Trading fell back to more recent normal levels on the Jamaica Stock Exchange declined on Wednesday following the big 45 percent acquisition of Caribbean Producers’ shareholding on Tuesday resulting in all markets closing lower as the volume and the value of stocks traded, pulled back sharply ended with prices of just 26 shares rising and 44 declining.
At the close of trading, the JSE Combined Market Index shed 423.64 points to close at 331,235.62, the All Jamaican Composite Index skidded 225.66 points to wrap up trading at 357,126.48, the JSE Main Index rose 203.31 points to lock up trading at 318,474.57. The Junior Market Index sank 87.25 points to wrap-up trading at 3,721.26 and the JSE USD Market Index fell 7.18 points to conclude trading at 231.45.
At the close of trading, 27,362,023 shares were exchanged in all three markets, up from the Caribbean Producers boosted 505,129,200 units on Tuesday, with the value of stocks traded on the Junior and Main markets amounted to $175.39 million, well below the $5.2 billion on the previous trading day and the JSE USD market closed with an exchange of 448,485 shares for US$18,478 compared to 331,393 units at US$15,388 on Tuesday.
In Main Market activity, Transjamaican Highway led trading with 5.49 million shares followed by Wigton Windfarm with 4.45 million stocks, Innovative Energy Group Ltd ended with 1.93 million units, Caribbean Producers had trading of 1.24 million units, Carreras closed with 1.21 million shares and GraceKennedy with 1.06 million units.
In Junior Market trading, Future Energy led trading with 3.03 million shares followed by Omni Industries with 1.36 million units and Indies Pharma with 972,611 stocks.
In the preference segment, no stock was traded with a notable price change.
The market’s PE ratio, the most popular measure used to value stocks, ended at 20.1 on 2023-24 earnings and 13.7 times those for 2024-25 at the close of trading. ICInsider.com PE ratio chart and 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 more detailed daily 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
In Tuesday’s trading on the Jamaica Stock Exchange US dollar market, the volume of stocks that were exchanged rose 32 percent, with a 24 percent lower value than on Monday, resulting in trading in five securities, similar to trading on Monday, with prices of one rising, two declining and two ending unchanged.
The market closed with an exchange of 331,393 shares for US$15,388 up from 250,977 stock units at US$20,236 on Monday.
Trading averaged 66,279 stocks at US$3,078 compared to 50,195 shares at US$4,047 on Monday, with a month to date average of 26,802 shares at US$1,721 compared with 16,933 units at US$1,381 on the previous day and June that ended with an average of 53,325 units for US$3,682.
The US Denominated Equities Index advanced 0.15 points to cease trading at 238.63.
The PE Ratio, a most used measure for computing appropriate stock values, averages 7.8. The PE ratio is computed based on last traded prices divided by projected earnings done by ICInsider.com for companies with financial year ending and or around August 2025.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and one with a lower offer.
At the close of trading, MPC Caribbean Clean Energy ended at 61 US cents after an exchange of 200 units, Proven Investments remained at 13 US cents with investors trading 70,726 stocks, Sterling Investments dipped 0.04 of a cent to close at 1.49 US cents, with 8,000 shares passing through the exchange. Sygnus Credit Investments gained 0.7 of one cent to finish at 6.75 US cents with traders dealing in 14,667 stock units and Transjamaican Highway fell 0.02 of a cent and ended at 2.09 US cents after 237,800 shares passed through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading climbs on JSE USD Market
Stocks were in greater demand on the Jamaica Stock Exchange US dollar market on Monday, with a 376 percent surge in the volume of stocks exchanged after a 1,465 percent jump in value over the market activity on Friday, resulting in trading in five securities, compared to four on Friday with prices of four rising and one declining.
The market closed with an exchange of 250,977 shares for US$20,236 compared to 52,744 units at US$1,293 on Friday.
Trading averaged 50,195 stock units at US$4,047 versus 13,186 shares at US$323 on Friday, with a month to date average of 16,933 shares at US$1,381 compared with 5,846 units at US$493 on the previous day and June that ended with an average of 53,325 units for US$3,682.
The US Denominated Equities Index increased 3.93 points to settle at 238.48.
The PE Ratio, a most used measure for computing appropriate stock values, averages 7.7. The PE ratio is computed based on last traded prices divided by projected earnings done by ICInsider.com for companies with financial year ending and or around August 2025.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and two with lower offers.
At the close, Proven Investments increased 0.29 of a cent to end at 13 US cents after 700 stock units passed through the market,
Sygnus Credit Investments dipped 0.65 of one cent to 6.05 US cents with traders dealing in 2,056 shares and Transjamaican Highway popped 0.17 of a cent to finish at 2.11 US cents in switching ownership of 236,428 stocks.
In the preference segment, JMMB Group US8.5% preference share rallied 18.75 cents to US$1.25 with investors dealing in 11,758 units and Sygnus Credit Investments E8.5% rose 34 cents to close at US$10.40, with 35 stocks changing hands.
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 activity remained low on the Jamaica Stock Exchange US dollar market at the close on Friday, with a 706 percent jump in the volume of stocks exchanged after a 430 percent rise in value over Thursday, resulting in trading in four securities, compared to five on Thursday with prices of none rising,
two declining and two ending unchanged.
The market closed with an exchange of 52,744 shares for US$1,293 compared to 6,543 units at US$244 on Thursday.
Trading averaged 13,186 stock units at US$323 versus 1,309 shares at US$49 on Thursday, with a month to date average of 5,846 shares at US$493 compared with 3,177 units at US$554 on the previous day and June that ended with an average of 53,325 units for US$3,682.
The US Denominated Equities Index slipped 1.00 points to close at 234.55.
The PE Ratio, a most used measure for computing appropriate stock values, averages 7.7. The PE ratio is computed based on last traded prices divided by projected earnings done by ICInsider.com for companies with financial year ending and or around August 2025.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, MPC Caribbean Clean Energy dipped 2.99 cents to finish at 61 US cents after an exchange of 156 stock units, Sygnus Credit Investments ended at 6.7 US cents with investors trading 2,500 stock units and Transjamaican Highway slipped by 0.06 of a cent to close at 1.94 US cents after a transfer of 50,048 shares.
In the preference segment, JMMB Group US8.5% preference share ended at US$1.0625 as investors exchanged 40 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the close of trading, the JSE Combined Market Index slipped 98.55 points to close at 331,659.26, the All Jamaican Composite Index popped 58.72 points to end at 357,352.14, the JSE Main Index declined 315.16 points to 318,271.26. The Junior Market Index rallied 28.67 points to 3,808.51 and the JSE USD Market Index rose 0.15 points to 238.63.
In the preference segment, Sygnus Credit Investments C10.5% rose $2 to close at $110.
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 market closed with trading in 55 securities compared to 54 on Monday, with prices of 17 rising, 18 declining and 20 ending unchanged.
Investor’s Choice bid-offer indicator shows 11 stocks ended with bids higher than their last selling prices and four with lower offers.
Massy Holdings skidded $2 and ended at $86 in swapping 415 stock units, Proven Investments shed 50 cents to close at $19.50 with investors trading 12,383 units, Scotia Group slipped $1.65 to finish at $43.85 after 4,188 stocks changed hands. Seprod lost $5.32 to $81.67 with investors dealing in 880 units, Supreme Ventures dropped 49 cents to end at $22.52 after 32,200 stocks crossed the exchange and Sygnus Real Estate Finance climbed $1.15 in closing at $10.65 with investors trading 26 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the close of trading on Monday, the JSE Combined Market Index rose 754.50 points to 331,757.81, the All Jamaican Composite Index dipped 103.99 points to close at 357,293.42, the JSE Main Index fell 670.12 points to end trading at 318,586.42. The Junior Market Index fell 15.95 points to 3,779.84 and the JSE USD Market Index rallied 3.93 points to end the day at 238.48.
The market’s PE ratio, the most popular measure used to value stocks, ended at 20.4 on 2023-24 earnings and 13.9 times those for 2024-25 at the close of trading. ICInsider.com PE ratio chart and more detailed daily charts provide investors with regularly updated information to help decision-making.
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 market closed with 4,667,318 shares being traded for $32,767,188 compared with 2,858,995 units at $16,546,674 on Friday.
The Main Market ended trading with an average PE Ratio of 14. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
Jamaica Producers declined $1.04 to $23.95 with traders dealing in 1,299 units, Mayberry Group rallied 51 cents to end at $8.50 as investors traded 1,810 stock units, NCB Financial gained $2.88 in closing at $57.88 after 14,398 shares changed hands. Pan Jamaica popped $2.50 and ended at $49.50 with investors dealing in 983 units, Seprod climbed $3 to close at $86.99 after 6,000 stocks were exchanged, Sterling Investments ended at a 52 weeks’ low of $1.91 while 6,479 shares were traded, Supreme Ventures fell 99 cents to finish at $23.01 after 37,591 stock units crossed the market and Wisynco Group dropped 74 cents and ended at $20.50 in trading 21,980 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
52 weeks’ low of $1.41.
The Main Market ended trading with an average PE Ratio of 14.8. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecast provided by ICInsider.com for companies with the financial year ending around August 2025.
JMMB Group skidded $1.07 and ended at $23.41 as investors exchanged 742 shares, Pan Jamaica fell $2.94 to $47 after 800 stock units changed hands, Sagicor Group lost 50 cents in closing at $40 in an exchange of 15,013 shares. Scotia Group popped 50 cents to close at $45.50 and closed with an exchange of 8,599 units, Stanley Motta advanced 44 cents to end at $5.96 in trading 1,310 stocks, Sygnus Credit Investments gained 97 cents to finish at $12.02 with 902 stock units crossing the market and Sygnus Real Estate Finance dropped $1.15 and ended at $9.50 with investors swapping 720 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the close of trading on Friday, the JSE Combined Market Index dropped 1,331.89 points to 332,512.31, the All Jamaican Composite Index sank by 2,298.32 points to 357,397.41, the JSE Main Index dropped 1,249.94 points to close at 319,256.54. The Junior Market Index shed 19.10 points to finish at 3,795.79 and the JSE USD Market Index lost 0.93 points to wrap-up trading at 234.55.
In the preference segment, 138 Student Living preference share rose $3 to $200.
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.