Gains for all JSE markets

Investors pushed the Jamaica Stock Exchange higher at the close of trading on Monday sending the main market solidly higher with the Junior and the JSE USD markets closed marginally higher, with trading ending with a greater volume of stocks changing hands sending the value traded higher than on the previous trading day, resulting in prices of 44 shares rising and 25 declining.
At the close of trading, the JSE Combined Market Index climbed solidly higher by 3,436.12 points to end at 320,893.47, the All Jamaican Composite Index popped 2,790.40 points to finish at 350,070.82 and the JSE Main Index climbed 3,574.84 points to 308,077.73. The Junior Market Index edged 2.50 points higher to 3,665.51 and the JSE USD Market Index rose 0.70 points to 235.48.
At the close of trading, 30,425,476 shares were exchanged in all three markets, up from 13,107,754 units on Friday, with the value of stocks traded on the Junior and Main markets amounted to $75.49 million, well over the $53.20 million on the previous trading day and the JSE USD market closed with an exchange of 107,733 shares for US$45,990 compared to 166,468 units at US$7,387 on Friday.
In Main Market activity, Wigton Windfarm led trading with 9.13 million shares followed by Transjamaican Highway with 4.08 million stocks, Sagicor Select Manufacturing & Distribution Fund with 1.94 million units and Transjamaican Highway 8% with 1.02 million stock units.
In Junior Market trading, Future Energy led trading with 4.70 million shares followed by RA Williams with 3.03 million units and JFP Ltd with 903,993 stocks.
In the preference segment, Eppley 7.50% preference share skidded 86 cents to $5.36, 138 Student Living preference share rallied $24.99 in closing at $199.99 and Sygnus Credit Investments C10.5% sank $2 to $103.
The market’s PE ratio, the most popular measure used to value stocks, ended at 19.8 on 2023-24 earnings and 13.3 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.