The US Dollar Market of the Jamaica Stock Exchange closed on Thursday, with Transjamaican Highway capturing 98 percent of the volume of stocks traded, pushing the total number of stocks exchanged by 495 percent with the value jumping 484 percent more than on Wednesday. The market closed following trading in seven securities, compared with five on Wednesday, with prices of two rising, three declining and two ending unchanged.
At the close, 535,822 shares were traded for US$27,949, up from just 90,111 stock units at US$4,785 on Wednesday. Trading ended with an average of 76,546 shares at US$3,993, after rising from 18,022 stock units at US$957 on Wednesday, with a month to date average of 52,161 units at US$2,728 compared with June that ended with an average of 625,703 units for US$203,999.
The US Denominated Equities Index shed 1.42 points to wrap up trading at 243.96. The Investor’s Choice bid-offer indicator shows four 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 7.3. 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 declined 0.06 of one cent to 6.9 US cents following trading of 800 stocks, Proven Investments lost 0.04 of a cent to finish at 6.85 US cents with 1,905 units crossing the market, Sygnus Credit Investments ended at 5.98 US cents with investors trading 5,614 shares. Sygnus Real Estate Finance USD share declined by 0.0118 of a cent and ended at 0.0494 of a cent with investors exchanging 1,566 shares and Transjamaican Highway remained at 5.1 US cents after the trading of 525,870 shares.
In the preference segment, JMMB Group US8.5% slipped 4 cents and ended at US$1.20 with 21 shares changing hands and Sygnus Credit Investments 8% rallied 5 cents to US$11 with a transfer of 46 stocks.
Closing prices of stocks are those of the last transaction.