Trading picked up on the Jamaica Stock Exchange on Wednesday, with a rise in the volume and value of stocks exchanged compared to Tuesday, resulting in the Main Market major indices sliding, the Junior Market and the JSE USD Market indices rising. At the end of trading, the prices of 35 shares rose, 45 declined and 26 ended unchanged, a vast improvement over Tuesday when the prices of 21 shares rose, 66 declined and 32 remained firm.
At the close of the market, the JSE Combined Market Index dipped 1,348.46 points to 336,421.39, the All Jamaican Composite Index skidded 2,749.97 points to finish at 375,446.10, the JSE Main Index dropped 1,665.25 points to close at 325,036.41, while the Junior Market Index climbed 34.11 points to end at 3,569.60 and the JSE USD Market Index rose 1.86 points to 218.19.
At the close of trading, 59,690,075 shares were exchanged in all three markets, up from 28,957,821 units on Tuesday, with the value of stocks changing hands on the Junior and Main markets amounted to $157.41 million, well above the $110.59 million on the previous day and the JSE USD market closed with an exchange of 441,767 shares for US$12,713 compared with 161,911 units at US$40,305 on Tuesday.
In Main Market activity, Transjamaican Highway led trading with 11.27 million shares followed by JMMB Group 10% preferred shares with 10.08 million stocks and Sagicor Select Financial Fund with 8.30 million units.
In Junior Market trading, Regency Petroleum led with 17.02 million shares followed by Kintyre Holdings with 3.40 million stocks and ONE on ONE Educational with 1.70 million stock units.
In the preferred segment, Eppley 7.25% preferred share slipped $2.99 to close at $17, 138 Student Living preference share climbed $30 to $230 and Sygnus Credit Investments C10.5% rose $14 to end at $105.
The market’s PE ratio, the most popular measure used to value stocks, ended at 12.6 based on 2024-25 earnings and 20.06 based on 2024 historical 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 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 deviating 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 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 market closed with trading of 6,318,830 shares for $12,174,798, steeply down from 20,549,503 units at $46,764,453 on Monday.
At the close of the market, Access Financial popped $1.02 to finish at $17.42 with 675 shares changing hands, AMG Packaging rallied 38 cents and ended at $3.10 with a transfer of 143 stock units, CAC 2000 dipped 50 cents to close at $2.15 after an exchange of 1,172 stocks. Caribbean Assurance Brokers rose by 10 cents in closing at $2.88 with investors dealing in 109,086 shares, Derrimon Trading sank 11 cents to close at $1.89 with 310,090 stock units switching owners, Dolla Financial skidded 9 cents to end at $2.56 with traders dealing in 907,116 shares. Dolphin Cove climbed 39 cents in closing at $16.50 with 10,685 stocks crossing the market, EduFocal lost 5 cents to close at 28 cents in trading 372,255 units, Fontana declined 6 cents and ended at $9.43 with 64,064 stock units passing through the market. Fosrich fell 7 cents to end at $2.73 with investors swapping 83,366 shares, Future Energy dropped 11 cents to close at $3.19 with an exchange of 203,913 stock units, GWest Corporation sank 14 cents to finish at $1.10 after investors ended trading 4,000 units. Honey Bun rose 9 cents and ended at $7.99 with 822 stocks crossing the exchange, 
Image Plus slipped 9 cents to $1.12 with investors trading 323,126 shares, Indies Pharma shed 7 cents to end at $4.10 with 93,565 stock units. Iron Rock Insurance dropped 30 cents in closing at $3.60 after an exchange of 4,059 stocks, Jamaican Teas shed 30 cents to close at $2.49 with investors trading 1,849,686 units, Jetcon Corporation advanced 5 cents to finish at $1.20 in an exchange of 11,000 shares. Knutsford Express declined 33 cents and ended at $14.16 with 1,526 units crossing the market, Limners and Bards sank 11 cents to $1.08, with investors exchanging 148,502 stocks, Lumber Depot gained 6 cents to close at a 52 weeks; high of $3.05 after a transfer of 56,791 stock units. Main Event dipped $2.68 to finish at $9.31 with 9,549 shares being transferred, Medical Disposables lost 26 cents to end at $1.49 in an exchange of 400 units, Omni Industries slipped 11 cents in closing at 91 cents with investors dealing in 229,671 stocks. Regency Petroleum fell 30 cents to $3.30 with 16,805 stock units crossing the exchange and Stationery and Office Supplies skidded 5 cents in closing at $1.59 in trading 26,433 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The JSE Combined Market Index sank 4,245.54 points to 337,769.85, as the All Jamaican Composite Index dropped 4,984.16 points to 378,196.07, the JSE Main Index declined 3,402.63 points to wrap up trading at 326,701.66, the Junior Market Index sank 138.45 points to end at 3,535.49 and the JSE USD Market Index skidded 8.51 points to 216.33.
The market’s PE ratio, the most popular measure used to value stocks, ended at 12.8 based on 2024-25 earnings and 20.2 based on 2024 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.
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.
Fosrich, Gwest Corporation, Indies Pharma, Jamaican Teas as well as Regency Petroleum all closed at 52 weeks’ highs. ISP Finance ended at a 52 weeks’ closing low and Paramount Trading hit a 52 weeks’ intraday low of 80 cents.
The Junior Market ended trading with an average PE Ratio of 14.9, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
Image Plus climbed 8 cents to finish at $1.21 after an exchange of 1,051,220 stocks, Indies Pharma gained 34 cents to end at a 52 weeks. High of $4.17 with investors trading 1,227,483 units. ISP Finance skidded $1.03 to a 52 weeks’ low of $15 in an exchange of 2,931 shares, Jamaican Teas popped 26 cents and ended at $2.79 with investors dealing in 438,694 stocks, Jetcon Corporation climbed 14 cents in closing at $1.15 with a transfer of 60,853 units. Knutsford Express rose 69 cents to finish at $14.49 with 9,888 shares crossing the exchange, Limners and Bards rallied 5 cents to end at $1.19 after a transfer of 1,100 stocks, Mailpac Group increased 19 cents to close at $2.50 after closing with an exchange of 1,519,761 shares. Medical Disposables sank 13 cents to $1.75 with an exchange of 6,774 shares, Omni Industries advanced 11 cents and ended at $1.02 after 48,288 stocks passed through the market, Regency Petroleum gained 25 cents to close at $3.60 with 1,194,355 units changing hands and Tropical Battery dipped 10 cents to end at $2.40 in trading 5,219 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Since 2010, around 60 companies have listed shares on the JSE with new shares to the public. The vast majority of them split the shares to facilitate meeting the JSE rules or for greater liquidity of the shares. One would have thought that qualified accountants would by now be fully conversant in computing the correct number of shares and the average where applicable, thus computing the correct earnings per share. That is not the case. The JSE gets and vets financial reports and is clueless about what is happening with many of the financial reports put out by companies. If they did, they would not allow Omni Industries to report critical information that is incorrect in their financials for three quarters without revisions, now the audited statements have also incorrectly reported it.
The critical factor is that the earnings per share are overstated. This is crucial as many investors use EPS to value stocks. The market average is now around 15 2024 earnings, so at 9 cents, some may consider the stock to be undervalued at 94 cents, it traded today. If the correct EPS of 5 cents is used, the stock would be valued at nearly 21 times 2024 earnings and is well above the market average, too vastly different pictures.
The JSE Combined Market Index surged by 4,678.69 points to end at 342,015.39, the All Jamaican Composite Index jumped 5,173.84 points to end at 383,180.23, the JSE Main Index climbed 4,365.05 points to finish at 330,104.29, the Junior Market Index popped 70.39 points to end trading at 3,673.94 and the JSE USD Market Index declined 2.04 points to 224.84.
The market’s PE ratio, a frequently used measure to value stocks, ended at 15 based on 2024-25 earnings and 20.7 using 2024 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 on the Jamaica Stock Exchange and are grouped by industry, allowing investors to made 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.
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 market closed with trading of 11,738,756 shares for $19,977,567 compared with 13,245,591 units at $24,563,567 on Thursday.
At the close, Access Financial climbed 16 cents to close at $16.55 with investors dealing in just 264 stock units, Blue Power dipped 49 cents to $5.10 after an exchange of 3,259 stocks, CAC 2000 rose 16 cents in closing at $2.65 with 2,745 shares crossing the market. Cargo Handlers rallied 74 cents to end at $11.24 after a transfer of 328 stock units, Caribbean Assurance Brokers popped 14 cents to finish at $2.78 in switching ownership of 3,450 shares, Caribbean Cream gained 17 cents and ended at $2.60 with 5,348 units crossing the market. Dolla Financial sank 15 cents to $2.60 with an exchange of 189,474 stocks, Dolphin Cove increased $1.39 and ended at $17.49 after 8,541 stock units passed through the market, Elite Diagnostic advanced 9 cents to close at $1.60 with a transfer of 14,289 shares. Fontana dropped 7 cents to finish at $9.43 after an exchange of 72,755 units, Fosrich rose 5 cents to end at $2.45 with investors trading 691,177 stocks, GWest Corporation rallied 13 cents in closing at $1.09 in an exchange of 185,169 stock units. Indies Pharma increased 17 cents to $3.83 with 111,394 shares changing hands, 
Iron Rock Insurance climbed 87 cents to end at $3.88 in an exchange of 46 stocks, Jamaican Teas popped 5 cents in closing at $2.53 with investors trading 1,457,877 units. Knutsford Express gained 50 cents to close at $13.80 with 5,544 stock units clearing the market, Mailpac Group shed 14 cents to finish at $2.31 in trading 200,245 shares, Medical Disposables advanced 34 cents and ended at $1.88 with 3,008 stock units crossing the exchange. Omni Industries declined 8 cents to end at 91 cents with traders dealing in 30,502 units, RA Williams sank 5 cents to close at 63 cents as investors exchanged 1,048,525 stocks, Spur Tree Spices slipped 5 cents in closing at $1.35 with an exchange of 308,906 units and Stationery and Office Supplies rose 19 cents to finish at $1.60 with investors swapping 7,879 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading resulted in all major indices in the three markets rising following the prices of 44 shares rising, 31 declining and 32 remaining firm.
The market’s PE ratio, the most popular measure used to value stocks, ended at 12.7 based on 2024-25 earnings and 20.5 based on 2024 historical 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 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.
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 market closed with trading of 13,245,591 shares for $24,563,567 compared to 15,529,234 units at $24,827,930 on Wednesday.
At the close of the market, AMG Packaging popped 40 cents and ended at $3.10 in an exchange of 7,913 stocks, CAC 2000 rallied 14 cents to $2.49 trading 603 units, Caribbean Assurance Brokers sank 19 cents to close at $2.64 after an exchange of just 164 shares. Caribbean Cream increased 22 cents in closing at $2.43 with investors trading 4,000 stock units, Dolla Financial popped 15 cents to finish at $2.75 with 148,196 shares changing hands, Dolphin Cove dropped $1.79 to end at $16.10 and closed with 4,327 stocks changing hands. Everything Fresh rose 13 cents to $2.03 in an exchange of 284,786 units, Express Catering gained 10 cents to end at $2.88 with 57,724 stock units clearing the market, Fontana advanced 26 cents in closing at a 52 weeks’ high of $9.50 after a transfer of 111,010 shares. Future Energy lost 13 cents to close at $3.17 with traders dealing in 201,691 stocks, GWest Corporation popped 5 cents and ended at 96 cents as investors exchanged 131,026 units, 
Indies Pharma dipped 23 cents to finish at $3.66 with a transfer of 52,032 stock units. Iron Rock Insurance sank 89 cents to $3.01 with investors dealing in 2,939 shares, Jetcon Corporation dropped 8 cents in closing at $1.01 after an exchange of 355 stocks, Knutsford Express gained $1.27 and ended at $13.30 with investors trading 109 units. Lasco Financial rose 5 cents to end at $1.64 with 9,909 units passing through the market, MFS Capital Partners fell 5 cents to finish at 40 cents with an exchange of 112,602 shares, Paramount Trading declined 5 cents to close at $1 with 61,401 stocks crossing the market. Regency Petroleum rallied 12 cents to $3.37 with 126,349 units switching owners and Stationery and Office Supplies shed 10 cents to finish at a 52 weeks’ low of $1.41 with 292,087 stock units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the end of trading, prices of 47 shares advanced, 34 declined and 30 remained firm, resulting in the JSE Combined Market Index skidding 151.96 points to close at 336,012.10, the All Jamaican Composite Index declining 181.27 points to finish at 376,545.07, the JSE Main Index dropping 510.35 points to close at 324,484.66. The Junior Market Index rose 46.94 points to end at 3,586.13 and the JSE USD Market Index skidded 0.79 points to 214.37.
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 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.