The US Dollar Market of the Jamaica Stock Exchange closed at a record high on Friday, closing August with gains of 40.7 percent, year to date, following a 22 percent increase in the number of shares changing hands, with a 29 percent lower value than on Thursday. The market closed with an exchange of 10 securities, down from 13 on Thursday and resulted in prices of five stocks rising, three declining and two ending unchanged.
The market closed with an exchange of 1,282,333 shares value at US$85,862, from 1,055,001 stock units at US$121,704 on Thursday.
Trading ended with an average of 128,233 shares at US$8,586 compared to 81,154 stock units at US$9,362 on Thursday, with a month to date average of 132,012 units at US$49,788 just slipping from 132,214 stock units at US$51,991 on the previous day and well lower than June with an average of 625,703 units for US$203,999.
The US Denominated Equities Index gained 3.35 points to close at a record high of 298.58. 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 12.9. 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, AS Bryden fell 0.1 of a cent and closed at a 52 weeks low of 16.9 US cents with 2,400 units crossing the exchange, MPC Caribbean Clean Energy popped 3 cents to 23 US cents with investors trading 100 stocks, Proven Investments slipped 0.02 of one cent to close at 5.98 US cents with 2,500 shares passing through the market. Quantas Advantage popped 1 cent and ended at 11 US cents with trading in 3,033 stock units, Sterling Investments ended at 2 US cents with 199,459 shares crossing the market, Sygnus Credit Investments lost 0.03 of one cent to end at 5.04 US cents in an exchange of 4,221 stock units. Sygnus Real Estate Finance USD share remained at 5 US cents with investors trading 3,982 stocks and Transjamaican Highway rose 0.11 of one cent to a record high of 6.6 US cents in an exchange of 1,065,804 units.
In the preference segment, JMMB Group US8.5% rallied 2 cents to end at US$1.22, with 180 shares crossing the market and Productive Business Solutions 9.25% increased US$2.09 to close at US$13 after trading of 654 stock units.
Prices of securities trading are those for the last transaction.
The market closed following an exchange of 1,055,001 shares for US$121,704, soaring from 76,990 stock units at US$5,098 on Wednesday.
The market closed with an exchange of 171,212 shares for US$10,376, down sharply from 887,366 stock units at US$55,429 on Monday.
The market closed with an exchange of 887,366 shares for US$55,429 compared to 252,482 stock units at US$15,043 on Friday.
The market closed with an exchange of just 196,825 shares for US$13,167, tumbling from 2,316,305 stocks at US$133,841 on Tuesday.
The market closed with an exchange of 2,316,305 shares for US$133,841, increasing from an elevated 944,969 stock units at US$60,746 on Monday.
The market closed with an exchange of 423,400 shares for US$25,911 compared to 162,743 stocks at US$10,161 on Thursday.
The market closed with the trading of 12,846,746 shares with a value of $102,917,764, with a slight fall from 13,213,833 stock units worth $105,706,728 on Thursday.
At the close, Barita Investments shed 44 cents to finish at $68.01 after an exchange of 7,088 stock units, Berger Paints declined by 50 cents and ended at $5 with 9,444 shares clearing the market, Carreras rallied 89 cents to close at $30.89 with an exchange of 89,884 stocks. Eppley Caribbean Property Fund increased $3.50 in closing at $44.50, with trading of 176 units, General Accident rose 40 cents to $9 with a transfer of 6,896 stocks, GraceKennedy lost $4.47 to end trading at $71.53, with 29,253 units crossing the market. Guardian Holdings gained $1.01 in closing at $354 with investors trading 1,632 shares, Kingston Properties rose 58 cents to $10.48, with 300 stock units crossing the market, Lasco Manufacturing dipped 42 cents to close at $6.60 after trading of 20,443 shares. Margaritaville fell $2.50 and ended at a 52 weeks low of $8.50 as investors exchanged 300 stock units, Massy Holdings advanced 51 cents to end at $72.01 in switching ownership of 585 stocks, Mayberry Group dropped 44 cents to finish at $5.54, with 1,859 units crossing the exchange. NCB Financial climbed $1 and ended at $72.90 after 154,295 shares were exchanged,
Proven Investments slipped 48 cents to $9.82 with investors dealing in 23,144 units, Quantas Advantage skidded 80 cents in closing at an all-time low of $14.45 after an exchange of 14,198 stocks. Scotia Group declined by 94 cents to $57.06 with investors swapping 26,745 stock units, Seprod skidded $1.50 to close at $73 after 9,674 shares passed through the market and Sygnus Credit Investments fell 60 cents to finish at $9.35 and closed with 1,001,538 stock units changing hands.