The Jamaica Stock Exchange Main Market suffered more losses on Tuesday, bringing the loss for the Composite Index to 23,892 points in three days, with a fall of 9.6 percent since the start of the year and 13 percent from the peak of 584,697.71 on August 8, last year.
The JSE All Jamaican Composite Index declined by 5,335.20 points to close at 505,830.27, the JSE Market Index dropped 4,832.90 points to 460,484.22 and the JSE Financial Index lost 1.47 points to 124.12.
The market closed with 41 securities changing hands in the Main and US dollar markets with the prices of eight advancing, 29 declining and four trading firm. The JSE Main Market activity ended with 40 securities accounting for 29,204,863 units valued at $241,250,895 in contrast to 29,930,856 units valued at $203,577,617 from 39 securities on Tuesday.
Sagicor Select Financial Fund dominated trading with 14.1 million shares for 48.4 percent of total volume, followed by Wigton Windfarm with 6.1 million units for 21 percent of the day’s trade and Wisynco Group with 2.1 million units for 7.2 percent of the market’s volume.
The Market closed with an average of 730,122 units valued at an average of $6,031,272 for each security traded, in contrast to 767,458 units valued at an average of $5,219,939 on Tuesday. The average volume and value for the month to date amount to 760,443 units valued at $4,858,004 for each security changing hands compared to 775,604 units valued at $4,172,370 for each security traded. 
Trading in February resulted in an average of 624,731 units valued at $3,239,665 for each security.
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 six closing with lower offers. The PE ratio of the market ended at 17.5, while the Main Market ended at 16.8 times the 2019 earnings.
In the prime market, Barita Investments declined by $2 to $66, in an exchange of 53,555 shares, Berger Paints shed $1 to finish at $14, with 4,919 units changing hands, Caribbean Cement closed $2 higher to end at $67, in transferring 42,598 shares. Carreras lost 40 cents to close at $7.50 after trading 65,364 units, Eppley dropped $4.45 to $13.05 after swapping 4,900 units, First Rock Capital gained 65 cents to settle at $9.90, with an exchange of 35,770 shares. Grace Kennedy ended 92 cents lower at $67, after transferring 38,824 shares, Jamaica Broilers lost $2.40 trading 225,276 stock units to finish at $32.10, JMMB Group fell $3.27 to $39.01 after moving 756,324 shares through the market, Kingston Wharves closed $3 lower at $50, with 99,590 shares crossing the market. Mayberry Investments gained 40 cents to end at $8, in exchanging 232,702 units, Mayberry Jamaican Equities finished at $9.77, with a loss of $1.23 in transferring 16,027 shares. MPC Caribbean Clean Energy climbed $16.99 to $147, after trading a mere 100 units, NCB Financial tumbled $11.45 to 52 weeks’ low $170.55 and transferring 106,868 shares, 138 Student Living lost 62 cents to end at $6.50, with 13,800 units changing hands. PanJam Investment closed $1 lower to $98, in swapping 8,112 shares, Proven Investments shed $3.50 to end at $41, with an exchange of 8,284 shares, Pulse Investments lost $1 to close at $10, with 51,559 shares changing hands. 
Sagicor Group dropped $3.90 to end at $61.10, with an exchange of 1,136,646 shares, Salada Foods closed at $34, with a loss of $1 trading 1,592 shares. Scotia Group ended at $52.50, after losing $1.51 transferring 179,479 shares, Seprod declined by $4.34 after exchanging 24,220 units and closed at $47.07, Supreme Ventures lost $1.35 to end at $21, in swapping 58,263 shares. Sygnus Credit Investments closed at $23.80, with a loss of 70 cents trading 43,363 stock units, Victoria Mutual Investments lost 50 cents to end at $8, with 669,559 shares changing hands and Wisynco Group shed 45 cents to settle at $22.45, in transferring 2,114,845 shares.
Trading in the US dollar market ended with 6,641 units valued at over US$498. The market slipped 1.89 points to close at 218.90 as First Rock Capital lost 0.5 cents, trading 6,641 units to end at the lowest level of 7.5 US cents since listing in late February.
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 plunged 14,424.69 points to close at 511,165.47. The previous biggest fall in the JSE Composite index was 12,616.74 points on October 18, 2018. The JSE Market Index nose-dived 13,201.50 points to 465,317.12 and the JSE Financial Index dropped 3.55 points to 125.59.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows eleven stocks ending with bids higher than their last selling prices and five closing with lower offers. The PE ratio of the market ended at 18.1, while the Main Market ended at 17.4 times the 2019 earnings.
Scotia Group ended at $54.01, after losing 49 cents and transferring 92,235 shares, Sterling Investments ended at $3, with a loss of 60 cents as 71,000 shares crossed the exchange. Supreme Ventures climbed $1.35 to settle at $22.35, in swapping 153,799 shares, Sygnus Credit Investments lost 50 cents to finish at $24.50, after trading 30,562 units and Victoria Mutual Investments gained 45 cents to end the day’s trade a $8.50, with 188,051 shares changing hands.
At the close, the JSE All Jamaican Composite Index plummeted 4,132.06 points to close at 525,590.16, the JSE Market Index tumbled 3,791.47 points to 478,518.62 and the JSE Financial Index lost 1.47 points to 129.14.
In the prime market, Barita Investments lost 50 cents in closing at $66, with an exchange of 10,807 shares, Berger Paints ended at a 52 weeks’ low of $12.75, after losing $1.25 in transferring 1,238 stock units, Caribbean Cement dropped $6.49 to settle at $71.50, in swapping 19,413 units. Eppley Caribbean Property Fund slid $4 to $42 trading 1,699 shares, First Rock Capital fell $2.10 to a 52 weeks’ low of $9.90, with 102,462 stock units changing hands, Grace Kennedy slipped $2.01 to $65.99, exchanging 44,838 units. Jamaica Broilers shed $3.70 to end at $36 in transferring 66,313 stock units, Jamaica Producers gained $1 to close at $22 after trading 54,510 shares, Jamaica Stock Exchange dived $4.10 to $27.50, after swapping 601,102 stock units. JMMB Group ended at $40.75, with a loss of $3.80 in exchanging 234,108 shares, Kingston Wharves closed $2.03 lower to $51, in transferring 27,387 units. Mayberry Jamaican Equities lost 59 cents to end at $10.85, in swapping 10,000 stock units, NCB Financial shed $2 to end at $182 trading 56,333 units, 138 Student Living gained of 62 cents to $6.85, with and 8,056 stock units changing hands. PanJam Investment closed 49 cents higher to $99.99, with 125,859 shares traded, Portland JSX lost $1.30 to finish at $9.70, after exchanging 9,139 units, Proven Investments lost $1 to settle at $48, in trading 6,763 stock units. Pulse Investments gained 35 cents to close at $11.45, in swapping 66,358 shares, Sagicor Group lost 50 cents to end at $66.50, with an exchange of 42,533 shares, Sagicor Real Estate Fund closed at $9.50, with a loss of 35 cents after trading 120,731 shares. Salada Foods finished 75 cents higher after swapping 100 units and closed at $35. 
Scotia Group ended at $54.50, with gains of 50 cents in transferring 7,975 shares, Seprod declined by $2.59 to $51.41, with 38,386 shares changing hands, Stanley Motta lost 74 cents to close at $4.86 in trading 17,700 shares, Sterling Investments jumped 69 cents and ended at $3.60, after exchanging 556,975 shares. Supreme Ventures lost 50 cents to settle at $21, in swapping 100,761 shares, Sygnus Credit Investments shed 94 cents to finish at $25, after transferring 36,384 shares, Victoria Mutual Investments dropped $1.20 to $8.05, trading 221,309 shares and Wisynco Group lost 43 cents to end the day’s trade of 1,334,069 shares at $22.67.
At the close of trading, the JSE All Jamaican Composite Index lost 1,949.68 points to close at 529,722.22, the JSE Market Index slipped 1,727.36 points to 482,310.09 and the JSE Financial Index lost 0.52 points to 130.61.
The Market closed with an average of 1,473,859 units valued at an average of $8,907,441 for each security traded, in contrast to 678,890 units valued at an average of $4,524,631 on Thursday. The average volume and value for the month to date amount to 624,731 units valued at $3,239,665 for each security changing hands compared to 596,981 units valued at $2,909,960 for each security traded. Trading in January resulted in an average of 626,134 units valued at $3,511,981 for each security.
PanJam Investment dipped $1.44 to $99.50 with an exchange of 15,383 units, Pulse Investments lost 35 cents to close at $11.10, in swapping 8,059,323 shares, Sagicor Group gained $1 to settle at $67, in exchanging 61,960 shares, Sagicor Real Estate Fund closed at $9.85, with gains of $1.05 in trading 362,100 shares. Scotia Group ended at $54, with a loss of $1 in transferring 272,072 shares, Seprod climbed $3 to $54, with 184,717 shares changing hands, Stanley Motta rose 40 cents to $5.60, trading 319,182 shares. Supreme Ventures lost 55 cents to settle at $21.50, in swapping 561,008 shares, Sygnus Credit Investments shed $1.06 to finish at $25.94, after transferring 88,979 shares. Victoria Mutual Investments slipped 50 cents to $9.25, with the trading of 226,844 shares and Wisynco Group gained 50 cents to end the day’s trade at $23.10, with an exchange of 1,803,893 shares.
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.
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.
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.
At the close, the JSE All Jamaican Composite Index advanced 3,121.11 points to close at 538,262.01, the JSE Market Index rose 2,814.17 points to 490,002.61 and the JSE Financial Index gained 0.67 points to 132.78.
Sagicor Group advanced $1.40 to $70.50 exchanging 36,185 units, Scotia Group gained 65 cents and ended at $54, in transferring 54,800 stock units. Seprod closed at $53, after climbing $3 with 40,018 shares changing hands, Supreme Ventures lost 99 cents to settle at $22.01, in swapping 92,596 stock units and Sygnus Credit Investments advanced by 95 cents to $26.95, with an exchange of 101,488 shares.
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.