Another attempt for the stocks to break convincingly away from resistance level was tamed after 28 minutes of trading on Tuesday after a strong rise in the All Jamaican Composite Index markets index by 6,446 points to hit 443,393.70.

JSE Main Market breaking from a triangle formation.
The AJI market Index held on to 1,653.81 points to close at 438,601.30, the JSE Main Index advanced 1,494.18 points to 399,558.05 and the JSE Financial Index slipped 0.06 points to 99.54 as the market ended with an exchange of 133 percent more shares than on Monday.
Trading ended with 49 securities, down from 51 on Monday with 17 rising, 19 declining and 13 remaining unchanged. The PE Ratio, based on ICInsider.com forecast of 2021-22 earnings, averages 15.9.
Overall, 17,602,037 shares traded for $81,904,936 compared to 7,546,049 units at $75,677,429 on Monday. Wigton Windfarm led trading with 39.7 percent of total volume for an exchange of 6.99 million shares, followed by Sagicor Select Manufacturing & Distribution Fund with 17.5 percent for 3.08 million units, Transjamaican Highway with 14.9 percent for 2.62 million units and Sagicor Select Financial Fund with 9 percent after trading 1.60 million units.
Trading averaged 359,225 units at $1,671,530, compared to 147,962 shares at $1,483,871 on Monday. Month to date trading averages 244,460 units at $1,544,056 in contrast to 232,625 units at $1,532,021 on Monday. March averaged 354,304 units at $2,543,232.
Investor’s Choice bid-offer indicator shows nine stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, Barita Investments shed 50 cents in closing at $85.80 trading 23,626 shares, Berger Paints finished 35 cents lower at $11.70 in the trading of 31,767 stocks. Caribbean Cement rose $1 to close at a 52 weeks’ high of $75 with an exchange of 42,032 units, Jamaica Producers gained 40 cents to close at $28 in the swapping of 29,010 stock units, Kingston Wharves declined by 78 cents to settle at $43.01 in the transfer of 226 stocks. MPC Caribbean Clean Energy lost 45 cents to close at a 52 weeks’ high of $127.55 in switching ownership of 9,974 units, NCB Financial rose $1.50 to $140 in an exchange of 14,704 stocks, 138 Student Living fell 20 cents to $5.50 with 791 stock units changing hands, Palace Amusement climbed $40 to end at $890 with the swapping of 259 shares. Pan Jam Investment shed $2.55 to finish at $61.05 in the exchange of 26,728 stock units, Proven Investments slid 50 cents to $37.50 in the trading of 18,300 units,
Sagicor Group fell 49 cents to $50 with 16,629 shares changing hands, Scotia Group gained 34 cents to end at $41.99 in the transfer of 37,458 stock units, Seprod advanced $1.08 to close at a 52 weeks’ high of $84 with the swapping of 127,859 shares, Stanley Motta rose 61 cents to finish at $5.91 after an exchange of 25,420 stock units. Supreme Ventures advanced $1.75 to $15.85, trading 104,384 shares and Sygnus Credit Investments gained 50 cents in ending at $15 with an exchange of 74,006 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Similar to Monday, six stocks traded on Tuesday, with prices of one rising, two declining and three remaining unchanged.
At the close, First Rock Capital closed at 8.9 US cents trading 6,590 shares, Proven Investments shed 1.49 cents to close at 24.5 US cents after 271,008 stocks crossed the market, Sterling Investments fell 0.04 of a cent to 2.01 US cents in trading 45,540 stock units. Sygnus Credit Investments gained 0.17 of a cent to close at 15 US cents trading 60,047 shares and Transjamaican Highway closed at 0.9 of a US cent in 108,080 shares crossing the market.
The All Jamaican Composite Index increased 351.51 points to 436,947.49, the JSE Main Index carved out a gain of 316.37 points to close at 398,063.87 and the JSE Financial Index advanced 0.16 points to 99.60.
Transjamaican Highway led trading with 46.2 percent of total volume for 3.49 million shares, followed by Wigton Windfarm with 17.6 percent for 1.33 million units and Caribbean Cement with 6.8 percent for 513,466 units changing hands.
Sagicor Group gained 49 cents to close at $50.49 after exchanging 12,602 units, Seprod jumped $6.32 higher to a 52 weeks’ high of $82.92 with 8,914 stock units clearing the market. Supreme Ventures shed $1.90 in closing at $14.10 in the trading of 422,951 stocks and Victoria Mutual Investments gained 45 cents in ending at $5.78 with 58,944 units changing hands.
Six securities traded, similar to trading on Friday, with one rising, two declining and three remaining unchanged.
At the close, First Rock Capital closed at 8.9 US cents after exchanging 419,000 stocks, Proven Investments gained 0.74 of a cent in closing at 25.99 US cents in an exchange of 45,594 units, Sterling Investments shed 0.1 of a cent to close at 2.05 US cents after exchanging 54,297 shares. Sygnus Credit Investments dropped 0.17 of a cent to close at 14.83 US cents in switching ownership of 1,080 units and Transjamaican Highway ended at 0.90 US cents after exchanging 40,000 stocks.
Trading ended with six securities changing hands, compared to seven on Thursday, with one stock rising, two declining and three trading unchanged.
At the close, First Rock Capital traded 1,039 shares at 8.9 US cents, Margaritaville closed at 9 US cents after trading 100 stock units, Proven Investments declined 0.25 of a cent in ending at 25.25 US cents, with 51,970 shares crossing the exchange. Sterling Investments advanced by 0.1 of a cent to 2.15 US cents with 14,731 units trading and Transjamaican Highway fell 0.02 of a cent to 0.9 of a cent, with 123,506 shares crossing the market.
The All Jamaican Composite Index rose 833.77 points to 436,595.98, the JSE Main Index advanced 740.65 points to 397,747.50 and the JSE Financial Index fell 0.54 points to settle at 99.44.
Trading averaged 329,212 units at $1,900,231, compared to 300,514 shares at $5,517,023 on Thursday. Month to date trading averages 242,960 units at $1,537,268, in contrast to 231,331 units at $1,496,747 on Thursday. March averaged 354,304 units at $2,543,232.
Palace Amusement climbed $69 to close at $809 after trading 11 units, Portland JSX advanced 89 cents to $8 with investors switching ownership of 30,200 units, Proven Investments shed 70 cents in closing at $36 in an exchange of 10,779 stock units. Scotia Group lost 24 cents in closing at $41.75 in switching ownership of 89,361 shares. Seprod rose $1.10 to end at $76.60 after 12,053 stocks crossed the exchange, Supreme Ventures gained 49 cents to close at $16 with a transfer of 38,806 shares and Wisynco Group rose 73 cents to $15.83 in the swapping of 36,486 units.
The All Jamaican Composite Index advanced 375.09 points to 435,762.21, the JSE Main Index rose 322.43 points to 397,006.85, and the JSE Financial Index gained 0.36 points to end at 99.98.
Trading averaged 300,514 units at $5,517,023, compared to an average of 210,851 shares at $842,358 on Wednesday. Month to date trading averages 231,680 units at $1,486,157, in contrast to 223,508 units at $1,007,558 on Wednesday. March averaged 354,304 units at $2,543,232.
Salada Foods gained 35 cents ending at $5.20 with an exchange of 5,775 stock units, Scotia Group closed 54 cents higher at $41.99 with the swapping of 2,624 shares, Seprod rose 50 cents to close at $75.50, trading 9,402 units and Supreme Ventures gained 49 cents and ended at $15.51 in the transfer of 52,263 shares.
Margaritaville ended at 9 US cents in exchanging 3,762 units,
Trading averaged 210,851 units at $842,358, compared to 196,468 shares at $1,276,968 on Tuesday. Month to date averages 223,508 units at $1,007,558, in contrast to 225,299 units at $1,030,945 on Tuesday. March averaged 354,304 units at $2,543,232.
NCB Financial advanced $2.96 to $142.95 after trading 23,531 shares, Palace Amusement dropped $19 to close at $795 in switching ownership of 72 stock units, Proven Investments rose 99 cents to end at $35.99 in the swapping of 245,561 stocks. Sagicor Group gained 60 cents to settle at $50.60 with 3,166 shares changing hands, Scotia Group picked up 44 cents to end at $41.45 trading 103,584 stock units and Seprod rose 50 cents to close at $75 in switching ownership of 10,543 shares.
Five securities traded, down from seven on Tuesday, with one rising, three declining and one trading unchanged.
At the close, First Rock Capital lost 0.05 of a cent to close at 8.85 US cents trading 2,440 shares, Proven Investments ended at 25 US cents, as 30,000 units crossed the market, Sterling Investments gained 0.22 of a cent to end at 2.29 US cents with the swapping of 15,367 shares. Sygnus Credit Investments lost 0.01 of a cent to close at 14 US cents with an exchange of 95,198 stock units and Transjamaican Highway shed 0.04 of a cent in ending at 0.92 of a US cent, with 300 stock units changing hands.