Trading climbs on JSE USD Market

The Jamaica Stock Exchange US dollar market closed on Tuesday, with the volume of stocks traded rising 127 percent with a 209 percent greater value than on Monday, resulting in exchange of six securities, similar to that on Monday with prices of one rising, two declining and three ending unchanged.

The market closed with an exchange of 148,501 shares for US$5,489, up from 65,465 stock units at US$1,775 on Monday.
Trading averaged 24,750 shares at US$915 compared to 10,911 stocks at US$296 on Monday, with a month to date average of 465,032 units at US$12,161 compared with 487,419 stocks at US$12,733 on the previous day and September that ended with an average of 161,382 shares for US$5,462.
The US Denominated Equities Index gained 3.61 points to close at 227.49. The Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and three with lower offers.
The PE Ratio, one of the best known measures used to determine appropriate stock values, averages 6.9. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2025.
At the close, MPC Caribbean Clean Energy remained at 70.99 US cents with 5 stock units clearing the market, Proven Investments gained 2.2 cents and ended at 12 US cents in trading 17,822 shares, Sterling Investments ended at 1.49 US cents and closed with 5,000 stocks changing hands. Sygnus Real Estate Finance USD share dropped 1 cent to close at a 52 weeks’ low of 5 US cents in switching ownership of 1,748 units and Transjamaican Highway shed 0.01 of one cent to end at 2.14 US cents as investors exchanged 123,867 stocks.In the preference segment, Sygnus Credit Investments US 8% ended at US$10.30 after trading of 59 units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.