The All Jamaican Composite Index recorded robust gains on Wednesday at the close of market activities on the Jamaica Stock Exchange with the volume and value of stocks trading dipped from Tuesday’s levels resulting in prices of 49 shares rising, 40 declining and 22 remaining firm.
At the close of trading, the JSE Combined Market Index rose 2,032.13 points to 324,259.36, the All Jamaican Composite Index jumped 4,324.48 points to end at 356,293.12, the JSE Main Index rallied 2,035.29 points to end at 311,523.65, the Junior Market Index rose 11.99 points to 3,675.39, and the JSE USD Market Index slipped 0.81 points to close trading at 222.88.
At the close of trading, a total of 15,297,658 shares were exchanged in all three markets, down from 16,881,624 units on Tuesday, with the value of stocks traded on the Junior and Main markets amounted to $64.86 million, below the $74.86 million changing hands on the previous trading day and the JSE USD market closed with an exchange of 299,517 shares for US$37,566 compared to 494,867 units at US$29,853 on Tuesday.
In Main Market activity, Palace Amusement led trading with 4.75 million stocks followed by Wigton Windfarm with 1.86 million shares and QWI Investments with 1.43 million units.
In Junior Market trading, iCreate led trading with 692,941 stocks followed by, JFP Ltd with 504,496 shares and Mailpac Group with 391,285 units. In the preference segment, Jamaica Public Service 9.5% sank $210 to $2,690.
The market’s PE ratio, the most popular measure used to value stocks, ended at 12.8 on 2024-25 earnings and 20.9 based on 2023-24 earnings. The 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.
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.