A 303 percent surge in the volume of stocks traded led to a 99 percent jump in the amount of funds changing hands on the Jamaica Stock Exchange US Dollar market at the close on Monday, with trading led by highway operator, Transjamaican, with just over 85% of stocks traded. The market closed after an exchange of 10 securities, compared with eight on Friday and ended with stock rising six, declining and four ending unchanged.
The market closed with an exchange of 1,149,523 shares for US$39,558 after leaping from 285,516 units at US$19,881 on Friday.
Trading averaged 114,952 shares at US$3,956, after increasing from 35,690 stock units at US$2,485 on Friday, with a month to date average of 61,583 units at US$2,691, up from 45,886 stock units at US$2,319 on the previous trading day and November that ended with an average of 36,788 units for US$2,343.
The US Denominated Equities Index dropped 2.29 points to close trading at 202.09. The Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and one with a lower offer.
he PE Ratio, one of the most used measures to determine appropriate stock values, averages 8.6. The PE ratio is derived by dividing the last traded price by earnings per share. The earnings used for this report are compiled by ICInsider.com for companies with their financial year ending around August 2026.
At the close of the market, First Rock Real Estate USD share fell 0.01 of a cent to 2.99 US cents after an exchange of 30 shares, Margaritaville ended at 8 US cents with a transfer of 150 units, Productive Business Solutions remained at 92 US cents after an exchange of 100 shares. Proven Investments shed 0.99 of one cent to finish at 9 US cents in trading 20,776 stock units, while Sygnus Credit Investments ended at 6.95 US cents after a transfer of 122,048 stock units, Sygnus Real Estate Finance USD share declined 0.22 of a cent in closing at 5.78 US cents with 60 shares crossing the market and Transjamaican Highway sank 0.02 of a cent to 2.88 US cents with an exchange of 1,006,080 stock units.
In the preference segment, JMMB Group US8.5% skidded 0.37 of a cent to close at US$1.18in trading of 200 stocks, Sygnus Credit Investments 8% lost US$1.50 and ended at US$8.50 in an exchange of 29 units and Sygnus Credit Investments 8% remained at US$10.02 with investors swapping 50 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.