The Jamaica Stock Exchange US Dollar Market closed on Friday with a 22 percent decline in stocks traded, with a 64 percent jump in value compared with Thursday, following an exchange of 14 securities, compared with 10 on Thursday, with prices of three rising, three declining and eight ending unchanged.
Investors exchanged 161,911 shares for US$33,763 compared to 208,910 stock units at US$20,601 on Thursday.
Trading concluded with an average of 11,565 shares with a value of US$2,412 compared to 20,891 stocks at US$2,060 on Thursday. Trading for the month to date ended with an average of 41,592 units at US$5,112, down from 50,350 shares at US$5,899 on the preceding day and an average of 599,023 units for US$38,839 in October.
The US Denominated Equities Index popped 0.35 points to finish at 298.41. 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.
The PE Ratio, one of the most commonly used measures to determine appropriate stock values, averages 20. ICInsider.com compiles the earnings per share and the PE used in this report. The PE ratio is derived by dividing the last traded stock price by the earnings per share for financial years ending around August 2027.
At the close, AS Bryden remained at 15.75 US cents, with 62 shares changing hands, First Rock Real Estate USD share ended at 2 US cents after an exchange of 3,300 shares, Margaritaville popped 0.9 of one cent in closing at 8.9 US cents, with investors trading 300 stocks. MPC Caribbean Clean Energy fell 3.7 cents to finish at 19.3 US cents with 25 units crossing the exchange, Productive Business Solutions ended at 95 US cents in trading 5 stocks, Proven Investments gained 0.43 of one cent to finish at 6.92 US cents, with 2,220 units clearing the market. Quantas Advantage dipped 0.4 of one cent and ended at 14.6 US cents following an exchange of 13,526 shares, Sterling Investments ended at 2.31 US cents, with 400 stock units crossing the market, Sygnus Credit Investments rose 0.28 of a cent to end at 7.78 US cents with a transfer of 375 shares and Transjamaican Highway declined by 0.01 of a cent to close at 6.6 US cents as investors exchanged 126,338 stocks.
In the preference segment, JMMB Group 7.5% remained at US$2 after it closed with an exchange of 4,430 units, JMMB Group US8.5% ended at US$1.10 in switching ownership of 10,684 stock units. Sygnus Credit Investments 8% closed at US$9.91 after an exchange of 100 shares and Sygnus Credit Investments E8.5% remained at US$10, with investors dealing in 146 stocks.
Prices of securities trading are those for the last transaction.
The market closed with an exchange of 563,601 shares for US$138,376 compared to 1,105,110 stock units at US$73,758 on Tuesday.
The market closed with an exchange of 123,887 shares for US$7,308, a big decline from 403,181 stock units at US$25,918 on Thursday.
At the close, trading ended with an exchange of 681,520 shares for US$106,010, up from 520,462 stock units at US$43,778 on Thursday.
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 1,084,551 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.