Prices tumbled on Monday and sent the Jamaica Stock Exchange Main Market indices diving sharply lower after the value of shares trading tumbled 94 percent below Friday’s out-turn.
At the close, the All Jamaican Composite Index dived 6,819.00 points to 427,529.23, the Main Index dropped 6,331.19 points to 390,092.53 and the JSE Financial Index shed 2.36 points to settle at 101.77.
Trading ended with 46 securities changing hands compared to 41 on Friday and closed with the prices of 15 stocks rising, 24 declining and seven remaining unchanged. The average PE Ratio ended at 16.6 based on ICInsider.com’s forecast of 2020-21 earnings.
Investors traded 21,659,826 shares for $60,805,085 compared to 26,035,964 units at $1,185,955,996 on Friday. Transjamaican Highway led trading with 73.7 percent of total volume, after exchanging 15.96 million shares, followed by Wigton Windfarm with 7.1 percent for 1.53 million units and Sagicor Select Financial Fund with 3.7 percent market share for 794,869 units.
Trading averaged 470,866 units at $1,321,850 for each security, compared to an average of 635,024 shares at $28,925,756 on Friday. The average trade for the month to date is 327,822 units at $6,556,598 for each security, in contrast to 289,116 units at $7,973,059 . November averaged 623,120 units at $6,686,047.
Investor’s Choice bid-offer indicator reading has seven stocks ending with bids higher than their last selling prices and nine with lower offers.
At the close of the market, Barita Investments fell $2 in closing at $88, with investors switching ownership of 1,886 shares, Berger Paints shed 80 cents to end at $13, in trading 5,017 units. Eppley dropped $3 in closing at $20, with investors switching ownership of 9,536 units, Eppley Caribbean Property Fund closed at $44, after losing 80 cents and trading 7,998 units, First Rock Capital slid $1.50 to $11, with 31,000 shares crossing the exchange. Grace Kennedy shed $1 to settle at $63, in trading 21,414 stock units, Jamaica Broilers gained 50 cents to settle at $28, in exchanging 29,230 stock units, Jamaica Producers shed $1.25 to close at $20.50, with a transfer of 15,667 stock units. Jamaica Stock Exchange gained 45 cents to end at $20, after investors swapped 2,252 units, Mayberry Investments advanced by $1.37 to $6.97, in an exchange of 7,557 units, MPC Caribbean Clean Energy declined by $4.50 to close at $145.50, in trading 117 units. NCB Financial Group shed 50 cents to end at $145, in transferring 92,444 shares, 138 Student Living gained 40 cents to end at $4.60 after exchanging 92 units, Palace Amusement climbed $105 to settle at $1,405, in crossing the exchange with 3 units, Pan Jam Investment declined by $6 to settle at $62, after clearing the market with 18,976 units. Proven Investments dropped $1 to close at $36, in trading 15,274 units, Sagicor Group declined by $5.48 to $46.52, in clearing the market with 2,593 units, Scotia Group climbed $2.99 in closing at $47.49, with an exchange of 33,426 shares. Seprod fell $1.99 to settle at $64, in transferring 13,119 stock units, Supreme Ventures gained 49 cents in closing at $17.60, with investors switching ownership of 62,688 shares and Sygnus Credit Investments lost 99 cents to settle at $16, with an exchange of 116,506 shares.
In the preference segment, Eppley 8.25% gained $1 to end at $7, in trading 2,214 units.

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

The volume and value of stocks trading on the Jamaica Stock Exchange Main Market climbed 15 percent and resulting from a 66 percent jump in the funds expended above Wednesday levels with just one more security changing hands.
The market indices declined for a second consecutive day, with the All Jamaican Composite Index dropped 1,756.26 points to 433,272.97, the Main Index fell by 1,431.23 points to 395,450.69 and the JSE Financial Index lost 0.44 points to settle at 103.63.
Trading ended with 44 securities changing hands compared to 43 on Wednesday and closed with the prices of 14 stocks rising, 17 declining and 13 remaining unchanged. The average PE Ratio ended at 16.1 based on ICInsider.com’s forecast of 2020-21 earnings.
Investors traded 8,368,235 shares for $78,354,493 compared to 7,285,081 units at $47,227,362 on Wednesday. Wigton Windfarm led trading with 49.2 percent of total volume, after exchanging 4.12 million shares, followed by JMMB Group 7.5% with 14.2 percent for 1.19 million units and Transjamaican Highway with 13.7 percent market share for 1.15 million units.
Trading averaged 190,187 units at $1,780,784 for each security, compared to an average of 169,420 shares at $1,098,311 on Wednesday. The average trade for the month to date is 179,176 units at $1,313,675 for each security, in contrast to 173,476 units at $1,071,877. November averaged 623,120 units at $6,686,047.
Investor’s Choice bid-offer indicator reading shows five stocks ending with bids higher than their last selling prices and four with lower offers.
At the close of the market, Barita Investments climbed $1.24 in closing at $85.58, after 25,416 shares crossed the market, Caribbean Cement shed 70 cents to end at $60, with an exchange of 27,111 stock units, Eppley Caribbean Property Fund advanced by $3.80 to $44.80, in trading 100 units. First Rock Capital closed $1.10 higher at $13.20, after transferring 23,915 stock units, Grace Kennedy declined by $5 to $60, with 124,554 shares passing through the market, JMMB Group shed $2 to end at $33, in crossing the market with 48,888 shares. Kingston Wharves fell $1.20 to $47 after trading 3,650 units, MPC Caribbean Clean Energy advanced $4.50 to settle at $150, in clearing the market with 30 units, NCB Financial climbed $1.50 in exchanging 250,354 shares to settle at $146.50. Palace Amusement gained $100 to close at $1,300, in trading 7 units, PanJam Investment declined by $2.01 to $60, with an exchange of 64,658 shares, Sagicor Group gained $1.15 in closing at $53.30, with investors swapping 69,265 shares. Sagicor Real Estate Fund climbed $1.22 to $8.97 after exchanging 19,020 units, Seprod shed 99 cents to finish at $64.01, with 5,814 units changing hands, Sterling Investments lost 40 cents in closing at $3.20 after trading 11,775 units. Supreme Ventures gained 30 cents to end at $17.80, trading 33,788 stock units, Sygnus Credit Investments shed $1 to end at $16, after 550,563 shares crossed the exchange and Wisynco Group settled at $16.50, with gains of 47 cents as investors swapped 67,571 shares.

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

Advancing stocks outnumbered declining ones in Wednesday activity on the Jamaica Stock exchange Main Market, but that was inadequate to prevent declines in the main indices, with the value and value of shares trading remaining below the norm and marginally close to Tuesday’s levels.
At the close, the All Jamaican Composite Index declined by 1,097.37 points to 435,029.23, the Main Index shed 989.18 points to 396,881.92 and the JSE Financial Index lost 0.31 points to settle at 104.07.
Trading ended with 43 securities changing hands compared to 42 on Tuesday and ended with the prices of 18 stocks rising, the prices of 13 declining and 12 remaining unchanged. The average PE Ratio ended at 15.9 based on ICInsider.com’s forecast of 2020-21 earnings.
Investors exchanged 7,285,081 shares for $47,227,362 compared to 7,460,379 units at $43,882,188 on Tuesday. Wigton Windfarm led trading with 40.2 percent of total volume, after exchanging 2.93 million shares, followed by Transjamaican Highway with 24.9 percent for 1.81 million units and Key Insurance with 7.8 percent market share for 570,244 units.
Trading averaged 169,420 units at $1,098,311 for each security, compared to an average of 177,628 shares at $1,044,814 on Tuesday. The average trade for the month to date is 173,476 units at $1,071,877 for each security. November averaged 623,120 units at $6,686,047.
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 one with a lower offer.
At the close of the market, Barita Investments dropped $3.65 to settle at $84.34, in trading 2,563 shares, Berger Paints gained 45 cents to close at $12.50, with investors swapping 9,140 stock units, Eppley closed 35 cents higher at $23.50, after exchanging 1,189 units. Eppley Caribbean Property Fund climbed $1 in closing at $41, with just one stock unit changing hands, Grace Kennedy rose 90 cents to $65 with an exchange of 343,453 shares, Jamaica Producers lost 75 cents to close at $21 trading 75,816 shares. Jamaica Stock Exchange shed 75 cents to close at $20, with investors switching ownership of 696 units, JMMB Group advanced by $1.78 to $35, after crossing the market with 47,814 shares, Key Insurance lost 66 cents to close at $10, as 570,244 shares passed through the market. Kingston Wharves climbed $1.09 to $48.20, with investors swapping 121 units, Mayberry Jamaican Equities fell $1.05 to $7.15, in an exchange of 204 units, Palace Amusement declined by $100 to end at $1,200, with the trading of one share. Pan Jam Investment ended $1.49 lower at $62.01, after exchanging 9,913 stock units, Proven Investments gained $1 to close at $37, with 3,309 units changing hands, Stanley Motta gained 35 cents to finish at $5.35, in trading 2,180 stocks. Supreme Ventures rose 47 cents to $17.50 in an exchange of 13,504 stock units, Sygnus Credit Investments advanced $1 to $17, with a transfer of 37,765 shares and Victoria Mutual Investments gained 34 cents in closing at $6.10 after investors switched ownership of 113,575 units.

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