Trading took a breather on Monday with the market declining after more stocks declined than rose after an exchange of 158 percent shares than on Friday in trading activity on the Jamaica Stock Exchange Main Market.
At the close, the All Jamaican Composite Index shed 798.73 points to 431,249.12, the JSE Main Index fell by 720.19 points to 393,361.05 and the JSE Financial Index lost 0.17 points to settle at 102.20.
Trading ended with 45 securities changing hands up from 40 on Friday and closed with 12 stocks rising, 22 declining and 11 remaining unchanged. The average PE Ratio ended at 16.8 based on ICInsider.com’s 2020-21 earnings forecast.
Traders exchanged 21,543,484 shares for $67,653,800 up from 8,357,028 units at $62,510,845 on Friday. 1834 Investments led trading with 46.5 percent of total volume for 10.02 million shares, followed by Pulse Investments with 17.5 percent for 3.77 million units. Wigton Windfarm took 16.2 percent of trading, with 3.48 million shares, Transjamaican Highway with 4.8 percent for 1.04 million units and Sagicor Real Estate Fund with 4.7 percent market share for 1.01 million units.
Trading for the day averaged 478,744 units at $1,503,418 for each security, compared to an average of 208,926 shares at $1,562,771 on Friday. Trading month to date averaged 358,339 units at $1,048,880 for each security, in contrast to 333,822 units at $956,327 on the prior trading day. Trading in December averaged 455,206 units at $7,774,631.
Investor’s Choice bid-offer indicator shows ten stocks ending with bids higher than their last selling prices and three with lower offers.
At the close of trading, Barita Investments fell 75 cents to $84, in trading 59,373 shares, Berger Paints dropped by $1.10 to $13, with 2,010 stock units changing hands. Caribbean Cement climbed $1 to $61, after a transfer of 1,327 units, Eppley fell 99 cents to $27 trading 709 stocks, Eppley Caribbean Property Fund dropped $1.87 to $42.56 after exchanging 651 stock units. First Rock Capital advanced $1.15 to $13.75, in clearing the market with 54,287 units, Jamaica Broilers gained 65 cents in closing at $28 and exchanging 104,778 shares, Jamaica Producers dropped $1.33 to $19.77, with 12,260 units clearing the market. JMMB Group closed at $32.65, with a loss of 85 cents after exchanging 42,013 shares, Key Insurance slipped 17 cents to $6.18, in swapping 47,372 stock units. MPC Caribbean Clean Energy rose 47 cents to $157.47 in switching ownership of 10 shares, NCB Financial Group shed $1.70 to end at $142 after clearing the market with 30,449 stocks. 138 Student Living lost 34 cents to close at $4.51 exchanging 151 units, Palace Amusement slipped $5 to $1,295, trading 15 units, PanJam Investment shed 43 cents to end at $72.57, with the swapping of 137 stock units, Proven Investments slid 69 cents to $35.10 trading 22,684 units. 
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.
In the preference segment, Eppley 8.75% preference share rose 46 cents to settle at $7.52, with 373 shares crossing the exchange, Eppley 8.25% climbed $1 to $7, finishing with a transfer of 200 units and JMMB Group 7.5% gained 5 cents to close at 75 cents, in an exchange of 37,141 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
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.
At the close of trading, the All Jamaican Composite Index fell by 779.63 points to 432,047.85, the JSE Main Index shed 705.51 points to 394,081.24 and the JSE Financial Index lost 0.23 points to end at 102.37.
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.
For a second consecutive day, trading ended with four securities changing hands and ended, with the prices of two stocks rising, one declining and one remaining unchanged.
At the close of trading, First Rock Capital Investment shed 0.08 of a cent to end at 8.9 US cents in exchanging 380 shares, Proven Investments gained 3.68 cents to close at 25.69 US cents, trading 1,431 stock units. Sterling Investments gained 0.02 of a cent and ended at 2.4 US cents, with 40,000 stock units crossing the market and Sygnus Credit Investments remained at 16.5 US cents in exchanging 3,460 stock units.
At the close, the All Jamaican Composite Index advanced by 626.97 points to 432,827.48, the Main Index rose 425.29 points to 394,786.75 and the JSE Financial Index inched 0.06 points higher to 102.60.
Trading averaged 965,417 units at $1,445,448 compared to 175,260 shares at $734,535 on Wednesday. Trading month to date averaged 361,424 units at $822,306 compared to 167,441 units at $622,172 on the prior trading day. Trading in December averaged 455,206 units at $7,774,631.
Proven Investments rose 73 cents to finish at $35.13 in exchanging 2,960 units, Seprod fell $1 to $64, with a transfer of 13,722 stock units, Supreme Ventures gained 31 cents to close at $17.87, with 5,935 shares changing hands.
Trading ended with four securities changing hands, up from three on Wednesday and closed with the prices of two stocks rising and two declining.
At the close of trading, First Rock Capital Investments fell by 0.01 of a cent to end at 8.98 US cents, in exchanging 102 units, Proven Investments declined by 2.89 cents to close at 22.01 US cents, after clearing the market with 3,240 units, Sterling Investments rose 0.38 US cents to settle at 2.38 US cents, in crossing the exchange with 12,910 stock units and Transjamaican Highway gained 0.11 cents to close at 0.94 US cents, with the swapping of 757,713 shares.
December ended with an average of 455,206 units at $7,774,631.
Stanley Motta closed at $5, with a loss of 48 cents exchanging 1,700 units. Supreme Ventures was down 34 cents to $17.56 with the transfer of 55,921 shares, Sygnus Credit Investments gained 34 cents to settle at $16.94, with investors swapping 27,623 shares and Victoria Mutual Investments gained 32 cents to end at $5.99 trading 1,900 units.
Investor’s Choice bid-offer indicator reading has eight stocks ending with bids higher than their last selling prices and three with lower offers.
138 Student Living shed 47 cents to close at $4.37 exchanging 107 units, Proven Investments declined by $1.01 to close at $34, after crossing the exchange with 31,112 shares, Salada Foods climbed $1 to $30, after exchanging 6,010 units. Scotia Group shed 70 cents to close at $44.25, with an exchange of 24,970 stock units and Wisynco Group shed 47 cents to close at $16.05 trading 103,159 shares.
At the close, the All Jamaican Composite Index dipped 1,075.49 points to 432,445.60, the Main Index dropped 1,031.36 points to 394,583.57 and the JSE Financial Index lost 0.02 points to settle at 102.07.
Investor’s Choice bid-offer indicator reading has six stocks ending with bids higher than their last selling prices and four with lower offers.
Sagicor Group gained 50 cents to end at $50.50, in exchanging 12,901 units, Sagicor Real Estate Fund shed 74 cents ending at $8.25, in trading 2,963 shares, Salada Foods shed $1 in closing at $29 trading 410 units. Scotia Group gained 70 cents to close at $44.95, after 17,262 stock units changed hands, Sygnus Credit Investments rose 29 cents to settle at $16.76, trading 37,047 shares. Victoria Mutual Investments slipped 35 cents to $5.65, trading 61,267 shares and Wisynco Group declined 98 cents to $16.52 after exchanging 31,231 shares.
At the close of trading, First Rock Capital Investment rose 1.18 cents in closing at 8.99 US cents, clearing the market with 11,785 shares, Margaritaville rose 1 cent to close at 11 US cents trading 951 stocks, Productive Business Solutions carved out a gain of 4 cents and ending at 79 US cents crossing through the exchange 1,500 shares. Proven Investments shed 1.9 cents to settle at 24 US cents in an exchange of 4,132 stocks, Sygnus Credit Investments settled at 16 US cents in trading 61,789 stocks and Transjamaican Highway settled at 0.83 US cents after exchanging 152,989 shares.