Active investor participation lift trading sharply higher on the US Dollar Market of the Jamaica Stock Exchange on Wednesday with a 487 percent jump the volume of stocks traded surging by with 355 percent more value than on Tuesday, with Transjamaican Highway accounting for 92 percent of the volume and 80% of the value. The market closed with an exchange of nine securities, down from 10 on Tuesday with prices of five rising, three declining and one ending unchanged.
The market closed with an exchange of 2,443,294 shares with a value of US$123,451 up from 416,369 stock units at US$27,146 on Tuesday.
Trading ended with an average of 271,477 shares at US$13,717 towel above 41,637 stocks at US$2,715 on Tuesday, and March that ended with an average of 93,192 units for US$48,041.
The US Denominated Equities Index popped 1.80 points to 263.95. The Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and one with a lower offer.
The PE Ratio, one of the most used measures to determine appropriate stock values, averages 9.8. 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 trading, Margaritaville advanced 0.1 of a cent and ended at 7 US cents with 100 shares being traded Proven Investments popped 0.75 of one cent to 8.56 US cents, in switching ownership of 95,361 units, Sterling Investments lost 0.02 of a cent to finish at 1.98 US cents with investors trading 54,565 shares. Sygnus Credit Investments gained 0.36 of one cent to end at 6.37 US cents with 200 stocks crossing the market, Sygnus Real Estate Finance USD share remained at 4.5 US cents with investors dealing in 40,106 stock units and Transjamaican Highway rose 0.32 of a cent to close at 4.65 US cents with trading in 2,244,961 shares.
In the preference segment, JMMB Group 7.5% slipped by1 cent to US$2 after an exchange of 3,651 stocks, JMMB Group US8.5% rose 0.04 of a cent to US$1.20 with investors swapping 4,250 units and Sygnus Credit Investments E8.5% shed 10 cents in closing at US$9.90 with 100 stock units crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.