The volume of stocks traded on the Junior Market of the Jamaica Stock Exchange Monday surged 1,032 percent, following a 25.5 million shares trade in JFP Ltd and pushing the value up by 466 percent over Friday’s outturn after an exchange of 46 securities up from 39 on Friday, which ended with 17 rising, 18 declining and 11 closing unchanged.
A total of 35,801,013 shares were traded for $69,628,752 compared with 3,163,615 units at $12,309,172 on Friday.
Trading averaged 778,283 shares at $1,513,669 compared with 81,118 units at $315,620 on Friday with the month to date averaging 214,871 units at $546,966 compared to 125,810 stock units at $394,154 on the previous trading day. November closed with an average of 259,893 units at $711,335.
JFP Ltd led trading with 25.49 million shares for 71.2 percent of total volume followed by Derrimon Trading with 5.35 million units for 14.9 percent of the day’s trade and MFS Capital Partners with 1.20 million units for 3.4 percent market share.
At the close, the Junior Market Index declined 7.14 points to settle at 3,912.61.
The PE Ratio, a measure of computing appropriate stock values, averages 12. The PE ratios of Junior Market stocks are based on ICInsider.com projected earnings with financial year ends that fall between November this year and August 2023.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, AMG Packaging rallied 10 cents to close at $3.10 after a transfer of 1,462 shares, Cargo Handlers gained 14 cents in ending at $12.50 with 431 stock units changing hands, Caribbean Cream advanced 14 cents to $4 after 55 stocks were traded. Derrimon Trading declined 10 cents to $2, with 5,351,899 units clearing the market, Elite Diagnostic climbed 44 cents to $3.35 with an exchange of 191,332 shares, 
Express Catering rose 56 cents to end at $5 in switching ownership of 50 stock units. Fontana fell 16 cents in closing at $8.04 with 46,686 stocks crossing the market, Honey Bun dropped $1.07 to $6.71 as investors switched ownership of 22,069 units, iCreate popped 20 cents to close at $2.22 after the transfer of 33,390 stocks. Indies Pharma gained 44 cents in ending at $3.02 with the swapping of 12,549 stock units, ISP Finance advanced 10 cents to close at $15 with a transfer of 180 shares, Lasco Manufacturing dropped 25 cents to settle at $3.95 after trading of 821,360 units. Limners and Bards shed 10 cents to end at $2.40 with 248,406 shares changing hands and
Main Event lost 30 cents to close at $9.70 with an exchange of 9,651 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading plunged for JSE USD Market
Investors exchanged far fewer shares on the Jamaica Stock Exchange US dollar market on Monday, with the volume of stocks changing hands declining 90 percent valued 80 percent less than on Friday, after five stocks had less than five units trading out of 11 securities with trading active, compared to six on Friday with three rising, three declining and five ending unchanged.
A total of 24,669 shares were exchanged for US$2,560 down from 246,142 unit at US$13,108 on Friday.
Trading averaged 2,243 units at US$233 versus 41,024 shares at US$2,185 on Friday, with a month to date average of 23,862 shares at US$1,230 down from 28,186 units at US$1,430 on the previous day. November ended with an average of 33,854 units for US$3,351.
The JSE US Denominated Equities Index lost 0.23 points to end at 226.48.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.3. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November and August 2023.
Investor’s Choice bid-offer indicator shows one stock ending with a bid higher than the last selling price and none with a lower offer.
At the close, First Rock Real Estate USD share dipped 0.66 of a cent to close at 7.18 US cents with the swapping of 4,203 shares, MPC Caribbean Clean Energy rallied 0.99 of a cent to 63.99 US cents while just three units passed through the market, Productive Business Solutions remained at US$1.70 after four stocks were traded. Proven Investments shed 0.1 of a cent to end at 19 US cents with 10,475 stock units clearing the market, Sygnus Credit Investments USD share rose 0.4 of one cent ending at 10 US cents, with 999 units changing hands, 
Sygnus Real Estate Finance USD share ended at 11 US cents with a transfer of 271 shares and Transjamaican Highway popped 0.01 of a cent to 0.89 of one US cent with 8,668 stocks crossing the exchange.
In the preference segment, Eppley 6% preference share dropped 17.25 cents to close at 97.75 US cents, with 43 stock units crossing the market, Equityline Mortgage Investment preference share ended at US$1.67 in switching ownership of one stock unit, JMMB Group 5.5% remained at US$2 with investors transferring one stock and JMMB Group 6% remained at US$1.03 with a mere one unit changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Financials and JBG push Main Market higher
Main Market stocks rose on Monday with the market indices recording gains, as JMMB Group jumped $4, Jamaica Broilers fresh from releasing stellar October quarterly profits, added $2.70, Jamaica Stocks Exchange climbed $1.47 and NCB Financial Group rose $1.02, 
but the Junior and the JSE US dollar market slipped moderately, as the volume and value of shares traded surged sharply over Friday’s levels as JFP Ltd was the lead volume trade with 25.5 million units.
At the close, the Combined Market Index rallied 645.88 points to close at 352,660.02, the JSE Main Index rose 760.64 points to 339,549.37 while the All Jamaica Composite Index popped 1,523.69 points to 383,892.98, the Junior Market slipped 7.14 points to 3,912.61 and the JSE US dollar market fell 0.23 points to 226.48.
Trading ended, with 42,313,310 shares changing hands, for $160.7 million, versus $39.65 million, with 6,300,756 shares traded in all markets on the previous trading day. The JSE USD market ended with the value of stocks traded amounting to US$2,560 from US$13,108 on Friday.
The market’s PE ratio ended at 22.8 based on 2021-22 earnings and 12.8 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 investment decisions by 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 show the closing volume for the bids and offers.
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 dives on JSE Main Market
The volume of stocks trading plunged sharply on the Jamaica Stock Exchange Main Market on Friday resulting in 99 percent fewer shares changing hands, with the value declining 95 percent from Thursday, after trading took place in 55 securities down from 58 previously and leading to 19 rising, 23 declining and 13 ending unchanged.
A total of 2,890,999 shares were exchanged for $27,224,258 down sharply from 246,792,291 units at $513,155,922 on Thursday.
Trading averaged 52,564 units at $494,987 compared with 4,255,040 shares at $8,847,516 on Thursday and month to date, an average of 747,673 units at $2,387,906 versus 861,796 units at $2,698,684 on the previous day. November closed with an average of 202,406 units at $1,736,493.
Pulse Investments led trading with 750,281 shares for 26 percent of total volume followed by Wigton Windfarm with 545,933 units for 18.9 percent of the day’s trade and Victoria Mutual Investments with 377,222 units for 13 percent market share.
The All Jamaican Composite Index dived 2,298.69 points to 382,369.29, the JSE Main Market Index dipped 1,613.21 points to 338,788.73 and the JSE Financial Index shed 1.10 points to end at 80.85.
The PE Ratio, a formula to ascertain appropriate stock values, averages 12.9 for the Main Market. The JSE Main and USD Market PE ratios incorporate earnings forecasted by ICInsider.com for companies with the financial year ending between November and August 2023.
Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than the last selling prices and one with a lower offer.
At the close, Caribbean Cement fell $2.90 in closing at $57 after 17,639 shares passed through the market, Eppley rose $1.70 to $38.70 with an exchange of 284 stock units, First Rock Real Estate popped $1 to end at $13.50 with the swapping of 26 stocks. Jamaica Broilers rallied 97 cents after ending at $27 in switching ownership of 4,693 units, 
Jamaica Producers declined $1.50 to $21 with investors transferring 238,069 stock units, JMMB Group shed $1.45 to end at $32 after trading 42,004 stocks. MPC Caribbean Clean Energy gained 50 cents to close at $83.50 with 723 shares clearing the market, NCB Financial lost 50 cents after ending at $81.50 in trading 16,397 units, Palace Amusement dipped $1 in closing at $620 in an exchange of 61 stock units. PanJam Investment declined $2.25 to $55 after a transfer of 83,516 units, Proven Investments lost 60 cents to end at $27.20 with a transfer of 512 shares, Sagicor Group advanced $2 to $50 with 25 stocks crossing the market. Seprod rose $1 to $71 trading 9,396 stock units, Supreme Ventures climbed $3.05 to close at $30 with 100,161 stocks changing hands.
In the preference segment, Eppley 7.50% preference share fell $1.17 to $6.60 in transferring 130 units and JMMB Group 7.25% preference share rallied 42 cents to $3.23 with the swapping of 1,541 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior market ends week higher
In Junior Market trading on Friday the volume of stocks changing hands dropped 46 percent compared to Thursday on the Jamaica Stock Exchange as the value dropped 54 percent and ended with 39 securities trading, down from 45 on Thursday and ended with prices of 20 rising, nine declining and ten closing unchanged and resulted in the market closing the week higher than the close of the previous week.
A total of 3,163,615 shares were traded for $12,309,172 versus 5,831,798 units at $26,486,488 on Thursday.
Trading averaged 81,118 shares at $315,620 compared to 129,596 units at $588,589 on Thursday with the month to date averaging 125,810 units at $394,154 compared to 132,726 stock units at $406,308 on the previous day. November closed with an average of 259,893 units at $711,335.
Fontana led trading with 677,797 shares for 21.4 percent of total volume followed by iCreate with 396,382 units for 12.5 percent of the day’s trade and JFP Ltd with 366,095 units for 11.6 percent market share.
At the close, the Junior Market Index rose 40.36 points to settle at 3,919.75.
The PE Ratio, a measure of computing appropriate stock values, averages 11.9. The PE ratios of Junior Market stocks incorporate ICInsider.com projected earnings for companies with financial year end that falls between November this year and August 2023.
Investor’s Choice bid-offer indicator shows no stock ending with a bid higher than the last selling prices and four with lower offers.
At the close, Consolidated Bakeries popped 18 cents after ending at $1.99 with investors transferring 1,942 shares, Dolphin Cove rose 73 cents to $14.18 after an exchange of 3,209 stocks, EduFocal gained 20 cents to end at $2.40 after trading 43,124 stock units. 
Express Catering shed 56 cents in closing at $4.44 with 11,436 units changing hands, Honey Bun rallied $1.12 to close at $7.78 after 500 units crossed the market, iCreate rose 12 cents to $2.02 in an exchange of 396,382 shares. Indies Pharma lost 27 cents to close at $2.58 with the swapping of 34,582 stock units, JFP Ltd gained 18 cents to settle at $1.65 in an exchange of 366,095 stocks, Lasco Financial advanced 14 cents to $2.90 with 50,703 stocks crossing the market. Lasco Manufacturing rose 30 cents to $4.20 after 46,629 stock units passed through the market, Limners and Bards popped 10 cents in closing at $2.50 as investors exchanged 900 units, Medical Disposables advanced 22 cents to $5.20 after an exchange of 25 shares. 
Spur Tree Spices gained 13 cents to settle at $3.29 with the swapping of 21,439 units and tTech rose 19 cents to close at $3.15 in switching ownership of 1,091 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Gains for JSE USD market
Trading ended on Friday with the volume of stocks changing hands, rising 51 percent and valued 148 percent more than on Thursday at the close of the Jamaica Stock Exchange US dollar market ended on Friday and resulting in trading activity in six securities, compared to three on Thursday and ending with prices of two rising, one declining and three ending unchanged.
Overall, 246,142 shares were traded for US$13,108, up from 163,448 units at US$5,282 on Thursday.
Trading averaged 41,024 units at US$2,185 versus 54,483 shares at US$1,761 on Thursday, with month to date average of 28,186 shares at US$1,430 compared with 26,614 units at US$1,338 on the previous day. November ended with an average of 33,854 units for US$3,351.
The JSE US Denominated Equities Index gained 0.36 points to end at 226.71.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.4. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November and August 2023.
Investor’s Choice bid-offer indicator shows no stock ended with a bid higher than the last selling price and one with a lower offer.
At the close, First Rock Real Estate USD share advanced 0.66 of a cent to 7.84 US cents with just two shares changing hands, Proven Investments remained at 19.1 US cents with 28 units passing through the market, Sterling Investments lost 0.04 of a cent to end at 2.07 US cents and closed after the trading of 42,200 stock units. Sygnus Credit Investments USD share increased 0.2 of a cent after ending at 9.6 US cents after an exchange of 2,385 stocks and Transjamaican Highway ended at 0.88 of one US cent with the swapping of 196,298 shares.
In the preference segment, JMMB Group 5.75% ended at US$1.95 while exchanging 5,229 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Gains for Junior Market as Main market falls
The Main Market of Jamaica Stock Exchange slipped for a second day on Friday but the Junior Market and the JSE US dollar market popped moderately higher to record gains at the close of trading for a second day, as the volume and value of shares trading plunged sharply from Thursday’s levels.
At the close, the Combined Market Index fell 1,141.14 points to 352,014.14, the JSE Main Index fell 1,613.21 points to 338,788.73 while the All Jamaica Composite Index dipped 2,298.69 points to 382,369.29, the Junior Market rose 40.36 points to 3,919.75 and the JSE US dollar market rose 0.36 points to 226.71.
Trading dropped, with 6,300,756 shares changing hands, for a mere $39.5 million, versus $539.6 million, with 252,787,537 shares traded in all markets on the previous day. The JSE USD market ended with the value of stocks traded amounting to US$13,108 from US$5,282 on Thursday.
The market’s PE ratio ended at 22.6 based on 2021-22 earnings and 12.8 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 investment decisions by 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 show the closing volume for the bids and offers.
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 climbs on Junior Market
Trading on the Junior Market of the Jamaica Stock Exchange gained momentum on Thursday, as the volume of stocks traded rose 21 percent and the value 87 percent greater than on Wednesday with 45 securities trading upfront 42 on Wednesday and ended with 15 rising, 19 declining and 11 closing unchanged.
A total of 5,831,798 shares were traded for $26,486,488 compared to 4,802,262 units at $14,183,332 on Wednesday.
Trading averaged 129,596 shares at $588,589 compared to 114,340 units at $337,698 on Wednesday. Trading month to date averages 132,726 units at $406,308 versus 133,407 stock units at $366,681 on the previous day. November traded an average of 259,893 units at $711,335.
Fontana led trading with 2.0 million shares for 34.3 percent of total volume Dolla Financial followed with 1.04 million units for 17.8 percent of the day’s trade and Lumber Depot with 450,085 units for 7.7 percent market share.
At the close, the Junior Market Index climbed 12.11 points to settle at 3,879.39.
The PE Ratio, a measure of computing appropriate stock values, averages 11.8. The PE ratios of Junior Market stocks incorporate ICInsider.com projected earnings for companies with financial year end that falls between November this year and August 2023.
Investor’s Choice bid-offer indicator shows one stock ending with a bid higher than its last selling price and none with a lower offer.
At the close, Access Financial rose $1.11 to $24.90 with a transfer of five shares, Cargo Handlers climbed $2.37 to end at $12.36 with 66 stocks crossing the market, Caribbean Assurance Brokers gained 15 cents to close at $2.17 after exchanging 553 stock units. Caribbean Cream lost 14 cents after ending at $3.86 in transferring 13,397 units, 
Consolidated Bakeries dipped 21 cents to $1.81 after trading 3,315 stocks, Dolphin Cove fell 75 cents to $13.45, with the swapping of 455 shares. Elite Diagnostic dropped 29 cents to settle at $2.91 in switching ownership of 6,009 units, Everything Fresh shed 14 cents to end at $1.35 trading 46,894 stock units, Fontana gained 10 cents in closing at $8.20 as investors exchanged 2,002,267 shares. GWest Corporation rallied 13 cents to end at $1.03 with 351 stock units changing hands, Honey Bun declined $1.16 in closing at $6.66 with 1,591 stocks crossing the exchange, iCreate popped 14 cents to $1.90 after 293,310 units cleared the market. Indies Pharma dropped 13 cents to $2.85 in switching ownership of 424 units, Jamaican Teas popped 10 cents to close at $2.65 with investors transferring 65,589 stocks, Knutsford Express fell 12 cents to $8.49 trading 23 stock units. Lasco Financial shed 26 cents to settle at $2.76 after an exchange of 11,135 shares, Medical Disposables rose 48 cents to close at $4.98 in transferring three units, 
MFS Capital Partners gained 13 cents to finish at $2.98 with the swapping of nine shares and Stationery and Office Supplies shed 50 cents in ending at $14 in trading 58,638 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Radio Jamaica trade swells JSE Main Market
Radio Jamaica dominated trading on the Jamaica Stock Exchange Main Market on Thursday with 241 million shares as Joseph Matalon transferred shares previously held by him and entities under his control to ICD Investments, pushing the volume of stocks traded by 1,811 percent and the value by 897 percent above Wednesday’s out turn, after trading in 58 securities up from 54 on Wednesday, with 23 rising, 21 declining and 14 ending unchanged.
A total of 246,792,291 shares were traded for $513,155,922 compared to 12,913,414 units at $51,455,919 on Wednesday. Trading averaged 4,255,040 stock units at $8,847,516 versus 239,137 shares at $952,887 on Wednesday.
Trading month to date averaged 861,796 units at $2,698,684 up from 151,297 units at $1,411,203 on the previous day. November closed with an average of 202,406 stock units at $1,736,493.
Radio Jamaica led trading with 241.05 million shares for 97.7 percent of total volume followed by Wigton Windfarm with 3.10 million units for 1.3 percent of trading and Pulse Investments with 699,740 units for 0.3 percent market share.
The All Jamaican Composite Index lost 2,606.04 points to end at 384,667.98, the JSE Main Index fell 1,030.71 points to 340,401.94 and the JSE Financial Index shed 0.31 points to close at 81.95.
The PE Ratio, a formula to ascertain appropriate stock values, averages 14 for the Main Market. The JSE Main and the USD Market PE ratios incorporate earnings forecasted by ICInsider.com for companies with the financial year ending between November and August 2023.
Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than the last selling prices and two with lower offers.
At the close, Barita Investments dipped $4.07 to end at $90.90 trading 8,629 shares, Eppley was marked up by $4.83 to $37 after a transfer of 39 units, Eppley Caribbean Property Fund advanced $2 to $44 with an exchange of 651 stocks. First Rock Real Estate shed $1 in ending at $12.50 after a transfer of 10,022 stock units, GraceKennedy declined $2.99 in closing at $82 with 74,313 stocks changing hands, Guardian Holdings climbed $20 to $540 with the swapping of just one share. 
Jamaica Broilers shed $1.57 to close at $26.03 in an exchange of 44,823 stock units, Jamaica Producers rose $1.50 to settle at $22.50 in switching ownership of 885 units, Jamaica Stock Exchange fell $1.47 to $15 with 2,514 stock units clearing the market. JMMB Group popped $1.45 to end at $33.45 trading 12,437 stocks, Kingston Wharves jumped $1.69 to $31.69 with 145,284 shares passing through the market, NCB Financial rose $1.99 to $82 in switching ownership of 21,195 units. Sagicor Group dropped $3 to finish at $48 in exchanging 233,350 stocks, Scotia Group lost 50 cents to close at $33.50 after 9,645 stock units crossed the exchange and Supreme Ventures dipped $1.01 to $26.95 with 105,169 units changing hands.
In the preference segment, Eppley 5% preference share popped $1.91 in closing at $21.03 as investors exchanged 11 shares, Eppley 7.25% preference share jumped $2.98 to $19.99 in transferring 200 stocks and JMMB Group 7.25% preference share fell 50 cents to close at $2.81 in trading 351 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading plunges on JSE USD Market
Just three securities traded on the Jamaica Stock Exchange US dollar market on Thursday, down from 10 on Wednesday as trading ended with the price of one rising, one declining and one closing unchanged, following a 41 percent decline in the volume of stocks changing hands valued 31 percent less than on Wednesday.
Overall, 163,448 shares were traded for US$5,282 compared to 278,175 units at US$7,682 on Wednesday.
Trading averaged 54,483 units at US$1,761 up from 27,818 shares at US$768 on Wednesday, with a month to date average of 26,614 shares at US$1,338 compared with 24,797 units at US$1,310 on the previous day. November ended with an average of 33,854 units for US$3,351.
The JSE US Denominated Equities Index popped 1.56 points to end at 226.35.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.2. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November and August 2023.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than the last selling prices and one stock with a lower offer.
At the close, Proven Investments gained 0.58 of a cent to close at 19.1 US cents while exchanging 1,500 shares and Transjamaican Highway fell 0.07 of a cent to 0.88 of one US cent, with 160,138 stocks crossing the market.
In the preference segment, JMMB Group 5.75% remained at US$1.95 after investors exchanged 1,810 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
