The US Dollar Market of the Jamaica Stock Exchange closed on Friday, with the volume of stocks traded surging 365 percent, with a 424 percent jump in value from Thursday, resulting in an exchange of five securities, similar to Thursday, with prices of one rising, one declining and three ending unchanged.
The market closed with an exchange of 723,905 shares for US$40,951, compared to 155,612 stock units at US$7,815 on Thursday.
Trading ended with an average of 144,781 shares at US$8,190 compared with 31,122 stocks at US$1,563 on Thursday. Trading month to date averages 668,858 units at US$218,570 compared with 688,413 stock units at US$226,420 on the previous day and May with an average of 180,903 units for US$8,607.
The US Denominated Equities Index dipped 0.01 points to wrap up trading at 233.67. 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 7.2. 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 2026.
At the close, Proven Investments remained at 6.9 US cents after a transfer of 2,300 shares, Sterling Investments dipped 0.3 of a cent to 1.7 US cents, with 41,015 units crossing the exchange and Transjamaican Highway rose 0.01 of a cent to end at 5.01 US cents following an exchange of 679,278 shares.
In the preference segment, JMMB Group US8.5% ended at US$1.15 following an exchange of 712 stocks and Sygnus Credit Investments 8% remained at US$8.75, with 600 stock units crossing the market.
The closing prices of stocks are those of the last transaction.