Trading ended with an 85 percent increase in the number of shares changing hands at 3 times the values than on Tuesday at the close of Jamaica Stock Exchange Main Market with the market indices declining for a second consecutive day even as more stocks rose than declined.
The All Jamaican Composite Index fell by 1,177.07 points to 423,586.24, the Main Index declined 925.66 points to 386,406.15 and the JSE Financial Index lost 0.30 points to close at 99.52.
Trading ended with 44 securities changing hands versus 43 on Tuesday and closed with prices of 21 stocks rising, 14 declining and nine remaining unchanged. The PE Ratio closed with an average of 16.6 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 10,349,742 shares for $116,591,215, up from 5,599,223 units at $35,696,430 on Tuesday. Sagicor Select Financial Fund led trading with 20.5 percent of the volume after an exchange of 2.12 million shares followed by Jamaica Broilers with 19.05 percent for 2.02 million units, QWI Investments with 16.9 percent for 1.75 million units and Wigton Windfarm with 15.7 percent for 1.62 million units changing hands.
Trading for the day averaged 235,221 units at $2,649,800, compared to 130,214 shares at $830,150 on Tuesday. Trading month to date averaged 288,359 units at $1,155,210, in contrast to 292,746 units at $1,031,829 on Tuesday. Trading in December averaged 455,206 units at $7,774,631.
Investor’s Choice bid-offer indicator reading has ten stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Barita Investments gained 40 cents to end at $82.50, with 1,246 shares changing hands, Berger Paints rose $2.29 to $14.30 trading 4,744 stocks. Caribbean Cement shed 60 cents to close at $61.50, after exchanging 103,117 stock units, Eppley finished at $23.95, with gains of $1.95, with 1,472 stocks switching ownership. Eppley Caribbean Property Fund advanced $3.99 to $45, with 434 stocks crossing the exchange, Grace Kennedy ended $3.18 higher at $67.98, in exchanging 504,922 units, Jamaica Producers lost 91 cents to close at $19.81, after 79,708 shares crossed the exchange. JMMB Group slid 45 cents to t $32.55, with a transfer of 12,304 stock units, Key Insurance gained 39 cents to close at $6.30, in exchanging 920 stocks, Mayberry Investments lost 53 cents to finish at $5.31, in trading 1,020 units. 
NCB Financial rose $1 in ending at $139, with the swapping of 25,215 shares, 138 Student Living rose 65 cents to $4, in exchange of 200 units, Pan Jam Investment gained 41 cents to settle at $68.50, after clearing the market with 5,825 units, Sagicor Group lost 75 cents to end at $49.25, with an exchange of 8,531 units. Scotia Group closed at $44.30, with gains of 30 cents after exchanging 12,713 shares, Supreme Ventures rose 35 cents to $17 trading 14,379 stocks, Sygnus Credit Investments finished 40 cents higher at $17.40, with the swapping of 74,012 stock units.
In the preference segment, Community & Workers Credit Union slipped 30 cents to $1.80 after trading 500 shares and Eppley 7.5% preference share rose $1 to $7 trading 138,753 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the close, the All Jamaican Composite Index dropped 3,548.17 points to 424,763.31, the JSE Main Index carved out a loss 3,280.43 points to settle at 387,331.81 and the JSE Financial Index shed 0.77 points to close at 99.82. The day’s loss pulled the market down two percent for the year to date.
Investor’s Choice bid-offer indicator shows seven stocks ending with bids higher than their last selling prices and three with lower offers.
Salada Foods settled at $34.01, with a loss of 99 cents after exchanging 100 shares, Scotia Group climbed $1.90 to $44, in swapping 4,422 units, Stanley Motta slipped 41 cents to $5.06, in crossing the market with 4,021 stock units and Supreme Ventures shed 65 cents to close at $16.65, after 34,402 shares cleared the market.
Trading ended with four securities changing hands, compared to eight on Monday and ended with the prices of one stock rising, two declining and one remaining unchanged.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and none with lower offers.
Sterling Investments increased 0.28 of a cent ending at 2.3 US cents trading 2,598 shares, Sygnus Credit Investments carved out a loss 0.5 cents to close at 16.5 US cents with the swapping of 25,050 units, Transjamaican Highway remained at 0.85 of a US cent with an exchange of 110,631 stocks.
At the close, the All Jamaican Composite Index advanced 1,389.55 points to 428,311.48, the Main Index rose 1,200.38 points to 390,612.24 and the JSE Financial Index gained just 0.13 points to 100.59.
Trading month to date averaged 307,009 units at $1,049,528 for each security, in contrast to 326,985 units at $1,105,486 on Friday. Trading in December averaged 455,206 units at $7,774,631.
Pan Jam Investment closed at $68, after losing $2.17 and trading 4,017 shares, Sagicor Real Estate Fund rose 70 cents to $8.95, in a transfer of 250 stocks, Salada Foods advanced to $35, with gains of $1.80 in switching ownership of 44,051 stock units. Scotia Group fell $1.90 to $42.10, exchanging 8,179 shares and Seprod gained 30 cents, ending at $63.80 after 10,198 stocks crossed the exchange.
At the close, the All Jamaican Composite Index dipped 55.38 points to 426,012.48, the Main Index gained 128.37 points to 388,746.14 and the JSE Financial Index slipped 0.08 points to settle at 100.17.
Trading for the day averaged 301,312 units at $1,395,993 for each security compared to an average of 361,368 shares at $1,264,797 on Wednesday. Trading month to date averaged 346,427 units at $1,133,366, in contrast to 351,891 units at $1,101,554 on the prior trading day. Trading in December averaged 455,206 units at $7,774,631.
Kingston Properties rose 50 cents to $7.25, in exchanging 1,000 units, Kingston Wharves gained 35 cents to $47.50 in exchanging 1,100 shares. MPC Caribbean Clean Energy dropped $7.47 to $150 after transferring 250 units, NCB Financial rose 50 cents to $140, trading 12,328 stocks. Pan Jam Investment advanced $5.84 to $71.94, with 270 units changing hands, Scotia Group gained 50 cents to close at $43 after exchanging 7,800 stock units and Seprod climbed $2.20 to $64.20, in trading 13,586 shares.
Investor’s Choice bid-offer indicator reading has seven stocks ending with bids higher than their last selling prices and five with lower offers.
Pulse Investments lost 30 cents to end at $4.45, with investors swapping 2,607,378 shares, Sagicor Group rose 85 cents to end at $50.35 after trading 10,629 stock units, Sagicor Real Estate Fund declined by $1.95 to $6.30, as investors swapped 10,000 shares and Salada Foods fell $2.75 to $26, with 871 units crossing the market.
Trading ended with six securities changing hands, compared up from four on Monday with no stock rising, four declining and two remaining unchanged.
At the market close, First Rock Capital Investment carved out a loss of 1.89 cents in closing at 7 US cents after 101,000 stock units cleared the market, Sterling Investments shed 0.4 of a cent, ending at 2 US cents in an exchange of 48,000 stock units, Sygnus Credit Investments settled at 17 US cents after exchanging 21,686 stocks and Transjamaican Highway shed 0.04 of a cent to close at 0.86 of a US cent in finishing trading with 779,120 units.
Investor’s Choice bid-offer indicator shows ten stocks ending with bids higher than their last selling prices and three with lower offers.
Pulse Investments gained 8 cents in closing at $4.75, after exchanging 3,765,486 shares, Sagicor Group shed 95 cents to end at $49.50 in exchanging 9,798 units. Sagicor Real Estate Fund fell 73 cents to $8.25, with 1,010,838 stocks changing hands, Supreme Ventures shed 40 cents in closing at $17.50, after the transfer of 29,737 shares. Sygnus Credit Investments rose 57 cents to $17.27, in trading 9,730 units and Victoria Mutual Investments lost 9 cents in closing at $5.91, with an exchange of 46,532 stock units.
Trading averaged 208,926 units at $1,562,771 compared to 965,417 shares at $1,445,448 on Thursday. Trading month to date averaged 333,822 units at $956,327, in contrast to 361,424 units at $822,306 on Thursday. Trading in December averaged 455,206 units at $7,774,631.
Pan Jam Investment climbed $4.97 to $73, with 11,719 stock units changing hands, Proven Investments gained 66 cents to end at $35.79, with 9,626 shares crossing the market, Sagicor Real Estate Fund rose 71 cents to $8.98 trading 2,121 stock units. Salada Foods climbed $3.75 to $28.75, transferring 33 units, Scotia Group fell by $1 to $43, with 175,560 shares crossing the market and Sygnus Credit Investments lost 40 cents to close at $16.70, clearing the market with 51,777 shares.