Trading on the US Dollar Market of the Jamaica Stock Exchange, remained low on Monday, with a marginal increase in number of shares changing hands carry an 11 percent higher value than on Friday, with an exchange of six securities, just up from five on Friday and ending with prices of three advancing, one declining and two ending unchanged.
The market closed with an exchange of 442,856 shares for US$23,193 up from 433,362 stock units at US$20,839 on Friday.
Trading ended with an average of 73,809 shares at US$3,866 after decreasing from 86,672 stock units at US$4,168 on Friday, Trading for the month to date averages 227,181 units at US$10,439 compared with 238,684 stock units at US$10,932 on the previous day and April that ended with an average of 121,441 units for US$6,732.
The US Denominated Equities Index sank 2.34 points to close at 272.93. The Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and three with lower offers.
The PE Ratio, one of the most used measures to determine appropriate stock values, averages 10. ICInsider.com compiles the earnings per share and the PE used in this report. The P/E ratio is derived by dividing the last traded price of a stock by the earnings per share for the financial year ending around August 2026.
At the close of trading, First Rock Real Estate USD share remained at 2.99 US cents as investors exchanged 80 shares, Margaritaville popped 0.06 of a cent and ended at 5.05 US cents after an exchange of 1,549 stock units, Productive Business Solutions slipped by 21 cents to close at US$1.17 after an exchange of 4 stocks. Proven Investments ended at 6.98 US cents with investors dealing in 128,474 shares, Sygnus Credit Investments popped 0.01 of one cent to settle at 6 US cents in switching ownership of 10,263 stock units and Transjamaican Highway increased 0.07 of one cent to end at 4.77 US cents with 302,486 shares passing through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.