Main Market rise Juniors fall

The JSE USD market inched higher at the close of the Jamaica Stock Exchange on Monday as the Main Market gained more than a thousand points but the Junior Market dropped for a third consecutive day, with fewer stocks changing hands, with the value traded falling sharply from that on the previous trading day, resulting in prices of 46 shares rising and 36 declining.
At the close of trading on Monday, the JSE Combined Market Index rallied 1,132.02 points to end at 340,293.63, the All Jamaican Composite Index rose 2,140.38 points to 367,297.93, the JSE Main Index rose 1,337.67 points to close at 327,756.09. The Junior Market Index sank 21.57 points to end the day at 3,744.99 and the JSE USD Market Index popped 0.96 points to settle at 244.99.
At the close of trading, 21,408,365 shares were exchanged in all three markets, down from 29,059,711 units on Friday, with the value of stocks traded on the Junior and Main markets with a value of $74.87 million, well off from $240.14, million on the previous trading day and the JSE USD market closed with an exchange of 130,853 shares for US$9,068 compared to 209,773 units at US$28,768 on Friday.
In Main Market activity, Transjamaican Highway led trading with 6.89 million shares followed by Wigton Windfarm with 1.38 million units and Radio Jamaica with 691,900 stocks.
In the Junior Market, Express Catering led trading with 3.61 million shares followed by ONE on ONE Educational with 1.63 million stock units and Fosrich with 1.02 million units.
In the preference segment Jamaica Public Service 9.5% dropped $50 to close at $2650 and Sygnus Credit Investments C10.5% declined $9 to finish at $101.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 19.8 on 2023-24 earnings and 13.6 times those for 2024-25 at the close of trading. ICInsider.com PE ratio chart and the 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 between the same sector companies and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Investors need pertinent information to navigate numerous investment options successfully in the 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 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 reported as a guide for investors 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 paid or payable 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.