Trading was mixed on the Jamaica Stock Exchange on Wednesday, with the Junior Market rising but the Main Market and the USD market slipped, leading to the JSE Combined Index, a measure of the overall market adding just 59.17 points to close at 365,612.13.
The All Jamaican Composite Index popped 1,114.65 points to 402,126.05, the JSE Main Index rose 386.11 points to 351,278.97, the Junior Market Index jumped 46.29 points to 4,132.18 and the JSE USD market Index slipped 0.31 points to close at 208.84.
Trading ended, with 32,095,717 shares changing hands, for $110.3 million, up from $98.88 million, with 18,213,479 shares traded in all markets on the previous day. The JSE USD market ended with the value of stocks traded at US$7,793 from US$2,806 on Tuesday.
The market’s PE ratio ended at 23.9 based on 2021-22 earnings and 12.9 times those for 2022-23 at the close of trading.
Investors need pertinent information to successfully navigate many investment options in the local stock market. The ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
Investors should use the chart to help make rational investment decisions by investing in stocks close to the average for the sector and not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and put in on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock.
The ICInsider.com PE Ratio chart covers all ordinary shares on the Jamaica Stock Exchange. It shows companies grouped on an industry basis, allowing easy comparisons between the same sector companies and the overall market.
The net asset value of each company is reported as a guide to assess the value of stocks based on this measure quickly. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends payable and yields for each company are shown in the Main and Junior Markets’ daily report charts that show the closing volume for the bids and offers.
The EPS & PE ratios are based on 2021 and 2022 actual or projected earnings, excluding major one off items. The PE Ratio is the most popular measure used to determine the value of stocks.
The All Jamaican Composite Index dipped 350.35 points to 401,011.40, the JSE Main Index rose 239.71 points to 351,665.08, the Junior Market Index rose 10.75 points to 4,085.89 and the JSE USD market Index dipped 3.36 points to close at 209.15.
The ICInsider.com PE Ratio chart covers all ordinary shares on the Jamaica Stock Exchange. It shows companies grouped on an industry basis, allowing easy comparisons between the same sector companies and the overall market.
The All Jamaican Composite Index dropped 3,122.55 points to 401,361.75, the JSE Main Index shed 2,003.28 points to 353,428.65, the Junior Market Index dived 58.39 points to 4,075.14 and the JSE USD market Index popped 0.34 points to close at 212.51.
The ICInsider.com PE Ratio chart covers all ordinary shares on the Jamaica Stock Exchange. It shows companies grouped on an industry basis, allowing easy comparisons between the same sector companies and the overall market.
The All Jamaican Composite Index fell 1,103.98 points to 404,484.30, the JSE Main Index shed 669 points to 353,428.65, the Junior Market Index rallied 25.99 points to 4,133.53 and the JSE USD market Index popped 3.15 points to close at 212.17.
The ICInsider.com PE Ratio chart covers all ordinary shares on the Jamaica Stock Exchange. It shows companies grouped on an industry basis, allowing easy comparisons between the same sector companies and the overall market.
The All Jamaican Composite Index rule 714.74 points to 405,588.28, the JSE Main Index rallied 850.71 points to354,097.95, the Junior Market Index dropped 34.34 points to 4,107.54 and the JSE USD market Index popped 16.73 points to close at 209.02.
The net asset value of each company is reported as a guide to assess the value of stocks based on this measure quickly. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends payable and yields for each company are shown in the Main and Junior Markets’ daily report charts that show the closing volume for the bids and offers.
The ICInsider.com PE Ratio chart covers all ordinary shares on the Jamaica Stock Exchange. It shows companies grouped on an industry basis, allowing easy comparisons between the same sector companies and the overall market.
The net asset value of each company is reported as a guide to assess the value of stocks based on this measure quickly. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends payable and yields for each company are shown in the Main and Junior Markets’ daily report charts that show the closing volume for the bids and offers.
The All Jamaican Composite Index dropped 500.21 points to 406 374.06, the JSE Main Index fell 358.44 points to 355,737.49, the Junior Market Index shed 21.06 points to 4,099.20 and the JSE USD market Index popped 0.39 points to close at 212.41.
Investors should use the chart to help make rational investment decisions by investing in stocks close to the average for the sector and not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and put in on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock.
Dividends payable and yields for each company are shown in the Main and Junior Markets’ daily report charts that show the closing volume for the bids and offers.
The All Jamaican Composite Index dropped 1,662.75 points to 406 874.27, the JSE Main Index fell 1,570.82 points to 356,095.93, the Junior Market Index shed 38.20 points to 4,078.14 and the JSE USD market Index slipped 3.15 points to close at 212.02.
The net asset value of each company is reported as a guide to assess the value of stocks based on this measure quickly. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends payable and yields for each company are shown in the Main and Junior Markets’ daily report charts that show the closing volume for the bids and offers.
The All Jamaican Composite Index dropped points to 408,537.02, the JSE Main Index fell 1,835.87 points to 357,666.75, the Junior Market Index shed 25.60 points to 4,116.34 and the JSE USD market Index slipped 1.87 points to close at 215.17.
The net asset value of each company is reported as a guide to assess the value of stocks based on this measure quickly. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends payable and yields for each company are shown in the Main and Junior Markets’ daily report charts that show the closing volume for the bids and offers.