Investors engaged more money into the US Dollar Market of the Jamaica Stock Exchange on Thursday, with trading in shares of Productive Business Solutions accounting for 80 percent of the dollar value of trading while Transjamaica Highway climbed to a new record high, following an 18 percent increase in the volume of stocks traded and a 302 percent jump in value compared to Wednesday. Similar to Wednesday, the market closed with an exchange of eight securities, with prices of three rising, one declining and four ending unchanged.
Investors exchanged 395,609 shares worth US$80,018 after climbing from 334,610 stock units at US$19,892 on Wednesday.
Trading ended with an average of 49,451 shares at US$10,002 compared to 41,826 stock units at US$2,487 on Wednesday. Trading ended with a month to date average of 41,655 units at US$6,127 up a tad from 40,382 stocks at US$5,494 on the previous day and well below June that ended with an average of 625,703 units for US$203,999.
The US Denominated Equities Index lost 6.85 points to finish at 249.30. The 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.
The PE Ratio, one of the most used measures to determine appropriate stock values, averages 12.9. ICInsider.com compiles the earnings per share and the PE used in this report. The PE ratio is derived by dividing the last traded price of a stock by the earnings per share for the financial year ending around August 2026.
At the close of trading, AS Bryden popped 0.07 of a cent to 17 US cents with 696 units passing through the market, Productive Business Solutions shed 20 cents and ended at 60 US cents in trading of 106,469 stocks, Proven Investments gained 0.04 of a cent to end at 6.79 US cents with 43,387 shares crossing the market. Quantas Advantage ended at 13 US cents with investors trading 1,839 stock units, Sterling Investments remained at 2 US cents with 5 shares crossing the exchange, Sygnus Credit Investments ended at 5.89 US cents with investors dealing in 5 stocks and Transjamaican Highway rose 0.18 of a cent and ended at a record 5.4 US cents after an exchange of 243,204 units.
In the preference segment, AS Bryden 6% remained at US$1 with investors swapping 4 stock units.
Closing prices of stocks trading are those of the last transaction.
The market closed with an exchange of 334,610 shares for US$19,892, after tumbling from 435,339 stock units at US$184,279 on Tuesday.
The market closed with an exchange of 435,339 shares for US$184,279, up from 135,178 stock units at US$9,177 on Monday, as Productive Business Solutions gobbled up a little over 250,000 shares, valued at $173,082.
At the close, 535,822 shares were traded for US$27,949, up from just 90,111 stock units at US$4,785 on Wednesday. Trading ended with an average of 76,546 shares at US$3,993, after rising from 18,022 stock units at US$957 on Wednesday, with a month to date average of 52,161 units at US$2,728 compared with June that ended with an average of 625,703 units for US$203,999.
price of one declining and four ending unchanged.
The market closed with an exchange of 101,881 shares worth US$6,258, down from 156,673 stock units at US$8,371 on Monday.
The market closed with an exchange of 156,673 shares for US$8,371 compared to 723,905 stock units at US$40,951 on Friday.
The market closed with an exchange of 723,905 shares for US$40,951, compared to 155,612 stock units at US$7,815 on Thursday.