Trading soared on the JSE USD Market


The Jamaica Stock Exchange US dollar market closed on Thursday, with a 437 percent rise in the volume of stocks traded, valued 1,200 percent more than on Wednesday, resulting in an exchange of nine securities, up from six on Wednesday, with prices of five rising, three declining and one ending unchanged.

The market closed with an exchange of 1,092,929 shares for US$65,621 compared to 203,548 stocks at US$5,046 on Wednesday.
Trading averaged 121,437 shares at US$7,291 compared to 33,925 stock units at US$841 on Wednesday, with a month to date average of 282,069 units at US$8,545 compared with 347,783 stocks at US$9,058 on the previous day and August that ended with an average of 261,739 units for US$8,269.
The US Denominated Equities Index rallied 0.23 points to finish at 202.95. The Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and one with a lower offer.
The PE Ratio, one of the most frequently used measures to determine appropriate stock values, averages 10.1. 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 2026.
At the close, Proven Investments ended at 10 US cents, with 2,200 shares passed through the market, Sterling Investments rallied 0.04 of a cent to 2.08 US cents as investors traded 1,137 units, Sygnus Credit Investments slipped 0.61 of a cent to end at 7.01 US cents, with 46,300 shares clearing the market. Sygnus Real Estate Finance USD share lost 0.1 of a cent to close at 5 US cents, with investors swapping 20,155 stock units and Transjamaican Highway increased 0.03 of a cent to close at 2.4 US cents in an exchange of 1,002,606 stocks.
In the preference segment, JMMB Group 7.5% shed 1 cent in ending at US$2.02, with 4,420 shares crossing the market. JMMB Group US8.5% popped 0.1 of a cent to US$1.131 in trading 15,000 units, Sygnus Credit Investments 8% gained 50.1 cents and ended at US$10.001, with 1,085 stocks crossing the market and Sygnus Credit Investments E8.5% rose 16 cents to close at US$9.70 after an exchange of 26 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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