All three market indices declined on the Jamaica Stock Exchange recorded on Tuesday with a rise in the volume and value of stock trading compared to Monday.
The JSE Combined Market Index shed 1,572.34 points to  346,220.16, the All Jamaican Composite Index fell 1,353.85 to 374,451.28, the JSE Main Index closed at 333,066.14 after slipping 1,349.09 points, while the Junior Market Index dropped 34.25 points to end at 3,700.51 and the JSE USD Market Index dipped 2.65 points to finish at 237.47.
Shares in the preference segment of the Main Market that are not included in the TOP10 graphs ended with Eppley 7.25 percent climbing $3.50 to $20, JPS7 percent jumped $13.25 to $63.25 and 138SLVR rallied $14.65 to close at $88.65
At the close, investors exchanged 32,651,744 shares in all three markets, up from 29,285,359 units on Monday, with the value of stocks trading amounting to $105.6 million up from $85.3 million on Monday. Trading on the JSE USD market resulted in investors exchanging 301,912 shares for US$33,588, up sharply from 173,563 units at US$11,282 on Monday.
The market’s PE ratio ended at 18.9 on 2022-23 earnings and 12.4 times those for 2023-24 at the close of trading.
Investors need pertinent information to successfully navigate numerous 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 and 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 along with the closing volume pertaining to highest bid and lowest offer 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.