The Jamaica Stock Exchange Main Market suffered more losses on Tuesday, bringing the loss for the Composite Index to 23,892 points in three days, with a fall of 9.6 percent since the start of the year and 13 percent from the peak of 584,697.71 on August 8, last year.
The JSE All Jamaican Composite Index declined by 5,335.20 points to close at 505,830.27, the JSE Market Index dropped 4,832.90 points to 460,484.22 and the JSE Financial Index lost 1.47 points to 124.12.
The market closed with 41 securities changing hands in the Main and US dollar markets with the prices of eight advancing, 29 declining and four trading firm. The JSE Main Market activity ended with 40 securities accounting for 29,204,863 units valued at $241,250,895 in contrast to 29,930,856 units valued at $203,577,617 from 39 securities on Tuesday.
Sagicor Select Financial Fund dominated trading with 14.1 million shares for 48.4 percent of total volume, followed by Wigton Windfarm with 6.1 million units for 21 percent of the day’s trade and Wisynco Group with 2.1 million units for 7.2 percent of the market’s volume.
The Market closed with an average of 730,122 units valued at an average of $6,031,272 for each security traded, in contrast to 767,458 units valued at an average of $5,219,939 on Tuesday. The average volume and value for the month to date amount to 760,443 units valued at $4,858,004 for each security changing hands compared to 775,604 units valued at $4,172,370 for each security traded. 
Trading in February resulted in an average of 624,731 units valued at $3,239,665 for each security.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows nine stocks ending with bids higher than their last selling prices and six closing with lower offers. The PE ratio of the market ended at 17.5, while the Main Market ended at 16.8 times the 2019 earnings.
In the prime market, Barita Investments declined by $2 to $66, in an exchange of 53,555 shares, Berger Paints shed $1 to finish at $14, with 4,919 units changing hands, Caribbean Cement closed $2 higher to end at $67, in transferring 42,598 shares. Carreras lost 40 cents to close at $7.50 after trading 65,364 units, Eppley dropped $4.45 to $13.05 after swapping 4,900 units, First Rock Capital gained 65 cents to settle at $9.90, with an exchange of 35,770 shares. Grace Kennedy ended 92 cents lower at $67, after transferring 38,824 shares, Jamaica Broilers lost $2.40 trading 225,276 stock units to finish at $32.10, JMMB Group fell $3.27 to $39.01 after moving 756,324 shares through the market, Kingston Wharves closed $3 lower at $50, with 99,590 shares crossing the market. Mayberry Investments gained 40 cents to end at $8, in exchanging 232,702 units, Mayberry Jamaican Equities finished at $9.77, with a loss of $1.23 in transferring 16,027 shares. MPC Caribbean Clean Energy climbed $16.99 to $147, after trading a mere 100 units, NCB Financial tumbled $11.45 to 52 weeks’ low $170.55 and transferring 106,868 shares, 138 Student Living lost 62 cents to end at $6.50, with 13,800 units changing hands. PanJam Investment closed $1 lower to $98, in swapping 8,112 shares, Proven Investments shed $3.50 to end at $41, with an exchange of 8,284 shares, Pulse Investments lost $1 to close at $10, with 51,559 shares changing hands. 
Sagicor Group dropped $3.90 to end at $61.10, with an exchange of 1,136,646 shares, Salada Foods closed at $34, with a loss of $1 trading 1,592 shares. Scotia Group ended at $52.50, after losing $1.51 transferring 179,479 shares, Seprod declined by $4.34 after exchanging 24,220 units and closed at $47.07, Supreme Ventures lost $1.35 to end at $21, in swapping 58,263 shares. Sygnus Credit Investments closed at $23.80, with a loss of 70 cents trading 43,363 stock units, Victoria Mutual Investments lost 50 cents to end at $8, with 669,559 shares changing hands and Wisynco Group shed 45 cents to settle at $22.45, in transferring 2,114,845 shares.
Trading in the US dollar market ended with 6,641 units valued at over US$498. The market slipped 1.89 points to close at 218.90 as First Rock Capital lost 0.5 cents, trading 6,641 units to end at the lowest level of 7.5 US cents since listing in late February.
Prices of securities trading for the day are those at which the last trade took place.
