Trading slides on the US Dollar market

The Jamaica Stock Exchange US dollar market closed on Friday, with the volume of stocks traded falling by 50 percent with a 21 percent lower value than on Thursday, resulting in an exchange of eight securities, similar to trading on Thursday with prices of three rising, two declining and three ending unchanged.

The market closed with an exchange of 295,634 shares for US$24,284 down from 590,745 stocks at US$30,825 on Thursday.
Trading averaged 36,954 shares with an average value of US$3,035 compared with 73,843 stocks at US$3,853 on Thursday, with a month to date average of 63,758 units at US$3,586 just below the 67,657 stocks for US$3,666 on the previous day and December that ended with an average of 229,957 units for US$7,451.
The US Denominated Equities Index lost 1.85 points to 232.95. The Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and none with a lower offer.
The PE Ratio, one of the best known measures used to determine appropriate stock values, averages seven. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2025.
At the close of trading, First Rock Real Estate USD share popped 0.28 of one cent to close at 2.39 US cents with 3,355 shares crossing the market, Margaritaville gained 1.22 cents to end at 8 US cents in an exchange of 255 stocks, Productive Business Solutions ended at US$1.45 with 23 shares changing hands. Proven Investments sank 0.02 of a cent to finish at 11.13 US cents with 180,924 stock units passing through the market, Sterling Investments rose 0.29 of a cent and ended at 1.72 US cents as investors exchanged 2,489 shares, Sygnus Credit Investments remained at 6.9 US cents with 17,965 units clearing the market. Sygnus Real Estate Finance USD share remained at 5.9 US cents with investors swapping 8,400 stocks and Transjamaican Highway lost 0.04 of a cent to close at 2.75 US cents with an exchange of 82,223 stock units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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