Trading resumed on the Jamaica Stock Exchange following closure of the market on National Heroes day on Monday and ended declines in all three markets with declines in the volume and value of stocks traded compared to Friday and resulting in prices of 32 shares rising, 54 declining and 29 remaining firm.
At the close of trading the JSE Combined Market Index sank 2,479.88 points to close at 322,227.23, the All Jamaican Composite Index fell 5,528.26 points to end at 351,968.64, the JSE Main Index dropped 2,401.76 points to 309,488.36, the Junior Market Index shed 25.54 points to end at 3,663.4, and the JSE USD Market Index dipped 1.99 points to settle at 223.69.
At the close of trading, 16,881,624 shares were exchanged in all three markets, down from 19,514,140 units on Friday, with the value of stocks traded on the Junior and Main markets amounted to 74.86 million, well lower than the $93.04 million on the previous trading day and the JSE USD market closed with an exchange of 494,867 shares for US$29,853 compared to 494,005 units at US$35,761 on Friday.
In Main Market activity, QWI Investments led trading with 4.08 million stocks followed by Transjamaican Highway with 1.79 million shares and Sagicor Select Financial Fund with 892,223 units.
In Junior Market trading, JFP Ltd led trading with 1.69 million stocks followed by EduFocal with 955,424 shares and Omni Industries with 729,525 units.
The market’s PE ratio, the most popular measure used to value stocks, ended at 12.9 on 2023-24 and 21 based on 2024-25 earnings computed by ICInsider.com. The 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 income or expenses that are
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 income or expenses that are not likely to be incurred regularly.
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.