Falling stocks rained down on the Jamaica Stock Exchange on Tuesday as the market pulled back from the month end run up on Monday and closed with a fall in the volume and the value of stocks exchanged, than on Monday, resulting in a sizable drop in the Junior Market index, the Main Market major indices declined sharply and the JSE USD Market dropped. At the end of trading prices of 21 shares rose, 66 declined and 32 remained firm.
The JSE Combined Market Index sank 4,245.54 points to 337,769.85, as the All Jamaican Composite Index dropped 4,984.16 points to 378,196.07, the JSE Main Index declined 3,402.63 points to wrap up trading at 326,701.66, the Junior Market Index sank 138.45 points to end at 3,535.49 and the JSE USD Market Index skidded 8.51 points to 216.33.
At the close of trading, 28,957,821 shares were exchanged in all three markets, down from 56,767,722 units on Monday, with the value of stocks traded on the Junior and Main markets amounting to $110.59 million, down from $475.56 million on the previous day and the JSE USD market closed with an exchange of 161,911 shares for US$40,305 compared to 815,187 units at US$28,912 on Monday.
In Main Market activity, Transjamaican Highway led trading with 15.83 million shares followed by Radio Jamaica with 2.37 million stocks and Sagicor Select Financial Fund with 1.31 million units.
In Junior Market trading, Jamaican Teas led with 1.85 million shares followed by Dolla Financial with 907,116 stocks and JFP Ltd with 372,308 units.
In the preference segment, Eppley 7.75% preference share sank $2.45 to end at $18, Jamaica Public Service 7% declined $5 to $40, 138 Student Living preference share dived $33 to finish at $200 and Sygnus Credit Investments C10.5% dipped $6.05 and ended at $91.
The market’s PE ratio, the most popular measure used to value stocks, ended at 12.8 based on 2024-25 earnings and 20.2 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.