58 stocks fall on the Jamaica Stock Exchange

Trading activity cooled considerably on the Jamaica Stock Exchange on Tuesday with the volume and value of stock changing hands plunging sharply compared with Monday, resulting in the market indices declining from the b rallies over the past few days, resulting in prices of 58 shares declining and just 15 rising.
At the close of trading, the JSE Combined Market Index dropped 1,020.79 points to 330,846.19, the All Jamaican Composite Index shed 830.30 points to end at 361,459.61 and the JSE Main Index dropped 978.99 points to close at 317,346.70. The Junior Market Index dipped 11.80 points to settle at 3,817.28 and the JSE USD Market Index fell 5.00 points to 224.53.
At the close of trading, 21,814,315 shares were exchanged in all three markets, well down on 94,375,061 units on Monday, with the value of stocks traded on the Junior and Main markets amounting to $79.26 million, well below the $640.11 million on the previous trading day and the JSE USD market closed with an exchange of 368,591 shares for US$10,955 compared to 2,488,448 units at US$141,556 on Monday.
In Main Market activity, Wigton Windfarm led trading with 4.59 million shares followed by Transjamaican Highway with 2.91 million stock units and Sagicor Select Financial Fund with 1.12 million units.
In Junior Market trading, Jamaican Teas led trading with 1.75 million shares followed by Medical Disposables with 1.70 million units and Fosrich with 726,555 stock stocks.
In the preference segment, Wigton Windfarm led trading with 4.59 million shares, Transjamaican Highway followed with 2.91 million stock units and Sagicor Select Financial Fund with 1.12 million units.
The market’s PE ratio, the most popular measure used to value stocks, ended at 20.4 on 2023-24 earnings and 13.7 times those for 2024-25 at the close of trading. ICInsider.com PE ratio chart and more detailed daily charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons within a sector and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The ICInsider.com PE ratio chart and more detailed daily charts provide investors with regularly updated information to help decision-making.
The chart should be used in making rational decisions when investing in stocks close to the average for the sector, not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them 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 net asset value of each company is incorporated into the chart. Investors can use this measure in assessing stock values. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends that are paid or are due to be paid and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume of the highest bid and the lowest offer for each company.