The Jamaica Stock Exchange US dollar market closed on Friday, resulting in an exchange of eight securities, compared with nine on Thursday, with prices of three rising, two declining and three ending unchanged. The volume of stocks traded fell 79 percent, with a 66 percent lower value than on Thursday.
The market closed with an exchange of 234,618 shares for US$22,007, down from 1,092,929 stock units at US$65,621 on Thursday.
Trading averaged 29,327 shares at US$2,751 compared to 121,437 stock units at US$7,291 on Thursday, with a month to date average of 230,225 units at US$7,357 compared with 282,069 stocks at US$8,545 on the previous day and August that ended with an average of 261,739 units for US$8,269.
The US Denominated Equities Index popped 1.52 points to close at 204.47. The Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and none with a lower offer.
The PE Ratio, one of the most frequently used measures to determine appropriate stock values, averages 10.3. 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 2026.
At the close, First Rock Real Estate USD share rallied 0.05 of a cent to close at 2 US cents after a transfer of 497 shares, Margaritaville dipped 1.2 cents to 6.79 US cents and closed with an exchange of just 2 stocks, Proven Investments ended at 10 US cents with an exchange of 36,302 units. Sterling Investments remained at 2.08 US cents, with 939 shares changing hands. Sygnus Credit Investments rose 0.99 of a cent to end at 8 US cents in an exchange of 79,976 stock units and Transjamaican Highway climbed 0.05 of a cent to finish at 2.45 US cents with investors trading 112,845 shares.
In the preference segment, JMMB Group US8.5% ended at US$1.131, after 3,500 units passed through the market and Sygnus Credit Investments 8% sank 0.1 of one cent to US$10 with a transfer of 557 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.