Trading picked up sharply on the Jamaica Stock Exchange on Tuesday, with the value of stock trading three times that on Monday after all market indices fell, resulting in the JSE Combined Index a measure of the overall market, falling 5,584.37 points to 368,030.77.
The All Jamaican Composite Index shed 4,194.74 points to close at 405,094.01, the JSE Main Index dropped 5,837.99 points to 353,391.05, the Junior Market Index slipped 14.45 points to 4,181.32 and the JSE USD market Index dipped 7.98 points to 199.74.
Trading ended, with 43,928,769 shares changing hands with a value of $583.58 million, from $163.68 million, with 17,193,567 shares traded in the overall market on the previous day. The JSE USD market ended with the value of stocks traded at US$6,844 from US$13,623 on Monday.
The market’s PE ratio ended at 23.6 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 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.
All 3 JSE markets fall
Slippage in JSE USD market
Trading on the Jamaica Stock Exchange US dollar market ended on Monday, with the volume of stocks exchanged declining 82 percent and valued 63 percent less than on Friday, resulting from trading in nine securities, the same as on Friday with prices of four rising, three declining and two ending unchanged.
Overall, 223,078 shares were traded for US$13,623 compared to 1,269,887 units at US$37,144 on Friday. Trading averaged 24,786 units at US$1,514, down from 141,099 shares at US$4,127 on Friday, with a month to date average of 56,792 shares at US$4,853 versus 59,673 units at US$5,153 on the previous trading day. August ended with an average of 53,206 units for US$7,288.
The JSE US Denominated Equities Index lost 5.19 points to end at 207.72.
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 one stock ended with a bid higher than the last selling price and none with a lower offer.
At the close, 
First Rock Real Estate USD share increased 0.1 of a cent to close at 5 US cents as investors exchanged 175,180 shares, MPC Caribbean Clean Energy remained at US$1 trading one stock, Productive Business Solutions ended at US$1.3225 in an exchange of 171 units. Proven Investments lost 1.49 cents to end at 20.51 US cents after trading 3,000 stock units, Sterling Investments advanced 0.01 of a cent to 2.1 US cents, with 8,350 stocks crossing the market, Sygnus Credit Investments USD share dipped 1 cent to close at 10 US cents in switching ownership of 33,991 units. Sygnus Real Estate Finance USD share rose 1.72 cents in ending at 12.38 US cents in trading 786 stock units and Transjamaican Highway declined 0.08 of a cent to 0.82 of one US cent with a transfer of 1,593 shares.
In the preference segment, JMMB Group 6% climbed 5 cents to end at US$1.10 after trading 6 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE Main Market stocks gain
Stocks rose on Monday on the Jamaica Stock Exchange Main Market, as the volume of stocks traded rising 11 percent with a 23 percent fall. In value compared to Friday, following activity in 56 securities up from 54 on Friday, resulting in 27 rising, 21 declining and eight ending unchanged.
A total of 8,448,292 shares were traded for $133,833,060 compared to 7,640,097 units at $172,839,636 on Friday.
Monday’s trading averaged 150,862 units at $2,389,876 versus 141,483 shares at $3,200,734 on Friday and month to date, an average of 206,642 units at $2,403,674 compared to 211,382 units at $2,404,846 on the previous trading day. August closed with an average of 738,534 units at $5,975,613.
Wigton Windfarm led trading with 4.18 million shares for 49.5 percent of total volume followed by Transjamaican Highway with 864,808 units for 10.2 percent of the day’s trade and Barita Investments with 712,307 units for 8.4 percent market share.
The All Jamaican Composite Index climbed 1,243.77 points to 409,288.75, the JSE Main Index advanced 727.77 points to 359,229.04 and the JSE Financial Index gained 0.20 points to settle at 85.54.
The PE Ratio, a formula to ascertain appropriate stock values, averages 13.5 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 eight stocks ended with bids higher than their last selling prices and one stock with a lower offer.
At the close, Barita Investments rose 58 cents to $86.98, trading 712,307 shares, Berger Paints climbed 79 cents to $11.32 in switching ownership of 269,675 units, Eppley dropped $1.49 to $39.01 in an exchange of 700 stock units. Jamaica Broilers fell $1.50 to $28.50 after transferring 34,709 stocks, Jamaica Producers advanced $1 to $20.50, with 6,958 units crossing the exchange, Jamaica Stock Exchange popped 56 cents in closing at $16.50 after trading 14,324 shares. JMMB Group shed $1.39 to close at $40.11 trading 197,333 stock units, Mayberry Investments rallied 45 cents to $8 in exchanging 2,877 stocks, MPC Caribbean Clean Energy increased by 50 cents to $84 with investors transferring 148 units. NCB Financial gained $1.19 to $89.70 in exchanging 96,142 shares, PanJam Investment rose 70 cents to $59 after a transfer of 30,000 stocks, Proven Investments declined $1.96 to close at $30.02 with an exchange of 8,218 stock units. Sagicor Group lost $1.21 in closing at $52.30 with the swapping of 9,259 units, Salada Foods popped 58 cents to end at $4.68 while exchanging 28,857 shares, Seprod dipped 40 cents to $69.50 after 389 stocks crossed the market and Supreme Ventures rallied $2 to $29.50 and closed after 44,852 stock units changed hands.
In the preference segment, Eppley 5% preference share lost $3Sharon ending at $20.31, with two shares clearing the market,Jamaica Public Service 9.5% dropped $350to $2650 after exchanging 6,511 stock units. JMMB Group 7% preference share increased 55 cents to end at $2.50 crossing the market 19,040 stocks. Investors continue to push two preference shares to unrealistic values that defile logic, with 138 Student Living preference share advancing $9.75 to close at a record high of $74.75 after trading 78 units and Productive Business Solutions 9.75% preference share gaining $5 to $150 as investors exchanged six stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market dips on Monday
Trading closed on the Junior Market of the Jamaica Stock Exchange Monday, with the volume of stocks traded declining 27 percent less and the value 12 percent lower than on Friday with 44 securities trading versus 45 on Friday and ended with prices of 15 rising, 21 declining and eight closing unchanged.
A total of 8,522,197 shares were traded for $29,844,012 down from 11,654,778 units at $33,767,360 on Friday.
Trading averaged 193,686 shares at $678,273 compared to 258,995 units at $750,386 on Friday with a month to date average of 520,860 shares at $1,759,549 compared to 548,124 units at $1,849,655 on the previous trading day.
August closed with an average of 407,186 units at $1,330,946.
MFS Capital Partners led trading with 1.19 million shares for 14 percent of total volume, followed by iCreate, 1.03 million units for 12.1 percent of the day’s trade and ONE on ONE Educational with 1.01 million units for 11.9 percent market share.
At the close, the Junior Market Index lost 10.14 points to settle at 4,195.77.
The PE Ratio, a measure of computing appropriate stock values, averages 12.5. 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 five stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Access Financial rose 10 cents to $20.10 in exchanging 28,099 shares, AMG Packaging dropped 31 cents at $3.50 with a transfer of 51,633 stocks, Cargo Handlers lost 70 cents at $13.70, in switching ownership of 803 units. Caribbean Cream fell 71 cents to $3.99 with 10,170 stock units crossing the exchange, Dolla Financial shed 11 cents to $3.33 after exchanging 695,196 shares, Fontana climbed 47 cents to $9.48 after exchanging 109,287 stocks. Fosrich popped 12 cents to $4.12 trading 846,958 stock units, Future Energy Source dipped 10 cents to close at $5.20 aft trading 622,680 units, General Accident increased 10 cents in closing at $5.15 with 5,228 shares changing hands. Honey Bun declined 30 cents to end at $7.67 with an exchange of 80,556 units, iCreate declined 20 cents to $3.40 with investors transferring 1,034,270 stocks, Jamaican Teas gained 20 cents to $2.74, with 819,061 stock units crossing the market. KLE Group fell 49 cents to close at $1.58 after a transfer of 2,100 stock units, 
Mailpac Group advanced 28 cents to end at $2.50 as investors exchanged 26,737 stocks, Main Event rallied 29 cents in closing at $8, with 33,543 shares clearing the market. MFS Capital Partners dropped 15 cents to $3.20 after trading 1,193,650 units, ONE on ONE Educational dipped 10 cents in closing at $1.89 in 1,010,094 shares crossing the market and Stationery and Office Supplies lost 25 cents in ending at $15.95 while exchanging 61,779 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE Main Market gains Juniors slip
The Jamaica Stock Exchange closed on Monday, with the value of stock trading falling below Friday’s after the main market indices rose, while the USD and Junior markets declined, resulting in the JSE Combined Index a measure of the overall market, rising 587.87 points to 373,615.14.
The All Jamaican Composite Index rallied 1243.77 points to close at 409,288.75, the JSE Main Index shed 727.77 points to 359,229.05 the Junior Market Index slipped 10.14 points to 4,195.77 and the JSE USD market Index dropped 5.19 points to 207.72.
Trading ended, with 17,193,567 shares changing hands with a value of $163.68 million, from $206.6 million, with 20,564,762 shares traded in the overall market on the previous trading day. The JSE USD market ended with the value of stocks traded at US$13,623 from US$37,144 on Friday.
The market’s PE ratio ended at 24 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 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 JSE main market
More shares were traded on the Jamaica Stock Exchange Main Market on Friday, than on Thursday with the market value falling at the close after the volume of stocks traded rose 67 percent and the value jumped 204 percent more than on Thursday, with 54 securities trading compared to 50 on Thursday, with 23 rising, 20 declining and 11 ending unchanged.
A total of 7,640,097 shares were exchanged for $172,839,636, up from 4,582,527 units at $56,809,986 on Thursday. Trading averaged 141,483 units at $3,200,734 versus 91,651 shares at $1,136,200 on Thursday and month to date, an average of 211,382 shares at $2,404,846 compared to 217,620 units at $2,333,808 on the prior day. August closed with an average of 738,534 units at $5,975,613.
Wigton Windfarm led trading with 1.67 million shares for 21.8 percent of total volume followed by JMMB Group with 1.34 million units for 17.5 percent of the day’s trade and PanJam Investment with 1.02 million units for 13.4 percent market share.
The All Jamaican Composite Index shed 582.84 points to end at 408,044.98, the JSE Main Index fell 1,441.22 points to end the week at 358,501.27 and the JSE Financial Index popped 0.08 points to close at 85.34.
The PE Ratio, a formula to ascertain appropriate stock values, averages 13.4 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 nine stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, Caribbean Cement lost $3.30 in closing at $59.10 after exchanging 2,724 shares, Eppley rose $1.49 to close at $40.50, with 561 stock units crossing the market, GraceKennedy declined 50 cents to $93, with an exchange of 20,390 stocks. Guardian Holdings dipped $4 to $495 in exchanging 4,371 units, Jamaica Broilers climbed $1.50 to $30 as investors traded 112,061 shares, Jamaica Producers gained 45 cents to end at $19.50 in switching ownership of 3,198 stock units. Jamaica Stock Exchange shed 54 cents to close at $15.94 while exchanging 20,184 units, Massy Holdings dropped $3 in closing at $87, with 8,259 stocks changing hands, Mayberry Jamaican Equities fell $1 to $12 with a transfer of 6,110 shares. NCB Financial fell 49 cents to $88.51, with 80,705 units changing hands, Palace Amusement rallied $114.98 to $845 with investors transferring four stocks, PanJam Investment dipped 70 cents to close at $58.30, with 1,020,796 stock units clearing the market. Proven Investments popped 43 cents to end at $31.98 after a transfer of 24,698 shares, Sagicor Group increased 51 cents in ending at $53.51 after trading 1,856 stock units, Scotia Group advanced 50 cents in closing at $35, with 169,077 units crossing the market.
Seprod rose 88 cents in ending at $69.90 after an exchange of 66,269 stocks and Supreme Ventures shed 51 cents to close at $27.50 in trading 89,674 stocks.
In the preference segment, Eppley 5% preference share gained $2.01 to end at a 52 weeks’ high of $23.90 in exchanging two units and Eppley 7.50% preference share increased 40 cents to $7.90 after trading 27 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The JSE USD market jumps Friday
The Jamaica Stock Exchange US dollar market closed on Friday, with the market Index gaining 7.79 points to end at 212.91 after the volume of stocks traded rose 597 percent and the value climbed 139 percent more than on Thursday, resulting in nine securities traded, compared to eight on Thursday, with prices of four rising, two declining and three ending unchanged.
Overall, 1,269,887 shares were traded for US$37,144 compared to 182,299 units at US$15,525 on Thursday.
Trading averaged 141,099 units at US$4,127, up from 22,787 shares at US$1,941 Thursday, with a month to date average of 59,673 units at US$5,153 versus 51,620 at US$5,255 on the previous day. August ended with an average of 53,206 units for US$7,288.
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 one stock ended with a bid higher than the last selling prices and none with a lower offer.
At the close, First Rock Real Estate USD share increased 0.9 of a cent to close at 4.9 US cents, with 5,995 shares changing hands, Productive Business Solutions remained at US$1.3225, with 5,000 stock units crossing the market, 
Proven Investments ended at 22 US cents, with 49,000 units changing. Sterling Investments ended at 2.09 US cents, with 536 stocks crossing the exchange, Sygnus Credit Investments J$ share climbed 1.79 cents to end at 14.99 US cents after exchanging 150 stocks, Sygnus Credit Investments USD share declined 0.2 of a cent to 11 US cents while exchanging 76,230 units and Transjamaican Highway advanced 0.04 of a cent to 0.9 of none US cent after a transfer of 1,132,310 stock units.
In the preference segment, JMMB Group 5.75% rose 5 cents to close at US$1.80 with investors transferring 446 shares and JMMB Group 6% shed 2 cents to end at US$1.05 in switching ownership of 220 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market rises to close week
Trading levels fell sharply at the close of the Junior Market of the Jamaica Stock Exchange on Friday, with the volume of stocks traded declining 52 percent and the value 65 percent lower than on Thursday with 45 securities trading versus 42 on Thursday, with prices of 25 rising, 17 declining and three closing unchanged.
Investors exchanged 11,654,778 shares for $33,767,360 compared to 24,272,292 units at $95,687,158 on Thursday.
Trading on Friday, averaged 258,995 shares at $750,386, down from 577,912 units $2,278,266 on Thursday, with a month to date average of 548,124 units at $1,849,655 versus 575,062 units at $1,952,071 on the previous day. August closed with an average of 407,186 units at $1,330,946.
Mailpac Group led trading with 3.61 million shares for 31 percent of total volume followed by ONE on ONE Educational with 2.83 million units for 24.3 percent of the day’s trade and Tropical Battery with 984,115 units for 8.4 percent market share.
At the close, the Junior Market Index increased 16.54 points to 4,205.91. The PE Ratio, a measure of computing appropriate stock values, averages 13.1. 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 five stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, Access Financial shed $1.99 to end at $20 trading 2,391 shares, Blue Power fell 25 cents to $3.50 after an exchange of 17,146 stock units, Cargo Handlers popped 70 cents to $14.40 after 838 units changed hands. Dolla Financial climbed 14 cents to close at $3.44 with a transfer of 356,793 shares, Dolphin Cove lost 19 cents in ending at $15 with an exchange of 31,274 stock units, Express Catering rallied 10 cents to $5.55 with 75,300 stocks changing hands. Fontana dipped 49 cents to $9.01 in switching ownership of 370,028 shares, Fosrich declined 15 cents to close at $4 after exchanging 531,233 units, Future Energy Source rose 11 cents to end at $5.30 after a transfer of 709,748 shares. Honey Bun dropped 13 cents to $7.97 in exchanging 5,950 shares, iCreate increased 41 cents to $3.60 with investors transferring 635,501 stocks, Iron Rock Insurance lost 48 cents to choose at $2.80 after 50,299 stock units crossed the market. ISP Finance gained 87 cents to end at $23 while exchanging two stock units, KLE Group advanced 27 cents in closing at $2.07 as investors exchanged 50 units, Knutsford Express popped 25 cents to close at $7.25 in an exchange of 61 shares, Limners and Bards rallied 10 cents ending at $2.85, with 35,850 stocks crossing the market, Main Event fell 79 cents in closing at $7.71, with 14,677 stock units changing hands, MFS Capital Partners increased 16 cents to close at $3.35 in exchanging 71,332 shares. 
Paramount Trading climbed 13 cents to end at $1.94 with the swapping of 8,000 units, Stationery and Office Supplies shed 30 cents to $16.20, with 2,935 stocks clearing the market and Tropical Battery advanced 10 cents to close at $2.70 after an exchange of 984,115 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Mixed trading to close out week for JSE
The Jamaica Stock Exchange closed the week mixed on Friday, with the value of stock trading rising over Thursday after the main market indices fell, while the USD and junior markets rose, resulting in the JSE Combined Index a measure of the overall market, dropping 1,196.23 points to 373,027.27.
The All Jamaican Composite Index slid 582.84 points to close at 408,044.98, the JSE Main Index shed 1,441.22 points to 358,501.27, the Junior Market Index gained 16.54 points to settle at 4,205.91 and the JSE USD market Index climbed 7.79 points to 212.91.
Trading ended, with 20,564,762 shares changing hands with a value of $206.6 million, from $152.5 million, with 29,037,118 shares traded in the overall market on the prior trading day. The JSE USD market ended with the value of stocks traded at US$37,144 from US$15,525 on Thursday.
The market’s PE ratio ended at 23.9 based on 2021-22 earnings and 12.5 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.
Gain for JSE USD market
Trading on the Jamaica Stock Exchange US dollar market ended on Thursday, with the volume of stocks exchanged declining 72 percent and valued 17 percent less than on Wednesday, resulting in eight securities trading, compared to 10 on Wednesday with prices of three rising, one declining and four ending unchanged.
Overall, 182,299 shares were traded for US$15,525, down from 653,653 units at US$18,774 on Wednesday.
Trading averaged 22,787 units at US$1,941 compared with 65,365 shares at US$1,877 on Wednesday, with a month to date average of 51,620 shares at US$5,255 versus 54,399 units at US$5,574 on the previous day. August ended with an average of 53,206 units for US$7,288.
The JSE US Denominated Equities Index added 1.18 points to end at 205.12.
The PE Ratio, a measure used in computing appropriate stock values, averages 8. 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 ended with a higher bid than the last selling price and none with a lower offer.
At the close, First Rock Real Estate USD share remained at 4 US cents with the swapping of 149,648 shares, MPC Caribbean Clean Energy ended at US$1 in switching ownership of 13 units, 
Productive Business Solutions ended at US$1.3225 in an exchange of two stock units. Proven Investments climbed 1.5 cents to close at 22 US cents after exchanging 15,521 stocks, Sterling Investments remained at 2.09 US cents after just three shares crossed the market, Sygnus Credit Investments J$ share increased 1.2 cents to end at 13.2 US cents with an exchange of 800 stocks and Sygnus Credit Investments USD share declined 1.79 cents to close at 11.2 US cents in exchanging 11,808 stock units.
In the preference segment, JMMB Group 6% rose 2 cents to end at US$1.07 as investors exchanged 4,504 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
