The market index jumped sharply on the Jamaica Stock Exchange Main Market on Monday, with the usual month-end rally market, after an equal number of stocks recorded gains and losses as 60 percent fewer shares changed hands than Friday, with a 51 percent lower value.
At the close, the All Jamaican Composite Index climbed 4,681.28 points to 405,730.79, the Main Index bounced 4,232.34 points to end at 370,282.72 and the JSE Financial Index gained 1.36 points to close at 97.69.
Trading ended with 38 securities changing hands compared to 42 companies on Friday with the prices of 16 stocks rising, 15 declining and six remaining unchanged. The average PE Ratio of the market ended at 15.5 based on IC Insider.com forecast of 2020-21 earnings.
The market closed with an exchange of 24,003,466 shares for $161,278,819 compared to 59,567,739 units at $313,340,083 on Friday. Transjamaican Highway led trading with 13.5 million shares for 56.2 percent of total volume, followed Wigton Windfarm with 7.06 million units for 29.4 percent of the day’s trade and NCB Financial Group with 637,827 units for 2.7 percent market share.
Trading ended with an average of 631,670 units changing hands for the day at $4,244,179 for each security, in comparison to an average of 1,418,280 shares for $7,460,478, Friday. 
The average trade for the month to date ended at 497,441 units at $3,201,934 for each security, in contrast to 491,213 units at $3,153,576. Trading for the month to date is well ahead of July, which closed with an average of 392,128 shares for $2,444,356.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows 11 stocks ending with bids higher than their last selling prices and three with lower offers.
At the close of the market, Caribbean Cement gained $3 to end at $47 with investors trading 4,333 stock units, Eppley closed at a record $24, after gaining $2 in exchanging 183,636 shares, First Rock Capital fell $1.49 to $12 trading 12,668 stock units. Jamaica Broilers Group finished $1 higher at $25 in transferring 158,552 shares, Jamaica Producers Group shed 70 cents to close at $20.30, exchanging 182,763 shares, Jamaica Stock Exchange climbed $1.71 to settle at $20.99, with 216,095 shares crossing the market. JMMB Group gained 97 cents to end at $30.50 in trading 25,598 stock units,
Key Insurance lost 39 cents to settle at $7.21, with 8,947 units changing hands, NCB Financial Group carved out a gain of $2 to close at $140 with investors swapping 637,827 shares. PanJam Investment advanced $5.90 to $71, after exchanging 5,950 stock units, Proven Investments rose $1.99 to settle at $37.99, in 2,802 units changing hands. Sagicor Group finished $2.42 higher at $46.42, with an exchange of 275,545 shares, Scotia Group climbed $3.49 to $50.49, in exchanging 29,922 stock units, Seprod shed $1.50 to close at $53.50, having traded 15,713 stock units. Sygnus Credit Investments rose 35 cents to close at $15.35 with 128,320 shares passing through the market and Wisynco Group lost 50 cents to close at $16 and 200,997 shares changing hands.
In the preference segment of the main market, Productive Business Solutions 9.75% preference share fell $12 to close at $95 after exchanging just one stock unit.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
