The Main Market and the Junior Market of the Jamaica Stock Exchange rose moderately in trading on Thursday but the JSE USD market closed lower as trading ended with the number of stocks changing hands climbing, with the value declining from the previous trading day, resulting in prices of 28 shares rising and 49 declining.
At the close of trading, the JSE Combined Market Index rose 327.58 points to close at 340,004.41, the All Jamaican Composite Index gained 331.63 points to close at 366,543.41, the JSE Main Index popped 88.64 points to 326,974.20. The Junior Market Index rallied 27.91 points to 3,808.49 and the JSE USD Market Index dipped 3.39 points to end the day at 244.14.
At the close of trading, 29,437,556 shares were exchanged in all three markets, up from 27,700,537 units on Wednesday, with the value of stocks traded on the Junior and Main markets amounted to $153.98 million, down from $172.24 million on the previous trading day and the JSE USD market closed with an exchange of 771,589 shares for US$17,159 compared to 110,543 units at US$13,237 on Wednesday.
Trading in the Main Market was dominated by General Accident with 5.0 million shares followed by Wigton Windfarm with 4.63 million units, Radio Jamaica chipped in with 4.41 million units, Carreras contributed 3.57 million stock units, Transjamaican Highway ended with 2.83 million units and QWI Investments closed with 1.17 million shares.
In the Junior Market, Stationery and Office Supplies led trading with 1.23 million shares followed by JFP Ltd with 800,002 units and Fosrich with 471,150 stock units.
In the preference segment,138 Student Living preference share dropped $32.70 to close at $185.30.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 20.4 on 2022-23 earnings and 14 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 for investors 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.
Big drop for JSE Main market
Stocks mostly fell at the close of trading on the Jamaica Stock Exchange Main Market on Wednesday, with the volume of stocks traded declining 40 percent and the value 42 percent lower than in trading on Tuesday, with activity in 56 securities compared with 61 on Tuesday, with prices of 15 stocks rising, 28 declining and 13 ending unchanged.
The market closed with an exchange of 19,510,472 shares at $158,059,371 compared with 32,587,303 units at $270,744,190 on Tuesday.
Trading averaged 348,401 shares at $2,822,489 compared to 534,218 units at $4,438,429 on Tuesday and month to date, an average of 1,492,956 units at $3,093,232, in comparison with 1,628,463 units at $3,125,286 on the previous day and February with an average of 385,143 units at $3,418,046.
Carreras led trading with 5.35 million shares for 27.4 percent of total volume followed by General Accident with 4.01 million units for 20.5 percent of the day’s trade, Wigton Windfarm ended with 3.76 million units for 19.3 percent market share, Transjamaican Highway chipped in with 2.44 million units for 12.5 percent of stocks traded and Scotia Group ended with 1.01 million units for 5.2 percent of total volume.
The All Jamaican Composite Index dipped 4,423.34 points to 366,211.78, the JSE Main Index declined 3,917.90 points to 326,885.56 and the JSE Financial Index lost 1.87 points to end at 69.15.
The Main Market ended trading with an average PE Ratio of 13.7. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with financial year ending around August 2024.
Investor’s Choice bid-offer indicator shows 15 stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Caribbean Producers lost 40 cents in closing at $9.70 after trading 3,872 units, Carreras shed 45 cents to $8.50 in an exchange of 5,349,769 stocks, Eppley dropped $5.78 and ended at $34.72 with 22 shares clearing the market. GraceKennedy sank $1.25 to end at $73.75 after a transfer of 109,384 stock units, Jamaica Stock Exchange fell 30 cents to close at $10.30 with investors swapping 37,882 shares, JMMB Group declined 50 cents to $26, with 84,139 stocks crossing the market. Kingston Properties dipped 42 cents to close at $7.08 after exchanging 2,566 units, Mayberry Group popped 35 cents in closing at $7.50 with an exchange of 2,041 stock units,
MPC Caribbean Clean Energy climbed $5 to $85 with an exchange of 35 shares. NCB Financial skidded 60 cents to $68.15 with investors dealing in 10,964 stocks, 138 Student Living rose 38 cents to $4.20 in an exchange of 108,694 units, Pan Jamaica lost $3.40 to close at $46.80, with 585 stock units changing hands. Proven Investments gained $2.02 to end at $23.82 with an exchange of 662 shares, Sagicor Real Estate Fund rallied 46 cents in closing at $7.65 after 200 stock units passed through the market, Scotia Group fell $4.05 and ended at $43 with investors trading 1,010,596 units. Seprod sank $2.95 to $82.05, with 33,062 stocks crossing the market, Stanley Motta increased 65 cents to end at $7.50 with traders dealing in 8,000 units, Supreme Ventures declined 41 cents in closing at $24.54 as investors exchanged 28,966 stocks. Sygnus Credit Investments shed 59 cents to close at $10.63 in trading 92,189 shares and Wisynco Group advanced 55 cents and ended at $21.05 after an exchange of 364,778 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Main and USD markets drop Juniors rise
The Main Market and JSE USD stocks plunged on the Jamaica Stock Exchange on Wednesday as the Junior Market closed moderately higher as trading ended with the number of stocks changing hands falling, with the value and volume of stocks traded falling from the previous trading day, resulting in prices of 27 shares rising and 43 declining.
At the close of trading on Wednesday, the JSE Combined Market Index dived 3,639.94 points to 39,676.83, the All Jamaican Composite Index plunged 4,423.34 points to end trading at 366,211.78, the JSE Main Index dropped 3,917.90 points to lock up trading at 326,885.56. The Junior Market Index rallied 3.93 points to conclude trading at 3,780.58 and the JSE USD Market Index dipped 8.85 points to settle at 247.53.
At the close of trading, 27,700,537 shares were exchanged in all three markets, from 42,523,060 units on Tuesday, with the value of stocks traded on the Junior and Main markets amounted to $172.24 million, down from $289.25 million on the previous trading day and the JSE USD market closed with an exchange of 110,543 shares for US$13,237 compared to 2,937,043 units at US$118,791 on Tuesday.
Trading in the Main Market was dominated by Carreras with 5.35 million shares followed by General Accident with 4.01 million units, Wigton Windfarm with 3.76 million units, Transjamaican Highway with 2.44 million shares and Scotia Group with 1.01 million units
In the Junior Market One Great Studio led trading with 1.91 million shares followed by Stationery and Office Supplies with 1.87 million units and JFP Ltd with 855,299 stocks.
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. 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 for investors 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.
Gains for Main Market with trading jump
Trading picked up on the Jamaica Stock Exchange Main Market on Tuesday, with the volume of stocks traded rising and valued 37 percent more than on Monday, with trading in 61 securities compared with 60 on Monday, with prices of 25 stocks rising, 23 declining and 13 ending unchanged and resulted in the major market indices rising appreciably.
The market closed with trading of 32,587,303 shares for $270,744,190 compared with 30,745,022 units at $197,877,221 on Monday.
Trading averaged 534,218 shares at $4,438,429 compared to 512,417 units at $3,297,954 on Monday and month to date, an average of 1,628,463 units at $3,125,286, compared with 1,790,475 shares at $2,930,865 on the previous day and February with an average of 385,143 units at $3,418,046.
Carreras led trading with 10.46 million shares for 32.1 percent of total volume followed by Wigton Windfarm with 9.06 million units for 27.8 percent of the day’s trade, QWI Investments chipped in with 3.90 million stocks for 12 percent market share, Transjamaican Highway ended with 3.26 million units for 10 percent stocks traded and GraceKennedy closed trading with 1.38 million units for 4.2 percent of total volume.
The All Jamaican Composite Index increased 3,671.55 points to close at 370,635.12, the JSE Main Index rallied 2,050.06 points to 330,803.46 and the JSE Financial Index rallied 1.25 points to 71.02.
The Main Market ended trading with an average PE Ratio of 14.2. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2024.
Investor’s Choice bid-offer indicator shows eight stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, AS Bryden shed $1 to close at $41, with 19 stock units crossing the market, Caribbean Cement rallied 60 cents to $56.60 in trading 226 shares, Caribbean Producers increased 40 cents and ended at $10.10, with 4,913 units clearing the market. Eppley fell $1.47 to end at $40.50 in an exchange of 964 stocks, GraceKennedy climbed 93 cents in closing at $75 with investors transferring 1,376,082 shares, Guardian Holdings lost $29 to $340, with 1,132 stocks changing hands. Jamaica Producers dropped $1.90 to end at $22.10 after a transfer of 5,244 units, Kingston Properties rose 49 cents in closing at $7.50 with traders dealing in 26,735 stock units, Kingston Wharves advanced $3.80 to close at $34.80 while exchanging 2,136 shares. Mayberry Group sank 85 cents and ended at $7.15 with investors swapping 1,590 units, 
MPC Caribbean Clean Energy skidded $29.48 to $80 with an exchange of 1,330 stocks, NCB Financial popped $1.75 to $68.75 with an exchange of 36,300 stock units. Pan Jamaica gained $3.64 and ended at $50.20 as investors exchanged 73 shares, Portland JSX popped 30 cents to $10.80 after investors traded 17 stocks, Proven Investments dropped $2.69 to $21.80, with an exchange of 29,022 units. Sagicor Group advanced 95 cents in closing at $40.95 with investors trading 11,250 stock units, Scotia Group rose $3.03 to $47.05 in switching ownership of 33,894 shares and Wisynco Group declined 70 cents to end at $20.50 with investors dealing in 20,846 stocks.
In the preference segment, 138 Student Living preference share rallied $1 and ended at $218 with a transfer of 5 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading climbed higher on the JSE Market
Trading climbed on the Jamaica Stock Exchange on Tuesday with the volume and value of stocks traded jumping on Monday, as market activity pushed the Main Market higher with the Junior Market JSE USD market closing lower as trading ended with the prices of 42 shares rising and 35 declining.
At the close of trading on Tuesday, the JSE Combined Market Index climbed 1,659.59 points to close at 343,316.77, the All Jamaican Composite Index gained 3,671.55 points to settle at 370,635.12, the JSE Main Index rose 2,050.06 points to cease trading at 330,803.46. The Junior Market Index dropped 30.03 points to end at 3,776.65 and the JSE USD Market Index skidded 8.81 points to finish at 256.38.
At the close of trading, 42,523,060 shares were exchanged in all three markets, up from 34,746,725 units on Monday, with the value of stocks traded on the Junior and Main markets amounted to $289.25 million, up from $209.43, million on the previous trading day and the JSE USD market closed with an exchange of 2,937,043 shares for US$118,791 compared to 60,767 units at US$33,398 on Monday.
Trading in the Main Market was dominated by Carreras led trading with 10.46 million shares followed by Wigton Windfarm with 9.06 million units, QWI Investments with 3.90 million shares, Transjamaican Highway ended with 3.26 million units and GraceKennedy with 1.38 million stock units.
In the Junior Market, Future Energy led trading with 2.27 million shares followed by EduFocal with 1.34 million units and Fosrich with 573,092 stocks.
In the preference segment, 138 Student Living preference share rallied $1 and ended at $218
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 20.4 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 for investors 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.
JSE Main Market stocks fall
Trading on the Jamaica Stock Exchange Main Market ended on Monday, with the volume of stocks traded rising 27 percent and the value 99 percent more than on Friday, with trading in 60 securities compared with 58 on Friday, with prices of 15 stocks rising, 27 declining and 18 ending unchanged.
The market closed with 30,745,022 shares trading for $197,877,221 up from 24,192,561 units at $99,647,338 on Friday.
Trading averaged 512,417 shares at $3,297,954 compared to 417,113 units at $1,718,058 on Friday and month to date, an average of 1,790,475 units at $2,930,865 compared with 2,008,326 stocks at $2,868,293 on the previous day and February with an average of 385,143 units at $3,418,046.
Transjamaican Highway led trading with 9.01 million shares for 29.3 percent of total volume followed by Wigton Windfarm with 6.94 million units for 22.6 percent of the day’s trade, Jamaica Stock Exchange ended with 5.0 million units for 16.3 percent market share, JMMB 9.5% preference share with 3.61 million units for 11.7 percent total Main market trading and Wisynco Group with 1.07 million units for 3.5 percent of total volume.
The All Jamaican Composite Index plunged 5,470.97 points to end at 366,963.57, the JSE Main Index sank 3,675.03 points to 328,753.40 and the JSE Financial Index lost 0.98 points to settle at 69.77.
The Main Market ended trading with an average PE Ratio of 13.8. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2024.
Investor’s Choice bid-offer indicator shows eight stocks ended with bids higher than their last selling prices and nine with lower offers.
At the close, Caribbean Cement dipped $1 and ended at $56 in an exchange of 671,095 stocks, Caribbean Producers lost 30 cents to close at $9.70 after trading 2,211 units, Carreras climbed 44 cents in closing at $8.94, with 183,671 shares crossing the exchange. Eppley popped $7.76 to close at $41.97 with investors swapping just one stock unit, GraceKennedy skidded $1.17 to end at $74.07 after an exchange of 260,623 shares, JMMB Group fell 60 cents to $26.70 with investors transferring 57,396 stock units. Kingston Properties dropped 49 cents in closing at $7.01 with 1,000 stocks clearing the market, Kingston Wharves shed $2.50 and ended at $31 while exchanging 5,162 units, Margaritaville increased $1.74 to close at $15.99 after 1,367 stocks passed through the market. 
NCB Financial declined $1.55 to end at $67 with investors dealing in 25,709 units, 138 Student Living advanced 57 cents in closing at $3.60, with 100,092 shares changing hands, Pan Jamaica rose 46 cents to $46.56 and closed after 5,548 stock units changed hands. Portland JSX sank 30 cents to close at $10.50 in an exchange of 1,001 shares, Proven Investments gained 73 cents to end at $24.49 with traders dealing in 101,426 stocks, Sagicor Group skidded 50 cents and ended at $40, with 37,170 units crossing the market. Sagicor Real Estate Fund fell 75 cents to $7.25 after an exchange of 950,572 stock units, Scotia Group sank $1.98 to close at $44.02 in trading 67,102 shares and Seprod dipped $4.90 in closing at $85 after 19,924 stocks crossed the market.
In the preference segment, JMMB Group 7% preference share lost 48 cents to end at $2.75 with a transfer of 204 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE USD market rises others drop
The JSE USD market jumped at the close of trading on Monday but the Main and Junior Markets of the Jamaica Stock Exchange declined as trading ended with the number of stocks changing hands falling, while the value traded jumped sharply over the previous trading day, as trading in the Main Market jumped, resulting in prices of just 27 shares rising and overwhelmed by 49 declining.
At the close of trading, the JSE Combined Market Index dropped 3,696.83 points to 341,657.18, the All Jamaican Composite Index dived 5,470.97 points to 366,963.57, the JSE Main Index collapsed 3,675.03 points to settle at 328,753.40. The Junior Market Index shed 28.57 points to end at 3,806.68 and the JSE USD Market Index popped 9.35 points to end the day at 265.19.
At the close of trading, 34,746,725 shares were exchanged in all three markets, down from 46,550,162 units on Friday, with the value of stocks traded on the Junior and Main markets amounted to $209.43 million, up from $147.48 million on the previous trading day and the JSE USD market closed with 60,767 shares trading for US$33,398 compared to 765,260 units at US$64,253 on Friday.
Trading in the Main Market was dominated by Transjamaican Highway trading with 9.01 million shares followed by Wigton Windfarm with 6.94 million units, Jamaica Stock Exchange chipped in with 5.0 million stock units, JMMB 9.5% preference share ended with 3.61 million shares and Wisynco Group with 1.07 million stocks.
In the Junior Market, Lasco Manufacturing led trading with 449,268 shares, followed by Future Energy with just 366,287 units and One Great Studio with 339,510 stock units.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 20.6 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 for investors 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.
JSE Main Market trading back to the norm
Investors traded 96 percent fewer stocks at an 83 percent lower value than on Thursday, after trading in 58 securities compared with 59 on Thursday, with prices of 19 stocks rising, 23 declining and 16 ending unchanged, at the close of the Jamaica Stock Exchange Main Market on Friday with Wigton Windfarm traded just 13.4 million shares compared to more than 561 million on Thursday.
The market closed with 24,192,561 shares being traded for $99,646,238 compared with 566,948,248 units at $597,471,743 on Thursday.
Trading averaged 417,113 shares at $1,718,058 compared to 9,774,970 units at $10,301,237 on Thursday and month to date, an average of 2,018,048 stock units at $2,876,457, in comparison with 2,322,239 units at $3,095,210 on the previous day and February with an average of 385,143 units at $3,418,046.
For a second consecutive day, Wigton Windfarm led trading with 13.42 million shares for 55.5 percent of total volume followed by Transjamaican Highway with 5.98 million units for 24.7 percent of the day’s trade, Radio Jamaica ended with 1.25 million stocks for 5.2 percent market share and Supreme Ventures closed with 1.01 million units for 4.2 percent of total volume.
The All Jamaican Composite Index rallied 1,873.44 points to 372,434.54, the JSE Main Index rose 1,493.04 points to 332,428.43 and the JSE Financial Index inched 0.07 points higher to 70.75.
The Main Market ended trading with an average PE Ratio of 13.9. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2024.
Investor’s Choice bid-offer indicator shows 11 stocks ended with bids higher than their last selling prices and seven with lower offers.
At the close, AS Bryden climbed $1.50 in closing at $42, with 1,832 shares crossing the market, Barita Investments declined 36 cents to $70.03 after a transfer of 1,378 stocks, Carreras lost 45 cents to close at $8.50 with investors trading 959,853 shares. Eppley dropped $7.79 and ended at $34.21 after closing with an exchange of 730 stock units, First Rock Real Estate sank 99 cents to end at $9 after investors traded 6,254 shares, 
Guardian Holdings popped $1 to $369, with 100 units crossing the exchange. Jamaica Producers advanced $1.89 and ended at $24 in trading 55,017 stocks, Jamaica Stock Exchange rose 57 cents $10.70 after 13,929 stocks passed through the market, Kingston Wharves dipped $1.49 to $33.50 after an exchange of 18,042 shares. Margaritaville fell $1.74 to end at $14.25 with 49 units clearing the market, Sagicor Group rallied 50 cents to $40.50 while 13,647 stocks were traded and Supreme Ventures skidded $1 and ended at $25 with traders dealing in 1,013,897 stock units.
In the preference segment, Productive Business Solutions 9.75% preference share jumped $19.97 to end at $115 in an exchange of 675 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Main Market jumps USD market drops
The Main Market of the Jamaica Stock Exchange bounced in trading on Friday as the Junior Market JSE USD market closed moderately higher but the JSE USD Market after the number of stocks changing hands declined from the heavy trading on Thursday, with the value of stocks traded dropping sharply from the previous day’s heavy trading with Wigton Windfarm having complete command of trading activity, resulting in prices of rising stocks outpacing those declining with 39 securities rising and 36 declining.
At the close of trading on Friday, the JSE Combined Market Index climbed 1,460.87 points to close at 345,354.01, the All Jamaican Composite Index popped 1,873.44 points to close at 372,434.54, the JSE Main Index increased 1,493.04 points to lock up trading at 332,428.43. The Junior Market Index rose 6.92 points to end at 3,835.25 and the JSE USD Market Index declined 13.20 points to conclude trading at 255.84.
At the close of trading, 46,550,162 shares were exchanged in all three markets, down from units on 575,019,706 on Thursday, with the value of stocks traded on the Junior and Main markets amounted to $147.47.million, down from $627.86 million on the previous trading day and the JSE USD market closed with an exchange of 765,260 shares for US$64,253 compared to 74,096 units at US$22,194 on Thursday.
Trading in the Main Market was dominated by Wigton Windfarm led trading with 13.42 million shares followed by Transjamaican Highway with 5.98 million units, Radio Jamaica with 1.25 million stock units and Supreme Ventures with 1.01 million shares.
In the Junior Market, Spur Tree Spices led trading with 17.95 million shares followed by GWest Corporation with 1.60 million units and Dolla Financial with 528,791 stock units.
In the preference segment, Productive Business Solutions 9.75% preference share increased $19.97 to $115.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 20.5 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 for investors 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.
Big drop for JSE Main Market as Wigton dominates
Wigton Windfarm with an exchange with more than 561 million shares and falling stocks dominated trading on the Jamaica Stock Exchange, Main Market on Thursday, with the All Jamaican Composite Index diving 5,613.72 points to 370,561.10 as the JSE Main Index dropped 5,393.37 points to end at 330,935.39 and the JSE Financial Index shed 0.93 points to lock up trading at 70.68, following a big 712 percent surge in the volume of stocks traded rising following a 406 percent jumped in the value over Wednesday.
Trading ended with 59 securities on Wednesday and Thursday, resulting in prices of 18 stocks rising, 23 declining and 18 ending unchanged as the prices of two stocks closed at yearly highs and two at yearly lows, with 138 Student Living falling to $3.02 and Sagicor Group declining to $40, with Eppley ending at $42 and JMMMB Group 7.15% closing at $3.40.
The market closed with exchange of 566,948,248 shares at $597,471,743 compared with 69,861,889 units at $117,997,722 on Wednesday.
Trading averaged 9,609,292 shares at $10,126,640 compared to 1,184,100 units at $1,999,961 on Wednesday and month to date, an average of 2,322,239 units at $3,095,210, in comparison with 492,724 units at $1,329,872 on the previous day and February that closed with an average of 385,143 units at $3,418,046.
Wigton Windfarm led trading with 561.55 million shares for 99 percent of total volume followed by Transjamaican Highway with 1.49 million units for 0.3 percent of the day’s trade and Sagicor Select Financial Fund with 1.09 million units for 0.2 percent of the day’s trade.
The Main Market ended trading with an average PE Ratio of 14. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2024.
Investor’s Choice bid-offer indicator shows seven stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, AS Bryden sank 50 cents to $40.50 with an exchange of 1,057 shares, Barita Investments popped 39 cents in closing at $70.39 after 3,250 units crossed the market, Eppley rallied $2.66 to end at a 52 weeks’ high of $42 in an exchange of 3,321 shares. First Rock Real Estate increased 99 cents to close at $9.99 with investors dealing in 8,491 stock units, GraceKennedy climbed 54 cents and ended at $75.24, with 38,383 shares crossing the exchange, Guardian Holdings shed $1 to $368 in switching ownership of 61 stock units. 
Massy Holdings dropped $3.45 and ended at $90 after investors traded 21,790 stocks, MPC Caribbean Clean Energy rose $23.38 to end at $109.48 in trading 70 units, 138 Student Living lost 48 cents in closing at a 52 weeks’ low of $3.02, with 35,000 stocks changing hands. Pan Jamaica skidded $5.71 to close at $46.09 with investors trading 61,187 units, Proven Investments gained $2.28 to end at $23.95, with 535 shares crossing the market, Pulse Investments advanced 33 cents to close at $2.12 as investors exchanged 176,862 stock units. Sagicor Group fell $1 to close at $40 after an exchange of 552,299 shares, Scotia Group dipped $1.15 and ended at $45.80 with investors transferring 25,668 units and Supreme Ventures declined 31 cents to end at $26 after an exchange of 274,846 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
