Trading closed Tuesday on the Jamaica Stock Exchange with a fall in the volume of exchanged stocks, with a much lower value than on Monday, resulting in another day of declines in the Main Market major indices, the Junior Market index and the JSE USD Market closed higher. At the end of trading the prices of 41 shares rose, 49 declined and 25 remained firm.
At the close of the market, the JSE Combined Market Index dropped 1,204.61 points to wrap up trading at 341,674.35, the All Jamaican Composite Index declined 2,080.97 points to 380,595.30, the JSE Main Index lost 1,376.79 points to finish trading at 329,739.81, the Junior Market Index climbed 15.63 points to close at 3,674.88 and the JSE USD Market Index rose 2.29 points to end at 235.36.
At the close of trading, 12,626,085 shares were exchanged in all three markets, down from 17,397,476 units on Monday, with the value of stocks traded on the Junior and Main markets amounted to $59.66 million, down from $121.33 million on the previous day and the JSE USD market closed with an exchange of 133,100 shares for US$8,966 compared to 1,016,484 units at US$33,512 on Monday.
In Main Market activity, Carreras led with 2.27 million shares followed by Wigton Energy with 2.19 million stocks and Transjamaican Highway with 1.01 million units.
In Junior Market trading, Omni Industries led with 1.04 million shares followed by Derrimon Trading with 804,617 stocks and Kintyre Holdings with 800,712 units.
In the preference segment, Jamaica Public Service 9.5% sank $6 to end at $2,690 and 138 Student Living preference share climbed $21.25 to $247.The market’s PE ratio, the most popular measure used to value stocks, ended at 13.8 on 2024-25 earnings and 20.2 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 and grouped by industry, helping to facilitate 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.