Trading dives on the JSE USD Market


The Jamaica Stock Exchange US dollar market closed on Tuesday, with the volume of stocks traded declining by 24 percent, with a 56 percent lower value than on Monday, resulting in an exchange of 12 securities, compared with 10 on Monday, ending with prices of three rising, one declining and eight ending unchanged.

The market closed with an exchange of 177,061 shares for US$10,906 compared to 232,839 stocks at US$24,914 on Monday.
Trading averaged 14,755 shares at US$909 compared to 23,284 stocks at US$2,491 on Monday, with a month to date average of 18,632 units at US$1,628 compared to October, with an average of 35,022 units for US$2,855.
The US Denominated Equities Index fell 1.30 points to 189.94. The Investor’s Choice bid-offer indicator shows no stock ending with a bid higher than the last selling price and one with a lower offer.
The PE Ratio, one of the most frequently used measures to determine appropriate stock values, averages 9.3. The PE ratio is computed by using the last traded price divided by projected earnings, computed by ICInsider.com for companies with the financial year ending around August 2026.
At the close, MPC Caribbean Clean Energy gained 2.68 cents in closing at 52 US cents, with the switching of the ownership of 14 shares, Productive Business Solutions ended at 74 US cents as investors exchanged 16 stock units, Proven Investments popped 0.2 of one cent to close at 10.2 US cents in trading 60,166 shares. Sterling Investments remained at 2 US cents after an exchange of 47 units, Sygnus Credit Investments increased 0.7 of a cent and ended at 7.7 US cents with investors swapping 456 stocks, Sygnus Real Estate Finance USD share ended at 6.39 US cents in an exchange of 13 units and Transjamaican Highway declined 0.16 of one cent and ended at 2.4 US cents with investors trading 115,734 stocks.
In the preference segment, JMMB Group 7.5% remained at US$2 with 500 shares passing through the market, JMMB Group US8.5% ended at US$1.15 after trading of 28 stock units. AS Bryden remained at US$1 with an exchange of 1 share, Sygnus Credit Investments 8% ended at US$10, with 36 units clearing the market and Sygnus Credit Investments 8% remained at US$10 in an exchange of 50 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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