Only one stock fell on the Jamaica Stock Exchange US dollar market at the close on Friday, with prices of five rising and five ending unchanged, arising from an exchange of 11 securities, up from eight on Thursday. The market closed with a 50 percent decline in the volume of stocks traded, with a 61 percent lower value than on Thursday.
The market closed with an exchange of 433,666 shares for US$22,834, down from 870,827 stocks at US$59,277 on Thursday.
Trading averaged 39,424 shares at US$2,076, down from 108,853 stocks at US$7,410 on Thursday, with a month to date average of 264,272 stock units at US$11,040, close to the 282,458 shares at US$11,765 on the previous day and well above March that ended with an average of 92,288 units for US$8,588.
The US Denominated Equities Index lost 11.22 points to close at 212.21. 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 frequently used measures to determine appropriate stock values, averages 11.4. 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 of trading, AS Bryden shed 3.98 cents and ended at 16 US cents with just one share crossing the market, First Rock Real Estate USD share remained at 1.99 US cents with investors dealing in 5 units, Margaritaville ended at 8.2 US cents, with 4,738 shares clearing the market. Productive Business Solutions advanced 2 cents in closing at US$1.43 with an exchange of 38 stock units, Proven Investments rose 0.44 of one cent to close at 11 US cents in trading 111,964 stocks, Sterling Investments ended at 1.96 US cents with a transfer of 2,540 shares. Sygnus Credit Investments remained at 8.8 US cents with investors swapping 28,186 stock units and Transjamaican Highway climbed just 0.18 of a cent to 2.56 US cents after an exchange of 286,032 units.
In the preference segment, JMMB Group 7.5% preferred share popped 18 cents to close at US$1.98, with 108 stocks changing hands, Sygnus Credit Investments US 8% rallied 40.01 cents to finish at US$8.40 after an exchange of 14 units and Sygnus Credit Investments US 8% remained at US$10 with investors trading 40 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.