Trading on the Jamaica Stock Exchange US dollar market ended on Tuesday, with a 63 percent decline in the volume of stocks exchanged after a 309 percent jump in value on Monday, resulting in trading in five securities, compared to seven on Monday with prices of two rising, one declining and two ending unchanged.
The market closed with an exchange of 112,337 shares for US$43,069 compared to 301,898 units at US$10,518 on Monday.
Trading averaged 22,467 units at US$8,614 versus 43,128 shares at US$1,503 on Monday, with a month to date average of 22,243 shares at US$2,876 compared with 22,168 units at US$963 on the previous day and February that ended with an average of 46,765 units for US$6,084.
The US Denominated Equities Index sank 1.85 points to cease trading at 261.10.
The PE Ratio, a measure used in computing appropriate stock values, averages 10. The PE ratio is computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending and or around August 2024.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Proven Investments ended at 14.5 US cents in an exchange of 25 units, Sygnus Credit Investments increased 0.01 of a cent to 9 US cents with 2,700 stocks clearing the market and Transjamaican Highway lost 0.13 of a cent and ended at 2.11 US cents after trading at a record intraday high of 2.68 US cents after a transfer of 105,420 shares.
In the preference segment, JMMB Group US8.5% preference share ended at US$1.149, with 370 stock units crossing the exchange and Sygnus Credit Investments E8.5% climbed 32 cents to end at US$10.50 with 3,822 shares changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
More money pumped into JSE USD Market
March 5, 2024 by
