Gains for Jamaica Stock Exchange

Trading dropped on Wednesday on the Jamaica Stock Exchange compared with Tuesday but the Junior Market jumped sharply to recover losses incurred over the previous four days, the JSE Main Index rose but the all Jamaican Composite Index fell and the USD index climbed on a day that saw the value and volume of stocks traded falling compared with Tuesday.  
At the close, the JSE Combined Market Index climbed 1,603.19 points to 332,958.27, the All Jamaican Composite Index shed 428.15 points to 351,020.99, the JSE Main Index rallied 1,282.67 points to 319,154.23, the Junior Market Index jumped by 44.40 points to 3,841.60 and the JSE USD Market Index rose 3.33 points to 238.46.
Trading of Preference shares ended, with Jamaica Public Service 7% falling $12.06 to $46.80.
Investors traded 16,064,814 shares on Wednesday, down from 23,495,915 stocks on Tuesday. The value of stocks traded on the Junior and Main markets ended at $85.26 million, down from $235 million on Tuesday. The JSE USD market closed on Wednesday with 136,351 shares being traded for US$23,735, up from 593,068 units at US$64,296 on Tuesday.
The market’s PE ratio, the most popular measure used to determine the value of stocks ended at 17 on 2022-23 earnings and 11.7 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. It 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 surged on the Jamaica Stock Exchange

Trading surged on Tuesday on the Jamaica Stock Exchange compared with Monday after robust activity in Carreras, Jamaica Broilers, Stanley Motta in the Main Market and Dolphin Cove in the Junior Market and resulted in a jump in value and volume of stocks traded in all markets of the exchange compared with Monday.  
At the close, the JSE Combined Market Index rose 502.75 points to 331,355.08, the All Jamaican Composite Index rallied 1,999.27 points to 351,449.14, the JSE Main Index climbed 881.84 points to 317,871.56, the Junior Market Index dropped 34.97 points to settle at 3,797.20, while the JSE USD Market Index popped 1.09 points to end at 235.13.
Trading of Preference shares ended, with Jamaica Public Service 7% rallied $8.86 in closing at $58.86.
At the close, investors traded 23,495,915 shares in all three markets, down from 10,494,639 stocks on Monday. The value of stocks traded on the Junior and Main markets ended at $235 million, compared to $71.6 million on Monday. Trading on the JSE USD market ended with investors exchanging 593,068 shares for US$64,296, up from 884,498 units at US$16,456 on Monday.
The market’s PE ratio, the most popular measure used to determine the value of stocks ended at 16.8 on 2022-23 earnings and 11.6 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. It 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 time 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.

Meagre Jamaica Stock Exchange trading

Trading dropped on Monday on the Jamaica Stock Exchange compared with Friday and resulted in declines in all markets with the value and volume of stocks traded falling compared with Friday’s levels.  
At the close, the JSE Combined Market Index dropped 3,153.87 points to 330,852.33 the All Jamaican Composite Index skidded 3,967.05 points to close at 349,449.87, the JSE Main Index dived 3,340.09 points to 316,989.72, the Junior Market Index continues to consolidate, dipping a mere 4.08 points to settle at 3,832.17, while the JSE USD Market Index slipped 4.53 points to end at 234.04. 
Trading of Preference shares ended, with Productive Business Solutions 10.5 % preference share rallying $98 to close at $1,100.
At the close, investors traded 10,494,639 shares in all three markets, down from 16,261,370 stocks on Friday. The value of stocks traded on the Junior and Main markets ended at $71.6 million, compared to $75.96 million on Friday. Trading on the JSE USD market ended with investors exchanging 884,498 shares for US$16,456, up from 109,502 units at US$16,272 on Friday.
The market’s PE ratio, the most popular measure used to determine the value of stocks ended at 16.6 on 2022-23 earnings and 11.4 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. It 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.

CPJ returns to ICTOP10

Caribbean Producers

Caribbean Producers (CPJ) returns to the TOP10 after a long period of absence, following the fall out of Berger Paints from the Main market Top10, even as CPJ earnings are based on June 2023 full year earnings with the company is yet to release these results.
Preliminary projection indicates earnings of $2.50 per share for the 2024 fiscal year that would put the stock into the third position on the TOP10 list. Until the full year results are in, the estimate for the 2023 year is used.
The Main and Junior markets closed the week with moderate changes in market indices, with a slight fall in the Junior Market and a modest increase in the other.
The Main and Junior markets closed the week with moderate changes in market indices, with a slight fall in the Junior Market and a modest increase in the other.
The Junior Market had one stock rising 10 percent and two falling 12 and 10 percent, with more modest changes in most of the rest. The Main Market had one stock climbing 10 percent and one falling 6 percent as the largest movers.
Caribbean Cream the leading mover in the Junior Market ICTOP10, climbed 10 percent to $4.15, followed by Edufocal rising 4 percent to $1.45. Iron Rock Insurance was the worst performer, falling 12 percent to $2.10 and was followed by general Accident, down 10 percent to $4.43, while Caribbean Assurance Brokers slipped just 4 percent to $2.87.
Berger Paints rose 10 percent to $7.76 in the Main Market, followed by Guardian Holdings with a 4 percent rise to $439.80, JMMB Group also gained 4 percent to close the week at $28.79, but 138 Student Living fell 6 percent to $4.35 and Caribbean Cement fell 4 percent to $50.
Investors should note that Margaritaville is listed on both the Main and USD markets, with similar values.
At the end of the week, the average PE for the JSE Main Market TOP 10 is 5.2, well below the market average of 12.6. The Main Market TOP10 is projected to have an average of 322 percent, to May 2024, based on 2023 forecasted earnings.
The 2most highly valued Main Market stocks, representing 26 percent of the Main Market, are priced at a PE of 15 to 100, with an average of 31 and 20 excluding the highest PE ratios, with a PE of 23for the top half and 17excluding the stocks with the highest PEs.
The Junior Market Top 10 PE sits at 5.4 compared with the market at 10.7. There are 10 stocks representing 21 percent of the market, with PEs from 15 to 38, averaging 20, well above the market’s average. The top half of the market has an average PE of 15, possibly the lowest fair value for Junior Market stocks currently, and is projected to rise by 271 percent to May 2024.
The divergence between the average PE ratio of the Main and Junior Markets and the overall market valuation are important indicators of the likely gains for ICTOP10 stocks.
The markets are not bullish, but there continue to be cases of slow upward movements in some prices as investors respond to some recent attractive results, leading them to quietly nibble away at a number of stocks, gradually reducing the supply of a number of them that are attractively priced. The list includes, Access Financial, AMG Packaging, Everything Fresh, Dolphin Cove, Caribbean Cream, Caribbean Assurance Brokers, Lasco Distributors and Lasco Manufacturing, Main Event and Transjamaican Highway.
ICTOP10 focuses on likely yearly winners, accordingly, the list includes some of the best companies in the market, but not always. ICInsider.com ranks stocks based on projected earnings, allowing investors to focus on the most undervalued stocks and helping to remove emotions in selecting stocks for investments that often result in costly mistakes.
IC TOP10 stocks will likely deliver the best returns up to the end of May 2024 and are ranked in order of potential gains, computed using projected earnings for the current fiscal year. Expected values will change as stock prices fluctuate and result in weekly movements in and out of the lists. Revisions to earnings are ongoing, based on receipt of new information.
Persons who compiled this report may have an interest in securities commented on in this report.

Mixed trading for JSE Markets

The markets of the Jamaica Stock Exchange closed mixed on Friday following declines on Thursday in all markets and ended with increases in the value and volume of stocks traded compared with Thursday’s levels.
At the close, the JSE Combined Market Index rose 24.06 points to 334,006.20, the All Jamaican Composite Index skidded 1,591.81 points to settle at 353,416.92, the JSE Main Index popped 23.12 points to 320,329.81, the Junior Market Index just popped 0.28 points to 3,836.25, while the JSE USD Market Index slipped 1.59 points to end at 238.57.
At the close, investors traded 16,261,370 shares in all three markets, up from 14,063,900 stocks on Thursday. The value of stocks traded on the Junior and Main markets ended at $75.96 million, up from $47.66 million on Thursday. Trading on the JSE USD market ended with investors exchanging 109,502 shares for US$16,272 up from 389,899 units at US$37,298 on Thursday.
The market’s PE ratio, the most popular measure used to determine the value of stocks ended at 16.9 on 2022-23 earnings and 11.7 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. It 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.

Retreat for all JSE Markets

All three markets of the Jamaica Stock Exchange pulled back on Thursday following a drop in the value and volume of stocks traded compared with Wednesday’s levels.  
At the close, the JSE Combined Market Index dropped 3,151.37 points to close trading at 333,982.14, the All Jamaican Composite Index fell 1,860.37 points to 355,008.73, the JSE Main Index dived 3,329.09 points to end at 320,306.69, the Junior Market Index shed 4.93 points to settle at 3,835.97, while the JSE USD Market Index slipped 1.20 points to end at 240.16.
Trading of Preference shares ended, with Eppley 7.75% preference share falling $1.85 to close at $18.20, Jamaica Public Service 7% declining $5 to $50 units and Jamaica Public Service 9.5% diving $249.99 to end at $2,800.01.
At the close, investors traded 14,063,900 shares in all three markets, down from 14,291,744 stocks on Wednesday. The value of stocks traded on the Junior and Main markets ended at just $47.66 million, down from $100.88 million on Wednesday. Trading on the JSE USD market ended with investors exchanging 389,899 shares for US$37,298 up from 45,555 units at US$14,460 on Wednesday.
The market’s PE ratio, the most popular measure used to determine the value of stocks ended at 16.8 on 2022-23 earnings and 11.7 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. It 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 plunges, Main Market gains

Trading climbed on the Jamaica Stock Exchange on Wednesday with the value and volume of stocks traded rising above Tuesday’s levels and resulting in a mixed close for the Exchange.
At the close, the JSE Combined Market Index popped 709.40 points to 337133.51, the All Jamaican Composite Index climbed 1,340.21 points to 356,869.10, the JSE Main Index increased 1,279.01 points to 323,635.78, the Junior Market Index plunged 52.88 points to settle at 3,840.90, while the JSE USD Market Index rose 0.66 points to end at 241.36. 
Trading of Preference shares ended, with Jamaica Public Service 7% falling $1 to $55 and Jamaica Public Service 9.5% dropping $50 to $3,050, being the preference stocks with notable price movements.
At the close, investors traded 14,291,744 shares in all three markets, down from 13,335,561 stocks on Tuesday. The value of stocks traded on the Junior and Main markets ended at $100.88 million, up from $62.45 million on Tuesday. Trading on the JSE USD market ended with investors exchanging 45,555 shares for US$14,460 compared with 343,792 units at US$39,382 on Tuesday.
The market’s PE ratio, the most popular measure used to determine the value of stocks ended at 16.5 on 2022-23 earnings and 11.6 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. It 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.

Fall for JSE Markets on Tuesday

Trading dropped on the Jamaica Stock Exchange on Tuesday with the value and volume of stocks traded falling below Monday’s trades, resulting in slippage in all three markets of the Exchange.
At the close, the JSE Combined Market Index fell 1,745.02 points to 336,424.11, the All Jamaican Composite Index shed 2,282.01 points to 355,528.89, the JSE Main Index declined 1,867.43 points to 322,356.77, the Junior Market Index slipped 0.28 points to 3,893.78, while the JSE USD Market Index shed 6.67 points to settle at 240.70.
Trading of Preference shares ended with just one notable price change, with Productive Business Solutions 9.75% preference share recovering the $8 lost on Monday to close at $100.
At the close, investors traded 13,335,561 shares in all three markets, down from 15,594,397 stocks on Monday. The value of stocks traded on the Junior and Main markets ended at $62.45 million, down from $86.57 million on Monday. Trading on the JSE USD market ended with investors exchanging 343,792 shares for US$39,382 compared with 282,396 units at US$9,019 on Monday.
The market’s PE ratio, the most popular measure used to determine the value of stocks ended at 17.1 on 2022-23 earnings and 11.8 times those for 2023-24 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange. It 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 all JSE Markets on Monday

Trading was mixed on the Jamaica Stock Exchange on Monday with the value of stocks traded climbing above Friday’s trades but with a lower volume, resulting in all three markets of the Jamaica Stock Exchange recording gains to start off the week.
At the close, the JSE Combined Market Index climbed 3,936.15 points to close at 338,169.13, the All Jamaican Composite Index surged 4,373.19 points to 357,810.90, the JSE Main Index jumped 4,153.40 points to 324,224.20, the Junior Market Index gained 6.64 points to close trading at 3,894.06, while the JSE USD Market Index popped 0.84 points to 247.37.
Trading of Preference shares ended with notable price changes for Jamaica Public Service 7% with a rise of 75 cents to close at $56, Productive Business Solutions 10.5% preference share increasing $2 to $1002 and Productive Business Solutions 9.75% preference share
shedding $8 to end at $92.
At the close, investors dealt in 15,594,397 shares in all three markets, down from 19,541,580 stocks on Friday. The value of stocks traded on the Junior and Main markets ended at $86.57 million, up from $73.3 million on Friday. Trading on the JSE USD market ended with investors exchanging 282,396 shares for US$9,019 compared with 595,775 units at US$31,180 on Friday.
The market’s PE ratio, the most popular measure used to determine the value of stocks ended at 17 on 2022-23 earnings and 11.7 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. It 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 gained steam on the Jamaica Stock Exchange

Trading picked up on the Jamaica Stock Exchange on Friday with the volume and the value of stocks traded climbing above Thursday’s trades and resulting in all three markets of the Jamaica Stock Exchange recording gains in the main indices, but the combined index dipped to close out the week.
At the close, the JSE Combined Market Index dipped 414.94 points to close at 334,232.98, the All Jamaican Composite Index rose 129.65 points to end at 353,437.71, the JSE Main Index dropped 684.90 points to finish at 320,070.80, the Junior Market Index gained 24.48 points to close trading at 3,887.42, while the JSE USD Market Index rose 9.95 points to 246.53.
There was only one Preference share trading that ended with a notable price change with Productive Business Solutions 10.5 % preference share shedding $100 and ended at $1000.
At the close, investors dealt in 19,541,580 shares in all three markets, up from 10,094,461 stocks on Thursday. The value of stocks traded on the Junior and Main markets ended at $73.3 million, up from $47.9 million on Thursday. Trading on the JSE USD market ended with investors exchanging 595,775 shares for US$31,180 compared with 445,494 units at US$17,444 on Thursday.
The market’s PE ratio, the most popular measure used to determine the value of stocks ended at 16.9 on 2022-23 earnings and 11.6 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. It 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.