JSE USD soars 24% in 2026, Main Market up 7.5%


Trading climbed on the Jamaica Stock Exchange on Tuesday with an increase in the volume and value of stocks that changed hands, compared with Monday, resulting in all the major market indices rising, with the Main market index hitting a new 2026 high with a gain of 7.5 percent and the JSE USD Market Index climbing a solid 23.6 percent as the Junior Market Index remains below 2025 close, with a fall of 1.5 percent. The market ended with prices of 47 shares rising, 37 declining, and 31 remaining firm.

At the close of the market, the JSE Combined Market Index rallied 3,631.08 points to 351,018.83, the All Jamaican Composite Index popped 4,541.72 points to finish at 400,165.78, the highest closing point since the start of January 2023. The JSE Main Index rallied 3,559.98 points to 341,966.43, the Junior Market Index rallied 31.60 points to 3,348.90 and the JSE USD Market Index popped 12.34 points to end at 262.20.
At the close of trading, 42,161,746 shares were exchanged in all three markets, up from 33,415,045 units on Monday, with the value of stocks traded on the Junior and Main markets amounted to $152.54 million, up from $147.97 million on the previous day. The JSE USD market closed with an exchange of 1,178,513 shares for US$67,962 compared to 847,820 units at US$93,018 on Monday.
In Main Market activity, Transjamaican Highway led with 13.22 million shares, with the stock reaching a record high of $7 in the morning session of trading, followed by Wigton Energy with 1.82 million stocks and Sagicor Select Financial Fund with 886,000 units.
In Junior Market trading, Kintyre Holdings led with 9.65 million shares followed by Dolla Financial with 6.04 million stocks and Derrimon Trading with 944,282 units.
In the preference segment, Productive Business Solutions 10.5% advanced $10 to $1,130.
The market’s PE ratio, the most popular measure used to value stocks, ended at 14.4 based on 2026-27 earnings and .15.3 based on 2025-26 historical earnings. The ICInsider.com PE ratio chart and the other more detailed daily charts provide investors with regularly updated information to help in 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 2025 and 2026 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 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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