Jamaican Stock Exchange Main Market plunges

Gains in the Junior Market on Tuesday could not overcome a sharp decline in the Main Market stocks, resulting in the Combined Market Index suffering a 4,225.82 points fall to end at 345,7744.99 after trading levels dropped from Monday levels.
The JSE Main Index dived 4,914.99 points to 332,377.66 while the All Jamaica Composite Index plunged 6,421.71 points to 376,303.33, the Junior Market jumped 40.33 points to 3,892.15 and the JSE US dollar market slipped 1.78 points to 222.13.
Trading ended, with 11,230,305 shares changing hands, for a mere $88.1 million, versus $136.97 million, with 18,030,693 shares traded in all markets on the previous day. The JSE USD market ended with the value of stocks traded amounting to US$58,208 from US$5,077 on Monday.
The market’s PE ratio ended at 22.7 based on 2021-22 earnings and 12.7 times those for 2022-23 at the close of trading.
Investors need pertinent information to successfully navigate many investment options in the local 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 investment decisions by 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 put in 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 ICInsider.com PE Ratio chart covers all ordinary shares on the Jamaica Stock Exchange. It shows companies grouped on an industry basis, allowing easy comparisons between the same sector companies and the overall market.
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 payable and yields for each company are shown in the Main and Junior Markets’ daily report charts that show the closing volume for the bids and offers.
The EPS & PE ratios are based on 2021 and 2022 actual or projected earnings, excluding major one off items. The PE Ratio is the most popular measure used to determine the value of stocks.

 

Volume jumps on the Jamaican Stock Exchange

Jamaican stocks enjoyed modest gains in trading on Monday as Guardian Holdings fell back to $500.  The Main Market index slipped as is the case with the Junior Market and the USD Market as the volume of stocks traded on Monday exceeded those on Friday but with a slightly lower value.
At the close, the Combined Market Index fell 884.22 points to 350.000.81. The JSE Main Index slipped 767.79 points to 337,292.65 while the All Jamaica Composite Index climbed 1,072.13 points to close at 382,7251.04, the Junior Market Index dipped 18.43 points to 3,851.82 and the JSE US dollar market shed 0.15 points to end at 223.91.
Trading ended with 18,030,693 shares changing hands, for a mere $136.97 million, compared with $150.4 million, with 9,674,872 shares traded in all markets on the previous day. The JSE USD market ended with the value of stocks traded amounting to US$5,077 from US$20,385 on Friday.
The market’s PE ratio ended at 22.7 based on 2021-22 earnings and 12.7 times those for 2022-23 at the close of trading.
Investors need pertinent information to successfully navigate many investment options in the local 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 investment decisions by 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 put in 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 ICInsider.com PE Ratio chart covers all ordinary shares on the Jamaica Stock Exchange. It shows companies grouped on an industry basis, allowing easy comparisons between the same sector companies and the overall market.
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 payable and yields for each company are shown in the Main and Junior Markets’ daily report charts that show the closing volume for the bids and offers.
The EPS & PE ratios are based on 2021 and 2022 actual or projected earnings, excluding major one off items. The PE Ratio is the most popular measure used to determine the value of stocks.

Trading value triples on JSE on Friday

The volume of stocks trading on Friday declined sharply from that on Thursday, with the value almost tripling as the Jamaica Stock Exchange ended trading for the week with the Main Market rising and closing higher than for the previous week, while the Junior and JSE US dollar market declined to close the week, with the Junior Market ended at the same level as the previous week, but the USD market closed moderately lower.
At the close, the Combined Market Index put on 1,779.21 points to 350,885.04. The JSE Main Index popped 1,999.87 points to 338,060.45 while the All Jamaica Composite Index climbed 1,783.90 points to close at 381,652.90, the Junior Market dipped 9.82 points to 3,870.24 and the JSE US dollar market shed 5.38 points to end at 224.06.
Trading ended, with 9,674,872 shares changing hands, for a mere $150.4 million, versus $56.9 million, with 24,836,022 shares traded in all markets on the previous day. The JSE USD market ended with the value of stocks traded amounting to US$20,385 from US$18,048 Thursday.
The market’s PE ratio ended at 22.8 based on 2021-22 earnings and 12.4 times those for 2022-23 at the close of trading.
Investors need pertinent information to successfully navigate many investment options in the local 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 investment decisions by 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 put in 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 ICInsider.com PE Ratio chart covers all ordinary shares on the Jamaica Stock Exchange. It shows companies grouped on an industry basis, allowing easy comparisons between the same sector companies and the overall market.
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 payable and yields for each company are shown in the Main and Junior Markets’ daily report charts that show the closing volume for the bids and offers.
The EPS & PE ratios are based on 2021 and 2022 actual or projected earnings, excluding major one off items. The PE Ratio is the most popular measure used to determine the value of stocks.

 

Mixed trading for Jamaican stocks

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The Jamaica Stock Exchange ended trading on Thursday with mixed results after the Junior Market Index surged 82.24 points to close at 3,880.06, with pressure from liquidation of stocks to fund the regency IPO abated after the market pushed well below the 4,000 mark. The JSE US dollar market ended positively while the Main market rose but Jamaican stocks collectively declined.
At the close, the Combined Market Index put on 1,145.41 points to 349,105.82 as trading activities continue to remain at depressed levels. The JSE Main Index popped 428.14 points to 336,060.58, while the All Jamaica Composite Index fell 1,154.03 points to close at 379,869.00 and the JSE US dollar market gained 4.33 points to end at 229.44.
Trading ended, with 24,836,022 shares changing hands, for a mere $56.9 million, versus $81.10 million, with 20,191,532 shares traded in all markets on the previous day. The JSE USD market ended with the value of stocks traded amounting to US$20,385 from US$18,048 Wednesday.
The market’s PE ratio ended at 22.5 based on 2021-22 earnings and 12.3 times those for 2022-23 at the close of trading.
Investors need pertinent information to successfully navigate many investment options in the local 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 investment decisions by 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 put in 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 ICInsider.com PE Ratio chart covers all ordinary shares on the Jamaica Stock Exchange. It shows companies grouped on an industry basis, allowing easy comparisons between the same sector companies and the overall market.
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 payable and yields for each company are shown in the Main and Junior Markets’ daily report charts that show the closing volume for the bids and offers.
The EPS & PE ratios are based on 2021 and 2022 actual or projected earnings, excluding major one off items. The PE Ratio is the most popular measure used to determine the value of stocks.

Drop for JSE Main & Junior Market

The Main and Junior markets of the Jamaica Stock Exchange lost value on Wednesday but the JSE US dollar market closed moderately higher, leaving the Combined Market Index to drop 2,871.67 points to 347,960.41 as trading activities remain at depressed levels.
 At the end of trading, the JSE Main Index lost 2,865.97 points to end at 335,632.44, the Junior Market Index d1pped 21.45 points to 3,797.82 while the All Jamaica Composite Index added 909.90 points to close at 381,023.03 and the JSE US dollar market popped 0.35 points to end at 225.11.
Trading ended, with 20,191,532 shares changing hands, for $81.10 million, versus $95.97 million, with 13,858,038 shares traded in all markets on the previous day. The JSE USD market ended with the value of stocks traded amounting to US$18,048 from US$5,622 Tuesday.
The market’s PE ratio ended at 22 based on 2021-22 earnings and 12.1 times those for 2022-23 at the close of trading.
Investors need pertinent information to successfully navigate many investment options in the local 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 investment decisions by 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 put in 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 ICInsider.com PE Ratio chart covers all ordinary shares on the Jamaica Stock Exchange. It shows companies grouped on an industry basis, allowing easy comparisons between the same sector companies and the overall market.
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 payable and yields for each company are shown in the Main and Junior Markets’ daily report charts that show the closing volume for the bids and offers.
The EPS & PE ratios are based on 2021 and 2022 actual or projected earnings, excluding major one off items. The PE Ratio is the most popular measure used to determine the value of stocks.

JSE Main Market gains, Juniors fall

The main market of the Jamaica Stock Exchange eked out a meagre gain on Tuesday as the Junior Market and the JSE US dollar market closed modestly lower as the volume of stocks traded fell with a mildly higher value than on Monday.
At the end of trading the Combined Market Index rose 450.03 points to 350,832.08, the JSE Main Index popped 589.70 points at 338,498.41, the Junior Market Index dipped 11.12 points to 3,819.27 while the All Jamaica Composite Index added 792.81 points to close at 380,113.13 and the JSE US dollar market slipped 4.13 points to end at 224.76.
Trading ended, with 13,858,038 shares changing hands, for $95.97 million, versus $91.10 million, with 22,782,785 shares traded in all markets on the previous day. The JSE USD market ended with the value of stocks traded amounting to US$5,622 from US$60,270 on Monday.
The market’s PE ratio ended at 22.6 based on 2021-22 earnings and 12.4 times those for 2022-23 at the close of trading.
Investors need pertinent information to successfully navigate many investment options in the local 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 investment decisions by 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 put in 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 ICInsider.com PE Ratio chart covers all ordinary shares on the Jamaica Stock Exchange. It shows companies grouped on an industry basis, allowing easy comparisons between the same sector companies and the overall market.
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 payable and yields for each company are shown in the Main and Junior Markets’ daily report charts that show the closing volume for the bids and offers.
The EPS & PE ratios are based on 2021 and 2022 actual or projected earnings, excluding major one off items. The PE Ratio is the most popular measure used to determine the value of stocks.

PanJam & JPG push Jamaica Stock Exchange

Jamaica Producers and PanJam Investment shares climbed higher on Monday following the disclosure that the two groups reached an agreement to merge their operations, with a likely conclusion in 2023. The stock prices of both companies rose on the Jamaica Stock Exchange, with Jamaica Producers gaining 22.9 percent to $22.50 from a close on Friday of $18.31 and Pan Jam Investment jumping just over 18 percent to $58 from the last traded price of $49 on Friday.
The gains in the above two companies pushed the Main Market higher, at the same time that investors pushed the Junior Market down for another day, but the JSE US dollar market rose modestly at the close.
At the end of trading the Combined Market Index rose 1,988.03 points to 350,382.05, the JSE Main Index popped 2,531.53 points in ending at 337,908.71, the Junior Market Index dropped 41.57 points to 3,830.39 while the All Jamaica Composite Index shed 1,041.52 points to 379,320.32 and the JSE US dollar market rallied 1.62 points to end at 228.89.
Trading ended, with 22,782,785shares changing hands, for $91.10 million, versus $116.96 million, with 18,045,996 shares traded in all markets on the previous day. The JSE USD market ended with the value of stocks traded amounting to US$60,270 from US$22,001 on Friday.
The market’s PE ratio ended at 22.6 based on 2021-22 earnings and 12.4 times those for 2022-23 at the close of trading.
Investors need pertinent information to successfully navigate many investment options in the local 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 investment decisions by 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 put in 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 ICInsider.com PE Ratio chart covers all ordinary shares on the Jamaica Stock Exchange. It shows companies grouped on an industry basis, allowing easy comparisons between the same sector companies and the overall market.
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 payable and yields for each company are shown in the Main and Junior Markets’ daily report charts that show the closing volume for the bids and offers.
The EPS & PE ratios are based on 2021 and 2022 actual or projected earnings, excluding major one off items. The PE Ratio is the most popular measure used to determine the value of stocks.

Regency, Lasco Financial &138SL Stocks to Watch

Regency Petroleum is added to the Stocks to Watch following the release of its prospectus On Thursday with an issue price of $1, with the possibility of the price hitting over $2 initially. Palace Amusement is dropped for the time being with the company reporting improved results in the September quarter but still ending with a loss, but investors should be on the lookout for good things from the stock in the future as it continues to make headway to recovery.
Barita Investments and Consolidated Bakeries are removed from the list at this time with recent results suggesting that they are unlikely to move higher in the short term.
ICInsider.com watch list comprises Access Financial, Caribbean Assurance Brokers, Dolphin Cove, Caribbean Producers, Elite Diagnostic, Everything Fresh, General Accident, Guardian Holdings, Jamaica Broilers, Key Insurance, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Medical Disposables, NCB Financial, 138 Student Living, One on One, Paramount Trading, Regency Petroleum, Scotia Group, Stationery and Office Supplies and Wisynco.
Major factors to consider going forward. The rebound in tourist arrivals only came back to 2019 levels since June. Providing there are no reversals, then companies who are highly dependent on the sector will enjoy a big bounce for the next nine months compared to the lower business generated since last year to April this year. The same applies to the entertainment industry as the sector only opened up after March this year. Banks will make a fortune from increased interest rates.

Persons who compiled this report may have an interest in securities commented on.

IPO jitters continue to hit Jamaican stocks

Investors put pressure on the prices of Jamaica Stock Exchange stocks on Friday as they seek funds to enter the latest IPO to hit the market, leading to an across the board decline in all three of the exchanges operated by the Jamaica Stock Exchange. The extent of the pullback shows up in the Combined Market index that is down 3,742.91 points in closing at 348,394.02.  
At the close, the JSE Main Index dropped 3,408.56 points in closing at 335,377.18, the Junior Market Index dropped 61.65 points to 3,871.96 while the All Jamaica Composite Index shed 2,975.20 points to 380,361.84 and the JSE US dollar market surged 29.58 points to end at 227.27.  
Trading ended, with 18,045,996 shares changing hands, for $116.96 million, versus $261.96 million, with 46,225,825 shares traded in all markets on the previous day. The JSE USD market ended with the value of stocks traded amounting to US$22,001 from US$6,828 Thursday.
The market’s PE ratio ended at 22.3 based on 2021-22 earnings and 12.2 times those for 2022-23 at the close of trading.
Investors need pertinent information to successfully navigate many investment options in the local 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 investment decisions by 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 put in 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 ICInsider.com PE Ratio chart covers all ordinary shares on the Jamaica Stock Exchange. It shows companies grouped on an industry basis, allowing easy comparisons between the same sector companies and the overall market.
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 payable and yields for each company are shown in the Main and Junior Markets’ daily report charts that show the closing volume for the bids and offers.
The EPS & PE ratios are based on 2021 and 2022 actual or projected earnings, excluding major one off items. The PE Ratio is the most popular measure used to determine the value of stocks.

Sharp trading bounce on Jamaica Stock Exchange

Trading bounced sharply on the Jamaica Stock Exchange on Thursday, with the JSE USD Market climbing to a yearly high after recording a rise of 31.4 percent for the year to date, but the Main and Junior markets suffered sharp and helped to push the Combined Market indices down 4,923.38 points to 352,136.93 at the close.  
The JSE Main Index dropped 4,895.36 points to 338,875.74, the Junior Market Index dropped 38.65 points to 3,933.61, while the All Jamaica Composite Index dived 6,059.36 points to 383,337.04 and the JSE US dollar market surged 14.05 points to end at 256.85.
Trading ended, with 46,225,825 shares changing hands, for $261.96 million, versus $124.6 million, with 31,805,998 shares traded in all markets on the previous day. The JSE USD market ended with the value of stocks traded amounting to US$6,828 from US$1,384 on Wednesday.
The market’s PE ratio ended at 22.4 based on 2021-22 earnings and 12.2 times those for 2022-23 at the close of trading.
Investors need pertinent information to successfully navigate many investment options in the local 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 investment decisions by 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 put in 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 ICInsider.com PE Ratio chart covers all ordinary shares on the Jamaica Stock Exchange. It shows companies grouped on an industry basis, allowing easy comparisons between the same sector companies and the overall market.
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 payable and yields for each company are shown in the Main and Junior Markets’ daily report charts that show the closing volume for the bids and offers.
The EPS & PE ratios are based on 2021 and 2022 actual or projected earnings, excluding major one off items. The PE Ratio is the most popular measure used to determine the value of stocks.