The US Dollar Market of the Jamaica Stock Exchange climbed to a new record high on Wednesday, as the US Denominated Equities Index climbed 8.34 points to end at 284.51, for a year to date gain of 34 percent, following an exchange of 10 securities, up from nine on Tuesday, with prices of five rising, one declining and four ending unchanged.
The market closed with a 28 percent decline in shares traded to 435,942 units, from 608,576 shares on Tuesday for US$32,193, just 5 percent more than US$30,667 on Tuesday. Trading ended with an average of 43,594 shares at US$3,219, down from 67,620 stock units at US$3,407 on Tuesday, with a month to date average of 95,852 units at US$6,716 compared with 99,360 stock units at US$6,950 on the previous day and January that ended with an average of 80,722 units for US$9,110.
. The Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and two with lower offers.
The PE Ratio, one of the most used measures to determine appropriate stock values, averages 10.7. 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, AS Bryden remained at 25 US cents with an exchange of 600 shares, First Rock Real Estate USD share ended at 3.39 US cents, with 100 stocks crossing the market, Margaritaville rallied 0.05 of one cent to close at 8.1 US cents after a transfer of 75 shares. MPC Caribbean Clean Energy sank 2 cents in closing at 37 US cents with traders dealing in 80 stocks, Productive Business Solutions rose 6.46 cents to end at US$1.07 in an exchange of 14 units, Proven Investments gained 0.01 of a cent to finish at 8.01 US cents with trading of 4,000 shares. Sterling Investments rose 0.32 of a cent to 2.32 US cents after trading of 7,100 units and Transjamaican Highway climbed 0.05 of a cent to close at 4.76 US cents with 421,773 stocks clearing the market.
In the preference segment, JMMB Group US8.5% remained at US$1.20 with investors swapping 1,200 stock units and Sygnus Credit Investments 8% ended at US$10.02 with 1,000 shares crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.