Transjamaican Highway took up 96 percent of all stocks traded on the US Dollar Market of the Jamaica Stock Exchange on Thursday, with the volume of stocks traded jumping by 47 percent with a 43 percent more value than on Wednesday. Similar to Wednesday, trading ended in an exchange of five securities, with prices of one rising, one declining and three ending unchanged.
The market closed with an exchange of 155,612 shares for US$7,815, an increase from 105,531 stock units at US$5,448 on Wednesday.
Trading ended with an average of 31,122 shares at US$1,563, up from 21,106 stock units at US$1,090 on Wednesday. Trading for the month to date averages 688,413 units at US$226,420, a decrease from 713,889 stock units at US$235,136 on the previous day, but higher than May, which ended with an average of 180,903 units for US$8,607.
The US Denominated Equities Index popped 0.93 points to close at 233.68. 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 used measures to determine appropriate stock values, averages 7.4. 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, Proven Investments climbed 0.53 of a cent and ended at 6.9 US cents, with trading of 1,000 shares, Sterling Investments remained at 2 US cents with 783 stocks crossing the market, Sygnus Credit Investments slipped 0.02 of a cent to 5.98 US cents, resulting in investors trading 4,091 units. Sygnus Real Estate Finance USD share ended at 4.94 US cents with a transfer of 1,000 shares and Transjamaican Highway remained at 5 US cents with 148,738 stock units crossing the exchange.
Closing prices of stocks are those of the last transaction unless otherwise stated.
The market closed with an exchange of 105,531 shares for US$5,448 after tumbling from 472,335 stock units at US$28,952 on Tuesday.
Trading ended with an average of 78,723 shares at US$4,825 after rising from 29,590 stock units at US$1,488 on Monday, well below the month to date average of 741,824 units at US$244,573 after slipping from 775,541 stock units at US$256,764 on the previous day and May that ended with an average of 180,903 units for US$8,607.
Proven Investments rose 0.58 of a cent to 6.94 US cents with an exchange of 35,065 stock units, Sygnus Credit Investments gained 0.5 of a cent to end at 6 US cents with 57,040 shares changing hands and Transjamaican Highway ended at 5 US cents as investors exchanged 379,041 stocks.
The market closed with an exchange of 236,718 shares worth US$11,905, after an increase from 215,394 stocks at US$21,614 on Friday.
The market closed with an exchange of 215,394 shares for US$21,614 after nosediving from 922,462 stock units at US$57,771 on Thursday.
The market closed with an exchange of 922,462 shares for US$57,771, up from a mere 16,748 stock units at a minuscule US$664 on Wednesday.
The market closed with an exchange of a mere 16,748 shares for just US$664 after plunging from 5,859,990 stock units at US$2,002,197 on Tuesday.
The market closed with an exchange of 5,859,990 shares for US$2,002,197 compared to 4,137,658 stock units at US$1,379,370 on Monday.
Productive Business Solutions contributed $1.37 million, resulting in an exchange of nine securities, compared with nine on Friday, with prices of three rising, two declining and four ending unchanged.
The market closed with an exchange of 257,807 shares for US$12,350 compared to 2,598,880 stock units at US$847,483 on Thursday.