Trading surges on Jamaica Stock Exchange

Trading jumped sharply on the Main Market of the Jamaica Stock Exchange on Tuesday with the volume and value of stocks traded jumping sharply over the previous day’s outturn, resulting in prices of 27 shares rising and 37 declining and all three markets closed lower.
At the close of trading on Tuesday, the JSE Combined Market Index fell 1,317.01 points to 319,458.97, the All Jamaican Composite Index dipped 1,453.30 points to 349,044.26 and the JSE Main Index declined by 1,168.34 points to 306,644.15. The Junior Market Index skidded 27.84 points to 3,656.63 and the JSE USD Market Index fell 4.61 points to finish at 226.60.
At the close of trading, 50,270,506 shares were exchanged in all three markets, up sharply from 14,500,223 units on Monday, with the value of stocks traded on the Junior and Main markets amounted to $154.32 million, well over the $43.30 million on the previous trading day and the JSE USD market closed with an exchange of 7,064,494 shares for US$139,578 compared to 1,556,001 units at US$35,270 on Monday.
In Main Market activity, Transjamaican Highway led trading with 35.58 million shares followed by Radio Jamaica with 1.70 million stock units and Wigton Windfarm with 1.57 million units.
In Junior Market trading, Express Catering led trading with 314,070 shares followed by EduFocal with 277,500 units and Dolla Financial with 152,723 stocks.
In the preference segment, Sygnus Credit Investments C10.5% climbed $1.61 and ended at $103.
The market’s PE ratio, the most popular measure used to value stocks, ended at 19.7 on 2023-24 earnings and 13.5 times those for 2024-25 at the close of trading. ICInsider.com PE ratio chart and more detailed daily charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons within a sector and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The ICInsider.com PE ratio chart and more detailed daily charts provide investors with regularly updated information to help decision-making.
The chart should be used in making rational decisions when investing in stocks close to the average for the sector, 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.