Record TransJam high on JSE USD Market


The US Dollar Market of the Jamaica Stock Exchange closed on Friday, with the volume of stocks traded declining 16 percent with a 17 percent lower value than on Thursday, resulting in an exchange of eight securities, compared with seven on Thursday, with prices of two rising, three declining and three ending unchanged.

The market closed with an exchange of 447,663 shares for US$23,128 compared to 535,822 stock units at US$27,949 on Thursday.
Trading ended with an average of 55,958 shares at US$2,891 after sliding from 76,546 stocks at US$3,993 on Thursday, with a month to date average of 53,680 units at US$2,793 compared with 52,161 stock units at US$2,728 on the previous day and June that ended with an average of 625,703 units for US$203,999.
The US Denominated Equities Index rose 2.88 points to finish at 246.84. The Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and none with a lower offer.
The PE Ratio, one of the most used measures to determine appropriate stock values, averages 7.5. 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, First Rock Real Estate USD share ended at 2.5 US cents with a transfer of 3,333 shares, Margaritaville dropped 1.9 cents to 5 US cents in an exchange of 98,852 units. Proven Investments shed 0.05 of a cent to close at 6.8 US cents with 1,100 stocks clearing the market, Quantas Advantage traded for the first time since listing this week and closed at 12 US cents after an exchange of 2,000 stock units, Sterling Investments rallied 0.39 of a cent to end at 2 US cents after a transfer of 2,000 units, Sygnus Credit Investments declined 0.13 of one cent in closing at 5.85 US cents with 559 stocks passing through the market and Transjamaican Highway rose 0.19 of one cent to close at a record high of 5.29 US cents, with 339,797 shares crossing the exchange.
In the preference segment, JMMB Group US8.5% ended at US$1.20 with investors trading 22 stock units.
The closing prices of stocks trading are those of the last transaction.

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