Transjamaican takes 83% of JSE USD trades


Transjamaican Highway claims the top spot for the volume of stocks traded on the Jamaica Stock Exchange US dollar market on Wednesday, with the market volume rising 173 percent with a 68 percent lower value than on Tuesday, leading to an exchange of eight securities, down from 13 on Tuesday with prices of three rising, three declining and two ending unchanged.

The market closed with an exchange of 441,767 shares for US$12,713 above the 161,911 stocks trading at US$40,305 on Tuesday.
Trading averaged 55,221 shares at US$1,589 compared to 12,455 stocks at US$3,100 on Tuesday, with a month to date average of 28,747 units at US$2,525 and much less than March that ended with an average of 92,288 units for US$8,588.
The US Denominated Equities Index rose 1.91 points to finish at 218.20. The Investor’s Choice bid-offer indicator shows two 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 financial year ending around August 2025.
At the close of the market, First Rock Real Estate USD share remained at 2.09 US cents with 2 shares crossing the market, Margaritaville climbed 2.35 cents to 10 US cents with a transfer of 31 units, Sterling Investments declined 0.02 of one cent and ended at 1.95 US cents with 50,002 shares crossing the market. Sygnus Credit Investments sank 0.69 of one cent to finish at 6.31 US cents after a transfer of 24,000 stocks and Transjamaican Highway rose 0.02 of one cent in closing at 2.69 US cents with 367,689 stock units crossing the exchange.

In the preference segment, JMMB Group US8.5% preferred share gained 2 cents to end at US$1.05 with investors swapping just 4 shares, Sygnus Credit Investments US 8% dropped 5.42 cents to US$8.45 with 9 stocks switching owners and Sygnus Credit Investments E8.5% ended at US$9.80 with investors trading 30 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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