All three Jamaica Stock Exchange markets closed the month higher on Monday following a fall in the volume and value of stocks traded compared to Friday, which was dominated by the trading of two big blocks of Elite Diagnostics shares. Trading ended with the prices of 55 shares rising, 35 declining and 25 remaining firm and resulted in the major indices of the Main, the Junior and the JSE USD Markets all rising.
At the end of the market activity, the JSE Combined Market Index rallied by 1,407.95 points to close at 378,617.87, the All Jamaican Composite Index popped 658.34 points to end at 444,952.20, the JSE Main Index rose by 1,329.07 points to finish at 373,456.26, the Junior Market Index climbed by 19.11 points to 3,001.17 and the JSE USD Market Index popped 2.09 points to finish at 321.17.
At the close of trading on the last day of August, 70,310,030 shares were exchanged in all three markets, down from 131,771,450 units on Friday, with the value of stocks traded on the Junior and Main markets amounting to $228.37 million, down from $351.1 million on the previous day. Trading on the JSE USD market closed with an exchange of 1,186,972 shares for US$82,527 compared to 1,152,520 units at US$117,982 on Friday.
In Main Market activity, Wigton Energy led trading with 26.12 million shares, followed by Transjamaican Highway with 7.84 million stocks and Radio Jamaica with 4.60 million units.
In Junior Market trading, Derrimon Trading led with 3.92 million shares, followed by Fosrich with 3.68 million stocks and ONE on ONE Educational with 2.92 million units.
In Main Market ordinary share movements, Pan Jamaica increased $2 in closing at $46.00, Sagicor Group popped $1.70 to $42.00, Sagicor Real Estate Fund rallied $1.19 to end at $9.99, Mayberry Group rose $1 and ended at $6.20 and Eppley advanced 95 cents to finish at $35.95.
Among the top losers, Barita Investments declined $2.89 to close at $65.01, NCB Financial shed $1.50 to $68.50, Sygnus Real Estate Finance dropped $1.29 to $7.30, Quantas Advantage lost 80 cents to finish at $15.90 and West Indies Petroleum slipped 76 cents and ended at $9.17.
In the preference share segment, Jamaica Public Service 7% fell by $5.18 to $29, 138 Student Living preference share climbed $16.95 to finish at $250 and Sygnus Credit Investments C10.5% fell $1.82 and ended at $103.
In the Junior Market, among the top winners, Access Financial gained $1.19 to end at $19.80, on small volume, Cargo Handlers climbed 90 cents in closing at $16.40, Caribbean Cream rose 47 cents to a 52 weeks’ high of $2.80, Fontana climbed 29 cents in closing at $6.49 and Blue Power increased 25 cents to $3.50. Among the top losers, Honey Bun dipped 63 cents and ended at $5.35, Jetcon Corporation fell 21 cents to finish at $3.77, Limners and Bards skidded 10 cents to end at $1.00, Regency Petroleum lost 9 cents to $4.30 and Indies Pharma shed 6 cents to close at $2.65.
At the close of trading, the PE ratio for the current year, compiled from projected 2026-27 earnings, is 14 and 16.3 based on 2025 historical earnings. Major one-off income or expenses are excluded from earnings where applicable. The PE ratio is one of the most used measures in valuing shares. It is calculated by dividing the stock price by earnings per share. The ICInsider.com PE ratio chart and the all daily charts provide investors with regularly updated information to assist in making investment decisions. The PE ratio chart includes all ordinary shares listed on the Jamaica Stock Exchange, grouped by industry and facilitates easy comparisons within sectors and the overall market.
Pertinent information is needed to navigate the numerous options in the stock market. The chart should be used to help in decision-making, especially when investing close to the market or sector averages, and not straying too far from it unless compelling reasons exist. This approach reduces emotional bias in investment decisions and places them on fundamentals, without straying far from the majority of investors. Investors who buy stocks near the average will not overpay. The net asset value of each company is incorporated into the chart. Investors can use this measure in assessing stock values. The chart also includes daily changes in stock prices and the percentage year to date price movements based on the last traded price. Dividends that are paid or 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 the market activity, the JSE Combined Market Index popped 1,289.89 points to finish at 377,209.92, at the same time the All Jamaican Composite Index climbed 2,804.47 points to end at 444,293.86, the JSE Main Index climbed 1,308.61 points to settle at 372,127.19, the Junior Market Index climbed 5.38 points to finish at 2,982.06 and the JSE USD Market Index declined 4.62 points to 319.08.
Among the top losers, Proven Investments dropped $1.30 to close at $9.05, Scotia Group lost $1.20 to end at $58.20, NCB Financial shed 99 cents to finish at $70.00, Jamaica Producers declined 92 cents and ended at $20.52 and Mayberry Group fell 90 cents to end at $5.20.
At the end of the market activity, the JSE Combined Market Index climbed 1,232.72 points to end at 375,920.03, but the All Jamaican Composite Index fell by 1,242.31 points to close at 441,489.39, the JSE Main Index popped 981.69 points to 370,818.58, the Junior Market Index advanced a solid 40.98 points to finish at 2,976.68 and the JSE USD Market Index rallied by 2.36 points to settle at 323.70.
Among the top losers, Kingston Wharves slipped $2 to close at $32.00, Pan Jamaica fell $2 to $44.00, West Indies Petroleum dipped $1.23 to end at $9.02, NCB Financial lost $1.01 to end trading at $70.99 and Seprod dropped $1 to close at $73.00.
The market ended with, the JSE Combined Market Index falling 3,059.82 points to 374,687.31, the All Jamaican Composite Index dipped 4,195.71 points to close at 442,731.70, the JSE Main Index lost 3,432.24 points toend trading at 369,836.89, the Junior Market Index rallied by 30.92 points to end trading at 2,935.70 and the JSE USD Market Index rallied 1.81 points to settle at 321.34.
Among the top losers, Barita Investments dropped $4.80 to end at $63.00, AS Bryden fell $1.55 to $23.43, Carreras declined 50 cents to finish at $33.00, NCB Financial shed 50 cents and ended at $72.00 and 138 Student Living dropped by 32 cents in closing at $2.58.
Company results for Main Market listed companies continue to show encouraging outcomes for the year, auguring well for increased stock prices for the balance of the year, barring any negative developments in the economy that could derail the market.
Among the top losers, Guardian Holdings slipped $7 to finish at $348.00, Kingston Wharves lost $3.50 and ended at $31.00, Pan Jamaica fell by $2 to $42.00, Sagicor Group shed 50 cents in closing at $40.00 and Mayberry Group declined 45 cents to end at $5.10.
The JSE Combined Market Index dropped 4,183.40 points to close at 372,956.53, wthe the All Jamaican Composite Index shed 3,721.63 points to finish at 441,397.24, the JSE Main Index declined 4,392.23 points to close at 368,399.71, the Junior Market Index increased 2.26 points to end at 2,886.01 and the JSE USD Market Index fell 1.32 points to finish at 315.77.
In the Junior Market, among the top winners, Access Financial gained $1.41 to finish at $18.59, Dolphin Cove increased 50 cents and ended at $10.50, Knutsford Express climbed by 35 cents to $7.50, Atlantic Hardware rose by 23 cents in closing at $1.47 and Honey Bun advanced 16 cents to close at $6.16.
The market closed with 17,802,017 shares trading worth $126,875,104 after a fall from 332,532,212 stocks at $3,115,456,830 on Thursday.
The Main Market closed with an average PE of 15.2. ICInsider.com compiles the JSE Main Market PE ratios based on last traded prices and earnings forecasts for the fiscal year ending around August 2026.
Pan Jamaica skidded $5.98 to close at $40.02 after an exchange of 11,065 stock units, Quantas Advantage jumped $1.55 to $16.55 with a transfer of 101 stocks, Sagicor Group slipped 90 cents to end at $40.10 with 23,476 shares changing hands. Scotia Group climbed 51 cents and ended at $57.50 with 132,796 stocks crossing the market and Supreme Ventures dropped 69 cents to $17.20 with investors dealing in 154,772 units.
At the end of the market activity, the JSE Combined Market Index fell 1,251.71 points to 377,139.93, with the All Jamaican Composite Index slipping by 593.47 points to finish at 445,118.87, the JSE Main Index dipped by 1,212.13 points to 372,791.94, as the Junior Market Index declined by 12.92 points to 2,883.75 and the JSE USD Market Index rallied 3.91 points to finish at 317.09.
The ordinary shares of the Main Market closed after, Caribbean Cement increased $7.43 to end at $114.43, Quantas Advantage popped $1.55 to close at $16.55, Jamaica Broilers rallied by 75 cents to close at $13, Kingston Properties rose 69 cents to finish at $11.99 and Scotia Group rose by 51 cents and ended at $57.50. Among the top losers, Guardian Holdings lost $25 to close at $340, Pan Jamaica dipped $5.98 to $40.02, Jamaica Producers fell $2.90 to end at $18.60, Barita Investments slipped $2 in closing at $64.00 and Carreras skidded $1.10 to finish at $33.90.
The market closed with 332,532,212 shares trading for $3,115,456,830, after soaring from 16,125,027 stock units, with a value of $178,956,658 on Wednesday.
The Main Market ended trading with an average PE Ratio of 15.7. ICInsider.com compiles the JSE Main Market PE ratios based on last traded prices and earnings forecasts for companies with the fiscal year ending around August 2026.
Pan Jamaica advanced by $2 and ended at $46 after a transfer of 1,866 stock units, Sagicor Group gained 90 cents to close at $41 with investors trading 28,579 units, Sagicor Real Estate Fund rose 75 cents and settled at $8.75 with a transfer of 845 shares. Supreme Ventures rallied by 44 cents to $17.89 with 14,724 shares passing through the market and West Indies Petroleum increased 79 cents to finish at $9.93 in an exchange of 320,026,211 stock units.