At the close of trading the JSE Combined Market Index dropped 313.92 points to end at 325,916.23, the All Jamaican Composite Index slipped 822.3 points to wrap up trading at 358114.95, the JSE Main Index fell 145.24 points to cease trading at 313,041.43, the Junior Market Index slipped 24.37 points to finish at 3,704.02, and the JSE USD Market Index popped 2.98 points to close at 224.27.
At the close of trading, 64,714,237 shares were exchanged in all three markets, up from 11,145,537 units on Wednesday. The value of stocks traded on the Junior and Main markets jumped to $267.31 million, well above the $39.69 million on the previous trading day and the JSE USD market closed with 51,055,916 shares traded for US$1,092,742 up from 231,331 units at US$18,240 on Wednesday.
In Main Market trading activity, GraceKennedy led trading with 2.52 million stocks followed by QWI Investments with 2.20 million shares and Wigton Windfarm with 1.03 million units.
In Junior Market trading, One Great Studio led trading with 675,590 shares followed by Dolla Financial with 551,601 stocks and EduFocal with 424,289 units.
In the preference segment, Jamaica Public Service 7% rallied $4.90 to end at $44 and 138 Student Living preference share increased $16.98 in closing at $186.76.
The market’s PE ratio, the most popular measure used to value stocks, ended at 12.9 on 2024-25 earnings and 21.1 based on 2023-24 earnings. 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 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.
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 income or expenses that do not recur regularly.
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 incorporated into the chart. Investors can use this measure in assessing stock values. 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 paid or are due to be paid 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.