Carib Cement grabs 62% of traded funds



Caribbean Cement accounted for 62 percent of the value of stocks passing through the Jamaica Stock Exchange on Monday. The volume of stocks traded declined sharply from the Innovative Energy-induced trading on Friday. The market closed with all three market indices declining following trading, with prices of 42 shares rising, 42 declining and 23 remaining firm.

At the close of the market, the JSE Combined Market Index increased 1,856.98 points to 324,582.24, the All Jamaican Composite Index gained 1,646.34 points to close at  357,470.53, the JSE Main Index gained 1,982.26 points to finish at 314,469.20, as the Junior Market Index shed 5.62 points to finish at 3,331.88 and the JSE USD Market Index declined 1.19 points to conclude trading at 198.49.
At the close of trading, 15,915,448 shares were exchanged in all three markets, down from 96,350,267 units on Friday, with the value of stocks traded on the Junior and Main markets amounted to $207.11 million, down from $223.05 million on the previous day and the JSE USD market closed with an exchange of 553,286 shares for US$20,101 compared to 26,534 units at US$1,226 on Friday.
In Main Market activity, Transjamaican Highway led trading with 3.85 million shares, followed by Caribbean Cement with 1.27 million stock units and Supreme Ventures with 967,770 units.
In Junior Market trading, Atlantic Hardware led with 862,376 shares, followed by Jamaican Teas with 812,921 stock units and Omni Industries with 734,896 units.
The market’s PE ratio, the most popular measure used to value stocks, averages 14.2 based on 2025-26 earnings and at 14.8 based on 2024 earnings.
The ICInsider.com PE ratio chart and the 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 comparison within a sector and the overall market. The earnings per share (EPS) and PE ratios are based on 2024 actual earnings and 2025 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 to make rational decisions when investing in stocks close to the sector average, not straying 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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