Trading slumped on the Junior Market


Trading slumped on the Junior Market of the Jamaica Stock Exchange on Monday, with a 52 percent decline in the volume of stocks traded and a 61 percent slide in value compared to Friday. At the close of a subdued day of market activity, 43 securities were exchanged compared with 45 on Friday and ending with prices of 18 rising, 12 declining and 13 closing unchanged.

The market closed with trading of 6,322,850 shares for $9,741,688 after plunging from 13,068,999 units at $25,015,021 on Friday.
Trading averaged 147,043 shares at $226,551 after dropping from 290,422 stock units at $555,889, on Friday, with the month to date, averaging 620,535 stock units at $573,214, down marginally from 701,010 stock units at $632,132 on the previous trading day and December with an average of 1,003,109 shares at $2,482,468.
Atlantic Hardware led trading with 1.54 million shares for 24.3 percent of total volume, followed by RA Williams, ending with 997,398 stock units for 15.8 percent of the day’s trade and Omni Industries with 752,304 stocks for 11.9 percent of the volume traded.
At the close of trading, the Junior Market Index climbed 13.11 points to finish at 3,373.45. The Investor’s Choice bid-offer indicator shows six stocks ending with bids higher than their last selling prices and four with lower offers.
The Junior Market finished with an average PE Ratio of 13.7, derived by dividing the last traded price of a stock by the earnings per share. ICInsider.com compiles the PE ratios used in this report for companies with their financial year ending around August 2026.
At the close of the market, AMG Packaging lost 8 cents to finish at $2.36 with an exchange of 22,223 shares, Blue Power fell 23 cents and ended at $4 with 19,826 stock units changing hands, Cargo Handlers slipped 56 cents to $18.22 with investors trading 138 shares. Caribbean Cream climbed 18 cents to end at $2.18 after an exchange of 2,140 units, Derrimon Trading sank 11 cents in closing at $1.62 with investors swapping 381,908 stocks, Dolphin Cove skidded 35 cents to close at $11.80 with 4,301 units clearing the market. Honey Bun increased 14 cents to $6.80 in trading 35,708 shares, Indies Pharma sank 20 cents to end at $2.55 after traders swapped 155,512 stock units, Jamaican Teas popped 19 cents in closing at $2.28 as investors traded 3,589 stocks. Jetcon Corporation declined 10 cents to finish at $2.45 with 389,554 shares passing through the market, Kintyre Holdings declined by 7 cents and ended at 60 cents with investors dealing in 688,072 stocks, Knutsford Express rallied 54 cents to close at $11.54 with dealers switching ownership of 6,392 units. Mailpac Group rose 29 cents to $2.71 with 27,338 stock units crossing the market, Medical Disposables advanced 13 cents to finish at $1.43 after a transfer of 101 shares, MFS Capital Partners gained 6 cents and ended at 40 cents following the trading of 3,312 units and ONE on ONE Educational rose 11 cents to end at 97 cents with 15,413 stocks crossing the exchange.

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

Concerns over WI Petroleum 1,300% Rally


West Indies Petroleum Terminal closed trading on Friday at $7.25 per share, capping a remarkable 1,300% surge since its December 23 debut at $0.50. The spectacular gains resulted in the stock trading at valuation levels that defy conventional metrics, with a huge decline clearly on the cards.

At Friday’s close, WIPT trades at 244 times 2024 earnings, according to data compiled by ICInsider.com, after eliminating the one off impairment cost mentioned below, a stark contrast to the broader Jamaica Stock Exchange with an average PE of 18 times earnings. The company was initially valued at roughly 11 times earnings at listing.

The rally reflects scarcity more than fundamentals. WIPT was listed by introduction, with no new shares issued, resulting in a minimal float, fuelling speculative demand.

The company has not released any results for 2025, but profitability remains modest, with net profit of just US$1.04 million on revenue of US$8.21 million for 2025, a 51.9% earnings decline from 2023. The results for 2024 were driven by higher finance costs and a US$1.04 million impairment charge, which is not expected to repeat.

The extreme valuation disconnect suggests investors are pricing in dramatic earnings growth that has yet to materialise. Management has signed third-party storage agreements with Musket Corp, TotalEnergies, and Sunoco to supply fuel across Jamaica, which diversifies revenue, but the path to justifying a 244x multiple remains unclear.

For value investors, the math is sobering: at $7.25, the market is betting WIPT will transform from a US$2 million profit company into something vastly larger, in the order of 17 times, amounting to a profit of US$34 million that is not going to happen.

Junior Market drops as trading rises


Trading climbed appreciably on the Junior Market of the Jamaica Stock Exchange on Friday, with a 62 percent rise in the volume of stocks traded, following a 211 percent surge in value compared with Thursday, following trading in 45 securities, up from 42 on Thursday and ending with prices of 10 rising, 17 declining and 18 closing unchanged and resulting a decline for the market index.

The market closed with trading of 13,068,999 shares for $25,015,021, up from 8,051,937 stock units at $8,032,911 on Thursday.
Trading averaged 290,422 shares at $555,889, well over 191,713 units at $191,260 on Thursday and for the month to date, an average of 701,010 units at $632,132, down from 789,839 units at $648,627 on the previous day and December, an average of 1,003,109 shares at $2,482,468.
AMG Packaging led trading with 7.24 million shares for 55.4 percent of total volume, followed by Kintyre Holdings, with 2.83 million units for 21.7 percent of the day’s trade and Derrimon Trading with 625,431 stocks for 4.8 percent of the volume traded.
At the close of trading, the Junior Market Index dipped 8.90 points to conclude trading at 3,360.34, with the index closing lower than the close of 2025. The Investor’s Choice bid-offer indicator shows six stocks ending with bids higher than their last selling prices and none with a lower offer.
The Junior Market ended trading with an average PE Ratio of 13.6, derived by dividing the last traded price of a stock by the earnings per share.
ICInsider.com compiles the PE ratios in this report for companies with their fiscal year ending around August 2026.
At the close of trading, Blue Power declined 27 cents and ended at $4.23, with 4,004 shares crossing the market, Consolidated Bakeries shed 27 cents to close at $1.51, with an exchange of 1,000 stock units, Derrimon Trading advanced 11 cents to end at $1.73 after it closed, with an exchange of 625,431 shares. Dolla Financial sank 15 cents in closing at $2.50 after 46,673 stocks changed hands, GWest Corporation lost 14 cents to finish at 59 cents with investors trading 21,399 units, Honey Bun fell 24 cents to close at $6.66, with 100,962 shares clearing the market. Indies Pharma sank 13 cents to $2.75 after an exchange of 41,644 stock units, Iron Rock Insurance dipped 58 cents to finish at $2.80, with investors swapping 2,030 units, ISP Finance skidded $1.76 and ended at $14.99 after a mere two shares passed through the market. Jamaican Teas dropped 25 cents to close at $2.09 after trading 100,082 stock units, Jetcon Corporation rose 29 cents to close at a 52 weeks’ high of $2.55 with a transfer of 508,957 stocks, after trading as high as $2.75, Medical Disposables slipped 15 cents to end at $1.30, with 99,497 units changing hands. Paramount Trading rallied 13 cents to $1.38 with investors trading 560 stock units and Spur Tree Spices increased 6 cents to finish at $1.15 after a transfer of 4,070 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE USD stocks hit 2026 high


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.

WI Petroleum PE hits unsustainable 245


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.

JSE Main Market at a new 2026 high


West Indies Petroleum rallied $1.69 on Friday to a new record high with a P/E of 244 times 2024 earnings and helped to lift the major indices of the Main Market of the Jamaica Stock Exchange to a new 2026 high. At the end of trading, the prices of 34 shares rose, 41 declined and 44 remained firm. The market closed with a rise in the volume of stocks changing hands, at a lower value than on Thursday. The Junior Market index dipped marginally and the JSE USD Market rose.

At the close of the market, the JSE Combined Market Index increased 1,211.99 points to end at 337,768.41, the All Jamaican Composite Index rose 1,867.15 points to wrap up trading at 378,571.06, the JSE Main Index climbed by 1,332.55 points to settle at 328,034.97, while the Junior Market Index slipped 8.90 points to 3,360.34 and the JSE USD Market Index rose 1.30 points to settle at 222.46.
At the close of trading, 32,406,419 shares were exchanged in all three markets, up from 30,783,086 units on Thursday, with the value of stocks traded on the Junior and Main markets amounted to $102.31 million, down from $273.92 million on the previous day and the JSE USD market closed with an exchange of 206,954 shares for US$51,717 compared to 226,379 units at US$16,867 on Thursday.
In Main Market activity, Innovative Energy led with 8.61 million shares, followed by Transjamaican Highway with 5.10 million stock units and Sagicor Select Manufacturing & Distribution Fund with 1.04 million units.
In Junior Market trading, AMG Packaging led with 7.24 million shares, followed by Kintyre Holdings with 2.83 million stock units and Derrimon Trading with 625,431 units.
In the preference segment, Eppley 7.25% preference share climbed $1.20 to $19, 138 Student Living preference share rose $11 to close at $201 and Sygnus Credit Investments 10% sank $4 to end at $106.
The market’s PE ratio, the most popular measure used to value stocks, ended at 14.4 based on projected 2026-27 earnings and 15.6 computed using historical 2025 earnings, excluding major one time income or expense.
The ICInsider.com PE ratio chart and the more detailed daily charts provide investors with regularly updated information to help in investment decisions. The PE ratio chart covers all ordinary shares listed on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons within a sector and the overall market.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The chart should be used in making rational decisions when investing in stocks close to the sector average, not being too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals, while not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock as is now the case with West Indies Petroleum, with the price now several times that of the average in the market.
The net asset value of each company is incorporated into the chart. Investors can use this measure in assessing stock values. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends that are paid or are due to be paid and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume of the highest bid and the lowest offer for each company.

Sharp drop in Junior Market


Kintyre Holdings was the lead trade in a depressed Jamaica Stock Exchange Junior Market, with the index plunging on Thursday, following trading in 42 securities compared with 44 on Wednesday and ending with prices of 14 rising, 22 declining and six closing firm, following a 93 percent decline in volume and 88 percent fall in value compared to Wednesday.

The market closed with trading of 8,051,937 shares for $8,032,911 compared with 115,343,679 units at $65,947,305 on Wednesday.
Trading ended with an average of 191,713 shares worth $191,260, compared with  2,621,447 units at $1,498,802 on Wednesday, with a month to date, averaging 789,839 units at $648,627 compared to 941,173 stock units at $764,347 on the previous trading day and December with an average of 1,003,109 shares at $2,482,468.
Kintyre Holdings led trading with 4.18 million shares for 51.9 percent of total volume, followed by EduFocal, with 1.11 million units for 13.8 percent of the day’s trade and Future Energy with 513,086 stocks for 6.4 percent of the volume traded.
At the close of trading, the Junior Market Index sank 40.29 points to finish at 3,369.24. The Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and five with lower offers.
The Junior Market ended trading with an average PE Ratio of 13.8, derived by dividing the last traded price of a stock by the earnings per share. ICInsider.com compiles the PE ratios in this report for companies with their financial year ending around August 2026.
At the close, Cargo Handlers rose $1.28 to close at $18.78, with 5,136 shares clearing the market, Caribbean Assurance Brokers lost 23 cents to close at $1.60 in an exchange of 1,635 stocks, Dolla Financial climbed 15 cents to close at $2.65, with 167,704 shares crossing the market. Dolphin Cove sank 33 cents to finish at $12.15 after an exchange of 7,401 units, Express Catering fell by 7 cents and ended at $2.58, after 11,500 units passed through the market, Fontana dipped 9 cents to end at $7.80 as investors exchanged 36,329 stocks. Future Energy sank 6 cents in closing at $2.65, after trading at a 52 weeks intraday low of $2.41, in switching ownership of 513,086 units, Honey Bun shed 19 cents to $6.90, after hitting a 52 weeks intraday low of $5, with investors trading 55,595 shares, Indies Pharma increased 11 cents and ended at $2.88 with an exchange of 9,573 stock units. ISP Finance declined 25 cents to end at $16.75 after a mere two shares, Jamaican Teas gained 14 cents to close at $2.34 after a transfer of just 40 stocks, KLE Group rose 25 cents to finish at $1.05 in trading 8,509 units. Knutsford Express skidded 11 cents and ended at $11 after it closed with trading of 2,795 stock units, Mailpac Group dropped 16 cents to $2.42 with investors dealing in 5,189 shares, Medical Disposables rallied 13 cents to close at $1.45 with a transfer of 174,392 stock units. ONE on ONE Educational slipped 13 cents in closing at 86 cents after an exchange of 5,335 stocks and Paramount Trading sank 13 cents to end at $1.25 with investors trading 63,774 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

WI Petroleum boosts JSE Main Market


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.

Trading drops on JSE USD Market


The US Dollar Market of the Jamaica Stock Exchange closed, following heightened trading on Thursday, resulting in an exchange of 13 securities, compared to 12 on Wednesday. Trading closed with prices of three rising, four declining and six ending unchanged. Trading ended with a 61 percent fall in the volume traded, with a 98 percent drop in value compared to Wednesday.

The market closed with an exchange of 226,379 shares for US$16,867 compared to 581,330 stock units at US$834,878 on Wednesday.
Trading ended with an average of 17,414 shares at US$1,297, down sharply from 48,444 stock units at US$69,573 on Wednesday, with a month to date average of 30,970 units at US$16,708 compared with 35,376 stock units at US$21,717 on the previous day and December ending with an average of 75,710 units for US$4,415.
The US Denominated Equities Index slipped 0.92 points to 221.18. The Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and one with a lower offer.
The PE Ratio, one of the most used measures to determine appropriate stock values, averages 9.3. 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 declined 0.02 of a cent to 2.48 US cents in an exchange of 850 shares, Margaritaville climbed 1.29 cents and ended at 9.89 US cents after 8 units passed through the market, Productive Business Solutions ended at US$1.15 with investors trading 8 shares. Proven Investments fell 0.37 of a cent in closing at 9.6 US cents, with 124 stock units crossing the market, Sterling Investments remained at 1.9 US cents with investors trading 522 stock units, Sygnus Credit Investments popped 0.1 of one cent to finish at 6.65 US cents and closed with an exchange of 5,334 units. Sygnus Real Estate Finance USD share skidded 0.2 of a cent to 6 US cents after the trading of just two shares and Transjamaican Highway remained at 3.15 US cents with investors dealing in 218,112 stocks.
In the preference segment, JMMB Group 7.5% ended at US$2 after an exchange of 553 stock units. JMMB Group US8.5% fell 11.99 cents to close at US$1.18, with 17 shares changing hands, AS Bryden 6% remained at US$1 as investors exchanged 3 stock units, Productive Business Solutions 9.25% gained 72.5 cents to end at US$10.50 in switching ownership of 4 stocks and Sygnus Credit Investments 8% ended at US$10 after an exchange of 842 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

WI Petroleum pumps up JSE Market


Newly listed West Indies Petroleum climbed $1.05 to another record high $5.57, with trading in nearly a million shares, driving the PE of the stock to an unsustainable level of 111 times 2024 adjusted earnings and ended as the major driver of the Main Market index, continuing the 2025 rally. Trading closed Thursday on the Jamaica Stock Exchange, resulting in the major indices of the Main Market rising, the Junior Market index declining and the JSE USD Market falling. At the end of trading, prices of 44 shares rose, 42 declined and 30 remained firm, following a fall in the volume of stocks traded, with an increase in value versus Wednesday.

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.
At the close of trading, 30,783,086 shares were exchanged in all three markets, down from 130,633,092 units on Wednesday, with the value of stocks traded on the Junior and Main markets amounted to $273.92 million, up from $139.49 million on the previous day and the JSE USD market closed with an exchange of 226,379 shares for US$16,867 compared to 581,330 units at US$834,878 on Wednesday.
In Main Market activity, Supreme Ventures led with 11.46 million shares followed by Transjamaican Highway with 3.50 million stocks and Innovative Energy with 2.38 million units.
In Junior Market trading, Kintyre Holdings led with 4.18 million shares followed by EduFocal with 1.11 million stocks and Future Energy with 513,086 units.
In the preference segment, Eppley 7.75% preference share fell $3.17 to end at $18, Jamaica Public Service 7% dipped $3.72 to $40, 138 Student Living preference share sank $25.25 and ended at $190, Sygnus Credit Investments 10% increased $4 in closing at $110 and Sygnus Credit Investments C10.5% skidded $1.95 to finish at $102.
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 ICInsider.com PE ratio chart and the more detailed daily charts provide investors with regularly updated information to help decision-making. The PE ratio chart covers all ordinary shares listed on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons within a sector and the overall market.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The chart should be used in making rational decisions when investing in stocks close to the sector average, not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals, while not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock. The net asset value of each company is incorporated into the chart. Investors can use this measure in assessing stock values. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends that are paid or are due to be paid and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume of the highest bid and the lowest offer for each company.