The Main and Junior Markets of the Jamaica Stock Exchange climbed higher at the end of trading Thursday as the JSE USD Market slipped, with a fall in the volume and value of stocks that were exchanged compared with Wednesday, resulting in the prices of 39 shares rising, 38 declining and 26 remaining firm.
At the close of the market, the JSE Combined Market Index climbed 2,501.20 points to 335,319.18, the All Jamaican Composite Index jumped 4,323.53 points to end at 372,231.35, the JSE Main Index rallied 2,486.67 points to wrap up trading at 323,008.02, the Junior Market Index rose 17.18 points to close at 3,686.36 and the JSE USD Market Index dipped 1.05 points to end the day at 228.53.
At the close, 13,725,384 shares were traded in all three markets, down from 13,963,010 units on Wednesday, with the value of stocks traded on the Junior and Main markets amounting to just $43.03 million, down from $62.94 million on the previous day and the JSE USD market closed with an exchange of 786,467 shares for US$21,436 well above the 116,069 units at US$3,778 on Wednesday.
In Main Market activity, JMMB 9.5% preference share led trading with 3.07 million stock units followed by Transjamaican Highway with 2.20 million shares and Wigton Energy with 1.31 million units.
In Junior Market, EduFocal led trading with 1.94 million stocks followed by One Great Studio with 698,920 shares and Derrimon Trading with 575,013 units.
In the preference segment, 138 Student Living preference share plunged $65.31 to close at $255.The market’s PE ratio, the most popular measure used to value stocks, ended at 13.8 based on 2024-25 projected earnings and 20.3 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 includes all the 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 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 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 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 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.
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.