Trading plunges on Jamaica Stock Exchange 


Trading closed Wednesday on the Jamaica Stock Exchange with a sharp fall in the volume and value of stocks exchanged than on Tuesday, resulting in the Main and Junior Market declining as the JSE USD Market put in another day of solid gains. At the end of trading, prices of 37 shares rose, 45 declined and 24 remained firm.

At the close of the market, the JSE Combined Market Index dipped 683.98 points to end at 334,919.06, the All Jamaican Composite Index declined by 148.80 points to wrap up trading at 372,744.15, the JSE Main Index sank 634.02 points to finish at 324,416.21, the Junior Market Index fell 10.65 points to settle at 3,449.28 and the JSE USD Market Index advanced 8.84 points to 247.93.
At the close, 10,415,345 shares were exchanged in all three markets, down from 18,282,094 units on Tuesday, with the value of stocks traded on the Junior and Main markets amounted to a mere $34.32 million, down from $131.25 million on the previous day and the JSE USD market closed with an exchange of 264,864 shares for US$21,126 compared to 289,631 units at US$8,296 on Tuesday.
In Main Market activity, Transjamaican Highway led trading with 2.08 million shares, followed by JMMB 9.5% preference share with 979,748 stock units and Sagicor Select Financial Fund with 902,285 units.
In Junior Market trading, EduFocal led with 957,986 shares, followed by Indies Pharma with 825,556 stock units and Kintyre Holdings with 737,040 units.
In the preference segment, Jamaica Public Service 7% rose $1.45 to close at $44.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13 based on 2024-25 earnings and 19.2 based on 2024 earnings. The ICInsider.com PE ratio chart and the other, more detailed daily charts provide investors with updated information 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 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.

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