Trading jumped on the Jamaica Stock Exchange Main Market on Wednesday, with a 62 percent rise in the volume of stocks traded resulting in a 514 percent rise in value over Tuesday, with trading taking pace in 59 securities compared with 58 on Tuesday, with the market indices dropping as the prices of just 12 stocks rising, 28 declining and 19 ending unchanged.
The market closed with 8,830,318 shares trading for $268,011,472 up from 5,438,609 units at $43,671,309 on Tuesday.
Trading averaged 149,666 shares at $4,542,567 compared to 93,769 stocks at $752,954 on Tuesday and for the month to date, an average of 256,172 stock units at $2,229,646 compared with 291,474 shares at $1,463,004 on the previous day and October with an average of 205,025 stock units at $2,311,672.
GraceKennedy led trading with 2.88 million shares for 32.6 percent of total volume followed by Wigton Energy with 1.75 million stock units for 19.8 percent of the day’s trade and Mayberry Group with 1.0 million units for 11.3 percent of the day’s trade.
The All Jamaican Composite Index sank 2,874.92 points to 362,599.37, the JSE Main Index declined by 1,451.98 points to conclude trading at 317,062.39 and the JSE Financial Index slipped 0.41 points to end the day at 65.60. The Investor’s Choice bid-offer indicator shows 16 stocks ended with bids higher than their last selling prices and only two with lower offers.
The Main Market ended trading with an average PE Ratio of 14.4. 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, Berger Paints climbed 85 cents to finish at $7.82 with a transfer of 410 stocks, Caribbean Cement skidded $3.25 and ended at $71.50 with 5,283 units crossing the market, Carreras lost 48 cents to end at $11.40 with traders dealing in 169,735 shares. Eppley increased $2.44 to close at $37.44 with 1,552 stock units changing hands, First Rock Real Estate popped 50 cents in closing at $10.50 in trading 2,550 shares, Jamaica Producers gained 83 cents to end at $21.95 with 6,656 stock units crossing the exchange. Kingston Properties declined 55 cents to $9.45 with investors trading 1,098 units, Kingston Wharves sank 71 cents and ended at $27.59 with an exchange of 3,910 stocks, Margaritaville rose 80 cents to close at $15.30 following 300 units crossing the market. 
Mayberry Group rallied 59 cents in closing at $8 in an exchange of 1,001,009 stocks, NCB Financial slipped $1.40 to end at $50.40 and closed with 103,906 shares changing hands, Pan Jamaica fell $2.40 to finish at $47.10 as investors exchanged 7,723 stock units. Proven Investments dropped $2.53 to $17.44 in switching ownership of 794 shares, Scotia Group advanced 75 cents to close at $46.25 after an exchange of 1,595 stock units, Seprod sank 50 cents and ended at $84 with investors trading 36 stocks and Supreme Ventures shed 79 cents to finish at $21.21 after an exchange of 58,961 units.
In the preference segment, Eppley 7.25% preference share dropped 80 cents to end at $19.10 with investors swapping 35,125 stocks and Jamaica Public Service 9.5% preferred share close with an exchange of 40 stocks at $2,899.99 after hitting a intraday 52 weeks’ low of $2,646.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.