Investor interest spiked on Wednesday in trading on the Jamaica Stock Exchange US dollar market, resulting in a 267 percent spike in the volume of stocks traded, having a 109 percent greater value than on Tuesday. Trading ended with an exchange of eight securities, compared with seven on Tuesday, with prices of three rising, two declining and three ending unchanged.
The market closed with an exchange of 108,254 shares for US$4,577 after surging from 29,472 stock units at US$2,193 on Tuesday. Trading averaged 13,532 shares at US$572 with an increase from 4,210 stock units at US$313 on Tuesday, with a month to date average of 48,261 units at US$2,122 after dipping from 53,708 stock units at US$2,365 on the previous day and November that ended with an average of 36,788 units for US$2,343.
The US Denominated Equities Index increased 0.49 points to close trading at 205.75. 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 8.6. The PE ratio is derived by dividing the last traded price by earnings per share. ICInsider.com computes the earnings used for this report for companies with their financial year ending around August 2026.
At the close of the market, First Rock Real Estate USD share ended at 2.99 US cents with investors trading 300 shares, MPC Caribbean Clean Energy sank 4.33 cents to 24.57 US cents with an exchange of 9 stock units, Proven Investments remained at 8.5 US cents, with 17,003 shares crossing the market. Sterling Investments increased 0.01 of a cent to end at 2 US cents as investors exchanged 5 stocks, Sygnus Real Estate Finance USD share dipped 0.03 of a cent in closing at 5 US cents with a transfer of 8,322 stock units and Transjamaican Highway popped 0.03 of a cent to finish at 3.03 US cents following trading of 82,599 stocks.In the preference segment, Productive Business Solutions 9.25% remained at US$10.90 with 5 shares crossing the exchange and Sygnus Credit Investments 8% advanced by US$1.50 to US$10 with traders dealing in 11 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.