Trading pulled sharply on the US Dollar Market of the Jamaica Stock Exchange at the close on Friday, with a 90 percent drop in the volume of stocks traded, with a 99 percent lower value than on Thursday, resulting in an exchange of nine securities, compared with six on Thursday, with prices of five rising, one declining and three ending unchanged.
The market closed with an exchange of 257,807 shares for US$12,350 compared to 2,598,880 stock units at US$847,483 on Thursday.
Trading ended with an average of 28,645 shares at US$1,372, down from 433,147 stocks at US$141,247 on Thursday. The month to date averages 1,097,601 units at US$367,460, below 1,247,923 stock units at US$418,941 on the previous day and well ahead of May, with an average of 180,903 units for US$8,607.
The US Denominated Equities Index gained 1.65 points to close at 234.13. The Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and one with a lower offer.
The PE Ratio, one of the most used measures to determine appropriate stock values, averages 7.6. ICInsider.com compiles the earnings per share and the PE used in this report. The P/E ratio is derived by dividing the last traded price of a stock by the earnings per share for the financial year ending around August 2026.
At the close, First Rock Real Estate USD share popped 0.01 of one cent to close at 2.87 US cents, with investors trading 8,519 shares, Margaritaville gained 1.09 cents to 6.96 US cents, with 100 stocks changing hands, Proven Investments remained at 6.95 US cents after 1,129 units passed through the market. Sterling Investments ended at 1.99 US cents after trading of 350 shares, Sygnus Credit Investments rose 0.04 of one cent to end at 5.89 US cents with 5,141 stock units clearing the market, Sygnus Real Estate Finance USD share slipped 0.66 of one cent in closing at a 52 weeks low of 3.75 US cents following trading of 45,293 shares and Transjamaican Highway closed at 4.78 US cents after a transfer of 197,210 stocks.
In the preference segment, Productive Business Solutions 9.25% rallied US$1.35 and ended at US$10.70, with 30 units crossing the exchange and Sygnus Credit Investments 8% increased US$1.49 to finish at US$10 following trading of 35 stock units.
Prices of stocks trading are those for the last transaction of each stock unless otherwise stated.