The Jamaica Stock Exchange US Dollar Market closed on Friday, with a 160 percent jump in the volume of stocks traded, with 155 percent more value than on Thursday, resulting in an exchange of 10 securities, compared with seven on Thursday with prices of three rising, three declining and four ending unchanged.
The market closed with an exchange of 423,400 shares for US$25,911 compared to 162,743 stocks at US$10,161 on Thursday.
Trading ended with an average of 42,340 shares at US$2,591 compared to 23,249 stocks at US$1,452 on Thursday. Trading month to date ended with an average of 165,279 units at US$82,881 compared to 177,332 stock units at US$90,753 on the previous day and June that ended with an average of 625,703 units for US$203,999.
The US Denominated Equities Index increased 5.39 points to end at 284.40. The Investor’s Choice bid-offer indicator shows one stock ending 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 12. 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, AS Bryden ended at 17 US cents following an exchange of 43 stock units, Margaritaville remained at 6 US cents, with 7 shares changing hands, Productive Business Solutions dipped 8 cents to 92 US cents in an exchange of 204 units. Proven Investments fell 0.16 of a cent to close at 6.6 US cents with investors swapping 6,800 stocks, Quantas Advantage advanced 0.01 of one cent to end at 9.62 US cents after an exchange of 2,506 units, Sterling Investments remained at 2 US cents with one share clearing the market. Sygnus Credit Investments ended at 5.55 US cents and closed with an exchange of 23,364 stock units, Sygnus Real Estate Finance USD share popped 0.41 of a cent to finish at 5 US cents with 20,000 stocks crossing the market and Transjamaican Highway rallied 0.42 of one cent and ended at a record closing high of 6.34 US cents in switching ownership of 370,456 shares.
In the preference segment, JMMB Group US8.5% declined 4 cents to end at US$1.20 after an exchange of 19 stock units.
The closing prices of stocks are those of the last transaction