Trading climbs sharply on JSE USD Market


Trading climbed sharply on the US Dollar Market of the Jamaica Stock Exchange on Friday, with the volume of stocks traded rising 338 percent with a 2,253 percent surge in value compared with Thursday, resulting from an exchange of 11 securities, compared with six on Thursday with prices of four rising, three declining and four ending unchanged.

The market closed with an exchange of 583,059 shares for US$167,362 compared to 133,182 stock units at US$7,112 on Thursday.
Trading ended with an average of 53,005 shares at US$15,215 compared to 22,197 stock units at US$1,185 on Thursday, with a month to date average of 110,461 units at US$69,476 compared with 115,641 stock units at US$74,368 on the previous day and February that ended with an average of 95,098 units for US$6,755.
The US Denominated Equities Index advanced 3.68 points to close trading at 273.48. The Investor’s Choice bid-offer indicator shows one stock ending with a bid higher than the last selling price and two with lower offers.
The PE Ratio, one of the most used measures to determine appropriate stock values, averages 10.4. The PE ratio is derived by dividing the last traded price by earnings per share. ICInsider.com compiles the earnings per share used in this report for companies with their financial year ending around August 2026.
At the close of the market, AS Bryden ended at 22.5 US cents in an exchange of 251 shares, Productive Business Solutions rallied 15.02 cents to US$1.15 after just one stock passed through the market, Proven Investments slipped 0.01 of a cent and ended at 7.99 US cents after switching ownership of 65,200 shares. Sterling Investments increased 0.02 of one cent to close at 2 US cents following a transfer of 102 units, Sygnus Credit Investments remained at 6.05 US cents, with 308,661 stock units clearing the market, Sygnus Real Estate Finance USD share remained at 4.5 US cents after an exchange of 2,620 shares and Transjamaican Highway lost 0.01 of one cent to end at 4.68 US cents with investors trading 157,518 units.
In the preference segment, JMMB Group 7.5% climbed 0.1 of a cent in closing at US$2.011 with an exchange of 22,000 stocks, JMMB Group US8.5% popped 0.1 of one cent to end at US$1.21, with 20,001 stock units crossing the market, AS Bryden 6% ended at US$1 as investors exchanged just 5 shares and Sygnus Credit Investments 8% declined 20 cents to finish at US$10.10, following trading of 6,700 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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