Trading on the Main Market of the Jamaica Stock Exchange closed with more shares trading at a lower value than on Tuesday and ended with an even number of prices rising as falling, leaving the market indices modestly down.
Trading ended with 40 securities changing hands with the prices of 16 stocks rising, 16 declining and eight securities ended unchanged. At the close, the All Jamaican Composite Index fell 161.12 points to 406,680.20, the JSE Market Index shed 143.95 points to 371,080.85 and the JSE Financial Index lost 0.74 points to end at 95.61.
The average PE Ratio of the Main Market ended at 15.5 based on IC Insider.com’s forecasted 2020-21 earnings.
The market closed with an exchange of 26,057,067 shares accounting for $114,023,224 compared to 16,335,306 units at $134,380,830 on Tuesday.
Pulse Investments led trading with 8 million shares for 31 percent of total volume followed TransJamaican Highway with 6.7 million units for 26 percent of the day’s trade and Wigton Windfarm with 6.4 million units for 25 percent market share. Other stocks trading a million units or more, are 
Sagicor Select Financial Fund with 1.6 million shares and Wisynco Group with 1.07 million units.
The average trade for the day ended at 651,427 units at $2,850,581 in contrast to an average of 398,422 valued at $3,277,581 on Tuesday. An average 804,137 for the month to date at $2,906,412 for each security, in contrast to 373,718 units at $4,445,101. The average volume and value for June was 818,748 units valued at $7,498,303.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the Main market shows 10 stocks ended with bids higher than their last selling prices and 4 with lower offers.
At the close of the market, Caribbean Cement fell $1 to settle at $46.90, with 5,150 units changing hands, First Rock Capital climbed $1.15 to $14.20, in trading 16,289 stock units, Grace Kennedy closed at $57.50, with gains of $2.50 transferring 370,837 shares.
Jamaica Producers Group ended $1.25 higher at $23.75, after exchanging 13,952 units, JMMB Group shed 99 cents to finish at $31, with 75,710 shares crossing the market. Kingston Wharves gained 49 cents to settle at $53.99, in trading 6,202 units, NCB Financial Group fell $1.10 transferring 31,894 stock units and closed at $133, 138 Student Living lost 31 cents to end at $5.99, with 220,446 shares changing hands, Sagicor Group closed 51 cents lower at $45.50 trading 75,759 stock units. Sagicor Real Estate Fund finished at $7.75, after losing 54 cents transferring 258,099 shares, Scotia Group declined $2 to settle at $43, with trades of 131,758 shares and Seprod climbed $1.53 to $51.75, in transferring 21,484 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the close, the All Jamaican Composite Index dropped 1,754.44 points to 406,841.32, the JSE Market Index sank 1,536.62 points to 371,224.80 and the JSE Financial Index gained 0.09 points to 96.35. The average PE Ratio of the Main Market closed at 15 based on IC Insider.com forecasted 2020-21 earnings.
An average of 373,718 units traded for the month to date for $4,445,101 in contrast to 367,724 units at $1,363,982. The average volume and value for June was 818,748 units at $7,498,303.
Jamaica Producers ended at $22.50, having lost $1 in transferring 39,348 units, JMMB Group jumped $1.48 to $31.99, with 67,277 shares crossing the market, MPC Caribbean Clean Energy advanced $4 to close at $172 after trading just 100 units. NCB Financial Group declined $1.40 to $134.10 with an exchange of 393,783 shares, Palace Amusement sustained a loss of $10 to finish at $1,790, after swapping 20 units, PanJam Investment dropped $1 in trading 10,829 stock units and settled at $73. Proven Investments ended with a loss of 44 cents at $33.95, with 1,637 units changing hands and Wisynco Group shed 30 cents to finish at $17.70, in transferring 34,252 shares.
The market closed with an exchange of 60,494 shares, accounting for US$13,212 compared to 176,139 units at $58,052 on Monday.
Market activity ended 439,536 shares valued at $5,553,342 passing through the market, compared to 432,782 shares for $3,520,958 on Monday.
Scotiabank slid 35 cents to $54.60, with an exchange of 29 units and West Indian Tobacco closed at $34.10, with a loss of 40 cents and 621 units changing hands.
The average PE Ratio of the market ended at 13 based on IC Insider.com’s forecasted 2020-21 earnings. The market closed with an exchange of 176,139 shares, for $58,052 compared to 224,150 units at $7,470 on Friday.
At the close, the JSE All Jamaica Composite Index declined by 6,453.85 points to 408,595.76, the JSE Market Index dropped 5,842.37 points to 372,761.42 and the JSE Financial Index lost 2.05 points to end at 96.26. The average PE Ratio of the Main Market closed at 15.3 based on IC Insider.com forecasted 2020-21 earnings.
Friday. In Contrast, trading in June resulted in an average of 818,748 units for $7,498,308 for each security.
Kingston Wharves gained 36 cents and closed at $53.36 in trading 3,673 units, NCB Financial Group declined by 40 cents to end at $135.50 after exchanging 163,040 shares. Portland JSX rose 55 cents to end at $7.90 and trading 20,187 stock units, Sagicor Group declined by $3.89 to $46.10 with a transfer of 23,410 units. Sagicor Real Estate Fund jumped 54 cents to $8.29 with investors trading 69,628 stock units, Salada Foods dropped $3.40 to close at $25 after exchanging 3,775 units, Scotia Group declined by $2.25 to end at $45, in transferring 34,944 stock units and Seprod shed $2.79 to settle at $50.20 with 19,161 units changing hands.
Firm Trades│ Agostini’s remained at $25 with trades of a mere five units, First Citizens Bank held firm at $45.71, in exchanging 2,816 shares, Guardian Holdings closed at $19.50, with 4,079 stock units crossing the market. JMMB Group was unchanged at $1.95 after investors transferred 500 units, Massy Holdings closed at $57, with an exchange of 5,976 stock units, NCB Financial traded 1,910 shares at $7.86. Trinidad Cement closed with an exchange of 418 units at $2.10, Unilever Caribbean closed at $16.99, with 119,728 shares changing hands and West Indian Tobacco ended with trades of 1,006 units at $34.50.
At the close, the All Jamaican Composite Index carved out a gain of 832.41 points to end at 415,049.61, the Main Index added 722.07 points to finish at 378,603.79 and the JSE Financial Index eked out a rise of 0.45 points to 98.31. The average PE Ratio of the Main Market ended at 15.4 based on IC Insider.com’s forecasted 2020-21 earnings.
Other stocks trading a million shares or more are Pulse Investments was the only, closing the day’s trade with 1.5 million units and Victoria Mutual Investments, with 1.15 million units.
Eppley Caribbean Property Fund closed 95 cents lower at $43, in the trading of 5,210 units, First Rock Capital gained 99 cents transferring 3,676 units to end at $13. Grace Kennedy shed 99 cents to end at $57, with 29,597 shares changing hands, Kingston Properties picked up 30 cents in transferring 250 units at $7.30, NCB Financial Group lost $1.60 to end at $135.90, with 158,628 shares crossing the market. 138 Student Living lost 50 cents to settle at $6.30, in trading 39 units, Palace Amusement sustained a loss of $50 to close at $1,800, with an exchange of 41 units, Proven Investments closed at $34.49, after losing 51 cents in transferring 20,487 stock units. Pulse Investments shed 40 cents to close at $3.70, with an exchange of 1,546,204 shares, Scotia Group jumped $2.25 to $47.25 in trading 608,394 shares, Supreme Ventures picked up 38 cents to end at $15.39 as investors transferred 37,543 stock units and Wisynco Group lost 68 cents in trading 86,232 shares at $18.12.
First Caribbean International shed 5 cents in trading 300 units to settle at $7.15, National Flour closed at $1.80, with a loss of 2 cents transferring 1,552 stock units and Scotiabank finished 39 cents lower at $54.60 with of 25 units changing hands.
At the close, the All Jamaican Composite Index carved out a drop of 4,902.61 points to 414,217.20, the Jamaica Stock Exchange Main Index dived 4,332.39 points to close at 377,881.72 and the JSE Financial Index shed 1.18 points to end at 97.86. The average PE Ratio of the Main Market ended at 15.2 based on IC Insider.com’s forecasted 2020-21 earnings.
The average trade for Thursday ended at 589,361 units for $4,015,424 in contrast to an average of 460,871 at $1,428,250 on Wednesday. The average trade for the month to date is 525,872 for $2,737,055, in contrast to 460,871 units at $1,428,250 for each security. In contrast, June ended with an average of 818,748 units at $7,498,308 for each security traded.
Jamaica Broilers Group rose 68 cents to end at $28.67, with 2,083,164 shares changing hands. Jamaica Stock Exchange lost 44 cents to finish at $21.50, with an exchange of 31,009 stock units, JMMB Group picked up 50 cents transferring 35,000 stock units to settle at $31.50, Kingston Wharves declined to $53, with a loss of $4 exchanging 6,580 units. MPC Caribbean Clean Energy climbed $8 to $168, in trading 501 units, NCB Financial Group gained 80 cents to finish at $137.50 with 120,381 shares changing hands, PanJam Investment fell $1 to finish at $74 with the trading of 104,975 shares. Sagicor Group climbed $3.90 to close at $50.15 as 110,812 shares crossed the market, Scotia Group closed 90 cents higher at $45, in trading 348,793 shares and Sygnus Credit Investments lost 50 cents to end at $16, with a transfer of 5,043 stock units.
