The US Dollar Market of the Jamaica Stock Exchange dipped on Thursday, with the volume of stocks traded rising 43 percent and the value growing a solid 140 percent on Wednesday. Trading activity followed an exchange of 10 securities, as was the case on Wednesday, with prices of four rising, three declining and three ending unchanged.
The market closed with an exchange of 625,206 shares for US$77,360, after an increase from 435,942 units at US$32,193 on Wednesday.
Trading ended with an average of 62,521 shares at US$7,736, jumping from 43,594 stock units at US$3,219 on Wednesday, with a month to date average of 93,880 units at US$6,776 compared with 95,852 stock units at US$6,716 on the previous day and January that ended with an average of 80,722 units for US$9,110.
The US Denominated Equities Index dropped 1.64 points to 282.87. The Investor’s Choice bid-offer indicator shows one stock ending with the bid higher than the last selling price and three with lower offers.
The PE Ratio, one of the most used measures to determine appropriate stock values, averages 10.5. The PE ratio is derived by dividing the last traded price by earnings per share. ICInsider.com compiles the earnings per share used in this report for companies with their financial year ending around August 2026.
At the close of the market, Margaritaville ended at 8.1 US cents with 391 shares clearing the market, Productive Business Solutions sank 6.46 cents to US$1 with traders dealing in 106 stock units, Proven Investments gained 0.09 of one cent to end at 8.1 US cents with 50,518 shares crossing the exchange. Sterling Investments shed 0.12 of a cent in closing at 2.2 US cents after a transfer of 160 units, Sygnus Credit Investments remained at 6 US cents after investors exchanged 85,729 stocks and Transjamaican Highway rose 0.02 of one cent to finish at 4.78 US cents after traders swapped 483,193 shares.
In the preference segment, JMMB Group US8.5% climbed 0.99 of one cent and ended at US$1.21 after an exchange of 717 stocks, AS Bryden 6% remained at US$1 after trading of just two shares, Productive Business Solutions 9.25% lost 20 cents in closing at US$10.80 in switching ownership of 40 stock units and Sygnus Credit Investments 8% increased 8 cents to close at US$10.10 with 4,350 shares changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with a 28 percent decline in shares traded to 435,942 units, from 608,576 shares on Tuesday for US$32,193, just 5 percent more than US$30,667 on Tuesday. Trading ended with an average of 43,594 shares at US$3,219, down from 67,620 stock units at US$3,407 on Tuesday, with a month to date average of 95,852 units at US$6,716 compared with 99,360 stock units at US$6,950 on the previous day and January that ended with an average of 80,722 units for US$9,110.
The market closed with an exchange of 608,576 shares for US$30,667, after falling from 1,393,066 stock units at US$65,908 on Monday.
Trading ended with an exchange of 858,377 shares for US$45,278, after tumbling from 3,562,272 stock units at US$167,176 on Thursday.
The market closed with an exchange of 3,562,272 shares worth US$167,176, up sharply from 500,438 units at US$23,300 on Tuesday.
The market closed with an exchange of only 188,429 shares for US$15,799 after dropping from 765,285 stock units at US$51,760 on Friday.
The market closed with an exchange of 765,285 shares for US$51,760 compared to 668,102 stock units at US$40,675 on Thursday.
The market closed with an exchange of 668,102 shares for US$40,675 down from 702,385 units with a value of US$64,328 on Wednesday.