Trading closed Friday, with a surge in trading following a a near 69 million share trade in Wigton Energy and 19.5 units of Kintyre Holdings, as trading ended for May on the Jamaica Stock Exchange, with an overall rise in the volume and value of stocks changing hands, than on Thursday. The major indices of the Main Market rose, the Junior Market index eked another day of moderate gain and the JSE USD Market dipped into the month end. At the end of trading winning stocks beat out losers with the prices of 50 shares rising, 34 declining and 21 remaining firm.
At the close of the market, the JSE Combined Market Index popped 811.46 points to settle at 348,753.30, the All Jamaican Composite Index rose 1,385.89 points to 403,382.31, the JSE Main Index climbed by 717.46 points to 341,344.15, the Junior Market Index rallied by 17.44 points to finish at 3,117.58 while the JSE USD Market Index fell 1.59 points to close trading at 243.92.
At the close of trading for May, 123,717,712 shares were traded hands in all three markets, up from 60,753,395 units on Thursday, with the value of stocks changing hands on the Junior and Main markets amounting to $294.86 million, up from $202.62 million on the previous day. The JSE USD market closed with an exchange of 351,502 shares for US$19,547, well off from 1,834,949 units at US$84,245 on Thursday.
In Main Market activity, Wigton Energy led trading with 68.57 million shares followed by Transjamaican Highway with 5.27 million stocks and Sagicor Select Financial Fund with 5.24 million units.
In Junior Market trading, Kintyre Holdings led with 19.46 million shares followed by ONE on ONE Educational with 3.92 million stocks and Jamaican Teas with 2.73 million units.
In the preference segment, 138 Student Living preference share advanced $15 in closing at $235 and Sygnus Credit Investments C10.5% sank $1.99 to $105.
At the close of trading, the market’s current year’s PE ratio, which is compiled with projected 2026-27 earnings is 12.8 and 15.3 based on 2025 historical earnings, excluding major one-time income or expenses. The PE ratio is one of the more popular measures used to value shares and is calculated by dividing the stock price by the company’s earnings per share. The ICInsider.com PE ratio chart and the 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.