Trading pulls down JSE market value


The Jamaica Stock Exchange closed on Friday with a fall in the volume of stocks traded, with a moderately higher value than on Thursday, resulting in the major indices of the Main Market falling, the Junior Market index just inching higher and the JSE USD Market slipping. At the end of trading the prices of 28 shares rose, 46 declined and 32 remained firm.

At the close of the market, the JSE Combined Market Index declined 3,108.52 points to conclude trading at 343,012.24, the All Jamaican Composite Index dived 2,185.94 points to close at 396,087.73, the JSE Main Index skidded 3,255.93 points to settle at 336,149.93, the Junior Market Index popped just 0.54 points to 3,009.87 and the JSE USD Market Index fell 1.38 points to 234.33.
At the close of trading, 34,365,036 shares were exchanged in all three markets, down from 41,533,011 units on Thursday, with the value of stocks traded on the Junior and Main markets amounting to $96.21 million, up from $90.93 million on the previous day. The JSE USD market closed with an exchange of 366,672 shares for US$71,333 compared to 40,971 units at US$5,045 on Thursday.
In Main Market activity, Transjamaican Highway led trading with 5.64 million shares, followed by Wigton Energy with 5.23 million stocks and QWI Investments with 1.79 million units.
In Junior Market trading, Kintyre Holdings led with 13.62 million shares, followed by Jetcon Corporation with 1.14 million stocks and EduFocal with 726,781 units.
In the preference share segment, Jamaica Public Service 7% rose by $5.87 to close at $35, Sygnus Credit Investments 10% rallied by $1.23 to $110 and Sygnus Credit Investments C10.5% dived $5.50 to end at $101.
The market closed with the current year’s PE ratio, compiled using projected 2026-27 earnings is 12.5 and 14.9 based on 2025 historical earnings, excluding major one-time income or expenses. The PE ratio is one of the more used measures used in valuing shares and is calculated by dividing the stock price by the company’s earnings per share. The ICInsider.com PE ratio chart and the detailed daily charts provide investors with regularly updated information to assist in decision-making. The PE ratio chart includes all ordinary shares listed on the Jamaica Stock Exchange, grouped by industry, with 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 around the market or sector averages, and not going too far from it unless compelling reasons exist. This approach reduces emotion from 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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