Palace gained $69.95 in Tuesday’s trading, which is not fully reflected in the above chart.
The Junior Market was the only Jamaica Stock Exchange market to record gains in Tuesday’s trading, while the US and the Main Market declined moderately, resulting in the JSE Combined Index, a measure of the overall market, falling 1,318.44 points to close at 368,159.24.
The All Jamaican Composite Index dropped 335.04 points to 406,039.02, the JSE Main Index fell 1,583.59 points to 354,153.90, the Junior Market Index rose 17.73 points to 4,116.93 and the JSE USD market Index slipped 0.88 points to close at 211.53.
Trading ended, with 14,308,105 shares changing hands, at $102.4 million, down from $114.5 million, with 21,014,171 shares traded in all markets on the previous trading day. The JSE USD market ended with the value of stocks traded at US$41,204 from US$5,262 on Friday.
The market’s PE ratio ended at 23.2 based on 2021-22 earnings and 12.5 times those for 2022-23 at the close of trading.
Investors need pertinent information to successfully navigate many investment options in the local stock market. The ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
Investors should use the chart to help make rational investment decisions by investing in stocks close to the average for the sector and not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and put in on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock.
The ICInsider.com PE Ratio chart covers all ordinary shares on the Jamaica Stock Exchange. It shows companies grouped on an industry basis, allowing easy comparisons between the same sector companies and the overall market.
The net asset value of each company is reported as a guide to assess the value of stocks based on this measure quickly. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends payable and yields for each company are shown in the Main and Junior Markets’ daily report charts that show the closing volume for the bids and offers.
The EPS & PE ratios are based on 2021 and 2022 actual or projected earnings, excluding major one off items. The PE Ratio is the most popular measure used to determine the value of stocks.
Price changes in both markets were relatively small, with Jetcon Corporation gaining 4 percent to close the week at $1.10, while Caribbean Cream declined 6 percent to $4.06 and 
The Junior Market has 14 stocks representing a third of the market, with PEs from 16 to 37, averaging 21 compared with the above-average market. The top half of the market has an average PE of 18. This data shows the extent of potential gains that the TOP 10 stocks possess. The situation in the main market is similar, with the 15 highest valued stocks priced at a PE of 15 to 80, with an average of 25 and 21 excluding the highest valued one and 18 for the top half excluding the highest valued stock.
ICTOP10 focuses on likely yearly winners, accordingly, the list includes some of the best companies in the market but not always. ICInsider.com ranks stocks based on projected earnings, allowing investors to focus on the most undervalued stocks and helping to remove emotions in selecting stocks for investments that often result in costly mistakes.
The All Jamaican Composite Index dropped 500.21 points to 406 374.06, the JSE Main Index fell 358.44 points to 355,737.49, the Junior Market Index shed 21.06 points to 4,099.20 and the JSE USD market Index popped 0.39 points to close at 212.41.
Investors should use the chart to help make rational investment decisions by investing in stocks close to the average for the sector and not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and put in on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock.
Dividends payable and yields for each company are shown in the Main and Junior Markets’ daily report charts that show the closing volume for the bids and offers.
The All Jamaican Composite Index dropped 1,662.75 points to 406 874.27, the JSE Main Index fell 1,570.82 points to 356,095.93, the Junior Market Index shed 38.20 points to 4,078.14 and the JSE USD market Index slipped 3.15 points to close at 212.02.
The net asset value of each company is reported as a guide to assess the value of stocks based on this measure quickly. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends payable and yields for each company are shown in the Main and Junior Markets’ daily report charts that show the closing volume for the bids and offers.
The All Jamaican Composite Index dropped points to 408,537.02, the JSE Main Index fell 1,835.87 points to 357,666.75, the Junior Market Index shed 25.60 points to 4,116.34 and the JSE USD market Index slipped 1.87 points to close at 215.17.
The net asset value of each company is reported as a guide to assess the value of stocks based on this measure quickly. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends payable and yields for each company are shown in the Main and Junior Markets’ daily report charts that show the closing volume for the bids and offers.
The All Jamaican Composite Index popped 436.67 points to 410,175.31, the JSE Main Index rose 293.25 points to 359,209.37, the Junior Market Index shed 15.18 points to 4,141.94 and the JSE USD market Index slipped 0.87 points to close at 217.04.
This approach helps to remove emotions from investment decisions and put in on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock.
Dividends payable and yields for each company are shown in the Main and Junior Markets’ daily report charts that show the closing volume for the bids and offers.
The All Jamaican Composite Index popped 529.05 points to 409,683.84, the JSE Main Index climbed 449.27 points to 359,209.37, the Junior Market Index shed 18.77 points to 4,1 57.12 and the JSE USD market Index slipped 4.59 points to close at 217.91
The net asset value of each company is reported as a guide to assess the value of stocks based on this measure quickly. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends payable and yields for each company are shown in the Main and Junior Markets’ daily report charts that show the closing volume for the bids and offers.
Lasco Manufacturing and Jetcon Corporation return to the ICTOP10.
The Junior Market is projected to rise by 246 percent and the Main Market TOP10 is projected to gain an average of 235 percent, to May 2023.
ICTOP10 focuses on likely yearly winners, accordingly, the list includes some of the best companies in the market but not always. ICInsider.com ranks stocks based on projected earnings, allowing investors to focus on the most undervalued stocks and helping to remove emotions in selecting stocks for investments that often result in costly mistakes.
Trading ended, with 26,446,637 shares changing hands, at $118.2 million, up from $149.7 million, with 21,520,578 shares traded in all markets on the previous day. The JSE USD market ended with the value of stocks traded at US$26,409 from US$8,280 on Thursday.
The net asset value of each company is reported as a guide to assess the value of stocks based on this measure quickly. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends payable and yields for each company are shown in the Main and Junior Markets’ daily report charts that show the closing volume for the bids and offers.
The All Jamaican Composite Index popped 3,348.14, points to 408,553.26 and the JSE Main Index jumped 2,003.26 points to 357,015.40.
The net asset value of each company is reported as a guide to assess the value of stocks based on this measure quickly. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends payable and yields for each company are shown in the Main and Junior Markets’ daily report charts that show the closing volume for the bids and offers.
