The Jamaica Stock Exchange US Dollar Market closed on Friday with a 22 percent decline in stocks traded, with a 64 percent jump in value compared with Thursday, following an exchange of 14 securities, compared with 10 on Thursday, with prices of three rising, three declining and eight ending unchanged.
Investors exchanged 161,911 shares for US$33,763 compared to 208,910 stock units at US$20,601 on Thursday.
Trading concluded with an average of 11,565 shares with a value of US$2,412 compared to 20,891 stocks at US$2,060 on Thursday. Trading for the month to date ended with an average of 41,592 units at US$5,112, down from 50,350 shares at US$5,899 on the preceding day and an average of 599,023 units for US$38,839 in October.
The US Denominated Equities Index popped 0.35 points to finish at 298.41. The Investor’s Choice bid-offer indicator shows no stock ending with a bid higher than the last selling price and one with a lower offer.
The PE Ratio, one of the most commonly used measures to determine appropriate stock values, averages 20. ICInsider.com compiles the earnings per share and the PE used in this report. The PE ratio is derived by dividing the last traded stock price by the earnings per share for financial years ending around August 2027.
At the close, AS Bryden remained at 15.75 US cents, with 62 shares changing hands, First Rock Real Estate USD share ended at 2 US cents after an exchange of 3,300 shares, Margaritaville popped 0.9 of one cent in closing at 8.9 US cents, with investors trading 300 stocks. MPC Caribbean Clean Energy fell 3.7 cents to finish at 19.3 US cents with 25 units crossing the exchange, Productive Business Solutions ended at 95 US cents in trading 5 stocks, Proven Investments gained 0.43 of one cent to finish at 6.92 US cents, with 2,220 units clearing the market. Quantas Advantage dipped 0.4 of one cent and ended at 14.6 US cents following an exchange of 13,526 shares, Sterling Investments ended at 2.31 US cents, with 400 stock units crossing the market, Sygnus Credit Investments rose 0.28 of a cent to end at 7.78 US cents with a transfer of 375 shares and Transjamaican Highway declined by 0.01 of a cent to close at 6.6 US cents as investors exchanged 126,338 stocks.
In the preference segment, JMMB Group 7.5% remained at US$2 after it closed with an exchange of 4,430 units, JMMB Group US8.5% ended at US$1.10 in switching ownership of 10,684 stock units. Sygnus Credit Investments 8% closed at US$9.91 after an exchange of 100 shares and Sygnus Credit Investments E8.5% remained at US$10, with investors dealing in 146 stocks.
Prices of securities trading are those for the last transaction.
The market closed with an exchange of 208,910 shares for US$20,601 in tumbling from 563,601 stock units at US$138,376 on Wednesday.
Trading ended with an average of 20,891 shares at US$2,060 compared to 46,967 stock units at US$11,531 on Wednesday,
Trading for the month to date averages 50,350 units at US$5,899 after declining from 58,102 stock units at US$6,909 on the preceding day and an average of 599,023 units for US$38,839 in October.
The US Denominated Equities Index popped 1.22 points higher to 298.06. The Investor’s Choice bid-offer indicator shows no stock ended with bids and offers higher or lower than the last selling price.
The PE Ratio, one of the most commonly used measures to determine appropriate stock values, averages 19.2. ICInsider.com compiles the earnings per share and the PE used in this report. The PE ratio is derived by dividing the last traded stock price by the earnings per share for financial years ending around August 2027.
At the close of trading, AS Bryden declined by 0.24 of a cent and ended at 15.75 US cents with a transfer of 638 units, First Rock Real Estate USD share ended at 2 US cents in a change of ownership of 46,000 stocks, Proven Investments advanced 0.38 of one cent to finish at 6.49 US cents after an exchange of 36 shares.
The market closed with 21,973,738 shares trading worth $58,437,706 versus 16,098,753 stock units at $160,635,957 on Wednesday.
The Main Market ended trading with an average PE Ratio of 15.9. ICInsider.com compiles the JSE Main Market PE ratios that are derived by dividing the last traded stock price by earnings per share for companies with fiscal years ending around August 2027.
NCB Financial lost 75 cents to close at $73.75 after an exchange of 43,717 stocks, 138 Student Living slipped 54 cents to close at $4.01 with investors trading 7,592 units, Quantas Advantage rallied 42 cents to close at $21.80 in an exchange of 28,700 stock units. Sagicor Real Estate Fund advanced 50 cents to finish at $9.50 after trading of 146 shares and Sygnus Credit Investments fell 42 cents and ended at $12.07 as investors exchanged 121,021 units.
The market closed with an exchange of 563,601 shares for US$138,376 compared to 1,105,110 stock units at US$73,758 on Tuesday.
The day closed with an exchange of 1,105,110 shares for US$73,758 after moving up from 539,157 stock units at US$50,427 on Monday.
The market closed with an exchange of 326,949 shares for US$20,128 compared to 320,051 stock units at US$39,583 on Tuesday.
The market closed with an exchange of 287,015 shares for US$18,834 compared to 123,887 stock units at US$7,308 on Friday.