The Jamaica Stock Exchange Main Market recovered some of Tuesday’s losses but the gains were not nearly enough to wipe out Tuesday fall as 42 securities changed hands with the prices of 24 stocks rising, 15 declining and three remaining unchanged.
At the close, the All Jamaican Composite Index gained 1,220.61 points to settle at 403,259.52. The JSE Main Index rose 1,024.69 points to settle at 367,932.73 and The JSE Financial Index gained 0.21 points to end at 95.24.
Trading ended with and the average PE Ratio of the market ended at 14.9 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 20,416,869 shares for $130,092,416 compared to 11,625,612 units at $49,526,202 from the trading of 41 securities on Tuesday.
Transjamaican Highway led trading with 11.76 million shares for 57.6 percent of total volume, followed by Wigton Windfarm with 5.17 million units for 25.3 percent of the day’s trade and PanJan Investment with 396,216 units for two percent market share.
An average of 486,116 units traded on Wednesday at $3,097,438 for each security in comparison to an average of 283,539 at $1,207,164 on Tuesday. 
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.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows eight stocks ended with bids higher than their last selling prices and three with lower offers.
At the close of the market, Barita Investments lost $4.51 to end at $53.43 with an exchange of 4,361 units, Caribbean Cement rose $1.73 to close at $45.73 with an exchange of 5,370 stock units, Eppley Caribbean Property Fund dropped $6.10, to $40 with investors switching ownership of 6,134 shares. First Rock Capital dipped by 45 cents to settle at $13 while exchanging 14,345 shares. Jamaica Broilers Group gained $1, in ending at $25, with 5,422 shares passing through the market, Jamaica Producers Group rose 80 cents to $23.30 while exchanging 46,734 units, Jamaica Stock Exchange increased 50 cents to settle at $22, with 56,148 stock units changing hands. JMMB Group carved out a gain of 40 cents in ending at $31.80 after 18,979 stock units passed through the market. Key Insurance climbed 75 cents to close at $7.75 in trading 104,137 units, 
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.
In the preference segment, Eppley 8.25% advanced by 89 cents to settle at $6.81 with investors swapping 450 shares and 138 Student Living Preference share, fell 40 cents to close at $5.20 in trading just five units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE Main Market inches higher
Trading ended with 43 securities changing hands Jamaica Stock Exchange Main Market, down slightly from 45 on Friday, with trading levels remaining extremely low, with an exchange of 14,627,962 shares for $56,812,175 compared to 7,203,254 units at $47,857,862 on Friday.
At the close, the prices of 16 stocks rising, the 17 stocks declining and ten remaining unchanged, with the average PE Ratio of the market, ending at 15.3 based on IC Insider.com’s forecast of 2020-21 earnings. In the end, the All Jamaican Composite Index just carved out a gain of 234.59 points to 406,241.88, the Main Index squeezed out a rise of 434.91 points to at 370,741.73, while the JSE Financial Index slipped 0.20 points to 95.91.
The market closed, with Transjamaican Highway leading trading with 9.83 million shares for 67 percent of total volume, followed by Wigton Windfarm with 2.45 million units for 16.8 percent of the day’s trade and Sagicor Select Financial Fund with 565,157 units for 4 percent market share.
An average of 340,185 units traded on Monday at $1,321,213 for each security, in comparison to an average of 160,072 at $1,063,508 on Friday. An average of 379,528 units traded for the month to date at $2,567,817 for each security that traded, in contrast to 381,808 units at $2,640,059. In contrast, 
June ended with an average of 818,748 units at $7,498,308.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows five stocks ended with bids higher than their last selling prices and four with lower offers.
At the close of the market, Barita Investments climbed $4 to end at $57 after exchanging 1,588 shares, Berger Paints fell $1 to $12 in trading 17,604 units, Eppley Caribbean Property Fund jumped $7 in closing at $46.10 and exchanged 867 shares. First Rock Capital dropped by 40 cents in closing at $13 with 6,716 shares crossing the market, Jamaica Broilers Group lost 50 cents to close at $25, with 4,316 shares changing hands, Jamaica Producers Group gained 73 cents to end at $23.40 with investors switching ownership of 250 stock units. 
Jamaica Stock Exchange advanced by 45 cents to $21.95, with 11,122 stock units crossing the market, JMMB Group declined by 50 cents to end at $31 after exchanging 74,555 stock units, Key Insurance climbed $1 in closing at $6 and clearing the market with 49,631 shares. Mayberry Investments increased $1.20 t $6.50 with investors switching ownership of 10,421 shares, Palace Amusement jumped $232.50 to close at $1782.50 with investors trading just stock unit, PanJam Investment fell 96 cents after closing at $66.05 and exchanging 3,087 shares. Portland JSX declined by $1.10 to close at $7.25 trading 80,000 units, Proven Investments gained 50 cents to end at $33.50 with 18,517 stock units changing hands, Sagicor Real Estate Fund carved out a gain of $1.17 in ending at $8.92 with an exchange of 1,217 units. Scotia Group lost 30 cents closing at $44.20 with investors swapping 155,653 stock units and Seprod gained $1 to close at $57, with 24,527 shares changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE Main Market suffers weekly loss
The slide continued on the Jamaica Stock Exchange for a fourth consecutive day on Friday and in the process wiping 6,905 points off the All Jamaica Composite Index since the close on Monday and down 5,574 points for the week as trading levels remained modest.
At the close, the All Jamaican Composite Index declined by 727.14 points to 406,007.29, the Main Index carved out a loss 658.24 points to 370,306.82, the JSE Financial Index fell 0.37 points to 96.11.
Trading ended with 45 securities changing hands, up from just 38 on Thursday and the market closed on Friday, with the prices of 13 stocks rising, the prices of 18 declining and 14 remaining unchanged and the average PE Ratio of the market ended at 14.9 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 7,203,254 shares for $47,857,862 compared to 4,909,660 units at $39,906,681 on Thursday.
Transjamaican Highway led trading with 2.92 million shares for 40.6 percent of total volume followed by Wigton Windfarm with 1.37 million units for 19 percent of the day’s trade and Sagicor Select Financial Fund with 660,723 units for 9.2 percent market share.
An average of 160,072 units traded for the day at $1,063,508 for each security in comparison to an average of 129,202 at $1,050,176 on Thursday. An average of 381,808 units traded for the month to date at $2,640,059 for each security that traded, in contrast to 396,128 units at $2,741,845. In contrast, June ended with an average of 818,748 units at $7,498,308.
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 one with lower offers.
At the close of the market, Barita Investments fell $2 to close at $53, with 2,904 shares crossing the exchange, Caribbean Cement climbed 50 cents in closing at $46, with 22,713 stock units changing hands. Jamaica Broilers Group lost $1 to settle at $25.50 after 73,432 shares cleared the market, Mayberry Investments fell 70 cents to settle at $5.30 in trading 7,578 units, Mayberry Jamaican Equities increased 35 cents to close at $9.70 after exchanging 6,763 stock units. 
Palace Amusement dived $175 to $1,550 after exchanging one stock unit, PanJam Investment shed $2.99 in closing at $67.01 with investors swapping 1,112 shares, Proven Investments dropped $1 to settle at $33 in an exchange of 7,955 stock units. Sagicor Group carved out a gain of 75 cents to close at $43.75, with 3,908 units crossing the exchange, Salada Foods climbed 40 cents to settle at $28 trading 660 units, Scotia Group fell $1.75 to $44.50 and finishing trading with 32,231 shares. Seprod jumped $4 in ending at $56 with 137,391 units passing through the market after the company reported a strong increase in half-year profit. Sterling Investments climbed by 60 cents to settle at $3.15 after 100,977 shares crossed the market and Supreme Ventures lost 69 cents in closing at $14.86 with an exchange of 151,113 units.
In the Preference share segment, 138 Student Living climbed 40 cents and ended at $5.60 after clearing the market with 333 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE Main Market drops again
The Main Market of the Jamaica Stock Exchange gave back more of the gains enjoyed last week as investors cut, the All Jamaican Composite Index down by 2,574.66 points to 406,734.43 and slashed 2,330.72 points off the Main Index to close at 370,965.06.
The JSE Financial Index declined 0.87 points to end at 96.48 and reflects stability in this sector as trading ended with 38 securities changing hands with the prices of 13 stocks rising, the prices of 13 declining and 12 remaining unchanged.
The average PE Ratio of the Main market ended at 14.9 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 4,909,660 shares for $39,906,681 compared to 5,825,935 units at $58,494,661 on Wednesday. Transjamaican Highway led trading with 1.52 million shares for 30.9 percent of total volume, followed by Carreras with 810,362 units for 16.5 percent of the day’s trade and Mayberry Investments with 707,749 units for 14.4 percent market share.
An average of 129,202 units traded for the day at $1,050,176, in comparison to an average of 153,314 at $1,539,333 on Wednesday. An average of 396,123 units traded for the month to date at $2,741,845 for each security that traded, in contrast to 411,515 units at $2,83,3929. In contrast, June ended with an average of 818,748 units at $7,498,308units.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the Main market shows six stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close of the market, Barita Investments carved out a loss $1 to end at $55 in trading 1,018 shares, Caribbean Cement gained 50 cents to settle at $45.50 to finish with 13,650 stock units changing hands, Eppley dropped 39 cents to close at $17 trading 50,142 units. Jamaica Broilers Group fell $1 to settle at $26.50 in exchanging 2,082 shares, Kingston Wharves gained $1.50 to settle at $51.50 with 1,290 stock units passing through the market, Proven Investments lost 50 cents to settle at $34, with 990 shares crossing the exchange. Sagicor Group fell $3 to settle at $43 while exchanging 61,960 units and Scotia Group carved out a gain of $1.25 and ending at $46.25, with 3,859 shares crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE Main Market adding on points
The All Jamaican Composite Index climbed 1,330.49 points to 413,639.59 on Monday and is now up 6,544 points since the close of the market on Tuesday last as the market continues to recover from a sell-off in the earlier part of the month.
At the end of trading on Monday, the Main Index added 1,176.24 points to end at 377,131.47 while the JSE Financial Index, gained just 0.48 points to close at 98.07.
Trading ended with 40 securities changing hands with the prices of 16 stocks rising, 16 declining and eight remained unchanged. The average PE Ratio of the Main market ended at 14.9 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 26,760,431 shares for $93,968,080 compared to 11,975,814 units at $126,008,778 on Friday.
Transjamaican Highway led trading with 10.79 million shares for 40.3 percent of total volume followed by JMMB Group 7.50% with 7.9 million units for 29.5 percent of the day’s trade, Pulse Investments with 2.73 million units for 10.2 percent market share. Jamaica Broilers Group chipped in with 1.85 million units and Wigton Windfarm with 1.8 million units with each accounting for 7 percent of total market share.
An average of 669,011 units traded for the day at $2,349,202 for each security, in comparison to an average of 292,093 at $3,073,385 on Friday. An average of 410,260 units traded for the month to date at $2,965,343, for each security that traded, in contrast to 391,200 units at $3,014,746. For comparative purposes, June ended with an average of 818,748 units at $7,498,308.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the Main market shows seven stocks ended with bids higher than their last selling prices and one with lower offers.
At the close of the market, Barita Investments declined by 39 cents in ending at $59.60 with investors switching ownership of 514 stock units, Jamaica Broilers Group fell 48 cents to $25.50 with 1,848,058 units passing through the market, Jamaica Producers Group gained 98 cents in ending at $23.50 with 1,299 shares changing hands. 
Kingston Wharves shed 50 cents in closing at $53.50 and clearing the market with 580 shares, MPC Caribbean Clean Energy fell $5 to end at $155 after exchanging 5 shares, PanJam Investment dropped $2.99 to settle at $71.01 with an exchange of 1,687 stock units. Portland JSX declined by 68 cents to close at $7.32 with investors switching ownership of 3,415 units, Proven Investments climbed $1.71 to close at $33.41, with 15,980 units crossing the exchange, Sagicor Group carved out a gain of 50 cents to settle at $46.50, with 29,145 shares changing hands. Scotia Group, after rising 49 cents and ended at $44 in exchanging 10,050 stock units and Wisynco Group climbed 50 cents to close at $18, with investors switching ownership of 16,104 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE Main Market jumps 10,000 points
The JSE All Jamaican Composite Index jumped nearly 10,000 points for the week after the index gained 2,255.06 points Friday to close at 412,309.10 to be up 9,656 points for the week, but is still well off from the nearly 420,735 points close for June.
The Main Index gained 1,812.5 points to 375,955.23 while the JSE Financial Index rose 0.63 points to 97.59.
Trading ended with 41 securities changing hands with the prices of 12 stocks rising, 16 declining and 13 remaining unchanged. The average PE Ratio of the market ended at 14.9 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 11,975,814 shares for $126,008,778 compared to 14,547,430 units at $117,545,736 on Thursday. Transjamaican Highway led trading with 5.08 million shares for 42.4 percent of total volume, followed by Wisynco Group with 2.83 million units for 24 percent of the day’s trade and Wigton Windfarm with 1.36 million units for 11 percent market share.
An average of 292,093 units traded at $3,073,385 for each security on Friday, compared to an average of 354,815 at $2,866,969 on Thursday. An average of 391,200 units changed hands for the month to date at $3,010,746 for each security, versus 399,294 units at $3,005,630 on Thursday. 
The market closed in June with an average of 818,748 units at $7,498,308.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the Main market shows eight stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close of the market, Barita Investments jumped $4.98 to close at $59.99 with investors swapping 10,388 shares, Berger Paints rose $1.58 to $13.48 with 80 shares clearing the market, Caribbean Cement climbed $2.35 to end at $49.50 while exchanging 1,433 stock units. Eppley Caribbean Property Fund dropped $7.40 to close at $39.10 with an exchange of 1,200 units, Jamaica Broilers Group gained 88 cents to end at $25.98 in exchanging 2,466 units. Jamaica Producers Group shed 98 cents to settle at $22.52 trading 20,657 shares, JMMB Group fell 30 cents after closing at $31.15 in trading 559,448 units, Kingston Wharves carved out a gain of $1.50 to settle at $54 with an exchange of 58,527 units. Mayberry Investments dropped 62 cents in ending at $5.37 after 6,535 stock units changed hands, 
Mayberry Jamaican Equities gained 55 cents to close at $9.69 with 10,925 stock units clearing the market, NCB Financial declined by 50 cents to settle at $139.50 with investors swapping 239,825 stock units. 138 Student Living fell 50 cents to end at $6 after exchanging 9,111 stock units, PanJam Investment jumped $4 to $74 with 2,830 units crossing the market, Proven Investments declined $1.30 to close at $31.70 trading 400 shares, Scotia Group lost 98 cents to settle at $43.51 in the trading of 44,367 shares. Seprod fell $1 in ending at $52 while exchanging 61,292 stock units, Victoria Mutual Investments dropped by 30 cents to settle at $7.20 in trading 51 stock units and Wisynco Group declined by 70 cents to $17.50 with investors switching ownership of 2,832,882 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE main market makes big gains
The Jamaica Stock Exchange Main Market stocks push the major market indices sharply higher on Wednesday even as trading levels dipped from Tuesday strong showing.
At the close, the All Jamaican Composite Index jumped 5,003.2 points to 408,622.22, the JSE Main Index climbed 4,591.19 points to 372,908.59 while the JSE Financial Index rose 1.76 points to 96.63.
Trading ended with 42 securities changing hands with the prices of 14 stocks rising, the prices of 16 declining, with 12 remaining unchanged.
The average PE Ratio of the Main Market ended at 15.5 based on IC Insider.com’s forecasted 2020-21 earnings. The market closed with an exchange of 8,833,133 shares for $194,889,167 compared to 32,897,914 units at $307,628,403 on Tuesday.
Wigton Windfarm led trading with 1.91 million shares for 21.7 percent of total volume followed by PanJam Investment with 1.65 million units for 18.6 percent of the day’s trade and Transjamaican Highway with 1.14 million units for 13 percent market share.
The average trade for the day ended at 210,313 units at $4,640,218 in contrast to an average of 765,068 at $7,154,149 on Tuesday. 
An average of 403,249 units traded for the month to date, at $3,017,962 for each security that traded, in contrast to 422,580 units at $2,855,323. In contrast, trading in June resulted in an average of 818,748 units at $7,498,308.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the Main market shows six stocks ended with bids higher than their last selling prices and seven with lower offers.
At the close of the market, First Rock Capital rose 52 cents to close at $14 after exchanging 3,525 shares, Grace Kennedy lost $1 to close at $57 with 158,158 shares crossing the exchange, Jamaica Broilers Group lost $2 to settle at $25 in trading 15,205 units. Jamaica Stock Exchange jumped 39 cents to settle at $21.89 with investors switching ownership of 6,025 stock units, JMMB Group rose 40 cents in closing at $31.10 with 874,837 units passing through the market, 
Mayberry Investments shed 48 cents after closing at $5.32 trading 85,491 stock units. MPC Caribbean Clean Energy jumped $11 to end at $171 as 117 shares cleared the market, NCB Financial Group fell 99 cents to end at $139 with 120,380 units changing hands, PanJam Investment increased by $1.90 to settle at $70 trading 1,646,674 stock units. Portland JSX declined by 99 cents in closing at $8 and exchanging 46,312 shares, Scotia Group gained $1.48 to close at $44.48 after trading 4,300 stock units, Seprod dropped $1 to end at $52 with an exchange of 242,788 shares and Sygnus Credit Investments fell 43 cents to close at $15.87 in an exchange of 8,366 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Sellers continue to pressure JSE stocks
The Main Market of the Jamaica Stock Exchange suffered the seventh day of losses in eight, since the start of the current month as investors take a standby approach to local stocks and cut the majority of prices at the close on Friday.
At the close, the All Jamaican Composite Index dropped 2,824.38 points to 402,653.10, the JSE Market Index declined by 2,597.16 points to 367,397.15 and the JSE Financial Index lost 0.27 points to 95.42. The average PE Ratio of the Main Market ended at 15.4 based on IC Insider.com’s forecasted 2020-21 earnings.
Trading ended with 42 securities changing hands with the prices of 9 stocks rising, 20 declining and 13 closing unchanged. The market ended with an exchange of 11,791,921 shares accounting for $121,937,846 compared to 16,789,783 units at $102,277,280 on Thursday.
Transjamaican Highway led trading with 3.68 million shares for 31 percent of total volume followed by Sagicor Select Financial Fund with 2.66 million units for 22.6 percent of the day’s trade and Wigton Windfarm with 1.10 million units for 9.3 percent market share.
The average trade for the day ended at 280,760 units at $2,903,282 in contrast to an average of 399,757 at $2,435,173 on Thursday. An average of 1,048,185 units at $3,935,208 each traded for July to date in contrast to 483,377 units at $2,494,914 for each security. In contrast, June closed with an average of 818,748 units valued at $7,498,303 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 ten stocks ended with bids higher than their last selling prices and four with lower offers.
At the close of the market, Barita Investments dropped $1.50 to $57, in trading 952 units, Caribbean Cement fell $2.73 to $46.27 after exchanging 3,529 stock units, Grace Kennedy shed 59 cents to close at $57.40 with investors transferring 325,257 shares. 
Jamaica Broilers ended $2.05 lower at $24.55, in trading 44,629 stock units, Jamaica Stock Exchange gained 49 cents to close at $23, in exchanging 472,748 shares, JMMB Group shed 50 cents to end at $30.50, with a transfer of 69,230 stock units. Kingston Wharves finished 51 cents lower at $53.49, after trading 57,716 stock units, PanJam Investment climbed $2.50 to settle at $69, with 142,724 shares changing hands, Sagicor Group gained 50 cents in transferring 550,086 shares and ended at $46. Scotia Group closed $1.75 higher at $44.50 as investors traded 376,531 shares, Seprod dipped 75 cents to $51.75, with an exchange of 13,000 units and Sterling Investments ended at $2.45, having lost 40 cents trading 100,159 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
More slippage for JSE Main Market
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.
Steady trading for JSE Main Market
Trading on the Main Market of the Jamaica Stock Exchange closed with more shares trading at a lower value than on Tuesday and ended with an even number of prices rising as falling, leaving the market indices modestly down.
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.
The average PE Ratio of the Main Market ended at 15.5 based on IC Insider.com’s forecasted 2020-21 earnings.
The market closed with an exchange of 26,057,067 shares accounting for $114,023,224 compared to 16,335,306 units at $134,380,830 on Tuesday.
Pulse Investments led trading with 8 million shares for 31 percent of total volume followed TransJamaican Highway with 6.7 million units for 26 percent of the day’s trade and Wigton Windfarm with 6.4 million units for 25 percent market share. Other stocks trading a million units or more, are 
Sagicor Select Financial Fund with 1.6 million shares and Wisynco Group with 1.07 million units.
The average trade for the day ended at 651,427 units at $2,850,581 in contrast to an average of 398,422 valued at $3,277,581 on Tuesday. An average 804,137 for the month to date at $2,906,412 for each security, in contrast to 373,718 units at $4,445,101. The average volume and value for June was 818,748 units valued 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 10 stocks ended with bids higher than their last selling prices and 4 with lower offers.
At the close of the market, Caribbean Cement fell $1 to settle at $46.90, with 5,150 units changing hands, First Rock Capital climbed $1.15 to $14.20, in trading 16,289 stock units, Grace Kennedy closed at $57.50, with gains of $2.50 transferring 370,837 shares.
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.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
