Trading plunged for a second consecutive day on the Jamaica Stock Exchange US dollar market on Friday, with the early closure of the market at noon, with a 77 percent drop in the volume of stocks traded, with a 53 percent lower value than on Thursday, resulting in an exchange of eight securities, compared with 12 on Thursday. Trading ended with no stock recording gains while three declined and five ended unchanged.
The market closed with an exchange of 24,870 shares for US$3,934 compared to 107,676 stocks at US$8,375 on Thursday.
Trading averaged just 3,109 shares at a mere US$492, down from 8,973 stocks at US$698 on Thursday, with a month to date average of 38,389 units at US$3,056 compared with 40,405 stocks at US$3,203 on the previous day and well below September that ended with an average of 127,542 units for US$6,557.
The US Denominated Equities Index advanced by a mere 0.07 points to 197.23. The Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and three with lower offers.
The PE Ratio, one of the most frequently used measures to determine appropriate stock values, averages 9.3. The PE ratio is computed by using the last traded price divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2026.
At the close, First Rock Real Estate USD share remained at 3.2 US cents, with 1,773 shares crossing the exchange, Productive Business Solutions ended at 74 US cents with a transfer of just one unit, Proven Investments ended at 10.25 US cents after two stock units passed through the market. Sterling Investments remained at 2 US cents in an exchange of 2,106 shares, Sygnus Credit Investments declined 0.92 of a cent to 6.82 US cents, with 20,499 stock units being traded and Transjamaican Highway lost 0.01 of a cent and ended at 2.74 US cents in an exchange of 252 shares.
In the preference segment, AS Bryden ended at US$1 with traders dealing in one unit and Sygnus Credit Investments 8% skidded 50 cents to finish at US$10, with 236 stocks crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with trading of 4,079,653 shares for $5,854,583 compared with 2,091,513 units at $3,335,945 on Wednesday.
At the close of trading activity, Access Financial lost $1.65 and ended at $18 in an exchange of 410 shares, with offers of more than 100,000 shares at $19.50 and in excess of 10,000 at $18, overhanging the market, Cargo Handlers dropped 18 cents to $12.80 after 216 stocks were traded, Caribbean Assurance Brokers climbed 6 cents to finish at $1.94 in switching ownership of 6,850 shares. Dolla Financial rose 6 cents to close at $2.49 with investors dealing in 303,649 units, Dolphin Cove sank 9 cents in closing at $13.78 following the trading of 15,961 stocks, Express Catering advanced 20 cents to $3.35 with a transfer of 66,761 units. Fontana popped 6 cents to $9.10 as investors exchanged 68,507 stocks, Honey Bun skidded 11 cents in closing at $7.49 in trading 759 shares, ISP Finance fell 46 cents and ended at $12.50 with a mere one stock unit clearing the market. Jamaican Teas declined 7 cents to close at $2.24 with investors trading 1,895 shares, KLE Group rallied 7 cents to finish at 97 cents after 8 stocks crossed the exchange,
The market closed with an exchange of 107,676 shares for US$8,375 compared to 787,325 stocks at US$33,574 on Wednesday.
The market closed with trading of just 2,091,513 shares valued $3,335,945 compared with 4,213,080 units at $7,442,460 on Tuesday.
At the close of the market, Access Financial rallied 37 cents to $19.65, with 4,942 shares changing hands and 100,000 units on offer at $19.50, with limited stocks on the bid to buy. Blue Power rose 37 cents to $3.73 after an exchange of 21 stock units, Caribbean Assurance Brokers declined 7 cents and ended at $1.88, with 834 shares crossing the market. Caribbean Cream gained 5 cents to end at $2.10 after an exchange of 10,700 stocks, Consolidated Bakeries popped 23 cents in closing at $1.70, following trading of 248,965 stock units, Derrimon Trading sank 8 cents to close at $1.76 after a transfer of 8,211 shares. Elite Diagnostic increased 23 cents to $1.93 with traders dealing in 12,882 units, Express Catering lost 5 cents to finish at $3.15 as investors exchanged 1,840 stocks, Honey Bun dipped 10 cents and ended at $7.60 after 1,834 stock units passed through the market. Indies Pharma fell 5 cents in closing at $3 with investors dealing in 108,254 shares, ISP Finance climbed $1.66 to end at $12.96 in an exchange of just one stock unit,
The market closed with an exchange of 787,325 shares for US$33,574, up sharply from just 138,842 stocks at US$7,128 on Tuesday.
The market closed with trading of 4,213,080 shares for $7,442,460 compared with 17,420,320 units at $21,581,720 on Friday.
The Junior Market ended trading with an average PE Ratio of 12.8, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2026.
The market closed with an exchange of 26,534 shares for US$1,226 with a slide from 339,923 stocks at US$14,918 on Thursday.
The market closed with trading of 17,420,320 shares for $21,581,720 compared with 9,306,236 units at $16,784,542 on Thursday.
The Junior Market ended trading with an average PE Ratio of 12.5, based on last traded prices, in conjunction with earnings projected by ICInsider.com for financial years ending around August 2026.
The market closed with trading of 9,306,236 shares for $16,784,542, up from 8,628,228 stock units at $7,030,247 on Wednesday.
The Junior Market ended trading with an average PE Ratio of 12.5, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2026.