Stocks mostly rose on the Jamaica Stock Exchange Main Market on Tuesday after trading levels dropped sharply, with investors exchanging just 52 percent fewer shares than on Monday.
At the close, the All Jamaican Composite Index advanced by 1,674.54 points to 401,637.06, the Main Index carved out a gain of 1,545.95 points to 366,576.42 and the JSE Financial Index rose 0.12 points to close at 96.29.
Trading ended with 43 securities changing hands compared to 42 on Monday and closed with the prices of 18 stocks rising, 14 declining and 11 remaining unchanged. The average PE Ratio of the market ended at 15.2 based on IC Insider.com forecast of 2020-21 earnings.
The market closed with an exchange of 4,882,753 shares for just $27,414,421 compared to 10,157,738 units at $50,769,890 on Monday. Transjamaican Highway accounted for 40.4 percent of total volume, with 1.97 million shares, followed by JMMB Group 7.50% with 17.7 percent or 863,196 units and Wigton Windfarm with 15.6 percent for 763,084 shares.
Trading ended with an average of 113,552 units changing hands at $637,545, in comparison to an average of 241,851 shares at $1,208,807 on Monday. The average trade for the month to date ended at 185,696 units at $1,300,931 for each security, in contrast to 200,398 units at $1,436,123 on Monday. Trading month to date compares adversely to August’s average of 497,441 units at $3,201,918.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows seven stocks ending with bids higher than their last selling prices and two with lower offers.
At the close of the market, Barita Investments advanced $1.75 in ending at $57 while exchanging 1,229 shares, Eppley Caribbean Property Fund climbed $1.30 to close at $49.30, with investors swapping 12,184 stock units, First Rock Capital gained 70 cents to end at $13.20, after clearing the market with 26,752 shares. 
Jamaica Broilers Group declined by 45 cents in closing at $25 and 33,295 shares crossing the exchange, Jamaica Stock Exchange carved out a gain of 62 cents to end at $18.62 trading 12,262 units, Mayberry Investments settled at $5.69, with a rise of 57 cents, with 2,000 units passing through the market. Mayberry Jamaican Equities shed 43 cents to end at $8.07 with investors swapping 122 stock units, NCB Financial fell 60 cents to settle at $135, after exchanging 48,381 shares, Palace Amusement dived $400 in closing at $1,100, in trading 20 shares. Proven Investments climbed $1.75 to settle at $35.90, with 1,191 units changing hands, Scotia Group lost $1 to end at $47 with 7,120 units crossing the exchange and Seprod climbed $1.40 to close at $52.40 with investors switching ownership of 63,478 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
