Trading closed Friday on the Jamaica Stock Exchange with a fall in the volume of stocks exchanged, even as Transjamaican Highway accounted for over 20 million units with the market closing with a greater value than on Thursday, resulting in the Main Market major indices falling moderately, the Junior Market dropping sharply and the JSE USD Market declining. At the end of trading the prices of just 30 shares rose, 50 declined and 32 remained firm.
At the close of the market, the JSE Combined Market Index declined by 1,049.35 points to 344,610.60, at the same time the All Jamaican Composite Index dipped 257.67 points to 384,716.51, the JSE Main Index slipped by 685.56 points to wrap up trading at 333,074.26, the Junior Market Index shed 54.91 points to finish at 3,639.67 and the JSE USD Market Index sank 4.41 points to end at 234.01.
At the close of trading, 36,562,506 shares were exchanged in all three markets, down from 44,212,615 units on Thursday, with the value of stocks traded on the Junior and Main markets amounted to $153.03 million, up from $119.46 million on the previous day and the JSE USD market closed with an exchange of 843,267 shares for US$30,797 compared to 80,626 units at US$9,893 on Thursday.
In Main Market activity, Transjamaican Highway led with 20.32 million shares followed by Wigton Energy with 1.30 million stocks and Carreras with 763,258 units.
In Junior Market trading, Lasco Financial led with 6.03 million shares followed by Kintyre Holdings with 1.43 million stocks and Everything Fresh with 525,576 units.
In the preference segment, Jamaica Public Service 7% declined $1.94 to finish at $42 and Productive Business Solutions 10.5% preference share popped $60 to $1,055.The market’s PE ratio, the most popular measure used to value stocks, ended at 13.7 on 2024-25 earnings and 20.1 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 to help decision-making. The PE ratio chart covers all ordinary shares listed on the Jamaica Stock Exchange, grouped by industry, allowing for ease in the comparison 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.