The Jamaica Stock Exchange Main Market ended trading on Wednesday with the market declining after more stocks fell than rose as investors exchanged 51 percent fewer shares than on Tuesday.
At the close, the All Jamaican Composite Index fell by 1,979.75 points to 425,569.16, the Main Index dropped 1,835.84 points to 388,248.59 and the JSE Financial Index dipped 0.54 points to 98.79.
Trading ended with 47 active securities, up from 45 on Tuesday and closed with prices of 16 stocks rising, 18 declining and 13 closing unchanged. The PE Ratio closed with an average of 16.7 based on ICInsider.com forecast of 2020-21 earnings.
The market closed with trading of 9,831,136 shares for $72,026,838 compared to 19,931,036 units at $67,469,926 on Tuesday. Wigton Windfarm led trading with 22 percent of total volume, after exchanging 2.16 million shares followed by Pulse Investments with 18.9 percent for 1.86 million units. QWI Investments ended with 14.7 percent for 1.45 million units after trading at an intraday 52 weeks’ high of 99 cents and Transjamaican Highway with 11.8 percent of the day’s trade for 1.16 million units.
Trading for the day averaged 209,173 units at $1,532,486, compared to 442,912 shares at $1,499,332 on Tuesday. 
The month to date averaged 498,459 units at $2,982,324 or each security, in contrast to 649,530 units at $3,739,461 on the prior trading day. Trading in January averaged 311,275 units at $1,432, 133.
Investor’s Choice bid-offer indicator reading has nine stocks ending with bids higher than their last selling prices and three with lower offers.
At the close of the market, Eppley shed 63 cents to end at $22.12, in exchanging 1,337 shares, First Rock Capital gained 51 cents to close at $13.21, with 24,949 units crossing the exchange, Grace Kennedy slipped 31 cents to $74.60 trading 116,636 shares, having traded at an intraday 52 weeks’ high of $77.47. Jamaica Broilers fell by $4 to $26, with 892,635 stock units changing hands, Jamaica Producers gained 40 cents to close at $20, with 1,285 stocks crossing the market, Jamaica Stock Exchange advanced by $1.80 to $19, in switching ownership of 22,367 stock units. JMMB Group fell $1.60 to $32, with an exchange of 116,860 units, Kingston Wharves rose $1.20 to $46.50, in trading 3,234 shares, Mayberry Jamaican Equities advanced by $1.08 to $7.50, in exchanging 72,000 stock units. MPC Caribbean Clean Energy finished $8 lower at $137 trading 12 shares, NCB Financial Group rose $1 to $137, with 7,146 shares changing hands, Palace Amusement dropped $200 to end at 52 weeks’ low of $850, after an exchange of 24 shares.
Pan Jam Investment fell by $1 to $64, in switching ownership of 821 units, Pulse Investments lost 28 cents at $4.70, with an exchange of 1,857,207 stock units, Sagicor Group declined by $3 to $49, with 61,577 shares crossing the market. Sagicor Real Estate Fund gained 25 cents to close at $8.25, with a transfer of 3,826 stocks. Salada Foods advanced by $5.75 to end at a 52 weeks’ high of $42.75, in switching ownership of 17,465 units. Seprod climbed $2.98 to $73.50, with an exchange of 9,932 units, Stanley Motta gained 29 cents to end at $5.35 trading 1,000 shares and Wisynco Group rose 30 cents to $16.55, with the swapping of 521,881 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
