Trading bumped up over Monday

Trading surged on the Jamaica Stock Exchange on Tuesday, as the Junior Market index rose but the Main and the USD markets declined after trading level more than doubled that on Monday as Eppley traded 8.4 million shares at a value of $358 million and JMMB Group 7.25C preference share traded 5 million units for $96.5 million
At the close, the JSE Combined Market Index dipped 113.78 points to end at 343,326.17, the All Jamaican Composite Index fell 659.59 points to 366,145.89, the JSE Main Index slipped 272.83 points to 328,865.48 fell 659.59 points to 366,145.89, the JSE Main Index declined 272.83 points to 328,865.48. The Junior Market Index rose 15.38 points to close at 3,984.34. The JSE USD Market Index fell 6.53 points to close at 242.48.
Preference shares with notable price movements but not in the Main Market TOP10 graphs are Eppley 7.50% preference share that dipped $1.08 to $6.09, Jamaica Public Service 7% dropping $8.62 to close at $48.88. Jamaica Public Service 9.5% fell $22 to end at $2978, 138 Student Living preference share rose $17 to end at $105 and Productive Business Solutions 9.75% preference share rallied $12.90 to $103.
At the close, investors exchanged 83,893,459 shares in all three markets, up sharply from 24,673,817 stocks on Monday. The value of stocks trading in the Junior and Main markets was $654.8 million, a big climb from $192.4 million on Monday. Trading on the JSE USD market ended with an exchange of 447,072 shares for US$12,058 from 1,296,152 units at US$10,636 on Monday.
The market’s PE ratio,  the most popular measure used to determine the value of stocks ended at 18.8 on 2022-23 earnings and 12.6 times those for 2023-24 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making. The  PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange and shows companies 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 successfully navigate numerous investment options in the local stock market and 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 base 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 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.