Trading surged on the JSE USD Market



Trading surged on the Jamaica Stock Exchange US dollar market on Wednesday, with the volume of stocks traded rising 565 percent, with a 468 percent greater value than on Tuesday, with an exchange of 3,246,465 shares at US$123,728, with Transjamaican Highway accounting for nearly 88 percent of stocks trading. Wednesday’s trading compares with just 488,548 stocks at US$21,786 on Tuesday. Trading ended in an exchange of 10 securities, compared with eight on Tuesday, with prices of two rising, six declining and two ending unchanged.

Transjamaican Highway accounted for 88% of stocks traded.

The market closed with an average of 324,647 shares at US$12,373, up from 61,069 stock units at US$2,723 on Tuesday, with a month to date average of 293,308 units at US$12,037 compared with 290,653 stocks at US$12,008 on the previous day and March that ended with an average of 92,288 units for US$8,588.
The US Denominated Equities Index rallied 0.24 points to close trading at 223.97. The Investor’s Choice shows five 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 11.3. 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 the market, First Rock Real Estate USD share ended at 1.99 US cents with 9 shares clearing the market, Margaritaville lost 1.71 cents in closing at 8.29 US cents as investors exchanged 675 stocks, Proven Investments increased by 1 cent to 11 US cents with 394,786 shares crossing the market. Sterling Investments popped 0.01 of a cent to finish at 1.96 US cents after a transfer of 500 stock units, Sygnus Credit Investments slipped 0.05 of one cent and ended at 6.95 US cents with investors trading 2,623 units and Transjamaican Highway fell 0.05 of a cent to close at 2.4 US cents with 2,841,330 shares crossing the exchange.
In the preference segment, JMMB Group 7.5% preferred share dropped 20 cents to US$1.80 with a transfer of 2,509 stock units, JMMB Group US8.5% preference share fell 0.6 of one cent to finish at US$1.028 after the trading of 3,773 stocks, Sygnus Credit Investments US 8% skidded 54 cents and ended at US$8 after an exchange of 41 units and Sygnus Credit Investments US 8% remained at US$10 in trading 219 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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