Trading surged on the Jamaica Stock Exchange US dollar market on Thursday, to close out July with a 7,391 percent jump in the volume traded, with a 1,675 percent greater value than on Wednesday, with Transjamaican Highway contributing the bulk of trading, following the exchange of nine securities, compared with four on Wednesday, with prices of two rising, three declining and four ending unchanged.
The market closed with an exchange of 4,999,088 shares for US$155,356, up sharply from 66,736 stocks at US$8,755 on Wednesday.
Trading averaged 555,454 shares at US$17,262, up from a mere 16,684 stock units at US$2,189 on Wednesday, with a month to date average of 71,904 units at US$3,475 compared with 46,748 stocks at US$2,758 on the previous day and June that ended with an average of 591,343 units for US$19,218.
The US Denominated Equities Index rallied 4.59 points to 210.27. 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 most frequently used measures to determine appropriate stock values, averages 10.3. 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, First Rock Real Estate USD share advanced 0.15 of a cent to close at 1.95 US cents with investors dealing in 49 shares, Proven Investments declined 0.42 of one cent to 10.38 US cents after an exchange of 18,736 stock units, Sygnus Credit Investments slipped 0.01 of one cent in closing at 7.55 US cents in trading 195 shares. Sygnus Real Estate Finance USD share rose 0.21 of a cent and ended at 6.21 US cents, with 2,000 stocks crossing the exchange and Transjamaican Highway ended at 2.4 US cents with a transfer of 4,975,115 units.
In the preference segment, JMMB Group US8.5% remained at US$1.10, with 465 stocks crossing the market, Sygnus Credit Investments 8% ended at US$9.40 as investors exchanged 3 shares, Sygnus Credit Investments 8% lost 4.99 cents to end at US$9.6001 after trading of 2,500 stock units and Sygnus Credit Investments E8.5% remained at US$9.70 in an exchange of 25 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with an exchange of 1,153,803 shares for US$29,575, falling sharply from 200,040 stocks at US$20,497 on Friday.
The market closed with an exchange of 200,040 shares for US$20,497, from 436,513 stocks at US$20,849 on Thursday.
The market closed with an exchange of 436,513 shares for US$20,848.80, well above 226,841 stocks at US$30,271 on Wednesday.
The market closed with an exchange of 290,134 shares for US$24,809, surging from 88,568 stocks at US$13,671 on Thursday.
The market closed with an exchange of 88,568 shares for US$13,671, with a drop from 221,759 stocks to US$20,033 on Wednesday.
The market closed with an exchange of 221,759 shares for US$20,033, up from 181,959 stocks at US$12,055 on Tuesday.
The market closed with an exchange of 181,959 shares worth US$12,055, down from 353,790 stocks at US$13,093 on Monday.
The market closed with an exchange of 353,790 shares for US$13,093, falling precipitously from 2,482,008 stocks at US$72,123 on Friday.
The market closed with an average of 225,637 shares trading at US$6,557 compared to 12,905 stocks at US$1,783 on Thursday, with a month to date average of 52,330 units at US$2,858, above 25,095 stocks at US$2,277 on the previous day and June that ended with an average of 591,343 units for US$19,218.