JSE Main Market pulled back on Tuesday

The All Jamaican Composite Index pulled back 3,769.65 points to close at 404,247.21, the Main Index dropped 3,353.79 points to end at 368,799.22, but Jamaica Stock Exchange Main Market ended trading on Tuesday with the market still higher than the close on Friday after posting strong gains on Monday.
At the close, and the JSE Financial Index shed 0.68 points to settle at 96.56.
Trading ended with 45 securities changing hands compared to 44 on Monday and closed with the prices of 20 stocks rising, 14 declining and 11 remaining unchanged. The average PE Ratio ended at  15.3  based on the IC Insider.com forecast of 2020-21 earnings.
The market closed after trading 34 percent fewer shares than Monday, with an exchange of  10,527,397 shares for $50,333,563 compared to 15,995,307 units at  $79,703,616 on Monday. Trading was led by Stanley Motta, with 38 percent of total volume for 4 million shares, followed by Transjamaican Highway with 23.5 percent or 2.48 million units and  Sagicor Select Financial Fund 16.4 percent for 1.73 million stock units.
Trading ended with an average of 233,942 units changing hands at $1,118,524 for each security compared to an average of 363,530 shares at  $1,811,446 on Monday. The average trade for the month to date ended, with  250,331 units at  $1,500,353 for each security, in contrast to  256,184  units at $1,636,720. Trading month to date compares adversely to September’s average of  265,170 units at $3,271,625.
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 seven with lower offers.
At the close of the market, Berger Paints shed 48 cents to end at $13, with an exchange of 240 units, Eppley rose 75 cents to close at $21.75, with 453 units clearing the market,  Eppley Caribbean Property Fund climbed $1.15 to settle at $42.15, in trading 2,000 units. First Rock Capital ended at $12.12, after losing 78 cents after transferring 6,225 stock units, Jamaica Stock Exchange gained 39 cents to close at $18.89, in trading 15,493 stock units, Kingston Wharves declined by $4 to settle at $46, in an exchange of 2,085 units. Mayberry Investments rose 59 cents to $5.99 after trading 15,997 stock units, Mayberry Jamaican Equities lost 50 cents to close at $8 trading 419 shares, Pan Jam Investment shed 50 cents to settle at $69, with 3,600 units changing hands. Proven Investments advanced $4.50 to close at $40.50, with 8,687 stock units clearing the market, Sagicor Group finished at $44.11, with a loss of 89 cents after 12,417 stock units passed through the market,  Scotia Group climbed $3.47 to finish at $49.78, in trading 4,006 units Seprod rose $1 to close at $56, in exchanging 10,611 stock units, Stanley Motta gained 43 cents to end at $5.13, with 4,000,000 shares crossing the market and Sygnus Credit Investments lost 49 cents in closing at $19, with 5,376 stock units changing hands.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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