Trading closed Wednesday on the Jamaica Stock Exchange with a rise in the volume of stocks that were exchanged, at a lower value than on Tuesday, resulting in the major indices, the Main Market falling, the Junior Market index rising and the JSE USD Market slipping mildly. At the end of trading, the prices of 34 shares rose, 45 declined and 29 remained firm.
At the close of the market, the JSE Combined Market Index declined 3,971.97 points to wrap up trading at 350,810.67, the All Jamaican Composite Index shed 3,568.80 points to 400,277.39, the JSE Main Index sank 4,165.03 points to 341,511.82, the Junior Market Index rose a mere 1.93 points to end at 3,380.86 and the JSE USD Market Index slipped 0.70 points to settle at 286.14.
At the close of trading, 27,606,444 shares were exchanged in all three markets, up from 23,520,150 units on Tuesday, with the value of stocks traded on the Junior and Main markets amounting to $128.04 million, down from $274.7 million on the previous day. The JSE USD market closed with an exchange of 558,881 shares for US$46,365 compared to 653,047 units at US$34,987 on Tuesday.
In Main Market activity, Wigton Energy led trading with 3.51 million shares, followed by Transjamaican Highway with 2.29 million shares and Sagicor Select Financial Fund with 1.17 million units.
In Junior Market trading, Kintyre Holdings led with 8.90 million shares, followed by Fosrich with 1.43 million stocks and Mailpac Group with 670,000 units.
In the preference segment, 138 Student Living preference shares sank $4.29 to finish at $235.
The market’s PE ratio, one of the most popular measures used in valuing shares, finished at 15. The PE ratio is calculated using projected 2026-27 earnings and 15.8 based on 2025 historical earnings, excluding any major one-time income or expense.
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.