Trading was robust on the Jamaica Stock Exchange on Friday with a near doubling in the volume of stocks changing hands with a value surging well over that on Thursday as Kingston Wharves led the market with shares worth $494 million, resulting in Main Market major indices dropping, as the Junior Market index clawed back more than half the loss suffered on Thursday and the JSE USD Market rose marginally. At the close of trading, the prices of 44 shares rose, 41 declined and 33 remained firm.
At the close of the market, the JSE Combined Market Index dipped 1,747.35 points to 333,496.05, the All Jamaican Composite Index dropped 2,518.92 points to finish at 369,206.77, the JSE Main Index sank 2,097.30 points to settle at 321,450.95, the Junior Market Index rose 36.02 points to close trading at 3,639.76 and the JSE USD Market Index popped 0.08 points higher to conclude trading at 229.66.
At the close of trading, 37,176,497 shares were exchanged in all three markets, up sharply from 24,519,187 units on Thursday, with the value of stocks traded on the Junior and Main markets amounted to $576.4 million, well above the $89.26 million on the previous day and the JSE USD market closed with an exchange of 566,050 shares for US$37,617 compared to 118,803 units at US$8,042 on Thursday.
In Main Market activity, Kingston Wharves led trading with a healthy volume of 19.38 stocks followed by Wigton Energy with 5.59 million shares and Transjamaican Highway with 5.11 million units.
In Junior Market trading, Kintyre Holdings led with 511,162 stocks followed by Fosrich with 256,386 shares and Tropical Battery with 221,030 units.
In the preference segment, Jamaica Public Service 7% sank $1.95 to finish at $42.The market’s PE ratio, the most popular measure used to value stocks, ended at 13.9 based on 2024-25 earnings and 20.2 based on 2023-24 historical earnings. The ICInsider.com PE ratio chart and other more detailed daily charts provide investors with regularly updated information to help decision-making. The PE ratio chart covers all ordinary shares 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 2024 actual or projected earnings, excluding 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.
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.
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 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 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.