West Indies Petroleum closing trading at the end of August with the price at $9.17, for a 600 percent increase, from the start of the year, and dwarfing all others, with the JSE Main Market climbing just 17.4 percent for the year to the end of August.
Elsewhere, the IC TOP 10 winners recorded gains ranging from a low of 11 percent for the year to the end of August for Scotia Group, up to 127 percent for Transjamaican Highway. NCB Financial followed with a 90 percent increase for the country’s largest banking group.
West Indies Petroleum increased revenue in the quarter ended June due to increased revenues, leading to investors maintaining interest in the stock at an elevated valuation. Transjamaican Highway finished with gains of 127 percent, to be the second best performing Main market stocks, aided by the increase in toll revenue as traffic volume across the network grew. NCB Financial, rose 90 percent, as gains from core banking and insurance activities delivered attractive profits from continuing operations. Carreras gained 86 percent and General Accident boosted by a rise in insurance contract revenue and other income, as well as the planned acquisition of the majority shares in Trinidadian based Beacon Insurance ended with the stock climbing 38 percent to end of August. Lascelles Manufacturing and Sagicor Real Estate X Fund also joined the ICTOP 10. Lascelles Manufacturing had a rise in revenue and profit in the June quarter and Sagicor Real Estate Fund benefitting improved results in its core operations.
The Worst Performers. Notwithstanding the top performance of the companies with healthy gains, the market suffered from notable declines, following poor profit results for several companies. 
MPC Caribbean Clean Energy tops ICInsider.com Top 10 Main Market losers, reporting a steep 46.8 percent loss for the year to August, 2026. During this period the company had unrealized fair value losses and slowdown of its wind farming operations. Palace Amusement ended as the second worst performing stock, with a 40 percent, with sharp fall in operating profits. Revenue for the period dropped, following damage caused by Hurricane Melissa to Multiplex in Montego Bay, which has not reopened, but the problem was compounded by lack sufficient quality films during the period to attract sufficient patrons to the cinemas. Sygnus Real Estate Finance slipped 38 percent, with huge losses incurred in 2026 to date. First Rock Real Estate Investments fell sharply 36 percent and VM Investments declined by 34 percent, with underperformance of the investments portfolio, in rounding out the list of the five worst performers.
At the close of trading the JSE Combined Market Index jumped 3,661.36 points to 327,603.43, the All Jamaican Composite Index rallied 3,524.53 points to wrap up trading at 362,296.70, as the JSE Main Index jumped 3,581.63 points to 314,429.19, the Junior Market Index gained 32.97 points to 3,754.18, and the JSE USD Market Index rallied 3.80 points to wrap-up trading at 227.49.
In the preference segment, Jamaica Public Service 7% skidded 98 cents to finish at $45.
This approach helps to remove emotions from investment decisions and place them on fundamentals while at the same time 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.
The Jamaica Stock Exchange Main and Junior Markets recorded mild declines for the year to the end of May, at the same time the Top 10 performing stocks all posted double digit gains with Caribbean Assurance Brokers landing a 73 percent increase to be the best performing stock in both markets. 
General Accident another former Junior Market stock that migrated last year, up 34 percent, with profit reported in the 2023 audited accounts beating expectations and followed by 30 percent rise in the 2024 first quarter profit before taxation. First Rock gained 32 percent and Lasco Manufacturing with improved full year results over 2023 posted gains of 27 percent.
Pulse Investment lost 19 percent and the Sagicor Group 15 percent.
Edufocal fell 48 percent to be the worst performing Junior Market stock followed by MFS Partners with a fall of 47 percent and CAC 2000 down 31 percent, following continued poor results. Also declining are Fontana down 22 percent and Limners and Bards had a fall of 21 percent
Price movements in the market resulted in two new ICTOP10 listings for the Junior Market and one for the Main Market. In the Junior Market, Dolphin Cove rose 6 percent to $16.50 and AMG Packaging rose 4 percent to $2.44 after trading at a 52 weeks’ low of $1.95 during the week. Paramount Trading dropped 12 percent to $1.48, followed by Everything Fresh shedding 11 percent to $1.56, Iron Rock Insurance fell 9 percent to $2 and Caribbean Assurance Brokers declined 8 percent to end at $2.85.
Importantly selling in the stock has been drastically reduced with just 19 offers up to $15.90 amounting to less than 200,000 shares and 19 bids above $4, with the highest bid amounting to more than the total stocks being offered. Earnings per share for Lasco Financial were reduced to 15 cents for the year and holds the 31st spot on the list.
The PE of the Junior Market TOP10 sits at 5.7, just over half of the market, with an average of 11.9. There are 11 stocks, or 23 percent of the market, with PEs from 15 to 48, averaging 21 that are well above the market’s average. The top half of the market has an average PE of 17, possibly the lowest fair value for Junior Market stocks currently, with the market projected to rise by 260 percent on or around May 2024.
The above two leading stocks were not only dominant Main Market, they were the best performing ones in the overall market of the exchange bettering the next best, the Junior Market, ISP Finance with a gain of 94 percent.
Mayberry Investments suffered a sharp reversal in profit during 2023 compared to the previous year, Berger Paints profit fell sharply with the company reporting a loss during the period, Radio Jamaica reported a loss during the last two quarters compared to the previous year. Barita Investments profits are down sharply with the third quarter to June down from $1.5 billion in 2022 to just $504 million in the current year.
Trading levels dropped from that on Friday, with an exchange of just 14,950,243 shares in all three markets, down from 42,712,037 units on Friday, with a value of $100.26 million, well off from $322.7 million previously traded. Trading on the JSE USD market resulted in investors exchanging shares for US$13,457 compared to US$4,336 on Friday.
Investors need pertinent information to successfully navigate many investment options in the local stock market. The ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
The net asset value of each company is reported as a guide to assess the value of stocks based on this measure quickly. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends payable and yields for each company are shown in the Main and Junior Markets’ daily report charts that show the closing volume for the bids and offers.
At the close of market action 
Investors need pertinent information to successfully navigate many investment options in the local stock market. The ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
Dividends payable and yields for each company are shown in the Main and Junior Markets’ daily report charts that show the closing volume for the bids and offers.
At the same time, the
The JSE USD market ended with the value of stocks traded amounting to US$5,115 from US$5,493 on Thursday.
The net asset value of each company is reported as a guide to assess the value of stocks based on this measure quickly. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends payable and yields for each company are shown in the Main and Junior Markets’ daily report charts that show the closing volume for the bids and offers.
The Main Market of the Jamaica Stock Exchange recorded gains in the market indices but the Junior Market and JSE USD markets dipped at the close.
The market’s PE ratio ended at 22.6 based on 2021-22 earnings and 12.8 times those for 2022-23 at the close of trading.
The net asset value of each company is reported as a guide to assess the value of stocks based on this measure quickly. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends payable and yields for each company are shown in the Main and Junior Markets’ daily report charts that show the closing volume for the bids and offers.