Junior Market trading jumps

Trading picked up on Friday on the Junior Market of the Jamaica Stock Exchange, with trading in only 36 securities compared with 39 on Thursday following a 106 percent jump in the volume of stocks traded as funds pulled into the market surged 152 percent more than Thursday as the market closed with prices of 12 stocks rising, 11 declining and 13 unchanged.
Investors traded 5,022,943 shares for $11,992,912 compared with 2,442,247 units at $4,763,066 on Thursday.
Trading averaged 139,526 shares at $333,136, compared with 62,622 units at $122,130 on Thursday, with the month to date, averaging 131,791 units at $311,505 compared with 130,432 stock units at $307,707 on the previous day and down compared to November with an average of 262,280 units at $587,545.
Spur Tree Spices led trading with 3.19 million shares for 63.6 percent of total volume followed by Fosrich with 514,108 units for 10.2 percent of the day’s trade and Regency Petroleum with 208,566 units for 4.2 percent market share.
At the close, the Junior Market Index lost 12.27 points to 3,700.76 after the market trade over 3,750 points in the morning session.
The Junior Market ended trading with an average PE Ratio of 12.9, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending around August 2024.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, AMG Packaging rose 59 cents to end trading for the week at $2.89 after an exchange of 66,994 units, even as the stock started trading X-dividend on Friday, with the record being December 11 for the  dividend payment of a 10 cents per share. Express Catering gained 25 cents in closing at $4 after an exchange of 4,464 stocks, Fontana lost 63 cents to close at $9.57 with traders dealing in 65,965 shares. Honey Bun popped 18 cents to end at $6.44 in an exchange of 1,747 stock units, Indies Pharma increased 20 cents and ended at $3, with 5,665 shares changing hands, Jamaican Teas climbed 25 cents to $2.55 with a transfer of 119,469 stocks, as buyers eat away at the limited supply of stocks on offer. Jetcon Corporation shed 8 cents and ended at 75 cents, with a mere 1,335 units crossing the market, Knutsford Express declined $1.68 to close at $11.12 in switching ownership of 2,300 stock units, Lasco Distributors fell 39 cents to end at $3.61 with shareholders swapping 112,863 shares. Lasco Manufacturing dipped 20 cents in closing at $4.30 while exchanging 44,307 stocks, Limners and Bards dropped 9 cents to $1.61 with investors dealing in 5,109 units and Main Event skidded 98 cents to close at $13, after 54,527 stock units passed through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Main Markets gains in thin trading, juniors slip

Trading hit a distressing low point on the Jamaica Stock Exchange on Friday, with the Junior and JSE USD market slipping back as the Main Market climbed appreciably to close out the week positively but with the overall trading down sharply after just $32 million of shares changed hands as Carib Cement rose $2, NCB Financial gained $1.80, Kingston Wharves up $1.49 and AS Bryden up $1.14, while Seprod dropped $1.70 and Scotia Group fell $1.52 helped to negate some of the gains.
At the close of trading, the JSE Combined Market Index climbed 2,826.48 points to close at 325,204.82, the All Jamaican Composite Index popped 2,477.78 points to finish at 346,872.54, the JSE Main Index rose 3,128.14 points to close at 312,199.59. The Junior Market Index dipped 12.27 points to finish at 3,700.76 and the JSE USD Market Index shed 0.42 points to finish at 230.61.
Investors traded 10,953,060 shares, in all three markets, down from 14,894,359 units on Thursday. The value of stocks traded on the Junior and Main markets amounts to a mere $31.8 million versus $144.79 million on Thursday. The JSE USD market closed after 57,458 shares were traded, for US$3,210 compared to 134,274 units at US$39,564 on Thursday.
In the preference segment, Jamaica Public Service 7% dropped $6.50 in closing at $39.50.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21.6 on 2022-23 earnings and 13.8 times those for 2023-24 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons between the same sector companies and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Pertinent information is essential for the successful navigation of the numerous investment options in stock markets. The ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
Investors should use the chart to help make rational decisions when investing in stocks close to the average for the sector and not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock.
The net asset value of each company is reported as a guide to quickly assess the value of stocks based on this measure. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends paid or payable and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume pertaining to the highest bid and the lowest offer for each company.

Junior Market trading falls off

Trading pulled back all-around at the close of the Junior Market of the Jamaica Stock Exchange on Thursday, with a 59 percent drop in the volume of stocks traded with a 60 percent decline in the value compared to Wednesday and resulting in the trading of 39 securities down from 41 on Wednesday, ending with prices of 12 rising, 15 declining and 12 closing unchanged.
Investors exchanged 2,442,247 shares at $4,763,066 compared to 5,954,626 units at $12,034,127 on Wednesday.
Trading ended with an average of 62,622 shares at $122,130 compared to 145,235 units at $293,515 on Wednesday with the month to date averaging 130,432 units at $307,707 compared with 146,364 stock units at $351,306 on the previous day and November that closed with an average of 262,280 units at $587,545.
Stationery and Office Supplies led trading with 541,346 shares for 22.2 percent of total volume followed by Jamaican Teas with 299,806 units for 12.3 percent of the day’s trade and One Great Studio with 289,403 units for 11.8 percent market share.
At the close, the Junior Market Index shed 12.14 points to cease trading at 3,713.03.
The Junior Market ended trading with an average PE Ratio of 13, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending around August 2024.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Access Financial rose $1.79 and ended at $25.49 with shareholders swapping a mere 1,000 shares, AMG Packaging skidded 30 cents to $2.30 after an exchange of 1,562 units, Cargo Handlers rallied $1.45 in closing at $14.95 with investors transferring 1,330 shares. Caribbean Flavours fell 9 cents to end at $1.50 after an exchange of 400 stock units, Derrimon Trading shed 16 cents to close at $1.87 with a transfer of 30,656 shares, Dolphin Cove increased 87 cents to $17.40 after 797 stock units passed through the market. EduFocal popped 17 cents to end at $1.93 in an exchange of 85,150 stocks, ISP Finance picked up $6 in closing at $30 with traders dealing in just 30 units, Jamaican Teas declined 10 cents to close at $2.30, with 299,806 shares crossing the market. JFP Ltd lost 11 cents and ended at $1.41 with an exchange of 25,970 units, Knutsford Express dipped 13 cents to $12.80 while trading 41 stocks, Medical Disposables dipped 38 cents to end at $2.92 in switching ownership of 4,906 stock units and Spur Tree Spices lost 8 cents in closing at $2.11 while exchanging 112,204 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Slippage for Main & Junior Markets as trading jumps

Trading picked up on the Jamaica Stock Exchange on Wednesday but the rise was confined to the Main market trading with Wisynco Group contributing 3.07 million shares valued at $61.3 million and JMMB Group 7.5% preference shares with 2.49 million units with a value of $25 million, Transjamaican Highway with 2.43 million units valued $6.3 million and Scotia Group 822,622 shares valued $28.3 million as investors lined up ahead of the full year results and final dividend declaration for the year due out on Friday.
At the close of the market, the JSE Combined Market Index tumbled by 2,952.13 points to close at 322,378.34, while the All Jamaican Composite Index sank 3,179.90 points to end at 344,394.76, the JSE Main Index dived 3,034.26 points to wrap up trading at 309,071.45. The Junior Market Index lost 12.14 points to finish at 3,713.03 and the JSE USD Market Index rose 4.74 points to end at 231.03.
Investors traded 14,894,359 shares, in all three markets, up from 13,928,517 units on Wednesday. The value of stocks traded on the Junior and Main markets amounts to $144.79 million versus $62.87 million on Wednesday. The JSE USD market closed after 134,274 shares were traded, for US$39,564 compared to 228,802 units at US$5,310 on Wednesday.
In the preference segment, 138 Student Living preference share surged $24.07 to close at $114.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21.5 on 2022-23 earnings and 13.8 times those for 2023-24 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons between the same sector companies and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Investors need pertinent information to 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 quickly assess the value of stocks based on this measure. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends paid or payable and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume pertaining to the highest bid and the lowest offer for each company.

Junior Market bounced on Wednesday

Trading closed on the Junior Market of the Jamaica Stock Exchange Wednesday, with the advancing stocks outnumbering those that declined on a day with Knutsford Express leading the stocks rising with a jump of $1.75, followed by Access Financial, up $1.15 and Main Event with a rise of 98 cents as the market closed with the volume of stocks traded declining 16 percent at a 47 percent lower value than on Tuesday after trading resulted in activity in 41 securities compared with 44 on Tuesday and ended with 21 rising, eight declining and 12 closing unchanged.
Investors traded 5,954,626 shares for $12,034,127 compared with 7,063,052 units at $22,550,480 on Tuesday.
Trading averaged 145,235 shares at $293,515, compared with 160,524 units at $512,511 on Tuesday with the month to date, averaging 146,364 units at $351,306 compared with 146,734 stock units at $370,261 on the previous day, closing below November with an average of 262,280 units at $587,545.
One Great Studio led trading with 1.55 million shares for 26 percent of total volume followed by Regency Petroleum with 1.29 million units for 21.7 percent of the day’s trade and Spur Tree Spices with 988,959 units for 16.6 percent market share.
At the close, the Junior Market Index advanced 47.42 points to end at 3,725.17.
The Junior Market ended trading with an average PE Ratio of 12.9, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending around August 2024.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Access Financial gained $1.15 to end at $23.70, with 6,000 stocks clearing the market, AMG Packaging rose 15 cents in closing at $2.60 after investors traded 237 units, Blue Power climbed 39 cents to $3.04, with 1,000 shares crossing the exchange. Caribbean Flavours increased 18 cents and ended at $1.59, with 67 stock units changing hands, Elite Diagnostic popped 21 cents to close at $1.85 with stakeholders exchanging 99,695 shares, Fontana advanced 18 cents to $10.20, with 19,328 stocks crossing the market. Future Energy rallied 8 cents and ended at $3.58 as investors exchanged 620,887 units, Indies Pharma lost 13 cents to end at $2.80 with shareholders swapping 2,403 stock units, Jamaican Teas popped 10 cents in closing at $2.40 while exchanging 251,734 shares and ended with stocks on offer declining. Knutsford Express advanced $1.75 to close at $12.93 in switching ownership of 567 units, Lasco Distributors rose 24 cents to $4.04, with 3,118 stocks crossing the market, Lasco Financial rallied 14 cents to close at $1.84 in an exchange of 750 stock units. Lasco Manufacturing increased by 10 cents in closing at $4.50 with investors transferring 4,471 shares, Main Event climbed 98 cents to end at $13.98 after exchanging a mere 379 stocks, Medical Disposables gained 38 cents and ended at $3.30 with a transfer of 3,018 units and MFS Capital Partners fell 10 cents to $2.05 after 132,587 stock units were traded.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Gains for Main & Junior Markets on Wednesday

Trading picked up on the Jamaica Stock Exchange on Tuesday with less volume of stocks trading with a lower value than on Tuesday, with both the Main and the Junior Market indices rising from Tuesday’s close while the JSE USD Market slipped. The Main Market benefitted from Guardian Holdings price movement, in recovering most of the $104.99 fall on Tuesday by jumping $100 on Wednesday, Grace climbed $1.99 to be to top performers in the market on the other hand Caribbean Cement dropped $19.01 followed by NCB Financial with a fall of $2.88.
Trading came to an end with, the JSE Combined Market Index climbing 1,462.59 points to 325.330.47, the All Jamaican Composite Index rose 197.16 points to 347,574.66, the JSE Main Index rallied 1,116.91 points to close at 312,105.71. The Junior Market Index jumped 47.42 points to finish trading at 3,725.17 and the JSE USD Market Index skidded 1.31 points to settle at 226.29.
Investors traded 13,928,517 shares, in all three markets, down from 20,284,498 units on Tuesday. The value of stocks traded on the Junior and Main markets amounts to $62.87 million down from $174.37 million on Tuesday. The JSE USD market closed after 228,802 shares were traded, for US$5,310 compared to 198,410 units at US$3,547 on Wednesday.
In the preference segment, Productive Business Solutions 9.75% preference share advanced $16.15 to close at $116.15.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21.2 on 2022-23 earnings and 13.8 times those for 2023-24 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons between the same sector companies and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Investors need pertinent information to 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 quickly assess the value of stocks based on this measure. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends paid or payable and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume pertaining to the highest bid and the lowest offer for each company.

Junior Market dives on Tuesday

The Junior Market of the Jamaica Stock Exchange took another hit on Tuesday, following a moderate rise in the volume of stocks traded and an 86 percent surge in value over Monday’s level with trading of 44 securities compared with 40 on Monday and ended with prices of just nine rising, 25 declining and 10 closing unchanged, but the market closed with the Investor’s Choice bid-offer indicator flashing a positive signal for Wednesday opening.
Investors traded 7,063,052 shares for $22,550,480 compared with 6,466,809 units at $12,152,568 on Monday.
Trading averaged 160,524 shares at $512,511, compared with 161,670 units at $303,814 on Monday with the month to date, averaging 146,734 units at $370,261 compared with 139,244 stock units at $292,990 on the previous day. November closed with an average of 262,280 units at $587,545.
Spur Tree Spices led trading with 1.27 million shares for 18 percent of total volume followed by Jamaican Teas with 1.04 million units for 14.7 percent of the day’s trade and Regency Petroleum with 885,756 units for 12.5 percent market share.
At the close, the Junior Market Index skidded 35.17 points to end the day at 3,677.75.
The Junior Market ended trading with an average PE Ratio of 12.7, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending around August 2024.
Investor’s Choice bid-offer indicator shows eight stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Access Financial skidded $2.45 to $22.55 in trading a mere 10 stock units, AMG Packaging climbed 20 cents and ended at $2.45 after a transfer of 7,290 shares, Blue Power lost 43 cents to close at $2.65 while exchanging 199,701 units. Caribbean Cream rose 70 cents to end at $3.70 with investors dealing in a mere 284 stocks, Consolidated Bakeries dipped 24 cents in closing at $1.87 with 15 units crossing the market, Dolphin Cove fell 50 cents to $16.50 after an exchange of 34,411 stocks. Express Catering dropped 20 cents in closing at $3.80 after 94,844 shares passed through the market, Fontana shed 38 cents to end at $10.02 after an exchange of 310,305 stock units, Fosrich declined 31 cents and ended at $2.16, with 141,209 shares crossing the market. Future Energy lost 10 cents to close at $3.50 with traders dealing in 636,917 stocks, Indies Pharma rallied 37 cents to $2.93 with 11,500 units crossing the exchange, Iron Rock Insurance dropped 59 cents and ended at $2.06 with investors transferring 439 stock units. ISP Finance shed $7.50 in closing at $24, with 326 shares changing hands, JFP Ltd increased 12 cents to close at $1.53 with a transfer of 3,549 stock units, Lasco Distributors declined 30 cents to $3.80 with stakeholders exchanging 6,016 units. Limners and Bards popped 9 cents to $1.70 and closed after 11 stocks were traded, Mailpac Group fell 22 cents to close at $2.02 trading 88,613 units, Main Event skidded 50 cents and ended at $13 in switching ownership of 330,689 shares and Stationery and Office Supplies dipped 9 cents to end at $1.61 with shareholders swapping 39,301 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Big declines in Main & Junior Markets on Tuesday

Trading picked up on the Jamaica Stock Exchange on Monday with a greater volume of stocks trading at a much higher value than on Monday, with both the Main and the junior Market indices dropping from Monday’s close while the JSE USD Market rose after sharp declines in a series of stocks led by Guardian Holdings, down $104.99, ISP finance with a fall of $7.50, Pan Jamaica down $5.41, Seprod falling $4.70, Eppley Property $4.30, Carib Cement off $2.77 and Access down $2,45.
Trading closed with a plunge in JSE Combined Market Index by 4,203.69 points to end trading at 323,867.88, the All Jamaican Composite Index dropped 3,347.62 points to finish at 347,377.50, the JSE Main Index dived 4,153.74 points to 310,988.80. The Junior Market Index dropped 35.17 points to wrap-up trading at 3,677.75 on Tuesday and the JSE USD Market Index rose 3.47 points to end trading at 227.60.
Investors traded 20,284,498 shares, in all three markets, up from 12,196,470 units on Monday. The value of stocks traded on the Junior and Main markets amounts to $174.37 million up from just $40.13 million on Monday, as Wisynco Group dominated trading with 5.18 million shares for $104 million. The JSE USD market closed after 198,410 shares were traded, for US$3,547 compared to 89,619 units at US$7,899 on Monday.
In the preference segment, Jamaica Public Service 7% popped $1 to end at $46.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 20.8 on 2022-23 earnings and 13.5 times those for 2023-24 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons between the same sector companies and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Investors need pertinent information to 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 quickly assess the value of stocks based on this measure. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends paid or payable and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume pertaining to the highest bid and the lowest offer for each company.

Big fall for Junior Market

Trading picked up on the Junior Market of the Jamaica Stock Exchange on Monday, with investors trading 34 percent more stocks with a 5 percent higher value than Friday with trading taking place in 40 securities compared with 41 on Friday and ended with 16 rising, 18 declining and six closing unchanged.
On Friday, investors traded 6,466,809 shares for $12,152,568 compared with 4,811,921 units at $11,579,633.
Trading averaged 161,670 shares at $303,814, compared with 117,364 units at $282,430 on Friday with the month to date, averaging 139,244 stock units at $292,990 compared to November that closed with an average of 262,280 units at $587,545.
Spur Tree Spices led trading with 1.69 million shares for 26.2 percent of total volume followed by iCreate with 1.11 million units for 17.1 percent of the day’s trade and Stationery and Office Supplies, 644,771 units for 10 percent market share.
At the close, the Junior Market Index fell 44.12 points to cease trading at 3,712.92, a 6.9 percent fall for for the year to date.
The Junior Market ended trading with an average PE Ratio of 13, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending around August 2024.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, AMG Packaging lost 34 cents after ending at $2.25 with traders dealing in 860 shares, Blue Power rose 33 cents in closing at $3.08 after 10,000 stocks passed through the market, Cargo Handlers dipped 98 cents to close at $13.50 with an exchange of 264 shares. Caribbean Assurance Brokers rallied 25 cents to end at $2.49 in trading 1,200 stock units, Caribbean Cream fell 10 cents and ended at $3 with a transfer of 30,000 shares, Consolidated Bakeries increased 20 cents to $2.11 as investors exchanged 1,331 units. Dolphin Cove popped 50 cents and ended at $17 with shareholders swapping 5,430 stocks, EduFocal declined 20 cents in closing at $1.80, with 110,659 stock units changing hands, Elite Diagnostic shed 12 cents to end at $1.66 in an exchange of 9,702 shares. Fontana popped 10 cents to close at $10.40 with investors dealing in 49,436 units, Fosrich advanced 15 cents to $2.47 in switching ownership of 321,656 stock units, Honey Bun gained 21 cents to close at $6.26 after an exchange of 19,091 stock units. Indies Pharma dropped 49 cents to $2.56 in trading 166,418 shares, KLE Group skidded 14 cents in closing at $1.50 after a transfer of 54,974 units, Knutsford Express fell $1.82 and ended at $11.12 with investors trading 1,514 stocks. Lasco Financial dipped 10 cents to $1.70 and closed with an exchange of 41,000 stock units, Lasco Manufacturing rose 20 cents to $4.40 after investors traded 21,689 shares, MFS Capital Partners lost 36 cents to end at $2.12, with 87,501 stock units crossing the market.  Regency Petroleum skidded 11 cents to close at $2.14 in an exchange of 59,896 units and Spur Tree Spices dipped 17 cents and ended at $2.13, with 1,692,244 stocks clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Soft market continues for JSE on Monday

All three Jamaica Stock Exchange markets pulled back on the second trading day in December as the markets remained soft with a slightly higher volume with a marginally lower value than on Friday as the markets continued to consolidate around current levels.
At the close of trading, the JSE Combined Market Index lost 879.86 points to close at 328,071.5, the All Jamaican Composite Index slipped 650.28 points to end at 350,725.12, the JSE Main Index skidded 526.46 points to settle at 315,142.54. The Junior Market Index dropped 44.12 points to end trading at 3,712.92 on Monday and the JSE USD Market Index lost 2.72 points to settle at 224.13.
Investors traded 12,196,470 shares, in all three markets, up from 11,233,174 units on Friday. The value of stocks traded on the Junior and Main markets was $40.13 million up from $43.75 million on Friday. The JSE USD market closed after 89,619 shares were traded, for US$7,899 compared to 37,877 units at US$2,504 on Friday.
In the preference segment, 138 Student Living preference share declined $17 to close at $90.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21.2 on 2022-23 earnings and 13.8 times those for 2023-24 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons between the same sector companies and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Investors need pertinent information to 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 quickly assess the value of stocks based on this measure. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends paid or payable and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume pertaining to the highest bid and the lowest offer for each company.