Jamaican Teas was today’s market leader with nearly 22 million shares traded followed by Transjamaican Highway with just under 7 million units with trading picking up sharply on Wednesday on the Jamaica Stock Exchange with a solid rise in the volume and the value of stocks exchanged over Tuesday. Trading resulted in the Main Market major indices rising, the Junior Market index sliding and the JSE USD Market falling. At the end of a more hectic trading session, the prices of 43 shares rose, 52 declined and 20 remained firm.
At the close of the market, the JSE Combined Market Index popped 962.50 points to 339,993.28, the All Jamaican Composite Index rallied 1,414.29 points to conclude trading at 379,906.26, the JSE Main Index rose 1,321.74 points to 328,633.64, the Junior Market Index fell 42.04 points to end at 3,587.95 and the JSE USD Market Index dropped 2.68 points to conclude trading at 209.87.
At the close of trading, 66,136,701 shares were exchanged in all three markets, up significantly from 29,668,815 units on Tuesday, with the value of stocks traded on the Junior and Main markets amounting to $341.15 million, up sharply from $125.93 million on the previous day and the JSE USD market closed with an exchange of 277,858 shares for US$9,056 compared to 261,203 units at US$13,692 on Tuesday.
In Main Market activity, Transjamaican Highway led with 6.73 million shares following the release of a prospectus for the sale of 2.5 billion shares at $3.60 each, that opens next week. Kingston Wharves was next with 5.92 million stocks and Wigton Energy with 4.96 million units.
In Junior Market trading, Jamaican Teas led with 21.75 million shares followed by Lasco Financial with 5.85 million stocks and ONE on ONE Educational with 4.72 million units.
In the preference segment, Jamaica Public Service 7% increased by $6.80 and ended at $45 and 138 Student Living preference share climbed $49.44 to $309.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13.4 based on 2024-25 earnings and 19.6 based on 2023-24 historical earnings. The ICInsider.com PE ratio chart and the other more detailed daily charts provide investors regularly updated information to help decision-making. The PE ratio chart covers all of the ordinary shares that are listed on the Jamaica Stock Exchange and ae 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.