Big drop in Main Market, Juniors slip


The Jamaica Stock Exchange closed Monday with a rise in the value and volume of stocks exchanged than on Friday, resulting in the Main Market major indices falling, the Junior Market index slipping modestly and the JSE USD Market rising. At the end of trading, the prices of 33 shares rose, 44 declined and 30 remained firm.

At the close of the market, the JSE Combined Market Index declined 2,419.77 points to 322,016.33, the All Jamaican Composite Index declined by 4,038.66 points to close at 358,666.32, the JSE Main Index sank 2,500.31 points to wrap up trading at 311,327.83, the Junior Market Index slipped 4.23 points to finish at 3,395.09 and the JSE USD Market Index rallied 3.04 points to end at 212.03.

At the close of trading, 11,502,255 shares were exchanged in all three markets, up from 9,884,394 units on Friday, with the value of stocks traded on the Junior and Main markets amounting to $42.11 million, up marginally from $40.19 million on the previous day. The JSE USD market closed with an exchange of just 62,270 shares for US$15,014, down from 575,499 units at US$26,595 on Friday.
In Main Market activity, Transjamaican Highway led trading with 1.44 million shares, followed by JMMB 9.5% with 813,243 stocks and Wigton Energy with 746,964 units.
In Junior Market trading, Dolla Financial led with 1.38 million shares, followed by Kintyre Holdings with 872,625 stocks and Stationery and Office Supplies with 814,241 units.
In the preference segment, 138 Student Living preference share rallied $35.50 to end at $230.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13.6 based on 2024-25 earnings and 16 based on 2024 earnings. The ICInsider.com PE ratio chart and the other, more detailed daily charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all the ordinary shares listed on the Jamaica Stock Exchange, and is grouped by industry, allowing for easy comparisons within a sector and the overall market. The earnings per share (EPS) and PEs are based on 2024 and 2025 actual or projected earnings, excluding any major one time income or expense.
Pertinent information is required to navigate the various options successfully in the 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.

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