Trading ended mixed on the Jamaica Stock Exchange US dollar market on Friday, with the volume of stocks traded falling 69 percent with a 208 percent higher value than Thursday, resulting from an exchange of seven securities, compared with nine on Thursday with prices of one rising, three declining and three ending unchanged.
The JSE US dollar m
arket closed with trading of 53,579 shares for US$26,575 compared to 172,951 stocks at US$8,636 on Thursday. Trading averaged 7,654 shares at US$3,796 compared with 19,217 stocks at US$960 on Thursday, with the month to date ended with an average of 204,353 stock units at US$8,241 compared with 224,904 stocks at US$8,706 on the previous day and January that ended with an average of 103,137 units for US$4,549.
The US Denominated Equities Index declined 1.13 points to close at 218.45. 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 best known measures to determine appropriate stock values, averages seven. 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 slow day of trading, Productive Business Solutions rose 0.15 of one cent to finish at US$1.37 with 81 stocks switching owners, Proven Investments fell 0.06 of one cent and ended at 11.9 US cents with 5,281 units clearing the market, Sterling Investments ended at 1.86 US cents with traders dealing in 347 shares. Sygnus Credit Investments remained at 6.5 US cents after an exchange of 10,000 stock units and Transjamaican Highway slipped 0.02 of a cent in closing at 2.67 US cents with investors trading 22,176 shares.
In the preference segment, JMMB Group US8.5% preference share remained at US$1.16 with an exchange of 15,000 units and Productive Business Solutions 9.25% preference share declined 10 cents to US$10.40 with investors trading 694 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with an exchange of 172,951 shares for US$8,636 compared to 127,825 stocks at US$3,803 on Wednesday. Trading averaged 19,217 shares at US$960 compared to 42,608 stocks at US$1,268 on Wednesday, with a month to date average of 224,904 units at US$8,706 compared with 256,821 shares at US$9,908 on the previous day and January that ended with an average of 103,137 units for US$4,549.
The market closed with an exchange of 192,369 shares for US$70,619 compared to 39,450 stocks at US$4,029 on Thursday.
The market closed with an exchange of 39,450 shares for just US$4,029 down from 2,521,741 stocks at US$130,691 on Wednesday. Trading averaged 3,945 shares at US$403 well off from the 504,348 stocks at US$26,138 on Wednesday, with a month to date average of 89,006 units at US$5,091 compared with 129,511 shares at US$7,323 on the previous day and January that ended with an average of 103,137 units for US$4,549.