Trading plunged on the US Dollar Market of the Jamaica Stock Exchange on Tuesday, with the volume of stocks traded declining 90 percent at a 98 percent lower value than on Monday, following trading of six securities, down from 10 on Monday. At the close, the prices of five st
ocks declined and one ended unchanged.
The market closed with an exchange of only 124,111 shares at US$19,989 after tumbling from 1,213,201 stock units at US$898,871 on Monday.
Trading ended with an average of 20,685 shares at US$3,332, with a decrease from 121,320 stock units at US$89,887 on Monday, with a month to date average of 133,973 units at US$87,112 compared with 140,909 stock units at US$92,241 on the previous day and February, with an average of 95,098 units for US$6,755.
The US Denominated Equities Index slipped 8.49 points to close at 279.93. The Investor’s Choice bid-offer indicator shows no stock ending with the bid higher than the last selling price nor with a lower offer.
The PE Ratio, one of the most used measures to determine appropriate stock values, averages 10.3. The PE ratio is derived by dividing the last traded price by earnings per share. ICInsider.com compiles the earnings per share used in this report for companies with their financial year ending around August 2026.
At the close of the market, Productive Business Solutions declined by 23.99 cents to end at US$1 after trading 14,188 shares, Proven Investments remained at 8 US cents with 9,932 units changing hands, Sygnus Credit Investments declined 0.02 of one cent to close at 6 US cents after dealers exchanged 5,046 shares. Sygnus Real Estate Finance USD share shed 0.3 of one cent to end at 4.2 US cents with 10,133 stock units clearing the market and Transjamaican Highway slipped 0.01 of one cent to finish at 4.7 US cents, following trading of 84,787 stocks.
In the preference segment, Sygnus Credit Investments 8% dipped 1.01 cents in closing at US$10.29 as investors exchanged 25 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.