The Jamaica Stock Exchange Main Market ended trading on Thursday with the market rising after more stocks recorded gains than those declining but ended the year down 22.6 percent as the coronavirus disrupted financial markets locally and worldwide.
The local market has recovered some 16 percent of the losses suffered up to March 25, but the gains so far are some way off the start of the year. At the close, the All Jamaican Composite Index rose 2,252.56 points to close at 433,521.09, the Main Index gained 2,013.69 points to close at 395,614.93 and the JSE Financial Index lost 0.16 points to end at 102.09.
For a second consecutive day, trading ended with 47 securities changing hands and ended with prices of 19 stocks rising, prices of 16 declining and 12 remaining unchanged. The PE Ratio closed with an average of 17.3 based on ICInsider.com’s forecast of 2020-21 earnings.
Traders exchanged 39,602,360 shares, 37 percent more than Wednesday as $1,040,390,883 chased after investment in the market. On Wednesday, 28,868,187 units traded at $558,644,139. Transjamaican Highway led trading with 25.7 percent of total volume in trading 10.20 million shares, PanJam Investment followed with 25.3 percent and 10.01 million shares, Pulse Investments with 16.7 percent for 6.62 million units.
Wisynco Group ended with 6.4 percent market shares from 2.53 million units, JMMB Group 6.2 percent with 2.5 million units, Barita Investments 4 percent with 1.59 million units and Wigton Windfarm 3.9 percent market share with 1.54 million units.
The day’s trades averaged 842,603 units at $22,135,976 compared to 614,217 shares at $11,886,046 on Wednesday. The month to date averaged 455,206 units at $7,774,631, compared to 435,836 units at $7,056,564 on Wednesday. November ended with an average of 623,120 units at $6,686,047.
Investor’s Choice bid-offer indicator shows nine stocks ending with bids higher than their last selling prices and four with lower offers.
At the close of the market, Barita Investments lost $6.70 to end at $80 trading 1,589,442 stock units, Caribbean Cement rose $1 in closing at $63, with 137,215 shares changing hands, Eppley Caribbean Property Fundfell 34 cents to $49 trading 5,145 units. Grace Kennedy climbed $1.06 to $64.50 after clearing the market with 197,048 stock units, Jamaica Producers shed 40 cents in ending at $21, with 4,061 shares changing hands, JMMB Group advanced $2.53 to $36.50 in an exchange of 2,476,532 stock units.
MPC Caribbean Clean Energy dropped $5 to close at $153 in switching ownership of 12 units, NCB Financial declined by $3 to $142 in exchanging 6,748 stocks, PanJam Investment shed $2.13 in closing at $66.02 and trading 10,010,704 shares. Pulse Investments increased 36 cents to $4.50 in switching ownership of 6,616,355 stock units, Sagicor Group lost $1 in closing at $50 and finished trading 19,340 stocks, Salada Foods rose $2.75 to $30, trading 130,001 stock units. Scotia Group lost 70 cents to end at $44.25 after 17,576 units crossed the exchange, Sygnus Credit Investments climbed $1.07 in closing at $16.47 with investors swapping 75,710 shares, Wisynco Group increased by $1 to $17.50 in trading 2,527,199 stock units.
In the preference segment, Eppley 7.5% preference share advanced $1 to $7 after exchanging 3,478 stock units and Eppley 8.25% fell by $1 to $6 with an exchange of 900 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading for the day averaged 614,217 units at $11,886,046 for each security, compared to an average of 651,934 shares at $6,663,580 on Tuesday. Trading month to date averages 435,836 units at $7,056,56, in contrast to 426,447 units at $6,802,380 on Wednesday. November ended with an average of 623,120 units at $6,686,047.
Margaritaville dived $13.23 to $43 in an exchange of 855 units, Mayberry Investments lost 31 cents to close at $5.77 trading 132,619 stock units, MPC Caribbean Clean Energy climbed $22.99 to $158 in an exchange of 729 units. NCB Financial gained $3 to close at $145 with an exchange of 34,603 stock units, Radio Jamaica climbed 33 cents to $1.68 in exchanging 766,452 shares, Sagicor Group climbed 60 cents to $51 while trading 1,086,033 stock units. Scotia Group increased $1.44 in closing at $44.95 with 6,540 shares changing hands, Seprod declined by $1.50 to $65 after exchanging 38,172 units and Stanley Motta climbed 60 cents to $5.50 in transferring ownership of 275,734 stocks.
The All Jamaican Composite Index lost 528.44 points to close at 429,331.77, the JSE Main Index shed 550.89 points to end at 391,753.12 and the JSE Financial Index shed 0.11 points to settle at 102.35.
The day’s trading averaged 651,934 units at $6,663,580 for each security, versus 1,075,147 shares at $6,244,835 on Monday. Trading month to date averaged 426,447 units at $6,802,380 for each security, compared to 414,481 units at $6,809,746 on the prior trading day. November ended with an average of 623,120 units at $6,686,047.
Salada Foods gained $4.10 in closing at $27.25 after trading 100 shares, Scotia Group lost $1.44 to settle at $43.51, with 37,260 stocks crossing the exchange and Sygnus Credit Investments fell 50 cents to close at $15.50 in trading 142,589 shares.
At the close, the All Jamaican Composite Index carved out a gain of 379.52 points to settle at 429,860.21, the Main Index rose 402.18 points to settle at 392,304.01 and the JSE Financial Index inched 0.29 points to settle at 102.46.
Trading for the day averaged 1,075,147 units at $6,244,835 for each security, compared to an average of 426,017 shares at $4,962,196 on Thursday. Trading month to date averaged 414,481 units at $6,809,746 for each security, in contrast to 375,716 units at $6,842,893 on the prior trading day. November trading averaged 623,120 units at $6,686,047.
JMMB Group shed 50 cents to end at $33.50 with investors swapping 26,573 units, NCB Financial gained $2.50 to close at $144 in switching ownership of 2,977 stock units, PanJam Investment rose $2.65 to $68.15 4,878 units changing hands. Sagicor Group advanced 99 cents to $49.99 after 580,544 shares cleared the market, Salada Foods dropped $5.84 to close at $23.15 trading 1,000 units, Supreme Ventures declined by 37 cents to $17.50 after 19,428 stock units crossed the exchange. Victoria Mutual Investments climbed 35 cents to close at $6 with an exchange of 643,937 stocks and Wisynco Group rose 50 cents to $16.30, with 259,786 shares crossing the market.
Trading for the day averaged 426,017 units at $4,962,196 for each security, compared to an average of 511,440 shares at $2,925,439 on Wednesday. The month to date average resulted in 375,716 units at $6,842,893 for each security, compared to 372,792 units at $6,952,207 on the prior trading day. November averaged 623,120 units at $6,686,047.
NCB Financial rose $1.50 to $141.50 while exchanging 35,029 stock units, PanJam Investment shed $2.20 to end at $65.50 after 11,725 shares crossed the exchange, Sagicor Group carved out a loss of 50 cents and ended at $49 after trading 106,746 stocks. Seprod gained 50 cents to settle at $66.50 exchanging 1,664 units and Sygnus Credit Investments lost 90 cents to end at $16, with 206,274 shares changing hands.
At the close, the All Jamaican Composite Index rose 1,881.19 points to settle at 424,217.88, the Main Index climbed 1,702.34 points to 387,217.88 and the JSE Financial Index added 0.44 points to close at 100.64.
Trading on Wednesday averaged 511,440 units at $2,925,439 for each security, compared to an average of 542,494 shares at $6,746,385 on Tuesday. Trading month to date averaged 372,792 units at $6,952,207 for each security, in contrast to 363,405 units at $7,224,823 on the prior trading day. November ended with an average of 623,120 units at $6,686,047.
Kingston Wharves declined by $1.09 to $45.80 after exchanging 385 units, Mayberry Investments increased 38 cents to $6.15 in trading 12,925 stock units, NCB Financial shed $4.97 in ending at $140 with 128,875 stocks crossing the exchange. 138 Student Living increased 51 cents in closing at $4.86 and exchanging 1,838 shares, Palace Amusement rose $100 to $1300 after exchanging 16 units, Portland JSX climbed $1.50 to $9.50 exchanging 800 shares, Sagicor Real Estate Fund rose 47 cents to close at $7.75, with 6,265,503 stocks crossing the exchange. Salada Foods climbed $5.72 to $28.74 in an exchange of one share, Scotia Group increased $2.49 to $45 in trading 703,239 stocks and Sygnus Credit Investments advanced 90 cents to $16.90 while trading 21,929 stock units.
At the close, the All Jamaican Composite Index lost 5,193.89 points to settle at 422,336.69, the Main Index declined by 4,647.93 points to settle at 385,515.54 and the JSE Financial Index shed 1.90 points to settle at 100.20.
Trading averaged 542,494 units at $6,746,385 for each security, compared to 376,600 shares at $33,442,451 on Monday. Trading month to date averaged 363,405 units at $7,224,823 for each security, in contrast to 350,980 units at $7,258,018 on the prior trading day. Trading in November averaged of 623,120 units at $6,686,047.
Kingston Properties climbed $1.04 to $7.25 in exchanging 1,500 shares, NCB Financial rose 47 cents to $144.97 after exchanging 22,631 stocks, Palace Amusement dived $100 to $1200 after exchanging 9 units. Sagicor Group lost 50 cents to close at $49.50 in trading 4,022,948 stocks, Salada Foods lost $1.98 after ending at $23.02 with investors swapping 54,260 stock units, Scotia Group shed 97 cents to end at $42.51, with 47,182 shares passing through the market and Sygnus Credit Investments fell 50 cents to $16 in an exchange of 194,763 shares.
Trading averaged 376,600 units at $33,442,451 for each security, compared to 818,719 shares at $5,333,003 on Friday. Month to date averaged 350,980 units at $7,258,018 for each security, in contrast to 349,070 units at $5,305,856. November averaged 623,120 units at $6,686,047.
Kingston Wharves advanced 90 cents to $46.90 after exchanging 11,025 stocks, Mayberry Investments lost 50 cents to end at $6 with 695 shares trading, MPC Caribbean Clean Energy shed $14 to end at $145 with an exchange of 10 stock units. NCB Financial climbed 50 cents to $144.50, with 9,979,058 shares crossing the exchange, Palace Amusement climbed $87 to $1300 in trading 14 units, PanJam Investment rose $1.15 to end at $67.97 trading 37,700 shares. Portland JSX lost 48 cents in ending at $8 trading 15,755 stock units, Sagicor Group climbed $4.99 to $50, with 46,612 units passing through the market, Salada Foods lost $4 to close at $25 in exchanging 1,267 shares and Scotia Group shed $1.02 to end at $43.48 trading 11,546 stock units.
Trading ended with 46 securities changing hands compared to 45 on Thursday and closed with the prices of 22 stocks rising, 12 declining and 12 remaining unchanged, with Ciboney trading at a 52 weeks’ high of 25 cents. The average PE Ratio ended at 16.8 based on ICInsider.com’s forecast of 2020-21 earnings.
Sagicor Group with 8 percent for 3 million units and Sagicor Select Financial Fund with a 3.6 percent market share for 1.35 million units.
NCB Financial advanced $2 to $144 trading 21,418 stocks, Pan Jam Investment climbed $1.32 to $66.82, after 64,236 shares crossed the market, Sagicor Group dropped $4.49 to close at $45.01, with 3,004,520 shares clearing the market. Scotia Group gained 50 cents to finish at $44.50, trading 5,364 units, Seprod lost 45 cents in closing at $66 and exchanging 25,732 stock units and Wisynco Group increased 50 cents to $16, with 30,512 stock units passing through the market.
At the close, the All Jamaican Composite Index shed 469.19 points to 425,750.84, the Main Index lost 370.18 points to 388,653.19 and the JSE Financial Index slipped 0.12 points to settle at 101.22.
Month to date averaged 311,235 units at $5,303,669 for each security, in contrast to 312,683 units at $4,031,460 on Wednesday. November averaged 623,120 units at $6,686,047.
NCB Financial climbed $1.86 to $142 in exchange 6,022,238 shares, 138 Student Living shed 41 cents to settle at $4.34, in an exchange of 348 units, Pan Jam Investment lost 50 cents in closing at $65.50 trading 7,986 units, Sagicor Group rose $1.25 to $49.50, with investors swapping 12,622 stock units. Salada Foods advanced by $2.98 to $29, in an exchange of 1,000 units, Scotia Group dropped $1 to close at $44, after the transferring of 30,250 shares, Seprod lost 55 cents in closing at $66.45, with 1,813 units changing hands and Wisynco Group slipped 98 cents to close at $15.50, with 1,114,154 shares passing through the market.