Trading picked up sharply on the Jamaica Stock Exchange on Wednesday as the volume and value of stocks traded in the Main Market jumped well over that on Tuesday as the Junior Market trading levels held close to Tuesday outturn as the JSE USD market trading levels rose as the market ended with mixed changes in the indices.
At the close of trading, the JSE Combined Market Index climbed 377.37 points to end at 335,755.48, the All Jamaican Composite Index shed 446.67 points to close at 358,938.90, the JSE Main Index advanced 237.24 points to end at 323,070.15. The Junior Market Index rose 17.68 points to 3,741.40 and the JSE USD Market Index slipped 1.17 points to end the day at 242.33.
At the close of trading, 26,660,691 shares were exchanged in all three markets, up from 19,941,630 units on Tuesday, with the value of stocks traded on the Junior and Main markets amounted to $194.59 million, up from $83.9 million on Tuesday and the JSE USD market closed with an exchange of 664,963 shares for US$18,341 compared to 508,298 units at US$11,596 on Tuesday.
Main Market trading was dominated by Jamaica Producers led trading with 3.96 million shares followed by Jamaica Stock Exchange with 3.72 million units, Transjamaican Highway with 2.66 million stock units, JMMB 9.5% preference share with 1.59 million shares, Wigton Windfarm with 1.38 million units and Carreras with 1.18 million stocks.
In the Junior Market, Express Catering led trading with 2.12 million shares followed by EduFocal with 2.04 million units and iCreate with 971,348 units.
At the close of the market, some of the major Main Market stocks that rose are Guardian Holdings climbed $18.49 and ended at $369, Jamaica Broilers popped $1 to end at $33.50, Jamaica Producers rallied $3.50 to close at $26 and Sagicor Group gained 99 cents to end at $42.99.
The major declining Main Market stocks include AS Bryden shed $3 to end at $42, Caribbean Cement skidded $4.74 to close at $51.26, NCB Financial declined $1 to end at $66 and Seprod which fell $3.17 in closing at $83.
Major price movement in the Junior Market, with gains are AMG Packaging popped 76 cents and ended at $3.18, Iron Rock Insurance gained 44 cents to close at $2.51, ISP Finance rose $1.19 and ended at $22.64 with the major losing stock being Knutsford Express declining $1.38 to end at $11.
In the preference segment, no stock traded with a notable price change.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 20.3 on 2022-23 earnings and 13.6 times those for 2023-24 at the close of trading. ICInsider.com PE ratio chart and the 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 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 navigate numerous investment options successfully in the 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 quickly assess the value of stocks based on this measure. 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.
All JSE Markets rise
The Jamaica Stock Exchange recorded gains in all three markets on Tuesday in trading on Monday as trading ended with a decline in the number exchanged, with the value traded rising over that on Monday
At the close of trading, the JSE Combined Market Index popped 178.57 points to 335,378.11, the All Jamaican Composite Index gained 2,400.43 points to wrap-up trading at 359,385.57, the JSE Main Index rose 1,467.74 points to finish at 322,832.91. The Junior Market Index rallied 11.23 points to finish at 3,723.72 and the JSE USD Market Index increased 5.74 points to end at 243.50.
At the close of trading, 19,941,630 shares were exchanged in all three markets, down from 25,106,007 units on Monday, with the value of stocks traded on the Junior and Main markets amounted to $83.9 million, up from $52.25 million on Tuesday and the JSE USD market closed with an exchange of 508,298 shares for US$11,596 compared to 501,713 units at US$12,814 on Monday.
Main Market trading was dominated by Transjamaican Highway with 4.42 million shares followed by Wigton Windfarm with 706,792 units and Sagicor Real Estate Fund with 402,277 units.
In the Junior Market, Fosrich led trading with 2.86 million shares followed by MFS Capital Partners with 2.06 million units, One Great Studio closed with 1.24 million units, iCreate ended with 1.14 million stocks, Tropical Battery with 1.12 million shares and EduFocal with 1.02 million units.
At the close of the market, some of the major Main Market stocks that rose are First Rock Real Estate climbed $1 to $8, Scotia Group advanced $2.47 to end at $41.50, Mayberry Group rose 86 cents to close at $8.41 and Stanley Motta popped 88 cents in closing at $6.15.
The major declining Main Market stocks include General Accident dipped 65 cents in closing at $4.70, GraceKennedy fell 95 cents to close at $77.05, Jamaica Broilers dropped $1.02 to close trading at $32.50, Margaritaville lost $2.58 to $15, Massy Holdings declined $1 to end at $88.
On a day of limited price movement in the Junior Market, the major stocks with gains are Access Financial climbed $2.17 to close at $22.68, Knutsford Express gained 38 cents to $12.38 and Main Event advanced 60 cents to close at $14.80, with the major losing stocks being AMG Packaging skidded 63 cents to $2.42 and Cargo Handlers that sank 92 cents to end at $13.08.
In the preference segment, 138 Student Living preference share rallied $36.45 and ended at $167.27.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 20.7 on 2022-23 earnings and 13.7 times those for 2023-24 at the close of trading. ICInsider.com PE ratio chart and the 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 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 navigate numerous investment options successfully in the 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 quickly assess the value of stocks based on this measure. 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.
Main Market back to winning as other slip
The Main Market of the Jamaica Stock Exchange gained in trading on Friday as the Junior Market JSE USD market slipped moderately as trading ended with the number exchanged fell, with the value traded jumping sharply over that on Thursday, with GraceKennedy accounting for $257.57 million worth of stock traded, with trading ended with 29 ordinary shares rising and 35 declining, with AS Bryden closing at a record high of $45 to be up 100 percent since listing in late 2023.
At the close of trading on Friday, the JSE Combined Market Index climbed 2,814.34 points to close at 335,199.54, the All Jamaican Composite Index jumped 3,718.84 points to 359,839.19, the JSE Main Index rallied 3,015.95 points to close trading at 322,238.80. The Junior Market Index lost 1.62 points to lock up trading at 3,766.95 and the JSE USD Market Index slipped 0.01 points to end the day at 238.06.
At the close of trading, 23,346,054 shares were exchanged in all three markets, down from 24,096,418 units on Thursday, with the value of stocks traded on the Junior and Main markets amounted to $389.49 million, up from $52.34 million on Thursday and the JSE USD market closed with an exchange of 30,455 shares for US$3,516 compared to 81,185 units at US$2,499 on Thursday.
Main Market trading was dominated by Wigton Windfarm led trading with 4.96 million followed by JMMB Group 7.5% with 4.18 million units, GraceKennedy with 3.29 million units, Carreras with 2.46 million units and Radio Jamaica with 1.12 million units.
In the Junior Market, EduFocal led trading with 922,326 shares, followed by AMG Packaging with 568,839 units and Dolla Financial with 530,862 stock units.
At the close of the market, some of the major Main Market stocks that rose are AS Bryden advanced $8.50 in closing at a record high of $45, Barita Investments rose $1.87 to $72.40 and JMMB Group rose 88 cents and ended at $24.68.
The major declining Main Market stocks include First Rock Real Estate declined $1.04 and ended at $6.01 and NCB Financial falling by $2.05 to $65.05.
On a day of limited price movement in the Junior Market, the major stocks with gains are AMG Packaging increased 41 cents to $3.17 and Caribbean Assurance Brokers popped 24 cents to end at $2.25, with the major losing stocks being Access Financial dropping $2.50 to close at $20.50 and Consolidated Bakeries falling 32 cents in closing at $1.88.
In the preference segment, Jamaica Public Service 7% dropped $6 to close at $42.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21.4 on 2022-23 earnings and 13.9 times those for 2023-24 at the close of trading. ICInsider.com PE ratio chart and the 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 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 navigate numerous investment options successfully in the 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 quickly assess the value of stocks based on this measure. 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.
Decline for JSE Main Market, Junior & USD markets steady
The Junior Market and the JSE USD market were relatively stable in trading on Wednesday, with the Main Market of the Jamaica Stock Exchange declining meaningfully as trading ended with the number and the value of shares trading rising sharply over that on Tuesday as trading ended with 37 ordinary shares rising and 34 declining.
At the close of trading on Wednesday, the JSE Combined Market Index rallied 503.65 points to end trading at 336,013.76, while the All Jamaican Composite Index declined 3,548.11 points to 357,372.64, the JSE Main Index declined 2,758.68 points to lock up trading at 320,529.65. The Junior Market Index slipped 5.71 points to 3,741.82 points and the JSE USD Market Index rallied 1.02 points to end trading at 240.82.
At the close of trading, 16,686,862 shares were exchanged in all three markets, up from 14,586,125 units on Tuesday, with the value of stocks traded on the Junior and Main markets amounted to $145.58 million, up from $38.46 million on Tuesday and the JSE USD market closed after only 22,109 shares were exchanged for US$25,157 compared to 135,574 units at US$3,223 on Tuesday.
Main Market trading was dominated by Wigton Windfarm led trading with 3.67 million shares followed by Jamaica Broilers with 3.22 million units, JMMB Group 7.5% ended with 2.35 million units and Transjamaican Highway with 1.03 million units.
In the Junior Market, Dolla Financial led trading with 1.31 million shares, followed by One Great Studio with 558,940 units and iCreate with 323,373.
At the close of the market, Main Market stocks rising are AS Bryden that rallied $1 and ended at $40, Caribbean Cement climbing $2.24 to $57, NCB Financial gaining $1.30 in closing at $67.50.
Declining Main Market stocks include Guardian Holdings down $5 to $390, Jamaica Stock Exchange dipping 96 cents to $10.06, Mayberry Group declining 95 cents to $7.50, Mayberry Jamaican Equities shedding 89 cents to close at $9.01, Proven Investments dropping $1.30 and ended at $22.18 as Sagicor Group skidded $1.07 to end at $44.93 and Seprod sank $1.99 and ended at $83.
In the Junior Market, rising stocks include Main Event which rose 67 cents to close at $14.97 and the stock with the largest loss in the Junior Market was AMG Packaging fell 64 cents to $2.36.
In the preference segment, Jamaica Public Service 7% rose $8.17 in closing at $48.17 and Productive Business Solutions 10.5 % preference share rallied $40 to end at $1,100.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21.6 on 2022-23 earnings and 13.9 times those for 2023-24 at the close of trading. ICInsider.com PE ratio chart and the 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 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 navigate numerous investment options successfully in the 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 quickly assess the value of stocks based on this measure. 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.
JSE Main Market pops higher as Juniors fall
The Junior Market and the JSE USD market slipped in trading on Monday while the Main Market inched marginally higher at the close on Monday, with 39 ordinary shares declining against just 33 rising as the Jamaica Stock Exchange closed following a rise in the volume and a decline in the value of stocks traded.
At the close of trading on Monday, the JSE Combined Market Index slipped 335.55 points to 335,510.11, the All Jamaican Composite Index rallied 82.60 points to 360,020.49, the JSE Main Index rose 36.27 points to end at 322,734.20. The Junior Market Index fell 30.78 points to end at 3,749.36 and the JSE USD Market Index shed 0.83 points to 240.86.
At the close of trading, 16,506,255 shares were exchanged in all three markets, up from 16,067,798 units on Friday, with the value of stocks traded on the Junior and Main markets amounted to $48.4 million, down from $60.18 million on Tuesday and the JSE USD market closed after 23,424 shares were traded, for US$1,068 compared to 13,643 units at US$3,500 on Friday.
Main Market trading was dominated by Wigton Windfarm with 6.16 million shares followed by Transjamaican Highway with 1.46 million units and Ciboney Group with 719,955 units.
In the Junior Market, EduFocal led trading with 1.26 million shares followed by Express Catering with 570,734 units and ONE on ONE Educational with 419,388 units.
At the close of the market, Main Market stocks rising are MPC Caribbean Clean Energy popping 99 cents and ending at $90, Proven Investments rising $1.04 in closing at $23.48, Sagicor Group jumping $4.38 to end at $45.98, Scotia Group rising $1 to $39 and Seprod climbing $5.50 in closing at $82.50.
Declining Main Market stocks include First Rock Real Estate down $1.23 to $6.77, Guardian Holdings falling $3.99 to $395, Margaritaville shedding $2.58 to end at $15 and Wisynco Group sinking $1.23 to end at $20.06.
In the Junior Market rising stocks include just Indies Pharma with an increase of 39 cents to $3.04.
Stock with the largest losses in the Junior Market was Access Financial down 50 cents to end at $25, AMG Packaging sinking 59 cents to $2.61 and Cargo Handlers dropping $2.43 to close at $11.57.
In the preference segment, Jamaica Public Service 7% skidded $5 in closing at $40 and Productive Business Solutions 10.5 % preference share shed $20 to end at $1,060.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21.8 on 2022-23 earnings and 13.9 times those for 2023-24 at the close of trading. ICInsider.com PE ratio chart and the 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 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 navigate numerous investment options successfully in the 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 quickly assess the value of stocks based on this measure. 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.
Stock prices fall but JSE rises to start 2024
The Main Market and USD Market of the Jamaica Stock Exchange climbed to start the new year at the close on Tuesday but the Junior Market slipped modestly following b gains on Friday, with trading dropping sharply from the year close on Friday, notwithstanding the gains in the market, trading ended with declining dominating those rising on the first day of the year.
At the close of trading, 21,294,970 shares were exchanged in all three markets, down from 107,792,193 units on Friday, with the value of stocks traded on the Junior and Main markets amounted to $81.4 million, down from $952.3 million on Friday. The JSE USD market closed after 51,389 shares were traded for US$5,071 compared to 367,867 units at US$23,662 on Friday.
Sagicor Select Financial Fund was the dominant trade in the Main Market, with 3.15 million shares, followed by Transjamaican Highway with 2.45 million units and Ciboney Group, 1.98 million units. In the Junior Market, EduFocal led trading with 2.46 million shares followed by One Great Studio with 1.59 million units and Future Energy, 665,397 stock units.
At the close of trading, Main Market stocks rallying were Guardian Holdings jumping $49.98 and ended at $399.98, Eppley popping $2.04 to close at $38.04, Scotia Group up $1.10 and ended at $39.50 and Massy Holdings advancing $1 to end at $91.
Declining Main Market stocks included AS Bryden, with a decline of $3.01 and ended at $30.10, Barita Investments falling $3.98 to $73, Eppley Caribbean Property Fund dropped $2.10 to $40, JMMB Group skidded $1 to $25, NCB Financial lost $1.99 to $68, followed by Sagicor Group skidding $2.50 to $47, Seprod declining $2.51 to end at $79.99 and Supreme Ventures shedding $2 in closing at $25.
Rising Junior Market stocks include ISP Finance and Access Financial up $2.49 each and Dolphin Cove up $1.27. Falling stocks include Main Event dropping 76 cents, AMG Packaging skidding 62 cents and Spur Tree Spices with a fall of 40 cents.
At the close of trading, the JSE Combined Market Index jumped 1,935.67 points to close at 341,093.80, the All Jamaican Composite Index climbed 1,130.72 points to 368,148.57, the JSE Main Index increased 2,125.48 points to end at 327,825.27. The Junior Market Index lost 6.58 points to end at 3,841.75 and the JSE USD Market Index gained 6.62 points to culminate at 237.81.
In the preference segment, Eppley 7.75% preference share dropped $3 to $19.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21 on 2022-23 earnings and 14.2 times those for 2023-24 at the close of trading. ICInsider.com PE ratio chart and the 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 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 navigate numerous investment options successfully in the 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 quickly assess the value of stocks based on this measure. 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.
Stocks prices surged on the Jamaican Stock Exchange
All three markets of the Jamaica Stock Exchange rose on Thursday following the sharp jump on Wednesday as trading on the Main Market exceeded Wednesday levels as investors traded 54.7 million shares in that market for $833 million on Thursday. Trading fell off in the Junior Market but the index surged as did the all Jamaica Composite index as investors pushed the top 10 stocks up by more than $1 and as high as $4.48, while declining stock price changes were subdued.
A total of 65,137,916 shares, were traded in all three markets, from 132,966,020 units on Wednesday.
The value of stocks traded on the Junior and Main markets totalled $857.26 million, down from $1.06 billion on Wednesday. The JSE USD market closed after 31,154 shares were traded for US$662 compared to 127,343 units at US$6,740 on Wednesday.
Carreras was one of a number of stocks dominating trading Thursday, with an exchange of 24.28 million shares followed by Wigton Windfarm with 7.82 million units, Wisynco Group ended with 4.36 million units, Radio Jamaica, chipped in with 3.71 million stock units, NCB Financial closed with an exchange of 3.06 million shares and Scotia Group with 2.42 million units and in the Junior Market, Spur Tree Spices ended with an exchange of 3.09 million shares.
At the close of trading on Thursday, the JSE Combined Market Index jumped 4,106.46 points to 334,623.18, the All Jamaican Composite Index surged 6,057.90 points to 360,454.68, the JSE Main Index rallied 3,911.29 points to end trading at 321,471.63. The Junior Market Index surged 50.05 points to end at 3,783.30 and the JSE USD Market Index rose 1.89 points to wrap-up trading at 224.35.
In the preference segment, 138 Student Living preference share sank $17.10 in closing at $96.90.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21.3 on 2022-23 earnings and 14.6 times those for 2023-24 at the close of trading. ICInsider.com PE ratio chart and the 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 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 navigate numerous investment options successfully in the 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 quickly assess the value of stocks based on this measure. 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.
Trading surges on Jamaica Stock Exchange
Trading surged sharply on the Jamaica Stock Exchange on Friday, with the Junior market listed Mailpac Group trading 50.04 million shares, Jamaican Teas, 32.66 million units, Future Energy 10.9 million units and Spur Tree Spices with 1.84 million units, while in the Main Market, JMMB Group 7.5% preference share traded 10 million shares followed by Sygnus Credit Investments with 5.84 million units, Jamaica Producers 2.87 million units and Pan Jamaica with 1.50 million units as a total of 123,026,015 shares were traded in all three markets, up sharply from just 10,449,490 units on Tuesday.
The value of stocks traded on the Junior and Main markets surged to $527.23 million compared with a mere $48.29 million on Thursday. The JSE USD market closed after 159,494 shares were traded, for US$2,742 compared to 6,525 units at US$320 on Thursday.
At the close of the market, Main Market stocks rallying were GraceKennedy up $3.59, Eppley Caribbean Property with a rise of $2.60, Seprod rose $1, Scotia Group closing at a new 52 weeks’ closing high of $38.40, after gaining 90 cents and MPC Caribbean Energy rose 88 cents. Falling Main Market stocks were mostly modest except for Eppley down $4.48 and Jamaica Producers with a fall of $1.47.
Rising Junior Market stocks include Caribbean Cream with a gain of 64 cents, Iron Rock Insurance up 49 cents, Dolphin Cove with a gain of 44 cents and Spur Tree gaining 25 cents. There were declining stocks of note.
At the close of trading, the JSE Combined Market Index rose 1,162.73 points to close at 328,594.68, the All Jamaican Composite Index climbed 1,555.49 points to lock up trading at 353,538.78, 
the JSE Main Index rallied by 812.63 points to end trading at 316,798.45. The Junior Market Index rallied 45.75 points to end the day at 3,728.14 and the JSE USD Market Index skidded 2.03 points to wrap up trading at 221.10.
In the preference segment, Jamaica Public Service 7% rallied $4 to end at $45 and Productive Business Solutions 9.75% preference share advanced $4.50 and ended at $120.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21.1 on 2022-23 earnings and 13.9 times those for 2023-24 at the close of trading. ICInsider.com PE ratio chart and the 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 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 navigate numerous investment options successfully in the 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 quickly assess the value of stocks based on this measure. 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.
JSE Main & USD markets gains, Juniors slip
The Main Market of the Jamaica Stock Exchange gained at the close of trading on Thursday, with the USD Market also closing higher as the Junior Market slipped to close out trading, with market activity ending with the volume and value of stocks traded falling below Wednesday’s levels on the penultimate day before the Christmas break for the market.
At the close of the market, Main Market stocks rallying were Jamaica Broilers with a gain of $1.49, Sagicor Group up $1 and Scotia Group closing at a new 52 weeks’ closing high of $37.50, after gaining 38 cents. Declining Main Market stocks include GraceKennedy down $2.17 and Barita Investments with a fall of 90 cents.
Rising Junior Market stocks include Main Event with a gain of 40 cents, Blue Power up 37 cents, and AMG Packaging gaining 33 cents. Declining stocks include Medical Disposables falling 42 cents followed by Caribbean Cream with a loss of 31 cents and Iron Rock Insurance down 44 cents.
At the close of trading, the JSE Combined Market Index rose 512.77 points to 328,594.68, the All Jamaican Composite Index climbed 571.53 points to wrap up trading at 351,983.29, the JSE Main Index popped 723.66 points to 315,985.82. The Junior Market Index dipped 18.95 points to wrap-up trading at 3,682.39 and the JSE USD Market Index gained 4.25 points to finish at 223.13.
Investors traded 10,449,490 shares, in all three markets, down from 13,761,322 units on Tuesday. The value of stocks traded on the Junior and Main markets amounts to $48.29 million compared with $65.97 million on Tuesday. The JSE USD market closed after just 6,525 shares were traded, for US$320 compared to 130,502 units at US$2,973 on Wednesday.
In the preference segment, Jamaica Public Service 7% rallied $1 to $41 and Productive Business Solutions 10.5 % preference share lost $30 to end at $1,060.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 20.7 on 2022-23 earnings and 13.7 times those for 2023-24 at the close of trading. ICInsider.com PE ratio chart and the 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 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 navigate numerous investment options successfully in the 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 quickly assess the value of stocks based on this measure. 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.
Trading drops on Jamaica Stock Exchange
The Main Market and the USD markets of the Jamaica Stock Exchange declined at the close of trading on Friday while the Junior Market rose, with the volume and value of stocks changing hands declining from trading on Thursday.
At the close of trading, Eppley climbed $4, Eppley Caribbean Property Fund recovered the $3.80 it lost on Thursday, Guardian Holdings gained $2, Scotia Group up $1.50 and GraceKennedy with a rise of $1. Declining stocks were led by Pan Jamaica,, down $6.73 and NCB Financial fell $1.47.
At the close of trading, the JSE Combined Market Index slipped 66.62 points to close at 324,332.88, the All Jamaican Composite Index skidded 451.88 points to 346,035.74, the JSE Main Index lost 392.04 points to close at 311,317.38. The Junior Market Index gained 34.37 points to end the day at 3,695.69 and the JSE USD Market Index dropped 4.56 points to wrap up trading at 219.33.
Investors traded 10,332,299 shares, in all three markets, down from 22,170,439 units on Thursday. The value of stocks traded on the Junior and Main markets amount to a mere $38 million up from $63.54 million on Thursday. The JSE USD market closed after 49,892 shares were traded, for US$8,545 compared to 10,110 units at US$968 on Thursday.
In the preference segment, Eppley 7.50% preference share skidded 54 cents in closing at $6.24 and Jamaica Public Service 7% dropped $4.50 to $40.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21.2 on 2022-23 earnings and 13.7 times those for 2023-24 at the close of trading. ICInsider.com PE ratio chart and the 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 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 quickly assess the value of stocks based on this measure. 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.