Transjamaican Highway ended trading on the US Dollar Market of the Jamaica Stock Exchange on Wednesday, controlling 49 percent of the volume traded, with the volume of stocks traded rising 19 percent with a 15 percent lower value than on Tuesday. Similar to trading on Tuesday, nine securities changed hands on Wednesday, with prices of three rising, two declining and four ending unchanged.
The market closed with an exchange of 1,030,861 shares for US$36,196 compared to 869,095 stock units at US$42,552 on Tuesday.
Trading ended with an average of 114,540 shares at US$4,022, compared with 96,566 stock units at US$4,728 on Tuesday, with a month to date average of 82,890 units at US$3,609, with an increase from 71,021 stock units at US$3,455 on the previous day and April that ended with an average of 121,441 units for US$6,732.
The US Denominated Equities Index dipped 0.36 points to close at 264.31. 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 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, Margaritaville ended at 7 US cents with 601 shares crossing the market, MPC Caribbean Clean Energy rallied 4.94 cents to 37.94 US cents with investors swapping 10 stocks, Productive Business Solutions remained at US$1.20 in an exchange of only two units. Proven Investments fell 0.03 of a cent to end at 7 US cents with 56,923 shares clearing the market, Sterling Investments dipped 0.3 of one cent to close at 1.7 US cents with a transfer of 446,949 stock units, Sygnus Credit Investments rallied 0.09 of a cent to end at 5.99 US cents with 1,410 shares crossing the exchange. Sygnus Real Estate Finance USD share ended at 5.25 US cents with investors dealing in 24,973 stock units and Transjamaican Highway climbed 0.14 of a cent to close at 4.6 US cents after traders exchanged 499,949 units.
In the preference segment, Productive Business Solutions 9.25% remained at US$10.90 as investors exchanged 44 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.