Dolla Financial dominates trading


Trading on the Jamaica Stock Exchange on Monday rose sharply higher than in market activities on Friday and ended with a big surge in the volume of stocks traded following 76.8 million shares changing hands in Dolla Financial, with a value of in the overall market jumping higher than the previously traded level, resulting in the indices in all three markets closing lower. At the end of trading prices of 37 shares rose, 42 declined and 40 remained firm.

At the close of trading the JSE Combined Market Index shed 1,717.88 points to end at 329,239.04, the All Jamaican Composite Index fell 1,411.66 points to wrap up trading at 362,264.40, the JSE Main Index dipped 1,362.91 points to end the day at 316,354.12, the Junior Market Index dropped 57.75 points to end at 3,725.64, and the JSE USD Market Index skidded 7.54 points to wrap-up trading at 238.91.
At the close of trading, 97,124,145 shares were exchanged in all three markets, sharply up from 19,818,291 units on Friday, with the value of stocks traded on the Junior and Main markets amounted to $330.7 million, solidly above the $255.86 million on the previous trading day and the JSE USD market closed with an exchange of 23,932 shares for US$3,328 down from 45,633 units at US$7,963 on Friday.
In Main Market activity, Wigton Energy led trading with 5.05 million stocks followed by Transjamaican Highway with 1.83 million shares and Lasco Manufacturing with 1.30 million units.
In Junior Market trading, Dolla Financial led trading with 76.83 million stocks followed by One Great Studio with 2.64 million shares and Derrimon Trading with 1.70 million units.
In the preference segment, Jamaica Public Service 9.5% skidded $4.99 and ended at $2895, 138 Student Living preference share increased $48.49 to $241.49 and Sygnus Credit Investments C10.5% climbed $3 to finish at $105.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13 based on 2024-25 earnings and 21.2 based on 2023-24 historical earnings. The ICInsider.com PE ratio chart and other more detailed daily charts provide investors regularly updated information to help decision-making. The PE ratio chart covers ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons within a sector and the overall market. The earnings per share (EPS) and PE ratios are based on 2023 and 2024 actual or projected earnings, excluding any major time income or expenses.

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.

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