Trading soared on the US Dollar Market of the Jamaica Stock Exchange on Tuesday, with the market closing lower, following a 318 percent rise in the volume of stocks traded, with a 591 percent greater value than on Monday, resulting in an exchange of seven securities, compared with five on Monday. Three stocks closed higher, two declined and two ended unchanged.
The market closed with an exchange of 885,137 shares for US$43,488 compared to 211,797 stock units at US$6,297 on Monday.
Trading ended with an average of 126,448 shares at US$6,213 compared to 42,359 stock units at US$1,259 on Monday, with a month to date average of 68,007 units at US$3,167 compared with 64,569 stock units at US$2,988 on the previous day and November that ended with an average of 36,788 units for US$2,343.
The US Denominated Equities Index fell 5.58 points to 198.61, down by 21.2 percent for the year to date. The Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and one with a lower offer.
The PE Ratio, one of the most used measures to determine appropriate stock values, averages 7.9. 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 trading, Productive Business Solutions slipped 15 cents to 80 US cents in switching ownership of 32 shares,
Sterling Investments gained 0.06 of one cent to close at 1.75 US cents after trading of 812 stock units, Sygnus Credit Investments ended at 6.5 US cents after 8,356 shares were traded and Transjamaican Highway popped 0.08 of a cent and ended at 3 US cents with investors trading 861,937 units.
In the preference segment, JMMB Group US8.5% lost 1.63 cents to finish at US$1.16, with 13,884 stocks crossing the market, AS Bryden 6% remained at US$1 with an exchange of 7 shares and Productive Business Solutions 9.25% rallied 0.99 of a cent to US$10.90, with 109 units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.