Trading on the Jamaica Stock Exchange US Dollar Market jumped on Thursday, with a 152 percent surge in the volume of stocks traded, accompanied by a 274 percent climb in value over Wednesday. Trading resulted in an exchange of eight securities, compared with seven on Wednesday, with the price of one rising, two declining and five ending unchanged.
The market closed with an exchange of 1,737,956 shares for US$106,511 after jumping from 688,541 stock units at US$28,462 on Wednesday.
Trading averaged 217,245 shares at US$13,314 after surging from 98,363 stock units at US$4,066 on Wednesday, with a month to date average of 55,296 units at US$2,726, after climbing from 42,209 stock units at US$1,870 on the previous day and November that ended with an average of 36,788 units for US$2,343.
The US Denominated Equities Index climbed 2.40 points to wrap up trading at 203.74. 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 eight. The PE ratio is derived by dividing the last traded price by earnings per share. ICInsider.com compiles the earnings per share used in this report for companies with their financial year ending around August 2026.
At the close of the market, Margaritaville remained at 6.8 US cents with traders dealing in 1,436 shares, Proven Investments lost 0.96 of one cent to end at 8.04 US cents after an exchange of 252,124 units, Sterling Investments ended at 1.99 US cents with 255 shares passing through the market.
Sygnus Credit Investments ended at 6 US cents with an exchange of 957,018 stock units and Transjamaican Highway popped 0.11 of a cent in closing at 3.09 US cents with 526,063 stocks crossing the market.
In the preference segment, Sygnus Credit Investments 8% skidded US$1.48 to end at US$8.52 after a transfer of 25 units. Sygnus Credit Investments 8% remained at US$10.02 as investors exchanged 375 stocks and Sygnus Credit Investments E8.5% remained at US$9.90 with a transfer of 660 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.