The Main and the Junior Market bounced at the close of the Jamaica Stock Exchange on Thursday following a rise in the number of stocks that were exchanged, but with a slightly lower value than on Wednesday, resulting in the prices of 34 shares rising, 39 declining and 38 remaining firm and ending with the Main Market major indices rising, the Junior Market index rallying and the JSE USD Market falling.
At the close of the market, the JSE Combined Market Index popped 1,157.07 points to 326,964.66, the All Jamaican Composite Index gained 1,669.61 points to wrap up trading at 364,075.81, the JSE Main Index increased by 1,068.01 points to end at 316,258.81, the Junior Market Index rose 18.58 points to finish at 3,424.50 and the JSE USD Market Index declined 0.53 points to 223.44.
At the close of trading, 16,691,154 shares were exchanged in all three markets, up from 15,258,252 units on Wednesday, with the value of stocks traded on the Junior and Main markets amounted to $66.39 million, down from $85.37 million on the previous day and the JSE USD market closed with an exchange of 870,827 shares for US$59,277 down from 3,246,465 units at US$123,728 on Wednesday.
In Main Market activity, Sagicor Select Financial Fund led trading with 2.85 million shares, followed by Transjamaican Highway with 2.83 million stocks and Wigton Energy with 1.69 million units.
In Junior Market trading, ONE on ONE Educational led with 2.30 million shares, followed by Derrimon Trading with 2.12 million stocks and Stationery and Office Supplies with 545,315 units.
In the preference share segment, Jamaica Public Service 7% rose $8.50 to end at $45, Productive Business 10.5% preference share shed $5.97 to $1,035 and Sygnus Credit Investments 10% climbed $9.99 to finish at $100.
The market’s PE ratio, the most popular measure used to value stocks, ended at 12.2 based on 2024-25 earnings and 19 based on 2024 historical earnings. 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. The earnings per share (EPS) and PE ratios are based on 2024 and 2025 actual or projected earnings, excluding any major one time income or expense.
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 at the same time 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 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.