GraceKennedy closed with 5.2 million shares being traded, value at $377.6 million on Wednesday accounting for 78 percent of the overall value of stocks traded on the Jamaica Stock Exchange Main Market with a 125 percent jump in the volume of stocks changing hands valued at 576 percent more than on Tuesday.
Trading for the day ended with declining stocks whipping losers on a 2 to 1 basis following trading in 60 securities compared with 61 on Tuesday, with prices of 15 rising, 34 declining and 11 ending unchanged with VM Investments trading at a 52 weeks’ low of $2.14.
The market closed with 41,544,650 shares trading for $485,714,988 up sharply from 18,518,178 stock units at $73,536,330 on Tuesday.
Trading averaged 692,411 shares at $8,095,250 well above the 303,577 stocks for $1,205,514 on Tuesday and month to date, an average of 1,119,427 stocks for $44,213,271 being close to the 1,191,397 shares at $50,300,578 on the previous day and well over February with an average of only 405,332 stock units at $1,953,730.
JMMB Group 10% preferred shares led trading with 21.52 million shares for 51.8 percent of total volume followed by Transjamaican Highway which ended with 6.98 million stocks for 16.8 percent of the day’s trade, GraceKennedy closed with 5.21 million stocks for 12.5 percent of the volume traded and Wigton Energy with 4.43 million units for 10.7 percent of market share.
The All Jamaican Composite Index sank 2,456.91 points to conclude trading at 378,896.13, the JSE Main Index dropped 1,497.96 points to 327,116.35 and the JSE Financial Index declined 0.47 points to end at 68.06. The Investor’s Choice bid-offer indicator shows 13 stocks ending with bids higher than their last selling prices and seven with lower offers.
The Main Market ended trading with an average PE Ratio of 15.1. The JSE Main and 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 2025.
At the close, Caribbean Cement rose $1.97 to end at $85 with 8,584 stocks clearing the market, Eppley dipped $6.50 to $35.50 after an exchange of 4,217 units, First Rock Real Estate lost 66 cents to close at $8.52 with investors dealing in 6,004 shares. General Accident advanced 78 cents in closing at $6 in an exchange of 122,005 stock units, GraceKennedy slipped $1 to finish at $73 with 5,207,964 shares changing hands, Guardian Holdings popped $11.99 and ended at $299.99 as investors exchanged 67 stocks. Jamaica Producers climbed $1.90 to $23.90 with 72,638 units crossing the market, Kingston Wharves fell $1.44 to end at $27.50 in the trading of 4,858 stock units, Lasco Manufacturing skidded 50 cents in closing at $7 with 647,112 shares crossing the market. Pan Jamaica sank 65 cents and ended at $52.35 after an exchange of 6,603 stock units, Proven Investments declined $1.85 to close at $17.55 with investors swapping 1,956 units, 
Scotia Group sank $1.80 to finish at $58.70 in switching ownership of 150,366 stocks. Seprod shed $2 to $88 after a transfer of 1,787 shares, Stanley Motta dropped 58 cents and ended at $6.41 with trading of 2,601 stock units, Supreme Ventures increased 39 cents to finish at $18.50 in an exchange of 29,438 stocks. Sygnus Real Estate Finance fell 91 cents in closing at $8.80 with investors trading 13,462 units and Wisynco Group skidded 60 cents to end at $21.20 after 55,964 stocks passed through the market.
In the preference segment, 138 Student Living preference share sank $40.07 to close at $255.01 with 20 shares crossing the exchange. Productive Business Solutions 10.5% preference share declined $50 to $1,000 with a transfer of 218 stock units, Sygnus Credit Investments 10% sank 77 cents in closing at $110 with traders dealing in 1,803 units and Sygnus Credit Investments C10.5% lost $3.95 to close at $96.05 with investors trading 2,872 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.