The Main Market of the Jamaica Stock Exchange declined in trading on Tuesday as the Junior Market JSE USD market closed moderately higher as trading ended with the number of stocks changing hands rising moderately over that on Monday, with a much higher the value, resulting in prices of 31 shares rising and 32 declining.
At the close of trading, the JSE Combined Market Index fell 2,956.19 points to close at 336,894.23, the All Jamaican Composite Index declined 4,420.59 points to 362,015.66, the JSE Main Index dropped 3,062.56 points to end the day at 323,947.96. The Junior Market Index dipped 2.92 points to end at 3,781.03 and the JSE USD Market Index popped 1.19 points to settle at 242.61.
At the close of trading, 11,538,316 shares were exchanged in all three markets, marginally up from 11,094,504 units on Monday, with the value of stocks traded on the Junior and Main markets amounted to $162.75 million, well over the $40.23 million on the previous trading day and the JSE USD market closed with an exchange of 86,667 shares for US$14,748 compared to 152,339 units at US$5,545 on Monday.
In Main Market activity, Sagicor Group led trading with 3.04 million shares followed by Wigton Windfarm with 1.63 million stock units, Transjamaican Highway with 1.13 million stocks and General Accident with 1.08 million shares.
In Junior Market trading, One Great Studio led trading with 1.06 million shares followed by Spur Tree Spices with 1.05 million units and ONE on ONE Educational with 199,059 units for 6.4 percent market share.
In the preference segment, Jamaica Public Service 7% advanced $3.01 to end at $50, 138 Student Living preference share climbed $5 in closing at $215, Productive Business Solutions 9.75% preference share skidded $3.45 and ended at $115 and Sygnus Credit Investments C10.5% popped $5.49 to finish at $109.49.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 20 on 2023-24 earnings and 13.4. times those for 2024-25 at the close of trading. ICInsider.com PE ratio chart and the 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 EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Pertinent information is required to navigate numerous investment options successfully in the 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.
The chart should be used in making rational decisions when investing in stocks close to the average for the sector, 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 for investors to quickly 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 paid or payable 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.
At the end of trading, the JSE Combined Market Index gained 104.84 points to close at 339,850.42, the All Jamaican Composite Index skidded 64.70 points to 366,436.25, but the JSE Main Index gained 255.28 points to end at 327,010.52. The Junior Market Index skidded 20.07 points to conclude trading at 3,783.95 and the JSE USD Market Index sank 0.73 points to 241.42.
In the preference segment, Jamaica Public Service 7% slipped $1.01 and ended at $46.99, 138 Student Living preference share lost $3 to end at $210, Productive Business Solutions 9.75% preference share popped $23.37 in closing at $118.45 and Sygnus Credit Investments C10.5% dipped $6 to close at $104.
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.
At the close of trading on Friday, the JSE Combined Market Index shed 1,284.91 points to end at 339,745.60, the All Jamaican Composite Index skidded 1,102.99 points to close at 366,500.95, the JSE Main Index fell 1,547.35 points to 326,755.24. The Junior Market Index popped 28.47 points to end trading at 3,804.02 and the JSE USD Market Index slipped 0.26 points to settle at 242.15.
In the preference segment, 138 Student Living preference share fell $3 to end at $213 and Sygnus Credit Investments C10.5% gained $4 in closing at $110.
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.
At the close of trading, the JSE Combined Market Index rose 442.69 points to close at 341,030.51, the All Jamaican Composite Index slipped 45.90 points to 367,603.94, the JSE Main Index rallied just 163.28 points to close at 328,302.59. The Junior Market Index rallied 41.06 points to end the day at 3,775.55 and the JSE USD Market Index popped 0.06 points to end the day at 242.41.
In the preference segment, Productive Business Solutions 10.5 % preference share gained $50 to end at $1,150.
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.
At the close of the market, the Main and JSE USD markets closed higher but the Junior Market that rose in the morning session continued to decline after a small rise on Tuesday, with trading ended with the number of stocks changing hands falling, with the value of stocks traded jumping sharply over the previous trading day, resulting in prices of 33 shares rising and 33 declining.
In the preference segment, 138 Student Living preference share fell $2.03 in closing at $216 and Sygnus Credit Investments C10.5% increased $5 to finish at $106.
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.
At the close of trading, the JSE Combined Market Index declined by 847.36 points to close at 339,446.27, the All Jamaican Composite Index shed 788.09 points to end trading at 366,509.84, while the JSE Main Index dropped 992.90 points to 326,763.19. The Junior Market Index rallied 14.99 points to 3,759.98 and the JSE USD Market Index skidded 7.02 points to end trading at 237.97.
In the preference segment, Jamaica Public Service 9.5% popped $50 to end at $2,700 and Productive Business Solutions 10.5% preference share fell $10 to $1,100.
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.
At the close of trading on Monday, the JSE Combined Market Index rallied 1,132.02 points to end at 340,293.63, the All Jamaican Composite Index rose 2,140.38 points to 367,297.93, the JSE Main Index rose 1,337.67 points to close at 327,756.09. The Junior Market Index sank 21.57 points to end the day at 3,744.99 and the JSE USD Market Index popped 0.96 points to settle at 244.99.
In the preference segment Jamaica Public Service 9.5% dropped $50 to close at $2650 and Sygnus Credit Investments C10.5% declined $9 to finish at $101.
The net asset value of each company is reported as a guide for investors 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.
At the close of trading, the JSE Combined Market Index climbed 1,326.81 points to 340,960.44, the All Jamaican Composite Index gained 1,625.36 points to 367,225.42, the JSE Main Index rallied 1,510.99 points to 327,923.66. The Junior Market Index declined 17.46 points to end the day at 3,817.62 and the JSE USD Market Index rose 2.55 points to close at 243.40.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21.93 on 2022-23 earnings and 14.3 times those for 2023-24 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily charts provide investors with regularly updated information to help decision-making.
The net asset value of each company is reported as a guide for investors 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.
At the close of trading, the JSE Combined Market Index fell 1,050.46 points to close at 339,633.63, the All Jamaican Composite Index dropped 1,899.54 points to finish trading at 365,600.06, the JSE Main Index shed 1,250.30 points to end at 326,412.67. The Junior Market Index climbed 21.25 points to finish at 3,835.08 and the JSE USD Market Index declined by 5.57 points to end the day at 240.85.
In the Junior Market, Spur Tree Spices led trading with 4.31 million shares followed by JFP Ltd with 990,360 units and MFS Capital Partners with 912,316 stock units.
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.
At the close of trading, the JSE Combined Market Index climbed 563.57 points to 340,684.10, the All Jamaican Composite Index shed 1,084.66 points to 367,499.60, the JSE Main Index shed 135.73 points to lock up trading at 327,662.97. The Junior Market Index dropped 62.20 points to conclude trading at 3,813.83 and the JSE USD Market Index dipped 1.39 points to end trading at 246.42.
In the Junior Market, Spur Tree Spices led trading with 1.58 million shares followed by JFP Ltd with 1.31 million stock units and Dolla Financial with 800,308 units.
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.