Trading surged on the US Dollar Market of the Jamaica Stock Exchange on Thursday, with a 1,270 percent surge in the volume of stocks changing hands, with a 2,287 percent jump in value compared with Wednesday, resulting in an exchange of 13 securities, up from seven on Wednesday with prices of four rising, five declining and four ending unchanged.
The market closed following an exchange of 1,055,001 shares for US$121,704, soaring from 76,990 stock units at US$5,098 on Wednesday.
An average of 81,154 shares at US$9,362 were exchanged, after an increasing from 10,999 stock units at US$728 on Wednesday, with a month to date average of 132,214 units at US$51,991 compared with 136,029 shares at US$55,176 on the previous day and June with an average of 625,703 units for US$203,999.
The US Denominated Equities Index rallied 10.21 points to settle at new record high of 295.23. 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 most used measures to determine appropriate stock values, averages 12.8. 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 rallied 0.02 of a cent to end at 1.9 US cents with an exchange of 1,000 stock units, Margaritaville declined 0.9 of one cent in closing at 5.1 US cents with 415 shares clearing the market, Productive Business Solutions remained at 85 US cents after a transfer of 3 stocks. Proven Investments rose 0.6 of a cent to close at 6 US cents with 31,284 units changing hands, Quantas Advantage gained 0.11 of a cent and ended at 10 US cents following trading of 4,000 stocks, Sterling Investments settled at 2 US cents with 75,150 units crossing the market. Sygnus Credit Investments fell 0.43 of a cent and ended at 5.07 US cents as investors exchanged 3,806 shares, Sygnus Real Estate Finance USD share remained at 5 US cents with a transfer of 59 stock units and Transjamaican Highway popped 0.14 of one cent to end at a record closing high of 6.49 US cents with investors dealing in 930,782 shares.
In the preference segment, JMMB Group US8.5% skidded 2 cents in closing at US$1.20 after an exchange of 3,908 units, Productive Business Solutions 9.25% lost US$2.09 to finish at US$10.91 with 4,571 stocks crossing the market, Sygnus Credit Investments 8% dipped 10 cents to close at US$11.10 following an exchange of 11 stock units and Sygnus Credit Investments E8.5% ended at US$10 with investors swapping 12 shares.
Closing prices of stocks are those of the last transaction.
The market closed with an exchange of 171,212 shares for US$10,376, down sharply from 887,366 stock units at US$55,429 on Monday.
The market closed with an exchange of 2,316,305 shares for US$133,841, increasing from an elevated 944,969 stock units at US$60,746 on Monday.
The market closed with the trading of 12,846,746 shares with a value of $102,917,764, with a slight fall from 13,213,833 stock units worth $105,706,728 on Thursday.
At the close, Barita Investments shed 44 cents to finish at $68.01 after an exchange of 7,088 stock units, Berger Paints declined by 50 cents and ended at $5 with 9,444 shares clearing the market, Carreras rallied 89 cents to close at $30.89 with an exchange of 89,884 stocks. Eppley Caribbean Property Fund increased $3.50 in closing at $44.50, with trading of 176 units, General Accident rose 40 cents to $9 with a transfer of 6,896 stocks, GraceKennedy lost $4.47 to end trading at $71.53, with 29,253 units crossing the market. Guardian Holdings gained $1.01 in closing at $354 with investors trading 1,632 shares, Kingston Properties rose 58 cents to $10.48, with 300 stock units crossing the market, Lasco Manufacturing dipped 42 cents to close at $6.60 after trading of 20,443 shares. Margaritaville fell $2.50 and ended at a 52 weeks low of $8.50 as investors exchanged 300 stock units, Massy Holdings advanced 51 cents to end at $72.01 in switching ownership of 585 stocks, Mayberry Group dropped 44 cents to finish at $5.54, with 1,859 units crossing the exchange. NCB Financial climbed $1 and ended at $72.90 after 154,295 shares were exchanged,
Proven Investments slipped 48 cents to $9.82 with investors dealing in 23,144 units, Quantas Advantage skidded 80 cents in closing at an all-time low of $14.45 after an exchange of 14,198 stocks. Scotia Group declined by 94 cents to $57.06 with investors swapping 26,745 stock units, Seprod skidded $1.50 to close at $73 after 9,674 shares passed through the market and Sygnus Credit Investments fell 60 cents to finish at $9.35 and closed with 1,001,538 stock units changing hands.
The market closed with an exchange of 222,238 shares for US$21,598 after tumbling from 3,291,527 stock units at US$2,445,825 on Friday.
The market closed with an exchange of 435,339 shares for US$184,279, up from 135,178 stock units at US$9,177 on Monday, as Productive Business Solutions gobbled up a little over 250,000 shares, valued at $173,082.
A total of 135,178 shares were traded for US$9,177 after falling from 447,663 stock units at US$23,128 on Friday.
The market closed following trading falling by 57 percent
The All Jamaican Composite Index rallied a solid 5,202.98 points to finish at a 5-year by a record high of 423,099.82, the JSE Main Index rose 2,502.79 points to settle at 355,579.82 and the JSE Financial Index popped by 0.64 points to end at 68.33. At the close, the Investor’s Choice bid-offer indicator shows seven stocks ending with bids higher than their last selling prices and one with a lower offer.
NCB Financial climbed $2 to finish at a 52 weeks closing high of $65 after an exchange of 235,149 shares, with the price trading at an intraday high of $66 and more that doubling since August last year. Proven Investments advanced 45 cents to $11.45 with 4,451 stocks passing through the market, Quantas Advantage dipped $1.01 in closing at $19.99 in switching ownership of 146,197 units, Sagicor Group rallied 70 cents to $39.70 with investors trading 4,467 stock units. Sagicor Real Estate Fund slipped 90 cents to $8.10 with 1,030,603 shares crossing the exchange, Scotia Group ended at $58.00 with dealers swapping 37,590 shares and Sygnus Real Estate Finance climbed $1.76 to end at $8.50 with 124 units clearing the market.