Quantas Advantage climbed to a new high of 13 cents on Wednesday on the US Dollar Market of the Jamaica Stock Exchange, with trading resulting in an exchange of eight securities, after sliding from 10 on Tuesday, with prices of five rising, two declining and one ending unchanged. The volume of stocks traded fell 23 percent with an 89 percent lower value than on Tuesday.
The market closed with an exchange of 334,610 shares for US$19,892, after tumbling from 435,339 stock units at US$184,279 on Tuesday.
Trading ended with an average of 41,826 shares at US$2,487, decreasing from 43,534 stock units at US$18,428 on Tuesday. Trading for the month to date averages 40,382 stock units at US$5,494, well aligned with 40,100 stock units at US$6,081 on the previous day, but well below June, with an average of 625,703 units worth US$203,999.
The US Denominated Equities Index gained 9.02 points to finish at 256.14. The Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and none with a lower offer.
The PE Ratio, one of the most used measures to determine appropriate stock values, averages 11. 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 of trading, Productive Business Solutions rallied 11 cents to finish at 80 US cents with 353 stock units crossing the exchange, Proven Investments increased 0.35 of a cent and ended at 6.75 US cents after a transfer of 42,859 shares, Quantas Advantage climbed 1 cent to a new high of 13 US cents with 19,833 units crossing the market. Sygnus Credit Investments rose 0.06 of a cent in closing at 5.89 US cents after an exchange of 889 stocks, Sygnus Real Estate Finance USD share skidded 0.94 of a cent to close at 4 US cents with 2,703 shares crossing the market and Transjamaican Highway lost 0.04 of a cent to end at 5.22 US cents with investors swapping 267,967 stocks.
In the preference segment, JMMB Group US8.5% ended at US$1.20 after the trading of 2 units and AS Bryden 6% advanced 9.99 cents to finish at US$1 after investors exchanged 4 stock units.
Closing prices of stocks are those of the last transaction.