The Jamaica Stock Exchange Main Market ended trading on Tuesday with the market after rising stocks just edged out declining ones after an exchange of 42 percent fewer shares than on Monday.
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.
Trading ended with 45 securities changing hands compared to 47 on Monday with prices of 17 stocks rising, 16 declining and 12 remaining unchanged. The PE Ratio closed with an average of 17.1 based on ICInsider.com’s forecast of 2020-21 earnings.
At he market’s close 29,337,011 shares traded for $299,861,101 compared to 50,531,916 units at $293,507,250 on Monday.
Wigton Windfarm led trading with 36.5 percent of total volume after an exchange of 10.71 million shares, Sagicor Real Estate Fund followed with 20.5 percent for 6 million units, Transjamaican Highway preference share, 9.7 percent market share with 2.83 million units. Wisynco Group with 2.34 million units for 8 percent of the day’s trades, Transjamaican Highway 6.4 percent with 1.87 million units and Kingston Wharves with 1.56 million units for 5.3 percent market share.
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.
Investor’s Choice bid-offer indicator shows six stocks ending with bids higher than their last selling prices and five with lower offers.
At the close of the market, Barita Investments advanced $3.42 to $87 in trading 765,781 shares, Caribbean Cement lost $1.55 in closing at $60 with 257,378 stock units changing hands, Eppley climbed $1.45 to $26.50 trading 159 stocks. Eppley Caribbean Property Fund gained $2 to close at $47 while exchanging 11,000 units, Jamaica Producers rose 44 cents to $21.44 trading 16,580 stock units, JMMB Group lost $1.75 to close at $31.75, with 652,592 shares crossing the market. Kingston Wharves dropped $1.28 to $44.52, trading 1,557,609 units, Mayberry Jamaican Equities shed 50 cents to end at $7.75 in switching ownership of 2,214 shares, NCB Financial lost $2 to settle at $142, with 10,669 units crossing the exchange, Sagicor Group carved out a gain of 41 cents to close at $50.40 after clearing the market with 55,992 shares, Sagicor Real Estate Fund climbed $1.25 to $9 while exchanging 6,000,641 shares. 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.
In the preference segment, 138 Student Living Preference share increased $1.25 in ending at $5.90, with 4,000 stock units crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.