Stocks regained some of the ground lost in Monday’s trading when the market closed on Tuesday after an exchange of 65 percent fewer shares at 23 percent less value than on Monday at the close of the Jamaica Stock Exchange Main Market with more stocks rising than falling
At the close, the All Jamaican Composite Index advanced by 793.87 points to 419,405.38 and the Main Index rose 732.08 points to 382,649.18, and the JSE Financial Index gained 0.60 points to settle at 98.30.
Trading ended with 46 securities changing hands compared to 48 on Monday and closed with prices of 18 stocks rising, 12 declining and 16 remaining unchanged. The PE Ratio closed with an average of 16.5 based on ICInsider.com forecast of 2020-21 earnings.
The market closed with 11,593,159 shares traded for $63,685,850 down from 32,802,782 units at $83,157,380 on Monday. Sagicor Select Financial Fund led trading with 18.3 percent of total volume after an exchange of 2.13 million shares followed by Wigton Windfarm with 16.4 percent for 1.90 million units, QWI Investments accounted for 16.2 percent with 1.88 million units, Carreras with 13.7 percent for 1.59 million units. Transjamaican Highway ended with 12.7 percent for 1.47 million units and Pulse Investments with a 9.2 percent market share for 1.07 million units.
Trading averaged 252,025 units at $1,384,475 for each security, compared to an average of 683,391 shares at $1,732,445 on Monday. The month to date averaged 328,085 units at $1,225,912, in contrast to 333,020 units at $1,215,624 on Monday. Trading in December averaged 455,206 units at $7,774,631.
Investor’s Choice bid-offer indicator reading has eight stocks ending with bids higher than their last selling prices and six with lower offers.
At the close of the market, Eppley slipped 70 cents to $23, trading 11,150 shares, Grace Kennedy closed 38 cents lower at $67.60 with an exchange of 47,497 stock units, Jamaica Broilers rose $1.06 to $29.11, with 355 shares clearing the market. JMMB Group climbed $1.04 to $33 after 463,646 units crossed the market with, Key Insurance lost 40 cents to end at $6.30, in exchanging 49,080 stock units. Mayberry Jamaican Equities gained 81 cents to finish at $7.14 after 74,800 shares cleared the market, MPC Caribbean Clean Energy advanced by $14 to $156 trading 25 stock units, NCB Financial slid $1.50 to $136, transferring 24,191 units. 138 Student Living shed 45 cents to end at $4, after exchanging 500 stocks, Pan Jam Investment gained 50 cents to close at $66, in an exchange of 2,349 shares, Portland JSX declined $1.25 to $7.10, with 1,000 units crossing the market, Pulse Investments gained 27 cents to $4.80 in exchanging 1,067,423 shares. 
Sagicor Group rose 85 cents to $47.50, with 156,219 units crossing the market, Sagicor Real Estate Fund gained 70 cents to close at $8.95 trading 500 stocks, Salada Foods fell $3 to $33, with 966 stock units changing hands. Scotia Group fell 50 cents to $44 after the transferring of 20,375 units and Sygnus Credit Investments closed at $16.10, with a loss of $1.80 136,520 stock units changing hands.
In the preference segment, Eppley 8.75% preference share rose 49 cents to $7 trading 55 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
