Trading on the Jamaica Stock Exchange US dollar market ended on Friday, with a 315 percent rise in the volume of stocks exchanged after 4 percent fewer dollars changed hands than on Thursday, resulting in trading in seven securities, compared to six on Thursday with prices of three rising, two declining and two ending unchanged.
The market closed with an exchange of 649,338 shares for US$15,760 compared to 156,654 units at US$16,462 on Thursday.
Trading averaged 92,763 units at US$2,251 versus 26,109 shares at US$2,744 on Thursday, with a month to date average of 39,670 shares at US$1,624 compared with 34,714 units at US$1,565 on the previous day and December with an average of 28,010 units for US$1,403.
The US Denominated Equities Index declined 3.74 points to close at 237.32.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.1. The PE ratio is computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending and or around August 2024.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, First Rock Real Estate USD sharedipped 0.6 of one cent and ended at 4.1 US cents, with 2,744 stocks crossing the exchange, Margaritaville remained at 10 US cents in switching ownership of 179 units,
Proven Investments ended trading of 4,364 shares at 13 US cents. Sterling Investments slipped 0.1 cent to end at 1.5 US cents, with 60,814 stock units crossing the market, Sygnus Credit Investments gained 1.02 cent in closing at 8.72 US cents with an exchange of 72,020 shares, Sygnus Real Estate Finance USD share popped 1.11 cents to 8.11 US cents with trading of 1,000 stocks and Transjamaican Highway rose 0.03 of a cent to close at 1.87 US cents after an exchange of 508,217 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with an exchange of 156,654 shares for US$16,462 down from 664,963 units at US$18,341 on Wednesday.
At the close, Margaritaville shed 0.52 of one cent in closing at 10 US cents with investors trading 22 stock units, Proven Investments sank 0.5 of a cent to 13 US cents, with 96,006 shares crossing the market, Sterling Investments ended at 1.6 US cents with traders dealing in 803 stocks. Sygnus Credit Investments dipped 1.3 cents to close at 7.7 US cents, with 35,749 units changing hands, Sygnus Real Estate Finance USD share remained at 7 US cents in trading 12,400 stocks and Transjamaican Highway lost 0.04 of a cent to end at 1.84 US cents with trading in11,674 shares.
The market closed with an exchange of 508,298 shares for US$11,596 compared to 501,713 units at US$12,814 on Monday.
Investor’s Choice bid-offer indicator shows seven stocks ended with bids higher than their last selling prices and one with a lower offer.
The market closed with an exchange of 501,713 shares for US$12,814 compared to 30,414 units at US$3,460 on Friday.
At the close, Margaritaville dipped 0.41 of one cent and ended at 11.99 US cents in an exchange of 144 units, Proven Investments shed 0.46 of a cent to 13.04 US cents with investors dealing in 29,843 stocks, Sterling Investments ended at 1.6 US cents after 1,383 shares were traded. Sygnus Credit Investments declined 0.5 of one cent to end at 8 US cents, with an exchange of 7,315 stocks and Transjamaican Highway advanced 0.08 of a cent to 1.79 US cents with investors transferring 463,007 shares.
Sterling Investments dipped 0.03 of a cent to 1.57 US cents, with investors exchanging 59,522 stocks, Sygnus Credit Investments slipped 0.5 of one cent to close at 8.5 US cents with an exchange of 3,146 stock units and Transjamaican Highway skidded 0.01 of a cent to 1.7 US cents after 13,522 shares cleared the market.
The market closed with an exchange of 135,574 shares for US$3,223 compared to 23,424 units at US$1,068 on Monday.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and none with a lower offer.
Overall, 23,424 shares were exchanged for US$1,068 compared with 13,643 units at US$3,500 on Friday.
Margaritaville shed 2.3 cents to finish at 10.1 US cents, with 87 stocks crossing the market, MPC Caribbean Clean Energy ended at 57 US cents with investors trading 165 shares. Productive Business Solutions ended at US$1.78 after an exchange of one stock unit, Proven Investments remained at 14.5 US cents with 3,765 shares crossing the market, Sygnus Credit Investments ended at 9 US cents in trading 170 stocks and Transjamaican Highway sank 0.04 of a cent and ended at 1.68 US cents after exchanging 17,335 units.
Overall, 13,643 shares were traded, for US$3,500 compared to 250,247 units at US$11,360 on Thursday.
At the close, First Rock Real Estate USD share advanced 0.39 of a cent to close at 4.89 US cents in an exchange of 40 stock units, Proven Investments dipped 0.1 of one cent to 14.5 US cents with investors swapping 921 shares, Sterling Investments rose 0.03 of a cent to end at 1.6 US cents with 11,076 units changing hands. Sygnus Credit Investments remained at 9 US cents after closing with an exchange of 25 stocks and Transjamaican Highway climbed 0.12 of one cent and ended at 1.72 US cents with 1,306 shares crossing the market.
At the close of the market on Thursday, 250,247 shares were traded for US$11,360 up from 163,964 units at US$2,851 on Wednesday.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and none with a lower offer.
The market closed with 163,964 shares being traded for US$2,851 compared with 51,389 units at US$5,071 on Tuesday.
Productive Business Solutions ended at US$1.78 with traders dealing in two shares, Proven Investments shed 0.35 of a cent to end at 14.6 US cents after investors traded 1,100 shares. Sterling Investments fell 0.03 of a cent in closing at 1.57 US cents with a transfer of just one stock, Sygnus Credit Investments rose 0.49 of one cent to 8.5 US cents with investors dealing in 9 shares and Transjamaican Highway popped 0.09 of a cent to 1.72 US cents after an exchange of 161,852 stock units.