All Jamaica Stock Exchange markets fall

All three Markets of the Jamaica Stock Exchange declined in trading on Tuesday with moderately trading, with the number of stocks changing hands falling, with the value of stocks traded rising modestly higher over the previous trading day, resulting in prices of just 23 shares rising and 46 declining.
At the close of trading, the JSE Combined Market Index declined 1,567.79 points to 331,742.67, the All Jamaican Composite Index slipped 361.32 points to end at 357,487.01, the JSE Main Index skidded 1,288.58 points to close trading at 319,217.40. The Junior Market Index dropped 47.71 points to finish at 3,692.54 and the JSE USD Market Index declined 2.56 points to conclude trading at 236.00.
At the close of trading, 14,746,118 shares were exchanged in all three markets, up from units on 17,563,944 Monday, with the value of stocks traded on the Junior and Main markets amounted to $80.45 million, just above the $75.2 million on the previous trading day and the JSE USD market closed with an exchange of 151,001 shares for US$8,136 compared to 98,295 units at US$9,105 on Monday.
In Main Market activity, Wigton Windfarm led trading with 4.83 million shares followed by Transjamaican Highway with 2.25 million units and Lasco Distributors with 683,042 stock units.
In the Junior Market, EduFocal led trading with 1.16 million shares followed by Dolla Financial with 409,370 stock units and One Great Studio with 359,377 shares.
In the preference segment, Eppley 7.75% preference share dropped $2.95 to close at $17.05.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21.1 on 2023-24 earnings and 13.1 times those for 2024-25 at the close of trading. ICInsider.com PE ratio chart and the 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 the more detailed daily report 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 reported as a guide for investors to quickly assess the value of stocks based on this measure. 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 of the highest bid and the lowest offer for each company.