The US Dollar Market of the Jamaica Stock Exchange closed on Monday, with a 78 percent fall in the volume of stocks traded, with an 80 percent lower value than on Friday, resulting from an exchange of three securities, compared with five on Friday, with prices of two rising and one declining.
The market closed with an exchange of 156,673 shares for US$8,371 compared to 723,905 stock units at US$40,951 on Friday.
Trading ended with an average of 52,224 shares at US$2,790 compared to 144,781 stock units at US$8,190 on Friday, with a month to date average of 655,830 units at US$214,012 compared with 668,858 stock units at US$218,570 on the previous day and May that ended with an average of 180,903 units for US$8,607.
The US Denominated Equities Index climbed 7.61 points to settle at 241.28. The Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and none with a lower offer.
The PE Ratio, one of the most used measures to determine appropriate stock values, averages 7.3. ICInsider.com compiles the earnings per share and the PE used in this report. The PE 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 close of trading on the market, Productive Business Solutions gained 18 cents to close at 60 US cents with investors trading 795 stocks, Proven Investments fell 0.52 of a cent to 6.38 US cents in an exchange of 1,599 units and Transjamaican Highway popped 0.05 of a cent and ended at 5.06 US cents with 154,279 shares changing hands.
Prices of securities trading are those for the last transaction.