The Main Market and USD Market of the Jamaica Stock Exchange climbed to start the new year at the close on Tuesday but the Junior Market slipped modestly following b gains on Friday, with trading dropping sharply from the year close on Friday, notwithstanding the gains in the market, trading ended with declining dominating those rising on the first day of the year.
At the close of trading, 21,294,970 shares were exchanged in all three markets, down from 107,792,193 units on Friday, with the value of stocks traded on the Junior and Main markets amounted to $81.4 million, down from $952.3 million on Friday. The JSE USD market closed after 51,389 shares were traded for US$5,071 compared to 367,867 units at US$23,662 on Friday.
Sagicor Select Financial Fund was the dominant trade in the Main Market, with 3.15 million shares, followed by Transjamaican Highway with 2.45 million units and Ciboney Group, 1.98 million units. In the Junior Market, EduFocal led trading with 2.46 million shares followed by One Great Studio with 1.59 million units and Future Energy, 665,397 stock units.
At the close of trading, Main Market stocks rallying were Guardian Holdings jumping $49.98 and ended at $399.98, Eppley popping $2.04 to close at $38.04, Scotia Group up $1.10 and ended at $39.50 and Massy Holdings advancing $1 to end at $91.
Declining Main Market stocks included AS Bryden, with a decline of $3.01 and ended at $30.10, Barita Investments falling $3.98 to $73, Eppley Caribbean Property Fund dropped $2.10 to $40, JMMB Group skidded $1 to $25, NCB Financial lost $1.99 to $68, followed by Sagicor Group skidding $2.50 to $47, Seprod declining $2.51 to end at $79.99 and Supreme Ventures shedding $2 in closing at $25.
Rising Junior Market stocks include ISP Finance and Access Financial up $2.49 each and Dolphin Cove up $1.27. Falling stocks include Main Event dropping 76 cents, AMG Packaging skidding 62 cents and Spur Tree Spices with a fall of 40 cents.
At the close of trading, the JSE Combined Market Index jumped 1,935.67 points to close at 341,093.80, the All Jamaican Composite Index climbed 1,130.72 points to 368,148.57, the JSE Main Index increased 2,125.48 points to end at 327,825.27. The Junior Market Index lost 6.58 points to end at 3,841.75 and the JSE USD Market Index gained 6.62 points to culminate at 237.81.
In the preference segment, Eppley 7.75% preference share dropped $3 to $19.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21 on 2022-23 earnings and 14.2 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
The Jamaica Stock Exchange US dollar market ended on Friday, with a 1,081 percent jump in the volume of stocks changing hands and the value jumping 3,472 percent more than on Thursday, resulting in the trading of 10 securities up from five on Thursday and ended with five rising, two declining and three ending unchanged.
Overall, 367,867 shares were traded, for US$23,588 compared with 31,154 units at US$662 on Thursday.
Trading averaged 36,787 units at US$2,359 versus 6,231 shares at US$132 on Thursday, with a month to date average of 28,010 shares at US$1,403 compared with 27,035 units at US$1,296 on the previous day. November ended with an average of 249,102 units for US$14,204.
The US Denominated Equities Index rose 6.56 points to close at 231.05, down 1.2 percent for the year.
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 four 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 remained at 4.37 US cents in trading 1,000 stock units, Margaritaville advanced 1.6 cents to 12.5 US cents after 168 shares passed through the market, Productive Business Solutions rose 23 cents to close at US$1.78 as investors exchanged 3,039 stocks.
Proven Investments climbed 0.51 of one cent to end at 15 US cents after a transfer of 86,285 units, Sterling Investments ended at 1.6 US cents with traders dealing in 157 stocks, Sygnus Credit Investments sank 1 cent to 8 US cents in an exchange of 6,456 units. Sygnus Real Estate Finance USD share ended at 7 US cents with investors transferring 1,000 shares and Transjamaican Highway popped 0.09 of a cent to end at 1.74 US cents in an exchange of 269,258 stock units,
In the preference segment, JMMB Group 6% fell 4 cents in closing at US$1.01 with investors dealing in 500 shares and Productive Business Solutions 9.25% preference share gained 20 cents to close at US$11.20 after just 4 stocks were traded.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading plunged on JSE USD Market
Trading remained low keyed on the Jamaica Stock Exchange US dollar market on Thursday, with the volume of stocks changing hands declining 76 percent valued 90 percent lower than on Wednesday, with just 31,154 shares traded for US$662 down from 127,343 units at US$6,740 on Wednesday and resulting in trading in five securities, compared to six on Wednesday with one rising, two declining and two ending unchanged.
Trading averaged 6,231 units at US$132, versus 21,224 shares at US$1,123 on Wednesday, with a month to date average of 27,035 shares at US$1,296 compared with 28,258 units at US$1,365 on the previous day and well off from November with an average of 249,102 units for US$14,204.
The US Denominated Equities Index gained 2.06 points to 224.49.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.2. The PE ratio is computed based on the last traded price divided by projected earnings that are computed 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 dipped 1.6 cents and ended at 10.9 US cents while exchanging 1,008 stock units,
Productive Business Solutions ended at US$1.55 with investors swapping 35 stocks, Proven Investments fell 0.42 of a cent to 14.49 US cents after an exchange of 9 shares. Sygnus Credit Investments ended at 9 US cents with a transfer of 4 stocks and Transjamaican Highway climbed 0.05 of a cent to end at 1.65 US cents as investors exchanged 30,098 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Subdued trading on the JSE USD Market
Trading resumed on Wednesday on the Jamaica Stock Exchange US dollar market after the break for the Christmas Holidays and ended with a 20 percent decline in the volume of stocks changing hands but with 146 percent greater value than on Friday, resulting in trading in six securities, similar to Friday and ended with prices of three stocks rising, one declining and two ending unchanged.
At the close of trading, 127,343 shares were exchanged at US$6,740 compared with 159,494 stock units at US$2,742 on Friday.
Trading ended with an average of 21,224 shares at US$1,123 compared to 26,582 shares at US$457 on Friday, with a month to date average of 28,258 units at US$1,365 compared with 28,793 stock units at US$1,383 previously. November ended with an average of 249,102 shares for US$14,204.
The US Denominated Equities Index added 1.32 points to close at 222.42.
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 four stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Margaritaville rose 1.75 cents to close at 12.5 US cents in exchanging 95 shares, Proven Investments climbed 0.91 of one cent to 14.91 US cents after trading of 3,543 stocks, Sterling Investments popped 0.02 of a cent to close at 1.6 US cents with a transfer of 350 shares. Sygnus Credit Investments ended at 9 US cents after 8,525 stocks were exchanged and Transjamaican Highway ended at 1.6 US cents with a transfer of 114,502 shares.
In the preference segment, Productive Business Solutions 9.25% preference share dipped 50 cents to US$11, with 328 units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading picks up on the JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Friday, with the volume of stocks changing hands surging 2,344 percent valued at 758 percent more than on Thursday and resulting in the trading of six securities, compared to three on Thursday with none rising, one declining and five ending unchanged.
Overall, 159,494 shares were traded, for US$2,742 compared with 6,525 units at US$320 on Thursday.
Trading ended with an average of 26,582 shares for US$457 compared with 2,175 units at US$107 on Thursday. Trading for the month to date averages 28,793 shares at US$1,383 compared to 28,974 units at US$1,459 on the previous day, well off from November, with an average of 249,102 units for US$14,204.
The US Denominated Equities Index dipped 2.03 points to 221.10.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.2. 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 four stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close of trading, Productive Business Solutions ended at US$1.55 in an exchange of 64 shares, Proven Investments remained at 14 US cents with investors transferring 364 units, Sterling Investments ended at 1.58 US cents after an exchange of 8,885 shares. Sygnus Credit Investments remained at 9 US cents with investors swapping 144 stock units and Transjamaican Highway declined 0.05 of a cent to close at 1.6 US cents, with 150,000 shares crossing the exchange.
In the preference segment, JMMB Group 6% remained at US$1.05 with traders dealing in 37 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading picks up on the JSE USD Market
Trading climbed back from Thursday’s depressed levels on the Jamaica Stock Exchange US dollar market ended on Friday, with the volume of stocks changing hands rising 393 percent valued 782 percent more than on Thursday and resulting in trading of five securities, compared to three on Thursday with none rising, three declining and two ending unchanged.
A total of 49,892 shares were traded for US$8,545, up sharply from just 10,110 units at a mere US$968 on Thursday.
Trading averaged 9,978 units at US$1,709, versus 3,370 shares at US$323 on Thursday, with a month to date average of 29,349 shares at US$1,693 compared with 31,248 units at US$1,691 on the previous day, well down on November with an average of 249,102 units for US$14,204.
The US Denominated Equities Index sank 4.56 points to close at 219.33.
The PE Ratio10.2. 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 two stocks ending with bids higher than their last selling prices and none with a lower offer.
At the close, MPC Caribbean Clean Energy ended at 57 US cents after 32 units passed through the market,
Productive Business Solutions ended at US$1.55 after 33 stocks were traded, Proven Investments slipped 0.43 of a cent to 13.09 US cents after 18,770 shares were traded and Transjamaican Highway dipped 0.02 of a cent to end at 1.68 US cents, with 25,739 stock units crossing the market.
In the preference segment, JMMB Group 6% fell 1 cent to close at US$1.05 while exchanging 5,318 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
A total of 65,137,916 shares, were traded in all three markets, from 132,966,020 units on Wednesday.
At the close of trading on Thursday, the JSE Combined Market Index jumped 4,106.46 points to 334,623.18, the All Jamaican Composite Index surged 6,057.90 points to 360,454.68, the JSE Main Index rallied 3,911.29 points to end trading at 321,471.63. The Junior Market Index surged 50.05 points to end at 3,783.30 and the JSE USD Market Index rose 1.89 points to wrap-up trading at 224.35.
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.
The value of stocks traded on the Junior and Main markets surged to $527.23 million compared with a mere $48.29 million on Thursday. The JSE USD market closed after 159,494 shares were traded, for US$2,742 compared to 6,525 units at US$320 on Thursday.
the JSE Main Index rallied by 812.63 points to end trading at 316,798.45. The Junior Market Index rallied 45.75 points to end the day at 3,728.14 and the JSE USD Market Index skidded 2.03 points to wrap up trading at 221.10.
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 the market, Main Market stocks rallying were Jamaica Broilers with a gain of $1.49, Sagicor Group up $1 and Scotia Group closing at a new 52 weeks’ closing high of $37.50, after gaining 38 cents. Declining Main Market stocks include GraceKennedy down $2.17 and Barita Investments with a fall of 90 cents.
Investors traded 10,449,490 shares, in all three markets, down from 13,761,322 units on Tuesday. The value of stocks traded on the Junior and Main markets amounts to $48.29 million compared with $65.97 million on Tuesday. The JSE USD market closed after just 6,525 shares were traded, for US$320 compared to 130,502 units at US$2,973 on Wednesday.
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 the market, the Main Market stocks rallying were Seprod up $2.90 followed by GraceKennedy with a rise of $1.50, Scotia Group climbing 90 cents to close at a new 52 weeks’ closing high and Jamaica Producers up by 74 cents. Declining Main Market stocks include Guardian Holdings down $10, Stanley Motta off 84 cents and Sygnus Real Estate Finance losing 80 cents.
Investors traded 20,978,708 shares, in all three markets, up from 12,392,600 units on Monday. The value of stocks traded on the Junior and Main markets amounts to $360.1 million up from $120.48 million on Monday. The JSE USD market closed after 47,641 shares were traded, for US$822 compared to 286,910 units at US$7,613 on Monday.
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.