Trading closed Wednesday on the Jamaica Stock Exchange with a rise in the volume of stocks changing ownership, with a greater value than on Tuesday, resulting in the Main Market major indices rising, the Junior Market index slipping and the JSE USD Market just inching higher. At the end of trading, the prices of 38 shares rose, 39 declined and 32 remained firm.
The market closed with the JSE Combined Market Index rallying 1,059.92 points to 323,176.73, the All Jamaican Composite Index climbing 2,272.33 points to close at 360,710.78, while the JSE Main Index bouncing 1,135.63 points to end at 311,964.85, the Junior Market Index slipped 3.50 points to finish at 3,470.92 and the JSE USD Market Index popped 1.24 points to settle at 206.24.
At the close of trading, 26,813,245 shares were exchanged in all three markets, up from 6,950,592 units on Tuesday, with the value of stocks traded on the Junior and Main markets amounted to $192.35 million, up from $64.82 million on the previous day and the JSE USD market closed with an exchange of 335,828 shares for US$17,152 well above 36,279 units at US$1,844 on Tuesday.
In Main Market activity, Transjamaican Highway led with 15.17 million shares, followed by NCB Financial with 1.62 million units and Jamaica Broilers with 1.56 million stock units.
In Junior Market trading, MFS Capital Partners led with 1.44 million shares, followed by Dolla Financial with 318,254 stocks and ONE on ONE Educational with 233,718 units.
In the preference segment, Jamaica Public Service 7% popped $2 in closing at $43, Jamaica Public Service 9.5% declined $5 to $2,650, Sygnus Credit Investments 10% sank $2.95 to end at $105 and Sygnus Credit Investments C10.5% slipped $2.08 and ended at $106.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13.1 based on 2024-25 earnings and 16.1 based on 2024 earnings.
The ICInsider.com PE ratio chart and the other daily charts for each market provide regularly updated information to help with decision-making.
The PE chart covers all 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.