Trading jumped on the US Dollar Market of the Jamaica Stock Exchange on Friday, with the volume and value of stocks traded rising 108 and 55 percent respectively compared with Thursday’s activities, resulting in an exchange of 11 securities, up from eight on Thursday with prices of three rising, two declining and six ending unchanged.
The market closed with an exchange of 1,084,551 shares for US$79,042 after increasing from 522,273 stocks at US$51,007 on Thursday. Trading ended with an average of 98,596 shares at US$7,186 after rising from 65,284 units at US$6,376 on Thursday, with a month to date average of 72,418 units at US$5,859, compared to 62,819 stocks at US$5,372 on the previous day and August that ended with an average of 115,072 units for US$12,480.
The US Denominated Equities Index popped by just 0.09 points to close at 315.49. The Investor’s Choice bid-offer indicator shows none 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 16.2. 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 trading, First Rock Real Estate USD share remained at 1.85 US cents with investors trading 69 stocks, Margaritaville climbed 1.56 cents and ended at 5.89 US cents after an exchange of 137 units, MPC Caribbean Clean Energy ended at 22.99 US cents with a transfer of 112 shares. Productive Business Solutions ended at 85 US cents as investors exchanged 2 stock units, Proven Investments remained at 5.6 US cents in switching ownership of 96,824 shares, Quantas Advantage ended at 11.02 US cents with 700 stocks crossing the market. Sterling Investments dipped 0.2 of one cent to 2.2 US cents in an exchange of 1,228 units, Sygnus Credit Investments increased 0.02 of one cent to finish at 5.9 US cents with a transfer of 20,952 stock units and Transjamaican Highway lost 0.21 of one cent and ended at 7.15 US cents in trading 964,514 shares.
In the preference segment, AS Bryden 6% rose 15 US cents with trading of 10 stocks at US$1 and Productive Business Solutions 9.25% remained at US$11.60 with 3 stocks passing through the market.
Prices of securities trading are those of the last transaction.