The JSE US Dollar market of the Jamaica Stock Exchange closed higher on Wednesday, with the volume of stocks traded falling 45 percent following a 23 percent drop in the value compared to Tuesday. Transjamaican Highway was the dominant trade for the day, following an exchange of 10 securities, as was the case on Tuesday, with prices of two rising, four declining and four ending unchanged.
The market closed with an exchange of just 221,580 shares for US$16,385 compared to 406,384 stock units at US$21,373 on Tuesday.
The average trade ended at 22,158 shares at US$1,639, after sliding from 40,638 stock units at US$2,137 on Tuesday, with a month to date average of 82,954 units at US$5,390, with a decrease from 103,219 stock units at US$6,640 on the previous day and March that ended with an average of 93,192 units for US$48,041.
The US Denominated Equities Index rallied 4.79 points to conclude trading at 267.29. The Investor’s Choice bid-offer indicator shows no stock ending with the bid higher than the last selling price and two with lower offers.
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 of trading, AS Bryden remained at 22.9 US cents as investors traded 91 shares, Margaritaville ended at 7 US cents with a transfer of 40 units, Productive Business Solutions dipped 3.01 cents to close at US$1.02, after an exchange of 100 shares. Proven Investments dipped 0.01 of one cent in closing at 7.98 US cents with investors trading 19,061 stock units, Sterling Investments rallied 0.3 of a cent to finish at 1.98 US cents after an exchange of 677 stock units, Sygnus Credit Investments declined 0.08 of one cent and ended at 6.3 US cents with investors dealing in 4,915 units. Sygnus Real Estate Finance USD share ended at 4.5 US cents with 2,828 stocks crossing the market and Transjamaican Highway popped 0.05 of a cent to close at 4.54 US cents with traders dealing in 193,339 shares.
In the preference segment, Productive Business Solutions 9.25% remained at US$10.99 after investors swapped 400 stock units and Sygnus Credit Investments E8.5% sank 8 cents in closing at US$9.92 with 129 shares clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.