Investors pushed the Junior Market of the Jamaica Stock Exchange index over the 4,000 points mark for the first time since the end of January and moved it back into the black for the first time since, with the market rising 11.6 percent from the low point in February this year at the close, the Junior Market Index rose 27.22 points to close at 4,011.23.
Trading on Friday ended with the volume of stocks traded rising 32 percent valued 27 percent more than Thursday with 42 securities changing hands compared with 44 on Thursday and ended with 18 rising, 11 declining and 13 closing unchanged.
A total of 6,035,265 shares were traded for $17,244,300 compared with 4,560,776 units at $13,565,316 on Thursday.
Trading averaged 143,697 shares at $410,579 up from 103,654 shares at $308,303 on Thursday with the month to date, averaging 167,368 units at $603,757 compared to 172,891 stocks at $648,832 on the previous day. June closed with an average of 319,230 units at $854,456.
Dolla Financial led trading with 1.31 million shares for 21.6 percent of total volume followed by MFS Capital Partners with 1.21 million units for 20.1 percent of the day’s trade and Fosrich with 1.13 million units for 18.7 percent of the day’s trade.
The PE Ratio, a measure of computing appropriate stock values, averages 11.4. 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 seven stocks mended with bids higher than their last selling prices and one with a lower offer.
At the close, Blue Power lost 57 cents in closing at $3 after 11,020 shares were traded, Cargo Handlers shed 30 cents and ended at $18 with shareholders swapping 3,000 units, Caribbean Cream advanced 49 cents to close at $4.52 in an exchange of 61,951 stock units, Caribbean Flavours dipped 8 cents to $1.22 with stakeholders exchanging 5,000 stocks. Consolidated Bakeries declined 19 cents to end at $2.80 with a transfer of 20,185 stock units, 
Dolla Financial rose 8 cents to $2.43 with investors trading 1,305,738 stocks, Express Catering popped 15 cents to close at $5.40 with an exchange of 3,024 shares, Fontana dropped 89 cents to end at $11.21 with investors transferring 37,362 units. iCreate gained 13 cents to end at $1.30 after 359,406 stock units crossed the market, Image Plus Consultants climbed 12 cents in closing at $2.19 after 201,444 stocks passed through the market, ISP Finance fell $4.39 in closing at $20.01 with an exchange of 16,187 shares, Lasco Distributors rallied 47 cents to $4.07 with 26,347 units clearing the market. Lasco Manufacturing increased 29 cents and ended at $4.79 with 1,276 units changing hands, Limners and Bards rallied 8 cents to close at $2.20 after an exchange of 77 stock units, Main Event advanced 49 cents to end at $16.49 as investors exchanged 1,000 stocks, 
MFS Capital Partners fell 18 cents after it ended at $2.70 with a transfer of 1,214,901 shares. Paramount Trading popped 10 cents to close at $2.10, with 316 units crossing the market, Stationery and Office Supplies lost $1.40 to end at $27 in trading 86,722 shares and tTech increased 24 cents to $2.25 while exchanging 4 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market in black after 6 months
On a day when the Main Market slipped moderately and the JSE USD market recorded modest gains, the Junior Market climbed to its highest level since the end of January this year and closed in positive territory for the first time in just over five months, having crossed over 4,000 points mark at the close as it continues to consolidate in pursuit of much higher levels as indicated by technical readings, as the overall market ended trading activities below that on Thursday.
At the close, the JSE Combined Market Index lost 969.18 points to close at 341,482.60, the All Jamaican Composite Index dropped 2,051.59 points to end at 363,287.98, the JSE Main Index fell 1,305.66 points to 326,625.92, while the Junior Market Index popped 27.22 points to close at 4,011.23 and the JSE USD Market Index popped 0.95 points to close at 243.83.
Preference shares with notable price movements but not included in the Main Market TOP10 graphs include Productive Business 10.50% pref share that declined by $99.99 to $1100.01 and Jamaica Public Service 7% fell $6.21 to close at $50.
At the close, investors exchanged 18,632,454 shares in all three markets, down from 24,344,007 stocks on Thursday. The value of stocks trading in the Junior and Main markets was $59.33 million, compared with $61.37 million on Thursday. Trading on the JSE USD market ended with investors exchanging 684,072 shares for US$37,141, up from 266,681 units at US$6,174 on Thursday.
The market’s PE ratio, the most popular measure used to determine the value of stocks ended at 18.9 on 2022-23 earnings and 12.6 times those for 2023-24 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange and shows companies grouped by industry, allowing for easy comparisons between the same sector companies and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Investors need pertinent information to successfully navigate numerous investment options in the local stock market. The ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
Investors should use the chart to help make rational decisions when investing in stocks close to the average for the sector and not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock.
The net asset value of each company is reported as a guide to assess the value of stocks based on this measure quickly. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends paid or payable and yields for each company are shown in the Main and Junior Markets’ daily report charts along with the closing volume pertaining to the highest bid and the lowest offer for each company.
Highest close for Junior Market in 5 months
Trading declined on the Junior Market of the Jamaica Stock Exchange on Thursday, with the volume of stocks traded falling 17 percent, with the value 26 percent lower than on Wednesday as the market consolidates to move higher after trading in 44 securities down from 46 on Wednesday and ended with 22 rising, 16 declining and six closing unchanged. 
The Junior Market Index traded in the 4,040 points region late in the trading session and ended adding just 3.37 points to conclude trading at 3,984.01, just 2.43 points below the close at the end of 2022 and the highest end of day finish since the start of February this year.
Investors traded 4,560,776 shares for $13,565,316 down from 5,502,698 units at $18,254,039 on Wednesday.
Trading averaged 103,654 shares at $308,303 compared with 119,624 shares at $396,827 on Wednesday, with the month to date, averaging 172,891 units at $648,832 compared to 195,291 stock units at $759,003 on the previous day, well below trading in June with an average of 319,230 units at $854,456.
ONE on ONE Educational led trading with 865,723 shares for 19 percent of total volume followed by Dolla Financial with 758,319 units for 16.6 percent of the day’s trade and Fosrich with 466,664 units for 10.2 percent market share.
The PE Ratio, a measure of computing appropriate stock values, averages 11.4. 
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 three stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, AMG Packaging popped 16 cents to $2.51 with 3,804 shares clearing the market, Blue Power rallied 27 cents in closing at $3.57 after an exchange of 163 stock units, CAC 2000 gained $1.40 and ended at $7, with stakeholders exchanging 200 stocks, Cargo Handlers advanced $3.26 to $18.30 while exchanging 236 units, Caribbean Flavours increased 8 cents to end at $1.30 after 203,100 stocks changed hands. Consolidated Bakeries climbed 48 cents and ended at $2.99, with 17,210 shares crossing the exchange, Dolphin Cove rose 31 cents to end at $16.80, with 5,212 stock units crossing the market, Fontana lost 40 cents in closing at $12.10 in trading 297,841 units, Fosrich climbed 12 cents to close at $2.46 with investors transferring 466,664 shares, 
General Accident gained 15 cents to end at $5, with 17,224 units crossing the market. Iron Rock Insurance declined 31 cents to $2.49 with a transfer of 11,900 stock units, ISP Finance climbed $4.40 to close at $24.40 after an exchange of 5 stock units, JFP Ltd shed 11 cents to end at $1.63 after a transfer of 15,453 units, Knutsford Express fell 30 cents in closing at $11.65 with shareholders swapping 2,428 stock units. Lasco Distributors shed 54 cents to close at $3.60 after investors exchanged 204,660 stocks up to an intraday 52 weeks’ high of $4.19, Main Event dropped $1.40 to close at $16 in switching ownership of 1,158 shares, Medical Disposables rose 44 cents in closing at $4.74 after five shares passed through the market. Paramount Trading dipped 10 cents and ended at $2 with an exchange of 15,000 stock units, 
Stationery and Office Supplies advanced $1.40 to $28.40 and closed with 24,703 units changing hands and Tropical Battery popped 12 cents to end at $2.02 in an exchange of 99,807 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading dives on the Jamaica Exchange
Trading ended with mixed fortunes on Thursday, with trading levels falling below that on Wednesday and resulted in the JSE Main index and JSE USD market indices declining but the Junior Markets and the All Jamaican index rose.
At the close, the JSE Combined Market Index fell 385.17 points to end at 342,451.78, the All Jamaican Composite Index rallied 655.47 points to 365,339.57, but the JSE Main Index dipped 445.92 points to 327,931.58 while the Junior Market Index popped 3.37 points to close at 3,984.01, after closing in on 4,040 points up to last 30 minutes left in the day’s session. The JSE USD Market Index slipped 3.45 points to 242.88.
Preference share with notable price movements but not in the Main Market TOP10 graphs was Jamaica Public Service 7% gaining $1.21 to $56.21.
At the close, investors exchanged 24,344,007 shares in all three markets, up from 23,127,467 stocks on Thursday. The value of stocks trading in the Junior and Main markets was $61.37 million, down from $108.2 million on Thursday. Trading on the JSE USD market ended with investors exchanging 266,681 shares for US$6,174 from 230,849 units at US$10,905 on Thursday.
The market’s PE ratio, the most popular measure used to determine the value of stocks ended at 18.8 on 2022-23 earnings and 12.6 times those for 2023-24 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange and shows companies grouped by industry, allowing for easy comparisons between the same sector companies and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Investors need pertinent information to successfully navigate numerous investment options in the local stock market. The ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
Investors should use the chart to help make rational decisions when investing in stocks close to the average for the sector and not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock.
The net asset value of each company is reported as a guide to assess the value of stocks based on this measure quickly. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends paid or payable and yields for each company are shown in the Main and Junior Markets’ daily report charts along with the closing volume pertaining to the highest bid and the lowest offer for each company.
Junior Market trading dipped on Wednesday
Trading dipped on the Junior Market of the Jamaica Stock Exchange Wednesday, with the volume of stocks traded falling 24 percent and the value 26 percent lower than on Tuesday with 46 securities trading compared with 45 on Tuesday and ended with 18 rising, 20 declining and eight closing unchanged and the market index slipping after opening over the 4,000 mark in the early morning session.
Investors traded 5,502,698 shares for $18,254,039 compared with 7,265,809 units at $24,794,866 on Tuesday.
Trading averaged 119,624 shares for $396,827 in comparison with 161,462 shares at $550,997 on Tuesday with the month to date, averaging 195,291 units at $759,003 compared with 233,965 stocks at $944,115 on the previous day. June closed with an average of 319,230 units at $854,456.
Fosrich led trading with 904,316 shares for 16.4 percent of total volume followed by Future Energy Source with 782,065 units for 14.2 percent of the day’s trade and JFP Ltd with 614,259 units for 11.2 percent market share.
At the close, the Junior Market Index dipped 3.70 points to 3,980.64.
The PE Ratio, a measure of computing appropriate stock values, averages 11.2. The PE ratios of the Junior Market uses 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 ended with bids higher than their last selling prices and five with lower offers.
At the close, AMG Packaging rose 8 cents to $2.35 after 1,029 shares passed through the market, CAC 2000 declined $1.45 to end at $5.60 after hitting an intraday low of $5.01, in switching ownership of 71 units, Cargo Handlers dropped $6.36 to $15.04 after an exchange of 6,583 stocks, Caribbean Cream dipped 40 cents and ended at $4 with shareholders swapping 50,302 stock units. Caribbean Flavours fell 17 cents to $1.22, with 2,228 shares crossing the exchange, Consolidated Bakeries dropped 48 cents in closing at $2.51 after 20,862 stock units were traded, Dolla Financial climbed 16 cents to $2.31 in an exchange of 591,004 stocks, Dolphin Cove shed 41 cents to end at $16.49, with stakeholders exchanging 47,879 units. Elite Diagnostic popped 19 cents to close at $2.20, with 2,203 stock units crossing the market, Express Catering gained 22 cents and ended at $5.25 after a transfer of 2,700 units, 
Fontana lost 20 cents to close at $12.50 in an exchange of 161,935 stocks, Fosrich increased 19 cents to $2.34, with 904,316 shares clearing the market. Future Energy Source rallied 9 cents in closing at $3.98 while exchanging 782,065 shares, GWest Corporation advanced 10 cents to close at $1.03 with investors trading 186 units, Indies Pharma declined 10 cents to end at $3.20 after an exchange of 15,050 stock units, ISP Finance fell $5 to $20, with 3,182 stocks crossing the market. KLE Group rallied 14 cents in closing at $1.79 with an exchange of just six stocks, Lasco Distributors climbed 45 cents and ended at 52 weeks’ high of $4.14 with 87,634 units changing hands, Medical Disposables shed 71 cents to end at $4.30 as investors exchanged 500 shares, 
Stationery and Office Supplies dropped 95 cents to close at $27 and closed after trading in 72,455 stock units and tTech dipped 9 cents to $2.01 in trading 105,500 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading pull back on the Jamaica Exchange
Trading pulled back from a bounce on Tuesday and return to more recent levels as the Main and Junior Markets index slipped at the close of the Jamaica Stock Exchange on Wednesday and the USD markets rose after the volume and value of stocks traded dropped compared to Tuesday.
At the close, the JSE Combined Market Index dropped 489.22 points to 342,836.95, the All Jamaican Composite Index dropped 1,461.79 points to finish at 364,684.10, the JSE Main Index fell 487.98 points to settle at 328,377.50. The Junior Market Index slipped 3.70 points to close at 3,980.64. The JSE USD Market Index popped 3.85 points to close at 246.33.
Preference shares with notable price movements but not in the Main Market TOP10 graphs are Eppley 5% preference share gained $2.87 and ended at $20, Eppley 7.50% preference share rallied 61 cents to end at $6.70 and Jamaica Public Service7% advanced $6.12 to $55.
At the close, investors exchanged 23,127,467 shares, in all three markets, down sharply from 83,893,459 stocks on Tuesday. The value of stocks trading in the Junior and Main markets was $108.2 million, a big climb from $654.8 million on Tuesday. Trading on the JSE USD market ended with investors exchanging 230,849 shares for US$10,905 from 447,072 units at US$12,058 on Tuesday.
The market’s PE ratio, the most popular measure used to determine the value of stocks ended at 18.6 on 2022-23 earnings and 12.5 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 and shows companies grouped by industry, allowing for easy comparisons between the same sector companies and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Investors need pertinent information to successfully navigate numerous investment options in the local stock market. The ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
Investors should use the chart to help make rational decisions when investing in stocks close to the average for the sector and not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock.
The net asset value of each company is reported as a guide to assess the value of stocks based on this measure quickly. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends paid or payable and yields for each company are shown in the Main and Junior Markets’ daily report charts along with the closing volume pertaining to the highest bid and the lowest offer for each company.
The Junior Market climbs higher
The Junior Market of the Jamaica Stock Exchange closed moderately higher on Tuesday after trading volume and value dropped compared with Monday resulting from a 47 percent drop in the volume of stocks traded, with a 59 percent lower value with trading in 45 securities similar to trading on Monday and ended with 18 rising, 22 declining and five closing unchanged.
Investors traded 7,265,809 shares for $24,794,866 versus 13,791,073 units at $60,175,455 on Monday.
Trading averaged 161,462 shares at $550,997 in contrast with 306,468 shares at $1,337,232 on Monday with the month to date, averaging 233,965 units at $944,115. June closed with an average of 319,230 units at $854,456.
ONE on ONE Educational led trading with 1.08 million shares for 14.8 percent of total volume followed by Dolla Financial with 1.07 million units for 14.7 percent of the day’s trade and Future Energy Source with 935,090 units for 12.9 percent market share.
The Junior Market Index rose 15.38 points to 3,984.34.
The PE Ratio, a measure of computing appropriate stock values, averages 11.5. PE ratios of Junior Market stocks are based on 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 five stocks ended with bids higher than their last selling prices and five with lower offers.
At the close, Access Financial increased 12 cents in closing at $22.67, with 49 shares crossing the market, AMG Packaging shed 28 cents to close at $2.27 after a transfer of 247,985 stocks, CAC 2000 rose $1.45 and ended at $7.05 with investors transferring 100 units, Caribbean Assurance Brokers climbed 16 cents to $3.25 with an exchange of 57,256 stock units. Caribbean Cream dipped 10 cents to end at $4.40 after 38,758 stock units changed hands, Consolidated Bakeries popped 47 cents to close at $2.99 in the trading of 15,341 units, Dolphin Cove gained 25 cents to end at $16.90 and closed with an exchange of 33,998 stock units, EduFocal advanced 17 cents to $1.82 in switching ownership of 303,478 shares. Elite Diagnostic fell 19 cents in closing at a 52weeks’ low of $2.01, with 100,301 stocks crossing the exchange, Everything Fresh rallied 8 cents and ended at $1.60 as 201 stock units passed through the market, Express Catering declined 47 cents to end at $5.03 with a transfer of 5,987 shares, 
Fontana climbed 70 cents to close at a 52 weeks’ high of $12.70 in an exchange of 214,601 units. Future Energy Source rose 9 cents in closing at $3.89 with shareholders swapping 935,090 stocks, Honey Bun rallied 50 cents and ended at $6.65 in trading 43 units, Jamaican Teas lost 15 cents in ending at $2.35 after an exchange of 49,353 shares, JFP Ltd gained 11 cents to close at $1.74, with 649,908 stock units crossing the market. KLE Group dropped 15 cents to $1.65, with just 2 stocks changing hands, Lasco Distributors popped 14 cents to end at 52 weeks’ high of $3.69, with stakeholders exchanging 44,566 shares and ended with a sparse number of stocks on offer for sale at the close, Lasco Financial lost 22 cents in closing at $2.49 after an exchange of 1,131 units, Lasco Manufacturing dropped 20 cents to close at $4.50 as investors exchanged 134,423 stock units. 
Main Event dipped 10 cents in closing at $17.40, with 15,535 units clearing the market, Medical Disposables fell 88 cents to $5.01 while exchanging 300 stock units and Spur Tree Spices shed 13 cents to end at $2.10 after a transfer of 512,417 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading bumped up over Monday
Trading surged on the Jamaica Stock Exchange on Tuesday, as the Junior Market index rose but the Main and the USD markets declined after trading level more than doubled that on Monday as Eppley traded 8.4 million shares at a value of $358 million and JMMB Group 7.25C preference share traded 5 million units for $96.5 million
At the close, the JSE Combined Market Index dipped 113.78 points to end at 343,326.17, the All Jamaican Composite Index fell 659.59 points to 366,145.89, the JSE Main Index slipped 272.83 points to 328,865.48 fell 659.59 points to 366,145.89, the JSE Main Index declined 272.83 points to 328,865.48. The Junior Market Index rose 15.38 points to close at 3,984.34. The JSE USD Market Index fell 6.53 points to close at 242.48.
Preference shares with notable price movements but not in the Main Market TOP10 graphs are Eppley 7.50% preference share that dipped $1.08 to $6.09, Jamaica Public Service 7% dropping $8.62 to close at $48.88. Jamaica Public Service 9.5% fell $22 to end at $2978, 138 Student Living preference share rose $17 to end at $105 and Productive Business Solutions 9.75% preference share rallied $12.90 to $103.
At the close, investors exchanged 83,893,459 shares in all three markets, up sharply from 24,673,817 stocks on Monday. The value of stocks trading in the Junior and Main markets was $654.8 million, a big climb from $192.4 million on Monday. 
Trading on the JSE USD market ended with an exchange of 447,072 shares for US$12,058 from 1,296,152 units at US$10,636 on Monday.
The market’s PE ratio, the most popular measure used to determine the value of stocks ended at 18.8 on 2022-23 earnings and 12.6 times those for 2023-24 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making. The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange and shows companies grouped by industry, allowing for easy comparisons between the same sector companies and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Investors need pertinent information to successfully navigate numerous investment options in the local stock market and 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 base 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 slips in greeting July
Trading closed on the Junior Market of the Jamaica Stock Exchange Monday, with the volume of stocks traded declining 41 percent with a flat value compared with Friday after trading in 45 securities compared with 46 on Friday and ended with prices of 16 rising, 22 declining and seven closing unchanged.
Investors traded 13,791,073 shares at $60,175,455 versus 23,247,331 units at $60,143,836 on Friday.
Trading averaged 306,468 shares at $1,337,232 compared to 505,377 units at $1,307,475 on Friday. Trading in June closed with an average of 319,230 units at $854,456.
Future Energy Source led trading with 6.24 million shares for 45.3 percent of total volume followed by Dolla Financial with 2.25 million units for 16.3 percent of the day’s trade and JFP Ltd with 758,578 units for 5.5 percent market share.
At the close, the Junior Market Index lost 15.27 points to start off July at 3,968.96.
The PE Ratio, a measure of computing appropriate stock values, averages 11.5. The PE ratios of Junior Market stocks are computed using the last traded price along with projected earnings 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 one with a lower offer.
At the close, Access Financial declined $3.43 to close at $22.55 with investors transferring 317 shares, Blue Power rose 13 cents to $3.25 in an exchange of 13,162 units, Cargo Handlers climbed $2.40 and ended at $21.40 with 6,096 stocks changing hands. Caribbean Assurance Brokers fell 21 cents in closing at $3.09 with a transfer of 132,532 stocks, Caribbean Cream dipped 20 cents to end at $4.50, with 554 stock units passing through the exchange, Dolphin Cove dropped 25 cents to $16.65 with investors trading 2,927 stocks. EduFocal shed 14 cents to close at $1.65 after an exchange of 131,055 units, Fontana rallied $1.06 to end at a 52 week’s closing high of $12, after hitting an intraday high of $13 in switching ownership of 333,863 shares, Fosrich lost 10 cents in closing at $2.20 and closed with an exchange of 274,872 units. Future Energy Source shed 25 cents to end at $3.80, with 6,243,053 stocks clearing the market, General Accident lost 14 cents to end at $4.86 while exchanging 31,712 shares, 
Honey Bun dropped 45 cents to close at $6.15, with 12,277 stock units crossing the exchange. Indies Pharma fell 23 cents to $3.30 after 636,554 stocks passed through the market, Iron Rock Insurance increased 25 cents to $2.75 with stakeholders exchanging 53 units, ISP Finance climbed $2.96 in closing at $25 after a transfer of 24,112 stocks. JFP Ltd dipped 17 cents to $1.63 in trading 758,578 shares, Lasco Manufacturing popped 18 cents to close at $4.70 with shareholders swapping 18,490 stocks, Main Event gained 50 cents to close at a record high of $17.50 after 3,637 units were exchanged. Medical Disposables dipped 11 cents to $5.89 with an exchange of 63 shares, ONE on ONE Educational slipped 11 cents to end at $1.11 as investors exchanged 271,010 stock units, Regency Petroleum fell 22 cents in closing at $2.70, with 390,048 units crossing the market. 
Spur Tree Spices lost 32 cents to close at $2.23 after hitting an intraday 52 weeks’ low of $2.07 with 657,597 stock units crossing the market, Stationery and Office Supplies gained $4.52 to end at $28, with stakeholders exchanging 665,932 shares and tTech declined 15 cents to $2.10 in trading 249 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE markets fall in welcoming July
All three markets on Jamaica Stock Exchange closed lower on Monday, but the Junior Market made solid gains throughout the trading session after it opened down to just over 3,909 points within minutes of opening, thanks to a big jump in the prices of Fontana and Stationery and Office Supplies, the market index ended much higher at the close, but the Main and the USD Market suffered sharp reversal to Friday’s close.
At the close, the JSE Combined Market Index dropped 2,842.58 points to close at 343,439.95, the All Jamaican Composite Index dived 3,768.45 points to 366,805.48, the JSE Main Index declined 2,896.62 points to finish at 329,138.31. The Junior Market Index lost 15.27 points to close at 3,968.96. The JSE USD Market Index fell 7.39 points to close at 249.01.
Preference shares with notable price movements but not in the Main Market TOP10 graphs are Jamaica Public Service 7% shed $9.50 and ended at $57.50 and 138 Student Living preference share advanced $3 in closing at $88.
At the close, investors exchanged 24,673,817 shares, in all three markets, down sharply from 48,899,684 stocks on Friday. The value of stocks trading in the Junior and Main markets was $192.4 million, down from $307.37 million on Friday. Trading on the JSE USD market ended with investors exchanging 1,296,152 shares for US$10,636 down from 179,896 units at US$10,636 on Friday.
The market’s PE ratio ended at 18.8 on 2022-23 earnings and 12.8 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 per industry, 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.