Trading closed Friday on the Jamaica Stock Exchange with the volume and value of stocks exchanged, lower than on Thursday, resulting in the Main Market major indices and the Junior Market index rising and the JSE USD Market falling. At the end of trading the prices of 38 shares rose, 44 declined and 22 remained firm.
At the close of the market, the JSE Combined Market Index increased 1,749.51 points to wrap up trading at 345,648.35, the All Jamaican Composite Index increased by 2,396.34 points to finish at 385,186.28, the JSE Main Index gained 1,694.68 points to 333,720.00, the Junior Market Index rallied 17.98 points to end at 3,698.28 and the JSE USD Market Index dipped 1.85 points to 232.95.
At the close of the market a total of 13,821,859 shares were exchanged in all three markets, down from 107,270,423 units on Thursday, with the value of stocks traded on the Junior and Main markets amounted to $72.77 million, down sharply from $427.02 million on the previous day and the JSE USD market closed with an exchange of 295,634 shares for US$24,284 a steep fall from 590,745 units at US$30,825 on Thursday.
In Main Market activity, Wigton Energy led with 2.01 million shares followed by Transjamaican Highway with 1.44 million stocks and Sagicor Select Financial Fund with 1.01 million units.
In Junior Market trading, Everything Fresh led with 1.11 million shares followed by Kintyre Holdings with 781,787 stocks and One Great Studio with 436,178 units.
In the preference segment, Jamaica Public Service 7% declined $1.50 in closing at $41.50, Jamaica Public Service 9.5% climbed $265 to $2,696 and 138 Student Living preference share increased $9.14 to finish at $264.14.The market’s PE ratio, the most popular measure used to value stocks, ended at 14 on 2024 earnings and 20.6 based on 2023-23 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 and 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
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 to assess 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.
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.