JSE Markets closed with mostly gains

Trading on Monday on the Jamaica Stock Exchange ended with a rise in the volume of stocks exchanged, with a much higher value than on Friday, resulting in Main Market major indices rising, the Junior Market’s closing higher and the JSE USD Market declined. At the close, trading resulted in rising stocks overwhelming decliners nearly two to one with prices of 51 shares rising, 36 declining and 30 remaining firm.
At the close of trading the JSE Combined Market Index rose 3,011.68 points to 323,942.07, the All Jamaican Composite Index rallied 3,750.99 points to 358,772.17, as the JSE Main Index popped 2,888.42 points to close at 310,847.56, the Junior Market Index popped 34.80 points to 3,721.21 and the JSE USD Market Index fell 2.76 points to 223.69.
At the close of the market  35,763,008 shares were traded in all three markets, well ahead of the 16,381,003 units on Friday, with the value of stocks traded on the Junior and Main markets amounted to $235.99 million, well above the $106.92 million on the previous trading day and the JSE USD market closed with an exchange of 65,465 shares for US$1,775 down from 302,404 units at US$26,091 on Friday.
In Main Market activity, Sterling Investments led trading with 7.96 million stocks followed by Palace Amusement with 4.67 million shares and Transjamaican Highway with 2.42 million units.
In Junior Market trading, JFP Ltd led trading with 8.02 million stocks followed by Derrimon Trading with 2.18 million shares and Jamaican Teas with 1.01 million units.
In the preference segment, Eppley 7.25% preference share shed 58 cents to end at $19.
The market’s PE ratio, the most popular measure used to value stocks, ended at 20.9 based on 2023-24 earnings and 12.9 times projected 2024-25 earnings. The ICInsider.com PE ratio chart and the other 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 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.