The US Dollar Market Index of the Jamaica Stock Exchange rose on Tuesday, after an exchange of 12 securities, up from five on Monday with prices of two rising, three declining and seven ending unchanged, following a fall in trading levels.
The market closed with an exchange of 118,617 shares 85 percent less than trading on Monday, when 773,033 shares were exchanged at US$37,074, well ahead of the US$8,845 on Tuesday.
Trading ended with an average of 9,885 shares at US$737 each, after tumbling from 154,607 stocks at US$7,415 on Monday, with a month to date average of 263,793 units at US$12,037 compared with 320,217 stock units at US$14,548 on the preceding day and April that ended with an average of 121,441 units for US$6,732.
The US Denominated Equities Index advanced 8.34 points to 272.20. 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 10. ICInsider.com compiles the earnings per share and the PE used in this report. The P/E 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 the trading, First Rock Real Estate USD share advanced 0.45 of one cent to 2.99 US cents following trading of 5,789 shares, Margaritaville declined 0.88 of a cent to 4.99 US cents with 1,329 units passing through the market, MPC Caribbean Clean Energy remained at 37.94 US cents after an exchange of 15 stocks. Productive Business Solutions rose 18 cents and ended at US$1.38, with investors swapping 4 shares, Proven Investments ended at 7 US cents in an exchange of 24,268 stock units, Sterling Investments ended at 2 US cents following an exchange of 14,791 shares, Sygnus Credit Investments closed at 5.99 US cents after a transfer of 9,161 stock units, Sygnus Real Estate Finance USD share sank 0.84 of a cent to end at 4.41 US cents after traders dealt in 17,577 stocks and Transjamaican Highway remained at 4.55 US cents with only 44,894 units clearing the market.
In the preference segment, JMMB Group 7.5% ended at US$2.02 in an exchange of 12 stocks, AS Bryden 6% ended at US$1 with 521 shares crossing the market and Productive Business Solutions 9.25% slipped 40.31 cents to close at US$10.50 with investors trading 256 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with an exchange of 773,033 shares valued at US$37,074 after tumbling from an infrequently large trade of 13,435,457 stock units at US$613,032 on Friday.
The market closed with an exchange of 13,435,457 shares for US$613,032, surging from just 347,887 stock units at US$16,393 on Thursday.
The market closed with an exchange of 347,887 shares for US$16,393, well below 1,030,861 stock units at US$36,196 on Wednesday.
The market closed with an exchange of 1,030,861 shares for US$36,196 compared to 869,095 stock units at US$42,552 on Tuesday.
The market closed with an exchange of 869,095 shares for US$42,552, up from 246,534 stock units at US$12,148 on Monday.
The market closed following an exchange of 246,534 shares for US$12,148, down from 588,868 stocks at US$28,215 on Friday.
The market closed with an exchange of 588,868 shares for US$28,215 compared with 86,897 stock units at US$33,792 on Thursday. Trading ended with an average of 73,609 shares at US$3,527 compared with 9,655 stock units for US$3,755 on Thursday and an average of 121,441 units for US$6,732 for April.
The market closed with an exchange of 86,897 shares for US$33,792, down from 757,093 stock units at US$111,640 on Wednesday.