Trading jumps on the JSE Markets


Trading ended on Friday, with declining stocks outnumbering those rising nearly 2 to 1 on the Jamaica Stock Exchange, with the value and volume of stocks traded increasing compared with Thursday. Trading resulted in the major indices of the Main Market and the Junior Market index rising and the JSE USD Market falling. At the end of trading, prices of 35 shares rose, 59 declined and 16 remained firm.

At the end of the market activity, the JSE Combined Market Index rallied by 304.23 points to finish trading at 391,414.67, as the All Jamaican Composite Index fell 1,336.87 points to 462,726.28, the JSE Main Index popped 142.95 points to 386,033.03, the Junior Market Index rallied 23.34 points to close at 3,108.68 and the JSE USD Market Index declined 3.99 points to finish at 279.79.
At the close of trading, 57,692,701 shares were exchanged in all three markets, up from 21,414,592 units on Thursday, as Elite Diagnostic ended with a large volume passing through the market. The value of stocks traded on the Junior and Main markets amounted to $192.05 million, up from $121.07 million on the previous day. Trading on the JSE USD market closed with an exchange of 511,787 shares for US$33,241 compared to 345,233 units at US$22,598 on Thursday.
In Main Market activity, Transjamaican Highway led trading, with 2.82 million shares, followed by Wigton Energy with 2.08 million stocks and Sagicor Select Financial Fund with 1.81 million units.
In Junior Market trading, Elite Diagnostic led with 41.60 million shares, followed by One Great Studio with 555,640 stocks and Atlantic Hardware, 474,050 units.
Amongst the Main Market ordinary share winners, Guardian Holdings climbed $16.50 to close at $377.00, First Rock Real Estate increased $1.30 to $7.30, Mayberry Jamaican Equities rose 72 cents to finish at $8, Caribbean Cement rallied 70 cents to end at $114.00 and Sygnus Real Estate Finance rose 68 cents in closing at $7.90. Among the top losers, Massy Holdings fell $3.95 to end at $75.00, NCB Financial declined by $2.45 to $71.55, Pan Jamaica dropped $1.79 to close at $44.20, Barita Investments fell $1.50 to $73.50 and GraceKennedy shed $1.05 to close at $89.95.
In the preference segment, 138 Student Living preference share climbed $18.88 to $229.
Among the Junior Market  stocks, Access Financial rallied $2.29 to $19.95, Knutsford Express rose 66 cents to $8.44, Jamaican Teas popped 15 cents to $2.15, Jetcon Corporation popped 15 cents to finish at $4.80 and Cargo Handlers increased 10 cents and ended at $15.82. Among the top losers, Dolphin Cove dipped $1.41 to close at $8.71, Main Event slipped 39 cents to end at $3.40, Lumber Depot skidded 21 cents in closing at $2.28, Fosrich lost 13 cents to $1.45 and Express Catering dipped 10 cents and ended at $2.90.
At the close of trading, the PE ratio for the current year, compiled from projected 2026-27 earnings, is 13.4 and 17 based on 2025 historical earnings. Major one-off income or expenses are excluded from earnings where applicable. The PE ratio is one of the most used measures in valuing shares. It is calculated by dividing the stock price by earnings per share. The ICInsider.com PE ratio chart and the daily charts provide investors with regularly updated information to assist in making investment decisions. The PE ratio chart includes all ordinary shares listed on the Jamaica Stock Exchange, grouped by industry and facilitates easy comparisons within sectors and the overall market.

Pertinent information is needed to navigate the numerous options in the stock market. The chart should be used to help in decision-making, especially when investing close to the market or sector averages, and not going too far from it unless compelling reasons exist. This approach reduces emotional bias in investment decisions and places them on fundamentals, without straying far from the majority of investors. Investors who buy stocks near the average will not overpay. The net asset value of each company is incorporated into the chart. Investors can use this measure in assessing stock values. The chart also includes daily changes in stock prices and percentage year to date price movements based on the last traded price. Dividends that are paid or 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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