Transjamaican dominates JSE USD Market


Transjamaican grabbed 93 percent of the traded volume, with the stock price dropping as the stock traded ex-dividend and helped in sinking the USD Equities Market on Tuesday. Trading resulted in a 65 percent jump in volume with a 61 percent lower value than on Thursday, following an exchange of 10 securities, compared with 11 on Thursday. At the close of the market, prices of six rose, three declined and one ended unchanged.

The market closed with an exchange of 406,384 shares for US$21,373 compared to 246,904 stock units at US$54,386 on Thursday.
Trading ended with an average of 40,638 shares at US$2,137 compared to 22,446 stock units at US$4,944 on Thursday, with a month to date average of 103,219 units at US$6,640after decreasing from 134,510 stock units at US$8,892 on the previous day and March that ended with an average of 93,192 units for US$48,041.
The US Denominated Equities Index fell 8.62 points to 262.50. The Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and none 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, AS Bryden popped 0.4 of one cent to finish at 22.9 US cents with an exchange of 260 shares, First Rock Real Estate USD share increased 0.24 of a cent and ended at 3 US cents with 266 stocks crossing the market, Margaritaville climbed 0.1 of one cent to 7 US cents with traders dealing in 111 units. Productive Business Solutions rose 3.01 cents in closing at US$1.05 as investors exchanged 4 shares, Proven Investments ended at 7.99 US cents in trading 16,560 stock units, after the price hit an intraday 52 weeks low of 7 cents, Sterling Investments slipped 0.3 of a cent to close at 1.68 US cents with 10,000 shares crossing the exchange. Sygnus Credit Investments gained 0.01 of a cent to 6.38 US cents with investors dealing in 515 units and Transjamaican Highway sank 0.18 of one cent and ended at 4.49 US cents with a transfer of 377,175 stocks, with the stock trading ex-dividend today.
In the preference segment, JMMB Group US8.5% rallied 1.11 cents to finish at US$1.25 with investors swapping 1,309 stock units and Productive Business Solutions 9.25% shed 1 cent in closing at US$10.99 in an exchange of 184 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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