Caribbean Cement pushed JSE down

Caribbean Cement plunged $23 to close trading f 1,185,267 shares, at $81, with investors reacting negatively to a resolution proposed by the company to be considered at the upcoming annual general meeting to establish the general framework for services provided by Cemex to CCCL as well as royalties for the use of trademarks, names and intellectual property owned by Cemex and licenced to CCCL.

Market activity ended on Thursday with the volume of shares trading declining 60 percent and the value 38 percent below Wednesday on the Jamaica Stock Exchange Main Market, as declining stocks overwhelmed those rising by almost two to one.
The All Jamaican Composite Index plunged 4,924.79 points to settle at 434,584.73, to hold just above the close for 2020, the Main Index fell 4,137.31 points to 393,246.27, pushing it into negative territory for the year and the JSE Financial Index lost 0.53 points to end at 95.75.
Trading occurred in 51 securities compared to 49 on Wednesday, with 14 rising, 26 declining and 11 ending unchanged. The PE Ratio, a formula for computing appropriate stock values, averages 15.5. 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.
A total of 8,679,973 shares traded for $275,453,480 down from 21,573,918 units at $444,836,346 on Wednesday. JMMB Group led trading with 16.2 percent of total volume for an exchange of 1.41 million shares, followed by Caribbean Cement with 13.7 percent for 1.19 million units and Sagicor Select Manufacturing & Distribution Fund with 10.2 percent after 886,447 units changed hands.
The average trade for the day was  70,196 units at $5,401,049 versus 440,284 shares at $9,078,293 on Wednesday and month to date, an average of 266,594 units at $3,142,230, compared to 273,987 units at $2,968,998 on Wednesday. October closed with an average of 251,350 units at $2,773,208.
Investor’s Choice bid-offer indicator shows 12 stocks ended with bids higher than their last selling prices and none with lower offers.
At the close,  Barita Investments slipped 46 cents to $92.44 with a transfer of 10,530 stocks, Caribbean Producers slipped 25 cents to $8.50 after trading 353,569 stock units, Eppley fell $1 in closing at $36 with 110 units clearing the market, Eppley Caribbean Property Fund shed $2 ending at $38 in switching ownership of 640 stocks. GraceKennedy lost 70 cents to $98 with the swapping of 490,267 shares, Guardian Holdings rose $1 to close at $526 with 158 stocks changing hands, Jamaica Broilers spiked $1.90 in closing at $31.90 after transferring 9,152 units. Jamaica Producers rose $1.25 to $22.85 in trading 34,751 shares, Key Insurance gained 32 cents to close at $4.40, with 11,000 stock units changing hands, Kingston Wharves fell $2 to $45 after 88,903 stocks crossed the exchange. Margaritaville popped $2.68 ending at $20.52 in switching ownership of 510 stock units, 138 Student Living lost 45 cents to end at $4 in exchanging 8,290 shares, Palace Amusement rallied $30 to $1,030 with 27 units clearing the market, PanJam Investment gained 50 cents in closing at $70.50 with an exchange of 18,453 shares. Proven Investments lost 49 cents to settle $33 with the swapping of 2,500 stock units, Sagicor Group declined $1.91 to end at $52.85 after 70,956 stocks crossed the market, Scotia Group fell $2 in closing at $34.50 with the swapping of 157,337 units. Seprod shed 70 cents to close at $63.05 in trading 12,286 shares, Stanley Motta lost 26 cents in ending at $5.40 with 1,000 stock units changing hands, Sygnus Credit Investments lost 41 cents to finish at $15.60 in trading 66,085 shares and Wisynco Group shed 45 cents to close at $16.50 in switching ownership of 114,643 stocks.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

The volume of shares trading at the close on Monday jumped 42 percent over Friday’s with a modest fall in the value leading the market into a modest decline in the overall market as stocks rising edged out those that declined on the Jamaica Stock Exchange Main Market.  
The All Jamaican Composite Index dipped 92.62 points to 437,551.96, the JSE Main Index fell 378.65 points to 394,792.67 and the JSE Financial Index slipped 0.10 points to end at 95.42.
Similar to Friday, 53 securities traded, with 24 rising, 21 declining and eight ending unchanged.
The PE Ratio, a formula for computing appropriate stock values, averages 15.6. The PE ratio for the JSE Main and the USD Market closing quotes are based on earnings forecasts done by ICInsider.com for companies with financial years ending between the current year and August 2022.
Overall, 16,492,088 shares traded for $157,019,170 versus 11,630,690 units at $178,515,393 on Friday. Wigton Windfarm controlled 41.8 percent of total volume to be the lead trade with 6.89 million shares, JMMB Group followed with 12.6 percent, after an exchange of 2.08 million units, Transjamaican Highway contributed 10.4 percent with 1.72 million shares and Sagicor Select Manufacturing & Distribution Fund ended with 8 percent after trading 1.32 million units.
Trading averaged 311,171 units at $2,962,626, compared to 219,447 shares at $3,368,215 on Friday and month to date, an average of 267,472 units at $2,497,025, compared to 262,931 units at $2,448,639 on Friday. October closed with an average of 251,350 units at $2,773,208.
Investor’s Choice bid-offer indicator shows 15 stocks ending, with bids higher than their last selling prices and two with lower offers.
In trading, Berger Paints shed 68 cents to end at $14.15 in trading 1,795 shares, Caribbean Cement advanced $3 to close at $103, with 21,638 stock units crossing the market, Eppley Caribbean Property Fund lost 50 cents to end at $37.50 in an exchange of 803 stocks. First Rock Capital dropped 61 cents to $10.05 in exchanging 127,197 units, Guardian Holdings climbed $20 to $530 with an exchange of 4,012 units, Jamaica Producers fell $1.50 in closing at $21.90 after exchanging 41,233 stocks. JMMB Group climbed $1.20 to end at $39 in switching ownership of 2,083,245 stock units, Kingston Wharves gained 80 cents to close at $46, with 8,366 shares changing hands, Margaritaville spiked 60 cents to $15.90 with the swapping of 18,076 stocks. NCB Financial rose $1.98 to $117 while exchanging 31,547 stock units, Palace Amusement rallied $40 to $1000, trading 157 units, PanJam Investment popped $1.70 to $68 with 24,886 shares changing hands. Proven Investments declined 99 cents to $32.51, with 8,710 stock units clearing the market, Sagicor Group climbed 50 cents in closing at $54.50 in exchanging 218,439 shares, Salada Foods popped 46 cents to $7.46 after 22,641 stocks crossed the exchange. Scotia Group rose 45 cents to $34.50 after trades of 138,131 units and Sygnus Credit Investments lost $1.60 to $17.30, with 335,969 shares changing hands.
Prices of securities trading are those for the last transaction of each stock unless

Market activity ended on Wednesday with the volume of shares trading inching higher than Tuesday and leading to a mild rise of the Jamaica Stock Exchange Main Market at the close.
The All Jamaican Composite Index rose 1,026.18 points to 445,055.15, the JSE Main Index rose 582.88 points to 403,071.17 and the JSE Financial Index gained 0.73 points to end at 98.15.
A total of 49 securities traded compared to 47  on Tuesday, with 20 rising, 20 declining and nine ending unchanged. The PE Ratio, a measure used in computing appropriate stock values, averages 15.8. 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 8,132,722 shares changing hands for $85,190,963 versus 7,552,797 units at $94,059,701 on Tuesday. Wigton Windfarm led trading with 25.7 percent of total volume with a transfer of 2.09 million shares, followed by Mayberry Investments with 13.6 percent for 1.11 million units and Carreras 11.9 percent after an exchange of 968,112 units.
Trading averages 165,974 shares at $1,738,591 versus 160,698 shares at $2,001,270 on Tuesday and month to date, an average of 282,402 units at $2,374,994 compared to 340,028 units at $2,689,981 on Tuesday. October averaged 251,350 units at $2,773,208.
Investor’s Choice bid-offer indicator shows 14 stocks ended with bids higher than their last selling prices and none with lower offers.
At the close, Barita Investments rallied 51 cents to close at $94.50 with the swapping of 4,575 shares, Caribbean Cement advanced $3.99 to $107.90 after clearing the market of 1,997 stocks, Carreras gained 49 cents in closing at $7.99 after exchanging 968,112 units. Eppley rose 50 cents to $37.50 after switching ownership of 852 stock units, Eppley Caribbean Property Fund dropped $5.40 to end at $37.50 in trading 230 stocks, First Rock Capital spiked 41 cents to $12.30, with an exchange of 20,065 shares. GraceKennedy advanced $1.93 to $99.94 in switching ownership of 37,165 units, Guardian Holdings dropped $29.90 to $520 in transferring 129 stock units, Jamaica Broilers rose 70 cents to $28.70 after exchanging 39,741 shares. Jamaica Producers popped $1.75 to $23.75 with 36,398 stock units crossing the market, Jamaica Stock Exchange fell $1.04 to $17.06 in trading 549 stocks, JMMB Group rallied 49 cents in closing at $37.50 after exchanging 79,021 units. Kingston Wharves fell $2.50 to $44.50 with a transfer of 2,649 stocks, Margaritaville shed 45 cents to close at $14.40 in switching ownership of 1,490 stock units, Mayberry Investments popped 50 cents to end at $7 in an exchange of 1,106,140 shares. NCB Financial climbed $4.39 to $130.89 with the swapping of 378,991 stocks, Proven Investments advanced $1.34 to close at $32.55 in trading 4,644 units, Sagicor Group increased $3 to $56 with 9,039 shares changing hands. Scotia Group popped 69 cents to end at $36.49 after 10,433 units crossed the market, Supreme Ventures fell 50 cents to $17.50 in trading 36,986 stock units, Victoria Mutual Investments lost 52 cents in closing at $5.75 after exchanging 147,743 units and Wisynco Group dipped 35 cents to $15.80 with 92,947 stocks clearing the market.
In the preference segment, Eppley 7.50% preference shares fell $1.10 to close at $6.50 in an exchange of 853 shares and Productive Business Solutions 9.75% preference shares rose $1 to $81 in trading 239 stock units. In the corporate bond segment, Guardian Holdings 2027 7% traded 3,000,000 units and gained 33 cents to close at $104.24, Jamaica Broilers 6.75% had an exchange of 2,500,000 units but fell 13 cents to $102.52 and Seprod 6.75% ended with trading in 8,500,000, with the price rising $1.24 to $101.24.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Market activity closed off the first trading day of new month, with the number of shares trading declining 17 percent and the value down 31 percent from Friday out-turn at the close of the Jamaica Stock Exchange Main Market on Monday.
Trading ended with 52 securities compared to 47 on Friday, with 23 rising, 20 declining and nine ending unchanged. The All Jamaican Composite Index slid 1,513.58 points to settle at 446,185.80, the Main Index fell 1,121.73 points to 402,843.29 and the JSE Financial Index lost 0.30 points to end at 97.43.
The PE Ratio, a measure used in computing appropriate stock values, averages 15.8. 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 26,109,974 shares down from $172,248,423 versus 31,416,493 units at $248,939,891 on Friday. Mayberry Investments led trading with 74 percent of total volume with a transfer of 19.32 million shares followed by Transjamaican Highway with 5.9 percent for 1.54 million units and Radio Jamaica, with 5 percent after trading 1.31 million units.
Trading averages 502,115 units at $3,312,470, versus 668,436 shares at $5,296,593 compared to October that averaged 251,350 units at $2,773,208.
Investor’s Choice bid-offer indicator shows 12 stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Barita Investments rose 90 cents to $94.90 in exchanging 5,294 shares, Berger Paints gained 83 cents to close at $14.83 with the swapping of 2,418 stock units, Caribbean Cement slumped $10.95 to $103.05 in trading 27,188 stocks. Caribbean Producers popped 30 cents to end at $8.30 with an exchange of 114,526 units, Eppley rose $1.35 to $37.35 after 2,105 stocks cleared the market, Eppley Caribbean Property Fund advanced $2.49 to $42.90 with a transfer of 14,323 stock units. Guardian Holdings bounced $29.80 to $549.80 with 954 units changing hands, Jamaica Broilers fell $1.20 in ending at $29.80 after 352,064 shares switched owners, Jamaica Producers advanced $1.35 to $23.50 with 3,837 stock units crossing the market. JMMB Group shed 75 cents to close at $37.25 with the swapping of 152,756 units, Kingston Properties rallied $1 to $9.50 in an exchange of 302 shares, Kingston Wharves lost 48 cents to finish at $44.52 with 6,396 stocks crossing the market. Margaritaville rallied 68 cents to end at $14.88 in trading 7,030 shares, Mayberry Investments climbed 30 cents to $6.30 with the swapping of 19,315,460 units, MPC Caribbean Clean Energy declined $15 to $100 after exchanging 240 stock units. Palace Amusement dropped $60 to $955 in switching ownership of 8 stocks, PanJam Investment popped 50 cents to close at $65 with the swapping of 14,469 shares, Portland JSX lost 50 cents to settle at $7.50 after 1,045 stock units crossed the exchange. Proven Investments dipped 34 cents to close at $33.01 after transferring 84,505 units after hitting a 52 weeks’ intraday low of $30, Sagicor Group declined $4.25 in closing at $53.75 trading 9,821 stocks, Scotia Group gained 50 cents to settle at $36 in trading 14,076 stock units. Seprod fell 25 cents to $63.70, with 3,633 stocks clearing the market, Stanley Motta rose 92 cents to end at $5.84 with 16,403 shares changing hands and Sygnus Real Estate Finance lost 25 cents to close at $18 in exchanging 1,000 units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Market activity on Tuesday closed mixed, with the volume of shares trading rising 97 percent and the value 27 percent higher than on Monday on the Jamaica Stock Exchange Main Market, but rising stocks were less than those declining at the close of the market, as the All Jamaican Composite Index dropped 871.55 points to 445,867.00, the JSE Main Index advanced 276.58 points to 403,527.57 and the JSE Financial Index added 0.25 points to 97.69.
Trading ended with 53 active securities compared to 46 on Monday, with 18 rising, 25 declining and ten ending unchanged. The PE Ratio, a measure used in computing appropriate stock values, averages 15.5. 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 now and August 2022.
Trading ended with 13,991,296 shares changing hands for $125,864,996 versus 7,105,920 units at $99,181,702 on Monday. Wigton Windfarm led trading with 25.3 percent of total volume for an exchange of 3.54 million shares, followed by Transjamaican Highway with 12.5 percent for 1.75 million units, Radio Jamaica controlled 11.5 percent, with 1.61 million units and Ciboney Group ended with 8.1 percent market share for 1.14 million units.
Trading averages 263,987 units at $2,374,811, compared to 154,477 shares at $2,156,124 on Monday and month to date, an average of 230,226 units at $2,561,837, versus 228,041 units at $2,573,940 on Monday. September closed with an average of 335,669 units at $7,507,404.
Investor’s Choice bid-offer indicator shows nine stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Berger Paints rallied 33 cents to $14.83 with an exchange of 269 stock units, Caribbean Cement advanced $1.50 to $116 after clearing the market of 26,409 stocks. Caribbean Producers rose 50 cents in closing at $7.50 with 290,385 units changing hands, Ciboney Group spiked 21 cents to close at 84 cents in switching ownership of 1,136,330 stocks, Eppley gained 45 cents to end at $37 after swapping of 1,020 units. Eppley Caribbean Property Fund fell $1.99 to $40 in exchanging 1,234 shares, First Rock Capital lost 45 cents to finish at $11.90 after transferring 26,434 stock units, GraceKennedy shed 55 cents to close at $100 in trading 557,522 stocks. Jamaica Broilers declined $1.41 to $28.60 with 16,827 units crossing the exchange, Jamaica Producers popped 60 cents to $24 in switching ownership of 60,779 stock units, Jamaica Stock Exchange shed 60 cents to close at $17 in an exchange of 4,150 shares. JMMB Group slipped 35 cents to $37.90 in transferring 137,795 stocks, Kingston Wharves gained 25 cents in ending at $43.35 after trading 8,675 units, Margaritaville shed 59 cents to $14.30 with the swapping of 1,393 shares. Mayberry Investments gained 47 cents to $5.99 with an exchange of 27,102 stock units, NCB Financial fell $4.97 to $129.01 in switching ownership of 20,383 stocks, 1834 Investments lost 21 cents to settle at 77 cents after crossing the exchange with 490,379 shares, Palace Amusement dropped $9 to end at $1,015 with 21 shares clearing the market. PanJam Investment rallied 55 cents in closing at $64.55 with 2,116 stock units changing hands, Portland JSX popped 50 cents to $8 in trading 400 units, Proven Investments fell 45 cents to $33.02 after exchanging 931 stocks. Sagicor Group declined $1.57 to $51.40 with 2,912 units clearing the market, Scotia Group dipped 40 cents to $35.10 in exchanging 137,921 shares, Stanley Motta shed 95 cents to end at $4.95 after trading 500,000 stock units and Wisynco Group advanced $3.04 to end at 52 weeks’ high of $18.79 with the swapping of 619,145 shares.
In the preference segment, JMMB Group 7.25% rose 76 cents to end at 52 weeks’ high of $3.64 with 500 stocks changing hands.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.