First Rock Real Estate Investments controlled just under 74 percent of the US Dollar Market of the Jamaica Stock Exchange on Thursday, pushing the volume of stocks traded up 682 percent and the value 560 percent higher than on Wednesday. Trading resulted in an exchange of 11 securities, compared with five on Wednesday, with prices of six rising, two declining and three ending unchanged.
The market closed with an exchange of 7,285,203 shares for US$558,521 after surging from 931,250 stock units at US$84,657 on Wednesday. Trading ended with an average of 662,291 shares at US$50,775 after soaring from 186,250 stock units at US$16,931 on Wednesday, with a month to date average of 154,987 units at US$12,694 compared with 101,841 stock units at US$8,705 on the previous day and August that ended with an average of 115,072 units for US$12,480. The US Denominated Equities Index declined 0.06 points to 307.05. 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 16.1. 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 2027. At the close of trading, AS Bryden ended at 16.9 US cents with investors trading 3 units, First Rock Real Estate USD share rose 0.01 of one cent to 1.86 US cents with a transfer of 5,370,004 stocks, MPC Caribbean Clean Energy advanced 0.01 of a cent to close at 23 US cents in switching ownership of 280 shares. Productive Business Solutions fell 1 cent and ended at 84 US cents with 416,997 stock units crossing the market, Proven Investments lost 0.42 of a cent to finish at 5.56 US cents with investors dealing in 42,881 shares, Quantas Advantage popped 2 cents to end at 14 US cents after trading of 1,114 units. Sterling Investments climbed 0.08 of a cent in closing at 2.28 US cents with 8,500 stocks crossing the market, Sygnus Credit Investments increased 0.08 of a cent to 6.08 US cents in trading 206,736 stock units, Sygnus Real Estate Finance USD share remained at 4.79 US cents after an exchange of 165 shares and Transjamaican Highway remained at 7 US cents with a transfer of 1,236,023 units. In the preference segment, JMMB Group 7.5% rallied 2 cents and ended at US$2 with 2,500 stocks crossing the exchange.
Prices of securities trading are those of the last transaction.
The market closed with an exchange of 1,387,653 shares for US$107,528 after surging from 337,799 stock units at US$51,834 on Friday.
The market closed with an exchange of 337,799 shares for US$51,834, down from 1,237,260 stock units at US$93,191 on Thursday.
The market closed with an exchange of 1,084,551 shares for US$79,042 after increasing from 522,273 stocks at US$51,007 on Thursday. Trading ended with an average of 98,596 shares at US$7,186 after rising from 65,284 units at US$6,376 on Thursday, with a month to date average of 72,418 units at US$5,859, compared to 62,819 stocks at US$5,372 on the previous day and August that ended with an average of 115,072 units for US$12,480.
The market closed with an exchange of 522,273 shares for US$51,007 after it dropped from 845,195 stock units at US$62,437 on Wednesday.
Trading ended following an exchange of 1,186,972 shares worth US$82,527 compared to 1,152,520 stock units at US$117,982 on Friday.