Trading on the US Dollar Market of the Jamaica Stock Exchange slipped on Wednesday, with the volume of stocks declining 14 percent and the value jumping 33 percent over that on Tuesday, as Transjamaican Highway contributed 53 percent of the value of the day’s trade. Trading resulted in an exchange of seven securities, down from eight on Tuesday, with prices of two rising, three declining and two ending unchanged.
The market closed with an exchange of 558,881 shares for US$46,365 compared to 653,047 stocks at US$34,987 on Tuesday.
Trading ended with an average of 79,840 shares at US$6,624 each, in contrast to 81,631 stock units at US$4,373 on Tuesday, with a month to date average of 52,962 units at US$3,483, up from 49,976 stock units at US$3,134 on the previous day, but lower than February, with an average of 95,098 units for US$6,755.
The US Denominated Equities Index shed 0.70 points in closing at 286.14.
The Investor’s Choice bid-offer indicator shows two 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 10.7. 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, Proven Investments fell 0.62 of a cent to end at 8.05 US cents as investors exchanged 15,100 shares, Sygnus Credit Investments rose 0.44 of a cent to 6.46 US cents with 14,092 stock units clearing the market, Sygnus Real Estate Finance USD share advanced 1.5 cents to finish at 5.75 US cents after an exchange of 132 shares and Transjamaican Highway remained at 4.72 US cents with investors trading 527,494 units.
In the preference segment, JMMB Group 7.5% ended at US$2.01 with 6 stocks crossing the exchange, Sygnus Credit Investments 8% dropped by US$1.25 to close at US$10 with investors trading 2 shares and Sygnus Credit Investments 8% slipped 50 cents to US$9.50 in an exchange of 2,055 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.