Winners outpaced losers on the US Dollar Market of the Jamaica Stock Exchange following an exchange of 10 securities, up from nine on Tuesday, with prices of eight rising, one declining and one ending unchanged, resulting in the market index closing higher on Wednesday.
The market closed with an exchange of 62,084 shares, 99 percent below 12,114,663 stock units on Tuesday, with the value at just US$3,469, falling sharply by 99 percent from US$512,838 on Tuesday.
Trading ended with an average of 6,208 shares at US$347, with a fall from 1,346,074 stock units at US$56,982 on Tuesday, with a month to date average of 147,677 units at US$7,009, after slipping from 159,273 stock units at US$7,555 on the previous day and March that ended with an average of 93,192 units for US$48,041.
The US Denominated Equities Index popped 3.22 points to end at 266.56. The Investor’s Choice bid-offer indicator shows none ended with a bid higher than the last selling price and one with a lower offer.
The PE Ratio, one of the most used measures to determine appropriate stock values, averages 10.3. The PE ratio is derived by dividing the last traded price by earnings per share. ICInsider.com compiles the earnings per share used in this report for companies with their financial year ending around August 2026.
At the close of the market, First Rock Real Estate USD share fell 0.1 of a cent to finish at 2.9 US cents after an exchange of 1,242 shares, Margaritaville popped 0.1 of a cent to 7 US cents with investors trading 2,000 stock units, MPC Caribbean Clean Energy climbed 2 cents to close at 32 US cents with 750 shares changing hands. Productive Business Solutions increased 6 cents to end at US$1.24 in an exchange of 5 stocks, Proven Investments gained 0.99 of a cent in closing at 7 US cents after investors swapped 6,375 units, Sterling Investments ended at 2 US cents with 2,001 shares clearing the market. Sygnus Credit Investments rose 0.68 of one cent to 6 US cents after a transfer of 9,252 stock units, Sygnus Real Estate Finance USD share rallied 0.5 of one cent to finish at 5.1 US cents in trading 33,236 units and Transjamaican Highway advanced 0.1 of one cent and ended at 4.2 US cents with 7,217 stocks crossing the market.
In the preference share segment, JMMB Group US8.5% popped 8 cents to close at US$1.10 with traders dealing in 6 units.
Prices of traded securities are for the last transaction of each stock unless otherwise stated.