The US Dollar Market of the Jamaica Stock Exchange Index climbed on Monday, with the volume of stocks traded falling a hefty 93 percent with a 99 percent lower value than on Friday, resulting from an exchange of 10 securities, compared with nine on Friday, with prices of five rising and five ending unchanged.
The market closed with an exchange of 222,238 shares for US$21,598 after tumbling from 3,291,527 stock units at US$2,445,825 on Friday.
Trading ended with an average of 22,224 shares at US$2,160, after declining from 365,725 stock units at US$271,758 on Friday, with a month to date average of 77,475 units at US$37,061 compared with 85,846 stock units at US$42,349 on the previous day and well below June with an average of 625,703 units for US$203,999.
The US Denominated Equities Index gained 16.77 points to finish at 279.34. The Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and none with a lower offer.
The PE Ratio, one of the most used measures to determine appropriate stock values, averages 12.5. ICInsider.com compiles the earnings per share and the PE used in this report. The PE 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 of trading, Margaritaville remained at 5.5 US cents with 833 units crossing the market, Productive Business Solutions rose 20.65 cents to US$1 after the trading of 6,000 stocks, Proven Investments ended at 6.79 US cents with investors transferring 8,441 shares. Quantas Advantage climbed 1 cent to close at 13 US cents in trading 39,233 stock units, Sterling Investments ended at 2 US cents after a transfer of 4,899 shares, Sygnus Credit Investments remained at 5.89 US cents with investors swapping 1,066 stock units. Sygnus Real Estate Finance USD share and ended at 4.5 US cents with traders dealing in 252 shares and Transjamaican Highway advanced 0.11 of a cent to close at a record high of 5.61 US cents with an exchange of 161,359 stocks.
In the preference segment, JMMB Group US8.5% ended at US$1.20 with 137 shares clearing the market and Sygnus Credit Investments 8% gained 10 cents and ended at US$11.20 with investors trading 18 stocks.
Closing prices of stocks trading are those of the last transaction.