Transjamaican Highway trades 77M shares on the JSE USD Market


A surge of trading in Transjamaican Highway, resulted in 77 million shares stocks passing through the Jamaica Stock Exchange US dollar market, pushing the overall trading 76,914,195 shares valued at US$1,740,363 on Thursday, soaring from a mere 371,175 stock units at US$159,855 on Wednesday, following an exchange of 11 securities, up from with eight previously, with prices of three rising, five declining and three ending unchanged.

Trading climbed to an average of 6,992,200 shares at US$158,215 compared to 46,397 stocks at US$19,982 on Wednesday, with a month to date average of 2,081,540 units at US$52,542, rising from just 80,901 stocks at US$9,490 on the previous day and May that ended with an average of 71,616 units for US$3,425.
The US Denominated Equities Index skidded 5.29 points to close trading at 209.08. The Investor’s Choice bid-offer indicator shows no stock ending 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 10.4. 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 lost 0.25 of one cent to end at 1.43 US cents with 40,241 shares changing hands, Margaritaville advanced 0.7 of a cent to 8.2 US cents after an exchange of 364 units, Proven Investments dropped 0.51 of one cent in closing at 10.99 US cents with investors trading 16,735 stocks. Sterling Investments popped 0.15 of one cent to finish at 1.98 US cents with 1,920 shares clearing the market, Sygnus Credit Investments shed 0.13 of a cent and ended at 7.2 US cents with investors trading 3,201 stock units, Sygnus Real Estate Finance USD share ended at 6.6 US cents as 90 shares passed through the market and Transjamaican Highway increased 0.04 of one cent to 2.39 US cents with investors trading 76,844,900 stocks.
In the preference segment, JMMB Group 7.5% remained at US$2.01 after an exchange of 42 units, JMMB Group US8.5% ended at US$1 with a transfer of 6,582 stock units. Sygnus Credit Investments US 8% fell 16 cents to finish at US$9.84 as investors exchanged 100 shares and Sygnus Credit Investments E8.5% slipped 60 cents and ended at US$9.40 in trading 20 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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