Majors slide, Juniors rise on the JSE


Trading closed Thursday on the Jamaica Stock Exchange with a fall in the volume of stocks exchanged, carrying a greater value than on Wednesday and ending in prices of 43 shares rising, 39 declining and 24 remaining firm, resulting in the Main Market major indices and the JSE USD Market indices declining, with the Junior Market index rising.

At the close of the market, the JSE Combined Market Index sank 697.54 points to end at 321,934.38, the All Jamaican Composite Index declined by 1,493.92 points to 358,307.63, the JSE Main Index dropped by 838.31 points to 310,853.13, the Junior Market Index rallied by 14.16 points to 3,445.77 and the JSE USD Market Index shed 0.05 points to 204.42.
At the close, 26,092,449 shares were exchanged in all three markets, down from 70,303,119 units on Wednesday, with the value of stocks traded on the Junior and Main markets amounted to $107.12 million, up from $94.52 million on the previous day and the JSE USD market closed with an exchange of 525,864 shares for US$12,652 compared to 106,960 units at US$15,796 on Wednesday.
In Main Market activity, Transjamaican Highway led with 5.82 million shares, followed by Wigton Energy with 1.24 million stocks and Sagicor Select Financial Fund with 1.23 million units.
In Junior Market trading, ONE on ONE Educational led with 8.95 million shares, followed by Image Plus with 457,627 stocks and Jetcon Corporation with 381,419 units.
In the preference segment, Jamaica Public Service 7% gained $5.11 to close at $42, Productive Business Solutions 10.5% dipped $35 to $1,090, Sygnus Credit Investments 10% sank $8.69 in closing at $101 and Sygnus Credit Investments C10.5% slipped $1.50 to finish at $106.
The market’s PE ratio, the most popular measure used in valuing stocks, ended at 13.8 based on the 2024-25 earnings and 16.1 based on 2024 earnings.
The ICInsider.com PE ratio chart and the other, more detailed daily charts provide investors with updated data 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 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 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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