Jamaican stocks creep quietly into New Year


The Jamaica Stock Exchange opened trading in the New Year with gains in the major indices and closed with the Main Market JSE Index, Junior Market and the USD market finishing above the 2024 close and the All Jamaican Composite Index lost ground to start the new year lower. At the close of trading the prices of 46 shares rose, 53 declined and 17 remained firm.

The market ended with the JSE Combined Market Index rising 372.01 points to close trading at 348,268.23, the All Jamaican Composite Index fell 1,301.49 points to close at 386,928.50, the JSE Main Index increased 331.48 points to end the day at 336,126.42, the Junior Market Index managed to close just 7.67 points higher at 3,742.72 and the JSE USD Market Index rose 0.44 points to conclude trading at 252.32.
At the close of trading, 19,501,677 shares were exchanged in all three markets, down sharply from 80,752,276 units on Tuesday, with the value of stocks traded on the Junior and Main markets amounting to $68.29 million, well below the $355.98 million on the previous trading day. The JSE USD market closed with an exchange of just 59,603 shares for US$7,997 compared to 926,638 units at US$32,454 on Tuesday.
In Main Market activity, Wigton Energy led trading with 3.85 million stocks followed by Transjamaican Highway with 3.50 million shares and Pulse Investments with 571,191 units.
In Junior Market trading, One Great Studio led with 1.13 million stocks followed by Lasco Financial with 1.12 million shares and Derrimon Trading with 1.11 million units.
In the preference segment, Jamaica Public Service 7% declined $8.95 to end at $3 , Productive Business Solutions 10.5% preference share shed $2 to $1118 and Sygnus Credit Investments C10.5% lost $3.62 and ended at $101.38.
The market’s PE ratio, the most popular measure used to value stocks, ended at 14.2 based on 2024-25 projected earnings and 20.8 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 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 2024 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 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 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.

Big gains for Main Market stocks to close 2024


Trading Tuesday on the Jamaica Stock Exchange ended with a rise in the volume of stocks that were exchanged with a greater value than on Monday, resulting in Main Market major indices rising, the Junior Market index declining and the JSE USD Market climbing. At the close of trading the prices of 55 shares rose, 33 declined and 32 remained firm.

At the close of the market, the JSE Combined Market Index rallied 2,247.56 points to 347,896.22, the All Jamaican Composite Index popped 2,828.07 points to end at 388,229.99, the JSE Main Index jumped 2,595.47 points to finish at 335,794.94, the Junior Market Index dropped 32.70 points to end at 3,735.05 and the JSE USD Market Index climbed 21.44 points to 251.88.
At the close of trading, 80,752,276 shares were exchanged in all three markets, up from 52,688,268 units on Monday, with the value of stocks traded on the Junior and Main markets amounted to $355.98 million, up from $182.88 million on the previous day and the JSE USD market closed with an exchange of 926,638 shares for US$32,454 compared to 195,047 units at US$5,611 on Monday.
In Main Market activity, Wigton Energy led trading with 18.17 million shares followed by Transjamaican Highway with 3.04 million stocks Supreme Ventures with 2.07 million units.
In Junior Market trading, Express Catering led with 14.09 million stocks followed by ONE on ONE Educational with 4.64 million shares and Stationery and Office Supplies with 4.35 million units.
In the preference segment, Jamaica Public Service 7% popped $1.45 in closing at $43.95, Jamaica Public Service 9.5% sank $453.85 to $2,650, 138 Student Living preference share shed $62 to close at $195 .
The market’s PE ratio, the most popular measure used to value stocks, ended at 14.3 based on 2024-25 earnings and 21.1 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 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 2024 and 2024 actual or projected earnings, excluding any major time income or expenses.
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 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.

Buoyant trading lifts Jamaica Stock Exchange


Trading on the Jamaica Stock Exchange ended on Monday with a fall in the volume and value of stocks exchanged compared to Friday, resulting in the Main Market major indices and the Junior Market index jumping and the JSE USD Market declining. At the close of trading the prices of 37 shares rose, 47 declined and 34 remained firm.

At the close of the market, the JSE Combined Market Index climbed 1,935.02 points to 345,648.66, the All Jamaican Composite Index popped 3,267.33 points to wrap up trading at 385,401.92, the JSE Main Index rallied 1,719.39 points to finish at 333,199.47, the Junior Market Index jumped 40.56 points to close at 3,767.75 and the JSE USD Market Index dipped 2.88 points to close at 230.44.At the close of trading, 52,688,268 shares were exchanged by investors in all three markets, down from 59,254,946 units on Friday, with the value of stocks traded on the Junior and Main markets amounted to $182.88 million, down from $196.44 million on the previous day and the JSE USD market closed with an exchange of 195,047 shares for US$5,611 up from 32,270 units at US$3,513 on Friday.
In Main Market activity, Wigton Energy led trading with 24.77 million stocks followed by Transjamaican Highway with 4.32 million shares and Mayberry Jamaican Equities with 3.32 million units.
In Junior Market trading, Lumber Depot led with 2.06 million stocks followed by Derrimon Trading with 1.75 million shares and Everything Fresh with 1.21 million units.
In the preference segment, Jamaica Public Service 7% increased $2.50 to end at $42.50, Jamaica Public Service 9.5% climbed $672.85 in closing at $3,103.85, 138 Student Living preference share rose $2.02 to $257 and Productive Business Solutions 10.5% preference share gained $48 to finish at $1,120.
The market’s PE ratio, the most popular measure used to value stocks, ended at 14.2 based on 2024-25 projected earnings and 21 based on 2023-24 historical earnings. The ICInsider.com PE ratio chart and the other more detailed daily charts provide investors with regularly updated information to help in decision-making. The PE ratio chart covers all ordinary shares listed on Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons within sectors and the overall market. The earnings per share (EPS) and PE ratios are based on 2024 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 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 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.

Trading jumps on the JSE Markets


All three markets of the Jamaica Stock Exchange closed higher at the end of trading on Friday following the closure of the Jamaica Stock Exchange on Christmas and Boxing Day, with the overall market closing with a sharp jump in the volume of stocks changing hands with a value just lower than Tuesday, At the close of trading the prices of 55 shares rose, 25 declined and 37 remained firm.

At the close of the market, the JSE Combined Market Index rallied 1,660.07 points to 343,713.64, the All Jamaican Composite Index jumped 4,047.53 points to settle at 382,134.59, the JSE Main Index increased 1,586.90 points to close at 331,480.08, the Junior Market Index gained 19.88 points to finish at 3,727.19 and the JSE USD Market Index popped 6.77 points to 233.32.
At the close of trading, 59,254,946 shares were exchanged in all three markets, up from 21,874,029 units on Tuesday, with the value of stocks traded on the Junior and Main markets amounted to $196.44 million, slightly lower than the $205.29 million on the previous trading day and the JSE USD market closed with an exchange of 32,270 shares for US$3,513 compared to 598,456 units at US$39,389 on Tuesday.
In Main Market activity, Wigton Energy led trading with 18.14 million stocks followed by Transjamaican Highway with 8.45 million shares and Sagicor Select Financial Fund with 6.13 million units.
In Junior Market trading, Fosrich led with 3.62 million stocks followed by Lumber Depot with 3.45 million shares and Jamaican Teas with 2.12 million units.
In the preference segment, Jamaica Public Service 7% slipped $3.95 to close at $40, Jamaica Public Service 9.5% fell $429 to $2,431.
The market’s PE ratio, the most popular measure used to value stocks, ended at 14.2 based on 2024-25 projected earnings and 21.2 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 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 2024 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 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 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. 

Big Main Market jump, Juniors inched higher


Prices jumped sharply at the close of trading on the Jamaica Stock Exchange on Tuesday as the market ended with a fall in the value and volume of stocks that were exchanged compared with trading on Monday, resulting in Main Market major indices surging, the Junior Market index rising and the JSE USD Market declining, resulting in the prices of 45 shares rising, 38 declining and 36 ending firm.

At the close of the market, the JSE Combined Market Index surged 4,612.47 points to 342,053.57, the All Jamaican Composite Index climbed 3,683.43 points to close at 378,087.06, the JSE Main Index jumped 4,705.60 points to close at 329,893.18, the Junior Market Index gained 15.70 points to close at 3,707.31 and the JSE USD Market Index fell 3.68 points to cease trading at 226.55.
At the close of trading, 21,874,029 shares were exchanged in all three markets, down from the heavy 435,202,023 units on Monday, with the value of stocks traded on the Junior and Main markets amounted to $205.29 million, down sharply from $15.81 billion on the previous day and the JSE USD market closed with an exchange of 598,456 up from US$39,389 compared to 32,183 units at US$2,895 on Monday.
In Main Market activity, Transjamaican Highway led trading with 3.91 million stocks followed by Wigton Energy with 2.95 million shares and QWI Investments with 1.46 million units.
In Junior Market trading, Jamaican Teas led with 1.15 million stocks followed by Lumber Depot with 1.13 million shares and EduFocal with 642,983 units.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13.9 based on 2024-25 projected earnings and 20.7 based on 2023-24 historical earnings. The ICInsider.com PE ratio chart and the other more detailed daily charts provide investors with regularly updated information to help in decision-making. The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange and 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 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.

Santa rally, Sagicor trades $1.6b


Sagicor Group traded more than 400 million shares valued more than $1.57 billion on the Jamaica Stock Exchange on Monday pushing the volume and the value of stocks traded well above Friday’s levels after an exchange of 435,202,023 shares in all three markets, up from 38,158,414 units on Friday for $15.81 billion on the Junior and Main markets amounting, up sharply from $580.24 million on the previous trading day.

Trading on the JSE USD market closed with an exchange of 32,183 shares for US$2,895 compared to 566,050 units at US$37,617 on Friday.
Trading activities in the markets ended with the prices of 42 shares rising, 36 declining and 40 ending firm.
At the close of the market, the JSE Combined Market Index rallied 3,945.05 points to t 337,441.10, the All Jamaican Composite Index rallied 5,196.86 points to conclude trading at 374,403.63, the JSE Main Index climbed 3,736.63 points to end the day at 325,187.58, the Junior Market Index advanced a solid 51.85 points to finish at 3,691.61 and the JSE USD Market Index rose 0.57 points to conclude trading at 230.23.
In Main Market activity, Sagicor Group led trading with 413.89 million stocks followed by Sagicor Select Financial Fund with 6.81 million shares and Transjamaican Highway with 2.77 million units.
In Junior Market trading, Lumber Depot led with 1.50 million stocks followed by Derrimon Trading with 1.05 million shares and Kintyre Holdings with 836,962 units.
In the preference segment, Jamaica Public Service 7% gained $1.95 and ended at $43.95, Jamaica Public Service 9.5% popped $105 to $2,860, 138 Student Living preference share dropped $45.02 to end at $254.98 and Sygnus Credit Investments C10.5% climbed $3.60 in closing at $105.
The market’s PE ratio, the most popular measure used to value stocks, ended at 14 based on 2024-25 earnings and 20.6 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 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 2024 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 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 these measures 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.

Sharp jump in Jamaica Stock Exchange trading

Trading was robust on the Jamaica Stock Exchange on Friday with a near doubling in the volume of stocks changing hands with a value surging well over that on Thursday as Kingston Wharves led the market with shares worth $494 million, resulting in Main Market major indices dropping, as the Junior Market index clawed back more than half the loss suffered on Thursday and the JSE USD Market rose marginally. At the close of trading, the prices of 44 shares rose, 41 declined and 33 remained firm.

At the close of the market, the JSE Combined Market Index dipped 1,747.35 points to 333,496.05, the All Jamaican Composite Index dropped 2,518.92 points to finish at 369,206.77, the JSE Main Index sank 2,097.30 points to settle at 321,450.95, the Junior Market Index rose 36.02 points to close trading at 3,639.76 and the JSE USD Market Index popped 0.08 points higher to conclude trading at 229.66.
At the close of trading, 37,176,497 shares were exchanged in all three markets, up sharply from 24,519,187 units on Thursday, with the value of stocks traded on the Junior and Main markets amounted to $576.4 million, well above the $89.26 million on the previous day and the JSE USD market closed with an exchange of 566,050 shares for US$37,617 compared to 118,803 units at US$8,042 on Thursday.
In Main Market activity, Kingston Wharves led trading with a healthy volume of 19.38 stocks followed by Wigton Energy with 5.59 million shares and Transjamaican Highway with 5.11 million units.
In Junior Market trading, Kintyre Holdings led with 511,162 stocks followed by Fosrich with 256,386 shares and Tropical Battery with 221,030 units.
In the preference segment, Jamaica Public Service 7% sank $1.95 to finish at $42.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13.9 based on 2024-25 earnings and 20.2 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 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 2024 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 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.

JSE Main Market stable, Juniors in big drop


Trading closed on the Jamaica Stock Exchange on Thursday, resulting in a fall in the volume of stocks changing hands with a marginally lower value than on Wednesday and a big drop in the Junior Market index, as the Main Market major indices closed moderately lower, the JSE USD Market rallied higher at the close, resulting in the prices of 37 shares rising, 43 declined and 37 remained firm.

At the close of the market, the JSE Combined Market Index dipped 469.54 points to end at 335,243.40, the All Jamaican Composite Index increased by 124.15 points to finish at 371,725.69, the JSE Main Index slipped 27.65 points to settle at 323,548.25, the Junior Market Index declined 61.80 points to wrap up trading at 3,603.74 and the JSE USD Market Index climbed 6.42 points to 229.58.
At the close, 24,519,187 shares were exchanged in all three markets, down from 34,151,151 units on Wednesday, with the value of stocks traded on the Junior and Main markets amounted to $89.26 million, marginally lower than the $91.11 million on the previous day and the JSE USD market closed with an exchange of 118,803 shares for US$8,042 well below the large 19,338,949 units that traded at a value of US$528,367 on Wednesday.
In Main Market activity, Lasco Distributors led trading with 7.03 million stocks followed by Sagicor Select Manufacturing & Distribution Fund with 5.61 million shares and Wigton Energy with 2.69 million units.
In Junior Market trading, Stationery and Office Supplies led with 823,023 stocks followed by Fosrich with 790,445 shares and Lumber Depot, 557,629 units.
In the preference segment of the market, Jamaica Public Service 9.5% gained $65 to end at $2,755 and Sygnus Credit Investments C10.5% skidded $3.62 to $101.38.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13.8 based on 2024-25 earnings and 20.4 based on 2023-24 historical earnings. The IICInsider.com PE ratio chart and other more detailed daily charts provide investors with updated information to help in 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 2024 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 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.

All JSE markets fall on Wednesday


Trading on the Jamaica Stock Exchange ended Wednesday with a rise in the volume of stocks exchanged with a value above Tuesday’s levels, resulting in the indices of all markets index closing lower as prices of 38 shares rose, 41 declined and 35 remained firm.

At the close of the market, the JSE Combined Market Index declined 115.79 points to 335,712.94, the All Jamaican Composite Index fell 154.90 points to end at 371,601.54, the JSE Main Index shed 111.91 points to 323,575.90, the Junior Market Index lost 1.22 points to end the day at 3,665.54, and the JSE USD Market Index declined 4.21 points to end at 223.16.
At the close of trading, 34,151,151 shares were exchanged in all three markets, up from 18,391,923 units on Tuesday, with the value of stocks traded on the Junior and Main markets amounted to $91.11 million, just above the $81.64 million on the previous day and the JSE USD market closed with an exchange of a hefty 19,338,949 shares for US$528,367 up from 6,731,611 units at US$194,285 on Tuesday.
In Main Market activity, Transjamaican Highway led trading with 6.01 million stocks followed by Wigton Energy with 1.63 million shares and Wisynco Group with 942,658 units.
In Junior Market, RA Williams led trading with 558,065 stocks followed by MFS Capital Partners with 531,006 shares and Derrimon Trading with 514,187 units.
In the preference segment, Jamaica Public Service 9.5% lost $65 to end at $2,690 and 138 Student Living preference share fell $26.70 to $300.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13.9 based on 2024-25 earnings and 20.5 based on 2023-24 historical earnings. The ICInsider.com PE ratio chart and the other more detailed daily charts provide investors with regularly updated information to help in making decisions. The PE ratio chart covers ordinary shares that are listed on the Jamaica Stock Exchange and grouped by industry, allowing for an easy comparison 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 expenses
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 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 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.

Trading falls back as prices rise on Jamaica Stock Exchange


Trading ended on Tuesday on the Jamaica Stock Exchange with a fall in the volume and the value of stocks that were exchanged and prices mostly rising compared to Monday, resulting in the Main Market major indices gaining, the Junior Market index and the JSE USD Market index closing higher with trading ending with prices of 52 shares rising, 34 declining and 34 remaining firm.

At the close of the market, the JSE Combined Market Index advanced 2,414.24 points to 335,828.73, the All Jamaican Composite Index gained 2,726.93 points to end at 371,756.44, as the JSE Main Index rallied 2,406.09 points to close at 323,687.81, with the Junior Market Index rising 15.80 points to settle at 3,666.76 and the JSE USD Market Index gained 0.13 points to finish at 227.37.
At the close of trading, 18,391,923 shares were exchanged in all three markets, down from 32,527,574 units on Monday, with the value of stocks traded on the Junior and Main markets amounted to $81.64 million, well below the $702.26 million on the previous day and the JSE USD market closed with an exchange of 6,731,611 shares for US$194,285 up from just 114,780 units at US$59,785 on Monday.
In Main Market activity, Transjamaican Highway led trading with 2.60 million stocks followed by Wigton Energy with 767,667 shares and Victoria Mutual Investments with 349,493 units.
In Junior Market, Lumber Depot led trading with 4.11 million stocks followed by ONE on ONE Educational with 466,086 shares and RA Williams with 417,898 units.
In the preference segment, 138 Student Living preference share rallied $29.70 to close at $326.70, Productive Business Solutions 10.5% preference share increased $78 to $1,072 and Sygnus Credit Investments C10.5% climbed $4.50 and ended at $105.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13.8 on projected 2024-25 earnings and 20.4 based on 2023-24 historical earnings. The ICInsider.com PE ratio chart and the other more detailed daily charts provide investors with regularly updated information that will help in 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 2024 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 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.