Slippage for JSE USD Market


Trading activity dipped on the US Dollar Market of the Jamaica Stock Exchange on Monday, with the volume of stocks traded sliding 16 percent with a 25 percent lower value than on Friday resulting in an exchange of nine securities, compared with seven on Friday and ended with prices of two rising, three declining and four ending unchanged.

The market closed after an exchange of 294,791 shares for US$14,575, after sliding from 351,502 stocks at US$19,547 on Friday.
Trading ended with an average of 32,755 shares at US$1,619 in a fall from 50,215 stock units at US$2,792 on Friday, and May that ended with an average of 180,903 units for US$8,607. The US Denominated Equities Index slipped 1.81 points to 242.11. The Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and three with lower offers.
The PE Ratio, one of the most used measures to determine appropriate stock values, averages 8.1. ICInsider.com compiles the earnings per share and the PE used in this report. The P/E 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 remained at 2.88 US cents as investors exchanged 250 shares, Margaritaville ended at 5.87 US cents with 350 units crossing the market, Productive Business Solutions skidded 4.99 cents to end at 50.01 US cents following a transfer of 546 shares. Proven Investments remained at 6.9 US cents with trading of 6,002 stocks, Sygnus Credit Investments sank 0.01 of one cent to finish at 5.99 US cents with an exchange of 20,279 stock units, Sygnus Real Estate Finance USD share shed 0.85 of a cent to close at 4.4 US cents with 16,500 shares clearing the market and Transjamaican Highway gained 0.19 of a cent to end at 4.7 US cents with a transfer of 250,787 units.In the preference share segment, JMMB Group US8.5% closed at US$1.10 with investors swapping 74 stocks and AS Bryden 6% popped 15.13 cents in closing at US$1 after a transfer of 3 stock units.Prices of stocks are those for the last transaction unless otherwise stated.

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