Winning stocks beat losers on the Jamaica Stock Exchange

Trading remained subdued on the Jamaica Stock Exchange on Tuesday, with the value of stocks traded falling to just $53 million in addition the value in the JSE USD market resulting in the JSE Main Index and that of the Junior Market closing moderately higher as trading ended with the number of stocks changing hands falling, with the value of stocks traded declining from the previous trading day, resulting in prices of 34 shares rising and 24 declining.
At the close of trading, the JSE Combined Market Index rose 894.57 points after closing at 324,469.39, the All Jamaican  Composite Index fell 1,294.91 points to end at 355,359.73, the JSE Main Index gained 908.08 points to close at 311,174.39. The Junior Market Index rose 3.67 points to conclude trading at 3,751.12 and the JSE USD Market Index shed 0.04 points to finish at 222.24.

At the close, 14,737,070 shares were exchanged in all three markets, down from 16,18,151 units on Monday with the value of stocks traded on the Junior and Main markets amounted to $52.92 million, well below the $85.44 million on the previous trading day and the JSE USD market closed with an exchange of 459,083 shares for US$13,033 compared to 121,661 units at US$8,414 on Monday.
In Main Market activity, Transjamaican Highway led trading with 2.97 million shares followed by Wigton Windfarm with 942,780 stock units and Lasco Manufacturing with 461,974 stock units.
In Junior Market trading, Express Catering led trading with 5.05 million shares followed by Omni Industries with 620,838 units and One Great Studio with 566,132 stock units.
In the preference shares segment, Eppley 7.50% preferred share rallied 99 cents to finish at $6.60.

The market’s PE ratio, the most popular measure used to value stocks, ended at 21.3 on 2023-24 earnings and 13 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 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.