The Jamaica Stock Exchange US dollar market closed sharply higher on Tuesday, following an exchange of eight securities, down from 10 on Monday with prices of three rising, three declining and two ending unchanged, resulting in the US Denominated Equities Index surging 22.41 points to conclude trading at 248.79 and lift the year to date gains to 8 percent, following a 98 percent drop in the volume of stocks traded, with a 97 percent lower value than on Monday.
The market closed with an exchange of 123,521 shares for US$14,086 compared to 4,993,262 stock units at US$460,060 on Monday. Trading averaged 15,440 shares at US$1,761 compared to 499,326 stocks at US$46,006 on Monday, with a month to date average of 98,650 units at US$7,898 compared with 105,442 stocks at US$8,399 on the previous day and October that ended with an average of 426,617 units for US$11,189.
The Investor’s Choice bid-offer indicator shows no stock ending with a bid higher than the last selling price and just one with a lower offer.
The PE Ratio, one of the best known measures used to determine appropriate stock values, averages 7.1. 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, First Rock Real Estate USD share slipped 0.01 of one cent and ended at 3 US cents with an exchange of 44,272 stock units, MPC Caribbean Clean Energy remained at 54 US cents with 50 shares crossing the market, Productive Business Solutions gained 31 cents to finish at US$1.77 with investors trading just 6 units. 
Proven Investments ended at 11.1 US cents with 398 stocks changing hands, Sygnus Credit Investments rose 0.03 of a cent to close at 7 US cents with traders dealing in 27,203 stock units and Transjamaican Highway advanced 0.33 of a cent to end at a 52 weeks’ high of 2.88 US cents as 50,557 stocks passed through the exchange.
In the preference segment, Productive Business Solutions 9.25% preference share fell US$1.50 to end at a 52 weeks’ low of US$9, with investors dealing in 700 shares and Sygnus Credit Investments US 8% declined 16 cents to US$10.20 with 335 stock units trading hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.