The Jamaica Stock Exchange Main Market ended trading on Monday with the market declining as more stocks fell than rose after an exchange of 29 percent fewer shares than on Friday but with a 37 percent increase in value.
At the close, the All Jamaican Composite Index declined by 1,666.69 points to 409,686.52, the Main Index fell 1,403.52 points to 373,982.87 and the JSE Financial Index lost 0.21 points to settle at 97.65.
Trading ended with 43 securities changing hands compared to 40 on Friday and closed with the prices of 13 stocks rising, 23 declining and seven remaining unchanged. The PE Ratio averages 15.6 based on the ICInsider.com forecast of 2020-21 earnings.
The market closed with an exchange of 5,764,296 shares for $93,292,518 compared to 8,139,134 units at $68,031,377 on Friday. Sagicor Select Financial Fund led trading with 22.2 percent of total volume after an exchange of 1.28 million shares, followed by Caribbean Cement with 15.4 percent for 885,162 units and Wigton Windfarm 11.5 percent after trading 662,513 shares.
Trading ended with an average of 134,053 units changing hands at $2,169,593 for each security compared to an average of 203,478 shares at $1,700,784 on Friday. Trading month to date compares adversely to October’s average of 398,200 units at $4,622,532.
At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows nine stocks ending with bids higher than their last selling prices and four with lower offers.
At the close of the market, Barita Investments advanced $2.51 to $84.99, trading 108,531 shares, Berger Paints lost 34 cents to close at $11.50, in exchanging 7,363 units, Caribbean Cement fell $2.90 to $54.10, in crossing the market with 885,162 shares. Eppley closed 49 cents lower at $18.50, with 1,335 units changing hands, Jamaica Broilers climbed $1.20 to $27.20, with an exchange of 21,676 stock units, Jamaica Producers fell $1.40 to $19.60 after 11,028 units passed through the market. 
Key Insurance gained 40 cents to end at $8.40, with 38,134 stock units changing hands, Kingston Properties shed 69 cents to end at $6.79, in transferring 677 units, Margaritaville advanced $6.39 to settle at a 52 weeks’ high of $48.99, with investors switching ownership of 83 units. MPC Caribbean Clean Energy ended $1 lower at $149, in crossing the market with 200 units, Pan Jam Investment dropped $3.15 to $65 trading 3,585 units, Proven Investments shed 51 cents to end at $39.39 after exchanging 53,488 shares. Sagicor Group lost 98 cents to settle at $45.50, in trading 26,399 stock units, Scotia Group fell $1 to close at $44.50, after 12,639 units crossed the exchange, Seprod shed $1.50 to settle at $61, trading 16,883 stock units and Stanley Motta lost 48 cents to end at $4.65, in exchanging 2,012 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the close of the market, eight securities changed hands compared to two on Friday and closed with prices of five stocks rising, one declining and two remaining unchanged. The JSE USD Equities Index shed 0.34 points to settle at 197.08. The PE Ratio of the market averaged 13.9 based on the ICInsider.com forecast of 2020-21 earnings.
MPC Caribbean Clean Energy gained 15 US cents trading 100 units ended at US$1.15. Proven Investments gained nine-tenths of a cent to close at 27.9 US cents, in crossing the market with 1,781 units. Sterling Investments gained one-tenth of a cent to close at 2.9 US cents trading 761 units, Sygnus Credit Investments rose 0.49 of a cent to 13.49 US cents while trading 3,281 units and Transjamaican Highway slipped from 0.94 US cents to close at 0.88 US cents, with a transfer of 75,550 shares.
Trading ended with 36 securities changing hands compared to 35 on Friday and closed with the prices of 15 stocks rising, 18 declining and three remaining unchanged.
At the close of the market, Access Financial dropped $7.24 to end at $19, with an exchange of 5,604 units, AMG Packaging lost 12 cents to close at $1.60 trading 149,249 shares, Caribbean Assurance Brokers gained 14 cents in crossing the exchange with 10,100 stock units to settle at $1.94. Caribbean Cream shed 70 cents in closing at $4, with 86,153 shares changing hands, Caribbean Flavours lost 3 cents to finish at $1.68, in exchanging 720 units, Caribbean Producers ended at $2.30, after losing 1 cent trading 23,476 shares. Derrimon Trading slipped 5 cents to $2.50, in exchanging 31,574 stock units, Dolphin Cove gained 87 cents to close at $6.99, with 800 units changing hands, Elite Diagnostic carved out a gain of 18 cents in closing at $3.28, after crossing the exchange with 500 units. Everything Fresh closed at 74 cents, with a loss of 4 cents after investors switched ownership of 213,195 shares, Express Catering lost 20 cents ending at $3.30, in crossing the market with 21,115 stock units, Fontana gained 1 cent to end at $5 trading 95,477 shares Fosrich shed 15 cents to settle at $3.35, in exchanging 6,238 units, General Accident gained 2 cents to finish at $6.02, with investors switching ownership of 4,258 units, Honey Bun rose to $4.85, with gains of 11 cents after exchanging 41,800 shares. iCreate lost 1 cent trading 30,160 stock units and closed at 69 cents, Iron Rock Insurance lost 1 cent in closing at $2.50, with 38,994 stock units changing hands, Jamaican Teas rose 5 cents to settle at $5.05 trading 162,161 shares. 
Jetcon Corporation lost 7 cents to close at 80 cents, after an exchange of 200 units, Knutsford Express gained 55 cents in closing at $6.85, in trading 1,100 units, Lasco Financial rose 33 cents to $2.39, in trading 1,126,688 shares, following release of half-year results, showing a strong rise in profit in the second quarter. Lasco Manufacturing gained 33 cents to end at $3.69, with an exchange of 19,150 units, Limners and Bards lost 16 cents to close at $2.52, in trading 71,289 shares, Lumber Depot rose to $1.30, with gains of 13 cents in a transfer of 4,240,914 shares. Mailpac Group lost 1 cent to close at $1.98, trading 239,291 shares, Main Event shed 4 cents to end at $2.98, with 2,500 units passing through the market, Medical Disposables slipped 8 cents to close at $4.67, with investors swapping 1,000 units. Paramount Trading gained 22 cents to settle at $1.90, in an exchange of 100 units, SSL Venture ended at 59 cents, after gaining 4 cents with investors swapping 9,943 units, Stationery and Office Supplies closed 30 cents higher at $4.80, with 3,482 units changing hands. Tropical Battery shed 11 cents to settle at $1.16, in clearing the market with 489,722 shares and tTech gained 50 cents in closing at $5.50 and crossing the exchange with 43,402 stock units.
The market closed with 11 securities trading, down from fifteen on Friday, and closed with three stocks advancing, four declining and four remaining unchanged. Trading resulted in 62,793 shares for $849,435 compared to 602,518 shares valued $10,526,304 on Friday.
Stocks declining│Endeavour Holdings shed 1 cent to settle at an all-time low of $12.39, in exchanging 250 units, First Citizens Bank lost 3 cents trading 3,362 stock units to close at $44.50, JMMB Group lost 5 cents and ended at $1.75, with 800 units crossing the exchange and National Enterprises lost 2 cents transferring 10,833 shares at $3.90.
Remittances grew 11 percent and added $50 million to revenues while Cambio operations contributed 10.8 percent or $34 million to increased revenues, the company’s Managing Director Jacinth Hall-Tracey, informed shareholders in a commentary accompanying the quarterly report.
With expected gains of 161 to 238 percent, the top three Main Market stocks are now Berger Paints followed by JMMB Group, Radio Jamaica replacing Grace Kennedy in the third position last week.
The average projected gain for the Junior Market IC TOP 10 stocks is 287 percent, and 149 percent for the JSE Main Market, based on 2020-21 earnings, indicates potentially greater gains in the Junior Market than the Main Market.
The Jamaica Stock Exchange Main Market ended trading on Friday with the market rising and is wont to be the case at the end of month trading as investors stocks rising beat those declining almost two to one after an exchange of 50 percent fewer shares than on Thursday.
The market closed with an exchange of 8,139,134 shares for $68,031,377 compared to 16,233,483 units at $54,575,343 on Thursday.
Caribbean Cement shed 50 cents, in ending at $57 after exchanging 54,477 shares, Jamaica Broilers declined $1.90 in closing at $26, with 107,524 shares changing hands, Jamaica Producers gained 40 cents to settle at $21 trading 3,486 units. Jamaica Stock Exchange gained 74 cents and closed at $18.25 after the transfer of 344,824 shares, JMMB Group gained 48 cents to settle at $30, with 44,131 stock units passing through the market, Mayberry Jamaican Equities fell 89 cents to $7.35, in exchanging 22,150 stock units. MPC Caribbean Clean Energy declined by $7 to $150 after the swapping of 425 units. Pan Jam Investment advanced to $68.15, with gains of $4.65 trading 12,700 units, Proven Investments climbed $1.30 to $39.90 after exchanging just one unit. Sagicor Group ended $2.38 higher at $46.48, with 116,935 shares passing through the market, Scotia Group shed 50 cents, in ending at $45.50 with an exchange of 67,773 shares and Wisynco Group lost 46 cents in closing at $15.50, with 59,151 stock units crossing the market.
At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows nine stocks ended with bids higher than their last selling prices and three with lower offers.
iCreate rose 5 cents to 70 cents with an exchange of 100 stock units, Iron Rock Insurance declined 1 cent to settle at $2.51 with 40,000 units changing hands, Jetcon Corporation increased by 17 cents to end at 87 cents with 61,007 stock units passing through the market. Knutsford Express jumped 59 cents to finish at $6.30 with 55,297 stocks trading, Lasco Distributors fell 10 cents to close at $3 with investors switching ownership of 155,724 stocks, Lasco Financial rose 1 cent to settle at $2.06 with 47,000 units changing hands. Lasco Manufacturing dropped 23 cents to end at $3.36 with 100,100 stock units passing through the market, Limners and Bards increased 16 cents and exchanged 4,125,730 stocks to close at $2.68, Lumber Depot fell 3 cents to $1.17 with 1,081,876 units traded. Mailpac Group gained 1 cent to end at $1.99 with 205,592 stock units changing hands, Medical Disposables advanced 45 cents to finish at $4.75 with 19,572 shares passing through the market, Paramount Trading lost 2 cents to close at $1.68 with investors transferring 4,000 shares and Tropical Battery rose 4 cents to end at $1.27 with 767,279 stock units crossing the exchange.
The US dollar market of the Jamaica Stock Exchange closed trading on Friday with the market rising after trading 46 percent fewer shares than on Thursday, resulting in an even number of stocks rising and falling. 
Trading ended with an average of 697,808 units for the month to date at US$17,320, in contrast to 714,702 units at US$17,695. By comparison, September ended with an average of 84,017 units for US$10,590.
The market closed with 15 securities trading, up from 16 on Thursday, ended with three stocks advancing, six declining and six remaining unchanged. Trading resulted in 169 percent more shares changing hands valued 215 percent more than on Thursday, as 602,518 shares were exchanged at $10,526,304 compared to 224,300 shares valued at $3,339,437 on Thursday as Guardian Holdings and Unilever Caribbean were the volume leaders for the day.
Stocks declining│Clico Investments lost 5 cents to settle at $25.20, in exchanging 3,100 units, Massy Holdings shed 50 cents to end at $57.50, with a transfer of 58 units, National Flour closed at $1.90, after losing 10 cents trading 32,200 shares. Prestige Holdings ended 49 cents lower at a 52 weeks’ low of $7, with 934 units changing hands, Republic Financial Holdings settled at $141.30, with a loss of 45 cents transferring 998 units and Trinidad and Tobago NGL fell 5 cents to $14.95 after exchanging 26,250 stock units.
Trading ended with an average of 377,523 units changing hands at $1,269,194 compared to an average of 353,293 shares at $1,932,013 on Wednesday. The average trade for October to date ended at 407,163 units at $4,757,020, in contrast to 408,707 units at $4,938,583 on Wednesday and exceeds by a good margin September’s average of 265,170 units at $3,271,625.
JMMB Group gained 47 cents in closing at $29.52, with 45,973 shares changing hands, Kingston Properties advanced by $1.10 to $7.45, in transferring 520 units, Kingston Wharves climbed $3.27 to $47.90, with 3,487 units passing through the market. Mayberry Jamaican Equities carved out a gain of $1.64 after crossing the market with 1,525 units to settle at $8.24, MPC Caribbean Clean Energy gained $9 and closed at $157, with 1,090 units clearing the market, Palace Amusement declined by $4 in closing at $1,485 while trading 12 units. Pan Jam Investment dipped $1.50 to $63.50, with investors switching ownership of 9,284 stock units, Sagicor Group declined by $2.40 to $44.10, in an exchange of 22,788 stock units, Scotia Group gained 70 cents to settle at $46, with 2,115 units changing hands. Seprod climbed $4.50 to $62.50, with an exchange of 144,155 shares and Wisynco Group ended at $15.96, with gains of 35 cents after crossing the market with 136,098 shares.
