Trading activity dropped on the Jamaica Stock Exchange on Thursday, with a fall in the volume of stocks that were exchanged, with a lower value than on Wednesday, resulting in slippage in the major indices in all markets, following the end of trading, with the prices of 40 shares rising, 46 declining and 39 remaining firm.
At the close of the market, the JSE Combined Market Index lost 1,438.14 points to 348,468.08, the All Jamaican Composite Index sank 1,730.52 points to end at 399,351.31, the JSE Main Index dropped 1,343.55 points to wrap up trading at 339,728.76, the Junior Market Index dipped by 21.36 points to finish at 3,292.35 and the JSE USD Market Index slipped 7.54 points to settle at 259.75.
At the close of trading, 24,700,490 shares were exchanged in all three markets, down from 52,116,789 units on Wednesday, with the value of stocks traded on the Junior and Main markets amounting to $125.76 million, down from $455.07 million on the previous day and the JSE USD market closed with an exchange of 262,300 shares for US$15,870 compared to 221,580 units at US$16,385 on Wednesday.
In Main Market activity, Transjamaican Highway led with 11.50 million shares, followed by JMMB Group 7.35% – 2028 with 424,613 stocks and Carreras with 371,042 units.
In Junior Market trading, Kintyre Holdings led with 5.56 million shares, followed by Woodcats International with 1.53 million stocks and Indies Pharma with 561,002 units.
In the preferred segment, Jamaica Public Service 9.5% rallied by $99 to close at $2,599 and Sygnus Credit Investments 10% climbed $7.80 to $108.
At the close of trading, the market’s PE ratio ended at 14.7. The PE is computed using projected 2026-27 earnings and 15.8 based on 2025 historical earnings, excluding major one-time income or expenses. The PE ratio is one of the more popular measures used for valuing 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.