Transjamaican gabs 96% of JSE USD trades


Trading remained elevated on the Jamaica Stock Exchange US dollar market on Monday, with the volume of stocks traded rising 59 percent, with Transjamaican Highway controlling 96 percent of the volume, with the value of stocks traded falling 45 percent compared to Friday. Trading ended with an exchange of 10 securities, up from six on Friday, with prices of five rising, four declining and one ending unchanged.

The market closed June with an exchange of 5,779,467 shares for US$171,261 compared to 3,634,466 stocks at US$308,861 on Friday.
Trading averaged 577,947 shares at US$17,126, down from 605,744 stocks at US$51,477 on Friday, with a month to date average of 591,343 units at US$19,218 compared with 592,249 stock units at US$19,359 on the previous day and well above May, with an average of 71,616 units for US$3,425.
The US Denominated Equities Index rose 11.56 points to conclude trading at 210.51. The Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and five with lower offers.
The PE Ratio, one of the most frequently used measures to determine appropriate stock values, averages 10.6. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2025.
At the close, AS Bryden advanced 2 cents and ended at 18 US cents in an exchange of just one share, First Rock Real Estate USD share dropped 0.29 of one cent to 1.64 US cents with investors trading 3,000 units, MPC Caribbean Clean Energy sank 16 cents to finish at 39 US cents in an exchange of a mere one stock. Proven Investments remained at 11 US cents with 199,300 shares clearing the market, Sterling Investments popped 0.02 of a cent in closing at 2.18 US cents after trading of 130 stock units, Sygnus Real Estate Finance USD share declined 0.5 of a cent to close at 6 US cents after an exchange of 3,000 shares and Transjamaican Highway increased 0.3 of a cent to 2.7 US cents with investors swapping 5,571,405 stocks.
In the preference segment, JMMB Group US8.5% climbed 4 cents and ended at US$1.10 with an exchange of 2,000 units, Productive Business Solutions 9.25% fell US$1.25 to close at US$10 closed at 188 stock units and Sygnus Credit Investments US 8% rose 15 cents to finish at US$9.75 as investors exchanged 442 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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