Gains for USD market, others fall


Trading dropped back to more levels that are may be considered more recently normal on Tuesday on the Jamaica Stock Exchange with a decline in the volume and the value of stocks that were exchanged than on Monday, resulting in Main and Junior Market indices falling, while the JSE USD Market rose with the market ended, with prices of 32 shares rising, 58 declining and 22 remaining firm. 

At the close of trading, the JSE Combined Market Index declined by 2,111.42 points to finish at 327,127.62, the All Jamaican Composite Index skidded 801.66 points to wrap up trading at 361,462.74, the JSE Main Index fell 2,000.45 points to settle at 314,353.67, the Junior Market Index sank 27.66 points to close at 3,697.98, and the JSE USD Market Index climbed 4.43 points to 243.34.

Market activities resulted in trading of 23,239,607 shares in all three markets, down sharply from 97,681,145 units on Monday, with the value of stocks traded on the Junior and Main markets amounted to just $70.63 million, much lower than the $332.73 million on the previous trading day and the JSE USD market closed with an exchange of 93,280 shares for US$4,522 from 23,932 units at US$3,328 on Monday.
In Main Market activity, Wigton Energy led trading with 1.66 million stocks followed by Transjamaican Highway with 1.27 million shares and Pulse Investments with 524,138 units.
In Junior Market trading, Stationery and Office Supplies led trading with 8.07 million stocks followed by Dolla Financial with 5.31 million shares and Jamaican Teas with 1.03 million units.
In the preference segment, Jamaica Public Service 7% fell $4.40 to $40.50, 138 Student Living preference share advanced $22.51 in closing at $264.
The market’s PE ratio, the most popular measure used to value stocks, ended at 12.7 based on 2024-25 earnings and 20.6 using 2023-24 historical earnings. The ICInsider.com PE ratio chart and other more detailed daily charts provide investors with regularly updated data to help in 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 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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