The Main Market and the Junior Market bounced sharply at the close on Tuesday on the Jamaica Stock Exchange with a rise in volume and value of stocks exchanged, compared to Monday, resulting in prices of 36 shares rising, 46 declining and 29 remaining firm.
The winners include recently listed West Indies Petroleum, trading at a record high of $3.45, at PE ratio of 69 times 2024 earnings from continuing operations.
The market closed with the Junior Market languishing in negative territory for 2026, while the Main Market bounced back to close higher for the year to date.
At the close of trading, the JSE Combined Market Index jumped 5,683.04 points to 331,155.62, the All Jamaican Composite Index leapt 5,349.05 points to 368,854.95, the JSE Main Index bounced 5,611.49 points to finish at 320,883.19, the Junior Market Index popped 44.11 points to settle at 3,392.89 and the JSE USD Market Index rallied 0.81 points to 211.86.
At the close of trading, 35,548,832 shares were exchanged in all three markets, up from 23,649,464 units on Monday, with the value of stocks traded on the Junior and Main markets amounting to $124.3 million, well over $73.72 million on the previous day. The JSE USD market closed with an exchange of 523,207 shares for US$20,031 compared to 107,514 units at US$4,811 on Monday.
In Main Market activity, Transjamaican Highway led with 8.63 million shares, followed by Sagicor Select Manufacturing & Distribution Fund with 1.96 million stock units and Innovative Energy with 1.10 million units.
In Junior Market trading, AMG Packaging led with 10.0 million shares, followed by MFS Capital Partners with 1.89 million stock units and RA Williams with 1.86 million units.
In the preference segment, Jamaica Public Service 9.5% dropped $200 to end up at $2,300, 138 Student Living preferred share rose $36 to $250 and Sygnus Credit Investments C10.5% fell $3.94 in closing at $100.
The market’s PE ratio, the most popular measure used to value stocks, ended at 16.6, computed on 2026-27 earnings and 17.2 based on 2025 historical 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 2025 and 2026 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.