Trading activity climbed on the US Dollar Market of the Jamaica Stock Exchange on Wednesday, with the volume of stocks traded rising 63 percent with a 31 percent jump in value compared with Tuesday, resulting from an exchange of 11 securities, similar to Tuesday with prices of three rising, five declining and three ending unchanged.
The market closed with an exchange of 845,195 shares for US$62,437 cup from 517,105 stock units at US$47,725 on Tuesday.
Trading averaged 76,836 shares at US$5,676 compared with 47,010 stock units at US$4,339 on Tuesday. Trading for the month to date averages 61,923 units at US$5,007 compared with an average of 115,072 units for US$12,480 for August.
The US Denominated Equities Index lost 2.91 points to close at 314.62. The Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and one with a lower offer.
The PE Ratio, one of the most used measures to determine appropriate stock values, averages 15.5. 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 ended at 1.85 US cents following trading of 11,044 stock units, Productive Business Solutions remained at 85 US cents with 120 shares clearing the market, Proven Investments fell 0.18 of one cent to close at 5.81 US cents with investors swapping 14,340 stocks. Quantas Advantage gained 2.11 cents in closing at 12 US cents after an exchange of 5,049 units, Sterling Investments dropped 0.1 of a cent and ended at 2.2 US cents with a transfer of 40,000 shares, Sygnus Credit Investments shed 0.02 of one cent to end at 5.88 US cents with investors swapping 11,120 units. Sygnus Real Estate Finance USD share ended at 4.79 US cents after a transfer of 170 stocks and Transjamaican Highway lost 0.35 of a cent to finish at 7.15 US cents with investors trading 763,020 stock units.
In the preference segment, JMMB Group US8.5% skidded 5 cents and ended at US$1.25 in an exchange of 108 shares. Productive Business Solutions 9.25% popped 9 cents to close at US$11.60 with investors dealing in 24 stock units and Sygnus Credit Investments 8% advanced 39.4 cents in closing at US$9.90 following swapping of 200 units.
Prices of securities trading are those of the last transaction.
The market closed with an exchange of 517,105 shares for US$47,725 after sliding from trading of 1,186,972 stocks at US$82,527 on Monday.
The market closed with trading of 44,085,181 shares in exchange for $185,872,106 compared with just 26,485,734 shares at $196,324,683 on Friday.
ICInsider.com compiles the JSE Main and the USD Market PE ratios based on last traded prices and earnings forecasts for companies with the financial year ending around August 2026.
Proven Investments climbed 75 cents to $9.80 and ended with an exchange of 6,492 shares, Quantas Advantage shed 80 cents in closing at $15.90 with investors dealing in 5,313 stocks, Sagicor Group climbed $1.70 to end at $42 after 80,467 units passed through the market. Sagicor Real Estate Fund increased $1.19 to finish at $9.99 and closed after 23,821 stocks passed through the market, Scotia Group advanced 60 cents and ended at $58.80 after trading of 10,510 shares, Supreme Ventures gained 45 cents to close at $17.50, with 171,423 stock units clearing the market. Sygnus Real Estate Finance declined $1.29 to $7.30 as investors exchanged 20,789 stocks and West Indies Petroleum lost 76 cents to finish at $9.17 with a transfer of 1,119 units.
The market closed with 41,753,131 shares trading for $323,847,100, up from 30,445,350 stock units at $281,536,908 on Thursday.
At the close, the Investor’s Choice bid-offer indicator shows 13 stocks ending with bids higher than their last selling prices and four with lower offers.
Mayberry Group increased 84 cents to finish at $5.88 after trading 16,378 stocks, Quantas Advantage shed 69 cents to end at $16 with 64,672 stocks passing through the market, Sagicor Group gained $2.25 in closing at $41 as investors exchanged 563,092 stock units. Scotia Group advanced 49 cents to $57.50 in trading 16,804 shares, Seprod rose $1 to finish at $75 after an exchange of 8,737 units, Sygnus Real Estate Finance skidded 48 cents and ended at $9.50 with a transfer of 510 stocks and Transjamaican Highway advanced 40 cents to close at $10.39 with 7,832,569 stock units crossing the exchange.
Trading ended following an exchange of 1,186,972 shares worth US$82,527 compared to 1,152,520 stock units at US$117,982 on Friday.
Company results for Main Market listed companies continue to show encouraging outcomes for the year, auguring well for increased stock prices for the balance of the year, barring any negative developments in the economy that could derail the market.
A total of 695,671 shares were exchanged at US$54,353 following a decrease from 1,450,938 stock units at US$597,546 on Thursday.
The market closed with 17,802,017 shares trading worth $126,875,104 after a fall from 332,532,212 stocks at $3,115,456,830 on Thursday.
The Main Market closed with an average PE of 15.2. ICInsider.com compiles the JSE Main Market PE ratios based on last traded prices and earnings forecasts for the fiscal year ending around August 2026.
Pan Jamaica skidded $5.98 to close at $40.02 after an exchange of 11,065 stock units, Quantas Advantage jumped $1.55 to $16.55 with a transfer of 101 stocks, Sagicor Group slipped 90 cents to end at $40.10 with 23,476 shares changing hands. Scotia Group climbed 51 cents and ended at $57.50 with 132,796 stocks crossing the market and Supreme Ventures dropped 69 cents to $17.20 with investors dealing in 154,772 units.
The market closed with 332,532,212 shares trading for $3,115,456,830, after soaring from 16,125,027 stock units, with a value of $178,956,658 on Wednesday.
The Main Market ended trading with an average PE Ratio of 15.7. ICInsider.com compiles the JSE Main Market PE ratios based on last traded prices and earnings forecasts for companies with the fiscal year ending around August 2026.
Pan Jamaica advanced by $2 and ended at $46 after a transfer of 1,866 stock units, Sagicor Group gained 90 cents to close at $41 with investors trading 28,579 units, Sagicor Real Estate Fund rose 75 cents and settled at $8.75 with a transfer of 845 shares. Supreme Ventures rallied by 44 cents to $17.89 with 14,724 shares passing through the market and West Indies Petroleum increased 79 cents to finish at $9.93 in an exchange of 320,026,211 stock units.