Steady JSE USD market trades on Monday


Trading activity on the Jamaica Stock Exchange US Dollar Market was steady on Monday, in comparison to Friday, with an exchange of 329,701 shares for US$12,304 just slightly lower than the 369,303 stocks that traded on Friday, with a value of US$12,397 and resulted in the exchange of 11 securities, compared with six on Friday with prices of three rising, three declining and five ending unchanged.

Trading on Monday averaged 29,973 shares at US$1,119 far below the average of 61,551 stocks at US$2,066 on Friday, with a month to date average of 36,602 units at US$1,619 within the range of 37,859 stocks at US$1,713 on the previous trading day and well below April that ended with an average of 261,717 units for US$10,686.
The US Denominated Equities Index skidded 1.25 points to 245.77. 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 frequently used measures to determine appropriate stock values, averages 11.7. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2025.
At the close of the market, First Rock Real Estate USD share remained at 1.8 US cents with investors transferring 33,051 shares, Productive Business Solutions ended at US$1.38 after 40 stock units passed through the market, Proven Investments ended at 11 US cents with 34 shares switching owners. Sterling Investments increased 0.19 of one cent in closing at 2 US cents as investors exchanged 2,056 stocks, Sygnus Credit Investments popped 0.45 of a cent to end at 7.45 US cents with 1,273 units changing hands, Sygnus Real Estate Finance USD share skidded 0.01 of a cent to close at 8 US cents with traders dealing in 14 stocks and Transjamaican Highway slipped 0.02 of a cent to 2.54 US cents as sellers exchanged 292,781 stock units, following release of solid first quarter results.
In the preferred segment, Productive Business Solutions 9.25% preference share declined 22 cents to close at US$10.20 as investors traded 37 shares, Sygnus Credit Investments US 8% SCIUSD8.0i remained at US$8.80 after an exchange of 15 stock units. Sygnus Credit Investments US 8% SCIUSD8.00D gained 58 cents to finish at US$9.20 with 200 shares crossing the market and Sygnus Credit Investments E8.5% remained at US$10 with an exchange of 200 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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