JMMB Group 10 percent preference share dominated trading on Thursday on the Jamaica Stock Exchange, with just over $179 million shares with a value of $357 million, pushing the volume and value substantially higher than on Wednesday, with a total of 212,251,283 shares being exchanged in all three markets, well over the 46,250,652 units on Wednesday, with the value climbing to $495.52 million, up from $150.29 million on the previous day and the JSE USD market closed with an exchange of 1,881,720 shares for US$213,579 compared to 1,108,531 units at US$101,391 on Wednesday.
At the end of trading, prices of 47 shares advanced, 34 declined and 30 remained firm, resulting in the JSE Combined Market Index skidding 151.96 points to close at 336,012.10, the All Jamaican Composite Index declining 181.27 points to finish at 376,545.07, the JSE Main Index dropping 510.35 points to close at 324,484.66. The Junior Market Index rose 46.94 points to end at 3,586.13 and the JSE USD Market Index skidded 0.79 points to 214.37.
In Main Market activity, JMMB Group 10% preferred shares led trading with 179.48 million shares followed by Wigton Energy with 8.50 million stocks and Transjamaican Highway with 3.78 million units.
In Junior Market trading, ONE on ONE Educational led with 3.24 million shares followed by Derrimon Trading with 2.68 million stocks and Fosrich with 2.61 million units.
In the preference segment, 138 Student Living preference share lost $30 to finish at $200.
The market’s PE ratio, the most popular measure used to value stocks, ended at 12.8 based on 2024-25 earnings and 19.8 based on 2024 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, 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.