Market Insights: CAC Jumps 63% In Final Week Of 2020, Thanks To A Profitable Year – Jan 02, 2021

Welcome to The MoneyMax Market Insight for this week.

The insights for the week ending Thu Dec 31, 2020 are below.

The biggest performer in the final week of 2020 was CAC 2000 Limited (CAC).

CAC’s shares increased by $5, jumping from $8 to $13 in the final week of trading. The stock still ended 2020 down -13% (like most of the market), but this 63% jump in the final days of the year, does stand out. The company reported its year end results on the 30th and saw a complete reversal of fortunes, reporting J$33m in profit for year compared to a J$33m loss in the 2019.

Popular This Week

Most traded stocks this week – ranked based on number of trades.

Company Rank Movement Close Vol
GraceKennedy Ltd 1 Advanced 62.68 319.8k
Transjamaican Highway Ltd JMD 2 Advanced 1.33 18.8m
Wigton Windfarm Ltd 3 Advanced 0.75 4.2m
Derrimon Trading Company Ltd 4 Advanced 2.38 865.2k
Jamaica Money Market Brokers Group Ltd 5 Advanced 34.69 2.5m
Wisynco Group Ltd 6 Advanced 16.84 3.8m
NCB Financial Group Ltd 7 Declined 143.23 41.4k
Mailpac Group Ltd 8 Advanced 2.78 5.5m
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About The MoneyMax Market Insight – This is a compilation of stats and tips on the market. Each week we will highlight the best performing, trending & top ranked stocks and more – giving our members tips on what has been performing well and what to look forward to.

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