JSE majors inched higher stocks trading on Monday led the market to close, with moderate gains in the market indices after advancing stocks exceeded declining ones and the value falling 54 percent after an exchange of 59 percent more shares than on Friday on the Jamaica Stock Exchange Main Market.
The All Jamaican Composite Index rose 112.20 points to 434,066.88, the Main Index rose 101.54 points to 395,838.08 and the JSE Financial Index gained 0.25 points to settle at 99.77.
Investors traded 45 securities, the same as on Friday and closed with 23 stocks rising, 14 declining and eight remaining unchanged. The PE Ratio averages 19.4 based on ICInsider.com’s forecast of 2020-21 earnings.
Trading ended with 14,493,061 shares for $80,703,499 versus 9,088,136 units at $177,253,367 on Friday. Wigton Windfarm led trading with 53.9 percent of total volume, after exchanging 7.8 million shares followed by Sagicor Select Financial Fund with 11.2 percent for 1.62 million units, Transjamaican Highway with 7.8 percent market share for 1.14 million units and Jamaica Broilers with 7.6 percent for 1.1 million units changing hands.
Trading for the day averaged 322,068 units at $1,793,411 for each security, compared to an average of 201,959 shares at $3,938,964 on Friday. Month to date trading averaged 306,738 units at $2,135,919, in contrast to 303,713 units at $2,203,520 on Friday. February closed with an average of 419,015 units at $2,509,660.
Investor’s Choice bid-offer indicator reading has eight stocks ending with bids higher than their last selling prices and six with lower offers.
At the close, Berger Paints rose 50 cents to $13.50 with 2,538 stocks crossing the market, Caribbean Cement dipped 33 cents to $66 trading 133,772 shares, Eppley gained 25 cents in closing at $28.25, with 3,778 units crossing the market. Grace Kennedy finished 50 cents higher at $89 in exchanging 37,410 stocks, Jamaica Broilers fell $1 in closing at $30 after a transfer of 1,099,818 shares, Jamaica Producers gained 30 cents to end at $20.30, with 64,500 stock units changing hands. Jamaica Stock Exchange shed 86 cents to close at $18 with an exchange of 44,097 stocks, Kingston Properties rose 50 cents to $7.25 with the swapping of 5,577 stock units. Kingston Wharves shed 50 cents to end at $44.50 in an exchange of 6,394 units, Mayberry Investments lost 30 cents in closing at $5.50, with 20,400 shares crossing the market. NCB Financial closed $1 lower at $140 trading 25,021 stocks, Palace Amusement climbed $78.28 to $880, with 284 shares changing hands, PanJam Investment dropped $5 to close at $63 trading 19,308 stock units. 
Proven Investments rose 65 cents to $34.56, with the swapping of 138,367 shares, Salada Foods ended 50 cents higher at $44.50 after transferring 25,275 units. Scotia Group advanced 99 cents to $43.99 in exchanging 789 stocks, Seprod rose $1.81 to end at $70 trading 3,703 units and Sterling Investments gained 24 cents to close at $3.01 in switching ownership of 181 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise.