Investors pumped 36 percent more funds into the Jamaica Stock Exchange US Dollar Market closed on Thursday, but traded just about the same number of shares as they did on Wednesday. Trading resulted in an exchange of eight securities, compared with five on Wednesday, with prices of three rising and five declining.
The market closed with an exchange of 221,178 shares for US$11,156, up slightly from 220,029 stock units at US$8,175 on Wednesday.
Trading averaged 27,647 shares at US$1,394 after slipping from 44,006 stock units at US$1,635 on Wednesday, with a month to date average of 49,023 units at US$2,268, down from 58,524 stock units at US$2,656 on the previous day and compared with November, with an average of 36,788 units for US$2,343.
The US Denominated Equities Index lost 3.10 points to close at 198.35. The Investor’s Choice bid-offer indicator shows two 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 8.2. The PE ratio is derived by dividing the last traded price by earnings per share. The earnings used for this report are compiled by ICInsider.com for companies with their financial year ending around August 2026.
At the close of market activities, First Rock Real Estate USD share popped 0.01 of a cent to close at 3 US cents with 12,306 shares passing through the market, Proven Investments slipped 0.01 of a cent to 9 US cents as investors exchanged 37,404 units, Sterling Investments sank 0.01 of a cent and ended at 1.99 US cents with 71 shares crossing the market. Sygnus Credit Investments shed 0.1 of a cent to finish at 7 US cents with investors swapping 35,032 stock units, Sygnus Real Estate Finance USD share climbed 1.04 cents in closing at 6 US cents with 10,467 stock units clearing the market and Transjamaican Highway sank 0.09 of a cent to end at 2.9 US cents with investors trading 125,823 shares.
In the preference segment, Productive Business Solutions 9.25% dropped 40.01 cents in closing at US$10.91 after an exchange of 25 units and Sygnus Credit Investments 8% rose 2 cents to US$10.02 in trading 50 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.