The Jamaica Stock Exchange US dollar market closed on Friday, after a 72 percent rise in the volume of stocks traded carrying 332 percent more value than on Thursday and resulting in an exchange of eight securities, compared with seven on Thursday with prices of one rising, three declining and four ending unchanged.
The market closed with an exchange of 17,043 shares for US$10,544, jumping from 9,916 stocks at US$2,439 on Thursday.
Trading averaged 2,130 shares worth US$1,318 above 1,417 stocks at US$348 on Thursday, with a month to date average of 35,022 units at US$2,855 sliding from 36,719 stocks at US$2,934 on the previous day and September that ended with an average of 127,542 units for US$6,557.
The US Denominated Equities Index slipped 1.17 points to wrap-up trading at 194.92. The Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and none with a lower offer.
The PE Ratio, one of the most frequently used measures to determine appropriate stock values, averages 9.4. The PE ratio is computed by using the last traded price divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2026.
At the close of the market, First Rock Real Estate USD share dipped 0.2 of one cent to close at 3 US cents after closing with an exchange of 276 shares, Productive Business Solutions ended at 74 US cents after trading 3 units, Proven Investments rose 0.2 of a cent and ended at 10.2 US cents with investors trading 1,215 shares. Sterling Investments remained at 2 US cents with 17 stock units passing through the market, Sygnus Credit Investments ended at 7.7 US cents after an exchange of 455 stock units and Transjamaican Highway lost 0.03 of one cent to end at 2.65 US cents with 14,076 units changing hands.
In the preference segment, AS Bryden remained at US$1.00 with investors swapping a mere one stock and Sygnus Credit Investments 8% slipped 20 cents to US$10 in an exchange of 1,000 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.