Trading & JSE markets fall to start June


Trading ended with a big fall in the volume and value of stocks exchanged on Monday on the Jamaica Stock Exchange, resulting in prices of 52 declining, 32 shares rising and 30 remaining firm.

At the close of the market, the JSE Combined Market Index sank 473.60 points to 335,370.24, the All Jamaican Composite Index advanced 532.10 points to 374,638.11, the JSE Main Index dipped 351.59 points to wrap up trading at 324,480.03, the Junior Market Index fell 18.94 points to finish at 3,504.16 and the JSE USD Market Index declined by 5.37 points to wrap up trading at 213.20.
At the close of trading, 15,465,386 shares were exchanged in all three markets, down from 36,882,466 units on Friday, with the value of stocks traded on the Junior and Main markets amounting to $64.92 million, well below the $210.87 million on the previous day. The JSE USD market closed with an exchange of 1,260,621 shares for US$30,005, down from the 2,331,792 units at US$107,303 on Friday.
In Main Market activity, Transjamaican Highway led the market, with 5.30 million shares changing hands, followed by Wigton Energy with 1.14 million stock units and Innovative Energy Group Ltd with 780,166 units.
In Junior Market trading, Iron Rock Insurance led with 380,000 shares, followed by Future Energy with 346,807 stocks and Kintyre Holdings with 337,471 units.
In the preference segment, Jamaica Public Service 7% popped $5.41 to $41, 138 Student Living preference share rallied $2.01 to end at $170 and Sygnus Credit Investments C10.5% dipped $2 in closing at $99.
The market’s average PE, the most popular measure used to value stocks, ended at 14.1 based on the earnings for for2024-25 and 16.6 based on 2024 earnings.
The ICInsider.com PE ratio chart and the more detailed daily charts provide investors with regularly updated data to help 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. 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 to assess 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.

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