Trading closed Wednesday on the Jamaica Stock Exchange with a fall in the number of shares exchanged, with a lower value than Tuesday, resulting in mixed results for the major indices of the Main Market, with the JSE main index just eking out a few points, to remain positive at the close. The Junior Market index dropped and the JSE USD Market rose. At the end of trading the prices of 42 shares rose, 52 declined and 20 remained firm.
At the close of the market, the JSE Combined Market Index fell 307.31 points to 355,069.42, the All Jamaican Composite Index dropped 1,079.04 points to settle at 407,766.05, the JSE Main Index rallied a mere 7.44 points to wrap up trading at 346,087.15, the Junior Market Index shed 43.65 points to close at 3,364.99 and the JSE USD Market Index rose 1.80 points to 263.95.
At the end of trading, 32,017,566 shares were exchanged in all three markets, down from 65,638,472 units on Tuesday, with the value of stocks traded on the Junior and Main markets amounting to $147.85 million, down from $573.49 million on the previous day. Trading rose sharply on the JSE USD market with an exchange of 2,443,294 shares for US$123,451, up from only 416,369 units at US$27,146 on Tuesday.
In Main Market activity, Transjamaican Highway led with 14.02 million shares followed by Wigton Energy with 2.05 million stocks and JMMB Group 7.35% – 2028 ended with 1.10 million units being traded.
In Junior Market trading, Kintyre Holdings led with 2.19 million shares followed by EduFocal with 1.83 million stocks and Indies Pharma with 1.16 million units.
In the preference segment, Jamaica Public Service 7% rose $4.96 and ended at $43, Jamaica Public Service 9.5% dropped $111 to $2,389, 138 Student Living preference share lost $35 to finish at $204, Productive Business Solutions 10.5% skidded $40 to end at $1,150 and Sygnus Credit Investments 10% sank $11 in closing at $98.
At the close of trading, the market’s PE ratio ended at 14.9, computed using projected 2026-27 earnings and 15.8 based on 2025 earnings excluding 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. ICInsider.com PE ratio chart and the 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.