Trading declined sharply on the Jamaica Stock Exchange US dollar market at the close on Thursday, with the volume of stocks dropping 91 percent with a 18 percent lower value than on Wednesday, resulting in exchange of six securities, compared with four on Wednesday with prices of three rising, two declining and one ending unchanged.
The market closed with an exchange of 197,380 shares for US$50,568, down from 2,301,473 stock units at US$61,640 on Wednesday.
Trading ended with an average of 32,897 shares at US$8,428 well below the 575,368 stock units at US$15,410 on Wednesday, with a month to date average of 57,275 units at US$2,786 in line with 58,464 stocks at US$2,511 on the previous day, compared to April with an average of 261,717 units for US$10,686.
The US Denominated Equities Index sank 2.22 points to conclude trading at 244.75. The Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and one with a lower offer.
The PE Ratio, one of the most frequently used measures to determine appropriate stock values, averages 11.6. 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 slipped 0.18 of a cent in closing at 1.8 US cents with an exchange of 38,300 shares, Proven Investments rallied 0.05 of a cent to 11 US cents with 57,314 stock units clearing the market, Sygnus Credit Investments remained at 6.7 US cents after a transfer of 14,279 shares and Transjamaican Highway lost 0.01 of one cent and ended at 2.49 US cents 68,506 stocks changing hands.
In the preference segment, JMMB Group 7.5% preferred share increased 2 cents to finish at US$2 after an exchange of 18,592 units and Productive Business Solutions 9.25% climbed 31 cents to close at US$10.42 with a transfer of 389 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with an exchange of 2,301,473 shares for US$61,640, a steep increase from 206,661 stocks at US$67,749 on Tuesday.
The market closed with an exchange of 206,661 shares for US$67,749, up sharply from 95,221 stocks valued at just US$2,806 on Monday.
The market closed with an exchange of 818,516 shares for US$25,705, shooting up from 154,390 stocks at US$9,049 on Thursday.
The market closed with an exchange of 154,390 shares for US$9,049, sharply lower than the 955,101 stocks at US$24,981 on Wednesday. Trading averaged 22,056 shares at US$1,293, falling from 95,510 stocks at US$2,498 on Wednesday, with a month to date average of 38,461 units at US$1,540 in line with 39,723 stocks at US$1,559 on the previous day in contrast to April that ended with an average of 261,717 stock units for US$10,686 The US Denominated Equities Index rallied 2.23 points to close trading at 246.93. The Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and four with lower offers. The PE Ratio, one of the most frequently used measures to determine appropriate stock values, averages 12. 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 1.98 US cents with investors trading 301 shares,
The market closed with a mere 134,176 shares changing hands at just US$5,186, well below the 329,701 stocks at US$12,304 on Monday.
Trading on Monday averaged 29,973 shares at US$1,119 far below the average of 61,551 stocks at US$2,066 on Friday, with a month to date average of 36,602 units at US$1,619 within the range of 37,859 stocks at US$1,713 on the previous trading day and well below April that ended with an average of 261,717 units for US$10,686.
The market closed with an exchange of 217,386 shares for US$11,618, falling from 264,864 stocks at US$21,126 on Wednesday.