Transjamaican Highway, Jamaica’s first toll road operator, accounted for just over 70 percent of the total volume of stocks traded on the Jamaica Stock Exchange USD market on Monday, helping to push the volume of stocks trading up a robust 244 percent with a more subdued 38 percent increase in value than on Friday. Trading ended in an exchange of 10 securities, up from eight on Friday with prices of three rising, four declining and three ending unchanged.
The market closed with an exchange of 1,016,484 shares for US$33,512 sharply up on the 295,634 stocks at US$24,284 on Friday. Trading averaged 101,648 shares at US$3,351 compared to 36,954 stocks at US$3,035 on Friday, with a month to date average of 68,949 units at US$3,554 compared with 63,758 stocks at US$3,586 on the previous day and December that ended with an average of 229,957 units for US$7,451.
The US Denominated Equities Index popped by 0.12 points to conclude trading at 233.07. The Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and none with a lower offer.
The PE Ratio, one of the best known measures used to determine appropriate stock values, averages 6.9. 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 gained 0.11 of a cent in closing at 2.5 US cents after the trading of 237,772 units, Productive Business Solutions ended at US$1.45 after a transfer of 10 stocks, Proven Investments popped 0.02 of a cent to close at 11.15 US cents with investors swapping 1,000 shares. Sterling Investments remained at 1.72 US cents with 500 stock units switching owners, Sygnus Credit Investments declined 0.6 of one cent to finish at 6.3 US cents with 56,665 shares crossing the exchange,
Sygnus Real Estate Finance USD share ended at 5.9 US cents with 587 stocks changing hands and Transjamaican Highway fell 0.08 of a cent to 2.67 US cents after an exchange of 716,855 units.
In the preference segment, JMMB Group US8.5% preferred share rallied 3 cents to finish at US$1.03 with 2,994 stock units crossing the market, JMMB Group 5.5% dropped 0.01 of a cent and ended at US$2.05 with investors dealing in just one share and Productive Business Solutions 9.25% preferred share shed 30 cents in closing at US$10.60 with 100 stocks clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.