Emerging market — Page 16

Trading in One Great Studio stock jumps

September 20, 2023 by IC Insider.com

Newly Junior Market listed One Great Studio had a big bounce of 21.66 million stocks traded to better the 14 million shares traded on Tuesday with the price edging 4 cents higher to $1.18. Trading in the new listing lifted the volume of stocks traded well above Tuesday’s level and helped to lift the value of stocks traded higher as well.
At close, the JSE Combined Market Index shed 1,372.25 points to close trading at 325,607.84, the All Jamaican Composite Index dipped 255.62 points to 345,947.18, the JSE Main Index declined 1,603.18 points to 311,845.95, the Junior Market Index gained 13.23 points to close at 3,783.25 while the JSE USD Market Index popped 2.22 points to 256.33.
At close, investors traded 31,325,305 shares in all three markets, up from 21,288,720 stock units on Tuesday. The value of stocks traded on the Junior and Main markets amounted to $122.83 million, versus $61.34 million on Tuesday. The JSE USD market closed with investors trading 218,675 shares for US$32,659 up from 90,382 units at US$2,822, on Tuesday.
In the preference segment, Eppley 7.25% preference share dipped $1.21 to $5.56 and Jamaica Public Service 7% rallied $15 to $57.
The market’s PE ratio, the most popular measure used to determine the value of stocks ended at 19.3 on 2022-23 earnings and 10.8 times those for 2023-24 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, with companies 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 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 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 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 pertaining to the highest bid and the lowest offer for each company.

One Great Studio hits market

September 19, 2023 by IC Insider.com

One Great Studio was listed on the Junior Market of Virgin America Stock Exchange with more than 14 million shares trading up to $1.29 but closing at $1.14, the listing brings the total number of companies listed on the Junior Market to 49. Trading in the new listing lifted the volume of stock traded well above Monday, but it failed to lift the value of stocks traded and did little for the Junior Market Index that fell along with the rest of the market.
At close, the JSE Combined Market Index fell 803.13 points to 329,164.88, the All Jamaican Composite Index skidded 2,014.32 points to finish at 346,202.80, the JSE Main Index fell 2,127.01 points to end at 313,449.13, the Junior Market Index dipped 21.90 points to 3,770.02 while the JSE USD Market Index slipped 0.47 points to end at 254.89.
At the close, 21,288,720 shares were traded in all three markets, up from 13,322,055 stock units on Friday. The value of stocks traded on the Junior and Main markets amounted to $61.34 million, down from $91.5 million on Friday. Trading on the JSE USD market ended with investors exchanging 90,382 shares for US$2,822, down sharply from 183,401 units at US$13,204 on Friday.
In the preference segment, Eppley 7.25% preference share rose $1.30 and ended at $19.95.
The market’s PE ratio, the most popular measure used to determine the value of stocks ended at 19.7 on 2022-23 earnings and 10.8 times those for 2023-24 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, with companies 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 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 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 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 pertaining to the highest bid and the lowest offer for each company.

Filed Under: Feature Stories, JSE Combined, Stock Market Tagged With: 138 Student Living, Daily Trading, Emerging market, Eppley, Jamaica Stock Exchange, Jamaica Stock Exchange Combined Index, Jamaican stocks, JPS, JSE Main Index, junior market, Junior Market index, Net asset Value of Jamaican stocks, One Great Studio, PE Ratio of Jamaican stocks, Productivity Business Solutions, Trading Activity

Sharp jump for Scotia & Pan Jamaica

September 18, 2023 by IC Insider.com

Scotia Group jumped $4, followed by gains of $3.94 in Pan Jamaica Group, $2.35 for Caribbean Cement and $2.29 in Jamaica Producers accompanied by decent gains in the rest of the days’ top performers lifted the Jamaica Stock Exchange Main Market on Monday, but the Junior Market suffered a sizable fall while the JSE USD declined moderately at the close.
At close, the JSE Combined Market Index dropped 803.13 points to close at 329,164.88, the All Jamaican Composite Index rose 1,789.14 points to end trading at 348,217.12, the JSE Main Index gained 1,229.06 points to 315,576.14, the Junior Market Index fell 37.52 points to finish at 3,791.92 and the JSE USD Market Index skidded 0.47 points to end at 254.89.
At close, investors traded 13,322,055 shares in all three markets, up from 8,039,740 stock units on Friday. The value of stocks traded on the Junior and Main markets amounted to $91.5 million, down from $107.9 million on Friday. Trading on the JSE USD market ended with investors exchanging 183,401 shares for US$13,204 from 596,504 units at US$36,632 on Friday.
In the preference segment, Eppley7.25% preference share fell $1.40 and ended at $18.65.
The market’s PE ratio, the most popular measure used to determine the value of stocks ended at 19.8 on 2022-23 earnings and 11 times those for 2023-24 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, with companies grouped by industry, 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 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 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 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 pertaining to the highest bid and the lowest offer for each company.

Filed Under: Feature Stories, JSE Combined, Stock Market Tagged With: Daily Trading, Emerging market, Eppley, Jamaica Stock Exchange, Jamaica Stock Exchange Combined Index, Jamaican stocks, JSE Main Index, junior market, Junior Market index, Net asset Value of Jamaican stocks, PE Ratio of Jamaican stocks, Trading Activity

Main & JSE USD Markets drop Juniors rise

September 15, 2023 by IC Insider.com

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A rise of $11.5o in the price of MPC Caribbean Energy could not withstand falls of three plus dollars declines in Pan Jamaica, Scotia Group and Seprod that helped to sink the Jamaica Stock Exchange Main Market on Friday as the Junior Market made more recovery from the big fall earlier in the week but the JSE USD declined from the record close on Thursday.
At close, the JSE Combined Market Index dropped 1,541.73 points to close at 328,361.75, the All Jamaican Composite Index shed 2,705.34 points to 346,427.98, the JSE Main Index skidded 1,827.78 points to 314,347.08, the Junior Market Index added 17.87 points to close at 3,829.44 while the JSE USD Market Index dipped 3.02 points to finish at 255.36.
At the close, investors traded 8,039,740 shares in all three markets, compared with 8,767,985 stock units on Thursday. The value of stocks traded on the Junior and Main markets ended at $107.9 million, up from just $40 million on Thursday. Trading on the JSE USD market ended with investors exchanging 596,504 shares for US$36,632, up from 246,487 units at US$10,039 on Thursday.
In the preference segment, 138 Student Living preference share rallied $8.50 to end at $93.48.
The market’s PE ratio, the most popular measure used to determine the value of stocks ended at 19.5 on 2022-23 earnings and 11.1 times those for 2023-24 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, with companies 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 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 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 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 pertaining to the highest bid and the lowest offer for each company.

Filed Under: Feature Stories, JSE Combined, Stock Market Tagged With: 138 Student Living, Daily Trading, Emerging market, Jamaica Stock Exchange, Jamaica Stock Exchange Combined Index, Jamaican stocks, JSE Main Index, junior market, Junior Market index, Net asset Value of Jamaican stocks, PE Ratio of Jamaican stocks, Trading Activity

Big jump for Junior and JSE USD Markets

September 14, 2023 by IC Insider.com

The Junior Market climbed appreciably at the close on Thursday with Cargo Handlers and Access Financial climbing by $2 or more, while Grace Kennedy climbed $2.60, but declines in NCB Financial and Kingston Wharves weighted on the Main Market, with trading ended with a big jump in the JSE USD Index.
At the close, the JSE Combined Market Index shed 1,259.01 points to close at 329,392.48, the All Jamaican Composite Index declined 1,390.33 points to close at 349,133.32, the JSE Main Index rose 128.65 points to 316,174.86, the Junior Market Index jumped 42.71 points to 3,811.57, while the JSE USD Market Index popped 13.81 points to finish at 258.38.
At the close, investors traded shares in all three markets, compared with 8,767,985 stock units on Wednesday. The value of stocks traded on the Junior and Main markets ended at just $40 million, down from $40 million on Wednesday. Trading on the JSE USD market rose above that on Wednesday and ended with investors exchanging shares for US$10,039 from 246,487 units at US$10,039 on Wednesday.
In the preference segment, Jamaica Public Service 7% skidded $13 to $42, 138 Student Living preference share lost $15 to end at $84.98 and Productive Business Solutions 10.5 % preference share dipped $180 and ended at $1,020.
The market’s PE ratio, the measure most used to determine the value of stocks ended at 19.8 on 2022-23 earnings and 11.1 times those for 2023-24 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, with companies 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 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 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 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 pertaining to the highest bid and the lowest offer for each company.

Filed Under: Feature Stories, JSE Combined, Stock Market Tagged With: 138 Student Living, Daily Trading, Emerging market, Eppley, Jamaica Stock Exchange, Jamaica Stock Exchange Combined Index, Jamaican stocks, JPS, JSE Main Index, junior market, Junior Market index, Net asset Value of Jamaican stocks, PE Ratio of Jamaican stocks, Productivity Business Solutions, Trading Activity

Guardian & ISP big JSE winners Wednesday

September 13, 2023 by IC Insider.com

Guardian Holdings jumped $28.80 and the Junior Market ISP Finance surged $10.20, while Caribbean Cement recovered $4.84 lost on Tuesday and Barita Investments fell $1.88 and Massy Holdings $1 on a day of low trading and declines in most market indices.
At the close, the JSE Combined Market Index shed 1,259.01 points to end at 329,392.48, the All Jamaican Composite Index shed 107.59 points to close at 350,523.65, the JSE Main Index lost 1,264.18 points to end at 316,046.21, the Junior Market Index slipped 8.68 points to 3,768.86, while the JSE USD Market Index rallied 4.15 points to 244.57.
At the close, a total of 8,767,985 shares were traded in all three markets, compared with 9,714,042 stock units on Tuesday. The value of stocks traded on the Junior and Main markets ended at just $40 million, down from $67.7 million on Tuesday. Trading on the JSE USD market rose above that on Tuesday and ended with investors trading 246,487 shares for US$10,039 from 1,397,026 units at US$71,601 on Tuesday.

The market’s PE ratio, the most popular measure used to determine the value of stocks ended at 19.9 on 2022-23 earnings and 11.1 times those for 2023-24 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, with companies grouped by industry, for easy comparison 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 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 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 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 pertaining to the highest bid and the lowest offer for each company.

Filed Under: Feature Stories, JSE Combined, Stock Market Tagged With: Daily Trading, Emerging market, Jamaica Stock Exchange, Jamaica Stock Exchange Combined Index, Jamaican stocks, JSE Main Index, junior market, Junior Market index, Net asset Value of Jamaican stocks, PE Ratio of Jamaican stocks, Trading Activity

Big fall in prices pressure the JSE on Tuesday

September 12, 2023 by IC Insider.com

Knutsford Express, Barita Investments and Eppley Caribbean Property Fund all gained over $1 in trading on the Jamaica Stock Exchange on Tuesday while there were sharp declines in Caribbean Cement down $4.85, Kingston Wharves, with a fall of $3.16, Jamaica Producers, down $1.35, the Junior Market listed Main Event shed $1.25 and Pan Jamaica fell $1 and helped to pressure the market at the end of trading as the overall market moved sideways on Tuesday with no clear market direction.
At the close, the JSE Combined Market Index shed 470.27 points to close at 330,651.49, the All Jamaican Composite Index dropped 1,710.44 points to finish at 350,631.24, the JSE Main Index skidded 526.78 points to end at 317,310.39, the Junior Market Index popped 2.32 points to 3,777.54, while the JSE USD Market Index dipped 4.28 points to finish at 240.42.
At the close, 9,714,042 shares were traded in all three markets, compared with 13,050,414 stock units on Monday. The value of stocks traded on the Junior and Main markets amounts to $67.7 million, up from $143 million on Monday. Trading on the JSE USD market rose above that on Monday and ended with investors exchanging 1,397,026 shares for US$71,601 from 299,650 units at US$146,763 on Monday.
The market’s PE ratio, the most popular measure used to determine the value of stocks ended at 19.4 on 2022-23 earnings and 11.1 times those for 2023-24 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, with companies 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 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 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 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 pertaining to the highest bid and the lowest offer for each company.

Guardian Holdings drags down JSE

September 11, 2023 by IC Insider.com

Guardian Holdings fell by $34.80 and Massy Holdings by $3 on the Jamaica Stock Exchange on Monday and dragged down the Main Market and the Combined Market Index but the All Jamaican Composite and the USD market Indices rose but the Junior Market fell, following increased trading to start off the week.
Trading closed with the JSE Combined Market Index dropping 2,501.16 points to end at 331,121.76, the All Jamaican Composite Index rose 672.31 points to 352,341.68, the JSE Main Index dived 2,517.03 points to finish at 317,837.17, the Junior Market Index fell 16.66 points to finish at 3,775.22 while the JSE USD Market Index rallied 2.11 points to finish at 244.70.
At the close, investors traded 13,050,414 shares in all three markets, compared with 12,730,155 stock units on Friday. The value of stocks traded on the Junior and Main markets ended at $143 million, up from $73 million on Friday. Trading on the JSE USD market rose above that on Friday and ended with investors exchanging 299,650 shares for US$146,763 from 198,322 units at US$20,612 on Friday.
The market’s PE ratio, the most popular measure used to determine the value of stocks ended at 19.6 on 2022-23 earnings and 11.2 times those for 2023-24 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, with companies 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 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 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 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 pertaining to the highest bid and the lowest offer for each company.

Filed Under: Feature Stories, JSE Combined, Stock Market Tagged With: Daily Trading, Emerging market, Eppley, Jamaica Stock Exchange, Jamaica Stock Exchange Combined Index, Jamaican stocks, JSE Main Index, junior market, Junior Market index, Net asset Value of Jamaican stocks, PE Ratio of Jamaican stocks, Trading Activity

Mixed close for Jamaica Stock Exchange

September 8, 2023 by IC Insider.com

Trading on the Jamaica Stock Exchange dropped below Thursday’s level at the close on Friday and led to mixed results in the various market indices, with the volume and value of stocks traded dipped below that on Thursday, with shares of just 37 companies trading in the Junior Market.
At the close, the JSE Combined Market Index popped 1,615.58 points to end trading at 333,622.92, the All Jamaican Composite Index shed 490.45 points to finish at 351,669.37, the JSE Main Index gained 1,820.33 points to settle at 320,354.20, following gains in Guardian Holdings’ shares, the Junior Market Index shed 9.06 points to conclude trading at 3,791.88, while the JSE USD Market Index rallied 1.43 points to finish at 242.59.
Trading of Preference shares ended, with gains in the price of Eppley 7.25% preference share of $1.39 to $20, Jamaica Public Service 9.5%gaining $109.99 in closing at $3,099.99 and Productive Business Solutions 10.5% preference share falling $135 to close at $1,200.
At the close, investors traded 12,730,155 shares in all three markets, down from 15,640,731 stocks on Thursday. The value of stocks traded on the Junior and Main markets ended at $73 million, down from $95.7 million on Thursday. Trading on the JSE USD market rose above Thursday and ended with investors exchanging 198,322 shares for US$20,612 from 110,725 units at US$10,600 on Thursday.
The market’s PE ratio, the most popular measure used to determine the value of stocks ended at 16.7 on 2022-23 earnings and 11.3 times those for 2023-24 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, with companies 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 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 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 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 pertaining to the highest bid and the lowest offer for each company.

Filed Under: Feature Stories, JSE Combined, Stock Market Tagged With: 138 Student Living, Daily Trading, Emerging market, Eppley, Jamaica Stock Exchange, Jamaica Stock Exchange Combined Index, Jamaican stocks, JPS, JSE Main Index, junior market, Junior Market index, Net asset Value of Jamaican stocks, PE Ratio of Jamaican stocks, Productivity Business Solutions, Trading Activity

Mild movements in JSE Markets

September 7, 2023 by IC Insider.com

The Junior and the JSE USD markets recorded modest gains at the close of trading on Thursday but the Main Market slipped, with the volume of stocks traded falling but with a higher value than on Wednesday.
At the close, the JSE Combined Market Index shed 517.56 points to end at 332,007.34, the All Jamaican Composite Index dropped 1,632.39 points to end at 352,159.82, the JSE Main Index skidded 707.07 points to 318,533.87, the Junior Market Index popped 16.62 points to 3,800.94, while the JSE USD Market Index rallied 1.60 points to 240.93.
Trading of Preference shares ended, with Jamaica Public Service 7% jumping $14 to $55.
Investors traded 15,640,731 shares in all three markets, versus 17,990,028 stocks on Tuesday. The value of stocks traded on the Junior and Main markets ended at $95.7 million, up from $80.25 million on Wednesday. Trading on the JSE USD market rose above that on Wednesday and ended with investors exchanging 110,725 shares for US$10,600 from 1,090,681 units at US$25,542 on Wednesday.
The market’s PE ratio, the most popular measure used to determine the value of stocks ended at 16.6 on 2022-23 earnings and 11.1 times those for 2023-24 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange and shows companies 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 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 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 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 pertaining to the highest bid and the lowest offer for each company.