Trading dips on the JSE USD


Trading ended with falling volume and mostly rising prices on the US Dollar Market of the Jamaica Stock Exchange on Friday. At the close of the market, trading volume declined by 17 percent and the value climbed 13 percent, compared to Thursday, after an exchange of 10 securities, compared with 11 on Thursday, with five rising, three declining and two ending unchanged.

The market closed with an exchange of 1,152,520 shares, worth US$117,982 compared to 1,380,642 stock units at US$104,440 on Thursday.
Trading ended with an average of 115,252 shares at US$11,798 compared to 125,513 stock units at US$9,495 on Thursday. Trading month to date averages 115,496 stocks for US$12,774, closely aligned with 115,510 stock units at US$12,830 on the previous day and lower than July that ended with an average of 132,012 units for US$49,788.
The US Denominated Equities Index fell 4.62 points to end trading at 319.08. 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 15.6. 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 of a day of subdued trading, AS Bryden ended at 18 US cents following an exchange of 2 stock units, Productive Business Solutions remained at 79 US cents in trading 12 shares, Proven Investments gained 1 cent to close at 6 cents following an exchange of 174,669 shares. Quantas Advantage climbed 2.11 cents to close at 11.64 US cents with investors dealing in 166,600 stocks, Sterling Investments declined 0.1 of one cent to finish at 1.9 US cents after a transfer of 76,512 shares, Sygnus Credit Investments increased 0.1 of one cent and ended at 5.89 US cents with investors trading 8,042 stocks. Sygnus Real Estate Finance USD share advanced 0.65 of one cent to 4.7 US cents after an exchange of 534 stock units and Transjamaican Highway lost 0.1 of one cent and ended at 7.55 US cents with investors swapping 713,799 stock units.
In the preference segment, JMMB Group 7.5% dropped 3 cents to close at US$2 in an exchange of 11,500 shares and Productive Business Solutions 9.25% rose 57 cents to close at US$11.51, with 850 stock units changing hands.
Prices of securities trading are those of the last transaction.

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