Stock prices pulled back across the board, as is the case at the start of a new month following the usual end-of-month window dressing. At the end of trading on the Jamaica Stock Exchange on Thursday, prices of 28 shares rose, 51 declined and 25 remained firm following a fall in the volume and value of stocks exchanged compared with Wednesday, resulting in indices of all three markets of the exchange declining.
At the end of trading the, the JSE Combined Market Index shed 3,555.91 points to wrap up trading at 335,534.35, the All Jamaican Composite Index dived 5,041.82 points to 372,957.21 while the JSE Main Index dropped by 3,392.92 points to end at 324,860.99, the Junior Market Index shed 43.13 points to 3,474.71 and the JSE USD Market Index fell 4.71 points to end at 221.45.
At the close of trading, 19,854,556 shares were exchanged in all three markets, down sharply from 50,435,322 units on Wednesday, with the value of stocks traded on the Junior and Main markets amounting to $78.81 million, down appreciably from $183.95 million on the previous day and the JSE USD market closed with an exchange of 645,488 shares for US$23,415, well below the 6,757,426 units at US$185,982 on Wednesday.
In Main Market activity, Transjamaican Highway led with 10.51 million shares followed by Radio Jamaica with 1.19 million stocks and Wigton Energy with 625,781 units.
In Junior Market trading, Kintyre Holdings led with 1.54 million shares followed by Jamaican Teas with 524,003 stocks and MFS Capital Partners with 467,831 units.
In the preference segment, Jamaica Public Service 7% popped $7.99 in closing at $45 and 138 Student Living preference share dipped $22.84 to $242.
The market’s PE ratio, the most frequently used measure in valuing stocks, ended at 12.7 based on 2024-25 earnings and 19.2 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 each 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.