Steady trading on the JSE USD Market


The Jamaica Stock Exchange US dollar market closed on Tuesday, with the volume of stocks traded rising 16 percent, with 488,548 shares traded, up from 422,657 stocks valued at US$21,786 compared to US$21,798 last Thursday, resulting from an exchange of eight securities, up from six on Thursday with prices of three rising, two declining and three ending unchanged.
The market closed with an average of 61,069 shares at US$2,723, down from 70,443 stocks at US$3,633 on Thursday, with a month to date average of 290,653 units at US$12,008 compared with 307,350 stocks at US$12,684 on the previous trading day and March that ended with an average of 92,288 units for US$8,588. The US Denominated Equities Index fell 2.56 points to wrap up trading at 223.73. The Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and three with lower offers. The PE Ratio, the most frequently used measure to determine appropriate stock values, averages 11.4. 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 trading after the long Easter Holiday break, First Rock Real Estate USD share remained at 1.99 US cents in switching ownership of 6,986 shares, MPC Caribbean Clean Energy gained 5.86 cents to end at 44.86 US cents with investors swapping 73 units, Proven Investments shed 1 cent to finish at 10 US cents after a transfer of 39,372 shares and Transjamaican Highway dipped 0.05 of one cent and ended at 2.45 US cents with 439,012 stock units crossing the market. In the preference segment, JMMB Group 7.5% preferred share ended at US$2 after an exchange of 48 stocks, JMMB Group US8.5% preference share remained at US$1.034 after closing with an exchange of 2,648 units. Sygnus Credit Investments US 8% popped 29 cents to US$8.54 in trading 84 stocks and Sygnus Credit Investments US 8% climbed 30 cents and ended at US$10 with 325 shares changing hands. Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
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