Trading ended on Friday, with West Indies Petroleum rallying 30 percent in closing at a new high of $7.26, at a PE of 245 times 2024 earnings on the Jamaica Stock Exchange Main Market and gained 1,350 percent since last year’s December listing. Trading closed with activity in 60 securities compared with 61 on Thursday, resulting in prices of 18 rising, 21 declining and 21 ending unchanged. At the close, trading volume and value declined 15 percent and 71 percent, respectively, compared to Thursday.
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.
Trading averaged 318,841 shares at $1,288,174, down from 368,931 stocks at $4,358,821 on Thursday and month to date, an average of 261,724 stock units at $1,747,284 compared with 250,414 shares at $1,838,196 on the previous day and December with an average of 395,435 stock units at $4,321,753.
Innovative Energy led trading with 8.61 million shares for 45 percent of total volume, followed by Transjamaican Highway, with 5.10 million stocks for 26.7 percent of the day’s trade, Sagicor Select Manufacturing & Distribution Fund closed with 1.04 million stocks for 5.4 percent of the stocks traded and Sagicor Select Financial Fund contributed 1.01 million units for 5.3 percent of market share.
The All Jamaican Composite Index gained 1,867.15 points to close at 378,571.06, up 3.6 percent for the year to date, the JSE Main Index rallied 1,332.55 points to 328,034.97, for a 3.2 percent year to date gain and the JSE Financial Index slipped 0.19 points to finish at 64.02. At the close, the Investor’s Choice bid-offer indicator shows 12 stocks ending with bids higher than their last selling prices and five with lower offers.
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.
At the close of the market, Barita Investments declined by $1.66 in closing at $73 after an exchange of 26,201 shares, Caribbean Cement rose $1 to $106 with investors dealing in 37,689 units, GraceKennedy popped $2 to finish at $72 after a transfer of 114,113 shares. MPC Caribbean Clean Energy lost $1 and ended at $44 after trading of 10 stock units, Pan Jamaica dropped 53 cents to close at $51.45 as investors exchanged 584 stocks, Proven Investments sank $1.55 to end at $13.95 in trading 8,651 units. Seprod skidded 85 cents to $83 after an exchange of 422 shares, Stanley Motta climbed 48 cents to close at $6.98 with investors trading 3,076 stock units, 
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.
In the preference segment, Eppley 7.25% preference share gained $1.20 to finish at $19.20 in switching ownership of 878 stock units, 138 Student Living preference share advanced $11 to $201, with one share crossing the exchange and Sygnus Credit Investments 10% dipped $4 in closing at $106, with 498 units changing hands units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.