The US dollar market of the Jamaica Stock Exchange closed on Monday, with the volume of stocks traded declining 15 percent and the value 28 percent lower than on Friday, following an exchange of 10 securities, compared with seven on Friday, with prices of two rising, four declining and four ending unchanged.
The market closed with an exchange of 138,831 shares for US$7,736 after falling from 164,203 stock units at US$10,792 on Friday.
Trading averaged 13,883 shares at US$774 after skidding from 23,458 stock units at US$1,542 on Friday, with a month to date average of 40,827 units at US$1,848, declining from 44,569 stock units at US$1,998 on the previous trading day and compared with November, with an average of 36,788 units for US$2,343.
The US Denominated Equities Index dropped 4.53 points to close at 203.18. The Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and one with a lower offer.
The PE Ratio, one of the most used measures to determine appropriate stock values, averages 8.1. The PE ratio is derived by dividing the last traded price by earnings per share. The earnings used for this report are compiled by ICInsider.com for companies with their financial year ending around August 2026.
At the close of the market, Margaritaville sank 1.2 cents to finish at 6.8 US cents after a transfer of 3,724 shares, Productive Business Solutions fell 15 cents and ended at 80 US cents with 7 stock units changing hands, Proven Investments popped 0.44 of a cent to 9.45 US cents after trading of 5,005 shares. Sterling Investments ended at 2 US cents with 5,850 units clearing the market, Sygnus Credit Investments popped higher by 0.01 of one cent in closing at 6.09 US cents with 92,838 stocks switching owners, Sygnus Real Estate Finance USD share ended at 5.7 US cents with trading of 261 units and Transjamaican Highway slipped 0.02 of a cent to 3.01 US cents with an exchange of 31,054 stocks.
In the preference segment, JMMB Group US8.5% ended at US$1.18 in changing ownership of 70 shares, AS Bryden remained at US$1 with investors swapping 5 stock units and Productive Business Solutions 9.25% declined 24.99 cents to finish at US$10.65 in an exchange of 17 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.