The Jamaica Stock Exchange US dollar market closed on Friday, with the volume of stocks traded declining 43 percent having a 23 percent greater value than on Thursday and resulting in eight securities changing hands, similar to Thursday, with prices of one rising, none declining and seven ending unchanged.
The market closed with an exchange of 147,586 shares for US$21,362 compared to 257,793 stock units at US$17,324 on Thursday.
Trading on Friday averaged 18,448 shares at US$2,670 compared with 32,224 stocks at US$2,166 on Thursday, with trading month to date averaging 37,587 shares at US$2,359 compared with 38,643 units at US$2,342 on the previous day and March that ended with an average of 49,394 units for US$3,593.
The US Denominated Equities Index rose 0.34 points to 237.88.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.6. 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 four stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Margaritaville ended at 10 US cents in an exchange of 58 shares, Productive Business Solutions remained at US$1.59 with investors trading just two shares, Proven Investments advanced 1.02 cents in closing at 14.67 US cents with an exchange of 44,924 shares.
Sygnus Credit Investments ended at 8.79 US cents with 464 stock units clearing the market and Transjamaican Highway closed at 2.03 US cents after an exchange of 100,000 shares.
In the preference segment, JMMB Group US 8.5% preference share remained at US$1.20 after trading 1,000 stock units, Sygnus Credit Investments US 8% ended at US$10.60 with an exchange of 300 units and Sygnus Credit Investments E8.5% ended at US$10.20 with 838 stocks crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
One stock rose on JSE USD market as 7 held firm
JSE USD Market drops
Trading on the Jamaica Stock Exchange US dollar market ended on Thursday, with a 29 percent decline in the volume of stocks that changed hands following a 25 percent drop in value compared with market activity on Wednesday, resulting in trading in eight securities, compared to eight on Wednesday with prices of two rising, four declining and two ending unchanged.
The market closed with an exchange of 257,793 shares for US$17,324 down from 363,343 stock units at US$23,058 on Wednesday.
Trading averaged 32,224 units at US$2,166 versus 45,418 shares at US$2,882 on Wednesday, with a month to date average of 38,643 shares at US$2,342 compared with 39,018 units at US$2,352 on the previous day and March that ended with an average of 49,394 units for US$3,593.
The US Denominated Equities Index skidded 1.80 points to cease trading at 237.54.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.6. 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, AS Bryden ended at 22.49 US cents and closed after an exchange of 284 shares, Proven Investments declined 1.02 cents to 13.65 US cents after an exchange of 470 shares, Sterling Investments rose 0.1 of a cent to finish at 1.6 US cents with a transfer of 21,000 stocks. 
Sygnus Credit Investments shed 0.01of a cent and ended at 8.79 US cents after an exchange of 2,990 units and Transjamaican Highway fell 0.01 of a cent to close at 2.03 US cents with 230,228 stocks clearing the market.
In the preference segment, JMMB Group US8.5% preference share ended at US$1.20 with an exchange of 1,900 units. Productive Business Solutions 9.25% preference share rallied 19 cents to US$11.21, with 164 shares crossing the market and Sygnus Credit Investments E8.5% skidded 40 cents to close at US$10.20 with investors transferring 757 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Increased spending on JSE USD stocks
A total of 140 percent more funds passed through the Jamaica Stock Exchange US dollar market on Wednesday, but bought fewer shares than on Tuesday, resulting in trading in eight securities, up from five on Tuesday with prices of three rising, three declining and two ending unchanged.
The market closed with trading of 363,343 shares for US$23,058 compared to 384,592 units at US$9,594 on Tuesday.
Trading averaged 45,418 units at US$2,882 versus 76,918 shares Aat US$1,919 on Tuesday, with a month to date average of 39,018 shares at US$2,352 compared with 38,621 units at US$2,319 on the previous day and March that ended with an average of 49,394 units for US$3,593.
The US Denominated Equities Index sank 3.56 points to lock up trading at 239.34.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.6. 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 six stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, AS Bryden ended at 22.49 US cents with investors trading 443 shares, First Rock Real Estate USD share climbed 0.45 of one cent and ended at 4.95 US cents after an exchange of 9,330 stocks, MPC Caribbean Clean Energy remained at 61 US cents, with 14 shares crossing the market. 
Proven Investments sank 0.03 of a cent to end at 14.67 US cents with an exchange of 40,533 stock units, Sygnus Credit Investments rose 0.8 of one cent in closing at 8.8 US cents after 118,886 shares passed through the market and Transjamaican Highway lost 0.06 of a cent to close at 2.04 US cents in switching ownership of 193,930 stocks.
In the preference segment, Productive Business Solutions 9.25% preference share advanced 2 cents to US$11.02 with investors swapping 186 units and Sygnus Credit Investments E8.5% fell 10 cents to end at US$10.60 with a transfer of 21 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
