Falling stocks continue to dominate trading on the Jamaica Stock Exchange Wednesday with prices of 43 shares declining, 30 rising and 27 remaining firm following a decline in the volume of stock trading with the value climbing over that on Wednesday , next up the Junior Market’s valuation rose and finally the JSE USD market rose in trading compared to Wednesday. In total trading resulted in.
At the close of trading the JSE Combined Market Index skidded 3,863.06 points to 320,396.3, the All Jamaican Composite Index rose 115.21 points to 356,408.33 but the JSE Main Index fell 4,183.75 points to end the day at 307,339.9, the Junior Market Index added 19.09 points to finish at 3,694.48 and the JSE USD Market Index rose 2.71 points to conclude trading at 225.59.
At the close of trading, 8,528,338 shares were exchanged in all three markets, down from 15,297,658 units on Wednesday, with the value of stocks traded on the Junior and Main markets climbing to $90.73 million, up from $64.86 million on the previous day and the JSE USD market closed with an exchange of 373,225 shares for US$39,451 up from 299,517 units at US$37,566 on Wednesday.
In Main Market activity, Jamaica Broilers led trading with 1.27 million stocks followed by Transjamaican Highway with 735,129 shares and Wigton Windfarm with 628,302 units.
In Junior Market trading, Stationery and Office Supplies led trading with 1.01 million stocks followed by Omni Industries with 430,226 shares and One Great Studio with 327,803 units.
The market’s PE ratio, the most popular measure used to value stocks, ended at 12.7 based on 2024-25 projected earnings and 20.8 based on 2023-24 earnings. 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.
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 paid or payable 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.