The JSE USD market was the only JSE market to record gains on Monday as both the Main and Junior Markets fell again to trade at their lowest levels since September 2018 and January 2022 respectively.
At the close of trading, 16,783,924 shares were exchanged in all three markets, up from 16,002,409 units, with a value of $93.3 million, in contrast to $108.4 million on the previous trading day. Trading on the JSE USD market resulted in investors exchanging a mere 11,094 shares for US$1,234 compared to 47,009 units at US$5,749 on Friday.
The JSE Combined Market Index fell 2,178.57 points to 335,718.53, the All Jamaican Composite Index dropped 3,422.66 points to 364,710.11, the JSE Main Index fell 2,021.79 points to 323,439.81 declined 2,977.64 points to 368,132.77, the JSE Main Index dropped 2,484.15 points to 325,461.60, the Junior Market declined 31.75 points to end at 3,704.30 and the JSE USD Market Index gained 4.49 points to close at 194.89.
The market’s PE ratio ended at 18.7 based on 2021-22 earnings and 12.2 times those for 2022-23 at the close of trading.
Investors need pertinent information to successfully navigate many investment options in the local stock market. 
The ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
Investors should use the chart to help make rational decisions when investing in stocks close to the average for the sector and not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and put in 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 ICInsider.com PE Ratio chart covers all ordinary shares on the Jamaica Stock Exchange. It shows companies grouped on an industry basis, allowing easy comparisons between the same sector companies and the overall market.
The net asset value of each company is reported as a guide to assess the value of stocks based on this measure quickly. The chart also shows daily changes in stock prices and the percentage year to date price movement 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 pertaining to the bids and offers for each company.
The EPS & PE ratios are based on 2021 and 2022 actual or projected earnings, excluding major one off items. The PE Ratio is the most popular measure used to determine the value of stocks.
