AS Bryden — Page 43

WI Petroleum falls for 2nd day

January 15, 2026 by IC Insider.com

The closing of the party continued on Thursday with West Indies Petroleum dropping for a second day, with an overall decline of 37.5 percent from the peak at $14 and played a major role in the fall of the Jamaica Stock Exchange Main Market on Thursday. The JSE Index dropped just under 5,200 points after trading in 58 securities and ending with prices of 17 rising, 27 declining and 14 ending firm. The volume of stocks traded dropped by 29 percent, with the value declining by 51 percent, versus Wednesday.

The market closed with 8,562,905 shares trading for $45,031,832 after increasing from 12,120,147 stock units at $91,312,554 on Wednesday.
Trading averaged 147,636 shares at $776,411, down from 198,691 stock units at $1,496,927 on Wednesday and month to date, an average of 225,384 units at $1,500,327, dipping marginally from 233,612 shares at $1,576,946 on the previous day and December with an average of 395,435 stock units at $4,321,753.
Transjamaican Highway was the leading trade with an exchange of 3.44 million shares for 40.1 percent of the total volume, followed by Wigton Energy, ending with 1.23 million stock units for 14.3 percent of the volume traded and QWI Investments ended with 788,935 stock units for 9.2 percent of the volume traded.
The All Jamaican Composite Index dropped 6,870.74 points to 385,386.73, the JSE Main Index dived 5,291.80 points to end at 332,295.54 and the JSE Financial Index slipped 0.81 points to 62.85. At the close, the Investor’s Choice bid-offer indicator shows 10 stocks ending with bids higher than their last selling prices and four with lower offers.
The Main Market ended trading with an average PE Ratio of 16.9. The JSE Main and the USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2026.
At the close of the market, Berger Paints dipped 84 cents to close at $5.31 with traders dealing in a mere 759 shares, Carreras gained 45 cents to close at $18.90 after a transfer of 92,970 units, Eppley Caribbean Property Fund popped 49 cents to end at $47 with investors switching ownership of 485 stocks. Jamaica Producers fell 79 cents in closing at $22.21 after an exchange of 30,764 shares, Kingston Wharves skidded 50 cents to finish at $37 with 4,460 stock units crossing the market, Margaritaville sank $1.90 and ended at $12 in an exchange of 19 shares. Scotia Group shed $1.50 to $50, trading 38,538 units, West Indies Petroleum lost 77 cents and ended at $8.75 after trading as low as $8, with 432,420 stocks clearing the market and Wisynco Group slipped 74 cents to close at $19.21 in an exchange of 156,658 stock units.
In the preference segment, Sygnus Credit Investments 10% sank $2 to end at $107 with 21 shares crossing the market.
Prices of securities are those of the last traded transaction, unless otherwise stated.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: 138 Student Living, AS Bryden, Barita Investments, Berger Paints, Caribbean Cement, Caribbean Producers, Carreras, Daily Trading, Emerging markets, Eppley, Eppley Caribbean Property Fund, First Rock Capital, General Accident, GraceKennedy, Innovative Energy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Key Insurance, Kingston Properties, Kingston Wharves, Lasco Distributors, Lasco Manufacturing, Mayberry Group, Mayberry Jamaica Equities, NCB Financial, PANJAM Investment, Portland JSX, Proven Investments, QWI Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Sagicor Select Fund, Salada Foods, Scotia Group, Seprod, Stanley Motta, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Transjamaican Highway, Tropical Battery, Victoria Mutual Investments, West indies Petroleum, Wigton Windfarm, Wisynco Group

Transjam grabs 96% of JSE USD Market

January 15, 2026 by IC Insider.com

Transjamaican Highway, today’s volume leader, Accounted for just over 96 percent of all the shares traded on the US Dollar Market of the Jamaica Stock Exchange on Thursday, on a day when the volume of stocks traded jumped a sharp 127 percent with a 132 percent increased value than on Wednesday. Market activity resulted in an exchange of nine securities, compared with 10 on Wednesday and ended with prices of two rising, three declining and four ending unchanged.

The market closed following an exchange of 925,714 shares for US$57,121 after climbing from 408,120 stock units at US$24,622 on Wednesday.
Trading ended with an average of 102,857 shares at US$6,347, after an increase from 40,812 units at US$2,462 on Wednesday, with a month to date average of 38,067 shares at US$9,923, after falling from 32,177 stock units at US$10,249 on the previous day and December that ended with an average of 75,710 units for US$4,415.
The US Denominated Equities Index increased 7.48 points to end at 236.41. The Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and two with lower offers.
The PE Ratio, one of the most used measures to determine appropriate stock values, averages 10. The PE ratio is derived by dividing the last traded price by earnings per share. ICInsider.com compiles the earnings per share used in this report for companies with their financial year ending around August 2026.
At the close of the market, Productive Business Solutions ended at US$1.30 with 26 shares changing hands, Proven Investments dipped 1.35 cents to 8.5 US cents as investors exchanged 14,014 units, Sygnus Credit Investments sank 0.17 of one cent and ended at 6.5 US cents with 2,453 shares switching owners. Sygnus Real Estate Finance USD share remained at 6.19 US cents with investors swapping 150 stocks and Transjamaican Highway increased 0.3 of one cent to finish at 3.54 US cents after an exchange of 892,807 stock units.
In the preference segment, JMMB Group 7.5% remained at US$2 with investors trading 5,576 shares. while JMMB Group US8.5% dropped 8 cents to US$1.22 in an exchange of 10,558 units, AS Bryden 6% ended at US$1after an exchange of 30 stocks and Productive Business Solutions 9.25% popped 1.1 cents in closing at US$10.51 with a transfer of 100 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Global Market, Stock Market Tagged With: AS Bryden, Emerging market, Emerging market stock, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, JSE USD dollar market, Productive Business Solutions, Proven Investments, Sygnus Credit Investments, Sygnus Real Estate Finance, Transjamaican Highway

WI Petroleum weighs down JSE Main Market

January 14, 2026 by IC Insider.com

Winners outpaced the losers after trading in 61 securities, the same as for Tuesday on the Jamaica Stock Exchange Main Market on Wednesday, and ending with prices of 22 advancing, 17 declining and 22 ending firm. The major Market Index suffered a major slide, led by a big fall in the price of West Indies Petroleum at the close of the market. The volume of stocks traded rose marginally, while the value jumped 44 percent compared to Tuesday.

All Jamaican Composite Index dropped 4,439.85 points to close trading at 392,257.47, while the JSE Main Index dropped 3,209.13 points to settle at 337,587.34 and the JSE Financial Index dipped 0.24 points to 63.66. At the close, the Investor’s Choice bid-offer indicator ended with eight stocks with bids higher than their last selling prices and two with lower offers.
The market closed with 12,120,147 shares trading for $91,312,554 after rising from 11,727,312 stock units at $63,365,354 on Tuesday.
Trading averaged 198,691 shares at $1,496,927, up from 192,251 stock units at $1,038,776 on Tuesday. Trading for the month to date, averages of 233,612 units at $1,576,946, well in alignment with 237,987 shares at $1,586,969 on the previous day and below December with an average of 395,435 stock units at $4,321,753.
Transjamaican Highway led trading with 6.27 million shares for 51.7 percent of the total volume, after trading at a record close of $5.10, followed by Lasco Manufacturing, ending with 1.78 million stocks for 14.7 percent of the day’s trade and West Indies Petroleum with 1.36 million units for 11.2 percent of the day’s volume traded.
The Main Market ended trading with an average PE Ratio of 16.6. The JSE Main and the USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2026.
At the close of the market, Barita Investments climbed 60 cents to $73.60 with trading of 703 shares, Caribbean Cement dropped 59 cents in closing at $106.37 after an exchange of 11,031 stock units, Eppley Caribbean Property Fund sank 49 cents to $46.51 with investors trading 297 shares. Guardian Holdings rose $14 and ended at $344 in an exchange of 202 stocks, Kingston Wharves climbed $1.41 to finish at a 52 weeks high of $37.50 with 12,742 units passing through the market, NCB Financial popped $1.05 to close at $41 with 124,805 stocks changing hands. Proven Investments rallied 86 cents to $15.86 in trading 1,869 shares, Scotia Group slipped 50 cents to close at $51.50 with 52,644 stock units clearing the market, Seprod sank $5.50 in closing at $78.20 after an exchange of 200,605 units. Sygnus Credit Investments increased 61 cents to $12.41 with the swapping of 1,396 stocks, West Indies Petroleum dropped $2.88 and to $9.52 with an exchange of 1,360,894 shares and Wisynco Group gained 75 cents to finish at $19.95 with 131,552 stock units crossing the market.
In the preference segment, the 138 Student Living preference share fell $1 and ended at $249 as investors exchanged 12 units and Sygnus Credit Investments 10% rose $1 to $109 after a transfer of 23 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.opp

Trading drops on the JSE USD Market

January 14, 2026 by IC Insider.com

Trading ended with a 31 percent drop in volume and a 39 percent decline in value compared with Tuesday, at the close of the US Dollar Market of the Jamaica Stock Exchange on Wednesday, resulting from an exchange of 10 securities, compared with 12 on Tuesday, with prices of four rising, two declining and four ending unchanged.

First Rock traded at a 52 weeks high on Wednesday.

The market closed with an exchange of 408,120 shares for US$24,622, falling from 587,819 stocks at US$40,219 on Tuesday.
Trading ended with an average of 40,812 shares worth US$2,462 after sliding from 48,985 stock units at US$3,352 on Tuesday, with a month to date average of 32,177 units at US$10,249, which is well aligned with 31,206 stock units at US$11,124 on the previous day, but well lower than December, with an average of 75,710 units for US$4,415.
The US Denominated Equities Index increased 1.68 points to finish at 228.93, for a year to date gain of 8 percent. The Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and none with a lower offer.
The PE Ratio, one of the most used measures to determine appropriate stock values, averages 10. The PE ratio is derived by dividing the last traded price by earnings per share. ICInsider.com compiles the earnings per share used in this report for companies with their financial year ending around August 2026.
At the close of the market, First Rock Real Estate USD share advanced 0.19 of one cent to end at a 52 weeks high of 3.5 US cents with 8 shares changing hands, Margaritaville ended at 9 US cents in trading of 300 stocks, Productive Business Solutions remained at US$1.30 with 45 units crossing the market. Proven Investments slipped 0.02 of a cent to close at 9.85 US cents with trading in 67,408 shares, Sygnus Credit Investments rose 0.09 of a cent to finish at 6.67 US cents with 3,112 stock units crossing the market, Sygnus Real Estate Finance USD share fell 0.04 of a cent and ended at 6.19 US cents with dealers switching ownership of 7,113 shares and Transjamaican Highway climbed 0.14 of a cent to 3.24 US cents with investors trading 329,400 stocks.
In the preference segment, JMMB Group 7.5% ended at US$2 with an exchange of 10 units, JMMB Group US8.5% increased 27 cents to end at a 52 weeks high of US$1.30 with 5 stock units passing through the market and Sygnus Credit Investments 8% remained at US$10 as investors exchanged 719 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Global Market, Stock Market Tagged With: AS Bryden, Emerging market, Emerging market stock, First Rock Capital, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, JSE USD dollar market, Margaritaville, MPC Caribbean Clean Energy, Productive Business Solutions, Proven Investments, Sygnus Credit Investments, Sygnus Real Estate Finance, Transjamaican Highway

WI Petroleum lifts Main Market to 2026 high

January 13, 2026 by IC Insider.com

West Indian Petroleum hits a new high on the JSE Main Market on Tuesday, helping to drive the market indices skywards following trading in 61 securities, down from 63 on Monday and ending with prices of 23 securities increasing, 18 declining and 20 ending unchanged. Trading closed with the All Jamaican Composite Index surging a hefty 11,393.36 points to 396,697.32, the JSE Main Index leapt 8,196.42 points to 340,796.47 and the JSE Financial Index gained just 0.32 points to conclude trading at 63.90.

At the close, the Investor’s Choice bid-offer indicator shows 10 stocks ending with bids higher than their last selling prices and six with lower offers.
The market closed with 11,727,312 shares, up by 28 percent from 9,166,185 traded on Monday, with the value falling 16 percent to $63,365,354, compared to $75,224,446 on Monday.
Trading averaged 192,251 shares at $1,038,776rising from 145,495 stock units at $1,194,039 on Monday and month to date, an average of 237,987 units at $1,586,969 skidding slightly from 244,536 shares at $1,665,466 on the previous day and December with an average of 395,435 stock units at $4,321,753.
Transjamaican Highway led trading with 2.89 million shares for 24.6 percent of total volume followed by Innovative Energy ending with 1.98 million stocks for 16.9 percent of the day’s trade, Sagicor Select Financial Fund closed with 1.55 million stocks for 13.2 percent of the volume traded and Sagicor Select Manufacturing & Distribution Fund with 1.02 million stock units for 8.7 percent of market trade.
The Main Market ended trading with an average PE Ratio of 18.7. The JSE Main and the USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies, with financial years ending around August 2026.
At the close of the market, Barita Investments rallied by $1.65 to end at $73 with traders dealing in 2,306 shares, Berger Paints increased 79 cents to $6.09 in an exchange of 3,426 units, Caribbean Cement rose 96 cents to close at $106.96 with investors trading 4,786 shares. Carreras climbed 44 cents and ended at $18.49 after a transfer of 646,108 stock units, GraceKennedy rose $2 to finish at $72 with dealers switching ownership of 41,671 stocks, Guardian Holdings lost $10 in closing at $330 with investors dealing in 832 units. Jamaica Broilers advanced 44 cents to $16.94 with 72,718 shares crossing the exchange, Jamaica Stock Exchange skidded 45 cents in closing at $11.35 with 8,249 stock units changing hands, Kingston Wharves gained $1.99 to close at $36.09 with investors trading 7,235 stocks. Pan Jamaica rose $5.17 and ended at $51.68 after an exchange of 381 shares, Proven Investments sank 88 cents to end at $15 after dealers swapped 1,657 units and West Indies Petroleum climbed $2.98 to finish at a new closing high of $12.40 in trading 967,017 stocks.
In the preference segment, Jamaica Public Service 9.5% popped $290 and ended at $2,590 with 10 stock units crossing the market, Productive Business Solutions 10.5% increased $50 to $1,100 in an exchange of 5 shares and Sygnus Credit Investments 10% slipped $1 to close at $108 with 1,063 stock units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Volume up, value down on JSE USD Market

January 12, 2026 by IC Insider.com

Stocks traded in higher volumes on the US Dollar Market of the Jamaica Stock Exchange on Monday, with a 65 percent jump and a 76 percent drop in value compared to Friday, following trading in 10 securities, down from 14 on Friday, with prices of two rising, three declining and five ending unchanged.

The market closed with an exchange of 341,194 shares for US$12,521 compared to 206,954 stock units at US$51,717 on Friday.
Trading ended with an average of 34,119 shares valued at US$1,252 compared to 14,782 stock units at US$3,694 on Friday, with a month to date average of 28,436 units at US$12,335 compared with 27,588 stock units at US$13,989 on the previous day and December, ending with an average of 75,710 units for US$4,415.
The US Denominated Equities Index lost 0.31 points to wrap up trading at 222.15. The Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and none with a lower offer.
The PE Ratio, one of the most used measures to determine an appropriate stock value, averages 9.4. The PE ratio is derived by dividing the last traded price by earnings per share. ICInsider.com compiles the earnings per share used in this report for companies with their financial year ending around August 2026.
At the close of the market, First Rock Real Estate USD share advanced 0.38 of a cent to close at 2.88 US cents with 506 shares crossing the market, Margaritaville popped 0.5 of one cent to 9 US cents with an exchange of 55 stocks, MPC Caribbean Clean Energy ended at 41.28 US cents with 10 shares crossing the market. Productive Business Solutions sank 3 cents and ended at US$1.17 following trading of 60 units, Proven Investments dipped 0.4 of a cent to end at 9.5 US cents with investors dealing in 10,511 stock units, Sterling Investments remained at 2 US cents with 2,000 shares changing hands. Sygnus Credit Investments lost 0.01 of a cent to 6.49 US cents with investors trading 29,279 units, Sygnus Real Estate Finance USD share remained at 6 US cents after an exchange of 120 stocks and Transjamaican Highway ended at 3.15 US cents in trading 298,603 stock units.

In the preference segment, JMMB Group 7.5% remained at US$2 with 50 shares passing through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Global Market, Stock Market Tagged With: AS Bryden, Emerging market, Emerging market stock, First Rock Capital, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, JSE USD dollar market, Margaritaville, MPC Caribbean Clean Energy, Productive Business Solutions, Proven Investments, Sterling Investments, Sygnus Credit Investments, Sygnus Real Estate Finance, Transjamaican Highway

Big bounce in JSE Main Market

January 12, 2026 by IC Insider.com

The Jamaica Stock Exchange Main Market ended trading on Monday with the losers outpacing the winners after trading in 63 securities, compared with 60 on Friday, with prices of 18 rising, 22 declining and 23 ending unchanged, resulting in a sharp jump in the market indices. The volume of stocks traded fell 52 percent with a moderate decline in value compared to Friday.

The All Jamaican Composite Index popped 6,732.90 points to close trading at 385,303.96, the JSE Main Index climbed 4,565.08 points to 332,600.05 and the JSE Financial Index skidded 0.44 points to 63.58.
The Investor’s Choice bid-offer indicator shows 13 stocks ending with bids higher than their last selling prices and three with lower offers.
The market closed with 9,166,185 shares trading for $75,224,446, with the volume plunging from 19,130,466 stock units at $77,290,456 on Friday.
Trading averaged 145,495 shares at $1,194,039 after declining from 318,841 stock units at $1,288,174 on Friday and month to date, an average of 244,536 units at $1,665,466, after sliding from 261,724 shares at $1,747,284 on the previous day and December with an average of 395,435 stock units at $4,321,753.
Transjamaican Highway led trading with 2.24 million shares for 24.4 percent of total volume followed by Wigton Energy ending with 1.71 million stocks for 18.6 percent of the day’s trade and Sagicor Select Manufacturing & Distribution Fund with 1.39 million stock units for 15.1 percent of the day’s trade.
The Main Market ended trading with an average PE Ratio of 17.4.JSE Main and the USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2026.
At the close of the market, AS Bryden advanced by 84 cents to end at $31.19 with an exchange of a mere two shares, Barita Investments declined $1.65 to $71.35 with investors exchanging 5,308 stocks, Berger Paints sank 95 cents to finish at $5.30 with dealers switching ownership of 4,609 shares. GraceKennedy skidded $2 and ended at $70 with investors dealing in 21,979 stock units, Guardian Holdings sank $4.88 in closing at $340 in an exchange of 781 units, Jamaica Broilers dipped 45 cents to close at $16.50 with 48,866 stocks crossing the market. JMMB Group lost 86 cents to $16.62 with a transfer of 219,054 units, Kingston Wharves dropped $1.20 to close at $34.10 with 3,111 shares crossing the market, Massy Holdings shed 50 cents to end at $75.50 in trading 44,714 stock units. Mayberry Group fell 45 cents in closing at $7 with 2,223 shares crossing the exchange, Pan Jamaica slipped $4.94 and ended at $46.51 with investors dealing in 3,441 stock units, Proven Investments popped $1.93 to finish at $15.88 after an exchange of 78,074 units. Seprod gained 70 cents and ended at $83.70 with trading of 1,041 stocks, Supreme Ventures rose 49 cents to $16.99 with an exchange of 57,312 units and West Indies Petroleum climbed $2.16 to close at a record high of $9.42 with 34,943 stocks changing hands.
In the preference segment, Jamaica Public Service 7% increased $3.81 in closing at $43.89 with investors trading 58 shares, 138 Student Living preference share rallied $49 to finish at $250 in an exchange of 12 stock units, Productive Business Solutions 10.5% increased $76.75 to end at $1,050 with 69 shares clearing the market. Sygnus Credit Investments 10% climbed $3 in closing at $109, with investors swapping just one stock and Sygnus Credit Investments C10.5% sank $2 to $100, with 215,561 units passing through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE USD stocks hit 2026 high

January 9, 2026 by IC Insider.com

Trading climbed on the US Dollar Market of the Jamaica Stock Exchange closed on Friday, with an exchange of 14 securities, compared with 13 on Thursday, with the volume of stocks traded declining by a mere 9 percent, with a 207 percent greater value compared to Thursday, resulting in prices of six rising, three declining and five ending unchanged, with the market closing at the highest level for the year to date.

The market closed with an exchange of 206,954 shares for US$51,717 compared to 226,379 units at US$16,867 on Thursday.
Trading ended with an average of 14,782 shares at US$3,694 compared to 17,414 stock units at US$1,297 on Thursday, with a month to date average of 27,588 units at US$13,989, down from 30,970 stock units for US$16,708 on the preceding day, compared to December, with an average of 75,710 units for US$4,415.
The US Denominated Equities Index rose 1.28 points to close at 222.46, up 5 percent year to date. The Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and none with a lower offer.
The PE Ratio, one of the most used measures to determine appropriate stock values, averages 9.4. The PE ratio is derived by dividing the last traded price by earnings per share. ICInsider.com compiles the earnings per share used in this report for companies with their financial year ending around August 2026.
At the close, First Rock Real Estate USD share increased by 0.02 of a cent to finish at 2.5 US cents, with 1,059 shares crossing the exchange, Margaritaville lost 1.39 cents to close at 8.5 US cents in switching ownership of 200 units, MPC Caribbean Clean Energy climbed 5.38 cents to 41.28 US cents and closed after trading of 30 stocks. Productive Business Solutions rose 5 cents to end at US$1.20 in an exchange of 65 shares, Proven Investments rallied 0.3 of a cent and ended at 9.9 US cents, with 1,106 stock units crossing the market, Sterling Investments popped 0.1 of a cent to 2 US cents with investors dealing in 1,425 shares. Sygnus Credit Investments dipped 0.15 of one cent to 6.5 US cents with a transfer of 13,407 stock units and Transjamaican Highway ended at 3.15 US cents with investors swapping 151,661 stocks.

In the preference segment, JMMB Group 7.5% remained at US$2 after an exchange of 5,190 units. JMMB Group US8.5% slipped 15 cents to finish at US$1.03 with investors trading 32,700 stocks, AS Bryden 6% remained at US$1 after an exchange of one unit, Productive Business Solutions 9.25% ended at US$10.50, with 96 shares crossing the market. Sygnus Credit Investments 8% remained at US$10 as investors exchanged 10 stock units and Sygnus Credit Investments E8.5% advanced 54 cents to US$10.44 after four shares passed through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Global Market, Stock Market Tagged With: AS Bryden, Emerging market, Emerging market stock, First Rock Capital, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, JSE USD dollar market, Margaritaville, MPC Caribbean Clean Energy, Productive Business Solutions, Proven Investments, Sterling Investments, Sygnus Credit Investments, Sygnus Real Estate Finance, Transjamaican Highway

WI Petroleum PE hits unsustainable 245

January 9, 2026 by IC Insider.com

Trading ended on Friday, with West Indies Petroleum rallying 30 percent in closing at a new high of $7.26, at a PE of 245 times 2024 earnings on the Jamaica Stock Exchange Main Market and gained 1,350 percent since last year’s December listing. Trading closed with activity in 60 securities compared with 61 on Thursday, resulting in prices of 18 rising, 21 declining and 21 ending unchanged. At the close, trading volume and value declined 15 percent and 71 percent, respectively, compared to Thursday.

The market closed with 19,130,466 shares trading for $77,290,456, down from 22,504,770 stock units at $265,888,107 on Thursday.
Trading averaged 318,841 shares at $1,288,174, down from 368,931 stocks at $4,358,821 on Thursday and month to date, an average of 261,724 stock units at $1,747,284 compared with 250,414 shares at $1,838,196 on the previous day and December with an average of 395,435 stock units at $4,321,753.
Innovative Energy led trading with 8.61 million shares for 45 percent of total volume, followed by Transjamaican Highway, with 5.10 million stocks for 26.7 percent of the day’s trade, Sagicor Select Manufacturing & Distribution Fund closed with 1.04 million stocks for 5.4 percent of the stocks traded and Sagicor Select Financial Fund contributed 1.01 million units for 5.3 percent of market share.
The All Jamaican Composite Index gained 1,867.15 points to close at 378,571.06, up 3.6 percent for the year to date, the JSE Main Index rallied 1,332.55 points to 328,034.97, for a 3.2 percent year to date gain and the JSE Financial Index slipped 0.19 points to finish at 64.02. At the close, the Investor’s Choice bid-offer indicator shows 12 stocks ending with bids higher than their last selling prices and five with lower offers.
The Main Market closed trading with an average PE Ratio of 15.7. The JSE Main and the USD Market PE ratios are based on the last traded prices along with earnings forecasted by ICInsider.com for the fiscal year around August 2026.
At the close of the market, Barita Investments declined by $1.66 in closing at $73 after an exchange of 26,201 shares, Caribbean Cement rose $1 to $106 with investors dealing in 37,689 units, GraceKennedy popped $2 to finish at $72 after a transfer of 114,113 shares. MPC Caribbean Clean Energy lost $1 and ended at $44 after trading of 10 stock units, Pan Jamaica dropped 53 cents to close at $51.45 as investors exchanged 584 stocks, Proven Investments sank $1.55 to end at $13.95 in trading 8,651 units. Seprod skidded 85 cents to $83 after an exchange of 422 shares, Stanley Motta climbed 48 cents to close at $6.98 with investors trading 3,076 stock units, Supreme Ventures rose $1 and ended at $16.50 with an exchange of 420,858 stocks. Sygnus Credit Investments fell 66 cents to end at $11.75, with 42,238 units crossing the market and West Indies Petroleum rallied $1.69 in closing at a record high of $7.26, with investors exchanging 423,872 shares, with the stock surging 1,350 percent since listing.
In the preference segment, Eppley 7.25% preference share gained $1.20 to finish at $19.20 in switching ownership of 878 stock units, 138 Student Living preference share advanced $11 to $201, with one share crossing the exchange and Sygnus Credit Investments 10% dipped $4 in closing at $106, with 498 units changing hands units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

WI Petroleum boosts JSE Main Market

January 8, 2026 by IC Insider.com

The late December listed West Indian Petroleum increased $1.05 in closing at a record high of $5.57, with the PE surging to an outrageous 111 times 2024 earnings and contributing to 61 percent of the market index gains. The Jamaica Stock Exchange Main Market ended on Thursday, with the volume traded rising 53 percent and the value 262 percent more compared to Wednesday, with trading in 61 securities, similar to Wednesday, with prices of 27 rising, 16 declining and 18 ending unchanged.

Trading closed with an exchange of 22,504,770 shares with a value of $265,888,107, up from 14,708,083 stock units worth $73,546,829 on Wednesday.
Trading averaged 368,931 shares at $4,358,821 compared to 241,116 units at $1,205,686 on Wednesday and month to date, an average of 250,414 stock units at $1,838,196 compared with 220,540 shares at $1,202,832 on the previous day and December ending with an average of 395,435 stock units at $4,321,753.
Supreme Ventures led trading with 11.46 million shares for 50.9 percent of total volume, followed by Transjamaican Highway, ending with 3.50 million stock units for 15.5 percent of the day’s trade, Innovative Energy closed with 2.38 million units for 10.6 percent of the volume traded and Wigton Energy with 1.14 million shares for 5.1 percent of market share.
The All Jamaican Composite Index advanced 4,267.41 points to 376,703.91, the JSE Main Index rallied 2,754.03 points to conclude trading at 326,702.42 and the JSE Financial Index gained 0.23 points to wrap up trading at 64.21. At the close, the Investor’s Choice bid-offer indicator shows eight stocks ending with bids higher than their last selling prices and four with lower offers.
The Main Market ended trading with an average PE Ratio of 15.1. The JSE Main and the USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2026.
At the close, AS Bryden dipped $3.10 and ended at $30.35, with trading of 1,098 shares, Berger Paints popped 65 cents to $5.95 with a transfer of 1,813 stocks, Caribbean Cement increased 40 cents in closing at $105 with investors swapping 12,466 units. Jamaica Producers fell 88 cents to $23 in switching ownership of 611 shares, JMMB Group rose 47 cents to close at $17.50 after an exchange of 69,124 stock units, Kingston Wharves shed 70 cents to finish at $35.30, with 3,631 shares changing hands. Margaritaville rose $2.43 to $13.97 in an exchange of 8 stocks, Massy Holdings advanced 99 cents in closing at $76 with investors trading 316 units, Pan Jamaica gained $1.03 to finish at $51.98 after a transfer of 1,365 stock units. Proven Investments rallied 50 cents and ended at $15.50 with 40,687 shares crossing the exchange, Scotia Group rose $1.35 to close at $52 with investors dealing in 364,500 stocks, Seprod climbed $5.64 to end at $83.85 in an exchange of 616 units. Stanley Motta sank 47 cents to $6.50, after 752 stock units passed through the market, Supreme Ventures dropped 48 cents to end at $15.50 with traders dealing in 11,457,097 shares and West Indian Petroleum increased $1.05 in closing at record $5.57 with 839,687 stocks crossing the market, with a released of shares by at least a connected party, in booking hefty profits.
In the preference segment, Eppley 7.25% preference share shed 50 cents to close at $18 as investors exchanged 12 units, Eppley 7.75% preference share sank $3.17 to finish trading at $17.99, with 8,593 stocks crossing the market, Jamaica Public Service 7% slipped $3.72 and ended at $40.08 with investors trading 7 shares. 138 Student Living preference share lost $25.25 to close at $190 wwith an exchange of 50 stocks, Sygnus Credit Investments 10% popped $4 in closing at $110 after an exchange of 67 units and Sygnus Credit Investments C10.5% skidded $1.95 to finish at $102, with 251,964 stock units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.