Stocks pulled back in trading on Friday ended with more stocks declining than rising, after an exchange of 18 percent fewer shares valued 39 percent changed hands than on Thursday at the close of market activity on the Jamaica Stock Exchange Main Market.
The All Jamaican Composite Index fell 759.22 points to close at 435,478.63, the Main Index shed 687.08 points to 397,038.27 and the JSE Financial Index lost 0.54 points to end at 99.26.
Trading ended with 46 securities, up from 42 on Thursday and closed with prices of 16 stocks rising, 19 declining and 11 remaining unchanged. The PE Ratio averages 19.6 based on ICInsider.com forecast of 2020-21 earnings.
Investors traded 10,947,226 shares for $107,461,042 compared to 13,431,167 units at $176,099,298 on Thursday. Wigton Windfarm led trading with 31.4 percent of total volume, after an exchange of 3.41 million shares followed by Sterling Investments with 7.4 percent of the day’s trade for 805,228 units and Sagicor Select Manufacturing & Distribution Fund with 6.8 percent for 749,118 units changing hands.
Trading for the day averaged 237,983 units at $2,336,110, compared to an average of 319,790 shares at $4,192,840 on Thursday. Month to date trading averaged 280,192 units at $2,458,483, in contrast to 284,986 units at $2,472,382 on Thursday. February closed with an average of 419,015 units at $2,509,660.
Investor’s Choice bid-offer indicator reading has ten stocks ending with bids higher than their last selling prices and five with lower offers.
At the close, Barita Investments declined $1 to $80.50 in transferring 6,227 shares, Berger Paints rose 54 cents to $13.54, with 457 units changing hands, Caribbean Cement shed 58 cents to finish at $68.90 with 11,178 shares clearing the market. Carreras advanced $1 to close at a 52 weeks’ high of $10 in the swapping of 595,775 stocks, Eppley lost 40 cents to end at $29.50 trading 1,136 stocks, Grace Kennedy advanced $1.95 to $91.95 after finishing with an exchange of 120,285 shares. Jamaica Broilers lost 20 cents in closing at $30.20 after the transferring of 55,753 units, Jamaica Producers rose 85 cents to $22.85 in an exchange of 10,621 stock units. 138 Student Living gained 39 cents to close at $5.99 after exchanging 1,156 stocks, Palace Amusement climbed $99 to $699 with 133 units changing hands, PanJam Investment dropped $2.50 to $62 with 316,159 stock units clearing the market, Proven Investments lost 21 cents to close at $33.50, with 63,218 stocks crossing the market. 
Sagicor Group rose 89 cents to $49.89 with the swapping of 267,625 shares, Salada Foods fell $1.75 to $42.75 after exchanging 459 stocks, Scotia Group shed 49 cents to close at $44 in switching ownership of 441,597 shares. Seprod declined $4.80 to end at $71 trading 32,504 units, Supreme Ventures gained 45 cents to end at $15.95 with 89,009 shares clearing the market and Victoria Mutual Investments shed 24 cents to close at $5.01 with 89,019 stocks crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The All Jamaican Composite Index climbed 4,287.22 points to 436,237.85, the Main Index advanced by 3,845.10 points to 397,725.35 and the JSE Financial Index gained 0.85 points to close at 99.80.
Investor’s Choice bid-offer indicator reading has ten stocks ending with bids higher than their last selling prices and nine with lower offers.
Sagicor Group fell 99 cents to $49, with 2,825 shares crossing the market, Salada Foods climbed $3.50 to $44.50 with the swapping of 2,533 stock units, Scotia Group advanced $1.49 to $44.49, with 60,614 shares clearing the market. Seprod climbed $4.80 to close at $75.80 trading 20,614 stocks, Sterling Investments lost 32 cents in settle at $2.65 in switching ownership of 13,369 units, Supreme Ventures shed 45 cents to end at $15.50 trading 16,743 stock units and Sygnus Credit Investments advanced 54 cents to $14.99, with 33,181 shares crossing the market.
The All Jamaican Composite Index fell 655.57 points to 431,950.63, the Main Index shed 575.90 points to 393,880.25, while the JSE Financial Index slipped 0.19 points to settle at 98.95.
Investor’s Choice bid-offer indicator shows nine stocks ending with bids higher than their last selling prices and five with lower offers.
Sagicor Group shed 61 cents in ending at $49.99 in switching ownership of 9,258 stocks, Sagicor Real Estate Fund gained 30 cents to $8.30 in a transfer of 2,466 shares, Salada Foods declined $2.90 to $41 trading 13,524 units. Scotia Group climbed $3 to $43 with 48,977 stock units crossing the market, Seprod rose $1 to $71, with 4,972 stocks changing hands, Supreme Ventures gained 30 cents in ending at $15.95 with 805,261 units crossing the exchange. Sygnus Credit Investments fell 26 cents to $14.45, trading 15,239 stocks and Wisynco Group shed 24 cents to close at $15.95 with the swapping of 36,249 stock units.
The All Jamaican Composite Index shed 1,460.68 points to close at 432,606.20, the Main Index fell 1,381.93 points to 394,456.15 and the JSE Financial Index shed 0.63 points to end at 99.14.
Investor’s Choice bid-offer indicator reading has 11 stocks ending with bids higher than their last selling prices and four with lower offers.
Salada Foods fell 60 cents to $43.90 trading 11,179 units, Scotia Group ended $3.99 lower at $40 with the swapping of 65,792 stock units, Supreme Ventures gained 21 cents to close at $15.65 in switching ownership of 20,943 shares. Sygnus Credit Investments fell 39 cents to $14.71 after exchanging 43,500 stock units and Wisynco Group gained 28 to end at $16.19, with 40,072 stock units changing hands.
The All Jamaican Composite Index rose 112.20 points to 434,066.88, the Main Index rose 101.54 points to 395,838.08 and the JSE Financial Index gained 0.25 points to settle at 99.77.
Investor’s Choice bid-offer indicator reading has eight stocks ending with bids higher than their last selling prices and six with lower offers.
Proven Investments rose 65 cents to $34.56, with the swapping of 138,367 shares, Salada Foods ended 50 cents higher at $44.50 after transferring 25,275 units. Scotia Group advanced 99 cents to $43.99 in exchanging 789 stocks, Seprod rose $1.81 to end at $70 trading 3,703 units and Sterling Investments gained 24 cents to close at $3.01 in switching ownership of 181 stocks.
The All Jamaican Composite Index rose 1,755.38 points to 435,166.46, the Main Index gained 1,609.90 points to 396,833.17, but the JSE Financial Index lost 0.17 points to settle at 99.90.
Trading for the day averaged 242,367 units at $2,066,102, compared to 411,240 shares at $1,482,838 on Wednesday. Month to date trading averaged 328,734 units at $1,776,771, in contrast to 358,582 units at $1,676,782 on Wednesday. February closed with an average of 419,015 units at $2,509,660.
Sagicor Group shed 80 cents to $51.10 with the swapping of 74,129 stock units, Salada Foods rose $5.99 to $44.50 in an exchange of 38 units. Scotia Group fell $2.49 to end at $40.01 trading 40,887 shares, Seprod declined $1.77 to $68.23 in a transfer of 74,108 stock units, Sterling Investments lost 23 cents to end at $2.77 in exchanging 1,643,311 units. Supreme Ventures rose 95 cents to $15.95 trading 36,943 shares and Wisynco Group gained 23 cents to $16.23, with 25,585 units changing hands.
The All Jamaican Composite Index fell 2,201.29 points to 433,411.08, the Main Index dropped 1,957.22 points to 395,223.27 and the JSE Financial Index lost 0.51 points to settle at 100.07.
Trading averaged 411,240 units at $1,482,838 for each security, compared to an average of 303,306 shares at $1,419,986 on Tuesday. Trading month to date averaged 358,582 units at $1,676,782 for each security, in contrast to 336,641 units at $1,757,591 on Tuesday. February closed with an average of 419,015 units at $2,509,660.
NCB Financial declined $1 to $141, with 53,913 stock units crossing the market, Palace Amusement dropped $67.03 to $885, with 210 units changing hands, PanJam Investment finished 90 cents lower at $64.10 trading 8,674 stock units. Proven Investments advanced $1.75 to $39, with an exchange of 35,591 stocks, Sagicor Real Estate Fund rose 43 cents to $8.35 with the swapping of 15,997 shares, Salada Foods declined $2.99 to $38.51 with 8,295 units clearing the market. Stanley Motta gained 34 cents to close at $5.35 after exchanging 212 units and Supreme Ventures fell $1.20 to $15 in transferring 90,750 stocks.
The All Jamaican Composite Index declined 1,342.33 points to 435,612.37, the Main Index shed 1,189.08 points to 397,180.49, and the JSE Financial Index gained 0.23 points to settle at 100.58.
Investor’s Choice bid-offer indicator reading has nine stocks ending with bids higher than their last selling prices and none with a lower offer.
Portland JSX shed $1.40 to close at $7.10 in transferring 6,500 stocks, Proven Investments fell $2.15 to $37.25, after an exchange of 26,284 units, Sagicor Group advanced $1.90 to $52, with 20,712 stocks clearing the market. Sagicor Real Estate Fund fell $1.07 to $7.92 in a transfer of 379 stocks, Salada Foods rose 50 cents to $41.50 after trading 9,418 stocks. Scotia Group climbed $1.50 to $42.50, with 34,379 shares changing hands, Seprod gained 50 cents to end at $70 in trading 9,783 stocks and Stanley Motta shed 34 cents to $5.01, with 16,000 stock units crossing the market.
Several stocks posted strong gains leading the market into positive for the year to date, for only the second time since the start of the year, with January 5th being the only other day the market recorded gains over the 2020 close. The All Jamaican Composite Index climbed 4,304.98 points to 436,954.70 at the close, the Main Index advanced 3,840.76 points to 398,369.57, but the JSE Financial Index slipped 037 points to 100.35.
Palace Amusement dropped $49 to $801, with 683 shares crossing the market, PanJam Investments rose $1 to $65, in an exchange of 13,660 stocks, Portland JSX ended $1.40 higher at $8.50, with the swapping of 2,000 units, 
The market should move higher during the coming week following record breaking results by 
Trading for the day averaged 759,048 units at $2,394,191, Thursday ended with an average of 338,795 shares at $1,351,229. Trading month to date averaged 419,015 units at $2,509,660 for each security, in contrast to 399,667 units at $2,516,231 on Thursday. January closed with an average of 311,275 units at $1,432,133.
Sagicor Real Estate Fund picked up 48 cents to close at $8.30, after 155,883 shares crossed the market, Salada Foods climbed $3.50 to $44, exchanging 97 stocks. Scotia Group lost 50 cents in ending at $42.50 trading 34,852 units, Seprod shed 54 cents to $69, with the swapping of 8,011 shares, Stanley Motta gained 35 cents to settle at $5.35, with 50 units clearing the market. Sterling Investments ended 36 cents higher at $3 in an exchange of 33,207 stock units and Supreme Ventures climbed $1.60 to $16.90 with 138,316 units changing hands.
