Volume jumps on JSE USD Market


The Jamaica Stock Exchange US dollar market closed higher on Monday, resulting from an exchange of 10 securities, compared with eight on Friday, with prices of three rising, three declining and four remaining unchanged, following a 326 percent jump in the volume traded, with a 56 percent lower value than on Friday.

The market closed with an exchange of 313,665 shares for US$18,561, above the 73,658 stocks at US$42,410 on Friday.
Trading averaged 31,367 shares at a mere US$1,856, jumping from a mere 9,207 units at US$5,301 on Friday, with a month to date average of 1,419,390 units at US$36,742, down from 1,721,134 stocks at US$44,326 on the previous day and May that ended with an average of 71,616 units for US$3,425.
The US Denominated Equities Index increased 1.43 points to settle at 211.31. 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 most frequently used measures to determine appropriate stock values, averages 10.4. 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 rose 0.32 of one cent to close at 1.96 US cents in an exchange of 9 shares, Productive Business Solutions remained at US$1.20 with traders crossing 10 stocks in the market, Proven Investments skidded 0.88 of one cent to finish at 10.11 US cents with a transfer of 20,000 units. Sterling Investments climbed 0.12 of a cent and ended at 1.98 US cents as investors exchanged 8,700 shares, Sygnus Credit Investments ended at 7 US cents after a transfer of 30,670 stock units, Sygnus Real Estate Finance USD share popped 0.4 of one cent to end at 7 US cents with traders dealing in 262 shares and Transjamaican Highway lost 0.07 of one cent in closing at 2.32 US cents with 245,907 units crossing the market.
In the preference segment, JMMB Group US8.5% remained at US$1 after the trading of 8,039 units, AS Bryden ended at US$1 as investors exchanged 40 stocks and Sygnus Credit Investments US 8% dipped 0.99 of a cent and ended at US$9.00 with 28 shares being swapped.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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