Trading drops on the JSE USD Market


Trading dropped on the US Dollar Market of the Jamaica Stock Exchange on Tuesday, with the volume and value of stocks declining by 81 percent compared with trading on Monday, resulting from an exchange of four securities, compared with eight on Monday with prices of two rising and two declining.

The market closed with an exchange of 171,212 shares for US$10,376, down sharply from 887,366 stock units at US$55,429 on Monday.
Trading ended with an average of 42,803 shares at US$2,594 compared to 110,921 stock units at US$6,929 on Monday, with a month to date average of 141,269 units at US$57,459 compared with 143,686 stock units at US$58,805 on the previous day and June with an average of 625,703 units for US$203,999.
The US Denominated Equities Index popped 5.89 points to settle at 283.78. 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 13.6. 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 a day of reduced trading,  First Rock Real Estate USD share dropped 0.02 of one cent to close at 1.9 US cents with an exchange of 9,362 stock units, Proven Investments shed 0.1 of a cent to end at 6 US cents after 3,624 shares passed through the market, Sygnus Credit Investments advanced 0.5 of a cent in closing at 5.5 US cents in an exchange of 3,744 units and Transjamaican Highway popped 0.18 of a cent and ended at a record high of 6.49 US cents with investors trading 154,482 stocks.

Prices of securities are those of the last transaction.

About IC Insider.com