JSE Main & Junior markets drop on Friday


Trading closed Friday on the Jamaica Stock Exchange with a rise in the volume of stocks exchanged, with a lower value than on Thursday, and ending with the major indices of the Main Market and the Junior Market index declining and the JSE USD Market rising. At the close of a day of moderate price movements, trading ended with prices of 45 shares rising, 44 declining and 23 remaining firm.

At the close of the market, the JSE Combined Market Index slipped 559.79 points to land at  350,825.64, the All Jamaican Composite Index fell 1,426.84 points to settle at 399,596.28, the JSE Main Index skidded 264.42 points to 341,705.72, the Junior Market Index declined 42.62 points to finish at 3,357.29 and the JSE USD Market Index increased 3.68 points to 273.48.
At the close of trading, at the close of the week, 39,863,889 shares were exchanged in all three markets, up from 36,262,347 units on Thursday, with the value of stocks traded on the Junior and Main markets amounting to $99.62 million, down from $127.06 million on the previous day. The JSE USD market closed with an exchange of 583,059 closed in a surprise move, with Tropical Battery leading trading with 14.52 million shares followed by Transjamaican Highway with 2.01 million stocks on the eve of a dividend consideration by the company and Sagicor Select Financial Fund closed with an exchange of 960,113 units.
In Junior Market trading, Woodcats International led with 10.89 million shares, as trading interest in the stock abates, followed by Dolla Financial with 2.02 million stocks and Future Energy with 1.46 million units.
In the preference segment, 138 Student Living preference share gained $27 to end at $225.
At the close of trading on Friday, the market’s PE ratio ended at 14.6, computed using projected 2026-27 earnings just below 15.7 based on the 2025 historical earnings, and excludes major one-time income or expense. The PE ratio is one of the most popular measures 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 more detailed daily charts provide investors with regularly updated information to assist 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 in decision-making, especially when investing around the sector average, 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 be inclined to 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 shows 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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