Newly listed Quantas Advantage declined below the IPO price while NCB Financial hit a new yearly high of $70, with the stock gaining 94 percent for the year to date. Trading closed on the Jamaica Stock Exchange after a fall in the volume of stocks traded, but with a greater value than on Monday. Trading resulted in major indices of the Main Market, the Junior Market and the JSE USD Market indices rising. At the end of trading, the prices of 36 shares rose, 42 declined and 25 remained firm.
At the end of market activity, the JSE Combined Market Index popped 889.77 points to end at 365,627.46, the All Jamaican Composite Index climbed by 1,247.07 points to 427,850.58, the highest for the year, the JSE Main Index rallied 922.09 points to settle at 359,585.22, the Junior Market Index rose 1.14 points to 3,039.10 and the JSE USD Market Index gained 2.72 points to wrap up trading at 247.12.
At the close of trading, 18,010,913 shares were exchanged in all three markets, down from 54,214,016 units on Monday, with the value of stocks traded on the Junior and Main markets amounting to $271.85 million, up from $157.32 million on the previous day. Trading on the JSE USD market closed with an exchange of 435,339 shares for US$184,279 compared to 135,178 units at US$9,177 on Monday.
In Main Market activity, Sagicor Select Financial Fund led with 4.13 million shares, followed by Transjamaican Highway with 3.75 million stocks and Pan Jamaica with 3.0 million units.
In Junior Market trading, Woodcats International led with 809,460 shares, followed by Atlantic Hardware with 791,001 stocks and One Great Studio with 350,034 units.
In Main Market ordinary share movements, the top winners are NCB Financial, climbing $3.55 to $70, Seprod rallying by $1.90 to $77.90, Carreras popping $1.50 to end at $30, GraceKennedy gaining $1.34 to end at $72.32 and Sygnus Real Estate Finance rising 50 cents to close at $10.00.
The top losers include newly listed Quantas Advantage, down by $1.46 and ending at $18.00, below the $19.394 the shares were issued at in the IPO, Jamaica Producers lost $1 to end at $23.00, West Indies Petroleum shed $1 in closing at $9.75, AS Bryden dropped 75 cents to $23.50 and Wisynco Group skidded 54 cents to end at $19.66.
In the preference segment, Sygnus Credit Investments C10.5% climbed $6.50 in closing at $107.
In the Junior Market, top winners include, Main Event gained 53 cents in closing at $5.28, Jetcon Corporation rose 20 cents to finish at $3.20, Lumber Depot climbed 15 cents and ended at $2.57, Dolla Financial advanced 12 cents to close at $2.92 and Stationery and Office Supplies rose 12 cents to $1.66. Among the top losers are, Dolphin Cove declining 90 cents to close at $10.60, Fontana shedding 59 cents to $6.15, while Limners and Bards lost 16 cents to end at $1.02, Knutsford Express skidded 15 cents in closing at $7.60, Lasco Financial slipped 14 cents and ended at $1.91.
At the close of trading, the PE ratio for the current year, compiled from projected 2026-27 earnings is 10.7 and 13.1 based on 2025 historical earnings. Major one-off income or expenses are excluded from earnings where applicable. The PE ratio is one of the most utilised measures in valuing shares. It is calculated by dividing the stock price by earnings per share. The ICInsider.com PE ratio chart and the daily charts provide investors with regularly updated information to assist in making investment decisions. The PE ratio chart includes all ordinary shares listed on the Jamaica Stock Exchange, grouped by industry and facilitates 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 close to the market or sector averages, and not going too far from it unless compelling reasons exist. This approach reduces emotional bias in 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.