Market activity ended on Tuesday with the market indices all declining, but the JSE Main Index sustaining the greater loss of 6,266.26 points to close at 424,325.49, with Guardian Holdings dropping $110, with NCB Global announcing on Monday the offer of 2 million shares to the public at $795 each. Trading ended after an exchange of 31 percent fewer shares valued 30 percent less than on Monday on the Jamaica Stock Exchange Main Market.
Guardian Holdings hits the lowest price on the JSE on Tuesday.
The All Jamaican Composite Index declined 371.38 points to 454,398.73, the JSE Main Index dropped 6,266.26 points to 424,325.49 after Guardian Holdings trading at the lowest price since listing and the JSE Financial Index shed 2.89 points to settle at 105.38.
Trading ended with 52 securities slightly down on the 51 on Monday, with 20 rising, 24 declining and eight remaining unchanged. The PE Ratio averages 16.2 based on ICInsider.com’s forecast of 2021-22 earnings.
The market closed with 11,779,992 shares trading for $110,710,765 versus 17,166,156 units at $158,866,078 on Monday. Sagicor Select Manufacturing & Distribution Fund led trading with 25.4 percent of total volume after an exchange of 3 million shares followed by Sagicor Select Financial Fund 14.3 percent, with 1.68 million units, Pulse Investments contributed 12.7 percent, with 1.5 million units, Transjamaican Highway accounts for 10.3 percent after trading 1.21 million units and Wigton Windfarm with 9.1 percent after 1.07 million units changed hands.
Trading averaged 226,538 units at $2,129,053, compared to 336,591 shares at $3,115,021 on Monday. Trading month to date averages 317,134 units at $3,367,698, in contrast to 325,653 units at $3,484,171 on Monday. April averaged 234,200 units at $1,772,561.
Investor’s Choice bid-offer indicator reading has nine stocks ending with bids higher than their last selling prices and five with lower offers.
At the close, Berger Paints gained 50 cents ending at a 52 weeks’ high of $15.50 in trading 18,992 stock units, Caribbean Cement advanced $2.22 to $87.22 with 122,894 units changing hands, Grace Kennedy slipped 50 cents to close at $88 with the swapping of 58,997 shares, Guardian Holdings dropped $109.96 to end at $789.99 trading 11,872 stocks after NCB Global posted its prospectus on the JSE to sell 2 million shares to the public at a price that was much lower than the Mondays’ close. Jamaica Broilers advanced $2 in closing at $36, with 251,099 units crossing the exchange. Jamaica Producers fell 48 cents to $24.50 in transferring 123,613 stock units, JMMB Group shed $1.10 to end at $32 with an exchange of 357,375 shares. Key Insurance lost 27 cents to settle at $5.33 in clearing the market of 366,006 stocks, Kingston Wharves rose $2 to $47 in switching ownership of 1,856 shares, Margaritaville closed 50 cents lower at $15 after clearing the market with 1,500 stock units. NCB Financial Group gained 70 cents to end at $138.90 in an exchange of 113,242 shares, 138 Student Living finished 89 cents higher at $5.40 after crossing the market with 4,300 stock units, Palace Amusement declined $26 to end at $914 with 2 units crossing the exchange. PanJam Investment fell $4 in closing at $65 with an exchange of 40,380 stock units, Proven Investments gained 90 cents to end at $37.95 in trading 14,404 shares, Sagicor Group shed $1.45 to end at $52.50 with the swapping of 13,121 units, Sagicor Real Estate Fund rose 74 cents to $8.29 with the transfer of 1,548 shares. 
Salada Foods gained 44 cents to finish at $7.50 in exchanging 67,172 units, Scotia Group slipped 50 cents to close at $40.80 with an exchange of 456,287 stocks, Seprod declined $4.57 to $73 after 3,586 units changed hands. Sterling Investments lost 25 cents to settle at $3.25 in transferring 15,408 shares and Victoria Mutual Investments fell 28 cents to $6.71 with 72,106 stocks changing hands.
In the preference segment, 138 Student Living preference share advanced $1.66 to $7.90, with 5 stock units clearing the market and Productive Business Solutions 9.75% preference share dropped $5 to $105 in trading 100 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the close, 51 securities traded, up from 49 on Friday, with 20 rising, 23 declining and eight ending unchanged. The PE Ratio averages 16.2 based on ICInsider.com forecast of 2021-22 earnings.
Investor’s Choice bid-offer indicator reading has 12 stocks ending with bids higher than their last selling prices and two with lower offers.
Supreme Ventures gained 31 cents to settle at $19.81 in switching ownership of 37,888 units, Sygnus Credit Investments closed 75 cents higher at $15.50 in the swapping of 624,203 stock units and Victoria Mutual Investments rose 69 cents to $6.99 after an exchange of 227,405 units.
At the close, Barita Investments dropped $3.05 to $83 with 33,408 shares changing hands. Berger Paints advanced $1.35 to close at a 52 weeks’ high of $15 after exchanging 30,727 stock units, Caribbean Cement slid $4.98 to $81.02 with 96,636 shares crossing the exchange. Eppley Caribbean Property Fund shed 98 cents to close at $44 trading 11 units, First Rock Capital fell 40 cents to $16.50 in exchanging 50,337 shares, Grace Kennedy slipped 19 cents to close at $88.66 in switching ownership of 161,912 stocks. Jamaica Broilers ended $1 lower at $34.50 in exchanging 30,864 units, Jamaica Stock Exchange gained 24 cents to close at $17.99 with 11,600 stock units crossing the market, JMMB Group rose $1.05 to $33.05 in trading 33,966 units, Kingston Wharves advanced $1 to end at $48 in an exchange of 3,152 stocks, NCB Financial declined $1.50 to $138.50 after transferring 39,781 units, 138 Student Living gained 30 cents to end at $5.30 in exchanging 2,129 stocks. PanJam Investment rose $1 to close at $66.50 in trading 594,688 units, Proven Investments rose 94 cents to $37.95 in trading 26,800 shares, Sagicor Group closed 54 cents higher at $50.55 in an exchange of 35,406 stocks. Salada Foods rose 86 cents to $7.66 in switching ownership of 116,542 stock units, Scotia Group shed 50 cents to end at $41 in trading 20,188 units, Supreme Ventures picked up 50 cents to close at $19.50 with the swapping of 10,037,859 shares, 
Victoria Mutual Investments declined 78 cents to $6.30 in trading 154,338 stock units and Wisynco Group gained 30 cents to close at $15.90, with 240,532 shares crossing the exchange.
The All Jamaican Composite Index advanced 1,110.77 points to 451,625.91, the Main Index rose 732.14 points to 427,434.05, and the JSE Financial Index inched 0.15 points up to settle at 106.89.
Trading averaged 308,990 units at $1,775,357, compared to 231,986 shares at $2,914,778 on Wednesday. Trading month to date averages 289,678 units at $3,227,079, in contrast to 287,442 units at $3,395,135 on Wednesday. April averaged 234,200 units at $1,772,561.
138 Student Living fell 30 cents to close at $5 with 3,999 stock units crossing the market, Pan Jam Investment rose $2 to close at $65.50 in exchanging 11,859 stocks, Proven Investments fell 89 cents to $37.01 in the swapping of 17,979 stock units, Pulse Investments gained 30 cents to $4.60 in switching ownership of 345,178 shares. Sagicor Group declined $1.99 to $50.01 in an exchange of 200,381 units, Salada Foods lost 20 cents to finish at $6.80 with a transfer of 117,419 stocks, Seprod gained 88 cents to close at $77.88 in trading 12,866 shares, Supreme Ventures gained 49 cents to settle at $19 with the swapping of 48,842 stock units and Wisynco Group lost 40 cents in ending at $15.60 after trading 197,460 stocks.
The JSE Main Index gained 314.36 points to 426,701.91 and the JSE Financial Index lost 0.05 points to settle at 106.74.
Investor’s Choice bid-offer indicator reading has nine stocks ending with bids higher than their last selling prices and three with lower offers.
Pulse Investments lost 40 cents in closing at $4.30 in an exchange of 411,205 units, Sagicor Group climbed $2.51 to $52 with 2,279,348 shares crossing the market, Salada Foods dropped 20 cents to $7 in transferring 206,193 stock units, Seprod slid 88 cents to end at $77 in switching ownership of 4,451 shares, Supreme Ventures fell $1.44 to $18.51 with 73,026 units changing hands and Wisynco Group rose 50 cents to $16 after exchanging 45,650 units.
At the close, the All Jamaican Composite Index fell 1,335.19 points to 447,721.13, the Main Index dropped 4,869.78 points to 424,662.52 and the JSE Financial Index shed 1.85 points to settle at 106.69.
Investor’s Choice bid-offer indicator shows eight stocks ending with bids higher than their last selling prices and one with a lower offer.
Salada Foods dipped 30 cents to close at $9, trading 144,058 stock units, Scotia Group fell $1.29 to $40.51 in exchanging 61,843 shares, Seprod declined $4 to close at $71 after 17,111 units crossed the exchange. Supreme Ventures shed 49 cents to settle at $17.31 after an exchange of 136,667 stock units, Sygnus Credit Investments gained 29 cents to end at $14.89 with 34,847 units changing hands.
Investor’s Choice bid-offer indicator shows seven stocks ending with bids higher than their last selling prices and two with lower offers.
Proven Investments rose $1.01 to $38.78 with the swapping of 112,652 units, Sagicor Real Estate Fund slipped 25 cents to close at $7.95 with the transfer of 3,366 stocks, Salada Foods lost 40 cents in closing at $9.30 in trading 145,990 units, Seprod dropped $3 to finish at $75 with 105,935 shares changing hands, Supreme Ventures rose 56 cents to end at $17.80 in switching ownership of 98,891 stock units and Sygnus Credit Investments lost 39 cents ending at $14.60 in trading 39,721 units.
Trading ended with 51 securities compared to 50 on Wednesday and closed with prices of 21 stocks rising, 16 declining and 14 remaining unchanged. The PE Ratio, based on ICInsider.com’s forecast of 2021-22 earnings, averages 16.5.
Investor’s Choice bid-offer indicator reading has ten stocks ending with bids higher than their last selling prices and one with lower offers.
PanJam Investment rose $1.25 to $63.50 in exchanging 22,174 units, Proven Investments gained 75 cents to finish at $37.77 trading 7,198 stock units, Sagicor Group rose 99 cents to end at $49.49 after crossing the market with 50,855 units. Salada Foods lost 28 cents in closing at $9.70 in transferring 261,746 stock units, Stanley Motta gained 20 cents to close at $6.20 with an exchange of 3,100 shares. Supreme Ventures lost 26 cents to end at $17.24 after crossing the market with 69,748 stock units and Wisynco Group gained 52 cents to close at $15.90 with the swapping of 134,365 stock units.
In the private bond market, Guardian Holdings 2025 Bond traded 104,000 units at $101.28 each.
Wigton Windfarm was the second major trading stock with 11.5 percent for 1.65 million units, Mayberry Investments followed with 10.6 percent for 1.52 million units, Transjamaican Highway controlled 8.2 percent, with 1.18 million units and Sagicor Select Financial Fund ended with 7.9 percent after 1.14 million units change hands.
Proven Investments shed 98 cents to close at $37.02 after exchanging 40,040 shares, Salada Foods gained 48 cents to end at a 52 weeks’ high of $9.98 in switching ownership of 352,739 stock units. Scotia Group picked up 20 cents in closing at $42 after clearing the market with 670,305 shares, Seprod fell $2 to $78 in transferring 340,678 stock units, Supreme Ventures shed 45 cents to close at $17.50 in an exchange of 67,054 stocks.
The All Jamaican Composite Index climbed 9,180.51 points to 444,936.95 after the index rose to a high in the morning session to 449,375.45. The Main Index advanced 8,254.00 points to 405,057.23 and the JSE Financial Index rose 1.11 points to settle at 99.34.
Trading averaged 276,094 units at $1,896,465, compared to 730,264 shares at $13,580,781 on Monday. Month to date trading averages 512,262 units at $7,972,309. April averaged 234,200 units at $1,772,561.
Palace Amusement climbed $49.50 to $900 with 252 stocks changing hands, PanJam Investment fell $3 in closing at $61 in trading 133,113 shares, Sagicor Group rose $1.01 to end at $48.51 after exchanging 47,529 stocks, Salada Foods continues its relentless rise, with a gain of 35 cents in ending at 52 weeks’ high of $9.50 in an exchange of 270,188 shares. Scotia Group advanced $2.30 to $41.80 with the transfer of 224,092 stocks, Seprod gained 55 cents to close at $80 in switching ownership of 24,938 shares, Stanley Motta ended 50 cents higher at $6 trading 4,665 stocks. Supreme Ventures picked up 48 cents to finish at $17.95 in swapping 721,683 shares and Wisynco Group lost 40 cents to end at $15.35 with 272,429 units changing hands.