Trading soared on the US Dollar Market of the Jamaica Stock Exchange on Tuesday, with the market closing lower, following a 318 percent rise in the volume of stocks traded, with a 591 percent greater value than on Monday, resulting in an exchange of seven securities, compared with five on Monday. Three stocks closed higher, two declined and two ended unchanged.
The market closed with an exchange of 885,137 shares for US$43,488 compared to 211,797 stock units at US$6,297 on Monday.
Trading ended with an average of 126,448 shares at US$6,213 compared to 42,359 stock units at US$1,259 on Monday, with a month to date average of 68,007 units at US$3,167 compared with 64,569 stock units at US$2,988 on the previous day and November that ended with an average of 36,788 units for US$2,343.
The US Denominated Equities Index fell 5.58 points to 198.61, down by 21.2 percent for the year to date. The Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and one with a lower offer.
The PE Ratio, one of the most used measures to determine appropriate stock values, averages 7.9. The PE ratio is derived by dividing the last traded price by earnings per share. ICInsider.com compiles the earnings per share used in this report for companies with their financial year ending around August 2026.
At the close of trading, Productive Business Solutions slipped 15 cents to 80 US cents in switching ownership of 32 shares, Sterling Investments gained 0.06 of one cent to close at 1.75 US cents after trading of 812 stock units, Sygnus Credit Investments ended at 6.5 US cents after 8,356 shares were traded and Transjamaican Highway popped 0.08 of a cent and ended at 3 US cents with investors trading 861,937 units.
In the preference segment, JMMB Group US8.5% lost 1.63 cents to finish at US$1.16, with 13,884 stocks crossing the market, AS Bryden 6% remained at US$1 with an exchange of 7 shares and Productive Business Solutions 9.25% rallied 0.99 of a cent to US$10.90, with 109 units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with an exchange of 221,797 shares for US$6,297, down from 1,555,322 stock units at US$57,633 on Friday.
The market closed with an 11 percent decline in volume and a 46 percent decline in the value of stocks traded compared with Thursday, resulting in trading in 1,555,322 shares for US$57,633 after falling from 1,737,956 stock units at US$106,511 on Thursday.
The market closed with an exchange of 1,737,956 shares for US$106,511 after jumping from 688,541 stock units at US$28,462 on Wednesday.
Sygnus Credit Investments ended at 6 US cents with an exchange of 957,018 stock units and Transjamaican Highway popped 0.11 of a cent in closing at 3.09 US cents with 526,063 stocks crossing the market.
The market closed with an exchange of 688,541 shares for US$28,462 after soaring from just 142,347 stock units at US$5,093 on Tuesday. Trading averaged 98,363 shares at US$4,066 after jumping from 14,235 stock units at US$509 on Tuesday, with a month to date average of 42,209 units at US$1,870, climbing from 37,936 stock units at US$1,703 on the previous day and compared with November, that ended with an average of 36,788 units for US$2,343. The US Denominated Equities Index fell 0.61 points to wrap up trading at 201.35.
The market closed with an exchange of 142,347 shares for US$5,093 compared to 138,831 stock units at US$7,736 on Monday.
The market closed with an exchange of 138,831 shares for US$7,736 after falling from 164,203 stock units at US$10,792 on Friday.
The market closed with an exchange of 164,203 shares for US$10,792 compared to 197,386 stock units at US$7,857 on Thursday.
The market closed with an exchange of 108,254 shares for US$4,577 after surging from 29,472 stock units at US$2,193 on Tuesday. Trading averaged 13,532 shares at US$572 with an increase from 4,210 stock units at US$313 on Tuesday, with a month to date average of 48,261 units at US$2,122 after dipping from 53,708 stock units at US$2,365 on the previous day and November that ended with an average of 36,788 units for US$2,343.