Media house RJR traded most shares on Friday.
Market activity ended on Friday with Radio Jamaica finishing as the leading stock with 53 percent of volume traded after investors gobbled up 9.21 million shares, following the release of the June quarter results and pushing the price to a 52 weeks’ high, with the overall volume and value of shares traded climbing 87 percent and 103 percent respectively over Thursday’s out turn on the Jamaica Stock Exchange Main Market.
The All Jamaican Composite Index fell 518.74 points to 456,518.25, the Main Index slipped 312.91 points to 416,728.75 and the JSE Financial Index added 0.39 points to end at 102.50.
Trading ended with 46 securities compared to 50 on Thursday, with 14 stocks rising, 20 declining and 12 remaining unchanged. The PE Ratio, a measure that computes appropriate stock values, averages 15.5 based on ICInsider.com’s forecast of 2021-22 earnings.
The market closed with 17,455,607 shares traded for $87,019,322, up from 9,341,446 units at $42,964,627 on Thursday. QWI Investments was the second leading trade, with 11 percent after an exchange of 1.92 million units, Transjamaican Highway chipped in, with 8.4 percent for 1.46 million and Wigton Windfarm ended with 8 percent for an exchange of 1.39 million units.
Trading averaged 379,470 units at $1,891,724, up from 186,829 shares at $859,293 on Thursday. Trading month to date averages 192,325 units at $1,482,074, in contrast to 167,373 units at $1,427,454 on Thursday. July ended with an average of 322,932 units at $15,201,099.
Investor’s Choice bid-offer indicator reading has seven stocks ending with bids higher than their last selling prices and two stocks with lower offers.
At the close, Barita Investments advanced $2.96 to $83 with 900 shares crossing the market, GraceKennedy spiked $1.05 to $103 after 271,057 shares cleared the market, Guardian Holdings climbed $4 to $620 in switching ownership of 978 stock units. Jamaica Producers declined $2 to $21.50 in trading 138 units, JMMB Group popped $1.80 to $40 with an exchange of 216,175 stocks, Margaritaville lost 35 cents to finish at $13.60 in exchanging 7,270 stock units. Mayberry Jamaican Equities fell 40 cents to $8.80 with a transfer of 13,763 stocks, NCB Financial declined $3.49 to $132 with 21,781 stock units crossing the exchange, Proven Investments spiked $1.09 to $35.50 in switching ownership of 8,102 stock units. 
Pulse Investments fell 40 cents to $3.50 with the swapping of 679,437 shares, Salada Foods lost 59 cents in ending at $7.20 in an exchange of 52,240 stock units, after posting results that exceeded that of 2020 but well below amounts required to support the stock at recently elevated prices, Scotia Group shed 20 cents in closing at $39.60 and trading 72,819 stocks and Seprod fell $2.90 to $66 with 5,713 shares clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
