Investors pushed 270 percent more funds into the US dollar market on Monday to buy 240 percent shares than they did on Friday, with the Jamaica Stock Exchange US dollar market closing, with an exchange of nine securities, compared to just five on Friday, with prices of two rising, four declining and three ending unchanged.
The market closed with an exchange of 219,406 shares for US$8,853, jumping from 64,440 stocks at US$2,396 on Friday.
Trading averaged 24,378 shares at US$984 compared to 12,888 stocks at US$479 on Friday, with a month to date average of 17,032 units at US$2,591, increasing slightly from 14,966 stocks at US$3,043 on the previous day and July that ended with an average of 71,904 units for US$3,475.
The US Denominated Equities Index gained 0.01 points to settle at 205.95. The Investor’s Choice bid-offer indicator shows none 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 10.3. 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 ended at 1.95 US cents in trading 5,999 shares, Productive Business Solutions remained at US$1.18 after closing with an exchange of 666 stock units, Proven Investments skidded 0.27 of one cent and ended at 10.5 US cents with trading of 6,941 shares and Transjamaican Highway gained 0.01 of a cent to finish at 2.4 US cents with investors swapping 204,557 units.
In the preference segment, JMMB Group 7.5% slipped 0.5 of a cent in closing at US$2.01 as 119 stocks crossed the exchange, JMMB Group US8.5% dipped 9 cents to close at US$1.01 with investors dealing in 1,000 units. AS Bryden fell 2.99 cents to 97 US cents, with 14 stocks crossing the market, Productive Business Solutions 9.25% popped US$1.35 to close at US$10.50 with traders switching ownership of 2 shares and Sygnus Credit Investments 8% ended at US$9.50 as 108 stock units passed through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with an exchange of 64,440 shares for US$2,396 in contrast to 49,993 stocks at US$52,790 on Thursday.
The market closed with an exchange of 49,993 shares for US$52,790, falling from 157,947 ended with an average of 5,555 shares at US$5,866, compared to 17,550 stocks at US$801 on Tuesday, with a month to date average of 15,351 stock units at US$3,518, compared with 20,249 stocks at US$2,344 on the previous day and July with an average of 71,904 units for US$3,475.
The market closed with an exchange of 157,947 shares for US$7,208, after skidding from 206,542 stocks at US$34,989 on Monday.
The market closed with an exchange of 206,542 shares for US$34,989, dropping sharply from 4,999,088 stocks at US$155,356 on Thursday.
The market closed with an exchange of 4,999,088 shares for US$155,356, up sharply from 66,736 stocks at US$8,755 on Wednesday.
The market closed with an exchange of 66,736 shares for US$8,755, falling sharply from 161,665 stocks at US$29,714 on Tuesday.
The market closed with an exchange of 1,153,803 shares for US$29,575, falling sharply from 200,040 stocks at US$20,497 on Friday.
The market closed with an exchange of 200,040 shares for US$20,497, from 436,513 stocks at US$20,849 on Thursday.
The market closed with an exchange of 436,513 shares for US$20,848.80, well above 226,841 stocks at US$30,271 on Wednesday.