Big fall for JSE Main Market, Juniors slip


The Main Market of the Jamaica Stock Exchange dropped sharply in trading on Monday, the Junior Market suffered more slippage, following last week’s decline, while the JSE USD Market rose moderately to close out the day, resulting from prices of 28 shares rising, 50 declining and 32 remaining firm. Trading ended with a fall in the volume and value of stocks exchanged compared to Friday.

At the close of the market, the JSE Combined Market Index dived 5,057.09 points to 327,655.73, the All Jamaican Composite Index declined 4,113.02 points to close at 365,793.24, while the JSE Main Index sank sharply by 5,216.14 points to 317,090.76, the Junior Market Index dipped 10.43 points to close at 3,413.75 and the JSE USD Market Index rallied 1.73 points to wrap up trading at 211.15.
At the close of trading, 7,997,488 shares were exchanged in all three markets, down from 12,067,164 units on Friday. The value of stocks traded on the Junior and Main markets amounted to $47.94 million, just below the $52.72 million on the previous day and the JSE USD market closed with an exchange of 313,665 shares for US$18,561 compared to 73,658 units at US$42,410 on Friday.
In Main Market activity, JMMB Group 7.35% – 2028 led with 1.79 million shares, followed by Transjamaican Highway with 1.07 million stocks and Sygnus Credit Investments with 466,229 units.
In Junior Market trading, on a day of low trading, Dolla Financial led with 256,573 shares, followed by RA Williams with 210,000 stocks and MFS Capital Partners with 190,762 units.
In the preference segment, Eppley 7.75% preference share declined $1.87 to $18 and Jamaica Public Service 7% rallied $5.66 to close at $43.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13.8 based on earnings for 2024-25 and 16.2 based on 2024 earnings.
The ICInsider.com PE ratio chart and the more detailed daily charts provide investors with regularly updated data to help decision-making. The PE ratio chart covers all ordinary shares that are listed on the Jamaica Stock Exchange and 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.

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