The Jamaica Stock Exchange Main Market gave up all then gains over the last two days and more at the end of trading on Tuesday with the market declining after more stocks fell than rose as investors exchanged 30 percent more shares at 68 percent greater value than on Monday.
At the close, the All Jamaican Composite Index plunged 7,196.97 points to 400,671.99, the Main Index dived by 6,519.21 points to settle at 365,673.87 and the JSE Financial Index shed 1.97 points to end at 96.55.
Trading ended with 40 securities changing hands compared to 42 securities on Monday and it ended with the prices of 14 stocks rising, the prices of 18 declining and eight remaining unchanged and the average PE Ratio of the market ended at 15.3 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 15,897,876 shares for $260,424,238 compared to 12,210,225 units at $154,837,388 on Monday.
Carreras led trading of 4.98 million shares for 31.3 percent of total volume followed by Wigton Windfarm, with 2.92 million units for 18.4 percent of the day’s trade and Grace Kennedy with 2.72 million units for 17.1 percent market share. 
Transjamaican Highway was the only other stock to exceed a million shares and ended with 2.12 million units changing hands.
Trading ended or the day with an average of 397,447 units changing hands at $6,510,606 for each security, in comparison to an average of 290,720 shares at $3,686,604 on Monday. The average trade for the month to date ended at 446,707 units at $2,885,266 for each security, in contrast to 449,733 units at $2,662,511. Trading month to date compares well to July with an average of 392,128 shares for $2,444,356.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows 9 stocks ended with bids higher than their last selling prices and four with lower offers.
At the close of the market, Eppley advanced by $1 to close at a 52 weeks’ high of $22, with investors switching the ownership of 116,847 shares, Grace Kennedy increased 49 cents to end at $56.49 trading 2,722,991 units, Jamaica Broilers Group fell $1.50 in closing at $23.50 in exchanging 1,895 stocks. 
Jamaica Producers Group lost 50 cents to close at $20 with investors swapping 2,147 shares, JMMB Group climbed 44 cents to $30.47 while exchanging 20,425 stock units. Key Insurance shed 70 cents to close at $7.69 and finished trading 75,312 stocks, NCB Financial Group carved out a loss 50 cents in closing at $138.50 while 207,362 stock units changed hands, 138 Student Living carved out a loss 32 cents to close at $5.50 after exchanging 330,439 shares. Proven Investments rose $2 to end at $38 in trading 37,208 stocks. Scotia Group lost 51 cents to end at $45, with 282,290 stock units passing through the market and Seprod declined $3.49 to settle at $51.01 in exchanging 290,603 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the close, the All Jamaican Composite Index jumped by 4,343.31 points to 407,868.96, the JSE Main Index climbed 4,093.95 points to end at 372,193.08, the JSE Financial Index rose 2 points to settle at 98.52.
Sagicor Select Financial Fund with 1.3 million units or 10.8 percent of overall trade and QWI Investments with 1.2 million stock units for 10 percent of stocks trading.
Eppley jumped $3.18 to settle at 52 weeks’ high of $21 with an exchange of 40,535 units. Jamaica Broilers Group carved out a gain of $2 to close at $25 while trading 2,197 stocks, Jamaica Producers Group fell $2.48 to end at $20.50 with investors swapping 193,306 units, JMMB Group dropped by $1.27, in ending at $30.03 after 24,388 stocks passed through the market. Mayberry Jamaican Equities lost 46 cents in closing at $8.29, with 153 units changing hands, MPC Caribbean Clean Energy gained $2.99 to end at $155, after an exchange of 1,587 units, PanJam Investment declined $3 to end at $65 and cleared the market with 11,980 stock units. Proven Investments climbed $1.90 to $36 after trading 23,024 shares, Scotia Group carved out a loss $2.49 to end at $45.51 with investors switching ownership of 245,287 stock units and Wisynco Group fell 40 cents to close at $16.50 while exchanging 17,470 stocks.
Trading ended with 27 securities changing hands compared to 32 on Friday and ended with the prices of 11 stocks rising, the prices of 10 declining and six, with remaining unchanged.
Trading in July resulted in an average of 248,153 units at $668,727 changing hands.
Express Catering gained 50 cents in ending at $4, with 333,854 stocks crossing the market, Fontana rose 10 cents to settle at $4.98 to clear the market with 16,441 units, General Accident increased 29 cents to close at $6.99 and finishing, with 9,232 stocks changing hands. Honey Bun lost 26 cents to end at $4.83 while exchanging 140 shares, Indies Pharma carved out a gain of 30 cents to end at $2.80 while trading 5,330 units, Jamaican Teas dropped 4 cents to close at $4.65, after 189,603 shares changed hands. Lasco Distributors shed 24 cents to end at $3 while exchanging 234,800 units, Lasco Manufacturing climbed 19 cents to $3.80 and crossed the exchange, with 34,147 stocks, Limners and Bards lost 8 cents in closing at $2.66 in trading 120,301 stock units. Lumber Depot shed 3 cents to end at $1.02 with investors swapping 102 shares, Mailpac Group climbed 4 cents to $2.07 trading 170,007 stock units and Main Event dropped 57 cents to settle at $3.40 after exchanging 1,356 units.
At the close of the market, trading ended with six securities changing hands compared to four on Friday and ended with the prices of one stock rising, four declining and one remaining unchanged.
At the close of the market, First Rock Capital Investment lost 0.45 of a cent to close at 8.5 US cents in trading 750 units, Productive Business Solutions remained at 70 US cents finishing, with 30 shares changing hands. Proven Investments lost one-tenth of a cent and settled at 24.75 US cents, with investors swapping ownership of 2,612 shares. Sygnus Credit Investments dropped 1 US cent in closing at 13 US cents and clearing the market with 135,477 shares and Transjamaican Highway gained six-tenths of a cent and settled at 0.09 of a US cent in an exchange of 3,000 stocks.
The market closed with fifteen securities trading with four stocks advancing, five declining and six stocks ended unchanged. The market activity ended with 273,047 shares valued at $4,226,887 changing hands, compared to 341,281 shares for $5,621,034 on Friday from 17 securities.
Prestige Holdings slid 15 cents to $8.20, with 50 units changing hands. Republic Financial Holdings dropped $1.28 to settle at $140, with trades of 17 units and Scotiabank slipped 10 cents exchanging 1,500 units to end at $54.65.
When applied against the 
The fall elevating it back into the Junior Market TOP 10, with Lasco Distributors dropping out, while there was no change to the main market list.
The targeted average PE ratio of the market is 20 based on the profits of companies reporting full year’s results, from now to the second quarter in 2021. Both the Junior and Main markets are currently trading well below this level, an indication of the potential gains ahead. The JSE Main Market ended the week, with an overall PE of 15 and the Junior Market 10.6, based on IC Insider.com’s projected 2020-21 earnings. 
The average PE ratio of the Junior Market has been slowly rising, with better profit opportunities than the Main Market and narrowing the gap. The PE ratio for the Junior Market Top 10 stocks average a mere six at just 56 percent to the average of the overall Junior Market. The Main Market TOP 10 stocks trade at a PE of 8.1 or 54 percent of the PE of the overall market.
IC TOP 10 stocks are likely to deliver the best returns up to March 2021 and ranked in order of potential gains, based on possible gain for each company, taking into account the earnings and PE ratios for the current fiscal year. Expected values will change as stock prices fluctuate and will result in movements of the selection in and out of the lists for most weeks. Revisions to earnings per share are ongoing, based on receipt of new information.
Trading for the day ended with an average of 229,432 units changing hands for the day at $1,207,987 for each security, in comparison to an average of 441,246 shares at $1,282,200 on Thursday. The average trade for the month to date ended at 460,700 units at $2,591,884, in contrast to 479,152 units at $2,702,302. Trading month to date compares adversely to July with an average of 392,128 shares for $2,444,356.
Jamaica Stock Exchange fell 35 cents to settle at $20.14 with 3,815 stock units traded, JMMB Group advanced 60 cents to close at $31.30 with investors switching ownership of 38,865 units, Kingston Properties finished 40 cents higher at $7.60 with 250 stock units changing hands. Kingston Wharves declined by 90 cents to end at $49.10 with an exchange of 3,134 units, NCB Financial Group increased by $1 to close at $139, with 30,821 stocks traded, PanJam Investment climbed $3.50 to end at $68 with investors transferring 932 stock units. Proven Investments carved out a loss of $1.75 to finish at $34.10 with 40,514 stock units changing hands, Scotia Group climbed $1.75 to settle at $48 in the exchange of 27,903 stock units, Seprod dropped 50 cents to end at $54.50 with 5,874 stock units traded and Wisynco Group carved out a loss of 50 cents to close at $16.90 with 48,649 stock units crossing the exchange.
At the close of the market, CAC 2000 jumped $1.54 to end at $12 with investors transferring 100 stock units, Cargo Handlers lost 77 cents to settle at $6.53 in the exchange of 4,600 stock units, Caribbean Assurance Brokers slipped 1 cent to $2.22 in trading 12,020 shares. Caribbean Flavours declined by 4 cents to finish at $14.95 with 18 stock units changing hands, Caribbean Producers lost 3 cents to close at $2.40 in an exchange of 92,418 units, Derrimon Trading ended 24 cents higher at $2.77 with investors transferring 20,100 shares. Everything Fresh rose 11 cents to finish at 72 cents with 11,918 stocks trading, Express Catering fell 2 cents to settle at $3.50 with investors switching ownership of 19,400 units. Fontana gained 7 cents to close at $4.88 with 94,240 units changing hands, Fosrich declined by 5 cents to end at $3.75 in the exchange of 859 shares, General Accident carved out a loss of 30 cents in trading 18,289 stocks to settle at $6.70. Honey Bun lost 1 cent to close at $5.09 with investors transferring 16,364 shares, iCreate advanced 4 cents to finish at 67 cents with an exchange of 46,450 units, Indies Pharma dropped 30 cents to end at $2.50 with 350,453 shares traded. 
Jetcon Corporation gained 4 cents to settle at 86 cents with 11,030 shares changing hands, Knutsford Express rose 9 cents to close at $6.90 in the exchange of 17,718 stock units, Lasco Distributors slipped 2 cents to $3.24 with investors transferring 6,165 units. Lasco Financial fell 13 cents to settle at $2.16 with 50,561 shares traded, Lasco Manufacturing shed 28 cents to finish at $3.61 with 4,089 stock units changing hands, Limners and Bards gained 5 cents to close at $2.74 with an exchange of 28,282 stock units. Lumber Depot increased by 8 cents to end at $1.05 with investors transferring 32,270 stocks, Mailpac Group advanced by 3 cents and traded 293,441 shares to close at $2.03, Main Event climbed 47 cents to end at $3.97 with 100 units changing hands. Medical Disposables declined by 5 cents to close at $4.90 in an exchange of 23,650 stock units, Stationery and Office Supplies gained 18 cents to finish at $5.79 trading 100 stocks and tTech rose 16 cents to close at $5.50 with 200 stocks crossing the exchange.
At the close of the market, trading ended with four securities changing hands compared to seven on Thursday and ended with the prices of one stock rising, two declining and one remaining unchanged.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows two stocks ended with bids higher than their last selling prices and none with a lower offer.
