TransJamaican Highway takes 98% of the JSE USD Market again


The in demand Transjamaican Highway stock, continues to dominate trading and ends the week by grabbing 98 percent of market value, after an exchange of 1.48 million shares on the US Dollar Market of the Jamaica Stock Exchange on Friday. The volume of stocks traded jumped 65 percent with a 109 percent more value than on Thursday, resulting from an exchange of eight securities, the same as on Thursday with prices of three rising, one declining and four ending unchanged.

The market closed with an exchange of 1,507,840 shares for US$93,434 up from 916,015 stock units at US$44,643 on Thursday.
Trading ended with an average of 188,480 shares at US$11,679 after climbing from 114,502 stocks at US$5,580 on Thursday, with a month to date average of 198,069 units at US$9,368 compared with 198,779 stock units at US$9,197 on the previous day and well above April with an average of 121,441 units for US$6,732.
The US Denominated Equities Index climbed 6.06 points to end at 262.00. The Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and two with lower offers.
The PE Ratio, one of the most used measures to determine appropriate stock values, averages 9.1. ICInsider.com compiles the earnings per share and the PE used in this report. The P/E ratio is derived by dividing the last traded price of a stock by the earnings per share for the financial year ending around August 2026.
At the close of trading, Margaritaville rallied 0.05 of one cent to finish at 5.05 US cents after trading of 1,896 shares, Productive Business Solutions ended at 84 US cents with a transfer of 889 stocks, Proven Investments dipped 0.01 of a cent to close at 6.99 US cents after exchanging 1,350 shares. Sterling Investments popped 0.4 of one cent to 2 US cents with 505 stocks crossing the exchange, Sygnus Credit Investments climbed 0.39 of a cent to end at 5.99 US cents with investors trading 9,330 units and Transjamaican Highway ended at 4.99 US cents with 1,485,396 shares crossing the market.
In the preference segment, JMMB Group 7.5% remained at US$2.02 with an exchange of 8,459 units and Sygnus Credit Investments 8% ended at US$10.01 with 15 stocks passing through the market.
Closing prices of stocks traded are those of the last transaction unless otherwise stated.

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