JSE markets falter, Juniors at 5 year low


Jamaica Stock Exchange trading activity jumped sharply on Wednesday, compared to Tuesday with the volume more than twice that on Tuesday and value surging 455 percent, resulting in the major indices of the Main Market slipping, the Junior Market index declining and the JSE USD Market rising. At the end of trading the prices of only 35 shares rose, 46 declined and 24 remained firm.

At the close of the market, the JSE Combined Market Index lost 202.13 points to close trading at 355,051.26, the All Jamaican Composite Index slipped 138.75 points to end at 410,076.22, the JSE Main Index dipped 33.99 points to end at 347,975.67, the Junior Market Index shed 23.55 points to finish at 3,111.85, the lowest in more than five years and the JSE USD Market Index popped 2.21 points to settle at 274.41.
At the close of the market, 29,457,762 shares were exchanged in all three markets, up from 13,612,841 units on Tuesday, with the value of stocks traded on the Junior and Main markets amounted to $470.4 million, up from $84.79 million on the previous day and the JSE USD market closed with an exchange of 355,844 shares for US$18,142 compared to 118,617 units at US$8,845 on Tuesday.
In Main Market activity, GraceKennedy led with 5.27 million shares followed by JMMB 9.5% with 3.71 million stocks and Transjamaican Highway with 3.58 million units.
In Junior Market trading, Kintyre Holdings led with 4.94 million shares followed by Omni Industries with 1.15 million stocks and Derrimon Trading with 730,895 units.
In the preference segment, Sygnus Credit Investments C10.5% rallied $3 and ended at $104.
At the close of trading, the market’s PE ratio ended at 14.5. The PE is computed using projected 2026-27 earnings and 14.7 based on 2025 historical earnings, excluding major one-time income or expenses. The PE ratio is one of the more popular measures used for valuing shares and is calculated by dividing the stock price by the company’s earnings per share. The ICInsider.com PE ratio chart and the detailed daily charts provide investors with regularly updated information to assist in decision-making. The PE ratio chart includes all ordinary shares listed on the Jamaica Stock Exchange, grouped by industry, with easy comparisons within sectors and the overall market.
Pertinent information is needed to navigate the numerous options in the stock market. The chart should be used to help in decision-making, especially when investing around the market or sector averages, and not going too far from it unless compelling reasons exist. This approach reduces emotion from investment decisions and places them on fundamentals, without straying far from the majority of investors. Investors who buy stocks near the average will not overpay. The net asset value of each company is incorporated into the chart. Investors can use this measure in assessing stock values. The chart also includes daily changes in stock prices and percentage year to date price movements based on the last traded price. Dividends that are paid or 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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