Sharp drop in trading on JSE USD Market


Trading activity dropped sharply on the US Dollar Market of the Jamaica Stock Exchange at Monday’s close, with the volume of stocks traded declining by 85 percent, with a 46 percent lower value than on Friday, resulting from an exchange of five securities, compared with seven on Friday, with prices of two rising, two declining and one ending unchanged.

The market closed with an exchange of 221,797 shares for US$6,297, down from 1,555,322 stock units at US$57,633 on Friday.
Trading ended with an average of 42,359 shares at US$1,259 compared to 222,189 stock units at US$8,233 on Friday, with a month to date average of 64,569 units at US$2,988, closely in line with the 65,543 stock units traded at US$3,064 on the previous day and above November, with an average of 36,788 units for US$2,343.
The US Denominated Equities Index slipped 0.84 points to finish at 204.18. The Investor’s Choice bid-offer indicator shows two 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 8.3. 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, Sterling Investments declined 0.3 of one cent to end at 1.69 US cents following trading of 200,000 shares, Sygnus Credit Investments slipped 0.06 of one cent to 6.5 US cents, with 473 stock units crossing the market and Transjamaican Highway rose 0.01 of one cent higher to 2.92 US cents in switching ownership of 10,020 stocks.
In the preference segment, JMMB Group US8.5% ended at US$1.1763 after an exchange of 1,195 shares, AS Bryden 6% remained at US$1 with investors trading 25,000 stock units and Productive Business Solutions 9.25% rose 68.99 cents to close at US$10.89 in an exchange of 109 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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