JSE Main Market drops, Juniors edged higher


Trading jumped Friday on the Jamaica Stock Exchange with a rise in the volume of stocks changing hands, at a greater value than on Thursday, resulting in the prices of 24 shares rising, 49 declining and 34 remained firm and sending the major indices of the Main Market lower, the Junior Market index inching higher and the JSE USD Market climbing, as Lasco Manufacturing delivered the bulk of the stocks traded.

At the close of the market, the JSE Combined Market Index skidded 2,521.45 points to 345,946.63, the All Jamaican Composite Index dropped 4,794.25 points to end at 394,557.06, the JSE Main Index dived 2,646.24 points to conclude trading at 337,082.52, the Junior Market Index rose 1.13 points to end at 3,293.48 and the JSE USD Market Index rallied 8.92 points to conclude trading at 268.67.
At the close of trading, 33,968,413 shares were exchanged in all three markets, up from 24,700,490 units on Thursday, with the value of stocks traded on the Junior and Main markets amounted to $210.08 million, up from $125.76 million on the previous day and the JSE USD market closed with an exchange of 1,391,099 shares for US$63,452 compared to 262,300 units at US$15,870 on Thursday.
In Main Market activity, Lasco Manufacturing led with 8.19 million shares, followed by Transjamaican Highway with 7.96 million stocks and Wigton Energy with 3.21 million units.
In Junior Market trading, Kintyre Holdings led with 4.86 million shares, followed by Jetcon Corporation with 1.0 million stocks and Woodcats International with 626,804 units.
In the preferred share segment, 138 Student Living preference share rallied $10 to $216 and Productive Business Solutions 10.5% popped $50 to $1,200.
At the close of trading activities, the market’s PE ratio ended at 15.8. The PE is computed using projected 2026-27 earnings and 14.8 based on 2025 historical earnings, excluding major one-time income or expenses. The PE ratio is one of the most popular measures used 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 detailed daily charts provide investors with regularly updated information to assist in 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 to help in decision-making, especially when investing around the market or sector averages, 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 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 includes 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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