The Jamaica Stock Exchange US Dollar market rallied 3.7 percent at the close of trading on Wednesday with the market putting on 11.8 percent since the close of the first day of May and reduced the year to date loss to just 1.7 percent versus 12.5 percent on the first day of the month, after trading in seven securities the same as on Tuesday and ended with prices of three rising, three declining and one ending unchanged.
The market closed with an exchange of 264,864 shares for US$21,126, just short of 289,631 stocks at US$8,296 on Tuesday.
Trading averaged 37,838 shares at US$3,018 compared to 41,376 stocks at US$1,185 on Tuesday, with a month to date average of 38,313 units at US$1,794, closely aligned with 38,408 stocks at US$1,550 on the previous day and compared with April that ended with an average of 261,717 units for US$10,686.
The US Denominated Equities Index advanced 8.83 points to close at 247.58. 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 11.9. The PE ratio is calculated based on last traded prices divided by projected earnings that ICInsider.com computes for companies with the financial year ending around August 2025.
At the close of the market, First Rock Real Estate USD share skidded 0.19 of a cent in closing at 1.8 US cents with investors dealing in 11,441 shares,
Margaritaville climbed 0.13 of a cent to 8 US cents with traders transferring 121 stocks through the market, Productive Business Solutions rose 18.6 cents and ended at US$1.426 with investors swapping 13 shares. Sterling Investments remained at 2 US cents after a transfer of 15,781 stock units, Sygnus Credit Investments slipped 1 cent to close at 6 US cents as investors exchanged 129,679 units and Transjamaican Highway gained 0.08 of one cent to finish at 2.48 US cents with 102,779 shares crossing the market.
In the preference segment, JMMB Group 7.5% preferred share slipped 3 cents and ended at US$1.97 with a transfer of 5,050 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market ended with the volume of stocks traded declining by 6 percent, with a 14 percent lower value than on Monday, following an exchange of 289,631 shares for US$8,296, down from 309,324 stocks at US$9,698 on Monday.
Productive Business Solutions popped 1.6 cents to US$1.24 with investors swapping 404 stocks, Proven Investments ended at 10.99 US cents in an exchange of 845 units. Sterling Investments sank 0.14 of one cent to end at 2 US cents with 2,095 shares passing through the market and Transjamaican Highway dipped 0.02 of a cent and ended at 2.4 US cents with a transfer of 286,212 stock units.
Sterling Investments advanced 0.38 of a cent and ended at 2.14 US cents with traders dealing in 5,968 units, Sygnus Credit Investments remained at 7 US cents after a transfer of 26,694 stocks. Sygnus Real Estate Finance USD share dropped 0.19 of one cent and ended at 8.01 US cents with 668 units crossing the market and Transjamaican Highway slipped 0.11 of one cent to 2.42 US cents after 248,237 shares were traded.
The market closed with an exchange of 99,850 shares for US$12,828 compared to 645,488 stocks at US$23,415 on Thursday.
Sygnus Credit Investments ended at 7 US cents after 36,905 stock units crossed the market. Sygnus Real Estate Finance USD share dipped 0.65 of a cent to end at 8.2 US cents in an exchange of 393 stocks and Transjamaican Highway rallied 0.07 of a cent to close at 2.53 US cents following trading of 47,348 units.
The market closed with an exchange of 645,488 shares for US$23,415, down from 6,757,426 stock units at US$185,982 on Wednesday.
Sterling Investments sank 0.4 of a cent and ended at 2 US cents as investors exchanged 34,543 shares and Transjamaican Highway lost 0.54 of one cent to end at 2.46 US cents with a transfer of 512,281 stocks.
The market closed with an exchange of 6,757,426 shares for US$186,982, up from 218,515 stock units at US$14,425 on Tuesday.
Productive Business Solutions slipped 1 cent to finish at US$1.44 with trading of 2,165 shares. Proven Investments remained at 11 US cents after an exchange of 141,810 stocks, Sterling Investments popped 0.44 of one cent to close at a 52 weeks’ high of 2.4 US cents with a transfer of 156,441 units and Transjamaican Highway advanced 0.72 of one cent in closing at 3 US cents with investors dealing in 6,434,630 stocks.
The market closed with an exchange of 1,023,379 shares for US$89,468, up from 433,666 stock units at US$22,834 on Friday.
Sygnus Real Estate Finance USD share remained at 8.85 US cents with investors swapping 307 units and Transjamaican Highway dropped 0.28 of a cent to end at 2.28 US cents after an exchange of 648,515 stock units.
The market closed with an exchange of 433,666 shares for US$22,834, down from 870,827 stocks at US$59,277 on Thursday.
Proven Investments rose 0.44 of one cent to close at 11 US cents in trading 111,964 stocks, Sterling Investments ended at 1.96 US cents with a transfer of 2,540 shares. Sygnus Credit Investments remained at 8.8 US cents with investors swapping 28,186 stock units and Transjamaican Highway climbed just 0.18 of a cent to 2.56 US cents after an exchange of 286,032 units.
The market closed with an exchange of 870,827 shares for US$59,277 compared to 3,246,465 stocks at US$123,728 on Wednesday.
Sygnus Credit Investments increased 1.85 cents and ended at 8.8 US cents with 5,392 units crossing the market, Sygnus Real Estate Finance USD share declined 0.15 of one cent to end at 8.85 US cents after an exchange of 30 stocks and Transjamaican Highway shed 0.02 of one cent to close at 2.38 US cents with a transfer of 516,154 shares.
Proven Investments increased by 1 cent to 11 US cents with 394,786 shares crossing the market. Sterling Investments popped 0.01 of a cent to finish at 1.96 US cents after a transfer of 500 stock units, Sygnus Credit Investments slipped 0.05 of one cent and ended at 6.95 US cents with investors trading 2,623 units and Transjamaican Highway fell 0.05 of a cent to close at 2.4 US cents with 2,841,330 shares crossing the exchange.