Trading climbed back from Thursday’s depressed levels on the Jamaica Stock Exchange US dollar market ended on Friday, with the volume of stocks changing hands rising 393 percent valued 782 percent more than on Thursday and resulting in trading of five securities, compared to three on Thursday with none rising, three declining and two ending unchanged.
A total of 49,892 shares were traded for US$8,545, up sharply from just 10,110 units at a mere US$968 on Thursday.
Trading averaged 9,978 units at US$1,709, versus 3,370 shares at US$323 on Thursday, with a month to date average of 29,349 shares at US$1,693 compared with 31,248 units at US$1,691 on the previous day, well down on November with an average of 249,102 units for US$14,204.
The US Denominated Equities Index sank 4.56 points to close at 219.33.
The PE Ratio10.2. The PE ratio is computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending and or around August 2024.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and none with a lower offer.
At the close, MPC Caribbean Clean Energy ended at 57 US cents after 32 units passed through the market, 
Productive Business Solutions ended at US$1.55 after 33 stocks were traded, Proven Investments slipped 0.43 of a cent to 13.09 US cents after 18,770 shares were traded and Transjamaican Highway dipped 0.02 of a cent to end at 1.68 US cents, with 25,739 stock units crossing the market.
In the preference segment, JMMB Group 6% fell 1 cent to close at US$1.05 while exchanging 5,318 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading picks up on the JSE USD Market
December 15, 2023 by
