The Jamaica Stock Exchange US Dollar Market closed on Wednesday with mixed results, as trading volume rose marginally, with a 49 percent lower value than on Tuesday. The market ended with an exchange of eight securities, down from 12 on Tuesday, with prices of 4 rising and four ending unchanged.
The market closed with an exchange of 326,949 shares for US$20,128 compared to 320,051 stock units at US$39,583 on Tuesday.
Trading ended with an average of 40,869 shares at US$2,516 in contrast to 26,671 stock units at US$3,299 on Tuesday. Trading for the month to date averages 658,943 units at US$41,855 down from 687,037 stock units at US$43,643 on the preceding day and well above an average of 120,090 units for US$9,981in September.
The US Denominated Equities Index shed 1.16 points to end at 282.57. The Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and none with a lower offer.
The PE Ratio, one of the most commonly used measures to determine appropriate stock values, averages 17.2. ICInsider.com compiles the earnings per share and the PE used in this report. The PE ratio is derived by dividing the last traded stock price by the earnings per share for financial years ending around August 2027.
At the close of trading, AS Bryden ended at 15.99 US cents with 170 units crossing the market, First Rock Real Estate USD share climbed 0.2 of a cent and ended at 2 US cents with investors swapping a mere one stock, Proven Investments increased 0.82 of a cent to close at 6.5 US cents with 70,067 shares changing hands. Sterling Investments remained at 2.25 US cents with a transfer of 100 stock units, Sygnus Credit Investments popped 0.26 of a cent in closing at 6.46 US cents with 27,343 shares crossing the market, Sygnus Real Estate Finance USD share ended at 5.15 US cents in trading of 2 stock units and Transjamaican Highway rallied 0.28 of one cent to end at 6.35 US cents with an exchange of 229,255 stocks.
In the preference segment, Sygnus Credit Investments 8% remained at US$9.90 after trading of 11 units.
Prices of securities trading are those of the last transaction.
The market closed with an exchange of 222,166 shares for US$126,575 up from 189,615 stock units at US$12,029 on Friday.
The market closed with an exchange of 841,584 shares for US$51,462 after climbing from 287,015 stock units at US$18,834 on Tuesday.
The market closed with an exchange of 287,015 shares for US$18,834 compared to 123,887 stock units at US$7,308 on Friday.
Elsewhere, trading closed after a 53 percent drop in the quantity of stocks traded, carrying a 45 percent lower value compared with Thursday, following trading in 38 securities, compared with 40 on Thursday and ending with prices of 16 rising, nine falling and 13 closing firm, resulting in a tidy gain for the market index.
The Junior Market ended trading with an average PE Ratio of 12.4. ICInsider.com computes the PE ratios derived by dividing the last traded stock price by earnings per share for companies with the fiscal years ending around August 2027.
Jamaican Teas rallied 19 cents to end at $2.19 with investors dealing in only 2 shares. Jetcon Corporation rose 1 cent to close at a 52 weeks high of $5.19 after an exchange of 38,523 shares, Lasco Financial skidded 5 cents to finish at $1.50, after 8,549 stock units passed through the market, Limners and Bards fell 10 cents and ended at 98 cents in an exchange of 141,131 stocks, MFS Capital Partners rose 10 cents in closing at 57 cents, with a mere 1 unit clearing the market. Paramount Trading climbed 14 cents to close at $1.04 in trading 82 shares, RA Williams increased by 8 cents to end at 77 cents with a transfer of 905,109 stocks and Regency Petroleum dipped by 13 cents to finish at $4.05, after 11,253 units passed through the market.
The market closed with an exchange of 123,887 shares for US$7,308, a big decline from 403,181 stock units at US$25,918 on Thursday.
The market closed with trading of 9,001,420 shares for $18,200,038, compared with 4,951,523 units at $9,364,927 on Wednesday.
ICInsider.com computes the PE ratios, derived by dividing the last stock price by earnings per share for companies with the fiscal year ending around August 2027.
Image Plus skidded 6 cents and ended at $1.80 with investors swapping 1,562,382 units, Jamaican Teas dropped 16 cents to end at $2 after an exchange of 3,943,420 stock units. Jetcon Corporation increased 29 cents to close at $5.18 with a transfer of 127,834 shares, Knutsford Express climbed 6 cents to $8.51, with 64,081 stock units crossing the exchange, Paramount Trading declined by 15 cents to finish at 90 cents in switching owners of 1,059 units. Regency Petroleum advanced 12 cents and ended at $4.18 after a transfer of 16,969 stocks and Spur Tree Spices dropped 5 cents to finish at $1.35 in trading 47,982 shares.