Trading on the Jamaica Stock Exchange US dollar market ended on Wednesday, with a 13 percent fall in the volume of stocks changing hands, with a value that was 21 percent lower than on Tuesday and resulting in the trading of six securities, compared to seven on Tuesday with two rising, three declining and one ending unchanged.
Investors traded 193,894 shares for US$13,133, down from 223,523 units at US$16,568 on Tuesday.
Trading remains consistent for the month to date with an average of 32,316 shares at US$2,189 on Wednesday, versus 31,932 shares at US$2,367 on Tuesday, with a month to date average of 13,503 shares at US$2,816 compared with 12,496 units at US$2,849 on the previous day. February ended with an average of 43,793 units for US$2,015.
The JSE USD Equities Index jumped 21.31 points to end at 216.14.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.8. The PE ratio is computed based on the last traded price of each stock divided by projected earnings forecasts done by ICInsider.com for companies with their financial year ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than the last selling prices and none with a lower offer.
At the close, First Rock Real Estate USD share rose 0.1 of a cent to 6.5 US cents after an exchange of 30 shares, Productive Business Solutions remained at US$1.75 trading one stock unit, Proven Investments lost 1.5 cents in closing at 16.5 US cents, with 21,425 stocks clearing the market. Sygnus Real Estate Finance USD share rallied 1.08 cents to 7.18 US cents after three units crossed the market and Transjamaican Highway dipped 0.06 of a cent to close at 0.9 of one US cent with a transfer of 171,800 shares.
In the preference segment, Productive Business Solutions 9.25% preference share declined 40 cents to US$12.50 with the swapping of 635 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Steady trading on the JSE USD market
Trading surged on the Jamaica Stock Exchange
Trading picked up sharply on the Jamaica Stock Exchange on Wednesday with the value of stocks changing hands more than 10 times that on Tuesday but all three markets indices slipped at the close, with the Junior Market continuing to suffer losses with a daily decline from last week Wednesday except for a moderate rise on Monday, the JSE USD market suffered a modest slippage as the Main Market slipped modestly in the last few minutes before the close.
At the close of trading, 306,780,140 shares were exchanged in all three markets, up from just 14,282,339 units, with a value of $687.8 million, sharply up from $62.4 million on the previous trading day. Trading on the JSE USD market resulted in investors exchanging 33,994 shares for US$8,060 compared to 45,731 units at US$80,169 on Tuesday.
The JSE Combined Market Index dipped 838.67 points to 339,980.15, the All Jamaican Composite Index shed 558.16 points to settle at 370,613.84, the JSE Main Index declined 341.03 points to 327,641.90, the Junior Market dropped 55.99 points to 3,741.68 and the JSE USD Market Index slipped 1.23 points to end at 220.54.
The market’s PE ratio ended at 18.7 based on 2021-22 earnings and 12.2 times those for 2022-23 at the close of trading.
Investors need pertinent information to successfully navigate many 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. It 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 payable and yields for each company are shown in the Main and Junior Markets’ daily report charts that also show the closing volume pertaining to the bids and offers 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.
Surge in Monday trading on the Jamaica Stock Exchange
Trading surged sharply on the Jamaica Stock Exchange on Monday but prices softened in the JSE USD market and the JSE Main Market suffered while the Junior Market popped a few points by the close.
At the close of trading, 33,504,090 shares were traded in all three markets, from 22,972,502 units, with a value of $250.45 million, up from $109.5 million on the previous trading day. Trading on the JSE USD market resulted in investors exchanging 88,737 shares for a mere US$48,455 compared to 86,809 units at US$1,115 on Friday.
The JSE Combined Market Index popped 705.24 points to 341,823.54, the All Jamaican Composite Index lost 745.02 points in ending at 372,176.69, the JSE Main Index fell 1,581.47 points to close at 328,859.80, the Junior Market dropped 11.64 points to 3,817.91 and the JSE USD Market Index plunged 21.45 points to end at 188.34 and follows a 20 points drop on Thursday and Friday.
The market’s PE ratio ended at 19 based on 2021-22 earnings and 12.3 times those for 2022-23 at the close of trading.
Investors need pertinent information to successfully navigate many 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. It 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 payable and yields for each company are shown in the Main and Junior Markets’ daily report charts that also show the closing volume pertaining to the bids and offers 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.
Steady trading on the Jamaica Stock Exchange Friday
The volume of stocks trading remained steady with that on Thursday on the Jamaica Stock Exchange on Friday, but with a moderately lower value resulting in a decline in Junior and USD markets, with the JSE Main Market Index rising.
The market ended with an exchange of 22,972,502 shares in all three markets, from 22,408,590 units valued at $109.5 million, versus $111 million previously traded. Trading on the JSE USD market resulted in investors exchanging 86,809 shares for a mere US$1,115 compared with 4,892 units at US$14,617 on Thursday.
The JSE Combined Market Index popped 705.24 points to 343,189.05, the All Jamaican Composite Index dropped just 269.67 points to 2,921.71, the JSE Main Index rose 948.24 points to 330,441.27, the Junior Market dropped 19.21 points to 3,806.27 and the JSE USD Market Index plunged 14.68 points to end at 209.79.
The market’s PE ratio ended at 18.9 based on 2021-22 earnings and 12.2 times those for 2022-23 at the close of trading.
Investors need pertinent information to successfully navigate many 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. It 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 payable and yields for each company are shown in the Main and Junior Markets’ daily report charts that also show the closing volume pertaining to the bids and offers 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.
At the close of trading, 24,794,436 shares were exchanged in all three markets, up from 67,658,020 units, with a value of $63.6 million, in contrast to $158.8 million on the previous trading day.
The ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
Dividends payable and yields for each company are shown in the Main and Junior Markets’ daily report charts that also show the closing volume pertaining to the bids and offers for each company.
At the close of trading, 67,658,020 shares were exchanged in all three markets, up from 16,783,924 units, with a value of $158.8 million, in contrast to $93.3 million on the previous trading day. Trading on the JSE USD market resulted in investors exchanging 223,523 shares for US$16,568 compared to 11,094 units at US$1,234 on Monday.
Investors need pertinent information to successfully navigate many 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.
Dividends payable and yields for each company are shown in the Main and Junior Markets’ daily report charts that also show the closing volume pertaining to the bids and offers for each company.
At the close of trading, 16,783,924 shares were exchanged in all three markets, up from 16,002,409 units, with a value of $93.3 million, in contrast to $108.4 million on the previous trading day. Trading on the JSE USD market resulted in investors exchanging a mere 11,094 shares for US$1,234 compared to 47,009 units at US$5,749 on Friday.
The ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
Dividends payable and yields for each company are shown in the Main and Junior Markets’ daily report charts that also show the closing volume pertaining to the bids and offers for each company.
At the close of trading, 16,002,409 shares were exchanged in all three markets, up from 9,338,374 units, with a value of $108.4 million, in contrast to $58.6 million on the previous trading day.
The ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
Dividends payable and yields for each company are shown in the Main and Junior Markets’ daily report charts that also show the closing volume pertaining to the bids and offers for each company.
At the close of the market, 9,338,374 shares were exchanged in all three markets, sharply down from 306,780,140 units, with a value of a mere $58.6 million, in contrast to $687.8 million on the previous trading day. The JSE USD market resulted in investors trading 430,568 shares for US$30,840 compared to 33,994 units at US$8,060 on Wednesday.
Investors need pertinent information to successfully navigate many 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.
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 of trading, 14,282,339 shares were exchanged in all three markets, down from 33,504,090 units, with a value of $62.4 million, sharply down from $250.45 million on the previous trading day. Trading on the JSE USD market resulted in investors exchanging 45,731 shares for US$80,169 compared to 88,737 units at US$48,455 on Monday.
The ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
Dividends payable and yields for each company are shown in the Main and Junior Markets’ daily report charts that also show the closing volume pertaining to the bids and offers for each company.