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.
A total of 11,892,327 shares were traded, at a value of $16,043,357, with a slide from 13,885,342 units at $18,694,619 on Wednesday.
The Junior Market ended trading with an average PE Ratio of 13.3, derived by dividing the last traded price of a stock by earnings per share. The ICInsider.com compiles the PE ratios in this report for companies with their fiscal year ending around August 2026.
Iron Rock Insurance popped 8 cents in closing at $3.47 with traders dealing in 2,553 units. ISP Finance gained 42 cents to finish at $11.90 after trading of 126 shares, Jetcon Corporation rose 9 cents and ended at $2.05 with 27,859 shares passing through the market, Knutsford Express advanced $1.57 to end at $11.57 in an exchange of 200 stock units. Lasco Financial sank 18 cents in closing at $1.42 with 106,007 stock units crossing the market, Lumber Depot rose 6 cents to $2.76 after trading in 167,225 shares, Mailpac Group dipped 22 cents to close at $2.60 with 3,550 units clearing the market. Main Event climbed 38 cents to finish at $7.68 after an exchange of 11,550 stocks, Medical Disposables increased 6 cents and ended at $1.16 with a mere 58 stock units changing hands and Regency Petroleum popped 8 cents to end at $3.83 with an exchange of 18,147 shares.
The market closed with trading of 361,522 shares for $1,910,441, down from 611,904 stock units at $1,943,788 on Wednesday.
AS Bryden rallied 2 cents to close at $1.70 with 684 shares being traded, CIBC Caribbean Bank ended at $8.28 with 800 stock units passing through the exchange, Endeavour Holdings ended at $18.40 with investors dealing in a mere 5 shares. First Citizens Group slipped 50 cents and ended at $40 with traders switching ownership of 389 stock units, GraceKennedy rallied by 1 cent to $3.47 with 8,007 stocks changing hands, JMMB Group gained 4 cents to close at 84 cents with an exchange of 6 units. Massy Holdings remained at $3.55 after trading of 7,390 shares, National Enterprises popped 24 cents to finish at $2.16 with 10,861 stock units clearing the market, National Flour Mills fell 5 cents to end at $1.50 in trading 34,498 stocks. NCB Financial declined 1 cent to $1.92 after an exchange of 119,879 units, Point Lisas ended at $5.15 with investors swapping 1,204 shares, Republic Financial advanced 50 cents in closing at $105.50 after a transfer of 7,310 stocks.
Scotiabank increased 50 cents to close at $48 with traders dealing in 319 units, Trinidad & Tobago NGL climbed 50 cents and ended at $4.20 after an exchange of 135,284 stock units, Trinidad Cement remained at $1.74 with 3,599 shares crossing the market. Unilever Caribbean rose 5 cents and ended at $15.29 with investors trading 6,377 stock units and West Indian Tobacco shed 3 cents to $2.61 after an exchange of 17,555 stocks.
Trading accounted for 13,885,342 shares worth $18,694,619, a solid increase from 5,811,112 units at $8,232,056 on Tuesday.
At the close of trading, the Junior Market Index rose 9.68 points to 3,304.81.
Caribbean Assurance Brokers gained 30 cents and closed at $1.77 as investors traded 3,159 shares, Derrimon Trading sank 8 cents to end at $1.57 with 1,498,609 stock units clearing the market, Dolphin Cove dropped 15 cents in closing at $12.28 after exchanging 1,857 shares. Knutsford Express popped 47 cents to $10 with 4,860 units crossing the market, Lasco Financial increased 10 cents in closing at $1.60 after trading of 47,000 stocks, Mailpac Group advanced 31 cents and ended at $2.82 with 1,553,279 stock units crossing the market. Main Event shed 39 cents to end at $7.30 after a transfer of 6,073 shares and ONE on ONE Educational sank 9 cents to finish at 89 cents with 26,666 stocks changing hands.
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.
The market closed with trading of 611,904 shares worth $1,943,788, moving up from 95,291 stock units at $2,142,367 on Tuesday.
CIBC Caribbean Bank remained at $8.28 with investors trading 4,498 stocks, Endeavour Holdings ended at $18.40 with an exchange of two stock units, First Citizens Group dipped 6 cents to finish at $40.50 with an exchange of only 760 stock units. GraceKennedy rose 9 cents to $3.46 in swapping 150,000 units, Guardian Holdings rallied 1 cent to $15.24 with investors trading 282 stocks, JMMB Group sank 4 cents to finish at 80 cents after a transfer of 24,921 stock units. Massy Holdings ended at $3.55 in trading 98,627 shares, National Enterprises remained at $1.92, with 31,000 stock units crossing the market, National Flour Mills shed 5 cents to end at $1.55 after trading of 600 units. NCB Financial gained 2 cents in closing at $1.93 with 241,800 stocks changing hands, Point Lisas declined 5 cents to $5.15 after 175 shares were traded, Prestige Holdings ended at $12.25 as investors exchanged 2,058 stocks. Republic Financial fell $1 a nd ended at
$105 with 1,602 units crossing the market, Scotiabank slipped 50 cents to end at $47.50 with traders dealing in 848 stock units, Trinidad & Tobago NGL climbed 48 cents to close at $3.70 after an exchange of 32,079 shares. Trinidad Cement sank 20 cents to $1.74 with 341 units passing through the market, Unilever Caribbean ended at $15.24 after an exchange of 289 stock units and West Indian Tobacco dropped 8 cents to finish at a 52 weeks low of $2.64 with a transfer of 21,328 stock units.Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
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.
The market closed with trading of 95,291 shares for $2,142,367 after rising from 70,903 stock units at $304,551 on Monday.
Ansa McAl ended at $43 in an exchange of 80 units, AS Bryden ended at $1.68 with investors trading 1,160 shares. CIBC Caribbean Bank ended at $8.28 with 1,069 stocks being traded, First Citizens Group advanced $1.56 to close at $40.56 in trading 16,700 stocks, Guardian Holdings slipped 1 cent to end at $15.23 after an exchange of 25 units. JMMB Group popped 4 cents to close at 84 cents with investors dealing in 1,876 stocks, Massy Holdings lost 1 cent to $3.55 in an exchange of 50,183 shares, National Enterprises shed 23 cents and ended at $1.92 with investors trading 4,736 stock units. National Flour Mills fell 2 cents to finish at $1.60 with 4,000 shares changing hands, Point Lisas ended at $5.20 as investors exchanged 20 units, Prestige Holdings dipped 74 cents to close at a 52 weeks low of $12.25 with a transfer of 1,587 stocks.
Republic Financial remained at $106, after trading of 10,258 stock units, Scotiabank remained at $48 with 3,146 shares crossing the market, Trinidad & Tobago NGL climbed 17 cents to end at $3.22 after an exchange of 400 units. Trinidad Cement increased 21 cents in closing at $1.94 with 30 stocks crossing the market, Unilever Caribbean sank 5 cents to close at $15.24 after a transfer of 5 stock units and West Indian Tobacco dipped 1 cent to finish at $2.72 with dealers switching ownership of 5 shares.
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.
The market closed with trading of 15,336,531 shares for $10,873,321 after moving from 10,630,002 units at $16,050,365 on Friday.
At the close of the market, AMG Packaging popped 33 cents to close at $2.69 with investors trading 3,253 shares, Atlantic Hardware fell 9 cents to $1.88 after an exchange of 1,400,006 stocks, Blue Power shed 49 cents and ended at $3.80 with traders dealing in 8,317 units. Consolidated Bakeries lost 15 cents in closing at $1.40 with 32,718 shares passing through the market, Derrimon Trading slipped 10 cents to finish at $1.55 with investors swapping 42,605 stock units, Dolphin Cove sank 24 cents to end at $12.20 with 1,696 shares clearing the market. Elite Diagnostic dipped 15 cents to $1.41 with a transfer of 47,623 stocks, Fosrich increased 13 cents and ended at $2.35 following trading of 10,555 units, Honey Bun climbed 71 cents to close at $6.60 with an exchange of 21,954 stock units. Jamaican Teas clawed back 28 cents of its recent loss, to end at $2.18 with 31,844 shares crossing the market, Jetcon Corporation sank 33 cents in closing at $1.98 in trading 166,647 stocks,
KLE Group rallied 11 cents to finish at $1 with 19 units crossing the exchange. Knutsford Express skidded 8 cents and ended at $11.50 with investors trading 4,546 stock units, Limners and Bards declined 7 cents to 98 cents in an exchange of 111,670 shares, Lumber Depot advanced 6 cents to end at $2.69 with investors dealing in 38,112 stock units. Mailpac Group dropped 39 cents in closing at $2.50 with dealers switching ownership of 75,567 units, Omni Industries gained 13 cents to finish at 98 cents as investors exchanged 512,700 stocks, ONE on ONE Educational sank 6 cents to close at 90 cents after a transfer of 470,343 shares and Stationery and Office Supplies popped 10 cents to $1.60 with 86,779 stocks crossing the market.