The Main Market continued to rise in trading on Friday at the close of the Jamaica Stock Exchange while the Junior Market and JSE USD market inched a few points higher as trading ended with the number and the value of stocks hanging hands falling compared with the previous trading day, resulting in prices of 41 shares rising and 29 declining.
At the close of trading on Friday, the JSE Combined Market Index climbed solidly by 1,293.91 points to 373,276.24, the All Jamaican Composite Index rallied by 1,293.92 points to 373,276.24, the JSE Main Index popped 807.06 points to end at 335,848.38. The Junior Market Index gained 4.31 points to 3,812.89 and the JSE USD Market Index popped 0.21 points to end the day at 254.01.
At the close of the market, 13,676,383 shares were exchanged in all three markets, down from 45,443,191 units on Thursday, with the value of stocks traded on the Junior and Main markets amounting to $74.93 million, compared with $169.49, million yesterday and the JSE USD market closed with an exchange of 178,798 shares for US$56,398 compared to 827,138 units at US$94,452 on Thursday.
Trading in the Main Market was dominated by Wigton Windfarm led trading with 3.91 million shares followed by Transjamaican Highway with 1.12 million units, JMMB Group ended with 1.12 million units and Sagicor Select Financial Fund with 1.10 million stocks.
In the Junior Market, Spur Tree Spices led trading with 904,399 shares followed by Image Plus with 904,064 units and Mailpac Group with 458,730 stock units.
At the close of trading on the Main Market, Caribbean Cement increased $1.02 to end at $57, Guardian Holdings rose $19.99 to $370, Jamaica Producers gained 84 cents and ended at $23.94, Margaritaville rallied $1.14 to close at $17.48, Pan Jamaica advanced $1.01 in closing at $51.51 and Scotia Group rallied $1 to close at $46
At the close of the Main Market, Eppley shed $1 and ended at $34.99 and Massy Holdings skidded $5.50 to end at $91.50.
At the end of Junior Market trading, AMG Packaging popped 28 cents to $3, Honey Bun advanced 39 cents to close at $6.69 and tTech rose 49 cents to close at $2.49, as Consolidated Bakeries fell 23 cents and ended at $1.98, Fontana skidded 23 cents in closing at $10.25 and Paramount Trading sank 21 cents to $1.27.
In the preference segment, 138 Student Living preference share fell $32.55 and ended at $184.45 and Productive Business Solutions 9.75% preference share dropped $17.94 to $101.66.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 214. on 2022-23 earnings and 14.6 times those for 2023-24 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons between the same sector companies and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Investors need pertinent information to navigate numerous investment options successfully in the stock market. The ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
Investors should use the chart to help make rational decisions when investing in stocks close to the average for the sector and not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock.
The net asset value of each company is reported as a guide 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 pertaining to the highest bid and the lowest offer for each company.
Gains for JSE Main market
Stocks recorded gains in trading on the Jamaica Stock Exchange Main Market ended on Thursday, with the volume of stocks traded rising 200 percent, with a 190 percent increase in value over trading on Tuesday, with 57 securities changing hands compared to 55 on Tuesday, with prices of 26 stocks rising, 21 declining and 10 ending unchanged.
Investors traded 38,589,987 shares at $156,062,036 up from 12,851,415 units at $53,884,935 on Tuesday.
Trading averaged 677,017 shares at $2,737,930 compared to 233,662 units at $979,726 on Tuesday and month to date, an average of 299,628 units at $1,311,727 compared with 256,947 units at $1,150,430 on the previous day and January with an average of 265,804 units at $2,438,118.
Transjamaican Highway led trading with 26.75 million shares for 69.3 percent of total volume followed by Wigton Windfarm with 3.84 million units for 10 percent of the day’s trade and JMMB 9.5% preference share with 3.64 million units for 9.4 percent of the day’s market share.
The All Jamaican Composite Index increased 1,143.26 points to settle at 371,982.32, the JSE Main Index climbed 634.96 points to settle at 335,041.32 and the JSE Financial Index increased 0.41 points to cease trading at 71.66.
The Main Market ended trading with an average PE Ratio of 13.6. 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 2024.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and five with lower offers.
At the close, Barita Investments climbed 92 cents to end at $71.10 and closed with 807 shares changing hands, Eppley Caribbean Property Fund popped $2.50 in closing at $40 after exchanging 750 units, First Rock Real Estate advanced 48 cents to $8.98 with investors trading 469 shares. GraceKennedy sank 40 cents to close at $75.60 after an exchange of 57,232 stock units, Guardian Holdings declined $17.99 and ended at $350.01 with investors transferring 43 shares, Jamaica Producers lost $1.10 to $23.10, with 1,421 stock units crossing the market. JMMB Group rose $2.95 to close at $27 with a transfer of 720,211 stock units, Kingston Wharves gained 40 cents to end at $28.50, with 2,699 units changing hands, Margaritaville rallied $1.48 in closing at $16.34 after 30 stocks passed through the market. Massy Holdings skidded $2.50 and ended at $97 in trading 1,315 units, Mayberry Jamaican Equities fell 53 cents to $9, with 230 shares crossing the exchange, MPC Caribbean Clean Energy increased $14.50 and ended at $91 with traders dealing in just one stock unit. NCB Financial climbed $1 to end at $69.75 as investors exchanged 62,492 shares, 
Pan Jamaica dropped 70 cents in closing at $50.50 after a transfer of 1,265 stock units, Proven Investments popped $2.02 to close at $24.97 with 100,444 stocks clearing the market. Sagicor Group shed 50 cents to end at $43.50 with an exchange of 7,767 units, Sagicor Real Estate Fund dipped 32 cents in closing at $7.62 after 1,375 stocks crossed the market, Salada Foods advanced 48 cents and ended at $3.60 in an exchange of 143,597 shares. Seprod rose 75 cents to close at $83.75 with investors swapping 3,912 stock units, Stanley Motta sank 70 cents to end at $6.30 in switching ownership of 1,113 units, Supreme Ventures shed 30 cents to $26.20 while exchanging 4,440 stocks. Sygnus Credit Investments rallied 65 cents and ended at $11.60 in trading 103,323 units and Sygnus Real Estate Finance increased 65 cents to end at $11.25 with investors dealing in 4,193 shares.
In the preference segment, Eppley 7.50% preference share declined 90 cents in closing at $6 in an exchange of 705 stock units. Jamaica Public Service 7% gained $5.25 to close at $48.25 with investors swapping 19 shares and 138 Student Living preference share popped $3 to $217 with an exchange of 5 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE get no held from profit reports
A plethora of company results hit the Jamaica Stock Exchange market ahead of trading on Thursday but did little to move stock prices in any major way as investors may not have had the time to digest most of the new numbers, with some being B enough to move prices in the weeks ahead and the market closed with gains in the Main Market indices, with moderate slippage in the Junior and JSE USD markets, with the volume and value of stocks changing hands surging over the previous trading day, resulting in prices of 35 shares rising and 36 declining.
At the close of trading on Thursday, the JSE Combined Market Index climbed 549.45 points to close at 347,570.91, the All Jamaican Composite Index rallied 1,143.26 points to 371,982.32, the JSE Main Index climbed 634.96 points to end trading at 335,041.32. The Junior Market Index shed 5.26 points to end at 3,808.58 and the JSE USD Market Index skidded 1.80 points to cease trading at 253.80.
At the close of trading, 45,443,191 shares were exchanged in all three markets, up from 16,492,495 units on Tuesday, with the value of stocks traded on the Junior and Main markets amounted to $169.49 million, up from $62.80 million yesterday and the JSE USD market closed with an exchange of 827,138 shares for US$94,452 compared with 180,495 units at US$53,094 on Tuesday.
Trading in the Main Market was dominated by Transjamaican Highway led trading with 26.75 million shares followed by Wigton Windfarm with 3.84 million units and JMMB 9.5% preference share with 3.64 million stock units.
In the Junior Market, Mailpac Group led trading with 2.05 million shares followed by Image Plus with 783,408 units and One Great Studio with 731,290 units.
At the close of trading on the Main Market, Barita Investments climbed 92 cents to end at $71.10, Eppley Caribbean Property Fund popped $2.50 in closing at $40, JMMB Group rose $2.95 to close at $27, Margaritaville rallied $1.48 in closing at $16.34, MPC Caribbean Clean Energy increased $14.50 and ended at $91, NCB Financial climbed $1 to end at $69.75, Proven Investments popped $2.02 to close at $24.97.
The major declining Main Market stocks include Guardian Holdings declined $17.99 and ended at $350.01, Massy Holdings skidded $2.50 and ended at $97
At the end of Junior Market trading, Access Financial popped $1.27 to close at $22.68, CAC 2000 climbed 38 cents to $4.21 Dolphin Cove rallied 97 cents to $18.97, and Medical Disposables increased 18 cents and ended at $2.70. with the major losing stocks being Honey Bun that sank 39 cents to end at $6.30, Jamaican Teas shedding 18 cents to close at $2.40, Limners and Bards losing 18 cents in closing at $1.4 and Mailpac Group popping 19 cents to $2.38.
In the preference segment, Eppley 7.50% preference share declined 90 cents in closing at $6, Jamaica Public Service 7% gained $5.25 to close at $48.25 and 138 Student Living preference share popped $3 to $217.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21.5 on 2022-23 earnings and 14.4 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 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 pertaining to the highest bid and the lowest offer for each company.
Trading dips on JSE Main market
Trading on the Jamaica Stock Exchange Main Market ended on Tuesday, with the volume of stocks traded declining 64 percent and the value 61 percent lower than on Monday, with trading in 55 securities compared with 58 on Monday, with prices of 24 stocks rising, 19 declining and 12 ending unchanged.
The market closed with 12,851,415 shares trading for $53,884,935, down from 35,567,325 units at $139,024,409 on Monday.
Trading averaged 233,662 shares at $979,726 compared to 613,230 units at $2,396,973 on Monday and month to date, an average of 256,947 units at $1,150,430, compared with 259,799 units at $1,171,340 on the previous day and January with an average of 265,804 units at $2,438,118.
Wigton Windfarm led trading with 4 million shares for 31.1 percent of total volume followed by JMMB 9.5% preference share with 3.94 million units for 30.7 percent of the day’s trade and Transjamaican Highway with 1.83 million units for 14.3 percent of the volume of stocks traded.
The All Jamaican Composite Index popped 93.57 points to close trading at 370,839.06, the JSE Main Index fell 377.08 points to finish at 334,406.36 and the JSE Financial Index sank 0.55 points to close at 71.25.
The Main Market ended trading with an average PE Ratio of 13.5. 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 2024.
Investor’s Choice bid-offer indicator shows 13 stocks ended with bids higher than their last selling prices and six with lower offers.
At the close, Barita Investments dipped $1.02 to end at $70.18 in trading 25,060 stock units, Caribbean Cement climbed $1.99 to $55.99, with 5,141 shares changing hands, Eppley popped $1.99 to $35.99 as investors exchanged 5,247 stocks. Eppley Caribbean Property Fund fell by $2.50 to close at $37.50, with 7,102 units crossing the market, GraceKennedy advanced 44 cents and ended at $76 with a transfer of 2,422 stocks, Guardian Holdings rose $8 to $368 with 19 units clearing the market. Jamaica Broilers declined 50 cents to close at $34 after closing with an exchange of 28,112 shares, Jamaica Producers rallied 65 cents to end at $24.20 with investors trading 84 stock units, JMMB Group shed $1.39 in closing at $24.05 while exchanging 242,450 shares. 
Kingston Wharves dropped $2.40 and ended at $28.10 in switching ownership of 80,542 units, Massy Holdings lost 50 cents to close at $99.50 after exchanging 26 stocks, Pan Jamaica increased $1.08 to end at $51.20 with investors trading 189 stock units. Sagicor Group gained 50 cents in closing at $44 in an exchange of 7,763 shares, Salada Foods sank 33 cents and ended at $3.12 with investors swapping 11,295 units, Scotia Group rose 50 cents to close at $45 with an exchange of 47,920 stocks. Seprod rallied $1 to $83, with 2,377 stock units crossing the market, Supreme Ventures increased $1.97 and ended at $26.50 with investors transferring 68,313 shares, Victoria Mutual Investments climbed 32 cents in closing at $3 in an exchange of 49,930 units and Wisynco Group skidded 30 cents to close at $21.70 with investors dealing in 307,864 stocks.
In the preference segment, Jamaica Public Service 7% sank $5.80 to end at $43 after a transfer of 561 stock units and Productive Business Solutions 10.5 % preference share declined $16 to $1284 with traders dealing in 3 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The JSE Main & Junior markets fall
The Main and the Junior Market of the Jamaica Stock Exchange lost ground in trading on Tuesday as the JSE USD market inched moderately higher as trading ended with the volume and the value of stocks changing hands falling, compared with the previous day and resulted in the prices of 30 stocks rising and 42 declining.
At the close of trading, the Combined Market Index shed 524.55 points to close at 347,021.46, the All Jamaican Composite Index advanced by 93.57 points to 370,839.06, the JSE Main Index sank 377.08 points to close at 334,406.36. The Junior Market Index fell 19.52 to 3,813.32. The JSE Main & Junior markets rose 0.21 points to 255.60.
At the close of trading, 16,492,495 shares were exchanged in all three markets, down from 47,975,821 units on Friday, with the value of stocks traded on the Junior and Main markets amounted to $62.80 million, from $164.28 million yesterday and the JSE USD market closed with an exchange of 180,495 shares for US$53,094 compared to 452,800 units at US$59,221 on Monday.
Trading in the Main Market was dominated by Wigton Windfarm with a leading trade of 4 million shares followed by JMMB 9.5% preference share with 3.94 million units and Transjamaican Highway with 1.83 million stocks.
In the Junior Market, Tropical Battery led trading with 847,958 shares followed by One Great Studio with 346,363 units and Indies Pharma with 292,036 shares.
At the close of trading on the Main Market, Barita Investments dipped $1.02 to $70.18, Caribbean Cement climbed $1.99 in closing at $55.99, Eppley popped $1.99 to $35.99, Guardian Holdings rose $8 to $368, Pan Jamaica increased $1.08 to end at $51.20, Seprod rallied $1 to $83 and Supreme Ventures increased $1.97 and ended at $26.50.
The major declining Main Market stocks are Eppley Caribbean Property Fund that fell $2.50 to close at $37.50, JMMB Group shedding $1.39 in closing at $24.05 and Kingston Wharves dropping $2.40 and ending at $28.10.
At the end of Junior Market trading, Fontana climbed 28 cents to close at $10.60, with the major losing stocks being Access Financial down $1.24 to close at $21.41, AMG Packaging shedding 24 cents to $2.71, CAC 2000 declining 68 cents to end at $3.83, Dolphin Cove skidding 32 cents to $18 as ISP Finance dropped $6.33 to $25.02.
In the preference segment, Jamaica Public Service 7% sank $5.80 to end at $43 and Productive Business Solutions 10.5 % preference share declined $16 to $1,284.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21.3 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 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 pertaining to the highest bid and the lowest offer for each company.
JSE Main market declines
Trading on the Jamaica Stock Exchange Main Market ended on Monday, with the volume of stocks traded jumping 135 percent and the value 64 percent more than on Friday, with trading in 58 securities compared with 53 on Friday, with prices of 23 stocks rising, 19 declining and 16 ending unchanged.
The market closed with 35,567,325 shares trading for $139,024,409 up from 15,118,549 units at $85,008,912 on Friday.
Trading averaged 613,230 shares at $2,396,973 compared with 285,256 units at $1,603,942 on Friday and month to date, an average of 259,799 units at $1,171,340, in comparison with 207,372 units at $989,533 on the previous day and January closing with an average of 265,804 units at $2,438,118.
QWI Investments led trading with 13.42 million shares for 37.7 percent of total volume, following one major seller and two main buyers, followed by Wigton Windfarm with 8.98 million units for 25.3 percent of the day’s trade, Transjamaican Highway ended with 5.22 million stock units for 14.7 percent market share, Mayberry Group finished trading with 1.31 million units for 3.7 percent of the overall volume, Carreras chipped in with 1.26 million stocks for 3.5 percent stocks traded and Sagicor Select Financial Fund with 1.04 million units for 2.9 percent of total volume.
The All Jamaican Composite Index dropped 775.69 points to end at 370,745.49, the JSE Main Index shed 467.96 points to close trading at 334,783.44 and the JSE Financial Index shed 0.22 points to end at 71.80.
The Main Market ended trading with an average PE Ratio of 13.7. 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 2024.
Investor’s Choice bid-offer indicator shows nine stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Barita Investments gained 93 cents to end at $71.20 in trading 144,505 units, Berger Paints climbed 46 cents and ended at $6.23 with 100 stocks clearing the market, Caribbean Cement rose 49 cents in closing at $54 with investors dealing in 5,877 shares. Eppley declined $4.50 to end at $34 with a transfer of 447 stock units, Guardian Holdings shed $8 to close at $360 with investors swapping 539 shares, Jamaica Broilers advanced 50 cents to $34.50 in an exchange of 24,238 stocks. Jamaica Producers dropped $1.45 in closing at $23.55, with 274,748 units crossing the market,
JMMB Group fell 94 cents to $25.44 as investors traded 535,797 stock units, Kingston Wharves popped $2.50 to end at $30.50 after 38,792 shares were traded. Massy Holdings gained $1 and ended at $100 with investors transferring 594 units, NCB Financial rallied 60 cents to $68.50 after exchanging 43,508 stocks, Sagicor Group skidded 49 cents and ended at $43.50, with 54,195 stock units crossing the market. Salada Foods rose 35 cents to close at $3.45 with traders dealing in 285 shares, Scotia Group lost $1 to end at $44.50 and closed after an exchange of 208,902 units, Supreme Ventures dipped $1.17 to close at $24.53 with investors trading 326,625 stocks, Sygnus Credit Investments climbed 42 cents to $10.94 in an exchange of 855 stock units and Victoria Mutual Investments sank 52 cents to end at $2.68 changing hands 196,536 shares.
In the preference segment, Eppley 7.25% preference share increased 90 cents in closing at $18.90 after an exchange of 500 stocks. 
Jamaica Public Service 7% popped $1.80 and ended at $48.80 as 225 units passed through the market and Productive Business Solutions 10.5 % preference share advanced $210 to close at $1,300 with 10 stock units crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Values slip on the Jamaica Stock Exchange
Trading closed on the Jamaica Stock Exchange on Monday, with slippage in values in all markets and ended with QWI Investments leading trading with nearly 38 percent of the volume traded that exceeded trading on Friday in the overall market with the jumping sharply over trading on Friday, resulting in prices of 31 shares rising and 32 declining.
At the close of trading on Monday, the JSE Combined Market Index dipped 563.01 points to close at 347,546.01, the All Jamaican Composite Index dropped 775.69 points to cease trading at 370,745.49, the JSE Main Index shed 467.96 points to culminate at 334,783.44. The Junior Market Index fell 14.17 points to conclude trading at 3,833.36 and the JSE USD Market Index skidded 0.80 points to 255.39.
At the close of trading, 47,975,821 shares were exchanged in all three markets, up from 31,165,012 units on Friday, with the value of stocks traded on the Junior and Main markets amounted to $164.28 million, up from $120.9 million yesterday and the JSE USD market closed with an exchange of 452,800 shares for US$59,221 compared to 72,092 units at US$2,833 on Friday.
Trading in the Main Market was dominated by QWI Investments led trading with 13.42 million shares followed by Wigton Windfarm with 8.98 million units for 25.3 percent of the day’s trade, Transjamaican Highway with 5.22 million units, Mayberry Group with 1.31 million stock units, Carreras with 1.26 million shares and Sagicor Select Financial Fund with 1.04 million units.
In the Junior Market, Derrimon Trading led trading with 5.46 million shares, Mailpac Group with 1.44 million units and One Great Studio with 1.10 million stocks.
At the close of trading on the Main Market, Barita Investments increased by 93 cents to $71.20, Kingston Wharves popped $2.50 to end at $30.50, Massy Holdings gained $1 and ended at $100
In the Main Market, Eppley declined $4.50 to end at $34, Guardian Holdings shed $8 to close at $360, Jamaica Producers dropped $1.45 in closing at $23.55, JMMB Group fell 94 cents to close at $25.44, Scotia Group lost $1 to end at $44.50, Supreme Ventures dipped $1.17 in closing at $24.53.
At the end of Junior Market trading, Knutsford Express increased $1 and ended at $12.38 and Tropical Battery climbed 30 cents to end at $2.70 but Dolphin Cove was down 66 cents to $18.32.
In the preference segment, Eppley 7.25% preference share increased 90 cents in closing at $18.90, Jamaica Public Service 7% popped $1.80 and ended at $48.80 and Productive Business Solutions 10.5% preference share advanced $210 to close at $1,300.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21.5 on 2022-23 earnings and 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 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 pertaining to the highest bid and the lowest offer for each company.
The JSE Main Market continues to rally
Trading on the Jamaica Stock Exchange Main Market ended on Friday, with a 42 percent rise in the volume of stocks traded with a value 158 percent more than on Thursday, with trading in 53 securities compared with 50 on Thursday, with prices of 23 stocks rising, 19 declining and 11 ending unchanged.
The market closed with the trading of 15,118,549 shares at $85,008,912 up from 10,666,602 units at $32,927,053 on Thursday.
Trading averaged 285,256 shares for $1,603,942 compared to 213,332 units at $658,541 on Thursday and month to date, an average of 207,372 units at $989,533 compared with 195,160 units at $893,191 on the previous day and January with an average of 265,804 units at $2,438,118.
JMMB 9.5% preference share led trading with 5.81 million shares for 38.4 percent of total volume followed by Wigton Windfarm with 4.47 million units for 29.6 percent of the day’s trade and Transjamaican Highway with 1.05 million units for 6.9 percent of stocks trading.
The All Jamaican Composite Index rose 2,908.19 points to finish at 371,521.18, the JSE Main Index popped 2,195.36 points to finish at 335,251.40, with a gain of 2.9 percent for 2024 to date and the JSE Financial Index climbed 0.89 points to finish at 72.02.
The Main Market ended trading with an average PE Ratio of 13.7. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with their financial year ending around August 2024.
Investor’s Choice bid-offer indicator shows eight stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, AS Bryden rallied 50 cents to in closing at $42 after 1,410 stocks were traded, Guardian Holdings lost $2 to end trading with 235 units at $368, Jamaica Broilers dipped 50 cents to $34 with investors trading 2,496 shares. Jamaica Producers popped $1.68 in closing at $25 with an exchange of 5,683 stock units, JMMB Group climbed 39 cents to end at $26.38 with 57,594 shares changing hands, Mayberry Jamaican Equities increased 59 cents to $9.53 with investors transferring 52,767 stock units. NCB Financial rose $2.85 in closing at $67.90 after exchanging 424,334 units,
Scotia Group rallied 50 cents to close at $45.50 with investors trading in 53,020 stocks, Seprod shed $3.50 to end at $82 in an exchange of 213,669 shares. Stanley Motta advanced 50 cents to end at $7, with 11,946 stock units crossing the market, Supreme Ventures rose 50 cents to $25.70 in an exchange of 5,297 units and Sygnus Credit Investments declined $1.21 in closing at $10.52 after 286,438 stock units crossed the market.
In the preference segment, Eppley 7.25% preference share rallied $1 to close at $18 after a transfer of 6,400 shares, Jamaica Public Service 7% fell $2.30 and ended at $47 with 193 stock units crossing the exchange and Productive Business Solutions 10.5% preference share popped $15 to end at $1,090 with a transfer of 300 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Main Market gains, Juniors inch higher
The Main Market of the Jamaica Stock Exchange gained in trading on Friday as the Junior Market inched higher but the JSE USD market slipped moderately as trading ended with the volume and value of stocks changing hands rising over the previous trading day, resulting in prices of 32 shares rising and 31 declining.
At the close of trading Friday, the JSE Combined Market Index climbed 2,190.46 points to end at 348,109.02, the All Jamaican Composite Index jumped 2,908.19 points to close trading at 371,521.18 and the JSE Main Index popped 2,195.36 points to settle at 335,251.40. The Junior Market Index rose 15.02 points to close trading at 3,847.53. and the JSE USD Market Index skidded 0.83 points to 256.19.
At the close of trading, 31,165,012 shares were exchanged in all three markets, up from 16,660,602 units on Thursday, with the value of stocks traded on the Junior and Main markets amounted to $120.9 million, up from $44.73 million on the previous day and the JSE USD market closed with an exchange of
Trading in the Main Market was dominated by JMMB 9.5% preference share led trading with 5.81 million shares followed by Wigton Windfarm with 4.47 million units and Transjamaican Highway with 1.05 million stocks.
In the Junior Market, 15,974,371 shares for $35,900,988 compared with 5,836,386 units at $11,800,314 on Thursday.
At the close of trading on the Main Market, Jamaica Producers popped $1.68 in closing at $25, NCB Financial rose $2.85 in closing at $67.90, following the release of first quarter results.
The major declining Main Market stocks include Guardian Holdings down $2 to close at $368, Seprod shedding $3.50 to end at $82 and Sygnus Credit Investments declining $1.21 in closing at $10.52.
At the end of Junior Market trading, AMG Packaging increased 30 cents to end at $2.90, Caribbean Assurance Brokers climbed 33 cents in closing at $2.42, Caribbean Cream popped 40 cents to $3.90 and Limners and Bards rallied 39 cents to close at $1.69 with the major losing stock being Knutsford Express dropping $1.01 to end at $11.38.
In the preference segment, Eppley 7.25% preference share rallied $1 to close at $18, Jamaica Public Service 7% fell $2.30 and ended at $47 and Productive Business Solutions 10.5 % preference share popped $15 to end at $1,090.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21.4 on 2022-23 earnings and 14.3 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 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 pertaining to the highest bid and the lowest offer for each company.
Trading drops on JSE Main Market
Trading on the Jamaica Stock Exchange Main Market ended on Thursday, with the volume of stocks traded rising 77 percent, but the value plunged 19 percent lower than on Wednesday, with trading in 50 securities down from 58 on Wednesday, with prices of 22 stocks rising, 13 declining and 15 ending unchanged.
The market closed on Thursday with an exchange of 10,666,602 shares trading for $32,927,053 versus 6,035,529 units at $40,658,701 on Wednesday.
Trading averaged 213,332 shares at $658,541 compared with 104,061 units at $701,012 on Wednesday and month to date, an average of 195,160 units at $893,191 compared with 192,005 units at $933,929 on the previous day and January that closed with an average of 265,804 units at $2,438,118.
JMMB 9.5% preference share was the leading trade with 6.95 million units for 65.2 percent of total volume followed by Wigton Windfarm with 1.25 million stock units for 11.7 percent of the day’s trade and Transjamaican Highway with 922,977 units for 8.7 percent market share.
The All Jamaican Composite Index declined 1,943.63 points to culminate at 368,612.99, the JSE Main Index shed 1,377.96 points to end at 333,056.04 and the JSE Financial Index declined 0.46 points to close at 71.13.
The Main Market ended trading with an average PE Ratio of 13.6. 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 2024.
Investor’s Choice bid-offer indicator shows eight stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Caribbean Cement rallied 60 cents to end at $53.80 in switching ownership of 4,459 shares, Caribbean Producers rose 47 cents in closing at $9.28 with traders dealing in 33,588 stocks, First Rock Real Estate sank 48 cents to $8.50, with 3,000 shares crossing the market. GraceKennedy dropped 50 cents to close at $75.50 in trading 28,466 stock units, Guardian Holdings gained $10 and ended at $370 with 11 shares clearing the market, Jamaica Broilers popped 50 cents to $34.50 with investors dealing in 16,211 units. Jamaica Producers fell $2.68 and ended at $23.32 in an exchange of 6,281 stocks, JMMB Group increased 99 cents to end at $25.99 with investors trading 44,105 stock units, Kingston Properties declined 51 cents in closing at $7.02 with 18,013 shares crossing the market. 
Massy Holdings climbed 99 cents to close at $98.99 after investors ended trading 283 stock units, NCB Financial shed $1.95 to close at $65.05 with investors trading 81,190 shares, Proven Investments advanced 50 cents to $23 after an exchange of 930 stock units. Seprod lost 50 cents and ended at $85.50 with investors swapping 34,417 shares, Stanley Motta rose 40 cents to end at $6.50 with a transfer of 2,371 stock units, Supreme Ventures dipped 49 cents to close at $25.20 after an exchange of 526 stocks and Sygnus Credit Investments climbed 93 cents to $11.73, with 6,591 units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated