West Indies Petroleum traded 1.8 billion shares on the Jamaica Stock Exchange on Wednesday as the market made a big move to close out September at the highest level for the month on Wednesday, with all the major indices of the Main Market surging several thousand points. Both the Junior Market and the JSE USD Market rose. At the end of trading, prices of 50 shares rose, 37 declined and 26 remained firm.
At the end of the market activity, the JSE Combined Market Index increased 6,576.00 points to end at 390,695.79, the All Jamaican Composite Index enjoyed a big surge of 10,049.00 points to end at 460,707.36, the highest point since May 2022, the JSE Main Index rallied 6,777.05 points to 385,314.47, the highest closing level since June 2022, the Junior Market Index rose 13.40 points to conclude trading at 3,104.25 and the JSE USD Market Index ends at 4.31 points to end at 295.45, up 39 percent for 2026.
At the close of trading, 1,886,193,572 shares were exchanged in all three markets, up sharply from 96,484,325 units on Tuesday, with 1.8 million shares in West Indies Petroleum changing hands. Trading on the Junior and Main markets amounted to $17.31 billion, up from only $401.46 million on the previous day. Trading on the JSE USD market closed with an exchange of 1,821,141 shares for US$121,746, up from 585,996 units at US$37,012 on Tuesday.
In Main Market activity, West Indies Petroleum led trading with 1.812 billion shares, followed by Wigton Energy with 22.22 million stocks and Transjamaican Highway with 5.12 million units.
In Junior Market trading, Derrimon Trading led with 5.17 million shares, followed by Future Energy with 3.18 million stocks and Mailpac Group with 2.76 million units.
In Main Market ordinary share segment, Barita Investments jumped $11.61 to end at $96.60, NCB Financial popped $7.49 in closing at $74.99, GraceKennedy increased $5.65 to $87.65, Guardian Holdings climbed $4.99 to finish at $359.99 and Caribbean Cement rose $4.05 and ended at $116.00.
Among the losing stocks Eppley Caribbean Property Fund lost $1.73 to close at $41.00, JMMB Group declined by $1.28 to $18.72, Berger Paints fell48 cents to close at $5.25, Quantas Advantage fell 44 cents to finish at $24.55 and Carreras dropped 28 cents and ended at $28.99.
In the preferred share segment, Jamaica Public Service 7% rose $4.50 to end at $35, 138 Student Living preference share rallied $5 to $235, Productive Business Solutions 10.5% dipped $31.75 to close at $1,218 and Sygnus Credit Investments C10.5% fell $3 to finish at $102.
In the Junior Market, Regency Petroleum rallied 20 cents to end at $4.40, Elite Diagnostic advanced 20 cents $1.90, Fosrich advanced 18 cents to $1.59, Future Energy gained 14 cents to end at $3.64, Jetcon Corporation rose 9 cents in closing at $4.79 and ONE on ONE Educational rallied 9 cents to close at 80 cents. Among the top losers, Access Financial slipped 79 cents and ended at $18.50, Caribbean Cream dipped 57 cents to finish at $2.41, Cargo Handlers skidded 52 cents and ended at $14.98, Dolphin Cove lost 46 cents to close at $9.50 and Caribbean Assurance Brokers slipped 19 cents to end at $1.41.
At the close of trading, the PE ratio for the current year, compiled from projected 2026-27 earnings, is 13.1 and 17.7 based on 2025 historical earnings. Major one-off income or expenses are excluded from earnings where applicable. The PE ratio is one of the most used measures in valuing shares. It is calculated by dividing the stock price by earnings per share. The ICInsider.com PE ratio chart and the daily charts provide investors with regularly updated information to assist in making investment decisions. The PE ratio chart includes all ordinary shares listed on the Jamaica Stock Exchange, grouped by industry and facilitates easy comparisons within sectors and the overall market.
Pertinent information is needed to navigate the numerous options in the stock market. The chart should be used to help in decision-making, especially when investing close to the market or sector averages, and not straying too far from it unless compelling reasons exist. This approach reduces emotional bias in investment decisions and places them on fundamentals, without straying far from the majority of investors. Investors who buy stocks near the average will not overpay. The chart includes each company’s net asset value. Investors can use this measure in assessing stock values. The chart also includes daily changes in stock prices and percentage year to date price movements based on the last traded price. The Main and Junior Markets’ daily report charts also show dividends paid or due and yields for each company, along with the closing volume of the highest bid and the lowest offer.
The market closed with trading of 19,036,666 shares with the value at $284,857,279, up from 12,183,080 stocks at $237,605,239 on Monday.
At the close, the Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and three with lower offers.
Quantas Advantage climbed 49 cents to $24.99 in trading 96,330 stocks, QWI Investments climbed 11 cents to close at a 52 weeks high of 87 cents, after trading of 747,061 shares, Sagicor Real Estate Fund rallied $1.48 to $9.78, with 102 stocks crossing the market. Scotia Group advanced $8.25 to a 52 weeks high of $67.50, with swapping of 890,332 shares and Sygnus Real Estate Finance rose $1.13 in closing at $8.63 after 35 stocks passed through the market.
Aided by the big move in the price of Scotia Group’s shares, the JSE Combined Market Index surged 6,784.22 points to 384,119.79, the All Jamaican Composite Index popped 7,035.81 points to finish at 450,658.36, a 4 year high the JSE Main Index rallied 6,842.80 points to wrap up trading at 378,537.42, for a high of just over four years, the Junior Market Index gained 33.65 points to conclude trading at 3,090.85 and the JSE USD Market Index lost 3.38 points to settle at 291.14.
Among the top losers, Guardian Holdings fell $5 to finish at $355.00, MPC Caribbean Clean Energy slipped $3 and ended at $18.00, Proven Investments lost 98 cents to finish at $9.02, Jamaica Producers skidded 96 cents to end at $18.02 and JMMB Group dipped 43 cents in closing at $20.00.
At the end of the market activity, the JSE Combined Market Index rallied 729.97 points to 377,335.57, with the All Jamaican Composite Index popping 3,083.96 points to 443,622.55, the JSE Main Index rose 710.66 points to 371,694.62, the Junior Market Index climbed by 7.04 points to 3,057.20 and the JSE USD Market Index skidded 2.84 points to finish at 294.52.
Among the top losers, AS Bryden shed $5.40 to close at $19.00, NCB Financial dropped 82 cents to $67.00, Sygnus Real Estate Finance lost 40 cents in closing at $7.50, JMMB Group dipped 32 cents to finish at $20.43 and Kingston Wharves fell 23 cents and ended at $33.22.
Trading ended with an exchange of 19,453,239 shares valued at $284,365,684, after an increase from 16,948,175 stock units at $132,898,559 on Thursday.
The All Jamaican Composite Index rallied 360.22 points to close at 440,538.59, the JSE Main Index climbed 1,179.39 points to 370,983.96 and the JSE Financial Index popped 0.37 points to 70.69. At the close, the Investor’s Choice bid-offer indicator shows six stocks ending with bids higher than their last selling prices and three with lower offers.
Jamaica Broilers climbed 69 cents to $13.95 with 98,305 stocks passing through the market, Kingston Properties increased 40 cents to end at $11.90 after an exchange of 828 stock units, NCB Financial dropped 98 cents to close at $67.82 with 34,965 shares changing hands. Proven Investments lost 44 cents and ended at $9.35 after a transfer of 31,056 units, Sagicor Real Estate Fund dipped $1.40 to close at $8.33 with investors swapping 8,129 stocks and Scotia Group declined 50 cents to finish at $58.50 after trading of 11,922 stock units.
At the end of the market activity, the JSE Combined Market Index increased 1,381.98 points to end at 376,605.60, the All Jamaican Composite Index rallied 360.22 points to end at 440,538.59, the JSE Main Index gained 1,179.39 points to close at 370,983.96, the Junior Market Index rallied by 35.43 points to finish at 3,050, the highest level since the first week of July and the JSE USD Market Index slipped 4.89 points to settle at 297.36.
Among the top losers, Guardian Holdings lost $16.90 to finish at $360.00, Caribbean Cement dipped $1.95 to $110.00, Sagicor Real Estate Fund fell $1.40 to close at $8.33, NCB Financial dropped 98 cents to end at $67.82 and Scotia Group shed 50 cents in closing at $58.50.
The market closed with 16,948,175 shares trading worth $132,898,559 in falling from 32,642,342 shares at $342,167,799 on Wednesday.
The Main Market ended trading with an average PE Ratio of 15.8. ICInsider.com compiles the JSE Main Market PE ratios that are derived by dividing the last traded stock price by earnings per share for companies with the fiscal year ending around August 2027.
NCB Financial increased by $1.80 to close at $68.80 with an exchange of 4,748 stock units, Proven Investments climbed by 77 cents in closing at $9.79 with an exchange of 20,443 stock units, Quantas Advantage climbed by $1.44 and ended at $22.99 with investors exchanging 89,595 stock units. Seprod dipped $1 to close at $79, with an exchange of 115,358 units and Sygnus Credit Investments declined 48 cents to $10.52 after a transfer of 209,097 shares.
At the end of the market activity, the JSE Combined Market Index climbed by a mere 113.68 points to 375,223.62, with the All Jamaican Composite Index skidding 42.17 points to finish at 440,178.37, the JSE Main Index lost 140.40 points to end at 369,804.57, the Junior Market Index put in a meaningful rally by increasing 34.54 points to finish at 3,014.73 and the JSE USD Market Index skidded 1.55 points to settle at 302.25.
Among the top losers, Jamaica Broilers slipped $1.74 to end at $13.26, Margaritaville fell $1.23 to $6.97, GraceKennedy skidded by $1.02 and ended at $79.98, Seprod lost $1 to end trading at $79.00 and General Accident shed 74 cents in closing at $8.00.
The market closed with 32,642,342 shares trading for $342,167,799 in soaring from 16,506,315 stock units at $117,276,115 on Tuesday.
The All Jamaican Composite Index increased 2,026.86 points to finish at 440,220.54, the JSE Main Index popped by 1,115.01 points to end at 369,944.97 and the JSE Financial Index rose by 0.07 points to end at 70.62. The Investor’s Choice bid-offer indicator shows nine stocks ending with bids higher than their last selling prices and three with lower offers.
Jamaica Producers rose 62 cents to $19.12 after a transfer of 1,552,131 stocks, JMMB Group advanced $1.70 to close at $20.94 with investors dealing in 24,739 stock units, Kingston Wharves climbed 85 cents to close at $34, with a transfer of 11,948 shares. NCB Financial slipped $1.90 to end at $67 after an exchange of 148,740 stocks, Pan Jamaica increased by 48 cents and ended at $42.63 with investors trading 57,095 units, Scotia Group gained 40 cents and ended at $59.00 with investors dealing in 7,117 shares and Seprod advanced $8.50 to $80 with investors swapping 622,078 shares.
At the close of the market , the JSE Combined Market Index popped 1,049.95 points to end at 375,109.94, while the All Jamaican Composite Index rose 2,026.86 points to finish at 440,220.54, the JSE Main Index rallied 1,115.01 points to close trading at 369,944.97, the Junior Market Index fell 2.25 points to end at 2,980.19 as the JSE USD Market Index slipped 2.44 points to settle at 303.80.
Among the top losers, Guardian Holdings declined $2.93 to close at $375.00, Eppley Caribbean Property Fund lost $1.99 to end at $40.01, NCB Financial dropped $1.90 in closing at $67.00, AS Bryden shed $1.20 and ended at $21.00 and Carreras fell 27 cents to end at $29.20.