More slippage for JSE Main Market

Trading ended with an 85 percent increase in the number of shares changing hands at 3 times the values than on Tuesday at the close of Jamaica Stock Exchange Main Market with the market indices declining for a second consecutive day even as more stocks rose than declined.
The All Jamaican Composite Index fell by 1,177.07 points to 423,586.24, the Main Index declined 925.66 points to 386,406.15 and the JSE Financial Index lost 0.30 points to close at 99.52.
Trading ended with 44 securities changing hands versus 43 on Tuesday and closed with prices of 21 stocks rising, 14 declining and nine remaining unchanged. The PE Ratio closed with an average of 16.6 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 10,349,742 shares for $116,591,215, up from 5,599,223 units at $35,696,430 on Tuesday. Sagicor Select Financial Fund led trading with 20.5 percent of the volume after an exchange of 2.12 million shares followed by Jamaica Broilers with 19.05 percent for 2.02 million units, QWI Investments with 16.9 percent for 1.75 million units and Wigton Windfarm with 15.7 percent for 1.62 million units changing hands.
Trading for the day averaged 235,221 units at $2,649,800, compared to 130,214 shares at $830,150 on Tuesday. Trading month to date averaged 288,359 units at $1,155,210, in contrast to 292,746 units at $1,031,829 on Tuesday. Trading in December averaged 455,206 units at $7,774,631.
Investor’s Choice bid-offer indicator reading has ten stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Barita Investments gained 40 cents to end at $82.50, with 1,246 shares changing hands, Berger Paints rose $2.29 to $14.30 trading 4,744 stocks. Caribbean Cement shed 60 cents to close at $61.50, after exchanging 103,117 stock units, Eppley finished at $23.95, with gains of $1.95, with 1,472 stocks switching ownership. Eppley Caribbean Property Fund advanced $3.99 to $45, with 434 stocks crossing the exchange, Grace Kennedy ended $3.18 higher at $67.98, in exchanging 504,922 units, Jamaica Producers lost 91 cents to close at $19.81, after 79,708 shares crossed the exchange. JMMB Group slid 45 cents to t $32.55, with a transfer of 12,304 stock units, Key Insurance gained 39 cents to close at $6.30, in exchanging 920 stocks, Mayberry Investments lost 53 cents to finish at $5.31, in trading 1,020 units. NCB Financial rose $1 in ending at $139, with the swapping of 25,215 shares, 138 Student Living rose 65 cents to $4, in exchange of 200 units, Pan Jam Investment gained 41 cents to settle at $68.50, after clearing the market with 5,825 units, Sagicor Group lost 75 cents to end at $49.25, with an exchange of 8,531 units. Scotia Group closed at $44.30, with gains of 30 cents after exchanging 12,713 shares, Supreme Ventures rose 35 cents to $17 trading 14,379 stocks, Sygnus Credit Investments finished 40 cents higher at $17.40, with the swapping of 74,012 stock units.
In the preference segment, Community & Workers Credit Union slipped 30 cents to $1.80 after trading 500 shares and Eppley 7.5% preference share rose $1 to $7 trading 138,753 stock units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Slippage for T&TSE Wednesday

Trading on Wednesday, with 43 percent fewer shares changing hands than on Tuesday, resulting in more stocks falling than rising as the Trinidad and Tobago Stock Exchange Indices slipping to end the day.

Trinidad & Tobago Stock Exchange Head Quarters

Trading ended with 18 securities changing hands compared to 15 on Tuesday, with the prices of one stock rising, four declining and 13 remaining unchanged. The Composite Index declined 2.91 points to settle at 1,330.26, the All T&T Index fell 4.59 points to settle at 1,769.39 and the Cross Listed Index lost 0.16 points to end at 120.51.
The market closed with an exchange of 127,658 shares, for $2,787,238 compared to 222,267 units at $3,492,136 on Tuesday.
An average of 7,092 units traded at $154,847 compared to 14,818 at $232,809 on Tuesday. An average of 11,917 units traded at $277,529 for the month to date versus 12,437 units at $290,753. The average trade for December amounted to 14,490 units at $237,988.
The Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and two with lower offers.
At the closing bell, Angostura Holdings remained at $15 with an exchange of 2,500 shares, Ansa Mcal closed at $53.50, with 598 stock units changing hands, Clico Investment Fund settled at $25.40 after exchanging 710 stocks. First Citizens Bank fell 76 cents in closing at $43.10 after exchanging 1,812 units. FirstCaribbean International Bank settled at $7 in trading 550 stock units, Grace Kennedy closed at $3.80 while exchanging 118 shares, Guardian Holdings closed at $20.54 in an exchange of 654 stocks. Guardian Media stayed at $3.25 after exchanging 3,673 stock units, JMMB Group dropped 3 cents to close at $1.95, with 2,130 units changing hands, Massy Holdings ended at $60 with the swapping of 70 shares. National Flour Mills remained at $2.60, with 550 stocks crossing the market, One Caribbean Media declined 10 cents to $4.75 in trading 22,500 shares, Point Lisas closed at $3.15 after exchanging 2,000 stock units. Republic Financial Holdings declined 6 cents to $136.76 in trading 9,498 units, Scotiabank remained at $57.50, with 2,781 stock units crossing the exchange, Trinidad & Tobago NGL climbed 25 cents in closing at $15.75 trading 6,650 shares. Trinidad Cement ended at $3.40, with 50,000 stocks changing hands and West Indian Tobacco closed at $35.40 while exchanging 20,864 units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Declining JSE Main Market

Tuesday’s market activity drove more stocks down than up at the close of the Jamaica Stock Exchange Main Market resulting in the main market indices declining after trading volume slipped modestly but with 39 percent higher value than on Monday.
At the close, the All Jamaican Composite Index dropped 3,548.17 points to 424,763.31, the JSE Main Index carved out a loss 3,280.43 points to settle at 387,331.81 and the JSE Financial Index shed 0.77 points to close at 99.82. The day’s loss pulled the market down two percent for the year to date.
Trading ended with 43 securities changing hands, down from 48 on Monday and closed with prices of 16 stocks rising, 21 declining and six remaining unchanged.
The average PE Ratio closed at 16.4 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 5,599,223 shares for $35,696,430 compared to 5,906,893 units at $25,643,760 on Monday. Wigton Windfarm led trading with 19.7 percent of total volume for 1.11 million shares followed by Sagicor Select Financial Fund 17.9 percent, with 1 million units and Pulse Investments with 15.4 percent market share for 863,587 units.
Trading for the day averaged 130,214 units at $830,150 compared to 123,060 shares at $534,245 on Monday. Trading month to date averaged 292,746 units at $1,031,829, in contrast to 307,009 units at $1,049,528 on Monday. Trading in December averaged 455,206 units at $7,774,631.
Investor’s Choice bid-offer indicator shows seven stocks ending with bids higher than their last selling prices and three with lower offers.
At the close of the market, Barita Investments fell $1.82 to end at $82.10, in exchanging 50,001 shares, Berger Paints closed at $12.01, after losing $1.99 with 1,741 units crossing the exchange. Eppley lost 60 cents in closing at $22, with an exchange of 2,600 shares, Eppley Caribbean Property Fund slid $1.99 to $41.01 in trading 390 units, Jamaica Broilers rose 75 cents to $28.25, with investors swapping 1,943 stock units. JMMB Group gained 47 cents to settle at $33, in trading 51,000 shares, Kingston Wharves finished 50 cents higher at $48.50 after a transfer of 1,199 stock units, 138 Student Living shed $1.09 to close at $3.35 in trading 11,000 shares, Proven Investments lost 40 cents to close at $36.50 with 805 units changing hands. Salada Foods settled at $34.01, with a loss of 99 cents after exchanging 100 shares, Scotia Group climbed $1.90 to $44, in swapping 4,422 units, Stanley Motta slipped 41 cents to $5.06, in crossing the market with 4,021 stock units and Supreme Ventures shed 65 cents to close at $16.65, after 34,402 shares cleared the market.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Slippage in TTSE indices

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Trading activity on Tuesday resulted in a modest increase in the volume of stocks changing hands with a higher value than on Monday, at the close of the Trinidad and Tobago Stock Exchange and ended, with the market declining after more stocks declined than gained.
Trading on the Trinidad and Tobago ended with 15 securities changing hands compared to 16 on the previous trading day, with prices of two stocks rising, four declining and nine remaining unchanged.
The Composite Index lost 1.10 points to settle at 1,333.17, the All T&T Index declined 2.09 points to 1,773.98 and the Cross Listed Index slipped 0.01 points to 120.67.
Investors exchanged 222,267 shares, for $3,492,136 compared to 210,894 units at $2,990,086 on Monday.
An average of 14,818 units traded at $232,809 compared to 13,181 at $186,880 on Monday. An average of 12,437 units traded at $290,753 for the month to date versus 12,202 units at $296,471 on Monday. The average trade for December amounted to 14,490 units at $237,988.
The Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and three with lower offers.
Angostura Holdings settled at $15 while exchanging 2,970 shares, Clico Investment Fund shed 5 cents in closing at $25.40 in an exchange of 8,855 stock units, First Citizens Bank lost 14 cents to end at $43.86 after trading 3,180 stock units, FirstCaribbean International Bank fell 4 cents to $7 while exchanging 14,398 shares. Grace Kennedy closed at $3.80 while trading 1,000 stock units, Guardian Holdings closed at $20.54, with 7,163 shares changing hands, JMMB Group advanced 3 cents to $1.98 in the switching of 1,060 units. National Flour Mills closed at $2.60, with 6,143 stock units crossing the market, One Caribbean Media remained at $4.85 in exchanging 125,368 shares, Point Lisas closed at $3.15 trading 500 units. Prestige Holdings gained 40 cents in closing at $8 in trading 100 stock units, Republic Financial Holdings stayed at $136.82 with the swapping of 1,645 units, Scotiabank ended at $57.50 after exchanging 11,877 shares. Unilever Caribbean fell 7 cents to $16.63 in trading  2,347 stocks and West Indian Tobacco closed at $35.40 with the swapping of 35,661 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

All round gains for JSE Main market

The major market indices rose in trading on Monday after investors expended 32 percent fewer funds in trading 11 percent less volume than on Friday at the close of the Jamaica Stock Exchange Main Market after slightly more shares fell than gained.
At the close, the All Jamaican Composite Index advanced 1,389.55 points to 428,311.48, the Main Index rose 1,200.38 points to 390,612.24 and the JSE Financial Index gained just 0.13 points to 100.59.
Trading ended with 48 securities changing hands compared to 44 on Friday and closed with prices of 18 stocks rising, 22 declining and eight remaining unchanged. The PE Ratio averaged 16.6 based on ICInsider.com forecast of 2020-21 earnings.
The market closed with an exchange of 5,906,893 shares for $25,643,760, down from 6,649,726 units at $37,545,320 on Friday. Wigton Windfarm led trading with 48 percent of total volume for 2.83 million shares followed by Pulse Investments, 11.1 percent with 655,714 units and Transjamaican Highway 10.3 percent with 608,465 shares.
Trading for the day averaged 123,060 units at $534,245, compared to an average of 151,130 shares at $853,303 on Friday. Trading month to date averaged 307,009 units at $1,049,528 for each security, in contrast to 326,985 units at $1,105,486 on Friday. Trading in December averaged 455,206 units at $7,774,631.
Investor’s Choice bid-offer indicator reading has nine stocks ending with bids higher than their last selling prices and three with lower offers.
At the close of trading, Berger Paints rose 50 cents to $14, after exchanging 51 shares, Eppley gained 55 cents to end at $22.60 trading 3,851 units. Grace Kennedy closed 45 cents higher at $65, finishing with a transfer of 10,801 shares, Jamaica Broilers shed 89 cents to end at $27.50, with an exchange of 18,995 units, Jamaica Producers advanced by $1.40 to $21, in trading 23,808 stock units. JMMB Group ended 96 cents lower at $32.53, with 51,400 stocks crossing the exchange, Kingston Wharves climbed $1.24 to $48, in switching ownership of 4,055 shares, Mayberry Jamaican Equities shed 64 cents to $7.05 trading 16,542 stocks. MPC Caribbean Clean Energy dropped $12.99 to $137.01, in an exchange of 387 stock units, NCB Financial fell by $1 to $138, with the swapping of 39,251 shares, 138 Student Living lost 45 cents to end at $4.44, with 90 stocks changing hands, Palace Amusement declined by $10.10 to $1,089.90, in exchanging 123 stock units. Pan Jam Investment closed at $68, after losing $2.17 and trading 4,017 shares, Sagicor Real Estate Fund rose 70 cents to $8.95, in a transfer of 250 stocks, Salada Foods advanced to $35, with gains of $1.80 in switching ownership of 44,051 stock units. Scotia Group fell $1.90 to $42.10, exchanging 8,179 shares and Seprod gained 30 cents, ending at $63.80 after 10,198 stocks crossed the exchange.
In the preference segment, Eppley 8.75% preference share lost 50 cents in ending at $6.50 and trading 2,000 stock units and Eppley 7.5% preference share shed $1 to close at $6, after exchanging 1,717 units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Mailpac drops out of IC TOP15 stock listing

Stocks left to languish at depressed prices for months are coming back to life as some investors are now seeing the light of the huge potential profit in Junior Market stocks compared to their senior counter paths in the Main Market.
The Main Market slipped a bit to end the first half of January, with a modest loss but technical indicator points to it heading towards the 460,000 points level on the All Jamaica Composite Index, soon. The Junior Market is up 2.4 percent since the 2020 close and is a few points away from the level reached at the close of March 5 last year, having surpassed the April high, as the bullish golden cross takes full hold on the market to launch a big rally.
During this past week, IC TOP 15 selections MailPac, Caribbean Cream and Jamaican Teas all posted gains with Mailpac hitting a series of record highs this past week and closed at $3.75 up 30.6 percent since the end of 2020 and is now well outside of the 2021 Top 15 list for Junior Market stocks. The stocks still have much room for growth in the year to benefit from a strong increase in revenues. Caribbean Cream posted continued growth in sales for the November quarter and almost doubled profit for the nine months period and increased it by 37.5 percent for the third quarter. The stock gained 50 cents at the close on Friday but traded as high as $5 during the week and moved from fifth spot last week to ninth position on the 2020/21 TOP10 list. Jamaican Teas gained 25 percent since December and seems poised to move higher as interest in the stock grows since the announcement of a three for one stock split late last year. An indication of increased interest is the exchange of 4 million shares on Friday. The stock moved from the fourth position last week to seventh this past week as it gained 24 percent for the week.
Lasco Manufacturing rose in the past week and moved out of the TOP10 Junior Market ranks, with Honey Bun replacing it.
The current TOP 10 report is based on earnings for 2020/21 as there are substantial gains ahead, for many stocks in the listings.
Investors should be on the lookout for new quarterly results with Express Catering and Margaritavillle and should release results this week. Before the month ends, expect results from Caribbean Cement, QWI, NCB Financial, Barita and the three Lasco companies.
The top three stocks in the Junior Market with the potential to gain between 208 to 373 percent are Lasco Financial, followed by Caribbean Producers and Elite Diagnostic. With expected gains of 125 to 315 percent, the top three Main Market stocks are, Berger Paints followed by Grace Kennedy and Jamaica Broilers.
The local stock market’s targeted average PE ratio is 20 based on profits of companies reporting full year’s results, from now to the second quarter in 2021. The Junior and Main markets are currently trading well below the market average, indicating strong gains ahead. The JSE Main Market ended the week, with an overall PE of 16.4 and the Junior Market 14.6, based on ICInsider.com’s projected 2020-21 earnings. The PE ratio for the Junior Market Top 10 stocks average a mere 7.6 at just 52 percent of the market average. The Main Market TOP 10 stocks trade at a PE of 9.2 or 56 percent of the PE of that market.
The average projected gain for the Junior Market IC TOP 10 stocks is 185 percent and 130 percent for the JSE Main Market, based on 2020-21 earnings. IC TOP10 stocks are likely to deliver the best returns up to March 2021 and ranked in order of potential gains, based on likely gain for each company, taking into account the earnings and PE ratios for the current fiscal year. Expected values will change as stock prices fluctuate and result in movements in and out of the lists weekly. Revisions to earnings per share are ongoing, based on receipt of new information.

Persons who compiled this report may have an interest in securities commented on in this report.

Friday’s trading halts falling market Index

Stocks prices declining outpaced those rising by a ratio of two to one at close on Friday, but market activity brought modest relief to the Jamaica Stock Exchange Main Market that has been suffering declines for most of the week.
At the close, the All Jamaican Composite Index advanced 909.45 points to 426,921.93, the JSE Main Index rose 665.72 points to 389,411.86, and the JSE Financial Index gained 0.29 points to close at 100.46.
Trading ended with 44 securities changing hands compared to 43 on Thursday and closed with prices of 10 stocks rising, 20 declining and 14 remaining unchanged. The PE Ratio closed with an average of 16.6 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 49 percent fewer shares than on Thursday as 6,649,726 shares traded for $37,545,320 compared to 12,956,415 units at $60,027,692 on Thursday. Pulse Investments led trading with 37.8 percent of total volume for 2.52 million shares, followed by QWI Investments with 23.4 percent for 1.55 million units and Transjamaican Highway 13.1 percent, with 871,930 units.
Trading for the day averaged 151,130 units at $853,303, compared to 301,312 shares at $1,395,993 on Thursday. Trading month to date averaged 326,985 units at $1,105,486, in contrast to 346,427 units at $1,133,366 on Thursday. Trading in December averaged 455,206 units at $7,774,631.
Investor’s Choice bid-offer indicator reading has ten stocks ending with bids higher than their last selling prices and three with lower offers.
At the close of trading, Caribbean Cement fell by $1.30 to end at $62.20, after 5,041 shares cleared the market, Eppley climbed $2.62 to $22.05, with an exchange of 39,312 shares, Eppley Caribbean Property Fund declined by $5 to end at $43 after trading 9,899 units. First Rock Capital shed 35 cents to close at $12.65, in an exchange of 23,397 shares, Grace Kennedy slid 44 cents to $64.55, with 29,798 stock units changing hands, Jamaica Broilers gained 39 cents to end at $28.39, in trading 2,744 units. Jamaica Producers shed 40 cents to $19.60, with swapping of 204,526 stocks, Jamaica Stock Exchange finished at $18.31, after losing 64 cents and transferring 19,484 units, JMMB Group rose 98 cents to $33.49, with investors swapping 45,098 stocks. Kingston Wharves shed 74 cents to end at $46.76, in switching ownership of 425 units, NCB Financial fell $1 to $139, with 37,390 stock units crossing the market, Palace Amusement dropped $200 in closing at $1,100, with an exchange of 39 units. PanJam Investment fell $1.77 to $70.17, in transferring 1,793 units, Salada Foods ended at $33.20, with a loss of $2.80 trading 21,881 stocks, Scotia Group rose $1 to $44, after exchanging 22,377 shares, Seprod shed 70 cents in closing at $63.50, in an exchange of 10,331 stocks and Stanley Motta settled at $5.45, with gains of 39 cents while exchanging 7,231 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading activity picks up on T&TSE

There was board based trading activity on the Trinidad and Tobago Stock Exchange on Friday, with the number of securities traded jumping well over Thursday’s level after investors traded 47 percent fewer shares with values dropping 76 percent than on Thursday.

Trinidad & Tobago Stock Exchange Head Quarters

Trading ended with 20 securities changing hands, up from 14 on Thursday and eight stocks rising, seven declining and five remaining unchanged. The Composite Index lost 0.29 points to 1,331.42, the All T&T Index dropped 10.31 points to 1,776.00, while the Cross Listed Index gained 1.35 points to close at 119.91.
Trading closed with an exchange of 201,264 shares, for $3,068,905 compared to 376,254 units at $12,888,807 on Thursday. An average of 10,063 units traded at $153,445 compared to an average of 26,875 at $920,657 on Thursday. An average of 12,087 units traded at $309,370 for the month to date versus 12,436 units at $336,255. The average trade for December ended at 14,490 units at $237,988.
The Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and two with lower offers.
In trading, Agostini’s slipped 8 cents in closing at $23.90, with just one share in crossing the market, Clico Investment Fund ended at $25.45 with an exchange of 685 shares, Endeavour Holdings shed 25 cents in closing at $11.25 after trading 200 units. First Citizens Bank lost 1 cent to close at $43.99, with an exchange of 222 stock units, First Caribbean International Bank ended 1 cent higher at $7.05 trading 1,350 units, Grace Kennedy rose 10 cents to end at $3.80, with 267 units changing hands. Guardian Holdings lost 4 cents to end at $20.50, in exchanging 47,590 units, Guardian Media gained 25 cents to close at $3.25 trading just one unit, JMMB Group finished 3 cents higher at $1.95, after exchanging 65,298 shares. L.J Williams B share shed 5 cents to end at $1.45, in transferring 1,000 units, Massy Holdings ended at $59, with 3,975 stock units changing hands, National Flour Mills advanced 15 cents to $2.45, in switching ownership of 27,000 shares. NCB Financial Group picked up 5 cents to close at $8.30, with an exchange of 1,989 stocks, One Caribbean Media settled at $4.85, after a transfer of 5,295 stock units, Republic Financial Holdings fell $3.25 to $136.75, in trading 1,000 shares. Scotiabank shed 50 cents after ending at $57.50, with 6,781 stock units crossing the market, Trinidad & Tobago NGL rose 39 cents to $15.50, with the swapping of 304 shares, Trinidad Cement gained 5 cents to close at a 52 weeks’ high of $3.40, in exchanging 770 shares. Unilever Caribbean closed at $16.70 after clearing the market with 15,169 stock units and West Indian Tobacco remained at $35.35, in trading 22,367 shares.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Sleepy JSE Main market trading

In a sedate trading session on Thursday, the Main Market of the Jamaica Stock Exchange closed with modest activity, with 15 percent fewer shares changing hands than on Wednesday and ended with modest changes in the market index rising after more stocks advanced than declined.  
At the close, the All Jamaican Composite Index dipped 55.38 points to 426,012.48, the Main Index gained 128.37 points to 388,746.14 and the JSE Financial Index slipped 0.08 points to settle at 100.17.
Trading ended with 43 securities changing hands compared to 42 on Wednesday and closed with prices of 19 stocks rising, 14 declining and 10 remaining unchanged. The PE Ratio closed with an average of 16.9 based on ICInsider.com’s forecast of 2020-21 earnings.
Traders exchanged 12,956,415 shares for $60,027,692 compared to 15,177,464 units at $53,121,465 on Wednesday. Wigton Windfarm led trading with 35.2 percent of total volume for 4.56 million shares, followed by Pulse Investments with 21.9 percent for 2.83 million units, Sagicor Select Financial Fund with 9.9 percent for 1.28 million units, Eppley 8.9 percent for 1.16 million units and QWI Investments with 1.11 million units for 8.6 percent market share.
Trading for the day averaged 301,312 units at $1,395,993 for each security compared to an average of 361,368 shares at $1,264,797 on Wednesday. Trading month to date averaged 346,427 units at $1,133,366, in contrast to 351,891 units at $1,101,554 on the prior trading day. Trading in December averaged 455,206 units at $7,774,631.
Investor’s Choice bid-offer indicator reading has five stocks ending with bids higher than their last selling prices and six with lower offers.
At the close of business, Berger Paints shed 57 cents to settle at $13.50 after trading 35,788 shares, Caribbean Cement rose $3.35 to $63.50, with 2,890 stock units crossing the market, Eppley dropped $2.21 to $19.43, after exchanging 1,156,045 stock units, Eppley Caribbean Property Fund climbed $7 to close at $48, in trading 2,439 units. Jamaica Broilers rose 49 cents to $28 after crossing the market with 3,423 shares. Jamaica Producers gained 23 cents to end at $20, with an exchange of 6,713 units, Jamaica Stock Exchange shed 35 cents to settle at $18.95, trading 1,166 stock units, JMMB Group shed 49 cents in closing at $32.51, with 127,806 shares changing hands. Kingston Properties rose 50 cents to $7.25, in exchanging 1,000 units, Kingston Wharves gained 35 cents to $47.50 in exchanging 1,100 shares. MPC Caribbean Clean Energy dropped $7.47 to $150 after transferring 250 units, NCB Financial rose 50 cents to $140, trading 12,328 stocks. Pan Jam Investment advanced $5.84 to $71.94, with 270 units changing hands, Scotia Group gained 50 cents to close at $43 after exchanging 7,800 stock units and Seprod climbed $2.20 to $64.20, in trading 13,586 shares.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE Main Market drops on Tuesday

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.