Stocks mostly fell in trading on the Jamaica Stock Exchange on Thursday, with prices of 37 shares rising, 56 declining and 27 remaining firm, with falling volume and value of stocks that changed hands, and resulting in the major indices of the Main Market declining, the Junior Market index falling and the JSE USD Market climbing.
At the close of the market, the JSE Combined Market Index dipped by a mere 175.80 points to 354,819.79, the All Jamaican Composite Index sank 2,856.23 points to end at 402,575.60, the JSE Main Index slipped a mere 38.98 points to 345,816.24, the Junior Market Index declined 19.51 points to finish at 3,365.37 and the JSE USD Market Index popped 3.10 points to close at 268.20, up 26.4 percent for the year to date.
A total of 57,492,691 shares were exchanged in all three markets, down from 64,024,891 units on Wednesday, with the value of stocks traded on the Junior and Main markets amounted to $397.62 million, just below the $415.68 million on the previous day. The JSE USD market closed with an exchange of 3,285,230 shares for US$265,998, compared to 390,129 units at US$78,195 on Wednesday.
In Main Market activity, Transjamaican Highway led with 11.81 million shares followed by NCB Financial with 4.84 million stocks and Wigton Energy with 1.83 million units.
In the Junior Market trading, Kintyre Holdings led with 7.22 million shares followed by ONE on ONE Educational with 4.31 million stock units and Dolla Financial closed with trading in 3.73 million units.
In the preference segment, Jamaica Public Service 9.5% dipped $396.50 to $2,202.
The market’s PE ratio, the most popular measure used to value stocks, ended at 14.5 compiled using projected earnings for 2026-27 and 15.6 based on 2025 historical earnings, excluding any major one time income or expense. 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.
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 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 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.