Trading rises on JSE USD Market


The Jamaica Stock Exchange US Dollar Market closed Thursday, with a 34 percent rise in the volume of stocks traded, fuelled by a 45 percent jump in funding the trade compared to Wednesday. Trading resulted in an exchange of 12 securities, compared with seven on Wednesday, with prices of four rising, three declining and five ending unchanged.

The market closed with an exchange of 403,181 shares worth US$25,918 compared with 299,786 stock units at US$17,915 on Wednesday.
Trading ended with an average of 33,598 shares valued US$2,160, down from 42,827 stock units at US$2,559 on Wednesday. Trading for the month to date averages 1,090,352 units at US$67,870, and ended below 1,221,085 stock units at US$76,000 the preceding day and well above an average of 120,090 units for US$9,981.in September.
The US Denominated Equities Index slipped 0.55 points to conclude trading at 275.85. The Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and four with lower offers.
The PE Ratio, one of the most common measures used to calculate appropriate stock values, averages 16.4. ICInsider.com compiles the earnings per share and the PE used in this report. The PE ratio is derived by dividing the last traded stock price by the earnings per share for financial years ending around August 2027.
At the close, AS Bryden remained at 16.85 US cents, with investors swapping 3 shares, First Rock Real Estate USD share added 0.1 of a cent to end at 2 US cents after an exchange of 28 units, Margaritaville lost 1.32 cents, after closing at 6.09 US cents with trading of just 2 shares. Proven Investments ended at 6 US cents after an exchange of 10,818 stock units, Quantas Advantage popped 0.74 of a cent and ended at 13 US cents, with investors dealing in 600 shares, Sterling Investments shed 0.04 of a cent to end at 2.2 US cents, with 13,003 stocks changing hands. Sygnus Credit Investments ended at 6.03 US cents, with investors trading 700 units, Sygnus Real Estate Finance USD share remained at 4.4 US cents, with switching of 17 stock units and Transjamaican Highway declined by 0.07 of one cent and ended at 5.87 US cents after trading of 376,385 shares.
In the preference segment, JMMB Group US8.5% advanced 21 cents to finish at US$1.22 as investors exchanged 1,581 stocks, AS Bryden 6% remained at US$1 in trading 2 units and Productive Business Solutions 9.25% rose US$1 in closing at US$12, after 42 stock units passed through the market.
Prices of securities trading are those for the last transaction.

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