Trading rose on the JSE USD Market


Trading climbed on Friday, with an infrequent high of 15 securities changing hands, up from just eight on Thursday on the US Dollar Market of the Jamaica Stock Exchange. The market closed with a 31 percent rise in the number of shares exchanged, with a 142 percent surge in value compared with Thursday. Trading activity ended with one stock price rising, five declining and nine ending unchanged.

At the close, trading ended with an exchange of 681,520 shares for US$106,010, up from 520,462 stock units at US$43,778 on Thursday.
Trading ended with an average of 45,435 shares at US$7,067 compared to 65,058 stock units at US$5,472 on Thursday. Trading for the month to date averages 121,664 units at US$10,234, after slipping from 128,766 stock units at US$10,529 on the previous day, compared to August with an average of 115,072 units for US$12,480.
The US Denominated Equities Index declined 4.89 points to conclude trading at 297.36. 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 used measures to determine appropriate stock values, averages 16.1. ICInsider.com compiles the earnings per share and the PE used in this report. The PE ratio is derived by dividing the last traded price of a stock by the earnings per share for the financial year ending around August 2027.
At the close of trading, AS Bryden remained at 16.9 US cents in a switch of ownership of a mere one unit, First Rock Real Estate USD share ended at 2 US cents with 4,979 stocks changing hands, MPC Caribbean Clean Energy remained at 23 US cents in an exchange of 550 shares. Productive Business Solutions ended at 85 US cents with a transfer of just 2 stock units, Proven Investments declined 0.44 of one cent to close at 5.56 US cents with 16,242 shares passing through the market, Quantas Advantage shed 0.94 of one cent to end at 14 US cents after trading 3,529 stocks. Sterling Investments ended at 2.28 US cents in an exchange of 533 stock units, Sygnus Credit Investments fell 0.01 of a cent to 6.73 US cents with investors trading 48,150 stock units, Sygnus Real Estate Finance USD share rallied 0.2 of one cent to finish at 4.99 US cents after a transfer of 20 shares and Transjamaican Highway dipped 0.16 of one cent and ended at 6.6 US cents with investors dealing in 588,285 stocks.
In the preference share segment, JMMB Group 7.5% remained at US$2.10 with a transfer of 3,925 units, JMMB Group US8.5% lost 0.01 of a cent to close at US$1.23 with investors swapping 11,112 stock units. AS Bryden 6% remained at US$1 with an exchange of 198 shares, Sygnus Credit Investments 8% ended at US$10 with 194 stocks crossing the market and Sygnus Credit Investments E8.5% ended at US$10 as investors exchanged 3,800 units.
Prices of securities trading are those of the last transaction.

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