JSE Main market rise, Juniors & USD markets fall


Main Market stocks pushed the Jamaica Stock Exchange higher on Friday as the Junior and USD markets slipped, resulting from a fall in the volume of stocks exchanged, but with a greater value than on Thursday, resulting in the prices of 41 shares rising, 38 declining and 30 remaining firm, as the market closed with big gains in Sagicor Group, Caribbean Cement, Jamaica Broilers, AS Bryden, Guardian Holdings and NCB Financial.

At the close of the market, the JSE Combined Market Index climbed 413.66 points to 335,948.01, the All Jamaican Composite Index fell 377.21 points to 372,580.00, the JSE Main Index rallied 518.99 points to wrap up trading at 325,379.98, the Junior Market Index slipped 10.68 points to end at 3,464.03 and the JSE USD Market Index declined 2.29 points to 219.16.
At the close of trading, 12,148,264 shares were exchanged in all three markets, down from 19,854,556 units on Thursday, with the value of stocks traded on the Junior and Main markets amounted to $116.35 million, up from just $78.81 million on the previous day and the JSE USD market closed with an exchange of 99,850 shares for US$12,828 down from 645,488 units at US$23,415 on Thursday.
In Main Market activity, Transjamaican Highway led with 2.81 million shares, followed by Massy Holdings with 991,704 stock units and Sygnus Credit Investments with 423,982 units.
In Junior Market trading, Derrimon Trading led with 1.21 million shares, followed by Kintyre Holdings with 1.11 million stocks and EduFocal with 649,030 units.
In the preference segment, Sygnus Credit Investments C10.5% skidded $6.50 to finish at $95.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13 based on 2024-25 earnings and 19.4 based on 2024 historical earnings. The ICInsider.com PE ratio chart and the other daily charts that provide investors with regularly updated information to help in decision-making. The PE chart covers all ordinary shares that are 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.

About IC Insider.com