Transjamaican takes 96% of USD Market


In a low keyed trading, Transjamaican Highway captured 96 percent of shares changing hands on the US Dollar Market of the Jamaica Stock Exchange closed on Monday, with the volume of stocks traded rising 10 percent with a 45 percent drop in value compared to Friday, resulting from an exchange of eight securities, compared with 10 on Friday with prices of one rising, three declining and four ending unchanged.

The market closed with an exchange of 236,718 shares worth US$11,905, after an increase from 215,394 stocks at US$21,614 on Friday.
Trading ended with an average of 29,590 shares at US$1,488 compared to 21,539 stock units at US$2,161 on Friday, with a month to date average of 775,541 units at US$256,764 after sliding from 829,792 stock units at US$275,329 on the previous day, but well above May, with an average of 180,903 units for US$8,607.
The US Denominated Equities Index skidded 9.03 points to finish at 231.84. The Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and none with a lower offer.
The PE Ratio, one of the most used measures to determine an appropriate stock value, averages 7.3. ICInsider.com compiles the earnings per share and the PE used in this report. The PE ratio is derived by dividing the last traded price of a stock by the earnings per share for the financial year ending around August 2026.
At the close of trading, AS Bryden skidded 2.99 cents to finish at 16.93 US cents in an exchange of 260 shares, First Rock Real Estate USD share ended at 2 US cents with 1,988 stock units passing through the market. Proven Investments lost 0.53 of a cent to end at 6.36 US cents after an exchange of 3,099 shares. Sterling Investments ended at 2 US cents with 59 stocks crossing the market, Sygnus Credit Investments dipped 0.1 of a cent to close at 5.5 US cents in switching ownership of 151 units, Sygnus Real Estate Finance USD share ended at 4.94 US cents with 1,753 shares changing hands and Transjamaican Highway remained at 5 US cents trading 229,393 units.
In the preference share segment, Sygnus Credit Investments E8.5% rallied 20 cents to close at US$10.20 with 15 stocks crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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