Trading drops on JSE USD Market


The US Dollar Market of the Jamaica Stock Exchange closed higher on Monday, following a 58 percent decline in the number of stocks traded, with a 57 percent lower value than on Friday. Trading resulted in an exchange of seven securities, compared with eight on Friday, with prices of three rising, two declining and two ending unchanged.

The market closed following an exchange of 246,534 shares for US$12,148, down from 588,868 stocks at US$28,215 on Friday.
Trading ended with an average of 35,219 shares at US$1,735 compared to 73,609 stock units at US$3,527 on Friday, with a month to date average of 55,693 units at US$2,691 compared with April with an average of 121,441 units for US$6,732.
The US Denominated Equities Index increased 1.37 points to 261.73. The Investor’s Choice bid-offer indicator shows one stock 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 10.1. 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, Margaritaville ended at 7 US cents with investors trading 4 shares, Proven Investments advanced 0.99 of one cent to 7.2 US cents, with 25,419 stocks crossing the market, Sterling Investments remained at 2 US cents with investors dealing in 2,240 shares. Sygnus Credit Investments skidded 0.09 of a cent and ended at 5.9 US cents, after 12,756 units passed through the market, Sygnus Real Estate Finance USD share lost 0.24 of a cent to end at 5.01 US cents in switching ownership of 1,958 stock units and Transjamaican Highway popped 0.11 of one cent to close at 4.6 US cents with investors swapping 204,121 shares.

In the preference share segment, Productive Business Solutions 9.25% rallied 25 cents to US$10.90 with a transfer of 36 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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