Trading closed Wednesday on the Jamaica Stock Exchange with a solid rise in the volume and value of stocks exchanged than on Tuesday, resulting in all markets declining and ending with the prices of 42 shares rising, 33 declining and 37 remaining firm.
At the close of the market, the JSE Combined Market Index declined by 769.63 points to 336,164.06, the All Jamaican Composite Index shed 2,002.36 points to end trading at 376,726.34, the JSE Main Index dropped 680.33 points to finish at 324,995.01, as the Junior Market Index fell 16.61 points to conclude trading at 3,539.19 and the JSE USD Market Index shed 15.32 points to 215.16.
At the close of trading, 46,250,652 shares were exchanged in all three markets, up from 28,138,536 units on Tuesday, with the value of stocks traded on the Junior and Main markets amounted to $150.29 million, up from $105.99 million on the previous day and the JSE USD market closed with an exchange of 1,108,531 shares for US$101,391 compared to 1,129,940 units at US$134,480 on Tuesday.
In Main Market activity, JMMB Group 10% preferred shares led with 10.42 million shares followed by Wigton Energy with 7.78 million stocks and Transjamaican Highway with 4.40 million units.
In Junior Market trading, ONE on ONE Educational led with 4.86 million shares followed by Jamaican Teas with 2.27 million stocks and Kintyre Holdings with 1.86 million units.
In the preference segment, Jamaica Public Service 7% rose $3.55 to $45.
The market’s PE ratio, the most popular measure used to value stocks, ended at 12.8 based on 2024-25 earnings and 19.7 based on 2024 historical earnings. The ICInsider.com PE ratio chart and the other more detailed charts are posted daily to provide investors with regularly updated information to help decision-making. The PE ratio chart covers all the ordinary shares listed on the Jamaica Stock Exchange and 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 2025 actual or projected earnings, excluding any 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 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.