Market activity ended on Monday with the volume of shares trading declining modestly as the value plunged 69 percent below Friday trades at the close of the Jamaica Stock Exchange Main Market as rising stocks exceeded those falling, sending the market indices higher in the process.
The All Jamaican Composite Index surged 2,970.07 points to 430,207.92, the JSE Main Index climbed 2,743.08 points to 389,556.25 and the JSE Financial Index rose 0.65 points to end at 95.14.
Overall, 52 securities traded compared to 53 on Friday, with 20 rising, 18 declining and 14 ending unchanged.
The PE Ratio, a formula for computing appropriate stock values, averages 15.4. The PE ratio for the JSE Main and USD Market closing quotes are based on earnings forecasted by ICInsider.com for companies with financial years ending between the current year and August 2022.
Trading ended with 8,605,350 shares changing hands for $61,182,683 versus 8,907,757 units at $199,296,925 on Friday. Transjamaican Highway led trading with 26.2 percent of total volume after a transfer of 2.26 million shares followed by Sagicor Select Manufacturing & Distribution Fund 23.6 percent, with 2.03 million units for 23.6 percent of the day’s trade and Sagicor Select Financial Fund with 11.7 percent after trading 1 million shares.
Trading averaged 165,488 units at $1,176,590, down from 168,071 shares at $3,760,319 on Friday and month to date, an average of 253,830 units at $3,057,633, versus 259,804 units at $3,184,829 on Friday. October averaged 251,350 units at $2,773,208.
Investor’s Choice bid-offer indicator shows 14 stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Barita Investments rallied 25 cents to $92.50 in exchanging 23,092 shares, Caribbean Cement advanced $1.50 to $79.50 after 127,950 stock units cleared the market, Caribbean Producers rose 69 cents to $9.30 in trading 395,498 units. First Rock Capital lost 29 cents to end at $10.70 with 65,160 stocks changing hands, GraceKennedy gained 35 cents in closing at $98.85 with the swapping of 119,221 shares, Guardian Holdings declined $4.30 to finish at $525 with 341 units crossing the exchange. Jamaica Broilers rallied $1.70 to end at $30.70 in switching ownership of 14,361 shares, Jamaica Producers popped $1.10 to $23.95 after exchanging 41,259 stock units, Kingston Properties fell 35 cents to $8.50 after a transfer of 2 stock units. Kingston Wharves fell $2 to $44 with an exchange of 89,079 stocks, Margaritaville declined $5.14 to $17.85, with 747 shares changing hands, NCB Financial popped 98 cents to $118 with a transfer of 58,400 units. 
PanJam Investment fell $2.50 to $67.50 in exchanging 100 stocks, Sagicor Group advanced $1.29 to $53.50 after trading 6,861 stock units, Scotia Group lost 30 cents in closing at $34 with the swapping of 86,295 units. Seprod shed 60 cents to close at $63.10 in switching ownership of 15,550 shares, Stanley Motta gained 32 cents to end at $5.82 in trading 1,000 stock units, Sygnus Credit Investments popped 32 cents to $15.98 after an exchange of 66,912 shares and Sygnus Real Estate Finance climbed 65 cents to $14.70 with 5,007 stocks changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
