Trading drops on the JSE USD market


The Jamaica Stock Exchange US dollar market closed on Tuesday, with a 60 percent decline in the volume of stocks traded, accompanied by a 68 percent lower value than on Monday, resulting in an exchange of eight securities, compared with seven on Monday, with prices of three rising, four declining and one ending unchanged.

The market closed with an exchange of 146,298 shares for US$5,051, sinking from 363,093 stock units at US$15,846 on Monday.
Trading averaged 18,287 shares valued at US$631, dropping from 51,870 stock units at US$2,264 on Monday, with a month to date average of 28,794 units at US$1,530 compared with 29,738 shares at US$1,611 on the previous day and October with an average of 35,022 units for US$2,855.
The US Denominated Equities Index gained 2.39 points to 196.05. The Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and none with a lower offer.
The PE Ratio, one of the most frequently used measures to determine appropriate stock values, averages 9.4. The PE ratio is calculated by dividing the last traded price by projected earnings, as determined by ICInsider.com for companies with a financial year end, around August 2026.
At the close of the market, MPC Caribbean Clean Energy sank 5.03 cents to end at 39.97 US cents as investors exchanged a mere one share, Productive Business Solutions climbed 6 cents to 80 US cents with 20 stock units clearing the market, Proven Investments increased 1 cent to close at 10 US cents after an exchange of 54 shares. Sygnus Credit Investments declined 0.6 of one cent to finish at 7 US cents with investors trading 7,500 units, Sygnus Real Estate Finance USD share lost 0.96 of one cent and ended at 5.43 US cents with ownership of 3,509 stocks being changed and Transjamaican Highway popped 0.02 of a cent in closing at 2.74 US cents as investors swapped 134,596 shares.
In the preference segment, JMMB Group US8.5% dipped 9.99 cents to US$1.05 with an exchange of 616 units and AS Bryden ended at US$1 with 2 stocks crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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