Paul Scott set for 8 JSE listings

February 21, 2025 by
Another Paul Scott’s company is headed to the Junior Market and will bring the total companies listed to 9, these include Seprod, Caribbean Producers, General Accident, AS Brydens and Sons, Eppley, Epply Caribbean Property Fund, Productivity Business Solutions and Stanley Motta. Scott also has a significant interest in Lumber Depot and Transjamaican Highway in which Musson owns over 595 million shares and is the third largest shareholder.

Atlantic Hardware & Plumbing Company, a 30-year-old wholesale distribution company is offering 499,999,800 shares at $1 each for subscription. Just 200 million will be available to the public as JMMB Group is set to convert loans into shares. The shares are slated to be listed on the Junior Market of the Jamaica Stock Exchange. The company with a staff complement of 35 is located at 105-107 Marcus Garvey Drive.  The issued share capital is currently 1.95 billion ordinary units. Construct Group owns 975 million units, Lumber Depot 682.5 million units and General Accident 292.5 million shares.  The offer opens on the 27th of February and is scheduled to close on the 13th of March and will most likely close well ahead of the closing date, with only 100 million available for the general public.
The lead broker is JMMB Securities, an affiliate, the holder of a convertible bond, is entitled to exercise the conversion option for up to 300 million shares at $1 per share.
The net proceeds of $470 million will be used to repay debt, this includes the conversion of JMMB convertible bond representing 300 million units.
At the end of September last year borrowed funds surged to $1.34 billion compared to just $177 million at the end of 2023 as the company embarked on a share buyback, in a classic engineering exercise to get it to fit into the Junior Market capital size.

Revenues in 2023 amounted to $1.4 billion with a profit of $147 million before tax. Revenues declined from the 2021 and 2022 levels of $1.67 billion with profit before tax of $318 million and $290 million respectively.  Revenues of $440 million were generated in the September quarter up 30 percent from $339 million in 2023 and for the nine months to September, revenues climbed by 12 percent to $1.23 billion from $1.1 billion in 2023. Profit for the quarter before taxation was $18.7 million versus $69 million and for the year to September 2024 – $84 million compared with $236 million in 2023.
In January, this year, Atlantic sold real property on Ashenheim Road in Kingston. The net sale proceeds will be used to repay approximately $230 million of existing indebtedness. Borrowed funds should fall to around $200 million from the combination of the IPO proceeds and internal funds. Accordingly, interest cost that was $48 million in the September quarter should drop around $20 million annually.
The PE ratio works out at 12.5 times earnings which is unlikely to move the stock much with the market average currently around 13 but there several that are trading above 15. This is not one those companies that has a great future ahead of it and most investors should look elsewhere for better prospects.

Filed Under: Breaking News, Company News, Feature Stories, Initial Public Offers Tagged With: , , , , , , , , , , ,

Trading volume drops on JSE USD market

April 4, 2024 by

Trading on the Jamaica Stock Exchange US dollar market ended on Thursday, with a 67 percent drop in the volume of stocks changing hands after a 133 percent jump in value than on Wednesday, resulting in trading in nine securities, compared to seven on Wednesday with prices of one rising, three declining and five ending unchanged.
The market closed with an exchange of 186,609 shares for US$46,047 compared to 560,085 units at US$19,785 on Wednesday.
Trading averaged 20,734 units at US$5,116 versus 80,012 shares at US$2,826 on Wednesday, with a month to date average of 45,694 shares at US$3,442 compared with 61,740 units at US$2,366 on the previous day and March that ended with an average of 49,394 stock units for US$3,593.
The US Denominated Equities Index popped 2.61 points to end at 243.44.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.2. The PE ratio is computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending and or around August 2024.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Margaritaville ended at 10 US cents in trading 2,103 stock units, Proven Investments dipped 2 cents and ended at 13.9 US cents after an exchange of 110,431 shares, Sterling Investments popped 0.1 of a cent to finish at 1.7 US cents with investors transferring 2,105 stocks. Sygnus Credit Investments shed 0.7 of one cent in closing at 7.3 US cents, following 51,168 units changing hands and Transjamaican Highway declined 0.02 of a cent to close at 2.18 US cents with a transfer of 2,375 shares.
In the preference segment, JMMB Group US8.5% preference share remained at US$1.19 after an exchange of 14,317 units. JMMB Group 5.75% ended at US$2.12 after 4,002 stocks crossed the market, Productive Business Solutions 9.25% preference share remained at US$12 after a transfer of 10 stock units and Sygnus Credit Investments US 8% remained at US$10.60 with 98 shares clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Global Market, Stock Market Tagged With: , , , , , , , , ,

JSE Main Market pulls back, Juniors rise

November 10, 2023 by

The Jamaica Stock Exchange closed with mixed results on Friday with the JSE Main Market index rising followed by the Junior Market but the JSE USD Markets slipped and the All Jamaican Composite Index lost more ground to close out the week, following a rise in the volume of stocks traded with the value slipping from Thursday’s levels.
AS Bryden commenced trading on the Main market with investors swapping 53,309 shares with a value of J$1,575,191 and the price closed at $29 with a rise of $6.50 from the listed price.
At the close of trading, the JSE Combined Market Index popped 1,420.45 points to close at 328.954.78, while the All Jamaican Composite Index lost 1,118.17 points to conclude trading at 348,023.43, the JSE Main Index climbed 1,433.99 points to 314,999.24. The Junior Market Index rose 8.65 points to close trading at 3,828.75 and the JSE USD Market Index fell 4.00 points to 223.47.
Investors traded 13,255,970 shares in all three markets, compared to 11,392,608 stock units on Thursday. The value of stocks traded dipped on the Junior and Main markets to $118. 38 million from $123.80 million on Thursday. The JSE USD market closed after 126,524 shares were traded, for US$3,525 down from 308,440 units at US$5,303 on Thursday.
In the preference segment, Jamaica Public Service 7% climbed $8 and ended at $50 and Productive Business Solutions 9.75% preference share popped $10.20 to end at $112.20.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21.7 on 2022-23 earnings and 11.8 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 successfully navigate numerous 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 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 to quickly assess the value of stocks based on this measure. 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.

 

Filed Under: Feature Stories, JSE Combined, Stock Market Tagged With: , , , , , , , , , , , , ,

JSE Main Market pulls back, Juniors rise

November 9, 2023 by

The Jamaica Stock Exchange Main Market slipped back from the two day bounce as the Junior and JSE USD Markets popped higher, with the volume of stocks traded dropping compared with Wednesday but with a much higher value. As trading in the Junior Market dropped back from the level on Wednesday, while the Main Market volume dropped even as the value jumped.
At the close of Thursday’s trading, the JSE Combined Market Index slipped 326.84 points to close at 327534.33, while the All Jamaican Composite Index lost 930.59 points to conclude trading at 349,141.60, the JSE Main Index dropped 521.94 points to 313,565.25. The Junior Market Index rose 18.08 points to close trading at 3,820.10 and the JSE USD Market Index inched 0.33 points higher to 227.49.
Investors traded 11,392,608 shares in all three markets, compared to 18,249,810 stock units on Wednesday. The value of stocks traded jumped on the Junior and Main markets to $123.80 million, down from $70.16 million on Wednesday. The JSE USD market closed after 308,440 shares were traded for US$5,303, down from 443,134 units at US$59,410 on Wednesday.
In the preference segment, Jamaica Public Service 9.5% climbed $100 and ended at $2,900, JMMB Group 7% preference share increased 45 cents in closing at $2.45 and Productive Business Solutions 9.75% preference share popped $1 to end at $102.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 22 on 2022-23 earnings and 11.6 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 successfully navigate numerous 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 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 to quickly assess the value of stocks based on this measure. 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.

Filed Under: Feature Stories, JSE Combined, Stock Market Tagged With: , , , , , , , , , , , , ,

Jamaica Stock Exchange Main Market jumps

November 8, 2023 by

The Jamaica Stock Exchange Main Market jumped on Wednesday with fewer shares changing hands compared with Tuesday’s activities but the Junior and JSE USD Markets fell to close out the day of mixed fortunes in the overall market.
At the close of trading on Wednesday, the JSE Combined Market Index rallied 1,728.93 points to 327,861.17, the All Jamaican Composite Index popped 4,070.89 points to finish at 350,072.19, while the JSE Main Index jumped 2,220.52 points to settle at 314,087.19. The Junior Market Index dropped 39.04 points to 3,802.02, even as trading picked up in this market and the JSE USD Market Index dropped 4.69 points to 227.16.
Investors traded 18,249,810 shares in all three markets, compared to 20,407,380 stock units on Tuesday. The value of stocks traded jumped on the Junior and Main markets to $70.16 million down from $204.76 million on Tuesday. The JSE USD market closed after 443,134 shares were traded, for US$59,410 compared to 104,786 units at US$6,106 on Tuesday.
In the preference segment, Jamaica Public Service 7% shed $7.35 in closing at $41.65 and Jamaica Public Service 9.5% dropped $100 and ended at $2,800.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 22.4 on 2022-23 earnings and 11.8 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 successfully navigate numerous 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 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 to quickly assess the value of stocks based on this measure. 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.

Filed Under: Feature Stories, JSE Combined, Stock Market Tagged With: , , , , , , , , , , , , , ,

Trading surges on the Jamaica Stock Exchange

November 7, 2023 by

Trading jumped sharply on the Jamaica Stock Exchange on Tuesday from the depressed level since the start of November, with the volume and value traded climbing well over Monday levels as trading increased sharply in the Main Market as 1.46 million shares in Seprod valued at $114 million and over 4 million units of Carreras valued $33 million, were the leading movers of the overall value of stocks traded, as trading ended with the in all three markets closing higher over Monday’s close.
At the close of the market, the JSE Combined Market Index increased by 1,106.75 points to close at 326,132.24, while the All Jamaican Composite Index rallied 342.51 points to close at  346,001.30, the JSE Main Index rose 1,171.68 points to end at 311,866.67. The Junior Market Index closed marginally higher, with a rise of just 1.39 points to 3,841.06 and the JSE USD Market Index popped 1.16 points to 231.95.
Investors traded 20,407,380 shares in all three markets, up sharply from 8,944,344 stock units on Monday. The value of stocks traded jumped on the Junior and Main markets to $204.76 million from a mere $41.48 million on Monday. The JSE USD market closed after 104,786 shares were traded for US$6,106 compared to 148,704 units at US$3,173 on Monday.
In the preference segment, Jamaica Public Service 7% gained 54 cents to $49 and Productive Business Solutions 9.75% preference share lost $19.99 to end at $101.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 22.1 on 2022-23 earnings and 11.8 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 successfully navigate numerous 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 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 to quickly assess the value of stocks based on this measure. 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.

Filed Under: Feature Stories, JSE Combined, Stock Market Tagged With: , , , , , , , , , , , ,

JSE Markets fall to start the week

November 6, 2023 by

Trading on the Jamaica Stock Exchange remained depressed at the close of all three markets on Monday, with the volume and value traded being marginally more than on Friday and resulting in the markets closing lower compared to Friday.
At the close of trading on Monday, the JSE Combined Market Index dropped 2,329.48 points to 325,025.49, while the All Jamaican Composite Index declined 2,074.28 points to close trading at 345,658.79, the JSE Main Index skidded 2,171.72 points to settle at 310,694.99. The Junior Market Index fell 33.28 points to 3,839.90 and the JSE USD Market Index dropped 0.60 points to 230.39.
Investors traded just 8,944,344 shares in all three markets, up from 8,797,366 stock units on Friday. The value of stocks traded plunged on the Junior and Main markets to just $41.48 million from $41.29 million on Friday. The JSE USD market closed after 148,704 shares were traded for US$3,173 compared to 50,369 units at US$10,547 on Monday.
In the preference segment, Eppley 7.50% preference share rose 85 cents in closing at $5.92 and Productive Business Solutions 9.75% preference share shed $1.01 to end at $120.99.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 22.6 on 2022-23 earnings and 11.8 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 successfully navigate numerous 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 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 to quickly assess the value of stocks based on this measure. 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.

Filed Under: Feature Stories, JSE Combined, Stock Market Tagged With: , , , , , , , , , , , ,

Sizable gains for JSE Main Market on Tuesday

October 31, 2023 by

The Jamaica Stock Exchange Main market closed trading on Tuesday and October with big indices rally and JSE Junior and JSE USD Markets bounced at the close in ending higher than on Monday, with increased volume and value of stocks trading, with all Market Indices closing lower than the end of September.
At close, the JSE Combined Market Index popped 4,618.54 points to close at 332,815.38, the All Jamaican Composite Index surged 4,665.94 points to 351,476.39, the JSE Main Index rallied 4,914.30 points to end October at 318,800.82. The Junior Market Index rose 2.26 points to close at 3,862.87 and the JSE USD Market Index climbed 12.75 points to close out October at 226.08.
The significant increase in the Main Market indices was due to big price movements in Massy Holdings, up $7.93, followed by Seprod, with a gain of $7.50, Margaritaville with a rise of $2.47 Caribbean Cement $1.99 and Wisynco up $1.05.
Investors traded 43,456,356 shares in all three markets, down from 50,369,942 stock units on Monday. The value of stocks traded rose on the Junior and Main markets to $162.09 million from $158.25 million on Monday. The JSE USD market closed after 296,100 shares were sold for US$34,738 compared to 131,600 units at US$3,492 on Monday.
In the preference segment, Jamaica Public Service 7% skidded $3.22 to $42 and Productive Business Solutions 9.75% preference share dropped $1 to close at $122.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 22.5 on 2022-23 earnings and 11.2 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 successfully navigate numerous 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 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 to quickly assess the value of stocks based on this measure. 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.

Filed Under: Feature Stories, JSE Combined, Stock Market Tagged With: , , , , , , , , , , , , ,

Fall for all JSE Markets on Monday

October 30, 2023 by

Trading on the Jamaica Stock Exchange on Monday jumped sharply over Friday’s levels as the Junior Market activity dominated with trading of 44,475,233 shares for $142,291,683 and overshadowing trading in the JSE Main Market, but the markets ended trading with the JSE USD and the Junior Market index plunging and the JSE Market index slipping to close out the day.
At close, the JSE Combined Market Index dropped 1,952.40 points to 328,196.84, while the All Jamaican Composite Index slipped 9.86 points to end at 346,810.45, the JSE Main Index dropped 1,512.64 points to 313,886.52. The Junior Market Index dived 60.10 points to 3,860.61 and the JSE USD Market Index declined 12.69 points to conclude trading at 213.33.
Investors traded 50,369,942 shares in all three markets, up from 36,643,282 stock units on Friday. The value of stocks traded rose on the Junior and Main markets to $158.25 million from $87 million on Friday. The JSE USD market closed after 131,600 shares were traded for US$3,492 compared to 31,673 units at US$7,572 on Friday.
In the preference segment, Jamaica Public Service 7% shed $4.68 to close at $45.22, 138 Student Living preference share advanced $12 and ended at $107 and Productive Business Solutions 9.75% preference share dipped $2 in closing at $123.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 22.7 on 2022-23 earnings and 11.1 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 successfully navigate numerous 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 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 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.

Filed Under: Feature Stories, JSE Combined, Stock Market Tagged With: , , , , , , , , , , , , ,

Trading rises on the Jamaica Stock Exchange

October 27, 2023 by

The value of stocks traded declined on the Jamaica Stock Exchange on Friday, but the volume surged from the levels on Thursday and ended with the JSE Main Market and the JSE USD rising as the Junior Market index closed down but remained above the 3,900 points mark for a second day.
The rise of Main Market indices was pushed mainly by Guardian Holdings, up $29, Massy Holdings with the rise of $8.80, Pan Jamaica with $3.46, followed by Sagicor Group, adding $1.29 to Thursday‘s price and Caribbean Cement, up $1.27.
At close, the JSE Combined Market Index added 3,257.76 points to close at 330,149.24, while the All Jamaican Composite Index popped 168.58 points to settle at 346,820.31, the JSE Main Index increased 3,589.20 points to 315,399.16. The Junior Market Index slipped 11.26 points to 3,920.71 and the JSE USD Market Index rose 0.42 points to settle at 226.02.
Investors traded 36,643,282 shares in all three markets, up from 22,006,435 stock units on Thursday. The value of stocks traded slipped on the Junior and Main markets to $87 million from $98 million on Thursday. The JSE USD market ended trading after 31,673 shares were traded, for US$7,572 compared to 218,678 units at US$7,411 on Thursday.
In the preference segment, Jamaica Public Service 9.5% dropped $9 to end at $2890 and Productive Business Solutions 9.75% preference share increased $4.25 to close at $125.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 23.1 on 2022-23 earnings and 11.2 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 in the local stock market successfully. 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 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.

Filed Under: Feature Stories, JSE Combined, Stock Market Tagged With: , , , , , , , , , , , , ,