Trading activities were relatively stable on the Jamaica Stock Exchange on Friday with the value of stocks trading being modest and the market indices shedding minute amount of points as the market ended the week with a fall in the all Jamaica Composite index by 3,186 points.
At the close, the JSE All Jamaican Composite Index declined by 101.01 points to 417,661.84, the JSE Market Index shed 15.45 points to 380,836.95 and the JSE Financial Index lost 0.19 points to 99.60. The PE ratio of the market ended at 14.8, while the Main Market ended at 15.1 times 2020-21 earnings.
The market closed with 43 securities changing hands in the Main and US dollar markets with prices of 19 stocks advancing, 16 declining and eight securities trading firm. The JSE Main Market activity ended with 37 securities accounting for 13,579,954 units valued at $104,517,041, in contrast to 9,959,063 units valued at $43,386,539 from 47 securities on Thursday.
Trans Jamaican Highway led trading with 4 million shares for 29.7 percent of total volume, followed by Carreras with 2.5 million units for 18 percent of the day’s trade and Wigton Windfarm with 2.4 million units for 17.4 percent market share. QWI Investments was the only other security with more than one million units, ending the day with 1.2 million shares changing hands.
The average security trading on Friday amounted to 367,026 units valued at $2,824,785, in contrast to 211,895 units at an average of $923,118 on Thursday. The average volume and value for the month to date amount to 462,352 units valued at $6,245,434 for each security changing hands, compared to 594,225 units with an average of $6,972,813. Trading in May resulted in an average of 475,543 units valued at $3,077,280 for each security.
IC bid-offer Indicator│ At the end of trading, the Investor’s Choice bid-offer indicator reading shows eleven stocks ending with bids higher than their last selling prices and eight stocks closing with lower offers.
In the Main Market, Caribbean Cement lost 50 cents to end at $50, with an exchange of 6,478 units, Eppley Caribbean Property Fund climbed $2.36 higher to $39.35 trading a mere one stock unit, First Rock Capital added $1.40 to settle at $16.39, with 19,477 units changing hands. Jamaica Producers advanced by $2 to $22, in transferring 1,802 units, Key Insurance picked up 40 cents in trading 1,003 units at $5.18, 
Kingston Wharves fell $2.20 to $55.79, with 3,000 units crossing the market. Mayberry Jamaican Investments gained 50 cents transferring 5,500 units in settling at $10.50, NCB Financial Group closed $2 higher at $147, with 74,083 shares crossing the exchange, Palace Amusement jumped $450 to $1,700, after exchanging only 2 stock units. Proven Investments shed 85 cents to end at $33, in swapping 22,693 units, Sagicor Group lost 49 cents trading 373,568 shares and closed at $45.50, Sagicor Real Estate Fund gained 75 cents in transferring 24,861 units in settling at $7.75. Seprod closed 30 cents higher at $54.80, with 23,473 units changing hands and Sygnus Credit Investments ended at $16, with a loss of $1.40 after trading 48,957 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
