The Main Market of the Jamaica Stock Exchange continued to slide on Thursday with the market being down in all trading days of July except for a brief rise of less than a thousand points on Thursday last week, with the All Jamaica Index to be down 12,027 points for the month to date.
At the close, the All Jamaican Composite Index declined by 1,202.72 points to 405,477.48, the JSE Market Index slipped 1,086.54 points to 369,994.31 and the JSE Financial Index carved out a gain of 0.08 points to close at 95.69.
Trading ended with 42 securities changing hands with the prices of 15 stocks rising, 17 declining and 10 closing unchanged and the average PE Ratio ended at 15.5 based on IC Insider.com forecasted 2020-21 earnings.
The market closed with an exchange of 16,789,783 shares accounting for $102,277,280 compared to 26,057,067 units at $114,023,224 on Wednesday. The average trade for the day ended at 399,757 units at $2,435,173 in contrast to an average of 651,427 valued at $2,850,581 on Wednesday. The average traded for July to date amounts to 483,377 units at $2,494,914 for each security, in contrast to 418,151 units at $2,504,951 each. The average volume and value for June closed at 818,748 units at $7,498,303.
Wigton Windfarm led trading with 7.97 million shares for 48 percent of total volume followed by 
Transjamaican Highway with 4.43 million units for 26 percent of the day’s trade and Pulse Investments with 913,284 units for 5.4 percent market share.
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 7 with lower offers.
At the close of the market, Barita Investments lost 50 cents to end at $58.50 in an exchange of 930 units, Berger Paints closed 99 cents lower at $13, in transferring 100 units, Caribbean Cement climbed $2.10 to $49, after trading 407,518 shares. First Rock Capital finished at $13.38, with a loss of 82 cents in exchanging 36,016 stock units, Grace Kennedy rose 49 cents to $57.99, with 348,320 shares crossing the market, Jamaica Broilers fell $1.89 trading 2,591 units and closed at $26.60, Jamaica Stock Exchange ended $1.24 lower at $22.51, in trading 7,685 units. 
NCB Financial Group advanced by $2 to $135, with investor having transferred 107,228 shares, 138 Student Living closed $1 higher at $6.99, with 2,000 stock units changing hands, PanJam Investment tumbled $6.50 and settled at $66.50, after trading 31,900 shares, Portland JSX climbed $1 to close at $9 trading 80 shares. Proven Investments slipped 95 cents to end at $33, in transferring 212,681 shares, Seprod gained 75 cents and closed at $52.50, with investors switching over 16,681 stock units. Sygnus Credit Investments gained 40 cents to finish at $16.40 with transfers of 18,009 stock units and Victoria Mutual Investments closed 34 cents lower to end at $7.26, in 62,150 shares changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading ended with 40 securities changing hands with the prices of 16 stocks rising, 16 declining and eight securities ended unchanged. At the close, the All Jamaican Composite Index fell 161.12 points to 406,680.20, the JSE Market Index shed 143.95 points to 371,080.85 and the JSE Financial Index lost 0.74 points to end at 95.61.
Sagicor Select Financial Fund with 1.6 million shares and Wisynco Group with 1.07 million units.
Jamaica Producers Group ended $1.25 higher at $23.75, after exchanging 13,952 units, JMMB Group shed 99 cents to finish at $31, with 75,710 shares crossing the market. Kingston Wharves gained 49 cents to settle at $53.99, in trading 6,202 units, NCB Financial Group fell $1.10 transferring 31,894 stock units and closed at $133, 138 Student Living lost 31 cents to end at $5.99, with 220,446 shares changing hands, Sagicor Group closed 51 cents lower at $45.50 trading 75,759 stock units. Sagicor Real Estate Fund finished at $7.75, after losing 54 cents transferring 258,099 shares, Scotia Group declined $2 to settle at $43, with trades of 131,758 shares and Seprod climbed $1.53 to $51.75, in transferring 21,484 stock units.
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 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, the All Jamaican Composite Index climbed 1,009.48 points to 416,767.63 and the Main Market Index advanced 912.88 points to 380,156.43. The JSE Financial Index closed unchanged at 98.38 points.
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.
Trading in May resulted in an average of 475,543 units valued at $3,077,280 for each security.
Mayberry Jamaican Investments lost 60 cents swapping 85,440 shares to close at $9.20, MPC Caribbean Clean Energy declined by $4 to $170, in exchange of 287 units. NCB Financial Group fell to $141, after losing $2.70 trading 52,823 stock units, Proven Investments closed $1 lower at $33, with a transfer of 45,593 stock units, Sagicor Group ended at $44.80, with a loss of $1.70 swapping 5,391,323 shares. Salada Foods gained 50 cents to close at $29, after exchanging 4,788 units, Scotia Group traded 205,805 shares at $42.50, having lost 80 cents and Sterling Investments picked up 30 cents, ending the day’s trade at $2.45 transferring 10,300 units.
At the close of trading, the JSE All Jamaican Composite Index dived 7,074.36 points to 411,662.86, the JSE Market Index dropped 6,402.83 points up to 375,463.29 and the JSE Financial Index lost 2.57 points to 97.17.
The average volume and value traded for the month to date amount to 406,241 units at $7,008,631, in contrast to 
JMMB Group dropped by 70 cents after ending at $33.30, with 57,156 shares changing hands, Kingston Wharves rose $1.27 to end at $57.27 in trading 616 units, Mayberry Investments advanced 35 cents in ending at $6 after swapping 128,733 units. Mayberry Jamaican Equities climbed 90 cents to settle at $10.50 trading 110,500 units, NCB Financial Group lost 52 cents to end at $139.51 trading 158,913 units, Pan Jam Investment advanced by $2 to settle at $75 with 432,418 stock units crossing the exchange. Proven Investments dropped $1.35 to end at $34.50 with a transfer of 22,266 shares, Sagicor Group climbed $1 to $46 after exchanging 27,292 stock units, Salada Foods gained 50 cents in closing at $30.50 trading 7,383 shares and Scotia Group shed $3.41 to close at $43.08 exchanging 112,216 stock units.