Price changes were mostly lower at the end of trading on the Jamaica Stock Exchange Main Market at the close on Wednesday, resulting in the market slipping after an exchange of 216 percent more shares than on Tuesday.
At the close, the All Jamaican Composite Index lost 18.27 points and closed at 413,014.37, the Main Index shed 21.33 points to 376,752.06, but the JSE Financial Index gained 0.17 points to settle at 98.33.
A total of 43 securities traded compared to 39 on Tuesday, with 14 stocks rising, 20 declining and nine remaining unchanged. The average PE Ratio ended at 15.4 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 24,745,227 shares for $212,755,395 compared to 7,825,111 units at $108,303,727 on Tuesday. Wigton Windfarm led trading with 75.5 percent of total volume for 18.68 million shares, followed by Grace Kennedy 9.8 percent, with 2.41 million units and Transjamaican Highway with 3.8 percent or 929,276 shares.
Trading ended with an average of 575,470 units changing hands at $4,947,800 for each security, compared to 200,644 shares at $2,777,019 on Tuesday. The average trade for the month to date ends at 252,610 units at $3,499,735 for each security, in contrast to 205,389 units at $3,287,944. Trading month to date continues to compare adversely to October’s average of 398,200 units at $4,622,532.
The Investor’s Choice bid-offer indicator reading for the market shows ten stocks ending with bids higher than their last selling prices and one with lower offers.
At the close of the market, Barita Investments fell $2.53 to $82.47 in trading 239,086 shares, Caribbean Cement advanced $1.94 to $54.94, with an exchange of 8,748 units, Eppley Caribbean Property Fund shed 50 cents to close at $39, after trading 420 stock units. Jamaica Broilers ended at $25.15, after losing $2.79 with 107,363 shares crossing the market, Kingston Properties gained 49 cents to close at $7.47, with investors trading 100 units, 
Kingston Wharves rose $2.25 to $48.95 after clearing the market with 3,837 units. Mayberry Jamaican Equities gained 42 cents to close at $7.50, with 77,364 shares changing hands, MPC Caribbean Clean Energy dipped $8, in ending at $142 with the trading of 382 units, Pan Jam Investment gained 99 cents to close at $63.99, in trading 3,719 units. Proven Investments declined $2.43 to $36.07, with 4,000 units crossing the exchange, Salada Foods fell $1.90 to $26.39, after an exchange of just one tock unit, Scotia Group advanced $1.39 to $46, with the swapping of 159,766 shares. Seprod dropped $2 to $62 in exchanging 9,908 stock units, Supreme Ventures rose 44 cents to close at $15.89 trading 38,592 stock units and Sygnus Credit Investments lost 45 cents in closing at $17, with a transfer of 42,707 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
