Trading drops on USD Market 


Trading dropped on the US Dollar Market of the Jamaica Stock Exchange on Wednesday, with the volume of stocks traded declining 66 percent with a 69 percent lower value than on Tuesday, following an exchange of 12 securities, up sharply from six on Tuesday with prices of five rising, three declining and four ending unchanged.

The market closed with an exchange of 41,837 shares for US$6,179 compared to 124,111 stock units at US$19,989 on Tuesday.
Trading ended with an average of 3,486 shares at a mere US$515 after falling from 20,685 stock units at US$3,332 on Tuesday, with a month to date average of 120,475 units at US$78,154, down from 133,973 stock units at US$87,112 on the previous day and February that ended with an average of 95,098 units for US$6,755.
The US Denominated Equities Index skidded 8.58 points to conclude trading at 271.35. The Investor’s Choice bid-offer indicator shows nostock ending with a bid higher than the last selling price and two with lower offers.
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 trading, AS Bryden declined 2.5 cents to 22.5 US cents with 1,327 shares crossing the market, First Rock Real Estate USD share remained at 3.19 US cents in an exchange of 5 units, Proven Investments ended at 8 US cents with 2,100 shares crossing the market. Sterling Investments shed 0.17 of one cent to finish at 1.98 US cents in trading 1,350 stock units, Sygnus Credit Investments rose 0.46 of one cent and ended at 6.46 US cents with 1,882 stocks passing through the market, Sygnus Real Estate Finance USD share gained 0.3 of one cent to close at 4.5 US cents with traders dealing in 13 shares and Transjamaican Highway ended at 4.7 US cents after dealers swapped 34,601 stocks.
In the preference segment, JMMB Group US8.5% popped by 1 cent to close at US$1.21 with investors trading 200 units, AS Bryden 6% climbed 5 cents to finish at US$1 with 5 units clearing the market. Productive Business Solutions 9.25% remained at US$11.25 after trading of 84 shares, Sygnus Credit Investments 8% increased 1.01 cents in closing at US$10.30 in an exchange of 220 stocks and Sygnus Credit Investments E8.5% fell 45 cents to end at US$9.60 with investors dealing in 50 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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