Stocks closed higher on the Jamaica Stock Exchange US dollar market on Thursday, resulting in an 82 percent expansion in the number of stocks traded, at a 72 percent greater value than on Wednesday. Market activity ended with an exchange of six securities, down from eight on Wednesday, with prices of two rising and four ending unchanged.
The market closed with an exchange of 197,386 shares for US$7,857, a rise from 108,254 units at US$4,577 on Wednesday.
Trading ended with an average of 32,898 shares at US$1,310, increasing from 13,532 stock units at US$572 on Wednesday, with a month to date average of 46,842 units at US$2,047, after sliding from 48,261 stock units at US$2,122 on the previous day and November that ended with an average of 36,788 units for US$2,343.
The US Denominated Equities Index popped 0.54 points to conclude trading at 206.30. The Investor’s Choice bid-offer indicator shows no 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. Earnings used in this report are compiled by ICInsider.com for companies with their financial year ending around August 2026.
At the close of the market, Productive Business Solutions remained at 92 US cents after trading 250 shares, Proven Investments climbed 0.01 of a cent in closing at 8.51 US cents with 24,748 stock units passing through the market, Sterling Investments ended at 2 US cents in an exchange of 22 shares. Sygnus Credit Investments ended at 6.88 US cents with 5,343 units clearing the market, Sygnus Real Estate Finance USD share ended at 5 US cents with an exchange of 3,123 stocks and Transjamaican Highway rose 0.02 of a cent to finish at 3.05 US cents with 163,900 shares crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise