Trading closed Wednesday on the Jamaica Stock Exchange with a rise in the volume of stocks that were exchanged, with a greater value than on Tuesday, resulting in the major indices of the Main Market rising, the Junior Market index rising and the JSE USD Market falling. At the end of trading, the prices of 48 shares rose, 34 declined and 20 remained firm.
Trading concluded with the JSE Combined Market Index rallying by 3,458.66 points to 353,475.44, the All Jamaican Composite Index gaining 2,569.20 points to end at 409,450.11, and the JSE Main Index increasing 3,408.01 points to 347,561.72. The Junior Market Index rallied 27.89 points to 2,948.02 and the JSE USD Market Index lost 1.95 points to end at 232.51.
At the end of trading, 48,006,494 shares were traded in all three markets, up from 35,336,523 units on Tuesday, with the value of stocks traded on the Junior and Main markets amounting to $154.86 million, up from $122.85 million on the preceding day. The JSE USD market closed with an exchange of a mere 16,748 shares for just US$664, after plummeting from 5,859,990 units at US$2,002,197 on Tuesday.
In Main Market activity, ended with a change in the guard as the leading traded stocks, after Lasco Distributors led trading with 5.08 million shares followed by Transjamaican Highway with a relatively low 1.75 million stock units and Wigton Energy with 1.15 million units.
In Junior Market trading, Kintyre Holdings continues to dominate and leads with 15.56 million shares changing hands, followed by Jamaican Teas with 10.63 million stocks and Dolla Financial with 6.15 million units.
In the preference share segment, Eppley 7.25% preference share rallied $2.87 in closing at $19, 138 Student Living preference share skidded $25 to $175 and Sygnus Credit Investments C10.5% rose $6.49 to close at $106.
At the close of trading, the PE ratio for the current year, which is compiled with projected 2026-27 earnings is 12.4 and 14.4 based on 2025 historical earnings. Major one-off income or expenses are excluded from earnings where these apply. The PE ratio is one of the most utilised measures used in valuing shares. It is calculated by dividing the stock price by the company’s 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.