The Junior Market was at it again at the close of trading on Thursday after a few days’ break from clocking more record close, the market surged 69.15 points and closed at 4,531.37, but the Jamaica Stock Exchange Main Market pulled back marginally at the close. Trading on the overall market saw the JSE Combined Index slipping 248.15 points to close at 415,197.25.
The All Jamaican Composite Index shed 432.04 points to 458,389.92, the JSE Main Index fell 920.96 points to end at 400,504.59 and the JSE USD market index slipped 0.49 points to end at 223.12.
Trading ended with 23,196,143 shares in all markets. The value of stocks traded in the Main and Junior Markets totalled $173.3 million and the JSE USD market amounts to US$12,453.
The market’s PE ratio ended at 26.3 based on 2021-22 earnings and 13.5 times those for 2022-23 at the close of the Jamaica Stock Exchange.
Investors need a series of measures and pertinent information to successfully navigate the many investment choices 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 with decision-making.
Investors should use the chart to help make rational investment decisions by investing in stocks that are 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 take emotions out of the investment decision 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 listed on the Jamaica Stock Exchange. It 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 show the closing volume for the bids and offers.
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.
A total of 41 securities trading compared to 43 on Tuesday, with 18 rising, 18 declining and five closing unchanged.
At the close, Access Financial lost 50 cents to close at $21 in trading 1,356 shares, Derrimon Trading advanced 12 cents after ending at a 52 weeks’ high of $3.05 in exchanging 747,293 stock units, Dolphin Cove declined $1.40 to $20, with 160,113 units crossing the market. EduFocal rallied 21 cents to end at $3.29 with an exchange of 1,152,223 stocks, Elite Diagnostic rallied 10 cents in closing at $4 with the swapping of 17,586 shares, Fontana gained 50 cents to close at $11 in switching ownership of 146,566 units. Fosrich shed $2.05 to end at $32.92 after exchanging 101,170 stock units, Future Energy Source increased 22 cents to $7 trading 2,351,607 stocks, General Accident fell 26 cents in closing at $6.14 after an exchange of 8,286 units. iCreate climbed 95 cents to close at a 52 weeks’ high of $4.19, with 1,696,163 stocks crossing the exchange, Jamaican Teas dropped 27 cents to $3.53 in an exchange of 1,850,548 stock units, Knutsford Express shed 10 cents in closing at $7.80, with 107,922 shares crossing the market. 
Lasco Distributors dropped 18 cents to end at $3.30, with 1,551 stock units changing hands, Lasco Financial rose 10 cents to $3.40 after exchanging 92,884 shares, Lasco Manufacturing advanced 25 cents to close at $5.35 with 11,010 stocks clearing the market. Main Event climbed 98 cents to $9.98 while exchanging 28,655 units, Medical Disposables popped $1 to end at $7, trading 212,382 stock units and tTech declined 17 cents to $3.78 after exchanging 34,471 units.
The All Jamaican Composite Index fell 305.19 points to 456,528.96, the JSE Main Index declined 256.15 points to end at 399,793.50 and the JSE USD market index lost 0.40 points to 224.76.
It shows companies grouped on an industry basis, allowing easy comparisons between the same sector companies and the overall market.
Market activity led to 43 securities trading compared to 44 on Friday and ended with 14 rising, 21 declining and eight closing unchanged.
Trading averaged 741,497 shares at $4,382,795, up from 240,793 shares at $1,067,444 on Friday with month to date. April closed with an average of 449,923 units at $1,781,786.
Lasco Manufacturing rallied 33 cents to end at $5.58 after exchanging 20,611 units, Spur Tree Spices fell 18 cents in closing at $4.07 after an exchange of 1,206,504 stocks and Stationery and Office Supplies gained 20 cents to end at $9.50, with 14,980 stock units crossing the market.
The All Jamaican Composite Index fell 2,340.12 points to 456,834.16, the JSE Main Index fell 1,808.72 points to end at 400,049.66 and the JSE USD market index lost 1.38 points to 225.17.
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 show the closing volume for the bids and offers.
Trading ended on Friday with an exchange of 44 securities down from 45 on Thursday and finished with 20 rising, 18 declining and six were unchanged.
At the close, Access Financial rose 83 cents to $21.03, with 4,393 shares clearing the market, AMG Packaging popped 24 cents to $3.80, trading 52,828 units, CAC 2000 rallied 40 cents to end at $7 after exchanging 6,371 stocks. Cargo Handlers advanced $2.09 to close at $12.25 after 11,280 stock units changed hands, Dolphin Cove dropped 48 cents to $22 in trading 14,442 stocks, Express Catering climbed 16 cents to close at $6.16, with 18,272 units crossing the market. Fontana gained 34 cents in closing at $11.29 with the swapping of 352,809 stock units, General Accident increased 41 cents to end at $6.40 while exchanging 12,585 shares, Indies Pharma declined 14 cents to $3.15, with 110,478 stock units changing hands. Jetcon Corporation shed 12 cents in ending at $1.63, with 339,723 shares crossing the market, Lasco Manufacturing fell 45 cents to close at $5.25 after switching ownership of 2,001,922 stocks, Medical Disposables rallied 39 cents in closing at $6.89 with 15,015 units changing hands. 
Paramount Trading climbed 28 cents to end at $2.04 with an exchange of 151,045 shares, Spur Tree Spices lost 20 cents after finishing at $4.25 in exchanging 941,724 stock units, SSL Venture rose 15 cents to $1.75 after trading 50,512 units. Stationery and Office Supplies declined 35 cents to end at $9.30 in an exchange of 89,056 stocks, Tropical Battery shed 14 cents in ending at $2.85, with 647,853 stocks crossing the exchange and tTech fell 33 cents to close at $3.76 after exchanging 103,068 stock units.
The All Jamaican Composite Index added 608.23 points to settle at 459,174.28, the JSE Main Index rose 658.05 points to end at 401,858.38 and the JSE USD market index rose points just 1.35 points to 226.55.
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 show the closing volume for the bids and offers.
Trading averaged 1,030,475 shares at $5,073,340, up from 369,428 units costing $1,397,363 on Wednesday, with the month to date, averaging 461,796 units at $1,822,342 versus 426,741 units at $1,621,938 on the previous trading day. Trading in March averaged 719,276 units at $2,636,802.
Lasco Manufacturing popped 60 cents ending at $5.70 with an exchange of 40,838 units, Medical Disposables lost 50 cents to close at $6.50 after 135,187 stocks changed hands, Paramount Trading shed 22 cents to end at $1.76 while exchanging 552,705 shares. Spur Tree Spices climbed 23 cents to close at a record high of $4.45 after an exchange of 679,715 stock units, SSL Venture dropped 15 cents in ending at $1.60, with 109,215 stocks crossing the market, Stationery and Office Supplies advanced 65 cents to end at $9.65 after 29,964 units crossed the exchange and tTech rallied 19 cents in closing at $4.09 with 10,000 shares traded.
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 show the closing volume for the bids and offers.
At the close, Access Financial rallied $1.12 to close at $21.50 while exchanging 24,946 shares
Medical Disposables climbed 95 cents to close at $7 after exchanging 1,128,190 units, Spur Tree Spices increased 31 cents in ending at a 52 weeks’ high of $4.22 after 1,754,659 stocks changed hands, SSL Venture popped 17 cents in closing at $1.75, with 175,106 shares clearing the market, Stationery and Office Supplies popped 75 cents to end at $9 trading 15,960 units and tTech rose 11 cents to $3.90 after 11,782 stock units passed through the exchange.