Trading closed Thursday on the Jamaica Stock Exchange with a rise in the volume of stocks changing hands, with a greater value than on Wednesday, resulting in major indices of the Main Market falling, the Junior Market index and the JSE USD Market rising. At the end of trading, prices of 42 shares rose, 42 declined and 26 remained firm.
At the close of the market, the JSE Combined Market Index sank 2,438.63 points to finish at 354,260.69, the All Jamaican Composite Index skidded by 2,905.87 points to 408,442.00, the JSE Main Index declined 2,656.27 points to 346,780.55, the Junior Market Index rose 13.96 points to end at 3,160.70 while the JSE USD Market Index rallied by 1.52 points to close at 265.83.
At the close of the market, 35,632,408 shares were exchanged in all three markets, up from 29,433,271 units on Wednesday, with the value of stocks traded on the Junior and Main markets amounting to $282.08 million, up from $74.16 million on the previous day. The JSE USD market closed with an exchange of 347,887 shares for US$16,393, compared to 1,030,861 units at US$36,196 on Wednesday.
In Main Market activity, Kingston Wharves led the market with 5.02 million shares being traded, followed by Transjamaican Highway with 2.37 million stocks and Supreme Ventures with 2.04 million units.
In Junior Market trading, Jamaican Teas led with 10.63 million shares, followed by Jetcon Corporation with 3.01 million stocks and Derrimon Trading with 2.63 million units.
In the preference segment, 138 Student Living preference share slipped $15 to finish at $205, Productive Business Solutions 10.5% lost $10 to $1,090 and Sygnus Credit Investments C10.5% declined $1.94 to close at $108.
At the close of trading, the market’s PE ratio ended at 15.3. The PE is computed using projected 2026-27 earnings and 14.8 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.