Trading pulled back on JSE USD Market


Investors pulled back in trading on the US Dollar Market of the Jamaica Stock Exchange on Wednesday, resulting in a 49 percent drop in the volume of stocks passing through the market, with a 51 percent lower value than on Tuesday. The USD Equities Index slipped following an exchange of nine securities, similar to Tuesday with prices of only two rising, three declining and four ending unchanged.

The market closed with an exchange of 496,078 shares valued at US$22,659, after skidding from 971,344 stock units at US$46,476 on Tuesday.
Trading averaged 55,120 shares at US$2,518 compared to 107,927 stock units at US$5,164 on Tuesday, with a month to date average of 101,539 units at US$56,930, after slipping from 104,235 stocks at US$60,089 on the previous day and February that ended with an average of 95,098 units for US$6,755.
The US Denominated Equities Index sank 3.32 points to cease trading at 275.86. 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 used measures to determine appropriate stock values, averages 10.4. The PE ratio is derived by dividing the last traded price by earnings per share. ICInsider.com compiles the earnings per share used in this report for companies with their financial year ending around August 2026.
At the close of the market, AS Bryden remained at 22.5 US cents after an exchange of 250 shares, First Rock Real Estate USD share fell 0.2 of a cent to 2.8 US cents, following trading of 2,007 stocks, Margaritaville ended at 8.05 US cents after traders swapped 10 shares. Productive Business Solutions sank 1.97 cents and ended at US$1.22 with traders dealing in a mere one unit, Proven Investments lost 0.83 of one cent to finish at 7.81 US cents with 7,236 stocks changing hands, Sterling Investments ended at 2 US cents with just one share being traded. Sygnus Credit Investments increased 0.35 of one cent to 6.35 US cents with investors dealing in 6,890 units, Sygnus Real Estate Finance USD share climbed 0.25 of a cent to close at 4.5 US cents after an exchange of 2 stock units and Transjamaican Highway remained at 4.5 US cents with investors trading 479,681 shares.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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