The Junior Market of the Jamaica Stock Exchange stayed above the 3,800 mark that it reached on Wednesday but slipped marginally at the close after rising sharply in the morning session, the JSE USD Market bounced during the day, but the Main Market declined sharply for a second day, the fourth day of decline since last week Friday, following increased trading over Wednesday.
At the close of trading, the JSE Combined Market Index dropped 3,572.73 points to 342,592.8, the All Jamaican Composite Index dived 4,628.88 points to 363,894.60, the JSE Main Index plunged 3,811.14 points to 329,820.27, the Junior Market Index dipped 1.81 points to settle at 3,806.88 and the JSE USD Market Index rose 9.27 points to close at 238,86.
Preference shares that are not in the Main Market TOP10 graphs are Eppley 5% preference share, that fell $3 to close at $17, Eppley 7.50% preference share with a fall of $1.28 to close at $6.20, while Jamaica Public Service 7% dipped $14.77 to $63.83 and 138 Student Living preference share dropped $13.99 and ended at $74.
At the close, investors exchanged 19,714,383 shares in all three markets, up from 9,796,640 units on Wednesday, with the value of stocks trading amounting to $161.15 million, down from $58.16 million on Wednesday. Trading on the JSE USD market resulted in investors exchanging 269,277 shares for US$11,912 compared to 757,348 units at US$ 10,500 on Wednesday.
The market’s PE ratio ended at 18.3 on 2022-23 earnings and 11.3 times those for 2023-24 at the close of trading.
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 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 and 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 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.
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.
Falling stocks dominate JSE Main Market
Stocks mostly fell on the Jamaica Stock Exchange Main Market ended on Wednesday, following a decline in the volume of stocks traded by 38 percent but with a 17 percent rise in the value compared to trading on Tuesday. 
Trading occurred in 54 securities down from 57 on Tuesday, with five rising, 23 declining and 26 left unchanged.
A mere 4,421,900 shares were traded for $47,368,868 versus 7,123,490 units at $40,413,642 on Tuesday.
Trading averaged 81,887 shares at $877,201 compared to 124,974 shares at $709,011 on Tuesday and month to date, an average of 192,182 units at $927,546 compared with 218,420 units at $939,523 on the previous day. Trading in May closed with an average of 226,361 units at $1,362,447.
Wigton Windfarm led trading with 1.21 million shares for 27.3 percent of total volume followed by Transjamaican Highway with 737,468 units for 16.7 percent of the day’s trade and Key Insurance with 508,355 units for 11.5 percent market share. 
The All Jamaican Composite Index dipped 2,652.86 points to end trading at 368,523.48, the JSE Main Index shed 2,552.97 points to close at 333,631.41 and the JSE Financial Index dropped 0.41 points to 74.64.
The PE Ratio, a formula used to compute appropriate stock values, averages 13.2 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 seven stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Caribbean Cement dropped $4.64 and ended at $51.14 with a transfer of 91,386 shares, Caribbean Producers lost 30 cents in closing at $9.70, with 34,881 units crossing the exchange, Eppley Caribbean Property Fund fell $1.50 to end at $38.52 with shareholders swapping 270 stock units. 
First Rock Real Estate gained 76 cents to close at $10.77 after 1,100 shares were traded. GraceKennedy shed 90 cents in closing at $78, with 15,828 stocks changing hands, Guardian Holdings fell $4 to $471 in switching ownership of 20 shares. JMMB Group increased 40 cents to close at $29.90, with 11,388 units crossing the market, Kingston Wharves dropped 88 cents and ended at $29.12 in an exchange of 6,121 stock units, Mayberry Jamaican Equities dipped 34 cents to $10.86 with 62 units clearing the market. NCB Financial declined 50 cents in closing at $69.50 after 217,592 stock units were traded, Pan Jamaica Group lost $1.94 to close at $50.06 with an exchange of 2,889 shares, Sagicor Group shed $1.49 and ended at $48.51 while exchanging 58,698 stocks and Seprod fell $3.50 to end at $70 after exchanging 20,755 units.
In the preference segment, Jamaica Public Service 7% preference share rallied $11.88 in closing at $78.60 with investors transferring 238 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading picks up on JSE USD Market
Trading picked up on the Jamaica Stock Exchange US dollar market on Wednesday, with a 2,798 percent surge in the volume of stocks changing hands valued 184 percent more than on Tuesday and resulting in trading in eight securities, compared to 10 on Tuesday with four rising, three declining and one ending unchanged.
A total of 757,348 shares were traded and valued at US$10,500 compared to 26,137 units at US$3,700 on Tuesday.
Trading averaged 94,669 shares at US$1,312, up from 2,614 stock units at US$370 on Tuesday, with a month to date average of 32,970 shares at US$1,296 compared with 15,341 units at US$1,291 on the previous day. May ended with an average of 43,350 units for US$2,759.
The US Denominated Equities Index dipped 11.81 points to close at 229.59.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.9. The PE ratio is computed based on the last traded price of each stock divided by projected earnings forecasts 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 ended with a bid higher than the last selling price and two with lower offers.
At the close, First Rock Real Estate USD share ended at 5 US cents after a transfer of 46,900 shares, Margaritaville declined 0.01 of a cent to close at 11.47 US cents in an exchange of 34 stock units, Productive Business Solutions popped 4 cents in closing at US$1.90 as investors exchanged 3 stocks,
Proven Investments rose 0.49 of one cent to 16.99 US cents, with 2,380 units crossing the market, Sterling Investments dropped 0.03 of a cent to 1.65 US cents with shareholders swapping one stock unit, Sygnus Credit Investments dipped 0.03 of a cent to end at 11 US cents after an exchange of 4,554 stocks and Transjamaican Highway gained 0.09 of one cent in closing at 1.34 US cents after investors exchanged 703,466 units.
In the preference segment, Productive Business 9.25% preference share advanced US$1 and ended at US$13.50 with investors transferring 10 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market reclaims 3,800
The Junior Market of the Jamaica Stock Exchange closed on Wednesday, with the market index adding to Tuesday’s gains and crossing over the 3,800 mark for the first time since the middle of March with the volume of stocks traded declining 9 percent with a 31 percent lower value than on Tuesday after trading took place in just 40 securities compared with 41 on Tuesday and ended with prices of 19 rising, 15 declining and six closing unchanged.
Investors traded 4,624,570 shares for $10,856,038 compared with 5,101,812 units at $15,733,543 on Tuesday.
Trading averaged 115,614 shares at $271,401, down from 124,434 units at $383,745 on Tuesday with a month to date, an average of 174,165 units at $549,665 compared to 187,397 stock units at $612,549 on the previous day. May averaged 239,954 units at $648,811.
Fosrich led trading with 1.22 million shares for 26.4 percent of total volume followed by Dolla Financial with 609,509 units for 13.2 percent of the day’s trade and Derrimon Trading with 568,037 units for 12.3 percent market share.
At the close, the Junior Market Index increased 17.25 points to settle at 3,808.69.
The PE Ratio, a measure of computing appropriate stock values, averages 10.4. 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 six stocks ending with bids higher than their last selling prices and none with lower offers. This is a bullish signal for Thursday’s trades.
At the close, Access Financial popped 30 cents to $22.60, with four shares crossing the exchange, AMG Packaging fell 21 cents in closing at $2.67 in an exchange of 1,501 stock units, Blue Power shed 15 cents to end at $2.30 as 383 units passed through the market, Caribbean Assurance Brokers dropped 40 cents to close at $2.14 with investors trading 87,309 stock units. 
Caribbean Flavours rose 10 cents and ended at $1.36 in trading 202,848 units, Dolla Financial advanced 8 cents to end at $2.70 in an exchange of 609,509 shares, Dolphin Cove dipped 82 cents and ended at $15.16 with shareholders swapping 22,245 stock units, Elite Diagnostic declined 21 cents in closing at $2.19, with 22,858 stocks changing hands. Everything Fresh lost 9 cents to $1.69 clearing the market with 56,968 units, Express Catering dropped 10 cents to close at $4.89 after a transfer of 6,742 shares, Future Energy Source rallied 8 cents in closing at $4.12 after exchanging 107,745 stock units, General Accident lost 54 cents to close at $4.51 after an exchange of 1,571 stocks. Indies Pharma shed 19 cents to end at $3.11 with the swapping of 15,321 stocks, Lasco Distributors gained 10 cents and ended at $3.40 while exchanging 177,266 shares, Lasco Manufacturing increased 23 cents to $4.48, with 29,284 stock units crossing the market. Limners and Bards dipped 19 cents and ended at $2.20 as investors exchanged 165,470 units, 
Lumber Depot declined 9 cents to close at $2.20 in switching ownership of 62,243 shares, Mailpac Group climbed 10 cents to $1.95 with investors transferring 7,489 stocks. Main Event advanced 30 cents in closing at $14.30, with 2,875 stock units crossing the market and Paramount Trading fell 9 cents to end at $2.10 after closing with an exchange of 61,886 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Juniors rise as others fall
The Junior Market of the Jamaica Stock Exchange closed over the 3,800 mark for the first time since March 13, but the other markets declined at the close of trading on Wednesday, with the volume of stocks trading declining as the value rose moderately above Tuesday’s level.
At the close of trading, the JSE Combined Market Index fell 2,224.20 points to 346,165.48, the All Jamaican Composite Index declined 2,652.86 points to close at 368,523.48, the JSE Main Index shed 2,552.97 points to close at 333,631.41, the Junior Market Index rose 17.25 points to end at 3,808.69 and the JSE USD Market Index dipped 11.81 points to close at 229.59.
The preference share that is not in the Main Market TOP10 graphs is Jamaica Public Service 7% which rallied $11.88 in closing at $78.60.
At the close, investors exchanged 9,796,640 shares in all three markets, down from 12,241,458 units on Tuesday, with the value of stocks trading amounting to $58.16 million, down from $56 million on Tuesday. Trading on the JSE USD market resulted in investors exchanging 757,348 shares for US$10,500 compared to 26,137 units at US$3,700 on Tuesday.
The market’s PE ratio ended at 18.4 on 2022-23 earnings and 11.3 times those for 2023-24 at the close of trading.
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 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 and 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 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.
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.
Main Market rises on light trading
Trading activity on the Jamaica Stock Exchange Main Market remained light on Tuesday, with the volume of stocks traded declining 25 percent and the value just 5 percent more than on Monday after 57 securities were traded compared to 58 on Monday, with 19 rising, 19 declining and 19 unchanged.
A total of 7,123,490 shares were traded for $40,413,642 compared to 9,529,184 units at $38,472,860 on Monday.
Trading averaged 124,974 shares at $709,011 versus 164,296 stocks at $663,325 on Monday and month to date, an average of 218,420 units at $939,523 compared to 249,752 units at $1,016,812 on the previous day. May closed with an average of 226,361 units at $1,362,447.
Wigton Windfarm led trading with 2.66 million shares for 37.4 percent of the volume Transjamaican Highway followed with 1.64 million units for 23 percent of the day’s trade and Sagicor Select Financial Fund with 1.12 million units for 15.8 percent of the day’s trade.
The All Jamaican Composite Index climbed 1,720.36 points to finish at 371,176.34, the JSE Main Index climbed 866.00 points to 336,184.38 and the JSE Financial Index slipped 0.14 points to 75.05.
The PE Ratio, a formula used to compute appropriate stock values, averages 13.3 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 2023.
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 rallied 95 cents and ended to $75.95 after 22,774 shares crossed the market, Caribbean Cement advanced $3.78 to close at $55.78 with 1,666 stock units clearing the market, Eppley Caribbean Property Fund lost 38 cents in closing at $40.02 with investors trading 327 stocks, Guardian Holdings shed $5 to end at $475 in an exchange of 13,932 units, Jamaica Stock Exchange dipped 32 cents to $13.40 after a transfer of 9,000 shares, 
JMMB Group fell 50 cents to end at $29.50, with 114,308 units changing hands, Key Insurance declined 38 cents and ended at $3, with 76,127 stocks crossing the exchange, Kingston Wharves dipped 50 cents to $30 with a transfer of 4,307 stocks, Mayberry Investments gained 50 cents to close at $9 with an exchange of 70,360 shares, MPC Caribbean Clean Energy fell $1 in closing at $70 with investors trading 12 stock units, Pan Jamaica Group rallied $1.95 to close at $52 after an exchange of 334 units, Portland JSX lost $1.25 to end at $9.75 as 27 stocks passed through the market, Sagicor Group rose 50 cents in closing at $50 and closed with an exchange of 6,084 shares, Scotia Group popped 40 cents to $34.50 while 7,196 units were traded, Seprod rose $4.96 and ended at $73.50 in switching ownership of 11,076 stock units and Sygnus Real Estate Finance dipped $1.98 to $13 in trading 20 stocks.
In the preference segment, JMMB Group 7.15% due 2028, popped 31 cents and ended at $2.99 in an exchange of 300 stocks and JMMB Group 7.25% preference share shed 54 cents to end at $3.07 as investors exchanged 8,153 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Slim trading in JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Tuesday, with an 82 percent fall in the volume of stocks changing hands after a minute decline in value compared with trading on Monday, resulting in 10 securities traded, compared to eight on Monday with three rising, two declining and five ending unchanged.
Overall, 26,137 shares were traded for US$3,700 compared to 144,256 units at US$3,922 on Monday.
Trading averaged 2,614 shares at US$370 down from 18,032 units at US$490 on Monday, with the month to date averaging 15,341 shares at US$1,303 compared with 22,412 units at US$1,821 on the previous day. May ended with an average of 43,350 units for US$2,759.
The US Denominated Equities Index popped 7.14 points to 241.46.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.9. The PE ratio is computed based on the last traded price of each stock divided by projected earnings forecasts 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 three with lower offers.
In trading, First Rock Real Estate USD share ended at 5 US cents after 15,226 shares were traded, Productive Business Solutions popped 1 cent in closing at US$1.86 while exchanging 10 stocks, Proven Investments dipped 0.5 of a cent to close at 16.5 US cents with investors trading 300 units, 
Investors exchanged 9,594 shares of Sterling Investments at 1.68 US cents. Sygnus Credit Investments popped 1.03 cents to 11.03 US cents in swapping 330 stocks, Sygnus Real Estate Finance USD share closed at 11 US cents with an exchange of 107 units and Transjamaican Highway rallied 0.05 of a cent to close at 1.25 US cents in an exchange of 364 stock units.
In the preference segment, Productive Business 9.25% preference share shed 65 cents in closing at US$12.50 after 200 shares were traded, Eppley 6% preference share ended at US$1.40 after a transfer of 1 share and JMMB Group 5.75% ended at US$1.90 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 reclaims all of Monday’s loss
The Junior Market recovered all of Monday’s index loss on Tuesday at the close of trading on the Jamaica Stock Exchange on Tuesday, after a 52 percent fall in the volume of stocks traded at a 65 percent lower value than on Monday after trading took place in 41 securities compared with 46 on Monday and ended with 16 rising, 16 declining and nine closing unchanged.
Investors traded 5,101,812 shares for $15,733,543 compared to 10,566,673 units at $45,598,816 on Monday.
Trading averaged 124,434 shares at $383,745 down from 229,710 shares at $991,279 on Monday with a month to date average of 187,397 units at $612,549 compared to 206,379 stock units at $681,527 on the previous day. May closed with an average of 239,954 units at $648,811.
Lasco Distributors led trading with 1.08 million shares for 21.1 percent of total volume followed by Fosrich with 640,636 units for 12.6 percent of the day’s trade and ending with Lasco Manufacturing trading 442,365 units for 8.7 percent market share.
At the close, the Junior Market Index rose 46.87 points to end at 3,791.44.
The PE Ratio, a measure of computing appropriate stock values, averages 10.5. 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 three with lower offers.
At the close, Access Financial shed $3.05 in closing at $22.30, with 300 shares crossing the market, Caribbean Cream climbed 52 cents to $4, with 11,692 stocks passing through the exchange, following the release of full year results to February this year, with a turnaround in profit. Dolla Financial dipped 10 cents to close at $2.62 after a transfer of 420,048 stocks, Dolphin Cove rallied $1.46 to end at $15.98 with 45,490 units being traded, Express Catering climbed 11 cents and ended at $4.99 as 122,381 stock units passed through the market, Future Energy Source declined 10 cents ended at $4.04 with a transfer of 176,726 shares, General Accident popped 58 cents to $5.05 with 7,700 stocks clearing the market,
Indies Pharma gained 24 cents in closing at $3.30 after investors traded 12,528 units, Iron Rock Insurance rose 35 cents to 2.35 in switching ownership of 500 stocks, ISP Finance lost $5.49 to end at $21 after an exchange of 2,212 shares, KLE Group shed 28 cents and ended at $1.65 as investors exchanged 2,208 units, Knutsford Express fell 28 cents to $11.50 in an exchange of 49 stock units, Lasco Distributors advanced 30 cents to close at $3.30 with 1,076,231 stock units changing hands, Mailpac Group lost 10 cents in closing at $1.85 after 164,015 stocks were exchanged, Main Event shed 69 cents to close at $14 with investors transferring 64,505 shares, Medical Disposables climbed 67 cents in closing at $4.85 with shareholders swapping 500 units, Paramount Trading rose 9 cents to $2.19 after an exchange of 2,663 stocks, Regency Petroleum rallied 8 cents to close at $2.98 while exchanging 83,796 shares, 
Stationery and Office Supplies dipped $1.01 to end at $15.99 in trading 9,503 stock units and Tropical Battery rose 18 cents and ended at $2.07 with an exchange of 149,371 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
All JSE Markets rose on Tuesday
All the markets of the Jamaica Stock Exchange put in a good showing on Tuesday with all three market indices rising at the close with volume and value of stocks trading falling below Monday’s levels.
At the close of the market, the JSE Combined Market Index rallied 1,237.03 points to 348,389.68, the All Jamaican Composite Index rallied 1,720.36 points to end at 371,176.34, the JSE Main Index added 866.00 points to settle at 336,184.38, the Junior Market Index that fell 40.76 points on Monday rose 46.87 points to end at 3,791.44 on Tuesday and the JSE USD Market Index rose 7.07 points to 241.40.
There were no shares in the preference segment of the Main Market not included in the TOP10 graphs that ended with a notable price change.
At the close, investors exchanged 12,241,458 shares in all three markets, down from 20,210,036 units on Monday, with the value of stocks trading amounting to $56 million down from $83.8 million on Monday. Trading on the JSE USD market resulted in investors exchanging 26,137 shares for US$3,700 compared to 144,256 units at US$3,922 on Monday.
The market’s PE ratio ended at 18.5 on 2022-23 earnings and 11.4 times those for 2023-24 at the close of trading.
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 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 and 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 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.
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.
Sharp drop in JSE Main Market trading
The volume of stocks traded declined 60 percent with 53 percent lower value than on Friday, with trading taking place in 58 securities the same number as on Friday, with 18 rising, 26 declining and 14 ending unchanged in trading activity on the Jamaica Stock Exchange Main Market on Monday.
A total of 9,529,184 shares were traded for $38,472,860 compared with 24,040,809 units at $81,535,879 on Friday.
Trading averaged 164,296 shares at $663,325 versus 414,497 stocks at $1,405,791 on Friday and month to date, an average of 249,752 units at $1,016,812 compared with 294,006 units at $1,199,867 on the previous day. May closed with an average of 226,361 units at $1,362,447.
Wigton Windfarm led trading with 3.84 million shares for 40.3 percent of the total volume, Transjamaican Highway followed with 2.58 million units for 27 percent of the day’s trade and Radio Jamaica with 622,238 units for 6.5 percent market share.
The All Jamaican Composite Index dropped 1,262.06 points to close trading at 369,455.98, the JSE Main Index lost 279.16 points to settle at 335,318.38 and the JSE Financial Index lost 0.06 points and concluded trading at 75.19.
The PE Ratio, a formula used to compute appropriate stock values, averages 13.4 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 2023.
Investor’s Choice bid-offer indicator shows seven stocks ended with bids higher than their last selling prices and five with lower offers.
At the close, Berger Paints popped 60 cents in closing at $8.11 after an exchange of 1,059 shares, Caribbean Cement fell $3.85 to $52 after investors traded 22,874 stocks, Eppley Caribbean Property Fund dipped $2.60 to end at $40.40 with 184 stock units changing hands. Guardian Holdings dropped $2 to close at $480 in an exchange of 1,450 units, Jamaica Broilers declined 94 cents to $35, with 63,678 stocks crossing the market, Jamaica Stock Exchange increased 72 cents to $13.72 after 11,001 shares crossed the exchange. Key Insurance rallied 58 cents to close at $3.38 with shareholders swapping 100 stock units, Massy Holdings climbed $2 to end at $102, with 557 units clearing the market, 
MPC Caribbean Clean Energy rallied $1 to $71 in an exchange of 84 stocks. NCB Financial rose $1.15 to $69.75 with 40,595 stock units changing hands, 138 Student Living rallied 33 cents to $5.48 as investors traded 1,033 units, Pan Jamaica Group lost $4.04 in closing at $50.05 after 2,252 shares were traded, Sagicor Group shed $1 to end $49.50, with 16,683 stocks changing hands. Scotia Group dropped 65 cents to end at $34.10, with 36,625 stock units crossing the market, Seprod shed $1.46 to close at $68.54 with a transfer of 22,768 units, Supreme Ventures declined 30 cents to $26.50 as 111,196 shares passed through the market and Wisynco Group lost 39 cents and ended at $18.50 in switching ownership of 6,227 shares.
In the preference segment, Jamaica Public Service 7% fell $11.78 to close at $66.72 with investors transferring 191 stock units and JMMB Group 7.15% due 2028, dipped 32 cents in closing at $2.68 after an exchange of 20,041 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
