The Main Market of the Jamaica Stock Exchange suffered more losses in trading on Thursday after the market reopened from the Ash Wednesday break as declining stocks had two to one ratio over rising ones after trading levels increased over Tuesday.

First Rock closed at a new low of $13.
The market closed with 46 securities changing hands in the Main and US dollar markets with the prices of 12 advancing, 22 declining and 12 trading firm. The JSE Main Market activity ended with 41 securities accounting for 27,834,480 units valued at $185,509,886 in contrast to 31,839,670 units valued at $148,017,425 from 39 securities on Tuesday.
Sagicor Select Financial Fund traded 15.7 million shares for 56.5 percent of total volume, Wigton Windfarm followed with 6.6 million units for 23.7 percent of the day’s trade and Sagicor Group with 762,613 shares for 2.7 percent of the market share.
The Market closed with an average of 678,890 units valued at $4,524,631 for each security traded, in contrast to 565,203 units at an average of $3,795,319 on Tuesday. The average volume and value for the month to date amount to 596,981 units valued at $2,909,960 for each security changing hands compared to 592,330 units valued at $2,812,748 for each security traded. Trading in January resulted in an average of 626,134 units valued at $3,511,981 for each security.IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows thirteen stocks ending with bids higher than their last selling prices and two finishing with lower offers. The PE ratio of the market ended at 18.6, while the Main Market ended at 17.9 times 2019 earnings.
In the Main Market, Barita Investments lost $1 to close at $67 with 34,249 shares changing hands, First Berger Paints fell 41 to close at $15.50 while trading 17,636 stock units, First Rock Capital closed $2 lower to an all-time low of $13, with an exchange of 87,805 shares. Grace Kennedy rose 50 cents to settle at $68, after trading 499,415 units, Jamaica Producers lost $1 to $21, after transferring 98,535 shares, JMMB Group shed $2.36 to end at $40.75, with 548,151 shares changing hands. Kingston Wharves dropped $3 to close at $55, after exchanging 12,902 stock units, Mayberry Investments fell $1 to end at $7.50, in swapping 9,298 shares, Mayberry Jamaican Equities gained 45 cents to end at $11.45, in swapping 15,250 shares.
NCB Financial closed $1.64 lower to $186 after trading 17,864 units, Sagicor Group dropped 50 cents to $66, in exchanging 762,613 shares, Salada Foods jumped $5.75 as 8,426 shares changed hands at $34.25. Scotia Group gained $1 and closed at $55, with 79,701 shares changing hands, Seprod lost $2 to close at $51 trading 16,104 shares, Sygnus Credit Investments closed at $26.99, after gaining 79 cents transferring 15,194 shares.138 Student Living preference shares declined by 50 cents to settle at $5.50, in swapping 3,555,944 shares.
Trading in the US dollar market ended with 157,614 units valued $41,526. The market lost 1.01 points to close at 226.17. Newly listed First Rock Capital, traded 15,539 units at 12 US cents, Margaritaville exchanged 1,551 units at 29 US cents, Proven Investments lost 1.9 cents and closed at 29.1 US cents, with 113,774 units changing hands. Sterling Investments shed 0.04 cents after swapping 350 shares to settle at 2.85 US cents and Sygnus Credit Investments lost 2 cents to end at 17.5 US cents in trading 26,400 units.
Prices of securities trading for the day are those at which the last trade took place.
At the close, the JSE All Jamaican Composite Index dived 5,157.29 points to 532,915.18. The JSE Market Index dropped 4,667.89 points to 485,163.15, while the JSE Financial Index fell 0.99 points to 131.31.
Trading in January resulted in an average of 626,134 units valued at $3,511,981 for each security.
Sagicor Group dropped $3.50 to $66.50, in exchanging 372,430 shares, Scotia Group closed at $54, with gains of 89 cents with 17,300 shares changing hands, Supreme Ventures lost $1.30 to close at $22.20 trading 660,220 shares and Sygnus Credit Investments closed at $26.99, after gaining 79 cents transferring 15,194 shares.
The market closed with 47 securities changing hands in the Main and US dollar markets with the prices of 15 advancing, 18 declining and 14 trading firm.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows ten stocks ending with bids higher than their last selling prices and six finishing with lower offers. The PE ratio of the market ended at 18.8, while the Main Market ended at 18.2 times the 2019 earnings.
Sagicor Group lost 50 cents to settle at $70, in exchanging 98,849 shares, Salada Foods climbed $2.50 to $28.50 trading a mere 34 units, Scotia Group ended at $53.11, with a loss of 89 cents swapping 183,872 shares. Supreme Ventures advanced to $23.50, with gains of $1.49 exchanging 6,218 units and Sygnus Credit Investments closed 75 cents lower to $26.20, with 49,345 shares changing hands.
All Jamaican Composite Index declined by 1,407.36 points to close at 535,140.90 at the close, the JSE Market Index dropped 1,263.11 points to 487,188.44 and the JSE Financial Index lost 0.45 points to 132.11.
Trading in January resulted in an average of 626,134 units valued at $3,511,981 for each security.
Sagicor Group gained $1.20 trading 99,963 shares to close at $69.10, Salada Foods declined $1.53 to $26 after trading 12,646 units, Supreme Ventures rose $1 to end at $23, after transferring 11,976 shares. Sygnus Credit Investments gained $1.30 to settle at $26, in swapping 27,517 shares and in the preference segment, 138 Student Living rose $1 exchanging 1,364 shares at $6.
All Jamaican Composite Index declined by 1,388.73 points to close at 536,548.26, at the close on Wednesday, the JSE Market Index dropped 1,256.86 points to 488,451.55 and the JSE Financial Index lost 0.29 points to 132.56.
Trading in January resulted in an average of 626,134 units valued at $3,511,981 for each security.
Salada Foods declined by $4.47 to $27.53 trading only 700 units, Scotia Group ended at $53.11, with a loss of 89 cents after transferring 771,557 shares. Seprod lost $1 and closed at $50, with 543,758 shares changing hands, Sygnus Credit Investments shed $1.21 to settle at $24.70, in swapping 34,376 shares and Wisynco Group lost 30 cents exchanging 123,760 shares at $22.50.
At the close, the JSE All Jamaican Composite Index advanced 1,598.69 points to close at 537,936.99, the JSE Market Index added 1,450.74 points to 489,708.41 and the JSE Financial Index gained 0.69 points to 132.85.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows eight stocks ending with bids higher than their last selling prices and four closing with lower offers. The PE ratio of the market ended at 20.1, while the Main Market ended at 19.4 times the 2019 earnings.
Salada Foods declined $3 to $32, in after swapping a mere 180 units, Seprod settled at $51, after gaining $5 trading 31,388 shares. Supreme Ventures dipped $1.07 to $22.10, in exchanging 130,454 shares, Sygnus Credit Investments closed $1.21 higher to $25.91, after trading 74,479 shares and Wisynco Group gained 30 cents to close at $22.80, with an exchange of 92,295 shares.
At the close, the JSE All Jamaican Composite Index advanced 2,805.56 points to close at 536,338.30, the JSE Market Index gained 2,384.71 points to 488,257.67, but the JSE Financial Index lost 0.01 point to 132.16.
PanJam Investment closed 34 cents higher at $99.37, with 21,924 shares changing hands, Proven Investments ended at $48, with gains of 75 cents trading 10,828 shares. Pulse Investments lost 60 cents to end at $11.50, in transferring 273,348 shares, Sagicor Group closed $2.17 higher to $69.69 while exchanging 16,358 shares, Seprod settled at $46, after a loss of 50 cents in transferring 27,670 shares, Stanley Motta lost 74 cents to close at $5.01 trading 18,913 units. Supreme Ventures advanced by $1.47 to $23.17, with 11,455 shares changing hands and Victoria Mutual Investments lost 40 cents to close at $10, with an exchange of 275,878 shares. In the preference segment, Productivity Business Solution lost $5 to close at $100, with 1,001,825 shares crossing the exchange.
At the close of trading, the JSE All Jamaican Composite Index advanced 2,205.30 points to close at 533,532.74, the JSE Market Index added 2,005.08 points to 485,872.96 and the JSE Financial Index gained 0.85 points to 132.17.
one million units, ending the day’s trade with 1.1 million units.
NCB Financial gained 50 cents to settle at $185, in transferring 153,378 shares, PanJam Investment lost 97 cents to close at $99.03, with an exchange of 9,603 shares, Proven Investments ended at $47.25, with a loss of $1.25 with 13,725 shares changing hands. Pulse Investments climbed $2.12 to close at a 52 weeks’ high of $12.10, in transferring 435,669 shares, Sagicor Group declined $1.23 to $67.52 while trading 22,052 shares, Salada Foods gained $3 to end at $35, in an exchange of 144 units, Seprod closed 49 cents lower to $46.50, with 78,103 shares changing hands. Stanley Motta swapped 269,383 shares at $5.75, after gaining 75 cents, Sygnus Credit Investments added 50 cents to close at $24.50, in transferring 10,080 shares and Wisynco Group ended 50 cents lower at $22.50, with an exchange of 180,962 shares.
Thursday’s gains were only the second day since February started that the Main Market indices recorded gains. The market closed with 42 securities changing hands in the Main and US dollar markets with the prices of 18 advancing, 17 declining and 7 trading firm. The JSE Main Market activity ended with 40 securities accounting for 32,214,496 units valued at $74,997,715 in contrast to 47,859,089 units valued at $86,800,194 from 42 securities on Wednesday.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows nine stocks ending with bids higher than their last selling prices and three closing with lower offers. The PE ratio of the market ended at 19.5, while the Main Market ended at 18.7 times the 2019 earnings.
NCB Financial settled at $184.50, with a loss of 50 cents transferring 49,078 shares, Pulse Investments ended $1.08 higher to $9.98, with 285,756 shares changing hands, Sagicor Group closed at $68.75, losing $1.25 in trading 46,397 shares. Scotia Group gained 50 cents to end at $54, in transferring 86,072 units, Seprod closed 99 cents higher to $46.99, with 12,565 shares traded, Supreme Ventures ended at $21.70, after losing 30 cents exchanging 90,508 units. Sygnus Credit Investments gained 78 cents trading 24,120 units in closing at $24 and Wisynco Group ended the day’s trade 40 cents higher at $23, with 197,788 units changing hands.
At the close, the JSE All Jamaican Composite Index fell 624.98 points to close at 526,606.21, the JSE Market Index lost 565.71 points to 479,532.54 and the JSE Financial Index was unchanged at 130.62.
Proven Investments climbed $2.60 to $48.60, with 8,092 shares changing hands, Pulse Investments slid $1.10 to settle at $8.90 while transferring 62,885 shares, Sagicor Group gained $1 and advanced to $70, trading 121,142 stock units. Sagicor Real Estate Fund closed 30 cents higher at $9, in transferring 18,931 units, Stanley Motta dipped 50 cents to $5, with 29,253 shares traded. Supreme Ventures ended at $22, after gaining 45 cents and exchanging 32,493 units and Sygnus Credit Investments lost 94 cents exchanging 44,599 units and ending the day’s trade at $23.22. 138 Student Living preference share, lost 50 cents to close at a 52 weeks’ low of $5 while trading just 236 units.