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 picks up for JSE USD Market
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.
Trading plunges on JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Tuesday, with an 89 percent fall in the volume of stocks changing hands, with a 93 percent lower value than Friday and resulting in 10 securities being traded, compared to nine on Friday, with three rising, two declining and five ending unchanged.
Overall, 79,376 shares were traded for US$1,578 compared with 745,414 units at US$22,909 on Friday.
Trading averaged 7,938 units at US$158 compared with 82,824 shares at US$2,545 on Friday, with a month to date average of 33,595 shares at US$2,442 compared with 43,097 units at US$3,288 on the previous trading day. July ended with an average of 95,306 units for US$2,965.
The US Denominated Equities Index rallied 1.07 points to end at 241.69.
The PE Ratio, a measure used in computing appropriate stock values, averages 9. 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 one stock ending with a bid higher than the last selling price and one with a lower offer.
At the close, First Rock Real Estate USD share remained at 4 US cents after a transfer of 267 shares, Margaritaville dropped 0.01 of a cent to end at 11.34 US cents with a transfer of 95 units, Productive Business Solutions ended at US$1.80 and closed with six stock units being exchanged. 
Proven Investments remained at 14.5 US cents with shareholders swapping 1,276 stocks, Sterling Investments climbed 0.15 of a cent in closing at 1.75 US cents, with 2,000 stocks crossing the market, Sygnus Credit Investments popped 1.89 cents to 10.89 US cents with investors trading 26 stock units. Sygnus Real Estate Finance USD share ended at 10 US cents, with 11 shares changing hands and Transjamaican Highway fell 0.01 of a cent to close at 1.6 US cents after 75,641 units crossed the market.
In the preference segment, JMMB Group 5.75% ended at US$2 as investors exchanged 49 shares and JMMB Group 6% rose 3 cents to end at US$1.08 in an exchange of 5 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market plunges
The Junior Market of the Jamaica Stock Exchange suffered a big drop on Tuesday, following a 19 percent fall in the volume of stocks traded, valued 22 percent lower than on Friday, after trading in 47 securities compared with 42 on Friday and ended with 17 rising, 20 declining and 10 closing unchanged and four closing at 52 weeks’ low.
A total of 6,987,786 shares were traded for $16,424,294, down from 8,609,687 units at $20,924,228 on Friday.
Trading averaged 148,676 shares at $349,453, compared with 204,993 stocks at $498,196 on Friday with the month to date averaging 184,400 units at $456,518 compared to 197,517 stock units at $495,832 on the previous trading day. July closed with an average of 326,541 units at $843,878.
Stationery and Office Supplies led trading with 1.47 million shares for 21.1 percent of total volume, followed by Dolla Financial with 1.41 million units for 20.1 percent of the day’s trade and JFP Ltd with 973,410 units for 13.9 percent market share.
At the close, the Junior Market Index dropped 59.53 points to close trading at 3,882.49.
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 one stock ended with a bid higher than the last selling price and three with lower offers.
At the close, AMG Packaging gained 20 cents in closing at $2.49 with shareholders swapping 580 shares, Blue Power lost 17 cents to end at $2.35, with 19,460 stocks crossing the market, CAC 2000 declined $1.45 and ended at a 52 weeks’ low of $4.53 in an exchange of 5,302 units, Caribbean Assurance Brokers popped 30 cents to close at all $2.90 after an exchange of 1,008 units. Caribbean Cream rose 10 cents to $4.15, with 4,918 stock units crossing the market, Caribbean Flavours increased 12 cents to close at $1.35 with an exchange of 204 stocks, EduFocal climbed 13 cents to end at $1.79 in switching ownership of 4,260 shares, Elite Diagnostic advanced 10 cents in closing at $2.10, with 305 units changing hands. 
Express Catering dropped 53 cents to $4.65 with investors transferring 57,266 units, Honey Bun shed 62 cents and ended at a 52 weeks’ low of $5.68 after 89,092 stocks passed through the market, Image Plus Consultants rallied 8 cents in closing at $2.30 with a transfer of 257,407 shares, Indies Pharma climbed 11 cents to end at $3.15 in trading 1,205 stock units. Iron Rock Insurance dipped 31 cents to $2.10, with investors exchanging 22,991 stock units, Lasco Distributors fell 34 cents to close at $3.86 while trading 14,288 shares, Limners and Bards dipped 29 cents and ended at a 52 weeks’ low of $1.70 in an exchange of 15,055 stocks, Lumber Depot advanced 14 cents and ended at $2.15 after a transfer of 212,009 units. ONE on ONE Educational dropped 8 cents to 97 cents after exchanging 542,595 stocks, Paramount Trading lost 9 cents to close at $1.97 with 428,066 shares clearing the market, 
Spur Tree Spices declined 8 cents to end at $2.25 in trading 27,991 stock units, Stationery and Office Supplies fell 17 cents in closing at $2.17 after an exchange of 1,474,594 units and tTech shed 54 cents to end at a 52 weeks’ low of $1.72, with 2,134 shares crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Big slip for Juniors while majors rise
The Junior Market Index plunged 59.53 points to close at 3,882.497 points on the resumption of trading on Tuesday after the market was closed for the Independence holiday on Monday. In contrast, the Main Market and JSE US dollar Market rose moderately at the close of the Jamaica Stock Exchange on Tuesday while the volume of stocks traded declined from Friday level but with a higher value.
At the close, the JSE Combined Market Index popped 197.70 points to close at 340,527.20, the All Jamaican Composite Index climbed 153.51 points to close at 361,747.17, the JSE Main Index advanced 653.62 points to 326,741.46, while the JSE USD Market Index popped 1.05 points to close at 241.67.
Preference shares that ended with notable price changes were Jamaica Public Service 7% declining $14 to close at $55, 138 Student Living preference share shedding $15 to close at $84.98 and Productive Business Solutions 9.75% preference share gaining $1.45 to end at $102.95.
At the close, investors had dealings in 23,473,622 shares in all three markets, up from 20,248,937 stocks on Friday. The value of stocks trading in the Junior and Main Markets ended at $71.38 million, down from $133.6 million on Friday. Trading on the JSE USD market ended with investors exchanging 37,378 shares for US$906, compared with 745,414 units at US$22,909 on Friday.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 18.7 on 2022-23 earnings and 12.6 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.
Margaritaville tops ICTOP10
Margaritaville was the top performing ICTOP10 stock after jumping 30 percent during the week to close at 11.35 US cents in the first week on the TOP10. That was the only notable gainer in the Main Market list, although JMMB Group added 5 percent to close at $28.55.
Margaritaville, located in the Turks & Caicos Islands
The Junior Market’s Iron Rock Insurance jumped 15 percent to $2.41, followed by a 12 percent rise in the price of Everything Fresh to $1.53, with General Accident adding just 4 per cent to close at $4.90.
The Main Market had a 14 percent fall in Key Insurance to $2.51, followed by 8 percent in 138 Student Living, ending at $4.28. The Junior Market’s Caribbean Assurance Brokers fell 13 percent to $2.60 and Edufocal was down 8 percent to $1.66. The week closed with no new additions to the ICTOP10.
At the end of the week, the average PE for the JSE Main Market TOP 10 is 5.3, well below the market average of 13.1. The Main Market TOP10 is projected to have an average of 326 percent, to May 2024, based on 2023 forecasted earnings.
The 14 most highly valued Main Market stocks representing 30 percent of the Main Market are priced at a PE of 15 to 108, with an average of 30 and 20 excluding the highest PE ratios, with a PE of 23 for the top half and 18 excluding the stocks with the highest PEs.
The Junior Market Top 10 PE sits at 5.8 compared with the market at 10.9. There are 11 stocks representing 23 percent of the market, with PEs from 15 to 40, averaging 20, that is well above the market’s average. The top half of the market has an average PE of 16, possibly the lowest fair value for Junior Market stocks currently, and is projected to rise by 248 percent to May 2024.
The divergence between the average PE ratio of the Main and Junior Markets and the overall market valuation are important indicators of the likely gains for ICTOP10 stocks.
ICTOP10 focuses on likely yearly winners, accordingly, the list includes some of the best companies in the market, but not always. 
ICInsider.com ranks stocks based on projected earnings, allowing investors to focus on the most undervalued stocks and helping to remove emotions in selecting stocks for investments that often result in costly mistakes.
IC TOP10 stocks are likely to deliver the best returns up to the end of May 2024 and are ranked in order of potential gains, computed using projected earnings for the current fiscal year. Expected values will change as stock prices fluctuate, resulting in weekly movements in and out of the lists. Revisions to earnings are ongoing, based on receipt of new information.
Persons who compiled this report may have an interest in securities commented on in this report.
JSE USD Market slips on higher volume
Trading on the Jamaica Stock Exchange US dollar market ended on Friday with a 206 percent jump in the volume of stocks changing hands, valued 41 percent less than on Thursday, with nine securities traded, which was similar to trading on Thursday and closed with the price of one rising, three declining and five ending unchanged.
A total of 745,414 shares were traded for US$22,909 compared with 243,793 stock units at US$38,581 on Thursday.
Trading averaged 82,824 units at US$2,545 versus 27,088 shares at US$4,287 on Thursday, with a month to date average of 43,097 shares at US$3,288 compared with 23,234 units at US$3,659 on the previous day. July ended with an average of 95,306 units for US$2,965.
The US Denominated Equities Index fell 7.39 points to close at 240.62.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.7. 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 no 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 ended at 4 US cents with a transfer of 10,000 shares, Margaritaville increased 0.24 of a cent to 11.35 US cents after exchanging 42 stock units, Proven Investments remained at 14.5 US cents with investors swapping 2,298 units. 
Sterling Investments fell 0.1 of a cent to 1.6 US cents, with 10,008 stock units changing hands, Sygnus Credit Investments ended at 9 US cents after 28,006 shares were exchanged, Sygnus Real Estate Finance USD share ended at 10 US cents after investors traded 29 stocks and Transjamaican Highway declined 0.2 of a cent to 1.61 US cents with 694,286 units clearing the market.
In the preference segment, JMMB Group 6% ended at US$1.05 after a transfer of 45 stocks and Productive Business Solutions 9.25% preference share dropped 30 cents to close at US$11.70 in an exchange of 700 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market recovery continues
The majority of stocks declined on the Junior Market of the Jamaica Stock Exchange on Friday, with trading in 42 securities, the same as Thursday and ended with prices of 15 rising, 18 declining and nine closing unchanged, following a 16 percent decline in the volume of stocks traded with the value, 21 percent lower than on Thursday.
A total of 8,609,687 shares were traded for $20,924,228 compared with 10,235,296 units at $26,387,309 on Thursday.
Trading averaged 204,993 shares at $498,196 compared to 243,698 units at $628,269 on the preceding day, with the month to date averaging 197,517 units at $495,832 compared to 193,866 stock units at $494,677 on the previous day. July closed with an average of 326,541 units at $843,878.
Following the announcement of the nine for one stock split, Stationery and Office Supplies have been trading with increased daily volume and led trading on Friday, with 3.66 million shares for 42.5 percent of total volume, Dolla Financial followed with 1.52 million units for 17.6 percent of the day’s trade and Paramount Trading ended with 758,569 units for 8.8 percent market share.
At the close of trading, the Junior Market Index rose 22.99 points to 3,942.02.
The PE Ratio, a measure of computing appropriate stock values, averages 10.9. The PE ratios of Junior Market stocks are computed 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 ending with bids higher than their last selling prices and two with lower offers.
At the close, Access Financial declined 15 cents to close at $25.30 with an exchange of 3 shares, AMG Packaging dropped 31 cents to end at $2.29 with 1,500 stock units clearing the market, Cargo Handlers gained $1.50 to $19 with a transfer of 500 units, Caribbean Assurance Brokers dipped 30 cents and ended at $2.60 after a transfer of 1,547 stocks. Dolla Financial lost 8 cents in closing at $2.80, with 1,516,624 stock units passing through the market, Dolphin Cove popped 98 cents and ended at $17 while exchanging 2,464 units, EduFocal fell 14 cents to end at $1.66, with 13,022 stocks crossing the exchange, Fontana advanced 20 cents to close at $11, with stakeholders trading 91,563 shares. 
General Accident rose 20 cents in closing at $4.90, with 1,000 stocks changing hands, Iron Rock Insurance climbed 31 cents to $2.41 and closed with an exchange of 5 stock units, Jamaican Teas increased 18 cents to end at $2.29 after an exchange of 600 units. JFP Ltd shed 9 cents in closing at $1.66 with shareholders swapping 487,556 shares, Lasco Manufacturing dipped 43 cents to $4.56 after exchanging 16,964 shares, Limners and Bards rallied 9 cents and ended at $1.99 as investors exchanged 20,405 units, Main Event declined 49 cents to close at $14.50 in switching ownership of 50 stocks. Paramount Trading climbed 16 cents and ended at $2.06, with 758,569 stock units crossing the market, Spur Tree Spices lost 11 cents to close at $2.33 in an exchange of 6,825 shares, 
Stationery and Office Supplies dropped 26 cents to $2.34 in trading 3,663,408 stock units, following the trading of 1.3 million units on Thursday following all the shares from the stock split was available for trading and tTech gained 11 cents in closing at $2.26 trading 37,481 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading drops on the JSE Main Market
Trading activity on the Jamaica Stock Exchange Main Market ended on Friday, with the volume of stocks traded declining 91 percent and the value 52 percent lower than on Thursday, with trading in 55 securities compared with 58 on Thursday, which resulted in prices of 18 rising, 23 declining and 14 ending unchanged.
A total of 10,893,836 shares were traded for $112,685,985 compared to 124,688,141 units at $235,501,470 on Thursday.
Trading averaged 198,070 shares at $2,048,836 versus 2,149,796 units at $4,060,370 on Thursday and month to date, an average of 885,759 units at $2,443,369, compared with 1,217,539 units at $2,633,714 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 4.71 million shares for 43.3 percent of total volume, followed by Transjamaican Highway with 2.16 million units for 19.8 percent of the day’s trade and Wigton Windfarm with 548,303 units for 5 percent market share.
The All Jamaican Composite Index rose 519.86 points to 361,593.66, the JSE Main Index shed 437.40 points to finish at 326,087.84 and the JSE Financial Index rose 0.47 points to 72.65.
The PE Ratio, a formula used to compute appropriate stock values, averages 13.1 for the Main Market. The JSE Main and USD Market PE ratios are computed 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 nine stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Caribbean Cement dropped $1.16 to $55.19, with trading in 522,545 shares, Caribbean Producers fell 59 cents to end at $10.50 after a transfer of 79,558 units, Eppley shed $1 in closing at $33 with an exchange of 702 stock units, Eppley Caribbean Property Fund declined $1.50 to $40, after 3,996 stock units crossed the market. GraceKennedy climbed $1 to end at $77 while exchanging 117,803 shares, Guardian Holdings increased $39.99 to close at $439.99 with shareholders swapping 167 stocks, JMMB Group gained 55 cents in closing at $28.55 with 7,278 units clearing the market,
Kingston Properties lost 62 cents to end at $6.88 after an exchange of 3,291 units. Kingston Wharves rallied $1.35 to $28.92 in exchanging three stocks, Margaritaville dipped 75 cents and ended at $15.76 in trading 16 units, Massy Holdings lost 99 cents in closing at $100 in switching ownership of 16,956 shares, MPC Caribbean Clean Energy shed $1.99 to end at $80 after 2 stocks passed through the market. Palace Amusement dropped 37 cents to $2, with 36,842 units changing hands, Sagicor Group rose 99 cents and ended at $45 in trading 8,082 shares, Scotia Group fell 40 cents to close at $34.10 as investors exchanged 358,224 stocks, Stanley Motta popped 58 cents and ended at $4.90 in an exchange of 2,019 stock units. 
Supreme Ventures declined 61 cents to end at $28.99 after 215,513 stock units changed hands and Wisynco Group dipped 96 cents in closing at $17.02 stakeholders trading 61,352 stocks.
In the preference segment, Jamaica Public Service 7% advanced $7.52 to $69 with a transfer of 817 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated
Main and Junior Markets rise
The JSE US dollar Market was the only of the three Jamaica Stock Exchanges that declined at the close on Friday while the volume and value of stocks traded plunged compared to Thursday’s trade which was boosted by trading of 113 million shares valued at $167 million in Transjamaican preference share.
At the close, the JSE Combined Market Index dipped 197.70 points to close at 340,347.08, the All Jamaican Composite Index advanced 519.86 points to end at 361,593.66, the JSE Main Index declined 437.40 points to settle at 326,087.84, the Junior Market Index gained 22.99 points on top of the 24.51 points picked on Thursday to conclude trading at 3,942.02 and thus recovered all of Wednesday’s loss, while the JSE USD Market Index fell 7.39 points to close at 240.60.
Jamaica Public Service 7% was the only Preference shares that ended with notable price changes, with an advance of $7.52 to $69.
At the close, investors had dealings in 20,248,937 shares, in all three markets, up sharply down from 135,167,230 stocks on Thursday. The value of stocks trading in the Junior and Main Markets ended at $133.6 million, down from $261.89 million on Thursday. Trading on the JSE USD market ended with investors exchanging 745,414 shares for US$22,909, compared with 243,793 units at US$38,581 on Thursday.
The market’s PE ratio, the most popular measure used to determine the value of stocks ended at 18.7 on 2022-23 earnings and 12.6 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.
