The usual volume leader of the US Dollar market, Transjamaican Highway, captured the largest portion of shares traded once more, on the US Dollar Market of the Jamaica Stock Exchange on Tuesday. The company grabbed 80 percent of the traded volume, with a 100 percent jump to 472,335 shares from 236,718 stock units on Friday. The value of stocks traded surged 143 percent from that on Monday to US$28,952 from US$11,905. Investors exchanged six securities, down from eight on Monday with prices of two rising, two declining and two ending unchanged.
Trading ended with an average of 78,723 shares at US$4,825 after rising from 29,590 stock units at US$1,488 on Monday, well below the month to date average of 741,824 units at US$244,573 after slipping from 775,541 stock units at US$256,764 on the previous day and May that ended with an average of 180,903 units for US$8,607.
The US Denominated Equities Index declined 2.05 points to 229.79. The Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and none with a lower offer.
The PE Ratio, one of the most used measures to determine appropriate stock values, averages 7.4. 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, MPC Caribbean Clean Energy fell 3 cents to finish at 20 US cents with 665 shares crossing the market,
Proven Investments rose 0.58 of a cent to 6.94 US cents with an exchange of 35,065 stock units, Sygnus Credit Investments gained 0.5 of a cent to end at 6 US cents with 57,040 shares changing hands and Transjamaican Highway ended at 5 US cents as investors exchanged 379,041 stocks.
In the preference segment, Sygnus Credit Investments 8% remained at US$10.95 with 10 units crossing the market and Sygnus Credit Investments 8% declined 25 cents to close at US$8.75 with investors trading 514 stocks.
The closing prices of stocks are those of the last transaction unless otherwise stated.
The market closed with an exchange of 236,718 shares worth US$11,905, after an increase from 215,394 stocks at US$21,614 on Friday.
The market closed with an exchange of 215,394 shares for US$21,614 after nosediving from 922,462 stock units at US$57,771 on Thursday.
The market closed with an exchange of 922,462 shares for US$57,771, up from a mere 16,748 stock units at a minuscule US$664 on Wednesday.
The market closed with an exchange of a mere 16,748 shares for just US$664 after plunging from 5,859,990 stock units at US$2,002,197 on Tuesday.
The market closed with an exchange of 5,859,990 shares for US$2,002,197 compared to 4,137,658 stock units at US$1,379,370 on Monday.
Productive Business Solutions contributed $1.37 million, resulting in an exchange of nine securities, compared with nine on Friday, with prices of three rising, two declining and four ending unchanged.
The market closed with an exchange of 257,807 shares for US$12,350 compared to 2,598,880 stock units at US$847,483 on Thursday.
The market closed with an exchange of 75,013,983 shares for US$25,753,494 compared to just 217,942 stock units at US$41,341 on Tuesday.