The Jamaica Stock Exchange Main Market ended trading on Thursday, with the market declining after more stocks fell than rose after an exchange of slightly more shares trading than on Wednesday.
At the close, the All Jamaican Composite Index dropped 3,759.27 points to 408,204.70, the Main Index declined by 3,387.45 points to 372,540.50 and the JSE Financial Index shed 1.45 points to settle at 96.90.
Trading ended with 43 securities changing hands compared to 44 on Wednesday, closing with the prices of 15 stocks rising, 18 declining and 10 remaining unchanged. The average PE Ratio stands at 15.6 based on the ICInsider.com forecast of 2020-21 earnings.
The market closed with an exchange of 16,233,483 shares for $54,575,343 compared to 15,544,884 units at $85,008,558 on Wednesday. Transjamaican Highway led trading with 66.6 percent of the total volume of 10.82 million shares, followed by Wigton Windfarm with 13 percent or 2.12 million units of the day’s trade and Sagicor Select Financial Fund with 8.6 percent market share or 1.40 million units.
Trading ended with an average of 377,523 units changing hands at $1,269,194 compared to an average of 353,293 shares at $1,932,013 on Wednesday. The average trade for October to date ended at 407,163 units at $4,757,020, in contrast to 408,707 units at $4,938,583 on Wednesday and exceeds by a good margin September’s average of 265,170 units at $3,271,625.
At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows nine stocks ending with bids higher than their last selling prices and one with lower offers.
At the close of the market, Barita Investments dropped $3.53 to settle at $82.47, after trading 49,433 shares, Caribbean Cement gained 50 cents to close at $57.50, with 19,412 stock units passing through the market, Eppley shed 95 cents exchanging 650 units to close at $19. First Rock Capital lost 39 cents to end at $12.50, with 2,422 units crossing the market, Jamaica Producers rose $1 to $20.60, after an exchange of 24,024 stock units, Jamaica Stock Exchange lost 49 cents to settle at $17.51, in trading 12,358 stock units. 
JMMB Group gained 47 cents in closing at $29.52, with 45,973 shares changing hands, Kingston Properties advanced by $1.10 to $7.45, in transferring 520 units, Kingston Wharves climbed $3.27 to $47.90, with 3,487 units passing through the market. Mayberry Jamaican Equities carved out a gain of $1.64 after crossing the market with 1,525 units to settle at $8.24, MPC Caribbean Clean Energy gained $9 and closed at $157, with 1,090 units clearing the market, Palace Amusement declined by $4 in closing at $1,485 while trading 12 units. Pan Jam Investment dipped $1.50 to $63.50, with investors switching ownership of 9,284 stock units, Sagicor Group declined by $2.40 to $44.10, in an exchange of 22,788 stock units, Scotia Group gained 70 cents to settle at $46, with 2,115 units changing hands. Seprod climbed $4.50 to $62.50, with an exchange of 144,155 shares and Wisynco Group ended at $15.96, with gains of 35 cents after crossing the market with 136,098 shares.
In the preference segment, Eppley 7.50% preference share gained 97 cents to settle at $7, with an exchange of 150 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
