Solid gains end November for JSE Main Market

Market activity ended on Tuesday with robust gains for the Jamaica Stock Exchange Main Market. The All Jamaican Composite Index jumped by 4,559.46 points to 437,668.39, just over 7,000 points below the close for October. The JSE Main Index surged 5,036.25 points to 397,830.67 and the JSE Financial Index rose 1.80 points to 98.28. The volume of stocks trading slipped at the close on Tuesday with the market ending, with rising stocks exceeding those decliners 2 to 1.
A total of 51 securities traded compared to 59 on Monday, with 24 rising, 12 declining and 15 ending unchanged.
The PE Ratio, a formula for computing appropriate stock values, averages 15.8. The PE ratio for the JSE Main and USD Market quotes are based on earnings forecasted by ICInsider.com for companies with financial years ending between the current year and August 2022.
Trading on hauled out 7,613,507 shares for $134,588,814 in contrast to 10,513,011 units at $104,608,393 on Monday. Transjamaican Highway led trading with 21.2 percent of total volume after transferring 1.62 million shares, followed by Jamaica Broilers with 14.3 percent and 1.09 million units and Wigton Windfarm 10 percent with an exchange of 762,810 units.
Trading averaged 149,284 units at $2,638,996 versus 178,187 shares at $1,773,024 on Monday and month to date, an average of 233,949 units at $2,695,416, versus 237,936 units at $2,698,072 on Monday. October closed with an average of 251,350 units at $2,773,208.
Investor’s Choice bid-offer indicator shows 20 stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close, Barita Investments dipped 30 cents in closing at $90.40 after 14,398 shares crossed the market, Berger Paints fell $1.10 to $13.60 in an exchange of 653 units, Caribbean Cement climbed $9.40 to $92.50 in switching ownership of 306,290 stock units. Jamaica Broilers rallied $2.30 to close at $31 in trading 1,091,303 stocks, Jamaica Producers advanced $1.74 to end at $24 with the swapping of 178,959 units, Jamaica Stock Exchange rose $1.65 to finish at $19.15 in trading 117,911 stock units. JMMB Group popped 35 cents to close at $38.40 with 102,208 shares changing hands, Margaritaville fell $5 in closing at $16 with one stock unit crossing the market, PanJam Investment popped $9.21 to $73.76 in an exchange of 823 units. Sagicor Group shed $2 to close at $53 in transferring 533,923 stock units and Scotia Group gained 30 cents in ending at $37.75 with 3,505 stocks changing hands, Supreme Ventures rallied 19 cents in closing at $17.50 in switching ownership of 195,825 shares and Wisynco Group increased 22 cents to $16.93 trading 123,466 units.

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

Main Market rally not on solid ground

Market activity ended on Monday with the volume of shares trading rising 37 percent and the value climbing 33 percent higher than on Friday on the Jamaica Stock Exchange Main Market as rising stocks lagged those declining by a big margin of one to two.
The All Jamaican Composite Index rallied 643.07 points to settle at 433,108.93, the JSE Main Index advanced 1,574.06 points to 392,794.42 and the JSE Financial Index picked up 0.88 points to end at 96.48.
Trading ended with 59 securities, up from 50 on Friday, with 14 rising, 30 declining and 15 ending unchanged. The PE Ratio, a formula for computing appropriate stock values, averages 15.7. The PE ratio for the JSE Main and USD Market closing quotes are based on earnings forecasts computed by ICInsider.com for companies with financial years ending between the current year and August 2022.
Trading ended with 10,513,011 shares changing hands for $104,608,393 up from 7,647,903 units at $78,855,103 on Friday. Wigton Windfarm led trading with 32.7 percent of total volume with a transfer of 3.44 million shares, followed by Transjamaican Highway with 27.4 percent for 2.88 million units and JMMB Group 7 percent with 739,927 units changing hands.
Trading averages 178,187 units at $1,773,024, compared to 152,958 shares at $1,577,102 on Friday and month to date, an average of 237,936 units at $2,698,072, up from 241,379 units at $2,751,371 on Friday. October closed with an average of 251,350 units at $2,773,208.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Barita Investments shed $1.44 to close at $90.70 with 7,999 stock units changing hands, Caribbean Cement declined $3.40 to $83.10, with 129,631 units clearing the market. Eppley Caribbean Property Fund advanced $4 to $38 in trading 98,020 stocks, Guardian Holdings spiked $20 to $540 with a transfer of 14 shares, Jamaica Broilers slipped 75 cents to end at $28.70 in exchanging 114,430 stock units. Jamaica Producers shed $1.69 to end at $22.26 with the swapping of 4,944 units, Jamaica Stock Exchange rallied 50 cents in closing at $17.50 with an exchange of 14,469 stocks, Mayberry Investments lost 45 cents to close at $7.55 with 66,400 stock units crossing the exchange. NCB Financial rose $1.64 to $120.94 in switching ownership of 49,909 stocks, 138 Student Living fell $1.58 in closing at $3.11 in exchanging 4,743 shares, Palace Amusement dropped $73 to $957 with 130 units crossing the market, PanJam Investment declined $8.45 to close at $64.55 in transferring 16,213 shares. Portland JSX spiked $1 in closing at $7.70 with the swapping of 797 stock units, Proven Investments lost 40 cents after ending at $33.40, with 2,064 stocks crossing the market, Sagicor Group popped $2.30 to end at $55 in an exchange of 486,386 units. Salada Foods dipped 40 cents to $6.50 with 19,775 shares changing hands, Scotia Group lost 52 cents to $37.45 in trading 27,687 units, Seprod shed 80 cents to end at $63.20 in switching ownership of 13 shares. Supreme Ventures fell 49 cents to $17.31 in an exchange of 8,575 stock units, Sygnus Credit Investments dipped 46 cents to close at $15.04 after clearing the market with 58,031 stocks and Wisynco Group lost 29 cents to $16.71 with 93,881 shares changing hands.
In the preference segment, Eppley 7.50% preference share rose 90 cents to end at $6.90 in trading 602 stock units and Productive Business Solutions 9.75% preference shares advanced $3 in closing at $104 with 17 units crossing the market.

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

JSE Main Market edges forward

Market activity ended on Friday with the volume of shares trading declining 19 percent and the value jumping 44 percent higher than on Thursday at the close of Jamaica Stock Exchange Main Market and leading to rising stocks exceeding those declining.
The All Jamaican Composite Index advanced 515.13 points to 432,465.86, the JSE Main Index rose 415.79 points to 391,220.36 and the JSE Financial Index gained 0.63 points to end at 95.60.
Trading resulted from 50 securities compared to 52 on Thursday, with 25 rising, 13 declining and 12 ending unchanged.
The PE Ratio, a formula for computing appropriate stock values, averages 16.1. 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 7,647,903 shares changing hands for $78,855,103 versus 9,485,143 units at $54,811,242 on Thursday. Transjamaican Highway led trading with 38.4 percent of total volume for an exchange of 2.94 million shares, followed by Wigton Windfarm 22.6 percent with 1.72 million units and Jamaica Producers with 10.2 percent after 781,128 units changed hands.
Trading averages 152,958 units at $1,577,102, compared to 182,407 shares at $1,054,062 on Thursday and month to date, an average of 241,379 units at $2,751,371, versus 245,918 units at $2,811,652 on Thursday. October closed with an average of 251,350 units at $2,773,208.
Investor’s Choice bid-offer indicator shows ten stocks ended with bids higher than their last selling prices and five with lower offers.
At the close, Berger Paints popped $1.15 to $14.70 with 31 units crossing the market, Caribbean Cement declined $2.31 to end at $86.50 in exchanging 131,025 stock units, Caribbean Producers rallied 40 cents to $10 after 134,963 stocks cleared the market. Eppley gained 40 cents to settle at $36 after exchanging 403 stock units, First Rock Capital advanced $1.01 to $11.03 with the swapping of 438 units, Jamaica Broilers rose 45 cents to end at $29.45 in an exchange of 30,102 shares. Jamaica Producers spiked 55 cents in closing at $23.95, in switching ownership of 781,128 stocks, JMMB Group lost 32 cents ending at $38.18 in the transfer of 96,246 shares, Kingston Properties gained 40 cents to close at $9 in trading 1,550 stocks. NCB Financial gained 30 cents in closing at $119.30 with the swapping of 14,362 stock units, 138 Student Living picked up 29 cents to finish at $4.69 after 5,301 shares crossed the exchange, Palace Amusement climbed $45 to $1,030 in trading 138 units. PanJam Investment advanced $9.70 to finish at $73 with a transfer of 11,523 shares, Proven Investments popped 50 cents to close at $33.80 with 3,356 units changing hands, Scotia Group spiked $3.47 to $37.97 in switching ownership of 577,189 stocks. Seprod popped 80 cents to $64 in exchanging 34,014 stock units, Stanley Motta lost 35 cents to end at $5.25 with 19,955 shares crossing the market, Sygnus Credit Investments shed 49 cents to close at $15.50 with the swapping of 42,632 units and Wisynco Group rose 40 cents to $17 with a transfer of 94,656 stocks.

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

Trading plunges on JSE Main market

Market activity ended on Thursday with the volume of shares declining 25 percent and the value plunging 26 percent lower than on Wednesday on the Jamaica Stock Exchange Main Market as rising stocks failed to match those declining.
The All Jamaican Composite Index dived 2,262.59 points to 431,950.73, the JSE Main Index shed 1,959.04 points to 390,804.57 and the JSE Financial Index lost 0.88 points to end at 94.97.
Overall 52 securities traded up from 51 on Wednesday, with 17 rising, 21 declining and 14 ending unchanged.
The PE Ratio, a formula used for computing appropriate stock values, averages 15.6. The PE ratio for the JSE Main and USD Market closing quotes are based on earnings forecasts by ICInsider.com for companies with financial years ending between the current year and August 2022.
Trading ended with 9,485,143 shares changing hands for $54,811,242 versus 12,587,397 units at $74,535,868 on Wednesday. Wigton Windfarm led trading with 26.2 percent of total volume with a transfer of 2.48 million shares followed by Transjamaican Highway 23.1 percent with 2.2 million units and Sterling Investments with 13.4 percent for an exchange of 1.27 million units.
Trading averages 182,407 units at $1,054,062, compared to 246,812 shares at $1,461,488 on Wednesday and month to date, an average of 245,918 units at $2,811,652, compared to 249,500 units at $2,910,778  on Wednesday. October closed with an average of 251,350 units at $2,773,208.
Investor’s Choice bid-offer indicator shows eight stocks ending with higher bids than their last selling prices and none with a lower offer.
At the close, Barita Investments spiked $2.15 to $92.15 in an exchange of 6,158 shares, Caribbean Cement rallied $2.31 to $88.81 with 124,985 units crossing the exchange, Caribbean Producers lost 30 cents to close at $9.60 in trading 308,440 stocks. Eppley slipped 40 cents to $35.60 with the swapping of 451 stock units, First Rock Capital fell $1.48 in closing at $10.02 after switching ownership of 47,855 shares, Guardian Holdings dropped $20 to close at $520 after 3,419 units cleared the market. Jamaica Broilers gained 30 cents to finish at $29 with 7,450 stocks changing hands, Jamaica Producers shed 55 cents to end at $23.40 in trading 8,389 shares, JMMB Group lost 30 cents in closing at $38.50 in ownership switching for74,664 stocks. Key Insurance rallied 36 cents to $4.39 in transferring 2,600 units, Palace Amusement dropped $45 in closing at $985, with 105 stock units changing hands, Proven Investments dipped 30 cents to end at $33.30 with a transfer of 15,877 shares. Sagicor Group rose 50 cents to $52.70 after an exchange of 73,402 stocks, Scotia Group lost 40 cents ending at $34.50, with 15,947 stock units changing hands, Seprod dipped 55 cents to $63.20 in exchanging 6,169 units. Supreme Ventures fell 63 cents in closing at $17.85 with the swapping of 73,324 shares and Sygnus Credit Investments rose 99 cents to $15.99, with 159,129 stocks crossing the market.
In the preference segment, Eppley 7.50% preference share shed 90 cents to settle at $6 in trading 130 units and Productive Business Solutions 9.75% preference shares advanced $28.90 to close at $101 after crossing the exchange with one stock unit.

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

More gains for JSE Main Market

Market activity ended on Wednesday with the volume of shares trading rising 39 percent and the value of stocks 25 percent lower than Tuesday on the Jamaica Stock Exchange Main Market as rising stocks clobbered those declining.
Overall, 51 securities traded compared to 50 on Tuesday, with 26 rising, 17 declining and eight unchanged. The All Jamaican Composite Index spiked 2,767.79 points to 434,213.32, the JSE Main Index jumped 2,471.24 points to 392,763.61 and the JSE Financial Index rallied 0.42 points to end at 95.85.
The PE Ratio, a formula for computing appropriate stock values, averages 15.7. The PE ratio for the JSE Main and USD Market closing quotes are based on earnings forecasts of ICInsider.com for companies with financial years ending between the current year and August 2022.
Trading ended with 12,587,397 shares changing hands for $74,535,868 versus 9,056,607 units at $98,885,368 on Tuesday. Sagicor Select Financial Fund led trading with 52.9 percent of total volume for an exchange of 6.65 million shares, followed by Transjamaican Highway 12.7 percent with 1.6 million units and 1834 Investments 4.3 percent with 543,746 shares changing hands.
Trading averages 246,812 units at $1,461,488, compared to 181,132 shares at $1,977,707 on Tuesday and month to date, an average of 249,500 units at $2,910,778, compared to 249,657 units at $2,995,639 on Tuesday. October closed with an average of 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 three with lower offers.
At the close, Barita Investments dropped $2.25 to $90 with 25,365 shares changing hands, Berger Paints slipped 54 cents in closing at $13.56 after trading 3,799 stocks, Caribbean Cement climbed $7.01 to $86.50 with 117,109 stock units clearing the market. Eppley Caribbean Property Fund spiked $4 to close at $42 in switching ownership of 1,334 units, First Rock Capital rose 85 cents to $11.50 after exchanging 54,379 stock units, GraceKennedy advanced 94 cents to close at $98.94 with the swapping of 15,926 shares. Guardian Holdings spiked $20 to $540 in an exchange of 334 stocks, Jamaica Broilers shed $2 to end at $28.70 in trading 14,930 units, Jamaica Producers rallied $2.50 in closing at $23.95 in switching ownership of 20,200 stocks. JMMB Group popped 61 cents to $38.80 after transferring 223,545 shares, Kingston Wharves lost 30 cents in closing at $43.70 with the swapping of 100 units, Mayberry Investments gained 31 cents to $7.81 in trading 41,417 stock units. PanJam Investment declined $7.90 to close at $63.10 with 26,012 shares changing hands, Proven Investments gained 35 cents to end at $33.60 with a transfer of 12,467 stocks, Sagicor Group fell $1.79 to $52.20 after crossing the exchange with 57,067 stock units. Salada Foods gained 25 cents to end at $7 in trading 38,973 units, Scotia Group rose 60 cents to close at $34.90 with the swapping of 124,679 stock units, Sygnus Credit Investments dipped 50 cents to $15 in exchanging 182,678 stocks. Sygnus Real Estate Finance rallied $1.51 to $16.01 after trading 2,629 shares.
In the preference segment, Eppley 7.50% preference share rose 90 cents to $6.90 in transferring 2,204 units and JMMB Group 7.25% lost 69 cents to close at $2.40 in switching ownership of 9,383 shares.

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

Second day of gains for JSE Majors

Market activity ended on Tuesday with the volume of shares trading rising marginally, with the value 62 percent higher than on Monday on the Jamaica Stock Exchange Main Market as declining stocks beat out those rising.
The All Jamaican Composite Index rallied 1,237.61 points to 431,445.53, the JSE Main Index popped 736.12 points to 390,292.37 and the JSE Financial Index added 0.29 points to end at 95.43.
Trading ended with 50 securities compared to 52 on Monday, with 17 rising, 23 declining and 10 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.
A total of 9,056,607 shares traded for $98,885,368 up from 8,605,350 units at $61,182,683 on Monday. Transjamaican Highway led trading with 32.7 percent of total volume after an exchange of 2.96 million shares followed by Wisynco Group 15.7 percent, with 1.43 million units, Wigton Windfarm contributed 12 percent with 1.09 million units and Pulse Investments 11.3 percent for an exchange of 1.02 million units.
Trading averages 181,132 units at $1,977,707, compared to 165,488 shares at $1,176,590 on Monday and month to date, an average of 249,657 units at $2,893,458, versus 253,830 units at $3,057,633 on Monday. October closed with an average of 251,350 units at $2,773,208.
Investor’s Choice bid-offer indicator shows 17 stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Barita Investments fell 25 cents to $92.25 in trading 5,757 shares, Caribbean Producers rose 50 cents to $9.80 with 181,467 stock units crossing the market, Eppley picked up 50 cents to finish at $36 after exchanging 2,038 stocks. GraceKennedy fell 85 cents to end at $98 in switching ownership of 8,823 units, Guardian Holdings declined $5 to $520 with the swapping of 63,524 stocks, Jamaica Producers shed $2.50 in closing at $21.45 after exchanging 110,352 shares. JMMB Group lost 31 cents to settle at $38.19 with a transfer of 47,997 stock units, Margaritaville advanced $3.15 to end at $21 in trading 550 stock units, Mayberry Jamaican Equities lost 40 cents in ending at $8.50 after 1,800 shares cleared the market. NCB Financial rose $1 to $119 in exchanging 18,541 stock units, PanJam Investment rallied $3.50 to $71 with the swapping of 117,621 units, Sagicor Group spiked 49 cents to $53.99 after 1,940 stocks crossed the market. Scotia Group popped 30 cents to end at $34.30 with 41,558 stock units changing hands, Seprod rose 65 cents to close at $63.75 in switching ownership of 3,824 units, Sygnus Credit Investments dipped 48 cents in closing at $15.50 after trading 264,810 shares and Victoria Mutual Investments lost 40 cents to close at $5.60 in transferring 51,422 stocks.
In the preference segment, JMMB Group 7.25% fell 55 cents to $3.09 in an exchange of 1,475 stock units.

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

Trading plunges on JSE Main Market

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.

Huge surge in trading on JSE USD market

The level of trading surged sharply on Monday, ending with the volume of shares changing hands spiking 4,327 percent and the value surging 4,871 percent over Friday’s levels at the close of the Jamaica Stock Exchange US dollar market, resulting in an even number of stocks rising and falling.

Sygnus Real Estate traded 5 million shares on Monday

Trading ended with nine securities changing hands, up from seven on Friday, with prices of two rising, two declining and five ending unchanged.
The JSE US Denominated Equities Index gained 0.96 points to end at 196.88. Overall, 5,180,361 shares traded for US$780,108 up from 117,025 units at US$15,695 on Friday.
The PE Ratio, a measure used in computing appropriate stock values, averages 12.2. The PE ratio uses earnings forecasts done by ICInsider.com for each company, with the financial year ending during the current year up to August 2022.
Trading averaged 575,596 units at US$86,679, compared to 16,718 shares at US$2,242 on Friday and month to date averages 89,297 shares at US$11,693 versus 44,176 units at US$4,736 on Friday. October ended with an average of 48,646 units for US$4,160.
Investor’s Choice bid-offer indicator shows one stock ended with the bid higher than the last selling price and no stock with a lower offer.
At the close, First Rock Capital USD share rallied 0.1 of a cent in closing at 7 US cents while exchanging 842 shares, Margaritaville finished unchanged at 9 US cents with an exchange of 65,070 stocks, Proven Investments declined 0.44 of a cent in ending at 23 US cents with the swapping of 40,373 stock units. Sygnus Credit Investments Jamaican dollar denominated share remained at 12.83 US cents in an exchange of 53 units, Sygnus Credit Investments USD share rose half a cent to end at 13 US cents, with 4,481 units clearing the market, Sygnus Real Estate Finance USD share ended at 15 US cents after trading 5,000,478 shares. Transjamaican Highway finished unchanged at 0.85 f a US cent with 60,764 stocks changing hands.
In the preference segment, JMMB Group 5.75% fell 3 cents in closing at US$2.02, with 5,000 stock units crossing the market and JMMB Group 6% remained at US$1.05 in switching ownership of 3,300 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Cement weights down JSE Main Market again

The Jamaica Stock Exchange Main Market suffered a second day of significant decline as Caribbean Cement’s price plunged again on Friday to sit at $78 after more than a million shares traded, with the price hitting $69, as investors sold the stock down, following disclosure that company is proposing to increase the payout to its Parent, by way of increased management and other fees, up to four percent of revenues. 
The All Jamaican Composite Index plunged 7,346.88 points, following Thursday nearly 5,000 points drop, to close the week at 427,237.85, and the lowest point since late-December last year. The JSE Main Index dived 6,433.10 points to 386,813.17 and the JSE Financial Index declined 1.26 points to end at 94.49.
Traded volume declined moderately as the value slipped 28 percent below Thursday trades as 53 securities changed hands compared to 51 on Thursday, with 20 rising, 21 declining and 12 ending unchanged.
The PE Ratio, a formula 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 the current year and August 2022.
A total of 8,907,757 shares traded for $199,296,925 versus 8,679,973 units at $275,453,480 on Thursday. Caribbean Cement led trading with 15.6 percent of total volume with a transfer of 1.39 million shares, followed by Wigton Windfarm 10.8 percent with 958,831 units and JMMB Group 9 percent after trading 801,575 units.
Trading  averages 168,071 units for $3,760,31 compared to 170,196 shares at $5,401,049 on Thursday $3,184,829, compared to 266,594 units at $3,142,230 on Thursday. October closed with an average of 251,350 units at $2,773,208.
Investor’s Choice bid-offer indicator shows 16 stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, Caribbean Cement dropped $3, to close at $78 in trading 1,393,328 shares, Eppley dipped 50 cents to $35.50 in an exchange of 954 units. First Rock Capital rallied 66 cents to $10.99 after trading 20,699 stock units, GraceKennedy climbed 50 cents to $98.50 in transferring 164,304 shares, Guardian Holdings advanced $3.30 to $529.30 with 22,141 stock units crossing the market. Jamaica Broilers declined $2.90 to close at $29 with the swapping of 3,590 units, JMMB Group lost 25 cents in closing at $38.50 in switching ownership of 801,575 stocks, Key Insurance shed 37 cents to end at $4.03 with the trading of 27,718 stock units. Kingston Properties rallied 31 cents to $8.85 with an exchange of 1,176 units, Kingston Wharves rose $1 to $46 with 11,717 shares changing hands, Margaritaville advanced $2.47 in closing at $22.99, with 1,551 units crossing the exchange. NCB Financial shed 98 cents to end at $117.02 with an exchange of 42,468 stocks, 138 Student Living rose 70 cents to $4.70 in transferring 4,360 shares, PanJam Investment lost 50 cents to close at $70 after exchanging 17,794 units, Portland JSX fell 89 cents to $6.61 with 500 shares clearing the market. Radio Jamaica lost 26 cents to close at $3.06 in switching ownership of 689,952 stock units, Sagicor Group shed 64 cents in ending at $52.21 while trading 103,931 shares, Seprod popped 65 cents to finish at $63.70 after exchanging 2,252 stocks. Supreme Ventures rose $1.48 to $18.48 with 66,957 units changing hands and Sygnus Real Estate Finance declined $1.93 to $14.05 after 1,700 stock units crossed the market.

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

Carib Cement plunges $23 on JSE Main Market

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.