The Jamaica Stock Exchange closed with lower volume and value of stocks changing hands on Thursday than on Wednesday. Trading ended with the major indices of the Main Market falling, the Junior Market index rising and the JSE USD Market slipping. At the end of trading the prices of 47 shares rose, 39 declined and 21 remained firm.
At the end of the market activity, the JSE Combined Market Index dipped 2,377.08 points to end at 367,345.09, as the All Jamaican Composite Index fell 3,433.08 points to close at 430,559.75, the JSE Main Index dipped 2,624.49 points to settle at 361,598.68, the Junior Market Index rallied 18.43 points to finish at 3,010.19 and the JSE USD Market Index dropped 0.41 points to 279.01.
At the close of trading, 19,887,665 shares were exchanged in all three markets, down from 28,550,754 units on Wednesday, with the value of stocks traded on the Junior and Main markets amounting to $113.4 million, down from $198.98 million on the previous day. Trading on the JSE USD market closed with an exchange of 162,743 shares for US$10,161 compared to 725,559 units at US$44,277 on Wednesday.
In Main Market activity, Transjamaican Highway led with 4.28 million shares, followed by Tropical Battery with 3.32 million stocks and Sagicor Select Financial Fund with 1.31 million units.
In Junior Market trading, Woodcats International led with 1.93 million shares, followed by Atlantic Hardware with 938,829 stocks and Derrimon Trading with 692,316 units.
In Main Market ordinary share movements, among the top winners, GraceKennedy rose $3.75 to $76.00, Scotia Group gained 99 cents to end at $58.00, Massy Holdings popped 73 cents in closing at $71.50, Barita Investments climbed 45 cents to close at $68.45 and Pan Jamaica increased 29 cents and ended at $45.50.
Among the top losers, NCB Financial shed $2.59 to end at $71.90, Eppley Caribbean Property Fund declined by $2.49 to conclude trading at $41.00, Margaritaville dipped $1.50 to end at $11.00, West Indies Petroleum skidded by $1.14 to $8.85 and Sterling Investments lost 54 cents to end at $2.85.
In the Junior Market, among the top winners, Cargo Handlers climbed $1.48 to finish at $17.98, Caribbean Cream increased 40 cents and ended at $1.89, Blue Power rallied 39 cents to end at $3.35, AMG Packaging gained 26 cents in closing at $1.81 and Mailpac Group rose 15 cents to $2.55. Among the top losers, Knutsford Express slipped $1.17 in closing at $6.48, Dolphin Cove fell 35 cents to $14.50, Iron Rock Insurance dropped 34 cents and ended at $1.91, Caribbean Assurance Brokers declined 18 cents to close at $1.15 and Limners and Bards skidded 12 cents to finish at $1.01.
At the close of trading, the PE ratio for the current year, compiled from projected 2026-27 earnings, is 13 and 15 based on 2025 historical earnings. Major one-off income or expenses are excluded from earnings where applicable. The PE ratio is one of the most utilised measures in valuing shares. It is calculated by dividing the stock price by earnings per share. The ICInsider.com PE ratio chart and the daily charts provide investors with regularly updated information to assist in making investment decisions. The PE ratio chart includes all ordinary shares listed on the Jamaica Stock Exchange, grouped by industry and facilitates 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 close to the market or sector averages, and not going too far from it unless compelling reasons exist. This approach reduces emotional bias in 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.