Trading on the Jamaica Stock Exchange US dollar market ended on Wednesday, with the volume of stocks changing hands rising 6 percent but with a 52 percent lower value than on Tuesday, resulting in trading of five securities, compared to 10 on Tuesday with one rising, two declining and two ending unchanged.
Overall, 268,786 shares were traded, for US$4,988 compared to 252,693 units at US$10,412 on Tuesday.
Trading averaged 53,757 units at US$998, versus 25,269 shares at US$1,041 on Tuesday, with a month to date average of 39,399 shares at US$1,089 compared with 34,613 units at US$1,119 on the previous day, down from September with an average of 73,281 units for US$5,102.
The US Denominated Equities Index fell 1.83 points to conclude trading at 254.05.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.6. The PE ratio is computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, First Rock Real Estate USD share climbed 0.12 of a cent to 4.2 US cents in an exchange of 5,383 shares, Sterling Investments dipped 0.05 of a cent to close at 1.7 US cents in an exchange of 8,900 units. Sygnus Credit Investments remained at 9.02 US cents in an exchange of 22 stocks, Sygnus Real Estate Finance USD share ended at 10 US cents after exchanging 990 stock units and Transjamaican Highway lost 0.1 of a cent and ended at 1.7 US cents after 253,491 shares passed through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading falls on the JSE USD Market
October 4, 2023 by
