The Jamaica Stock Exchange US dollar market closed on Monday, with the volume of traded stocks jumping 660 percent, with a 179 percent greater value than on Friday, resulting in an exchange of eight securities, compared with seven on Friday, with the price of one rising, three declining and four ending unchanged.
The market closed with an exchange of 231,242 shares for US$8,374, after jumping from 30,428 stocks at US$3,003 on Friday.
Trading averaged 28,905 shares at US$1,047, rising from 4,347 stock units at US$429 on Friday, with a month to date average of 22,677 units at US$1,401 compared with 21,570 stocks at US$1,464 on the previous day and October, ending with an average of 35,022 units for US$2,855.
The US Denominated Equities Index dipped 0.35 points to finish at 191.90. The Investor’s Choice bid-offer indicator shows no stock ending with the bid higher than the last selling price and one with a lower offer.
The PE Ratio, one of the most frequently used measures to determine appropriate stock values, averages 9.4. The PE ratio is computed by using the last traded price divided by projected earnings, calculated by ICInsider.com, for companies with financial year ending around August 2026.
At the close of trading, First Rock Real Estate USD share declined 0.2 of a cent to end at 3 US cents and closing with 5 shares being traded, Proven Investments sank 0.05 of one cent to 10.13 US cents with investors dealing in 2,374 stocks, Sterling Investments ended at 2 US cents after an exchange of 707 shares. Sygnus Real Estate Finance USD share remained at 6.39 US cents with 1,765 stocks changing hands and Transjamaican Highway slipped 0.04 of one cent to finish at 2.58 US cents after brokers transferred 224,722 stock units.
In the preference segment, JMMB Group US8.5% increased 5 cents and ended at US$1.20 with traders switching ownership of 1,650 shares. Productive Business Solutions 9.25% ended at US$10.85 with 5 stock units crossing the market and Sygnus Credit Investments 8% remained at US$10 in an exchange of 14 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.