Market activity on Tuesday, ended with the volume of shares trading declining as the value of stocks changing hands dropped 52 percent lower than Monday at the close of the Jamaica Stock Exchange Main Market and ended with declining stocks exceeding those that rose.
The All Jamaican Composite Index plunged 5,072.14 points to close at 438,376.71, the JSE Main Index dived 3,923.09 points to end at 396,397.70 and the JSE Financial Index declined 1.00 points to settle at 97.34.
Trading ended with 55 securities compared to 56 on Monday, with 18 rising, 21 declining and 16 ending unchanged.
The PE Ratio, a formula for computing appropriate stock values, averages 16.3. The PE ratio for the JSE Main and USD Market closing quotes are based on ICInsider.com earnings forecasts for companies with financial years ending up to August 2022.
A total of 8,445,006 shares changing hands for $45,087,324 versus 9,374,442 units at $93,370,734 on Monday. Wigton Windfarm led trading with 2.32 million shares for 27.5 percent of total volume followed by Transjamaican Highway with 2.05 million units for 24.3 percent of the day’s trade and Sagicor Select Financial Fund with 1.56 million units for 18.5 percent market share.
Trading averages 153,546 shares at $819,770, down from 167,401 sunits at $1,667,335 on Monday and month to date, an average of 160,536 units at $1,247,370. Trading in December closed with an average of 479,143 units at $6,686,322.
Investor’s Choice bid-offer indicator shows ten stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Barita Investments fell $3.70 to $93 with the swapping of 65,587 shares, Berger Paints declined 90 cents to end at $12.50, with an exchange 0f 9,767 stocks, Caribbean Cement dropped 85 cents in closing at $72.10, after 10,567 stock units crossed the market. Guardian Holdings gained $4.80 in ending at $523.50 trading 343 units, Jamaica Producers rallied 88 cents to close at $23 in trading 83,629 shares, Jamaica Stock Exchange shed 71 cents to $16.50 in exchanging 89,355 stocks. Kingston Properties increased 74 cents to $9.74 with 1,000 units changing hands, Kingston Wharves fell 45 cents to close at $43 after 609 stock units crossed the market, Mayberry Investments advanced 75 cents in ending at $7.95 after exchanging 500 shares. 
MPC Caribbean Clean Energy popped $15 in closing at $115 in an exchange of 1,347 stock units, Palace Amusement shed $75 in ending at $975 while exchanging 40 stocks, Portland JSX climbed 58 cents to end at $7.50, with 5,865 units changing hands. Scotia Group slipped 50 cents to $35 trading 44,961 units, Stanley Motta fell 84 cents in closing at $5.11 with an exchange of 1,000 shares, Sygnus Real Estate Finance rose $2.49 to $18 in switching ownership of 1,329 stock units and Wisynco Group rallied 30 cents to $17.80 after exchanging 252,736 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Correction for JSE Main Market
January 4, 2022 by IC Insider.com
Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: 138 Student Living, Barita Investments, Berger Paints, Caribbean Cement, Carreras, Community & Workers Credit Union, Daily Trading, Emerging markets, Eppley, Eppley Caribbean Property Fund, First Rock Capital, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Key Insurance, Kingston Properties, Kingston Wharves, Mayberry Investments, Mayberry Jamaica Equities, NCB Financial, PANJAM Investment, Portland JSX, Proven Investments, QWI Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Sagicor Select Fund, Salada Foods, Scotia Group, Seprod, Stanley Motta, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Transjamaican Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group
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