The Main Market of the Jamaica Stock Exchange fell in trading on Thursday as the Junior Market and the JSE USD market rose by a few points, with trading ended with the number of stocks changing hands falling, with the value of stocks traded jumping sharply over the previous trading day, resulting in prices of 43 shares rising and 24 declining.
At the close of trading, the JSE Combined Market Index lost 1,248.13 points to close at 345,918.56, the All Jamaican Composite Index declined 1,943.63 points to 368,612.99, the JSE Main Index dropped 1,377.96 points to 333,056.04. The Junior Market Index popped 5.05 points to 3,832.51 and the JSE USD Market Index advanced 5.04 points to close at 257.02.
At the close of trading, 16,660,602 shares were exchanged in all three markets, up from 13,838,528 units on Wednesday, with the value of stocks traded on the Junior and Main markets amounted to $44.73 million, down from $57.37 million on the previous day and the JSE USD market closed with an exchange of 157,614 shares for US$22,646 compared to 263,941 units at US$62,436 on Wednesday.
Trading in the Main Market was dominated by JMMB 9.5% preference share trading 6.95 million shares followed by Wigton Windfarm with 1.25 million units and Transjamaican Highway with 922,977 shares.
In the Junior Market, EduFocal led trading with 2.78 million shares followed by MFS Capital Partners with 495,943 units and Stationery and Office Supplies with 442,836 stocks.
At the close of trading on the Main Market Guardian Holdings gained $10 and ended at $370, JMMB Group increased 99 cents to end at $25.99, Massy Holdings climbed 99 cents to close at $98.99 and Sygnus Credit Investments climbed 93 cents to $11.73.
The major declining Main Market stocks are Jamaica Producers that fell $2.68 and ended at $23.32, NCB Financial shedding $1.95 to $65.05 and Seprod that lost $1.50 and ended at $85.50.
At the end of Junior Market trading, Dolphin Cove rose $1.46 to $18.98 and Caribbean Assurance Brokers shed 35 cents in closing at $2.09, Limners and Bards sank 42 cents to close at $1.30, MFS Capital Partners dropped 33 cents to end $2.11 and tTech skidded 49 cents to close at $2.
There were no stocks trading with a notable price change in the preference segment of the market.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21… on 2022-23 earnings and 14… times those for 2023-24 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons between the same sector companies and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Investors need pertinent information to navigate numerous investment options successfully in the 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 place them 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 net asset value of each company is reported as a guide for investors to assess the value of stocks based on this measure quickly. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends paid or payable and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume pertaining to the highest bid and the lowest offer for each company.
More gains for JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Wednesday, with the volume of stocks exchanged declining 13 percent after a big jump of 142 percent more US dollars chasing after stocks than on Tuesday, resulting in trading in eight securities, compared to seven on Tuesday with prices of four rising, one declining and three ending unchanged.
The market closed with trading in 263,941 shares for US$62,436 compared to 301,671 units at US$25,796 on Tuesday.
Trading averaged 32,993 shares at US$7,804 compared with 43,096 units at US$3,685 on Tuesday. Trading month to date ends with an average of 71,544 stock units at US$7,869 compared to 85,562 units at US$7,893 on the previous day and January that ended with an average of 42,169 units for US$5,037.
The US Denominated Equities Index increased 1.54 points to settle at 251.98., for a 9.1 percent gain in 2024.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.5. The PE ratio is computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending and or around August 2024.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, First Rock Real Estate USD share rallied 0.05 of a cent to close at 4.08 US cents with an exchange of 995 stock units, Margaritaville dipped 0.43 of one cent to 11 US cents after investors exchanged 4,044 shares, Proven Investments rose 0.2 of a cent and ended at 13 US cents, with 140,415 units changing hands. 
Sygnus Credit Investments ended at 8.9 US cents with 153 stock units crossing the exchange and Transjamaican Highway rose 0.03 of a cent to end at 2.04 US cents with traders dealing in 83,637 units.
In the preference segment, JMMB Group US8.5% preference share ended at US$1.15 after an exchange of 34,498 stocks, JMMB Group 5.75% popped 11 cents to US$1.81 with investors swapping a mere 15 shares and Sygnus Credit Investments US8% remained at US$10.50 with an exchange of 184 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading drops on JSE Main Market
Trading on the Jamaica Stock Exchange Main Market ended on Wednesday, with a 61 percent decline in the volume of stocks that changed hands, with a value 14 percent lower than on Tuesday, following activity in 58 securities compared with 57 on Tuesday, with prices of 18 stocks rising, 26 declining and 14 ending unchanged.
The market closed on Wednesday with 6,035,529 shares trading in exchange for $40,658,701 down from 15,570,107 units at $47,265,851 on Tuesday.
Trading averaged 104,061 shares at $701,012 compared to 273,160 units at $829,225 on Tuesday and for the month to date, an average of 192,005 units at $933,929, in comparison with 214,182 stock units at $992,664 on the previous day and January that closed with an average of 265,804 units at $2,438,118.
Wigton Windfarm led trading with 1.95 million shares for 32.3 percent of total volume followed by Transjamaican Highway with 1.44 million stock units for 23.8 percent of the day’s trade and Supreme Ventures with 519,186 units for 8.6 percent market share.
The All Jamaican Composite Index sank 2,284.76 points to finish at 370,556.62, the JSE Main Index rose 137.97 points to end trading at 334,434.00 and the JSE Financial Index dipped 0.45 points to close trading at 71.59.
The Main Market ended trading with an average PE Ratio of 13.6. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2024.
Investor’s Choice bid-offer indicator shows 15 stocks ended with bids higher than their last selling prices and two with lower offers.
At the close of the market, Eppley increased $4.75 and ended at $38.50 in trading 79 stock units, First Rock Real Estate popped 48 cents to $8.98, with 25 shares crossing the market, GraceKennedy gained 50 cents to end at $76 with investors swapping 44,453 stock units. Guardian Holdings fell $9 in closing at $360 in an exchange of 250 units, Jamaica Producers sank 85 cents to close at $26 with investors dealing in 11,087 stocks, JMMB Group rose $1 to $25 after a transfer of 24,605 units. Margaritaville declined $2.61 to end at $14.86 as investors exchanged 20 shares, Massy Holdings advanced $5 in closing at $98 with an exchange of 1,631 stock units, Mayberry Group shed 55 cents to close at $7.50 in an exchange of 1,083 shares. Mayberry Jamaican Equities dropped 49 cents and ended at $8.81 with traders dealing in 50 stocks, MPC Caribbean Clean Energy dropped $13.50 to $76.50, with 107 units crossing the exchange, NCB Financial skidded 99 cents to end at $67after 60,009 stock units changed hands. Pan Jamaica dipped 50 cents in closing at $50 with investors trading 40,360 shares, Proven Investments sank 50 cents to close at $22.50 after 7,991 stocks passed through the market, 
Sagicor Group dipped $1.97 and ended at $44 with investors transferring 5,364 units. Scotia Group lost $1.58 to close at $45 with 26,902 stock units clearing the market, Seprod rallied $1 in closing at $87 while exchanging 3,863 shares, Stanley Motta dropped 90 cents to end at $6.10 with a transfer of 1,730 stocks. Supreme Ventures climbed 69 cents and ended at $25.69 after exchanging 519,186 units and Sygnus Real Estate Finance shed 89 cents to close at $10.60 in switching ownership of 7,084 stock units,
In the preference segment, Eppley 7.50% preference share increased 33 cents to $6.63 after investors ended trading 2,580 shares and Sygnus Credit Investments C10.5% fell $1 to close at $106 after an exchange of 500 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading drops on the Junior Market
Trading dropped at the close of the Junior Market of the Jamaica Stock Exchange Wednesday, with the volume of stocks traded declining 46 percent, with a 60 percent fall in the value compared with Tuesday and ended with trading in 37 securities down from 44 on Tuesday with prices of 16 stocks rising, 11 declining and 10 closing unchanged.
The market closed on Wednesday with an exchange of 7,539,058 shares for $16,711,931 compared to 13,878,813 units at $41,634,700 on Tuesday.
Trading averaged 203,758 shares at $451,674, compared to 315,428 units at $946,243 on Tuesday with the month to date, averaging 213,894 units at $545,043 compared with 216,013 stock units at $564,561 on the previous day and January with an average of 175,081 units at $401,738.
EduFocal led trading with 1.14 million shares for 15.1 percent of total volume followed by Spur Tree Spices with 1.06 million units for 14 percent of the day’s trade and Dolla Financial with 760,918 stock units for 10.1 percent market share.
At the close of trading, the Junior Market Index popped 7.27 points to conclude trading at 3,827.46, with a decline for the year to date of 0.5 percent.
The Junior Market ended trading with an average PE Ratio of 13.5, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending around August 2024.
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 of the market, Blue Power advanced 35 cents in closing at $3.30 in an exchange of 15 shares, Dolla Financial declined 9 cents to $2.89 with investors trading 760,918 stocks, Dolphin Cove sank $1.48 after ending at $17.52, with 33,965 shares passing through the exchange. 
Fontana lost 25 cents to close at $10.25 with a transfer of 25,800 stock units, Indies Pharma rose 9 cents to end at $2.80 after trading of 325 shares, ISP Finance climbed $6.34 to $31.35 with just 5 stock units passing through the market. Lasco Distributors increased 18 cents to close at $4.03 with an exchange of 867 stock units, Limners and Bards popped 20 cents in ending at $1.72, with 85,255 stocks changing hands, Spur Tree Spices skidded 17 cents to end at $2.30 as investors exchanged 1,055,040 shares and Stationery and Office Supplies gained 15 cents in closing at $1.85 after an exchange of 572,489 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Mixed trading on the Jamaica Stock Exchange
Trading ended mixed on the Jamaica Stock Exchange on Wednesday as the Main Market indices ended mixed with moderate movements but the Junior Market and the JSE USD market rose moderately as trading ended with the number and the value of stocks changing hands falling, compared with Tuesday and resulting in prices of 30 shares rising and 36 declining.
At the close of trading, the JSE Combined Market Index climbed 193.07 points to close at 347,166.69, the All Jamaican Composite Index shed 2,284.76 points to lock up trading at 370,556.62, the JSE Main Index added just 137.97 points to end at 334,434.00. The Junior Market Index eked out a rise of 7.27 to end at 3,827.46 and the JSE USD Market Index gained 1.53 to close trading at 251.98.
At the close of trading, 13,838,528 shares were exchanged in all three markets, down from 29,750,591 units on Tuesday, with the value of stocks traded on the Junior and Main markets amounted to $57.37 million, from $88.9 million yesterday and the JSE USD market closed with an exchange of 263,941 shares for US$62,436 versus 301,671 units at US$25,796 on Tuesday.
Wigton Windfarm dominated trading in the Main Market, with 1.95 million shares followed by Transjamaican Highway with 1.44 million units and Supreme Ventures with 519,186 stock units.
In the Junior Market, EduFocal led trading with 1.14 million shares followed by Spur Tree Spices with 1.06 million units and Dolla Financialwith 760,918.
At the end of trading on the Main Market, Eppley increased $4.75 and ended at $38.50, JMMB Group rose $1 to $25, Massy Holdings advanced $5 in closing at $98 and Seprod rallied $1 in closing at $87.
The major declining Main Market stocks include Guardian Holdings which fell $9 in closing at $360, Margaritaville declining $2.61 to end at $14.86, MPC Caribbean Clean Energy losing $13.50 to $76.50, NCB Financial skidding by 99 cents to end at $67, Sagicor Group dipping $1.97 and ended at $44 and Scotia Group losing $1.58 to $45.
In the Junior Market, Blue Power advanced 35 cents in closing at $3.30, ISP Finance climbed $6.34 to $31.3, with the major losing stock being Dolphin Cove down $1.48 and ended at $17.52.
In the preference segment, Sygnus Credit Investments C10.5% share fell $1 to close at $106.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21.2 on 2022-23 earnings and 14.2 times those for 2023-24 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons between the same sector companies and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Investors need pertinent information to navigate numerous investment options successfully in the 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 place them 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 net asset value of each company is reported as a guide to quickly assess the value of stocks based on this measure. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends paid or payable and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume pertaining to the highest bid and the lowest offer for each company.
Trading climbs for JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Tuesday, with the volume of stocks that changed hands rising 62 percent after 276 percent more US dollars passed through the market than on Monday, resulting in trading in seven securities, compared to six on Monday with prices of one rising, three declining and three ending unchanged.
The market closed with an exchange of 301,671 shares for US$25,796 up from 186,772 units at US$6,867 on Monday.
Trading averaged 43,096 units at US$3,685 versus 31,129 shares at US$1,145 on Monday, with a month to date average of 85,562 shares at US$7,893 compared with 105,380 units at US$9,856 on the previous day and January with an average of 42,169 units for US$5,037.
The US Denominated Equities Index fell 1.58 points to conclude trading at 250.44.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.5. The PE ratio is computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending and or around August 2024.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Productive Business Solutions remained at US$1.79 after an exchange of 740 shares, Proven Investments dipped 0.59 of a cent to 12.8 US cents with a transfer of 2,213 units, Sygnus Credit Investments 
ended at 8.9 US cents with an exchange of 1,089 shares and Transjamaican Highway sank 0.04 of a cent to end at 2.01 US cents with an exchange of 284,663 stock units,
In the preference segment, JMMB Group US8.5% preference share advanced 11 cents to US$1.15, with 12,601 shares changing hands, Productive Business Solutions 9.25% preference share skidded 50 cents to US$11 as investors exchanged 50 stock units and Sygnus Credit Investments US 8% ended at US$10.50 in switching ownership of 315 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Bullish trend continue for JSE Main Market
Trading on the Jamaica Stock Exchange Main Market ended on Tuesday, with the market rising 2.6 percent based on the JSE Main Index continuing a 7.4 percent rally since mid-September last year as investors pumped 27 percent fewer dollars in buying 37 percent more stocks traded than they did on Monday, with trading taking place in 57 securities compared with 60 on Monday, with prices of 25 stocks rising, 22 declining and 10 ending unchanged as Scotia Group closed at a 52 weeks’ high.
The market closed with an exchange of 15,570,107 shares for $47,265,851 compared with 11,358,844 units at $65,164,581 on Monday.
Trading averaged 273,160 shares at $829,225 compared to 189,314 units at $1,086,076 on Monday and month to date, an average of 214,182 units at $992,664, compared with 194,750 units at $1,046,514 previously traded and January with an average of 265,804 units at $2,438,118.
Wigton Windfarm led trading with 5.62 million shares for 36.1 percent of the overall volume followed by Transjamaican Highway with 2.93 million units for 18.8 percent of the day’s trade, Sagicor Select Manufacturing & Distribution Fund filled in with 2.45 million units for 15.7 percent market share, Sagicor Select Financial Fund followed with 1.08 million units for 6.9 percent of the day’s trade and QWI Investments ended with 1.02 million units for 6.5 percent of total volume.
The All Jamaican Composite Index rose 3,627.70 points to close at 372,841.38, the JSE Main Index increased 918.50 points to 334,296.03 and the JSE Financial Index rose 1.14 points to 72.04.
The Main Market ended trading with an average PE Ratio of 13.7. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2024.
Investor’s Choice bid-offer indicator shows 11 stocks ended with bids higher than their last selling prices and six with lower offers.
At the close, Caribbean Cement shed 80 cents and ended at $53, with 12,160 shares changing hands, Eppley rallied 75 cents to $33.75 after a transfer of 293 units, Eppley Caribbean Property Fund popped $1 to end at $40 with traders dealing in 900 shares. First Rock Real Estate fell 50 cents in closing at $8.50 after an exchange of 30,243 stock units, GraceKennedy dipped $1.52 to close at $75.50 and closed with an exchange of 35,985 shares, Guardian Holdings climbed $9 to $369 with investors dealing in just one stock unit. Jamaica Broilers sank 38 cents to close at $34.12 in switching ownership of 32,966 units, Jamaica Producers increased 60 cents to end at $26.85 with investors trading 36,823 stock units, 
Massy Holdings declined $5.49 to close at $93, with 488 shares clearing the market. Mayberry Jamaican Equities rose 49 cents and ended at $9.30 in trading 1,790 stock units, NCB Financial advanced 99 cents to $67.99 while exchanging 60,232 stocks, Pan Jamaica gained 50 cents in closing at $50.50 with investors transferring 14,052 stock units. Sagicor Group rose $2.07 to end at $45.97 in an exchange of 32,348 shares, Salada Foods lost 30 cents and ended at $3.45 with investors swapping 23,691 stock units, Scotia Group climbed 68 cents to close at a 52 weeks’ high of $46.58 with a transfer of 32,385 stocks. Seprod rallied 87 cents to $86 as investors exchanged 44,814 units and Wisynco Group popped 35 cents and ended at $22.35, with 24,551 stocks crossing the market.
In the preference segment, Jamaica Public Service 7% gained $3.21 to end at $49.30 with an exchange of 562 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market pops higher on Tuesday
The Junior Market of the Jamaica Stock Exchange closed higher on Tuesday, with trading in 44 securities, down from 46 on Monday and ending with prices of only 14 stocks rising, 22 declining and eight closing unchanged after the volume of stocks traded jumped 161 percent, carrying a value that was 198 percent greater than in market activity on Monday
The market closed with trading of 13,878,813 shares for $41,634,700 up from a mere 5,320,099 stock units at $13,969,282 on Monday.
Trading averaged 315,428 shares at $946,243, compared with 115,654 units at $303,680 on Monday with the month to date, averaging 216,013 units at $564,561 compared to 183,124 stock units at $438,290 on the previous day and January with an average of 175,081 units at $401,738.
Dolla Financial led trading with 7.19 million shares before releasing full year results that were up in 2023, with a profit of $430 million versus $280 million in the previous year but earnings per share dipped to 17 cents from 18 cents in 2022. Future Energy followed with 3.25 million units and Tropical Battery with 817,037 stock units for 5.9 percent market share.
At the close of trading, the Junior Market Index increased 9.98 points to culminate at 3,820.19.
The Junior Market ended trading with an average PE Ratio of 13.4, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending around August 2024.
Investor’s Choice bid-offer indicator shows one stock ending with a bid higher than the last selling price and three with lower offers.
At the close, Cargo Handlers sank 23 cents to close at $14.40 in an exchange of 1,014 stock units, Caribbean Assurance Brokers rose 35 cents to close at $2.44 after 750 stocks were exchanged, Caribbean Cream fell 40 cents to $3.50, with 1,158 shares being traded. Consolidated Bakeries skidded 13 cents to $2.09 after trading 9,449 stock units, Dolla Financial rose 38 cents and ended at $2.98 as investors exchanged 7,187,009 shares, Fontana climbed 17 cents to $10.50, with 82,176 stocks clearing the market. Fosrich fell 8 cents and ended at $2.10 after an exchange of 309,773 units, Future Energy increased 8 cents to close at $3.70 and ended with an exchange of 3,250,558 stock units, Indies Pharma declined 10 cents in closing at $2.71 after 13,157 shares changed hands. 
ISP Finance shed $6.49 to end at $25.01 with investors transferring 27 units, Lasco Distributors dropped 15 cents to $3.85 with investors exchanging 101,806 stocks, Lasco Financial dipped 32 cents to close at $1.77 with a transfer of 94,155 stock units. Lasco Manufacturing popped 19 cents in closing at $4.94 while exchanging 7,180 shares, Limners and Bards rallied 12 cents to end at $1.52 with traders dealing in 24,717 units, Lumber Depot slipped 10 cents and ended at $2.50 after a transfer of 2,910 stocks and Stationery and Office Supplies gained 10 cents to close at $1.70 with investors swapping 146,423 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Main & Junior Market rises, USD market dips
The Main Market of the Jamaica Stock Exchange had another day of positive movements in trading on Tuesday as the Junior Market inched marginally higher and the JSE USD market slipped moderately as trading ended with the number of stocks changing hands climbing, with the value of stocks traded rising over the previous trading day, resulting in prices of 34 shares rising 42 declining.
Trading activity ended with the JSE Combined Market Index climbing 948.84 points to 346,973.62, the All Jamaican Composite Index rallied 3,627.70 points to end at 372,841.38, the JSE Main Index popped 918.50 points to 334,296.03. The Junior Market Index rose 9.98 points to 3,820.19 and the JSE USD Market Index dipped 1.58 points to close at 250.44.
At the close of trading, 29,750,591 shares were exchanged in all three markets, up from 16,865,715 units on Tuesday, with the value of stocks traded on the Junior and Main markets amounted to $88.9 million, up from $79.13 million yesterday and the JSE USD market ended trading with 301,671 shares for US$25,796, up from 186,772 units at US$6,867 on Monday.
Trading in the Main Market was led by Wigton Windfarm led trading with 5.62 million shares followed by Transjamaican Highway with 2.93 million units, Sagicor Select Manufacturing & Distribution Fund with 2.45 million units, Sagicor Select Financial Fund with 1.08 million units and QWI Investments with 1.02 million units.
In the Junior Market, Dolla Financial led trading with 7.19 million shares followed by Future Energy with 3.25 million units and Tropical Battery with 817,037 units.
At the close of the market, in the Main Market Eppley Caribbean Property Fund popped $1 to trading at $40, Guardian Holdings climbed $9 to end at $369, NCB Financial advanced 99 cents to $67.99 and Sagicor Group rose $2.07 to end at $45.97.
The major declining Main Market stock is GraceKennedy that dipped $1.52 to close at $75.50.
At the close of the Junior Market Caribbean Assurance Brokers advanced 35 cents to $2.44 and Dolla Financial rose 38 cents and ended at $2.98, while ISP Finance shed $6.49 to $25.01, Caribbean Cream lost 40 cents in closing at $3.50 and Lasco Financial dipped 32 cents to close at $1.77.
In the preference segment, Jamaica Public Service 7% gained $3.21 to end at $49.30.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 20.9 on 2022-23 earnings and 14.2 times those for 2023-24 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons between the same sector companies and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Investors need pertinent information to navigate numerous investment options successfully in the 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 place them 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 net asset value of each company is reported as a guide to quickly assess the value of stocks based on this measure. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends paid or payable and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume pertaining to the highest bid and the lowest offer for each company.
JSE USD Market closes higher
Trading on the Jamaica Stock Exchange US dollar market ended on Monday, with the volume of stocks exchanged declining 81 percent with 94 percent fewer US dollars changing hands compared to Friday, resulting in trading in six securities, up from four on Friday with prices of two rising, two declining and two ending unchanged.
The market closed with an exchange of 186,772 shares for US$6,867 compared to 1,000,615 units at US$122,251 on Friday.
Trading averaged 31,129 shares at US$1,145 down from 250,154 stock units for US$30,563 on Friday. Trading for the month to date averages 105,380 shares at US$9,856 compared to 154,880 stocks at US$15,664 that was previously traded and January that ended with an average of 42,169 units for US$5,037.
The US Denominated Equities Index increased 1.01 points to close at 252.02.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.5. The PE ratio is computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending and or around August 2024.
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, Margaritaville dipped 0.07 of a cent and ended at 11.43 US cents after 2,500 stock units passed through the market, Productive Business Solutions ended at US$1.79, with only 27 shares being traded, Proven Investments popped 0.09 of a cent to 13.39 US cents with a transfer of 17,272 shares. Sygnus Credit Investments lost 0.07 of a cent in closing at 8.9 US cents as investors exchanged 12,000 stock units and Transjamaican Highway rose 0.05 of a cent to close at a 52 week’s high of 2.05 US cents with 154,946 shares clearing the market.
In the preference segment, JMMB Group US8.5% preference share remained at US$1.04 with an exchange of 27 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
