Stocks rose at the close of trading activity on the Jamaica Stock Exchange Main Market ended on Friday, with the volume of stocks traded rising 14 percent and the value 20 percent more than on Thursday, after trading took place in 55 securities trading compared with 53 on Thursday, with 24 rising, 19 declining and 12 ending unchanged as the All Jamaican Composite Index added a few points for June but the JSE Main Index suffered 4,500 points loss.
A total of 25,472,457 shares were traded for $247,227,632 compared to 22,306,090 units at $206,410,617 on Thursday.
Trading averaged 463,136 shares at $4,495,048 compared with 420,870 shares at $3,894,540 on Thursday and month to date, an average of 366,795 units at $5,403,360 versus 362,312 units at $5,445,625 on the previous day. Trading in May closed with an average of 226,361 units at $1,362,447.
Wigton Windfarm led trading with 9.11 million shares for 35.8 percent of total volume followed by Supreme Ventures with 4.42 million units for 17.3 percent of the day’s trade, Radio Jamaica chipped in with 4.08 million units for 16 percent market share and Transjamaican Highway with 2.25 million units for 8.8 percent of total volume.
The All Jamaican Composite Index jumped 2,559.69 points to 370,573.93, the JSE Main Index climbed 1,645.95 points to settle at 332,034.93 and the JSE Financial Index popped 0.03 points to close at 72.95.
The PE Ratio, a formula used to compute appropriate stock values, averages 13.7 for the Main Market. The JSE Main and USD Market PE ratios are computed based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending up to August 2024.
Investor’s Choice bid-offer indicator shows 10 stocks ended with bids higher than their last selling prices and 11 with lower offers.
At the close, Caribbean Cement fell $2.18 to $58 with shareholders swapping 32,347 shares, Eppley dropped 60 cents in closing at $35.90 in switching ownership of 583 units, First Rock Real Estate popped 61 cents to close at $10.26 while investors were exchanging 305 stocks, 
GraceKennedy rose $1 to end at $79 after 5,286 stock units changed hands, Jamaica Broilers lost $2.69 and ended at $35 as 286,206 units passed through the market, Jamaica Producers declined 30 cents and closed at $20.20, with trading in 20,000 shares, JMMB Group climbed $3.05 to $33 in an exchange of 270,782 stock units, Margaritaville rallied $3.45 to $18.05 in an exchange of 139 stocks, Pan Jamaica gained $4.77 to close at $53.89 after a transfer of 28,566 stocks, Proven Investments increased 80 cents to end at $25.80 with an exchange of 54,507 shares, Sagicor Group shed $1.50 in closing at $49 with 360,766 units clearing the market, Scotia Group dipped 74 cents to $34, with stakeholders exchanging 96,185 stock units, Seprod advanced $1.90 to $77 as investors exchanged 62,597 stocks, Supreme Ventures jumped $3.50 to end at $31 after 4,418,487 stock units crossed the exchange.
In the preference segment, Eppley 7.50% preference share gained 47 cents to close at $7.17 in trading 269 shares, Jamaica Public Service 7% advanced $9.50 to close at $67 with investors transferring 6 units and 138 Student Living preference share rallied $10.20 ended at $85 with trading in 1,072 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Archives for June 2023
Sharp rise in JSE USD Market
The Jamaica Stock Exchange, US dollar market, climbed sharply higher on Friday to close June at the highest point for the month and with a gain of 9.55 per cent year to date after a 44 percent decline in the volume of stocks changing hands with 49 percent lower value than on Thursday, resulting in trading of six securities, compared to eight on Thursday with two rising, one declining and three ending unchanged.
A total of 179,896 shares were traded for US$10,636 compared with 323,116 units at US$20,789 on Thursday.
Trading on Friday averaged 29,983 shares at US$1,773 compared with 40,390 units at US$2,599 on Thursday, with a month to date average of 60,969 shares at US$3,967 down from 62,192 units at US$4,054 on the previous day. May ended with an average of 43,350 units for US$2,759.
The US Denominated Equities Index rose 9.49 points to 256.40.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.4. The PE ratio is computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with financial year ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows one stock ending with a bid higher than the last selling price and none with a lower offer.
In closing, Productive Business Solutions rose 5 cents to US$1.75 in trading 1,600 shares, Proven Investments ended at 16 US cents, with 30,284 units changing hands, Sterling Investments ended at 1.6 US cents in swapping 4,656 stocks and Transjamaican Highway rallied 0.33 of a cent and ended at a 52 weeks’ closing high of 1.93 US cents with a transfer of 143,234 stock units.
In the preference segment, JMMB Group 5.75% fell 10 cents to end at US$2 after an exchange of 104 shares and JMMB Group 6% ended at US$1.184, with 18 stocks being traded.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
2023 loss erased on Junior Market
Trading closed on the Junior Market of the Jamaica Stock Exchange Friday, with the Market Index rising 24.04 points to end at 3,984.23, just about wiping all of the current year’s loss, leaving 0.10 percent to be recovered, with the market closing June at the highest level since the start of February this year.
Trading ended with the volume of stocks traded declining 80 percent and the value 71 percent lower than on Thursday, after trading in 46 securities compared with 47 on Thursday and ended with 23 rising, 14 declining and nine closing unchanged.
Investors traded 23,247,331 shares at $60,143,836 versus 118,542,020 units at $209,049,547 on Thursday.
Trading averaged 505,377 shares at $1,307,475, compared with 2,522,171 stocks at $4,447,863 on Thursday, with the month to date, averaging 319,230 units at $854,456 compared to 309,922 stock units at $831,805 on the previous day. May closed with an average of 239,954 units at $648,811.
ONE on ONE Educational led trading with 5.91 million shares for 25.4 percent of total volume followed by Spur Tree Spices with 4.46 million units for 19.2 percent of the day’s trade, Regency Petroleum closed with 2.44 million units for 10.5 percent market share, Future Energy Source ended with 1.99 million units for 8.5 percent market share, Fosrich closed with 1.98 million units for 8.5 percent market share and Indies Pharma with 1.71 million units ended with 7.3 percent of the total volume.
At the close of trading, the Junior Market has virtually wiped all losses for the year to date.
The PE Ratio, a measure of computing appropriate stock values, averages 11.6. The PE ratios of Junior Market stocks are computed based on the last traded price and ICInsider.com’s projected earnings for the financial years ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Access Financial advanced 48 cents in closing at $25.98 with shareholders swapping 91,628 shares, CAC 2000 fell $1.47 to end at $5.60, with 270 stock units clearing the market, Cargo Handlers lost $2 to close at $19, with 18,871 stocks crossing the market, Dolphin Cove popped 79 cents and ended at $16.90, as 12,168 units passed through the market. Fontana gained 44 cents to close at a 52 weeks’ high of $10.94 with an exchange of 127,982 stock units, Fosrich increased 10 cents to $2.30 as investors exchanged 1,975,029 units, 
GWest Corporation declined 10 cents in closing at 93 cents 4,088 shares changing hands, Indies Pharma rose 28 cents to $3.53 with an exchange of 1,708,274 stocks. Iron Rock Insurance rallied 20 cents to end at $2.50 with investors transferring 32,831 units, Jamaican Teas climbed 12 cents to close at $2.47 in an exchange of 688,299 stocks, JFP Ltd rose 10 cents to close at $1.80 in trading 803,665 shares, Knutsford Express climbed $1.09 to $11.90, with 32,063 stock units crossing the market. Lasco Distributors shed 13 cents in closing at $3.50 in an exchange of 103,906 stocks, Lasco Manufacturing dipped 37 cents to end at $4.52 after 16,800 stock units were traded, Limners and Bards gained 9 cents to end at $2.20 with a transfer of 53,521 shares, Main Event rallied 80 cents in closing at a 52 weeks’ high of $17 while exchanging 70,020 units. 
Medical Disposables increased $1.80 and ended at $6 with 20,000 units changing hands, ONE on ONE Educational advanced 12 cents to $1.22 with trading of 5,909,534 stock units, Regency Petroleum popped 32 cents to close at $2.92 with stakeholders exchanging 2,438,959 stocks and Spur Tree Spices climbed 15 cents to end at $2.55 in switching ownership of 4,461,610 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading drops as the JSE rises to close June
Stocks closed higher on Jamaica Stock Exchange on Friday, with all three markets recording moderate gains following a decline in the volume and the value of stocks trading on the final day of June.
In closing, the JSE Combined Market Index climbed 1,755.88 points to end trading at 346,282.53, at the same time, the All Jamaican Composite Index jumped 2,559.69 points to 370,573.93 and the JSE Main Index popped 1,645.95 points to end at 332,034.93. The Junior Market Index rose 24.04 points to 3,984.23, with all the gains coming within a few minutes of closing as the market ended at the highest point since the first day in February this year and is now down a mere 0.01 percent for the year to date. The JSE USD Market Index rose 9.49 points to 256.40.
Preference shares with notable price change but not in the Main Market TOP10 graphs are Eppley 7.50% preference share gained 47 cents to close at $7.17, Jamaica Public Service 7% advanced $9.50 to close at $67 and 138 Student Living preference share rallied $10.20 ended at $85.
At the close, investors exchanged 48,899,684 shares, in all three markets, down sharply from 141,130,337 stocks on Thursday. 
The value of stocks trading in the Junior and Main markets was $307.37 million, down from $415.4 million on Thursday. Trading on the JSE USD market ended with investors exchanging 179,896 shares for US$10,636 down from 323,116 units at US$20,789 on Thursday.
The market’s PE ratio ended at 19.2 on 2022-23 earnings and 12.9 times those for 2023-24 at the close of trading. Investors need pertinent information to successfully navigate numerous investment options in the local stock market. The ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
Investors should use the chart to help make rational decisions when investing in stocks close to the average for the sector and not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and put in on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock.
The ICInsider.com PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange and shows companies grouped per industry, allowing easy comparisons between the same sector companies and the overall market.
The net asset value of each company is reported as a guide to assess the value of stocks based on this measure quickly. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends paid or payable and yields for each company are shown in the Main and Junior Markets’ daily report charts along with the closing volume pertaining to the highest bid and the lowest offer for each company.
The EPS & PE ratios are based on 2021 and 2022 actual or projected earnings, excluding major one off items. The PE Ratio is the most popular measure used to determine the value of stocks.
Equal honours on Trinidad Stock Exchange
The Trinidad and Tobago Stock Exchange closed marginally higher on Friday after trading in 21 securities up from 20 on Thursday and ended with five stocks rising, five declining and 11 remaining unchanged with the volume of stocks traded declining 5 percent with a 42 percent lower value than on Thursday.
Investors traded 667,210 shares for $2,237,651 versus 700,226 stock units at $3,849,031 on Thursday.
An average of 31,772 shares were traded at $106,555 compared with 35,011 units at $192,452 on Thursday, with trading, month to date averaging 23,515 shares at $224,325 compared to 23,024 units at $231,331 on the previous day. The average trade for May was 23,500 shares at $216,502.
The Composite Index rose 0.71 points to settle at 1,216.36, the All T&T Index rose 1.35 points to 1,869.99, the SME Index ended firm at 70.13 and the Cross-Listed Index remained unchanged at 72.33.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Agostini’s ended at $68.50, with 800 shares clearing the market, Angostura Holdings declined 10 cents to close at $23 after an exchange of 800 stocks, Ansa McAl remained at $51 after an exchange of 970 stock units, Calypso Macro Investment Fund ended at $21.80 as stakeholders exchanged 280 units. Endeavour Holdings ended at $13 with a transfer of 71 units, First Citizens Group closed at $48 in trading 1,000 stocks, FirstCaribbean International Bank increased 5 cents to $7.05 while exchanging 139 stock units, GraceKennedy advanced 1 cent in closing at $3.40 in an exchange of 99,136 shares. JMMB Group dipped 4 cents to end at $1.35 with shareholders swapping 23,025 stocks, Massy Holdings rallied 1 cent to close at $4.85 after investors traded 25,046 stock units, National Flour Mills remained at $1.64, with 20 shares crossing the market, NCB Financial ended at $2.70 after an exchange of 445,460 units. 
One Caribbean Media dropped 10 cents in closing at $3.60 after 61,883 stocks switched ownership, Point Lisas remained at $3.30 after 10 units crossed the market, Prestige Holdings ended at $8, with investors trading 675 stocks, Republic Financial remained at $127.41, with 361 shares changing hands, Scotiabank rose 62 cents to end at $75.62 with an exchange of 195 stock units. Trinidad & Tobago NGL ended at $18 with stakeholders trading 2,944 shares, Trinidad Cement fell 3 cents to $2.62 with investors trading 3,020 units, Unilever Caribbean lost 24 cents to close at $12 after a transfer of 700 stocks and West Indian Tobacco added 1 cent to end at $12.01 after 675 stocks passed through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE Main market climbs 4 in 5 days
Trading activity continued to deliver gains with the Jamaica Stock Exchange Main Market ending higher on Thursday, for the fourth day in five, with the volume of stocks traded rising moderately but with a 9 percent higher value than on Wednesday, after investors traded 53 securities, down from 59 on Wednesday, with 18 rising, 16 declining and 19 ending unchanged.
A total of 22,306,090 shares were traded for $206,410,617 compared to 22,105,112 units at $190,093,496 on Wednesday.
Trading averaged 398,323 shares at $3,685,904 compared with 374,663 shares at $3,221,924 on Wednesday and for the month to date, an average of 361,395 units at $5,431,838 compared with 359,563 units at $5,518,439 on the previous day. May ended with an average of 226,361 units at $1,362,447.
Transjamaican Highway led trading with 12.75 million shares for 57.3 percent of total volume followed by Wigton Windfarm with 2.41 million units for 10.8 percent of the day’s trade, Supreme Ventures chipped in with 2.31 million units for 10.4 percent market share and Jamaica Broilers with 1.57 million units for 7.1 percent of total volume.
The All Jamaican Composite Index rose 710.07 points to close at 368,014.24, the JSE Main Index rallied 630.80 points to close at 330,388.98 and the JSE Financial Index gained 0.14 points to 72.92.
The PE Ratio, a formula used to compute appropriate stock values, averages 13.5 for the Main Market. The JSE Main and USD Market PE ratios are computed based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending up to August 2024.
Investor’s Choice bid-offer indicator shows nine stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Caribbean Cement climbed $7.18 in closing at $60.18 in switching ownership of 47,005 shares, Caribbean Producers lost $1.05 to close at $10.75 in trading 71,181 units, GraceKennedy rallied $1 to end at $78 with a transfer of 110,880 stocks, Guardian Holdings dipped $1 to $420, with 6,426 stock units crossing the market.
Kingston Wharvesadvanced $1 and ended at $30 after a transfer of 1,215 stock units, Massy Holdings fell $1 to end at $99 with investors exchanging 8,362 units, Mayberry Investments popped 80 cents in closing at $9 after 100,627 shares passed through the market, MPC Caribbean Clean Energy shed $10 in ending at $61 as investors exchanged 605 stocks. NCB Financial declined 88 cents to close at $66.10 with 85,211 stocks clearing the market, Pan Jamaica dropped $4.83 to $49.12 with shareholders swapping 45,432 stock units, Proven Investments declined 78 cents in closing at $25 while exchanging 47 units, Sagicor Group rose 49 cents to $50.50, with 26,001 shares crossing the market. Scotia Group gained 73 cents to $34.74 after an exchange of 122,644 stock units, Seprod dipped 40 cents to end at $75.10, with stakeholders exchanging 7,450 units, Supreme Ventures dropped 97 cents to close at $27.50 with investors transferring 2,313,937 stocks, Sygnus Credit Investments lost 42 cents to end at $12.65, with 353,391 shares changing hands.
In the preference segment, Eppley 7.50% preference share increased 61 cents and ended at $6.70 with an exchange of 83 shares, Jamaica Public Service 7% advanced $7.50 to $57.50 after just 2 units crossing the exchange and JMMB Group 7% preference share gained 39 cents in closing at $2.39 in an exchange of 5 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Slippage for JSE USD Market
The Jamaica Stock Exchange US dollar market slipped at the end of trading on Thursday, following a 34 percent drop in the volume of stocks changing hands and a 93 percent fall in value compared to trading on Wednesday, resulting from trading in eight securities, compared to nine on Wednesday with three rising, three declining and two ending unchanged.
Overall, 323,116 shares were traded for US$20,789 compared with 490,501 units at US$293,958 on Wednesday.
Trading averaged 40,390 units at US$2,599 compared with 54,500 shares at US$32,662 on Wednesday, with a month to date average of 62,192 shares at US$4,054 compared to 63,403 units at US$4,135 on the previous day. Trading in May ended with an average of 43,350 units for US$2,759.
The US Denominated Equities Index dipped 1.51 points to finish at 246.91.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.2. The PE ratio is computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows one stock ending with a bid higher than the last selling price and none with a lower offer.
At the close, First Rock Real Estate USD share advanced 0.01 of a cent to 5.5 US cents with shareholders exchanging 135 shares, Margaritaville popped 0.37 of one cent and ended at 11.48 US cents with a transfer of 4,000 stocks, Productive Business Solutions fell 19 cents in closing at US$1.70 after an exchange of 3,001 units.
Proven Investments popped 0.1 of a cent to 16 US cents as investors exchanged 41,690 stock units, Sterling Investments ended at 1.6 US cents with an exchange of 39,750 stocks, Sygnus Credit Investments ended at 11.7 US cents after an exchange of 38,501 units and Transjamaican Highway declined 0.03 of a cent to 1.6 US cents after hitting an intraday high of 1.93 US cents, with 196,036 shares clearing the market.
In the preference segment, JMMB Group 6% shed 0.5 of a cent and ended at US$1.184 in an exchange of 3 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market jumps sharply on Thursday
Trading surged on the Junior Market of the Jamaica Stock Exchange Thursday, as JFP Limited dominated trading with more than 102 million shares that sent the volume of stocks traded surging
939 percent and the value 228 percent higher than on Wednesday after trading took place in 47 securities compared with 43 on Wednesday and ended with 28 rising, seven declining and 12 closing unchanged.
Investors traded 118,542,020 shares for $209,049,547 up from 11,405,529 units at $63,776,052 on Wednesday.
Trading averaged 2,522,171 shares at $4,447,863, compared to 265,245 shares at $1,483,164 on Wednesday with the month to date, averaging 309,922 units at $831,805 compared with 190,821 stock units at $637,126 on the previous day. May closed with an average of 239,954 units at $648,811 and exceeds the average up to Wednesday but below Thursday’s level with the jump in trading on Thursday.
JFP Ltd led trading with 102.22 million shares for 86.2 percent of total volume followed by ONE on ONE Educational with 4.86 million units for 4.1 percent of the day’s trade, Jetcon Corporation ended with 3.61 million units for 3 percent of shares traded, Fosrich closed with 1.51 million units for 1.3 percent market share and Dolla Financial with 1.18 million units for 1 percent of total volume.
At the close, the Junior Market Index rose 53.19 points to settle at 3,960.19 to be down 0.7 percent for the year to date and up 10.2 percent since this year’s low in mid-March.
The PE Ratio, a measure of computing appropriate stock values, averages 11.3. The PE ratios of Junior Market stocks are computed based on the last traded stock prices in conjunction with ICInsider.com’s projected earnings for the financial years ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Access Financial increased $3 to $25.50 in an exchange of 58,731 shares. Thursday’s takes place following a long period that the stock has struggled to move higher in price but has been trading in above average volumes since June 16, not seen for some time, excluding the last trading day of a month, with Thursday being the largest trade and follows just over 25,000 units on June 27, over 17,000 on June 26 and 43,654 on June 22 with three other days since the sixteen of June of more than 15,700 hares, this suggests something out of the ordinary can be expected. 
Blue Power rallied 75 cents to end at $3.05, with 43,155 stock units crossing the market, CAC 2000 advanced 43 cents to close at $7.07 in an exchange of 638 stocks, Cargo Handlers popped $1.99 in closing at $21 with 13 units clearing the market, Caribbean Cream climbed 20 cents to $4.70 after an exchange of 68,819 stocks, Consolidated Bakeries rose 9 cents and ended at $2.51, with 90,000 stock units changing hands, Express Catering gained 10 cents in closing at $5.50 with shareholders swapping 35,146 units, Future Energy Source rose 18 cents to $3.98 with a transfer of 336,638 shares, but only after sinking to a 52 weeks’ intraday low of $3.33. ISP Finance popped $2.04 to end at $22.04 while exchanging 806 units, Lasco Financial advanced 32 cents to close at $2.67 and closed with 402,641 shares changing hands, Lumber Depot gained 9 cents to close at $2.19 after trading 228,666 stock units. 
Main Event climbed 95 cents in closing at a 52 weeks’ high of $16.20 in switching ownership of 66,869 stocks, Medical Disposables increased 10 cents to $4.20, with 52,711 stock units crossing the market, MFS Capital Partners declined 9 cents and ended at $2.92 in trading 86,519 shares. Regency Petroleum rallied 11 cents to end at $2.60, with 556,398 stocks crossing the exchange, Stationery and Office Supplies rallied 11 cents to $23.50 as 95,854 units passed through the market and tTech gained 15 cents in closing at $2.25 after a transfer of 10 stocks.Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Jamaican Stock Exchange trading jumps
The volume of stocks trading surged sharply on Thursday on Jamaica Stock Exchange, with JFP Ltd dominating, with 102 million shares for $173 million, with overall trading leading to a bounce in the Main and Junior Market with a slight fall for the JSE USD Market.
At the close, the JSE Combined Market Index rallied 1,075.36 points to close at 344,526.65, the All Jamaican Composite Index rose 710.07 points to 368,014.24, the JSE Main Index popped 630.80 points to close at 330,388.98. The Junior Market Index jumped 53.19 points to 3,960.19 and fully recovered the 52.33 points loss on Tuesday, while the JSE USD Market Index lost 1.51 points to end trading at 246.91.
Preference share with notable price movements but not in the Main Market TOP10 graphs is Jamaica Public Service 7% advanced $7.50 to $57.50.
At the close, investors exchanged 141,130,337 shares, in all three markets, up sharply from 33,998,142 stocks on Wednesday. The value of stocks trading in the Junior and Main markets was $415.4 million, up from $253.9 million on Wednesday. Trading on the JSE USD market ended with investors exchanging 323,116 shares for US$20,789 down from 490,501 units at US$293,958 on Wednesday.
The market’s PE ratio ended at 18.7 on 2022-23 earnings and 12.6 times those for 2023-24 at the close of trading. Investors need pertinent information to successfully navigate numerous investment options in the local stock market. The ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
Investors should use the chart to help make rational decisions when investing in stocks close to the average for the sector and not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and put in on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock.
The ICInsider.com PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange and shows companies grouped per industry, allowing easy comparisons between the same sector companies and the overall market.
The net asset value of each company is reported as a guide to assess the value of stocks based on this measure quickly. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends paid or payable and yields for each company are shown in the Main and Junior Markets’ daily report charts along with the closing volume pertaining to the highest bid and the lowest offer for each company.
The EPS & PE ratios are based on 2021 and 2022 actual or projected earnings, excluding major one off items. The PE Ratio is the most popular measure used to determine the value of stocks.
Trading rises prices fall on Trinidad Exchange
More stocks were traded on the Trinidad and Tobago Stock Exchange on Thursday than the previous day with a 44 percent jump in the volume of stocks traded with the value climbing 38 percent over Wednesday resulting in 20 securities trading as was the case on Wednesday, with two stocks rising, eight declining and 10 remaining unchanged.
Investors exchanged 700,226 shares for $3,849,031 versus 485,562 stock units at $2,784,687 on Wednesday.
An average of 35,011 units were traded at $192,452, up from 24,278 shares at $139,234 on Wednesday, with trading month to date averaging 23,024 stocks at $231,331 compared with 22,304 units at $233,668 on the previous day. The average trade for May ended at 23,500 shares at $216,502.
The Composite Index fell 2.77 points to close at 1,215.65, the All T&T Index dipped 4.32 points to end at 1,868.64, the SME Index increased 0.81 points to conclude trading at 70.13 and the Cross-Listed Index dipped 0.16 points to end at 72.33.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Agostini’s declined 50 cents and ended at $68.50 in an exchange of 950 shares, Angostura Holdings remained at $23.10 in trading just one unit, Ansa McAl ended at $51 after an exchange of 150 stock units, Calypso Macro Investment Fund remained at $21.80 after trading of 10 stocks. 
Endeavour Holdings ended at $13 after an exchange of 8 shares, First Citizens Group fell 10 cents to $48 in an exchange of 7,887 units, FirstCaribbean International Bank ended at $7, with 3,584 stocks crossing the exchange, Guardian Holdings increased 50 cents to $17.25 with a transfer of 63,756 stock units. JMMB Group lost 1 cent to end at $1.39 with investors trading 150 stocks, Massy Holdings shed 2 cents to close at $4.84 with 30,850 shares being traded, National Enterprises dipped 14 cents to $3.56, with 10,000 stocks changing hands, NCB Financial remained at $2.70 with an exchange of 554,540 units. One Caribbean Media dropped 12 cents to end at $3.70, with stakeholders exchanging 310 units,
Point Lisas ended at $3.30 with 20 stock units crossing the market, Prestige Holdings remained at $8, with 3,586 stocks changing hands, Republic Financial lost 9 cents to close at a 52 weeks’ low of $127.41, with 1,776 shares traded. Scotiabank dipped 77 cents to end at $75, with 140 stock units clearing the market, Trinidad & Tobago NGL climbed 30 cents to $18 as 8,659 stocks passed through the market, Unilever Caribbean remained at $12.24 in switching ownership of 595 shares and West Indian Tobacco ended at $12 while exchanging 13,254 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
