Trading plunged on the Jamaica Stock Exchange US dollar market on Wednesday, with the volume of stocks traded dropping 71 percent, with a 75 percent lower value than on Tuesday, resulting in an exchange of nine securities, down from 13 on Tuesday, with prices of one rising, six declining and two ending unchanged.
The market closed with an exchange of 631,514 shares for US$47,545 compared to 2,201,110 stock units at US$192,691 on Tuesday.
Trading averaged 70,168 shares at US$5,283, down sharply from 169,316 units at US$14,822 on Tuesday, with a month to date average of 321,017 stock units at US$13,206 compared with 344,782 shares at US$13,956 on the previous day and March that ended with an average of 92,288 units for US$8,588.
The US Denominated Equities Index slipped 2.88 points to close at 225.89. The Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and one with a lower offer.
The PE Ratio, one of the frequently used measures to determine appropriate stock values, averages 11.3. 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 the day, First Rock Real Estate USD share dropped 0.01 of one cent to close at 1.99 US cents with traders dealing in 746 shares, Productive Business Solutions fell by 4 cents to US$1.41 after an exchange of 18 units, Proven Investments ended at 11 US cents with 27,469 stocks crossing the market. Sterling Investments dipped 0.01 of a cent to end at 1.95 US cents in switching ownership of 9,728 shares, Sygnus Credit Investments slipped 0.9 of a cent and ended at 6.1 US cents after 37,253 stock units passed through the market and Transjamaican Highway remained at 2.51 US cents with 528,962 shares crossing the exchange.
In the preference segment, JMMB Group US8.5% preference share skidded 0.1 of a cent to close at US$1.034 with a transfer of 27,280 stock units, Sygnus Credit Investments US 8% lost 45.22 cents to finish at US$8.25 with an exchange of 20 units and Sygnus Credit Investments US 8% climbed 5.1 cents and ended at US$8.651 in trading 38 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with 26,127,733 shares trading for $99,012,198, up from just 13,296,040 stock units at $59,268,535 on Tuesday.
The Main Market ended trading with an average PE Ratio of 13.3. The JSE Main and 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 2025.
The market closed with an exchange of 2,201,110 shares for US$192,691, much lower than 3,997,953 stock units at US$108,139 on Monday.
The market closed with 13,296,040 shares trading for $59,268,535, up from only 8,172,827 stock units at $48,080,512 on Monday.
The Main Market ended with an average PE Ratio of 13. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings that are forecasted by ICInsider.com for companies with the financial year ending around August 2025.
The market closed with 8,172,827 shares trading for $48,080,512, much lower than the 12,317,187 stocks at $78,954,503 on Friday.
At the close of the market, AS Bryden gained $1.95 to end at $29.95 as investors exchanged 1,505 shares, after trading at a 52 weeks’ intraday low of $24.31, Berger Paints popped 78 cents to $7.89 with traders clearing the market with 10 units, Caribbean Cement advanced $1.50 to close at $82.50 in an exchange of 5,427 shares. Carreras rose 80 cents in closing at $15.80 with traders dealing in 214,188 stock units, First Rock Real Estate rallied 95 cents and ended at $9.45 after investors exchanged 5,776 stocks, Guardian Holdings increased $2 to finish at $306 with 2,755 shares being exchanged by the close. Lasco Manufacturing climbed 52 cents to $7.58 after a transfer of 79,091 stocks, Massy Holdings popped $1.45 to close at $80 with traders swapping 203 units, Mayberry Group dipped 49 cents in closing at $6.98 after shareholders exchanged 1,000 stock units. 138 Student Living fell 68 cents and ended at $3.12 with 7,932 shares passing through the market,
Trading resulted from the exchange of 10 securities, compared to nine on Friday, with prices of five rising and five ending unchanged.
The market closed with 12,317,187 shares being traded at $78,954,503 compared with 1,228,240,349 units at $4,388,967,714 on Thursday.
The Main Market ended trading with an average PE Ratio of 13.3. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with financial years ending around August 2025.
The market closed Friday with an exchange of 510,567 shares for US$22,529 compared to 1,653,319 stocks at US$64,360 on Thursday.
The market closed with 1,228,240,349 shares trading for $4,388,967,714, sharply up from 94,550,139 stock units at $433,147,553 on Wednesday.
The Main Market ended trading with an average PE Ratio of 13. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with financial years ending around August 2025.
The market closed with 94,550,139 shares trading for $433,147,553, a significant increase from 10,896,568 stocks at $47,423,116 on Tuesday.
The Main Market ended trading with an average PE Ratio of 13.3. The JSE Main and 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 2025.