Advancing stocks outnumbered declining ones in Wednesday activity on the Jamaica Stock exchange Main Market, but that was inadequate to prevent declines in the main indices, with the value and value of shares trading remaining below the norm and marginally close to Tuesday’s levels.
At the close, the All Jamaican Composite Index declined by 1,097.37 points to 435,029.23, the Main Index shed 989.18 points to 396,881.92 and the JSE Financial Index lost 0.31 points to settle at 104.07.
Trading ended with 43 securities changing hands compared to 42 on Tuesday and ended with the prices of 18 stocks rising, the prices of 13 declining and 12 remaining unchanged. The average PE Ratio ended at 15.9 based on ICInsider.com’s forecast of 2020-21 earnings.
Investors exchanged 7,285,081 shares for $47,227,362 compared to 7,460,379 units at $43,882,188 on Tuesday. Wigton Windfarm led trading with 40.2 percent of total volume, after exchanging 2.93 million shares, followed by Transjamaican Highway with 24.9 percent for 1.81 million units and Key Insurance with 7.8 percent market share for 570,244 units.
Trading averaged 169,420 units at $1,098,311 for each security, compared to an average of 177,628 shares at $1,044,814 on Tuesday. The average trade for the month to date is 173,476 units at $1,071,877 for each security. November averaged 623,120 units at $6,686,047.
At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows five stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close of the market, Barita Investments dropped $3.65 to settle at $84.34, in trading 2,563 shares, Berger Paints gained 45 cents to close at $12.50, with investors swapping 9,140 stock units, Eppley closed 35 cents higher at $23.50, after exchanging 1,189 units. Eppley Caribbean Property Fund climbed $1 in closing at $41, with just one stock unit changing hands, Grace Kennedy rose 90 cents to $65 with an exchange of 343,453 shares, Jamaica Producers lost 75 cents to close at $21 trading 75,816 shares. Jamaica Stock Exchange shed 75 cents to close at $20, with investors switching ownership of 696 units, JMMB Group advanced by $1.78 to $35, after crossing the market with 47,814 shares, Key Insurance lost 66 cents to close at $10, as 570,244 shares passed through the market. Kingston Wharves climbed $1.09 to $48.20, with investors swapping 121 units, Mayberry Jamaican Equities fell $1.05 to $7.15, in an exchange of 204 units, Palace Amusement declined by $100 to end at $1,200, with the trading of one share. 
Pan Jam Investment ended $1.49 lower at $62.01, after exchanging 9,913 stock units, Proven Investments gained $1 to close at $37, with 3,309 units changing hands, Stanley Motta gained 35 cents to finish at $5.35, in trading 2,180 stocks. Supreme Ventures rose 47 cents to $17.50 in an exchange of 13,504 stock units, Sygnus Credit Investments advanced $1 to $17, with a transfer of 37,765 shares and Victoria Mutual Investments gained 34 cents in closing at $6.10 after investors switched ownership of 113,575 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Investor’s Choice bid-offer indicator reading for the market shows nine stocks ending with bids higher than their last selling prices and two with lower offers.
Supreme Ventures gained 40 cents to close at $17.03, after the swapping of 21,899 stock units and Sygnus Credit Investments shed $1.31 in ending at $16, with a transfer of 53,907 shares.
Trading averaged 341,117 units at $3,482,298 for each security, compared to 5,591,567 shares at $5,529,709 on Friday. Month to date, the average ended at 623,120 units at $6,686,047 for each security, in contrast to 639,789 units at $6,875,412. October averaged 398,200 units at $4,622,532.
Pan Jam Investment advanced by $2.90 to close at $70, with 142,736 shares crossing the exchange, Sagicor Group rose $1 to $52 trading 1,647,769 shares, Salada Foods closed at $27, with a loss of $1 in trading 5,498 units. Scotia Group fell by $1.99 to $46 in exchanging 210,312 shares, Seprod gained $1.10 to end at $65.10, with a transfer of 18,206 units, Supreme Ventures shed 87 cents to finish at $16.63, with 23,840 stock units changing hands and Sygnus Credit Investments lost 69 cents trading 181,280 shares to end the day’s trade at $17.31.
At the close, the All Jamaican Composite Index advanced 3,600.36 points to 435,722.68, the Main Index climbed 3,258.67 points to 397,474.41 and the JSE Financial Index gained 0.83 points to settle at 104.25.
Trading averaged 5,591,567 units at $5,529,709 for each security, versus 316,046 shares at $4,811,167 on Thursday. Month to date average ended with 639,789 units at $6,875,412 for each security, compared to 382,145 units at $6,945,430. October averaged 398,200 units at $4,622,532.
Key Insurance closed at $10.35 and rose to $1.75 after trading 287,658 shares, MPC Caribbean Clean Energy declined by $4.50 to $145.50, in crossing the market with 224 units, Pan Jam Investment fell $1.05 to $67.10 trading 25,670 stock units. Proven Investments climbed $2.22 to $39.02, with an exchange of 56 units, Scotia Group advanced $2.89 to $47.99, with investors swapping 45,993 stock units, Stanley Motta shed 80 cents to close at $4.70, in crossing the market with 5,500 units and Supreme Ventures loss of 50 cents to end at $17.50, after 145,808 shares passed through the market.
At the close, the All Jamaican Composite Index slipped just 210.35 points to 432,122.32, the Main Index eased 230.64 points to 394,215.74 and the JSE Financial Index edged 0.02 points lower to 103.42.
Transjamaican Highway with 16.3 percent market share for 1.96 million units and Wisynco Group accounted for 14.6 percent with 1.75 million units changing hands.
Kingston Wharves climbed $2.75 to $48.45, with 1,375 shares changing hands, Mayberry Jamaican Equities closed 36 cents higher at $8.15 in exchanging 12,000 stock units, NCB Financial climbed $2.50 to $148.50, with a transfer of 58,915 shares. Palace Amusement jumped $100 to $1,200 after an exchange of 34 units, PanJam Investment gained $1.05 to close at $68.15, trading 31,652 stock units, Proven Investments fell by $1.88 to $36.80 after switching ownership of 9,831 shares. Sagicor Group rose 89 cents to $51, with 2,172,115 shares changing hands and Supreme Ventures gained $1.52 to close at $18 trading 45,204 shares.
At the close, the All Jamaican Composite Index advanced by 3,396.16 points to 432,332.67, the Main Index climbed 3,018.17 points to 394,446.38 and the JSE Financial Index rose 0.33 points to settle at 103.44.
Pan Jam Investment finished at $67.10, with gains of 60 cents after clearing the market with 18,832 units, Proven Investments lost 36 cents to settle at $38.68, with the swapping of 14,106 stock units, Pulse Investments ended at $4.58 after losing 31 cents and exchanging 443,745 shares. Salada Foods fell $1 to $28, in transferring 24,249 stock units, Scotia Group declined $1.71 to $45.14, in clearing the market with 11,685 units, Seprod shed 50 cents to settle at $64, with 1,163 stocks passing through the market. Sterling Investments gained 50 cents to end at $3.70, with the switching of 330 units, Supreme Ventures gained 48 cents to finish at $16.48 after trading 162,359 shares and Wisynco Group closed 49 cents higher at $16, with 437,353 stocks passing through the market.
At the close, the All Jamaican Composite Index climbed 2,982.72 points to 428,936.51, the Main Index rose 2,680.31 points to 391,428.21 and the JSE Financial Index gained 0.29 points to settle at 103.11.
Trading averaged 1,039,769 units changing hands at $5,996,563 for each security, compared to an average of 678,428 shares at $4,062,730 on Monday. Trading for the month to date averaged 390,690 units at $7,005,102 for each security, versus 346,635 units at $7,073,555 on Monday. October averaged 398,200 units at $4,622,532.
Mayberry Investments ended $1.38 higher at $7 trading 50,100 shares, Mayberry Jamaican Equities gained 93 cents to finish at $7.93, with investors swapping 30,167 stock units, NCB Financial fell $3.40 to $145.10, with an exchange of 18,559 shares. Palace Amusement declined $200 to end at $1,100, in trading 5 stock units, Pan Jam Investment rose $1.50 to $66.50, after exchanging 2,067 stock units, Proven Investments gained 79 cents to close at $39.04, trading 2,785 units. Sagicor Group advanced $2 to $50 and ending with an exchange of 309,520 shares, Salada Foods climbed $4 to close at $29, trading 7,008 units, Seprod gained $1.50 to end at $64.50 after exchanging 19,273 stock units and Sterling Investments lost 50 cents to close at $3.20 transferring 255,264 shares.
At the close, the All Jamaican Composite Index rose 204.81 points to 425,953.79, the Main Index advanced by 284.47 points to 388,747.9 and the JSE Financial Index gained 0.31 points to settle at 102.82.
Transjamaican Highway controlled a 12.7 percent market share with 3.54 million units and Sagicor Select Manufacturing & Distribution Fund accounted for 3.6 percent of the day’s trade in closing with one million units changing hands.
Mayberry Jamaican Equities shed 80 cents to settle at $7, after transferring 3,098 units, NCB Financial declined $1.48 to$148.50, in crossing the exchange with 714,826 shares, Palace Amusement climbed $34.99 to $1,300, with 2 units changing hands. Salada Foods fell $2.50 to $25, with 5,139 stock units crossing the market, Scotia Group rose 85 cents to end at $46.85, exchanging 10,778 shares and Seprod gained $1 to close at $63 trading 19,472 stock units.
Transjamaican Highway controlled 4 percent market share, with 1.78 million units Sagicor Select Financial Fund accounted for 3.7 percent with 1.65 million units and Wigton Windfarm controlled 3.5 percent of the market with 1.57 million units.
MPC Caribbean Clean Energy dropped $7.01 in closing at $138 trading 836 units, Pan Jam Investment closed at $65, with gains of $1.76, trading 147,995 shares, Proven Investments shed 50 cents in closing at $38, with 10,286 stock units changing hands. Sagicor Group finished at $48, after losing 50 cents exchanging 151,507 shares and Scotia Group rose 80 cents to settle at $46 trading 5,512 units.
Trading averaged 263,137 units changing hands at $9,978,750 for each security, compared to 366,759 shares at $16,456,068 on Wednesday. Month to date average trade ends at 267,957 units at $5,429,235 in contrast to 268,282 units at $5,122,619 on Wednesday. Trading for October averaged 398,200 units at $4,622,532.
Jamaica Stock Exchange rose 68 cents to settle at $19, with investors switching ownership of 36,204 shares, Kingston Wharves dropped $3.90 to $45 in trading 55,000 shares, Palace Amusement dived $34.99 to $1,265.01, in an exchange of 42 units. Pan Jam Investment shed 76 cents to end at $63.24 after trading 5,898 units, Proven Investments settled at $38.50, with gains of $1.64, in clearing the market with 2,642 units, Sagicor Group gained 40 cents to close at $48.50, with 38,536 shares crossing the exchange. Seprod ended at $62, with a loss of 50 cents trading 5,503 units and Supreme Ventures rose 55 cents to $15.90, with an exchange of 26,291 stock units.