NCB Financial closed above $40 on Tuesday, recovering from a recent low of $27.50 last week. Caribbean Cement gained $5 to be the leading price mover on the Jamaica Stock Exchange for the day, with trading resulting in a lower volume of stocks exchanged, with a much lower value than on Monday, and ending with gains in the majority of prices, leading to rises in the Main Market indices and the Junior Market index, with the JSE USD Market slipping marginally. At the end of trading, the prices of 32 shares rose, 26 declined and 25 remained firm.
At the close of the market, the JSE Combined Market Index rose 3,052.35 points to end at 322,116.81, the All Jamaican Composite Index rose 2,361.17 points to wrap up trading at 358,438.45, the JSE Main Index rallied 2,847.83 points to finish at 310,829.22, the Junior Market Index increased a solid 45.84 points to 3,474.42 and the JSE USD Market Index shed 0.93 points to settle at 205.00.
At the close of trading, just 6,437,374 shares were exchanged in all three markets, down from 48,894,360 units on Monday, with the value of stocks traded on the Junior and Main markets amounting to $59.07 million, down sharply from $187.36 million on the previous day and the JSE USD market closed with an exchange of a miniscule 36,279 shares for US$1,844, down from 219,406 units at US$8,853 on Monday.
In Main Market activity, Transjamaican Highway led with 1.95 million shares followed by Wigton Energy with 967,739 stocks and Supreme Ventures with 634,681 units.
In Junior Market trading, Regency Petroleum led with 469,825 shares, followed by Future Energy with 297,994 stocks and Image Plus with a mere 90,000 units.
The market’s PE ratio, the most popular measure used in the valuation of stocks, ended trading at 13.2 based on 2024-25 earnings and 16.2 on 2024 earnings.
The ICInsider.com PE ratio chart and the other daily charts provide information to help in the making of investment decisions. The PE ratio chart covers all of the ordinary shares that are listed on 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 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 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.