The US Denominated Equities Index rallied 7.99 points to close at a new record high of 322.63 on the US Dollar Market of the Jamaica Stock Exchange on Friday, with a year to date gain of 52 percent. Trading closed with a 386 percent jump in the volume of stocks traded, valued 181 percent more than on Thursday. The market closed with an exchange of six securities, compared with nine on Thursday with prices of one rising, three declining and two ending unchanged.
Trading closed with an exchange of 1,076,367 shares for US$79,709 up from just 221,390 stock units at US$28,376 on Thursday. An average of 179,395 shares were exchanged at US$13,285 compared to 24,599 stock units at US$3,153 on Thursday, with a month to date average of 144,344 units at US$12,672 compared with 141,748 stock units at US$12,627 on the previous day and July that ended with an average of 132,012 units for US$49,788. The Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and two with lower offers. The PE Ratio, one of the most used measures to determine appropriate stock values, averages 15. ICInsider.com compiles the earnings per share and the PE used in this report. The PE ratio is derived by dividing the last traded price of a stock by the earnings per share for the financial year ending around August 2026. At the close of market activity, First Rock Real Estate USD share dipped 0.07 of one cent to close at 1.8 US cents with 259 stock units crossing the exchange, Quantas Advantage shed 0.28 of a cent to end at 9.52 US cents after exchanging 2,000 shares, Sterling Investments ended at 2 US cents after it closed with trading of 100,954 stocks. Sygnus Credit Investments ended with an exchange of 4,480 shares at 0.05 US cents and Transjamaican Highway lost 0.27 of one cent to finish at 7.5 US cents changing hands 968,603 stocks.
In the preference segment, Sygnus Credit Investments E8.5% ended trading of 71 units at US$9.90.
Prices of securities trading are those of the last transaction.
The market closed with an exchange of 221,390 shares for US$28,376 compared to 248,902 stock units at US$17,256 on Wednesday.
The market closed with an exchange of just 248,902 shares for US$17,256, in contrast with 1,795,092 stock units at US$332,328 on Tuesday.
A total of 810,196 shares were exchanged for US$59,827, down from 1,615,358 stock units at US$116,966 on Friday.
The market closed with an exchange of 1,615,358 shares for US$116,966 after surging from 764,110 stock units at US$58,570 on Wednesday.
The market closed with an exchange of 764,110 shares for US$58,570 compared to 769,895 stock units at US$61,096 on Tuesday.
The market closed with an exchange of 769,895 shares for US$61,096 after tumbling from 5,256,613 stock units at US$348,331 on Monday.
Trading ended with an average of 525,661 shares at US$34,833, up from 128,233 stocks at US$8,586 on Friday, compared with July, with an average of 132,012 units for US$49,788.
The US Denominated Equities Index shed 12.51 points to settle at 286.07. 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 used measures to determine appropriate stock values, averages 15.4. ICInsider.com compiles the earnings per share and the PE used in this report. The PE ratio is derived by dividing the last traded price of a stock by the earnings per share for the financial year ending around August 2026.
At the close of trading, AS Bryden remained at 16.9 US cents with investors dealing in 1,337 units, Productive Business Solutions dropped 12.75 cents and ended at 72.25 US cents with 14 stocks changing hands, Proven Investments lost 0.47 of a cent to 5.51 US cents with a transfer of 408,402 shares.
The market closed following an exchange of 1,055,001 shares for US$121,704, soaring from 76,990 stock units at US$5,098 on Wednesday.