The US Dollar Market of the Jamaica Stock Exchange moved up on Thursday, following a notable 67 percent jump in the volume of stocks traded, accompanied by an 88 percent surge in value compared with trading on Wednesday. Market activity resulted in an exchange of 10 securities, compared with 13 on Wednesday, with prices of three rising, three declining and four ending unchanged.
The market closed with an exchange of 1,237,094 shares for US$56,684, increasing from 740,004 stock units at US$30,128 on Wednesday.
Trading ended with an average of 123,709 shares at US$5,668, rising from 56,923 stock units at US$2,318 on Wednesday, with a month to date average of 61,444 units at US$8,239 compared with 57,293 stock units at US$8,411 on the previous day and December that ended with an average of 75,710 units for US$4,415.
The US Denominated Equities Index rose 0.61 points to close trading at 239.59. The Investor’s Choice bid-offer indicator 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 used measures to determine appropriate stock values, averages 9.2. 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, AS Bryden remained at 22 US cents with an exchange of 45 shares, First Rock Real Estate USD share increased 0.45 of a cent to 3.45 US cents with 4,143 stocks clearing the market, Margaritaville slipped 1 cent to close at 7 US cents with a transfer of 500 shares. Proven Investments sank 0.65 of a cent in closing at 8.35 US cents with 150,526 stock units crossing the market, Sterling Investments ended at 1.93 US cents in an exchange of 3,069 units, Sygnus Credit Investments inched 0.01 of one cent higher to end at 6.99 US cents after trading in 859 stocks. Sygnus Real Estate Finance USD share ended at 6.23 US cents with traders switching ownership of 142 shares and Transjamaican Highway rose 0.08 of one cent to close at 3.83 US cents after a transfer of 1,077,504 stock units.
In the preference segment, AS Bryden 6% remained at US$1 with investors trading 4 units and Sygnus Credit Investments 8% dipped 69.6 cents and ended at US$9.30 with 302 stocks crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.