Shares in West Indian Petroleum, listed on Tuesday, traded for the first time and increased by 24 cents to close at a record high of 74 cents, with a miniscule volume changing hands. Trading on the Jamaica Stock Exchange Main Market ended on Wednesday, with the volume of stocks changing hands declining 25 percent, with a 7 percent higher value compared to Tuesday. At the close of the market, 63 securities changed hands, up from 60 on Tuesday, with prices of 21 rising, 23 declining and 19 ending unchanged.
The market closed with 4,775,830 shares trading for $74,688,010 compared with 6,387,421 stock units at $69,616,031 on Tuesday.
Trading averaged 75,807 shares at $1,185,524 compared to 106,457 stocks at $1,160,267 on Tuesday and month to date, an average of 256,859 units at $2,758,955, down marginally from 268,534 shares at $2,860,415 on the previous day, compared to November with an average of 279,326 stock units at $1,890,583.
Transjamaican Highway led trading with 1.05 million shares for 21.9 percent of total volume, followed by Wigton Energy, ending with 807,896 units for 16.9 percent of the day’s trade, and JMMB 9.5% with 356,754 stocks for 7.5 percent of the volume traded.
The All Jamaican Composite Index rallied 2,316.92 points to wrap up trading at 362,759.16, the JSE Main Index rallied 2,228.18 points to close at 315,200.80 and the JSE Financial Index popped 0.11 points to settle at 63.50. At the close, the Investor’s Choice bid-offer indicator shows six 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 13.6. 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, AS Bryden rallied 98 cents to end at $28.98 with a transfer of 2,130 shares, Eppley dropped $2.40 in closing at $31.10 after an exchange of 100 units, Eppley Caribbean Property Fund sank $1.04 to $45.95 with investors trading 946 stocks. Guardian Holdings popped $5 to close at $340 in an exchange of 122 shares, Jamaica Broilers declined 60 cents to finish at $16.85 with investors dealing in 42,461 stock units, Jamaica Stock Exchange sank 77 cents and ended at $10.53, with 2,878 shares crossing the market. JMMB Group climbed 99 cents to $17.99 after an exchange of 101,185 units, Kingston Wharves rose 75 cents to end at $34 after closing with an exchange of 17,813 stocks, Margaritaville lost 93 cents in closing at $14 with traders dealing in 10 stock units. Mayberry Group skidded 50 cents and ended at $6.50 as investors exchanged 13,700 shares, NCB Financial gained $1.80 to finish at $41.80, with 136,019 stocks crossing the market, 
Pan Jamaica fell $2 to close at $46 in an exchange of 4,623 units. Scotia Group shed 90 cents to $54.20 with 69,485 stock units clearing the market, Sygnus Real Estate Finance advanced $1.21 in closing at a 52 weeks high of $14 after the trading of 2,011 shares and West Indian Petroleum increased 24 cents to close at a record high of 74 cents after 5,000 shares were exchanged, leaving 284 bidders for more than 60.6 million shares unsatisfied at the close.
In the preference segment, Jamaica Public Service 7% climbed $3.38 and ended at $44.80 with investors swapping 2,020 units, Productive Business Solutions 10.5% increased $95 to end at $1,150 after a transfer of 86 stock units and Sygnus Credit Investments C10.5% slipped $1 to finish at $100 in trading 287,889 shares.
Prices of securities trading are those for the last transaction