Trading surges on Jamaica Stock Exchange 


Trading closed Friday on the Jamaica Stock Exchange with a sharp rise in the volume of stocks exchanged, with a greater value than Thursday’s activities, following trading of more than 33 million shares of Indies Pharma for $90 million. Trading closed with the main indices of the Main Market and the JSE USD Market Index rising, while the Junior Market index declined. At the end of trading, prices of 37 shares rose, 40 declined and 27 remained firm.

At the close of the market, the JSE Combined Market Index popped 1,228.14 points to 319,403.31, the All Jamaican Composite Index rallied 1,267.23 points to finish at 354,261.59, the JSE Main Index rose 1,561.65 points to 308,374.69, the Junior Market Index lost 36.59 points to end at 3,423.46 and the JSE USD Market Index increased 0.78 points to 205.92.
At the close of trading, 51,348,347 shares were exchanged in all three markets, up from just 11,476,745 units on Thursday, with the value of stocks traded on the Junior and Main markets amounted to $169.9 million, up from $80.72 million on the previous day and the JSE USD market closed with an exchange of 64,440 shares for US$2,396 compared to 49,993 units at US$52,790 on Thursday.
In Main Market activity, Transjamaican Highway led trading with 5.14 million shares followed by JMMB Group 7.35% – 2028 with 891,646 stocks and Wigton Energy with 858,749 units.
In Junior Market trading, Indies Pharma led with 33.12 million shares, followed by Derrimon Trading with 5.44 million stocks and Kintyre Holdings with 822,902 units.
In the preference segment, Jamaica Public Service 7% gained $2 to end at $41 and Sygnus Credit Investments 10% rose $6 to $106.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13.2 based on 2024-25 earnings and 16.2 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 as an aid in making rational decisions, investing in stocks close to the sector average, not staying 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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