The Musson-controlled Productive Business Solutions elevated trading sharply on the US Dollar Market of the Jamaica Stock Exchange on Wednesday, with an exchange of 75 million shares for $25.4 million, driving the volume of stocks traded well above that on Tuesday. The market ended with an exchange of nine securities, up from six on Tuesday, with prices of four rising and five declining.
The market closed with an exchange of 75,013,983 shares for US$25,753,494 compared to just 217,942 stock units at US$41,341 on Tuesday.
Trading ended with an average of 8,334,887 shares at US$2,861,499 after surging from a mere 36,324 stock units at just US$6,890 on Tuesday, with a month to date average of 1,332,210 units at US$447,668, well above 46,004 stock units at US$4,311 on the previous day and May that ended with an average of 180,903 units for US$8,607.
The US Denominated Equities Index lost 3.08 points to conclude trading at 232.03. 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 widely used measures for determining appropriate stock values, averages 7.6. ICInsider.com compiles the earnings per share and the PE used in this report. The P/E 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, First Rock Real Estate USD share sank 0.01 of a cent to 2.87 US cents with 50 shares clearing the market, Margaritaville lost 1.03 cents to 5.87 US cents after trading of 100 stocks, MPC Caribbean Clean Energy sank 0.08 of one cent to 27 US cents with 1,570 shares passing through the market. Productive Business Solutions skidded 5.6 cents and ended at 34.4 US cents after a transfer of 74,785,654 stock units, Proven Investments gained 0.06 of one cent to finish at 6.95 US cents, after trading of 2,599 units, Sygnus Credit Investments rose 0.49 of a cent to end at 5.99 US cents in an exchange of 256 shares. Sygnus Real Estate Finance USD share rallied 0.01 of a cent to 4.41 US cents with investors trading 3,293 stock units and Transjamaican Highway increased 0.03 of one cent to close at 4.7 US cents with 212,356 stocks crossing the market.
In the preference segment, JMMB Group 7.5% fell 4 cents to US$2.02, with investors dealing in 8,105 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.