Trading on the Jamaica Stock Exchange US dollar market ended on Thursday, with a 581 percent rise in the volume of stocks changing hands valued 67 percent more than on Wednesday and resulting in trading of six securities, compared to seven on Wednesday with three rising, one declining and two ending unchanged.
Overall, 866,262 shares were traded for US$20,932 compared with 127,251 units at US$12,519 on Wednesday.
Trading averaged 144,377 units at US$3,489, compared with 18,179 shares at US$1,788 on Wednesday, with a month to date average of 55,430 shares at US$1,607 compared to 44,965 units at US$1,386 on the previous day and September with an average of 73,281 units for US$5,102.
The US Denominated Equities Index dropped 5.30 points to close at 240.17.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.9. The PE ratio is computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, First Rock Real Estate USD share increased 0.67 of one cent to end at 4.87 US cents with a transfer of 80 shares, 
MPC Caribbean Clean Energy ended at 54 US cents with an exchange of 1,264 stock units, Sterling Investments dipped 0.06 of a cent to close at 1.69 US cents with stakeholders exchanging 294 stocks. Sygnus Credit Investments rose 0.19 of a cent and ended at 9 US cents as investors exchanged 119 units and Transjamaican Highway remained at 1.72 US cents with 858,720 stock units clearing the market.
In the preference segment, JMMB Group 6% gained 7.4 cents to end at US$1.076 with investors transferring 5,785 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Slippage for JSE USD Market
October 12, 2023 by
