Trading dives on JSE USD Market


Trading on the Jamaica Stock Exchange US dollar market on Tuesday resulted in the volume of stocks traded slumping 49 percent, with an 8 percent lower value than on Monday. Market activity led to the exchange of nine securities, compared with nine on Monday, with prices of four rising, three declining and two ending unchanged.

The market closed with an exchange of 181,959 shares worth US$12,055, down  from 353,790 stocks at US$13,093 on Monday.
Trading averaged 20,218 shares at US$1,339 compared to 39,310 stocks at US$1,455 on Monday, with a month to date average of 48,227 units at US$2,592, sinking from 51,028 stocks at US$2,717 on the previous day and June that ended with an average of 591,343 units for US$19,218.
The US Denominated Equities Index popped 1.96 points to settle at 206.82. The Investor’s Choice bid-offer indicator shows four 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 10.3. 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 the market, First Rock Real Estate USD share lost 0.15 of one cent to 1.8 US cents with investors trading 1,003 shares, Margaritaville shed 0.15 of one cent and ended at 8 US cents with 40 stocks clearing the market, Productive Business Solutions increased 1 cent to close at US$1.20 with traders dealing in 86 shares. Proven Investments ended at 10.99 US cents with 88 stock units crossing the exchange, Sygnus Credit Investments popped 0.01 of one cent in closing at 7.12 US cents with traders switching ownership of 55,100 units and Transjamaican Highway rallied 0.05 of a cent to finish at 2.38 US cents after an exchange of 122,626 stocks.
In the preference segment, JMMB Group 7.5% declined 8 cents to US$2.02, with 100 shares investors crossing the market. JMMB Group US8.5% rose 8.98 cents to close at US$1.09 after trading of 2,716 units and Sygnus Credit Investments 8% remained at US$9.50 with traders exchanging 200 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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