The Main Market of the Jamaica Stock Exchange closed out the week with gains while the USD market surged on Friday as the Junior Market traded in a narrow range Friday and slipped modestly at the close as the markets continue to be in a consolidation mood, but the market closed with a fall in the volume and value of stocks changing hands compared to trading on Thursday.
Trading ended on Friday with the JSE Combined Market Index climbing 2,909.46 points to 346,559.65, the All Jamaican Composite Index surging 3,997.53 points to 371,124.16, the JSE Main Index jumping 3,317.57 points to conclude trading for the week at 335,456.09, up over 4,000 points for the week, while the Junior Market Index dropped 20.33 points to end at 3,665.75 and the JSE USD Market Index popped 7.61 points to conclude at 236.97.
In the preference section of the Main Market that is not reflected in the TOP10 graphs JPS 7 percent dropped $19.69 to $40.31.
At the close, investors exchanged 30,527,346 shares in all three markets, down from 44,225,452 units on Thursday, with the value of trading on Friday amounting to $69.48 million from $113.3 million on the previous trading day. Trading on the JSE USD market resulted in investors exchanging 506,557 shares for US$55,262, down from 12,382,341 units at US$179,206 21,164 on Thursday.
The market’s PE ratio ended at 18.7 on 2022-23 earnings and 12.2 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 on an industry basis, 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 payable and yields for each company are shown in the Main and Junior Markets’ daily report charts that also show the closing volume pertaining to the bids and offers 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.
Consolidating Jamaica Stock Market
The Jamaica Stock Exchange remains in a consolidation mood on Thursday with the market indices recording modest to moderate changes at the close of trading as investors await market moving developments to move prices in one direction or another as they await first quarter results for the majority of companies and Bank of Jamaica interest rate moves, but the market enjoyed a rise in the volume and value of stocks changing hands compared to trading results on Wednesday.
At the close of trading, the JSE Combined Market Index dropped 1,463.69 points to 343,650.19, the All Jamaican Composite Index fell 1,167.97 points to 367,126.63 after trading opened with the index up at 374,014.47 points, the JSE Main Index shed 1,446.13 to 332,138.52, the Junior Market Index lost 12.49 points to close at 3,686.08 after opening at 3,740 points in the morning session and the JSE USD Market Index rose 0.92 points to close at 229.36.
In the preference section of the Main Market that is not reflected in the TOP10 graphs, Eppley 7.25% fell $2.19 to end at $16.56 and JPS 7 percent popped $10 to $60.
At the close, investors exchanged 44,225,452 shares in all three markets, up from 19,384,296 units on Wednesday, with the value of trading on Thursday amounting to $113.3 million up from $64.8 million on the previous trading day. Trading on the JSE USD market resulted in investors exchanging 12,382,341 shares for US$179,206, up from 282,987 units at US$21,164 on Wednesday. Transjamaica Highway accounted for 13.148 million units valued at US$143,262, with the price hitting US$1.25 at the close.
The market’s PE ratio ended at 18.8 on 2022-23 earnings and 12.1 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 on an industry basis, 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 payable and yields for each company are shown in the Main and Junior Markets’ daily report charts that also show the closing volume pertaining to the bids and offers 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.
Gains for Jamaica Stock Exchange
The JSE USD Market and the Main indices recorded gains on Wednesday but Junior Markets slipped at the close of the Jamaica Stock Exchange, following a moderate rise in the volume and value of stocks changing hands compared to trading results on Tuesday.
At the close of trading, the JSE Combined Market Index popped 2,170.12 points to 345,113.88, the All Jamaican Composite Index fell 1,016.96 points to 368,294.60, the JSE Main Index rose 2,386.74 points to 333,584.65, the Junior Market Index dipped 4.92 points to 3,698.57 after trading over 3,780 points in the morning session and the JSE USD Market Index rose 8.49 points to 228.44.
In the preference section of the Main Market that is not reflected in the TOP10 graphs, JPS 7 percent dipped $11.53 to $50 and Eppley 5% lost $2.96 to end at $16.94 and Productivity Business Solutions 10.50% dropped $50 to $1,200.
At the close, investors exchanged 19,384,296 shares in all three markets, compared with 13,220,580 units on Tuesday, with the value of trading on Wednesday amounting to $64.8, million up from $58.84 million on the previous trading day. 
Trading on the JSE USD market resulted in the trading of 282,987 shares for US$21,164, from 299,535 units at US$25,772 on Tuesday.
The market’s PE ratio ended at 18.6 on 2021-22 earnings and 12 times those for 2022-23 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 on an industry basis, 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 payable and yields for each company are shown in the Main and Junior Markets’ daily report charts that also show the closing volume pertaining to the bids and offers 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.
JSE Markets consolidating
Markets recorded gains on Tuesday following the closure of the Jamaica Stock Exchange for the long Easter weekend, commencing at the close on Thursday, with modest changes in the various market indices following moderate changes in the volume and value of stocks changing hands compared to Thursday.
Trading ended with the JSE Combined Market Index dipping 139.10 points to close at 342,939.98, the All Jamaican Composite Index slipping 1,204.07 points to 369,311.56, the JSE Main Index dropping 195.10 points to 331,197.91, while the Junior Market popping 4.58 points to 3,703.49 and the JSE USD Market Index rising 0.04 points to finish at 219.95.
In the preference section of the Main Market that is not reflected in the TOP10 graphs, Eppley 5% lost $2.90 to end at $19.10 and JPS 7% dropped $8.17 to $61.53.
At the close, investors exchanged 13,220,580 shares in all three markets, compared with 18,066,552 units on Thursday, with the value of trading on Tuesday amounting to $58.84, million from $55.7 million on the previous trading day. Trading on the JSE USD market resulted in investors exchanging 299,535 shares for US$25,772, down from 694,591 units at US$29,863 on Thursday.
The market’s PE ratio ended at 18.6 on 2021-22 earnings and 12 times those for 2022-23 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 on an industry basis, 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 payable and yields for each company are shown in the Main and Junior Markets’ daily report charts that also show the closing volume pertaining to the bids and offers 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.
Gains for all three JSE Markets
Markets recorded gains ahead of the long Easter weekend break, on the Jamaica Stock Exchange Thursday, with the Main Market leading the way, with the market index climbing over 1,000 points while the Junior Market and the JSE USD market closed slightly higher.
Trading ended with the JSE Combined Market Index popping 1,147.93 points to 343,075.79, the All Jamaican Composite Index rising 1,349.36 points to close at 370,515.63, the JSE Main Index gaining 1,175.40 points to settle at 331,393.01, while the Junior Market rose 5.72 points to close at 3,698.91 and the JSE USD Market Index rose 9.57 points to end at 219.91.
In the preference section of the Main Market that is not reflected in the TOP10 graphs, JPS 7 percent dropped $14.30 to $69.70.
At the close, investors exchanged 18,066,552 shares in all three markets, compared with 85,549,341 units on Wednesday, with the value of trading on Thursday amounting to just $55.7, million down sharply from $1.73 billion on the previous trading day. Trading on the JSE USD market resulted in investors exchanging 694,591 shares for US$29,863, down from 303,705 units at US$35,767 on Wednesday.
The market’s PE ratio ended at 18.7 on 2021-22 earnings and 12.1 times those for 2022-23 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 on an industry basis, 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 payable and yields for each company are shown in the Main and Junior Markets’ daily report charts that also show the closing volume pertaining to the bids and offers 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.
Access Financial dominates JSE USD trading
Access Financial accounted for 67,861,430 shares at $1,676,177,320 at the close of the trading on the Junior Market as Proven Investments shift ownership within the group for nearly 68 million it owns as the trade dominated market activity on Wednesday but the market index slipped marginally as was the case of the Main Market slipped modestly but the JSE USD market popped slightly higher at the close on Wednesday.
Trading ended with the JSE Combined Market Index dipping by 1,154.39 points to 341,927.86. The All Jamaican Composite Index dropped 2,088.91 points to 369,166.27, the JSE Main Index lost 1,159.46 points to end at 330,217.61, while the Junior Market slipped 8.01 points to close at 3,693.19 and the JSE USD Market Index rose 0.44 points to end at 210.34.
In the preference section of the Main Market that is not reflected in the TOP10 graphs, JPS 7 percent dropped $14 to $84.
At the close, investors exchanged 85,549,341 shares in all three markets, compared with 13,602,402 units on Monday, with the value of trading on Wednesday amounting to just $1.73 billion, down sharply from $36.96 million on the previous trading day. Trading on the JSE USD market resulted in investors exchanging shares for US$35,767 down from 303,705 units at US$18,904 on Tuesday.
The market’s PE ratio ended at 18.4 on 2021-22 earnings and 12 times those for 2022-23 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 on an industry basis, 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 payable and yields for each company are shown in the Main and Junior Markets’ daily report charts that also show the closing volume pertaining to the bids and offers 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 rises JSE USD market plunged
The Junior Market recovered some of Monday’s loss and the Main Market slipped modestly but the JSE USD market dropped sharply at the close of Tuesday’s market activity after the volume and value of stocks trading on the market dropped sharply from that on Monday.
Trading ended with the JSE Combined Market Index dropping a mere 40.64 points to 343,082.25, the All Jamaican Composite Index declining 494.93 points to end at 371,255.18, the JSE Main Index dipping 390.22 points to settle at 331,377.07, while the Junior Market gained 34.69, to close at 3,701.20 and the JSE USD Market Index slipped 19.77 points to end at 209.90.
In the preference section of the Main Market that is not reflected in the TOP10 graphs, JPS 7 percent dropped $30.99 to $98 and PBS 9.75% jumped $16.05 to $107.
At the close, investors exchanged 13,602,402 shares in all three markets, compared with 30,620,034 units on Monday, with the value of trading on Monday amounting to just $36.96 million, down sharply from $137.2 million on the previous trading day. Trading on the JSE USD market resulted in investors exchanging 303,705 shares for US$18,904 down from 929,408 units at US$15,231 on Monday.
The market’s PE ratio ended at 18.5 on 2021-22 earnings and 12.1 times those for 2022-23 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 on an industry basis, 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 payable and yields for each company are shown in the Main and Junior Markets’ daily report charts that also show the closing volume pertaining to the bids and offers 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.
Huge dive in JSE Main & Junior Markets
Most of the gains on the last two trading days of last week were almost taken back in the Main and Junior Market after stocks fell across the exchange on Monday, leading to big declines in the indices, with the JSE Combined Market Index dropping sharply by 9,364.64 points to 343,122.89, the All Jamaican Composite Index nosediving 12,007.10 points to 371,750.11,
the JSE Main Index plunging 8,768.59 points to end trading at 331,767.29, while the Junior Market dived more than Friday’s rise, with a drop of 128.70 points on Monday to 3,666.51 and the JSE USD Market Index slipped 2.23 points to end at 229.67.
In the preference section of the Main Market that is not reflected in the TOP10 graphs, JPS 7 percent dropped $35.11 to $128.99 and PBS 10.5% dropped $8 to $1,250.
At the close, investors exchanged 30,620,034 shares in all three markets, compared with 51,243,309 units on Friday, with the value of trading on Monday amounting to $137.2 million, down sharply from $650.5 million on the previous trading day. Trading on the JSE USD market resulted in investors exchanging 929,408 shares for US$15,231 down from 1,234,958 units at US$13,631 on Friday.
The market’s PE ratio ended at 1 .2 on 2021-22 earnings and 12.1 times those for 2022-23 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 on an industry basis, 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 payable and yields for each company are shown in the Main and Junior Markets’ daily report charts that also show the closing volume pertaining to the bids and offers 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.
Big blast off for JSE Main & Junior Market
Investors pushed the Main and Junior Market into sharp gains to close out the first quarter of 2023 as the JSE USD market inched just higher at the close on Jamaica Stock Exchange on Friday, with big gains in the volume and value of stocks traded.
In the preference section of the Main Market that is not reflected in the TOP10 graphs, JPS 7 percent dropped $55.90 to $263.39 and JPS 9.5 percent jumped $98 to $2,998 and PBS 10.5% jumping $58 to $1,258.
At the close, investors exchanged 51,243,309 shares in all three markets, compared with 45,525,550 units on Thursday, with the value of trading on Friday amounting to $650.5 million, up sharply from $183.2 million on the previous trading day. Trading on the JSE USD market resulted in investors exchanging 1,234,958 shares for US$13,631 down from 1,608,959 units at US$20,097 on Thursday.
The JSE Combined Market Index jumped sharply by 5,958.64 points to 352,487.53, the All Jamaican Composite Index surges 6,292.04 points to end at 383,757.21, the JSE Main Index jumped 5,465.11 points to end at 340,535.88, the Junior Market surged 93.32 points to 3,795.21 and the JSE USD Market Index rose 0.26 points to close at 231.90.
The market’s PE ratio ended at 19 based on 2021-22 earnings and 12.5 times those for 2022-23 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 on an industry basis, 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 payable and yields for each company are shown in the Main and Junior Markets’ daily report charts that also show the closing volume pertaining to the bids and offers 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.
JSE Main Market surges over 8,300 points
The Main Market surged more than 8,300 points on Jamaica Stock Exchange on Thursday, while the Junior and JSE USD inched higher at the close, with both volume and value lower than on Wednesday.
In the preference section of the market that is not reflected in the TOP10 graphs, JPS 7 percent dropped $43.39 to $220 and JPS 9.5 percent dived $98 to $2,900 and PBS 19.75% fell $16.05 to $90.95.
At the close, investors exchanged 45,525,550 shares in all three markets, compared with 71,333,661 units on Wednesday, with the value of trading on Thursday amounting to $183.2 million, down from $318.78 million on the previous trading day. Trading on the JSE USD market resulted in investors trading 1,608,959 shares for US$20,097 compared to 1,034,991 units at US$21,566 on Wednesday.
The JSE Combined Market Index jumped sharply by 7,994.08 points to 346,528.89, the All Jamaican Composite Index surged 8,472.58 points to 377,465.17, the JSE Main Index gained 8,348.24 points to 335,070.77, the Junior Market climbed 23.51 points to close at 3,701.89 and the JSE USD Market Index rose 2.26 points to close at 231.64.
The market’s PE ratio ended at 18.6 based on 2021-22 earnings and 12.2 times those for 2022-23 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 on an industry basis, 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 payable and yields for each company are shown in the Main and Junior Markets’ daily report charts that also show the closing volume pertaining to the bids and offers 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.