The Jamaica Stock Exchange Main Market ended trading on Tuesday with declining stocks having the upper hand after investors traded five times Monday’s volume and 172 percent the value.
At the close, the All Jamaican Composite Index dropped 4,525.87 points to settle at 407,770.78, the Main Index dived 4,032.21 points to settle at 372,186.65 and the JSE Financial Index carved out a loss of 1.35 points to end at 97.01.
Trading ended with 44 securities changing hands with the prices of 17 stocks rising, 21 declining and six remaining unchanged, with the average PE Ratio of the market ending at 15.5 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 41,738,542 shares for $151,520,182 compared to 8,211,306 units at $88,195,049 on Monday.
138 Student Living Preference shares led trading with 12 million units for 28.8 percent of total volume, followed by Transjamaican Highway with 11.06 million stock units for 26.5 percent of the day’s trade. Wigton Windfarm was next with 9.46 million units, for 22.7 percent market share, QWI Investments closed, with 3.1 million units for 7 percent of the day’s volume and Pulse Investments was the next, with 2.3 million units for 6 percent of the market activity.
Market activity ended, with an average of 948,603 units trading for the day at $3,443,641 for each security, in comparison to an average of 182,473 shares at $1,959,890 for Monday. An average of 561,234 units traded for the month to date at $2,693,430 for each security. Trading for the month to date compares well to July that ended 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 10 stocks ended with bids higher than their last selling prices and three with lower offers.
At the close of the market, Barita Investments gained $1.40 to settle at $57.80 after exchanging 3,433 shares, Eppley Caribbean Property Fund rose $1.95 to close at $48.95 with 6,960 units traded, Jamaica Stock Exchange dropped 60 cents to finish at $23 with 2,744 shares changing hands. JMMB Group carved out a loss of 60 cents to end at $31 with investors transferring 132,605 units, Key Insurance fell 39 cents to settle at $8.60, after an exchange of 41,219 stock units, Kingston Wharves advanced $2.80 to finish at $53.50, with investors switching ownership of 1,824 shares. NCB Financial Group lost $1.51 to close at $138.47 with 45,636 units changing hands, Proven Investments fell 50 cents to settle at $33.80 in an exchange of 4,424 stock unit. 
Sagicor Real Estate Fund dropped $1.03 to end at $7.86 trading 455 stocks. Salada Foods shed $2 to close at $27 in an exchange of 265 stock units, Scotia Group lost $3.70 to settle at $48 with 41,184 shares traded, Supreme Ventures lost 39 cents to finish at $15.10 with 130,605 shares changing hands. Sygnus Credit Investments fell 30 cents to end at $16.50, with an exchange of 11,550 stock units, Victoria Mutual Investments gained 53 cents to finish at $7.03, with investors transferring 257,519 units and Wisynco Group carved out a loss 57 cents to close at $17.05 with 64,103 units crossing the exchange.
In the preference segment, Community & Workers Co-operative Credit Union preference share advanced by 49 cents to end at an all-time high of $2.51 with 210,189 shares traded and 138 Student Living gained 76 cents to settle at $5.96, with 12,002,207 units passing through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The Jamaica Stock Exchange Main Market ended trading on Monday with the market rising in a bullish session at the start of August after more stocks rose than fell after investors exchanged 39 percent fewer shares with 70 percent higher value than they did on Friday.
The market closed with an exchange of 8,211,306 shares for $88,195,049 compared to 13,543,115 units at $51,906,344 on Friday.
Mayberry Jamaican Equities increased 60 cents to close at $9.35, with 14,901 shares changing hands, NCB Financial Group carved out an increase of $1.48 to close at $139.98 and finishing with 9,557 units crossing the exchange. Palace Amusement jumped $232.50 to close at $1,782.50 in an exchange of just four units, Proven Investments declined by 45 cents in ending at $34.30 in an exchange of 832 units, Sagicor Group rose $1.01 to settle at $44, with 3,938 stock units trading. Salada Foods rose $1 to settle at $29 with investors swapping just one stock, Scotia Group climbed sharply by $5.21 to close at $51.70 with investors trading 518,331 shares, Stanley Motta rose by 43 cents to close at $5.13 in trading 10,010 stock units. Supreme Ventures gained 49 cents in ending at $15.49 after 1,129,584 shares crossed the exchange, Sygnus Credit Investments rose 93 cents to end at $16.80 trading 1,500 shares and Victoria Mutual Investments carved out a loss 53 cents to close at $6.50 while exchanging 126,311 stock units.
At the close, the All Jamaican Composite Index lost 1,098.40 points to 409,309.09, the Main Index carved out a loss 911.96 points to 373,295.78 and the JSE Financial Index increased 0.35 points to close at 97.35.
An average of 153,314 units traded for the day at $1,539,333, for each security, in comparison to an average of 688,966 at $2,207,104 on Tuesday. An average of 411,515 units traded for the month to date at $2,839,392 for each security that traded, in contrast to 427,314 units at $2,918,945. In contrast, June ended with an average of 818,748 units at $7,498,308.
Caribbean Cement dropped $4.40 to close at $45 while exchanging 25,035 stock units, Gracekennedy advanced by $1 to $57 with an exchange of 14,296 units. Jamaica Broilers Group increased $2 to close at $27.50, with 409,695 stock units crossing the exchange, Kingston Wharves carved out a loss $3.90 to close at $50 after 1,077 units crossed the market, Mayberry Investments rose 68 cents to $5.98, with 5,015 stock units crossing the market. NCB Financial Group jumped 99 cents to end at $139.99 with investors swapping 15,784 stock units, Palace Amusement shed $25 to end at $1725 with investors switching ownership of 14 shares, PanJam Investment gained $5 to end at $70 in trading 59,013 units. Proven Investments jumped $1.50 to end at $34.50 in an exchange of 38,173 stock units, Sagicor Real Estate Fund dropped by 74 cents to $7.75 in an exchange of 43,000 stock units. Salada Foods fell $3.38 to close at $27.60, with 31,970 shares changing hands and Supreme Ventures advanced 48 cents to close at $15.70 in trading 1,067,865 units.
At the close, the All Jamaican Composite Index lost 3,232.1 points to end at 410,407.49, the Main Index declined by 2,923.73 points to 374,207.74 and the JSE Financial Index lost 1.07 points to 97.00.
An average at 688,966 units traded for the day at $2,207,104 for each security in compared to an average of 669,011 at $2,349,202 on Monday. An average of 427,315 units traded for the month to date at $2,918,945 for each security that traded, in contrast to 410,605 units at $2,968,326. In contrast, June ended with an average of 818,748 units at $7,498,308.
MPC Caribbean Clean Energy jumped $14.99 to $169.99 and trading 626 units. NCB Financial Group declined by 48 cents to settle at $139 with 176,376 stock units changing hands, PanJam Investment lost $6.01 to close at $65 with investors switching ownership of 27,021 shares, Portland JSX carved out a gain of $1.03 to close at $8.35 while exchanging 6,029 shares. Proven Investments fell 41 cents to $33, with 14,000 stock units changing hands, Sagicor Group lost 55 cents in closing at $45.95, with 206,704 stock units passing through the market. Scotia Group climbed 84 cents to finish at $44.84 while exchanging 55,245 units and Wisynco Group fell 44 cents to close at $17.56 after 241,029 shares passed through the market.
The average trade for the day ended at 354,815 units at $2,866,969 in contrast to an average of 210,408 at $4,640,489 on Wednesday. An average of 399,294 units traded for the month to date at $3,005,630 for each security, in contrast to 403,250 units at $3,017,962. In contrast, June ended with an average of 818,748 units at $7,498,308. 
NCB Financial Group rose $1 to $140 after trading 231,287 stock units, 138 Student Living added 50 cents to end at $6.50 with investors switching ownership of 500 shares, Proven Investments increased $1 to $33 with 7,091 stock units changing hands. Sagicor Real Estate Fund rose 74 cents to settle at $8.49 after 338 shares changed hands, Salada Foods ended rising $2.98 to settle at $30.98 with investors swapping 25 shares, Seprod rose $1 in closing at $53, with 51,568 units clearing the market. Sterling Investments shed 35 cents to settle at $2.50 in trading 39,166 shares. Sygnus Credit Investments increased 48 cents to close at $16.35, with 12,806 stock units changing hands and Victoria Mutual Investments rose 30 cents to end at $7.50 with an exchange of 106,100 shares.
Index climbed 4,591.19 points to 372,908.59 while the JSE Financial Index rose 1.76 points to 96.63.
An average of 403,249 units traded for the month to date, at $3,017,962 for each security that traded, in contrast to 422,580 units at $2,855,323. In contrast, trading in June resulted in an average of 818,748 units at $7,498,308.
Mayberry Investments shed 48 cents after closing at $5.32 trading 85,491 stock units. MPC Caribbean Clean Energy jumped $11 to end at $171 as 117 shares cleared the market, NCB Financial Group fell 99 cents to end at $139 with 120,380 units changing hands, PanJam Investment increased by $1.90 to settle at $70 trading 1,646,674 stock units. Portland JSX declined by 99 cents in closing at $8 and exchanging 46,312 shares, Scotia Group gained $1.48 to close at $44.48 after trading 4,300 stock units, Seprod dropped $1 to end at $52 with an exchange of 242,788 shares and Sygnus Credit Investments fell 43 cents to close at $15.87 in an exchange of 8,366 stock units.
At the close, the All Jamaican Composite Index declined 3,476.55 points to close at 403,619.02, the Main Index dived 3,207.50 points to 368,317.40 and the JSE Financial Index lost 1.36 to end at 94.87.
The average trade for the previous month ended at 856,725 units at $7,148,772.
MPC Caribbean Clean Energy carved out a loss $12, in closing at $160 with an exchange of 1,000 stock units, NCB Financial Group jumped $4.99 to settle at $139.99 with investors swapping 613,214 stock units, 138 Student Living lost 90 cents to settle at $6 trading 1,226 units. Palace Amusement fell $40 in closing at $1,750 with an exchange of a mere five units, PanJam Investment lost $4.90 to close at $68.10 with an exchange of 2,913 stock units, Proven Investments fell 99 cents in ending at $32.01 after trading 4,518 shares. Sagicor Group shed $1.49 to $46 with an exchange of 263,100 stock units, after trading at a 52 weeks’ intraday low of $34. Salada Foods gained $3 to close at $28 with 190 stock units changing hands and Seprod jumped $2.80 to end at $53 trading 45,530 shares.
The average volume for the month to date amounts to 383,412 units at $2,363,701 in contrast to 452,787 units at $2,546,266. In contrast, the average for June ended at 856,725 units valued at $7,148,772 for each security.
Jamaica Producers gained 75 cents in ending at $23.75 trading 17,269 units. Jamaica Stock Exchange climbed 41 cents closing at $21.95, after exchanging 58,999 stock units, Kingston Properties rose 30 cents to end at $7.80 in exchange of 461 units, Kingston Wharves shed $2.49 to settle at $51 with 5,294 stock units changing hands. Mayberry Jamaican Equities added 29 cents to close at $9.39 after trading 12,599 units, PanJam Investment jumped $4 to settle at $73 after 16,618 units changed hands, Sagicor Group rose $1.49 to end at $47.49 with 54,732 units crossing the exchange. Scotia Group lost $1.78 to settle at $42.72 in trading 8,093 units and Seprod fell $1.55 after closing at $50.20 and exchanging 30,666 shares.
At the close, the All Jamaican Composite Index dropped 2,824.38 points to 402,653.10, the JSE Market Index declined by 2,597.16 points to 367,397.15 and the JSE Financial Index lost 0.27 points to 95.42. The average PE Ratio of the Main Market ended at 15.4 based on IC Insider.com’s forecasted 2020-21 earnings.
The average trade for the day ended at 280,760 units at $2,903,282 in contrast to an average of 399,757 at $2,435,173 on Thursday. An average of 1,048,185 units at $3,935,208 each traded for July to date in contrast to 483,377 units at $2,494,914 for each security. In contrast, June closed with an average of 818,748 units valued at $7,498,303 for each security traded.
Jamaica Broilers ended $2.05 lower at $24.55, in trading 44,629 stock units, Jamaica Stock Exchange gained 49 cents to close at $23, in exchanging 472,748 shares, JMMB Group shed 50 cents to end at $30.50, with a transfer of 69,230 stock units. Kingston Wharves finished 51 cents lower at $53.49, after trading 57,716 stock units, PanJam Investment climbed $2.50 to settle at $69, with 142,724 shares changing hands, Sagicor Group gained 50 cents in transferring 550,086 shares and ended at $46. Scotia Group closed $1.75 higher at $44.50 as investors traded 376,531 shares, Seprod dipped 75 cents to $51.75, with an exchange of 13,000 units and Sterling Investments ended at $2.45, having lost 40 cents trading 100,159 shares.
Transjamaican Highway with 4.43 million units for 26 percent of the day’s trade and Pulse Investments with 913,284 units for 5.4 percent market share.
NCB Financial Group advanced by $2 to $135, with investor having transferred 107,228 shares, 138 Student Living closed $1 higher at $6.99, with 2,000 stock units changing hands, PanJam Investment tumbled $6.50 and settled at $66.50, after trading 31,900 shares, Portland JSX climbed $1 to close at $9 trading 80 shares. Proven Investments slipped 95 cents to end at $33, in transferring 212,681 shares, Seprod gained 75 cents and closed at $52.50, with investors switching over 16,681 stock units. Sygnus Credit Investments gained 40 cents to finish at $16.40 with transfers of 18,009 stock units and Victoria Mutual Investments closed 34 cents lower to end at $7.26, in 62,150 shares changing hands.
