Transjamaican heads JSE USD market trades on Monday


The Jamaica Stock Exchange US dollar market lost ground on Monday, following a 46 percent slide in the volume of stocks traded, with Transjamaican accounting for 1.2 million shares, following a 72 percent drop in the value of stocks traded compared with Friday. Trading ended with an exchange of nine securities, down from 11 on Friday, with prices of one rising, three declining and five ending unchanged.

Transjamaican Highway led trading on Monday

The market closed with an exchange of 1,260,621 shares for US$30,005, down from 2,331,792 stocks at US$107,303 on Friday.
Trading averaged 140,069 shares at US$3,334 compared to 211,981 stocks at US$9,755 on Friday and May that ended with an average of 71,616 units for US$3,425.
The US Denominated Equities Index fell 5.38 points to 213.86. The Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and one with a lower offer.
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 of trading, First Rock Real Estate USD share sank 0.09 of a cent to close at 1.89 US cents, with traders exchanging 30,015 shares, Margaritaville ended at 8.2 US cents after a transfer of 10 stock units, MPC Caribbean Clean Energy rallied 1.71 cents in closing at 55 US cents with investors trading 350 shares. Proven Investments remained at 11.91 US cents in an exchange of 70 units, Sterling Investments ended at 1.97 US cents with 5,380 stock units crossing the market, Sygnus Credit Investments closed with an exchange of 16,151 shares, with the price remaining at 7 US cents. Sygnus Real Estate Finance USD share ended at 7 US cents with investors exchanging 1,000 stock units and Transjamaican Highway dropped 0.19 of a cent to 2.3 US cents with trading of 1,207,611 units.

In the preference segment, Sygnus Credit Investments US 8% lost 2 cents to finish at US$9, with 34 stocks crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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