Market activity ended with a huge surge in trading on the Jamaica Stock Exchange US dollar market on Thursday with stocks changing hands leaping 2,701 percent higher at an 825 percent greater value than on Wednesday, resulting in the exchange of nine securities, compared to seven on Wednesday with prices of three rising, three declining and three ending unchanged.
The market closed with a huge exchange of 16,925,886 shares for US$433,335 well above 604,241 stocks that traded at US$46,865 on Wednesday. Trading ended with an average of 1,880,654 shares at US$48,148 up from 86,320 stocks at US$6,695 on Wednesday, with a month to date average of 229,401 units at US$10,798 compared with 97,886 stocks at US$7,824 on the previous day and October that ended with an average of 426,617 units for US$11,189.
The US Denominated Equities Index lost 6.66 points to end the day at 240.16. The Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and one with a lower offer.
The PE Ratio, one of the best known measures used to determine appropriate stock values, averages seven. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2025.
At the close of the market, First Rock Real Estate USD share remained at 2.99 US cents with 1 stock unit traded, MPC Caribbean Clean Energy ended at 54 US cents with 50 shares switching owners, Productive Business Solutions remained at US$1.77 with 5 units crossing the exchange. Proven Investments rallied 0.75 of one cent to 10 US cents with 99,000 stocks being traded, Sygnus Credit Investments skidded 0.23 of one cent to finish at 6.77 US cents in an exchange of 73 shares, Sygnus Real Estate Finance USD share fell 1.2 cents to close at a 52 weeks’ low of 3.8 US cents with investors swapping 3,834 stocks and Transjamaican Highway slipped 0.04 of one cent to 2.71 US cents with an exchange of 16,822,836 units.
In the preference segment, Productive Business Solutions 9.25% preference share increased 99.9 cents to end at US$10 with 84 stock units clearing the market and Sygnus Credit Investments E8.5% climbed 10 cents to US$10.10 as investors exchanged just 3 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

The market closed with an exchange of 604,241 shares for US$46,707 compared to 123,521 stocks at US$14,086 on Tuesday.
Productive Business Solutions 10.5% preference share rose $15 in closing at $1,050 after an exchange of 532 units and Sygnus Credit Investments C10.5% gained $1 to close at $102 after the trading of 1,821 stock units.