Trading on the Jamaica Stock Exchange US dollar market ended on Monday, with the volume of stocks changing hands rising 475 percent valued 11 percent lower than on Friday, resulting in five securities being traded, similar to Friday and ended with three rising and two declining.
A total of 286,910 shares were traded, for US$7,613 compared to 49,892 units at US$8,545 on Friday.
Trading averaged 57,382 units at US$1,523, versus 9,978 shares at US$1,709 on Friday, with a month to date average of 31,647 shares at US$1,679 compared with 29,349 units at US$1,693 on the previous day, well down on November with an average of 249,102 units for US$14,204.
The US Denominated Equities Index fell 2.98 points to end the day at 216.35.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.3. The PE ratio is computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending and or around August 2024.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Margaritaville advanced 1.9 cents and ended at 12.9 US cents with a transfer of 606 stocks, Proven Investments popped 0.06 of a cent to close at 13.15 US cents with an exchange of 12,747 units, Sterling Investments sank 0.03 of one cent in closing at 1.55 US cents with 4 shares being traded. Sygnus Credit Investments gained 0.1 of a cent to close at 9 US cents as investors exchanged 22,691 stock units and Transjamaican Highway fell 0.01 of a cent to end at 1.67 US cents after 250,862 shares passed through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.