Trading resumed on Thursday after the closing of the Jamaica Stock Exchange for the Ash Wednesday holiday and ended with a fall in the volume and value of stocks exchanged, following the big trade in Pan Jamaica shares on Tuesday resulting from Boswell Investments splitting their holdings in Pan Jamaica into separate owners. Trading resulted in a slide in major indices and ended trading with the prices of only 30 shares rising, 53 declining and 30 remaining firm.
At the close of the market, the JSE Combined Market Index slipped 648.47 points to conclude trading at 338,190.21, the All Jamaican Composite Index sank 1,140.91 points to end at 379,410.46, the JSE Main Index declined 470.75 points to 327,139.21, the Junior Market Index fell 27.68 points to end at 3,535.74 and the JSE USD Market Index slipped 1.13 points to finish at 222.76.
At the close of trading, 16,802,695 shares were exchanged in all three markets, down from 361,644,788 units on Tuesday, with the value of stocks traded on the Junior and Main markets amounted to $80.27 million well off from $17.35 billion on the previous day and the JSE USD market closed with an exchange of 577,225 shares for US$58,717 up from 233,083 units at US$9,836 on Tuesday.
In Main Market activity, Transjamaican Highway led with 3.29 million shares followed by Wigton Energy with 1.09 million stocks and Sagicor Select Financial Fund with 602,322 units.
In Junior Market trading, Indies Pharma led with 1.07 million shares followed by Everything Fresh with 946,403 stocks and Express Catering with 602,987 units.
In the preference segment, Eppley 7.75% preference share advanced $1.99 to end at $20 and 138 Student Living preference share sank $49.81 in closing at $270.The market’s PE ratio, the most popular measure used to value stocks, ended at 13.6 based on 2024-25 earnings and 19.6 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 the ordinary shares that are quoted on the Jamaica Stock Exchange and 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.
At the end of trading the prices of 32 shares rose, 40 declined and 28 remained firm.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13.8 based on 2024-25 earnings and 19.8 based on 2024 historical earnings. The ICInsider.com PE ratio chart and the other more detailed daily charts provide investors with regularly updated data to assist in decision-making. The PE ratio chart covers all the ordinary shares quoted on the Jamaica Stock Exchange and are grouped by industry, allowing for ease in 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.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13.7 based on 2023-24 earnings and 20 based on 2024-25 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.