Trading ended Friday on the Jamaica Stock Exchange, following a rise in the volume of stocks exchanged with a value that is more than on Thursday, resulting in the Main Market major indices rising, as the Junior Market index and the JSE USD Market fell. At the close of trading the prices of 34 shares rose, 47 declined and 33 remained firm.
At the close of the market, the JSE Combined Market Index increased 468.01 points to 348,736.24, the All Jamaican Composite Index rallied 1,538.96 points to close trading at 388,467.46, the JSE Main Index rose 674.92 points to 336,801.34, the Junior Market Index lost 24.74 points to end the day at 3,717.98, and the JSE USD Market Index dropped 17.72 points to settle at 234.60, with Carreras aiding the movement in the Main market in closing ay a 52 weeks’ high of $14.48.
At the close of trading, 29,818,627 shares were exchanged in all three markets, up from 19,501,677 units on Thursday, with the value of stocks traded on the Junior and Main markets amounted to $117.06 million, much more than the $68.29 million on the previous day and the JSE USD market closed with an exchange of 2,139,002 shares for US$61,591 up from just 59,603 units at US$7,997 on Thursday.
In Main Market activity, Transjamaican Highway led trading with 13.10 million stocks followed by QWI Investments with 1.39 million shares and Wigton Energy with 1.38 million units.
In Junior Market trading, Express Catering led with 5.0 million stocks followed by Dolla Financial with 1.13 million shares and AMG Packaging with 270,978 units.
In the preference segment, Jamaica Public Service 7% gained $5.55 to $40.55, Jamaica Public Service 9.5% rose $45 to close at $2,695, 138 Student Living preference share climbed $33 and ended at $228, Sygnus Credit Investments C10.5% increased $3.62 to end at $105.The market’s PE ratio, the most popular measure used to value stocks, ended at 14.1 based on 2024-25 projected earnings and 20.7 based on 2023-4 historical earnings. The ICInsider.com PE ratio chart and other more detailed daily charts provide investors with regularly updated information to help in decision-making. The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons within a sector and the overall market. The earnings per share (EPS) and PE ratios are based on 2024 and 2024 actual or projected earnings, excluding major one time income or expense.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The chart should be used in making rational decisions when investing in stocks close to the sector average, 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 incorporated into the chart. Investors can use this measure to assess stock values. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends that are paid or are due to be paid and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume of the highest bid and the lowest offer for each company.
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 incorporated into the chart. Investors can use this measure to assess stock values. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends that are paid or are due to be paid and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume of the highest bid and the lowest offer for each company.
The net asset value of each company is incorporated into the chart. Investors can use this measure in assessing stock values. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends that are paid or are due to be paid and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume of the highest bid and the lowest offer for each company.
The net asset value of each company is incorporated into the chart. Investors can use these measures to assess stock values. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends that are paid or are due to be paid and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume of the highest bid and the lowest offer for each company.
The net asset value of each company is incorporated into the chart. Investors can use this measure in assessing stock values. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends that are paid or are due to be paid and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume of the highest bid and the lowest offer for each company.
The net asset value of each company is incorporated into the chart. Investors can use this measure in assessing stock values. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends that are paid or are due to be paid and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume of the highest bid and the lowest offer for each company.
The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends that are paid or are due to be paid and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume of the highest bid and the lowest offer for each company.
Investors can use this measure in assessing stock values. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends that are paid or are due to be paid and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume of the highest bid and the lowest offer for each company.