Transjamaican Highway continues to dominate trading on the Jamaica Stock Exchange with 38 percent of the volume of stocks exchanged on Thursday, with a 78 percent surge in value from Wednesday, resulting in major indices of the Main Market ending with mildly mixed results, as the Junior Market index surged and the JSE USD Market fell. At the end of trading, the prices of 43 stocks rose, 33 declined and 27 remained firm.
At the close of the market, the JSE Combined Market Index popped 72.51 points to end at 329,249.77, with the All Jamaican Composite Index declining by 2,108.34 points to conclude trading at 367,032.35, the JSE Main Index dipped 606.47 points to 318,729.03, the Junior Market Index rose 91.99 points to 3,415.15 and the JSE USD Market Index skidded 1.95 points to settle at 203.61.
At the close of trading, 58,012,814 shares were exchanged in all three markets, up from 15,266,692 units on Wednesday, with the value of stocks traded on the Junior and Main markets amounted to $240.92 million, up from $135.28 million on the previous day and the JSE USD market closed with an exchange of 59,756 shares for US$12,538, up from 50,243 units at US$4,303 on Wednesday.
In Main Market activity, Transjamaican Highway led with 22.29 million shares, followed by Sagicor Select Financial Fund with 7.91 million stocks and Radio Jamaica with 1.70 million units.
In Junior Market trading, Indies Pharma led with 8.12 million shares, followed by Derrimon Trading with 2.19 million stocks and Fosrich with 2.0 million units.
In the preference segment, Jamaica Public Service 7% dropped $6.30 to end at $36, Jamaica Public Service 9.5% rallied $299 to $2,599 and Productive Business Solutions 10.5% rose $137.90 and ended at $1,140.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13.3 based on 2025-26 earnings and 16 based on 2024 historical 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 in making rational decisions when 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 includes 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.