Gains for JSE Main Market Tuesday

Market activity ended on Tuesday with the volume of shares trading declining 39 percent and the value 21 percent lower than on Monday, but the Jamaica Stock Exchange Main Market recorded gains in the indices as rising stocks edged those declining.
The All Jamaican Composite Index jumped 1,731.22 points to 439,283.18, the JSE Main Index climbed 2,587.35 points to 397,380.02 and the JSE Financial Index gained 0.70 points to end at 96.12.
Similar to Monday 53 securities traded, 22 rose, 19 declined and 12 ended unchanged.
The PE Ratio, a formula for computing appropriate stock values, averages 15.7. The PE ratio for the JSE Main and USD Market closing quotes are based on earnings forecasted by ICInsider.com for companies with financial years ending between the current year and August 2022.
A total of 10,040,879 shares traded for $123,722,251 versus 16,492,088 units at $157,019,170 on Monday.
Wigton Windfarm led trading with 21.8 percent of total volume for an exchange of 2.19 million shares, followed by Transjamaican Highway with 21 percent for 2.11 million units and JMMB Group accounting for 12.5 percent after trading 1.25 million units.
Trading averaged 189,451 units at $2,334,382, compared to 311,171 shares at $2,962,626 on Monday and month to date, an average of 260,759 units at $2,483,031, compared to 267,472 units at $2,497,025 on Monday. October closed with an average of 251,350 units at $2,773,208.
Investor’s Choice bid-offer indicator shows nine stocks ending with the bids higher than their last selling prices and one with a lower offer.
At the close, Caribbean Producers shed 50 cents to close at $9.50 in trading 337,191 shares, Eppley Caribbean Property Fund rallied $2.50 to $40 with the swapping of 720 stock units, First Rock Capital gained 35 cents to finish at $10.40 with 9,195 stocks crossing the exchange. Jamaica Producers picked up 30 cents to close at $22.20, with 78,484 units clearing the market, JMMB Group advanced $1.45 to $40.45 in swapping 1,250,450 shares, Kingston Wharves rose 50 cents to $46.50 in an exchange of 10,355 units. Margaritaville popped 53 cents to $16.43 with a transfer of 11,171 shares, MPC Caribbean Clean Energy dropped $8.99 to $101.01 in trading 392 stock units, NCB Financial shed $1 in closing at $116 in exchanging 49,886 stocks. Palace Amusement climbed $24 to end at $1,024 with 563 stock units changing hands, PanJam Investment spiked $1.50 to close at $69.50 with the swapping of 7,698 shares, Proven Investments gained 49 cents to end at $33 with an exchange of 6,359 units. Sagicor Group declined $1.50 to $53 after 668,437 stocks cleared the market, Salada Foods lost 46 cents in ending at $7 in trading 815 units, Scotia Group popped $2 to $36.50 in transferring 33,791 shares. Seprod gained 45 cents in closing at $63.95 after exchanging 8,641 stock units, Supreme Ventures shed 46 cents to end at $17 in switching ownership of 161,242 units and Sygnus Credit Investments fell $1 to $16.30 with 183,314 stock units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.