Emerging market — Page 82

Gains for all JSE markets

January 15, 2025 by IC Insider.com

Trading closed Wednesday on the Jamaica Stock Exchange with a rise in the volume and the value of stocks exchanged than on Tuesday, as Jamaica Stock Exchange and Carreras dominated the volume of stocks traded, with trading ending with all markets rising, following gains in the prices of 39 shares, declines in 41 and 33 remaining firm

At the close of the market, the JSE Combined Market Index climbed 2,385.05 points to wrap up trading at 344,059.40, while the All Jamaican Composite Index popped 3,085.68 points to 383,680.98, the JSE Main Index jumped 2,484.38 points in ending trading at 332,224.19, the Junior Market Index eked out a misery gain to remain in positive territory with a rise of just 1.29 points to 3,676.17 and the JSE USD Market Index rose 4.12 points to 239.48.
At the close of trading, 17,532,335 shares were exchanged in all three markets, up from 12,626,085 units on Tuesday, with the value of stocks traded on the Junior and Main markets amounted to $175.73 million, up from $59.66 million on the previous day and the JSE USD market closed with an exchange of 153,983 shares for US$11,863 compared to 133,100 units at US$8,966 on Tuesday.
In Main Market activity, Jamaica Stock Exchange led with 5.03 million shares followed by Carreras with 4.01 million stocks and Transjamaican Highway with 1.43 million units.
In Junior Market trading, ONE on ONE Educational led with 695,833 shares followed by Everything Fresh with 509,716 stocks and Kintyre Holdings with 219,010 units.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13.7 on 2024-25 earnings and 20 based on 2023-24 historical earnings. The ICInsider.com PE ratio chart and the other more detailed daily charts provide investors with regularly updated information to help decision-making. The PE ratio chart covers all ordinary shares listed on the Jamaica Stock Exchange, grouped by industry, and thus allows for easy comparisons within a sector and the overall market. The earnings per share (EPS) and PE ratios are based on 2024 and 2025 actual or projected earnings, excluding any major one time income or expense.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The chart should be used in making rational decisions when investing in stocks close to the sector average, 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.

Filed Under: Feature Stories, JSE Combined, Stock Market Tagged With: 138 Student Living, Caribbean Cement, Daily Trading, Emerging market, Eppley, Jamaica Producers, Jamaica Stock Exchange, Jamaica Stock Exchange Combined Index, Jamaican stocks, JPS, JSE Main Index, junior market, Junior Market index, NCB Financial, Net asset Value of Jamaican stocks, Omni Industries, Pan Jamaica, PE Ratio of Jamaican stocks, RA Williams, Scotia Group, Seprod, Trading Activity, Transjamaican Highway, Wigton Windfarm

Cautious trading on Jamaica Stock Exchange

January 14, 2025 by IC Insider.com

Trading closed Tuesday on the Jamaica Stock Exchange with a fall in the volume of exchanged stocks, with a much lower value than on Monday, resulting in another day of declines in the Main Market major indices, the Junior Market index and the JSE USD Market closed higher. At the end of trading the prices of 41 shares rose, 49 declined and 25 remained firm.

At the close of the market, the JSE Combined Market Index dropped 1,204.61 points to wrap up trading at 341,674.35, the All Jamaican Composite Index declined 2,080.97 points to 380,595.30, the JSE Main Index lost 1,376.79 points to finish trading at 329,739.81, the Junior Market Index climbed 15.63 points to close at 3,674.88 and the JSE USD Market Index rose 2.29 points to end at 235.36.
At the close of trading, 12,626,085 shares were exchanged in all three markets, down from 17,397,476 units on Monday, with the value of stocks traded on the Junior and Main markets amounted to $59.66 million, down from $121.33 million on the previous day and the JSE USD market closed with an exchange of 133,100 shares for US$8,966 compared to 1,016,484 units at US$33,512 on Monday.
In Main Market activity, Carreras led with 2.27 million shares followed by Wigton Energy with 2.19 million stocks and Transjamaican Highway with 1.01 million units.
In Junior Market trading, Omni Industries led with 1.04 million shares followed by Derrimon Trading with 804,617 stocks and Kintyre Holdings with 800,712 units.
In the preference segment, Jamaica Public Service 9.5% sank $6 to end at $2,690 and 138 Student Living preference share climbed $21.25 to $247.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13.8 on 2024-25 earnings and 20.2 based on 2023-24 historical earnings. The ICInsider.com PE ratio chart and the other more detailed daily charts provide investors with regularly updated information to help decision-making. The PE ratio chart covers all ordinary shares listed on the Jamaica Stock Exchange and grouped by industry, helping to facilitate easy comparisons within a sector and the overall market. The earnings per share (EPS) and PE ratios are based on 2024 and 2025 actual or projected earnings, excluding any major one time income or expense.

Pertinent information is required to navigate numerous investment options successfully in the stock market. The chart should be used in making rational decisions when investing in stocks close to the sector average, 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.

Trading jumped on Jamaica Stocks Exchange

January 13, 2025 by IC Insider.com

Trading closed Monday on the Jamaica Stock Exchange with a rise in the volume of stocks changing hands, with a greater value than on Friday, resulting in a big decline in Main Market indices and the Junior Market index declining with the JSE USD Market rising. At the end of trading the prices of 30 shares rose, 58 declined and 29 remained firm.

At the close of the market, the JSE Combined Market Index dropped 2,769.39 points to 342,878.96, the All Jamaican Composite Index dipped 2,510.01 points to settle at 382,676.27, the JSE Main Index lost 2,603.40 points to wrap up trading at 331,116.60, the Junior Market Index shed 39.03 points to 3,659.25 and the JSE USD Market Index inched 0.12 points higher to 233.07.
At the close of trading, 17,397,476 shares were exchanged in all three markets, up from 13,821,859 units on Friday, with the value of stocks traded on the Junior and Main markets amounting to $121.33 million, up from just $72.77 million on the previous trading day and the JSE USD market closed with an exchange of 1,016,484 shares for US$33,512 up from 295,634 units at US$24,284 on Friday.
In Main Market activity, Carreras led trading with 5.21 million shares followed by Wigton Energy with 2.60 million stocks and Transjamaican Highway with 2.19 million units.
In Junior Market trading, EduFocal led with 757,417 shares followed by Dolla Financial with 522,272 stocks and Fosrich with 315,778 units.
In the preference segment, Eppley 7.75% preference share increased $3 in closing at $22, Jamaica Public Service 7% climbed $2.45 to $44, 138 Student Living preference share sank $38.89 to finish at $225 and Productive Business Solutions 10.5% preference share skidded $75 and ended at $995.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13.7 on 2024-25 earnings and 20 based on 2023-24 historical earnings. The ICInsider.com PE ratio chart and the other more detailed daily charts provide investors with regularly updated information to help decision-making. The PE ratio chart covers all ordinary shares that are listed on the Jamaica Stock Exchange and grouped by industry, allowing for easy comparisons within a sector and the overall market. The earnings per share (EPS) and PE ratios are based on 2024 and 2025 actual or projected earnings, excluding any major one time income or expense.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The chart should be used in making rational decisions when investing in stocks close to the sector average 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 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.

Gains for Main & Junior markets, USD falters

January 10, 2025 by IC Insider.com

Trading closed Friday on the Jamaica Stock Exchange with the volume and value of stocks exchanged, lower than on Thursday, resulting in the Main Market major indices and the Junior Market index rising and the JSE USD Market falling. At the end of trading the prices of 38 shares rose, 44 declined and 22 remained firm.

At the close of the market, the JSE Combined Market Index increased 1,749.51 points to wrap up trading at 345,648.35, the All Jamaican Composite Index increased by 2,396.34 points to finish at 385,186.28, the JSE Main Index gained 1,694.68 points to 333,720.00, the Junior Market Index rallied 17.98 points to end at 3,698.28 and the JSE USD Market Index dipped 1.85 points to 232.95.
At the close of the market a total of 13,821,859 shares were exchanged in all three markets, down from 107,270,423 units on Thursday, with the value of stocks traded on the Junior and Main markets amounted to $72.77 million, down sharply from $427.02 million on the previous day and the JSE USD market closed with an exchange of 295,634 shares for US$24,284 a steep fall from 590,745 units at US$30,825 on Thursday.
In Main Market activity, Wigton Energy led with 2.01 million shares followed by Transjamaican Highway with 1.44 million stocks and Sagicor Select Financial Fund with 1.01 million units.
In Junior Market trading, Everything Fresh led with 1.11 million shares followed by Kintyre Holdings with 781,787 stocks and One Great Studio with 436,178 units.
In the preference segment, Jamaica Public Service 7% declined $1.50 in closing at $41.50, Jamaica Public Service 9.5% climbed $265 to $2,696 and 138 Student Living preference share increased $9.14 to finish at $264.14.
The market’s PE ratio, the most popular measure used to value stocks, ended at 14 on 2024 earnings and 20.6 based on 2023-23 historical earnings. The ICInsider.com PE ratio chart and the other more detailed daily charts provide investors with regularly updated information to help decision-making. The PE ratio chart covers all ordinary shares listed on the Jamaica Stock Exchange, grouped by industry and allowing for easy comparisons within a sector and the overall market. The earnings per share (EPS) and PE ratios are based on 2024 and 2025 actual or projected earnings, excluding any major one time income or expense.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The chart should be used in making rational decisions when investing in stocks close to the sector average, 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

Big Junior Market trades pump up JSE trading

January 9, 2025 by IC Insider.com

Trading ended on Thursday on the Jamaica Stock Exchange with a sharp surge in the volume of stocks exchanged, with a much greater value than on Wednesday, resulting in Main Market major indices declining, the Junior Market index rising and the JSE USD Market just inching higher. At the close of trading the prices of 35 shares rose, 60 declined and 18 remained firm.

At the close of the market, the JSE Combined Market Index dipped 703.68 points to 343,898.84, the All Jamaican Composite Index sank 109.32 points to 382,789.94, the JSE Main Index fell 742.17 points to conclude trading at 332,025.32, the Junior Market Index advanced a mere 0.85 points to 3,680.30 and the JSE USD Market Index inched 0.11 points higher to 234.80.
At the close of trading, 107,270,423 shares were exchanged in all three markets, up from just 20,111,457 units on Wednesday, with the value of stocks traded on the Junior and Main markets amounted to $427.02 million, up considerably from the $105.16 million on the previous day. The JSE USD market closed with an exchange of 590,745 shares for US$30,825 compared to 328,177 units at US$25,278 on Wednesday.
In Main Market activity, Palace Amusement led with 10.40 million shares followed by Jamaica Producers with 4.15 million stocks and Victoria Mutual Investments with 2.71 million units.
In Junior Market trading, Paramount Trading led with 21.68 million shares followed by Jetcon Corporation with 18.0 million stocks and Future Energy with 17.37 million units.
In the preference segment, Jamaica Public Service 9.5% preferred share shed $264 to finish at $2,431 and Productive Business Solutions 10.5% preference share declined $48 and ended at $1,070.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13.8 based on 2025-26 earnings and 20.3 based on 2024-25 historical earnings. The ICInsider.com PE ratio chart and other 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 earnings per share (EPS) and PE ratios are based on 2024 and 2025 actual or projected earnings, excluding any major one time income or expense.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The chart should be used in making rational decisions when investing in stocks close to the sector average, 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.

Fall for JSE Main & Junior markets

January 8, 2025 by IC Insider.com

Trading on the Jamaica Stock Exchange ended Wednesday with a fall in the volume of stocks that were exchanged, with a greater value than on Tuesday, resulting in Main Market major indices falling, the Junior Market index declining and the JSE USD Market climbing. At the close of trading, prices of 42 shares rose, 40 declined and 29 remained firm.

At the close of the market, the JSE Combined Market Index declined by 1,050.61 points to 344,602.52, while the All Jamaican Composite Index dropped 1,392.44 points to 382,899.26, the JSE Main Index fell 1,037.13 points to 332,767.49, the Junior Market Index lost 8.21 points to close at 3,679.45 and the JSE USD Market Index advanced 1.67 points to finish at 234.69.
At the close of trading, 20,111,457 shares were exchanged in all three markets, down from 31,527,790 units on Tuesday, with the value of stocks traded on the Junior and Main markets amounted to $105.16 million, which is up from the $90.86 million on the previous day and the JSE USD market closed with an exchange of 328,177 shares for US$25,278 compared to 430,771 units at US$49,241 on Tuesday.
In Main Market activity, Transjamaican Highway led trading with 3.77 million shares followed by Wigton Energy with 1.61 million stocks and Massy Holdings with 501,936 units.
In Junior Market trading, Lasco Financial led with 5.16 million shares followed by Future Energy with 3.74 million stocks and EduFocal with 452,639 units.
In the preference segment, Jamaica Public Service 7% skidded $1.95 to close at $42 and 138 Student Living preference share gained $29.75 to $255.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13.8 on 2025-26 earnings and 20.7 based on 2024-25 historical earnings. The ICInsider.com PE ratio chart and other more detailed daily charts provide investors with regularly updated information to help decision-making. The PE ratio chart covers all ordinary shares listed on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons within a sector and the overall market. The earnings per share (EPS) and PE ratios are based on 2024 and 2025 actual or projected earnings, excluding any major one time income or expense.

Filed Under: 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

Main Market rises, Junior Market falls

January 7, 2025 by IC Insider.com

Trading on Tuesday ended on the Jamaica Stock Exchange with a rise in the volume of stocks exchanged, carrying a lower value than on Monday, resulting in the Main Market major indices rising, with the Junior Market and the JSE USD Market indices declining. At the close of trading the prices of 32 shares rose, 55 declined and 30 remained firm.

At the close of the market, the JSE Combined Market Index gained 655.63 points to wrap up trading at 345,653.13, the All Jamaican Composite Index rose 1,216.87 points to close at 384,291.70, while the JSE Main Index increased 893.50 points to 333,804.62, the Junior Market Index slipped 27.73 points to close at 3,687.66 and the JSE USD Market Index fell 2.68 points to settle at 233.02.
At the close of the market, 31,527,790 shares were traded in all three markets, up from 21,622,359units on Monday, with the value of stocks traded on the Junior and Main markets amounted to $90.86 million, down from the $124.47 million on the previous day and the JSE USD market closed with an exchange of 430,771 shares for US$49,241 compared to 172,833 units at US$26,689 on Monday.
In Main Market activity, Wigton Energy led with 14.10 million shares followed by Transjamaican Highway with 5.20 million stocks and Sagicor Select Manufacturing & Distribution Fund with 1.67 million units.
In Junior Market trading, Lasco Financial led with 1.59 million shares followed by EduFocal with 747,303 stocks and Fosrich with 635,978 units.
In the preference segment, Eppley 7.75% preference share skidded $3.37 to $19 and 138 Student Living preferred share fell $2.75 to $225.25.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13.8 on 2025-26 earnings and 20.3 based on 2024-25 historical earnings. The ICInsider.com PE ratio chart and other 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 earnings per share (EPS) and PE ratios are based on 2024 and 2025 actual or projected earnings, excluding any major time income or expenses.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The chart should be used in making rational decisions when investing in stocks close to the sector average, 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.

Falling stocks hit Jamaica Stock Exchange hard on Monday

January 6, 2025 by IC Insider.com

Falling stocks overwhelmed those rising on the Main Market of the Jamaica Stock Exchange on Monday pushing the major market indices sharply lower, the Junior Market index slipped a few points and the JSE USD Market inched moderately higher. At the close prices of 39 shares rose, 57 declined and 23 remained firm.

At the close of the market, the JSE Combined Market Index dropped 3,738.74 points to close at 344,997.50, the All Jamaican Composite Index sank 5,392.63 points to wrap up trading at 383,074.83, the JSE Main Index dived 3,890.22 points to settle at 332,911.12, the Junior Market Index lost 2.59 points to close at 3,715.39 and the JSE USD Market Index advanced 1.10 points to wrap-up trading at 235.70.

Trading resulted in 20,727,359 shares being exchanged in all three markets, down from 29,818,627 units on Friday, with the value of stocks traded on the Junior and Main markets amounting to $91.14 million, down from the $117.06 million on the previous day and the JSE USD market closed with an exchange of 172,833 shares for US$26,689 down sharply from 2,139,002 units at US$61,591 on Friday.
In Main Market activity, Transjamaican Highway led with 4.82 million shares followed by Wigton Energy with 1.95 million stocks and Sagicor Select Financial Fund with 1.27 million units.
In Junior Market trading, Lasco Financial led with 1.58 million shares followed by Everything Fresh with 1.42 million stocks and Kintyre Holdings with 1.16 million units.
In the preference segment, Jamaica Public Service 7% preferred share popped $3.40 in closing at $43.95.
The market’s PE ratio, the most popular measure used to value stocks, ended at 14.5 based on 2024-25 projected earnings and 20.7 based on 2023-24 historical earnings. The ICInsider.com PE ratio chart and other 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 earnings per share (EPS) and PE ratios are based on 2024 and 2024 actual or projected earnings, excluding major one time income or expense.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The chart should be used in making rational decisions when investing in stocks close to the sector average, 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 to assess 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.

JSE Main Market only winner on Friday

January 3, 2025 by IC Insider.com

Trading ended Friday on the Jamaica Stock Exchange, following a rise in the volume of stocks exchanged with a value that is more than on Thursday, resulting in the Main Market major indices rising, as the Junior Market index and the JSE USD Market fell. At the close of trading the prices of 34 shares rose, 47 declined and 33 remained firm.

At the close of the market, the JSE Combined Market Index increased 468.01 points to 348,736.24, the All Jamaican Composite Index rallied 1,538.96 points to close trading at 388,467.46, the JSE Main Index rose 674.92 points to 336,801.34, the Junior Market Index lost 24.74 points to end the day at 3,717.98, and the JSE USD Market Index dropped 17.72 points to settle at 234.60, with Carreras aiding the movement in the Main market in closing ay a 52 weeks’ high of $14.48.
At the close of trading, 29,818,627 shares were exchanged in all three markets, up from 19,501,677 units on Thursday, with the value of stocks traded on the Junior and Main markets amounted to $117.06 million, much more than the $68.29 million on the previous day and the JSE USD market closed with an exchange of 2,139,002 shares for US$61,591 up from just 59,603 units at US$7,997 on Thursday.
In Main Market activity, Transjamaican Highway led trading with 13.10 million stocks followed by QWI Investments with 1.39 million shares and Wigton Energy with 1.38 million units.
In Junior Market trading, Express Catering led with 5.0 million stocks followed by Dolla Financial with 1.13 million shares and AMG Packaging with 270,978 units.
In the preference segment, Jamaica Public Service 7% gained $5.55 to $40.55, Jamaica Public Service 9.5% rose $45 to close at $2,695, 138 Student Living preference share climbed $33 and ended at $228, Sygnus Credit Investments C10.5% increased $3.62 to end at $105.
The market’s PE ratio, the most popular measure used to value stocks, ended at 14.1 based on 2024-25 projected earnings and 20.7 based on 2023-4 historical earnings. The ICInsider.com PE ratio chart and other more detailed daily charts provide investors with regularly updated information to help in 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 earnings per share (EPS) and PE ratios are based on 2024 and 2024 actual or projected earnings, excluding major one time income or expense.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The chart should be used in making rational decisions when investing in stocks close to the sector average, 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 to assess 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.

Filed Under: Feature Stories, JSE Combined, Stock Market Tagged With: 138 Student Living, Caribbean Cement, Daily Trading, Emerging market, Eppley, Jamaica Producers, Jamaica Stock Exchange, Jamaica Stock Exchange Combined Index, Jamaican stocks, JPS, JSE Main Index, junior market, Junior Market index, NCB Financial, Net asset Value of Jamaican stocks, Omni Industries, Pan Jamaica, PE Ratio of Jamaican stocks, Productive Business Solutions, RA Williams, Scotia Group, Seprod, Trading Activity, Transjamaican Highway, Wigton Windfarm

Jamaican stocks creep quietly into New Year

January 2, 2025 by IC Insider.com

The Jamaica Stock Exchange opened trading in the New Year with gains in the major indices and closed with the Main Market JSE Index, Junior Market and the USD market finishing above the 2024 close and the All Jamaican Composite Index lost ground to start the new year lower. At the close of trading the prices of 46 shares rose, 53 declined and 17 remained firm.

The market ended with the JSE Combined Market Index rising 372.01 points to close trading at 348,268.23, the All Jamaican Composite Index fell 1,301.49 points to close at 386,928.50, the JSE Main Index increased 331.48 points to end the day at 336,126.42, the Junior Market Index managed to close just 7.67 points higher at 3,742.72 and the JSE USD Market Index rose 0.44 points to conclude trading at 252.32.
At the close of trading, 19,501,677 shares were exchanged in all three markets, down sharply from 80,752,276 units on Tuesday, with the value of stocks traded on the Junior and Main markets amounting to $68.29 million, well below the $355.98 million on the previous trading day. The JSE USD market closed with an exchange of just 59,603 shares for US$7,997 compared to 926,638 units at US$32,454 on Tuesday.
In Main Market activity, Wigton Energy led trading with 3.85 million stocks followed by Transjamaican Highway with 3.50 million shares and Pulse Investments with 571,191 units.
In Junior Market trading, One Great Studio led with 1.13 million stocks followed by Lasco Financial with 1.12 million shares and Derrimon Trading with 1.11 million units.
In the preference segment, Jamaica Public Service 7% declined $8.95 to end at $3 , Productive Business Solutions 10.5% preference share shed $2 to $1118 and Sygnus Credit Investments C10.5% lost $3.62 and ended at $101.38.
The market’s PE ratio, the most popular measure used to value stocks, ended at 14.2 based on 2024-25 projected earnings and 20.8 based on 2023-24 historical earnings. The ICInsider.com PE ratio chart and other 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 earnings per share (EPS) and PE ratios are based on 2024 and 2024 actual or projected earnings, excluding major one time income or expense.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The chart should be used in making rational decisions when investing in stocks close to the sector average, 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 to assess 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.