The Junior Market of the Jamaica Stock Exchange surged higher in trading on Thursday as the market index closed at just over 3,801 points, with the Main Market and the JSE USD market rising moderately as trading ended with the number exchanged falling, with the value traded jumping sharply over that on Wednesday as 30 shares rose and 26 declined.
At the close of trading on Thursday, the JSE Combined Market Index climbed 1712.97 points to close at 335,019.68, the All Jamaican Composite Index climbed by 1,622.28 points to close at 359,057.05, the JSE Main Index rose 1,118.96 points in ending trading at 321,725.63. The Junior Market Index jumped 75.77 points to 3,801.37 and the JSE USD Market Index gained 2.97 points to end the day at 244.14.
At the close of trading, 23,131,587 shares were exchanged in all three markets, down from 31,607,536 units on Wednesday, with the value of stocks traded on the Junior and Main markets amounted to $96.67 million, up from $$90.38 million on Wednesday and the JSE USD market closed with an exchange of 119,808 shares for US$30,732 compared to 152,413 units at US$68,498 on Wednesday.
Main Market trading was dominated by Transjamaican Highway that led trading with 15.64 million shares followed by Wigton Windfarm with 2.64 million units and Stanley Motta, with 901,971 stock units.
In the Junior Market, Future Energy led trading with 349,804 shares followed by Stationery and Office Supplies with 339,937 units and Mailpac Group with 299,144 units.
At the close of the market, some of the major Main Market stocks that rose are AS Bryden rallied $2.49 to close at $42.99, Caribbean Cement advanced $1.74 to end at $53, Mayberry Group climbed $1.16 in closing at $7.6 and Scotia Group advanced $1.46 and ended at $41.46.
The major declining Main Market stocks include Pan Jamaica skidded $3.89 and ended at $46.10, Sagicor Group sank $1.40 to $42 changing hands 50 shares, Seprod declined $3.30 in closing at $83.50.
Junior Market, stocks with notable gains are Access Financial climbed 76 cents in closing at $23.96, Cargo Handlers popped $1.82 to close at $14.90 and Lasco Manufacturing increasing 33 cents and ended at $4.94. There were no major losing stocks on Thursday.
In the preference segment, Eppley 7.25% preference share rallied $2.84 to close at $18.90, Jamaica Public Service 7% lost $4.99 to $45 closed at 550 and Sygnus Credit Investments c10.5% dropped $9.99 to close at $105.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 20…8 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 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.
Sharp jump in trading on the JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Wednesday, with the volume of stocks that were exchanged rising a mere 4 percent but with a 1,245 percent surge in the amount of US dollars funds passing through the market compared to Tuesday, resulting in trading in seven securities, up from five on Tuesday with prices of four rising, one declining and two ending unchanged.
The market closed with trading of 152,413 shares at US$68,498 up from 147,004 units at US$5,094 on Tuesday.
Trading averaged 21,773 units at US$9,785 compared to 29,401 shares at US$1,019 on Tuesday. Trading resulted in a month to date average of 38,316 shares at US$4,621 compared to 39,548 units at US$4,236 on the previous day and December that ended with an average of 28,010 units for US$1,403.
The US Denominated Equities Index climbed 1.51 points to wrap up trading at 241.17.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.1. The PE ratio is computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending and or around August 2024.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Margaritaville ended at 10 US cents with an exchange of 1,250 units, Proven Investments rallied 0.7 of one cent in closing at 13 US cents after 1,600 shares passed through the market.
Sygnus Credit Investments increased 0.03 of a US cent and ended at 8.99 US cents with investors swapping 1,918 stock units, Sygnus Real Estate Finance USD share skidded 0.15 of a cent to close at 8 US cents in an exchange of 21,389 shares and Transjamaican Highway climbed 0.07 of a cent to 1.85 US cents with investors trading 74,072 stock units.
In the preference segment, JMMB US 8.5% preference share remained at US$1.03 after trading 51,159 stocks and Sygnus Credit Investments E 8.5% rose US$1.538 to close at a record high of US$11.788, with 1,025 stocks crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE markets recorded gains on Wednesday
The Main Market of the Jamaica Stock Exchange put in some solid gains in trading on Wednesday as the Junior Market JSE USD market popped moderately higher as trading ended with the number of stocks exchanged falling, with the value traded jumping sharply over that on Wednesday, with prices of 41 shares rising and 23 declining.
The market closed trading with, the JSE Combined Market Index rising 909.96 points to close at 333,306.71, the All Jamaican Composite Index gained 1,716.13 points to 357,434.77, the JSE Main Index rallied 944.29 points to 320,606.67. The Junior Market Index popped 2.78 points to end at 3,725.60 and the JSE USD Market Index inched 1.51 points higher to end the day at 241.17.
At the close of trading, 31,607,536 shares were exchanged in all three markets, up from 29,690,680 units on Tuesday, with the value of stocks traded on the Junior and Main markets amounted to $90.38 million, down from $120.94 million on …day and the JSE USD market closed with an exchange of 152,413 shares for US$68,498 compared to 147,004 units at US$5,094 on Tuesday.
Main Market trading was dominated by JMMB 9.5% preference share led trading with 16.97 million shares followed by Transjamaican Highway with 7.14 million stock units and Wigton Windfarm with 2.23 million units.
In the Junior Market, One Great Studio led trading with 617,000 shares followed by Express Catering with 217,455 units and Fontana with 179,930 units.
At the close of the market, some of the major Main Market stocks that rose are Jamaica Producers with an increase of $1.93 in closing at $23.58, Sagicor Group rising $2.40 to end at $43.40 and Seprod climbing $2.50 to $86.80.
The major declining Main Market stocks include Caribbean Cement dropping $1.99 to $51.26 and Guardian Holdings, which lost $5 to close at $370.
The Junior Market ended with major price increases in Access Financial up 52 cents to end at $23.20, AMG Packaging popping 56 cents to $3.12, Knutsford Express popping $2.90 in closing at $12.40 and Main Event increasing 88 cents to end at $17, with the major losing stock being ISP Finance that skidded $7.78 in closing at $22.22. and
In the preference segment, no stock traded with a notable price on Wednesday.
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 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.
Big drop in trading on JSE USD Market
Trading fell sharply on the Jamaica Stock Exchange US dollar market on Tuesday, with a 54 percent fall in the volume of stocks exchanged after 98 percent fewer US dollars changed hands than on Monday, resulting in trading in five securities, compared to seven on Monday with the price of one rising, three declining and one ending unchanged.
The market closed with trading of 147,004 shares for US$5,094 down from 317,598 units at US$259,958 on Monday.
Trading averaged 29,401 shares at US$1,019 compared to 45,371 shares at US$37,137 on Monday, with a month to date average of 39,548 shares at US$4,236 compared with 40,118 units at US$4,417 previously and December with an average of 28,010 units for US$1,403.
The US Denominated Equities Index dipped 1.07 points to lock up trading at 239.66, to be up 3.7 percent for the year to date.
The PE Ratio, a measure used in computing appropriate stock values, averages 10. The PE ratio is computed based on the last traded stock price divided by ICInsider.com’s projected earnings for companies with their financial year ending and or around August 2024.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Proven Investments dipped 0.7 cent in closing at 12.3 US cents in swapping 8,382 units, 
Sygnus Credit Investments sank 0.03 of a cent to 8.96 US cents after 3,150 stocks crossed the exchange, Sygnus Real Estate Finance USD share popped 0.04 of a cent to end at 8.15 US cents with investors swapping 2,300 shares and Transjamaican Highway dropped 0.07 of a cent to 1.78 US cents with an exchange of 133,072 stock units.
In the preference segment, Productive Business Solutions 9.25% preference share remained at US$11.50 in trading 100 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Falling stocks pulled down all JSE markets
The Jamaica Stock Exchange closed trading on Tuesday with losses in all three markets after the Junior Market pushed higher in the morning session but fell in the latter part of trading as the market ended with the number of stocks that were exchanged fell, with the value jumping sharply over that on Tuesday as rising and declining stocks were even at 35 each.
At the close of trading, the JSE Combined Market Index fell 731.57 points to 332,396.75, the All Jamaican Composite Index dropped 1,452.88 points to 355,718.64, the JSE Main Index shed 647.61 points to end at 319,662.38. The Junior Market Index dropped 14.18 points to settle at 3,722.82 and the JSE USD Market Index skidded 1.07 points to end at 239.66.
At the close of trading, 29,690,680 shares were exchanged in all three markets, down from 36,430,685 units on Monday, with the value of stocks traded on the Junior and Main markets amounted to $120.94 million, up from $67.96 million on Monday and the JSE USD market closed with an exchange of 147,004 shares for US$5,094 compared to 317,598 units at US$259,958 on Monday.
Main Market trading was dominated by JMMB 9.5% preference share led trading with 2.84 million shares followed by Transjamaican Highway with 1.62 million stock units and Sagicor Select Financial Fund with 1.17 million units.
In the Junior Market, Future Energy led trading with 15.91 million shares followed by JFP Ltd with 711,974 units and Regency Petroleum with 603,202 units.
At the close of the market, some of the major Main Market stocks that rose are NCB Financial advanced $2.79 in closing at $68 and Seprod popped $2.30 to $84.30.
The major declining Main Market stocks include Eppley Caribbean Property Fund shed $1.01 and ended at $37.54, Guardian Holdings climbed $3, Jamaica Producers dropped $2.05 to $21.65, Mayberry Group sank $1.12 and ended at $7.08, MPC Caribbean Clean Energy dipped $1 and ended at $90 and Scotia Group declined $1.49 to close at $39.51.
Only one Junior Market stocks closed with solid gains on Tuesday as ISP Finance jumped $7.36 and ended at $30. The major losing Junior Market stocks include AMG Packaging dropping 60 cents to close at $2.56, Iron Rock Insurance dipping 41 cents to close at $2.10 and Knutsford Express falling $2.89 in closing at $9.50.
In the preference segment, Eppley 7.25% preference share skidded $2.64 in closing at $16.26 and Jamaica Public Service 7% rallied $7.99 to $49.99.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 20.7 on 2022-23 earnings and 13.9 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.
Trading jumps on the JSE USD Market
More than a quarter million dollars passed through the Jamaica Stock Exchange US dollar market on Monday, with the volume of stocks exchanged declining 51 percent after the value surged 1,550 percent more than on Friday, resulting in trading in seven securities, the same as on Friday with the price of three rising, two declining and two ending unchanged.
The market closed with trading in 317,598 shares for US$259,958 compared to 649,338 units at US$15,760 on Friday.
Trading averaged 45,371 units at US$37,137 versus 92,763 shares at US$2,251 on Friday, with a month to date average of 40,118 shares at US$4,417 compared with 39,670 units at US$1,624 on the previous day and December that ended with an average of 28,010 units for US$1,403.
The US Denominated Equities Index increased 3.41 points to close at 240.73.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.1. The PE ratio is computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending and or around 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, First Rock Real Estate USD share skidded 0.09 of a cent to end at 4.01 US cents after 8,899 units passed through the market, Proven Investments ended at 13 US cents after an exchange of 2,523 shares. Sygnus Credit Investments advanced 0.27 of one cent to close at 8.99 US cents, with 63,572 stock units changing hands and Transjamaican Highway fell 0.02 cent to 1.85 US cents clearing the market with 35,945 stocks.
In the preference segment, JMMB US8.5% preference share rose 3 US cents to US$1.03 in trading 206,359 stocks, Productive Business Solutions 9.25% preference share ended at US$11.50 while exchanging 100 units and Sygnus Credit Investments E 8.5% popped 25 US cents and ended at US$10.25 with investors trading 200 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading volume surges on the JSE markets
The market of the Jamaica Stock Exchange closed mixed in trading on Monday as the Junior Market JSE USD market edged moderately higher and the Main Market major indices recorded declines and gains after trading ended with the volume of stocks exchanged surging, with the value traded falling from that on Friday and resulting in 38 shares rising and 32 declining.
At the close of trading on Monday, the JSE Combined Market Index shed 934.48 points to end at 333,128.32, the All Jamaican Composite Index rallied 577.72 points to 357,171.52, the JSE Main Index shed 1,065.68 points to close at 320,309.99. The Junior Market Index popped 7.42 points to 3,737.00 and the JSE USD Market Index rose 3.41 points to end the day at 240.73.
At the close of trading, 36,430,685 shares were exchanged in all three markets, up from 12,488,845 units on Friday, with the value of stocks traded on the Junior and Main markets amounted to $67.96 million, down from $97.58 million on Friday and the JSE USD market closed with an exchange of 317,598 shares for US$259,958 compared to 649,338 units at US$15,760 on Friday.
Main Market trading was dominated by JMMB 9.5% preference share led trading with 18.65 million shares followed by Wigton Windfarm with 4.92 million units, Sagicor Select Financial Fund was next with 1.16 million stock units and Transjamaican Highway with 1.12 million shares.
In the Junior Market, Express Catering led trading with 3.37 million shares followed by JFP Ltd with 1.43 million units and Dolla Financial with 1.05 million stock units.
At the close of the market, some of the major Main Market stocks that rose are Caribbean Cement rose $1.68 to close at $53, Jamaica Producers climbed $1.70 to close at $23.70, Margaritaville increased $1.55 in closing at $17.05and Scotia Group gained $2 in closing at $41.
The major declining Main Market stocks include AS Bryden fell $1 to $40, Eppley Caribbean Property Fund skidded $1.45 and ended at $38.55, Guardian Holdings sank $17 in closing at $372, NCB Financial declined $2.78 to $65.21.
On a day of limited price movement in the Junior Market, the major stocks with gains are Express Catering increased 36 cents to $3.97 KLE Group rallied 45 cents to end at $2.30.and Knutsford Express advanced 39 cents to close at $12.39, with the major losing stock being Dolphin Cove fell 50 cents and ended at $19.
In the preference segment, Productive Business Solutions 9.75% preference share lost $30 in closing at $90.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 20.8 on 2022-23 earnings and 13.9 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.
JSE markets fall to close out the week
All three markets of the Jamaica Stock Exchange slipped at the close of trading on Friday as trading ended with a reduced volume of shares being exchanged, with a lower value than on Thursday, with a few stocks trading with sizable price movements on a day when prices of 27 stocks rose and 31 declined.
At the close of the market on Friday, the Composite Index shed 465.78 points to end at 356,593.80. The JSE Main Index lost 723.40 points to conclude trading at 321,375.67. The Junior Market Index slipped 2.31 points to 3,729.58 and the JSE USD Market Index sank 3.74 points to lock up trading at 237.32.
At the close of trading, 12,488,845 shares were exchanged in all three markets, down from 17,340,719 units on Thursday, with the value of stocks traded on the Junior and Main markets amounted to $97.58 million, down from $109.09 million on Thursday and the JSE USD market closed with an exchange of 649,338 shares for US$15,760 compared to 156,654 units at US$16,462 on Thursday.
Main Market trading was dominated by Transjamaican Highway which led trading with 2.47 million shares followed by Wigton Windfarm with 1.29 million units and Jamaica Producers with 955,735 units.
In the Junior Market, ONE on ONE Educational led trading with 1.19 million shares followed by EduFocal with 910,630 units and Stationery and Office Supplies with 437,366 units.
At the close of the market, some of the major Main Market stocks that rose are NCB Financial rose $1.89 to $67.99, Pan Jamaica gained $4.45 in closing at $50.
The major declining Main Market stocks include AS Bryden sank $2 in closing at $41, Caribbean Cement lost $3.68 to close at $51.32, Jamaica Producers dropped $5 to $22 and Seprod skidded $3.70 to $82.
On a day of limited price movement in the Junior Market, the major stocks with gains are Dolphin Cove gained $1.49 to $19.50, KLE Group climbed 51 cents to end at $1.85, Knutsford Express rose $1 in closing at $12 and Main Event advanced $1 to $16. No stocks ended with a major loss on Friday.
In the preference segment, 138 Student Living preference share climbed $24.28 to $192.28.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 2… on 2022-23 earnings and 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.
JSE Markets slipped on Thursday
All three markets of the Jamaica Stock Exchange declined moderately at the close of trading on Thursday following a fall in the number and value of traded shares dropped compared to Wednesday’s trading.
At the close of trading, the JSE Combined Market Index dropped 994.07 points to 334,761.41, the All Jamaican Composite Index shed 1,879.32 points to 357,059.58. The JSE Main Index shed 971.08 points to end at 322,099.07, the Junior Market Index declined 9.51 points to 3,731.89 and the JSE USD Market Index slipped 1.27 points to end at 241.06.
At the close of trading, 17,340,719 shares were exchanged in all three markets, down from 26,660,691 units on Wednesday, with the value of stocks traded on the Junior and Main markets amounted to $109.09 million, down from $154.59 million on Wednesday and the JSE USD market closed with an exchange of 156,654 shares for US$16,462 compared to 664,963 units at US$18,341 on Wednesday.
Main Market trading was dominated by Wigton Windfarm led trading with 3.55 million shares followed by Transjamaican Highway with 2.04 million units and GraceKennedy with 687,786 units
In the Junior Market, Future Energy led trading with 2.23 million shares, followed by Derrimon Trading with 888,112 units and Jamaican Teas with 641,782 units.
At the close of the market, some of the major Main Market stocks that rose are AS Bryden climbed $1 to end at $43, Caribbean Cement popped $3.74 to $55, Eppley Caribbean Property Fund rallied $2.49 and ended at $40, Guardian Holdings advanced $20 and ended at $389, Jamaica Producers gained $1 to end at $27 and Seprod increased $2.70 to close at $85.70.
The major declining Main Market stocks include Pan Jamaica skidded $3.95 to $45.55, Sagicor Group fell 99 cents to end at $42 and Scotia Group dropped $2.34 in closing at $39.06.
Trading ended in the Junior Market, with only moderate price changes.
In the preference segment, Jamaica Public Service 9.5% declined $50 to close at $2,850.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21.4 on 2022-23 earnings and 13.9 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.
Trading rose on the Jamaica Stock Exchange
Trading picked up sharply on the Jamaica Stock Exchange on Wednesday as the volume and value of stocks traded in the Main Market jumped well over that on Tuesday as the Junior Market trading levels held close to Tuesday outturn as the JSE USD market trading levels rose as the market ended with mixed changes in the indices.
At the close of trading, the JSE Combined Market Index climbed 377.37 points to end at 335,755.48, the All Jamaican Composite Index shed 446.67 points to close at 358,938.90, the JSE Main Index advanced 237.24 points to end at 323,070.15. The Junior Market Index rose 17.68 points to 3,741.40 and the JSE USD Market Index slipped 1.17 points to end the day at 242.33.
At the close of trading, 26,660,691 shares were exchanged in all three markets, up from 19,941,630 units on Tuesday, with the value of stocks traded on the Junior and Main markets amounted to $194.59 million, up from $83.9 million on Tuesday and the JSE USD market closed with an exchange of 664,963 shares for US$18,341 compared to 508,298 units at US$11,596 on Tuesday.
Main Market trading was dominated by Jamaica Producers led trading with 3.96 million shares followed by Jamaica Stock Exchange with 3.72 million units, Transjamaican Highway with 2.66 million stock units, JMMB 9.5% preference share with 1.59 million shares, Wigton Windfarm with 1.38 million units and Carreras with 1.18 million stocks.
In the Junior Market, Express Catering led trading with 2.12 million shares followed by EduFocal with 2.04 million units and iCreate with 971,348 units.
At the close of the market, some of the major Main Market stocks that rose are Guardian Holdings climbed $18.49 and ended at $369, Jamaica Broilers popped $1 to end at $33.50, Jamaica Producers rallied $3.50 to close at $26 and Sagicor Group gained 99 cents to end at $42.99.
The major declining Main Market stocks include AS Bryden shed $3 to end at $42, Caribbean Cement skidded $4.74 to close at $51.26, NCB Financial declined $1 to end at $66 and Seprod which fell $3.17 in closing at $83.
Major price movement in the Junior Market, with gains are AMG Packaging popped 76 cents and ended at $3.18, Iron Rock Insurance gained 44 cents to close at $2.51, ISP Finance rose $1.19 and ended at $22.64 with the major losing stock being Knutsford Express declining $1.38 to end at $11.
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 20.3 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 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.
