Trading ended on the Jamaica Stock Exchange on Monday with gains in the Main Market primary indices and the Junior Market index with the USD Market closing lower with the volume of and value of stocks exchanged diving from the heightened Caribbean Producers trades on Friday.
At the close of trading the prices of 41 shares rose, 52 declined and 22 remained firm resulting in the JSE Combined Market Index advancing 731.91 points to 332,821.45, the All Jamaican Composite Index rose 1,165.36 points to 368,572.07, the JSE Main Index increasing 583.08 points to close at 320,366.24, while the Junior Market Index rose 24.31 points to end at 3,690.35, and the JSE USD Market Index dropped 10.20 points to 231.84.
Trading ended with an exchange of 15,377,336 shares in all three markets, well down from 488,159,035 units on Friday, with the value of stocks traded on the Junior and Main markets amounting to $66.96 million, in contrast to $3.43 billion on Friday and the JSE USD market closed with an exchange of 1,136,259 shares for US$40,985 compared with 376,670 units at US$19,813 on Friday.
In Main Market activity, Wigton Energy led trading with 4.0 million stocks followed by Transjamaican Highway with 2.07 million shares and Sterling Investments with 758,035 units.
In Junior Market, Dolla Financial led trading with 706,006 stocks followed by Indies Pharma with 492,394 shares and RA Williams ended with an exchange of 469,363 units.
In the preference segment, 138 Student Living preference share sank $34.19 to finish at $220.The market’s PE ratio, the most popular measure used to value stocks, ended at 13.9 based on 2024-25 earnings and 20.3 based on 2023-24 historical earnings. The ICInsider.com PE ratio chart and other more detailed daily charts provide investors with regularly updated information to help with 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 earnings per share (EPS) and PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one time income or expense.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The chart should be used in making rational decisions when investing in stocks close to the sector average, not going too far from it unless there are compelling reasons to do so. This approach helps in removing emotions from investment decisions and place them on fundamentals while 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 to assess 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.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Investors can use this measure to assess 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.
The average PE ratio of the market rose to 8, compared to 5.34 based on the current year’s earnings. The difference between the two graphically illustrates the market’s current undervalued level and by extension the upside potential ahead.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
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.by