Trading dives on JSE USD Market


The US Dollar Market of the Jamaica Stock Exchange closed on Thursday, with 90 percent drop in the volume of stocks traded, resulting from a 56 percent decline in value compared with Wednesday, following an exchange of 11 securities, compared with nine on Wednesday with prices of four rising, three declining and four ending unchanged.

The market closed with an exchange of 246,904 shares for US$54,386, down from 2,443,294 stock units at US$123,451 on Wednesday.
Trading ended with an average of 22,446 shares at US$4,944, well off from 271,477 stock units at US$13,717 on Wednesday, with a month to date average of 134,510 units at US$8,892 compared with March that ended with an average of 93,192 units for US$48,041.
The US Denominated Equities Index increased 7.17 points to close at 271.12. The Investor’s Choice bid-offer indicator shows no stock ended with a bid higher than the last selling price and none with a lower offer.
The PE Ratio, one of the most used measures to determine appropriate stock values, averages 9.9. 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, First Rock Real Estate USD share dipped 0.24 of one cent and ended at 2.76 US cents with 14,633 shares changing hands, Margaritaville lost 0.1 of a cent to end at 6.9 US cents with traders dealing in 8,288 stock units, Productive Business Solutions popped 4.99 cents in closing at US$1.02, with 134 shares crossing the market. Proven Investments declined 0.57 of one cent to finish at 7.99 US cents with an exchange of 6,578 stocks, Sterling Investments remained at 1.98 US cents, with 4,990 units clearing the market, Sygnus Credit Investments ended at 6.37 US cents with investors dealing in 1,560 shares. Sygnus Real Estate Finance USD share ended at 4.5 US cents in an exchange of 312 stock units and Transjamaican Highway climbed 0.02 of a cent in closing at 4.67 US cents with investors trading 174,984 units.
In the preference segment, JMMB Group US8.5% rose 3.85 cents and ended at US$1.24 after an exchange of 35,368 stocks. Productive Business Solutions 9.25% remained at US$11 with investors trading 55 shares and Sygnus Credit Investments E8.5% rallied 10 cents to end at US$10 in switching ownership of 2 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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