Guardian Holdings plunges, Junior Market rallies

Guardian Holdings plunged $21 to $288 on the Jamaica Stock Exchange on Tuesday, leading to a marginal rise in the JSE Main Index. At the same time, the All Jamaican Composite Index dropped, as the Junior Market and JSE USD market closed higher as trading ended with the number and the value of stocks changing hands falling, from that of the previous trading day, resulting in prices of 35 shares rising and 31 declining.
At the close of trading, the JSE Combined Market Index climbed 296.59 points to end at 316851.94, the All Jamaican Composite Index skidded 1,081.95 points to close at 347,609.62 and the JSE Main Index climbed 58.67 points to end at 304,375.54. The Junior Market Index rose 33.92 points to 3,596.07 and the JSE USD Market Index rallied 4.11 points to end at 223.81.
At the close of trading, 13,105,016 shares were traded in all three markets, sharply down from 101,328,104 units on Monday, with the value of stocks traded on the Junior and Main markets amounted to $75.30 million, compared with $90.29 million on the previous trading day and the JSE USD market closed with an exchange of 358,439 shares for US$7,128 compared to 86,270 units at US$8,297 on Monday.
In Main Market activity, Transjamaican Highway led trading with 2.16 million shares followed by Wigton Windfarm with 1.24 million units and Wisynco Group with 750,121 stock units.
In Junior Market trading, EduFocal led trading with 3.03 million shares followed by Omni Industries with 770,144 units and Spur Tree Spices with 383,260 stock units.
In the preference segment, no stock traded with a notable price change.
The market’s PE ratio, the most popular measure used to value stocks, ended at 19.2 on 2023-24 earnings and 13. 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.