Trading ended with a robust rebound in the market indices on Tuesday after rising stocks outnumbered declining ones on the Jamaica Stock Exchange Main Market, but the volume and values fell sharply from Monday’s levels by 48 and 75 percent respectively.
At the close, the All Jamaican Composite Index jumped 4,248.43 points to 427,548.91 the Main Index climbed 3,864.20 points to 390,084.43 and the JSE Financial Index rose 0.84 points to settle at 99.33.
Trading ended with 45 securities changing hands, the same as on Monday and closed with prices of 21 stocks rising, 15 declining and nine remaining unchanged. The PE Ratio closed with an average of 16.6 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 19,931,036 shares for $67,469,926 compared to 38,526,662 units at $269,081,586 on Monday. Wigton Windfarm led trading with 56.5 percent of total volume, after an exchange of 11.26 million shares followed by Pulse Investments with 16.2 percent for 3.23 million units, Transjamaican Highway with 9.2 percent for 1.83 million units and QWI Investments with six percent market share for 1.20 million units changing hands.
Trading for the day averaged 442,912 units at $1,499,332 for each security, down from 856,148 shares at $5,979,591 on Monday. The month to date averaged 649,530 units at $3,739,461. Trading in January averaged 311,275 units at $1,432,133.
Investor’s Choice bid-offer indicator reading has 13 stocks ending with bids higher than their last selling prices and two with lower offers.
At the close of trading, Eppley rose 75 cents to $22.75, with 3,978 shares changing hands, Eppley Caribbean Property Fund advanced by $5.75 to $46.80 after exchanging 100 units, First Rock Capital slipped 30 cents to $12.70, with 8,940 shares crossing the market. Jamaica Broilers rose 80 cents to $30, after trading 32,869 stock units, Jamaica Stock Exchange lost $1.30 to close at $17.20, in transferring 24,505 shares, JMMB Group gained $2.46 to close at $33.60, while exchanging 137,098 units, Kingston Wharves gained 30 cents in closing at $45.30 and trading 765 stock units. Mayberry Investments ended 30 cents higher at $5.60, with 39,592 stocks changing hands, Palace Amusement climbed $100 to close at $1,050 while exchanging 5 units, PanJam Investment rose $1 to $65 trading 1,219 stocks. 
Pulse Investments picked up 38 cents to end at $4.98, after an exchange of 3,233,145 shares, Salada Foods fell $1 to $37, with 48,187 shares changing hands, Scotia Group gained 78 cents to close at $43.78 in trading 7,334 stock units. Seprod jumped $6.52 to a record closing high of $70.52 after 3,980 shares crossed the market after trading at a record high of $83.99 earlier in the trading session and Supreme Ventures ended 30 cents lower at $16.70, in transferring 13,037 stocks.
In the preference segment, 138 Student Living Preference share shed 70 cents to close at $5.90, in switching ownership of 1,000 shares and Eppley 8.25% rose 90 cents to $7, after clearing the market with 371 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
