The Jamaica Stock Exchange US dollar market closed on Monday, with a 157 percent jump in the volume of stocks traded, valued 78 percent more than on Friday. Trading resulted in an exchange of seven securities, compared with eight on Friday, with prices of two rising, two declining and three ending unchanged.
The market closed after an exchange of 363,093 shares for a consideration of US$15,846 after climbing from 141,184 stock units at US$8,883 on Friday.
Trading averaged 51,870 shares at US$2,264, after jumping from 17,648 stocks at US$1,110 on Friday, with a month to date average of 29,738 units at US$1,611 compared with 27,849 stock units at US$1,555 on the previous day and October that closed with an average of 35,022 units for US$2,855.
The US Denominated Equities Index declined 0.41 points to end at 193.66. The Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and none with a lower offer.
The PE Ratio, one of the most used measures to determine appropriate stock values, averages 9.3. The PE ratio is computed by dividing the last traded price by projected earnings, as computed by ICInsider.com for companies with the financial year ending around August 2026.
At the close of the market, First Rock Real Estate USD share remained at 3 US cents after trading of 209 shares, Proven Investments shed 1 cent in closing at 9 US cents with 6,516 stock units in switching owners, Sterling Investments popped 0.01 of a cent to 2 US cents with investors dealing in 94,938 shares. Sygnus Real Estate Finance USD share popped 0.39 of a cent to finish at 6.39 US cents with 149 stocks being traded and Transjamaican Highway ended at 2.72 US cents following the trading of 260,684 stock units.
In the preference segment, Productive Business Solutions 9.25% sank 75 cents to close at US$10.25 after a transfer of 587 shares and Sygnus Credit Investments E8.5% remained at US$10.25 as investors exchanged 10 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.