The US Dollar Market of the Jamaica Stock Exchange closed on Thursday, with a 300 percent jump in the volume of stocks traded accompanied with a 252 percent climb in value compared to trading on Wednesday with Transjamaican Highway and Sterling Investments contributed 1.74 million shares for 95 percent of the shares traded, resulting from an exchange of nine securities, similar to trading on Wednesday and ending, with price of one rising, six declining and two ending unchanged.
The market closed with an exchange of 1,834,949 shares for US$84,245 up from 459,211 stock units valued at US$23,917 on Wednesday.
Trading ended with an average of 203,883 shares at US$9,361 after increasing from 51,023 stocks at US$2,657 on Wednesday, with a month to date average of 187,345 units at US$8,893 compared with 186,226 stock units at US$8,862 on the previous day and April with an average of 121,441 units for US$6,732.
The US Denominated Equities Index fell 3.15 points to close at 245.51. The Investor’s Choice bid-offer indicator shows three 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 8. ICInsider.com compiles the earnings per share and the PEused in this report. The P/E 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, First Rock Real Estate USD share sank 0.4 of a cent to finish at 2.5 US cents in trading 1,620 shares, Productive Business Solutions lost 6 cents to close at a 52 weeks low of 53 US cents after an exchange of 51 units, Proven Investments fell 0.59 of a cent in closing at 6.01 US cents with investors trading 70,785 shares. Sterling Investments ended at 2 US cents in switching ownership of 575,724 stock units, Sygnus Credit Investments remained at 6 US cents with investors trading 7,314 stock units and Transjamaican Highway dipped 0.27 of one cent and ended at 4.6 US cents in an exchange of 1,167,829 units.
In the preference segment, JMMB Group 7.5% popped 3 cents to US$2.05, following trading of 50 shares, JMMB Group US8.5% sank 1 cent to US$1.10 after an exchange of 11,574 stock units and AS Bryden 6% shed 15.13 cents in closing a ta 52 weeks low of 84.87 US cents with a transfer of just two shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.