The Main Market of the Jamaica Stock Exchange closed higher for the sixth time out of the last seven trading days and recovered 47,260.76 points of the losses in March, to be up 13 percent from the recent lows of 375,091.09 points, reached on 25th of March on the JSE All Jamaican Composite Index.
JSE Main market continuing to bounce off resistance at 375,000 points reached on March 25.
At the close of the market on Friday, the JSE All Jamaican Composite Index jumped 4,851.68 points to 422,351.85, the JSE Market Index climbed 4,394.76 points to 384,905.24 and the JSE Financial Index added 1.51 points to 105.44.
The market closed with 47 securities changing hands in the Main and US dollar markets with prices of 25 stocks advancing, 15 declining and 4 securities trading firm. The JSE Main Market activity ended with 42 securities accounting for 33,384,287 units valued at $221,730,878, in contrast to 19,058,509 units valued at $80,731,137 from 40 securities on Thursday.
Trans Jamaican Highway led trading with 21.5 million shares for 64.4 percent of total volume, followed by Wigton Windfarm with 2.6 million units for 7.9 percent of the day’s trade and Sagicor Select Financial Fund with 1.9 million units for 5.6 percent market share. Sagicor Select Manufacturing & Distribution Fund ended with 1.1 million shares and was the only other stock trading more than one million units.
The Market closed with an average of 794,864 units valued at an average of $5,279,307 for each security traded, in contrast to 476,463 units valued at an average of $2,018,278 on Thursday. The average volume and value for the month to date amount to 613,607 units valued at $3,409,226 for each security changing hands. 
Trading in March resulted in an average of 1,146,245 units valued at $7,550,295 for each security.
IC bid-offer Indicator│ At the end of trading, the Investor’s Choice bid-offer indicator reading shows nine stocks ending with bids higher than their last selling prices and two stocks closing with lower offers. The PE ratio of the market ended at 14.2, while the Main Market ended at 14.4 times 2020/21 earnings.
In the Main Market, Barita Investments climbed $5 to reach $58, with 41,623 shares changing hands, Berger Paints fell $3 to $11.50, after trading 24,768 units, Caribbean Cement added 54 cents to close $43.49, in swapping 61,554 shares. Eppley closed $1 higher at $16, with14,000 units crossing the exchange, Eppley Caribbean Property Fund dropped $4 to end at $35, in trading a mere 200 units, First Rock Capital lost 50 cents to finish at $10, with a transfer of 17,200 units. Grace Kennedy shed 60 cents to close at $57 in exchanging 722,937 shares, Jamaica Broilers gained 52 cents, in swapping 291,710 shares to end at $32.52, Jamaica Producers picked up 41 cents to close at $19.11 after trading 5,891 units. Kingston Wharves closed 50 cents higher to finish at $44, with 21,556 units traded, 
MPC Caribbean Clean Energy advanced $5 to $140 after exchanging 1,512 stock units, NCB Financial Group climbed to $152.91, with gains of $2.66 with 265,789 shares changing hands. PanJam Investments fell by $2 to $76 in swapping 225,872 shares, Portland JSX shed 70 cents to finish at $7.30, with an exchange of 38,667 units, Proven Investments closed at $39.70, after rising $2.20 and trading 11,126 units. Sagicor Group picked up 81 cents to end at $48.75, in transferring 73,620 shares, Sagicor Real Estate Fund closed 45 cents lower at $7.25 with 81,200 stock units crossing the exchange, Salada Foods jumped $6 to $36, after exchanging 59,400 units. Seprod closed $1.50 higher to $49.50, with a transfer of 65,614 shares and Supreme Ventures gained 40 cents to end at $14.40, with 248,813 shares changing hands.
Prices of securities trading are those for the day’s last transaction unless otherwise stated.
The market closed with three stocks rising and two declining. The volume of stocks passing through the market rose to 827,966 shares valued at US$14,632 compared to 651,114 shares valued at US$42,388 on Thursday.
The JSE Market Index climbed 2,911.92 points to 380,510.48 and the JSE Financial Index adding just 0.30 points to 103.93.
Trading in March resulted in an average of 1,146,245 units valued at $7,550,295 for each security.
Jamaica Producers fell by $2.31 to $18.70 after trading 35,872 shares, Jamaica Stock Exchange shed 50 cents to close at $22.50, with an exchange of 40,317 shares. JMMB Group closed 54 cents lower to $38, in swapping 171,356 shares, NCB Financial Group declined to $150.25, with a loss of $4.74 and trading 36,785 stock units. Proven Investments added 90 cents to finish at $37.50, with 11,664 units crossing the exchange, Scotia Group climbed $1.49 to $47.99 in transferring 18,664 units, Seprod closed 50 cents higher at $48, in exchanging 25,496 shares. Stanley Motta gained 80 cents in swapping 200 units and finished at $5.80, Supreme Ventures picked up 43 cents to end at $14, with 17,488 units changing hands, Sygnus Credit Investments closed at $18.90, with gains of $1.87 trading 12,280 stock units and Wisynco Group rose 60 cents to $13.90, with a transfer of 1,360,292 shares.
The Jamaica Stock Exchange, US dollar market, rose by 3.2 percent with the market index climbing 6.44 points to close at 208.70, with the year to date decline being 7.7 percent. At the close of trading, the PE ratio of the market was an average of 14.5 times 2020 earnings. 
At the close, the JSE All Jamaican Composite Index declined 1,819.45 points to 414,283.45, the JSE Market Index dropped 1,643.55 points to 377,598.56, but the JSE Financial Index rose 0.33 points to 103.63.
IC bid-offer Indicator│ At the end of trading, the Investor’s Choice bid-offer indicator reading shows eight stocks ending with bids higher than their last selling prices and two stocks closing with lower offers. The PE ratio of the market ended at 14.2, while the Main Market ended at 14.5 times 2020/21 earnings.
PanJam Investment ended at $78, with a loss of $1 trading 63,834 units. Portland JSX gained 70 cents exchanging 2,090 units and closed at $8, Proven Investments ended at $36.60, after climbing $1.60 and transferring 14,113 stock units, Sagicor Group closed $4.40 lower to $48, in swapping 101,381 shares. Salada Foods ended the day at $30, after gaining $1 trading 200 units, Scotia Group dropped $1.49 to finish at $46.50, with 29,841 units changing hands, Seprod added 50 cents to transferring 254,512 shares and closed at $47.50. Stanley Motta shed 75 cents with an exchange of 6,000 units to end at $5, Supreme Ventures gained 57 cents and closed at $13.57, in swapping 561,955 shares, Sygnus Credit Investments ended at $17.03, with a loss of 97 cents trading 99,934 units and Wisynco Group closed $1.39 lower to $13.30 exchanging 1,657,479 shares.
At the close of trading for March and the end of the first quarter of 2020, the JSE All Jamaican Composite Index soared 15,152.90 points to 416,102.90, the JSE Market Index jumped 13,681.82 points to 379,242.11 and the JSE Financial Index gained 2.76 points to end at 103.30.
Trading in February resulted in an average of 624,731 units valued at $3,239,665 for each security.
Proven Investments ended at $35, after losing 94 cents while trading 36,309 shares. Pulse Investments added 32 cents to finish at $3.45, in transferring 17,162,610 shares, Sagicor Group leaped $8.40, in exchanging 341,368 shares and closed at $52.40, Salada Foods finished at $29, advancing $4 and trading 20,327 units. Scotia Group closed $3.98 higher at $47.99, with 155,932 shares changing hands, Seprod added $4.50 to end at $47, in swapping 51,191 units, Stanley Motta gained $1.14 exchanging 16,615 units and closed at $5.75. Supreme Ventures shed 50 cents to end at $13, with 177,935 shares traded, Sygnus Credit Investments ended at $18, with gains of $1.40 transferring 154,566 shares, Victoria Mutual Investments exchanged 560,714 shares at $7, after picking up 55 cents and Wisynco Group closed $1.44 higher at $14.69 after trading 501,240 shares.
Market activity resulted in six securities changing hands, accounting for 7,448,842 units having a value of US$122,863, in contrast to 3,646,138 units for US$59,981 on Monday. The PE ratio of the market close with an average of12 times 2020 earnings.
Trading in February resulted in an average of 624,731 units valued at $3,239,665 for each security.
Kingston Wharves slid $1.50 to $42, trading 7,109 units, Mayberry Investments picked up 60 cents and closed at $5.60, with an exchange of 67,881 shares, Mayberry Jamaican Equities shed 36 cents with 16,100 units trading to end at $6.64. NCB Financial Group declined by $4 to close at $150, with 114,390 shares changing hands, 138 Student Living rose 81 cents to end at $5.50, in swapping a mere 86 units, Proven Investments ended at $35.94, after picking up 94 cents and transferring 35,465 shares. Pulse Investments ended at $3.13, with gains of 60 cents trading 1,882,701 shares, Sagicor Group dropped $2.60 to end at $44, with an exchange of 46,235 units, Sagicor Real Estate Fund closed $1.10 higher to $7.70 with the trading of just 1,901 units. Scotia Group a lost $3.49 and finished at $44.01 with 38,328 units changing hands, Seprod added $3.50 to end at $42.50, after transferring 73,476 units, Stanley Motta lost 39 cents swapping 1,000 units and closed at $4.61 and Supreme Ventures fell 49 cents to end at $13.50, with 253,252 shares traded.
At the close of trading, five securities changed hands, accounting for 2,129,328 units exchange for a value of US$64,366, in contrast to 5,389,685 units for $89,826 on Thursday. The market Index advanced 0.60 points to close at 197.53, with a loss of 12.7 percent for the year to date. The average PE ratio for US dollar-listed stocks is 20.7 times 2019 earnings but with the typical average being just under 14 when excluding the large ones.
