The JSE Main & Junior markets surged


Stocks displayed very bullish moves on the Jamaica Stock Exchange on Friday, with the prices of 53 shares rising, 32 declining and 29 remained firm, pushed by a rise in the volume of stocks traded, but with a lower value than on Thursday, resulting in major indices of the Main Market and the Junior Market index surging and the JSE USD Market declining.

At the close of the market, the JSE Combined Market Index popped 4,611.48 points to 355,681.02, the All Jamaican Composite Index surged 6,066.86 points to close at 407,345.70, the JSE Main Index jumped 4,167.59 points to conclude trading at 346,738.50, the Junior Market Index spiked 87.13 points to close at 3,363.46 and the JSE USD Market Index slipped 10.20 points to settle at 265.43.
At the close of trading, 32,404,491 shares were exchanged in all three markets, up from 26,882,956 stock units on Thursday, with the value of stocks traded on the Junior and Main markets amounted to $154.29 million, down from $220.8 million on the previous day. The JSE USD market closed with an exchange of 203,979 shares for US$7,961 compared to 558,299 units at US$24,736 on Thursday.
In Main Market activity, Sagicor Select Financial Fund led trading with 5.47 million shares followed by Supreme Ventures with 3.40 million stocks and Transjamaican Highway with 2.09 million units.
In Junior Market trading, Stationery and Office Supplies led with 3.05 million shares, followed by Derrimon Trading with 2.18 million stocks and Fosrich with 2.03 million units.
In the preference segment, Jamaica Public Service 7% dropped $6.85 to end at $36 and Productive Business Solutions 10.5% rallied $40 in closing at $1,190.
At the close of trading, the market’s PE ratio ended at 15, and is computed using projected 2026-27 earnings and 15.9 based on 2025 earnings, and excludes any major one-time income or expense. The PE ratio is one of the most popular measures used for valuing shares and is calculated by dividing the stock price by the company’s earnings per share. The ICInsider.com PE ratio chart and the more detailed daily charts provide investors with regularly updated information to assist decision-making. The PE ratio chart includes all ordinary shares listed on the Jamaica Stock Exchange, grouped by industry, with 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 in decision-making, especially when investing around the sector average, and not going too far from it unless compelling reasons exist. This approach reduces emotion from investment decisions and places them on fundamentals, without straying far from the majority of investors. Investors who buy stocks near the average will not be inclined to 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 shows daily changes in stock prices and 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.

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