The Jamaica Stock Exchange Main Market indices regained momentum in trading on Thursday after an exchange of 23 percent more shares traded than on Wednesday but with more stocks falling than rising.
At the close, the All Jamaican Composite Index advanced by 4,980.27 points to 428,314.70, the Main Index climbed 4,490.67 points to 390,788.62 and the JSE Financial Index rose 2.00 points to settle at 102.20.
Trading ended with 46 securities changing hands compared to 44 on Wednesday and closed with the prices of 14 stocks rising, 18 declining and 14 remaining unchanged. The average PE Ratio ended at 16.5 based on ICInsider.com’s forecast of 2020-21 earnings.
Trading resulted in 5,190,810 shares changing hands for $45,639,960 compared to 4,210,405 units at $40,575,680 on Wednesday. Wigton Windfarm led trading with 29.3 percent of total volume, after exchanging 1.52 million shares followed by Transjamaican Highway with 11.5 percent for 595,299 units and Ciboney Group with 10.8 percent market share for 561,269 units after the stock traded at a 52 weeks’ high of 21 cents.
Trading for the day averaged 112,844 units at $992,173 for each security, compared to an average of 95,691 shares at $922,175 on Wednesday. The average month to date trade is 309,597 units at $4,431,412 for each security, in contrast to 339,174 units at $4,948,422 on Wednesday. November averaged 623,120 units at $6,686,047.
Investor’s Choice bid-offer indicator reading has eight stocks ending with bids higher than their last selling prices and five with lower offers.
At the close of the market, Barita Investments fell by $1.50 to close at $85, with an exchange of 6,956 units, Caribbean Cement shed $1 to settle at $56, after clearing the market with 4,063 units. Eppley Caribbean Property Fund climbed $3 to end at $43.50, in exchanging 1,071 units, Grace Kennedy shed 96 cents to close at $63.03, with the changing of ownership of 31,199 shares, Jamaica Broilers lost 45 cents to close at $28 trading 18,187 stock units. Jamaica Producers declined $1.24 to $20.50, after exchanging 28,512 shares, Jamaica Stock Exchange gained 49 cents to $18.76, with investors swapping 6,700 units, Kingston Wharves advanced by $1.80 to $48.80, with 3,308 units crossing the exchange. Mayberry Investments ended at $6, with gains of 39 cents after exchanging 35,146 shares, Mayberry Jamaican Equities rose 97 cents to close at $8.19, after crossing the exchange with 10,500 units, NCB Financial dropped $1 to $146, in trading 58,216 shares. 
138 Student Living gained 34 cents to end at $4.65, with 1,101 units trading, Palace Amusement dropped $100 in closing at $1,200, with 5 units passing through the market, Pan Jam Investment gained 39 cents to end at $64.39, with an exchange of 8,413 units. Sagicor Group fell by $2.49 to $47.01, with 32,983 shares crossing the exchange, Salada Foods shed 99 cents to close at $26.02 trading 500 units and Scotia Group declined by $2.59 to close at $41.41, in transferring 171,015 shares after the Group reported lower full-year profit than in 2019.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
