Transjamaican Highway closed at a record high of $12.70 after climbing a solid $1.42, with the volume of stocks trading rising 35 percent on the Jamaica Stock Exchange Main Market on Wednesday, with at a slightly lower value compared to Tuesday. Trading ended with 59 securities changing hands similar to Tuesday, with prices of 24 rising, 27 declining and eight ending unchanged.
The market closed following an exchange of 24,918,385 shares for $213,647,357 compared to 18,467,471 stocks with a value of $241,065,021 on Tuesday.
Trading ended with an average of 422,346 shares at a value of $3,621,142, with 313,008 stock units at $4,085,848 on Tuesday and month to date, an average of 369,799 units at $4,794,013 compared with 343,964 shares at $5,370,674 on the previous day and well above July that closed with an average of 294,201 stock units at $3,175,664.
Transjamaican Highway led trading with 11.06 million shares for 44.4 percent of total volume, followed by Wigton Energy which ended with 6.58 million stocks for 26.4 percent of the day’s trade and Lasco Distributors with 2.27 million units for 9.1 percent of stocks traded, following release of positive first quarter results.
The All Jamaican Composite Index rallied 2,130.90 points to end at 449,254.35, the JSE Main Index advanced 1,615.50 points to conclude trading at 376,719.18 and the JSE Financial Index dipped 0.14 points to settle at 70.04. At the close, the Investor’s Choice bid-offer indicator shows 18 stocks ending with bids higher than their last selling prices and one with a lower offer.
The Main Market ended trading with an average PE Ratio of 14.8. ICInsider.com compiles the JSE Main and the USD Market PE ratios based on last traded prices and earnings forecasts for companies with the financial year ending around August 2026.
At the close of the market, Barita Investments declined $1.50 to finish at $65.50, with 14,444 units crossing the market, Caribbean Cement rose $2 to $116 with an exchange of 6,346 stock units, Carreras rallied 43 cents and ended at $35.91 with an exchange of 497,416 shares. Eppley Caribbean Property Fund fell $2.80 to close at $39.20 with investors trading 3,457 stock units, GraceKennedy dropped 50 cents in closing at $75.50, after an exchange of 45,147 shares, Guardian Holdings lost $7 to end at $360 after 9,431 stock units passed through the market. Proven Investments dipped 56 cents in closing at $9.34 after an exchange of 25,370 units, 
Quantas Advantage shed 56 cents to $15 in trading 174,203 stocks, Sagicor Real Estate Fund slipped $2.50 and ended at $6.50, with 38,255 shares changing hands. Scotia Group skidded 44 cents and ended at $57.06 after an exchange of 230,489 stocks, Transjamaican Highway increased $1.42 to close at a record high of $12.70 after trading of 11,057,816 stock units and West Indies Petroleum lost $1.29 to end at $8.60, with 11,336 stock units crossing the market.
In the preference share segment, Sygnus Credit Investments 10% climbed $13 in closing at $113 after a transfer of 252 shares and Sygnus Credit Investments C10.5% ended with an exchange of 893 stocks after falling by $2.51 and ended at $103.99.
Prices of securities trading are those of the last transaction.