The level of trading doubled on the Jamaica Stock Exchange on Tuesday compared to Monday, with prices of 39 shares rising, 38 declining and 25 closing firm and resulting in the Main Market primary indices and the Junior Market index declining and the JSE USD Market rising.
The market closed with Main Market activity, resulting in Transjamaican Highway leading trading with 2.23 million shares, followed by Scotia Group with 1.53 million units and Wigton Energy with 1.38 million stock units.
In Junior Market trading, ONE on ONE Educational was the lead trade with 3.42 million shares, Dolla Financial was next with 3.04 million stocks and Atlantic Hardware with 1.75 million units.
In the preferred segment, Jamaica Public Service 9.5% increased $5 to finish at $2,655.
At the close of the market, the JSE Combined Market Index skidded 2,196.47 points to 321,150.39, the All Jamaican Composite Index dropped 2,998.08 points to conclude trading at 358,210.38, the JSE Main Index shed 2,129.19 points to 310,674.91, the Junior Market Index lost 22.42 points to 3,361.43 and the JSE USD Market Index rallied 1.11 points to 196.35.
At the close of trading, 22,442,949 shares were exchanged in all three markets, up from 11,865,410 units on Monday, with the value of stocks traded on the Junior and Main markets amounting to $169.59 million, well above the $62.61 million on the previous day. The JSE USD market closed with an exchange of 252,487 shares for US$50,577, well above the 11,539 units at US$1,760 on Monday.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13.7 based on 2024-25 earnings and .16.2 based on 2024 earnings. The ICInsider.com PE ratio chart and the more detailed daily charts provide investors with regularly updated information to help decision-making. The PE ratio chart covers all ordinary shares that are listed on the Jamaica Stock Exchange, and are 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.