The Jamaica Stock Exchange Main Market dropped at the end of trading on Wednesday, with more stocks falling than rising after investors traded 62 percent fewer shares than on Tuesday.
At the close, the All Jamaican Composite Index fell 2,977.80 points to settle at 399,966.07, the Main Index dropped by 2,833.33 points to end at 364,976.44 and the JSE Financial Index carved out a loss 0.77 points to close at 94.06.
Trading ended with 45 securities changing hands compared to 41 securities on Tuesday and ended with the prices of 17 stocks rising, 22 securities declining and six remaining unchanged and the average PE Ratio of the market ending at 15.5 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 6,840,001 shares for $53,958,145 compared to 11,040,481 units at $46,318,943 on Tuesday. Wigton Windfarm led trading with 2.07 million shares for 30.3 percent of total volume, followed by Transjamaican Highway with 1.78 million units for 26 percent of the day’s trade and Sagicor Select Financial Fund with 1.44 million units for 21 percent market share.
Trading ended with an average of 152,000 units changing hands, for the day at $1,199,070 for each security, in comparison to an average of 269,280 shares at $1,129,730 on Tuesday. 
For the month to date, the average trade is 330,159 units at $1,538,143 for each security that traded, in contrast to 360,995 units at $1,596,828 to Tuesday. Trading for the month to date compares well to July with an average of 392,128 shares for $2,444,356.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows seven stocks ended with bids higher than their last selling prices and two with lower offers.
At the close of the market, Barita Investments dropped 39 cents to end at $58.50 with investors switching ownership of 17,506 shares, Berger Paints shed 35 cents to settle at $11.15 with an exchange of 9,702 stock units, Eppley Caribbean Property Fund increased $3 to a record closing high of $50 in exchange of 97,900 units. Jamaica Producers Group shed $1.80 to settle at $22 with investors switching ownership of 81,806 stocks, Jamaica Stock Exchange shed $1.40 to close at $20.60 crossing the market 74,227 shares. 
Key Insurance carved out a gain of 50 cents ending at $7.50 with investors swapping 1,135 units, Kingston Properties increased 57 cents to $7.60 after exchanging ten units. Kingston Wharves declined by $1.30 to close at $52.50 passing through the market 7,089 stock units, MPC Caribbean Energy declined by $19.85 to settle at $150 in trading 770 stock units, NCB Financial fell by $6.98 in closing at $130.02, with 222,268 shares passing through the market. Proven Investments increased 30 cents to settle at $35.70 in an exchange of 27,348 shares, Sagicor Group advanced by 90 cents in ending at $40 after trading 52,290 units, Salada Foods dropped by $1 to end at $27 in an exchange of 1,000 shares. Seprod advanced by $1.24 to close at $56.24 after trading 5,507 stocks, Sygnus Credit Investments shed 31 cents to close at $15.99 with 7,381 stocks changing hands and Wisynco Group shed 67 cents to end at $17.21 with investors swapping 82,451 units.
In the preference segment of the main market, Eppley 8.25% fell 62 cents to close at $8.50 and clearing the market with 58 units and JMMB Group 7.25% carved out a loss 30 cents to close at $1.20 with an exchange of 942 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the close of the market, the All Jamaican Composite Index carved out a loss of 2,268.81 points to settle at 402,943.87. The JSE Main Index fell 2,044.31 points to end at 367,809.77, the JSE Financial Index fell 0.24 points to settle at 94.83.
The day ended with 269,280 units on average trading at $1,129,730 for each security, in comparison to an average of 308,397 shares at $1,154,272 on Monday. The average traded for the month to date is 360,995 units at $1,596,828 for each security, in contrast to 378,165 units at $1,684,276 on Monday. Trading month to date compares well to July with an average of 392,128 shares for $2,444,356.
Key Insurance fell 50 cents to end at $7, with 34,354 shares passing through the market. NCB Financial Group climbed $3.45 to end at $137 after 79,513 shares crossed the exchange, 138 Student Living rose 60 cents to $6.60, finishing trading with 3,119 stock units, PanJam Investment fell $1.26 to $66.74, with an exchange of 11,013 shares, Proven Investments advanced by 40 cents to close at $35.40 trading 151 units. Sagicor Groupfell $1.41 after closing at $39.10 and exchanging 39,769 stocks, Sagicor Real Estate Fund lost 84 cents to end at $8 in trading 10,098 units, Salada Foods climbed $1 to close at $28 and clearing the market with just 200 shares. Scotia Group gained $3.30 to close at $47.50, finishing trading of 7,124 shares, Seprod fell $1.96 to close at $55 after exchanging 31,637 stocks and Stanley Motta declined by 38 cents to settle at $4.75 in trading 15,000 shares.
At the close, the All Jamaican Composite Index advanced by 1,062.28 points to settle at 405,212.68, the Main Index carved out a gain of 1,000.74 points to 369,854.08, the JSE Financial Index slipped 0.27 points to close at 95.07.
An average of 378,165 units traded for the month to date at $1,684,276 for each security, in contrast to 394,720 units at $1,810,039. Trading month to date compares adversely to July that ended with an average of 392,128 shares for $2,444,356.
First Rock Capital lost 51 cents to end at $13.50, clearing the market with 3,913 stock units, Jamaica Producers Group carved out a gain of $1.10 to close at $23.85 after exchanging 18,550 stock units, Jamaica Stock Exchange rose 95 cents to settle at $23.95, with 55,562 stock units crossing the exchange. Key Insurance fell by $1 closing at $7.50, with 10,894 units changing hands, Kingston Wharves rose $2.80 ending at $53.80 with an exchange of 768 units, NCB Financial Group dropped $4.45 to end at $133.55 while trading 32,645 units. Palace climbed $222.83 to $1,783.83 and 9 stock units passing through the market, Sagicor Group dipped $1.49 to settle at $40.51 exchanging 44,579 units. Sterling Investments lost 30 cents to end at $2.70 with investors swapping 932 shares and Wisynco Group gained 39 cents to end at $17.99 with an exchange of 28,333 stock units.
Trading month to date compares well to July that ended with an average of 392,128 shares for $2,444,356.
Kingston Wharves gained $1 to end at $51, with 3,270 stocks changing hands. Mayberry Investments climbed 90 cents to close at $5.90 with an exchange of 300 shares, Mayberry Jamaican Equities advanced by 44 cents to end at $9.19 with investors switching ownership of 10,750 units, Palace Amusement rose $11 to close at $1561, with nine units clearing the market. PanJam Investment shed $1 to close at $68 trading 6,594 stocks, Proven Investments carved out a gain of $1.05 to finish at $34.95 with investors switching ownership of 4,371 stock units, Sagicor Group dropped 50 cents to close at $42 with investors exchanging 33,395 stocks. Sagicor Real Estate Fund gained $1.02 to end at $8.88 while exchanging 110 stock units, Seprod gained 96 cents to settle at $56.96, with 36,600 shares crossing the exchange and Wisynco Group advanced 50 cents to $17.60 with investors wapping 85,689 stock units.
At the close, the All Jamaican Composite Index dropped 2,905.64 points to close at 404,865.14, the Main Index shed 2,630.02 points to settle at 369,556.63 and the JSE Financial Index 1.24 points to close at 95.77.
Trading month to date compares well to July that ended with an average of 392,128 shares for $2,444,356.
Kingston Wharves carved out a loss $3.50, with $50 569 units passing through the market. Mayberry Investments lost 99 cents to close at $5 trading 104,727 stocks, Mayberry Jamaican Equities lost 55 cents to end at $8.75 in trading 51,450 units, Palace Amusement dropped by $232.50 to end at $1,550 while exchanging 172 shares. PanJam Investment gained $3 to sit at $69, with 2,258 shares crossing the exchange, Sagicor Group carved out a loss $1.45 to close at $42.50, after 111,287 units changed hands, Scotia Group fell $3.95 to $44.05 in an exchange of 25,815 shares and Sygnus Credit Investments declined by 50 cents to settle at $16 while exchanging 9,658 stock units.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows 10 stocks ended with bids higher than their last selling prices and three with lower offers.
Sagicor Real Estate Fund dropped $1.03 to end at $7.86 trading 455 stocks. Salada Foods shed $2 to close at $27 in an exchange of 265 stock units, Scotia Group lost $3.70 to settle at $48 with 41,184 shares traded, Supreme Ventures lost 39 cents to finish at $15.10 with 130,605 shares changing hands. Sygnus Credit Investments fell 30 cents to end at $16.50, with an exchange of 11,550 stock units, Victoria Mutual Investments gained 53 cents to finish at $7.03, with investors transferring 257,519 units and Wisynco Group carved out a loss 57 cents to close at $17.05 with 64,103 units crossing the exchange.
The Jamaica Stock Exchange Main Market ended trading on Monday with the market rising in a bullish session at the start of August after more stocks rose than fell after investors exchanged 39 percent fewer shares with 70 percent higher value than they did on Friday.
The market closed with an exchange of 8,211,306 shares for $88,195,049 compared to 13,543,115 units at $51,906,344 on Friday.
Mayberry Jamaican Equities increased 60 cents to close at $9.35, with 14,901 shares changing hands, NCB Financial Group carved out an increase of $1.48 to close at $139.98 and finishing with 9,557 units crossing the exchange. Palace Amusement jumped $232.50 to close at $1,782.50 in an exchange of just four units, Proven Investments declined by 45 cents in ending at $34.30 in an exchange of 832 units, Sagicor Group rose $1.01 to settle at $44, with 3,938 stock units trading. Salada Foods rose $1 to settle at $29 with investors swapping just one stock, Scotia Group climbed sharply by $5.21 to close at $51.70 with investors trading 518,331 shares, Stanley Motta rose by 43 cents to close at $5.13 in trading 10,010 stock units. Supreme Ventures gained 49 cents in ending at $15.49 after 1,129,584 shares crossed the exchange, Sygnus Credit Investments rose 93 cents to end at $16.80 trading 1,500 shares and Victoria Mutual Investments carved out a loss 53 cents to close at $6.50 while exchanging 126,311 stock units.
At the close, the All Jamaican Composite Index carved out a gain of 4,915.75 points to settle at 405,893.04; the Main Index gained 4,474.49 points to end at 370,421.97, the JSE Financial Index advanced by 1.37 points to settle at 95.97.
An average of 374,929 units traded for the month to date at $2,445,605 for each security that traded, in contrast to 376,532 units at $2,496,231. Trading month to date compares adversely to June that ended with an average of 818,748 units at $7,498,308.
NCB Financial increased $2.50 to close at $138.50, with 12,621 stocks crossing the market, 138 Student Living carved out a loss 84 cents to settle at $6.04 with an exchange of 3,397 shares. PanJam Investment dropped 94 cents to end at $66.06, in finishing trading of 553 stock units, Sagicor Group rose 99 cents to end at $42.99 in exchanging 9,421 shares, Scotia Group increased $3.49 to $46.49 trading 55,656 units, Supreme Ventures gained 50 cents in ending at $15, with investors switching ownership of 24,033 units and Sygnus Credit Investments declined by 50 cents to close at $15.87 in an exchange of 13,780 shares.
An average of 293,833 units traded on Thursday at $1,749,718 for each security in comparison to an average of 486,116 at $3,097,438 on Wednesday. An average of 376,349 units traded for the month to date at $2,494,872 for each security that traded, in contrast to 380,152 units at $2,529,211. In contrast, June ended with an average of 818,748 units at $7,498,308.
Mayberry Jamaican Equities carved out a loss 65 cents, in ending at $8.05, after 153,810 stock units passed through the market. NCB Financial declined by $1 to close at $136 in trading 179,518 shares, 138 Student Living carved out a gain of 88 cents to settle at $6.88, with 107,744 units changing hands, Palace Amusement dropped $239 to $1550 while exchanging a mere one stock. PanJam Investment lost $1.98 to close at $67 with investors switching ownership of 51,626 shares, Proven Investments rose 50 cents to settle at $34.50 with an exchange of 5,079 stocks, Sagicor Group carved out a loss 97 cents to end at $42 in trading 266,591 units. Scotia Group fell $2.50 to settle at $43 and cleared the market with 132,151 stock units, Seprod shed $1.20 to close at $56 after exchanging 2,061 units and Wisynco Group rose 69 cents to $17.99 nd trading 6,314 shares.
An average of 380,348 units traded for the month to date at $2,530,672 for each security that traded, in contrast to 374,963 units at $2,501,819. In contrast, June ended with an average of 818,748 units at $7,498,308.
Kingston Wharves increased by $3.99 to settle at $53 with investors switching ownership of 100 shares. NCB Financial Group declined by $1 to end at $137 in clearing the market with 274,124 stock units, Palace Amusement advanced by $6.50 to end at $1,789 in an exchange of one share, PanJam Investment increased $3.99 to settle at $68.98, after 396,216 stock units changed hands. Proven Investments rose $1.49 to end at $34 after exchanging 16 shares, Sagicor Group gained 97 cents to settle at $42.97 in trading 330,558 shares, Scotia Group advanced $2.50 to $45.50 in trading 321,309 units and Sterling Investments climbed 50 cents and ended at $3.25 in an exchange of 1,598 units.