Investors laid out more funds trading on the US Dollar Market of the Jamaica Stock Exchange on Tuesday, with the volume of stocks traded declining moderately with a 38 percent more value than on Monday, resulting in an exchange of 10 securities, compared with seven on Monday. Prices of three stocks rose, four decline and three ended unchanged.
The market closed with an exchange of 416,369 shares for US$27,146 compared to 434,561 stock units at US$19,729 on Monday.
Trading ended with an average of 41,637 shares at US$2,715, down from 62,080 stock units at US$2,818 on Monday, with a month to date average of 93,192 units at US$48,041, below 95,964 stock units at US$50,478 on the previous day compared to February that ended with an average of 95,098 units for US$6,755.
The US Denominated Equities Index dropped 0.35 points to finish at 262.17. The Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and one with a lower offer.
The PE Ratio, one of the most used measures to determine appropriate stock values, averages 9.6. 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.
The market closed out March with, First Rock Real Estate USD share climbing 0.51 of a cent to end at 3 US cents following trading of 1,600 shares, Margaritaville dipped 0.1 of a cent to close at 6.9 US cents as investors exchanged 10 units, Proven Investments sank 0.19 of one cent to 7.81 US cents, with 3,683 stocks clearing the market. Sterling Investments ended at 2 US cents after an exchange of 758 shares, Sygnus Credit Investments shed 0.36 of a cent to close at 6.01 US cents with a transfer of 700 stock units, Sygnus Real Estate Finance USD share remained at 4.5 US cents with 1,656 shares crossing the market and Transjamaican Highway increased 0.03 of a cent to 4.33 US cents with an exchange of 406,043 stocks.
In the preference share segment, JMMB Group 7.5% ended at US$2.01 after 1,349 units passed through the market, Productive Business Solutions 9.25% dropped 40 cents in closing at US$11 with investors trading 485 stock units and Sygnus Credit Investments E8.5% popped 40 cents and ended at US$10 in an exchange of 85 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.