The Jamaica Stock Exchange US dollar market closed on Tuesday, with the volume of stocks traded surging 13,151 percent with an 8,883 percent greater value than on Monday, following a big trade in Transjamaican Highway shares, resulting in the exchange of six securities, compared to seven on Monday with prices of three rising, two declining and one ending unchanged.
The market closed with an exchange of 16,703,911 shares for US$317,585 well up on 126,060 stock units at US$3,535 on Monday.
Trading averaged 2,783,985 stock units at US$52,931 versus 18,009 shares at US$505 on Monday, with a month to date average of 414,766 shares at US$8,925 compared with 50,271 units at US$2,155 on the previous day and July that ended with an average of 30,304 units for US$2,118.
The US Denominated Equities Index advanced 0.32 points to close trading at 221.76.
The PE Ratio, a most used measure for computing appropriate stock values, averages 8.1. The PE ratio is calculated based on last traded prices divided by projected earnings done by ICInsider.com for companies with financial year ending and or around August 2025.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and three with lower offers.
At the close of the market, First Rock Real Estate USD share rallied 0.94 of one cent in closing at 4.74 US cents as investors exchanged just one stock unit, Proven Investments rose 0.09 of a cent to 10.9 US cents, with 405 shares being traded, Sterling Investments ended at 1.64 US cents in trading a mere 3 stocks. Sygnus Real Estate Finance USD share gained 0.2 of a cent to finish at 9 US cents with 1,600 units crossing the market and Transjamaican Highway dropped 0.09 of a cent to end at 1.9 US cents with traders dealing in 16,701,897 shares.
In the preference segment, Sygnus Credit Investments E8.5% sank 83.99 cents to close at US$9.50 in an exchange of 5 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Transjamaican blows up trading on JSE USD Market
Trading plunged on the JSE USD Market
Trading activity dived on the Jamaica Stock Exchange US dollar market on Monday, with an 85 percent drop in the volume of stocks exchanged, with an 81 percent lower value than on Friday, resulting in trading in seven securities, compared to five on Friday with prices of one rising, four declining and two ending unchanged.
The market closed with an exchange of 126,060 shares for US$3,535 compared to 861,865 units at US$18,856 on Friday.
Trading averaged 18,009 stock units at US$505 versus 172,373 shares at US$3,771 on Friday, with a month to date average of 50,271 shares at US$2,155 compared with 57,329 units at US$2,516 on the previous day and July that ended with an average of 30,304 units for US$2,118.
The US Denominated Equities Index fell 0.37 points to end the day at 221.44.
The PE Ratio, a most used measure for computing appropriate stock values, averages 7.9. The PE ratio is calculated based on last traded prices divided by projected earnings done by ICInsider.com for companies with financial year ending and or around August 2025.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close of the market, First Rock Real Estate USD share fell 0.3 of one cent in closing at 3.8 US cents after 23,385 shares passed through the market, Margaritaville remained at 8.4 US cents after a transfer of 103 stocks, MPC Caribbean Clean Energy rose 4.75 cents and ended at a 52 weeks’ high of 74.75 US cents with 13 shares crossing the market. Proven Investments skidded 0.19 of a cent to close at 10.81 US cents with traders dealing in 1,974 stock units, Sterling Investments sank 0.11 of a cent to finish at 1.64 US cents with 140 shares changing hands, Sygnus Credit Investments ended at 7 US cents with investors trading 9,591 stock units and Transjamaican Highway slipped 0.01 of a cent in closing at 1.99 US cents with 90,854 units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading surges on JSE USD Market
The Jamaica Stock Exchange US dollar market closed on Friday, with a 1,872 percent surge in the volume of stocks traded with a 420 percent jump in value over Thursday, resulting in trading in five securities, down from seven on Thursday with prices of one rising, two declining and two ending unchanged.
The market closed with an exchange of 861,865 shares for US$18,856 compared to 43,698 units at US$3,627 on Thursday.
Trading averaged 172,373 stock units at US$3,771 versus 6,243 shares at US$518 on Thursday, with a month to date average of 57,329 shares at US$2,516 compared with 36,024 units at US$2,283 on the previous day and July that ended with an average of 30,304 units for US$2,118.
The US Denominated Equities Index fell 3.01 points to 221.81.
The PE Ratio, a most used measure for computing appropriate stock values, averages eight. The PE ratio is calculated based on last traded prices divided by projected earnings done by ICInsider.com for companies with financial year ending and or around August 2025.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, AS Bryden ended at 22.49 US cents with investors trading 4,000 stock units, First Rock Real Estate USD share popped 0.1 of a cent to 4.1 US cents with 252 shares crossing the market, Proven Investments lost 0.9 of one cent to finish at 11 US cents after an exchange of 519 stock units and Transjamaican Highway sank 0.08 of a cent and ended at 2 US cents after 856,954 units crossed the market.
In the preference segment, Sygnus Credit Investments E8.5% remained at US$10.34 with investors dealing in 140 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.