The closing of the party continued on Thursday with West Indies Petroleum dropping for a second day, with an overall decline of 37.5 percent from the peak at $14 and played a major role in the fall of the Jamaica Stock Exchange Main Market on Thursday. 
The JSE Index dropped just under 5,200 points after trading in 58 securities and ending with prices of 17 rising, 27 declining and 14 ending firm. The volume of stocks traded dropped by 29 percent, with the value declining by 51 percent, versus Wednesday.
The market closed with 8,562,905 shares trading for $45,031,832 after increasing from 12,120,147 stock units at $91,312,554 on Wednesday.
Trading averaged 147,636 shares at $776,411, down from 198,691 stock units at $1,496,927 on Wednesday and month to date, an average of 225,384 units at $1,500,327, dipping marginally from 233,612 shares at $1,576,946 on the previous day and December with an average of 395,435 stock units at $4,321,753.
Transjamaican Highway was the leading trade with an exchange of 3.44 million shares for 40.1 percent of the total volume, followed by Wigton Energy, ending with 1.23 million stock units for 14.3 percent of the volume traded and QWI Investments ended with 788,935 stock units for 9.2 percent of the volume traded.
The All Jamaican Composite Index dropped 6,870.74 points to 385,386.73, the JSE Main Index dived 5,291.80 points to end at 332,295.54 and the JSE Financial Index slipped 0.81 points to 62.85. At the close, the Investor’s Choice bid-offer indicator shows 10 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 16.9. 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 of the market, Berger Paints dipped 84 cents to close at $5.31 with traders dealing in a mere 759 shares, Carreras gained 45 cents to close at $18.90 after a transfer of 92,970 units, Eppley Caribbean Property Fund popped 49 cents to end at $47 with investors switching ownership of 485 stocks.
Jamaica Producers fell 79 cents in closing at $22.21 after an exchange of 30,764 shares, Kingston Wharves skidded 50 cents to finish at $37 with 4,460 stock units crossing the market, Margaritaville sank $1.90 and ended at $12 in an exchange of 19 shares. Scotia Group shed $1.50 to $50, trading 38,538 units, West Indies Petroleum lost 77 cents and ended at $8.75 after trading as low as $8, with 432,420 stocks clearing the market and Wisynco Group slipped 74 cents to close at $19.21 in an exchange of 156,658 stock units.
In the preference segment, Sygnus Credit Investments 10% sank $2 to end at $107 with 21 shares crossing the market.
Prices of securities are those of the last traded transaction, unless otherwise stated.