Jamaican stocks at near 4-year high


The Jamaica Stock Exchange delivered the best results in nearly four years with the All Jamaican Composite Index leaping 10,632 points to 4 year high on Friday, with prices of 47 shares rising, 39 declining and 27 remaining firm. Trading ended with the major indices of the Main Market surging, the Junior Market index jumping and the JSE USD Market index inching higher.

At the close of the market, the JSE Combined Market Index surged 8,783.32 points to finish trading on Friday at 360,744.16, the All Jamaican Composite Index jumped 10,632.40 points to close the week at a near 4-year high of 419,073.54, the highest since August 15, 2022. The JSE Main Index rallied 8,646.78 points to 354,542.95, the Junior Market Index rose 71.88 points to 3,030.66 and the JSE USD Market Index gained 1.56 points to end at 240.87.
At the close of trading, 21,517,033 shares were exchanged in all three markets, down from 55,684,158 units on Thursday, with the value of stocks traded on the Junior and Main markets amounting to just $182.45 million, down from a hefty $1.25 billion on the previous day that was helped by a big traded in NCB Group. The JSE USD market closed with an exchange of 215,394 shares for US$21,614 down from 922,462 units at US$57,771 on Thursday.
In Main Market activity, Wigton Energy led trading with 2.04 million shares, followed by Transjamaican Highway with 1.56 million stocks and Caribbean Cement with 943,448 units.
In Junior Market trading, Dolla Financial led with 4.36 million shares, followed by Kintyre Holdings with 3.43 million stocks and Woodcats International with 1.60 million units.
In the preference share segment, Eppley 7.25% preferred share rose by $2.88 in closing at $19, followed by 138 Student Living preference share that dropped by $25 to $175, Productive Business Solutions 10.5% preferred stock popped $42 and  ended at $1,200 and Sygnus Credit Investments C10.5% rose $1.99 to close at $106.
At the close of trading, the PE ratio for the current year, compiled from projected 2026-27 earnings is 12.6 and 14.5 based on 2025 historical earnings. Major one-off income or expenses are excluded from earnings where these apply. The PE ratio is one of the most utilised measures used in valuing shares. It is calculated by dividing the stock price by the company’s earnings per share. The ICInsider.com PE ratio chart and the daily charts provide investors with regularly updated information to assist in making investment decisions. The PE ratio chart includes all ordinary shares listed on the Jamaica Stock Exchange, grouped by industry and facilitates 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 close to the market or sector averages, and not going too far from it unless compelling reasons exist. This approach reduces emotional bias in 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.

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