Transjamaican grabs 90% of JSE USD trades


The Jamaica Stock Exchange US Dollar Market inched up on Monday, with the toll road operators Transjamaican Highway gobbling up just under 90 percent of all trades, resulting in a 277 percent volume bounce with a 48 percent greater value than on Friday. Trading closed with an exchange of eight securities, compared with seven on Friday, with prices of three rising, two declining and three ending unchanged.

The market closed with an exchange of 618,560 shares for US$22,957 after surging from 164,281 stock units at US$15,479 on Friday. Trading averaged 77,320 shares at US$2,870, jumping from 23,469 stock units at US$2,211 on Friday, compared with November that ended with an average of 36,788 units valued at US$2,343.

The US Denominated Equities Index climbed a mere 0.05 points to 209.72. The Investor’s Choice bid-offer indicator shows one stock closed 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 8.7. The PE ratio is derived by dividing the last traded price by earnings per share. The earnings used for this report are compiled by ICInsider.com for companies with their financial year ending around August 2026. At the close of market activities, First Rock Real Estate USD share slipped 0.01 of a cent to 2.99 US cents in switching ownership of 6,600 shares, Productive Business Solutions gained 2 cents and ended at 92 US cents with 174 units crossing the exchange, Proven Investments ended at 10 US cents after a transfer of 25,224 stock units. Sterling Investments remained at 2 US cents with traders dealing in 8,301 shares, Sygnus Credit Investments ended at 7 US cents in an exchange of 26,103 stock units and Transjamaican Highway lost 0.02 of a cent to close at 3.05 US cents with 551,848 shares clearing the market.

In the preference segment, JMMB Group US8.5% popped 0.37 of a cent to US$1.18, with 200 stock units changing hands and Sygnus Credit Investments E8.5% increased 40 cents to finish at US$9.73, with 110 units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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