Investors drove the Jamaica Stock Exchange Main Market Index up by a solid 1,868.46 points on Thursday, pushing the gains for the year to 4.3 percent, with Transjamaican Highway and newly listed West Indies Petroleum being the two major contributors. At the close of trading, the volume of stocks traded rose 40 percent and the value climbed by 80 percent over Wednesday, resulting from 59 securities changing owners, down from 62 on Wednesday, with prices of only 16 rising, 26 declining and 17 ending unchanged.
Trading closed with an exchange of 18,732,577 shares valued at $100,569,406, after it increased from 13,423,567 stock units at $55,863,861 on Wednesday.
Trading averaged 317,501 shares at $1,704,566, after rising from 216,509 stock units at $901,030 on Wednesday and month to date, an average of 233,160 stock units at $1,435,883, in close alignment with 227,312 shares at $1,417,255 on the previous day, but well off from December with an average of 395,435 units at $4,321,753.
Transjamaican Highway led trading with 14.10 million shares for 75.2 percent of the total volume followed by Sagicor Select Manufacturing & Distribution Fund, ending with 1.20 million stocks for 6.4 percent of the day’s trade and Innovative Energy with 1.10 million stock units for 5.9 percent of the volume traded.
The All Jamaican Composite Index popped 1,818.80 points to finish at 384,385.78, the JSE Main Index popped 1,868.46 points to end at 331,596.95 and the JSE Financial Index advanced 0.29 points to finish at 63.65. At the close, the Investor’s Choice bid-offer indicator shows nine stocks ending with bids higher than their last selling prices and two with lower offers.
The Main Market ended trading with an average PE Ratio of 17. The JSE Main and the USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with fiscal years ending around August 2026.
At the close of the market, AS Bryden advanced 80 cents to end at $32 with 9 shares crossing the market, while Barita Investments popped 53 cents to $71.53 after trading 3,491 units, GraceKennedy dipped 95 cents and ended at $71 after traders swapped 21,302 shares, Guardian Holdings fell $4 to close at $340 with investors trading 469 stock units. Massy Holdings declined 40 cents to finish at $74 with 7,594 stocks passing through the market, Mayberry Jamaican Equities climbed $1.68 in closing at $8.23 with a transfer of 5,264 units, MPC Caribbean Clean Energy rose $2 to $44 with investors dealing in 348 stocks.
Pan Jamaica shed 79 cents and ended at $49.51 with 14,760 shares changing hands, Proven Investments dropped 37 cents to finish at $14.13 with an exchange of 6,315 stock units, Sagicor Group gained 81 cents in closing at $41.51 with 1,251 shares crossing the market, Seprod lost 87 cents to end at $79 in an exchange of 6,765 stock units and West Indies Petroleum rallied $1.35 to close at $8.35 with stock market speculators trading in 7,677 stocks.
In the preference segment, Productive Business Solutions 10.5% skidded $2 to $1,133 after an exchange of 80 units and Sygnus Credit Investments C10.5% declined by $1.24 and ended at $98.75 with investors swapping 942 stocks.Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the close of the market, the JSE Combined Market Index gained 2,174.62 points to wrap up trading at 341,169.38, the All Jamaican Composite Index rose 1,818.80 points to 384,385.78, the JSE Main Index popped 1,868.46 points to 331,596.95, the Junior Market Index rallied a solid 54.46 points to finish at 3,359.27 after the market hit a high during the day at 3,384 points in late morning trading and the JSE USD Market Index rose by just 0.61 points to finish at 239.59.
In Junior Market trading, Kintyre Holdings led with 4.16 million units, followed by Dolla Financial with 3.35 million shares and EduFocal with 1.06 million units.
The market closed with 13,423,567 shares trading for $55,863,861, down from 14,336,129 stock units at $85,336,664 on Tuesday.
The All Jamaican Composite Index rose 279.73 points to settle at 382,566.98, the JSE Main Index declined 196.45 points to wrap up trading at 329,728.49 and the JSE Financial Index gained 0.22 points to finish at 63.36. At the close, the Investor’s Choice bid-offer indicator concluded trading with nine stock units ending with bids higher than their last selling prices and five with lower offers.
Pan Jamaica popped $3.35 to finish at $50.30 after an exchange of 727 units. Sagicor Group sank $1.05 and ended at $40.70 with investors swapping 42,973 shares and Sygnus Real Estate Finance skidded 45 cents to $11.55 with 969 stock units passing through the market.
At the close of the market, the JSE Combined Market Index dipped 119.27 points to finish at 338,994.76, the All Jamaican Composite Index climbed by 279.73 points to 382,566.98, the JSE Main Index slipped 196.45 points to 329,728.49, the Junior Market Index rallied 9.68 points higher to 3,304.81 and the JSE USD Market Index declined by 9.42 points to end at 238.98.
The market’s PE ratio, the most popular measure used to value stocks, ended at 14.5 compiled using 2026-27 projected earnings and 15.5 based on 2025 historical earnings, and excludes any major one time income or expense.
The market closed with 14,336,129 shares trading for $85,336,664 after an increase from 11,988,984 stock units at $61,180,712 on Monday.
At the close of the market, Barita Investments dropped 51 cents to end at $73.20 after trading of 2,146 shares, Caribbean Cement dropped $1.90 to close at $105 after investors dealt in 8,839 units, GraceKennedy climbed by 74 cents to $71.94 after an exchange of 20,084 shares. Guardian Holdings lost $3 in closing at $340 after 789 stocks passed through the market, while the Jamaica Stock Exchange advanced 53 cents and ended at $11.78 with traders dealing in 345 stocks, Kingston Wharves declined 50 cents to finish at $37.50 with market participants switching ownership of 16,821 units. Massy Holdings sank 50 cents to $74.50 with 4,798 shares crossing the market, Mayberry Group rose 35 cents and ended at $6.95 after trading of 3,380 stock units, MPC Caribbean Clean Energy skidded $2 to finish at $42 with 500 stocks passing through the market. NCB Financial fell 74 cents in closing at $40.75 in an exchange of 279,234 shares,
Proven Investments slipped 68 cents to close at $14.42 with 1,899 stocks clearing the market, Scotia Group shed 50 cents to end at $49.50 with an exchange of 114,619 units and Sygnus Real Estate Finance dipped $1 in closing at $12 with 1,038 stock units crossing the market.
At the close of the market, the JSE Combined Market Index dropped 237.66 points to 339,114.03, the All Jamaican Composite Index shed 603.84 points to end at 382,287.25, the JSE Main Index slipped 271.61 points to 329,924.94, the Junior Market Index gained a mere 3.13 points to close trading at 3,295.13 and the JSE USD Market Index popped 2.81 points to 248.40.
The ICInsider.com PE ratio chart and the more detailed daily charts provide investors with regularly updated information to help with decision-making. The PE ratio chart covers all of the ordinary shares that are listed on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons within a sector and the overall market.
The market closed with a fall of 30 percent in the volume traded, with an exchange of 11,988,984 shares down from 17,111,569 stock units on Friday, valued at $61,180,712, down 35 percent from $94,504,692 previously.
The Main Market ended trading with an average PE Ratio of 16.2, approximately 14, when adjusted for the overvaluation of West Indies Petroleum at 140. The JSE Main and the USD Market PE ratios are based on the last traded price and earnings ICInsider.com computes for companies with the fiscal year ending around August 2026.
Sagicor Group advanced 45 cents in closing at $41.75 in trading 36,148 stock units, Sygnus Real Estate Finance rose 50 cents and ended at $13 clearing the market with 7,702 shares and Transjamaican Highway ended with trading of 6.159,444 shares with an increase of 34 cents to close at a record high of $5.64.
In the preference share market, Jamaica Public Service 7% sank $3.98 to close at $40, Jamaica Public Service 9.5% rose $8 in closing at $2,598 and Productive Business Solutions 10.5% rallied $29.99 to $1,150.
A total of 17,111,569 shares were exchanged, valued at $94,504,692 after jumping from 8,562,905 stock units at $45,031,832 on Thursday.
The Main Market ended trading with an average PE Ratio of 15.6. 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.
Sygnus Real Estate Finance sank 50 cents to finish at $12.50 with traders dealing in 241 units, West Indies Petroleum dropped by $1.75 and ended at $7 after an exchange of 164,463 stocks and Wisynco Group climbed 79 cents to close at $20 with investors swapping 60,606 shares.
Trading ended with the JSE Combined Market Index skidding 2,524.64 points to wrap up trading at 339,007.64, the All Jamaican Composite Index shed 3,460.44 points to 381,926.29, and the JSE Main Index sank 2,664.45 points to conclude trading at 329,631.09. The Junior Market Index popped 3.53 points to end at 3,319.75 and the JSE USD Market Index fell 3.60 points to finish at 232.81.