Omni Industries led Jamaica stocks  

Markets slipped at the close of trading on Monday on the Jamaica Stock Exchange, after the Junior Market listed Omnis Industries ended with 145 million shares changing hands with a value of $175 million to be the leading traded stock on the market, with the value of stocks traded jumping sharply over the previous Friday, with prices of 31 shares rising and 48 declining.
At the close of trading, the JSE Combined Market Index shed 944.64 points to close at 324,058.93, the All Jamaican Composite Index dived 2,244.49 points to end the day at 353,055.26, the JSE Main Index dropped 965.44 points to close at 311,533.81. The Junior Market Index slipped a mere 3.00 points to end at 3,646.12 and the JSE USD Market Index fell 1.12 points to close at 230.77.
At the close of trading, 157,980,160 shares were exchanged in all three markets, up from 52,466,642 units on Friday, with the value of stocks traded on the Junior and Main markets amounted to $218.22 million, well over the $144.68 million on the previous trading day and the JSE USD market closed with an exchange of 56,649 shares for US$10,020 compared to 868,169 units at US$18,549 on Friday.
In Main Market activity, Sagicor Select Financial Fund led trading with 1.29 million shares followed by Transjamaican Highway with 1.27 million units and Wigton Windfarm with 780,462 stock units.
In Junior Market trading, Omni Industries led trading with 145.11 million shares followed by RA Williams with 1.90 million units and JFP Ltd with 829,484 stocks.
In the preference segment, 138 Student Living preference share skidded $15 to $195.
The market’s PE ratio, the most popular measure used to value stocks, ended at 20 on 2023-24 earnings and 13.4 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.