All JSE markets rose

More stocks were traded on the Main Market of the Jamaica Stock Exchange than was the case on Wednesday, with the value of stocks traded rising above Tuesday’s levels as all the major market indices closed higher, as prices of 38 stocks gained and 30 declined.
At the close of the market, the JSE Combined Market Index climbed 1,589.37 points to 332720.64, the All Jamaican Composite Index rose 803.03 points to 357,537.00, the JSE Main Index rallied 1,434.43 points to close at 319,656.54. The Junior Market Index rallied 30.50 points to end the day at 3,771.19 and the JSE USD Market Index jumped 17.10 points to wrap-up trading at 236.20.
At the close of trading, 26,869,332 shares were exchanged in all three markets, up from 24,524,466 units on Tuesday, with the value of stocks traded on the Junior and Main markets amounted to $135.02 million, more than the $121.12 million on the previous trading day and the JSE USD market closed with an exchange of 137,354 shares for US$22,495 compared to 1,221,116 units at US$112,024 on Tuesday.
In Main Market activity, Transjamaican Highway led trading with 3.08 million shares followed by Wigton Windfarm with 2.12 million units and Sygnus Credit Investments with 1.33 million stocks.
In Junior Market trading, Omni Industries led trading with 4.55 million shares followed by Derrimon Trading with 1.43 million stock units and Jamaican Teas with 1.39 million stocks.
In the preference segment, Productive Business Solutions 10.5% preference share rallied $50 to $1,100 and Sygnus Credit Investments C10.5% rose $2 to end at $110.
The market’s PE ratio, the most popular measure used to value stocks, ended at 20.9 on 2023-24 earnings and 13.9 times those for 2024-25 at the close of trading. The ICInsider.com PE ratio chart along with the more detailed daily charts provide investors with  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 the more detailed daily report 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 reported as a guide for investors 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 of the highest bid and the lowest offer for each company.