Trading closed Friday on the Jamaica Stock Exchange with a fall in the volume and value of stock that were exchanged, than on Thursday, resulting in the Main Market primary indices rising, the Junior Market and the JSE USD index dropping. At the close, prices of 39 shares rose, 44 declined and 17 remained firm.
The JSE Combined Market Index rose 1,050.93 points to end at 324,436.10, the All Jamaican Composite Index rallied 1,206.10 points to 362,704.98, the JSE Main Index increased 1,324.44 points to end at 313,828.14, the Junior Market Index skidded 29.72 points to 3,399.32 and the JSE USD Market Index fell 2.27 points to end at 208.99.
At the close of trading, 9,884,394 shares were traded in all three markets, down from 18,443,708 units on Thursday, with the value of stocks traded on the Junior and Main markets amounting to just $40.19 million, down from $83.32 million on the previous day. The JSE USD market closed with an exchange of 575,499 shares for US$26,595 compared to 154,487 units at US$26,574 on Thursday.
In Main Market activity, Wigton Energy led with 2.74 million shares, followed by Transjamaican Highway with 1.15 million stocks and Radio Jamaica with 415,940 units.
In Junior Market trading, Jamaican Teas led with 1.57 million shares, followed by One Great Studio with 381,530 stocks and Fosrich with 271,444 units.
In the preference segment, Eppley 7.75% preference share rallied $1.14 to end at $19, Jamaica Public Service 7% dropped $6.49 in closing at $37 and Productive Business Solutions 10.5% increased $10 to $1,160.
The market’s PE ratio, the most popular measure used to value stocks, ended at 1.47 based on 2024-25 earnings and 17 based on earnings for 2024. The ICInsider.com PE chart and the more detailed daily charts provide investors with regularly updated data 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.