Trading picked up on the US Dollar Market of the Jamaica Stock Exchange on Friday, following an exchange of 10 securities, up from eight on Thursday, with prices of three rising, four declining and three ending unchanged, with a 34 percent jump in the value of stocks changing hands and an 11 percent fall in the volume traded, compared to Thursday.
The market closed with an exchange of 295,057 shares for US$32,505 compared to 333,375 stock units at US$24,183 on Thursday.
Trading ended with an average of 29,506 shares at US$3,251 compared to 41,672 stock units at US$3,023 on Thursday, with a month to date average of 36,128 units at US$2,428 in contrast to 37,968 stock units at US$2,200 on the previous day and well below trading in February that ended with an average of 95,098 units for US$6,755.
The US Denominated Equities Index rose 0.11 points to 281.11. The Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and one with a lower offer.
The PE Ratio, one of the most used measures to determine appropriate stock values, averages 10.3. 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 remained at 3.2 US cents after an exchange of 1,867 shares, Margaritaville ended at 8.05 US cents with investors swapping 10 units, MPC Caribbean Clean Energy remained at 39 US cents after an exchange of 280 shares. Proven Investments rose 0.06 of a cent to end at 8.56 US cents in trading 227 stocks, Sygnus Credit Investments rallied 0.28 of a cent in closing at 6.3 US cents with 65,050 stocks crossing the market and Transjamaican Highway lost 0.05 of one cent to finish at 4.7 US cents as investors exchanged 224,570 shares.
In the preference segment, JMMB Group US8.5% dipped 8.99 cents to US$1.21 in switching ownership of 1,488 stock units, Productive Business Solutions 9.25% popped 10 cents to finish at US$11.10, following trading of 5 units, Sygnus Credit Investments 8% sank US$1.197 and ended at US$9.303 with an exchange of 1,444 stocks and Sygnus Credit Investments E8.5% skidded 8 cents to end at US$10.05, after 116 units passed through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.