Transjamaican Highway captured 74 percent of all the stocks traded on the US Dollar Market of the Jamaica Stock Exchange on Wednesday, with the volume of stocks traded, jumping 247 percent with a 74 percent lower value than on Tuesday. At the close of the market, eight securities changed owners, down from 11 on Tuesday, with prices of two rising, four declining and two ending unchanged.
The market closed following an exchange of 2,237,272 shares for US$79,651, compared to 645,573 stocks, averaging US$308,181 on Tuesday.
Trading ended with an average of 279,659 shares at US$9,956 from 58,688 stock units at US$28,016 on Tuesday, with a month to date average of 130,870 units at US$14,477 compared with 76,765 stock units at US$16,121 on the previous day and January that ended with an average of 80,722 units for US$9,110.
The US Denominated Equities Index slipped 6.53 points to 262.68. The Investor’s Choice bid-offer indicator shows two stocks closing with bids higher than their last selling prices and none with a lower offer.
The PE Ratio, one of the most used measures to determine appropriate stock values, averages 9.7. 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, MPC Caribbean Clean Energy ended at 24.66 US cents with 24 shares clearing the market, Productive Business Solutions popped 0.69 of a cent to US$1 in an exchange of 55 stock units, Proven Investments declined 0.19 of a cent to finish at 8.8 US cents with 29,937 shares passing through the market. Sterling Investments lost 0.3 of a cent and ended at 1.69 US cents after a transfer of 547,094 units, Sygnus Credit Investments sank 0.29 of a cent to close at 6.7 US cents after an exchange of 896 stock units and Transjamaican Highway slipped 0.37 of a cent to end at 3.93 US cents with investors swapping 1,659,221 shares.
In the preference segment, Sygnus Credit Investments 8% climbed US$1.48 to US$10 with 6 stock units passing through the market and Sygnus Credit Investments 8% remained at US$10 with investors trading 39 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.