Trading activity dropped back on Wednesday, following the close of the Jamaica Stock Exchange, but not before RA Williams dominated trading for a second day, with an exchange of 44 million shares, following 351 million units traded on Tuesday. At the close, the volume and value of stocks that changed hands fell below that on Tuesday. At the close, all major market indices declined, with prices of 35 shares rising, 36 declining and 36 remaining firm.
At the close of the market, the JSE Combined Market Index sank 2,374.92 points to end at 322,631.92, the All Jamaican Composite Index shed 3,493.96 points to end at 359,801.55, the JSE Main Index declined 2,270.65 points to finish at 311,691.44, mean while the Junior Market Index shed 28.38 points to settle at 3,431.61 and the JSE USD Market Index shed 0.26 points to 204.47.
At the close of trading, 70,303,119 shares were exchanged in all three markets, down from 365,871,810 units on Tuesday, with the value of stocks traded on the Junior and Main markets amounted to $94.52 million, down from $233.07 million on the previous day and the JSE USD market closed with an exchange of 106,960 shares for US$15,796, down from 497,159 units at US$23,827 on Tuesday.
In Main Market activity, Wigton Energy led trading with 6.23 million shares, followed by Transjamaican Highway with 2.75 million stocks and Sagicor Select Manufacturing & Distribution Fund with 1.52 million units.
In Junior Market trading, RA Williams led with 43.95 million shares, followed by Mailpac Group with 9.05 million stocks and ONE on ONE Educational with 1.72 million units.
In the preference segment, Jamaica Public Service 7% fell $6.66 to end at $37.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13.6 based on 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 regularly updated data to help 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 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.