Trading resumed on the Trinidad and Tobago Stock Exchange on Wednesday, following the break for the Christmas holidays and ended with the volume of stocks traded declining 18 percent with the value 79 percent lower than on Friday resulting from trading in 13 securities compared with 15 on Friday, with the price of just one stock rising, four declining and eight remaining unchanged.
Investors exchanged 407,014 shares for $2,676,279 down from 498,663 stock units at $13,047,460 on Friday.
An average of 31,309 shares were traded at $205,868 down from 33,244 stock units at $869,831 on Friday. Trading for the month to date averages 18,102 shares at $263,234 compared with 17,478 units at $265,945 on the prior trading day. The average trade for November amounts to 19,241 shares at $227,402.
The Composite Index inched 1.04 points higher to end at 1,205.38, the All T&T Index rallied 2.01 points to close at 1,799.39, the SME Index remained at 72.62 and the Cross-Listed Index ended unchanged at 79.74.
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, Angostini’s slipped 35 cents to $68.15 with investors swapping 1,441 shares, CinemaOne ended at $7.20 with an exchange of 192,579 stock units, First Citizens Group shed 10 cents to end at $49.11 after 1,018 shares were traded. FirstCaribbean International Bank ended at $7.05 after an exchange of 4,025 stock units, Guardian Media rose 19 cents and ended at $2.20 in trading 200 shares, L.J. Williams B share declined 4 cents to $2.20, with 2,570 stocks crossing the exchange. Massy Holdings ended at $4.44 in switching ownership of 6,142 units, 
National Enterprises ended at $4.15 with investors exchanging 176,055 stock units, Prestige Holdings closed at $9.25, with an exchange of 9,942 shares. Republic Financial lost $1.84 to end at $121 in an exchange of 832 stock units, Scotiabank slipped 4 cents to $69.95 in trading 475 units, Trinidad & Tobago NGL remained at $10.30 with investors trading 10,985 stocks and Unilever Caribbean dipped 10 cents in closing at $11.25 after 750 units changed hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading fell back on TTSE on Wednesday
Trading surge for Jamaican stocks
Trading surged again on Wednesday following the sharp jump on Friday on the Jamaica Stock Exchange with the value of stocks traded exceeding $1 billion, with trading ending with the Junior and The Main Market rising above the close on Friday, with the USD Market also closing higher as the Junior Market slipped to close out trading, with market activity ending with the volume and falling below Wednesday’s levels on the penultimate day before the Christmas break for the market.
A total of 132,966,020 shares, were traded in all three markets, up from 123,026,015 units on Friday.
The value of stocks traded on the Junior and Main markets amounts to $1.06 billion compared with $527.23 million on Friday. The JSE USD market with 127,343 shares traded for US$6,740 compared to 159,494 units at US$2,742 on Friday.
Barita Investments was one of a number of stocks dominating trading, after an exchange of 1.84 million shares at $129 million, Caribbean Cement traded 2.15 million shares for $115.6 million, Mailpac Group trading 50.06 million shares for $103 million, Jamaican Teas ended with an exchange of 32.75 million units for $74.8 million, NCB Financial traded 3,108,015 shares at $202 million, Wisynco Group closed with 4.37 million shares for $93.8 million, Sygnus Credit Investments closed with 5.88 million at $62.9 million and Pan Jamaica had an exchange of 1.55 million shares for $76.7 million.
At the close of the market, Main Market stocks rallying were Seprod up $2.49, Guardian Holdings with a rise of $2.01, Pan Jamaica up $1.45 and Wisynco Group, up 50 cents. Declining Main Market stocks were Eppley Caribbean Property down $2.10 90 cents, First Rock Real Estate with a loss of $1.47 and NCB Financial with a fall of 90 cents.
Rising Junior Market stocks include Cargo handlers up $1.84, Spur Tree Spices gaining 39 cents and Medical Disposables up 20 cents. ISP Financial lost $4.55 and Knutsford Express fell $1.18.
At the close of trading, the JSE Combined Market Index rose 1,922.04 points to close at 330,516.72, the All Jamaican Composite Index rallied 858.00 points to 354,396.78, the JSE Main Index rallied 761.89 points to wrap-up trading at 317,560.34. The Junior Market Index popped 5.11 points to end the day at 3,733.25 and the JSE USD Market Index rose 1.36 points to conclude trading at 222.46.
In the preference segment, no stock traded with a notable price change.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21 on 2022-23 earnings and 14.1 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 navigate numerous investment options successfully in the 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.
Pre Christmas rally for Trinidad Exchange
Trading ended on the Trinidad and Tobago Stock Exchange on Friday, with the volume of stocks traded rising 196 percent with the value 10 percent lower than on Thursday and resulting in the trading of 15 securities compared with 16 on Thursday, and ended with five stocks rising, three declining and seven remaining unchanged.
Investors exchanged 498,663 shares for $13,047,460 versus 168,184 stock units at $14,467,631 on Thursday.
An average of 33,244 units were traded at $869,831 compared to 10,512 shares at $904,227 on Thursday, with trading month to date averaging 17,478 shares at $265,945 compared with 16,568 units at $231,107 on the previous day, comparing favourably to the average trade for November of 19,241 shares at $227,402.
The Composite Index popped 5.08 points to end at 1,204.34, the All T&T Index advanced 6.49 points to end at 1,797.38, the SME Index dipped 0.23 points to close at 72.62 and the Cross-Listed Index gained 0.50 points to lock up trading at 79.74.
Investor’s Choice bid-offer indicator shows seven stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Agostini’s ended trading at $68.50 with investors exchanging 4,813 stock units, Angostura Holdings rose $1.95 to finish at $21.94, with 23 shares clearing the market, Ansa McAl lost 6 cents to end trading at $54 with investors dealing in 77 units. CinemaOne fell 5 cents and ended at $7.20 after 243,152 stocks crossed the market, First Citizens Group popped 21 cents to close at $49.21 after investors closed trading with an exchange of 1,193 shares, FirstCaribbean International Bank ended at $7.05 after a transfer of 201 stocks. Guardian Holdings rose 85 cents in closing at $18.25 with investors swapping 12,476 units, Massy Holdings rose 16 cents to end at $4.44 after an exchange of 78,561 stock units, 
National Enterprises remained at $4.15 with a transfer of 55,390 shares. NCB Financial ended at $3.40 as investors traded 7,123 stocks, Prestige Holdings ended at $9.25 after 141 units passed through the market, Republic Financial shed 16 cents and ended at $122.84 with investors transferring 75,553 stock units. Scotiabank rallied 1 cent to close at $69.99 after an exchange of 9,825 shares, Trinidad & Tobago NGL ended at $10.30 and closed trading with 4,560 stocks changing hands and West Indian Tobacco ended at $9 with traders dealing in 5,575 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Ansa Mcal & Republic send TTSE higher
Ansa McAl jumped $2.06, Republic Financial gained 83 cents and NCB Financial rose 40 cents, but a $1.96 drop in the price of Angostura Holdings could not prevent the Trinidad and Tobago Stock Exchange from rising on Thursday, following gains in the prices of seven stocks, after five declined and four remaining unchanged after trading in 16 securities compared with 18 on Wednesday.
Investors exchanged 168,184 shores for $14,467,631 versus 199,721 stock units at $6,925,227 on Wednesday.
At the close on Thursday, an average of 10,512 shares were traded at $904,227 compared to 11,096 stock units at $384,735 on Wednesday. Trading for the month to date averages 16,568 shares at $231,107 compared to 16,965 units at $186,965 on the previous day and the average trade for November of 19,241 shares at $227,402.
The Composite Index climbed 10.24 points to conclude trading at 1,199.26, the All T&T Index advanced 1.84 points to end the day at 1,790.89, the SME Index remained unchanged at 72.85 and the Cross-Listed Index gained 2.69 points to settle at 79.24.
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, Agostini’s climbed 35 cents to a 52 weeks’ high of $68.50 in switching ownership of 100 stock units, Angostura Holdings dropped $1.96 to $19.99 with investors swapping 213 shares, Ansa McAl increased $2.06 to $54.06 with a transfer of 23 units. Ansa Merchant Bank ended at $45.50 after 75 stocks passed through the market, First Citizens ended at $49 with investors trading 5,203 shares, FirstCaribbean International Bank popped 1 cent to close trading at $7.05 after an exchange of 5,240 stocks. GraceKennedy advanced 1 cent in closing at $4.11 with investors trading 1,049 units, Guardian Holdings shed 1 cent to close at $17.40, with 1,114 stock units crossing the market, Massy Holdings declined 7 cents to end at $4.28 after trading 26,620 shares. National Enterprises ended at $4.15 as investors exchanged 4,146 stocks,
NCB Financial rose 40 cents to $3.40 in trading 6,135 units, Prestige Holdings rallied 9 cents in closing at $9.25, with 2,751 stock units changing hands. Republic Financial gained 83 cents to end at $123 with an exchange of 113,312 shares, Scotiabank remained at $69.98 with 260 stocks clearing the market, Trinidad & Tobago NGL slipped 2 cents to close at a 52 weeks’ low of $10.30 while exchanging 1,718 units and Unilever Caribbean fell 13 cents to $11.35 and closed with an exchange of 225 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Rising stocks jump on the Trinidad Exchange
Trading ended on the Trinidad and Tobago Stock Exchange on Wednesday, prices mostly rising following an 85 percent drop in the volume of stocks traded but with a slightly lower value than on Tuesday resulting in trading of 18 securities compared with 15 on Tuesday and ended with prices of nine stocks rising, four declining and five remaining unchanged.
Investors exchanged 199,721 shares for $6,925,227 down from 1,294,272 stock units at $7,178,453 on Tuesday.
An average of 11,096 units were traded at $384,735 compared to 86,285 shares at $478,564 on Tuesday, with trading month to date averaging 16,965 shares at $186,965 compared with 17,433 units at $171,213 on the previous day. The average trade for November amounts to 19,241 shares at $227,402.
The Composite Index rose 4.01 points to lock up trading at 1,189.02, the All T&T Index popped 3.86 points to 1,789.05, the SME Index remained unchanged at 72.85 and the Cross-Listed Index popped 0.59 points to finish at 76.55.
Investor’s Choice bid-offer indicator shows seven stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, Agostini’s lost 35 cents and ended at $68.15 after an exchange of 970 shares, Angostura Holdings rallied 95 cents to $21.95, with an exchange of 585 shares, Ansa Merchant Bank jumped $2.50 to $45.50 after an exchange of 24,211 stocks. Calypso Macro Investment Fund ended at $22.75, with 10 units being traded, First Citizens Group ended at $49 with an exchange of 718 shares, FirstCaribbean International Bank inched 4 cents up to $7.04 after 1,216 units crossed the exchange. GraceKennedy declined 10 cents in closing at $4.10 with investors trading 47,902 stocks, JMMB Group rose 5 cents to close at $1.35, with 27,987 stock units crossing the market, Massy Holdings advanced 9 cents and ended at $4.35 with a transfer of 41,864 shares. National Enterprises remained at $4.15 as investors exchanged 5,294 stock units, Point Lisas increased 6 cents to $3.56, with investors trading 260 stocks, Prestige Holdings popped 1 cent to end at $9.16, with 145 stock units changing hands. 
Republic Financial rose 17 cents to close trading at $122.17 after an exchange of 41,708 shares, Scotiabank ended at $69.98 after 1,860 units passed through the market, Trinidad & Tobago NGL ended at $10.32 with an exchange of 766 stock units. Trinidad Cement sank 9 cents to $2.86 as 100 stock units passed through the market, Unilever Caribbean skidded 32 cents in closing at $11.48 after an exchange of 1,668 shares and West Indian Tobacco rallied 50 cents and ended at $9 with investors swapping 2,457 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading rises on Trinidad Exchange but index slips
Trading ended down on the Trinidad and Tobago Stock Exchange on Tuesday, with the volume of stocks traded rising 371 percent and the value 308 percent more than on Monday and resulting in
the trading of 15 securities down from 17 on Monday, with prices of four stocks rising, five declining and six ending unchanged.
Investors exchanged 1,294,272 shares for $7,178,453 up from a mere 274,928 stock units at $1,760,054 on Monday.
An average of 86,285 units were traded at $478,564 compared to 16,172 shares at $103,533 on Monday, with trading month to date averaging 17,433 shares at $171,213 compared with 12,538 units at $149,359 on the previous day, down from an average trade for November of 19,241 shares at $227,402.
The Composite Index lost 6.80 points to end at 1,185.01, the All T&T Index dropped 11.76 points to end the day at 1,785.19, the SME Index remained unchanged at 72.85 and the Cross-Listed Index declined 0.21 points to cease trading at 75.96.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and three with lower offers.
At the close of the market, Agostini’s ended trading at $68.50 with investors exchanging just 10 shares, Angostura Holdings climbed $1.01 to $21 after 28 shares passed through the market, Ansa McAl dipped $3.90 and ended at $52 after an exchange of 821 stocks. CinemaOne ended at $7.25 with trading in 20 shares, First Citizens ended at $49 with an exchange of 4,600 stocks, FirstCaribbean International Bank ended at $7 with investors dealing in 158,188 units. GraceKennedy rose 10 cents to close at $4.20 while exchanging 4,950 shares, JMMB Group remained at $1.30 in switching ownership of 11,741 stock units, Massy Holdings sank 10 cents to $4.26, with 1,086,494 shares passing through the market. 
National Enterprises rose 7 cents and ended at $4.15 with an exchange of 16,924 stocks, One Caribbean Media dipped 10 cents to $3.40, with 80 stocks changing hands, Republic Financial lost $2 to end at $122 with a transfer of 7,520 stock units. Scotiabank popped 18 cents in closing at $69.98 after 228 shares crossed the exchange, Trinidad & Tobago NGL ended at $10.32 after a transfer of 1,358 stocks and West Indian Tobacco skidded 50 cents to close at a 52 weeks’ low of $8.50 after investors ended trading 1,310 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Gains for Trinidad stock market
Trading ended on the Trinidad and Tobago Stock Exchange on Monday, with the volume of stocks traded jumping 86 percent with the value up 82 percent more than on Friday, resulting in 17 securities being traded similar to trading on Friday and ended with seven stocks rising, six declining and four remaining unchanged.
Investors exchanged 274,928 shares for $1,760,054 versus 147,925 stock units at $967,923 on Friday.
An average of 16,172 units were traded at $103,533 compared to 8,701 shares at $56,937 on Friday, with trading month to date averaging 12,538 shares at $149,359 compared with 12,220 units at $153,374 on the previous trading day, marginally lower than the average for November of 19,241 shares at $227,402.
The Composite Index increased 7.28 points to lock up trading at 1,191.81, the All T&T Index advanced 13.08 points to finish at 1,796.95, the SME Index gained 0.90 points to settle at 72.85 and the Cross-Listed Index popped 0.15 points to close at 76.17.
Investor’s Choice bid-offer indicator shows five stocks ended bids higher than their last selling prices and four with lower offers.
At the close of the market, Agostini’s ended at $68.50 in an exchange of 471 units, Angostura Holdings gained $2.97 in closing at $19.99 with investors trading 737 stocks, Endeavour Holdings rose 25 cents to end at $13.50, with 1,377 shares crossing the market. 
First Citizens Group declined 30 cents and ended at $49 with a transfer of 1,625 stock units, FirstCaribbean International Bank remained at $7 with investors trading 24,025 shares, GraceKennedy rallied 5 cents to $4.10 after 18,206 stock units passed through the market. Guardian Holdings sank 59 cents to $17.41 with investors swapping 2,220 stocks, Massy Holdings dipped 4 cents to close at $4.36 and closed after an exchange of 26,402 units, National Enterprises increased 53 cents in closing at $4.08 in trading 173,011 stocks. National Flour Mills popped 1 cent to end at $1.95 after a transfer of 12,150 units, One Caribbean Media fell 30 cents in closing at $3.50 with traders dealing in 20 shares, 
Point Lisas advanced 25 cents to $3.50, with 9,300 stock units crossing the market. Prestige Holdings shed 10 cents to end at $9.15 after exchanging 50 shares, Republic Financial remained at $124 with investors transferring 3,115 stock units, Scotiabank dropped 20 cents to close at $69.80 in an exchange of 1,270 units. Trinidad & Tobago NGL ended at $10.32, with 504 stock units changing hands and Trinidad Cement climbed 9 cents and ended at $2.95 with an exchange of 445 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading drops on Jamaica Stock Exchange
The Main Market and the USD markets of the Jamaica Stock Exchange declined at the close of trading on Friday while the Junior Market rose, with the volume and value of stocks changing hands declining from trading on Thursday.
At the close of trading, Eppley climbed $4, Eppley Caribbean Property Fund recovered the $3.80 it lost on Thursday, Guardian Holdings gained $2, Scotia Group up $1.50 and GraceKennedy with a rise of $1. Declining stocks were led by Pan Jamaica,, down $6.73 and NCB Financial fell $1.47.
At the close of trading, the JSE Combined Market Index slipped 66.62 points to close at 324,332.88, the All Jamaican Composite Index skidded 451.88 points to 346,035.74, the JSE Main Index lost 392.04 points to close at 311,317.38. The Junior Market Index gained 34.37 points to end the day at 3,695.69 and the JSE USD Market Index dropped 4.56 points to wrap up trading at 219.33.
Investors traded 10,332,299 shares, in all three markets, down from 22,170,439 units on Thursday. The value of stocks traded on the Junior and Main markets amount to a mere $38 million up from $63.54 million on Thursday. The JSE USD market closed after 49,892 shares were traded, for US$8,545 compared to 10,110 units at US$968 on Thursday.
In the preference segment, Eppley 7.50% preference share skidded 54 cents in closing at $6.24 and Jamaica Public Service 7% dropped $4.50 to $40.
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 13.7 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.
JSE Markets marking time
The Main market and the USD markets of the Jamaica Stock Exchange eked out gains on Thursday while the Junior Market declined, with the volume of stocks changing hands exceeding those on Wednesday fueled by a rise in the traded value.
At the close of trading, Guardian Holdings led stocks rising with a gain of $8 followed by Seprod up $4.17, Eppley rose $2 $2.49, NCB Financial a $1.87 and Massy Holdings off $1.45 and Jamaica Broilers up by $1,10. Declining stocks saw Eppley Caribbean Property Fund falling $3.80 followed by MPC Caribbean Energy Fund with a fall of $3.64 and GraceKennedy down $1.50.
At the close of trading, the JSE Combined Market Index popped 524.07 points to close at 324,399.50, the All Jamaican Composite Index popped 5.10 points to wrap up trading at 346,487.62, the JSE Main Index advanced 755.51 points to end at 311,709.42. The Junior Market Index shed 21.06 points to close at 3,661.32 and the JSE USD Market Index inched 0.13 points higher to finish at 223.89.
Investors traded 22,170,439 shares, in all three markets, up from 11,954,522 units on Wednesday. The value of stocks traded on the Junior and Main markets amounts to a mere $63.54 million up from $48.78 million on Wednesday. The JSE USD market closed after 10,110 shares were traded, for US$968 compared to 730,855 units at US$13,102 on Wednesday.
In the preference segment, 138 Student Living preference share fell $24 and ended at $90.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21 on 2022-23 earnings and 13.6 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.
JSE Market closed with mixed fortunes
Trading levels rose on the Jamaica Stock Exchange on Wednesday, with the volume of stocks changing hands exceeding the near 10 million shares on Tuesday fueled by a rise in value and resulting in the Main Market and Junior Market declining and the USD market closing marginally higher as Main Market stocks dominated.
Both GraceKennedy and Guardian Holdings led rising stocks with a gain of $2, followed by Kingston Wharves up $1.141 but declining stocks held the upper hand with Eppley dropping $2.49, Sagicor Group with a loss of $1.98, followed by NCB Financial down $1.85 and Massy Holdings off $1.44.
The JSE Combined Market Index popped 524.68 points to close trading at 323,875.43, while the All Jamaican Composite Index rallied 384.80 points to end at 346,482.52, the JSE Main Index dipped 173.48 points to wrap up trading at 310,953.91. The Junior Market Index gave most of the 54.04 points gained on Tuesday with a drop of 41.33 points to settle at 3,682.38to settle at 3,723.71 and the JSE USD Market Index gained 1.76 points to close at
Investors traded 11,954,522 shares, in all three markets, down from 9,863,787 units on Tuesday. The value of stocks traded on the Junior and Main markets amounts to a mere $48.78 million up from $36 million on Tuesday. The JSE USD market closed after 730,855 shares were traded, for US$13,102 compared to 102,487 units at US$9,725 on Tuesday.
In the preference segment, Eppley 7.50% preference share increased $1.26 and ended at $6.76 Jamaica Public Service 7% fell $1.50 to $44.5 and Productive Business Solutions 9.75% preference share skidded $11.15 to $105.
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 navigate numerous investment options in the local stock market successfully. 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.