Innovative Energy led trading on the Jamaica Stock Exchange on Friday with 73 percent of the of stocks that changed hands and driving value higher than on Thursday. Trading ended with the major indices of the Main Market falling, along with the Junior Market index, and the JSE USD Market rising moderately. At the end of trading, prices of 38 shares rose, 44 declined and 25 remained firm.
At the close, the JSE Combined Market Index skidded 1,413.73 points to close at 322,725.26, the All Jamaican Composite Index dropped 2,581.50 points to end at 355,824.19, the JSE Main Index declined 1,401.44 points to end at 312,486.94, the Junior Market Index declined 10.23 points to end at 3,337.50 and the JSE USD Market Index rallied 0.25 points to 199.68.
At the close of the market on Friday, 96,350,267 shares were exchanged in all three markets, up from 18,347,984 units on Thursday, with the value of stocks traded on the Junior and Main markets amounting to $223.05 million, up from $188.86 million on the previous day. The JSE USD market closed with an exchange of 26,534 shares for US$1,226 compared to 339,923 units at US$14,918 on Thursday.
In Main Market activity, Innovative Energy led with 70.20 million shares, followed by Supreme Ventures with 5.62 million stock units and Transjamaican Highway with 4.50 million units.
In Junior Market trading, JFP led with 2.36 million shares, followed by One Great Studio with 2.0 million stock units and Omni Industries with 1.24 million units.
In the preference segment, Eppley 7.75% preference share gained $3.20 in closing at $21, while 138 Student Living preference share rose $5 to $230 and Productive Business Solutions 10.5% slipped $100 and ended at $1,055.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13.8 based on 2025-26 earnings and 14.4 based on 2024 historical earnings. The ICInsider.com PE ratio chart and the 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 actual and 2025 projected earnings, excluding any major one time income or expense.
Pertinent data is required to navigate numerous investment options successfully in the stock market. The chart should be used to assist 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.