The Jamaica Stock Exchange US dollar market closed on Thursday, with a 25 percent rise in the volume of stocks traded at a 5 percent greater value than on Wednesday, resulting in exchange of just four securities, compared to five on Wednesday, with prices of one rising, three declining.
The market closed with an exchange of 373,225 shares for US$39,451 compared to 299,517 units at US$37,566 on Wednesday. Trading averaged 93,306 shares at US$9,863 compared to 59,903 shares at US$7,513 on Wednesday, with a month to date average of 539,128 shares at US$13,912 compared with 556,611 units at US$14,071 on the previous day and September that ended with an average of 161,382 units for US$5,462.
The US Denominated Equities Index increased 2.71 points to end at 225.59. The PE Ratio, one of the best known measures used to determine appropriate stock values, averages 6.8. 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.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and none with a lower offer.
At the close of the market, Proven Investments gained 0.35 of one cent to end at 11 US cents crossing the market 345,063 stock units, Sygnus Credit Investments dropped 0.5 of one cent in closing at 6.8 US cents with investors trading 27,760 shares and Transjamaican Highway sank 0.05 of a cent to 2.09 US cents after a transfer of 400 units.
In the preference segment, JMMB Group 5.75% declined 0.01 of one cent and ended at US$1.9799 after two stocks 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 299,517 shares for US$37,566 compared to 494,867 units at US$29,853 on Tuesday.
The market closed with an exchange of 494,867 shares for US$29,853 compared to 494,005 units at US$35,761 on Friday.
Sygnus Credit Investments remained at 7.3 US cents with 320,562 units changing hands and Transjamaican Highway skidded 0.1 of one cent in closing at 2.05 US cents with investors swapping 154,501 stocks.
The US Denominated Equities Index rallied 1.41 points to end at 225.68. The Investor’s Choice bid-offer indicator shows no stock ending with a bid higher than the last selling price and one with a lower offer.
Sygnus Credit Investments popped 0.01 of a cent to end at 7.3 US cents with investors swapping 6,782 stock units, Sygnus Real Estate Finance USD share remained at 5.5 US cents with 1,000 shares crossing the market and Transjamaican Highway rallied 0.04 of one cent to close at 2.15 US cents with traders dealing in 176,730 stocks.
The market closed with an exchange of 51,055,916 shares valued US$1,092,742 compared to 231,331 units at US$18,240 on Wednesday.
Sygnus Credit Investments gained 0.29 of one cent to close at 7.29 US cents in switching ownership of 300 stocks, Sygnus Real Estate Finance USD share ended at 5.5 US cents after an exchange of 1,700 shares and Transjamaican Highway rose 0.1 of a cent and ended at 2.11 US cents after 51,043,647 stock units passed through the market.
The market closed with an exchange of 459,083 shares for US$13,033 up sharply from 121,661 units at US$8,414 on Monday.
Sterling Investments lost 0.01 of one cent after closing at 1.49 US cents with traders dealing in 27,613 units, Sygnus Credit Investments declined 0.28 of a cent to end at 7 US cents in an exchange of 9,026 stocks and Transjamaican Highway ended at 2.05 US cents trading 399,754 units.
The market closed with an exchange of 514,418 shares for US$11,601 compared to 123,275 units at US$3,408 on Tuesday.
At the close, AS Bryden ended at 22.49 US cents, after 2,019 shares passed through the market, Proven Investments remained at 12 US cents with investors dealing in 1,000 units, Sterling Investments increased 0.19 of a cent to end at 1.77 US cents after a transfer of 25,550 stocks and Transjamaican Highway declined 0.03 of a cent to finish at 2.02 US cents with investors swapping 485,461 stock units.
MPC Caribbean Clean Energy declined 0.15 of a cent to 70 US cents with a transfer of 151 stocks, Proven Investments remained at 12 US cents after an exchange of 7,654 units. Sterling Investments gained 0.05 of a cent to end at 1.58 US cents with investors swapping 14,193 stock units, Sygnus Credit Investments ended at 7.5 US cents after an exchange of 982 shares and Transjamaican Highway popped 0.05 of a cent and ended at 2.05 US cents with investors trading 100,000 stock units.