Transjamaican the dominant JSE USD trade


Trading surged on the Jamaica Stock Exchange US dollar market on Monday, with a 5,798 percent spike in the volume of stocks traded at a 356 percent greater value than on Friday, following an exchange of more than 11.3 million units of Transjamaican Highway after an exchange of nine securities, compared with eight on Friday with prices of two rising, five declining and two ending unchanged and resulting in the US Denominated Equities Index dropping 11.25 points to 228.70.

The market closed with an exchange of 11,346,663 shares for US$322,286 compared to 192,369 stocks at US$70,619 on Friday. Trading averaged 1,260,740 shares at US$35,810 compared to 24,046 stocks at US$8,827 on Friday, with a month to date average of 297,879 units at US$11,473 compared with 75,681 stocks at US$5,857 on the previous day and January that ended with an average of 103,137 units for US$4,549.
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 6.8. 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 trading activity, Margaritaville dipped 0.98 of a cent to finish at 8.02 US cents with 7,178 units crossing the market, Productive Business Solutions fell 26 cents and ended at US$1.19 with investors dealing in 15 stocks, Proven Investments declined 0.47 of a cent to 11.5 US cents with 16,968 shares passing through the market. Sygnus Credit Investments remained at 6.8 US cents after an exchange of 2,267 stock units and Transjamaican Highway dipped.01 of one cent in closing at 2.74 US cents with 11,315,150 shares changing hands.
In the preference segment, JMMB Group US8.5% preference share advanced 13.96 cents to close at US$1.18 with an exchange of 2 units. JMMB Group 5.5% popped 26.14 cents to US$2.00 after closing with an exchange of just two stocks, JMMB Group 5.75% dipped 1 cent to close at US$1.99 after a transfer of 5,000 stock units and Sygnus Credit Investments US 8% ended at US$9 with 81 shares switching owners.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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