Main Market rise others fall

Main Market stocks gained while the Junior and JSE USD markets closed lower on the Jamaica Stock Exchange on Wednesday following moderately higher trading than on Tuesday, resulting in prices of 25 shares rising and 39 declining.
At the close of trading, the JSE Combined Market Index climbed 1,242.59 points to 318,094.54, the All Jamaican Composite Index popped 2,605.48 points to close at 350,215.10 and the JSE Main Index rallied 1,598.32 points to conclude trading at 305,973.86. The Junior Market Index dropped 40.55 points to end at 3,555.52 and the JSE USD Market Index fell 2.28 points to settle at 221.53.
At the close of trading, 13,211,746 shares were exchanged in all three markets, just up from13,105,016 units on …day, with the value of stocks traded on the Junior and Main markets, amounting to $78.94 million, just ahead of the $75.30 million on the previous trading day and the JSE USD market closed with an exchange of 76,828 shares for US$34,980 compared to 358,439 units at US$7,128 on Tuesday.
In Main Market activity, Wigton Windfarm led trading with 1.71 million shares followed by Transjamaican Highway with 1.22 million units and GraceKennedy ended with 491,914 stock units.
In Junior Market trading, JFP Ltd led trading with 2.32 million shares followed by EduFocal with 1.92 million units and Omni Industries with 953,276 stock units.
In the preference segment, no stock traded with a notable price change.
The market’s PE ratio, the most popular measure used to value stocks, ended at 18.9 on 2023-24 earnings and 12.9 times those for 2024-25 at the close of trading. ICInsider.com PE ratio chart and more detailed daily charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons within a sector and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The ICInsider.com PE ratio chart and more detailed daily charts provide investors with regularly updated information to help decision-making.
The chart should be used in making rational decisions when investing in stocks close to the average for the sector, 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.