Trading jumped relatively sharply on the US Dollar Market of the Jamaica Stock Exchange on Thursday, with the volume of stocks traded surging 945 percent a huge 1,252 percent jump in value over Wednesday, following an exchange of merely five securities, sliding from 10 on Wednesday, with prices of two declining and three ending unchanged.
The market closed with an exchange of 648,959 shares for US$46,908, jumping from 62,084 stock units at US$3,469 on Wednesday.
Trading ended with an average of 129,792 shares at US$9,382, after a surge from 6,208 stock units at US$347 on Wednesday, with a month to date average of 147,024 units at US$7,096, after skidding from 147,677 stock units at US$7,009 on the previous day and March that ended with an average of 93,192 units for US$48,041.
The US Denominated Equities Index sank 5.94 points to close at 260.61. 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 10.2. 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 remained at 22.9 US cents after a transfer of 95 shares, Proven Investments ended at 7 US cents with 14,304 stock units passing through the market, Sygnus Credit Investments remained at 6 US cents with investors dealing in 29,105 shares and Transjamaican Highway dropped 0.2 of a cent to close at 4 US cents after an exchange of 603,437 units.
In the preference segment, Sygnus Credit Investments 8% fell 79 cents and ended at US$10 with a transfer of 2,018 stocks.
Prices of traded securities are for the last transaction of each stock unless otherwise stated.