Transjamaican standout JSE USD trade


Transjamaican Highway accounted for just over 75 percent of all the shares traded on the Jamaica Stock Exchange USD market closed on Wednesday helping to push the volume of stocks traded up by 717 percent with 254 percent more value than on Tuesday, resulting in exchange of seven securities, down from nine on the prior day with prices of four rising, one declining and two ending unchanged.

The market closed following an exchange of 2,421,389 shares for US$115,441 notably higher than the mere 296,466 stocks at US$32,601 on Tuesday.
Trading averaged 345,913 shares at US$16,492 up from 32,941 stocks at US$3,622 on Tuesday, with a month to date average of 435,560 units at US$16,753 that is in line with 448,367 stocks at US$16,790 on the previous day and well above March that ended with an average of 92,288 units for US$8,588.
The US Denominated Equities Index rallied 1.95 points to 216.15. The Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and one with a lower offer.
The PE Ratio, one of the best known measures to determine appropriate stock values, averages 11.2. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with the financial year ending around August 2025.
At the close of the market, First Rock Real Estate USD share rose 0.3 of a cent in closing at 2 US cents after trading of 3,746 shares, Proven Investments dipped 0.2 of one cent to 10.3 US cents in closing with an exchange of 484,937 stock units, Sterling Investments ended at 1.9 US cents after investors traded 89,561 shares. Sygnus Credit Investments advanced 0.1 of a cent to close at 7 US cents with 13,806 units clearing the market, Sygnus Real Estate Finance USD share remained at 8.63 US cents with 1,360 stock units switching the owners and Transjamaican Highway popped 0.2 of a cent and ended at 2.7 US cents as investors exchanged 1,820,486 units.

In the preference segment, JMMB Group 7.5% preferred share gained 1 cent to end at US$2.01 with 7,493 stocks passing through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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