JSE markets slip into March


All major indices of the Jamaica Stock Exchange declined to close trading on the first trading day of March. Trading ended, with a rise in the volume of stocks changing hands, but the value declined from Friday’s trading, as the market closed with prices of 38 shares rising, 53 declining and 29 remaining firm.

At the close of the market, the JSE Combined Market Index lost 2,562.29 points to 353,159.01, the All Jamaican Composite Index dropped 4,021.38 points to close at trading at 400,383.26, the JSE Main Index sank 2,641.27 points to 344,057.03, the Junior Market Index slipped 4.89 points to end at 3,368.57 and the JSE USD Market Index dipped 0.23 points to conclude trading at 282.63.
At the close of trading, a total of 71,368,398 shares were exchanged across all three markets, an increase from 59,936,646 units on Friday. RA Williams traded 46 million units, contributing to the total value of stocks traded on the Junior and Main markets, which amounted to $217.23 million—down from $267.55 million the previous day. The JSE USD market concluded with 388,389 shares traded for US$18,723, compared to 966,680 units valued at US$50,432 on Friday. In Main Market activity, Transjamaican Highway led with 5.14 million shares, followed by Carreras with 5.11 million stock million units.
In Junior Market trading, RA Williams led with 46.06 million shares, followed by Kintyre Holdings with 1.77 million stocks and Atlantic Hardware with 1.42 million units.
In the preference segment, Jamaica Public Service 7% shed $5.95 to close at $37, 138 Student Living preferred share increased by $2.70 and finished at $244, Productive Business Solutions 10.5% popped $20 to $1,200 and Sygnus Credit Investments 10% dropped $1.92 to $107.
The market’s PE ratio, the most popular measure used to value stocks, finished at 15.1, which is calculated using projected 2026-27 earnings and 15.8 based on 2025 historical earnings, excluding any major one-time income or expense. The ICInsider.com PE ratio chart and the more detailed daily charts provide investors with regularly updated information to assist 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 stock markets. The chart should be used to help with decision-making, when investing around the average of a sector, not going too far from it unless compelling reasons exist. This approach helps to remove emotions from investment decisions and place them on fundamentals, without straying far from the majority of investors. Investors who buy stocks near the average will not be inclined to 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 shows daily changes in stock prices and the percentage year to date price movement 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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