JSE Main Market rises again

The Jamaica Stock Exchange Main Market ended trading on Thursday with the market rising after fewer stocks rose as investors exchanged 56 percent fewer shares, with a 59 percent higher value than on Wednesday.
At the close, the All Jamaican Composite Index climbed 1,205.29 points to 407,251.72, the Main Index advanced by 1,208.99 points to 371,716.48 and the JSE Financial Index gained 0.27 points to settle at 97.07.
Trading ended with 46 securities changing hands compared to 43 on Wednesday and closed with the prices of 14 stocks rising, 21 declining and 11 remaining unchanged. The average PE Ratio of the market ended at 15.7 based on IC Insider.com forecast of 2020-21 earnings.
The market closed with an exchange of 13,141,814 shares for $242,747,146  compared to 30,185,670 units at $152,750,024 on Wednesday. Wigton Windfarm led trading with 26.9 percent of total volume in accounting for 3.53 million shares, followed by Barita Investments with 18.9 percent of the day’s trade for 2.48 million units, Transjamaican Highway with 18.5 percent market share or 2.43 million units and Pulse Investments, with 18 percent closing with 2.35 million units changing hands.
Trading ended with an average of 285,692 units changing hands at $5,277,112 for each security compared to an average of 701,992 shares at  $3,552,326 on Wednesday. The average trade for the month to date ended at 248,972  units at $1,760,892 for each security, in contrast to  246,626 units at $1,536,244. Trading month to date compares adversely to August’s average of 497,441 units at $3,201,918.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows seven stocks ending with bids higher than their last selling prices and one with lower offers.
At the close of the market, Barita Investments climbed $9.08 to $78 in exchanging 2,484,848 shares, Caribbean Cement fell $1.49 to settle at $45.50, with 3,179 stock units changing hands. Eppley Caribbean Property Fund climbed $5.45 to $50.45, in exchanging a mere 10 stock units, First Rock Capital gained 30 cents in closing at $13.30, after trading 333 shares. Jamaica Producers Group shed 50 cents to end at $20, with an exchange of 5,061 stock units, Jamaica Stock Exchange closed at $18.50, with a loss of 43 cents after 3,588 units crossed the market, Key Insurance rose 65 cents and ended at $8.25 with 4,880 stock units clearing the market. Mayberry Jamaican Equities carved out a gain of 90 cents to finish at $8.50, in trading 60,235 shares, NCB Financial Group fell $1.30 to $133, with 65,074 shares changing hands, 138 Student Living rose 35 cents to $4.85 trading 40 units, Palace Amusement declined by $224 to close at $1,300, after transferring ten stock units. PanJam Investment dropped $4.98 to $66, in trading 41,025 shares, Portland JSX lost 60 cents to settle at $8 trading a mere two units, Scotia Group rose $1.76 to end at $48.76, with 60,819 shares passing through the market and Seprod shed 74 cents to close at  $55.25, in trading 19,961 shares.
In the preference segment of the market, Community & Workers Credit Union lost 33 cents to close at $1.65 and 25,678 shares passing through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading picks up for JSE Main Market

Trading climbed on Wednesday in Jamaica Stock Exchange Main Market activity, with 166 percent more shares changing hands valued 173 percent higher than Tuesday but the major market indices slipping even as nearly two times more stocks rose than fell.
At the close, the All Jamaican Composite Index fell by 614.80 points to 406,046.43, the Main Index shed 882.30 points to 370,507.49 and the JSE Financial Index lost 0.11 points to settle at 96.80.
Trading ended with 43 securities changing hands compared to 46 on Tuesday and closed with the prices of 17 stocks rising, nine declining and 17 remaining unchanged. The average PE Ratio of the market ended at 15.5 based on IC Insider.com forecast of 2020-21 earnings.
The market closed with an exchange of 30,185,670 shares for $152,750,024  compared to 11,345,597 units at $56,024,809 on Tuesday.
Wigton Windfarm led trading with 61 percent of total volume as 18.4 million shares changed hands followed by Sagicor Real Estate Fund with 11.6 percent or 3.5 million units of the day’s trade. Pulse Investments with 2.4 million units for 8 percent market share, Sagicor Select Financial Fund with 4.7 percent of the overall volume from trading in 1.4 million units and Barita Investments accounted for 3.7 percent of the day’s volume resulting from the trading of 1.1 million units.
Trading ended with an average of 701,992 units changing hands at $3,552,326 for each security, in comparison to an average of 246,643 shares at  $1,217,931 on Tuesday. The average trade for the month to date ended at  246,626  units at $1,536,244 for each security, in contrast to 217,703 units at $1,408,192. Trading month to date compares adversely to August’s average of 497,442 units at $3,201,935.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows five stocks ending with bids higher than their last selling prices and two with lower offers.
At the close of the market, Barita Investments climbed $8.92 to $68.92, in exchanging 1,102,321 shares, Caribbean Cement rose $1.98 in closing at $46.99 after trading 10,370 stock units, Eppley Caribbean Property Fund dropped $12 to end at $45, with 7,011 units changing hands. Jamaica Broilers Group rose $1 in closing at $26 after exchanging 2,400 units, Jamaica Stock Exchange gained 91 cents to close at $18.93, with 516 units traded, Key Insurance shed 79 cents to end at $7.60 in exchanging 21,120 stock units. Kingston Wharves gained 40 cents to finish at $50, with 61,064 shares passing through the market, Mayberry Jamaican Equities fell to $7.60, with a loss of 76 cents after exchanging 400 units, NCB Financial Group gained 30 cents to end at $134.30, with 24,555 stock units crossing the exchange. Palace Amusement advanced by $29 to  $1,524 trading 35 units, PanJam Investment rose 98 cents to $70.98, with 1,408 units changing hands, Proven Investments gained 50 cents to settle at $38, in trading 61,098 shares. Pulse  Investments ended at $5.05, with gains of 40 cents after exchanging 2,405,028 shares, Scotia Group fell $2 to $47, with investors transferring 23,968 stock units and Sygnus Credit Investments gained 30 cents ending at $17.60, after exchanging 56,530 shares.

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

JSE Main Market highest close in a month

The Jamaica Stock Exchange Main Market ended trading on Tuesday with the market rising to its highest level since August 24 after more stocks rose than declined after investors exchanged 50 percent more shares at twice the value as on Monday.
At the close, the All Jamaican Composite Index rose 4,683.43 points to settle at 406,661.23, the Main Index gained 4,221.57 points to settle at 371,389.79 and the JSE Financial Index inched 0.62 points higher to settle at 96.91.
Trading ended with 46 securities changing hands compared to 41 on Monday and ended with the prices of 24 stocks rising, the prices of 13  declining and nine remaining unchanged. The average PE Ratio of the market ended at 16 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 11,345,597 shares for just $56,024,809  compared to 7,551,575 units at $27,498,792 on Monday.
Pulse Investments led trading with 47.3 percent of total volume after 5.37 million shares changed hands, followed by Transjamaican Highway with 20.3 percent for 2.3 million units and Wigton Windfarm with 18.8 percent amounting to 2.13 million stock units.
Trading ended with an average of 246,643 units changing hands at $1,217,931 for each security compared to an average of 184,185 shares at  $670,702 on Monday. The average trade for the month to date ended at 215,025 units at $1,403,085 for each security, in contrast to 212,720  units at $1,416,583. Trading month to date compares adversely to August with an average of 497,441 units at $3,201,918.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows eight stocks ended with bids higher than their last selling prices and five with lower offers.
At the close of the market, Barita Investments climbed 40 cents to end at $60 after exchanging 10,563  shares, Eppley shed $1 to end at $24 after trading 40,714 stock units. Eppley Caribbean Property Fund dropped 48 cents to settle at $57, with 1,033 shares crossing the exchange, First Rock Capital climbed 55 cents to close at $13 and trading 8,598 units, Jamaica Broilers Group dropped  $1 to close at $25 after exchanging 5,784 stock units. Kingston Properties advanced $1.20 in ending at $7.50 with investors swapping 179 stocks, Kingston Wharves advanced 60 cents to settle at $49.60, with 420 shares passed through the market, Mayberry Investments advanced 39 cents to settle at $5.49 after 95 units changed hands. MPC Caribbean Clean Energy gained $5 to end at $155 in trading 64 shares, NCB Financial Group carved out a loss $1 to end at $134 in an exchange of 22,133  shares, 138 Student Living declined by 38 cents in ending at $4.50 and exchanging 101 stocks. Portland JSX  climbed $1.58  to $8.60, with just 69 stock units crossing the market, Proven Investments increased 40 cents to close at $37.50 after 4,999 units passed through the market, Pulse Investments rose 45 cents in ending at $4.65 as 5,368,622 stocks crossed the exchange. Sagicor Group carved out 35 cents rise to close at $44.50, with 23,149 units changing hands, Scotia Group gained $2.99 to end at $49 finished trading 679 shares, Seprod climbed 95 cents in closing at $55.95 and trading 19,699  units. Stanley Motta increased 51 cents to end at $5.13, with 109 stocks changing hands, Supreme Ventures gained 44 cents in closing at $13.99 in exchanging 88,979 shares and Sygnus Credit Investments declined by $1.20 to $17.30  and crossing the exchange with 11,240 units.

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

JSE Main Market closes higher Thursday

The Jamaica Stock Exchange Main Market ended trading on Thursday with the market rising after slightly more stocks rose than declined after an exchange of 30 percent fewer shares than on Wednesday.
At the close, the All Jamaican Composite Index gained 1,124.89 points to 400,646.11; the Main Index increased 1,078.27 points to 365,783.55 and the JSE Financial Index shed 0.37 points to settle at 95.82.
Trading ended with 43 securities changing hands compared to 44 on Wednesday and closed with the prices of 18 stocks rising,16 declining and nine remaining unchanged. The average PE Ratio of the market ended at 15.3 based on IC Insider.com forecast of 2020-21 earnings.
The market closed with an exchange of 6,254,690 shares for $40,537,477  compared to 8,881,013 units at $39,150,303 on Wednesday.
On another day of low volume passing through the market, Pulse Investments carved out 32.7 percent of total volume, with 2.05 million shares, followed by Transjamaican Highway for 15.3 percent, with 957,355 units and Wisynco Group, with 12.9 percent, amounting to 808,615 shares.
Trading ended with an average of 145,458 units changing hands at $942,732 for each security compared to an average of 201,841 shares at  $889,780 on Wednesday. The average trade for the month to date ended at  211,084  units at $1,183,350 for each security, in contrast to  216,639 units at $1,203,718. Trading month to date compares adversely to August’s 497,441 units at $3,201,918. 
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows 13 stocks ending with bids higher than their last selling prices and five with lower offers.
At the close of the market, 138 Student Living shed 49 cents to close at $4.51 in trading 41 shares, Barita Investments advanced $1.49 to $59.99, with 2,150 units passing through the market, Berger Paints gained 85 cents to close at $12.70, in trading 19,402 stock units. Caribbean Cement climbed  $3.90 to $47.50, exchanging 6,446 units, Eppley closed at $24, with a loss of 85 cents 1,900 units. Eppley Caribbean Property Fund rose $2 in closing at a record high of $52, transferring 10,028 shares, First Rock Capital fell 75 cents to $12.45, with the swapping of 8,821 stock units, Jamaica Broilers gained  60 cents to end at $25.50 trading 7,334 units. Jamaica Stock Exchange gained 60 cents to finish at $19, exchanging 5,121 units, Palace Amusement dropped $80 to close at $1,620, with investors switching ownership of just seven stock units, Proven Investments advanced $2.97 to $39.14 and clearing the market with 6,561 units. Salada Foods climbed $2.98 to  $27.99, in an exchange of 56 stock units, Scotia Group declined $1.25 to settle at  $46.25, with 101,459 shares changing hands and Wisynco Group dropped $1.19 to end at $15.16 trading 808,615 shares.
In the preference segment of the market, Community & Workers Credit Union lost 44 cents,  ending at an all-time low of $1.55 with an exchange of 43,209 shares.

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

JSE Main market in a struggle

The Jamaica Stock Exchange Main Market ended trading on Wednesday with the market declining after four stocks fell for three rising after an exchange of 78 percent more shares than on Tuesday, with similar values.
At the close, the All Jamaican Composite Index declined by 3,653.98 points to 399,521.22. The Main Index fell by 3,312.47 points to 364,705.28, the JSE Financial Index shed 1.02 points to settle at 96.19.
Trading ended with 44 securities changing hands compared to 42 on Tuesday and closed with the prices of 15 stocks rising, 20 declining and nine remaining unchanged. The average PE Ratio of the market ended at 15.2 based on IC Insider.com forecast of 2020-21 earnings.
The market closed with an exchange of 8,881,013 shares for $39,150,303  compared to 4,987,272 units at $39,141,028 on Tuesday. Transjamaican Highway led trading with 32.2 percent of total volume for 2.86 million shares, followed by Sagicor Select Financial Fund with 23.1 percent and 2.05 million units and Wigton Windfarm with 17.5 percent and 1.55 million shares.
Trading ended with an average of 201,841 units changing hands at $889,780 for each security compared to an average of 118,745 shares at  $931,929 on Tuesday. The average trade for the month to date ended at 216,639
units at $1,203,718 for each security, in contrast to  218,043  units at $1,233,488. Trading month to date compares adversely to August’s average of 497,441 units at $3,201,918.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market 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 gained $1.50 and closed at $58.50, with an exchange of 16,714 shares, Berger Paints gained 83 cents in ending at $11.85 with investors swapping 6,605 units, Caribbean Cement declined by $4.49 to settle at $43.60,
in trading 2,189 stock units. Eppley rose 85 cents to end at $24.85, in exchanging 100 units, Eppley Caribbean Property Fund climbed 50 cents to $50, with 530 units crossing the market, Grace Kennedy rose $1.20 in closing at $57 and trading 28,405 shares. Jamaica Broilers settled at $24.90, after gaining 30 cents in the transfer of 3,416 units, Jamaica Stock Exchange closed 75 cents higher at $18.40, with 4,068 stock units traded, Kingston Properties shed $1.10 to settle at $6.30 with investors swapping 50 units. Kingston Wharves jumped $6.90 to settle at  $49.90 after 350 units crossed the market, MPC Caribbean Clean Energy dropped $8 to $155, in an exchange of 321 units, Portland JSX lost 48 cents in closing at $7.02 and trading 2,400 stock units. Proven Investments fell $1.82 to $36.17, with investors swapping 3,366 stock units, Salada Foods declined by $3.74 to $25.01, with an exchange of  6,979 stock units, Scotia Group shed 50 cents to settle at $47.50, in transferring 117,147 shares. Seprod rose to $55.89, after climbing $1.89 and exchanging  22,839 shares, Supreme Ventures gained 65 cents to close at $14, trading 24,670 shares and Sygnus Credit Investments rose  47 cents to $17.97, with 26,303 shares changing hands.

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

JSE majors in late session fall

The Jamaica Stock Exchange Main Market ended trading on Tuesday with the market declining after more stocks fell, with an exchange of 32 percent fewer shares than on Monday with the value plummeting 48 percent.

Ciboney traded at a new 52 weeks’ high of 17 cents.

At the close, the All Jamaican Composite Index declined by 697.39 points to 403,175.20, after it posted gains for most of the day. The Main Index fell by 631.70 points to 368,017.75, but the JSE Financial Index inched 0.06 points higher to settle at 97.21.
The market closed on Tuesday with the same number of stocks changing hands on Monday, with 42 securities and closed with the prices of 13 stocks rising, 24 declining and five remaining unchanged as Ciboney closed at a 52 weeks’ high at 17 cents. The average PE Ratio of the market ended at 15.3 based on IC Insider.com forecast of 2020-21 earnings.
The market closed with 4,987,272 shares trading for $39,141,028 compared to 7,365,263 units at $74,596,143  on Monday. Wigton Windfarm led trading with 42.4 percent of total volume, with 2.11 million shares followed by Transjamaican Highway with 10.6 percent or 528,278 units and Jamaica Stock Exchange with 8 percent and 398,445 units.
Trading ended with an average of 118,745 units at $931,929 for each security, in comparison to an average of 175,363 shares at  $1,776,099 on Monday. The average trade for the month to date ended at 218,043  units at $1,233,488 for each security, in contrast to 227,925 units at $1,263,501. Trading month to date compares adversely to August’s average of 497,441 units at $3,201,918.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows eight stocks ending with bids higher than their last selling prices and four with lower offers.
At the close of the market, Barita Investments lost 50 cents in closing at $57,  finishing with 2,363  units changing hands ahead of the closing day for their Additional Public offer. Caribbean Cement fell to $48.09, with a loss of $1.30 after exchanging 1,727  units, Eppley shed 95 cents to settle at $24, with investors switching ownership of 5,589  stock units. Grace Kennedy dropped $1.12 to end at $55.80 after 57,594 shares crossed the market, Jamaica Producers slid 90 cents to $20 trading 15,823 stock units, Jamaica Stock Exchange dropped $2.34, to $17.65 with an exchange of 398,445 shares. Kingston Wharves tumbled to $43, after losing $4.50 with 22,458 stock units changing hands, NCB Financial closed at $133.02, declining by $1.98 after investors swapped 15,856  stock units, Palace Amusement climbed a further  $110 after surging by $290 on Monday, to close at $1,700 in exchange for 201 units. Portland JSX  shed $1 to close at $7.50 with investors switching ownership of 95,828 shares, Proven Investments climbed $1.49 to $37.99, trading 2,303 units, Scotia Group fell to $48, shedding $2.99 with 79,136 shares crossing the exchange and Seprod declined by $1.50 to settle at $54 trading 11,908 stock units.

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

Gains for JSE main Market

The Jamaica Stock Exchange Main Market ended trading on Monday with the market rising after fewer stocks fell after investors exchanged 71 percent fewer shares than on Friday but with a value that was 44 percent higher.
At the close, the All Jamaican Composite Index advanced by 1,234.87 points to 403,872.59, the Main Index rose 1,122.68 points to 368,649.45 and the JSE Financial Index gained 0.01 point to close at 97.15.
Trading ended with 42 securities changing hands compared to 43 on Friday and closed with the prices of 18 stocks rising, 15 declining and nine remaining unchanged. The average PE Ratio of the market ended at 15.6 based on IC Insider.com forecast of 2020-21 earnings.
The market closed with an exchange of 7,365,263 shares for $74,596,143 compared to 25,606,369 units at $51,769,010 on Friday.
Transjamaican Highway led trading with 32.7 percent of the day’s volume or 2.41 million shares followed by Wisynco Group with 18.9 percent or 1.39 million units and Wigton Windfarm with 9 percent accounting for 666,451 shares.
Trading ended with an average of 175,363 units changing hands at $1,776,099 for each security, in comparison to an average of 595,497 shares at  $1,203,930 on Friday. The average trade for the month to date ended at 227,925 units at $1,263,501 for each security, in contrast to 233,735 units at $1,206,85. Trading month to date compares adversely to August with an average of 497,441 units at $3,201,918.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows 8 stocks ended with bids higher than their last selling prices and five with lower offers.
At the close of the market, Berger Paints shed 85 cents, ending at $11 in exchanging  3,698 shares, Caribbean Cement gained 49 cents to close at $49.39 trading 2,230  stock units, Eppley finished at a record closing high of $24.95, with gains of 45 cents after investors swapped 688 units. Eppley Caribbean Property Fund lost 43 cents to end at $49.56, with 2,900 stock units changing hands, First Rock Capital advanced by $1.50 to settle at $13.50, in transferring 4,160 shares, Jamaica Stock Exchange rose $1.22 to $19.99, after exchanging 150 units. JMMB Group shed 44 cents trading 645,107 shares and closed at $29.06, Key Insurance lost 55 cents to end at $7.95  exchanging 31,426 shares. Kingston Wharves closed at $47.50, with gains of 50 cents and 101 units crossing the exchange, Mayberry Investments gained  47 cents in ending at $5.60 and trading 884 units, Mayberry Jamaican Equities settled at $8.49, after picking up 97 cents, with 250 units clearing the market. Palace Amusement surged $290 to end at $1,590, with an exchange of 88 units, after the company announced the opening of a drive-in cinema in New Kingston. Salada Foods jumped $3.75 to $28.75, with investors switching ownership of 6,979 stock units, Scotia Group gained 49 cents to end at $50.99 as investors traded 61,286 shares and Supreme Ventures shed 40 cents to end at  $13.60, in trading 66,059 shares.
In the preference segment of the market, JMMB Group 7.25% finished at $1.20, with a loss of 33 cents transferring 119,522 shares,

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

JSE Main Market at September highs

The Jamaica Stock Exchange Main Market ended trading on Friday, with the market rising after an equal number of stocks advanced and declined after an exchange of 143 percent more shares, with 36 percent more value than on Thursday, while closing the week at the highest point for September.
At the close, the All Jamaican Composite Index climbed 1,015.97 points to 402,637.72, the Main Index gained 909.86 points to 367,526.77 and the JSE Financial Index added 0.84 points to settle at 97.14.
Trading ended with 43 securities changing hands, similar to Thursday, and closed with the prices of 16 stocks rising, 16 declining and 11 remaining unchanged. The average PE Ratio of the market ended at 15.4 based on IC Insider.com forecast of 2020-21 earnings.
The market closed with an exchange of 25,606,369 shares for $51,769,010  compared to 10,530,333 units at $38,041,905 on Thursday. Wigton Windfarm led the market with 86 percent of total volume in the trading of 22.05 million shares, followed by Transjamaican Highway with 6.2 percent and 1.58 million units and Sagicor Select Financial Fund with 512,447 units for 2 percent market share.
Trading ended with an average of 95,497 units at   $1,203,930 for each security, in comparison to an average  of 244,891 shares at  $884,695  on Thursday. The average trade for the month to date ended at 233,735 units at  $1,206,845 for each security, in contrast to  187,575 units at $1,207,217. Trading month to date compares adversely to August’s average of 497,441 units at $3,201,918.
IC bid-offer Indicator| At the end of trading, the Investor’s  Choice bid-offer indicator reading for the market shows eight stocks ending with bids higher than their last selling prices and two with lower offers.
At the close of the market, Berger Paints climbed $1.19 to $11.85, in trading just 50 units, Eppley gained 50 cents to close at $24.50, with 1,200 units crossing the market, Eppley Caribbean Property Fund rose 99 cents to $49.99 after exchanging 5,350 stock units. First Rock Capital fell $1.05 to settle at $12, with 12,574  shares changing hands, Jamaica Broilers Group shed 36 cents to end at $24.60, after 14,625 stock units crossed the market, Kingston Wharves rose $1 to $47, in trading 377 units. Mayberry Jamaican Equities lost 55 cents with an exchange of 10,384 stock units to end at $7.52, Portland JSX advanced $1.48, in ending at $8.50 with investors switching ownership of 400 stock units, Proven Investments finished at $36.35, with gains of 4 cents in trading 7,476 stock units. Salada Foods declined by $2.99 to close at $25 in transferring 10,000 stock units, Scotia Group gained 50 cents in closing at $50.50, with 124,036 shares passing through the market, Seprod rose $2 to $55.50 after the transfer of 24,995 stock units. Supreme Ventures picked up 49 cents to settle at $14, with investors switching ownership of 165,785 shares and Wisynco Group shed 65 cents to end at $16.35, in exchanging 40,884 shares.

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

Trading levels fall off for Main Market stocks

Stocks mostly rose on the Jamaica Stock Exchange Main Market on Tuesday after trading levels dropped sharply, with investors exchanging just 52 percent fewer shares than on Monday.
At the close, the All Jamaican Composite Index advanced by 1,674.54 points to 401,637.06, the Main Index carved out a gain of 1,545.95 points to 366,576.42 and the JSE Financial Index rose 0.12 points to close at 96.29.
Trading ended with 43 securities changing hands compared to 42 on Monday and closed with the prices of 18 stocks rising, 14 declining and 11 remaining unchanged. The average PE Ratio of the market ended at 15.2 based on IC Insider.com forecast of 2020-21 earnings.
The market closed with an exchange of 4,882,753 shares for just $27,414,421 compared to  10,157,738 units at $50,769,890 on Monday. Transjamaican Highway accounted for 40.4 percent of total volume, with 1.97 million shares, followed by JMMB Group 7.50% with 17.7 percent or 863,196 units and Wigton Windfarm with 15.6 percent for 763,084 shares.
Trading ended with an average of 113,552 units changing hands at $637,545, in comparison to an average of  241,851 shares at $1,208,807 on Monday. The average trade for the month to date ended at 185,696 units at $1,300,931 for each security, in contrast to 200,398 units at $1,436,123 on Monday. Trading month to date compares adversely to August’s average of 497,441 units at $3,201,918.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows seven stocks ending with bids higher than their last selling prices and two with lower offers.
At the close of the market, Barita Investments advanced $1.75 in ending at $57 while exchanging 1,229 shares, Eppley Caribbean Property Fund climbed $1.30 to close at $49.30, with investors swapping 12,184  stock units, First Rock Capital gained 70 cents to end at $13.20, after clearing the market with 26,752 shares. Jamaica Broilers Group declined by 45 cents in closing at $25 and 33,295 shares crossing the exchange, Jamaica Stock Exchange carved out a gain of 62 cents to end at $18.62 trading 12,262 units, Mayberry Investments settled at $5.69, with a rise of 57 cents, with 2,000 units passing through the market. Mayberry Jamaican Equities shed 43 cents to end at $8.07 with investors swapping 122 stock units, NCB Financial fell 60 cents to settle at $135, after exchanging 48,381 shares, Palace Amusement dived $400 in closing at $1,100, in trading 20 shares. Proven Investments climbed $1.75 to settle at $35.90, with 1,191 units changing hands, Scotia Group lost $1 to end at $47 with 7,120 units crossing the exchange and Seprod climbed $1.40 to close at $52.40 with investors switching ownership of 63,478 shares.

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

JSE Main Market stocks drop

The Jamaica Stock Exchange Main Market ended trading on Monday, with the market declining after more stocks rising than falling after investors exchanged 70 percent more shares than on Friday.
At the close, the All Jamaican Composite Index declined by 2,285.96 points to 399,962.52, the Main Index lost 2,070.30 points to 365,030.47, while the JSE Financial Index shed 0.92 points to close at 96.17.
Trading ended with 42 securities changing hands compared to 44 on Friday, with the prices of 18 stocks rising, 14 declining and 10 remaining unchanged. The average PE Ratio ended at 15.1 based on IC Insider.com forecast of 2020-21 earnings.
The market closed with an exchange of 10,157,738 shares for $50,769,890 compared to 5,964,029 units at $91,497,143 on Friday. TransJamaican Highway led trading with 6.48 million shares for 63.8 percent of total volume, followed by Wigton Windfarm with 1.61 million units for 15.8 percent of the day’s trade and Wisynco Group with 675,706 units for 6.7 percent market share.
Trading ended with an average of 241,851 units changing hands at $1,208,807 for each security, in comparison to an average of 135,587 shares at $2,080,159 on Friday. The average trade for the month to date ended at 200,398 units at $1,436,123 for each security, in contrast to 190,097 units at $1,492,616. Trading month to date compares adversely to August’s average of 497,441 units at $3,201,918.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows ten stocks ending with bids higher than their last selling prices and two with lower offers.
At the close of the market, Barita Investments fell $1.75 in closing at $55.25 after exchanging 1,001 units, Berger Paints ended at $11, with a loss of $1, with 3,450 stock units changing hands, Caribbean Cement dropped $3.72 to settle at $43.27 trading 19,873 stock units. Eppley lost 50 cents in an exchange of 21,175 shares to end at $24, Eppley Caribbean Property Fund shed 94 cents to settle at $48, with 26,461 shares clearing the market, First Rock Capital finished at $12.50, after losing 68 cents trading 32,376 shares. Grace Kennedy advanced $1.49, ending at $57 with investors swapping 6,241 units, Jamaica Broilers gained 70 cents in closing at $25.45, with an exchange of 21,865 stock units, Jamaica Stock Exchange declined by $3 to settle at $18 after 101,669 shares changed hands. JMMB Group shed 49 cents to end at $29.51, in exchanging 143,462 stock units, Kingston Properties advanced $1.20 to $7.50 with an exchange of 15 stock units, Kingston Wharves gained 50 cents, trading 9,008 units to end at $48. Mayberry Jamaican Equities rose 50 cents to $8.50, with 133,975 shares changing hands,  MPC Caribbean Clean Energy climbed $5 to $155 and cleared the market with 549 units, NCB Financial fell $1.40 to $135.60, in exchanging 11,126 stock units. Proven Investments lost $1.85 to end at $34.15, after trading 2,105 units, Seprod dropped $2 to settle at $51 with investors switching ownership of  215,510 shares, Sterling Investments gained 30 cents ending at $3.20, with 62,334 stock units crossing the exchange and Sygnus Credit Investments climbed $1.75 to close at $16.80 trading 38,323 shares.

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