Transjamaican Highway took control of trading on the Jamaica Stock Exchange on Tuesday accounting for 78 percent of all shares traded and pushed the volume of stocks exchanged, sharply higher with a greater value than on Monday. At the close, the Main Market major indices, the Junior Market index and the JSE USD Market slipped resulting from prices of 31 shares rising, 45 declining and 38 ending firm, with NCB Financial closing at a 52 weeks’ low of $48 and ISP Finance closing at a 52 weeks’ high of $43.25, after hitting an intraday high of $49.42.
At the close of the market, the JSE Combined Market Index shed 441.95 points to finish at 340,223.17, the All Jamaican Composite Index declined 555.81 points to settle at 379,598.43, the JSE Main Index sank by 351.55 points to 328,099.09, the Junior Market Index lost 14.75 points to conclude trading at 3,691.31 and the JSE USD Market Index sank 1.55 points to end at 215.13.
At the close of trading on Tuesday, 105,705,078 shares were traded in all three markets, up sharply from 19,812,403 units on Monday, with the value of stocks traded on the Junior and Main markets amounted to $253.27 million, well above the $117.53 million on the previous day and the JSE USD market closed with an exchange of 373,308 shares for US$25,625 down compared to 524,976 units at US$54,479 on Monday.
In Main Market activity, Transjamaican Highway 8% led with 80.01 million shares followed by Wigton Energy with 3.25 million stocks and Transjamaican Highway with 2.62 million units.
In Junior Market trading, Mailpac Group led with 4.31 million shares followed by Kintyre Holdings with 3.75 million stocks and Future Energy with 459,723 units.The market’s PE ratio, the most popular measure used to value stocks, ended at 13.3 based on 2024-25 earnings and 19.9 based on 2023-24 historical earnings. The ICInsider.com PE ratio chart and the other more detailed daily charts provide investors with regularly updated information in assisting in decision-making. The PE ratio chart covers all ordinary shares listed on the Jamaica Stock Exchange and are grouped by industry, allowing for easy comparisons within a sector and the overall market. The earnings per share (EPS) and PE ratios are based on 2024 and 2025 actual or projected earnings, excluding any major one time income or expense.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The chart should be used in making rational decisions when investing in stocks close to the sector average, 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.