Winners outnumbered losers 2 to 1 on the Jamaica Stock Exchange US Dollar Market on Wednesday, following an exchange of 12 securities, down from 14 on Tuesday with prices of six rising, three declining and three ending unchanged. Trading ended with a 49 percent slippage in volume of stocks changing hands, with an 88 percent jump in value over Tuesday.
The market closed with an exchange of 563,601 shares for US$138,376 compared to 1,105,110 stock units at US$73,758 on Tuesday.
Trading ended with an average of 46,967 shares at US$11,531 relative to 78,936 stock units at US$5,268 on Tuesday. Trading for the month to date averages 58,102 units at US$6,909 compared with 63,241 stock units at US$4,776 on the preceding day and an average of 599,023 units for US$38,839 in October.
The US Denominated Equities Index popped 2.89 points to close at 296.84. The Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and one with a lower offer.
The PE Ratio, one of the most commonly used measures to determine appropriate stock values, averages 19.3. ICInsider.com compiles the earnings per share and the PE used in this report. The PE ratio is derived by dividing the last traded stock price by the earnings per share for financial years ending around August 2027.
At the close of trading, First Rock Real Estate USD share remained at 2 US cents with 5,002 units crossing the market, MPC Caribbean Clean Energy shed 3.45 cents to close at 23 US cents in an exchange of 35 stocks, Productive Business Solutions ended at 95 US cents with investors swapping 114 shares. Quantas Advantage declined by 0.11 of a cent in closing at 14.79 US cents with a transfer of 4,588 stock units, Sterling Investments dropped 0.01 of one cent to end at 2.31 US cents after an exchange of 2 shares, 
Sygnus Credit Investments increased 0.92 of one cent in closing at 7.79 US cents with investors dealing in 8,281 units. Sygnus Real Estate Finance USD share climbed 0.14 of a cent to end at 5.29 US cents with 2,154 stocks clearing the market and Transjamaican Highway rose 0.05 of one cent to finish at 6.6 US cents with an exchange of 531,150 stock units.
In the preference share segment, JMMB Group 7.5% gained 8 cents and ended at US$2.08 with 2,500 shares passing through the market. JMMB Group US8.5% ended at US$1.29 with 38 stocks crossing the exchange, Sygnus Credit Investments 8% rose $1.09 and finished at $10.10 with investors exchanging 500 stock units and Sygnus Credit Investments 8% advanced 41 cents in closing at US$9.91 after a transfer of 9,237 stock units.
Prices of securities trading are those of the last transaction.