The market lost more grounds at the close of trading for a second consecutive day on Tuesday, ending with more stocks declining than advancing, with the value of traded stocks climbing 114 percent after 29 percent more shares traded than on Monday on the Jamaica Stock Exchange Main Market.
At the close, the All Jamaican Composite Index dropped 2,156.19 points to 429,732.69, the JSE Main Index declined 1,972.46 points to 391,704.70 and the JSE Financial Index lost 0.57 points to 98.35.
A total 50 securities traded up from 48 on Monday and closed with 12 stocks rising, 22 declining and 16 remaining unchanged. The PE Ratio averages 19.5 based on ICInsider.com’s forecast of 2020-21 earnings.
Traders exchanged 10,353,699 shares for $101,569,397, up from 8,031,792 units at $47,508,810 on Monday. Wigton Windfarm led trading with 19.9 percent of total volume for 2.06 million shares, followed by Transjamaican Highway 18.3 percent, with 1.89 million units, Ciboney with 17.4 percent for 1.80 million units and QWI Investments with 13.6 percent for 1.41 million units changing hands.
Trading for the day averaged 207,074 units at $2,031,388, compared to 167,329 shares at $989,767 on Monday. Trading month to date averaged 241,646 units at $2,141,408, in contrast to 244,001 units at $ 2,148,902 on Monday. February closed with an average of 419,015 units at $2,509,660.
Investor’s Choice bid-offer indicator reading has eight stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, Caribbean Cement dropped $5.50 to close at $64.50 with 531,292 shares changing hands, Eppley gained $2.60 to $32.73 trading 4,342 stocks, Eppley Caribbean Property Fund fell $1.49 to end at $40.50 after exchanging 9,365 units. First Rock Capital lost 30 cents to settle at $16.70, with 13,941 stock units clearing the market, Grace Kennedy rose $1.52 in closing at $88.50 in transferring 232,611 shares, Jamaica Broilers shed 50 cents to finish at $29.30 with the swapping of 99,686 units. Jamaica Producers gained 20 cents to close at $22 after exchanging 286 stock units, JMMB Group gained 28 cents to end at $32.88 with 62,422 shares changing hands. 
Mayberry Investments closed 46 cents higher at $5.63 in switching ownership of 2,770 stocks, MPC Caribbean Clean Energy rose $1 to close at $140 after clearing the market with 500 stock units. NCB Financial lost $2 in closing at $140 with the trading of 43,359 units, Palace Amusement climbed $29 to $699 after exchanging 52 shares, PanJam Investment shed 30 cents to settle at $63.70 with 1,670 units changing hands and Seprod fell $1.05 to $70 in an exchange of 32,241 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
