The Jamaica Stock Exchange US dollar market closed on Thursday, with the volume of stocks traded declining a hefty 97 percent with a 98 percent lower value than on Wednesday, resulting from an exchange of 10 securities, compared with six on Wednesday, with prices of three stocks rising and seven ending unchanged.
The market closed with an exchange of a mere 15,655 shares for US$569, compared to 514,653 stock units at US$26,484 on Wednesday.
Trading averaged 1,566 shares at US$57, down sharply from 85,776 stocks at US$4,414 on Wednesday, with a month to date average of 24,742 units at US$1,655, well below 33,020 stocks at US$2,225 on the previous day and October that ended with an average of 35,022 units for US$2,855.
The US Denominated Equities Index advanced 4.61 points to finish at 191.63. The Investor’s Choice bid-offer indicator shows no stock ending with the bid higher than the last selling price and one with a lower offer.
The PE Ratio, one of the most frequently used measures to determine appropriate stock values, averages 9.4. The PE ratio is computed by using the last traded price divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2026.
At the close of trading, First Rock Real Estate USD share remained at 3.2 US cents with a transfer of 86 shares, Margaritaville rose 1 cent to 8 US cents, with 222 units changing hands, MPC Caribbean Clean Energy ended at 52 US cents after trading of just 2 shares. Productive Business Solutions ended at 74 US cents, with a mere 5 stocks crossing the market, Proven Investments climbed 0.18 of a cent to end at 10.18 US cents, with investors trading 202 stock units, Sterling Investments remained at 2 US cents with an exchange of 7 shares. Sygnus Credit Investments ended at 7.7 US cents, with 386 units being traded, Sygnus Real Estate Finance USD share remained at 6.39 US cents with investors dealing in 2,806 stocks and Transjamaican Highway increased 0.17 of a cent to end at 2.59 US cents in an exchange of 11,934 stock units.
In the preference segment, AS Bryden ended at US$1 trading 5 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with an exchange of 177,061 shares for US$10,906 compared to 232,839 stocks at US$24,914 on Monday.
The market closed with an exchange of 511,073 shares for US$25,145, jumping from 299,306 stocks at US$9,514 on Wednesday.
The market closed with an exchange of 1,323,683 shares for US$100,037 rising from 1,046,928 stocks at US$52,952 on Monday.
Trading ended with a 67 percent decline in the volume of stocks traded, accompanied by a 48 percent drop in value compared to Friday.
The market closed with an exchange of 354,683 shares for US$28,017, rising from 61,580 stocks at US$21,533 on Monday.
The market closed with trading of 784,420 shares for $4,363,367 compared to 763,590 stock units at $5,982,305 on Friday. An average of 34,105 shares were traded at $189,712 compared with 30,544 units at $239,292 on Friday, with trading month to date averaging 17,563 shares at $151,561, up from 14,040 units at $143,436 on the previous day, compared with an average for July of 11,986 shares at $187,557. The Composite Index increased 4.02 points to 1,009.43, the All T&T Index climbed 6.57 points to wrap up trading at 1,458.87, the SME Index dipped 1.39 points to close at 96.43 and the Cross-Listed Index popped 0.18 points to close at 74.00. Investor’s Choice bid-offer indicator shows eight stocks ending with bids higher than their last selling prices and two with lower offers. At the close, Angostura Holdings gained 29 cents to end at $14.49 with trading of 191 shares, Ansa McAl ended at $37.50, in an exchange of 2,584 stocks, Calypso Macro Investment Fund remained at $23.40 with investors trading 628 units. CIBC Caribbean Bank ended at $9 in switching ownership of 1,988 shares,
Eric Solis Marketing declined 5 cents and ended at $4 as investors exchanged 50 stocks, First Citizens Group popped 20 cents to close at $41.95 after 7,662 shares passed through the market, GraceKennedy fell 2 cents to $3.58 with an exchange of 623 stock units, Guardian Holdings gained $1.47 to end at $16.97 and closed with an exchange of 158 stock units, Guardian Media slipped 9 cents in closing at a 52 week low of 66 cents in trading of 1,271 units. JMMB Group remained at $1.07 with 5,000 shares crossing the market, L.J. Williams B share slipped 5 cents to $1.20 with investors swapping 950 units, Massy Holdings dipped 3 cents to finish at $3.91, with 447,182 stocks clearing the market. Medcorp ended at $50 with investors dealing in 251 stock units, National Enterprises lost 15 cents to end at a 52 week low of $2 in an exchange of 30,000 shares, National Flour Mills remained at $1.64 with traders dealing in 291 stocks. Point Lisas declined 8 cents to finish at $4, with 24,343 units passing throughthe exchange,
Prestige Holdings ended at $13 in trading 5,028 stock units, Republic Financial shed 90 cents to close at $111 after a transfer of 9,373 shares. Scotiabank remained at $50.24, with 73 stocks crossing the market, Trinidad & Tobago NGL dropped 5 cents to close at a 52 week low of $3.60 after an exchange of 220,736 stock units, Trinidad Cement skidded 3 cents to end at a 52 week low of $2, with 9,078 stock units changing hands. Unilever Caribbean sank 48 cents in closing at $13.52 after an exchange of 54 shares and West Indian Tobacco slipped 17 cents to finish at 52 week low of $4.51 with a transfer of 16,906 stock units. Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with an exchange of 157,947 shares for US$7,208, after skidding from 206,542 stocks at US$34,989 on Monday.
The market closed with an exchange of 66,736 shares for US$8,755, falling sharply from 161,665 stocks at US$29,714 on Tuesday.