Stocks prices fell across the market, resulting in big declines at the close of trading on Thursday, in both the Main Market and the Junior Market as investors gather funds for the latest initial public offering to come to the market and opens on Monday coming.
The Jamaica Stock Exchange Combined Index skidded 6,194.03 points to end at 402,773.74 as the All Jamaican Composite Index fell 4,913.82 points to 446,678.54 and the Junior Market dropped 74.82 points following declines of 58.44 points on Wednesday and 92.56 points on Tuesday in closing at 3,833.15 and the JSE Main Index lost 5,907.44 points to 393,843.52.
The market’s PE ratio ended at 17.3 based on 2021-22 earnings and 12.3 times those for 2022-23 at the close of market activity on the Jamaica Stock Exchange.
Investors need a series of measures and pertinent information to successfully navigate the many investment choices in the local stock market, the ICInsider.com PE ratio chart along with the more detailed daily report charts provide investors with daily updated information to help with decision making.
The ICInsider.com PE Ratio chart covers all ordinary shares listed on the Jamaica Stock Exchange and shows companies grouped on an industry basis, allowing for easy comparisons between same sector companies as well as the overall market. The net asset value of each company is reported as a guide to easily assess the value of stocks based on this measure.
The chart also shows daily changes in stock prices and the percentage year to date changes based on the last traded prices. Dividends payable and yields for each company are shown in the Main and Junior Markets daily report charts that also show closing volume for the bids and offers.
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.
Big drop for JSE stocks again on Thursday
February 17, 2022 by
