Transjam grabs 87% of JSE USD Market


Trading on the US Dollar Market of the Jamaica Stock Exchange closed on Tuesday, with Transjamaican Highway ending with 87 percent of the volume traded as the total volume of stocks traded rose 97 percent with a 72 percent jump in value compared to Monday. Investors exchanged nine securities, down from 13 on Monday, with prices of one rising, four declining and four ending firm.

The market closed with an exchange of 971,344 shares for US$46,476, after soaring from 493,735 stock units at US$27,081 on Monday.
Trading ended with an average of 107,927 shares at US$5,164, in an increase from 37,980 stock units at US$2,083 on Monday, with a month to date average of 104,235 units at US$60,089, well aligned with 104,007 stock units at US$63,475 on the previous day and higher than trading in February that ended with an average of 95,098 units for US$6,755.
The US Denominated Equities Index rose 6.90 points to finish at 279.18. The Investor’s Choice bid-offer indicator shows four 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 10.6. 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 the market, Margaritaville remained at 8.05 US cents with 759 shares clearing the market, MPC Caribbean Clean Energy ended at 39 US cents with a transfer of 385 stock units, Productive Business Solutions popped 23.96 cents to finish at US$1.24 with investors dealing in just one share. Proven Investments declined 0.01 of one cent and ended at 8.64 US cents with 25,309 stocks crossing the market, Sterling Investments remained at 2 US cents with an exchange of 16,690 units, Sygnus Credit Investments shed 0.46 of a cent in closing at 6 US cents after traders swapped 75,466 stocks. Sygnus Real Estate Finance USD share slipped 0.25 of a cent to 4.25 US cents with investors trading 8,296 units and Transjamaican Highway dipped 0.29 of one cent to finish at 4.5 US cents in an exchange of 844,437 shares.

In the preference segment, AS Bryden 6% ended at US$1 with a mere one stock being traded..
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

About IC Insider.com