JSE Main Market rises, Junior & USD stocks slip


The Main Market of the Jamaica Stock Exchange closed higher on Friday with the Junior Market declining moderately following a drop in the volume and value of stocks exchanged than Thursday. At the end of trading, the prices of 46 shares rose, 36 declined and 27 remained firm.

At the close of the market, the JSE Combined Market Index rose by 2,013.93 points to 323,948.31, the All Jamaican Composite Index rallied 2,479.15 points to close at  360,786.78, the JSE Main Index advanced 2,138.17 points to end at 312,991.30, the Junior Market Index declined 3.84 points to end at 3,441.93 and the JSE USD Market Index dipped a mere 0.58 points to wrap up trading at 203.84.
At the close of trading, 22,355,985 shares were exchanged in all three markets, down from 26,092,449 units on Thursday, with the value of stocks traded on the Junior and Main markets amounting to $101.16 million, down from $107.12 million on the previous day and the JSE USD market closed with an exchange of 255,956 shares for US$19,600 compared to 525,864 units at US$12,652 on Thursday.
In Main Market activity, Transjamaican Highway led trading with 9.69 million shares, followed by Wigton Energy with 3.57 million stocks and 138 Student Living with 2.07 million units.
In Junior Market trading, Tropical Battery led with 710,115 shares, followed by Fosrich with 622,637 stocks and Future Energy with 354,171 units.
In the preference segment, Jamaica Public Service 7% popped $1.55 to finish at $43, 138 Student Living preference share advanced $3 and ended at $220, Productive Business Solutions 10.5% sank $10 to $1,080 and Sygnus Credit Investments 10% rose $8.49 in closing at $109.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13.8 based on 2024-25 earnings and 16.3 based on 2024 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 and grouped by industry, allowing for easy comparisons within a sector and the overall market. 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 easily 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, 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