The JSE rallied to start week


Trading closed Monday on the Jamaica Stock Exchange, with the major indices of the Main Market benefitted from 35 cents rally in West Indian Petroleum, adding the most to the gins in the indices, followed by a $2.60 jump in Scotiabank and 34 cent rise in Transjamaican Highway, at the same time, the Junior Market index gained, but it was insignificant, while the JSE USD Market climb sharply. The market closed with a rise in the number of stocks traded, with the value lower than on Friday. At the end of trading, the prices of 41 shares rose, 44 declined and 33 remained firm.

At the close of the market, the JSE Combined Market Index gained 2,609.94 points to wrap up trading at 347,387.75, the All Jamaican Composite Index popped 5,195.35 points to 395,624.06, the JSE Main Index advanced 2,726.22 points to 338,406.45, the Junior Market Index increased by 0.15 points to finish at 3,317.30 and the JSE USD Market Index increased 9.59 points to end at 249.86.
At the close of trading, 33,415,045 shares were exchanged in all three markets, up from 31,467,132 units on Friday, with the value of stocks traded on the Junior and Main markets amounted to $147.97 million, down from $248.68 million on the previous day and the JSE USD market closed with an exchange of 847,820 shares for US$93,018 after rising from 725,892 units at US$82,111 on Friday.
In Main Market activity, Transjamaican Highway led with 8.29 million shares, after closing at a record high of $6.35, followed by Wigton Energy with 1.70 million stocks and Sagicor Select Financial Fund with 1.36 million units.
In Junior Market trading, Kintyre Holdings led with 3.75 million shares, followed by Atlantic Hardware with 3.64 million stocks and RA Williams with 1.53 million units.
In the preference segment, 138 Student Living preference share declined $22.99 in closing at $171.
The market’s PE ratio, the most popular measure used to value stocks, ended at 14.3, computed on 2026-27 projected earnings and 15.6 using 2025 historical earnings, excluding major one time income or expense. The ICInsider.com PE ratio chart and the 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.
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 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.

About IC Insider.com