Trading on the Jamaica Stock Exchange US dollar market ended on Friday, with no change to the US Denominated Equities Index at 251.01 but the volume of stocks exchanged rose 154 percent after a 553 percent jump in the amount of US dollars that changed hands compared to Thursday, resulting in trading in four securities, compared to five on Thursday with no change in stock prices.
The market closed with an exchange of 1,000,615 shares for US$122,251 up sharply from 393,307 units at US$18,728 on Thursday.
Trading averaged 250,154 stock units at US$30,563 compared with 78,661 shares at US$3,746 on Thursday, with a month to date average of 154,880 shares at US$15,664 compared with January that ended with an average of 42,169 units for US$5,037.
The PE Ratio is used in computing appropriate stock values and averages 10.5 for the US dollar market. 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 two with lower offers.
At the close of trading, Proven Investments ended at 13.3 US cents with investors trading 1,106 stocks, Sygnus Credit Investments finished trading at 8.97 US cents after a transfer of 1,628 units and Transjamaican Highway remained at 2 US cents with investors dealing in 897,881 shares.
In the preference segment, JMMB Group US8.5% preference share advanced 1 cent and ended at US$1.04 in switching ownership of 100,000 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
No price change for JSE USD Market
February 2, 2024 by
