Stocks gained 5 percent in value on the Jamaica Stock Exchange US dollar market on Thursday, in closing out October positively and pushing the market into a 2.2 percent rise for the year to date, with trading resulting a 145 percent rise in the volume of stocks traded accompanied by a 31 percent jump in value compared to Wednesday, following an exchange of six securities, compared with seven on Wednesday with prices of four rising, one declining and one ending unchanged.
The market closed with an exchange of 555,546 shares for US$14,136 up from 227,093 stocks at US$10,758 on Wednesday.
Trading averaged 92,591 shares at US$2,356 compared to 32,442 stocks at US$1,537 on Wednesday, with a month to date average of 426,617 units at US$11,189 compared with 441,916 shares at US$11,594 on the previous day and September that ended with an average of 161,382 units for US$5,462.
The US Denominated Equities Index climbed 11.11 points to end the day at 236.18. The Investor’s Choice bid-offer indicator shows no stock ending with a bid higher than the last selling price and four with lower offers.
The PE Ratio, one of the best known measures used to determine appropriate stock values, averages 7.2. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2025.
At the close of trading, AS Bryden rallied 1 cent to close at 25 US cents with traders dealing in 2,712 stocks, Margaritaville rose 0.99 of one cent to 8.99 US cents one unit changing hands, Proven Investments sank 0.5 of one cent to end at 11.5 US cents with a transfer of 12,368 shares. Sygnus Credit Investments advanced 0.4 of a cent in closing at 6.9 US cents with 319 stock units crossing the market, Sygnus Real Estate Finance USD share ended at 5 US cents with an exchange of 4,000 shares and Transjamaican Highway popped 0.23 of one cent to finish at 2.26 US cents after trading of 536,146 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the close of trading the JSE Combined Market Index rose 2,404.81 points to 328,557.09, the All Jamaican Composite Index gained 3,211.53 points to conclude trading at 363,734.82, the JSE Main Index climbed 2,216.56 points to 314,993.25, the Junior Market Index is up 39.75 points to end the day at 3,811.88 and the JSE USD Market Index popped 11.11 points to close at 236.18.
In the preference segment, 138 Student Living preference share popped $38 to $250 with traders dealing in 242 units.
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.
At the close of trading the JSE Combined Market Index dropped 1,451.15 points to 326,152.28, the All Jamaican Composite Index sank 1,773.41 points to 360,523.29, the JSE Main Index dived 1,652.50 points to settle at 312,776.69, the Junior Market Index popped 17.95 points to settle at 3,772.13, and the JSE USD Market Index shed 2.42 points to close at 225.07.
The market’s PE ratio, the most popular measure used in valuing stocks, ended at 13.1 for 2024-25 and 21.1 for 2023-24 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 on the Jamaica Stock Exchange, grouped on an industry basis, allowing for easy comparisons within a sector and the overall market. The earnings per share (EPS) and PE ratios are based on 2023 and 2024 actual or projected earnings, excluding any major time income or expenses.
The market closed with an exchange of 227,093 shares for US$10,758 compared with 148,501 stocks at US$5,489 on Tuesday. Trading averaged 32,442 shares at US$1,537 compared to 24,750 stocks at US$915 on Tuesday, with a month to date average of 441,916 units at US$11,594 less than 465,032 stocks at US$12,161 on the prior day and September with an average of 161,382 stock units at US$5,462. The US Denominated Equities Index sank 2.42 points to settle at 225.07. The Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and two with lower offers. The PE Ratio, one of the best known measures used to determine appropriate stock values, averages seven. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2025.
Proven Investments ended at 12 US cents as investors exchanged 60,640 stock units. Sterling Investments skidded 0.07 of one cent to close at 1.42 US cents in switching ownership of 1,000 units, Sygnus Credit Investments rallied 0.3 of a cent and ended at 6.5 US cents after the trading of 7,595 shares, Sygnus Real Estate Finance USD share remained at 5 US cents with a transfer of 5,500 units and Transjamaican Highway fell 0.11 of one cent to 2.03 US cents with 151,903 stocks crossing the market.
The market closed with an exchange of 148,501 shares for US$5,489, up from 65,465 stock units at US$1,775 on Monday.
Sterling Investments ended at 1.49 US cents and closed with 5,000 stocks changing hands. Sygnus Real Estate Finance USD share dropped 1 cent to close at a 52 weeks’ low of 5 US cents in switching ownership of 1,748 units and Transjamaican Highway shed 0.01 of one cent to end at 2.14 US cents as investors exchanged 123,867 stocks.In the preference segment, Sygnus Credit Investments US 8% ended at US$10.30 after trading of 59 units.
At the close of trading the JSE Combined Market Index jumped 3,661.36 points to 327,603.43, the All Jamaican Composite Index rallied 3,524.53 points to wrap up trading at 362,296.70, as the JSE Main Index jumped 3,581.63 points to 314,429.19, the Junior Market Index gained 32.97 points to 3,754.18, and the JSE USD Market Index rallied 3.80 points to wrap-up trading at 227.49.
In the preference segment, Jamaica Public Service 7% skidded 98 cents to finish at $45.
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.
At the close of trading the JSE Combined Market Index rose 3,011.68 points to 323,942.07, the All Jamaican Composite Index rallied 3,750.99 points to 358,772.17, as the JSE Main Index popped 2,888.42 points to close at 310,847.56, the Junior Market Index popped 34.80 points to 3,721.21 and the JSE USD Market Index fell 2.76 points to 223.69.
In Junior Market trading, JFP Ltd led trading with 8.02 million stocks followed by Derrimon Trading with 2.18 million shares and Jamaican Teas with 1.01 million units.
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.
MPC Caribbean Clean Energy popped 5.99 cents to 70.99 US cents with 10 stocks clearing the market, Proven Investments sank 2.2 cents to end at 9.8 US cents in trading 2,000 shares. Sygnus Credit Investments fell 0.5 of one cent in closing at 6.2 US cents with 4,000 stocks crossing the exchange and Transjamaican Highway increased 0.01 of one cent to finish at 2.15 US cents with investors trading 55,452 shares.
rket Index rallied 534.09 points to wrap up trading at 320,930.39, while the All Jamaican Composite Index fell 1,387.15 points to close at 355,021.18, the JSE Main Index climbed 619.24 points to settle at 307,959.14, the Junior Market Index shed 8.07 points to conclude trading at 3,686.41 and the JSE USD Market Index popped 0.86 points higher to end at 226.45.
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 time income or expense.
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.
At the close of trading the JSE Combined Market Index skidded 3,863.06 points to 320,396.3, the All Jamaican Composite Index rose 115.21 points to 356,408.33 but the JSE Main Index fell 4,183.75 points to end the day at 307,339.9, the Junior Market Index added 19.09 points to finish at 3,694.48 and the JSE USD Market Index rose 2.71 points to conclude trading at 225.59.
In Junior Market trading, Stationery and Office Supplies led trading with 1.01 million stocks followed by Omni Industries with 430,226 shares and One Great Studio with 327,803 units.
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.