The Jamaica Stock Exchange Main Market ended trading on Thursday, with the market declining after more stocks fell than rose after investors exchanged 50 percent fewer shares than on Wednesday.
At the close, the All Jamaican Composite Index shed 1,900.02 points to settle at 401,910.62, the Main Index declined by 1,720.64 points to close at 366,825.76 and the JSE Financial Index shed 0.39 points to settle at 96.76.
Trading ended with 43 securities changing hands compared to 43 on Wednesday and closed with the prices of 14 stocks rising, the prices of 21 declining and eight remaining unchanged and the average PE Ratio of the market ended at 15.3 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 11,372,477 shares for $74,529,571 compare to 22,689,448 units at $201,190,246 on Wednesday.
Wigton Windfarm led trading with 5.58 million shares for 49 percent of total volume followed by QWI Investments with 2.11 million units for 18.5 percent of the day’s trade and Transjamaican Highway with 1.33 million units for 11.7 percent market share.
Trading ended with an average of 264,476 units changing hands at $1,733,246 for each security, in comparison to an average of 527,662 shares at $4,678,843 on Wednesday. The average trade for the month to date ended at 441,102 units at $2,920,753 for each security, in contrast to 451,449 units at $2,990,321. 
Trading month to date is well ahead of July with an average of 392,128 shares for $2,444,356.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows nine stocks ended with bids higher than their last selling prices and four with lower offers.
At the close of the market, Barita Investments dropped 90 cents to close at $53.20, with 5,447 stock units crossing the market, Caribbean Cement advanced $3.63 in ending at $47.63 while exchanging 3,967 shares, First Rock Capital shed 40 cents to close at $12.50 with investors switching ownership of 1,997 units. Grace Kennedy carved out a gain of $1.44 in closing at $56.45, with an exchange of 3,254 shares, Jamaica Broilers Group fell 80 cents to $24 with 62,057 stock units changing hands, Jamaica Producers Group advanced $1 to end at $21 in trading 414 units. Jamaica Stock Exchange lost $1.47 to end at $17.53 after trading 46,764 units, 
JMMB Group carved out a loss 50 cents to close at $30, with 44,422 stocks crossing the market, Kingston Properties shed 40 cents in closing at $7.20 with an exchange of 169 stock units. Kingston Wharves rose 95 cents to close at $50 in exchanging 572,067 stocks, NCB Financial Group dropped $3.97 to end at $136.01 after trading 158,851 shares, Palace Amusement dropped by $50 in closing at $1700 crossing the market one stocks. PanJam Investment gained $6 to end at $71 in trading 1,520 stocks, Proven Investments advanced 40 cents to $36.50 with investors swapping 20,001 stock units, Sagicor Group shed 50 cents to close at $45 after exchanging 18,139 units. Scotia Group dropped by $2.50 in ending at $47, with an exchange of 112,320 shares and Victoria Mutual Investments gained 40 cents and closed $6.90, with investors switching ownership of 117,840 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Transjamaican Highway led trading with 11.06 million shares for 48.8 percent of total volume followed by Sagicor Real Estate Fund with 5.38 million units for 23.7 percent of the day’s trade, QWI Investments with 1.55 million units for 6.8 percent market share and Wigton Windfarm ended with 1.17 million shares changing hands for 5 percent of total shares changing hands.
Eppley Caribbean Property Fund gained 50 cents to end at $50 after 6,411 units passed through the market, Grace Kennedy carved out a loss $1.48 to settle at $55.01, with 99,348 stocks passing through the market, Jamaica Broilers Group gained $1.30 to end at $24.80 in exchanging 6,351 stock units. Jamaica Stock Exchange lost 80 cents to settle at $19 after 23,485 stocks crossed the exchange, MPC Caribbean Clean Energy shed $5 to close at $150 in an exchange of 66 shares, NCB Financial Group gained $1.48 in closing at $139.98, trading 728,385 stocks. Proven Investments dropped by $1.90 in closing at $36.10, with 700 stock units changing hands, Sagicor Group gained $1.45 to close at $45.50, after 266,558 stocks passed through the market, Scotia Group jumped $4.50 to close at $49.50 with an exchange of 36,229 stock units and Seprod advanced by $2.99 in closing at $54 and exchanging 7,026 shares.
Transjamaican Highway was the only other stock to exceed a million shares and ended with 2.12 million units changing hands.
Jamaica Producers Group lost 50 cents to close at $20 with investors swapping 2,147 shares, JMMB Group climbed 44 cents to $30.47 while exchanging 20,425 stock units. Key Insurance shed 70 cents to close at $7.69 and finished trading 75,312 stocks, NCB Financial Group carved out a loss 50 cents in closing at $138.50 while 207,362 stock units changed hands, 138 Student Living carved out a loss 32 cents to close at $5.50 after exchanging 330,439 shares. Proven Investments rose $2 to end at $38 in trading 37,208 stocks. Scotia Group lost 51 cents to end at $45, with 282,290 stock units passing through the market and Seprod declined $3.49 to settle at $51.01 in exchanging 290,603 shares.
At the close, the All Jamaican Composite Index jumped by 4,343.31 points to 407,868.96, the JSE Main Index climbed 4,093.95 points to end at 372,193.08, the JSE Financial Index rose 2 points to settle at 98.52.
Sagicor Select Financial Fund with 1.3 million units or 10.8 percent of overall trade and QWI Investments with 1.2 million stock units for 10 percent of stocks trading.
Eppley jumped $3.18 to settle at 52 weeks’ high of $21 with an exchange of 40,535 units. Jamaica Broilers Group carved out a gain of $2 to close at $25 while trading 2,197 stocks, Jamaica Producers Group fell $2.48 to end at $20.50 with investors swapping 193,306 units, JMMB Group dropped by $1.27, in ending at $30.03 after 24,388 stocks passed through the market. Mayberry Jamaican Equities lost 46 cents in closing at $8.29, with 153 units changing hands, MPC Caribbean Clean Energy gained $2.99 to end at $155, after an exchange of 1,587 units, PanJam Investment declined $3 to end at $65 and cleared the market with 11,980 stock units. Proven Investments climbed $1.90 to $36 after trading 23,024 shares, Scotia Group carved out a loss $2.49 to end at $45.51 with investors switching ownership of 245,287 stock units and Wisynco Group fell 40 cents to close at $16.50 while exchanging 17,470 stocks.
Trading for the day ended with an average of 229,432 units changing hands for the day at $1,207,987 for each security, in comparison to an average of 441,246 shares at $1,282,200 on Thursday. The average trade for the month to date ended at 460,700 units at $2,591,884, in contrast to 479,152 units at $2,702,302. Trading month to date compares adversely to July with an average of 392,128 shares for $2,444,356.
Jamaica Stock Exchange fell 35 cents to settle at $20.14 with 3,815 stock units traded, JMMB Group advanced 60 cents to close at $31.30 with investors switching ownership of 38,865 units, Kingston Properties finished 40 cents higher at $7.60 with 250 stock units changing hands. Kingston Wharves declined by 90 cents to end at $49.10 with an exchange of 3,134 units, NCB Financial Group increased by $1 to close at $139, with 30,821 stocks traded, PanJam Investment climbed $3.50 to end at $68 with investors transferring 932 stock units. Proven Investments carved out a loss of $1.75 to finish at $34.10 with 40,514 stock units changing hands, Scotia Group climbed $1.75 to settle at $48 in the exchange of 27,903 stock units, Seprod dropped 50 cents to end at $54.50 with 5,874 stock units traded and Wisynco Group carved out a loss of 50 cents to close at $16.90 with 48,649 stock units crossing the exchange.
At the close, the All Jamaican Composite Index dropped by 223.64 points to settle at 401,551.48, the Main Index declined by 383.35 points to end at 366,312.01, the JSE Financial Index lost 0.10 points to settle at 95.85.
Trading ended with an average of 441,246 units changing hands at $1,282,200 for each security, in comparison to an average of 871,770 shares at $7,874,805 at the close on Wednesday. The average trade for the month to date ended at 479,152 units at $2,702,302 for each security, in contrast to 482,123 units at $2,813,629. Trading month to date compares well, with a July average of 392,128 shares for $2,444,356.
Key Insurance declined by 30 cents in closing at $8.09 with investors swapping 4,549 stock units, Kingston Wharves gained $1 to close at $50 after trading at 4,058 shares, Mayberry Investments rose 39 cents to end at $6 and crossing the exchange, with 424,095 stocks. Mayberry Jamaican Equities advanced 46 cents to $8.75, after exchanging 250 shares, Palace Amusement rose $198 to settle at $1750, with 33 units clearing the market, PanJam Investment fell 50 cents in closing at $64.50 in an exchange of 1,366 shares. Proven Investments increased $1.83 to settle at $35.85 in exchanging 3,100 stocks, Seprod carved out a gain of 85 cents to end at $55, after 9,670 shares passed through the market and Wisynco Group increased 85 cents to end at $17.40 in exchanging 9,404 stock units.
At the close, the All Jamaican Composite Index lost 1,637.5 points to settle at 401,775.12, the Main Index lost 1,462.96 points to end at 366,695.36, the JSE Financial Index shed 0.01 point to close at 95.95.
Also trading over a million units are Pulse Investments with 1.55 million shares and Sagicor Select Financial Fund 1.25 million units.
Kingston Properties gained $1.04 to end at $7.20 in an exchange of174 stocks, Kingston Wharves dropped by $5 to close at $49 changing hands 600 units, NCB Financial Group increased $7 to close at $138 after exchanging 98,898 shares. 138 Student Living declined by $1.18 ending at $5.80 after exchanging 325 units, PanJam Investment fell $7 in ending at $65 and exchanging 205 stock units, Proven Investments lost $1.92 to end at $34.02, with 200 stock units changing hands, Scotia Group increased 50 cents to settle at $46.50 with investors swapping 1,500 units. Seprod lost 85 cents to close at $54.15 with an exchange of 325 units and Wisynco Group dropped by 70 cents in closing at $16.55 after exchanging 50,260 stock units.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows one stock ended with the bid higher than the last selling price and three with lower offers.
Mayberry Jamaican Equities lost 65 cents to end at $8.10 with an exchange of 7,945 shares, MPC Caribbean Clean Energy climbed $11 to $163 in trading just one share, Palace Amusement dropped $138.50 to $1,551.50, with nine units crossing the market. PanJam Investment lost $2 to end at $70 trading 3,160 units, Portland JSX advanced by 38 cents to close at $7.88 with an exchange of 9,700 stocks, Salada Foods rose $3 to $28 in trading 13,594 stock units. Scotia Group gained 95 cents in ending at $45 while exchanging 11,930 stock units and Seprod lost 99 cents to end at $54 and crossing the exchange with 26,126 stocks.
Trading ended with an average of 468,316 units changing hands, for the day at $5,144,3583 for each security, in comparison to an average of 909,763 shares at $3,152,673 on Thursday. The average trade for the month to date, ended at 409,246 units at $2,120,026, for each security, in contrast to 401,777 units at $1,737,639 on Thursday. Trading month to date compares well to July, with an average of 392,128 shares for $2,444,356.
Jamaica Producers increased 90 cents to end at $22.90 and finishing with 8,565 shares changing hands, Jamaica Stock Exchange lost 54 cents to close at $20 in trading 130,275 stock units. JMMB Group rose $1.15 to settle at $31.15, trading 23,103 shares, Key Insurance gained 92 cents to end at $7.99 in exchanging 19,577 stock units, MPC Caribbean Clean Energy carved out a gain of $2 in ending at $152 and finishing trading of 800 stock units. Palace Amusement dropped $93.83 to close at $1,690 with investors switching ownership of 10 units, PanJam Investment jumped $3.50 to $72 with an exchange of 86,201 stock units, Proven Investments carved out a gain of 21 cents to close at $34.01 in trading 12,430 stock units. Scotia Group carved out a loss $1.95 in ending at $44.05 in exchanging 102,735 shares, Seprod climbed 99 cents to $54.99, with 7,744 stocks changing hands and Wisynco Group lost 29 cents to end at $17.50 clearing the market with 177,442 stock units.
Trading ended with an average of 909,763 units changing hands for the day at $3,152,673 for each security, in comparison to an average of 152,000 shares at $1,199,070 on Wednesday. The average trade for the month to date ended at 401,777 units at $1,737,639 for each security, in contrast to 330,159 units at $1,538,143 on Wednesday. Trading month to date compares well to July with an average of 374,929 units at $2,445,605 (392,128 shares for $2,444,356.
Kingston Wharves climbed 50 cents to $53, with just 2,071 units passing through the market, Mayberry Investments carved out a loss 75 cents to settle at $5.15 in an exchange of 19,239 shares, Mayberry Jamaican Equities dropped by 45 cents to close at $8.75 with investors wapping 152,360 units. NCB Financial climbed $7.88 trading 65,722 stock units at $137.90, PanJam Investment rose $1.75 to end at $68.50, with 11,860 shares changing hands, Proven Investments dropped $1.90 in ending at $33.80, with 2,500 stocks passing through the market. Sagicor Group increased by $4 to close at $44 in exchanging 682,448 stocks, Salada Foods shed $2 to settle at $25 after exchanging 42,000 units, Scotia Group dropped $1.73 to end at $46 in an exchange of 3,707 stocks. Seprod lost $2.24 to close at $54 in an exchange of 16,518 stocks, Stanley Motta rose 38 cents to settle at $5.13 with investors switching ownership of 37 shares, Supreme Ventures lost 65 cents to end at $14.50 with investors trading 152,771 shares. Victoria Mutual Investments declined by 37 cents to $6.57 with 69,669 stock units changing hands and Wisynco Group gained 58 cents to end at $17.79, with 11,650 stocks clearing the market.
