Trading on the JSE US Dollar Market skids


The Jamaica Stock Exchange US dollar market ended trading on Thursday with increased activity in the preference shares, with a sharp fall in the volume of stocks traded, and the market having its first break of the upward movement this week. Trading ended with an exchange of eight securities, up from four on Wednesday, with prices of six declining and two ending unchanged, following an 88 percent fall in volume of stocks traded, with a 68 percent lower value than on Wednesday.

The market closed with an exchange of 154,487 shares for US$26,574, plunging from 1,313,076 stocks at US$84,040 on Wednesday.
Trading averaged 19,311 shares at US$3,322, dropping from 328,269 stocks at US$21,010 on Wednesday, with a month to date average of 1,115,150 units at US$30,313 compared with 1,250,022 stocks at US$33,635 on the previous day and May that ended with an average of 71,616 units for US$3,425.
The US Denominated Equities Index dipped 1.32 points to 211.30. 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 frequently used measures to determine appropriate stock values, averages 10.4. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2025.
At the close of a low-keyed trading session, First Rock Real Estate USD share sank 0.01 of one cent in closing at 1.95 US cents as investors exchanged 12 shares, Sterling Investments remained at 1.98 US cents closing with an exchange of 270 stock units, Sygnus Credit Investments skidded 0.2 of a cent to end at 7 US cents after an exchange of 2,117 shares and Transjamaican Highway slipped 0.01 of one cent and ended at 2.38 US cents with 138,961 units crossing the market.
In the preference segment, JMMB Group 7.5% shed 1 cent to finish at US$2 with traders dealing in 9,584 stocks, JMMB Group US8.5% ended at US$1 as 3,500 shares changed hands. Sygnus Credit Investments US 8% fell 0.01 of a cent to US$9 with investors exchanging 23 units and Sygnus Credit Investments E8.5% slipped 20 cents to close at US$9.20 with 20 stocks crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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