Trading cool in on shares of One Great Studio at the close of the Junior Market of the Jamaica Stock Exchange on Friday, with less than 2 million shares trading compared to more than 14 million units traded in each of the previous three days as such Friday’s volume dropped sharply 68 percent with a 59 percent lower the value of stocks being traded but the Junior Market was able to record a moderate modest increase at the close of trading.
A total of 44 securities were traded compared to 45 on Thursday with market activity ending with prices of 20 rising, 15 declining and nine closing unchanged.
Investors traded 6,672,237 shares for $13,058,494 down from 21,011,494 units at $31,863,579 on Thursday.
Trading averaged 151,642 shares at $296,784 compared with 466,922 shares at $708,080 on Thursday with the month to date, averaging 195,857 units at $369,709 down from 199,010 stock units at $374,909 on the previous day. August closed with an average of 183,001 units at $460,354.
One Great Studio led trading with 1.89 million shares for 28.3 percent of total volume followed by Derrimon Trading with 1.64 million units for 24.6 percent of the day’s trade and Dolla Financial with 766,933 units for 11.5 percent market share.
At the close, the Junior Market Index rose 5.63 points to settle at 3,809.59.
The Junior Market ended trading with an average PE Ratio of 10.4, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and eight with lower offers.
At the close, AMG Packaging rallied 21 cents to $2.49 after 18,873 shares passed through the market, Blue Power advanced 15 cents to $2.65 in switching ownership of 10 units, CAC 2000 climbed 58 cents to end at $4.46 after an exchange of 15 stocks, Cargo Handlers lost 45 cents to close at $14.50, with 5,095 stock units crossing the market. Caribbean Cream climbed 58 cents to $4.10 in trading 300 stocks, Caribbean Flavours popped 8 cents to end at $1.30 with investors transferring 41,968 units, Consolidated Bakeries shed 29 cents to close at $2.10 after a transfer of 200 shares, Derrimon Trading dropped 10 cents and ended at $1.90 in an exchange of 1,640,776 stocks. Dolla Financial dipped 11 cents in closing at $2.16 in trading of 766,933 stocks, Dolphin Cove rose 49 cents to $16.49, with 5,790 shares crossing the exchange, EduFocal gained 5 cents to end at $1.39 with shareholders swapping 69,976 units, Fontana rose 10 cents to close at $10.40 after exchanging 40,779 stock units. Fosrich skidded 11 cents in closing at $2.24 after trading 51,522 stock units, Future Energy Source gained 14 cents to $3.45 with investors dealing in 166,158 shares, 
Honey Bun popped 50 cents and ended at $6.80 as investors exchanged 1,160 stocks, Indies Pharma fell 14 cents to end at $2.76, with 4,475 units crossing the market. ISP Finance dropped $9.93 to close at $35 with 4,999 shares changing hands, Jamaican Teas advanced 7 cents and ended at $2.07 while exchanging 9,447 stock units, JFP Ltd dipped 5 cents to close at $1.50 after investors traded 38,548 units, Knutsford Express rose 5 cents in closing at $11.35 with a transfer of 18,570 stocks. Lasco Distributors rallied 10 cents and ended at $4.30 with traders dealing in 50 stocks, Lasco Manufacturing skidded 9 cents in closing at $5.31 with stakeholders exchanging 387 shares, Lumber Depot increased 14 cents to close at $2.24 with 684,872 stock units clearing the market, MFS Capital Partners rose 5 cents to $2.05 with an exchange of 29,459 units. 
One Great Studio shed 7 cents to end at $1.20 with investors transferring 1,889,355 units, Regency Petroleum increased 5 cents in closing at $2.15 after an exchange of 260,408 shares, Spur Tree Spices advanced 10 cents and ended at $2.10 with a transfer of 117,165 stocks and Stationery and Office Supplies popped 10 cents to end at $1.70 while exchanging 354,221 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading in One Great Studio plunges
Investors seem to have cooled on newly listed One Great Studio with less than 2 million units changing hands on Friday following three days of more than 14 million stocks being traded for each day since listing on Tuesday, with the price drifting down to $1.20 at the close of the week when the overall market end the week with mixed fortunes as the Junior Market inched higher and the Main Market main index rose but the All Jamaican Composite Index fell.
At close, the JSE Combined Market Index rose 869.06 points to close at 326,253.01, with the All Jamaican Composite Index falling 1,768.93 points to 343,636.27, the JSE Main Index rallied 876.64 points to close at 312,277.29, the Junior Market Index rose 5.83 points to 3809.59, while the JSE USD Market Index shed 1.12 points to finish at 254.26.
At the close, investors exchanged 11,124,804 shares in all three markets, up from 27,691,335 stock units on Thursday. The value of stocks traded on the Junior and Main markets amounted to $85.12 million, up from $72 million on Thursday. Trading on the JSE USD market ended with investors exchanging 580,017 shares for US$10,197 up from 73,572 units at US$2,495, on Thursday.
In the preference segment, 138 Student Living preference share jumped $11.52 and ended at $105.
The market’s PE ratio, the most popular measure used to determine the value of stocks ended at 19.7 on 2022-23 earnings and 10.8 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, 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.
One Great Studio dominates again
For a third consecutive day, One Great Studio dominated Junior Market trading on the Jamaica Stock Exchange on Thursday, accounting 71 percent with the volume of stocks traded and was the major reason for a 20 percent fall in volume and a 12 percent fall in the value of the day’s trade than Wednesday with 45 securities trading compared with 44 on Wednesday and ended with prices of 23 stocks rising, 13 declining and nine closing unchanged.
Investors traded 21,011,494 shares for $31,863,579 versus 26,192,370 units at $36,308,731 on Wednesday.
Trading averaged 466,922 shares at $708,080 compared with 595,281 units at $825,198 on Wednesday with a month to date average of 199,010 shares at $374,909 compared with 177,933 stock units at $348,698 on the previous day. August closed with an average of 183,001 units at $460,354.
One Great Studio led trading with 14.83 million shares for 70.6 percent of total volume followed by Fosrich with 1.64 million units for 7.8 percent of the day’s trade and Mailpac Group with 1.0 million units for 4.8 percent of the day’s trade.
Price movements resulted in the Junior Market Index popping 20.71 points to end at 3,803.96.
The Junior Market ended trading with an average PE Ratio of 10.5 based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Blue Power dipped 15 cents and ended at $2.50 after an exchange of 446,997 shares, Cargo Handlers shed $1.25 to $14.95, with 1,131 stock units crossing the exchange, Caribbean Cream declined 55 cents to close at $3.52 in switching ownership of 4,153 stocks, Derrimon Trading rebounded by 50 cents to $2 in an exchange of 728,866 units. Dolla Financial rose 7 cents in closing at $2.27 with investors trading 151,765 stock units, EduFocal popped 12 cents to $1.34 with an exchange of 4,706 units, Elite Diagnostic gained 16 cents and ended at $1.81 with shareholders swapping 2,611 stocks, Fontana fell 10 cents to $10.30, with 16,520 shares clearing the market. Fosrich advanced 26 cents to close at $2.35 after 1,637,218 units passed through the market, Future Energy Source rallied 6 cents in closing at $3.31 with a transfer of 125,086 stock units, General Accident increased 15 cents to close at $5.25 after trading in 41,060 shares, GWest Corporation advanced 6 cents and ended at $1.01 and closed with an exchange of 67,262 stocks. 
Honey Bun gained 30 cents to end at $6.30 after a transfer of 2,500 stocks, Iron Rock Insurance popped 20 cents to $2.20, with 2 stock units changing hands, ISP Finance climbed 93 cents in closing at $44.93 in trading 2 shares, JFP Ltd increased 11 cents to $1.55 after investors exchanged 14,796 units. Knutsford Express dropped 13 cents to $11.30 with trading in 25,269 stock units, Lasco Distributors lost 15 cents to close at $4.20 with an exchange of 199,870 shares, Lasco Manufacturing rallied 8 cents and ended at $5.40 with traders dealing in 18,650 units, Limners and Bards rose 7 cents to end at $1.75, with 5,670 stocks crossing the market. Lumber Depot climbed 10 cents and ended at $2.10 after 193,070 stock units crossed the market, One Great Studio advanced 9 cents to close at a record close of $1.27 with an exchange of 14,829,035 shares, Paramount Trading skidded 28 cents to $1.72 with stakeholders exchanging 5,500 stocks. 
Regency Petroleum fell 9 cents to end at $2.10 with investors transferring 150,094 units and Tropical Battery gained 10 cents in closing at $2 after 57,552 shares passed through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
One Great Studio dominates trading
The volume for the newly listed One Great Studio dropped back from the more than 21 million stocks traded on Wednesday to be close to that on the opening day in the region of 14 million shares with 14.8 million shares more than half of the total shares traded on Thursday with the price edging 9 cents higher to a record $1.27. Trading in the new listing, kept the volume traded elevated but below Wednesday’s level with the value of stocks traded slipping.
At close, the JSE Combined Market Index dipped 223.89 points to close at 325,383.95, at the same time the All Jamaican Composite Index fell 541.98 points to close at 345,405.20, the JSE Main Index shed 445.30 points to 311,400.65, the Junior Market Index rose 20.71 points to settle at 3803.96, while the JSE USD Market Index rallied 0.95 points to settle at 255.38.
At the close, investors traded 27,691,335 shares in all three markets, up from 31,325,305 stock units on Wednesday. The value of stocks traded on the Junior and Main markets amounted to $72 million, up from $122.83 million on Wednesday. Trading on the JSE USD market ended with investors exchanging 73,572 shares for US$2,495 down from 218,675 units at US$32,659, on Wednesday.
In the preference segment, Eppley 7.25% preference share dipped $1.30 in closing at $18.65 and Jamaica Public Service 7% shed $12.71 to $44.29.
The market’s PE ratio, the most popular measure used to determine the value of stocks ended at 19.7 on 2022-23 earnings and 10.8 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, 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 require relevant and timely information to successfully navigate the 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.
1 Great Studio dominant Junior Market stock
Newly listed One Great Studio dominated Junior Market trading on the Jamaica Stock Exchange on Wednesday, pushing the volume of stocks traded up 53 percent and the value 66 percent more than Tuesday with trading in 44 securities compared with 42 on Tuesday and ended with prices of just 11 rising, 22 declining and 11 closing unchanged.
One Great Studio led trading with 21.66 million shares for 82.7 percent of total volume followed by Derrimon Trading with 900,000 units for 3.4 percent of the day’s trade and Dolla Financial with 713,784 units for 2.7 percent market share.
Investors traded 26,192,370 shares for $36,308,731 against 17,126,215 units at $21,864,015 on Tuesday.
Trading averaged 595,281 shares at $825,198, up from 407,767 stocks at $520,572 on Tuesday with the month to date, averaging 177,933 units at $348,698 compared with 143,154 stock units at $308,990 on the previous day. August closed with an average of 183,001 shares at $460,354.
At the close, the Junior Market Index gained 13.23 points to close at 3,783.25.
The Junior Market ended trading with an average PE Ratio of 10.3, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Access Financial fell 5 cents to $24.95 while exchanging 3,324 shares, CAC 2000 increased 36 cents in closing at $3.88 as investors traded 200 stock units, Caribbean Assurance Brokers climbed 9 cents to end at $2.83 in switching ownership of 10,832 stocks, Consolidated Bakeries rose 32 cents to $2.42 with a transfer of 1,386 units. Derrimon Trading shed 50 cents to close at $1.50 with investors transferring 900,000 stocks, Dolphin Cove skidded 16 cents to end at $16 with an exchange of 69,012 units, EduFocal lost 13 cents to end at $1.22 after 20,157 shares passed through the market, Elite Diagnostic dropped 16 cents to close at $1.65 with 10,274 stock units clearing the market. Fosrich popped 5 cents and ended at $2.09 with an exchange of 452,242 shares, General Accident advanced 12 cents in closing at $5.10 with investors dealing in 97,478 stock units, 
Honey Bun declined 45 cents to $6 in an exchange of 164,387 units, Iron Rock Insurance dipped 10 cents to close at $2 with stakeholders exchanging 2,509 stocks. ISP Finance dipped 95 cents and ended at $44. With investors trading 97 stock units, Jamaican Teas rallied 20 cents to end at $2 after 4,917 stocks crossed the market, JFP Ltd declined 6 cents in closing at $1.44 after an exchange of 51,048 shares, Knutsford Express gained 43 cents to close at $11.43 with shareholders swapping 314 units. Lasco Manufacturing gained 12 cents to $5.32 in an exchange of 1,229 shares, Limners and Bards lost 10 cents in closing at $1.68, with 14,926 units crossing the exchange, Paramount Trading climbed 5 cents to end at $2 in trading 3,667 stocks. Spur Tree Spices fell 12 cents and ended at $2.02 with traders dealing in 67,664 stock units, 
Stationery and Office Supplies shed 7 cents to end at $1.58 after a transfer of 426,793 stock units and Tropical Battery dropped 10 cents to $1.90, with 30,221 shares changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading in One Great Studio stock jumps
Newly Junior Market listed One Great Studio had a big bounce of 21.66 million stocks traded to better the 14 million shares traded on Tuesday with the price edging 4 cents higher to $1.18. Trading in the new listing lifted the volume of stocks traded well above Tuesday’s level and helped to lift the value of stocks traded higher as well.
At close, the JSE Combined Market Index shed 1,372.25 points to close trading at 325,607.84, the All Jamaican Composite Index dipped 255.62 points to 345,947.18, the JSE Main Index declined 1,603.18 points to 311,845.95, the Junior Market Index gained 13.23 points to close at 3,783.25 while the JSE USD Market Index popped 2.22 points to 256.33.
At close, investors traded 31,325,305 shares in all three markets, up from 21,288,720 stock units on Tuesday. The value of stocks traded on the Junior and Main markets amounted to $122.83 million, versus $61.34 million on Tuesday. The JSE USD market closed with investors trading 218,675 shares for US$32,659 up from 90,382 units at US$2,822, on Tuesday.
In the preference segment, Eppley 7.25% preference share dipped $1.21 to $5.56 and Jamaica Public Service 7% rallied $15 to $57.
The market’s PE ratio, the most popular measure used to determine the value of stocks ended at 19.3 on 2022-23 earnings and 10.8 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, with 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.
Junior Market gets 49th listing
Jamaica’s most recent IPO that was oversubscribed, One Great Studio was listed and stated trading closed on the Junior Market of the Jamaica Stock Exchange on Tuesday, with the trading in the stocks dominating market activity with the vast majority of stocks traded and in the process pushed the volume for the day up 254 percent and the value 94 percent more than Monday after trading taking place in 42 securities compared with 40 on Monday and ended with prices of seven rising, 21 declining and 14 closing unchanged.
Investors traded 17,126,215 shares for $21,864,015 versus 4,843,898 units at $11,250,151 on Monday.
Trading averaged 407,767 shares at $520,572 compared with 121,097 units at $281,254 on Monday with the month to date, averaging 143,154 units at $308,990 in comparison to 120,286 stock units at $290,705 on the previous day. August closed with an average of 183,001 units at $460,354.
Newly listed One Great Studio led trading with 14.09 million shares for 82.3 percent of total volume followed by ONE on ONE Educational with 606,944 units for 3.5 percent of the day’s trade and Stationery and Office Supplies with 597,718 units for 3.5 percent market share.
At the close, the Junior Market Index shed 21.90 points to close at 3,770.02.
The Junior Market ended trading with an average PE Ratio of 10.3, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Access Financial popped $2.30 and ended at $25 in trading 227 shares, Cargo Handlers dropped 18 cents in closing at $16.20, with 250 units clearing the market, Dolla Financial fell 17 cents to end at $2.23 after 118,475 stock units crossed the market, Dolphin Cove dipped 33 cents to $16.16 in switching ownership of 181 stocks. Fontana lost 6 cents to close at $10.44 after investors traded 37,482 stocks, Fosrich shed 6 cents in closing at $2.04 in an exchange of 136,987 units, 
Honey Bun skidded 5 cents and ended at $6.45 while trading 14,285 shares, Indies Pharma fell 8 cents to close at $2.90 with stakeholders exchanging 23,822 stock units. Jamaican Teas lost 20 cents to end at a 52 weeks’ low of $1.80 after an exchange of 11,239 stock units, JFP Ltd declined 7 cents to $1.50 as investors exchanged 13,416 shares, KLE Group fell 5 cents to $1.50 with 50 stocks changing hands, Knutsford Express skidded 45 cents to end at $11 with a transfer of 1,737 units. Main Event shed 49 cents and ended at $14.50 with shareholders swapping 517 stock units, newly listed, One Great Studio rallied 14 cents to a record close of $1.14 after an exchange of 14,087,445 units and hitting a high of $1.29. Paramount Trading dropped 5 cents in closing at $1.95 after 100 stocks crossed the exchange, Regency Petroleum advanced 7 cents and ended at $2.20 in trading 171,249 shares, 
Stationery and Office Supplies dipped 9 cents to end at $1.65 and closed after 597,718 stocks were traded and Tropical Battery climbed 11 cents in closing at $2 with investors dealing in 185,951 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
One Great Studio hits market
One Great Studio was listed on the Junior Market of Virgin America Stock Exchange with more than 14 million shares trading up to $1.29 but closing at $1.14, the listing brings the total number of companies listed on the Junior Market to 49. Trading in the new listing lifted the volume of stock traded well above Monday, but it failed to lift the value of stocks traded and did little for the Junior Market Index that fell along with the rest of the market.
At close, the JSE Combined Market Index fell 803.13 points to 329,164.88, the All Jamaican Composite Index skidded 2,014.32 points to finish at 346,202.80, the JSE Main Index fell 2,127.01 points to end at 313,449.13, the Junior Market Index dipped 21.90 points to 3,770.02 while the JSE USD Market Index slipped 0.47 points to end at 254.89.
At the close, 21,288,720 shares were traded in all three markets, up from 13,322,055 stock units on Friday. The value of stocks traded on the Junior and Main markets amounted to $61.34 million, down from $91.5 million on Friday. Trading on the JSE USD market ended with investors exchanging 90,382 shares for US$2,822, down sharply from 183,401 units at US$13,204 on Friday.
In the preference segment, Eppley 7.25% preference share rose $1.30 and ended at $19.95.
The market’s PE ratio, the most popular measure used to determine the value of stocks ended at 19.7 on 2022-23 earnings and 10.8 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, with 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.
Junior Market falls as trading climbs
Price changes were mostly modest on the Junior Market of the Jamaica Stock Exchange Monday, and led rising and declining stocks sharing honours on a day when there was trading in 40 securities compared with 38 on Friday, ended with 17 rising, 17 declining and six closing unchanged with the volume of stocks traded jumping 146 percent and the value 144 percent more than Friday.
Investors exchanged 4,843,898 shares for $11,250,151 compared to 1,971,310 units at $4,610,291 on Friday.
Trading 0n Monday averaged 121,097 shares at $281,254 up from 51,877 units at $121,323 on Friday. Trading for the month to date, averages 120,286 stocks at $290,705 compared with 120,214 stocks at $291,552 on the previous day. August closed with an average of 183,001 units at $460,354.
Image Plus Consultants led trading with 1.08 million shares for 22.3 percent of total volume followed by Regency Petroleum with 791,364 units for 16.3 percent of the total stocks that were traded and ONE on ONE Educational with 756,895 units for 15.6 percent market share.
At the close, the Junior Market Index fell 37.52 points to 3,791.92.
The Junior Market ended trading with an average of PE of 10.6 based on last traded prices in conjunction with earnings projected by ICInsider.com 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, AMG Packaging skidded 23 cents to $2.28, with 10,817 shares changing hands, Caribbean Flavours fell 8 cents to end at $1.20 with shareholders swapping 1,985 stock units, Dolla Financial popped 12 cents to close at $2.40 with traders dealing in 293,601 units, EduFocal dipped 11 cents and ended at $1.34 in an exchange of 17,593 stock units. Elite Diagnostic gained 20 cents in closing at $1.81, with 320 shares crossing the exchange, Fontana lost 49 cents and ended at $10.50, with 11,199 stock units passing through the market, Fosrich rallied 13 cents in closing at $2.10 after 33,132 units were exchanged, General Accident climbed 44 cents to $4.99 after an exchange of 31,127 stock. Honey Bun declined 28 cents to close at $6.50 as investors traded 14,903 units, Image Plus Consultants shed 9 cents to end at $2.02 in trading 1,079,499 shares, 
Jamaican Teas dropped 6 cents to close at $2 after 68,896 stocks changed hands, but only after hitting an intraday 52 week’s low of $1.75. Knutsford Express rose 20 cents in closing at $11.45 with investors transferring 2,061 stock units, Lasco Distributors shed 10 cents and ended at $4.35 with a transfer of 53,195 units, Lasco Manufacturing lost 5 cents to end at $5.20 after an exchange of 63,824 stock units, Limners and Bards increased 12 cents to $1.80 after 23,670 stocks passed through the market. Main Event fell 26 cents to end at $14.99 in switching ownership of 67,532 shares, MFS Capital Partners dipped 20 cents to $2 with investors exchanging 137,500 shares, Paramount Trading advanced 7 cents and ended at $2 while 500 stocks were treated.
Regency Petroleum declined 10 cents to close at $2.13 with an exchange of 791,364 stock units and Spur Tree Spices popped 8 cents in closing at $2.14 with 5,322 units being traded.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Sharp jump for Scotia & Pan Jamaica
Scotia Group jumped $4, followed by gains of $3.94 in Pan Jamaica Group, $2.35 for Caribbean Cement and $2.29 in Jamaica Producers accompanied by decent gains in the rest of the days’ top performers lifted the Jamaica Stock Exchange Main Market on Monday, but the Junior Market suffered a sizable fall while the JSE USD declined moderately at the close.
At close, the JSE Combined Market Index dropped 803.13 points to close at 329,164.88, the All Jamaican Composite Index rose 1,789.14 points to end trading at 348,217.12, the JSE Main Index gained 1,229.06 points to 315,576.14, the Junior Market Index fell 37.52 points to finish at 3,791.92 and the JSE USD Market Index skidded 0.47 points to end at 254.89.
At close, investors traded 13,322,055 shares in all three markets, up from 8,039,740 stock units on Friday. The value of stocks traded on the Junior and Main markets amounted to $91.5 million, down from $107.9 million on Friday. Trading on the JSE USD market ended with investors exchanging 183,401 shares for US$13,204 from 596,504 units at US$36,632 on Friday.
In the preference segment, Eppley7.25% preference share fell $1.40 and ended at $18.65.
The market’s PE ratio, the most popular measure used to determine the value of stocks ended at 19.8 on 2022-23 earnings and 11 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, with companies grouped by industry, 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.