Trading closed on the Junior Market of the Jamaica Stock Exchange Thursday, with the volume of stocks exchanged rising 68 percent, with a slightly higher value than Wednesday following activities in 42 securities, the same as Wednesday and ending with 15 rising, 18 declining and nine closing unchanged.
A total of 20,300,179 shares were exchanged for $40,240,995 up from 12,078,496 units at $38,559,683 on Wednesday. Trading averaged 483,338 shares at $958,119 against 287,583 shares at $918,088 on Wednesday, with month to date, averaging 515,490 units at $1,694,659 compared to 517,543 units at $1,741,672 on the previous day. August closed with an average of 407,186 units at $1,330,946.
Everything Fresh led trading with 11.80 million shares for 58.1 percent of total volume followed by Mailpac Group with 2.15 million units for 10.6 percent of the day’s trade, Tropical Battery contributed 1.44 million units for 7.1 percent of the market and iCreate with 1.19 million units for 5.8 percent market share.
At the close, the Junior Market Index gained 10.64 points to settle at 4,127.69.
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 ended with bids higher than their last selling prices and three with lower offers.
At the close, Caribbean Assurance Brokers lost 30 cents to end at $2.30, with 9,458 shares crossing the exchange, Caribbean Cream fell 79 cents to $4.01 after trading 5,353 stock units, Everything Fresh shed 38 cents to close at $1.30, with 11,802,613 shares crossing the market stocks. Express Catering dipped 29 cents to $5.25 after exchanging 29,480 units, Fontana rose 13 cents in closing at $9.25, with 125,886 stocks changing hands, Future Energy Source gained 19 cents to close at $5.29 after a transfer of 162,299 units. Honey Bun climbed 22 cents to $7.78 with the swapping off 2,682 stock units, iCreate declined 47 cents to $2.47 after 1,185,132 shares crossed the market, Jamaican Teas dropped 32 cents in closing at $2.68 after trading 261,442 shares. Lasco Distributors rallied 15 cents in ending at $3 after exchanging 16,166 stocks, Lasco Financial shed 19 cents to end at $2.71 trading 23,927 stock units, Mailpac Group declined 12 cents to $2.27 with an exchange of 2,154,913 units. 
Main Event lost $1 to close at $8 as investors exchanged 78,619 stocks, MFS Capital Partners advanced 34 cents in closing at $3.39, with 104,707 shares clearing the market, Paramount Trading increased 13 cents to $1.93 in exchanging 70,217 stock units. Spur Tree Spices popped 24 cents to close at $3.64 in trading 77,284 units, Stationery and Office Supplies increased $1.50 to end at $17.50 with investors transferring 46,000 stock units and tTech fell 44 cents in closing at $2.55 in switching ownership of just 1,312 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Sharp jump in trading to close September
Markets closed higher on a day of heavy trading on the Jamaica Stock Exchange, with 236 million shares changing hands, valued at $2.47 billion as all markets ended September higher than the close of August.
JSE Combined Index, a measure of the overall market, rallied 3,870.11 points to 376,221.72
Barita traded at a new high on Friday.
The All Jamaican Composite Index rose 3,872.20 points to 413,943.31, the JSE Main Index popped 3,792.45 points to 361,691.60, the Junior Market Index rallied 36.11 points to 4,229.54 and the JSE USD market Index slipped 0.66 points to close 215.55.
Barita Investments traded more than 6.5 million shares with a value of $705.6 million and Sagicor XFund traded 189.69 million shares at $1.56 billion.
Trading ended, with 236,220,291 shares changing hands, valued at $2.47 billion, up from $857.96 million, with 207,798,795 shares traded in all markets on the previous day. The JSE USD market ended with the value of stocks traded at US$51,064 from US$55,292 on Thursday.
The market’s PE ratio ended at 23.5 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 falls on JSE Main Market
Market activity on the Jamaica Stock Exchange Main Market ended on Wednesday, with the volume of stocks traded declining 18 percent with 58 percent less value than Tuesday, resulting in 52 securities trading compared to 56 on Tuesday, with 21 rising, 19 declining and 12 ending unchanged.
A total of 10,894,043 shares were exchanged for $200,361,949, down from 13,347,493 units at $482,583,082 on Tuesday. Trading averages 209,501 units at $3,853,114, versus 238,348 shares at $8,617,555 on Tuesday and month to date, an average of 208,980 units at $2,918,070, compared to 208,945 units at $2,855,006 on the previous trading day. August closed with an average of 738,534 units at $5,975,613.
Wigton Windfarm led trading with 3.89 million shares for 35.7 percent of total volume followed by Barita Investments with 1.29 million units for 11.9 percent of the day’s trade and Transjamaican Highway with 1.11 million units for 10.2 percent market share.
The All Jamaican Composite Index fell 299.62 points to 404,794.39, the JSE Main Index climbed 2,095.04 points to 355,486.09 and the JSE Financial Index slipped 0.33 points to 84.19.
The PE Ratio, a formula to ascertain appropriate stock values, averages 13.6 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 seven stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Berger Paints climbed 70 cents in closing at $11 after a transfer of 2,632 shares, Caribbean Cement gained $3 in ending at $62.30 with the swapping of 328,555 units, Caribbean Producers rose 57 cents to close at $13.80 with an exchange of 38,509 stocks. Carreras rallied 50 cents to $8.98, with 195,813 stock units clearing the market, Eppley Caribbean Property Fund advanced $3.40 to end at $42.40 changing hands 1,598 shares, First Rock Real Estate shed 75 cents to end at $11.50 in an exchange of 500 stock units. Jamaica Broilers increased 80 cents to $29.30 after exchanging 566,400 stocks, Jamaica Producers dipped $1.94 to $19.02 after exchanging 1,584 units, Jamaica Stock Exchange popped 49 cents to $17, with 20,556 shares crossing the market. JMMB Group fell 60 cents to close at $39.50 trading 468,760 stocks, Kingston Wharves advanced $4 in closing at $39 in switching ownership of 594 stock units, Massy Holdings lost $3.94 to $86.01 after trading 260 units. Mayberry Jamaican Equities increased 66 cents to close at $12.56, with 100,835 shares crossing the market, 138 Student Living rose 77 cents to end at $6.29 with an exchange if seven stock units, 
Portland JSX dropped 91 cents in ending at $9 as investors exchanged 2,500 stocks. Sagicor Group declined 50 cents to end at $50.50 in exchanging 141,695 units, Scotia Group dipped 50 cents to $34.50 while exchanging 7,460 units, Seprod popped $6 to $68 in trading 9,260 stocks and Supreme Ventures declined 50 cents in closing at $28.50 after trading 32,152 shares.
In the preference segment, 138 Student Living preference share shed $11.79 to close at $51.75 with investors transferring 109 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Rising JSE USD stocks edge out decliners
Trading on the Jamaica Stock Exchange US dollar market ended on Wednesday, with a 153 percent jump in the volume of stocks exchanged, with a 205 percent higher value than on Tuesday, resulting in four securities trading, compared to five on Tuesday with the prices of two rising, one declining and one ending unchanged.
Overall, 122,203 shares traded for US$20,869, up from 48,397 units at US$6,844 on Tuesday.
Trading averaged 30,551 shares at US$5,217 versus 9,679 units at US$1,369 on Tuesday, with a month to date average of 53,906 shares at US$4,718 versus 54,726 units at US$4,700 on the previous trading day. August ended with an average of 53,206 units for US$7,288.
The JSE US Denominated Equities Index slipped 0.11 points to end at 199.63.
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 none ended with a bid higher than the last selling prices and one stock with a lower offer.
At the close, First Rock Real Estate USD share shed 0.99 of one cent to close at 4.01 US cents after trading 12,900 shares, Proven Investments rallied 0.04 of a cent in ending at 20.55 US cents after the trading of 100,064 units, Sygnus Credit Investments USD share ended at 10 US cents trading 7,239 stocks and Transjamaican Highway gained 0.08 of a cent to 0.9 of one US cent, with 2,000 stock units crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Big drop for Junior Market
The Junior Market of the Jamaica Stock Exchange fell sharply on Wednesday, with the volume of stocks traded declining 60 percent from Tuesday’s outturn after investors exchanged 62 percent less funds, with 42 securities trading versus 44 on Tuesday and ended with 15 rising, 20 declining and seven closing unchanged.
A total of 12,078,496 shares were exchanged for $38,559,683 down from 30,532,879 units at $100,998,581 on Tuesday.
Trading ended with an average of 287,583 shares at $918,088 compared to 693,929 shares at $2,295,422 on Tuesday, with the month to date, averaging 517,543 units at $1,741,672 compared to 533,222 units at $1,797,825 on the previous day. August closed with an average of 407,186 units at $1,330,946.
Jamaican Teas led trading with 2.56 million shares for 21.2 percent of total volume followed by Fosrich with 1.96 million units for 16.2 percent of the day’s trade, iCreate ended with 1.77 million units for 14.6 percent of the market and Mailpac Group with 1.07 million units for 8.8 percent market share.
At the close, the Junior Market Index dropped 64.27 points to 4,117.05. The PE Ratio, a measure of computing appropriate stock values, averages 12.7.
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 five with lower offers.
At the close, Access Financial rose $1.99 to $21.99 in exchanging 100 shares, CAC 2000 gained $1.35 in closing at $8.25 with a transfer of 2,327 units, Caribbean Assurance Brokers advanced 30 cents to close at $2.60 in trading 516 stocks. Caribbean Cream gained 81 cents to $4.80 with an exchange of 10,023 stock units, Dolla Financial popped 10 cents to end at $3.25 while exchanging 985,337 stocks, Elite Diagnostic climbed 12 cents to $3.72 with 34,431 stock units clearing the market. Everything Fresh fell 11 cents to $1.68 with investors transferring 471,109 shares, Fontana dipped 18 cents to close at $9.12 after a transfer of 68,899 units, Honey Bun declined 10 cents to end at $7.56 with 15,000 stocks crossing the market. iCreate dropped 22 cents to $2.94 after trading 1,766,199 shares, Jamaican Teas rallied 19 cents in closing at $3 after exchanging 2,559,882 units, Lasco Distributors lost 10 cents to close at$2.85 after exchanging 5,747 stock units. Lasco Manufacturing shed 30 cents to end at $4.10 with 5,975 stock units crossing the exchange, Limners and Bards popped 25 cents to $3 in an exchange of 86,208 stocks, Mailpac Group climbed 18 cents to close at $2.39 with the swapping of 1,067,407 units. 
Main Event rose 50 cents in closing at $9 as investors exchanged 27,727 shares, Spur Tree Spices fell 11 cents to $3.40 after finishing trading of 498,247 units and Stationery and Office Supplies rallied 98 cents to end at $16, with just 501 stock units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Sharp Junior Market fall, Main Market steady
Trading slipped on the Jamaica Stock Exchange on Wednesday, with the value of stocks trading less than half of Tuesday’s trades, resulting in the JSE Combined Index, a measure of the overall market, rising 1,373.98 points to 369,404.75.
The All Jamaican Composite Index shed 299.62 points to close at 404,794.39, the JSE Main Index climbed 2,095.04 points to 355,486.09, the Junior Market Index dived 64.27 points to 4117.05 and the JSE USD market Index dipped 0.11 points to 199.63. The drop in the Junior Market Index was primarily driven by falls in Lasco Distributors, Lasco Manufacturing and Spur Tree Spices.
Trading ended, with 23,094,742 shares changing hands with a value of $238.9 million, from $583.58 million, with 43,928,769 shares traded in the overall market on the previous day. The JSE USD market ended with the value of stocks traded at US$20,869 from US$6,844 on Tuesday.
The market’s PE ratio ended at 23.5 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 jumps on JSE Main Market, prices fall
Market activity jumped on the Jamaica Stock Exchange Main Market on Tuesday, but that could not save the market from sinking at the close with the volume of stocks traded rising 58 percent with the value jumping 261 percent higher than Monday, after 56 securities traded similar to Monday, and resulting in prices of 18 rising, 22 declining and 16 ending unchanged.
A total of 13,347,493 shares were exchanged for $482,583,082 up from 8,448,292 units at $133,833,060 on Monday. Trading averages 238,348 units at $8,617,555, versus 150,862 shares at $2,389,876 on Monday and month to date, an average of 208,945 units at $2,855,006 compared to 206,642 units at $2,403,674 on the previous trading day. August closed with an average of 738,534 units at $5,975,613.
Wigton Windfarm led trading with 2.99 million shares for 22.4 percent of total volume followed by Barita Investments with 2.56 million units for 19.2 percent of the day’s trade, Transjamaican Highway with 1.93 million units for 14.5 percent market share, Massy Holdings with 1.70 million units for 12.8 percent of the market and PanJam Investment ended with 1.05 million units for 7.8 percent of trading.
The All Jamaican Composite Index dropped 4,194.74 points to 405,094.01 the JSE Main Index dived 5,837.99 points to 353,391.05 and the JSE Financial Index slipped 1.02 points to 85.54.
The PE Ratio, a formula to ascertain appropriate stock values, averages 13.1 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 one stock with a lower offer.
At the close, Barita Investments advanced 67 cents to $87.65 and closed with 2,563,691 shares being traded, Berger Paints shed $1.02 in closing at $10.30 while exchanging 1,044 stock units, Caribbean Producers lost 44 cents after ending at $13.23, with 16,741 stocks changing hands. Carreras dropped 52 cents to $8.48 after 44,622 units crossed the market, Eppley Caribbean Property Fund fell $3 to close at $39, with an exchange of 12,993 units, Jamaica Producers popped 46 cents to end at $20.96 in trading 7,127 shares. Kingston Wharves declined $2.50 to $35 after 37,915 stocks crossed the exchange, Massy Holdings climbed $2.95 to $89.95 after trading 1,703,213 stock units, MPC Caribbean Clean Energy dipped $16 to close at $68, with 44 stock units clearing the market. Palace Amusement increased $5 in closing at $850 after exchanging 91 units, PanJam Investment declined $1 to $58 with the swapping of 1,045,185 shares, Sagicor Group dropped $1.30 to end at $51 in exchanging 173,099 stocks. Seprod shed $7.50 to $62 with a transfer of 28,262 shares and Supreme Ventures lost 50 cents in closing at $29 after exchanging 45,951 stock units.
In the preference segment, Eppley 7.50% preference share fell $1.18 to $6.66 after a transfer of 323 stocks. Eppley 7.75% preference share gained $1 to close at $21 in an exchange of 59 units, 138 Student Living s preference share dipped $11.21 to $63.54 as investors exchanged 600 stock units and Productive Business Solutions 9.75% preference share dipped 50 cents in closing at $149.50 with investors transferring 130 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
No price change in the JSE USD market
Trading on the Jamaica Stock Exchange US dollar market ended on Tuesday, with the volume of stocks exchanged declining 78 percent and valued 50 percent less than on Monday, resulting in five securities traded, compared to nine on Monday with the prices of all five ending unchanged.
Overall, 48,397 shares were traded for US$6,844 compared to 223,078 units at US$13,623 on Monday.
Trading averaged 9,679 units at US$1,369 versus 24,786 shares at US$1,514 on Monday, with a month to date average of 54,726 shares at US$4,700 down from 56,792 units at US$4,853 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 7.98 points to end at 199.74.
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 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 ended at 5 US cents after exchanging 4,089 shares, MPC Caribbean Clean Energy remained at US$1 with just two stock units traded, Productive Business Solutions remained at US$1.3225 after a transfer of 2,002 stock units and Sygnus Credit Investments USD share ended at 10 US cents after exchanging 42,300 units.
In the preference segment, JMMB Group 6% remained at US$1.10 in switching ownership of 4 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Surge in Junior Market trading
Trading jumped sharply on the Junior Market of the Jamaica Stock Exchange on Tuesday, with the value of stocks traded surging 238 percent and the volume of stocks traded rising 258 percent more than on Monday as 44 securities traded similar to Monday and ended with prices of eight rising, 22 declining and 14 closing unchanged.
A total of 30,532,879 shares were exchanged for $100,998,581 compared to 8,522,197 units at $29,844,012 on Monday.
Trading averaged 693,929 shares at $2,295,422 compared to 193,686 shares at $678,273&l on Monday with month to date, averaging 533,222 units at $1,797,825 compared to 520,860 units at $1,759,549 on the previous day. August closed with an average of 407,186 units at $1,330,946.
Spur Tree Spices led trading with 16.28 million shares for 53.3 percent of total volume followed by Tropical Battery with 8.15 million units for 26.7 percent of the day’s trade and ONE on ONE Educational with 1.24 million units for 4 percent market share.
At the close, the Junior Market Index 14.45 points to settle at 4,181.32. The PE Ratio, a measure of computing appropriate stock values, averages 12.6. The PE ratios of Junior Market stocks incorporate ICInsider.com earnings for companies with financial year end that falls between November this year and August 2023.
Investor’s Choice bid-offer indicator shows 10 stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, Access Financial dropped 10 cents in ending at $20, with a transfer of 14,400 shares, Dolla Financial shed 18 cents to end at $3.15 in switching ownership of 909,780 stock units, EduFocal dipped 18 cents to $2.32 after a transfer of 231,415 stocks. Fontana fell 18 cents in closing at $9.30 after exchanging 130,220 units, General Accident declined 19 cents to $4.96 after 94,922 stocks changed hands, iCreate lost 24 cents to end at $3.16 and closed with trading of 733,672 units. Indies Pharma declined 10 cents to close at $2.98 in an exchange of 3,212 shares, KLE Group rallied 52 cents in closing at $2.10, with 11,085 stock units crossing the market, Lasco Distributors fell 16 cents to $2.95 as investors exchanged 103,444 stock units. Mailpac Group shed 29 cents in ending at $2.21 trading 46,200 shares, Main Event advanced 50 cents to $8.50, with 34,231 stocks crossing the market, MFS Capital Partners lost 10 cents to end at $3.10, with 351,531 units changing hands. 
Paramount Trading dropped 14 cents to $1.81 in exchanging 34,320 stocks, Spur Tree Spices dipped 22 cents to close at $3.51 after trading 16,279,503 stock units, Stationery and Office Supplies lost 93 cents in closing at $15.02 while exchanging 15,276 shares and Tropical Battery dropped 12 cents in ending at $2.55, with 8,152,443 units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
All 3 JSE markets fall
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.
