The US Dollar Market of the Jamaica Stock Exchange on Monday, with an increase trading activity resulting from a 123 percent jump in the volume traded and a 134 percent increase in the value of trades compared to Friday, resulting from an exchange of nine securities, compared with 10 on Friday with prices of one rising, six declining and two ending unchanged.
The market closed with an exchange of 944,969 shares for US$60,746, after jumping from 423,400 stock units at US$25,911 on Friday.
Trading ended with an average of 104,997 shares at US$6,750, after increasing from 42,340 stock units at US$2,591 on Friday. Trading for the month to date averages 160,795 units at US$77,219, modestly less than the 165,279 stock units at US$82,881 on Monday, but vastly less than June, which ended with an average of 625,703 units for US$203,999.
The US Denominated Equities Index declined 1.27 points to settle at 283.13. 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 12.9. ICInsider.com compiles the earnings per share and the PE used in this report. The PE ratio is derived by dividing the last traded price of a stock by the earnings per share for the financial year ending around August 2026.
At the close of trading, Margaritaville shed 0.9 of a cent and ended at 5.1 US cents with 85 stock units crossing the market, Productive Business Solutions fell 7.27 cents to 84.73 US cents after an exchange of 40 shares, Proven Investments remained at 6.6 US cents with 739,296 units clearing the market. Quantas Advantage lost 1.32 cents to end at a new low of 8.3 US cents in exchanging 4,000 stocks, Sygnus Credit Investments dipped 0.05 of a cent in closing at 5.5 US cents with investors trading 21,318 units, Sygnus Real Estate Finance USD share rallied 0.25 of a cent to end at 5.25 US cents in an exchange of 7,000 stock units and Transjamaican Highway slipped 0.2 of a cent and ended at 6.14 US cents with 173,050 shares changing hands.
In the preference segment, AS Bryden 6% skidded 9.9 cents to end at 90.1 US cents in an exchange of 60 stock units and Sygnus Credit Investments E8.5% ended at US$10 with investors swapping 120 shares.
Closing prices of stocks are those of the last transaction.