More big USD trading for Transjamaican


Transjamaican Highway, the highway-2000 operator, led trading on the Jamaica Stock Exchange US dollar market on Tuesday with 2 million shares for 92 percent of the day’s trade. Notwithstanding the TJH dominance, the volume of stocks traded declined 45 percent, with a 78 percent greater value than on Monday, resulting from an exchange of 13 securities, up from 10 on Monday, with prices of five rising, five declining and three ending unchanged.

The market closed with an exchange of 2,201,110 shares for US$192,691, much lower than 3,997,953 stock units at US$108,139 on Monday.
Trading averaged 169,316 shares at US$14,822, well below the 399,795 stocks at US$10,814 on Monday, with a month to date average of 344,782 stock units at US$13,956, comparing closely to 372,600 stocks at US$13,819 on the previous day and March with an average of 92,288 units for US$8,588.
The US Denominated Equities Index increased 8.55 points to end at 228.77. The Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and one with a lower offer.
The PE Ratio, one of the most used measures to determine appropriate stock values, averages 11.6. The PE ratio is calculated based on the last traded price divided by projected earnings, computed by ICInsider.com for companies with financial years ending around August 2025.
At the close of a day of reduced trading, AS Bryden increased 3.98 cents to finish at 19.98 US cents with 44 shares crossing the market, First Rock Real Estate USD share climbed 0.27 of a cent and ended at 2 US cents with an exchange of 3,000 units, Margaritaville lost 1.5 cents to 10 US cents after trading 1,000 stocks. Productive Business Solutions ended at US$1.45 with 13 shares crossing the market, Proven Investments remained at 11 US cents with investors swapping 901 stock units, Sterling Investments rose 0.16 of a cent to close at 1.96 US cents in an exchange of 25,866 shares. Sygnus Credit Investments ended at 7 US cents with 141,359 units changing hands and Transjamaican Highway dropped 0.1 of a cent to close at 2.51 US cents as investors exchanged 2,015,743 stocks.
In the preference segment, JMMB Group 7.5% preferred share fell a mere one cent in closing at US$1.99 with an exchange of 95 stocks. JMMB Group US8.5% preferred share advanced 0.7 of one cent to end at US$1.04 after trading of 15 shares, Productive Business Solutions 9.25% preference share dipped 50 cents to finish at US$10 with investors trading 13,038 stock units, Sygnus Credit Investments US 8% sank 40 cents and ended at US$8.60 after an exchange of 35 stocks and Sygnus Credit Investments E8.5% popped 77.99 cents to US$10.00 with a transfer of one unit.
Prices of securities trading are those for the last transaction of each stock unless otherwise

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