Gains for JSE as trading jumps

Kingston Wharves and Pan Jamaica dominated trading with the stocks having the highest traded value on the Jamaica Stock Exchange in Thursday trading session and driving the volume and value well over Wednesday’s activities, with the market closing with Main Market indices and JSE USD market closing higher while the Junior Market just manage to eked out a gain in the last few dying moments of the market to close moderately higher, resulting in prices of 33 shares rising and 28 declining.
At the close of trading, the JSE Combined Market Index climbed 1,198.94 points to 336,962.83, the All Jamaican Composite Index jumped 2,030.08 points to 362,251.00, the JSE Main Index rose 1,240.26 points to conclude trading at 324,184.12. The Junior Market Index squeezed out a gain of 1.44 points to close trading at 3,758.39 and the JSE USD Market Index rose 1.69 points to settle at 240.75.
At the close of trading, 17,138,332 shares were exchanged in all three markets, up from 11,705,524 units on Wednesday, with the value of stocks traded on the Junior and Main markets amounted to $147.59 million, well over the $43.87 million on the previous trading day and the JSE USD market closed with an exchange of 66,053 shares for US$5,573 compared to 1,005,394 units at US$50,711 on Wednesday.
In Main Market activity, Kingston Wharves led trading with 2.51 million shares followed by Wigton Windfarm with 1.80 million stock units and Pan Jamaica with 802,202 units, while in Junior Market trading, Stationery and Office Supplies led with 4.32 million shares followed by Spur Tree Spices with 1.13 million stocks and EduFocal with 733,394 units.
In the preference segment, 138 Student Living preference share rallied $1 to end at $211 and Productive Business Solutions 9.75% preference share sank $4.99 to $110.01.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 19.9 on 2023-24 earnings and 13.3 times those for 2024-25 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  the Jamaica Stock Exchange ordinary shares grouped by industry, allowing for easy comparisons within a sector and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.

Pertinent information is required 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.
The chart should be used in making rational decisions when investing in stocks close to the average for the sector, not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock.
The net asset value of each company is reported as a guide for investors to 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 of the highest bid and the lowest offer for each company.

Big jump in trading for the USD Market

Trading surged on the Jamaica Stock Exchange US dollar market ended on Wednesday, with a 1,060 percent jump in the volume of stocks exchanged following a 244 percent pop in value compared with market activity on Tuesday and resulting in trading in 10 securities, compared to 12 on Tuesday with prices of three rising, three declining and four ending unchanged.
The market closed with an exchange of 1,005,394 shares for US$50,711 compared to 86,667 units at US$14,748 on Tuesday.
Trading averaged 100,539 units at US$5,071 versus 7,222 shares at US$1,229 on Tuesday, with a month to date average of 36,785 shares at US$2,318 compared with 29,371 units at US$1,998 on the previous day and March that ended with an average of 49,394 units for US$3,593.
The US Denominated Equities Index declined 3.55 points to end at 239.06.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.3. 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 five stocks ended with bids higher than their last selling prices and three with lower offers.
At the close of the market, First Rock Real Estate USD share dipped 0.58 of one cent to end at 4.02 US cents closing, with 4,258 units being traded, Margaritaville ended at 10 US cents with 600 stocks crossing the market, Productive Business Solutions remained at US$1.59 after investors ended trading 36 shares. Proven Investments fell 1.68 cents to finish at 13.02 US cents with investors transferring 186,935 stock units, Sterling Investments remained at 1.7 US cents after 117 shares crossed the exchange, Sygnus Credit Investments gained 0.01 of a cent to close at 7.95 US cents with traders dealing in 5,475 stocks and Transjamaican Highway rose 0.08 of a cent to 2.19 US cents in switching ownership of 806,663 units.
In the preference segment, JMMB Group US8.5% preference share ended at US$1.19, with 700 stock units crossing the market, Productive Business Solutions 9.25% preference share declined 50 cents to close at US$11 in trading 250 shares and Sygnus Credit Investments E8.5% advanced 10 cents in closing at US$10.70, with 360 stock units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Fall for all JSE markets

All three markets of the Jamaica Stock Exchange declined in trading on Wednesday and ended with a sharp rise in trading on the USD market, with trading in the rest of the market enjoying a modest increase in the volume of stocks changing hands but with a fall in the value traded compared with the previous day and resulting in prices of 32 shares rising and 33 declining.
At the close of trading on Wednesday, the JSE Combined Market Index shed 1,130.34 points to end trading at 335,763.89, while the All Jamaican Composite Index dropped 1,794.74 points to close at 360,220.92, while the JSE Main Index lost 1,004.10 points to close at 322,943.86. The Junior Market Index fell 24.08 points to lock up trading at 3,756.95 and the JSE USD Market Index declined 3.55 points to end at 239.06.
At the close of trading, 11,705,524 shares were exchanged in all three markets compared to 11,538,316 units on Tuesday, with the value of stocks traded on the Junior and Main markets amount to $43.87 million, well below the $162.75 million on the previous trading day and the JSE USD market closed with an exchange of 1,005,394 shares for US$50,711 compared to 86,667 units at US$14,748 on Tuesday.
In Main Market activity, Wigton Windfarm led trading with 1.49 million shares followed by General Accident with 1.35 million units and Lasco Distributors with 1.17 million stock units.
In Junior Market trading, EduFocal led trading with 866,123 shares followed by ONE on ONE Educational with 661,048 stock units and Dolla Financial with 459,774 units.
In the preference segment, 138 Student Living preference share skidded $5 in closing at $210 and Productive Business Solutions 10.5% preference share rose $50 to end at $1,200.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 19.9 on 2023-24 earnings and 13.6 times those for 2024-25 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 within a sector and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Pertinent information is required 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.
The chart should be used in making rational decisions when investing in stocks close to the average for the sector, not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock.
The net asset value of each company is reported as a guide for investors to 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 of the highest bid and the lowest offer for each company.

More funds enters JSE USD Market

Trading on the Jamaica Stock Exchange US dollar market ended on Tuesday, with a 43 percent decline in the volume of stocks changing hands after a 166 percent jump in value compared with Monday, and resulting from trading in 12 securities, compared to 10 on Monday with prices of five rising, four declining and three ending unchanged.
The market closed with an exchange of 86,667 shares for US$14,748 compared to 152,339 units at US$5,545 on Monday.
Trading averaged 7,222 units at US$1,229 versus 15,234 shares at US$554 on Monday, with a month to date average of 29,371 shares at US$1,998 compared with 32,963 units at US$2,123 on the previous day and March that ended with an average of 49,394 units for US$3,593.
The US Denominated Equities Index gained 1.19 points to end the day at 242.61.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.5. 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 one with a lower offer.
At the close, AS Bryden climbed 0.51 of one cent in closing at 23 US cents after an exchange of 200 units, First Rock Real Estate USD share rose 0.58 of one cent to 4.6 US cents with investors transferring 1,080 stocks, Margaritaville remained at 10 US cents in an exchange of 80 shares. Productive Business Solutions ended at US$1.59, with 27 stock units changing hands, Proven Investments advanced 0.97 of one cent to close at 14.7 US cents in an exchange of 7,992 shares, Sterling Investments popped 0.19 of a cent to end at 1.7 US cents after trading 36 stock units. Sygnus Credit Investments rallied 0.34 of a cent in closing at 7.94 US cents with a transfer of 11,059 stocks, Sygnus Real Estate Finance USD share ended at 9 US cents and closed after 65 units were traded and Transjamaican Highway declined 0.09 of a cent to finish at 2.11 US cents with an exchange of 59,749 stocks.
In the preference segment, JMMB Group US8.5% preference share shed 0.85 of one cent and ended at US$1.19, with 6,000 units crossing the market, Productive Business Solutions 9.25% preference share dropped 85 cents to close at US$11.50 with investors dealing in 259 shares and Sygnus Credit Investments E8.5% lost 10 cents to end at US$10.60, with 120 stock units crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Fall for Main & Junior Markets but USD rises

The Main Market of the Jamaica Stock Exchange declined in trading on Tuesday as the Junior Market JSE USD market closed moderately higher as trading ended with the number of stocks changing hands rising moderately over that on Monday, with a much higher the value, resulting in prices of 31 shares rising and 32 declining.
At the close of trading, the JSE Combined Market Index fell 2,956.19 points to close at 336,894.23, the All Jamaican Composite Index declined 4,420.59 points to 362,015.66, the JSE Main Index dropped 3,062.56 points to end the day at 323,947.96. The Junior Market Index dipped 2.92 points to end at 3,781.03 and the JSE USD Market Index popped 1.19 points to settle at 242.61.
At the close of trading, 11,538,316 shares were exchanged in all three markets, marginally up from 11,094,504 units on Monday, with the value of stocks traded on the Junior and Main markets amounted to $162.75 million, well over the $40.23 million on the previous trading day and the JSE USD market closed with an exchange of 86,667 shares for US$14,748 compared to 152,339 units at US$5,545 on Monday.
In Main Market activity, Sagicor Group led trading with 3.04 million shares followed by Wigton Windfarm with 1.63 million stock units, Transjamaican Highway with 1.13 million stocks and General Accident with 1.08 million shares.
In Junior Market trading, One Great Studio led trading with 1.06 million shares followed by Spur Tree Spices with 1.05 million units and ONE on ONE Educational with 199,059 units for 6.4 percent market share.
In the preference segment, Jamaica Public Service 7% advanced $3.01 to end at $50, 138 Student Living preference share climbed $5 in closing at $215, Productive Business Solutions 9.75% preference share skidded $3.45 and ended at $115 and Sygnus Credit Investments C10.5% popped $5.49 to finish at $109.49.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 20 on 2023-24 earnings and 13.4. times those for 2024-25 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 within a sector and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.

Pertinent information is required 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.
The chart should be used in making rational decisions when investing in stocks close to the average for the sector, not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock.
The net asset value of each company is reported as a guide for investors to 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 of the highest bid and the lowest offer for each company.

Trading climbs on JSE USD Market

Trading jumped sharply on Monday over the miniscule amounts traded on Friday on the Jamaica Stock Exchange US dollar market, with the volume of stocks exchanged rising 1,470 percent after 223 percent more US dollars entered the market than on Friday, resulting in trading in 10 securities, compared to six on Friday with prices of one rising, seven declining and two ending unchanged.
The market closed with an exchange of 152,339 shares for US$5,545 compared to 9,705 units at US$1,717 on Friday.
Trading averaged 15,234 units at US$554 up from 1,618 shares at US$286 on Friday, with a month to date average of 32,963 shares at US$2,123 compared with 35,733 units at US$2,368 on the previous day and March that ended with an average of 49,394 units for US$3,593.
The US Denominated Equities Index sank 0.73 points to conclude trading at 241.42.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.2. 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 seven stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, AS Bryden rose 0.47 of a cent to end at 22.49 US cents after an exchange of 2,250 shares, First Rock Real Estate USD share declined 0.08 of a cent in closing at 4.02 US cents after 1,946 stocks passed through the market, MPC Caribbean Clean Energy fell 1 cent to 61 US cents with an exchange of 16 shares. Productive Business Solutions remained at US$1.59, with one stock unit crossing the market, Proven Investments dipped 0.18 of a cent to end at 13.73 US cents in swapping 3,455 shares, Sterling Investments lost 0.09 of a cent to close at 1.51 US cents with 301 stocks clearing the market. Sygnus Credit Investments slipped 0.27 of one cent to 7.6 US cents with investors swapping 7,851 units, Sygnus Real Estate Finance USD share ended at 9 US cents after a transfer of 540 stock units and Transjamaican Highway slipped 0.02 cent in closing at 2.2 US cents, with 135,904 shares changing hands.
In the preference segment, Sygnus Credit Investments E8.5% skidded 10 cents to finish at US$10.70 in an exchange of 75 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Subdued Jamaica stock market trading

Investors shunned trading activity on the Jamaica Stock Exchange on Monday resulting in just $40 million being exchanged in the Main and Junior Markets as trading in the JSE USD market climbed sharply above Friday’s extremely low level and helped push prices of 28 stocks higher and 43 lower, at the close of trading.
At the end of trading, the JSE Combined Market Index gained 104.84 points to close at 339,850.42, the All Jamaican Composite Index skidded 64.70 points to 366,436.25, but the JSE Main Index gained 255.28 points to end at 327,010.52. The Junior Market Index skidded 20.07 points to conclude trading at 3,783.95 and the JSE USD Market Index sank 0.73 points to 241.42.
At the close of trading, 11,094,504 shares were exchanged in all three markets, down from 14,089,380 units on Friday, with the value of stocks traded on the Junior and Main markets amounted to a mere $40.23 million, well below the $166.13 million on the previous trading day and the JSE USD market closed with an exchange of 152,339 shares for US$5,545 compared to 9,705 units at US$1,717 on Friday.
In Main Market activity, Transjamaican Highway led trading with 2.33 million shares followed by Wigton Windfarm with 1.53 million stocks and Sagicor Select Manufacturing & Distribution Fund with 541,191 units
At the close of the Junior Market, Spur Tree Spices led trading with 1.47 million shares followed by EduFocal with 536,957 units and Stationery and Office Supplies with 517,761 units.
In the preference segment, Jamaica Public Service 7% slipped $1.01 and ended at $46.99, 138 Student Living preference share lost $3 to end at $210, Productive Business Solutions 9.75% preference share popped $23.37 in closing at $118.45 and Sygnus Credit Investments C10.5% dipped $6 to close at $104.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 20 on 2023-24 earnings and 13.4. times those for 2024-25 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 within a sector and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Pertinent information is required 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.
The chart should be used in making rational decisions when investing in stocks close to the average for the sector, not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock.
The net asset value of each company is reported as a guide for investors to 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 of the highest bid and the lowest offer for each company.

Volume plunges on JSE combined market

The Junior Market cleared the 3,800 barrier at the close of the Jamaica Stock Exchange on Friday but the Main Market JSE USD market closed with losses as trading ended with the number of stocks changing hands falling and the value jumping sharply over the previous trading day, as the Junior and Main markets switched roles for the level of stocks traded compared with Thursday, with the value of stocks traded in the Main Market jumping 390 percent even as the volume dropped by 32 percent, with the Junior Market trading dropping over 95 percent compared with Thursday as trading resulted in prices of 33 shares rising and 32 declining in the markets.
At the close of trading on Friday, the JSE Combined Market Index shed 1,284.91 points to end at 339,745.60, the All Jamaican Composite Index skidded 1,102.99 points to close at 366,500.95, the JSE Main Index fell 1,547.35 points to 326,755.24. The Junior Market Index popped 28.47 points to end trading at 3,804.02 and the JSE USD Market Index slipped 0.26 points to settle at 242.15.
At the close of trading, 14,089,380 shares were exchanged in all three markets, down on the 83,531,081 units on Thursday, with the value of stocks traded on the Junior and Main markets amounted to $166.13 million, moderately below the $188.25 million on the previous trading day and the JSE USD market closed with an exchange of 9,705 shares for US$1,717 compared to 326,941 units at US$17,135 on Thursday.
In Main Market activity, Sagicor Group led trading with 3.08 million shares followed by Transjamaican Highway with 2.93 million units and Wigton Windfarm with 2.60 million stocks, while in the Junior Market trading, Caribbean Assurance Brokers led trading with 864,573 shares followed by EduFocal with 851,715 units and MFS Capital Partners with 497,347 stock units.
In the preference segment, 138 Student Living preference share fell $3 to end at $213 and Sygnus Credit Investments C10.5% gained $4 in closing at $110.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 20.37 on 2023-24 earnings and 13.7 times those for 2024-25 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.
Pertinent information is required 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.
The chart should be used in making rational decisions when investing in stocks close to the average for the sector and not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock.
The net asset value of each company is reported as a guide for investors to assess the value of stocks based on this measure quickly. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends paid or payable and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume of the highest bid and the lowest offer for each company.

Juniors jump Main & USD markets steady

Trading activity surged on the Jamaica Stock Exchange on Thursday following a 60 million trade in Spur Tree ASpices with a value of $135 million with the Junior Market index being pushed solidly higher at the close the Main Market closed mixed and the JSE USD market closed moderately higher as trading ended with the number of and value of stocks changing hands jumped, over the previous trading day, resulting in prices of 37 shares rising and 33 declining.
At the close of trading, the JSE Combined Market Index rose 442.69 points to close at 341,030.51, the All Jamaican Composite Index slipped 45.90 points to 367,603.94, the JSE Main Index rallied just 163.28 points to close at 328,302.59. The Junior Market Index rallied 41.06 points to end the day at 3,775.55 and the JSE USD Market Index popped 0.06 points to end the day at 242.41.
At the close of trading, 83,531,081 shares were exchanged in all three markets, well up on the 11,106,203 units on Wednesday, with the value of stocks traded on the Junior and Main markets jumping to $188.25 million, well over the $33.36 million on the previous trading day and the JSE USD market closed with an exchange of 326,941 shares for US$17,135 compared to 233,494 units at US$6,425 on Wednesday.
In Main Market activity, Sagicor Select Financial Fund led trading with 6.73 million shares followed by Wigton Windfarm with 5.18 million stock units and Transjamaican Highway with 3.09 million stocks.
In the Junior Market, Spur Tree Spices led trading with 60.03 million shares followed by Future Energy with 4.04 million units and One Great Studio with 832,703 stock units.
In the preference segment, Productive Business Solutions 10.5 % preference share gained $50 to end at $1,150.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 20 on 2023-24 earnings and 13.7 times those for 2024-25 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons between the same sector companies and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Investors need pertinent information to navigate numerous investment options successfully in the stock market. The ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
Investors should use the chart to help make rational decisions when investing in stocks close to the average for the sector and not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock.
The net asset value of each company is reported as a guide for investors to assess the value of stocks based on this measure quickly. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends paid or payable and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume of the highest bid and the lowest offer for each company.

Trading plunged on the JSE on Wednesday

Trading plunged to a low level on the Jamaica Stock Exchange on Wednesday as market interest rates continued to rise with the Bank of Jamaica CD rate averaging 11.9 percent at Wednesday’s auction, the highest since interest rates were reversed from the low levels in 2021.
At the close of the market, the Main and JSE USD markets closed higher but the Junior Market that rose in the morning session continued to decline after a small rise on Tuesday, with trading ended with the number of stocks changing hands falling, with the value of stocks traded jumping sharply over the previous trading day, resulting in prices of 33 shares rising and 33 declining.
At the close of trading, the JSE Combined Market Index climbed 1141.55 points to close at 340,587.82, the All Jamaican Composite Index climbed 1,140.00 points to close at 367,649.84, the JSE Main Index rallied 1,376.12 points to 328,139.31. The Junior Market Index fell 25.49 points to culminate at 3,734.49 and the JSE USD Market Index gained 4.38 points to conclude trading at 242.35.
At the close of trading, 11,106,203 shares were exchanged in all three markets, down from 14,166,946 units on Tuesday, with the value of stocks traded on the Junior and Main markets amounting to $33.36 million, well below the $51.59, million on the previous trading day and the JSE USD market closed with an exchange of 233,494 shares for US$6,425 compared to 325,197 units at US$9,274 on Tuesday.
In Main Market activity, Wigton Windfarm led trading with 4.43 million shares followed by Transjamaican Highway with 1.75 million stocks and Sagicor Select Financial Fund with 663,546 units.
In a low-keyed trading session on the Junior Market, Stationery and Office Supplies led trading with 251,673 shares followed by Fosrich with 228,475 units and Dolla Financial with 224,947 stock units.
In the preference segment, 138 Student Living preference share fell $2.03 in closing at $216 and Sygnus Credit Investments C10.5% increased $5 to finish at $106.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 19.9 on 2023-24 earnings and 13.7 times those for 2024-25 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons between the same sector companies and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Investors need pertinent information to navigate numerous investment options successfully in the stock market. The ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
Investors should use the chart to help make rational decisions when investing in stocks close to the average for the sector and not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock.
The net asset value of each company is reported as a guide for investors to assess the value of stocks based on this measure quickly. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends paid or payable and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume of the highest bid and the lowest offer for each company.