Caribbean Cement reversed Monday’s $13.25 surge in dropping $17 at the close of trading on Tuesday to $88 on the Jamaica Stock Exchange, following a fall in the volume of stocks exchanged, with a lower value than on Monday and resulting in the Main Market and Junior Market indices rising and the JSE USD Market falling. At the end of trading, prices of 38 shares rose, 50 declined and 26 remained firm.
At the close of the market, the JSE Combined Market Index advanced 548.68 points to 319,155.11, the All Jamaican Composite Index rallied 1,231.39 points to 354,759.05, the JSE Main Index climbed 495.41 points to 307,743.10, the Junior Market Index popped 10.43 points to end at 3,472.68 and the JSE USD Market Index dropped 0.79 points to 206.35.
At the close of trading, 17,003,596 shares were exchanged in all three markets, down from 18,187,480 units on Monday, with the value of stocks traded on the Junior and Main markets amounted to $75.61 million, down from $118.27 million on the previous day and the JSE USD market closed with an exchange of 157,947 shares for US$7,208 compared to 206,542 units at US$34,989 on Monday.
The Jamaica Stock Exchange switched its trading platform just over two weeks ago, and the quantity and value of stocks traded differed from the preliminary information available immediately after the close of trading.
In Main Market activity, Transjamaican Highway led trading with 3.42 million shares, followed by JMMB Group 7.35% – 2028 with 2.22 million stocks and Wigton Energy with 1.87 million units.
In Junior Market trading, no stock traded more than a million shares. JFP led with 510,876 shares, followed by Future Energy with 316,364 stocks and Fosrich with 316,046 units.
In the preference segment, Jamaica Public Service 7% shed $4 and ended at $39, 138 Student Living preference share sank $20 to end at $210 and Sygnus Credit Investments C10.5% popped $3 to close at $105.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13.2 based on 2024-25 earnings and 16.1 based on 2024-25 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 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.