Trading on the Jamaica Stock Exchange US dollar market ended on Monday, with a 78 percent rise in the volume of stocks changing hands after a 75 percent rise in value compared with trading on Friday and resulted in an exchange of four securities, compared to two on Friday, with two rising, none declining and two ending unchanged.
A total of 258,699 shares were traded for US$6,551 compared with 145,233 units at US$3,750 on Friday.
Trading averaged 64,675 units at US$1,638 versus 72,617 shares at US$1,875 on Friday, with a month to date average of 105,165 shares at US$3,027 compared with 108,220 units at US$3,132 on the previous trading day. Trading in June ended with an average of 60,969 units for US$3,967.
The US Denominated Equities Index rose 3.47 points to 255.97.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.2. The PE ratio is computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, First Rock Real Estate USD share ended at 4.4 US cents with 143 shares changing hands, Proven Investments rose 0.37 of a cent to close at 14.9 US cents after a transfer of 12,315 stocks, Sygnus Credit Investments ended at 10.95 US cents after trading 21 stock units and Transjamaican Highway popped 0.05 of a cent to end at 1.85 US cents with investors transferring 246,220 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.