Trading activity climbed on the US Dollar Market of the Jamaica Stock Exchange on Thursday with the traded volume rising 13 percent and the value climbing 9 percent higher than on Wednesday, resulting in an exchange of only four securities, up from nine on Wednesday and ended with prices of all four declining.
The market closed with an exchange of 558,299 shares with a value of US$24,736, with an increase from 496,078 stock units at US$22,659 on Wednesday.
Trading ended with an average of 139,575 shares at US$6,184 up from 55,120 stock units at US$2,518 on Wednesday, with a month to date average of 102,445 units at US$55,722 compared with 101,539 stock units at US$56,930 on the previous day and February that ended with an average of 95,098 units for US$6,755.
The US Denominated Equities Index slipped 0.23 points to close trading at 275.63. The Investor’s Choice bid-offer indicator shows four 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 10.4. 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, Margaritaville fell 0.05 of one cent to 8 US cents with the trading of 749 shares, Sterling Investments shed 0.02 of a cent to 1.98 US cents, following trading of 13,710 stock units, Sygnus Credit Investments dipped 0.01 of one cent to finish at 6.34 US cents with an exchange of 1,962 shares and Transjamaican Highway lost 0.02 of a cent and ended at 4.48 US cents after investors swapped 541,878 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.