Trading picked up on the Jamaica Stock Exchange US Dollar Market on Friday, but remained light, with a 29 percent increase in the volume of stocks exchanged and the value increasing 78 percent more than on Thursday. Similar to the prior day, trading ended with an exchange of eight securities with three rising, two declining and three ending unchanged.
The market closed with an exchange of 285,516 shares for US$19,881, climbing from 221,178 stock units at US$11,156 on Thursday.
Trading averaged 35,690 shares at US$2,485, after increasing from 27,647 stock units at US$1,394 on Thursday, with a month to date average of 45,886 units at US$2,319 compared to 49,023 stock units at US$2,268 on the previous day and November with an average of 36,788 units for US$2,343.
The US Denominated Equities Index rose 6.04 points to close trading at 204.38. The Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and two with lower offers.
The PE Ratio, one of the most used measures in determining appropriate stock values, averages 8.6. The PE ratio is derived by dividing the last traded price by earnings per share. The earnings used for this report are compiled by ICInsider.com for companies with their financial year ending around August 2026.
At the close of the market, MPC Caribbean Clean Energy fell 6 cents and ended at a 52 weeks low of 34 US cents, with 3 shares clearing the market, Productive Business Solutions popped 14.04 cents to 92 US cents, with investors trading 140 stock units, Proven Investments increased 0.99 of a cent to finish at 9.99 US cents with 6,998 shares being traded. Sterling Investments ended at 1.99 US cents with 26,322 stock units, being traded, Sygnus Credit Investments dipped 0.05 of a cent to 6.95 US cents after an exchange of 57,698 stock units and Transjamaican Highway ended at 2.9 US cents after trading of 186,934 shares.
In the preference segment, JMMB Group US8.5% climbed 0.37 of a cent to US$1.18, with traders exchanging 7,385 stock units and Productive Business Solutions 9.25% remained at US$10.90 after trading of 36 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.