New record high for Transjamaican Highway


Transjamaican closed at another record high on the US Dollar Market of the Jamaica Stock Exchange on Wednesday, with the stocks capturing 82 percent of the total volume of stocks traded. The value and volume of stocks traded just slipped lower from Tuesday’s levels, following an exchange of nine securities, down from 12 on Tuesday and ending with prices of three rising, four declining and two ending unchanged.

The market closed with an exchange of 764,110 shares for US$58,570 compared to 769,895 stock units at US$61,096 on Tuesday.
Trading ended with an average of 84,901 shares at US$6,508 compared to 64,158 stock units at US$5,091 on Tuesday. Trading for the month to date averages 219,052 units at US$15,097 compared with 273,932 stock units at US$18,610 on the previous day and July that ended with an average of 132,012 units for US$49,788.
The US Denominated Equities Index rallied 13.07 points to finish at 309.92. 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 15.4. ICInsider.com compiles the earnings per share and the PE used in this report. The PE ratio is derived by dividing the last traded price of a stock by the earnings per share for the financial year ending around August 2026.
At the close, First Rock Real Estate USD share advanced 0.08 of one cent in closing at 2 US cents with 1,797 stocks clearing the market, Productive Business Solutions shed 3 cents to end at 72 US cents in an exchange of 150 units, Proven Investments fell 0.41 of a cent and ended at a 52 weeks low of 5.1 US cents, with 25,377 shares crossing the market. Quantas Advantage dipped 1.19 cents to close at 9.52 US cents after an exchange of 3,114 stock units, Sygnus Credit Investments lost 0.3 of a cent to finish at 5.5 US cents crossing the market 27,213 shares, Sygnus Real Estate Finance USD share remained at 5 US cents as investors exchanged 83 units and Transjamaican Highway popped 0.88 of one cent in closing at a record high of 7.93 US cents after a transfer of 705,334 stocks.
In the preference segment, JMMB Group 7.5% ended at US$2.03 with investors swapping 958 stock units and AS Bryden 6% rallied 15 cents to end at US$1 with an exchange of 84 shares.
Prices of securities trading are those of the last transaction.

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