Trading closed Wednesday after a rise in the volume of stocks traded on the Jamaica Stock Exchange, with a lower value than on Tuesday. Trading resulted in major indices of the Main Market rising, along with the Junior Market index and the JSE USD Market index. At the end of trading, the prices of 40 shares rose, 55 declined and 15 remained firm.
At the close of the market activity, the JSE Combined Market Index advanced 1,825.77 points to end at 381,195.05, the All Jamaican Composite Index climbed up by 2,130.90 points to 449,254.35, the JSE Main Index gained 1,615.50 points to finish at 376,719.18, the Junior Market Index increased 39.16 points to settle at 2,925.57 and the JSE USD Market Index rallied by 13.07 points to a new record high of 309.92.
At the close of trading, 39,731,996 shares were exchanged in all three markets, up from 32,067,994 units on Tuesday, with the value of stocks traded on the Junior and Main markets amounting to $232.09 million, down from $259.85 million on the previous day. Trading on the JSE USD market closed with an exchange of 764,110 shares for US$58,570 compared to 769,895 units at US$61,096 on Tuesday.
In Main Market activity, Transjamaican Highway led with 11.06 million shares, followed by Wigton Energy with 6.58 million stocks and Lasco Distributors with 2.27 million units.
In Junior Market trading, Woodcats International led with 5.20 million shares, followed by Omni Industries with 1.28 million stocks and Atlantic Hardware with 1.24 million units.
In Main Market ordinary share segment, among the top winners, Caribbean Cement rose $2 to $116, Transjamaican Highway rallied $1.42 to a record high of $12.70, Carreras increased 43 cents to end at $35.91, Berger Paints climbed 36 cents to finish at $5.36 and Lasco Distributors rose 32 cents and ended at $3.62.
Among the losers, Guardian Holdings dipped $7 to close at $360.00, Eppley Caribbean Property Fund fell $2.80 to end at $39.20, Sagicor Real Estate Fund shed $2.50 to $6.50, Barita Investments lost $1.50 to finish at $65.50 and West Indies Petroleum skidded $1.29 and ended at $8.60.
The preferred share segment, closed following Sygnus Credit Investments 10% climbed $13 in closing at $113 and Sygnus Credit Investments C10.5% rose $2.51 to end at $107.
In the Junior Market, among the top winners, Access Financial rallied $1.69 and ended at $16.99, Knutsford Express rose 65 cents to end at $7.25, Blue Power advanced 20 cents in closing at $3.30, Main Event gained 17 cents to finish at $4.67 and Jamaican Teas popped 9 cents and ended at $2.17. Among the top losers, ISP Finance declined $1.05 to $7.50, Cargo Handlers lost 40 cents in closing at $17.05, Lumber Depot dropped 33 cents and ended at $2.35, Fontana shed 16 cents to end at $6.11 and Dolphin Cove skidded 15 cents to close at $10.00.
At the close of trading, the PE ratio for the current year, compiled from projected 2026-27 earnings, is 11 and 14.5 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 commonly used 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.