Trading dropped back on Wednesday from Tuesday’s heightened levels on the Jamaica Stock Exchange with a fall in the volume of stocks that were exchanged, with a lower value than on Tuesday and ending with the Main Market major indices and the JSE USD Market falling while the Junior market rose modestly. The market closed with prices of 30 shares rising, 44 declining and 31 remaining firm.
At the close of the market, the JSE Combined Market Index skidded 1,437.46 points to 341,492.07, the All Jamaican Composite Index sank 1,842.72 points to 380,835.63, as the JSE Main Index dropped 1,537.34 points to 329,335.92, the Junior Market Index rose a mere 4.56 points to wrap up trading at 3,703.32 and the JSE USD Market Index dipped 1.13 points to 233.99.
At the close of trading, 10,243,857 shares were exchanged in all three markets, down from 80,019,102 units on Tuesday, with the value of stocks traded on the Junior and Main markets amounted to $67.19 million, down from $141.92 million on the previous day and the JSE USD market closed with an exchange of 127,825 shares for US$3,803 compared to 469,562 units at US$20,129 on Tuesday.
In Main Market activity, Transjamaican Highway led with 2.53 million shares followed by JMMB Group 7.25% preference share due 2024 with 598,495 stocks and Wigton Energy with 461,001 units.
In Junior Market trading, Dolla Financial led with 653,057 shares followed by Lasco Financial with 450,025 stocks and Tropical Battery with 440,815 units.
In the preference segment, Jamaica Public Service 7% shed $3 to end at $40, 138 Student Living preference share climbed $10 to close at $330, Productive Business Solutions 10.5% preference share lost $49.99 to end at $1,050 and Sygnus Credit Investments C10.5% rose $2.38 to $105.The market’s PE ratio, the most popular measure used to value stocks, ended at 13.7 based on 2024-25 earnings and 19.8 based on 2023-24 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
The market closed with an exchange of 469,562 shares for US$20,129 compared with 11,346,663 stocks at US$322,286 on Monday.
Trading surged on the Jamaica Stock Exchange US dollar market on Monday, with a 5,798 percent spike in the volume of stocks traded at a 356 percent greater value than on Friday, following an exchange of more than 11.3 million units of Transjamaican Highway after an exchange of nine securities, compared with eight on Friday with prices of two rising, five declining and two ending unchanged and resulting in the US Denominated Equities Index dropping 11.25 points to 228.70.
The market closed with trading of 7,122,679 shares for $7,747,839, after sliding from 7,960,170 units at $13,236,337 on Monday.
The Junior Market ended trading with an average PE Ratio of 13.3, derived by dividing the last traded price of a stock by the earnings per share. ICInsider.com compiles the PE ratios in this report for companies with their financial year ending around August 2026.
KLE Group sank 14 cents to finish at 90 cents with investors trading 34 shares, Knutsford Express dropped 70 cents and ended at $10.29 in an exchange of 1,616 stocks, Limners and Bards advanced 11 cents to close at $1.03 with traders dealing in 149,436 units. Mailpac Group lost 30 cents to $2.49 after a transfer of 28,552 stock units, Main Event declined 10 cents to finish at $7 as investors exchanged 3,743 shares, Medical Disposables popped 24 cents and ended at $1.34 with 203 stocks crossing the market. Paramount Trading shed 22 cents in closing at $1.06 with an exchange of 25,578 units and Regency Petroleum rallied 6 cents to close at $3.94 with 3,998 stock units changing hands.