Main Market rise Junior and USD markets fall

The Main Market of the Jamaica Stock Exchange rose moderately in trading on Monday, while the Junior Market dropped and the JSE USD market closed moderately lower as trading ended with the number of stocks changing hands falling, with a higher value over the previous trading day, resulting in prices of 20 shares rising and 50 declining.
At the close of trading, the JSE Combined Market Index dropped by 138.20 points to close at 322,290.13, the All Jamaican Composite Index climbed 633.88 points to  351,430.31 and the JSE Main Index rallied 139.96 points to finish at 310,098.96. The Junior Market Index dropped 38.41 points to end at 3,590.34 and the JSE USD Market Index slipped 0.37 points to 221.44.
At the close of trading, 16,377,219 shares were exchanged in all three markets, down from 21,329,562 units on Friday, with the value of stocks traded on the Junior and Main markets amounted to $64.15 million, well over the $42.33 million on the previous trading day and the JSE USD market closed with an exchange of 126,060 shares for US$3,535 compared to 861,865 units at US$18,856 on Friday.
In Main Market activity, Wigton Windfarm led trading with 3.50 million shares followed by Transjamaican Highway with 1.18 million units and Kingston Wharves with 359,790 shares.
In Junior Market trading, ONE on ONE Educational led trading with 2.86 million shares followed by Jamaican Teas with 1.63 million stocks and Omni Industries with 844,879 units.
In the preference segment, Jamaica Public Service 7% shed $1.77 to end at $46.23 and Sygnus Credit Investments C10.5% dropped $3.90 to end at $104.
The market’s PE ratio, the most popular measure used to value stocks, ended at 19 on 2023-24 earnings and 13.2 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.