The Main Market of the Jamaica Stock Exchange closed down on Tuesday, while the Junior Market slipped a few points and the JSE USD Market fell at the close of the market, with an increase in the value and volume of stocks traded compared to Monday.
At the close of trading, the JSE Combined Market Index dropped 3,283.21 points to 325,261.79, the All Jamaican Composite Index dived 3,930.88 points to cease trading at 347,160.74, the JSE Main Index shed 3,454.22 points to 312,225.96. The Junior Market Index shed 4.96 points to cease trading at 3,704.44 and the JSE USD Market Index shed 3.22 points to conclude trading at 223.77.
Investors traded 11,376,869 shares, in all three markets up from 9,923,864 units on Monday. The value of stocks traded on the Junior and Main markets ended at $58.95 million up from $43.02 million on Monday. The JSE USD market closed after 132,328 shares were exchanged, for US$8,195 compared to 837,700 units at US$41,015 on Monday.
In the preference segment, Productive Business Solutions 9.75% preference share dropped $12 to end at $100.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21.5 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 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.
Trading drops on the JSE US dollar market
Trading on the Jamaica Stock Exchange US dollar market ended on Wednesday, with the volume of stocks changing hands declining 56 percent valued 78 percent less than the value on Tuesday and resulting in six securities being traded, compared to seven on Tuesday, with one rising, one declining and four ending unchanged.
Overall, 368,630 shares were traded, for US$6,490 compared to 830,053 units at US$28,943 on Tuesday.
Trading averaged 61,438 units at US$1,082, versus 118,579 shares at US$4,135 on Tuesday, with a month to date average of 77,132 shares at US$4,813 compared with 78,103 units at US$5,044 on the previous day. October ended with an average of 47,977 units for US$4,392.
The US Denominated Equities Index shed 1.95 points to close at 225.90.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.6. 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 four stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, MPC Caribbean Clean Energy remained at 57 US cents after 635 units passed through the market,
Proven Investments ended at 15 US cents with investors trading 318 stock units, Sterling Investments ended at 1.7 US cents with investors exchanging 15,000 shares. Sygnus Credit Investments rose 0.29 of a cent to close at 9 US cents with a transfer of 450 stocks and Transjamaican Highway fell 0.13 of a cent and ended at 1.6 US cents with investors exchanging 352,217 shares.
In the preference segment, Productive Business Solutions 9.25% preference share ended at US$11.50, with 10 stocks clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Buoyant JSE USD Market trading
Trading remains buoyant on the Jamaica Stock Exchange US dollar market for a second day running on Tuesday, with the volume of stocks changing hands rising 63 percent valued 101 percent more than on Monday, and resulted from trading in seven securities, compared to four on Monday with three rising, one declining and three ending unchanged.
A total of 830,053 shares were traded, for US$28,943 up from 509,457 units at US$14,389 on Monday.
Trading on Tuesday averaged 118,579 shares for US$4,135 versus 127,364 shares at US$3,597 on Monday, with a month to date average of 78,103 shares at US$5,044 compared to 74,955 units at US$5,114 on the previous day and above October that ended with an average of 47,977 units for US$4,392.
The US Denominated Equities Index advanced 0.38 points to 227.85.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.7. 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 three stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Margaritaville climbed 1.26 cents and ended at 12.3 US cents, with 2,500 stocks crossing the market, MPC Caribbean Clean Energy ended at 57 US cents with investors trading a mere one unit, Productive Business Solutions remained at US$1.55 with investors swapping 5 shares. Proven Investments fell 0.01 of a cent in closing at 15 US cents in an exchange of 109,252 stock units, Sterling Investments remained at 1.7 US cents passed through the market 4,075 shares, Sygnus Credit Investments popped 0.01 cent to 8.71 US cents while exchanging 4,135 units and Transjamaican Highway increased by 0.14 of a cent in closing at 1.73 US cents in switching ownership of 710,085 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Jump in volume traded on JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Monday, with the volume of stocks changing hands rising 66 percent valued 7 percent lower than on Friday, resulting in four securities traded, compared to eight on Friday with one rising, two declining and one ending unchanged.
Overall, 509,457 shares were traded for US$14,389 compared to 306,262 units at US$15,475 on Friday.
Trading averaged 127,364 units at US$3,597 compared to 38,283 shares at US$1,934 on Friday, with a month to date average of 74,955 shares at US$5,114 compared with 72,517 units at US$5,185 on the previous trading day, up from October that ended with an average of 47,977 units for US$4,392.
The US Denominated Equities Index shed 1.20 points to finish at 227.47.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.5. 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 four stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, Proven Investments increased 0.01 of a cent to end at 15.01 US cents, with 37,511 stocks changing hands, Sygnus Credit Investments lost 0.3 of a cent in closing at 8.7 US cents with an exchange of 11,000 stock units and Transjamaican Highway skidded 0.08 of a cent to 1.59 US cents, with 460,934 shares crossing the market.
In the preference segment, Productive Business Solutions 9.25% preference share remained at US$11.50, with investors transferring 12 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading falls back for JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Friday, with the volume of stocks changing hands declining 92 percent valued 94 percent lower than on Thursday, resulting in trading in eight securities, compared to nine on Thursday and ended with prices of three rising, two declining and three ending unchanged.
Overall, 306,262 shares were traded, for US$15,475 compared with 3,636,438 units at US$276,260 on Thursday.
Trading averaged 38,283 units at US$1,934, up from 404,049 shares at US$30,696 on Thursday, with a month to date average of 72,517 shares at US$5,185 compared with 76,029 units at US$5,518 on the previous day. October ended with an average of 47,977 units for US$4,392.
The US Denominated Equities Index popped 1.05 points to close trading at 228.67.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.6. 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 four stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, Margaritaville ended at 11.04 US cents and closed with an exchange of 5,101 units, MPC Caribbean Clean Energy fell 1.99 cents to 57 US cents after an exchange of just one stock, Proven Investments lost 0.99 of one cent to close at 15 US cents with investors transferring 57,463 shares.
Sterling Investments rallied 0.02 of a cent in closing at 1.7 US cents after investors exchanged 863 stock units, Sygnus Credit Investments ended at 9 US cents with stakeholders exchanging 3,000 shares, Sygnus Real Estate Finance USD share popped 1.4 cents in closing at 10.4 US cents 3,000 stocks crossing the market and Transjamaican Highway gained 0.07 cents to 1.67 US cents while exchanging 236,685 units.
In the preference segment, Productive Business Solutions 9.25% preference share ended at US$11.50 with investors dealing in 149 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Big jump in JSE USD Market trading
Trading picked up robustly on the Jamaica Stock Exchange US dollar market on Thursday, with the volume of stocks changing hands surging 1,874 percent valued 1,544 percent more than on Wednesday, resulting in nine securities traded, compared to six on Wednesday with three rising, two declining and four ending unchanged.
Overall, 3,636,438 shares were traded, for US$276,260 compared to 184,226 units at US$16,805 on Wednesday.
Trading closed with an average of 404,049 units at US$30,696, up from 30,704 shares at US$2,801 on Wednesday, with a month to date average of 76,029 shares at US$5,518 compared with 33,243 units at US$2,234 on the previous day. October ended with an average of 47,977 units for US$4,392.
The US Denominated Equities Index declined 0.60 points to end at 227.62.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.6. 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 three 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 ended at 4.24 US cents with traders dealing in 9,500 stock units,
Proven Investments popped 0.49 of a cent to 15.99 US cents after 3,012 shares passed through the market, Sterling Investments dipped 0.05 of a cent to 1.68 US cents with shareholders swapping 737 stocks. Sygnus Credit Investments climbed 0.1 of a cent to end at 9 US cents in switching ownership of 12,106 units, Sygnus Real Estate Finance USD share rose 0.38 of one cent in closing at 9 US cents after an exchange of 2,704,500 stocks and Transjamaican Highway remained at 1.6 US cents with 893,092 units clearing the market.
In the preference segment, JMMB Group 5.75% shed 5 cents to end at US$1.90 in an exchange of 226 shares, JMMB Group 6% ended at US$1, with 12,986 stock units crossing the market and Productive Business Solutions 9.25% preference share remained at US$11.50 after investors exchanged 279 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading plunges on JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Tuesday, with the volume of stocks changing hands dived 98 percent valued 96 percent less than on Monday, resulting from trading in five securities, compared to seven on Monday with three rising, two declining and no ending unchanged.
Overall, 14,818 shares were traded, for US$1,462 compared to 647,665 units at US$35,342 on Monday.
Trading averaged 2,964 units at US$292, versus 92,524 shares at US$5,049 on Monday, with a month to date average of 33,485 shares at US$2,181 compared with 36,116 units at US$2,343, previously. October ended with an average of 47,977 units for US$4,392.
The US Denominated Equities Index increased 2.31 points to finish at 225.68.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.6. 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 three stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Proven Investments gained 0.1 of a cent to close at 15.1 US cents with 3,800 stocks clearing the market,
Sygnus Credit Investments popped 0.22 of a cent to 8.9 US cents in trading 711 units, Sygnus Real Estate Finance USD share rallied 1.39 cents to end at 8.62 US cents. with 1,104 shares crossing the market and Transjamaican Highway declined 0.03 of a cent to end at 1.7 US cents with traders dealing in 9,153 stock units.
In the preference segment, Productive Business Solutions 9.25% preference share shed 90 cents in closing at US$11.50 as investors exchanged 50 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the close of trading on Wednesday, the JSE Combined Market Index fell 2,854.49 points to 323,356.14, the All Jamaican Composite Index dropped 1,682.39 points to lock up trading at 346,162.58, while the JSE Main Index dived 2,490.91 points to close at 310,440.98. The Junior Market Index shed 59.13 points to end trading at 3,677.85 and the JSE USD Market Index dipped 1.95 points to end the day at 225.90.
ICInsider.com PE ratio chart and the more detailed daily charts provide investors with regularly updated information to help decision-making.
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.
At the close of trading on tuesday, the JSE Combined Market Index rallied 320.57 points to close at 326,210.63, the All Jamaican Composite Index advanced 1,587.93 points to end the day at 347,844.97, while the JSE Main Index climbed 482.71 points to 312,931.89. At close of the market, the Junior Market Index slipped 15.04 points to 3,736.98 and the JSE USD Market Index rose 0.38 points to lock up trading at 227.85.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21.3 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 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.
At the close of trading on Wednesday, the JSE Combined Market Index popped 467.04 points to 328,599.13, the All Jamaican Composite Index dipped 419.77 points to 349,209.36, the JSE Main Index rose 57.72 points to end trading at 314,938.63. The Junior Market Index jumped 47.04 points to 3,794.73 and the JSE USD Market Index rose 2.54 points to finish at 228.22.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21.3 on 2022-23 earnings and 11.9 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 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.