Trading surged for a second consecutive day on the Jamaica Stock Exchange on Wednesday, with the volume of stocks trading declining but resulted in a higher value than on Tuesday following GraceKennedy trading 3.76 million shares for $291 million, NCB Financial ended with 3 million shares for $204 million and ScotiaGroup with 4.85 million shares for $164 million as trading ended with the Junior and JSEUSD markets rising at the close and the Main Market declining even as with Transjamaican Highway and Wigton Windfarm continues to hit new 52 weeks’ highs.
At the close of the market, the JSE Combined Market Index fell 1,534.67 points to 340,641.18, the All Jamaican Composite Index declined 1,105.39 points to close at 360,982.14, the JSE Main Index dropped 1,861.20 points at 327,139.32, the Junior Market Index climbed 22.06 points to 3,866.96, while the JSE USD Market Index gained 1.89 points to close at 240.02.
Preference shares with notable price movements but are not in the Main Market TOP10 graphs are Eppley 7.25% preference share recovered the $2.85 it lost on Tuesday in closing at $19 and Jamaica Public Service 7% shed $1.99 in closing at $50.01.
At the close, investors exchanged 41,085,482 shares in all three markets on Tuesday compared to 60,867,391 shares on Tuesday.
The value of stocks trading in the Junior and main markets was $752.6 million, up sharply from $609.18 million on Tuesday. Trading on the JSE USD market resulted in investors exchanging 289,060 shares for US$34,073 compared to 132,703 units at US$3,992 on Tuesday. The market’s PE ratio ended at 18.3 on 2022-23 earnings and 11.3 times those for 2023-24 at the close of trading. Investors need pertinent data to successfully navigate numerous investment options in the local stock market. The ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making. Investors should use the chart to help make rational decisions when investing in stocks close to the average for the sector and not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and put in on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock.
The ICInsider.com PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange and shows companies grouped on an industry basis, allowing easy comparisons between the same sector companies and the overall market.
The net asset value of each company is reported as a guide to assess the value of stocks based on this measure quickly. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends 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.
The EPS & PE ratios are based on 2021 and 2022 actual or projected earnings, excluding major one off items. The PE Ratio is the most popular measure used to determine the value of stocks.
Value of stocks traded surged on the JSE
All JSE Market drop on Monday
The markets closed lower on the Jamaica Stock Exchange on Monday with trading volume and value falling bellows Friday’s levels and providing limited support to the market’s prices.
The JSE Combined Market Index fell 633.59 points to 347,152.65, the All Jamaican Composite Index declined by 1,262.06 points to 369,455.98, the JSE Main Index fell 279.16 points to 335,318.38, the Junior Market Index fell 40.76 points to 3,744.57 and the JSE USD Market Index slipped 3.96 points to 234.26.
Shares in the preference segment of the Main Market not included in the TOP10 graphs ended with Jamaica Public Service 7% falling $11.78 to close at $66.72.
At the close, investors exchanged 20,210,036 shares in all three markets, down from 29,251,124 18 units on Friday, with the value of stocks trading amounting to $83.8 million down from $94.5 million on Friday. Trading on the JSE USD market resulted in investors exchanging 144,256 shares for US$3,922 compared to 112,013 units at US$25,887 on Friday.
The market’s PE ratio ended at 18.6 on 2022-23 earnings and 11.4 times those for 2023-24 at the close of trading.
Investors need pertinent information to successfully navigate numerous investment options in the local stock market. The ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
Investors should use the chart to help make rational decisions when investing in stocks close to the average for the sector and not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and put in on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock.
The ICInsider.com PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange and shows companies grouped on an industry basis, allowing easy comparisons between the same sector companies and the overall market.
The net asset value of each company is reported as a guide to assess the value of stocks based on this measure quickly. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends 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.
The EPS & PE ratios are based on 2021 and 2022 actual or projected earnings, excluding major one off items. The PE Ratio is the most popular measure used to determine the value of stocks.
Trading ended with the JSE Combined Market Index popping 826.66 points to 342,175.85, while the All Jamaican Composite Index rallied 810.40 points to 362,087.53, the JSE Main Index climbed 469.12 points to 329,000.52. The Junior Market Index jumped 42.50 points to close at 3,844.90 and seems to be breaking out from wedge-shaped chart formation, while the JSE USD Market Index popped 4.19 points to 238.13.
At the close, investors exchanged 60,867,391 shares in all three markets on Tuesday compared to 22,548,034 shares on Tuesday. The value of stocks trading in the Junior and main markets was $609.18 million, up sharply from $90.9 million on Tuesday. Trading on the JSE USD market resulted in investors exchanging 132,703 shares for US$3,992 compared to 2,048,216 units at US$53,374 on Tuesday.
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.
At the close, the JSE Combined Market Index rose 1,083.75 points to end at 341.349.19, the All Jamaican Composite Index lost 325.98 points to close at 361,277.13, the JSE Main Index popped 1,197.20 points to 328,531.40, the Junior Market Index dipped 3.64 points to 3,802.40 and the JSE USD Market Index dipped 4.97 points to 233.94.
The market’s PE ratio ended at 18.1 on 2022-23 earnings and 11.3 times those for 2023-24 at the close of trading.
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.
At the close of trading, the JSE Combined Market Index dropped 2,327.36 points to 340,265.44, the All Jamaican Composite Index shed 2,291.49 points to close at 361,603.11, the JSE Main Index dived 2,486.07 points to 327,334.20, the Junior Market Index dipped 0.84 points to settle at 3,806.04 and the JSE USD Market Index rose 0.05 points to close at 238.91.
The market’s PE ratio ended at 18.1 on 2022-23 earnings and 11.4 times those for 2023-24 at the close of trading.
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.
At the close of trading, the JSE Combined Market Index dropped 3,572.73 points to 342,592.8, the All Jamaican Composite Index dived 4,628.88 points to 363,894.60, the JSE Main Index plunged 3,811.14 points to 329,820.27, the Junior Market Index dipped 1.81 points to settle at 3,806.88 and the JSE USD Market Index rose 9.27 points to close at 238,86.
The market’s PE ratio ended at 18.3 on 2022-23 earnings and 11.3 times those for 2023-24 at the close of trading.
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.
At the close of trading, the JSE Combined Market Index fell 2,224.20 points to 346,165.48, the All Jamaican Composite Index declined 2,652.86 points to close at 368,523.48, the JSE Main Index shed 2,552.97 points to close at 333,631.41, the Junior Market Index rose 17.25 points to end at 3,808.69 and the JSE USD Market Index dipped 11.81 points to close at 229.59.
The market’s PE ratio ended at 18.4 on 2022-23 earnings and 11.3 times those for 2023-24 at the close of trading.
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.
The JSE Combined Market Index climbed 1,509.57 points to close at 350,166.76, while the All Jamaican Composite Index jumped 2,332.39 points to end at 372,808.36, the JSE Main Index rallied 1,749.45 points to 338,283.36, with the Junior Market Index shedding 13.41 points to end at 3,771.62 and the JSE USD Market Index dipped 4.12 points to end at 238.57.
The market’s PE ratio ended at 18.5 on 2022-23 earnings and 11.4 times those for 2023-24 at the close of trading.
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.
The JSE Combined Market Index rallied 854.92 points to 348,657.19, the All Jamaican Composite Index popped 112.20 points to 370,475.97, the JSE Main Index rose 696.33 points to 336,533.91, the Junior Market Index managed to hold on a gain of 22.41 points to end at 3,785.03 and the JSE USD Market Index dropped 30.40 points to end at 242.69.
Trading on the JSE USD market resulted in investors exchanging 842,727 shares for US$97,351 compared to 15,452 units at US$986 on Monday.
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.
The JSE Combined Market Index shed 1,042.09 points to 347,802.27, the All Jamaican Composite Index dropped 1,804.90 points to close at 370,363.77, the JSE Main Index fell 1,165.52 points to end trading at 335,837.58, the Junior Market Index managed to hold on a gain of just 4.97 points to close at 3,762.62 and the JSE USD Market Index dropped 13.05 points to end at 212.29.
Trading on the JSE USD market resulted in investors exchanging 15,452 shares for US$986 compared to 959,588 units at US$46,217 on Monday.
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.