New record high for JSE USD Market


The US Denominated Equities Index climbed 5.37 points to hit a record high of 285.97 on the US Dollar Market of the Jamaica Stock Exchange on Wednesday with the volume of stocks traded just rising over Tuesday’s level, with the value skidded 6 percent from that on Tuesday, following an exchange of 10 securities, compared to nine on Tuesday, with prices of four rising, three declining and three ending unchanged.

The market closed with an exchange of 325,371 shares for US$17,596 compared to 319,695 stock units at US$18,681 on Tuesday.
Trading ended with an average of 32,537 shares at US$1,760, after sliding from 35,522 stocks at US$2,076 on Tuesday, with a month to date average of 36,909 units at US$1,964 compared with 39,338 stocks at US$2,078 on the previous day and February that ended with an average of 95,098 units for US$6,755.
The Investor’s Choice bid-offer indicator shows two 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 10.8. The PE ratio is derived by dividing the last traded price by earnings per share. ICInsider.com compiles the earnings per share used in this report for companies with their financial year ending around August 2026.
At the close of the market, First Rock Real Estate USD share dropped 0.3 of a cent and ended at 2.9 US cents after an exchange of 24 shares, Margaritaville shed 0.05 of a cent to 8.05 US cents with 1,293 units clearing the market, Productive Business Solutions rallied 15 cents to US$1.15 as investors exchanged 10 stocks. Proven Investments remained at 8 US cents after a transfer of 530 shares, Sterling Investments ended at 2.2 US cents with 999 stock units passing through the market, Sygnus Credit Investments declined 0.04 of a cent to finish at 6 US cents with an exchange of 50,711 shares. Sygnus Real Estate Finance USD share popped 0.1 of one cent to 5.1 US cents, following trading of 1,000 stocks and Transjamaican Highway gained 0.04 of one cent to 4.77 US cents after an exchange of 270,644 units.

In the preference segment, JMMB Group US8.5% rose 8.99 cents to close at US$1.30 with investors trading 5 stock units and Sygnus Credit Investments E8.5% ended at US$10.13 in switching ownership of 155 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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