The Jamaica Stock Exchange main market closed down on Wednesday, with advancing outpaced by declining stocks for the second consecutive day as some investors seek cash to buy into a new IPO that is on offer in the market.
The market ended, with 36 securities trading in the main and US dollar markets, leading to 11 advancing, 15 declining and 10 trading to close with no price change, compared to 35 securities trading on Tuesday.
The All Jamaican Composite Index declined by 560.38 points to close at 568,175.92, the JSE Index shed 594.41 points to 517,224.50 and the JSE Financial Index rose 0.24 points to end at 141.83.
Market activity led to 50,725,660 units valued at $109,446,038 changing hands, in contrast to 25,607,960 units valued at $336,490,907 crossing the main market on Tuesday.
Wigton Windfarm led trading with 30.8 million shares for 61 percent of total volume, followed by Sagicor Select Fund with 10.4 million units accounting for 21 percent of the day’s trade and JMMB Group 7.5% preference share with 6.7 million shares for 12 percent of the main market’s volume.
Trading closed with an average of 1,449,305 units valued at an average of $3,127,030 for each security traded. In contrast to 800,249 units valued at an average of $10,515,341 on Tuesday, for each security traded on Friday. The average volume and value for the month to date amounts to 81,431 shares valued at $7,254,739 for every security traded, compared to 696,737 shares valued at $7,854,199 for each security traded. The market closed out August with an average of 1,743,431 units valued at $9,907,963 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 12 stocks ending with bids higher than their last selling prices and 4 with lower offers.
In main Market activity, Berger Paints lost 50 cents to settle at $18.50 with 19,976 shares crossing the exchange, Caribbean Cement dived $1.01 to settle at $79 with 94,318 shares changing hands, Eppley lost $2 to settle at $14 with 702 shares changing hands, Eppley Caribbean Property traded 450 shares and lost $3 to close at a low of $43. Grace Kennedy rose $1.75 to end at $69.75 trading 72,257 shares, Jamaica Producers gained 49 cents to settle at $24 trading 4,353 shares, 
Jamaica Stock Exchange gained $1 to settle at $26 with 15,234 shares changing hands. JMMB Group added $1.45 to settle at $49.45 with an exchange of 39,868 units, NCB Financial slipped $1.95 to end at $212.05, with an exchange of 65,234 stock units, Pulse Investments lost 50 cents to close at $2.90 while just 2,400 shares were exchanged, Sagicor Group exchanged 21,005 shares after declining by 35 cents to end at $72.50, Sygnus Credit Investments gained 40 cents in trading 67,351 shares at $22 and Wisynco traded 290,312 shares but lost $2.501 to close at $22.
Trading in the US securities market resulted in 1,000,000 units valued at US$150,000 changing hands with Sygnus Credit Investments being the sole stock trading to close at 15 US cents. The JSE USD Equities Index rose 0.09 points to end at 194.45.
Junior Market suffers sharp drop – Wednesday
Prices declined across the Junior Market of the Jamaica Stock Exchange on Wednesday with 31 securities changing hands and leading to the prices of 4 securities advancing, 20 falling and 7 remaining unchanged with the Junior Market Index diving 72.87 points to 3,441.82.
Investors exchanged 2,691,652 shares valued at $16,496,761.57 compared to 2,931,663 units valued at $14,603,294 trading from 29 securities on Tuesday. The selloff in the market that comes with the release of the prospectus on Monday for the sale of shares in QWI Investments, is consistent with recent trends as some investors seek funds to invest new share issue.
Trading ended with an average of 86,827 units for an average of $532,154 in contrast to 101,092 units for an average of $503,562 on Tuesday. The average volume and value for the month to date amounts to 1,967,767 units valued at $4,243,153 and previously 2,255,004 units valued at $4,809,858 for each security traded. In contrast, August ended with an average of 232,398 units valued at $1,072,851 for each traded security.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 9 stocks ended with bids higher than their last selling prices and 1 closing with a lower offer.
Stocks closing with price changes| Blue Power ended with a loss of 1 cent at $8.85 with 20,336 stock units changing hands, CAC 2000 closed with a loss of 50 cents at $14.50, swapping 31,459 shares, Caribbean Flavours shed $2.25 in trading 10,000 units to close at a 52 weeks’ low of $12.75. Cargo Handlers closed trading of 164 units and gained 45 cents to end at $9.45, Consolidated Bakeries ended with a loss of 1 cent at $1.98 with 2,049 stock units changing hands, Derrimon Trading dipped 5 cents in trading of 3,153 units at $2.50. Everything Fresh ended trading with 70,439 shares, after rising 5 cents to end at $1.45, Elite Diagnostic closed with a loss of 70 cents at $5.30 in swapping of 6,000 shares, Fontana lost 20 cents trading 186,108 units at $7.60, Fosrich ended market activity exchanging 172,678 shares to close at $4.95 after falling 35 cents. General Accident fell 74 cents trading of 3,302 units at $5.63, Honey Bun fell $1.05 trading of 600 units to close at $5.60, iCreate lost 3 cents exchanging 12,083 units at 80 cents, Indies Pharma lost 5 cents in trading of 41,565 units at $3.50. 
Jamaican Teas closed 47 cents higher at a 52 weeks’ closing high of $7.97, with 629,009 stock units changing, hands, Jetcon Corporation shed 4 cents in trading of 81,058 units to end at $2.15, Limners and Bards lost 3 cents in trading 382,871 shares to close at $2.97. Lasco Distributors lost 19 cents in swapping 1,723 shares to close at $3.15, Lasco Financial ended trading with 717 shares, after rising 27 cents to end at $5.28, Lasco Manufacturing shed 58 cents in trading of 3,500 units at $5.11, Main Event ended market activity exchanging 156,203 shares to close at $6.50 after falling 2 cents. Paramount Trading exchanged 10,000 shares to close at $1.78 after falling 22 cents, Stationery and Office Supplies ended with a loss of 1 cent at $12.50 with 57,593 stock units changing hands and tTech lost 1 cent to close at $5 with 1,000 stock units changing hands.
Prices of securities trading for the day are those at which the last trade took place.
51% of JSE main market stocks fall
The Jamaica Stock Exchange main market closed higher on Tuesday, with advancing outpaced by declining stocks two to one.
The market ended, with 35 securities trading in the main and US dollar markets, leading to 8 advancing, 18 declining and 9 unchanged, compared to 37 securities trading on Friday.
The All Jamaican Composite Index advanced 944.53 points to close at 568,736.30, the JSE Index gained 594.41 points to 517,224.50 and the JSE Financial Index rose 1.06 points to end at 141.59.
Market activity lead to 25,607,960 units valued at $336,490,907 changing hands, in contrast to 25,996,401 units valued $339,872,230 crossing the main market on Monday.
Supreme Ventures led trading with 10 million shares for 39 percent of total volume, followed Wigton Windfarm with 7 million units accounting for 27 percent of the day’s trade and Sagicor Select Fund with 6.7 million shares for 26 percent of the main market’s volume as the price closed at an all-time low of $1.17.
Trading closed with an average of 800,249 units valued at an average of $10,515,341 for each security traded. In contrast to 764,600 units for an average of $9,996,242 on Monday, for each security traded on Friday. The average volume and value for the month to date amounts to 696,737 shares valued at $7,854,199 for every security traded, compared to 683,161 shares valued at $7,446,752 for each security traded. The market closed out August with an average of 1,743,431 units valued at $9,907,963 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 12 stocks ending with bids higher than their last selling prices and 8 with lower offers.
In main market activity, Berger Paints lost $1.60 to settle at $19 with 8,200 shares crossing the exchange, Caribbean Cement dived $4.99 to settle at $80.01 with 23,040 shares changing hands, Grace Kennedy lost 40 cents to end at $68 with 15,689 shares changing hands. Jamaica Broilers climbed $1 to settle at $34 with 38,062 shares changing hands, Jamaica Producers lost $1.49 to settle at $23.51 trading 17,342 shares, Jamaica Stock Exchange declined 50 cents to settle at $25 with 105,815 shares changing hands. JMMB Group lost 25 cents to settle at $48 with an exchange of 53,449 shares, Kingston Properties lost 35 cents to end at $5.62, in trading 10,200 stock units, Kingston Wharves traded 3,368 shares but dropped 99 cents in closing at $63.01. 
Mayberry Jamaican Equities dropped $1.10 to end at $12, trading 17,374 shares, NCB Financial climbed $2 to end at $214, trading 58,922 shares, Sagicor Group exchanged 26,619 stock units after gaining 85 cents to end at $72.85. Scotia Group traded 6,652 shares but fell $1 to $56.50, Seprod declined by $3.99 to settle at $51.01 with 44,831 shares changing hands, Sygnus Credit Investments rose 34 cents in trading 190,609 shares at $21.60 and Wisynco traded 161,584 shares and gained $1 to close at $24.50.
Trading in the US securities market resulted in 235,741 units valued at US$36,978 changing hands with JMMB Group 6% preference share with 1,550 units and lost 2 cents to close at US$1.02, Proven Investments rose by 1 cent in closing at 26 US cents in exchanging 4,258 shares and Sygnus Credit Investments trading 229,933 shares at 15 US cents after adding one cent. The JSE USD Equities Index rose 1.48 points to end at 194.36.
Junior Market slips again – Tuesday
Jamaican Teas jumped to trade at an all-time high of $8 on Tuesday.
The Junior Market of the Jamaica Stock Exchange closed on Tuesday with 29 securities changing hands with an exchange of 2,931,663 units valued at $14,603,294 compared to 2,753,477 units for $12,406,027 from 30 securities on Monday.
At the close of market activities, the prices of 12 securities advanced, 13 declined and 4 remained unchanged with the Junior Market Index declining 6.22 points to close at 3,514.69.
Trading ended with an average of 101,092 units for an average of $503,562 in contrast to 91,783 units for an average of $413,534 on Monday. The average volume and value for the month to date amounts to 2,255,004 units valued at $4,809,858 and previously 2,613,989 units valued at $5,527,574 for each security traded. In contrast, August ended with an average of 232,398 units valued at $1,072,851 for each traded security.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 6 stocks ended with bids higher than their last selling prices and 4 closing with lower offers.
Stocks closing with price changes| AMG Packaging shed 23 cents in trading of 35,000 units to close at $2.02, Blue Power closed trading of 81,087 units and gained 37 cents to end at $8.86, Caribbean Flavours ended with a loss of $1 at $15 with 7,505 stock units changing hands. Consolidated Bakeries closed trading of 200 units and gained 28 cents to end at $1.99, Dolphin Cove added 75 cents and closed at $11.75, with 3,000 stock units trading, Derrimon Trading lost 15 cents in trading 130,209 units at $2.55. Express Catering lost 40 cents in trading 296,660 shares to close at $6.50, Everything Fresh climbed 3 cents and exchanged 98,733 shares in finishing at $1.40, Elite Diagnostic declined by 20 cents in trading of 127,614 units at $6, Fosrich traded 116,983 shares, after rising 3 cents to end at $5.30. Fontana lost 20 cents in trading of 418,330 units at $7.80, General Accident lost 2 cents in exchanging 8,000 shares to close at $6.37, GWest Corporation shed 5 cents trading of 41,544 units at $1.25, Honey Bun closed trading of 15,488 units and gained 15 cents to end at $6.65. iCreate ended trading with 1,695 shares, after rising 8 cents to end at 83 cents, Indies Pharma lost 5 cents in trading 22,854 units at $3.55, Iron Rock Insurance climbed 8 cents and exchanged 85,662 shares at $3.48. Jamaican Teas gained $1.20 to end at $7.50, after trading at an intraday high of $8 and trading 73,828 shares. 
The company’s subsidiary, QWI Investments released the prospectus after closing on Monday and it provided information that shareholders of Jamaica Teas, are entitled to buy shares at a preferential price. Jetcon Corporation closed 9 cents higher at $2.19, with 75,062 stock units trading, Knutsford Express fell 50 cents in trading of 2,496 units at $11, Lasco Distributors ended with a loss of 1 cent at 3.34 with 149,874 stock units changing hands. Lasco Financial closed trading of 10,700 units and gained 29 cents to end at $5.01, Lasco Manufacturing ended trading with 137,702 shares, after rising 9 cents to end at $5.69, Main Event declined by 48 cents to settle at $6.52 after exchanging 1,122 units and Stationery and Office Supplies declined by 32 cents to settle at $12.51 trading 37,100 shares.
Prices of securities trading for the day are those at which the last trade took place.
12 all for JSE main market stocks – Monday
The Jamaica Stock Exchange main market closed lower on Monday, with advancing and declining stocks being equal as recently listed Eppley Property Fund, closed at the lowest point since listing.
The market ended, with 37 securities trading in the main and US dollar markets, leading to 12 gaining, 12 declining and 13 with no price change, compared to 37 securities trading on Friday.
The All Jamaican Composite Index dropped 3,282.91 points to end at 567,791.77, the JSE Index declined by 2,986.09 points to close at 516,963.09 and the JSE Financial Index fell 1.49 points to end at 140.53.
Market activity lead to 25,996,401 units valued $339,872,230 changing hands, in contrast to 14,157,264 units valued at $123,207,133 crossing the main market on Friday.
Wigton Windfarm led trading with 14 million shares for 54 percent of total volume, followed JMMB Group with 4.8 million units accounting for 18 percent of the day’s trade and Sagicor Select Fund with 3.7 million shares for 14 percent of the main market’s volume.
Trading closed with an average of 764,600 units valued at an average of $9,996,242 for each security traded. In contrast to 404,493 units for an average of $3,520,204 on Friday for each security traded on Friday. The average volume and value for the month to date amounts to 683,161 shares valued at $7,446,752 for every security traded, compared to 803,971 shares valued at $6,951,422 for each security traded. 
The market closed out August with an average of 1,743,431 units valued at $9,907,963 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 6 stocks ending with bids higher than their last selling prices and 8 with lower offers.
In main Market activity, Berger Paints climbed 60 cents to settle at $20.60 with 13,200 shares crossing the exchange, Caribbean Cement climbed $4 to settle at $85 with 12,500 shares changing hands, Eppley Caribbean Property Fund lost $1 to end at a 52 weeks’ low of $46 with trading of 2,000 shares. Grace Kennedy lost $1.60 to end at $68.40 with 31,904 stock units changing hands. JMMB Group lost 25 cents to settle at $49.50 with an exchange of 4,761,853 shares, Jamaica Producers gained $1 to settle at $25 trading 21,981 shares, Mayberry Investments climbed 50 cents to settle at $9.50 with 24,200 shares changing hands. 
Mayberry Jamaican lost 40 cents to end at $13.10, trading 7,505 shares, Panjam Investment fell 50 cents to end at $101.50, trading 9,642 shares, Proven Investments gained 40 cents to end at $37.50, trading 5,708 shares, Seprod declined by $2 to settle at $55 with 4,745 shares changing hands, Supreme Ventures ended with a rise of $1 to $27 with 35,776 stock units trading and Sygnus Credit Investments lost 64 cents in trading 128,354 shares at $21.26.
Trading in the US securities market resulted in 154,913 units valued at over $47,764 changing hands with JMMB Group 6% preference share exchanging 14,000 units and rising 3 cents to close at US$1.04, Proven Investments rose slightly in closing at 25.01 US cents in exchanging 113,713 shares and Sygnus Credit Investments trading 27,200 shares at 14 US cents after falling by a cent. The JSE USD Equities Index lost 1.17 points to end at 192.88.
Junior Market slides on lower volume
The Junior Market of the Jamaica Stock Exchange closed on Monday with 30 securities changing hands, resulting in an exchange of 2,753,477 units valued at $12,406,027 compared to 6,535,788 units valued at $30,540,149 on Friday.
At the close of market activities, the prices of 11 securities advanced, 16 declined and 3 remained unchanged with the Junior Market Index declining 25.29 points to close at 3,520.91.
Trading ended with an average of 91,783 units for an average of $413,534 in contrast to 242,066 units for an average of $1,131,117 on Friday. The average volume and value for the month to date amounts to 2,613,989 units valued at $5,527,574 and previously 3,139,449 units valued at $6,592,999 for each security traded. In contrast, August ended with an average of 232,398 units valued at $1,072,851 for each traded security.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 7 stocks ended with bids higher than their last selling prices and 4 closing with lower offers.
Stocks closing with price changes| AMG Packaging ended market activity exchanging 315,138 shares to close at $2.25 after falling 5 cents, Blue Power gained $1.49 to end at $8.49, trading 4,982 shares, Cargo Handlers declined 25 cents in trading of 1,151 units at $9, Caribbean Cream dropped $1.15 to settle at $4.35 with 16,000 shares changing hands. Consolidated Bakeries ended market activity exchanging 1,370 shares to close at $1.71 after falling 28 cents, Derrimon Trading exchanged 374,613 units and gained 20 cents to end at $2.70, Express Catering ended with 14,100 shares changing hands to close at $6.90 after falling 10 cents. Everything Fresh gained 1 cent to end at $1.37, after trading 91,679 shares, Elite Diagnostic exchanged 155,002 shares to close at $6.20 after falling 30 cents, Fosrich closed 42 cents higher at $5.27, with 29,150 stock units trading, Fontana ended market activity exchanging 311,985 shares to close at $8 after falling 53 cents. General Accident closed trading of 112,000 units and gained 84 cents to end at $6.39, Gwest Corporation closed trading of 5,271 units and gained 9 cents to end at $1.30, Honey Bun declined 50 cents to settle at $6.50 while 70,100 shares, were exchanged, iCreate declined 8 cents to 75 cents trading of 90,942 units. Indies Pharma closed trading of 142,496 units after gaining 26 cents to end at $3.60, Iron Rock Insurance closed with a loss of 70 cents at $3.40, after swapping 7,200 shares, Jamaican Teas climbed 20 cents and exchanged 102,303 shares at $6.30. 
Key Insurance climbed 25 cents and traded 100 shares at $3.25, KLE Group closed 5 cents higher at $2, with 4,781 stock units changing hands. Lasco Distributors declined by 15 cents to settle at $3.35 as investors exchanged 27,321 shares, Lasco Financial dropped 78 cents in trading of 118,051 units to close at $4.72, Lasco Manufacturing declined 10 cents in trading of 201,445 units to finish at $5.60. Main Event shed 10 cents in trading of 3,400 units at $7, Medical Disposables closed with a loss of $2.50 at $5.60 after swapping of 20,000 shares, Stationery and Office Supplies lost 16 cents trading of 8,121 units to end at $12.83 and tTech ended market activity exchanging 42,000 shares to close at $6 after falling 55 cents.
Prices of securities trading for the day are those at which the last trade took place.
Big surprise entry to IC TOP 10
IC TOP 10 BUY RATED main market stocks got a surprise entry as MPC Caribbean Energy surged into the top list for the first time to sit at fourth position at the expense of Seprod.
There was no other change in the main market list but the Junior Market IC Insider.com TOP 10 had two new entrants with CAC 2000 returning after a week’s absence, along with Dolphin Cove. They replaced Access Financial and Express Catering with the prices of both moving higher by the end of the week.
MPC is making the top list after the company reported profit of US$126,746 or the June quarter before the company’s investment in the solar plant in Westmoreland, Jamaica, starts contributing full quarterly revenues and profit.
The three most attractive Junior Market stocks are Caribbean Producers with projected gains of 233 percent, followed by Iron Rock with likely gains of 200 percent and General Accident with projected gains of 188 percent.
Radio Jamaica inched to $2.13 at the close of the week leaving it with projected gains of 135 percent and the leading main market stock with the highest likely gains followed by Carreras with projected gains of 112 and Berger Paints with projected gains of 110 percent after the stock closed the week at $20.
The main market closed the week with the overall PE of 18.3 and the Junior Market remains at 12.1 current year’s earnings. The PE ratio for Junior Market Top 10 stocks averages 8.4 and the main market PE is now 10.2. These levels, point to big upside for TOP 10 stocks to the end of March next year and Junior Market stocks in particular as they lag, the values of the main market by a third.
The TOP 10 stocks now trade at an average discount of 34 percent to the average for the Junior Market Top stocks and main market stocks trade at a discount of 44 percent to the overall market.
TOP 10 stocks are likely to deliver the best returns to March next year. Projected earnings, for each company’s current fiscal year, are used in determining, the selected stocks. 
The PE for and projected earnings for each stock are computed to show potential gains for the year, which are ranked in descending order. Potential values will change as stock prices fluctuate and will result in movements of the selection in and out of the lists for most weeks. Earnings per share are revised on an ongoing basis as new information is received that can result in changes in and out of the list.
This report is compiled by persons who may have an interest in the securities commented on.
JSE main market rises – Friday
The Jamaica Stock Exchange main market moved higher on Friday, with declining stocks just edging out advancing ones.
The market ended, with 37 securities trading in the main and US dollar markets, leading to 13 advancing, 14 declining and 10 trading firm, compared to 37 securities trading on Thursday.
The All Jamaican Composite Index climbed 2,830.80 points to close at 571,074.68, the JSE Index added 2,570.52 points to end at 519,949.18 and the JSE Financial Index rose 1.65 points to end at 142.02.
Market activity lead to 14,157,264 units valued at $123,207,133 changing hands, in contrast to 9,158,146 units valued $118,719,755 crossing the main market on Thursday.
Wigton Windfarm took over volume leadership by trading 8.4 million shares for 59 percent of total volume, Sagicor Select Fund followed with 2 million units accounting for 14 percent of the day’s trade and Jamaica Stock Exchange with 1.1 million shares for 8 percent of the main market’s volume.
Trading closed with an average of 404,493 units valued at an average of $3,520,204 for each security traded. In contrast to 261,661 units for an average of $3,391,993 for each security traded on Friday. The average volume and value for the month to date amounts to 803,971 shares valued at $6,951,422 for every security traded, compared to 903,841 shares valued at $7,809,227 for each security traded. 
The market closed out August with an average of 1,743,431 units valued at $9,907,963 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 10 stocks ending with bids higher than their last selling prices and 3 with lower offers.
In the main market activity, Barita Investments dropped $1.04 cents in trading of 17,187 units to close at $74, Caribbean Cement shed $3.59 in trading of 8,641 units and ended at $ 81, Eppley Caribbean Property climbed 82 cents and exchanged 2,574 shares at $47, Eppley lost 96 cents and ended market activity exchanging 1,401 shares to close at $16. Jamaica Broilers exchanged 21,793 shares to close at $33 after falling 2 cents, Jamaica Producers ended with a loss of $1 at $24 with 36,751 stock units changing hands, Jamaica Stock Exchange ended trading 1,102,854 shares, after rising 49 cents to end at $25.50, Kingston Wharves fell $3 trading of 4,949 units in ending at $64. 
Mayberry Jamaican Equities gained $1.50 to end at $13.50 in trading 81,362 shares, NCB Financial gained $6 to end at $212 with 65,907 stock units trading, Proven Investments lost 40 cents with 1,348 units changing hands at $37.10, Scotia Group climbed 50 cents and exchanged 468,933 shares in closing at $57.50. Seprod gained $5 to settle at $57 with 112,958 shares changing hands, Supreme Ventures ended with a loss of $1 at $26 with 180,634 stock units trading, Sygnus Credit Investments rose 90 cents in trading 38,576 shares at $21.90 and Wisynco Group lost 50 cents to close at $23.50 in swapping of 262,368 shares.
Trading in the US securities market resulted in 89,420 units valued US$18,055 changing hands with Proven Investments lost 1 cent in closing at 25 US cents and exchanging 43,420 shares and Sygnus Credit Investments trading 46,000 shares at 15 US cents. The JSE USD Equities Index remained unchanged at 194.45.
Junior Market trading picks up – Friday
Junior Market stock trading.
The Junior Market trading, picked up on Friday, with 6,535,788 units valued at $30,540,149 passing through the market, compared to 3,507,923 units valued at $11,169,576 on Thursday.
At the close of market activities, 27 securities changed hands, down from 32 on Thursday with the prices of 12 advancing, 6 declining and 9 remaining unchanged. The Junior Market Index lost just 2.71 points to close at 3,546.20.
Trading ended with an average of 242,066 units for an average of $1,131,117 in contrast to 109,623 units for an average of $349,049 on Thursday. The average volume and value for the month to date amounts to 3,139,449 units valued at $6,592,999 and previously 3,808,076 units valued at $7,853,433 for each security traded. In contrast, August ended with an average of 232,398 units valued at $1,072,851 for each traded security.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 7 stocks ended with bids higher than their last selling prices and 7 closing with lower offers.
Stocks closing with price changes| AMG Packaging closed 5 cents higher at $2.30, with 170,200 stock units changing hands, Dolphin Cove closed with a loss of 75 cents at $11 in swapping of 34,000 shares, Derrimon Trading closed 1 cent higher at $2.50, with an exchange of 73,986 stock units. Everything Fresh declined 4 cents in trading 62,130 units at $1.36, Elite Diagnostic closed 10 cents higher at $6.50, with 84,957 stock units changing hands. Fosrich declined 54 cents in trading of 3,557,133 units to close at $4.85, Fontana closed 3 cents higher at $8.53, in trading 69,812 stock units, General Accident fell 18 cents in exchanging 5,100 units to close at $5.55, Honey Bun ended trading with 84,892 shares, after rising 19 cents to end at $7. iCreate closed trading of 2,049 units and gained 3 cents to end at $0.83,
Indies Pharma closed with a loss of 35 cents at $3.34, after swapping of 137,682 shares, Jamaican Teas closed trading of 17,039 units and gained 10 cents to end at $6.10, Lasco Distributors closed 20 cents higher at $3.50, with 34,200 stock units changing hands. Lasco Manufacturing climbed 69 cents and exchanged 758,940 shares to close at $5.70, Main Event closed trading of 15,714 units and gained 10 cents to end at $7.10. Paramount Trading declined by 20 cents to settle at $2 while 71,000 units were traded, Stationery and Office Supplies rose 49 cents to end at $12.99, trading 654 stock units and tTech closed 75 cents higher at $6.55, with an exchange of 100 stock units.
Prices of securities trading for the day are those at which the last trade took place.
JSE main market dropped – Thursday
The Jamaica Stock Exchange main market fell on Thursday, with the number of advancing and declining stocks being almost even.
The market ended, with 35 securities trading in the main and US dollar markets, leading to the price of 12 advancing, 13 declining and 7 trading firm, compared to 36 securities trading on Wednesday.
The All Jamaican Composite Index lost 1,946.39 points to close at 568,243.88, the JSE Index declined by 1,763.59 points to close at 517,378.66 and the JSE Financial Index slipped 0.03 points to end at 140.37.
Market activity lead to 9,158,146 units valued $118,719,755 changing hands, in contrast to 68,265,038 shares valued at $682,669,316, crossing the main market on Wednesday.
Sagicor Select Fund traded 2.9 million shares for 31 percent of total volume, Wigton Windfarm followed with 2.6 million units accounting for 29 percent of the day’s trade and Carreras with 626,846 for 7 percent of the main market’s volume.
Trading closed with an average of 261,661 units valued at an average of $3,391,993 for each security traded. In contrast to an average of 2,007,795 units at $20,078,509 for each security traded on Wednesday. 
The average volume and value for the month to date amounts to 903,841 shares valued at $7,809,227 for every security traded, compared to 1,117,901 shares valued at $9,281,638 for each security traded. The market closed out August with an average of 1,743,431 units valued at $9,907,963 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 12 stocks ending with bids higher than their last selling prices and just one with a lower offer.
In the main market activity, Barita Investments climbed $2.04 to end at $75.04 with 42,000 stock units trading, Caribbean Cement gained $1.09 to settle at $84.59 with 24,537 shares changing hands Carreras traded 626,846 shares and lost 59 cents to end at $8.21, Jamaica Broilers lost 50 cents trading 183,072 units in closing at $35. Jamaica Producers climbed $26.50 to settle at $1.5 with 24,950 shares changing hands, Jamaica Stock Exchange added $2.01 trading of 44,766 units to close at $25.01, 
JMMB Group ended trading 39,592 shares, after falling 45 cents to end at $49.50, Kingston Wharves ended trading 27,983 shares, after declining 80 cents to end at $67.80. NCB Financial lost $4 to end at $206, in trading 127,004 stock units, PanJam Investment gained $1 to end at $102, in exchanging 86,006 shares, Proven Investments climbed 50 cents and exchanged 4,682 shares at $37.50, Sagicor Group rose $1.90 to sit at $72 after the swapping of 168,576 shares. Scotia Group gained $1.50 in trading of 74,162 shares to close at $57, Seprod declined by $5.80 to end at $52 with 350,263 stock units changing hands and Supreme Ventures rose $1.15 trading 20,145 shares to end at $27.
Trading in the US securities market resulted in 134,077 units valued $32,576 changing hands with Proven Investments closing at 26 US cents and exchanging 113,310 shares and Sygnus Credit Investments trading 20,767 shares at 15 US cents. The JSE USD Equities Index remained unchanged at 194.45.