Transjamaican controls 97% of USD trading


Transjamaican Highway controlled 97 percent of shares traded, with only 253,931 units trading. The US Dollar Market of the Jamaica Stock Exchange closed lower compared to Thursday, resulting from the volume of stocks trading rising 18 percent and the value dipping moderately, compared to Wednesday. Investors were engaged in trading 14 securities, up from 10 on Wednesday with prices of three rising, two declining and nine ending unchanged.

The market closed with an exchange of of a mere 262,300 shares for US$15,870 compared with 221,580 stock units at US$16,385 on Wednesday.
Trading ended with an average of 18,736 shares at US$1,134 after decreasing from 22,158 stock units at US$1,639 on Wednesday, with the month to date averaging 66,305 units at US$4,286, after sliding from 82,954 stock units at US$5,390 on the previous day and March with an average of 93,192 units for US$48,041.
The US Denominated Equities Index sank 7.54 points to close trading at 259.75. The Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and two with lower offers.
The PE Ratio, one of the most used measures to determine appropriate stock values, averages 9.9. 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, AS Bryden ended at 22.9 US cents after an exchange of 656 shares, First Rock Real Estate USD share remained at 3 US cents with 176 units crossing the market, Margaritaville closed unchanged at 7 US cents after a transfer of 457 stocks. Productive Business Solutions ended at US$1.02 with investors trading 150 shares, Proven Investments skidded 0.87 of a cent and ended at 7.11 US cents in an exchange of 2,075 stock units, Sterling Investments ended at 1.98 US cents with investors swapping 345 shares. Sygnus Credit Investments climbed 0.08 of a cent and ended at 6.38 US cents with an exchange of 791 stocks, Sygnus Real Estate Finance USD share remained at 4.5 US cents with 535 units crossing the market and Transjamaican Highway ended at 4.54 US cents in switching ownership of 253,931 stock units.
In the preference share segment, JMMB Group US8.5% fell 23.2 cents to close at US$1.02 with traders dealing in 3,046 shares, AS Bryden 6% ended at US$1 with just three stock units crossing the exchange, Productive Business Solutions 9.25% ended at US$10.99 in trading 16 stocks. Sygnus Credit Investments 8% rose 25 cents to US$10.25 with 35 units passing through the market and Sygnus Credit Investments E8.5% gained 8 cents to end at US$10 with investors trading 84 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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