Investors pushed the Junior and the JSE USD markets much higher at the close of trading on Thursday but left the Main market languishing for support with the market sliding at the close to lower landing following a sharp fall in the volume and value of stocks traded compared to that of Wednesday.
At the close, the JSE Combined Market Index fell 286.71 points to close at 339,406.02, the All Jamaican Composite Index shed 1,227.06 points to close at 361,613.51, the JSE Main Index dropped 863.88 points to close at 324,342.50, while the Junior Market Index jumped 56.73 points to close at 4,017.12 and the JSE USD Market Index added 8.38 points to settle at 255.82.
Preference shares with notable price movements but are in the TOP10 graphs are Productive Business 10.50% preference share that jumped $24.99 to $1125 while Jamaica Public Service 7% rose $4.15 to end at $45.69.
At the close, investors exchanged 13,544,737 shares in all three markets, up from 71,109,240 stocks on Wednesday. The value of stocks trading in the Junior and Main markets was a mere $47.8 million, down from $190.27 million on Wednesday. Trading on the JSE USD market ended with investors exchanging 112,148 shares for US$10,192 from 929,491 units at US$16,864 on Wednesday.
The market’s PE ratio, the most popular measure used to determine the value of stocks ended at 18.8 on 2022-23 earnings and 12.5 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 and shows companies 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.
Modest movement in all JSE market indices
All markets fell at the close of trading on Wednesday with modest movements in all three market indices following a sharp rise in the volume and value of stocks traded compared to that of Tuesday.
At the close, the JSE Combined Market Index added 17.26 points to close at 339,692.73, the All Jamaican Composite Index slipped 41.48 points to conclude trading at 362,840.57, the JSE Main Index fell 77.50 points to finish at 325,206.38, while the Junior Market Index popped 9.79 points to end at 3,960.39 and the JSE USD Market Index added 0.41 points to settle at 247.44.
Preference shares with notable price movements but are not in the TOP10 graphs are Eppley 5% preference share that popped $1 in closing at $21, Eppley 7.25% preference share rising $2.33 to $18.52, Jamaica Public Service 7% fell 96 cents to end at $41.54, Jamaica Public Service 9.5% rallied $342.47 to a record high of $3767.17 and 138 Student Living preference share dropped $15.75 to end at $89.24.
At the close, investors exchanged 71,109,240 shares in all three markets, up from 16,768,963 stocks on Tuesday. 
The value of stocks trading in the Junior and Main markets was a mere $190.27 million, from $45.2 million on Tuesday. Trading on the JSE USD market ended with investors exchanging 929,491 shares for US$16,864 from 965,788 units at US$23,655 on Tuesday.
The market’s PE ratio, the most popular measure used to determine the value of stocks ended at 18.5 on 2022-23 earnings and 12.5 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 and shows companies 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.
All JSE markets fall as trading drops
All markets fell at the close of trading on Tuesday following a sharp fall in the volume and value of stocks traded compared to that of Monday even as trading in the USD market exceeded that on Monday.
At the close, the JSE Combined Market Index fell 558.24 points to 339,675.47, the All Jamaican Composite Index dipped 497.53 points to 362,882.05, the JSE Main Index popped 82.35 points to end at 325,283.88, while the Junior Market Index dropped 69.39 points to settle at 3,950.60 and the JSE USD Market Index dipped 0.60 points to settle at 247.03.
The Preference shares closed with no stocks ending with notable price movements.
At the close, investors exchanged 16,768,963 shares in all three markets, up from 28,770,036 stocks on Monday. The value of stocks trading in the Junior and Main markets was a mere $45.2 million, from $96.24 million on Monday. Trading on the JSE USD market ended with investors exchanging 965,788 shares for US$23,655 from 628,194 units at US$15,064 on Monday.
The market’s PE ratio, the most popular measure used to determine the value of stocks ended at 18.6 on 2022-23 earnings and 12.5 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 and shows companies 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.
Gains for Junior Market, Main Market ends lower
The Junior Market climbed even higher than Friday’s close to its highest level since the end of January this year and the JSE USD market closed higher but the Main Market slipped, with volume and value trading rising moderately above that of Friday.
At the close, the JSE Combined Market Index fell 1,248.89 points to close at 340,233.71, the All Jamaican Composite Index gained 91.60 points to end at 363,379.58, the JSE Main Index shed 1,424.39 points to close at 325,201.53, while the Junior Market Index added 8.76 points to end trading at 4,019.99 and the JSE USD Market Index popped 3.80 points to close at 247.63.
Preference shares with notable price movements but not in the Main Market TOP10 graphs are Jamaica Public Service 7% lost $7.50 to close at $42.50 and Jamaica Public Service 9.5% surged $446.70 to $3424.70.
At the close, investors exchanged 28,770,036 shares in all three markets, up from 18,632,454 stocks on Friday. The value of stocks trading in the Junior and Main markets was $96.24 million, from $59.33 million on Friday. Trading on the JSE USD market ended with investors exchanging 628,194 shares for US$15,064 from 684,072 units at US$37,141 on Friday.
The market’s PE ratio, the most popular measure used to determine the value of stocks ended at 18.7 on 2022-23 earnings and 12.5 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 and shows companies 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.
Junior Market in black after 6 months
On a day when the Main Market slipped moderately and the JSE USD market recorded modest gains, the Junior Market climbed to its highest level since the end of January this year and closed in positive territory for the first time in just over five months, having crossed over 4,000 points mark at the close as it continues to consolidate in pursuit of much higher levels as indicated by technical readings, as the overall market ended trading activities below that on Thursday.
At the close, the JSE Combined Market Index lost 969.18 points to close at 341,482.60, the All Jamaican Composite Index dropped 2,051.59 points to end at 363,287.98, the JSE Main Index fell 1,305.66 points to 326,625.92, while the Junior Market Index popped 27.22 points to close at 4,011.23 and the JSE USD Market Index popped 0.95 points to close at 243.83.
Preference shares with notable price movements but not included in the Main Market TOP10 graphs include Productive Business 10.50% pref share that declined by $99.99 to $1100.01 and Jamaica Public Service 7% fell $6.21 to close at $50.
At the close, investors exchanged 18,632,454 shares in all three markets, down from 24,344,007 stocks on Thursday. The value of stocks trading in the Junior and Main markets was $59.33 million, compared with $61.37 million on Thursday. Trading on the JSE USD market ended with investors exchanging 684,072 shares for US$37,141, up from 266,681 units at US$6,174 on Thursday.
The market’s PE ratio, the most popular measure used to determine the value of stocks ended at 18.9 on 2022-23 earnings and 12.6 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 and shows companies 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 dives on the Jamaica Exchange
Trading ended with mixed fortunes on Thursday, with trading levels falling below that on Wednesday and resulted in the JSE Main index and JSE USD market indices declining but the Junior Markets and the All Jamaican index rose.
At the close, the JSE Combined Market Index fell 385.17 points to end at 342,451.78, the All Jamaican Composite Index rallied 655.47 points to 365,339.57, but the JSE Main Index dipped 445.92 points to 327,931.58 while the Junior Market Index popped 3.37 points to close at 3,984.01, after closing in on 4,040 points up to last 30 minutes left in the day’s session. The JSE USD Market Index slipped 3.45 points to 242.88.
Preference share with notable price movements but not in the Main Market TOP10 graphs was Jamaica Public Service 7% gaining $1.21 to $56.21.
At the close, investors exchanged 24,344,007 shares in all three markets, up from 23,127,467 stocks on Thursday. The value of stocks trading in the Junior and Main markets was $61.37 million, down from $108.2 million on Thursday. Trading on the JSE USD market ended with investors exchanging 266,681 shares for US$6,174 from 230,849 units at US$10,905 on Thursday.
The market’s PE ratio, the most popular measure used to determine the value of stocks ended at 18.8 on 2022-23 earnings and 12.6 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 and shows companies 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 pull back on the Jamaica Exchange
Trading pulled back from a bounce on Tuesday and return to more recent levels as the Main and Junior Markets index slipped at the close of the Jamaica Stock Exchange on Wednesday and the USD markets rose after the volume and value of stocks traded dropped compared to Tuesday.
At the close, the JSE Combined Market Index dropped 489.22 points to 342,836.95, the All Jamaican Composite Index dropped 1,461.79 points to finish at 364,684.10, the JSE Main Index fell 487.98 points to settle at 328,377.50. The Junior Market Index slipped 3.70 points to close at 3,980.64. The JSE USD Market Index popped 3.85 points to close at 246.33.
Preference shares with notable price movements but not in the Main Market TOP10 graphs are Eppley 5% preference share gained $2.87 and ended at $20, Eppley 7.50% preference share rallied 61 cents to end at $6.70 and Jamaica Public Service7% advanced $6.12 to $55.
At the close, investors exchanged 23,127,467 shares, in all three markets, down sharply from 83,893,459 stocks on Tuesday. The value of stocks trading in the Junior and Main markets was $108.2 million, a big climb from $654.8 million on Tuesday. Trading on the JSE USD market ended with investors exchanging 230,849 shares for US$10,905 from 447,072 units at US$12,058 on Tuesday.
The market’s PE ratio, the most popular measure used to determine the value of stocks ended at 18.6 on 2022-23 earnings and 12.5 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 and shows companies 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 bumped up over Monday
Trading surged on the Jamaica Stock Exchange on Tuesday, as the Junior Market index rose but the Main and the USD markets declined after trading level more than doubled that on Monday as Eppley traded 8.4 million shares at a value of $358 million and JMMB Group 7.25C preference share traded 5 million units for $96.5 million
At the close, the JSE Combined Market Index dipped 113.78 points to end at 343,326.17, the All Jamaican Composite Index fell 659.59 points to 366,145.89, the JSE Main Index slipped 272.83 points to 328,865.48 fell 659.59 points to 366,145.89, the JSE Main Index declined 272.83 points to 328,865.48. The Junior Market Index rose 15.38 points to close at 3,984.34. The JSE USD Market Index fell 6.53 points to close at 242.48.
Preference shares with notable price movements but not in the Main Market TOP10 graphs are Eppley 7.50% preference share that dipped $1.08 to $6.09, Jamaica Public Service 7% dropping $8.62 to close at $48.88. Jamaica Public Service 9.5% fell $22 to end at $2978, 138 Student Living preference share rose $17 to end at $105 and Productive Business Solutions 9.75% preference share rallied $12.90 to $103.
At the close, investors exchanged 83,893,459 shares in all three markets, up sharply from 24,673,817 stocks on Monday. The value of stocks trading in the Junior and Main markets was $654.8 million, a big climb from $192.4 million on Monday. 
Trading on the JSE USD market ended with an exchange of 447,072 shares for US$12,058 from 1,296,152 units at US$10,636 on Monday.
The market’s PE ratio, the most popular measure used to determine the value of stocks ended at 18.8 on 2022-23 earnings and 12.6 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 and shows companies 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 and 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 base 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.
JSE markets fall in welcoming July
All three markets on Jamaica Stock Exchange closed lower on Monday, but the Junior Market made solid gains throughout the trading session after it opened down to just over 3,909 points within minutes of opening, thanks to a big jump in the prices of Fontana and Stationery and Office Supplies, the market index ended much higher at the close, but the Main and the USD Market suffered sharp reversal to Friday’s close.
At the close, the JSE Combined Market Index dropped 2,842.58 points to close at 343,439.95, the All Jamaican Composite Index dived 3,768.45 points to 366,805.48, the JSE Main Index declined 2,896.62 points to finish at 329,138.31. The Junior Market Index lost 15.27 points to close at 3,968.96. The JSE USD Market Index fell 7.39 points to close at 249.01.
Preference shares with notable price movements but not in the Main Market TOP10 graphs are Jamaica Public Service 7% shed $9.50 and ended at $57.50 and 138 Student Living preference share advanced $3 in closing at $88.
At the close, investors exchanged 24,673,817 shares, in all three markets, down sharply from 48,899,684 stocks on Friday. The value of stocks trading in the Junior and Main markets was $192.4 million, down from $307.37 million on Friday. Trading on the JSE USD market ended with investors exchanging 1,296,152 shares for US$10,636 down from 179,896 units at US$10,636 on Friday.
The market’s PE ratio ended at 18.8 on 2022-23 earnings and 12.8 times those for 2023-24 at the close of trading. 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 put in 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 ICInsider.com PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange and shows companies grouped per industry, allowing easy comparisons between the same sector companies and the overall market.
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.
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 stocks dominate half year
At the midway point in the year, the Jamaica Stock Exchange Main Market is down 7 percent, with the Financial Index down a much larger 15 percent, but the Junior Market is flat, as the JSE delivered 35 price gains for the ordinary shares and 59 losses as Junior Market stocks dominated the top positions for the first half of 2023.
Expectations are that the Junior Market will continue its upward movement in the second half of the year with technical indicators pointing to a big upward push in the market. The market gained 75 percent the last time these indicators flashed a buy signal.
The Main Market remains under some selling pressure and is not signalling a sustained rally in the short term. But June is never the month of recovery for that market following sell in May and go away. July is the month that is historically the period in the past the Main Market usually starts to rally and sometimes as late as August fueled by mid year results that will mostly be in by the middle of August.
There are only two Main Market stocks in the TOP10 with Transjamaican heads Stocks to Watch coming on top for that market with a 77 percent gain, year to date, with it being the second highest performer for the overall market for the year so far. Ciboney is up 59 percent and the fifth highest performer, and the second best Main market stock, thanks partially to a change in the majority ownership to IEC Energy Company Ltd, with the new directors being Nigel Davy, Jennifer Davy, Klyle Davy, Wycliffe Cameron Conley Salmon Donald Patterson and Wayne Wray.
The top performing stock is Main Event with a rise of 89 percent, with more gains expected with the PE ratio of just 10 times this year’s earnings, while Stationery and Office Supplies doubled after an announcement to consider a stock split at a directors meeting on June 21 ended with a gain of 37 percent for the half year as the price pulled back after the directors announced a recommendation for a 9 for 1 split to be voted on at the company’s AGM on July 25.
The Junior Market has the majority of stocks, six, in the worst performer grouping, with Fosrich being the worst with a loss of 45 percent as the price corrected sharply from an overbought position last year, followed by iCreate down 34 percent from excessive speculation from a number of announcements the company made last year.
