Jamaica stocks lost ground on Tuesday

Stocks slipped in trading on Tuesday with the Jamaica Stock Exchange Combined Index skidding 521.04 points to close at 410,985.67 points as the Junior Market suffered a 92.56 points fall of 2.33 percent.
The market’s PE ratio slipped to 17.5 based on 2021/22 earnings and 12.7 times those for 2022/23 at the close of trading on the Jamaica Stock Exchange.
Investors need a series of measures and pertinent information to successfully navigate the many investment choices in the local stock market. ICInsider.com introduces a chart of all ordinary shares listed on the exchange that allows investors to see the values of stocks stacked against their immediate peers.
The accompanying ICInsider.com PE chart covers all ordinary shares listed on the Jamaica Stock Exchange and shows companies grouped on an industry basis, allowing for easy comparisons between same sector companies as well as the overall market. The net asset value of each company is reported as a guide to easily assess the value of stocks based on this measure.
The EPS & PE ratios are based on 2021 and 2022 actual or projected earnings, excluding major one time income or expense. The PE Ratio is the most popular measure used to determine the value of stocks for a formula for computing appropriate stock values, averages 17. 
The chart also shows daily changes in stock prices and the percentage year to date changes based on the last traded prices. Dividends payable and yields for each company are shown in the Main and  Junior Markets daily report charts that also show the closing volume for the bids and offers.

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