Trading jumped on the US Dollar Market of the Jamaica Stock Exchange on Tuesday, with a 387 percent jump in the volume of stocks traded, with a 316 percent rise in value compared with Monday, resulting in an exchange of 10 securities, compared with nine on Monday, with prices of three rising, four declining and three ending unchanged.
The market closed with an exchange of 523,207 shares for US$20,031 compared to 107,514 stock units at US$4,811 on Monday.
Trading ended with an average of 52,321 shares at US$2,003 compared to 11,946 stock units at US$535 on Monday, with a month to date average of 29,775 units at US$1,207 compared with 17,250 stock units at US$765 on the previous day and December, with an average of 75,710 units for US$4,415.
The US Denominated Equities Index advanced 0.75 points to finish at 211.80. 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 8.7. 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, First Rock Real Estate USD share fell 0.45 of a cent to finish at 2.55 US cents after 200 shares passed through the market, Margaritaville rose 0.98 of one cent and ended at 7.48 US cents with trading of 53 stock units, Productive Business Solutions remained at US$1, with just 3 shares crossing the market. Proven Investments declined 0.47 of a cent to close at 9.5 US cents, with investors swapping 59,967 stocks,
Sterling Investments sank 0.1 of one cent to end at 1.9 US cents, with 31 stock units changing hands, Sygnus Credit Investments skidded 0.01 of one cent to close at 6.55 US cents, with investors trading 10,310 stocks. Sygnus Real Estate Finance USD share rallied 0.52 of a cent to 6.23 US cents in switching ownership of a mere 3 stock units and Transjamaican Highway increased 0.21 of a cent in closing at 3.18 US cents, with investors dealing in 452,633 shares.
In the preference segment, JMMB Group 7.5% ended at US$2 and closed with 4 stock units being traded and AS Bryden 6% remained at US$1 with traders dealing in 3 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.