Trading ended on Thursday on the Jamaica Stock Exchange with a fall in the volume and the value of stocks exchanged, compared to Wednesday, resulting in losing stocks distancing those that fell and ending with the prices of 34 shares rising, 41 declining and 28 remaining firm, leading to declines in all three markets.
At the close of the market, the JSE Combined Market Index sank 1,043.88 points to settle at 320,439.12, the All Jamaican Composite Index shed 264.23 points to close at 358,341.41, the JSE Main Index declined 935.66 points to 310,119.74, the Junior Market Index dropped 20.74 points to 3,336.55 and the JSE USD Market Index fell 9.52 points to wrap up trading at 201.46.
At close of trading, 9,013,387 shares were exchanged in all three markets, down from 13,424,131 units on Wednesday. The value of stocks traded on the Junior and Main markets amounted to $32.89 million, down from $103.27 million on the previous day and the JSE USD market closed with an exchange of 84,860 shares for US$32,196 compared to 782,822 units at US$56,379 on Wednesday.
In Main Market activity, Transjamaican Highway led with 2.08 million shares, followed by Wigton Energy with 1.91 million stocks and QWI Investments with 501,500 units.
In Junior Market trading, Kintyre Holdings led with 403,016 shares, followed by Atlantic Hardware with 261,565 stocks and Dolla Financial with 254,419 units.
In the preference segment, 138 Student Living preference share shed $35.50 to $195.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13.6 based on 2024-25 earnings and 16 based on the 2024 earnings.
The ICInsider.com PE chart and the other detailed daily charts provide investors with regularly updated information to help in decision-making. The PE chart covers all ordinary shares that are listed on the Jamaica Stock Exchange, 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