Trading on the Jamaica Stock Exchange US dollar market ended with 70 percent rise in the volume of stocks traded, with Transjamaican Highway, the operator of Highway 2000 capturing 99 percent of all shares traded on Friday and resulted in the exchange of six securities, down from 10 on Thursday with prices of two rising, one declining and three ending unchanged.
The market closed with an exchange of 369,303 shares for US$12,397, but an increase above the 217,386 stocks traded at US$11,618 on Thursday.
Trading averaged 61,551 shares at US$2,066, significantly over 21,739 stocks at US$1,162 on Thursday, with a month to date average of 37,859 units at US$1,713 compared with 35,126 shares at US$1,673 on the previous day and April that ended with an average of 261,717 units for US$10,686.
The US Denominated Equities Index lost 1.18 points to close at 247.02. The Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and three with lower offers.
The PE Ratio, one of the most frequently used measures to determine appropriate stock values, averages 11.5. 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 the market, Productive Business Solutions shed 4.6 cents and ended at US$1.38 with traders clearing 23 shares in the market, Proven Investments ended at 10.99 US cents after a transfer of 76 stocks, Sygnus Credit Investments remained at 7 US cents as investors exchanged 2,404 shares and Transjamaican Highway rose 0.07 of a cent to end at 2.56 US cents with sellers trading 366,346 stock units.
In the preference segment, AS Bryden remained at US$1 after an exchange of 170 units and Sygnus Credit Investments E8.5% advanced US$1.20 to close at US$10 with investors trading 284 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.