All gains for JSE markets

Trading values climbed on Thursday, with the volume of stocks traded falling from that on Wednesday and resulting in prices of 42 shares rising and 31 declining and ending with the Main Market of the Jamaica Stock Exchange jumping sharply, while the Junior Market put in a late rally to close solidly higher and JSE USD market closed moderately higher.
At the close of trading, the JSE Combined Market Index climbed 2,440.31 points to 323,300.25, the All Jamaican Composite Index rallied 3,554.63 points to 353,513.80 and the JSE Main Index climbed 2,279.17 points to 309,826.20. The Junior Market Index rallied 36.35 points to close at 3,767.81 and the JSE USD Market Index rose 1.38 points to finish at 232.96.
At the close of trading, 33,666,552 shares were exchanged in all three markets, up from 35,184,553 units on Wednesday, with the value of stocks traded on the Junior and Main markets amounted to $213.15 million, well over the $161.87 million on the previous trading day and the JSE USD market closed with an exchange of 261,025 shares for US$7,711 compared to 238,507 units at US$26,771 on Wednesday.
In Main Market activity, Wigton Windfarm led trading with 6.48 million shares followed by Sagicor Select Financial Fund with 4.80 million stocks, Jamaica Producers with 1.50 million units and Transjamaican Highway with 1.29 million shares.
In Junior Market trading, ONE on ONE Educational led trading with 4.33 million shares followed by Derrimon Trading with 2.20 million stocks, EduFocal ended with 1.73 million units, Jamaican Teas with 1.45 million shares and Fosrich with 1.23 million units.
In the preference segment, Eppley 7.75% preference share slipped $1.99 to $20 and Sygnus Credit Investments C10.5% gained $1.25 to land at $104.
The market’s PE ratio, the most popular measure used to value stocks, ended at 19.7 on 2023-24 earnings and 13.4 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.