Trading activity lost momentum on the US Dollar Market of the Jamaica Stock Exchange on Tuesday, with a 42 percent fall in the volume of stocks traded and a 52 percent drop in value from Monday, resulting in an exchange of seven securities, compared with 11 on Monday, with prices of three rising, one declining and three ending unchanged.
The market closed with an exchange of 801,096 shares worth US$51,913, down from 1,387,653 stocks at US$107,528 on Monday.
Trading ended with an average of 114,442 shares at US$7,416, in moving down from 126,150 units at US$9,775 on Monday. Trading for the month to date averages 97,621 units at US$8,294 within the range of 96,354 stock units at US$8,360 on the previous day, but lower than August that ended with an average of 115,072 units at US$12,480.
The US Denominated Equities Index increased 0.01 points to finish at 301.05. The Investor’s Choice bid-offer indicator shows four 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 16. 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, MPC Caribbean Clean Energy ended at 22.99 US cents with 236 stock units crossing the market, Productive Business Solutions remained at 85 US cents after an exchange of 57 shares, Proven Investments ended at 6 US cents with a transfer of 12,946 shares. Quantas Advantage rallied 1.95 cents and ended at 13 US cents after an exchange of 1,543 stocks, Sterling Investments ended at 2.2 US cents with investors trading 15,007 units, Sygnus Credit Investments rose 0.64 of one cent in closing at 6 US cents in an exchange of 299,590 stocks and Transjamaican Highway shed 0.5 of a cent to 6.74 US cents with investors trading 471,717 shares.
Prices of securities trading are those of the last transaction
The market closed with an exchange of 1,387,653 shares for US$107,528 after surging from 337,799 stock units at US$51,834 on Friday.
The market closed with an exchange of 337,799 shares for US$51,834, down from 1,237,260 stock units at US$93,191 on Thursday.
The market closed with an exchange of 1,237,260 shares valued at US$93,191 after sliding from 1,277,677 stock units at US$117,937 on Wednesday.
Quantas Advantage remained at 13 US cents with 1,828 stocks crossing the market, Sterling Investments ended at 2.2 US cents after exchanging 150 units. Sygnus Credit Investments gained 0.19 of a cent to close at 5.89 US cents in trading juts one share and Transjamaican Highway dropped by 0.23 of one cent and ended at 7.35 US cents with 1,142,244 stock units crossing the market.
The market closed with an exchange of 1,277,677 shares for US$117,937 after climbing from 438,783 stock units at US$73,278 on Tuesday.
The market closed with an exchange of 1,084,551 shares for US$79,042 after increasing from 522,273 stocks at US$51,007 on Thursday. Trading ended with an average of 98,596 shares at US$7,186 after rising from 65,284 units at US$6,376 on Thursday, with a month to date average of 72,418 units at US$5,859, compared to 62,819 stocks at US$5,372 on the previous day and August that ended with an average of 115,072 units for US$12,480.
The market closed with an exchange of 522,273 shares for US$51,007 after it dropped from 845,195 stock units at US$62,437 on Wednesday.
Trading ended following an exchange of 1,186,972 shares worth US$82,527 compared to 1,152,520 stock units at US$117,982 on Friday.