Trading plunged on the Jamaica Stock Exchange US dollar market on Monday, with a 48 percent drop in the volume of stocks traded and having a 58 percent lower value than on Friday, following an exchange of 10 securities, up from only four on Friday and ending with no stock gaining, five declining and five ending unchanged.
The market closed with an exch
ange of 23,932 shares for US$3,328 compared to 45,633 stocks at US$7,963 on Friday.
Trading averaged 2,393 shares at US$333 compared to 11,408 stocks at US$1,991 on Friday, with a month to date average of 13,427 units at US$1,458 compared with 15,879 stocks at US$1,708 on the previous trading day an October that ended with an average of 426,617 shares for US$11,189.
The US Denominated Equities Index sank 7.54 points to wrap up trading at 238.90. 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 best known measures used to determine appropriate stock values, averages 7.2. 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, First Rock Real Estate USD share sank 0.47 of one cent to close at 3.5 US cents after an exchange of 2,435 stocks, Margaritaville remained at 8.99 US cents, with 9 units clearing the market, Proven Investments dipped 0.85 of a cent to finish at 13.95 US cents with 11,716 shares switching owners. Sterling Investments sank 0.05 of a cent and ended at 1.65 US cents with 1,184 stock units crossing the market, 
Sygnus Credit Investments ended at 7 US cents with 200 shares changing hands, Sygnus Real Estate Finance USD share ended at 5 US cents with 2,778 stocks being traded and Transjamaican Highway shed 0.03 of one cent to 2.35 US cents with investors trading 5,068 units. In the preference segment, JMMB Group 5.75% remained at US$1.80, with 454 stock units crossing the exchange, Sygnus Credit Investments US 8% fell 60 cents to finish at US$9.40 with 80 shares changing hands and Sygnus Credit Investments E8.5% ended at US$10 with investors swapping 8 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.