Sharp increased trading on JSE USD Market


A sharp 4,068 percent surge in funds entering the US Dollar Market of the Jamaica Stock Exchange on Wednesday resulted in only an 11 percent rise in the volume of stocks traded compared to Tuesday. The market closed with an exchange of 12 securities, compared with 10 on Tuesday, with prices of five rising, four declining and three ending unchanged, driving the market index to close with a year to date gain of 4.7 percent.

The market closed with an exchange of 581,330 shares for US$834,878, up from 523,207 stock units at US$20,031 on Tuesday.
The day’s trading averaged 48,444 shares at US$69,573, compared to 52,321 stock units at US$2,003 on Tuesday, resulting in a month to date average of 35,376 units at US$21,717, up from 29,775 stock units at US$1,207 on the previous day. In comparison, December closed with an average of 75,710 units for US$4,415.
The US Denominated Equities Index rallied 10.30 points to finish at 222.10. The Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and one with a lower offer.
The PE Ratio, one of the most used measures to determine appropriate stock values, averages 9.2. 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, First Rock Real Estate USD share dipped 0.05 of one cent to finish at 2.5 US cents in an exchange of 2,390 shares, Margaritaville advanced 1.12 cents to 8.6 US cents, with 4 stocks clearing the market, MPC Caribbean Clean Energy rose 4.68 cents to close at 35.9 US cents after an exchange of 145 shares. Productive Business Solutions climbed 15 cents in closing at US$1.15 with 49 units changing hands, Proven Investments increased 0.47 of a cent to 9.97 US cents with traders dealing in 18,040 stocks, Sygnus Credit Investments ended at 6.55 US cents, with 4,128 shares changing hands. Sygnus Real Estate Finance USD share shed 0.03 of a cent to 6.2 US cents after trading of 2,472 stocks and Transjamaican Highway slipped 0.03 of a cent to 3.15 US cents with an exchange of 471,117 units.
In the preference segment, JMMB Group 7.5% remained at US$2 and closed with an exchange of 1,556 stock units. JMMB Group US8.5% popped 12.99 cents in closing at US$1.2999 with a transfer of 11 shares, AS Bryden 6% ended at US$1 after just one stock unit passed through the market and Sygnus Credit Investments 8% fell 2 cents to finish at US$10 in trading 81,417 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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