The Jamaica Stock Exchange US dollar market closed on Tuesday, with the volume of stocks traded declining 15 percent, with a 136 percent increase in value compared with Monday, resulting in an exchange of nine securities, compared with seven on Monday and ending, with prices of two rising, four declining and three ending unchanged.
The market closed with an exchange of 197,673 shares for US$19,760, compared with 231,237 stock units at US$8,374 on Monday.
Trading averaged 21,964 shares for US$2,196 compared to 28,905 stock units at US$1,047 on Monday, with a month to date average of 22,573 units at US$1,516 compared with 22,677 stock units at US$1,401 on the previous day and October that ended with an average of 35,022 units for US$2,855.
The US Denominated Equities Index sank 0.04 points to settle at 191.86. The Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and none with a lower offer.
The PE Ratio, one of the most frequently used measures to determine appropriate stock values, averages 9.3. The PE ratio is computed by dividing the last traded price by projected earnings, as calculated by ICInsider.com, for companies with the financial year ending around August 2026.
At the close of trading, First Rock Real Estate USD share ended at 3 US cents with 1,991 shares changing hands, Proven Investments fell 0.13 of a cent in closing at 10 US cents with investors swapping 77,462 stock units, Sterling Investments remained at 2 US cents in switching ownership of 5,000 shares. Sygnus Credit Investments skidded 0.1 of a cent to finish at 7.6 US cents with 1,350 units crossing the market and Transjamaican Highway popped 0.03 of a cent and ended at 2.61 US cents with trading of 110,967 stocks.
In the preference segment, JMMB Group US8.5% sank 5 cents to close at US$1.15 with an exchange of 95 units. Productive Business Solutions 9.25% gained 15 cents to close at US$11 after the trading of 674 shares, Sygnus Credit Investments 8% ended at US$10 with investors dealing in 105 stock units and Sygnus Credit Investments E8.5% shed 45.8 cents to finish at US$9.54 as traders cleared 29 stocks from the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.