The US dollar market of the Jamaica Stock Exchange closed on Monday, with the volume of stocks traded jumping 223 percent with a 775 percent greater value than on Friday, resulting in an exchange of six securities, compared to seven on Friday with prices of two rising, three declining and one ending unchanged.
The market closed with an exchange of 281,668 shares for US$68,578 compared to 87,202 units at US$7,834 on Friday.
Trading averaged 46,945 stock units at US$11,430 versus 12,457 shares at US$1,119 on Friday, with a month to date average of 229,721 shares at US$7,373 compared with 242,327 units at US$7,093 on the previous day and July with an average of 30,304 units for US$2,118.
The US Denominated Equities Index fell 1.55 points to finish at 219.34.
The PE Ratio, the popular measure in determining stock values, averages 7.8. The PE ratio is calculated based on last traded prices divided by projected earnings computed by ICInsider.com for companies with financial year ending and or around August 2025.
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.
At the close of the market, First Rock Real Estate USD share rallied 0.2 of a cent in closing at 4 US cents after an exchange of 255 stocks, Proven Investments shed 0.2 of a cent to end at 9.8 US cents as 155,866 units passed through the market and 
Transjamaican Highway fell 0.08 of one cent to close at 1.9 US cents as investors exchanged 85,770 shares.
In the preference segment, JMMB Group US8.5% preference share ended at US$1.20 after trading of 32,242 stock units, JMMB Group 5.75% skidded 27.75 cents and ended at US$1.5725 after an exchange of 7,500 shares and Sygnus Credit Investments E8.5% rose 15 cents to end at US$10.15 with investors swapping 35 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading picks up on JSE USD market
August 26, 2024 by
