Trading plummets on the Jamaica Stock Exchange

Trading ended on Friday on the Jamaica Stock Exchange with a decline in volume and value of stocks changing hands, resulting in the Main and Junior Market declining and the JSE USD Market rising, following prices of 42 shares rising, 46 declining and 27 remaining firm.

At the close of trading the JSE Combined Market Index fell 1,209.12 points to close trading at 324,707.11, the All Jamaican Composite Index skidded 618.05 points to finish at 357,496.90, the JSE Main Index dipped 1,151.31 points to finish at 311,890.12, the Junior Market Index declined 15.08 points to 3,688.94 and the JSE USD Market Index popped 1.41 points to end at 225.68.
At the close of trading, 19,514,140 shares were exchanged in all three markets, down from 64,714,237 units on Thursday, with the value of stocks traded on the Junior and Main markets amounting to $93.04 million, much lower than the $267.31 million on the previous trading day and the JSE USD market closed with an exchange of 494,005 shares for US$35,761 compared to 51,055,916 units at US$1,092,742 on Thursday.
In Main Market activity, QWI Investments led trading with 2.97 million stocks followed by Transjamaican Highway with 1.02 million shares and Wigton Windfarm with 769,827 units

In the Junior Market trading, Stationery & Office Supplies led with 7.08 million stocks, ONE on ONE Educational followed with 958,740 shares and One Great Studio with 861,147 units.
In the preference segment, Jamaica Public Service 7% climbed $2 to end at $46 and 138 Student Living preferred  share popped $12.98 to finish at $199.74.
The market’s PE ratio, the most popular measure used to value stocks, ended at 12.8 on 2024-25 earnings and 21.2 based on 2023-24 earnings ICInsider.com PE ratio chart and more detailed daily charts provide investors with regularly updated information to help decision-making. The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons within a sector and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons within a sector and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major income or expenses that are unlikely to be repeated yearly.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The ICInsider.com PE ratio chart and more detailed daily charts provide investors with regularly updated information to help decision-making. The chart should be used in making rational decisions when investing in stocks close to the average for the sector, 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.