Stocks recorded gains for a third day on the Jamaica Stock Exchange Main Market at the end of trading on Monday, with the market rising after an exchange of 170 percent more shares than on Thursday.
At the close, the All Jamaican Composite Index carved out a gain of 379.52 points to settle at 429,860.21, the Main Index rose 402.18 points to settle at 392,304.01 and the JSE Financial Index inched 0.29 points to settle at 102.46.
Trading ended with 47 securities changing hands compared to 44 on Thursday with prices of 18 stocks rising, 13 declining and 16 remaining unchanged. The PE Ratio closed with an average of 16.9 based on ICInsider.com’s forecast of 2020-21 earnings.
Investors exchanged 50,531,916 shares for $293,507,250 compared to 18,744,767 units at $218,336,612 on Thursday. Wigton Windfarm led trading in accounting for 57.7 percent of total volume with 29.16 million shares, followed by Sagicor Real Estate Fund with 23.8 percent after trading 12.01 million units. Transjamaican Highway controlled 5.8 percent of the day’s volume, with 2.95 million units, Grace Kennedy 2.4 percent with 1.19 million units and Scotia Group with 2.3 percent market share after an exchange of 1.15 million shares.
Trading for the day averaged 1,075,147 units at $6,244,835 for each security, compared to an average of 426,017 shares at $4,962,196 on Thursday. Trading month to date averaged 414,481 units at $6,809,746 for each security, in contrast to 375,716 units at $6,842,893 on the prior trading day. November trading averaged 623,120 units at $6,686,047.
Investor’s Choice bid-offer indicator reading has nine stocks ending with bids higher than their last selling prices and four with lower offers.
At the close of trading, Caribbean Cement gained $1.55 in closing at $61.55 in an exchange of 4,053 shares, Eppley shed $2.95 to $25.05 in an exchange of 9,999 stock units, First Rock Capital carved out a loss of 30 cents to settle at $12.55 in exchanging 5,600 units. Grace Kennedy lost $1.11 to settle at $61 after 1,192,625 shares crossed the market, Jamaica Broilers advanced 90 cents to $29.90 with investors swapping 5,845 stock units, Jamaica Producers rose 50 cents to $21 after trading 5,723 shares. 
JMMB Group shed 50 cents to end at $33.50 with investors swapping 26,573 units, NCB Financial gained $2.50 to close at $144 in switching ownership of 2,977 stock units, PanJam Investment rose $2.65 to $68.15 4,878 units changing hands. Sagicor Group advanced 99 cents to $49.99 after 580,544 shares cleared the market, Salada Foods dropped $5.84 to close at $23.15 trading 1,000 units, Supreme Ventures declined by 37 cents to $17.50 after 19,428 stock units crossed the exchange. Victoria Mutual Investments climbed 35 cents to close at $6 with an exchange of 643,937 stocks and Wisynco Group rose 50 cents to $16.30, with 259,786 shares crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.