JSE Main Market plunges, Juniors rise


Led by a 10 percent fall in the price of West Indies Petroleum 29 stocks fell on the Main Market with just 12 rising in driving the Jamaica Stock Exchange Main Market index sharply lower on Wednesday, the Junior Market index rose and the JSE USD Market index declined, at the end of trading with the prices of 31 shares rising, 52 declining and 26 remaining firm. Trading closed with a rise in volume and value of stocks exchanged over that on Tuesday.

At the close of the market, the JSE Combined Market Index shed 5,306.08 points to end at 351,420.13, the All Jamaican Composite Index declined by 6,951.35 points to 397,711.10, the JSE Main Index dropped 5,655.23 points to 342,314.31, the Junior Market Index rallied 14.88 points to 3,358.54 and the JSE USD Market Index fell 6.53 points to 262.68.
At the close of the market, 41,686,186 shares were traded in all three markets, up from 25,150,043 units on Tuesday, with the value of stocks traded on the Junior and Main markets rising to $221 million, up from $82.81 million on the previous day. The JSE USD market closed with an exchange of 2,237,272 shares for US$79,651 compared to 645,573 units at US$308,181 on Tuesday.
In Main Market activity, selling pressure resulted with Transjamaican Highway leading trading with 11.20 million shares, followed by Wigton Energy with 5.10 million stocks and Carreras with 2.12 million units.
In Junior Market trading, Kintyre Holdings led with 6.47 million shares, followed by Dolla Financial with 5.63 million stocks and Fosrich with 1.61 million units.
In the preference segment, Eppley 7.75% preference share lost $1.97 to end at $18, 138 Student Living preference share popped $23.99 and ended at $244 and Productive Business Solutions 10.5% skidded $165 to finish at $965.
The market’s PE ratio, the most popular measure used to value stocks, ended at 14.4, computed on 2026-27 earnings and 15.4 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 help decision-making. The PE ratio chart covers all ordinary shares listed on the Jamaica Stock Exchange, grouped by industry, and allows for easy comparisons within a sector and the overall market.
Pertinent information is required to navigate the 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 and not straying too far, 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 stocks when prices are close to the average will not be 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 are 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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