Trading on the Jamaica Stock Exchange US dollar market climbed 22 percent on Tuesday, with 66 percent more value, following an exchange of seven securities, compared with nine, with prices of three rising, one declining and three ending unchanged.
The market closed with an exchange of 221,759 shares for US$20,033, up from 181,959 stocks at US$12,055 on Tuesday.
Trading averaged 31,680 shares at US$2,862 compared to 20,218 stocks at US$1,339 on Tuesday, with a month to date average of 47,134 units at US$2,610, in line with 48,227 stocks at US$2,592 on the previous day and well below trading in June that ended with an average of 591,343 units for US$19,218.
The US Denominated Equities Index gained 1.03 points to close trading at 207.85. The Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and none with a lower offer.
The PE Ratio, one of the most frequently used measures to determine appropriate stock values, averages 10.4. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2025.
At the close of a moderate day of trading, MPC Caribbean Clean Energy popped 4 cents and ended at 43 US cents with 166 shares crossing the market, Proven Investments remained at 10.99 US cents, with investors dealing in 127,510 units, Sterling Investments ended at 2.1 US cents in an exchange of 500 shares. Sygnus Credit Investments rallied 0.46 of one cent to end at 7.58 US cents in trading of 249 stocks and Transjamaican Highway increased 0.08 of a cent to finish at 2.46 US cents with 91,911 stock units crossing the exchange.
In the preference segment, JMMB Group 7.5% skidded 2 cents to close at US$2 with investors trading 1,229 shares and Sygnus Credit Investments 8% ended at US$9.50 as traders closed with an exchange of 194 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with an average of 225,637 shares trading at US$6,557 compared to 12,905 stocks at US$1,783 on Thursday, with a month to date average of 52,330 units at US$2,858, above 25,095 stocks at US$2,277 on the previous day and June that ended with an average of 591,343 units for US$19,218.
The market closed with an exchange of 129,045 shares for US$17,826 compared to 75,771 stocks at US$43,620 on Wednesday.
The market closed with trading of 525,864 shares valued US$12,652 compared with 106,960 stocks at US$15,796 on Wednesday.
The market closed with an exchange of 106,960 shares for US$15,796 compared to 497,159 stocks at US$23,827 on Tuesday.
The market closed June with an exchange of 5,779,467 shares for US$171,261 compared to 3,634,466 stocks at US$308,861 on Friday.
The market closed with an exchange of 272,089 shares for US$14,705, an increase from the 248,681 stocks at US$11,647 on Monday.
The market closed on Monday with an exchange of 248,681 shares for US$11,647, up from 197,380 stocks at US$50,568 on Thursday.