The US Dollar Market of the Jamaica Stock Exchange dipped on Thursday, with the volume of stocks traded rising 43 percent and the value growing a solid 140 percent on Wednesday. Trading activity followed an exchange of 10 securities, as was the case on Wednesday, with prices of four rising, three declining and three ending unchanged.
The market closed with an exchange of 625,206 shares for US$77,360, after an increase from 435,942 units at US$32,193 on Wednesday.
Trading ended with an average of 62,521 shares at US$7,736, jumping from 43,594 stock units at US$3,219 on Wednesday, with a month to date average of 93,880 units at US$6,776 compared with 95,852 stock units at US$6,716 on the previous day and January that ended with an average of 80,722 units for US$9,110.
The US Denominated Equities Index dropped 1.64 points to 282.87. The Investor’s Choice bid-offer indicator shows one stock ending with the bid higher than the last selling price and three with lower offers.
The PE Ratio, one of the most used measures to determine appropriate stock values, averages 10.5. The PE ratio is derived by dividing the last traded price by earnings per share. ICInsider.com compiles the earnings per share used in this report for companies with their financial year ending around August 2026.
At the close of the market, Margaritaville ended at 8.1 US cents with 391 shares clearing the market, Productive Business Solutions sank 6.46 cents to US$1 with traders dealing in 106 stock units, Proven Investments gained 0.09 of one cent to end at 8.1 US cents with 50,518 shares crossing the exchange. Sterling Investments shed 0.12 of a cent in closing at 2.2 US cents after a transfer of 160 units, Sygnus Credit Investments remained at 6 US cents after investors exchanged 85,729 stocks and Transjamaican Highway rose 0.02 of one cent to finish at 4.78 US cents after traders swapped 483,193 shares.
In the preference segment, JMMB Group US8.5% climbed 0.99 of one cent and ended at US$1.21 after an exchange of 717 stocks, AS Bryden 6% remained at US$1 after trading of just two shares, Productive Business Solutions 9.25% lost 20 cents in closing at US$10.80 in switching ownership of 40 stock units and Sygnus Credit Investments 8% increased 8 cents to close at US$10.10 with 4,350 shares changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with a 28 percent decline in shares traded to 435,942 units, from 608,576 shares on Tuesday for US$32,193, just 5 percent more than US$30,667 on Tuesday. Trading ended with an average of 43,594 shares at US$3,219, down from 67,620 stock units at US$3,407 on Tuesday, with a month to date average of 95,852 units at US$6,716 compared with 99,360 stock units at US$6,950 on the previous day and January that ended with an average of 80,722 units for US$9,110.
The market closed with an exchange of only 188,429 shares for US$15,799 after dropping from 765,285 stock units at US$51,760 on Friday.
The market closed with 11,655,439 shares trading worth $101,650,621 after sliding from 15,264,024 stock units at $150,066,974 on Tuesday. Trading averaged 197,550 shares at $1,722,892, after declining from 242,286 stock units at $2,382,015 on Tuesday and month to date, an average of 228,163 stock units at $1,841,376 compared to 232,383 shares at $1,857,709 on Tuesday and January with an average of 271,336 stock units at $2,043,022. Transjamaican Highway led trading with 5.49 million shares for 47.1 percent of total volume, followed by Tropical Battery, ended with 1.26 million units for 10.9 percent of the day’s trade and Jamaica Producers, with 873,884 stocks for 7.5 percent of the volume traded.
The Main Market ended trading with an average PE Ratio of 17.7. The JSE Main and the USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2026.
Proven Investments shed 74 cents to finish at $13.10 trading 24,712 units, Scotia Group dropped $1.15 to end at $50.10 with a transfer of 98,843 stocks. Seprod dropped $2.14 to close at $78.86 with 5,431 stock units crossing the exchange and Stanley Motta advanced 47 cents to close at $6.50 in trading 199 shares.
The market ended with an exchange of 321,131 shares for US$14,336 after the volume fell from 563,158 stock units at US$24,398 on Thursday.
The market closed following an exchange of 2,237,272 shares for US$79,651, compared to 645,573 stocks, averaging US$308,181 on Tuesday.
The market closed with an exchange of 645,573 shares for US$308,181 compared to 1,043,254 stock units at US$46,472 on Monday.