Trading activities knocked several thousand points off the indices of the Jamaica Stock Exchange Main Market after more stocks declined than rose on Tuesday after an exchange of 33 percent fewer shares and a 13 percent fall in value than on Monday.
The All Jamaican Composite Index slumped 3,448.73 points to 427,800.39, the Main Index dropped 3,105.44 points to close at 390,255.61 and the JSE Financial Index dipped 1.17 points to settle at 101.03.
Trading ended with 47 securities changing hands compared to 45 on Monday and closed with prices of 13 stocks rising, 23 declining and 11 remaining unchanged.
The average PE Ratio closed at 16.6 based on ICInsider.com’s forecast of 2020-21 earnings.
Traders exchanged 14,425,631 shares for $58,928,355 down from 21,543,484 units at $67,653,800 on Monday. Transjamaican Highway led trading with 47.7 percent of total volume for 6.88 million shares followed by Pulse Investments with 18.1 percent for 2.61 million units and Wigton Windfarm with 12.8 percent market share for 1.85 million units.
Trading averaged 306,928 units at $1,253,795, versus 478,744 shares at $1,503,418 on Monday. Trading month to date averaged 350,619 units at $1,079,650, in contrast to 358,339 shares at $1,048,880 on Tuesday. Trading in December averaged 455,206 units at $7,774,631.
Investor’s Choice bid-offer indicator reading has seven stocks ending with bids higher than their last selling prices and five with lower offers.
At the close of trading, Berger Paints advanced $1.10 to $14.10, with an exchange of 895 shares, Eppley rose 90 cents to $27.90 exchanging 930 stocks. Eppley Caribbean Property Fund gained 44 cents to finish at $43, with 7,400 units crossing the exchange, Jamaica Broilers ended 40 cents higher at $28.40 trading 10,160 stocks, Mayberry Jamaican Equities lost 30 cents in closing at $7.70, with an exchange of 18,845 shares. NCB Financial declined $3.63 to $138.37 after investors swapped 21,271 shares, 138 Student Living gained 38 cents in closing at $4.89 trading 6,805 stocks, Pan Jam Investment shed 57 to $72, in exchanging 8,090 shares, Portland JSX fell $1 to $8.50, in transferring 1,673 stock units. 
Pulse Investments lost 30 cents to end at $4.45, with investors swapping 2,607,378 shares, Sagicor Group rose 85 cents to end at $50.35 after trading 10,629 stock units, Sagicor Real Estate Fund declined by $1.95 to $6.30, as investors swapped 10,000 shares and Salada Foods fell $2.75 to $26, with 871 units crossing the market.
In the preference segment, Eppley 8.75% preference share dropped 52 cents to $7 with 1,000 units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading ended with six securities changing hands, compared up from four on Monday with no stock rising, four declining and two remaining unchanged.
At the market close, First Rock Capital Investment carved out a loss of 1.89 cents in closing at 7 US cents after 101,000 stock units cleared the market, Sterling Investments shed 0.4 of a cent, ending at 2 US cents in an exchange of 48,000 stock units, Sygnus Credit Investments settled at 17 US cents after exchanging 21,686 stocks and Transjamaican Highway shed 0.04 of a cent to close at 0.86 of a US cent in finishing trading with 779,120 units.
First Citizens Bank shed 50 cents to end at $44 trading 23,525 shares, FirstCaribbean International Bank fell 1 cent to $7.04, with 500 stock units changing hands. Guardian Holdings shed 38 cents to end at $20.50 with an exchange of 19,648 stocks, JMMB Group closed at $1.94, finishing with 2,083 stock units, National Flour Mills settled at $2.20 in exchanging 33,087 shares. Point Lisas remained at $3.12 in trading 126 stocks, Republic Financial Holdings advanced 91 cents to $135.90 in an exchange of 1,117 units, Scotiabank settled at $58 after 1,604 units changed hands. Trinidad Cement rose 25 cents to close at a 52 weeks’ high of$3.25 after exchanging 4,700 stock units, West Indian Tobacco carved out a loss of 5 cents in ending at $35.35 after an exchange of 21,538 stock units.
Investor’s Choice bid-offer indicator shows ten stocks ending with bids higher than their last selling prices and three with lower offers.
Pulse Investments gained 8 cents in closing at $4.75, after exchanging 3,765,486 shares, Sagicor Group shed 95 cents to end at $49.50 in exchanging 9,798 units. Sagicor Real Estate Fund fell 73 cents to $8.25, with 1,010,838 stocks changing hands, Supreme Ventures shed 40 cents in closing at $17.50, after the transfer of 29,737 shares. Sygnus Credit Investments rose 57 cents to $17.27, in trading 9,730 units and Victoria Mutual Investments lost 9 cents in closing at $5.91, with an exchange of 46,532 stock units.
Trading ended with 36 securities changing hands compared to 33 on Friday and closed with 11 stocks rising, 21 declining and four remaining unchanged.
Investor’s Choice bid-offer indicator reading shows four stocks ending with bids higher than their last selling prices and three with lower offers.
Lasco Distributors closed at $3.11, with a loss of 9 cents in exchanging 11,100 stock units, Limners and Bards fell 7 cents to $2.58, with an exchange of 30,351 stock units, Mailpac Group gained 7 cents in ending at $2.95, after crossing the market with 662,681 shares. Paramount Trading shed 10 cents in closing at 52 weeks’ low of $1.25 after trading 24,195 stock units, SSL Venture gained 9 cents to end at 59 cents after exchanging 1,000 units and Tropical Battery shed 5 cents ending at $1.13 trading 202,058 shares.
For the third consecutive day, trading ended with four securities changing hands at the close and ended with the prices of one stock rising, three declining and none remaining unchanged.
At the close of the market, First Rock Capital Investment lost 0.01 of a cent to end at 8.89 US cents after trading 1,004,937 shares, Proven Investments dropped 2.69 cents to end at 23 US cents after exchanging 2,800 stocks. Sygnus Credit Investments rose half a cent to 17 US cents, with 254 stock units changing hands and Transjamaican Highway carved out a loss of 0.04 of a cent to settle at 0.9 of a US cent after 21,892 stocks crossed the market.
Trading on the Trinidad and Tobago Stock Exchange ended with 11 securities changing hands, down from 15 on Friday. It ended with five stocks rising, four declining and two ending unchanged. At the close of trading, the Composite Index rose 7.57 points to settle at 1,332.46, the All T and T Index advanced 2.51 points to settle at 1,774.17 and the Cross Listed Index gained 1.73 points to 120.44.
Guardian Holdings shed 1 cent to settle at $20.88, with 3,895 shares changing hands, Massy Holdings dropped 61 cents to $60 with an exchange of 95 stocks. National Flour Mills climbed 5 cents to end at $2.20 trading 20,000 stock units, NCB Financial Group climbed 25 cents to close at $8.50, with 60 shares crossing the market, Scotiabank ended at $58 after trading 766 stock units. Trinidad & Tobago NGL carved out a loss of 70 cents to close at $15.20 in exchanging 7,227 shares, Trinidad Cement closed at $3 with an exchange of 11,817 stock units and West Indian Tobacco rose 40 cents to $35.40 after 31,549 shares changed hands.
Trading averaged 208,926 units at $1,562,771 compared to 965,417 shares at $1,445,448 on Thursday. Trading month to date averaged 333,822 units at $956,327, in contrast to 361,424 units at $822,306 on Thursday. Trading in December averaged 455,206 units at $7,774,631.
Pan Jam Investment climbed $4.97 to $73, with 11,719 stock units changing hands, Proven Investments gained 66 cents to end at $35.79, with 9,626 shares crossing the market, Sagicor Real Estate Fund rose 71 cents to $8.98 trading 2,121 stock units. Salada Foods climbed $3.75 to $28.75, transferring 33 units, Scotia Group fell by $1 to $43, with 175,560 shares crossing the market and Sygnus Credit Investments lost 40 cents to close at $16.70, clearing the market with 51,777 shares.
Investor’s Choice bid-offer indicator shows no stock ended with bids higher than the last selling prices and four ended with lower offers.
Honey Bun slipped 5 cents to $5.60 with 10,279 shares traded, Indies Pharma dipped 9 cents to $2.61 with an exchange of 25,446 stocks, Lasco Manufacturing rose 5 cents to $3.90 with investors swapping 1,649 shares. Mailpac Group traded 2,130,888 units and declined 7 cents to close at $2.88 and Stationery and Office Supplies advanced 27 cents to $4.52 with 193,963 stocks changing hands.
