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.
All JSE Markets rise
The Jamaica Stock Exchange recorded gains in all three markets on Tuesday in trading on Monday as trading ended with a decline in the number exchanged, with the value traded rising over that on Monday
At the close of trading, the JSE Combined Market Index popped 178.57 points to 335,378.11, the All Jamaican Composite Index gained 2,400.43 points to wrap-up trading at 359,385.57, the JSE Main Index rose 1,467.74 points to finish at 322,832.91. The Junior Market Index rallied 11.23 points to finish at 3,723.72 and the JSE USD Market Index increased 5.74 points to end at 243.50.
At the close of trading, 19,941,630 shares were exchanged in all three markets, down from 25,106,007 units on Monday, with the value of stocks traded on the Junior and Main markets amounted to $83.9 million, up from $52.25 million on Tuesday and the JSE USD market closed with an exchange of 508,298 shares for US$11,596 compared to 501,713 units at US$12,814 on Monday.
Main Market trading was dominated by Transjamaican Highway with 4.42 million shares followed by Wigton Windfarm with 706,792 units and Sagicor Real Estate Fund with 402,277 units.
In the Junior Market, Fosrich led trading with 2.86 million shares followed by MFS Capital Partners with 2.06 million units, One Great Studio closed with 1.24 million units, iCreate ended with 1.14 million stocks, Tropical Battery with 1.12 million shares and EduFocal with 1.02 million units.
At the close of the market, some of the major Main Market stocks that rose are First Rock Real Estate climbed $1 to $8, Scotia Group advanced $2.47 to end at $41.50, Mayberry Group rose 86 cents to close at $8.41 and Stanley Motta popped 88 cents in closing at $6.15.
The major declining Main Market stocks include General Accident dipped 65 cents in closing at $4.70, GraceKennedy fell 95 cents to close at $77.05, Jamaica Broilers dropped $1.02 to close trading at $32.50, Margaritaville lost $2.58 to $15, Massy Holdings declined $1 to end at $88.
On a day of limited price movement in the Junior Market, the major stocks with gains are Access Financial climbed $2.17 to close at $22.68, Knutsford Express gained 38 cents to $12.38 and Main Event advanced 60 cents to close at $14.80, with the major losing stocks being AMG Packaging skidded 63 cents to $2.42 and Cargo Handlers that sank 92 cents to end at $13.08.
In the preference segment, 138 Student Living preference share rallied $36.45 and ended at $167.27.
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 13.7 times those for 2023-24 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons between the same sector companies and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Investors need pertinent information to 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.
Surge in trading for JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Monday, with a jump of 1,550 percent in the volume of stocks exchanged following a 270 percent rise in money changing hands compared to Friday, resulting in trading in six securities, compared to four on Friday with prices of one rising, three declining and two ending unchanged.
The market closed with an exchange of 501,713 shares for US$12,814 compared to 30,414 units at US$3,460 on Friday.
Trading averaged 83,619 units at US$2,136 versus 7,604 shares at US$865 on Friday, with a month to date average of 20,880 shares at US$1,164 compared with 14,035 units at US$1,058 on the previous day and December that ended with an average of 28,010 units for US$1,403.
The US Denominated Equities Index dipped 0.39 points to lock up trading at 237.67.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.3. 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 none with a lower offer.
At the close, Margaritaville dipped 0.41 of one cent and ended at 11.99 US cents in an exchange of 144 units, Proven Investments shed 0.46 of a cent to 13.04 US cents with investors dealing in 29,843 stocks, Sterling Investments ended at 1.6 US cents after 1,383 shares were traded. Sygnus Credit Investments declined 0.5 of one cent to end at 8 US cents, with an exchange of 7,315 stocks and Transjamaican Highway advanced 0.08 of a cent to 1.79 US cents with investors transferring 463,007 shares.
In the preference segment, Productive Business Solutions 9.25% preference share remained at US$11.50 after 21 units changed hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Main & Junior Markets fall on reduced trading
Trading dropped back on the Jamaica Stock Exchange gained on Monday, with the number of stocks exchanged rising to but with a lower value than on Friday, with the Main Market sliding and the Junior Market dropping sharply as the JSE USD market rose moderately, to start the week.
At the close of trading, the JSE Combined Market Index fell 1,296.25 points to 333,903.28, the All Jamaican Composite Index sank 2,854.05 points to end trading at 356,985.14, the JSE Main Index dropped 873.63 points to conclude trading at 321,365.17. The Junior Market Index lost 54.46 to end at 3,712.49 and the JSE USD Market Index fell 0.30 points to finish at 237.76.
At the close of trading, 25,106,007 shares were exchanged in all three markets, up from 23,346,054 units on Friday, with the value of stocks traded on the Junior and Main markets amounted to $52.28 million, down from $389.49 million on Friday and the JSE USD market closed with an exchange of 501,713 shares for US$12,814 compared to 30,414 units at US$3,460 on Friday.
Main Market trading was dominated by Wigton Windfarm led trading with 8.92 million shares followed by Transjamaican Highway with 2.37 million units, Sagicor Select Financial Fund closed with 1.70 million units and Ciboney Group with 1.35 million units.
In the Junior Market, One Great Studio led trading with 2.19 million shares followed by Fosrich with 1.25 million units and iCreate with 904,279 stock units.
At the close of the market, some of the major Main Market stocks that rose are First Rock Real Estate gained 99 cents to close at $7, MPC Caribbean Clean Energy rose $1 to end at $91, NCB Financial rallied $1.95 to $67.40 Seprod climbed $1.95 and ended at $85.95.
The major declining Main Market stocks include Caribbean Cement shed $1.40 in closing at $55.50, GraceKennedy skidded $1 to close at $78 while exchanging 104,553 units and Guardian Holdings dropped $9.49 in closing at $350.51.
On a day of limited price movement in the Junior Market, there were no stocks with a major higher, with the major losing stocks being ISP Finance down $3.41, Main Event with a loss of 60 cents and Caribbean Cream and Knutsford Express with a decline of 40 cents each.
In the preference segment, no stock traded with a notable price change.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21.2 on 2022-23 earnings and 13.8 times those for 2023-24 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons between the same sector companies and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Investors need pertinent information to navigate numerous investment options 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.
Steady trading for JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Friday, with the volume of stocks traded declining 62 percent after 41 percent more money changed hands compared to Thursday and resulting in trading in four >securities, compared to eight on Thursday, with prices of three rising, none declining and two ending unchanged.
The market closed with an exchange of 30,414 shares for US$3,460 compared to 81,185 units at US$2,499 on Thursday.
Trading averaged 7,604 units at US$865 versus 10,148 shares at US$312 on Thursday, with a month to date average of 14,035 shares at US$1,058 compared with 14,540 units at US$1,073 on the previous day and December that ended with an average of 28,010 units for US$1,403.
The US Denominated Equities Index declined 0.01 points to culminate at 238.06.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.4. 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, Proven Investments ended at 13.5 US cents with investors trading 14,181 units, Sterling Investments rallied 0.03 of a cent to 1.6 US cents, with 3,700 stocks crossing the exchange and Transjamaican Highway rose 0.01 of a cent to end at 1.71 US cents with 12,422 shares changing hands.
In the preference segment, Productive Business Solutions 9.25% preference share remained at US$11.50 while exchanging 111 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Slippage for JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Thursday, with the volume of stocks exchanged rising 267 percent after 90 percent less money changed hands compared with Wednesday, resulting in trading in eight securities, compared to five on Wednesday with prices of two rising, five declining and one ending unchanged.
The market closed with an exchange of 81,185 shares for US$2,499 compared with 22,109 units at US$25,157 on Wednesday.
Trading averaged 10,148 units at US$312 compared to 4,422 shares at US$5,031 on Wednesday, with a month to date average of 14,540 shares at US$1,073 compared with 15,357 units at US$1,215 on the previous day and December that ended with an average of 28,010 units for US$1,403.
The US Denominated Equities Index lost 2.75 points to conclude trading at 238.07.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.4. 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, Margaritaville rallied 2.3 cents in closing at 12.4 US cents after an exchange of one unit, MPC Caribbean Clean Energy fell 4 cents to 54 US cents with investors trading 878 stocks, Proven Investments lost 1 cent and ended at 13.5 US cents after an exchange of 4,113 shares. 
Sterling Investments dipped 0.03 of a cent to 1.57 US cents, with investors exchanging 59,522 stocks, Sygnus Credit Investments slipped 0.5 of one cent to close at 8.5 US cents with an exchange of 3,146 stock units and Transjamaican Highway skidded 0.01 of a cent to 1.7 US cents after 13,522 shares cleared the market.
In the preference segment, JMMB Group 6% rose 1 cent to close trading atUS$1.20, with an exchange of one stock unit and Productive Business Solutions 9.25% preference share ended at US$11.50 with a transfer of two stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Juniors rise as JSE Main & USD markets drop
The Junior Market was the only market recording gains at the close of trading on Thursday on the Jamaica Stock Exchange, but the JSE USD market slipped with the Main Market falling as trading ended with the number of shares jumping but with a lower value than on Wednesday as trading ended with 32 ordinary shares rising and 35 declining.
At the close of trading on Thursday, the JSE Combined Market Index dropped 991.34 points to 332,385.19, the All Jamaican Composite Index declined 1,252.29 points to 356,120.35, the JSE Main Index dropped 1,306.80 points to 319,222.85. The Junior Market Index added 26.75 points to settle at 3,768.57 and the JSE USD Market Index shed 2.75 points to close at 238.07.
At the close of trading, 24,096,418 shares were exchanged in all three markets, up from 16,686,862 units on Wednesday, with the value of stocks traded on the Junior and Main markets amounted to $52.34 million, up from $145.58 million on Tuesday and the JSE USD market closed after 81,185 shares for US$2,499 compared to 22,109 units at US$25,157 on Wednesday.
Main Market trading was dominated by Wigton Windfarm led trading with 12.69 million shares followed by Transjamaican Highway with 1.12 million units and Radio Jamaica with 849,926 units.
In the Junior Market, Derrimon Trading led trading with 2.19 million shares followed by MFS Capital Partners with 1.30 million units and One Great Studio with 851,349 stocks.
At the close of the market, some of the major rising Main Market stocks are Margaritaville rose $2.58 to $17.58 and Seprod climbed $1 and ended at $84.
the major declining Main Market stocks include AS Bryden fell $3.50 and ended at $36.50, Eppley Caribbean Property Fund sank $2.50 to close at $37.50, Guardian Holdings declined $30 to $360, JMMB Group dipped $1.15 to close at $23.80, Massy Holdings skidded $1.45 to close at $89 and Sagicor Group lost $2.93 in closing at $42.
In the Junior Market, the major rising stocks include Access Financial gaining $3 in closing at $23 and AMG Packaging gaining 40 cents to close at $2.76. Stocks declining in the Junior Market had moderate price changes.
In the preference segment, Productive Business Solutions 10.5 % preference share declined $25 and ended at $1,075.
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 13.8 times those for 2023-24 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons between the same sector companies and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Investors need pertinent information to navigate numerous investment options 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 picks up on the JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Wednesday, with the volume of stocks exchanged declining 84 percent after 680 percent more money changed hands than on Tuesday, resulting in trading in five securities, compared to six on Tuesday with prices of one rising, one declining and three ending unchanged.
The market closed with an exchange of 22,109 shares for US$25,157 compared to 135,574 units at US$3,223 on Tuesday.
Trading averaged 4,422 units at US$5,031 versus 22,596 shares at US$537 on Tuesday, with a month to date average of 15,357 shares at US$1,215 compared with 16,796 units at US$712 on the previous day and December that ended with an average of 28,010 units for US$1,403.
The US Denominated Equities Index rose 1.04 points to close at 240.82.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.4. 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 none with a lower offer.
At the close of trading, Productive Business Solutions dropped 1 cent to end at US$1.77 with investors swapping 14 stocks, Proven Investments ended at 14.5 US cents, with 963 shares crossing the market, Sterling Investments remained at 1.6 US cents in an exchange of 64 stocks and Transjamaican Highway ended at 1.71 US cents after 68 units passed through the market.
In the preference segment, JMMB Group 6% advanced 14 cents to close at US$1.19 in an exchange of 21,000 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Decline for JSE Main Market, Junior & USD markets steady
The Junior Market and the JSE USD market were relatively stable in trading on Wednesday, with the Main Market of the Jamaica Stock Exchange declining meaningfully as trading ended with the number and the value of shares trading rising sharply over that on Tuesday as trading ended with 37 ordinary shares rising and 34 declining.
At the close of trading on Wednesday, the JSE Combined Market Index rallied 503.65 points to end trading at 336,013.76, while the All Jamaican Composite Index declined 3,548.11 points to 357,372.64, the JSE Main Index declined 2,758.68 points to lock up trading at 320,529.65. The Junior Market Index slipped 5.71 points to 3,741.82 points and the JSE USD Market Index rallied 1.02 points to end trading at 240.82.
At the close of trading, 16,686,862 shares were exchanged in all three markets, up from 14,586,125 units on Tuesday, with the value of stocks traded on the Junior and Main markets amounted to $145.58 million, up from $38.46 million on Tuesday and the JSE USD market closed after only 22,109 shares were exchanged for US$25,157 compared to 135,574 units at US$3,223 on Tuesday.
Main Market trading was dominated by Wigton Windfarm led trading with 3.67 million shares followed by Jamaica Broilers with 3.22 million units, JMMB Group 7.5% ended with 2.35 million units and Transjamaican Highway with 1.03 million units.
In the Junior Market, Dolla Financial led trading with 1.31 million shares, followed by One Great Studio with 558,940 units and iCreate with 323,373.
At the close of the market, Main Market stocks rising are AS Bryden that rallied $1 and ended at $40, Caribbean Cement climbing $2.24 to $57, NCB Financial gaining $1.30 in closing at $67.50.
Declining Main Market stocks include Guardian Holdings down $5 to $390, Jamaica Stock Exchange dipping 96 cents to $10.06, Mayberry Group declining 95 cents to $7.50, Mayberry Jamaican Equities shedding 89 cents to close at $9.01, Proven Investments dropping $1.30 and ended at $22.18 as Sagicor Group skidded $1.07 to end at $44.93 and Seprod sank $1.99 and ended at $83.
In the Junior Market, rising stocks include Main Event which rose 67 cents to close at $14.97 and the stock with the largest loss in the Junior Market was AMG Packaging fell 64 cents to $2.36.
In the preference segment, Jamaica Public Service 7% rose $8.17 in closing at $48.17 and Productive Business Solutions 10.5 % preference share rallied $40 to end at $1,100.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21.6 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.
