Decline for the Jamaica Stock Exchange

All three markets of the Jamaica Stock Exchange declined at the close of trading on Monday following a drop in the number and the value of stocks changing hands, compared with trading on Friday, resulting in prices of 26 shares rising and 35 declining.
At the close of trading, the JSE Combined Market Index dropped 3,362.83 points to 316,989.43, the All Jamaican Composite Index shed 1,178.41 points to 349,832.54 and the JSE Main Index slipped 3,382.53 points to  304,809.02. The Junior Market Index lost 17.62 points to end at 3,556.92 and the JSE USD Market Index lost 1.55 points to close at 219.34.
At the close of trading, 24,430,418 shares were exchanged in all three markets, down from 37,579,905 units on Friday, with the value of stocks traded on the Junior and Main markets amounted to $55.13 million, well below the $93.73 million on the previous trading day and the JSE USD market closed with an exchange of 281,668 shares for US$68,578 coup sharply from 87,202 units at US$7,834 on Friday.
In Main Market activity, Radio Jamaica led trading with 10.51 million shares followed by Transjamaican Highway with 1.11 million units for 7.2 percent of the day’s trade and JMMB 9.5% preference share with 859,789 stock units.
In Junior Market trading, EduFocal led trading with 1.82 million shares followed by Stationery and Office Supplies with 1.13 million units and Spur Tree Spices with 547,915 stock units.
In the preference segment, 138 Student Living preference shares dropped $49 to close at $160.
The market’s PE ratio, the most popular measure used to value stocks, ended at 19 on 2023-24 earnings and 13 times those for 2024-25 at the close of trading. ICInsider.com PE ratio chart and more detailed daily charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons within a sector and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The ICInsider.com PE ratio chart and more detailed daily charts provide investors with regularly updated information to help decision-making.
The chart should be used in making rational decisions when investing in stocks close to the average for the sector, not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock.
The net asset value of each company is incorporated into the chart. Investors can use this measure in assessing stock values. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends that are paid or are due to be paid and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume of the highest bid and the lowest offer for each company.