Investors injected 55 percent more money into the Jamaica Stock Exchange US dollar market on Friday and ended with 51 percent fewer shares than on Thursday. Similar to Thursday, trading ended with an exchange of eight securities, with prices of two rising, two declining and four ending unchanged.
The market closed with an exchange of 255,956 shares for US$19,600 compared to 525,864 stocks at US$12,652 on Thursday.
Trading for the day averaged 31,995 shares at US$2,450 compared to 65,733 stocks at US$1,581 on Thursday, with a month to date average of 40,763 units at US$2,114 compared with 43,461 stocks at US$2,011 on the previous day and June that ended with an average of 591,343 units for US$19,218.
The US Denominated Equities Index fell 0.58 points to 203.84. The Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and none with a lower offer.
The PE Ratio, one of the most frequently used measures to determine appropriate stock values, averages 10.4. The PE ratio is calculated using the last traded price and projected earnings, computed by ICInsider.com for companies with the financial year ending around August 2025.
At the close, First Rock Real Estate USD share rose 0.15 of a cent to close at 1.95 US cents after a transfer of 100 shares, Proven Investments slipped 0.19 of one cent to 10.25 US cents, following the trading of 61,556 stocks, Sterling Investments gained 0.01 of a cent to end at 2.22 US cents after 41,249 shares passed through the market. Sygnus Credit Investments remained at 7.6 US cents with an exchange of 122,465 units, Sygnus Real Estate Finance USD share ended at 6 US cents, with 10,000 stocks changing hands and Transjamaican Highway shed 0.03 of one cent to finish at 2.32 US cents after an exchange of 20,384 units.
In the preference segment, AS Bryden ended at US$1 with a transfer of just 2 stocks and Sygnus Credit Investments US 8% remained at US$9.75, with investors dealing in 200 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.