Trading levels dropped sharply on Monday compared with Friday on the Jamaica Stock Exchange and ended with rising stocks pushing the Main Market indices higher at the close at the same time that the Junior Market and JSE USD Market Indices declined with prices of 30 shares rising, 54 declining and 28 remaining firm.
At the close of the market, the JSE Combined Market Index climbed 1,741.14 points to 348,497.55, the All Jamaican Composite Index advanced 2,550.43 points to end at 388,944.62, while the JSE Main Index rose 1,899.29 points to end at 336,118.40, the Junior Market Index lost 10.47 points to close at 3,775.78 after trading above 3,800 points in the morning session and the JSE USD market slipped 3.46 points to end at 241.51.
At the close of trading, 8,400,039 shares were exchanged in all three markets, down from 40,699,662 units on Friday, with the value of stocks traded on the Junior and Main markets amounted to just $39.95 million, down from $253.59 million on the previous day and the JSE USD market closed with an exchange of 169,339 shares for US$9,714 well short of the 249,958 units at US$17,257 on Friday.
In Main Market activity, Transjamaican Highway led trading with 1.76 million shares followed by Radio Jamaica with 1.10 million stocks and Wigton Energy with 423,488 units.
In Junior Market trading, Kintyre Holdings led with 451,123 shares followed by One Great Studio with 437,158 stocks and EduFocal with 418,499 units.
In the preference segment, Jamaica Public Service 7% sank $2.50 in closing at $41, 138 Student Living preference share lost $20.38 to close at $224 and Productive Business Solutions 10.5% preference share dropped $63 to finish at $1,050.The market’s PE ratio, the most popular measure used to value stocks, ended at 14 based on 2024-25 projected earnings and 20.4 based on estimated 2024 earnings. The ICInsider.com PE ratio chart and the other more detailed daily charts provide investors with regularly updated information to help in decision-making. The PE ratio chart covers all the ordinary shares that are listed on the Jamaica Stock Exchange grouped into industries, allowing for an easy comparison 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.
