JSE USD market rises, Main & Junior fall


Trading was swollen on the Jamaica Stocks Exchange with Indies Pharma exchanging just over 35 million of the 47,271,948 shares exchanged in all three markets on Wednesday, up from 24,026,098 units on Tuesday. The Main Market and the Junior Market indices slid as the JSE USD Market made slight gains. At the end of trading the prices of 36 shares rose, 39 declined and 35 remained firm.

Trading ended with the JSE Combined Market Index dropping 1,431.53 points to finish at 334,067.19, the All Jamaican Composite Index declining 1,307.11 points to 374,532.12, the JSE Main Index falling 1,419.05 points to end at 323,378.55. The Junior Market Index slipped 10.38 points to conclude trading at 3,462.25 and the JSE USD Market Index rose 3.29 points to 236.90.
The value of stocks traded on the Junior and Main markets amounted to $285.29 million, up from $75.24 million on Tuesday and the JSE USD market closed with an exchange of 259,595 shares for US$117,525 compared to 742,788 units at US$92,365 on Tuesday.
In Main Market activity, JMMB Group 7.35% – 2028 led with 2.38 million shares followed by Transjamaican Highway with 1.73 million stocks and Wigton Energy with 986,326 units.
In Junior Market trading, Indies Pharma dominated with 35 million shares followed by Kintyre Holdings with 1.31 million stocks and Derrimon Trading with 938,026 stock units.
In the preference segment, 138 Student Living preference share dropped $18.48 to $294 and Sygnus Credit Investments C10.5% sank $4.94 to close at $97.
The market’s PE ratio, the most popular measure used to value stocks, ended at 12.6 based on 2024-25 earnings and 19.6 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 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.

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