Trading closed on the Junior Market of the Jamaica Stock Exchange Friday, with the volume of stocks traded declining 21 percent and the value 26 percent lower than on Thursday, with 44 securities trading compared with 40 on Thursday and ended with prices of 18 stocks rising, 16 declining and 10 closing unchanged.
Investors traded 4,704,278 shares for $11,000,031 versus 5,932,563 units at $14,914,276 on Thursday.
Trading averaged 106,915 shares at $250,001 compared with 148,314 shares at $372,857 on Thursday with the month to date, averaging 221,353 units at $510,225 compared with 240,794 stock units at $554,433 on the previous day. July closed with an average of 326,541 units at $843,878.
EduFocal led trading with 1.02 million shares for 21.7 percent of total volume, followed by Stationery and Office Supplies with 533,275 units for 11.3 percent of the day’s trade and Image Plus Consultants with 369,657 units for 7.9 percent market share.
At the close, the Junior Market Index dipped 10.58 points to finish at 3,915.47.
The PE Ratio, a measure of computing appropriate stock values, averages 10.6. The PE ratios of Junior Market stocks are calculated using the last traded price in conjunction with ICInsider.com’s projected earnings for the financial years ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Access Financial lost $2.27 in ending at $22.88 with shareholders swapping 1,231 shares, AMG Packaging declined 20 cents in closing at $2.29 in an exchange of 79,192 units, Caribbean Assurance Brokers traded 150,750 shares and rallied 7 cents to close at $2.95. Caribbean Cream dropped 12 cents to end at $4.03 as investors exchanged 987 stocks, Dolphin Cove dipped 10 cents and ended at $16.40, with 613 stock units crossing the market, EduFocal fell 18 cents to close at $1.49 with an exchange of 1,022,469 stock units. Fosrich increased 16 cents to end at $2.16 after exchanging 276,968 units,
Honey Bun shed 69 cents to close at $6.05 after an exchange of 40,126 shares, ISP Finance dived $5.26 in closing at $21.23 in an exchange of 5,000 stocks. JFP Ltd rallied 10 cents and ended at $1.80 after a transfer of 2,601 shares, Lasco Manufacturing lost 12 cents to close at $4.88 after the price hit an intraday 52 weeks’ high of $5.29 and ended with 5,036 stocks being exchanged. The supply of Lasco Manufacturing shares has been drastically reduced over the past two weeks, a factor worth watching in the near term. Lumber Depot rose 12 cents to end at $2.07 with a transfer of 95,145 units. Main Event popped $1.05 in closing at $15.40 while exchanging 51,967 stocks, MFS Capital Partners advanced 8 cents to $2.48 and closed with an exchange of 21,035 units, 
Regency Petroleum climbed 8 cents and ended at $2.51 after 170,072 stocks changed hands and Spur Tree Spices dipped 10 cents to close at $2.20 after 262,428 shares passed through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Prices fall on the Jamaica Stock Exchange
All markets pulled back on the Jamaica Stock Exchange on Friday but for a minor movement upwards for the JSE USD Market following a drop in trading on the exchange.
At the close, the JSE Combined Market Index lost 2,235.99 points to close at 335,575.18, the All Jamaican Composite Index dropped 2,943.11 points to 353,626.53, the JSE Main Index shed 2,292.56 points to settle at 321,234.17, the Junior Market Index dipped 10.58 points to finish at 3,915.47, while the JSE USD Market Index popped 0.14 points to close at 242.40.
Preference share trading ended with notable price changes for Jamaica Public Service 7%, with a loss of $2 to $52 and 138 Student Living preference share that rose $8.50 to close at $93.48.
At the close, investors dealt in 12,495,973 shares in all three markets, down from 22,726,982 stocks on Thursday. The value of stocks traded in the Junior and Main Markets ended at $64.3 million, down sharply from $305.8 million on Thursday. Trading on the JSE USD market ended with investors exchanging 118,609 shares for US$17,580, compared with 1,054,854 units at US$35,623 on Thursday.
The market’s PE ratio, the most popular measure used to determine the value of stocks ended at 17.4 on 2022-23 earnings and 11.7 times those for 2023-24 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange. It shows companies 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 successfully navigate numerous investment options in the local stock market. The ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
Investors should use the chart to help make rational decisions when investing in stocks close to the average for the sector and not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and 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 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.
JSE Main Market slips on Thursday
Trading activity on the Jamaica Stock Exchange Main Market ended on Thursday, with the volume of stocks traded dipping 16 percent but with the value 184 percent greater than on Wednesday, following trading in 56 securities compared with 59 on Wednesday, with 22 rising, 23 declining and 11 ending unchanged.
A total of 15,739,565 shares were traded for $290,871,744 compared to 18,751,692 units at $102,393,251 on Wednesday.
Trading averaged 281,064 shares at $5,194,138 versus 317,825 shares at $1,735,479 on Wednesday and month to date, an average of 584,813 units at $2,510,650, compared to 644,082 units at $1,987,042 on the previous day. July closed with an average of 283,368 units at $2,135,482.
Sagicor Select Financial Fund led trading with 3.34 million shares for 21.2 percent of total volume, followed by NCB Financial with 3.24 million units for 20.6 percent of the day’s trade as Stanley Motta ended with 2.04 million units for 12.9 percent market share, Wigton Windfarm closed with 1.83 million units for 11.6 percent market share and Transjamaican Highway with 1.25 million units for 7.9 percent of total volume.
The All Jamaican Composite Index slipped 201.95 points to finish at 356,569.64, the JSE Main Index shed 2,566.81 points to 323,526.73 and the JSE Financial Index fell 0.90 points to end trading at 71.43.
The PE Ratio, a formula used to compute appropriate stock values, averages 13 for the Main Market. The JSE Main and USD Market PE ratios are calculated based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending up to August 2024.
Investor’s Choice bid-offer indicator shows seven stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Barita Investments rose 60 cents and ended at $75.05 after closing with an exchange of 112,578 shares, Caribbean Cement rallied 80 cents to $52 with 27,619 stocks changing hands, Eppley Caribbean Property Fund popped $2.93 to close at $41.94 in switching ownership of 721 units. First Rock Real Estate climbed 50 cents to end at $9.50, with 600 stock units clearing the market, 
GraceKennedy fell $1.48 in closing at $76.02 while 182,784 stocks passed through the market, Jamaica Producers advanced 95 cents in closing at $20.15 after an exchange of 2,032 stock units. Jamaica Stock Exchange dropped $1 to close at $10 in an exchange of 334,799 shares, Margaritaville increased 79 cents to $16.59, with 1,000 units crossing the market, Massy Holdings gained $2.01 to end at $103 after investors exchanged 1,549 units. Mayberry Investments lost 40 cents and ended at $8.30, with 9,296 stocks crossing the market, NCB Financial dropped $4.11 to end at $69.99 after the price hit an intraday 52 weeks’ low of $52 with shareholders swapping 3,241,324 stock units, 138 Student Living advanced 40 cents in closing at $4.51 in trading 32 shares. Pan Jamaica declined 50 cents and ended at $46 in an exchange of 5,984 units, Sagicor Group shed 50 cents to close at $44.50, with stakeholders exchanging 17,585 shares, Seprod dropped 50 cents to close at $70 while trading 11,984 stocks. 
Supreme Ventures rose $1.18 and ended at $28.79 with a transfer of 692 stock units and Sygnus Credit Investments dipped 59 cents to close at $11.50, with 1,809 stock units changing hands.
In the preference segment, Eppley 7.25% preference share fell 50 cents in closing at $18 after a transfer of 28,872 shares and Jamaica Public Service 7% shed $1 to end at $54, trading one unit.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading picks up on JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Thursday, with the volume of stocks changing hands rising 360 percent with a value that is 74 percent more than on Wednesday and resulting in the trading of six securities, compared to eight on Wednesday, with three rising, one declining and two ending unchanged.
A total of 1,054,854 shares were traded for US$35,623 compared with 229,429 units at US$20,421 on Wednesday.
Trading Thursday averaged 175,809 shares at US$5,937 compared with 28,679 units at US$2,553 on Wednesday, with a month to date average of 49,555 shares at US$2,870 compared to 32,721 units at US$2,461 on the previous day. July ended with an average of 95,306 units for US$2,965.
The US Denominated Equities Index slipped 0.47 points to finish at 242.27.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.1. 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 between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Productive Business Solutions ended at US$1.80 with a transfer of 100 shares, Proven Investments remained at 14.8 US cents with an exchange of 58,000 units, 
Sygnus Credit Investments rallied 0.02 of a cent to end at 10.91 US cents as investors exchanged 4,838 stock units and Transjamaican Highway dipped 0.05 cents to 1.6 US cents after 986,787 stocks passed through the exchange.
In the preference segment, JMMB Group 5.75% advanced 5 cents to end at US$1.95, with stakeholders exchanging 5,079 units and Productive Business Solutions 9.25% preference share gained 30 cents and ended at US$12, with 50 stock units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
More gains for Junior Market
Trading closed on the Junior Market of the Jamaica Stock Exchange Thursday, with the volume of stocks traded declining 75 percent and the value 69 percent lower than on Wednesday, with trading in 40 securities compared with 44 on Wednesday and ended with 12 rising, 17 declining and 11 closing unchanged.
A total of traded 5,932,563 shares for $14,914,276 versus 24,163,009 units at $48,793,161 on Wednesday.
Trading averaged 148,314 shares at $372,857 compared to 549,159 shares at $1,108,935 on Wednesday, with the month to date averaging 240,794 units at $554,433 compared with 257,685 stock units at $587,598 on the previous day. July closed with an average of 326,541 units at $843,878.
EduFocal led trading with 1.49 million shares for 25.2 percent of total volume, followed by Stationery and Office Supplies with 1.06 million units for 17.8 percent of the day’s trade and Dolla Financial with 607,418 units for 10.2 percent market share.
At the close, the Junior Market Index rose for a second day with an increase of 11.60 points to end at 3,926.05.
The PE Ratio, a measure of computing appropriate stock values, averages 10.7. 
The PE ratios of Junior Market stocks are calculated using the last traded price in conjunction with ICInsider.com’s projected earnings for the financial years ending between November 2023 and August 2024. Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Access Financial shed 15 cents to end at $25.15 after 9 shares changed hands, Blue Power rose 15 cents to close at $2.50 after trading 23,061 stocks, Caribbean Flavours climbed 10 cents to $1.33 in switching ownership of 212 units, Consolidated Bakeries gained 15 cents and ended at $2.75 and closed with an exchange of 102 stock units. Dolla Financial lost 18 cents to end at $2.78 after 607,418 units crossed the exchange, Dolphin Cove advanced 30 cents to close at $16.50 with an exchange of 1,000 shares, Everything Fresh fell 19 cents to $1.34 in trading 58,667 stocks, 
Fosrich declined 15 cents in closing at 52 weeks’ low of $2, with 245,588 stock units crossing the market. General Accident increased 19 cents to end at $4.89 after exchanging 17,000 stock units, Honey Bun rallied 49 cents and ended at $6.74, with 123,232 units crossing the market, Image Plus Consultants dipped 9 cents in ending at $2.11 with a transfer of 271,562 stocks, ISP Finance popped 49 cents to end at $26.49, with 144 shares clearing the market. Lasco Distributors advanced 25 cents to $4.10 after an exchange of 91,515 stocks, Limners and Bards dipped 9 cents in closing at $1.71 as investors exchanged 154,434 shares, Lumber Depot shed 13 cents to close at $1.95 while exchanging 59,020 units, MFS Capital Partners fell 10 cents to $2.40 after a transfer of 63,103 stock units.
Regency Petroleum dipped 8 cents to $2.43 in an exchange of 180,460 units and Spur Tree Spices gained 10 cents to end at $2.30, after 10,000 stocks changed hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Juniors rise Majors fall on Jamaica Stock Exchange
Trading pulled back from Wednesday’s heightened levels but the value remained elevated above recent norms on the Jamaica Stock Exchange and ended with the Junior Market recovering some lost more of Tuesday’s losses but the JSE US dollar Market index slipped moderately while the Main Market declined.
At the close, the JSE Combined Market Index lost 2,288.84 points to close at 337,811.17, the All Jamaican Composite Index dropped 3,625.62 points to finish at 356,569.64, the JSE Main Index declined 2,566.81 points to end trading at 323,526.73, the Junior Market Index rose 11.60 points to close at 3,926.05 while the JSE USD Market Index slipped 0.47 points to close at 242.26.
Preference share trading ended with only one notable price change, with Jamaica Public Service 7% shedding $1 to end at $54.
At the close, investors dealt in 22,726,982 shares, in all three markets, down from 157,667,269 stocks on Wednesday. The value of stocks traded in the Junior and Main Markets ended at $305.8 million, up from $630 million on Wednesday. Trading on the JSE USD market ended with investors exchanging 1,054,854 shares for US$35,623 , compared with 229,429 units at US$20,421 on Wednesday.
The market’s PE ratio, the most popular measure used to determine the value of stocks ended at 17.6 on 2022-23 earnings and 11.7 times those for 2023-24 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange. It shows companies 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 successfully navigate numerous investment options in the local stock market. The ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
Investors should use the chart to help make rational decisions when investing in stocks close to the average for the sector and not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and 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 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.
Trading climbs on the JSE Main Market
Trading activity on the Jamaica Stock Exchange Main Market ended on Wednesday, with the volume of stocks traded rising 14 percent, with an 86 percent higher value than Tuesday, after investors traded in 59 securities, the same number as they did on Tuesday, with the market closing with prices of 19 rising, 23 declining and 17 ending unchanged.
Some 18,751,692 shares were traded at $102,393,251 versus 16,406,460 units at $54,958,585 on Tuesday.
Trading averaged 317,825 shares at $1,735,479 compared to 278,076 units at $931,501 on Tuesday and month to date, an average of 644,082 units at $1,987,042, compared with 728,508 units at $2,052,140 on the previous day. July closed with an average of 283,368 units at $2,135,482.
JMMB Group 7.35% – 2028 led trading with 5.21 million shares for 27.8 percent of total volume, followed by Transjamaican Highway with 3.49 million units for 18.6 percent of the day’s trade, Wigton Windfarm ended with 2.44 million units for 13 percent market share, Transjamaican Highway 8% with 2.42 million units for 12.9 percent market share and Stanley Motta with 1.41 million units for 7.5 percent of total volume.
The All Jamaican Composite Index dropped 1,551.91 points to 360,195.26, the JSE Main Index dipped 647.92 points to 326,093.54 and the JSE Financial Index slipped 0.19 points to end at 72.33.
The PE Ratio, a formula used to compute appropriate stock values, averages 12.9 for the Main Market. The JSE Main and USD Market PE ratios are calculated based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending up to August 2024.
Investor’s Choice bid-offer indicator shows eight stocks ending with bids higher than their last selling prices and eight with lower offers.
At the close, Barita Investments declined $1.86 to close at $74.45 in trading 21,438 shares, Caribbean Cement dropped $5 to $51.20 in an exchange of 247,131 stock units, Eppley Caribbean Property Fund lost $2.94 in closing at $39.01 with shareholders swapping 3,565 stock units. Guardian Holdings dipped $12 to end at $440, with just one unit crossing the market, Jamaica Broilers fell $1.45 and ended at $32.55 as 98,395 stocks passed through the market, Jamaica Stock Exchange shed 49 cents and ended at $11 in switching ownership of 105,985 shares. JMMB Group climbed 50 cents to end at $28, with stakeholders exchanging 5,405 units,
Key Insurance advanced 38 cents to $2.89 and closed at 17,231 stock units, Massy Holdings gained 99 cents in closing at $100.99, with 3,159 stocks crossing the market. NCB Financial shed 35 cents to close at $74.10 after 63,410 units passed through the exchange, 138 Student Living dipped 54 cents to $4.11 in an exchange of 17,629 stock units, Pan Jamaica lost 55 cents to close at $46.50, with 5,656 shares changing hand. Proven Investments rose 64 cents in closing at $22.05 with investors transferring 6,769 stocks, Sagicor Group popped 50 cents and ended at $45 with a transfer of 41,613 stock units, Seprod rallied 50 cents to end at $70.50 after a transfer of 17,282 shares. Supreme Ventures declined $1.84 to close at $27.61 in trading 127,714 units and Wisynco Group increased 50 cents to end at $17.50 with 180,211 stock units clearing the market.
In the preference segment, Productive Business Solutions 9.75% preference share dropped $2.95 to $100 after an exchange of 128 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Juniors recover some of Tuesday’s loss
Trading surged on the Junior Market of the Jamaica Stock Exchange Wednesday, with a 246 percent jump in the volume of stocks traded accompanied by a 197 percent rise in value over Tuesday, 
following trading in 44 securities compared with 47 on Tuesday and ended with 16 rising, 21 declining and seven closing unchanged.
Investors traded 24,163,009 shares for $48,793,161 up from 6,987,786 units at $16,424,294 on Tuesday.
Trading averaged 549,159 shares at $1,108,935 compared with 148,676 shares at $349,453 on Tuesday. The month to date, averages 257,685 units at $587,598 compared with 184,400 stock units at $456,518 on the previous day. July closed with an average of 326,541 units at $843,878.
Mailpac Group led trading with 16.6 million shares for 68.7 percent of total volume, followed by Stationery and Office Supplies with 2.17 million units for 9 percent of the day’s trade and mage Plus Consultants with 1.02 million units for 4.2 percent of the day’s trade.
At the close, the Junior Market Index increased 31.96 points to 3,914.45.
The PE Ratio, a measure of computing appropriate stock values, averages 10.7. The PE ratios of Junior Market stocks are calculated using the last traded price in conjunction with ICInsider.com’s projected earnings for the financial years ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Cargo Handlers fell 20 cents and ended at $18.80 as investors exchanged 1,140 shares, Caribbean Flavours shed 12 cents to close at $1.23 after a transfer of 100 units, Consolidated Bakeries declined 18 cents to $2.60, with 11,961 stock units crossing the market, Dolphin Cove dropped 80 cents to end at $16.20 after exchanging 1,500 stocks, EduFocal dipped 12 cents in closing at $1.67 after 55,500 units crossed the market, 
Express Catering rallied 46 cents in closing at $5.11 while exchanging 5,908 shares, General Accident lost 20 cents in ending at $4.70 in switching ownership of 800 stocks, Honey Bun popped 57 cents to $6.25, with 1,663 stock units changing hands, Image Plus Consultants dipped 10 cents to close at $2.20 with shareholders swapping 1,017,821 units, Indies Pharma fell 15 cents to end at $3 with a transfer of 13,318 shares, ISP Finance advanced $1 and ended at $26, with 3,029 stock units crossing the exchange, Lasco Manufacturing climbed 43 cents in closing at $5 in trading 75,717 stocks, Limners and Bards increased 10 cents to end at $1.80 after investors traded 1,420 stock units, 
Stationery and Office Supplies shed 20 cents to $1.97 with an exchange of 2,166,626 shares and tTech rose 54 cents to close at $2.26, with stakeholders exchanging 718 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading picks up for JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Wednesday, with the volume of stocks changing hands rising 189 percent, valued 1,194 percent more than in trading on Tuesday and resulted in trading in eight securities, compared to 10 on Tuesday, with four rising, two declining and two ending unchanged.
Overall, 229,429 shares were traded for US$20,421 compared with 79,376 units at US$1,578 on Tuesday.
Trading averaged 28,679 units at US$2,553 versus 7,938 shares at US$158 on Tuesday, with a month to date average of 2,721 units at US$2,461 compared with 33,595 stock units at US$2,442 on the previous day. July ended with an average of 95,306 units for US$2,965.
The US Denominated Equities Index added 1.04 points to close trading at 242.73.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.1. The PE ratio is calculated based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending between November 2023 and August 2024.
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, First Rock Real Estate USD share ended at 4 US cents after a transfer of 2,868 shares, 
Margaritaville dipped 0.44 of a cent to close at 10.9 US cents, with 1,005 stock units crossing the market, MPC Caribbean Clean Energy added 0.1 of a cent to end at 62.8 US cents in an exchange of one unit, Proven Investments advanced 0.3 of a cent to 14.8 US cents with 128,254 stocks clearing the market. Sterling Investments popped 0.21 of a cent in closing at 1.96 US cents while exchanging 7,024 shares, Sygnus Credit Investments remained at 10.89 US cents with shareholders swapping 1,005 units and Transjamaican Highway increased 0.05 of a cent to end at 1.65 US cents after closing with an exchange of 89,229 stock units.
In the preference segment, JMMB Group 5.75% dipped 10 cents in closing at US$1.90 after 43 stocks crossed the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading surges on Jamaica Stock Exchange
Trading surged on Wednesday well over Tuesday’s levels on the Jamaica Stock Exchange with 158 million shares changing hands at $630 million. At the close, the Junior Market Index recovered 31.96 of the 59.53 points it lost on Tuesday to close at 3,914.45 and the JSE US dollar Market rose moderately while the Main Market declined.
At the close, the JSE Combined Market Index rose 312.01 points to close at 340,100.03, the All Jamaican Composite Index shed 1,551.91 points to close at 360,95.26, the JSE Main Index declined by 647.92 points to close at 326,093.54, while the JSE USD Market Index popped 1.04 points to close at 242.73.
Preference share trading ended with Productive Business Solutions 9.75% preference share being the only notable price change, with the price falling $2.95 to end at $100.
At the close, investors dealt in 157,667,269 shares in all three markets, up from 23,473,622 stocks on Friday. The value of stocks traded in the Junior and Main Markets ended at $630 million, up from $71.38 million on Tuesday. Trading on the JSE USD market ended with investors exchanging 229,429 shares for US$20,421, compared with 37,378 units at US$906 on Tuesday.
The market’s PE ratio, the most popular measure used to determine the value of stocks ended at 17.6 on 2022-23 earnings and 11.7 times those for 2023-24 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange. It shows companies 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 successfully navigate numerous investment options in the local stock market. The ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
Investors should use the chart to help make rational decisions when investing in stocks close to the average for the sector and not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and 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 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.
