Steady trading on Jamaica Stock Exchange


Jamaica Stock Exchange trading closed on Friday with a further fall in the volume of stocks exchanged, with a lower value than on Thursday, resulting in the Main Market major indices falling, the Junior Market index rising and the JSE USD Market falling. At the end of trading, prices of 45 shares rose, 40 declined and 32 remained firm.
At the close of the market, the JSE Combined Market Index dropped 412.81 points to 326,551.85, the All Jamaican Composite Index shed 841.19 points to conclude trading at 363,234.62, at the same time JSE Main Index skidded 499.80 points to settle at 315,759.01, the Junior Market Index eked out a meagre gain of 8.37 points to 3,432.87 and the JSE USD Market Index sank 11.21 points to 212.23. At the close of trading, 13,414,513 shares were exchanged in all three markets, down from 16,691,154 units on Thursday, with the value of stocks traded on the Junior and Main markets amounting to $63.46 million, down from $66.39 million on the previous day. The JSE USD market closed with an exchange of 433,666 shares for US$22,834, down from 870,827 units at US$59,277 on Thursday. In Main Market activity, Transjamaican Highway led with 2.74 million shares, followed by Wigton Energy with 1.0 million stocks and Sagicor Select Financial Fund with 585,733 units. In Junior Market trading, Kintyre Holdings led with 2.28 million shares, followed by ONE on ONE Educational with 1.02 million stocks and RA Williams with 642,818 units. In the preference segment, Jamaica Public Service 7% declined $6.68 and ended at $38 and Sygnus Credit Investments 10% shed $1.01 to close at $99. The market’s PE ratio, the most popular measure used to value stocks, ended at 12.3 based on 2024-25 earnings and 19 based on 2024 historical earnings. The ICInsider.com PE ratio chart and the other 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 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.
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