Trading drops on the JSE USD Market


Trading ended with a 31 percent drop in volume and a 39 percent decline in value compared with Tuesday, at the close of the US Dollar Market of the Jamaica Stock Exchange on Wednesday, resulting from an exchange of 10 securities, compared with 12 on Tuesday, with prices of four rising, two declining and four ending unchanged.

First Rock traded at a 52 weeks high on Wednesday.

The market closed with an exchange of 408,120 shares for US$24,622, falling from 587,819 stocks at US$40,219 on Tuesday.
Trading ended with an average of 40,812 shares worth  US$2,462 after sliding from 48,985 stock units at US$3,352 on Tuesday, with a month to date average of 32,177 units at US$10,249, which is well aligned with 31,206 stock units at US$11,124 on the previous day, but well lower than December, with an average of 75,710 units for US$4,415.
The US Denominated Equities Index increased 1.68 points to finish at 228.93, for a year to date gain of 8 percent. The Investor’s Choice bid-offer indicator shows two 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 10. 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 of the market, First Rock Real Estate USD share advanced 0.19 of one cent to end at a 52 weeks high of 3.5 US cents with 8 shares changing hands, Margaritaville ended at 9 US cents in trading of 300 stocks, Productive Business Solutions remained at US$1.30 with 45 units crossing the market. Proven Investments slipped 0.02 of a cent to close at 9.85 US cents with trading in 67,408 shares, Sygnus Credit Investments rose 0.09 of a cent to finish at 6.67 US cents with 3,112 stock units crossing the market, Sygnus Real Estate Finance USD share fell 0.04 of a cent and ended at 6.19 US cents with dealers switching ownership of 7,113 shares and Transjamaican Highway climbed 0.14 of a cent to 3.24 US cents with investors trading 329,400 stocks.
In the preference segment, JMMB Group 7.5% ended at US$2 with an exchange of 10 units, JMMB Group US8.5% increased 27 cents to end at a 52 weeks high of US$1.30 with 5 stock units passing through the market and Sygnus Credit Investments 8% remained at US$10 as investors exchanged 719 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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