The Jamaica Stock Exchange US dollar market Index racked up gains on Friday, with the volume of stocks traded soaring 228 percent, with an 81 percent greater value than on Thursday, following an exchange of nine securities, compared with six on Thursday, with prices of five rising, two declining and two ending unchanged.
The market closed with an exchange of 290,134 shares for US$24,809, surging from 88,568 stocks at US$13,671 on Thursday.
Trading averaged 32,237 shares at US$2,757, well above 14,761 stocks at US$2,278 on Thursday, with a month to date average of 44,421 units at US$2,604, close to the 45,400 stocks at US$2,592 on the previous day, but lower than June, with an average of 591,343 units for US$19,218.
The US Denominated Equities Index popped 3.12 points to finish at 208.39. 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 frequently used measures to determine appropriate stock values, averages 10.4. 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 trading, First Rock Real Estate USD share declined 0.19 of a cent to end at 1.61 US cents as investors exchanged a mere 2 shares, Proven Investments popped 0.48 of a cent in closing at 10.98 US cents with traders transferring 1,586 units, Sygnus Credit Investments shed 0.08 of a cent to 7.5 US cents with 93,400 stock units crossing the exchange. Sygnus Real Estate Finance USD share ended at 5 US cents with traders dealing in 790 shares and Transjamaican Highway advanced 0.01 of a cent and ended at 2.46 US cents with 189,032 stock units crossing the market.
In the preference segment, JMMB Group 7.5% remained at US$2 with an exchange of 5,020 shares. JMMB Group US8.5% rose 1 cent to US$1.10 after the trading of 6 units, Productive Business Solutions 9.25% rallied US$1.50 to close at US$10.50 after an exchange of 45 stocks and Sygnus Credit Investments 8% increased 10 cents in closing at US$9.60 with traders trading 253 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 88,568 shares for US$13,671, with a drop from 221,759 stocks to US$20,033 on Wednesday.
The market closed with an exchange of 221,759 shares for US$20,033, up from 181,959 stocks at US$12,055 on Tuesday.
The market closed with an exchange of 181,959 shares worth US$12,055, down from 353,790 stocks at US$13,093 on Monday.
The market closed with an exchange of 353,790 shares for US$13,093, falling precipitously from 2,482,008 stocks at US$72,123 on Friday.
The market closed with an average of 225,637 shares trading at US$6,557 compared to 12,905 stocks at US$1,783 on Thursday, with a month to date average of 52,330 units at US$2,858, above 25,095 stocks at US$2,277 on the previous day and June that ended with an average of 591,343 units for US$19,218.
The market closed with an exchange of 129,045 shares for US$17,826 compared to 75,771 stocks at US$43,620 on Wednesday.
The market closed with an exchange of 90,425 shares for US$17,687, up from 75,504 stocks at US$8,352 on Monday.
Trading averaged 9,043 shares at US$1,769 compared to 10,786 stocks at US$1,193 on Monday, with a month to date average of 30,429 units at US$1,920, down from 35,645 stocks at US$1,957 on the previous day and June that ended with an average of 591,343 units for US$19,218.
The US Denominated Equities Index slipped 1.25 points to end at 203.69. The Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and none with a lower offer.
The PE Ratio, one of the most frequently used measures to determine appropriate stock values, averages 10.1. 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, First Rock Real Estate USD share shed 0.25 of one cent to finish at 1.7 US cents after an exchange of 459 shares, Margaritaville climbed 1.06 cents to 7.99 US cents, with 186 units crossing the market, Productive Business Solutions increased 1 cent to close at US$1.19 with traders dealing in 25 shares. Proven Investments popped 0.15 of one cent and ended at 10.4 US cents after closing with an exchange of 2,730 stocks,
The market closed with an exchange of 75,504 shares for US$8,352, down from 255,956 stocks at US$19,600 on Friday.