The Main Market closed on Friday, October 30, with the JSE Market Index at 385,199.03 points, a gain of 67,212.15 points, or 21.14 percent, from its 2025 year-end close of 317,986.88. The advance was led by a handful of very large movers, with West Indies Petroleum Terminals more than sextupling in value, while a number of securities lost a third or more of their value.
The gain in the index is the highest since 2019, when the market index rose 34 percent, the year before the COVID pandemic in 2020. the current year seems set to be the third consecutive year of increase for the market index.
West Indies Petroleum led the the top winners by a wide margin with a gain of 656.49 percent that dwarfed the second placed mover, NCB Financial Group, with a gain of 106.94 percent and followed by Transjamaican Highway jumping 103.48 percent. Cigarette distributor Carreras advanced 61.11 percent, coming off from a high of $36.21, earlier in the year, when it doubled in price. Lasco Manufacturing rose a respectable 38.41 percent and Scotia Group, which is being taken private at $75 per share, gained 32.08 percent.
Kingston Properties appreciated 30.85 percent, Sagicor Real Estate Fund ended with a gain of 18.75 percent, General Accident was next after gaining 16.13 percent and surprisingly, RJR Group, the loss maker that is being restructured, rounded out the top ten, gaining 14.04 percent.
At the other end of the market, Palace Amusement Company and A.S. Bryden Holdings were the weakest performers in the market for the year to date, each declining by 50 percent. Mayberry Group dropped by 36.71 percent and Portland JSX declined by 33.50 percent. Sygnus Real Estate Finance lost 28.52 percent and PROVEN Group declined 27.27 percent.
Tropical Battery Company was down 20 percent, First Rock Real Estate Investments fell by 18.80 percent, while Wigton Windfarm, suffering from delayed build-out of its new solar power generation plant, suffered a loss of 18.18 percent, and the Jamaica Stock Exchange declined 17.88 percent.
The market closed with trading of 19,590,680 shares for $35,932,610, after rising from 14,007,097 units at $26,566,861 on Thursday.
At the close of trading, the Junior Market Index popped 22.94 points to end at 3,232.63. The Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and one with a lower offer.
Elite Diagnostic declined by 7 cents in closing at $1.74 with a transfer of 31 stocks. ISP Finance shed 35 cents to end at $12 after an exchange of 369 units, Jamaican Teas rose 14 cents to settle at $2.19 with 4,151,714 stock units crossing the market, Lumber Depot climbed 19 cents and ended at $2.70 with an exchange of 1,001,500 shares. Mailpac Group increased 24 cents to finish at $2.60 with 1,506,235 units clearing the market, ONE on ONE Educational advanced 5 cents and ended at 85 cents with a transfer of 1,379,071 stocks and Regency Petroleum rallied 16 cents to close at $4.37 with investors swapping 620,115 stock units.
The All T&T Index gained 30.78 points, or 2.25 percent, ahead of its 2025 close of 1,370.90. The SME Index shed 20.45 points, or 21.74 percent, from 94.06 at the end of 2025. It is the only index to fall for the period.
Stocks declining were led by two sharp declines, with CinemaONE dropping by 51 percent and A.S. Bryden Holdings down 47 percent. Endeavour Holdings declined 31 percent and Agostini’s fell by 30 percent. L.J. Williams lost near 22 percent and Angostura Holdings 19 percent. Smaller declining stocks were Massy Holdings at 10.57 percent, Medcorp at 8.88 percent, Prestige Holdings at 6.46 percent and ANSA McAL at 3.87 percent.
At the end of the market activity, the JSE Combined Market Index rose 924.26 points to 391,506.80, as the All Jamaican Composite Index popped 1,223.83 points to close at 461,804.26, the JSE Main Index climbed 794.50 points to end at 385,199.03, the Junior Market Index rallied 22.94 points to settle at 3,232.63 and the JSE USD Market Index popped 1.99 points to close at 290.24.
Among the top losers, Scotia Group declined by $1 to end at $70.00, Carreras dropped by 90 cents in closing at $29.00, General Accident skidded by 75 cents to $7.20, GraceKennedy fell 51 cents to end at $81.49 and Jamaica Broilers shed 49 cents to finish at $14.30.
The market closed with an exchange of 120,499 shares for $777,222 after tumbling from 242,403 stock units at $2,228,500 on Thursday.
At the close of Friday’s trading session, Agostini lost $1.05 and ended at a 52 weeks low of $43.95 with 1,525 shares crossing the market, Ansa McAl closed at $42.01 with a transfer of 25 units, AS Bryden fell 15 cents to end at $1 following a transfer of 23,245 shares. CIBC Caribbean Bank remained at $8.15 with 4 stock units changing hands, Endeavour Holdings stayed at $12.75 with investors swapping just 2 shares, First Citizens Group skidded by 50 cents and ended at $37 in an exchange of 1,329 stocks. GraceKennedy fell 5 cents to $3.70 with investors trading 112 units, Guardian Holdings gained 60 cents in closing at $17.50 with 75 stock units passing through the market, JMMB Group popped 8 cents and settled at 89 cents with a transfer of 270 shares. Massy Holdings ended at $3.30 with 7,639 stock units crossing the exchange, National Enterprises dipped 15 cents to finish at $5.40 with investors trading 25,184 units, National Flour Mills finished at $1.64 with an exchange of 670 stocks. NCB Financial remained at $3.20 with 95 units crossing the market,
Point Lisas stopped at $7.31 as investors exchanged 57 stocks, Prestige Holdings climbed 30 cents to $12.30 after trading of 20 shares. Republic Financial rose $1 to $114 with 1,546 stock units clearing the market, Trinidad & Tobago NGL shed 5 cents to close at $9.95 with investors dealing in 21,885 shares, Trinidad Cement rallied 1 cent to end at $2 after an exchange of 36,295 stock units. Unilever Caribbean remained at $15.40 after a transfer of 181 stocks and West Indian Traders remained at $2.13, with ownership of 340 shares being switched.
Trading ended with 14,007,097 shares changing hands for $26,566,861, after climbing from a mere 4,854,941 units at $7,919,796 on Wednesday.
At the close of trading, AMG Packaging shed 6 cents to close at $1.75 after an exchange of 1,591 stock units, Caribbean Cream rose 98 cents to finish at $4.83, with 1,953 shares passing through the market, Consolidated Bakeries fell 15 cents and ended at $1.40 after trading of 392 stocks. Dolla Financial dropped 8 cents to $3.66 with an exchange of 211,861 units, Dolphin Cove climbed 77 cents in closing at $10.13 with 911 stocks clearing the market, Fontana rose 9 cents and ended at $6.49 with a transfer of 20,378 shares. Fosrich gained 15 cents to close at $1.55 in trading 2,006,350 stock units, Honey Bun lost 15 cents in closing at $7 with 5,839 units crossing the exchange, Image Plus slipped 10 cents to finish at $1.49 with investors trading 183,275 stocks. ISP Finance jumped $2.47 to end at $12.35 in an exchange of 640 shares, Jamaican Teas fell 13 cents in closing at $2.05 with 3,075,458 units crossing the market, Lasco Financial rallied 6 cents to end at $1.57 as investors exchanged 30,620 stock units.
Lumber Depot dipped by 15 cents and ended at $2.51 with a transfer of 1,154,333 shares, Mailpac Group advanced 5 cents to finish at $2.36 with 2,207,001 stock units crossing the market, ONE on ONE Educational rose 8 cents to close at 80 cents in an exchange of 1,384,263 units. Paramount Trading climbed 20 cents to end at $1.03 with 3,000 stocks changing hands, Regency Petroleum popped 13 cents in closing at $4.21 after a transfer of 160,967 shares and Stationery and Office Supplies rallied 6 cents to $1.65 in switching ownership of 810,910 stocks.
At the end of the market activity, the JSE Combined Market Index gained 1,840.65 points to 390,582.54, the All Jamaican Composite Index rallied 1,117.19 points to end at 460,580.43, the JSE Main Index popped by 1,524.98 points to close trading at 384,404.53, the Junior Market Index rallied 53.30 points to 3,209.69 and the JSE USD Market Index rose 5.68 points to end at 288.25.
Among the top losers, Eppley shed $3.13 to end trading at $30.55, GraceKennedy dipped by $1 to $82, Jamaica Producers fell by 90 cents and ended at $20.00, NCB Financial skidded by 63 cents to finish at $73.77 and Mayberry Group fell 36 cents to end at $5.00.
The market closed with trading of 242,403 shares worth $2,228,500 after tumbling from 583,508 stock units at $3,388,620 on Wednesday.
Ansa Merchant Bank increased $3.49 to close at $28.50 after trading of 3 stocks, AS Bryden climbed 15 cents to end at $1.15 in an exchange of a mere one unit, CIBC Caribbean Bank popped 1 cent in closing at $8.15 with 981 stocks crossing the market. Endeavour Holdings advanced 5 cents to finish at $12.75 with an exchange of 11 shares, Eric Solis Marketing closed at $5.57 with 21 stock units crossing the market, First Citizens Group ended at $37.50 in switching ownership of 7,240 shares. GraceKennedy rose 5 cents to close at $3.75 with 38 stocks crossing the exchange, Guardian Holdings skidded by 60 cents to end at $16.90 with investors trading 2,924 units, Guardian Media remained at 75 cents after a transfer of 51,000 stock units. JMMB Group ended at 81 cents in trading 403 shares, L.J. Williams B share gained 11 cents in closing at 86 cents with 3 units passing through the market, Massy Holdings ended at $3.30 with investors trading 130,981 stocks. Medcorp fell 1 cent after closing at $43.74 with with 10 stock units clearing the market, National Enterprises remained at $5.55 with investors swapping 56 shares, National Flour Mills slipped 1 cent and ended at $1.64 after an exchange of 906 stock units.
NCB Financial lost 5 cents to end at $3.20 with a transfer of 3,254 units, Point Lisas ended at $7.31 after an exchange of 754 stocks, Republic Financial shed $1 and ended at $113 with investors dealing in 9,600 units. Scotiabank rallied 95 cents to end at $49 as investors exchanged 600 shares, Trinidad & Tobago NGL declined by 15 cents, after closing at $10 with 12,603 stock units clearing the market, Unilever Caribbean remained at $15.40 after trading of 5,295 stocks and West Indian Tobacco ended at $3.85 with 14,642 units crossing the market.
The market closed with trading of 4,854,941 shares for $7,919,796, up from 4,582,347 stock units at $7,908,126 on Tuesday.
The Junior Market ended trading with an average PE Ratio of 11.7. ICInsider.com computes the PE ratios derived by dividing the last traded stock price by earnings per share for companies with the fiscal years ending around August 2027.
Honey Bun shed 9 cents to close at $7.15 with 15,745 stock units changing hands, Image Plus rose 6 cents to end at $1.59 with a transfer of 73,073 shares. Knutsford Express climbed 36 cents to finish at $8.51 after an exchange of 1,387 stocks, Lasco Financial dipped by 16 cents and ended at $1.51 with investors dealing in 652 units, Paramount Trading fell 7 cents in closing at 83 cents after an exchange of 216,824 stock units and Regency Petroleum skidded by 6 cents to end at $4.08 in trading 43,856 shares.
The market closed with an exchange of 583,508 shares worth $3,388,620, up from 134,988 stocks $1,358,532 on Tuesday.
CIBC Caribbean Bank dipped by 1 cent to $8.14 in trading 3,000 shares, Endeavour Holdings climbed by 70 cents and ended at $12.70 in swapping 1,900 stock units. First Citizens Group ended at $37.50 following trading of 18,836 shares, GraceKennedy fell 15 cents in closing at $3.70 with 2,590 stock units passing through the market, Guardian Holdings remained at $17.50 after a transfer of 5,850 shares. Guardian Media ended at 75 cents as investors exchanged 409,816 stock units, JMMB Group rose 3 cents in closing at 81 cents after trading of 12 stocks, L.J. Williams B share ended at 75 cents with 600 units clearing the market. Massy Holdings remained at $3.30 with investors trading 1,458 stocks, Medcorp rallied 1 cent to close at a 52 weeks high of $43.75 after an exchange of a mere one unit, National Enterprises remained at $5.55 in trading 295 shares. National Flour Mills ended at $1.65 with 23,281 stock units crossing the exchange, NCB Financial ended at $3.25 with a transfer of 2,385 shares, One Caribbean Media remained at $1.50 with 208 stock units crossing the market.
Republic Financial gained 1 cent to finish at $114 with an exchange of 10,029 units, Scotiabank jumped 99 cents and ended at $48.05 after the swapping of 241 shares, Trinidad & Tobago NGL gained 25 cents in closing at $10.15 with investors trading 81,338 shares. Trinidad Cement skidded by 1 cent to finish at $1.99 in an exchange of 74 stocks, Unilever Caribbean remained at $15.40 with 823 units crossing the market, West Indian Tobacco dropped 15 cents to close at $3.85 with investors trading 12,300 stock units and West Indian Traders advanced 3 cents to end at a 52 weeks high of $2.13 with 38 shares crossing the exchange.