Steady trading on the JSE USD Market


The Jamaica Stock Exchange US dollar market closed Thursday, with a 392 percent jump in the volume of stocks traded, with a 20 percent lower value than on Wednesday, resulting in an exchange of eight securities, compared with 10 on Wednesday, with the price of one rising, three declining and four ending unchanged.

The market closed with trading of 525,864 shares valued US$12,652 compared with 106,960 stocks at US$15,796 on Wednesday.
Trading averaged 65,733 shares at US$1,581, up from 10,696 stocks at US$1,580 on Wednesday, with the month to date averaging 43,461 units at US$2,011 compared with 33,562 stocks at US$2,201 on the previous day and well below June that ended with an average of 591,343 units for US$19,218.
The US Denominated Equities Index declined by a mere 0.05 points to close at 204.43. 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 frequently used measures to determine appropriate stock values, averages 10.4. The PE ratio is calculated by dividing the last traded price by projected earnings, as computed by ICInsider.com for companies with their financial year ending around August 2025.
At the close, First Rock Real Estate USD share ended at 1.8 US cents with a transfer of 450,270 shares, Margaritaville drifted 0.05 of a cent lower to 8.15 US cents after 292 units crossed the market. MPC Caribbean Clean Energy sank 11 cents to finish at 39 US cents with investors trading only 90 stocks. Proven Investments remained at 10.44 US cents in an exchange of just 91 shares, Sterling Investments ended at 2.21 US cents with investors trading 11,883 stocks, Sygnus Credit Investments remained at 7.6 US cents after a transfer of 317 shares and Transjamaican Highway advanced 0.01 of a cent to close at 2.35 US cents in switching ownership of 60,363 stock units.
In the preference segment, JMMB Group US8.5% lost 1 cent to end at US$1.09, with 2,558 units crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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