Trading picked up on the Jamaica Stock Exchange Main Market on Tuesday with a tripling of the number of shares changing hands at nearly three times the value, but the market index dipped by the close.
At the close, the All Jamaican Composite Index dropped 1,754.44 points to 406,841.32, the JSE Market Index sank 1,536.62 points to 371,224.80 and the JSE Financial Index gained 0.09 points to 96.35. The average PE Ratio of the Main Market closed at 15 based on IC Insider.com forecasted 2020-21 earnings.
Trading ended with 41 securities changing hands with the prices of 18 stocks rising, 19 declining and four unchanged. The market closed with an exchange of 16,335,306 shares accounting for $134,380,830 compared to 5,526,846 units at $49,678,898 on Monday. Transjamaican Highway led trading with 6.10 million shares for 37.4 percent of total volume followed by Sagicor Select Financial Fund with 4.81 million units for 29.5 percent of the day’s trade and Wigton Windfarm with 1.61 million units for 9.9 percent market share.
The average trade for the day ended at 398,422 units at $3,277,581 in contrast to an average of 128,531 valued at $1,155,323 on Monday. 
An average of 373,718 units traded for the month to date for $4,445,101 in contrast to 367,724 units at $1,363,982. The average volume and value for June was 818,748 units at $7,498,303.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the Main market shows 11 stocks ended with bids higher than their last selling prices and 5 with lower offers.
At the close of the market, Barita Investments gained $1.52 to settle at $59 after exchanging 830 units, Berger Paints closed 99 cents higher at $13.99, in trading 5,037 stock units, Caribbean Cement fell to $47.90, with a loss of 60 cents in the transfer of 313,005 shares. Eppley Caribbean Property Fund climbed $1 to $44, with an exchange of 6,240 shares, First Rock Capital shed 95 cents trading 12,623 stock units and closed at $13.05, Grace Kennedy shed $1 to finish at $55, after trading 420,726 shares. 
Jamaica Producers ended at $22.50, having lost $1 in transferring 39,348 units, JMMB Group jumped $1.48 to $31.99, with 67,277 shares crossing the market, MPC Caribbean Clean Energy advanced $4 to close at $172 after trading just 100 units. NCB Financial Group declined $1.40 to $134.10 with an exchange of 393,783 shares, Palace Amusement sustained a loss of $10 to finish at $1,790, after swapping 20 units, PanJam Investment dropped $1 in trading 10,829 stock units and settled at $73. Proven Investments ended with a loss of 44 cents at $33.95, with 1,637 units changing hands and Wisynco Group shed 30 cents to finish at $17.70, in transferring 34,252 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the close, the JSE All Jamaica Composite Index declined by 6,453.85 points to 408,595.76, the JSE Market Index dropped 5,842.37 points to 372,761.42 and the JSE Financial Index lost 2.05 points to end at 96.26. The average PE Ratio of the Main Market closed at 15.3 based on IC Insider.com forecasted 2020-21 earnings.
Friday. In Contrast, trading in June resulted in an average of 818,748 units for $7,498,308 for each security.
Kingston Wharves gained 36 cents and closed at $53.36 in trading 3,673 units, NCB Financial Group declined by 40 cents to end at $135.50 after exchanging 163,040 shares. Portland JSX rose 55 cents to end at $7.90 and trading 20,187 stock units, Sagicor Group declined by $3.89 to $46.10 with a transfer of 23,410 units. Sagicor Real Estate Fund jumped 54 cents to $8.29 with investors trading 69,628 stock units, Salada Foods dropped $3.40 to close at $25 after exchanging 3,775 units, Scotia Group declined by $2.25 to end at $45, in transferring 34,944 stock units and Seprod shed $2.79 to settle at $50.20 with 19,161 units changing hands.
At the close, the All Jamaican Composite Index carved out a gain of 832.41 points to end at 415,049.61, the Main Index added 722.07 points to finish at 378,603.79 and the JSE Financial Index eked out a rise of 0.45 points to 98.31. The average PE Ratio of the Main Market ended at 15.4 based on IC Insider.com’s forecasted 2020-21 earnings.
Other stocks trading a million shares or more are Pulse Investments was the only, closing the day’s trade with 1.5 million units and Victoria Mutual Investments, with 1.15 million units.
Eppley Caribbean Property Fund closed 95 cents lower at $43, in the trading of 5,210 units, First Rock Capital gained 99 cents transferring 3,676 units to end at $13. Grace Kennedy shed 99 cents to end at $57, with 29,597 shares changing hands, Kingston Properties picked up 30 cents in transferring 250 units at $7.30, NCB Financial Group lost $1.60 to end at $135.90, with 158,628 shares crossing the market. 138 Student Living lost 50 cents to settle at $6.30, in trading 39 units, Palace Amusement sustained a loss of $50 to close at $1,800, with an exchange of 41 units, Proven Investments closed at $34.49, after losing 51 cents in transferring 20,487 stock units. Pulse Investments shed 40 cents to close at $3.70, with an exchange of 1,546,204 shares, Scotia Group jumped $2.25 to $47.25 in trading 608,394 shares, Supreme Ventures picked up 38 cents to end at $15.39 as investors transferred 37,543 stock units and Wisynco Group lost 68 cents in trading 86,232 shares at $18.12.
At the close, the All Jamaican Composite Index carved out a drop of 4,902.61 points to 414,217.20, the Jamaica Stock Exchange Main Index dived 4,332.39 points to close at 377,881.72 and the JSE Financial Index shed 1.18 points to end at 97.86. The average PE Ratio of the Main Market ended at 15.2 based on IC Insider.com’s forecasted 2020-21 earnings.
The average trade for Thursday ended at 589,361 units for $4,015,424 in contrast to an average of 460,871 at $1,428,250 on Wednesday. The average trade for the month to date is 525,872 for $2,737,055, in contrast to 460,871 units at $1,428,250 for each security. In contrast, June ended with an average of 818,748 units at $7,498,308 for each security traded.
Jamaica Broilers Group rose 68 cents to end at $28.67, with 2,083,164 shares changing hands. Jamaica Stock Exchange lost 44 cents to finish at $21.50, with an exchange of 31,009 stock units, JMMB Group picked up 50 cents transferring 35,000 stock units to settle at $31.50, Kingston Wharves declined to $53, with a loss of $4 exchanging 6,580 units. MPC Caribbean Clean Energy climbed $8 to $168, in trading 501 units, NCB Financial Group gained 80 cents to finish at $137.50 with 120,381 shares changing hands, PanJam Investment fell $1 to finish at $74 with the trading of 104,975 shares. Sagicor Group climbed $3.90 to close at $50.15 as 110,812 shares crossed the market, Scotia Group closed 90 cents higher at $45, in trading 348,793 shares and Sygnus Credit Investments lost 50 cents to end at $16, with a transfer of 5,043 stock units.
At the close, the All Jamaican Composite Index declined 1,615.74 points to 419,119.81. The Main Index dropped 1,541.69 points to 382,214.11 and the JSE Financial Index lost 0.67 points to 99.04. The average PE Ratio of Main Market ended at 15.1 based on IC Insider.com’s forecasted 2020-21 earnings.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the Main market shows 12 stocks ending with bids higher than their last selling prices and three with lower offers.
NCB Financial gained 70 cents to settle at $136.70 in trading 37,711 stock units. PanJam Investment jumped $5 to $75, with an exchange of 1,372 units, Portland JSX slid 55 cents to $7.35, after exchanging 200 units, Proven Investments shed 50 cents to close at $35 trading 833 units. Pulse Investments gained 75 cents trading 4,255,782 shares to finish at $4.17, Sagicor Group declined by $4.75 to $46.25, after 726 units crossed the exchange, Salada Foods closed $1.45 lower to end at $28.45, with an exchange of 3,942 units. Scotia Group fell by $1.30 to $44.10, with 79,077 shares changing hands, Sygnus Credit Investments lost 49 cents to settle at $16.50 trading 6,400 stock units and Wisynco Group traded 28,698 stock units and fell 99 cents to $18.51.
The market enjoyed a sharp rise in the prices of Barita Investments, up by $3.70, Jamaica Broilers rising $2.10, Kingston Wharves climbing $4.20, Palace Amusement gaining $10, Sagicor Group added $4.97 and Wisynco Group with a rise of $1.98. NCB Financial lost $2.90, PanJam Investments shed $5 and Scotia Group lost $1.60.
Other securities trading a million units or more are Carreras with 1.1 million units and Wigton Windfarm with 1 million shares.
Mayberry Investments gained 35 cents to settle at $6, after investors transferred 10,171 stock units, Mayberry Jamaican Equities picked up 40 cents, in ending at $10 with an exchange of 50,040,562 shares. NCB Financial Group declined by $2.90 to close at $136, with 42,866 shares changing hands, Palace Amusement advanced by $10, to $1,850 with an exchange of just two units, PanJam Investment declined by $5 to settle at $70 having 11,901 units crossing the exchange. Proven Investments rose $1 to end at $35.50 with a transfer of 8,998 stock units, Sagicor Group climbed $4.97 to close at $51, after exchanging 111,028 shares. Scotia Group shed $1.60 to close at $45.40 trading 43,845 shares and Wisynco Group jumped $1.98 to close at $19.50 with 475,698 units passing through the market.
At the close of market activities on Monday, the JSE All Jamaican Composite Index dropped 4,523.57 points to 412,244.06, the JSE Market Index dived 4,167.69 to end at 375,988.74 and the JSE Financial Index slipped 0.97 points to settle at 97.41.
The average volume and value for the month to date amounts to 782,169, units at $7,295,380 in contrast to 808,713 units at $7,227,394 previously. May closed with an average of 475,543 shares at $3,077,280 for each security traded. IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the Main market shows 14 stocks ended with bids higher than their last selling prices and 3 with lower offers.
MPC Caribbean Clean Energy dropped $1 to settle at $169, trading 200 units, NCB Financial Group lost $1.09 to close at $138.90 in the transfer of 119,505 shares, 138 Student Living climbed 42 cents to settle at $6.72 in trading just one stock unit, Palace Amusement jumped $240 to settle at $1,840 with an exchange of 25 units. PanJam Investment climbed $2 in ending at $75 with 6,582 stock units traded, Proven Investments increased $1.50 to $34.50 in the exchange of 560 stock units, Sagicor Group shed 97 cents to settle at $46.03 with the transfer of 66,782 units. Salada Foods rose 90 cents to end at $29.90, exchanging 20 shares, Scotia Group eased by 35 cents in closing at $47 in trading 10,164 stock units and Wisynco Group shed $1.18 to end at $17.52 with 130,643 shares crossing the exchange.
Supreme Ventures was the only other stock trading, to exceed a million units, and it ended with 1.3 million units changing hands.
Jamaica Broilers rose $1 to $29 with a transfer of 870 shares, Jamaica Producers gained $1 to settle at $25 in trading 36,130 units. Mayberry Investments advanced 34 cents to $5.99 with 10,090 stock units changing hands, Mayberry Jamaican Equities shed 50 cents to settle at $9.50 in exchanging 427 shares, NCB Financial lost $1.20 to end at $139.99 in trading 33,259 stock units. Scotia Group climbed $3.70 to end at $47.35 in the swapping of 3,767 units, Seprod rose $1.80 in ending at $53 and exchanging 26,888 stock units, Victoria Mutual Investments declined 45 cents to settle at $7.45 with 296,346 stock units changing hands and Wisynco Group advanced by 47 cents to end at $18.70 with 52,410 units crossing the market.
The average volume for the month to date ended at 813,827 units at $7,465,362 for each security changing hands, compared to 840,420 units with an average value of $7,750,590. Trading in May resulted in an average of 475,543 units valued at $3,077,280 for each security.
Mayberry Investments closed 35 cents lower at $5.65 exchanging 220 units, Mayberry Jamaican Equities settled at $10, with a loss of 50 cents in transferring 104,953 shares. NCB Financial Group ended at $141.19, after losing $1.81 and exchanging 34,458 stock units, 138 Student Living lost 41 cents to close at $6.31, with 503 units changing hands. Pan Jam Investment declined by $2.20 to end at $73, having swapped 9,414 stock units, Sagicor Group climbed $1 to $47, with 133,260 shares crossing the market, Salada Foods fell by $1 to settle at $29, after 2,216 units crossed the exchange. Scotia Group finished $3.85 lower at $43.65, with a transfer of 53,399 shares, Seprod dropped $1.80 trading7,154 units and closed at $51.20, Victoria Mutual Investments gained 30 cents, ending at $7.90 with an exchange of 219,564 shares and Wisynco Group picked up 66 cents trading940,749 shares to end at $18.23.
The average security trading on Tuesday amounted to 8,356,516 units at $23,722,641, in contrast to 622,587 units at an average of $9,753,453 on Tuesday. For the month to date, an average of 840,420 units traded at $7,750,590 for each security, compared to 400,703 units with an average of $6,759,539. Trading in May resulted in an average of 475,543 units valued at $3,077,280 for each security.
Key Insurance rose 50 cents to $4.50, with 200 units changing hands, Kingston Wharves advanced $1.31 to $57.49, in trading 4,056 tock units, Mayberry Jamaican Equities climbed $1.30 to $10.50 after 52,656 shares changed hands. NCB Financial Group closed $2 higher at $143, with 27,698 units crossing the exchange, Palace Amusement lost $300 to ended at $1,600, after investors transferred 304 shares, Sagicor Group climbed $1.20 to $46, in swapping 11,182 units. Salada Foods added $1 to close at $30 trading 400 shares, Scotia Group advanced by $5 to $47.50, with an exchange of 651,703 units and Wisynco Group shed 43 cents to end at $17.57, with 84,048 shares changing hands.