Steep drop in trading on JSE USD Market 


Trading ended with a steep drop on the US Dollar Market of the Jamaica Stock Exchange on Tuesday, with the market ending with an 85 percent fall in the volume of stocks traded and an 82 percent drop in the value compared with Monday, following an exchange of 12 securities, up from 10 on Monday. Prices of five stocks rose, three declined and four ended unchanged.

The market closed with an exchange of 769,895 shares for US$61,096 after tumbling from 5,256,613 stock units at US$348,331 on Monday.
Trading ended with an average of 64,158 shares at US$5,091 compared with 525,661 stock units at US$34,833 on Monday, with a month to date average of 273,932 units at US$18,610 compared with July that ended with an average of 132,012 units for US$49,788.
The US Denominated Equities Index rose 10.78 points to wrap up trading at 296.85. The Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and none with a lower offer.
The PE Ratio, one of the most used measures to determine appropriate stock values, averages 15.8. ICInsider.com compiles the earnings per share and the PE used in this report. The PE 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 rallied 0.02 of a cent to finish at 1.92 US cents as investors exchanged 14,275 stock units, Margaritaville increased 0.76 of a cent and ended at 5.86 US cents with at transfer of 400 shares, Productive Business Solutions climbed 2.75 cents to 75 US cents after an exchange of 178 units. Proven Investments remained at 5.51 US cents with 76,659 stocks clearing the market, Quantas Advantage dipped 0.29 of one cent to 10.71 US cents with investors dealing in 2,001 units, Sterling Investments ended at 2 US cents with 2,491 shares crossing the market. Sygnus Credit Investments fell 0.17 of one cent to close at 5.8 US cents with trading of 17,000 stocks and Transjamaican Highway popped 0.05 of a cent and ended at 7.05 US cents in switching ownership of 651,310 stocks.
In the preference segment, JMMB Group 7.5% ended at US$2.03 with investors swapping 1,542 units. JMMB Group US8.5% remained at US$1.22 in an exchange of 3,862 stocks, Productive Business Solutions 9.25% declined US$2.09 to end at US$10.91 with investors trading 25 shares and Sygnus Credit Investments 8% advanced 30 cents to close at US$9.50 with 152 stock units passed through the market.
Prices of securities trading are those of the last transaction.

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