In a slow trading session on the Jamaica Stock Exchange on Tuesday, Kingston Wharves and Scotia Group jumped over $2 followed by Supreme Ventures with a rise over $1 and helped to lift the Marin Market while the Junior Market rose moderately and the JSE USD Index fell following a sharp drop in the volume and value of stocks traded on the overall market compared with trading on Monday.
At close, the JSE Combined Market Index rose 695.35 points to close at 330,050.64, the All Jamaican Composite Index rose 1,077.90 points to 345,469.37, the JSE Main Index increased 586.98 points to close at 316,392.26, the Junior Market Index rose 16.05 points to settle at 3,805.46, while the JSE USD Market Index rose 3.66 points to finish at 254.00.
At the close, investors traded 10,734,163 shares in all three markets, down from 21,346,569 stock units on Monday. The value of stocks traded on the Junior and Main markets amounted to $50.2 million, up from $106.77 million on Monday. Trading on the JSE USD market ended with investors exchanging 401,339 shares for US$48,561 compared with 175,984 units at US$39,421, on Monday.
In the preference segment, Jamaica Public Service 7% lost $11.07 to $42 and Productive Business Solutions 10.5 % preference share climbed $195 to $1,215.
The market’s PE ratio, the most popular measure used to determine the value of stocks ended at 19.7 on 2022-23 earnings and 10.8 times those for 2023-24 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily report 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 between the same sector companies and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Investors need pertinent information to successfully navigate numerous investment options in the local 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.
Investors should use the chart to help make rational decisions when investing in stocks close to the average for the sector and 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 to assess the value of stocks based on this measure quickly. 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 pertaining to the highest bid and the lowest offer for each company.
Trading plunges on the Trinidad Exchange
Fresh from closer of trading on the Trinidad and Tobago Stock Exchange on Monday due to a public holiday, the market reopened on Tuesday, with a sharp 84 percent fall in the volume of stocks traded, with the value diving 82 percent lower than on Friday and from trading in 15 securities, down from 19 on Friday, with six stocks rising, three declining and six remaining unchanged.
Investors exchanged 89,218 shares for $1,018,274 down from 559,401 stock units at $5,612,843 on Friday.
An average of 5,948 units were traded at $67,885 compared to 29,442 shares at $295,413 on Friday, with trading month to date averaging 17,139 shares at $185,866 compared with 17,702 units at $191,805 on the previous trading day and an average of 14,526 shares at $195,195 in August.
The Composite Index dipped 0.55 points to end at 1,209.70, the All T&T Index dipped 1.05 points to conclude trading at 1,850.16, the SME Index remained unchanged at 70.47 and the Cross-Listed Index remained unchanged at 73.41.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and four with lower offers.
At close, Agostini’s popped $1 to close at $68 with 72 shares clearing the market, Angostura Holdings ended at $22.98 after investors traded of 1,000 units, First Citizens Group gained 8 cents to close at $49.19 in switching ownership of 2,794 stocks. Guardian Holdings remained at $19.10 with traders dealing in just two stocks, Guardian Media lost 20 cents and ended at $2 with stakeholders exchanging 490 stock units, Massy Holdings shed 10 cents to end at $4.85 as investors exchanged 11,902 shares. National Enterprises rallied 5 cents to close at $3.60 after an exchange of 56,607 units, NCB Financial ended at $2.90, with 120 stocks crossing the market, Prestige Holdings climbed 5 cents and ended at $8 after a transfer of 6,000 shares. 
Republic Financial rose 49 cents to end at $121.99 after 99 stock units passed through the market, Scotiabank remained at $72.50 with a transfer of 6,807 units, Trinidad & Tobago NGL dipped 9 cents and ended at a 52 weeks’ low of $12.81 with an exchange of 927 stocks. Trinidad Cement remained at $3.14 with investors transferring a mere two stock units, Unilever Caribbean popped 10 cents to end at $11.80, with 908 stocks crossing the market and West Indian Tobacco ended at $10.20 in an exchange of 1,488 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE USD Market rallies on Monday
Trading on the Jamaica Stock Exchange US dollar market ended on Monday, with a 70 percent decline in the volume of stocks changing hands but valued 287 percent more than on Friday, resulting in trading in nine securities, compared to eight on Friday with two rising, three declining and four ending unchanged.
, 175,984 shares were traded, for US$39,421 compared to 580,017 units at US$10,197 on Friday.
Trading averaged 19,554 units at US$4,380 versus 72,502 shares at US$1,275 on Friday, with a month to date average of 48,101 shares at US$3,900 compared with 50,278 units at US$3,863 on the previous day, fairly close to August with an average of 57,291 units for US$4,251.
The US Denominated Equities Index rose 3.40 points to close at 257.66.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.2. The PE ratio is computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, First Rock Real Estate USD share increased 0.89 of one cent to 6 US cents and closing after 1,974 shares changed hands, Margaritaville remained at 11 US cents with traders dealing in 113 units, 
Proven Investments dipped 1 cent to 13.5 US cents in trading 160,775 stocks Sterling Investments shed 0.02 of a cent in closing at 1.9 US cents after investors traded 1,729 stock units, Sygnus Credit Investments ended at 9.07 US cents, with 1,276 units crossing the exchange, Sygnus Real Estate Finance USD share ended at 10 US cents with an exchange of 974 stock units and Transjamaican Highway remained at 1.69 US cents with shareholders swapping 937 stocks.
In the preference segment, JMMB Group 5.75% dropped 38 cents to close at US$1.87, with 8,198 shares clearing the market and JMMB Group 6% rallied 8.24 cents to US$1.0727 with investors dealing in 8 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE Main Market rallies on trading bounce
Trading picked up on the Jamaica Stock Exchange Main Market ended on Monday, with a 263 percent jump in the volume of stocks traded following a 27 percent rise in the value over market activity on Friday, after 54 securities were traded compared with 50 on Friday, with 19 rising, 17 declining and 18 ending unchanged leading to a rise in the market indices at the close of trading.
A total of 14,060,598 shares were traded for $91,699,748 compared to 3,872,550 units at $72,059,401 on Friday.
Trading averaged 260,381 shares at $1,698,143 versus 77,451 shares at $1,441,188 on Friday and month to date, an average of 179,681 units at $1,531,791, compared with 174,613 units at $1,521,345 on the previous day and August with an average of 316,608 units at $1,867,646.
Transjamaican Highway led trading with 5.17 million shares for 36.7 percent of total volume followed by QWI Investments with 2.79 million units for 19.9 percent of the day’s trade, Wigton Windfarm with 1.70 million units for 12.1 percent market share and Sagicor Select Financial Fund with 1.24 million units for 8.8 percent of total volume.
The All Jamaican Composite Index advanced 755.20 points to 344,391.47, the JSE Main Index rallied 3,527.99 points to end at 315,805.28 and the JSE Financial Index popped 0.47 points to close at 69.88.
The Main Market ended trading with an average PE Ratio of 12.2, the JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending up to August 2024.
Investor’s Choice bid-offer indicator shows 12 stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Barita Investments fell 49 cents to end at $78.50, with 69,542 shares crossing the market, Caribbean Producers dropped 74 cents to close at $9.45 and closed with an exchange of 19,489 units, First Rock Real Estate rose $1.10 to $8.40 after 247 stocks ended changing hands, GraceKennedy popped $1.40 in closing at $73.40 in an exchange of 263,558 stock units. Jamaica Broilers gained 41 cents and ended at $31.44. with 13,396 stocks crossing the exchange, Jamaica Producers lost 50 cents and ended at $20, with 423,227 units changing hands, Key Insurance shed 34 cents to end at $2.21 after investors exchanged 35 shares, Kingston Properties increased 38 cents to close at $7.28 with trading in 495 stock units. Kingston Wharves climbed $1 in closing at $25 with shareholders swapping 3,064 shares, 
NCB Financial advanced 40 cents to end at $65.50 with investors transferring 103,724 stocks, Pan Jamaica rallied 75 cents in closing at $45.75, with 35,700 units clearing the market, Proven Investments skidded $4.20 to $20 after a transfer of 3,396 stock units. Sagicor Real Estate Fund gained 30 cents and ended at $8.30 in an exchange of 112 stock units, Scotia Group declined $2 to close at $32 with traders dealing in 265,169 stocks and Seprod dipped 39 cents to end at $69.40 after 2,428 units passed through the market.
In the preference segment, Eppley 7.50% preference share rallied 59 cents to end at $6.15 after an exchange of 1,284 shares, 
Jamaica Public Service 7% climbed $8.78 and ended at $53.07 after trading 197 units and 138 Student Living preference share lost $24.70 to close at $80.30, with 4,300 shares crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading up Junior Market prices down
Trading closed on the Junior Market of the Jamaica Stock Exchange Monday, with the volume of stocks traded rising 7 percent and the value 15 percent more than on Friday after trading took place in 46 securities compared with 44 on Friday and ended with 12 rising, 20 declining and 14 closing unchanged on a day that closed with the market index falling.
Investors traded 7,109,987 shares for $15,074,419 compared with 6,672,237 units at $13,058,494 on Friday.
Trading averaged 154,565 shares at $327,705 up from 151,642 shares at $296,784 on Friday with the month to date, averaging 193,170 units at $366,976 compared to 195,857 stock units at $369,709 on the previous day compared to August with an average of 183,001 units at $460,354.
One Great Studio led trading with 2.69 million shares for 37.9 percent of total volume followed by Dolla Financial with 1.19 million units for 16.7 percent of the day’s trade and Mailpac Group with 643,319 units for 9 percent market share.
At the close, the Junior Market Index fell 20.18 points to conclude trading at 3,789.41.
The Junior Market ended trading with an average PE Ratio of 10.3, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Access Financial rose 17 cents and ended at $25.17 in trading 1,033 shares, Derrimon Trading rallied 10 cents in closing at $2, with 28,280 stocks clearing the market, 
Future Energy Source fell 15 cents to end at $3.30 with investors dealing in 134,078 units. Indies Pharma advanced 14 cents to $2.90 in an exchange of 5,209 stock units, Iron Rock Insurance dropped 20 cents to close trading at $2 with investors swapping 50 stocks, Jamaican Teas lost 7 cents to close at $2 with an exchange of 59,546 stock units. Lasco Manufacturing dipped 11 cents in closing at $5.20 as investors exchanged 500,460 units, Main Event declined 23 cents to $14.23 after 2,266 shares crossed the market, Medical Disposables shed 39 cents and ended at at a 52 weeks’ low of $3.81, with 5,020 shares crossing the exchange.
Tropical Battery skidded 10 cents to end at $1.90, with 3,000 stock units changing hands and tTech declined 13 cents to close at $2.35 after a transfer of 87,848 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE Main Market index jumps
Trading picked up on the Main Market of the Jamaica Stock Exchange on Monday, leading to a rise in the market indices but trading on the Junior Market slipped lower and pulled the index down but the JSE USD Index rose, with trading volume falling compared with trading on Friday.
The JSE Combined Market Index rose 3,102.28 points to close at 329,355.29, the All Jamaican Composite Index climbed 755.20 points to close at 344,391.47, the JSE Main Index jumped 3,527.99 points to settle at 315,805.28, the Junior Market Index shed 20.18 points to settle at 3,789.41, while the JSE USD Market Index rose 3.40 points to finish at 257.66.
At the close, investors traded 21,346,569 shares in all three markets, up from 11,124,804 stock units on Friday. The value of stocks traded on the Junior and Main markets amounted to $106.77 million, up from $85.12 million on Friday. Trading on the JSE USD market ended with investors exchanging 175,984 shares for US$39,421 compared to 580,017 units at US$10,197, on Friday.
In the preference segment, Jamaica Public Service 7% climbed $8.78 and ended at $53.07 and 138 Student Living preference share lost $24.70 and ended at $80.30.
The market’s PE ratio, the most popular measure used to determine the value of stocks ended at 19.9 on 2022-23 earnings and 10.8 times those for 2023-24 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily report 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 between the same sector companies and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Investors need pertinent information to successfully navigate numerous investment options in the local 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.
Investors should use the chart to help make rational decisions when investing in stocks close to the average for the sector and 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 to assess the value of stocks based on this measure quickly. 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 pertaining to the highest bid and the lowest offer for each company.
Trading climbs on JSE USD Market
Trading picked on the Jamaica Stock Exchange US dollar market ended on Friday, with the volume of stocks changing hands rising 688 percent valued 309 percent more than on Thursday, resulting in the trading of eight securities, up from six on Thursday with prices of three rising, four declining and one ending unchanged.
Overall, 580,017 shares were traded, for US$10,197 up from 73,572 units at US$2,495 on Thursday.
Trading averaged 72,502 units at US$1,275 versus 12,262 shares at US$416 on Thursday, with a month to date average of 50,278 shares at US$3,863 compared with 48,662 units at US$4,051 on the previous day. August ended with an average of 57,291 units for US$4,251.
The US Denominated Equities Index shed 1.12 points to end at 254.26.
The USD Market ended with a PE Ratio, of 9, the PE is the most commonly used measure in determining stock values and is computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with financial year ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, First Rock Real Estate USD share popped 0.01 of a cent to 5.11 US cents after an exchange of 360 shares, Margaritaville declined 1 cent to end at 11 US cents as investors traded 43 stock units, MPC Caribbean Clean Energy remained at 55 US cents with shareholders swapping 94 stocks. 
Proven Investments fell 0.25 of one cent in closing at 14.5 US cents with stakeholders exchanging 4,029 units, Sterling Investments lost 0.03 of a cent and ended at 1.92 US cents with a transfer of 21,145 stocks. Sygnus Credit Investments dropped 0.03 of a cent to close at 9.07 US cents with an exchange of 558 units, Sygnus Real Estate Finance USD share rallied 1.5 cents to 10 US cents with investors dealing in 106 stocks and Transjamaican Highway popped 0.06 of a cent in closing at 1.69 US cents in switching ownership of 553,682 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Losing stocks edged winners on Main Market
More funds flowed into trading activity on the Jamaica Stock Exchange Main Market on Friday, but it bought 41 percent fewer shares valued 79 percent more than on Thursday, after trading ended with 50 securities changing hands compared with 54 on Thursday, with 18 rising, 21 declining and 11 ending unchanged.
Overall, 3,872,550 shares were traded for $72,059,401 up from 6,606,269 units at $40,160,944 on Thursday.
Trading averaged 77,451 shares at $1,441,188 versus 122,338 shares at $743,721 on Thursday and month to date, an average of 174,613 units at $1,521,345, compared with 180,611 units at $1,526,293 on the previous day. August closed with an average of 316,608 units at $1,867,646.
Wigton Windfarm led trading with 1.17 million shares for 30.2 percent of the volume, Transjamaican Highway followed with 620,445 units for 16 percent of the day’s trade and Barita Investments with 253,835 units for 6.6 percent market share.
The All Jamaican Composite Index shed 1,768.93 points to end at 343,636.27, the JSE Main Index increased 876.64 points to 312,277.29 and the JSE Financial Index popped 0.17 points to close at 69.41.
The Main Market ended trading with an average PE of 12.2. The JSE Main and USD Market PE are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending up to August 2024.
Investor’s Choice bid-offer indicator shows 10 stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Barita Investments jumped $1.99 to end at $78.99 in switching ownership of 253,835 shares, Berger Paints dropped 59 cents to $7.15 while exchanging 3,273 units, Caribbean Cement lost 50 cents in closing at $49 with shareholders swapping 131,630 stocks, Caribbean Producers shed 21 cents to close at $10.19 with an exchange of 18,203 stocks. Eppley Caribbean Property Fund rallied $1.90 and ended at $38.90 after 12 shares passed through the market, GraceKennedy rallied 49 cents to $72, with 148,464 stocks crossing the market, Guardian Holdings popped $5 and ended at $445 with a transfer of 366 units, Jamaica Broilers fell 47 cents to $31.03 after investors ended trading 7,824 stock units. Jamaica Producers climbed 50 cents to close at $20.50 with 60,097 units changing hands, Key Insurance declined 23 cents to end at $2.55, with 224 stock units crossing the exchange, Kingston Properties rose 28 cents and ended at $6.90 with investors dealing in 512 shares, 
Kingston Wharves skidded $3.72 to close at a multiyear low of $24 with stakeholders exchanging 45,945 stocks. Massy Holdings dipped 23 cents to end at $104.17 with traders dealing in 178 shares, Mayberry Investments shed 81 cents to $7.10 after a transfer of 18,129 stocks, Pan Jamaica increased $3.90 in closing at $45 with 230,694 stock units crossing the market, Sagicor Group climbed 80 cents in closing at $44.60 with investors transferring 15,345 units. Sagicor Real Estate Fund dipped 34 cents to close at $8, with 20,000 shares changing hands, Scotia Group popped 50 cents and ended at $34 in trading 92,228 stocks and Supreme Ventures gained 50 cents to end at $27.50 after exchanging 19,296 units.
In the preference segment, JMMB Group 7.25% preference share advanced 23 cents to $1.90 after an exchange of 544 stock units and 138 Student Living preference share jumped $11.52 and ended at $105 as investors exchanged 114 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Investors cooled on One Great Studio
Trading cool in on shares of One Great Studio at the close of the Junior Market of the Jamaica Stock Exchange on Friday, with less than 2 million shares trading compared to more than 14 million units traded in each of the previous three days as such Friday’s volume dropped sharply 68 percent with a 59 percent lower the value of stocks being traded but the Junior Market was able to record a moderate modest increase at the close of trading.
A total of 44 securities were traded compared to 45 on Thursday with market activity ending with prices of 20 rising, 15 declining and nine closing unchanged.
Investors traded 6,672,237 shares for $13,058,494 down from 21,011,494 units at $31,863,579 on Thursday.
Trading averaged 151,642 shares at $296,784 compared with 466,922 shares at $708,080 on Thursday with the month to date, averaging 195,857 units at $369,709 down from 199,010 stock units at $374,909 on the previous day. August closed with an average of 183,001 units at $460,354.
One Great Studio led trading with 1.89 million shares for 28.3 percent of total volume followed by Derrimon Trading with 1.64 million units for 24.6 percent of the day’s trade and Dolla Financial with 766,933 units for 11.5 percent market share.
At the close, the Junior Market Index rose 5.63 points to settle at 3,809.59.
The Junior Market ended trading with an average PE Ratio of 10.4, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and eight with lower offers.
At the close, AMG Packaging rallied 21 cents to $2.49 after 18,873 shares passed through the market, Blue Power advanced 15 cents to $2.65 in switching ownership of 10 units, CAC 2000 climbed 58 cents to end at $4.46 after an exchange of 15 stocks, Cargo Handlers lost 45 cents to close at $14.50, with 5,095 stock units crossing the market. Caribbean Cream climbed 58 cents to $4.10 in trading 300 stocks, Caribbean Flavours popped 8 cents to end at $1.30 with investors transferring 41,968 units, Consolidated Bakeries shed 29 cents to close at $2.10 after a transfer of 200 shares, Derrimon Trading dropped 10 cents and ended at $1.90 in an exchange of 1,640,776 stocks. Dolla Financial dipped 11 cents in closing at $2.16 in trading of 766,933 stocks, Dolphin Cove rose 49 cents to $16.49, with 5,790 shares crossing the exchange, EduFocal gained 5 cents to end at $1.39 with shareholders swapping 69,976 units, Fontana rose 10 cents to close at $10.40 after exchanging 40,779 stock units. Fosrich skidded 11 cents in closing at $2.24 after trading 51,522 stock units, Future Energy Source gained 14 cents to $3.45 with investors dealing in 166,158 shares, 
Honey Bun popped 50 cents and ended at $6.80 as investors exchanged 1,160 stocks, Indies Pharma fell 14 cents to end at $2.76, with 4,475 units crossing the market. ISP Finance dropped $9.93 to close at $35 with 4,999 shares changing hands, Jamaican Teas advanced 7 cents and ended at $2.07 while exchanging 9,447 stock units, JFP Ltd dipped 5 cents to close at $1.50 after investors traded 38,548 units, Knutsford Express rose 5 cents in closing at $11.35 with a transfer of 18,570 stocks. Lasco Distributors rallied 10 cents and ended at $4.30 with traders dealing in 50 stocks, Lasco Manufacturing skidded 9 cents in closing at $5.31 with stakeholders exchanging 387 shares, Lumber Depot increased 14 cents to close at $2.24 with 684,872 stock units clearing the market, MFS Capital Partners rose 5 cents to $2.05 with an exchange of 29,459 units. 
One Great Studio shed 7 cents to end at $1.20 with investors transferring 1,889,355 units, Regency Petroleum increased 5 cents in closing at $2.15 after an exchange of 260,408 shares, Spur Tree Spices advanced 10 cents and ended at $2.10 with a transfer of 117,165 stocks and Stationery and Office Supplies popped 10 cents to end at $1.70 while exchanging 354,221 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading in One Great Studio plunges
Investors seem to have cooled on newly listed One Great Studio with less than 2 million units changing hands on Friday following three days of more than 14 million stocks being traded for each day since listing on Tuesday, with the price drifting down to $1.20 at the close of the week when the overall market end the week with mixed fortunes as the Junior Market inched higher and the Main Market main index rose but the All Jamaican Composite Index fell.
At close, the JSE Combined Market Index rose 869.06 points to close at 326,253.01, with the All Jamaican Composite Index falling 1,768.93 points to 343,636.27, the JSE Main Index rallied 876.64 points to close at 312,277.29, the Junior Market Index rose 5.83 points to 3809.59, while the JSE USD Market Index shed 1.12 points to finish at 254.26.
At the close, investors exchanged 11,124,804 shares in all three markets, up from 27,691,335 stock units on Thursday. The value of stocks traded on the Junior and Main markets amounted to $85.12 million, up from $72 million on Thursday. Trading on the JSE USD market ended with investors exchanging 580,017 shares for US$10,197 up from 73,572 units at US$2,495, on Thursday.
In the preference segment, 138 Student Living preference share jumped $11.52 and ended at $105.
The market’s PE ratio, the most popular measure used to determine the value of stocks ended at 19.7 on 2022-23 earnings and 10.8 times those for 2023-24 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily report 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 between the same sector companies and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Investors need pertinent information to successfully navigate numerous investment options in the local 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.
Investors should use the chart to help make rational decisions when investing in stocks close to the average for the sector and 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 to assess the value of stocks based on this measure quickly. 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 pertaining to the highest bid and the lowest offer for each company.
