Trading plunges on Jamaica Stock Exchange 


Trading closed Friday on the Jamaica Stock Exchange with a sharp fall in the volume of stocks exchanged, with a lower value than on Thursday, resulting in gains for the Main Market major indices and the JSE USD Market Index, while the Junior Market index declined, with trading ending with prices of 43 shares rose, 38 declined and 26 remained firm.

At the close of the market, the JSE Combined Market Index climbed 993.92 points to 332,712.82, the All Jamaican Composite Index rallied 621.58 points to conclude trading at 369,906.26, the JSE Main Index advanced 1,347.17 points to close at 322,306.90, the Junior Market Index slipped 40.19 points to end at 3,424.18 and the JSE USD Market Index advanced 1.00 points to 209.42.
At the close of trading, 12,067,164 shares were exchanged in all three markets, down from 94,410,862 units on Thursday, with the value of stocks traded on the Junior and Main markets amounted to $52.72 million, down from $107.96 million on the previous day and the JSE USD market closed with an exchange of 73,658 shares for US$42,410, down from 76,914,195 units at US$1,740,363 on Thursday.
In Main Market activity, Transjamaican Highway led with 1.29 million shares, followed by Wigton Energy with 794,694 stocks and JMMB Group 7.35% – 2028 with 746,779 units.
In Junior Market trading, Jamaican Teas led with 3.04 million shares, followed by Fosrich with 1.20 million stocks and Future Energy with 452,383 units.
In the preference segment, Jamaica Public Service 7% dropped $6.66 to $38, Jamaica Public Service 9.5% lost $40 to end trading at $2,649 and 138 Student Living preference share slipped $24.37 in closing at $200.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13.9 based on 2024-25 earnings and 16.3 based on 2024 earnings. The ICInsider.com PE ratio chart and the other, more detailed daily charts provide investors with regularly 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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