Winning JSE stocks outclass losers


Prices of 46 shares climbed, 32 declined and 22 remained firm, at the close of the Jamaica Stock Exchange on Thursday, following a fall in the volume of stocks changing hands, with a lower value than on Wednesday, resulting in Main Market major indices and the Junior Market index rising and the JSE USD Market falling.

At the close of the market, the JSE Combined Market Index climbed 419.80 points to close at 330,445.35, the All Jamaican Composite Index rose 1,295.56 points to wrap up trading at 367,388.26, the JSE Main Index gained 214.37 points to end at 319,910.42, the Junior Market Index advanced 29.55 points to settle at 3,427.08 and the JSE USD Market Index declined 2.22 points to 244.73.
At the close, 13,852,317 shares were exchanged in all three markets, down from 21,792,734 units on Wednesday. The value of stocks traded on the Junior and Main markets amounted to $84.03 million, down from $103.22 million on the previous day and the JSE USD market closed with an exchange of 197,380 shares for US$50,568, down from 2,301,473 units at US$61,640 on Wednesday.
In Main Market activity, Transjamaican Highway led trading with 2.26 million shares, followed by Sterling Investments with 799,878 stocks and Wigton Energy with 756,312 units.
In Junior Market trading, Jetcon Corporation led with 3.0 million shares, followed by Dolla Financial with 1.31 million stocks and MFS Capital Partners with 1.0 million units.
In the preference segment, 138 Student Living preference share declined $30 to finish at $211 and Productive Business Solutions 10.5% preference share fell $109 and ended at $1,101.
The market’s PE ratio, the most popular measure used to value stocks, ended at 12.6 based on 2024-25 earnings and 19.8 based on 2024 earnings. The ICInsider.com PE ratio chart and the 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 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.

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