Trading climbs on JSE USD Market  


Trading on the Jamaica Stock Exchange US dollar market climbed 22 percent on Tuesday, with 66 percent more value, following an exchange of seven securities, compared with nine, with prices of three rising, one declining and three ending unchanged.

The market closed with an exchange of 221,759 shares for US$20,033, up from 181,959 stocks at US$12,055 on Tuesday.
Trading averaged 31,680 shares at US$2,862 compared to 20,218 stocks at US$1,339 on Tuesday, with a month to date average of 47,134 units at US$2,610, in line with 48,227 stocks at US$2,592 on the previous day and well below trading in June that ended with an average of 591,343 units for US$19,218.
The US Denominated Equities Index gained 1.03 points to close trading at 207.85. The Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and none with a lower offer.
The PE Ratio, one of the most frequently used measures to determine appropriate stock values, averages 10.4. 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 of a moderate day of trading, MPC Caribbean Clean Energy popped 4 cents and ended at 43 US cents with 166 shares crossing the market, Proven Investments remained at 10.99 US cents, with investors dealing in 127,510 units, Sterling Investments ended at 2.1 US cents in an exchange of 500 shares. Sygnus Credit Investments rallied 0.46 of one cent to end at 7.58 US cents in trading of 249 stocks and Transjamaican Highway increased 0.08 of a cent to finish at 2.46 US cents with 91,911 stock units crossing the exchange.
In the preference segment, JMMB Group 7.5% skidded 2 cents to close at US$2 with investors trading 1,229 shares and Sygnus Credit Investments 8% ended at US$9.50 as traders closed with an exchange of 194 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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