Big fall for JSE Main market, Juniors rise


Trading pulled back on the Jamaica Stock Exchange on Thursday with a fall in the volume of stocks that were exchanged, but with a greater value than on Wednesday, and ended with the major indices Main Market falling, the Junior Market index rising modestly and the JSE USD Market slipping. At the end of trading the prices of 41 shares rose, 45 declined and 24 remained firm.

At the close of the market, the JSE Combined Market Index sank by 4,453.37 points to wrap up trading at 351,514.16, the All Jamaican Composite Index dived 5,473.74 points in finishing at 405,999.39, the JSE Main Index dropped by 4,705.24 points to finish trading at 344,789.70. The Junior Market Index climbed 6.17 points to close at 3,043.61, mean time the JSE USD Market Index declined 8.43 points to end at 255.94.
At the close of trading, a total of  31,567,367 shares were exchanged in all three markets, down from 43,404,559 units on Wednesday, with the value of stocks traded on the Junior and Main markets amounting to $153.71 million, up from $113.29 million on the previous day. The JSE USD market closed with an exchange of 916,015 shares for US$44,643, up from 690,528 units at US$34,802 on Wednesday.
In Main Market activity, Transjamaican Highway led trading with 4.86 million shares followed by Kingston Wharves with 1.20 million stocks and JMMB Group 7.35% – 2028 with an exchange of 1.05 million units.
In Junior Market trading, Kintyre Holdings led with 12.01 million shares, followed by Omni Industries with 3.20 million stocks and Woodcats International with 2.08 million units.
In the preference segment, Jamaica Public Service 7% sank $3.98 to finish at $37 and Sygnus Credit Investments C10.5% gained $8 to finish at $109.
At the close of trading, the market’s current year’s PE ratio, which is compiled using projected 2026-27 earnings is 13.5 and 14.3 based on 2025 historical earnings, excluding one-time income or expenses.
The PE ratio is one of the more popular measures used in valuing shares, is computed by dividing the stock price by earnings per share. The ICInsider.com PE ratio chart and the more detailed daily charts provide investors with regularly updated information to assist in decision-making. The PE ratio chart includes all ordinary shares listed on the Jamaica Stock Exchange, grouped by industry, with easy comparisons within sectors and the overall market.
Pertinent information is needed to navigate the numerous options in the stock market. The chart should be used to help in decision-making, especially when investing around the market or sector averages, and not going too far from it unless compelling reasons exist. This approach reduces emotion from investment decisions and places them on fundamentals, without straying far from the majority of investors. Investors who buy stocks near the average will not overpay. The net asset value of each company is incorporated into the chart. Investors can use this measure in assessing stock values. The chart also includes daily changes in stock prices and percentage year to date price movements based on the last traded price. Dividends that are paid or 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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