Trading dives on the JSE USD Market


The number of stocks trading on the US Dollar Market of the Jamaica Stock Exchange ended on Monday, with the volume of stocks traded diving by 70 percent with a 60 percent lower value than on Friday, resulting in an exchange of 11 securities, up from eight on Friday, with prices of three rising, three declining and five ending unchanged.

A total of 135,178 shares were traded for US$9,177 after falling from 447,663 stock units at US$23,128 on Friday.
Trading ended with an average of 12,289 shares at US$834, after plunging from 55,958 stock units at US$2,891 on Friday, with a month to date average of 38,993 units at US$2,098 compared with 53,680 stock units at US$2,793 on the previous day and well below June that ended with an average of 625,703 units for US$203,999.
The US Denominated Equities Index shed 2.47 points to settle at 244.38. The Investor’s Choice bid-offer indicator shows three 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 12.8. 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 trading, AS Bryden ended at 16.93 US cents with a transfer of 73 stock units, First Rock Real Estate USD share advanced 0.26 of one cent to 2.76 US cents after an exchange of 5 shares, Proven Investments dipped 0.2 of one cent to finish at 6.6 US cents with investors exchanging 3,355 stock units. Quantas Advantage remained at 12 US cents after an exchange of 1,010 stocks, Sterling Investments ended at 2 US cents with investors trading 2,045 shares, Sygnus Credit Investments rose 0.04 of one cent to end at 5.89 US cents with an exchange of 6,027 stocks and Transjamaican Highway fell 0.02 of one cent in closing at 5.27 US cents with 122,361 units passing through the market.
In the preference share segment, JMMB Group US8.5% remained at US$1.20, with investors dealing in 82 stock units, AS Bryden 6% dropped 9.99 cents to end at 90.01 US cents, with a mere one share changing hands. Sygnus Credit Investments 8% ended at US$11 after trading of 19 stocks and Sygnus Credit Investments 8% rallied 45 cents to finish at US$9.20 with traders swapping 200 units.
Closing prices of stocks are those of the last transaction.

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