Transjamaican sends trading flying on the JSE USD Market


Transjamaican sent trading activity on the US Dollar Market of the Jamaica Stock Exchange off the charts on Friday, following 13.4 million of the company’s shares crossing the market, sending the volume of stocks traded skyrocketing 3,762 percent higher with a 3,640 percent greater value than on Thursday. The market closed with an exchange of eight securities, similar to Thursday, with prices of two rising, three declining and three ending unchanged.

The market closed with an exchange of 13,435,457 shares for US$613,032, surging from just 347,887 stock units at US$16,393 on Thursday.
Trading ended with an average of 1,679,432 shares at US$76,629, after increasing from 43,486 stock units at US$2,049 on Thursday, with a month to date average of 337,116 units at US$15,276, up from 75,201 stock units at US$3,305 on the previous day and April that ended with an average of 121,441 units for US$6,732.
The US Denominated Equities Index dropped 1.17 points to 264.40. The Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and one with a lower offer.
The PE Ratio, one of the most used measures to determine appropriate stock values, averages 9.9. 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 trading, Margaritaville sank 0.1 of a cent to end at 6.9 US cents as investors exchanged 429 shares, Productive Business Solutions remained at US$1.20 with 5 stocks crossing the market, Proven Investments ended at 6.99 US cents after a transfer of 7,162 shares. Sterling Investments popped 0.3 of a cent and ended at 2 US cents with the trading of just one stock unit, Sygnus Credit Investments declined 0.05 of one cent to close at 5.15 US cents with a transfer of 31,110 units and Transjamaican Highway sank 0.12 of a cent to 4.5 US cents after an exchange of 13,395,996 stocks.
In the preference segment, AS Bryden 6% gained 2 cents to US$1 with investors trading 704 shares and Sygnus Credit Investments 8% remained at US$10 with an exchange of 50 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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