Jamaican stocks continued their 2026 bounce on the Jamaica Stock Exchange on Monday, with prices of 38 shares rising, 37 declining and 41 remaining firm. The biggest winner, West Indies Petroleum, jumped $2.16 to be, by far, the major contributor to today’s market rally, with the JSE Combined Market Index jumping a solid 4,461.59 points to 342,230.00, the All Jamaican Composite Index, comprising only Jamaican stocks, surging a healthy 6,732.90 points to 385,303.96. At the same time, the JSE Main Index climbed a robust 4,565.08 points to end at 332,600.05.
The Junior Market Index rose by just 13.11 points to 3,373.45 and stocks denominated in US dollars closed with the benchmark JSE USD Market Index slipping 0.31 points to 222.15.
The big Main Market bounce was not broad-based and was primarily due from gains in WI Petroleum and Carreras.
The market closed with the volume of stocks traded, falling, with a lower value than on Friday, resulting from an exchange of 15,830,229 shares in all three markets, down from 32,406,419 units on Friday, with the value of stocks traded on the Junior and Main markets amounting to $84.97 million, down from $102.3 million on the previous day. The JSE USD market closed with an exchange of 341,194 shares for US$12,521 compared to 206,954 units at US$51,717 on Friday.
In Main Market activity, Transjamaican Highway led trading with 2.24 million shares, followed by Wigton Energy with 1.71 million stocks and Sagicor Select Manufacturing & Distribution Fund with 1.39 million units.
In Junior Market trading, Atlantic Hardware led with 1.54 million shares, followed by RA Williams with 997,398 stocks and Omni Industries with 752,304 units.
In the preference segment, Jamaica Public Service 7% advanced $3.81 and ended at $44, 138 Student Living preference share popped $49 to $250, Productive Business Solutions 10.5% increased $76.75 to finish at $1,050, Sygnus Credit Investments 10% climbed $3 in closing at $109 and Sygnus Credit Investments C10.5% lost $2 to end at $100.
The market’s PE ratio, the most popular measure used to value stocks, ended at 14.6, computed on projected 2026-27 earnings and 15.7 compiled using 2025 earnings, excluding any 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 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.
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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.
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.
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.
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.
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.
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.
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.
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.
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 market closed with 14,708,083 shares trading worth $73,546,829, compared with 15,161,289 stock units at $89,302,685 on Tuesday.
At the close, the Investor’s Choice bid-offer indicator shows 12 stocks ending with bids higher than their last selling prices and four with lower offers.
Scotia Group sank $1.59 to end at $50.65 after an exchange of 5,766 shares, West Indies Petroleum rallied $1.07 in closing at $4.52 with investors dealing in 7 stock units and Wisynco Group skidded 74 cents to finish at $19.20 in an exchange of 40,108 shares.
At the close of the market, with the newly listed West Indian Petroleum trading at a new record high of $4.52 and a PE ratio of an incredible 152, the JSE Combined Market Index rose 3,051.39 points to end at 334,207.01, the All Jamaican Composite Index increased by 3,581.55 points to 372,436.50, the JSE Main Index advanced 3,065.20 points to 323,948.39, the Junior Market Index rose 16.64 points to 3,409.53 and the JSE USD Market Index increased 10.20 points to conclude trading at 222.06.
In Junior Market trading, JFP led with 108.29 million shares, followed by Kintyre Holdings with 2.91 million stocks and Atlantic Hardware with 1.81 million units.
The market closed with 15,161,289 shares being traded at $89,302,685 compared to 13,515,579 stock units at $63,554,888 on Monday.
At the close, Barita Investments fell $1 to $70, following trading in 4,204 shares, before the company announced the acquisition of JN Fund Managers, in a move that should boost profit. Caribbean Cement slipped 90 cents to close at $104.60 with investors dealing in 13,729 units, GraceKennedy sank $3.49 in closing at $69.01, with 59,641 stocks crossing the market. Jamaica Producers rose $1.68 and ended at $23.88, with investors exchanging 206 shares, JMMB Group declined 95 cents to end at $17.05, with 9,525 stock units changing hands, Proven Investments sank $1.29 to finish at $14.21 in trading 1,815 shares. Seprod dipped $5.71 to $78.20 after 6,847 stock units passed through the market, Supreme Ventures increased 50 cents to finish at $15.99 with investors swapping 28,385 units, Sygnus Credit Investments lost 41 cents and ended at $12 after closing with trading in 7,919 stocks and
At the close of the market, there was buying interest for over 20 million shares, ranging from 45 cents to a high of $3.45.
The winners include recently listed West Indies Petroleum, trading at a record high of $3.45, at PE ratio of 69 times 2024 earnings from continuing operations.
In the preference segment, Jamaica Public Service 9.5% dropped $200 to end up at $2,300, 138 Student Living preferred share rose $36 to $250 and Sygnus Credit Investments C10.5% fell $3.94 in closing at $100.
There is something completely wrong with this listing. The stock is currently trading at a PE of 51 based on 2024 earnings adjusted for a one off expense, with very little supply coming on the market. Since listing, only 16,003 shares have traded to date, with the stock in heavy buying demand.