After nearly five years of declines, the Jamaica Stock Exchange Main Market seems positioned for a rebirth, with Jamaican stocks closing on Friday at a near 5 year high, with a 14.7 percent gain year to date, even as trading dropped 73 percent with a 87 percent lower value compared to Thursday. Trading ended after 60 securities changed hands, slipping from 59 on Thursday, with prices of 30 rising, 21 declining and nine ending unchanged, sending the market’s All Jamaican Composite Index to the highest level since August 15, 2022, when it closed at 419,448.06.
The market closed following trading of 8,140,109 shares with a value of $163,712,331, off from 30,058,965 stock units worth $1,238,526,471 on Thursday.
Trading averaged 135,668 shares at $2,728,539 after decreasing from 509,474 stock units at $20,991,974 on Thursday and month to date, an average of 226,948 stock units at $3,217,529, compared to 233,684 shares valued at $3,253,724 on the previous day and May with an average of 328,145 stock units at $2,328,972.
Wigton Energy led trading with 2.04 million shares for 25.2 percent of total volume, followed by Transjamaican Highway with 1.56 million units for 19.2 percent of the day’s trade and Caribbean Cement with 943,448 stocks for 11.6 percent of the volume traded.
The All Jamaican Composite Index rose 10,632.40 points to finish at 419,073.54, the JSE Main Index rallied 8,646.78 points to end at 354,542.95 and the JSE Financial Index rose 1.66 points to settle at 66.51. At the close, the Investor’s Choice bid-offer indicator shows nine stocks ending with bids higher than their last selling prices and one with a lower offer.
The Main Market ended trading with an average PE Ratio of 14.3. ICInsider.com compiles the JSE Main and the USD Market PE ratios based on last traded prices and earnings forecasts for companies with the financial year ending around August 2026.
At the close of trading, Eppley Caribbean Property Fund climbed $2.60 to finish at $43.85 in switching ownership of 150 shares, Guardian Holdings dropped $4 to $340 with investors trading 175 units, Jamaica Broilers fell 42 cents to $14.13 with 118,048 shares passing through the market. Jamaica Producers popped 48 cents in closing at $22.50 in an exchange of 12,530 stock units, Kingston Properties shed 90 cents to close at $10 with investors dealing in 5,644 stocks, Mayberry Group rallied 87 cents to $5.97 after an exchange of 9,564 units. NCB Financial lost $1.01 to $58.99 with 53,814 shares clearing the market, Sagicor Group rose 70 cents to finish at $38.90 with an exchange of 23,915 stock units, Sagicor Real Estate Fund advanced $1.22 to $8.30 after a transfer of 5,600 stocks.
Salada Foods increased 45 cents in closing at $2.35 in an exchange of 112,681 shares, Seprod dipped $1.98 to $75, following trading in 8,252 stock units, Supreme Ventures gained 59 cents to close at $17.90 with a transfer of 636,275 stocks and Wisynco Group rose 90 cents to $20.90 with 26,843 units changing hands.
In the preference share segment, Eppley 7.25% preference share advanced $2.88 in closing at $19.20 after a transfer of just one share, 138 Student Living preference share skidded $25 to finish at $175 with 7 stock units crossing the market. Productive Business Solutions 10.5% popped $42 and ended at $1,200 with investors trading 173 stocks and Sygnus Credit Investments C10.5% increased $1.99 to end at $105.99 with 73 units crossing the market.Prices of stocks trading are those of the last transaction unless otherwise stated.
At the close of the market, the JSE Combined Market Index surged 8,783.32 points to finish trading on Friday at 360,744.16, the All Jamaican Composite Index jumped 10,632.40 points to close the week at a near 4-year high of 419,073.54, the highest since August 15, 2022. The JSE Main Index rallied 8,646.78 points to 354,542.95, the Junior Market Index rose 71.88 points to 3,030.66 and the JSE USD Market Index gained 1.56 points to end at 240.87.
In the preference share segment, Eppley 7.25% preferred share rose by $2.88 in closing at $19, followed by 138 Student Living preference share that dropped by $25 to $175, Productive Business Solutions 10.5% preferred stock popped $42 and ended at $1,200 and Sygnus Credit Investments C10.5% rose $1.99 to close at $106.
The market closed with 30,058,965 shares trading for $1,238,526,471 after falling from 11,613,047 stocks at $109,315,635 on Wednesday.
The market closed with trading in, Caribbean Cement that rallied by 50 cents to $103 after the trading of 25,902 shares, Carreras rose 75 cents to end at a 52 weeks high of $30.20 after an exchange of 415,262 stock units, Eppley Caribbean Property Fund fell 75 cents to $41.25 following trading of 3,580 shares. Jamaica Stock Exchange declined 54 cents and ended at $10.05 with 26,601 units crossing the exchange, Kingston Properties rallied 90 cents to end at $10.90 with a transfer of 8,360 units, Kingston Wharves declined $3.25 to $33 following trading of 1,089,511 stocks. Margaritaville fell 75 cents to $9.50 with 28 shares passing through the market, Massy Holdings popped $2.75 to $73.80 with investors trading 60 units, Mayberry Group dropped 87 cents to $5.10 with an exchange of 58,598 stock units. NCB Financial climbed $2 to finish at a 52 weeks high of $60 with 21,886,684 shares changing hands, Proven Investments shed 75 cents to close at $10.75 with investors dealing in 3,100 stocks, Sagicor Group dipped $1.30 to end at $38.20 in an exchange of 205,002 units. Sagicor Real Estate Fund dipped 76 cents to $7.08 with investors swapping 4,020 stock units,
Salada Foods fell 49 cents to a 52 weeks low of $1.90 after a transfer of 266,533 shares, Scotia Group dipped 69 cents to $58.70 in an exchange of 110,038 stock units. Seprod increased $3.98 and ended at $76.98 with 49,970 units crossing the market, Supreme Ventures lost 49 cents to close at $17.31 after a transfer of 88,229 stocks and West Indies Petroleum advanced $1.26 to finish at $9.36 with 20,774 shares crossing the exchange.
At the close of the market, the JSE Combined Market Index skidded 1,514.60 points to wrap up trading at 351,960.84, the All Jamaican Composite Index shed 1,008.97 points to end at 408,441.14, the JSE Main Index lost 1,665.55 points to settle at 345,896.17, the Junior Market Index rose 10.76 points to 2,958.78 and the JSE USD Market Index popped 6.80 points to end trading at 239.31.
In the preference share segment, Eppley 7.25% preference share declined $2.88 to close at $16, 138 Student Living preference share climbed $25 to $200, Productive Business Solutions 10.5% rose by $8 to $1,158, Sygnus Credit Investments 10% advanced $2.48 and ended at $111 and Sygnus Credit Investments C10.5% shed $2.49 to end at $104.
The market closed with an average of 207,376 shares being traded at $1,952,065, up from 114,701 stock units at $1,779,476 on Tuesday.
At the close of trading, AS Bryden advanced $1.74 to finish at $24.75 in swapping owners of 35 shares, Caribbean Cement rose 50 cents to $102.50 with 21,794 stocks crossing the market, Caribbean Producers gained 92 cents to end at $5.43 in an exchange of 19,162 shares. Carreras climbed $2.44 to a 52 weeks high of $29.45, with investors dealing in 520,498 units, Eppley Caribbean Fund dropped 40 cents in closing at $42 with a transfer of 2,067 stocks, Guardian Holdings shed $1 to end at $344 after an exchange of 44 shares. Jamaica Stock Exchange rallied 58 cents in closing at $10.59, after trading of 15,694 stocks, Kingston Properties fell $1 to $10 with 3,191 units changing hands, Kingston Wharves increased $3.75 to $36.25 in trading 951 stock units. Massy Holdings climbed 40 cents to close at $71.05 with 2,931 shares crossing the market, Mayberry Jamaican Equities increased 68 cents to finish at $6.80 as investors exchanged 5,500 stocks units, NCB Financial climbed 85 cents and ended at a 52 weeks high of $58 with 816,422 units crossing the market. Sagicor Real Estate Fund skidded 75 cents to $7.84 with investors trading 5,580 stock units,
Supreme Ventures rose 80 cents in closing at $17.80 after an exchange of 166,120 shares, Sygnus Real Estate Finance rallied 50 cents to close at $8 with 2,889 units passing through the market and West Indies Petroleum lost 41 cents to settle at $8.10 with an exchange of 23,430 stocks.
Trading concluded with the JSE Combined Market Index rallying by 3,458.66 points to 353,475.44, the All Jamaican Composite Index gaining 2,569.20 points to end at 409,450.11, and the JSE Main Index increasing 3,408.01 points to 347,561.72. The Junior Market Index rallied 27.89 points to 2,948.02 and the JSE USD Market Index lost 1.95 points to end at 232.51.
In the preference share segment, Eppley 7.25% preference share rallied $2.87 in closing at $19, 138 Student Living preference share skidded $25 to $175 and Sygnus Credit Investments C10.5% rose $6.49 to close at $106.
The market closed with 6,882,074 shares trading for $106,768,583, with the number of shares trading hands tumbling from 12,534,155 units at $100,412,846 on Monday.
The Main Market ended trading with an average PE Ratio of 14.7. ICInsider.com compiles the JSE Main and the USD Market PE ratios based on last traded prices and earnings forecasted for the fiscal year ending around August 2026.
Mayberry Group popped 47 cents to $5.98 with 21,226 stock units crossing the market, Mayberry Jamaican Equities dropped 67 cents to finish at $6.12 with a transfer of 1,302 units, NCB Financial gained $4.65 and ended at $57.15 with 88,714 stocks being traded. Sagicor Group advanced 80 cents to $39.30 in an exchange of 7,518 shares, Seprod shed $5.57 in closing at $72.71 with a transfer of 5,155 stock units and Sygnus Real Estate Finance declined 50 cents to $7.50 with 18,489 units passing through the market.
At the close of the market, the JSE Combined Market Index jumped 4,070.69 points to finish trading at 350,016.78, in the meantime, the All Jamaican Composite Index gained 4,922.52 points to settle at 406,880.91, the JSE Main Index surged by 4,416.07 points to end at 344,153.71, as the Junior Market Index skidded 20.93 points to end at 2,920.13 and the JSE USD Market Index lost 0.07 points to finish at 234.46.
In the preference segment, Eppley 7.25% preference share lost $2.87 to finish at $16 and Jamaica Public Service 7% dipped $2.86 and ended at $31.
The market closed with 12,534,155 shares trading worth $100,412,846, after dipping from 14,821,316 stock units at $108,874,973 on Friday.
At the close of trading in the market, Caribbean Cement fell $3.30 to close at $102.10 after an exchange of 16,232 stock units, Carreras rallied 60 cents to end at a 52 weeks high of $25.50 following the trading of 168,826 shares, Eppley popped 50 cents to $33.50 in an exchange of 75 stocks. General Accident shed 69 cents and ended at $8.01 with investors trading 64,508 shares, GraceKennedy climbed $1.01 to close at $69 following a transfer of 79,467 stock units, Guardian Holdings declined $6 to finish at $315 with investors swapping 18 shares. Jamaica Broilers sank 40 cents to $14.60 with 12,062 stock units changing hands, Jamaica Producers dropped 48 cents to $22.02 with investors trading 7,165 stocks, Margaritaville increased $1.09 in closing at $12.06 with 872 units passing through the market. Massy Holdings fell $3 and ended at $71 with a transfer of 356 shares, Mayberry Group skidded 49 cents to finish at $5.51 with 6,327 units crossing the market, NCB Financial rose 50 cents to close at $52.50 with investors dealing in 34,895 stocks. Pan Jamaica rallied $3.76 to $47.89 with 981 stock units crossing the exchange, Sagicor Group sank $1 to $38.50 after a transfer of 20,134 shares,
Sagicor Real Estate Fund slipped 40 cents and ended at $8.59 with 11,930 units crossing the market. Scotia Group dipped 64 cents to 58.99 as investors exchanged 38,969 stocks and Seprod advanced $5.53 to finish at $78.28 with 89,803 stock units clearing the market.
At the close of the market, the JSE Combined Market Index skidded 1,764.05 points to 345,946.09, the All Jamaican Composite Index shed 1,665.53 points to conclude trading at 401,958.39, while the JSE Main Index dropped 1,549.36 points to 339,737.64, the Junior Market Index sank 39.28 points to end at 2,941.06 and the JSE USD Market Index rose 0.40 points to 234.53.
At the close of trading, the PE ratio for the current year, compiled using projected 2026-27 earnings, is 12.3 and 14.3 based on 2025 historical earnings. Major one-off income or expenses, if any, are excluded from earnings. The PE ratio is one of the most utilised measures used in valuing shares. It is calculated by dividing a company’s stock price by earnings per share.