Trading rises on the JSE market


Trading closed Friday on the Jamaica Stock Exchange after a rise in the volume and value of stocks traded compared to Thursday. Trading resulted in major indices of the Main Market rising moderately, the Junior Market index declining and the JSE USD Market rising. At the end of trading, the prices of 40 shares rose, 48 declined and 27 remained firm.

At the end of the market activity, the JSE Combined Market Index rallied 163.78 points to 367,508.87, with the All Jamaican Composite Index increasing 229.69 points to finish at 430,789.44, the JSE Main Index climbed 330.69 points to end at 361,929.37, the Junior Market Index dipped 21.23 points to wrap up trading at 2,988.96 and the JSE USD Market Index rose by 5.39 points to finish at 284.40.
At the close of trading, 20,695,517 shares were exchanged in all three markets, up from 19,887,665 units on Thursday, with the value of stocks traded on the Junior and Main markets amounting to $116.97 million, up marginally from $113.4 million on the previous day. Trading on the JSE USD market closed with an exchange of 423,400 shares for US$25,911 up from 162,743 units at US$10,161 on Thursday.
In Main Market trading activity, Transjamaican Highway led with 5.82 million shares, followed by Wigton Energy with 1.85 million stocks and Sygnus Credit Investments with 1.0 million units.
In Junior Market trading, Derrimon Trading led with 1.91 million shares, followed by Future Energy with 1.15 million shares and Dolla Financial with 924,739 units.
In Main Market ordinary share movements, among the top winners, Eppley Caribbean Property Fund rallied $3.50 and ended at $44.50, Guardian Holdings rose $1.01 to $354.00, NCB Financial advanced $1 to close at $72.90, Carreras popped 89 cents to end at $30.89 and Kingston Properties increased 58 cents in closing at $10.48.
Among the Main market top losers, GraceKennedy shed $4.47 to end at $71.53, Margaritaville dropped $2.50 to finish at $8.50, Seprod lost $1.50 and ended at $73.00, Scotia Group slipped 94 cents to $57.06 and Quantas Advantage fell by 80 cents to close at $14.45.
In the preference  share segment, Jamaica Public Service Company 9.5% rallied by $340 to $2,240.
In the Junior Market, among the top winners, Knutsford Express gained $1.14 to end at $7.62, Honey Bun increased 36 cents in closing at $5.92, Image Plus advanced 25 cents and ended at $1.25, Express Catering rallied 19 cents to finish at $2.56 and Caribbean Assurance Brokers popped 16 cents and ended at $1.31.
Among the top losers, Elite Diagnostic dipped 29 cents to $1.07, Blue Power lost 20 cents and ended at $3.15, Mailpac Group dropped 18 cents to close at $2.37, Cargo Handlers fell 13 cents to finish at $17.85 and Fontana slipped 12 cents in closing at $6.18.
At the close of trading, the PE ratio for the current year, compiled from projected 2026-27 earnings, is 13 and 15.1 based on 2025 historical earnings. Major one-off income or expenses are excluded from earnings where applicable. The PE ratio is one of the most utilised measures in valuing shares. It is calculated by dividing the stock price by 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.

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