Trading drops on JSE US Dollar Market


The US Dollar Market of the Jamaica Stock Exchange closed slightly higher on Thursday, even as the volume of stocks traded declined 66 percent, with a 55 percent lower value than on Wednesday, resulting in an exchange of eight securities, down from nine on the preceding day, with prices of two rising, two declining and four ending unchanged.

The market closed with an exchange of 347,887 shares for US$16,393, well below 1,030,861 stock units at US$36,196 on Wednesday.
Trading ended with an average of 43,486 shares at US$2,049 compared to 114,540 stock units at US$4,022 on Wednesday, with a month to date average of 75,201 units at US$3,305 after slipping from 82,890 stock units at US$3,609 on the previous day and April that ended with an average of 121,441 units for US$6,732.
The US Denominated Equities Index popped 1.52 points to finish at 265.83. 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 used measures to determine appropriate stock values, averages 9.8. 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 of trading, AS Bryden ended at 19.92 US cents after an exchange of 5 shares, Productive Business Solutions remained at US$1.20 with 23 stocks clearing the market, Proven Investments dipped 0.01 of one cent to close at 6.99 US cents with an exchange of 7,292 units. Sygnus Credit Investments fell 0.79 of one cent in closing at 5.2 US cents with 17,104 shares crossing the market, Sygnus Real Estate Finance USD share ended at 5.25 US cents with an exchange of 8,312 stock units and Transjamaican Highway popped 0.02 of one cent to finish at 4.62 US cents with investors dealing in 315,135 shares.
In the preference segment, JMMB Group 7.5% advanced 2 cents to US$2.02, with 11 stocks crossing the exchange and JMMB Group US8.5% ended at US$1.10, with investors trading 5 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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