The US Dollar Market of the Jamaica Stock Exchange closed on Monday, with a 27 percent drop in the volume of stocks traded at a 28 percent lower value than on Friday. Trading resulted in an exchange of only six securities, down from 10 on Friday, with prices of three rising and three ending unchanged.
The market closed with an exchange of 344,911 shares for US$15,373, down from 469,587 stock units at US$21,272 on Friday.
Trading ended with an average of 57,485 shares at US$2,562, up from 46,959 stock units at US$2,127 on Friday, with a month to date average of 136,972 units at US$6,593, down from 140,217 stock units at US$6,758 on the previous day, compared with March that ended with an average of 93,192 units for US$48,041.
The US Denominated Equities Index gained 8.43 points to settle at 266.05. The Investor’s Choice bid-offer indicator shows none ended with a bid higher than the last selling price and none with a lower offer.
The PE Ratio, one of the most used measures to determine appropriate stock values, averages 10.4. 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, First Rock Real Estate USD share popped 0.1 of one cent in closing at 3 US cents, with 1,200 shares crossing the exchange, Proven Investments increased by 1.2 cents to 6.7 US cents with trading in 126 stocks, Sygnus Credit Investments ended at 6 US cents after an exchange of 27,729 shares. Transjamaican Highway popped 0.17 of a cent to finish at 4.35 US cents in trading 315,639 stock units.
In the preference share segment, JMMB Group 7.5% remained at US$2 and closed with an exchange of 173 units and AS Bryden 6% ended at US$1 with investors trading 44 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.