All three markets of the Jamaica Stock Exchange declined moderately at the close of trading on Thursday following a fall in the number and value of traded shares dropped compared to Wednesday’s trading.
At the close of trading, the JSE Combined Market Index dropped 994.07 points to 334,761.41, the All Jamaican Composite Index shed 1,879.32 points to 357,059.58. The JSE Main Index shed 971.08 points to end at 322,099.07, the Junior Market Index declined 9.51 points to 3,731.89 and the JSE USD Market Index slipped 1.27 points to end at 241.06.
At the close of trading, 17,340,719 shares were exchanged in all three markets, down from 26,660,691 units on Wednesday, with the value of stocks traded on the Junior and Main markets amounted to $109.09 million, down from $154.59 million on Wednesday and the JSE USD market closed with an exchange of 156,654 shares for US$16,462 compared to 664,963 units at US$18,341 on Wednesday.
Main Market trading was dominated by Wigton Windfarm led trading with 3.55 million shares followed by Transjamaican Highway with 2.04 million units and GraceKennedy with 687,786 units
In the Junior Market, Future Energy led trading with 2.23 million shares, followed by Derrimon Trading with 888,112 units and Jamaican Teas with 641,782 units.
At the close of the market, some of the major Main Market stocks that rose are AS Bryden climbed $1 to end at $43, Caribbean Cement popped $3.74 to $55, Eppley Caribbean Property Fund rallied $2.49 and ended at $40, Guardian Holdings advanced $20 and ended at $389, Jamaica Producers gained $1 to end at $27 and Seprod increased $2.70 to close at $85.70.
The major declining Main Market stocks include Pan Jamaica skidded $3.95 to $45.55, Sagicor Group fell 99 cents to end at $42 and Scotia Group dropped $2.34 in closing at $39.06.
Trading ended in the Junior Market, with only moderate price changes.
In the preference segment, Jamaica Public Service 9.5% declined $50 to close at $2,850.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21.4 on 2022-23 earnings and 13.9 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 PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, 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 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.
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 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 pertaining to the highest bid and the lowest offer for each company.
Trading rose on the Jamaica Stock Exchange
Trading picked up sharply on the Jamaica Stock Exchange on Wednesday as the volume and value of stocks traded in the Main Market jumped well over that on Tuesday as the Junior Market trading levels held close to Tuesday outturn as the JSE USD market trading levels rose as the market ended with mixed changes in the indices.
At the close of trading, the JSE Combined Market Index climbed 377.37 points to end at 335,755.48, the All Jamaican Composite Index shed 446.67 points to close at 358,938.90, the JSE Main Index advanced 237.24 points to end at 323,070.15. The Junior Market Index rose 17.68 points to 3,741.40 and the JSE USD Market Index slipped 1.17 points to end the day at 242.33.
At the close of trading, 26,660,691 shares were exchanged in all three markets, up from 19,941,630 units on Tuesday, with the value of stocks traded on the Junior and Main markets amounted to $194.59 million, up from $83.9 million on Tuesday and the JSE USD market closed with an exchange of 664,963 shares for US$18,341 compared to 508,298 units at US$11,596 on Tuesday.
Main Market trading was dominated by Jamaica Producers led trading with 3.96 million shares followed by Jamaica Stock Exchange with 3.72 million units, Transjamaican Highway with 2.66 million stock units, JMMB 9.5% preference share with 1.59 million shares, Wigton Windfarm with 1.38 million units and Carreras with 1.18 million stocks.
In the Junior Market, Express Catering led trading with 2.12 million shares followed by EduFocal with 2.04 million units and iCreate with 971,348 units.
At the close of the market, some of the major Main Market stocks that rose are Guardian Holdings climbed $18.49 and ended at $369, Jamaica Broilers popped $1 to end at $33.50, Jamaica Producers rallied $3.50 to close at $26 and Sagicor Group gained 99 cents to end at $42.99.
The major declining Main Market stocks include AS Bryden shed $3 to end at $42, Caribbean Cement skidded $4.74 to close at $51.26, NCB Financial declined $1 to end at $66 and Seprod which fell $3.17 in closing at $83.
Major price movement in the Junior Market, with gains are AMG Packaging popped 76 cents and ended at $3.18, Iron Rock Insurance gained 44 cents to close at $2.51, ISP Finance rose $1.19 and ended at $22.64 with the major losing stock being Knutsford Express declining $1.38 to end at $11.
In the preference segment, no stock traded with a notable price change.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 20.3 on 2022-23 earnings and 13.6 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 PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, 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 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.
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 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 pertaining to the highest bid and the lowest offer for each company.
All JSE Markets rise
The Jamaica Stock Exchange recorded gains in all three markets on Tuesday in trading on Monday as trading ended with a decline in the number exchanged, with the value traded rising over that on Monday
At the close of trading, the JSE Combined Market Index popped 178.57 points to 335,378.11, the All Jamaican Composite Index gained 2,400.43 points to wrap-up trading at 359,385.57, the JSE Main Index rose 1,467.74 points to finish at 322,832.91. The Junior Market Index rallied 11.23 points to finish at 3,723.72 and the JSE USD Market Index increased 5.74 points to end at 243.50.
At the close of trading, 19,941,630 shares were exchanged in all three markets, down from 25,106,007 units on Monday, with the value of stocks traded on the Junior and Main markets amounted to $83.9 million, up from $52.25 million on Tuesday and the JSE USD market closed with an exchange of 508,298 shares for US$11,596 compared to 501,713 units at US$12,814 on Monday.
Main Market trading was dominated by Transjamaican Highway with 4.42 million shares followed by Wigton Windfarm with 706,792 units and Sagicor Real Estate Fund with 402,277 units.
In the Junior Market, Fosrich led trading with 2.86 million shares followed by MFS Capital Partners with 2.06 million units, One Great Studio closed with 1.24 million units, iCreate ended with 1.14 million stocks, Tropical Battery with 1.12 million shares and EduFocal with 1.02 million units.
At the close of the market, some of the major Main Market stocks that rose are First Rock Real Estate climbed $1 to $8, Scotia Group advanced $2.47 to end at $41.50, Mayberry Group rose 86 cents to close at $8.41 and Stanley Motta popped 88 cents in closing at $6.15.
The major declining Main Market stocks include General Accident dipped 65 cents in closing at $4.70, GraceKennedy fell 95 cents to close at $77.05, Jamaica Broilers dropped $1.02 to close trading at $32.50, Margaritaville lost $2.58 to $15, Massy Holdings declined $1 to end at $88.
On a day of limited price movement in the Junior Market, the major stocks with gains are Access Financial climbed $2.17 to close at $22.68, Knutsford Express gained 38 cents to $12.38 and Main Event advanced 60 cents to close at $14.80, with the major losing stocks being AMG Packaging skidded 63 cents to $2.42 and Cargo Handlers that sank 92 cents to end at $13.08.
In the preference segment, 138 Student Living preference share rallied $36.45 and ended at $167.27.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 20.7 on 2022-23 earnings and 13.7 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 PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, 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 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.
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 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 pertaining to the highest bid and the lowest offer for each company.
Main & Junior Markets fall on reduced trading
Trading dropped back on the Jamaica Stock Exchange gained on Monday, with the number of stocks exchanged rising to but with a lower value than on Friday, with the Main Market sliding and the Junior Market dropping sharply as the JSE USD market rose moderately, to start the week.
At the close of trading, the JSE Combined Market Index fell 1,296.25 points to 333,903.28, the All Jamaican Composite Index sank 2,854.05 points to end trading at 356,985.14, the JSE Main Index dropped 873.63 points to conclude trading at 321,365.17. The Junior Market Index lost 54.46 to end at 3,712.49 and the JSE USD Market Index fell 0.30 points to finish at 237.76.
At the close of trading, 25,106,007 shares were exchanged in all three markets, up from 23,346,054 units on Friday, with the value of stocks traded on the Junior and Main markets amounted to $52.28 million, down from $389.49 million on Friday and the JSE USD market closed with an exchange of 501,713 shares for US$12,814 compared to 30,414 units at US$3,460 on Friday.
Main Market trading was dominated by Wigton Windfarm led trading with 8.92 million shares followed by Transjamaican Highway with 2.37 million units, Sagicor Select Financial Fund closed with 1.70 million units and Ciboney Group with 1.35 million units.
In the Junior Market, One Great Studio led trading with 2.19 million shares followed by Fosrich with 1.25 million units and iCreate with 904,279 stock units.
At the close of the market, some of the major Main Market stocks that rose are First Rock Real Estate gained 99 cents to close at $7, MPC Caribbean Clean Energy rose $1 to end at $91, NCB Financial rallied $1.95 to $67.40 Seprod climbed $1.95 and ended at $85.95.
The major declining Main Market stocks include Caribbean Cement shed $1.40 in closing at $55.50, GraceKennedy skidded $1 to close at $78 while exchanging 104,553 units and Guardian Holdings dropped $9.49 in closing at $350.51.
On a day of limited price movement in the Junior Market, there were no stocks with a major higher, with the major losing stocks being ISP Finance down $3.41, Main Event with a loss of 60 cents and Caribbean Cream and Knutsford Express with a decline of 40 cents each.
In the preference segment, no stock traded with a notable price change.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21.2 on 2022-23 earnings and 13.8 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 PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, 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 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.
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 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 pertaining to the highest bid and the lowest offer for each company.
Juniors rise as JSE Main & USD markets drop
The Junior Market was the only market recording gains at the close of trading on Thursday on the Jamaica Stock Exchange, but the JSE USD market slipped with the Main Market falling as trading ended with the number of shares jumping but with a lower value than on Wednesday as trading ended with 32 ordinary shares rising and 35 declining.
At the close of trading on Thursday, the JSE Combined Market Index dropped 991.34 points to 332,385.19, the All Jamaican Composite Index declined 1,252.29 points to 356,120.35, the JSE Main Index dropped 1,306.80 points to 319,222.85. The Junior Market Index added 26.75 points to settle at 3,768.57 and the JSE USD Market Index shed 2.75 points to close at 238.07.
At the close of trading, 24,096,418 shares were exchanged in all three markets, up from 16,686,862 units on Wednesday, with the value of stocks traded on the Junior and Main markets amounted to $52.34 million, up from $145.58 million on Tuesday and the JSE USD market closed after 81,185 shares for US$2,499 compared to 22,109 units at US$25,157 on Wednesday.
Main Market trading was dominated by Wigton Windfarm led trading with 12.69 million shares followed by Transjamaican Highway with 1.12 million units and Radio Jamaica with 849,926 units.
In the Junior Market, Derrimon Trading led trading with 2.19 million shares followed by MFS Capital Partners with 1.30 million units and One Great Studio with 851,349 stocks.
At the close of the market, some of the major rising Main Market stocks are Margaritaville rose $2.58 to $17.58 and Seprod climbed $1 and ended at $84.
the major declining Main Market stocks include AS Bryden fell $3.50 and ended at $36.50, Eppley Caribbean Property Fund sank $2.50 to close at $37.50, Guardian Holdings declined $30 to $360, JMMB Group dipped $1.15 to close at $23.80, Massy Holdings skidded $1.45 to close at $89 and Sagicor Group lost $2.93 in closing at $42.
In the Junior Market, the major rising stocks include Access Financial gaining $3 in closing at $23 and AMG Packaging gaining 40 cents to close at $2.76. Stocks declining in the Junior Market had moderate price changes.
In the preference segment, Productive Business Solutions 10.5 % preference share declined $25 and ended at $1,075.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21.5 on 2022-23 earnings and 13.8 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 PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, 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 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.
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 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 pertaining to the highest bid and the lowest offer for each company.
Decline for JSE Main Market, Junior & USD markets steady
The Junior Market and the JSE USD market were relatively stable in trading on Wednesday, with the Main Market of the Jamaica Stock Exchange declining meaningfully as trading ended with the number and the value of shares trading rising sharply over that on Tuesday as trading ended with 37 ordinary shares rising and 34 declining.
At the close of trading on Wednesday, the JSE Combined Market Index rallied 503.65 points to end trading at 336,013.76, while the All Jamaican Composite Index declined 3,548.11 points to 357,372.64, the JSE Main Index declined 2,758.68 points to lock up trading at 320,529.65. The Junior Market Index slipped 5.71 points to 3,741.82 points and the JSE USD Market Index rallied 1.02 points to end trading at 240.82.
At the close of trading, 16,686,862 shares were exchanged in all three markets, up from 14,586,125 units on Tuesday, with the value of stocks traded on the Junior and Main markets amounted to $145.58 million, up from $38.46 million on Tuesday and the JSE USD market closed after only 22,109 shares were exchanged for US$25,157 compared to 135,574 units at US$3,223 on Tuesday.
Main Market trading was dominated by Wigton Windfarm led trading with 3.67 million shares followed by Jamaica Broilers with 3.22 million units, JMMB Group 7.5% ended with 2.35 million units and Transjamaican Highway with 1.03 million units.
In the Junior Market, Dolla Financial led trading with 1.31 million shares, followed by One Great Studio with 558,940 units and iCreate with 323,373.
At the close of the market, Main Market stocks rising are AS Bryden that rallied $1 and ended at $40, Caribbean Cement climbing $2.24 to $57, NCB Financial gaining $1.30 in closing at $67.50.
Declining Main Market stocks include Guardian Holdings down $5 to $390, Jamaica Stock Exchange dipping 96 cents to $10.06, Mayberry Group declining 95 cents to $7.50, Mayberry Jamaican Equities shedding 89 cents to close at $9.01, Proven Investments dropping $1.30 and ended at $22.18 as Sagicor Group skidded $1.07 to end at $44.93 and Seprod sank $1.99 and ended at $83.
In the Junior Market, rising stocks include Main Event which rose 67 cents to close at $14.97 and the stock with the largest loss in the Junior Market was AMG Packaging fell 64 cents to $2.36.
In the preference segment, Jamaica Public Service 7% rose $8.17 in closing at $48.17 and Productive Business Solutions 10.5 % preference share rallied $40 to end at $1,100.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21.6 on 2022-23 earnings and 13.9 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 PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, 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 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.
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 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 pertaining to the highest bid and the lowest offer for each company.
JSE Main Market pops higher as Juniors fall
The Junior Market and the JSE USD market slipped in trading on Monday while the Main Market inched marginally higher at the close on Monday, with 39 ordinary shares declining against just 33 rising as the Jamaica Stock Exchange closed following a rise in the volume and a decline in the value of stocks traded.
At the close of trading on Monday, the JSE Combined Market Index slipped 335.55 points to 335,510.11, the All Jamaican Composite Index rallied 82.60 points to 360,020.49, the JSE Main Index rose 36.27 points to end at 322,734.20. The Junior Market Index fell 30.78 points to end at 3,749.36 and the JSE USD Market Index shed 0.83 points to 240.86.
At the close of trading, 16,506,255 shares were exchanged in all three markets, up from 16,067,798 units on Friday, with the value of stocks traded on the Junior and Main markets amounted to $48.4 million, down from $60.18 million on Tuesday and the JSE USD market closed after 23,424 shares were traded, for US$1,068 compared to 13,643 units at US$3,500 on Friday.
Main Market trading was dominated by Wigton Windfarm with 6.16 million shares followed by Transjamaican Highway with 1.46 million units and Ciboney Group with 719,955 units.
In the Junior Market, EduFocal led trading with 1.26 million shares followed by Express Catering with 570,734 units and ONE on ONE Educational with 419,388 units.
At the close of the market, Main Market stocks rising are MPC Caribbean Clean Energy popping 99 cents and ending at $90, Proven Investments rising $1.04 in closing at $23.48, Sagicor Group jumping $4.38 to end at $45.98, Scotia Group rising $1 to $39 and Seprod climbing $5.50 in closing at $82.50.
Declining Main Market stocks include First Rock Real Estate down $1.23 to $6.77, Guardian Holdings falling $3.99 to $395, Margaritaville shedding $2.58 to end at $15 and Wisynco Group sinking $1.23 to end at $20.06.
In the Junior Market rising stocks include just Indies Pharma with an increase of 39 cents to $3.04.
Stock with the largest losses in the Junior Market was Access Financial down 50 cents to end at $25, AMG Packaging sinking 59 cents to $2.61 and Cargo Handlers dropping $2.43 to close at $11.57.
In the preference segment, Jamaica Public Service 7% skidded $5 in closing at $40 and Productive Business Solutions 10.5 % preference share shed $20 to end at $1,060.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21.8 on 2022-23 earnings and 13.9 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 PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, 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 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.
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 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 pertaining to the highest bid and the lowest offer for each company.
Stocks fell on the JSE Main & Junior Markets
Trading on Friday ended with 39 ordinary shares declining against just 27 that gained as the Jamaica Stock Exchange suffered declines in the Main Market and the Junior Market but the JSE USD market closed higher following a rise in the volume and value of stocks trading.
At the close of trading on Friday, the JSE Combined Market Index shed 1,100.91 points to close at 335,745.66, the All Jamaican Composite Index dropped 3,528.13 points to 359,937.89, the JSE Main Index lost 1,060.72 points and wrapped up trading at 322,697.93. The Junior Market Index fell 12.12 points to end at 3,780.14 and the JSE USD Market Index rose 4.38 points to 241.69.
At the close of trading, 16,067,798 shares were exchanged in all three markets, up from 10,635,206 units on Thursday,
with the value of stocks traded on the Junior and Main markets amounted to $60.18 million, up from $38.4 million on Tuesday and the JSE USD market closed after 13,643 shares were traded, for US$3,500 compared to 250,247 units at US$11,360 on Thursday.
Main Market trading was dominated by Transjamaican Highway with 3.35 million shares followed by Carreras with 2.22 million units, Wigton Windfarm with 1.32 million units and Sagicor Select Financial Fund with 1.17 million units.
In the Junior Market, One Great Studio led trading with 1.13 million shares followed by Dolla Financial with 727,676 units and Everything Fresh with 565,867 units.
At the close of the market, Main Market stocks rallying were Eppley Caribbean Property Fund climbing $1.02 and ended at $38.02. First Rock Real Estate popped $1.05 to end at $8, GraceKennedy gained $1.40 in closing at $79.40,
Declining Main Market stocks include Barita Investments with a loss of $2.01 to close at $71, JMMB Group declining $1.25 to $24.25, Sagicor Group dropping $5.39 and ended at $41.60, Scotia Group skidded $1.29 in closing at $38, while Sperod sank $8 to close at $77.
In the Junior Market rising stocks include Cargo Handlers with a gain of 92 cents in closing at $14 and the only stock with a sizable loss in this market was AMG Packaging down 70 cents in ending at $3.20.
In the preference segment, Productive Business Solutions 10.5 % preference share advanced $5 to end at $1,080.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21.9 on 2022-23 earnings and 14 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 PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, 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 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.
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 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 pertaining to the highest bid and the lowest offer for each company.
JSE Main Market falls, Juniors rise
Jamaica stocks rose on the Jamaica Stock Exchange on Thursday but overseas-based stocks pulled back, with the Main Market slipping as the Junior Market recovered some of the grounds lost on Wednesday but the JSE USD market closed lower following a drop in the volume and value of stocks trading falling.
At the close of trading, the JSE Combined Market Index shed 206.43 points to end trading at 336,846.57, the All Jamaican Composite Index rose 1,082.80 to close at 363,466.02, the JSE Main Index fell 499.84 points to 323,758.65. The Junior Market Index climbed 29.96 points to 3,792.26 and the JSE USD Market Index fell 2.02 points to 237.31.
At the close of trading, 10,635,206 shares were exchanged in all three markets, down from 13,087,775 units on Wednesday, with the value of stocks traded on the Junior and Main markets amounting to $38.4 million, down compared with $69.13 million on Tuesday and the JSE USD market closed after 250,247 shares were traded, for US$11,360 compared to 163,964 units at US$2,851 on Wednesday.
Main Market trading was dominated by Transjamaican Highway led trading with 1.41 million shares followed by Sagicor Select Financial Fund with 1.29 million units and QWI Investments with 888,809 units.
In the Junior Market, iCreate led trading with 612,599 shares followed by Future Energy with 573,561 units and One Great Studio with 415,210 units.
Main Market stocks rallying were NCB Financial rose $1 to close at $67.50 and Seprod rallied $2.10 in closing at $85.
Declining Main Market stocks included, GraceKennedy lost $1.75 to close at $78, Supreme Ventures declined $1.35 to $24.60 and Jamaica Broilers sank $1 in closing at $33.50.
Rising Junior Market stocks include Dolphin Cove advancing 70 cents in closing at $20 and Fontana increasing 52 cents to $10.60. There were stocks with big losses in this market.
In the preference segment, 138 Student Living preference share dropped $10 to end at $120 and Productive Business Solutions 10.5% preference share advanced $15 in closing at $1,075
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21.9 on 2022-23 earnings and 14.1 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 PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, 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 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.
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 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 pertaining to the highest bid and the lowest offer for each company.
Pull back for JSE Main & Junior Markets
The Main Market and Junior Market of the Jamaica Stock Exchange gave back some of the gains garnered over the past few trading sessions but the JSE USD market closed higher for the second day of trading as the overall trading levels in the markets pulled back from those of Friday and Tuesday, with the market weighed down by more big falling prices than those rising.
At the close of trading, 13,087,775 shares were exchanged in all three markets, down from 21,294,970 units on Tuesday,
with the value of stocks traded on the Junior and Main markets amounted to $69.13 million, down compared with $81.4 million on Tuesday and the JSE USD market closed after 163,964 shares were traded, for US$2,851 compared to 51,389 units at US$5,071 on Tuesday.
Main Market trading was dominated by Wigton Windfarm led trading with 1.78 million shares for 25.4 percent of total volume followed by Jamaica Stock Exchange with 1.43 million units for 20.4 percent of the day’s trade and Transjamaican Highway with 637,525 units.
In the Junior Market, Lasco Financial led trading with 2.96 million shares, followed by AMG Packaging with 557,050 units and One Great Studio with 492,557 units.
At the close of the market, Main Market stocks rallying were AS Bryden, with a gain of $3.01 to $33.11, Seprod climbing $2.91 to $82.90, Wisynco Group up $1.25 to close at $22.30.
Declining Main Market stocks included, Eppley Caribbean Property Fund skidded $3 to end at $37, Caribbean Cement lost $1.82 and ended at $57.66, NCB Financial down $1.50 and ended at $66.50 and Scotia Group up $1 to $38.50.
Rising Junior Market stocks include AMG Packaging advancing $1.50 to $3.90 and Main Event increasing $1.20 in closing at $14.34. Falling stocks include Access Financial down $2.29 to close at $25.20 and Cargo Handlers declining $1.84 to end at $13.08.
At the close of trading, the JSE Combined Market Index dropped 4,040.80 points to 337,053.00, the All Jamaican Composite Index skidded 5,765.35 points to lock up trading at 362,383.22, the JSE Main Index lost 3,566.78 points to end at 324,258.49. The Junior Market Index dropped 79.45 points to conclude trading at 3,762.30 and the JSE USD Market Index gained 1.52 points to settle at 239.33.
In the preference segment, Eppley 7.75% preference share popped $3.99 to $22.99.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21.7 on 2022-23 earnings and 14.1 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 PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, 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 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.
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 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 pertaining to the highest bid and the lowest offer for each company.
