The US Dollar Market Index of the Jamaica Stock Exchange slipped on Monday with the volume and value of stocks traded both declining by 94 percent compared with Friday, following an exchange of five securities, down from eight on Friday with prices of three rising, one declining and one ending unchanged.
The market closed with an exchange of 773,033 shares valued at US$37,074 after tumbling from an infrequently large trade of 13,435,457 stock units at US$613,032 on Friday.
Trading ended with an average of 154,607 shares at US$7,415, after a drop from 1,679,432 stock units at US$76,629 on Friday, with a month to date average of 320,217 units at US$14,548 down from 337,116 stock units at US$15,276 on the previous day and April that ended with an average of 121,441 units for US$6,732.
The US Denominated Equities Index dropped 0.54 points to conclude trading at 263.86. The Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and two with lower offers.
The PE Ratio, one of the most used measures to determine appropriate stock values, averages 9.9. ICInsider.com compiles the earnings per share and the PE used in this report. The P/E ratio is derived by dividing the last traded price of a stock by the earnings per share for the financial year ending around August 2026.
At the end of trading, Margaritaville shed 1.03 cents to 5.87 US cents with a transfer of 3,617 shares, Proven Investments rose 0.01 of one cent to 7 US cents with 83,237 units passing through the market, Sterling Investments remained at 2 US cents with a mere one share crossing the exchange. Sygnus Credit Investments rose 0.84 of a cent to finish at 5.99 US cents with investors trading 352 stock units and Transjamaican Highway climbed 0.05 of one cent to end at 4.55 US cents in an exchange of 685,826 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.