In Wednesday’s trading on the Jamaica Stock Exchange, this week’s listed EduFocal climbed to $1.75 and JFP climbed to $1.85, after trading as high as $1.90, with both helping the Junior Market Index to rise 8.03 points to settle at 4,003.47 at the close.
The Combined Index dropped 1,013.51 points to 396,342.20 the All Jamaican Composite Index lost 1,779.45 points to settle at 432,406.50, the JSE Main Index dipped 1,158.80 points to end at 385,372.01.
The market’s PE ratio ended at 19 based on 2021-22 earnings and 11.7 times those for 2022-23 at the close of 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 regularly updated information to help with decision making.
Investors should make use of the chart to help make rational investment decisions, by investing in stocks that are close to the average for the sector and not going too far from it, unless there are compelling reasons to do so. 
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. This approach helps to take emotions out of the investment decision and put in on fundamentals while at the same time not being too far from the majority of investors.
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 price movement 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 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.
New listing enriching investors
Edufocal jumps 31% on first day trading on Junior Market
Shares of EduFocal were listed on the Jamaica Stock Exchange on Tuesday following the recent initial public offer of shares following the listing of JFP Limited on Monday. Edufocal hit the maximum of $1.32 for the day with a small number of shares trading, with nearly 33 million on the bid at the close, while JFP climbed to $1.68, up 68 percent from the IPO price of $1.
The Combined Index dived 3,528.93 points to 397,355.68, the All Jamaican Composite Index declined 4,236.02 points to 434,185.95, the JSE Main Index dropped 3,408.49 points to end at 386,530.80 while the Junior Market Index dropped 38.05 points to settle at 3,995.43.
The market’s PE ratio ended at 20.7 based on 2021-22 earnings and 12.8 times those for 2022-23 at the close of 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 regularly updated information to help with decision making.
Investors should make use of the chart to help make rational investment decisions, by investing in stocks that are close to the average for the sector and not going too far from it, unless there are compelling reasons to do so. 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. This approach helps to take emotions out of the investment decision and put in on fundamentals while at the same time not being too far from the majority of investors.
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 price movement 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 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.
JFP jumps 31% Massy drags down JSE Index
The recent initial publicly offered stock, JFP Limited listed on the Jamaica Stock Exchange on Monday and closed 31 percent higher than the issue price of $1, but the move up was just barely able to keep the junior market from falling at the close, with the Combined Index diving 10,223.74 points to 400,884.61 after Massy Holdings dropped in price.
The All Jamaican Composite Index declined a more moderate 1,713.39 points to settle at 438,421.97, JSE Main Index dropped 10,931.95 points to 389,939.30, while the Junior Market Index added just 2.59 points to end the week at 4032.48, after rising to 4,109 points shortly after the market opened.
The market’s PE ratio ended at 17.6 based on 2021-22 earnings and 11 times those for 2022-23 at the close of 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 regularly updated information to help with decision making.
Investors should make use of the chart to help make rational investment decisions, by investing in stocks that are close to the average for the sector and not going too far from it, unless there are compelling reasons to do so. 
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. This approach helps to take emotions out of the investment decision and put in on fundamentals while at the same time not being too far from the majority of investors.
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 price movement 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 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.
Bounce for Jamaica Stock Exchange
The Jamaica Stock Exchange made headway at the close on Friday, with the JSE Main Index adding 876.40 points to settle at 400,871.3 and the Combined Index gaining 1618.02 points to 411,108.40, but the All Jamaican Composite Index declined 2,112.90 points to settle at 440,135.36, while the Junior Market made great strides in the past two days with the market Index adding another 90.51 points on Friday following Thursday’s 70.26 points rise to end the week at 4031.89.
The market’s PE ratio ended at 17.6 based on 2021-22 earnings and 11 times those for 2022-23 at the close of 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 regularly updated information to help with decision making.
Investors should make use of the chart to help make rational investment decisions, by investing in stocks that are close to the average for the sector and not going too far from it, unless there are compelling reasons to do so. 
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. This approach helps to take emotions out of the investment decision and put in on fundamentals while at the same time not being too far from the majority of investors.
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 price movement 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 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.
2021 – not great for Unit Trusts
2021 was not a great year for equity linked Unit Trust schemes, with the highest returns being 10.51 percent and the next best was 8.74 percent that is not bad when viewed against the Jamaica Stock Exchange Composite Index in 2021 with a rise of a mere 2.2 percent.
Scotia Investments Capital Growth Fund was tops in 2021 following years of being tops in the past.
Scotia Investments one of the perennial top performers in past years, delivered another industry-beating best performance in 2021, based on information published just before the last day of the year with a return of 10.51 percent, followed by Sigma Equity with a return of 8.74 percent. VM Wealth US dollar fund ended with 11.43 percent but the Jamaican Equity fund ended with just 3.7 percent.
JMMB Group’s Capital Growth Fund returned 5.09 percent whilst its Optimum Capital Fund rose 6.86 percent. NCB Capital Market posted gains of 6.24 percent, Proven Investments Select Equity returned 6.11 percent gains for their clients, why JN Mutual Global Fund had returns of 4.56 percent and Barita Investments could only manage a return of 5.09 percent.
Cumax Wealth Management Jamaican equity fund delivered a negative return of 3.16 percent for the year.
Investors should not only focus on recent performance but how well the funds have done over a lon=ger period. For the 5 years to the end of 2018, the three best performing Funds were Sagicor’s Sigma Equity, Scotia’s Premium Growth and Barita’s Capital Growth, for the 10 years to 2018, the same three Funds have been the top performers.
Massy pushes JSE Main Index sharply higher
The Jamaica Stock Exchange got a huge bolt in trading on Thursday, with the JSE Main Index adding 11,265.05 points to settle at 399,994.85 after Massy Holdings stock jumped$28 to $128 following the 20 for one stock split. The Combined Index gained 11,173.78 points to 409,490.33, the All Jamaican Composite Index rallied 1,744.16 points to 442,248.26 and The Junior Market almost reversed Wednesday’s 76 points loss by adding 70.26 points on Thursday to end at 3941.38.
The market’s PE ratio ended at 17.6 based on 2021-22 earnings and 11 times those for 2022-23 at the close of the Jamaica Stock Exchange market activity.
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 regularly updated information to help with decision making.
Investors should make use of the chart to help make rational investment decisions, by investing in stocks that are close to the average for the sector and not going too far from it, unless there are compelling reasons to do so. 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. This approach helps to take emotions out of the investment decision and put in on fundamentals while at the same time not being too far from the majority of investors.
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 price movement 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 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.
Junior Market plunges 221 points in 2 days
Several stocks in the Junior Market that reached astronomical levels last week suffered a sharp reversal with the market index dropping 129.55 points on Monday followed by 91.49 points and Tuesday to settle at 3,947.12 as some of the recent highflying stocks suffered sharp retreat.
Jamaica Stock Exchange Main Market stocks maintained their consolidation posture. The Combined Index rose 652.77 points to 399,751.21, the All Jamaican Composite Index popped 814.75 points to 441,536.97 the JSE Main Index rallied 1,556.37 points to settle at 389,546.85
The market’s PE ratio ended at 17.1 based on 2021-22 earnings and 10.8 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 regularly updated information to help with decision making.
Investors should make use of the chart to help make rational investment decisions, by investing in stocks that are close to the average for the sector and not going too far from it, unless there are compelling reasons to do so. 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. This approach helps to take emotions out of the investment decision and put in on fundamentals while at the same time not being too far from the majority of investors.
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 price movement 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 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.
Juniors plunge 130 points, majors steady
Several Junior Market stocks that reached astronomical levels last week suffered sharp reversals on Monday, with trading in several stocks being halted in the early morning session and the market closed in sending the junior market index that surged last week to record intraday high of 4,185.95 and closed at 4,168.16, down sharply today slashed 129.55 points to closed at 4,038.61.
Jamaica Stock Exchange Main Market stocks maintained their consolidation posture, with the Combined Index falling 571.27 points to 399,098.44, the All Jamaican Composite Index gained 1,130.32 points to end at 440,722.22 and the JSE Main Index rallied 607.57 points to settle at 387,990.48. The market’s PE ratio ended at 17.5 based on 2021-22 earnings and 11 times those for 2022-23 at the close of 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 regularly updated information to help with decision making.
Investors should make use of the chart to help make rational investment decisions, by investing in stocks that are close to the average for the sector and not going too far from it, unless there are compelling reasons to do so. 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. This approach helps to take emotions out of the investment decision and put in on fundamentals while at the same time not being too far from the majority of investors.
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 price movement 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 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.
Huge jump in trading at Jamaica Stock Exchange
Trading on the Jamaica Stock Exchange climbed sharply for the first two months and three days of 2022, well above the similar period last year with both the Main and Junior markets showing strong increases in volumes and value of trading.
In 2021, the Junior Market traded 422 million shares in the first two months valued at just over $1 billion that climbed to 137 percent to 577 million shares valued 212 percent higher at $2.17 billion but trading for the first three days of March is up a strong 543 percent over the similar period in 2021.
Main Market trading climbed 111 percent in volume and 184 percent in value to 712.7 million units at $6.35 billion up from 641.8 million units valued at $3.46 billion. For the first three days of March, the value of stocks traded on the Main Market is $1.765 billion and is up a stunning 674 percent for the same period in 2021. March dollar value trading is 48 percent of this year’s February and the value of Junior Market trading for the first three days of March amounts to $426 million or 36 percent of the value of stocks traded for February this year.
Not only are the numbers for March so far are now at 65 percent of the entire value traded in March 2021 in the Main Market, with the Junior Market at 36 percent of the $1 billion traded for March 2021.
The trend if continued is positive for the two main stock exchange markets and suggest a big rise in stock price and a big jump in revenues and profits at Jamaica Stock Exchange that generated income of 1.93 billion last year up just 12.6 percent from $1.71 earned in 2020 and profit of $497 million up 22 percent over the $407 million earned in 2020 after tax as the company held cost to $1.24 billion up 8.7 percent above $1.14 billion in 2020. Taxation ate into the profits, taking $244 million compared to $212 million in 2020. The company reported 71 cents per share for 2021 but this seems set to explode sharply higher in 2022 if the above trading trends continue.
The company remains in a very healthy financial position with current assets ending the year at $881 million and current liabilities of $235 million and generating cash inflows of $777 million for the year. The JSE ended with shareholders’ equity of $1.9 billion in 2021 up from $1.5 billion in 2020.
The JSE is not only benefitting from increased trading for 2022 but will be seeing new listings during the year that will provide added income and profits for them.
The stock traded at $16.95 on Friday at a PE ratio of 24 but the PE seems poised to fall sharply for 2022 with the strong growth in revenues from existing business as well as a result of new listings, accordingly, ICInsider.com places an ICBUY RATED approval on the stock.
Junior Market surges to a new record high
The Junior Market blast through 4,100 points on Friday on the way to yet another record closing high of 4,168.16, up 95.60 points for the day after hitting all-time intraday high of 4,185.95 at 11.45 am. A the same time Jamaica Stock Exchange Main Market stocks continued to consolidate, with the Combined Index falling 572.07 points to 399,669.70.
The All Jamaican Composite Index lost 1,330.54 points to settle at 439,591.90 and the JSE Main Index slipped 1,508.82 points to 387,382.91.
A number of Junior Market stocks traded at 52 weeks’ high, with Future Energy hitting a new record of $8.30, Lumber Depot traded at record $4.05, Derrimon Trading closing at $3.09, Spur Tree climbed to a record of $3.96 and Tropical Battery hit a record of $2.30 during the session.
The market’s PE ratio ended at 18.4 based on 2021-22 earnings and 11.8 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 regularly updated information to help with decision making.
Investors should make use of the chart to help make rational investment decisions, by investing in stocks that are close to the average for the sector and not going too far from it, unless there are compelling reasons to do so. 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. This approach helps to take emotions out of the investment decision and put in on fundamentals while at the same time not being too far from the majority of investors.
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 price movement 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 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.