The Jamaica Stock Exchange Main Market and the USD Market recorded gains at the end of trading on Wednesday with a rise in the volume and value of stock trading compared to Tuesday, but the Junior market which remained steady throughout the day slipped moderately at the close.
The JSE Combined Market Index rose 1,579.85 points to 346,227.67, the All Jamaican Composite Index climbed 1,936.55 points to 376,387.83, the JSE Main Index rallied 1,767.62 points to finish at 334,833.76, while the Junior Market Index fell 7.59 points to 3,692.92 and the JSE USD Market Index popped 0.11 points to finish at 237.58.
Shares in the preference segment of the Main Market that are not included in the TOP10 graphs ended with Eppley 7.25% climbing $3.50 to $20, JPS 7% jumped $16.24 to $79.49, PBS 9.75% lost $3 to end at $104 and PBS10.5% dropped $20.65 to close at $1,200.
At the close, investors exchanged 34,160,286 shares in all three markets, up from 32,651,744 units on Tuesday, with the value of stocks trading amounting to $335.12 million up from $105.6 million on Tuesday. Trading on the JSE USD market resulted in investors exchanging 114,200 shares for US$7,525, down from 301,912 units at US$33,588 on Tuesday.
The market’s PE ratio ended at 18.9 on 2022-23 earnings and 12.4 times those for 2023-24 at the close of trading.
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 put in 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 ICInsider.com PE Ratio chart covers all ordinary shares on the Jamaica Stock Exchange and shows companies grouped on an industry basis, allowing easy comparisons between the same sector companies and the overall market.
The net asset value of each company is reported as a guide 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 pertaining to the highest bid and lowest offer for each company.
The EPS & PE ratios are based on 2021 and 2022 actual or projected earnings, excluding major one off items. The PE Ratio is the most popular measure used to determine the value of stocks.
JSE Main Market start the week higher
The Main Markets of the Jamaica Stock Exchange recorded gains to start off the week on Monday but the Junior and JSE USD markets closed lower than on Friday, with a rise in the volume of stock trading but with a lower value compared to Friday.
The JSE Combined Market Index rallied 2,021.22 points to 346.220.16, the All Jamaican Composite Index jumped 1,710.31 points to close at 375,805.13, the JSE Main Index gained 2,554.58 points to end at 334,415.23, while the Junior Market Index dropped 39.60 points to 3,734.76 20.92 and the JSE USD Market Index dipped 3.17 points to finish at 240.12.
Shares in the preference segment of the Main Market that are not included in the TOP10 graphs ended with JPS 9.5 percent recovering the $150 it lost on Friday to close at $3,000 while the JPS 7 percent rose $11 to $50 and PBS 10.5 percent rallied $20 to close at $1,220.
At the close, investors exchanged 29,285,359 shares in all three markets, up from 14,514,651 units on Friday, with the value of stocks trading amounting to $85.3 million down from $135 million on Friday. Trading on the JSE USD market resulted in investors exchanging 173,563 shares for US$11,282, up sharply from 1,282,434 units at US$220.084 on Friday.
The market’s PE ratio ended at 18.8 on 2022-23 earnings and 12.4 times those for 2023-24 at the close of trading.
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 put in 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 ICInsider.com PE Ratio chart covers all ordinary shares on the Jamaica Stock Exchange and shows companies grouped on an industry basis, allowing easy comparisons between the same sector companies and the overall market.
The net asset value of each company is reported as a guide 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 that are 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 lowest offer for each company.
The EPS & PE ratios are based on 2021 and 2022 actual or projected earnings, excluding major one off items. The PE Ratio is the most popular measure used to determine the value of stocks.
All JSE markets close the week with gains
All three markets and the Jamaica Stock Exchange recorded gains to close out the week on Friday of trading on Thursday, with a fall in the volume and value of stocks changing hands compared to Thursday but with a higher value as trading in the JSE USD surged sharply over Thursday’s levels.
Trading ended with the JSE Combined Market Index rallying 448.42 points to 344,198.94. The All Jamaican Composite Index rose 1,723.12 points to 374,094.82, the JSE Main Index gained 275.40 points to conclude trading at 331,860.65, while the Junior Market Index climbed 20.92 points to 3,774.36 and the JSE USD Market Index popped 3.79 points to finish at 243.29. Shares in the preference segment of the Main Market that are not included in the TOP10 graphs had JPS 9.5 percent plummeting $150 to $2,850 while the JPS 7 percent rose $3.35 to $39.
At the close, investors exchanged 14,514,651 shares in all three markets, down from 27,419,909 units on Thursday, with the value of stocks trading amounting to $135 million up from $110.57 million on Thursday. Trading on the JSE USD market resulted in investors exchanging 1,282,434 shares for US$220.084, up sharply from 131,288 units at US$26,722 on Thursday.
The market’s PE ratio ended at 19.2 on 2022-23 earnings and 12.6 times those for 2023-24 at the close of trading.
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 put in 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 ICInsider.com PE Ratio chart covers all ordinary shares on the Jamaica Stock Exchange and shows companies grouped on an industry basis, allowing easy comparisons between the same sector companies and the overall market.
The net asset value of each company is reported as a guide 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 that are payable and yields for each company are shown in the Main and Junior Markets’ daily report charts that also show the closing volume pertaining to the bids and offers for each company.
The EPS & PE ratios are based on 2021 and 2022 actual or projected earnings, excluding major one off items. The PE Ratio is the most popular measure used to determine the value of stocks.
Gains for JSE Main & Junior Markets
The Main Market and the Junior Market of the Jamaica Stock Exchange started the week with gains while the USD market slipped at the close of trading on Monday as the markets continued to remain in a consolidation mood, but trading closed with a fall in the volume and value of stocks changing hands compared to trading on Friday.
At the close, the JSE Combined Market Index climbed 997.95 points to end trading at 347,557.60, the All Jamaican Composite Index popped 1,881.29 points to 373,005.45, the JSE Main Index rose 593.23 points to 336,049.32, while the Junior Market Index jumped 48.55 points to 3,714.30 and the JSE USD Market Index dipped 2.45 points to close at 234.52.
In the preference segment of the Main Market that is not reflected in the TOP10 graphs JPS 7 percent dropped $8.61 to $31.70 and PBS 9.75% fell $1 to $107.
At the close, investors exchanged 15,538,967 shares in all three markets, down from 30,527,346 units on Friday, with the value of stocks trading on Monday amounting to $52.4 million down from $69.48 million on Friday. Trading on the JSE USD market resulted in investors trading 353,880 shares for US$40,414, down from 506,557 units at US$55,262 on Friday.
The market’s PE ratio ended at 18.7 on 2022-23 earnings and 12.3 times those for 2023-24 at the close of trading.
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 put in 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 ICInsider.com PE Ratio chart covers all ordinary shares on the Jamaica Stock Exchange and shows companies grouped on an industry basis, allowing easy comparisons between the same sector companies and the overall market.
The net asset value of each company is reported as a guide 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 that are payable and yields for each company are shown in the Main and Junior Markets’ daily report charts that also show the closing volume pertaining to the bids and offers for each company.
The EPS & PE ratios are based on 2021 and 2022 actual or projected earnings, excluding major one off items. The PE Ratio is the most popular measure used to determine the value of stocks.
Gains for Jamaica Stock Exchange
The JSE USD Market and the Main indices recorded gains on Wednesday but Junior Markets slipped at the close of the Jamaica Stock Exchange, following a moderate rise in the volume and value of stocks changing hands compared to trading results on Tuesday.
At the close of trading, the JSE Combined Market Index popped 2,170.12 points to 345,113.88, the All Jamaican Composite Index fell 1,016.96 points to 368,294.60, the JSE Main Index rose 2,386.74 points to 333,584.65, the Junior Market Index dipped 4.92 points to 3,698.57 after trading over 3,780 points in the morning session and the JSE USD Market Index rose 8.49 points to 228.44.
In the preference section of the Main Market that is not reflected in the TOP10 graphs, JPS 7 percent dipped $11.53 to $50 and Eppley 5% lost $2.96 to end at $16.94 and Productivity Business Solutions 10.50% dropped $50 to $1,200.
At the close, investors exchanged 19,384,296 shares in all three markets, compared with 13,220,580 units on Tuesday, with the value of trading on Wednesday amounting to $64.8, million up from $58.84 million on the previous trading day. 
Trading on the JSE USD market resulted in the trading of 282,987 shares for US$21,164, from 299,535 units at US$25,772 on Tuesday.
The market’s PE ratio ended at 18.6 on 2021-22 earnings and 12 times those for 2022-23 at the close of trading.
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 put in 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 ICInsider.com PE Ratio chart covers all ordinary shares on the Jamaica Stock Exchange and shows companies grouped on an industry basis, allowing easy comparisons between the same sector companies and the overall market.
The net asset value of each company is reported as a guide 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 payable and yields for each company are shown in the Main and Junior Markets’ daily report charts that also show the closing volume pertaining to the bids and offers for each company.
The EPS & PE ratios are based on 2021 and 2022 actual or projected earnings, excluding major one off items. The PE Ratio is the most popular measure used to determine the value of stocks.
JSE Markets consolidating
Markets recorded gains on Tuesday following the closure of the Jamaica Stock Exchange for the long Easter weekend, commencing at the close on Thursday, with modest changes in the various market indices following moderate changes in the volume and value of stocks changing hands compared to Thursday.
Trading ended with the JSE Combined Market Index dipping 139.10 points to close at 342,939.98, the All Jamaican Composite Index slipping 1,204.07 points to 369,311.56, the JSE Main Index dropping 195.10 points to 331,197.91, while the Junior Market popping 4.58 points to 3,703.49 and the JSE USD Market Index rising 0.04 points to finish at 219.95.
In the preference section of the Main Market that is not reflected in the TOP10 graphs, Eppley 5% lost $2.90 to end at $19.10 and JPS 7% dropped $8.17 to $61.53.
At the close, investors exchanged 13,220,580 shares in all three markets, compared with 18,066,552 units on Thursday, with the value of trading on Tuesday amounting to $58.84, million from $55.7 million on the previous trading day. Trading on the JSE USD market resulted in investors exchanging 299,535 shares for US$25,772, down from 694,591 units at US$29,863 on Thursday.
The market’s PE ratio ended at 18.6 on 2021-22 earnings and 12 times those for 2022-23 at the close of trading.
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 put in 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 ICInsider.com PE Ratio chart covers all ordinary shares on the Jamaica Stock Exchange and shows companies grouped on an industry basis, allowing easy comparisons between the same sector companies and the overall market.
The net asset value of each company is reported as a guide 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 payable and yields for each company are shown in the Main and Junior Markets’ daily report charts that also show the closing volume pertaining to the bids and offers for each company.
The EPS & PE ratios are based on 2021 and 2022 actual or projected earnings, excluding major one off items. The PE Ratio is the most popular measure used to determine the value of stocks.
Gains for all three JSE Markets
Markets recorded gains ahead of the long Easter weekend break, on the Jamaica Stock Exchange Thursday, with the Main Market leading the way, with the market index climbing over 1,000 points while the Junior Market and the JSE USD market closed slightly higher.
Trading ended with the JSE Combined Market Index popping 1,147.93 points to 343,075.79, the All Jamaican Composite Index rising 1,349.36 points to close at 370,515.63, the JSE Main Index gaining 1,175.40 points to settle at 331,393.01, while the Junior Market rose 5.72 points to close at 3,698.91 and the JSE USD Market Index rose 9.57 points to end at 219.91.
In the preference section of the Main Market that is not reflected in the TOP10 graphs, JPS 7 percent dropped $14.30 to $69.70.
At the close, investors exchanged 18,066,552 shares in all three markets, compared with 85,549,341 units on Wednesday, with the value of trading on Thursday amounting to just $55.7, million down sharply from $1.73 billion on the previous trading day. Trading on the JSE USD market resulted in investors exchanging 694,591 shares for US$29,863, down from 303,705 units at US$35,767 on Wednesday.
The market’s PE ratio ended at 18.7 on 2021-22 earnings and 12.1 times those for 2022-23 at the close of trading.
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 put in 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 ICInsider.com PE Ratio chart covers all ordinary shares on the Jamaica Stock Exchange and shows companies grouped on an industry basis, allowing easy comparisons between the same sector companies and the overall market.
The net asset value of each company is reported as a guide 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 payable and yields for each company are shown in the Main and Junior Markets’ daily report charts that also show the closing volume pertaining to the bids and offers for each company.
The EPS & PE ratios are based on 2021 and 2022 actual or projected earnings, excluding major one off items. The PE Ratio is the most popular measure used to determine the value of stocks.
Junior Market rises JSE USD market plunged
The Junior Market recovered some of Monday’s loss and the Main Market slipped modestly but the JSE USD market dropped sharply at the close of Tuesday’s market activity after the volume and value of stocks trading on the market dropped sharply from that on Monday.
Trading ended with the JSE Combined Market Index dropping a mere 40.64 points to 343,082.25, the All Jamaican Composite Index declining 494.93 points to end at 371,255.18, the JSE Main Index dipping 390.22 points to settle at 331,377.07, while the Junior Market gained 34.69, to close at 3,701.20 and the JSE USD Market Index slipped 19.77 points to end at 209.90.
In the preference section of the Main Market that is not reflected in the TOP10 graphs, JPS 7 percent dropped $30.99 to $98 and PBS 9.75% jumped $16.05 to $107.
At the close, investors exchanged 13,602,402 shares in all three markets, compared with 30,620,034 units on Monday, with the value of trading on Monday amounting to just $36.96 million, down sharply from $137.2 million on the previous trading day. Trading on the JSE USD market resulted in investors exchanging 303,705 shares for US$18,904 down from 929,408 units at US$15,231 on Monday.
The market’s PE ratio ended at 18.5 on 2021-22 earnings and 12.1 times those for 2022-23 at the close of trading.
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 put in 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 ICInsider.com PE Ratio chart covers all ordinary shares on the Jamaica Stock Exchange and shows companies grouped on an industry basis, allowing easy comparisons between the same sector companies and the overall market.
The net asset value of each company is reported as a guide 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 payable and yields for each company are shown in the Main and Junior Markets’ daily report charts that also show the closing volume pertaining to the bids and offers for each company.
The EPS & PE ratios are based on 2021 and 2022 actual or projected earnings, excluding major one off items. The PE Ratio is the most popular measure used to determine the value of stocks.
Trading plunged on JSE USD Market
Trading plunged on the Jamaica Stock Exchange US dollar market ended on Thursday, with a 96 percent fall in the volume of stocks changing hands valued 75 percent less than that on Wednesday and resulted in nine securities traded, compared to seven on Wednesday with one rising, four declining and four ending unchanged.
A total of 4,892 shares were exchanged for US$3,727 compared with 125,994 units at US$14,617 on Wednesday.
Trading averaged 544 shares for US$414 compared to 17,999 shares at US$2,088 on Wednesday, with a month to date average of 8,472 shares at US$2,489 compared with 10,171 units at US$2,934 on the previous day. February ended with an average of 43,793 units for US$2,015.
The JSE USD Equities Index dropped 6.93 points to end at 224.37.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.7. The PE ratio is computed based on the last traded price of each stock divided by ICInsider.com’s projected earnings for companies with financial year ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than the last selling prices and one with a lower offer.
At the close, First Rock Real Estate USD share climbed 0.02 of a cent to end at 7 US cents after an exchange of 82 shares, Margaritaville shed 1 cent in closing at 11.5 US cents after a transfer of 148 stock units, MPC Caribbean Clean Energy remained at 66.6 US cents with investors transferring 61 stocks.
Productive Business Solutions dropped 10 cents to close at US$1.80 with 27 units changing hands, Proven Investments dipped 0.5 of a cent to 18.5 US cents in switching ownership of 850 shares and Sygnus Credit Investments USD share ended at 9.8 US cents after 2,021 stocks crossed the market.
In the preference segment, Productive Business 9.25% preference share remained at US$12.40 while exchanging 20 stock units, JMMB Group 5.75% ended at US$2.01 after investors traded 1,036 units and JMMB Group 6% declined by 1.86 cents to US$1.07, with 647 stock units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Profits saved JSE Main Market from 2022 collapse
A likely 6 percent growth in Jamaica’s economy in 2022 helped several Main Market stocks to overcome a sharp rise in interest rates to record gains between two and 82 percent after the Jamaica Stock Exchange started 2022 tentatively, 
with the market index gaining just two percent at its peak in mid-May after which the JSE Main Index dropped 10.2 percent for the year as Bank of Jamaica pushed interest rates higher during the year.
The first real sign of change in the market was after investors pushed Treasury bills rates to peak in April, seven months before the country’s central did. Stock prices started to slip in May, sending the market into reverse from then until year end, except for the last two weeks when there was a near 6 percent rebound.
Although the market declined for the year, the market ended the year with gains in 22 stocks, compared with 25 losers that fell from 3 percent to 40 percent, with Salada Foods being the worst performer, following a 38 percent fall in 
NCB Financial despite profit jumping sharply over that of 2021. The group recorded huge unrealised investment losses net of gains that wiped out the traditionally reported profit of $40 billion and left a deficit of $7.6 billion for the fiscal year that reduced shareholders’ equity from $161.5 billion to $149.5 billion, and resulted in continued dividend suspension, that may have encouraged more pressure on the stock than usual. Massy Holdings and VM Investments both declined by 35 percent for the year. 1834 Investments was the top stock resulting from its acquisition by Radio Jamaica, productive Business Solutions delivered gains of 64 percent, followed by Supreme Ventures, with 62 percent, both flowing from solid increases in profit for the period to September last year.