Trading on the Main Market of Jamaica Stock Exchange sank on Tuesday as fewer securities changed hands with a much lower with the average volume being just 31 percent that on Monday.
At the close, the JSE All Jamaican Composite Index advanced 1,805.60 points to 399,034.14, the JSE Market Index gained 1,535.01 points to end at 363,775.87 and the JSE Financial Index lost 0.05 points to 97.36.
The market closed with 41 securities changing hands in the Main and US dollar markets with prices of 12 stocks advancing, 22 declining and seven securities trading firm. The JSE Main Market activity ended with 38 securities accounting for 8,751,199 units valued at a low $77,299,031, in contrast to 29,595,732 units valued at $155,534,212 from 40 securities on Monday.
Trans Jamaican Highway led trading with 3.3 million shares for 37.5 percent of total volume followed by Sagicor Select Financial Fund with 860,185 units for 10 percent of the day’s trade and Wigton Windfarm with 756,266 units for 8.6 percent market share.
The Market closed with an average of 230,295 units at $2,034,185 for each security traded, in contrast to 739,893 units valued at an average of $3,888,355 on Monday. The average volume and value for the month to date amount to 375,605 units valued at $2,531,754 for each security changing hands, compared to 443,776 units with an average cost of $2,765,181.
Trading in April resulted in an average of 1,077,021 units valued at $3,829,201 for each security.
IC bid-offer Indicator│ At the end of trading, the Investor’s Choice bid-offer indicator reading shows twelve stocks ending with bids higher than their last selling prices and six stocks closing with lower offers. The PE ratio of the market ended at 13.9, while the Main Market ended at 14.1 times 2020-21 earnings.
In the Main Market, Barita Investments gained 40 cents trading 86,170 shares to close at $52 after the stock traded down to $45 during the day. Eppley transferred 58,856 shares at $11, after losing $1, Eppley Caribbean Property Fund ended $1.50 lower at $34, with 120 units changing hands. Jamaica Broilers lost $1 to close at $24, with the swapping of 27,887 stock units, Jamaica Stock Exchange climbed $1.10 to $21.60, in an exchange of 64,146 shares, Key Insurance shed 35 cents to settle at $8.10, with 302,746 shares crossing the exchange. 
NCB Financial Group sustained a loss of $7.50 to close at $135, after transferring 140,023 shares, 138 Student Living closed 69 cents lower to $6.31, in swapping 250 units, PanJam Investment picked up $1 to end at $77.50 trading 13,244 stock units. Sagicor Group ended at $46.50, with gains of $1.50 exchanging 316,045 shares, Salada Foods tumbled $4 to $24.50, after trading a mere one stock unit, Seprod advanced $2.40 to $46.40, with an exchange of 17,376 stock units. Stanley Motta fell by 60 cents to $4.70, in transferring 9,346 units, Supreme Ventures ended 90 cents lower at $15.50, after swapping 187,479 shares, Sygnus Credit Investments closed at $15.20, with a loss of 80 cents exchanging 103,586 shares and Wisynco Group lost 40 cents trading 168,450 shares to finish at $17.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
