The Jamaica Stock Exchange US dollar market closed on Thursday, with a 19 percent rise in the volume of stocks traded, at a 191 percent greater value than on Wednesday, resulting in an exchange of seven securities, compared with nine on Wednesday, with prices of two declining and five ending unchanged.
The market closed with an exchange of 59,756 shares for US$12,538, moving up from 50,243 stocks at US$4,303 on Wednesday.
Trading averaged 8,537 shares at US$1,791 compared to 5,583 stocks at US$478 on Wednesday, with a month to date average of 109,483 units at US$5,635, down slightly from 116,693 stocks at US$5,910 on the previous day and in August with an average of 261,739 units for US$8,269
The US Denominated Equities Index dipped 1.87 points to close at 203.69. The Investor’s Choice bid-offer indicator shows three 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 9.9. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with a financial year ending around August 2026.
At the close of trading, First Rock Real Estate USD share remained at 2.48 US cents with investors dealing in 3 shares, Productive Business Solutions ended at US$1 with 477 stocks crossing the market, Proven Investments remained at 10 US cents with investors trading 5,154 units. Sygnus Credit Investments lost 0.35 of a cent and ended at 7.25 US cents, with traders switching ownership of 250 shares and Transjamaican Highway shed 0.01 of one cent in closing at 2.58 US cents with investors trading 49,382 stock units.
In the preference segment, JMMB Group 7.5% ended at US$2.10 in an exchange of 4,381 shares and Sygnus Credit Investments 8% ended at US$9.50 with traders dealing in 109 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.