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.
At the close of the market, the JSE Combined Market Index climbed by 2,349.41 points to end at 336,556.42, at the same time the All Jamaican Composite Index gained 4,267.41 points to end at 376,703.91, the JSE Main Index gained 2,754.03 points to close trading at 326,702.42,while the Junior Market Index shed 40.29 points to finish at 3,369.24 and the JSE USD Market Index slipped 0.90 points to end at 221.16.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13.9 compiled from 2026-27 earnings and 15.2 based on 2024 earnings, which excludes major one time income or expense.
The market closed with 14,708,083 shares trading worth $73,546,829, compared with 15,161,289 stock units at $89,302,685 on Tuesday.
At the close, the Investor’s Choice bid-offer indicator shows 12 stocks ending with bids higher than their last selling prices and four with lower offers.
Scotia Group sank $1.59 to end at $50.65 after an exchange of 5,766 shares, West Indies Petroleum rallied $1.07 in closing at $4.52 with investors dealing in 7 stock units and Wisynco Group skidded 74 cents to finish at $19.20 in an exchange of 40,108 shares.
At the close of the market, with the newly listed West Indian Petroleum trading at a new record high of $4.52 and a PE ratio of an incredible 152, the JSE Combined Market Index rose 3,051.39 points to end at 334,207.01, the All Jamaican Composite Index increased by 3,581.55 points to 372,436.50, the JSE Main Index advanced 3,065.20 points to 323,948.39, the Junior Market Index rose 16.64 points to 3,409.53 and the JSE USD Market Index increased 10.20 points to conclude trading at 222.06.
In Junior Market trading, JFP led with 108.29 million shares, followed by Kintyre Holdings with 2.91 million stocks and Atlantic Hardware with 1.81 million units.
The market closed with 15,161,289 shares being traded at $89,302,685 compared to 13,515,579 stock units at $63,554,888 on Monday.
At the close, Barita Investments fell $1 to $70, following trading in 4,204 shares, before the company announced the acquisition of JN Fund Managers, in a move that should boost profit. Caribbean Cement slipped 90 cents to close at $104.60 with investors dealing in 13,729 units, GraceKennedy sank $3.49 in closing at $69.01, with 59,641 stocks crossing the market. Jamaica Producers rose $1.68 and ended at $23.88, with investors exchanging 206 shares, JMMB Group declined 95 cents to end at $17.05, with 9,525 stock units changing hands, Proven Investments sank $1.29 to finish at $14.21 in trading 1,815 shares. Seprod dipped $5.71 to $78.20 after 6,847 stock units passed through the market, Supreme Ventures increased 50 cents to finish at $15.99 with investors swapping 28,385 units, Sygnus Credit Investments lost 41 cents and ended at $12 after closing with trading in 7,919 stocks and
At the close of the market, there was buying interest for over 20 million shares, ranging from 45 cents to a high of $3.45.
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.
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.
On a day of below-average trading, that closed with an exchange of 13,515,579 shares at $63,554,888 compared to 9,985,799 stock units at $64,681,027 on Friday.
At the close on a day of mostly negative price changes, AS Bryden sank $2.36 to finish at $31, with 2,238 shares clearing the market, Barita Investments rose $1.15 and ended at $71 after a transfer of 1,189 stock units, Berger Paints fell 86 cents to $5.34 after trading of 7,652 shares. Carib Cement dropped 50 cents to $105.50, after 9,625 stock units passed through the market, First Rock Real Estate climbed 41 cents to $10.50, with investors swapping 800 units, GraceKennedy sank 47 cents in closing at $72.50, with 30,701 shares crossing the market. Jamaica Producers skidded $1.68 to $22.20 with a transfer of 878 units, Jamaica Stock Exchange lost 92 cents to end at $11 as investors exchanged 49,819 stocks, JMMB Group declined $1.20 in closing at $18, with 36,205 stock units crossing the market. Margaritaville shed 44 cents to close at $11.54 with investors dealing in 85 shares, Mayberry Group popped 66 cents and ended at $7.66 in an exchange of 606 stocks, MPC Caribbean Clean Energy dropped $2 to finish at $45, with 67 units changing hands.
NCB Financial slipped 75 cents to $39 with an exchange of 55,965 stock units, Pan Jamaica advanced $6 to end at $51, after closed with 3,509 shares changing hands, Proven Investments sank 49 cents in closing at $15.50 with investors trading 982 stock units. Scotia Group dropped 55 cents and ended at $52.45 after an exchange of 42,504 units, Seprod rallied 71 cents to close at $83.91 with investors trading 12,109 stocks, Supreme Ventures lost $1 to finish at $15.49 after an exchange of 1,583,115 units and West Indian Petroleum increased 64 cents and ended at a record high of $2.59 in trading a mere one share.
At the close of the market, the JSE Combined Market Index dropped 4,265.80 points to 325,472.58, the All Jamaican Composite Index declined by 3,694.26 points and ended at 363,505.90, the JSE Main Index plunged by 4,212.23 points to end at 315,271.70, the Junior Market Index fell 33.09 points to 3,348.78 and the JSE USD Market Index lost 3.03 points to settle at 211.05.
The market’s PE ratio, the most popular measure used to value stocks, ended at 15.6 based on 2026-27 earnings and 16 based on 2025-26 historical earnings, excluding any major one time income or expense.
The market closed with an exchange of 9,985,799 shares for $64,681,027 compared to 138,255,200 stock units at $802,340,940 on Wednesday.
At the close of the first day trading in 2026, Barita Investments shed $5.90 in closing at a 52 weeks low of $69.85 after an exchange of 2,504 shares, Caribbean Cement sank $1.50 to end at $106, after the trading of 5,487 stocks, Eppley Caribbean Property Fund rose 40 cents to close at $47.15 with an exchange of 555 units. First Rock Real Estate dropped 87 cents to finish at $10.09, with 3,963 shares crossing the exchange, Guardian Holdings rose $2.40 and ended at $344.90 with traders dealing in 103 stock units, JMMB Group lost 75 cents to end at $19.20 in an exchange of 87,839 shares. Kingston Wharves rallied $4.49 in closing at $36.49 with investors trading 1,991 stock units, Mayberry Group skidded 90 cents to $7, after 18,733 stocks passed through the market, Mayberry Jamaican Equities sank 49 cents to close at $8.51 as investors exchanged 143 units. NCB Financial popped $3.75 and ended at $39.75 after it closed with 125,392 shares changing hands, Pan Jamaica dropped $6 to end at $45 with investors swapping 775 stock units, Proven Investments increased $2.24 to finish at $15.99, with an exchange of 3,579 stocks.
Sagicor Group fell 48 cents and ended at $41, with 83,824 units crossing the market, Seprod shed 78 cents to $83.20 after trading of 8,205 stocks, Supreme Ventures dipped $3.07 to end at $16.49 after a transfer of 1,605,332 units. Sygnus Credit Investments advanced 72 cents in closing at $12.40 with investors trading 25,837 shares, Sygnus Real Estate Finance gained $1.15 to close at $13 in switching ownership of 1,930 stock units, West Indian Petroleum rose 64 cents to finish at a record high of $1.95 after an exchange of only one share and Wisynco Group advanced 46 cents and ended at $19.96 with a transfer of 83,839 stock units.
At the close of the market, the JSE Combined Market Index increased 1,293.84 points to 329,738.38, the All Jamaican Composite Index popped 1,885.78 points to close at 367,200.16, the JSE Main Index climbed 1,497.05 points to wrap up trading at 319,483.93, the Junior Market Index dropped 19.54 points to finish at 3,381.87 and the JSE USD Market Index increased 1.92 points to 214.08.
In the preferred segment of the market, Jamaica Public Service 7% gained $3.63 to finish at $40, 138 Student Living preference share popped $2.99 to $250, Productive Business Solutions 10.5% rallied $85 to end at $1,145, Sygnus Credit Investments 10% slipped $4 to $106 and Sygnus Credit Investments C10.5% rose $1.95 to close at $104.