West Indies Petroleum traded 1.8 billion shares on the Jamaica Stock Exchange on Wednesday as the market made a big move to close out September at the highest level for the month on Wednesday, with all the major indices of the Main Market surging several thousand points. Both the Junior Market and the JSE USD Market rose. At the end of trading, prices of 50 shares rose, 37 declined and 26 remained firm.
At the end of the market activity, the JSE Combined Market Index increased 6,576.00 points to end at 390,695.79, the All Jamaican Composite Index enjoyed a big surge of 10,049.00 points to end at 460,707.36, the highest point since May 2022, the JSE Main Index rallied 6,777.05 points to 385,314.47, the highest closing level since June 2022, the Junior Market Index rose 13.40 points to conclude trading at 3,104.25 and the JSE USD Market Index ends at 4.31 points to end at 295.45, up 39 percent for 2026.
At the close of trading, 1,886,193,572 shares were exchanged in all three markets, up sharply from 96,484,325 units on Tuesday, with 1.8 million shares in West Indies Petroleum changing hands. Trading on the Junior and Main markets amounted to $17.31 billion, up from only $401.46 million on the previous day. Trading on the JSE USD market closed with an exchange of 1,821,141 shares for US$121,746, up from 585,996 units at US$37,012 on Tuesday.
In Main Market activity, West Indies Petroleum led trading with 1.812 billion shares, followed by Wigton Energy with 22.22 million stocks and Transjamaican Highway with 5.12 million units.
In Junior Market trading, Derrimon Trading led with 5.17 million shares, followed by Future Energy with 3.18 million stocks and Mailpac Group with 2.76 million units.
In Main Market ordinary share segment, Barita Investments jumped $11.61 to end at $96.60, NCB Financial popped $7.49 in closing at $74.99, GraceKennedy increased $5.65 to $87.65, Guardian Holdings climbed $4.99 to finish at $359.99 and Caribbean Cement rose $4.05 and ended at $116.00.
Among the losing stocks Eppley Caribbean Property Fund lost $1.73 to close at $41.00, JMMB Group declined by $1.28 to $18.72, Berger Paints fell48 cents to close at $5.25, Quantas Advantage fell 44 cents to finish at $24.55 and Carreras dropped 28 cents and ended at $28.99.
In the preferred share segment, Jamaica Public Service 7% rose $4.50 to end at $35, 138 Student Living preference share rallied $5 to $235, Productive Business Solutions 10.5% dipped $31.75 to close at $1,218 and Sygnus Credit Investments C10.5% fell $3 to finish at $102.
In the Junior Market, Regency Petroleum rallied 20 cents to end at $4.40, Elite Diagnostic advanced 20 cents $1.90, Fosrich advanced 18 cents to $1.59, Future Energy gained 14 cents to end at $3.64, Jetcon Corporation rose 9 cents in closing at $4.79 and ONE on ONE Educational rallied 9 cents to close at 80 cents. Among the top losers, Access Financial slipped 79 cents and ended at $18.50, Caribbean Cream dipped 57 cents to finish at $2.41, Cargo Handlers skidded 52 cents and ended at $14.98, Dolphin Cove lost 46 cents to close at $9.50 and Caribbean Assurance Brokers slipped 19 cents to end at $1.41.
At the close of trading, the PE ratio for the current year, compiled from projected 2026-27 earnings, is 13.1 and 17.7 based on 2025 historical earnings. Major one-off income or expenses are excluded from earnings where applicable. The PE ratio is one of the most used measures in valuing shares. It is calculated by dividing the stock price by earnings per share. The ICInsider.com PE ratio chart and the daily charts provide investors with regularly updated information to assist in making investment decisions. The PE ratio chart includes all ordinary shares listed on the Jamaica Stock Exchange, grouped by industry and facilitates easy comparisons within sectors and the overall market.
Pertinent information is needed to navigate the numerous options in the stock market. The chart should be used to help in decision-making, especially when investing close to the market or sector averages, and not straying too far from it unless compelling reasons exist. This approach reduces emotional bias in investment decisions and places them on fundamentals, without straying far from the majority of investors. Investors who buy stocks near the average will not overpay. The chart includes each company’s net asset value. Investors can use this measure in assessing stock values. The chart also includes daily changes in stock prices and percentage year to date price movements based on the last traded price. The Main and Junior Markets’ daily report charts also show dividends paid or due and yields for each company, along with the closing volume of the highest bid and the lowest offer.
The market closed with 76,861,663 shares changing hands valued at $116,606,016, up from 15,797,464 units at $29,523,288 on Monday.
Express Catering rallied 22 cents to finish at $2.18 in an exchange of 3,112,026 stocks, Fontana fell 15 cents to end at $6.20 after trading of 36,155 units. ISP Finance advanced 37 cents in closing at $8.88, with 152 shares clearing the market, Jamaican Teas rose 16 cents to $2.27 in trading 2,520,876 stock units, Jetcon Corporation slipped 5 cents and ended at $4.70, with 99,682 shares changing hands. Limners and Bards gained 16 cents to end at $1.13 with a transfer of 73,320 units, Mailpac Group popped 17 cents to finish at $2.45 as investors exchanged 1,560,381 shares and Regency Petroleum rallied 10 cents to close at $4.20, with 85,577 stock units changing hands.
Aided by the big move in the price of Scotia Group’s shares, the JSE Combined Market Index surged 6,784.22 points to 384,119.79, the All Jamaican Composite Index popped 7,035.81 points to finish at 450,658.36, a 4 year high the JSE Main Index rallied 6,842.80 points to wrap up trading at 378,537.42, for a high of just over four years, the Junior Market Index gained 33.65 points to conclude trading at 3,090.85 and the JSE USD Market Index lost 3.38 points to settle at 291.14.
Among the top losers, Guardian Holdings fell $5 to finish at $355.00, MPC Caribbean Clean Energy slipped $3 and ended at $18.00, Proven Investments lost 98 cents to finish at $9.02, Jamaica Producers skidded 96 cents to end at $18.02 and JMMB Group dipped 43 cents in closing at $20.00.
The market closed with trading of 15,797,464 shares for $29,523,288, compared with 5,447,885 units at $6,185,164 on Friday.
The Junior Market ended trading with an average PE Ratio of 11.6. ICInsider.com computes the PE ratios, that are derived by dividing the last traded stock price by earnings per share for companies with the fiscal year ending around August 2027.
Knutsford Express dropped 85 cents to $7.80 after an exchange of 1,775 shares, Limners and Bards dipped 8 cents to end at 97 cents with 383,948 stocks being traded, Lumber Depot rose 15 cents in closing at $2.70 with dealings in 1,108,457 stock units. Mailpac Group skidded 12 cents and ended at $2.28, with 1,541,128 units crossing the exchange, One Great Studio gained 6 cents to finish at 47 cents in trading 920,293 shares, ONE on ONE Educational popped 6 cents to close at 71 cents with 416,812 stock units crossing the market. Paramount Trading fell 8 cents to 80 cents with investors trading 111,890 units, Regency Petroleum climbed 5 cents and ended at $4.10 with an exchange of 22,303 stocks and Stationery and Office Supplies increased 11 cents to finish at $1.65 after trading of 2,001,034 shares.
The market closed with trading of 5,447,885 shares for $6,185,164, after sliding from 9,607,200 units at $16,791,971 on Thursday.
Trading closed on the Junior Market with an average PE of 11.5. ICInsider.com computes the PE ratios, which are derived by dividing the last traded stock price by earnings per share for companies with the fiscal year ending around August 2027.
Fontana popped 23 cents to close at $6.25 with investors trading 29,541 stock units, Image Plus advanced 10 cents to end at a 52 weeks high of $1.90 after an exchange of 197,326 shares, Jamaican Teas rose 5 cents to finish at $2.15, with investors dealing in 10,000 stock units. Jetcon Corporation shed 23 cents and ended at $4.52 after trading of 122,727 shares, Knutsford Express rallied 65 cents to $8.65 with 387 stock units passing through the market, ONE on ONE Educational declined 7 cents in closing at 65 cents as investors exchanged 130,988 stocks and Stationery and Office Supplies climbed 12 cents to finish at $1.54 with 1,002 units crossing the market.
At the end of the market activity, the JSE Combined Market Index increased 1,381.98 points to end at 376,605.60, the All Jamaican Composite Index rallied 360.22 points to end at 440,538.59, the JSE Main Index gained 1,179.39 points to close at 370,983.96, the Junior Market Index rallied by 35.43 points to finish at 3,050, the highest level since the first week of July and the JSE USD Market Index slipped 4.89 points to settle at 297.36.
Among the top losers, Guardian Holdings lost $16.90 to finish at $360.00, Caribbean Cement dipped $1.95 to $110.00, Sagicor Real Estate Fund fell $1.40 to close at $8.33, NCB Financial dropped 98 cents to end at $67.82 and Scotia Group shed 50 cents in closing at $58.50.
The market closed with a 33 percent rise in volume to 9,607,200 shares up from 7,242,815 units, for a 29 percent higher at $16,791,971, up from $12,972,389 on Wednesday.
The Junior Market ended trading with an average PE Ratio of 11.3. ICInsider.com computes the PE ratios, that are derived by dividing the last traded stock price by earnings per share for companies with the fiscal year ending around August 2027.
Iron Rock Insurance advanced 38 cents to finish at $3.38 with 1,998,565 units crossing the market. JFP shed 5 cents and ended at 40 cents after an exchange of 126,188 shares, Knutsford Express declined 65 cents to at $8 with investors swapping 9,597 stock units, Lasco Financial gained 15 cents to close at $1.56 after a transfer of 67,845 stocks. ONE on ONE Educational rallied by 7 cents to 72 cents as investors exchanged 26,283 units and Stationery and Office Supplies fell 14 cents to finish at $1.42 with 13,813 stocks crossing the market.
At the end of the market activity, the JSE Combined Market Index climbed by a mere 113.68 points to 375,223.62, with the All Jamaican Composite Index skidding 42.17 points to finish at 440,178.37, the JSE Main Index lost 140.40 points to end at 369,804.57, the Junior Market Index put in a meaningful rally by increasing 34.54 points to finish at 3,014.73 and the JSE USD Market Index skidded 1.55 points to settle at 302.25.
Among the top losers, Jamaica Broilers slipped $1.74 to end at $13.26, Margaritaville fell $1.23 to $6.97, GraceKennedy skidded by $1.02 and ended at $79.98, Seprod lost $1 to end trading at $79.00 and General Accident shed 74 cents in closing at $8.00.
At the close of the market , the JSE Combined Market Index popped 1,049.95 points to end at 375,109.94, while the All Jamaican Composite Index rose 2,026.86 points to finish at 440,220.54, the JSE Main Index rallied 1,115.01 points to close trading at 369,944.97, the Junior Market Index fell 2.25 points to end at 2,980.19 as the JSE USD Market Index slipped 2.44 points to settle at 303.80.
Among the top losers, Guardian Holdings declined $2.93 to close at $375.00, Eppley Caribbean Property Fund lost $1.99 to end at $40.01, NCB Financial dropped $1.90 in closing at $67.00, AS Bryden shed $1.20 and ended at $21.00 and Carreras fell 27 cents to end at $29.20.
The market closed with trading of 7,242,815 shares for $12,972,389, compared with 18,292,127 units at $52,757,367 on Tuesday.
Cargo Handlers declined by $1.70 to close at $14.09 after trading of 16,320 shares, Caribbean Assurance Brokers declined by 7 cents to close at $1.70 with 760,297 units crossing the exchange. Caribbean Cream fell 32 cents to close at $2.31 after trading of 52,056 stocks, Caribbean Flavours shed 11 cents to end at $1.16 with an exchange of 8,546 shares, Consolidated Bakeries advanced 19 cents in closing at $1.38 with 415 units passing through the market. Derrimon Trading dropped 8 cents to a 52 weeks low of 76 cents in switching ownership of 218,089 stocks, Dolphin Cove popped 45 cents to finish at $9.85 with 12,120 stock units crossing the market, Elite Diagnostic dipped 21 cents and ended at $1.51 in an exchange of 20,428 shares. Fontana skidded 19 cents in closing at $6.15 with 32,489 stocks clearing the market, GWest Corporation climbed 9 cents to close at 71 cents with investors trading 970 units, Honey Bun fell 10 cents to end at $5.99 after an exchange of 6,077 stock units.
Image Plus rose 15 cents to a 52 weeks high of $1.55 with investors trading 1,106,885 shares, Indies Pharma gained 5 cents and ended at $2.56 after an exchange of 1,046 units, ISP Finance dipped 77 cents in closing at $7.60 with investors trading 99 stocks. Jamaican Teas lost 9 cents to finish at $2.06 with a transfer of 72,688 stock units, Jetcon Corporation increased 19 cents to end at a 52 weeks high of $4.79 with investors dealing in 180,565 shares, Limners and Bards rallied 12 cents to close at $1.05 with 148,227 stocks changing hands. Mailpac Group increased 5 cents to $2.37 in trading 10,248 units and Regency Petroleum slipped 6 cents and ended at $4.09 with 8,519 shares changing hands.