New record close for Junior Market

The Junior Market climbed 26.97 points to close at 3,669.73, complete trading at a new record close on Thursday after the market topped out on August 14, 2019, at 3,662.94, some two and a half years ago and follows the record intraday high earlier this week when the market hit 3,700.02 points in early trading on Monday.  
Market activity led to all 43 Junior Market securities trading on Thursday compared to 42 on Wednesday and ended with 23 rising, 12 declining and eight, closing unchanged.
The PE Ratio, a measure used to compute appropriate stock values, averages  16.3. The PE ratio of each stock in the chart below is based on ICInsider.com earnings forecast for companies with financial years, up to August 2022.
Trading closed, with the volume of stocks traded rising 54 percent and the value surging 45 percent over Wednesday’s trades as 14,330,907 shares traded for $44,562,678 up from 9,334,543 units at $30,769,347 on Wednesday. Spur Tree Spices led trading with 7.9 million shares for 55.1 percent of total volume followed by Mailpac Group with 1.37 million units for 9.6 percent of the day’s trade and Future Energy Source, 617,019 units for 4.3 percent market share.
Trading averaged 333,277 shares at $1,036,341 in contrast to 222,251 shares at $732,603 on Wednesday and month to date, an average of 323,991 units at $1,196,703 compared to 323,421 units at $1,206,540 on the previous day. December closed with an average of 409,209 units at $1,318,877.
Investor’s Choice bid-offer indicator shows no stock ended with a bid higher than their last selling prices and one with a lower offer.
At the close, CAC 2000 rallied 72 cents to end at $8.25 in an exchange of 50 shares, Cargo Handlers dropped 30 cents to close at $7, with 3,570 stock units clearing the market, Caribbean Cream climbed 27 cents to end at $5.27 after exchanging 2,327 stocks. Dolphin Cove popped 10 cents to close at $22.60 after trading 130,213 units with the price hitting an intraday high of $24.40. Elite Diagnostic advanced 30 cents in closing at a 52 weeks’ high of $4 while exchanging 49,005 stock units, Fontana rose 16 cents to $7.85 with the swapping of 346,988 shares. Fosrich gained 26 cents in closing at $14.83 with 11,944 stocks crossing the exchange, Future Energy Source increased 12 cents to close at $3.41 in trading 617,019 units, Honey Bun declined 30 cents to end at $9.25 in switching ownership of 130,247 shares. Indies Pharma shed 7 cents after ending at $3.08, with 74,482 stock units changing hands, Iron Rock Insurance increased 33 cents in closing at $3.30 after an exchange of 100 stocks, ISP Finance fell $2.51 to end at $35.49 and trading 336 units. Jamaican Teas rose 16 cents after ending at $4.26 in an exchange of 367,087 shares, Lasco Manufacturing lost 30 cents to $4.63 trading 3,776 stocks, Lumber Depot gained 14 cents to close at $3.18 after an exchange of 578,815 units. Medical Disposables gained 57 cents to $7.29 trading 189 stock units, Paramount Trading rallied 16 cents ending at a 52 weeks’ of $2.03 with an exchange of 236,189 stocks, SSL Venture fell 30 cents to end at $1.90 in trading 225,157 stock units and tTech popped 20 cents to close at $4.20 after 36,447 shares changed hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Massy Holdings list on JSE with no trades

Massy Holdings shares were listed on the Jamaica Stock Exchange Main Market on Thursday with no trading in the stock, but it closed with demand for 29,304 with 166 orders, with the highest bid at $2,801 for 137 shares and the lowest tradable at $1,500, there was no stock on offer at the close. The reference price to start trading was set at $2,643.08.
In the overall market, the volume of shares trading was 58 percent less and the value 28 percent higher than on Wednesday as rising stocks exceeded those declining after 55 securities traded, similar to Wednesday, with 22 rising, 16 declining and 17 ending unchanged.
The All Jamaican Composite Index popped 3,072.13 points to settle at 439,587.18, the JSE Main Index advanced 1,670.70 points to 397,169.87 and the JSE Financial Index gained 0.53 points to close at 98.02.
The PE Ratio, a formula for computing appropriate stock values, averages 16.4 The PE ratio for the JSE Main and USD Market closing quotes are based on ICInsider.com earnings forecasts for companies with financial years ending up to August 2022.
Overall, 9,854,246 shares were exchanged for $213,910,310 versus 23,550,929 units at $167,256,472 on Wednesday. Sagicor Select Financial Fund led trading with 23 percent of total volume with a transfer of 2.27 million shares followed by Kingston Wharves, 18.3 percent with 1.81 million units and Transjamaican Highway, 13.6 percent, with 1.34 million units changing hands.
Trading averages 179,168 units at $3,889,278, compared to 428,199 shares at $3,041,027 previously traded and month to date, an average of 205,968 units at $1,937,351, against 207,506 units at $1,825,288 on Wednesday. December closed with an average of 479,143 units at $6,686,322.
Investor’s Choice bid-offer indicator shows eleven stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Berger Paints rose 60 cents to $13 with 32,429 shares changing hands, Caribbean Cement rallied $1.71 to end at $71.20 in an exchange of 18,690 units, Caribbean Producers popped $1.57 to close at a 52 weeks’ high of $17.80 in trading 426,694 stock units. Eppley fell $1.45 to settle at $35 with the swapping of 2,337 stocks, First Rock Capital rose $1.63 to $12 with an exchange of 97,500 shares, GraceKennedy gained 50 cents to close at $102.50 after 30,325 stocks crossed the market. Guardian Holdings declined $4.35 in closing at $533 after 248 units switched owners, Jamaica Stock Exchange rallied $1.03 to $16.86 with a transfer of 4,647 stock units, JMMB Group gained 30 cents after ending at $39.50 with the swapping of 734,028 shares. Margaritaville fell $3 to $23 with 1,111 stocks changing hands, Mayberry Investments rallied 64 cents to $7.85 in transferring 4,183 shares, NCB Financial popped $6 to finish at $133, with 580,328 units crossing the exchange. PanJam Investment rose 50 cents to $65.50 in trading 213 units, Proven Investments declined $1.20 to end at $32 with 17,120 stock units crossing the market, Sagicor Group advanced $1.39 to $53.90 after an exchange of 17,121 shares. Seprod shed $1 to close at $60 in transferring 13,140 stocks, Sygnus Credit Investments rallied 50 cents to $16 with 102,082 stocks clearing the market, Sygnus Real Estate Finance advanced $2.23 to $18.25 in switching ownership of 100 units and Wisynco Group lost 30 cents to end at $17.50 with 389,966 stock units crossing the market.
In the preference segmentJMMB Group 7.25% shed 34 cents in closing at $3.24 with 23 shares changing hands and Productive Business Solutions 9.75% preference share gained $12 to settle at a 52 weeks’ high of $120 after trading a mere 8 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Junior Market eyeing record close

Trading closed on Wednesday, with the volume of stocks traded declining 28 percent and the value slipping 22 percent lower than on Tuesday, but the market index held on to most of its early gains at the close of the Jamaica Stock Exchange Junior Market.
A total of 42 securities traded similar to Tuesday and ended with 15 rising, 16 declining and 11, closing unchanged. The Junior Market Index climbed 23.96 points to settle at 3,642.76, just 20 points away from the August 2019 record close.
The PE Ratio, a measure used to compute appropriate stock values, averages  16.1. The PE ratio of each stock shown in the chart below is based on ICInsider.com earnings forecast for companies with financial years up to August 2022.
A total of 9,334,543 shares traded for $30,769,347 compared to 12,971,456 units at $39,367,165 on Tuesday. Spur Tree Spices led trading with 2.22 million shares for 23.8 percent of total volume followed by Future Energy Source with 1.94 million units for 20.7 percent of the day’s trade and Lumber Depot with 885,926 units for 9.5 percent market share.
Trading averaged 222,251 shares at $732,603 in contrast to 308,844 shares at $937,313 on Tuesday and month to date, an average of 323,421 units at $1,206,540, compared to 329,869 units at $1,236,745, previously. December closed with an average of 409,209 units at $1,318,877.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and none with a lower offer.
At the close, Access Financial increased $1 in closing at $24 after an exchange of 5,226 shares, AMG Packaging advanced 15 cents to close at $3.30 in trading 149,663 stock units, Blue Power lost 9 cents in ending at $3.16 after 4,655 stocks were traded. CAC 2000 dropped 77 cents to $7.53 in switching ownership of 2,921 units, Cargo Handlers fell 21 cents to $7.30 in an exchange of 1,001 stocks, Caribbean Assurance Brokers gained 10 cents to finish at $2.99 with the swapping of 144,260 shares. Caribbean Cream shed 20 cents in ending at $5, with 301,934 units changing hands,  Consolidated Bakeries declined 9 cents to close at $1 in trading 160,517 stock units, Elite Diagnostic popped 21 cents to end at $3.70, with 78,665 units clearing the market. Fosrich dropped 23 cents in closing at $14.57 while exchanging 49,509 stock units, Future Energy Source fell 11 cents to $3.29 with an exchange of 1,936,712 shares, iCreate declined 7 cents to close at 78 cents after 338,244 stocks crossed the market. Iron Rock Insurance lost 13 cents to end at $2.97 with 15,424 units changing hands, ISP Finance spiked $8.50 to $38 after exchanging one stock unit, Jamaican Teas rallied 7 cents to $4.10 trading 39,341 stocks. Knutsford Express rose 10 cents to $8 with 12,150 shares changing hands, Lasco Manufacturing rallied 37 cents in closing at $4.93 after 642,854 shares passed through the exchange, Lumber Depot rose 7 cents to $3.04 in trading 885,926 stocks. Mailpac Group gained 13 cents to end at $3.34 after trading 595,822 units, Spur Tree Spices increased 16 cents to close at $2.46 with 2,218,267 stock units changing hands, SSL Venture shed 9 cents to $2.20 after 479,032 stock units crossed the market and Stationery and Office Supplies climbed 24 cents to close at $5.99 after trading 54,587 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Pullback for JSE Main Market

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Market activity ended on Wednesday with the volume of shares declining 23 percent and the value 34 percent lower than on Tuesday at the close of the Jamaica Stock Exchange Main Market as rising stocks were marginally less than those declining, pushing the market indices into a fall.
The All Jamaican Composite Index dropped 3,169.31 points to 436,515.05, the JSE Main Index fell 2,739.24 points to settle at 395,499.17 and the JSE Financial Index shed 1.10 points to close at 97.49.
Trading ended with 55 securities, as was the case on Tuesday, with 17 rising, 18 declining and 20 ending unchanged.
The PE Ratio, a formula for computing appropriate stock values, averages 16.2. The PE ratio for the JSE Main and USD Market closing quotes are based on ICInsider.com earnings forecasts for companies with financial years ending up to August 2022.
Overall, 23,550,929 shares were exchanged for $167,256,472 down from 30,430,391 units at $253,596,547 on Tuesday. Wigton Windfarm dominated trading with 67.7 of total volume after transferring 15.95 million shares followed by Jamaica Broilers, 6.8 percent with 1.61 million units and QWI Investments with 4.4 percent after an exchange of 1.05 million units.
Trading averages 428,199 units at $3,041,027, compared to 553,280 shares at $4,610,846 on Tuesday and month to date, an average of 207,506 units at $1,825,288, compared to 194,064 units at $1,751,240 on the previous day. December closed with an average of 479,143 units at $6,686,322.
Investor’s Choice bid-offer indicator shows ten stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Berger Paints fell 59 cents to $12.40 with 89,460 units clearing the market, Caribbean Producers shed 72 cents in closing at $16.23 after 171,442 stock units changed hands. Eppley rose $1.45 to end at $36.45 in switching ownership of 590 stocks, First Rock Capital lost 63 cents to close at $10.37 with the swapping of 24,812 shares, Guardian Holdings dropped $10.65 to end at $537.35 in trading 87 units. Jamaica Broilers gained 50 cents in closing at $27.50 with 1,610,187 shares changing hands, Jamaica Producers lost 32 cents after ending at $22.68 in transferring 1,574 units, Jamaica Stock Exchange fell $1.67 to close at $15.83 in exchanging 126,376 shares. Margaritaville popped $1 to end at $26 in switching ownership of 3,266 units, Mayberry Investments declined 69 cents after ending at $7.21 and trading 9,074 stocks, MPC Caribbean Clean Energy rallied $3 to close at $100 with an exchange of 3,228 stock units. NCB Financial declined $5 to end at $127 with the swapping of 594,363 units, 138 Student Living traded 662 shares and gained 40 cents to land at $4.20, PanJam Investment advanced $2 in closing at $65 after 759 stock units crossed the exchange, Sygnus Credit Investments rose 62 cents to $15.50 with a transfer of 234,060 stocks and Sygnus Real Estate Finance fell $2.23 to $16.02 with the swapping of 2,124 shares.
In the preference segmentJMMB Group 7.25% advanced 50 cents in closing at $3.58 with 300 stock units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Junior Market backs off attaching record

Trading activity eased on Tuesday and led to a fall in the market index of 35.13 points to settle at 3,618.80 after the volume and value of stocks trading declined from Monday’s levels on the Jamaica Stock Exchange Junior Market.
At the close of the market, all but one security traded, resulting from 42 active securities compared to 39 on Monday and ended with 14 rising, 17 declining and 11, closing unchanged.
The PE Ratio, a measure used to compute appropriate stock values, averages 15.9. The PE ratio of each stock shown in the chart below is based on ICInsider.com earnings forecast for companies with financial years up to August 2022.
A total of 12,971,456 shares traded for $39,367,165 up from 12,036,880 units at $36,747,444 on Monday. Spur Tree Spice led trading with 2.99 million shares for 23 percent of total volume followed by Future Energy Source with 1.87 million units for 14.4 percent of the day’s trade and Consolidated Bakeries with 1.74 million units for 13.4 percent market share.
Trading averaged 308,844 shares at $937,313 versus 308,638 shares at $942,242 on Monday and the month to date, averaging 329,869 units at $1,236,745, down from 331,300 units at $1,257,128 on the previous day. December closed with an average of 409,209 units at $1,318,877.
Investor’s Choice bid-offer indicator shows one stock ending with a bid higher than the last selling price and one with a lower offer.
At the close, Access Financial shed $2 in closing at $23, with trading of 35,148 shares, Blue Power popped 10 cents to end at $3.25 while trading 100,829 stock units, Cargo Handlers climbed 31 cents to close at $7.51 after exchanging 255,892 stocks. Caribbean Cream fell 20 cents to $5.20 in trading 65,225 units, Caribbean Flavours gained 7 cents after ending at $1.97, with 1,128 stocks crossing the market, Dolphin Cove rallied 19 cents to $22.50 trading 119,669 shares. Fosrich fell 15 cents in closing at $14.80 after exchanging 85,510 units, Future Energy Source lost 9 cents in ending at $3.40 with the swapping of 1,866,716 stock units, Honey Bun rose 9 cents to close at $9.59, with 62,258 units changing hands. Iron Rock Insurance advanced 7 cents to end at $3.10 in trading 90 stock units, ISP Finance dropped $6.80 to end at $29.50 in an exchange of 1,217 shares, Jamaican Teas shed 16 cents to $4.03, with 259,746 stocks crossing the exchange. Knutsford Express dropped 9 cents to close at $7.90 in exchanging 10,000 shares, Lasco Manufacturing lost 40 cents to finish at $4.56, with 145,699 stocks clearing the market, Mailpac Group declined 9 cents in closing at $3.21 with an exchange of 765,392 stock units. Medical Disposables fell 77 cents to $6.72 trading 34,036 units, Paramount Trading increased 24 cents to close at a 52 weeks’ high of $1.87 in switching ownership of 325,700 stocks, Spur Tree Spices gained 9 cents to close at $2.30 trading 2,987,477 units. SSL Venture advanced 56 cents in closing at a 52 weeks’ high of $2.29 while exchanging 460,347 stock units and Stationery and Office Supplies fell 15 cents to end at $5.75 with the swapping of 21,345 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading jumps on JSE Main Market

Market activity surged on Tuesday leading to the volume of shares trading, 319 percent higher than on Monday as funds passing through the Jamaica Stock Exchange Main Market climbed 262 percent and led to rising stocks exceeding those declining.
The All Jamaican Composite Index rose 401.94 points to 439,684.36, the JSE Main Index advanced 1,224.58 points to 398,238.41 and the JSE Financial Index popped 0.14 points to settle at 98.59.
Trading ended with 55 securities compared to 54 on Monday, with 22 rising, 17 declining and 16 ending unchanged.
The PE Ratio, a formula used in computing appropriate stock values, averages 16.3. The PE ratio for the JSE Main and USD Markets closing quotes uses ICInsider.com earnings forecasts for companies with the financial year ending up to August 2022.
Overall, 30,430,391 shares were exchanged for $253,596,547 versus 7,262,470 units at $70,112,586 on Monday. Stanley Motta led trading with 33.2 percent of total volume after exchanging 10.10 million shares followed by Wigton Windfarm, 20.8 percent, with 6.32 million units, Community & Workers Credit Union, controlled 10.8 percent, with 3.29 million units, Transjamaican Highway contributed 9.5 percent in trading 2.9 million units, Sagicor Select Financial Fund held 6.4 percent, with 1.93 million units and QWI Investments accounted for 4.5 percent with a transfer of 1.37 million units.
Trading averages 553,280 units at $4,610,846, on Tuesday, compared to 134,490 shares at $1,298,381 on Monday and month to date, an average of 194,064 units at $1,751,240, versus 170,766 units at $1,565,770 on the previous day. December closed with an average of 479,143 units at $6,686,322.
Investor’s Choice bid-offer indicator shows nine stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Barita Investments shed $1.01 in closing at $93.40 in trading 12,221 shares, Berger Paints gained 47 cents to close at $12.99 with an exchange of 17,798 stock units, Caribbean Producers popped 45 cents to end at $16.95 with 258,740 units clearing the market. Eppley declined $1.50 to $35 after exchanging 2,768 stocks, Eppley Caribbean Property Fund declined $4.20 after ending at $37.80 with 364 stock units crossing the market,  GraceKennedy advanced $4.20 to close at $102 in an exchange of 1,212,428 shares. Guardian Holdings climbed $18 to $548 with the swapping of 7,203 units, Jamaica Broilers fell 85 cents to $27 in switching ownership of 79,848 shares, Jamaica Producers rose $1 after ending at $23 with 6,401 stocks clearing the market. Jamaica Stock Exchange rallied 75 cents in closing at $17.50 with 2,515 stock units changing hands, JMMB Group gained 35 cents after ending at $39.10 in trading 117,087 shares, Kingston Wharves popped $2.29 to $41.60 with the swapping of 157,619 units. Margaritaville advanced $3 to $25 with a transfer of 100 stocks, NCB Financial rallied $4 to close at $132 in switching ownership of 88,589 stock units, Palace Amusement lost 55 cents to end at $945 after crossing the exchange with 15 shares. PanJam Investment fell $1.70 to close at $63 in transferring 229,652 stock units, Sagicor Group shed $1.60 in ending at $52.40 after exchanging 16,237 shares, Scotia Group fell $1.10 to $34.50 with the swapping of 90,700 units. Seprod lost $1 to end at $61 with 17,617 stocks changing hands and Stanley Motta lost 34 cents in closing at $5.50 after trading 10,097,550 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading drops on the JSE Main Market

Market activity ended on Monday with the volume of shares trading on the Jamaica Stock Exchange Main Market ending 53 percent less and the value 82 percent lower than on Friday, leading to mild gains in the market indices.
The All Jamaican Composite Index popped 24.71 points to close at 439,282.42, the JSE Main Index advanced 872.48 points to 397,013.83 and the JSE Financial Index rallied 0.83 points to close at 98.45.
Trading ended with 54 securities compared to 53 on Friday, with 16 rising, 21 declining and 17 ending unchanged.
The PE Ratio, a formula for computing appropriate stock values, averages 16.4. The PE ratio for the JSE Main and USD Market closing quotes are based on ICInsider.com earnings forecasts for companies with financial years ending up to August 2022.
Overall, 7,262,470 shares were exchanged for $70,112,586 versus 15,537,794 units at $392,213,675 on Friday. Transjamaican Highway led trading with 22.8 percent of total volume in transferring 1.66 million shares followed by QWI Investments, 14.3 percent with 1.04 million units and Sagicor Select Manufacturing & Distribution Fund with 9.7 percent after trading 704,301 units.
Trading averages 134,490 units at $1,298,381, compared to 293,166 shares at $7,400,258 on Friday and month to date, an average of 170,766 units at $1,565,770, compared to 173,233 units at $1,583,955 on the prior trading day. December closed with an average of 479,143 units at $6,686,322.
Investor’s Choice bid-offer indicator shows 12 stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Barita Investments gained 56 cents to end at $94.41 with 7,429 shares clearing the market, Berger Paints lost 48 cents in closing at $12.52 in exchanging 500 units, Caribbean Cement shed 80 cents to end at $69.50 with a transfer of 13,739 stock units. Eppley rose 75 cents to $36.50 trading 433 stocks, Eppley Caribbean Property Fund rallied 42 cents to $42 after 1,306 shares crossed the market, First Rock Capital advanced 66 cents to $10.91 with the swapping of 5,750 stocks. Guardian Holdings popped $9 to $530 after an exchange of 1,207 units, Jamaica Producers shed $1 to end at $22 in switching ownership of 2,917 stock units, Jamaica Stock Exchange fell $1.05 to finish at $16.75 after trading 13,768 units. JMMB Group shed 75 cents in closing at $38.75 with 21,460 stocks changing hands, Kingston Wharves declined $2.69 to $39.31 with the swapping of 5,000 shares, Margaritaville advanced $1.80 to $22 in trading 99 units. Mayberry Investments gained 30 cents to close at $7.90 with a transfer of 3,396 stocks, MPC Caribbean Clean Energy declined $3 to end at $97 in an exchange of 335 stock units, Palace Amusement dropped $4.45 in closing at $945.55 with 62 shares clearing the market. PanJam Investment fell $1.30 to close at $64.70 after 501,222 units crossed the market, Salada Foods lost 33 cents to settle at $6.60 in switching ownership of 20,250 stock units, Scotia Group rose 60 cents to end at $35.60 in an exchange of 18,244 units and Supreme Ventures shed 60 cents to end at $17.20 in trading 59,053 stocks.
In the preference segmentJMMB Group 7.25% gained 30 cents in closing at $3.08 with an exchange of 7,070 shares.

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

Junior Market closes in on new record

In a bullish trading session on Monday, the Jamaica Stock Exchange Junior Market index surged 114 points to 3,700.02 within a few minutes of opening and closed with a big 68.18 points rally at 3,653.93, just 9 points below the all-time closing high in 2019, as the volume of stocks traded declined 27 percent and the value slipping 36 percent lower than on Friday.
A total of 39 securities traded versus 40 on Friday and ended with 20 rising, 10 declining and nine ending unchanged.
Three stocks closed at 52 weeks’ highs, leading the market to gain 6.6 percent year to date, up from 4 percent at the same time in 2021.
The PE Ratio, a measure used to compute appropriate stock values, averages16, The PE ratio of each stock in the chart below is based on ICInsider.com earnings forecast for companies with financial years up to August 2022.
A total of 12,036,880 shares traded for $36,747,444 compared to 16,579,452 units at $57,855,045 on Friday. Spur Tree Spices traded 4.73 million shares to lead with 39.3 percent of total volume followed by Mailpac Group, 1.55 million units, with 12.9 percent of the day’s trade and Future Energy Source with 1.01 million units for 8.4 percent market share.
Trading averaged 308,638 shares at $942,242  down from 414,486 shares at $1,446,376 on Friday and month to date, an average of 331,300 units at $1,257,128, compared to 332,829 units at $1,278,375 on the previous day. December closed with an average of 409,209 units at $1,318,877.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and three stocks with lower offers.
At the close, Access Financial fell $1.28 to $25, with 3,328 shares changing hands, AMG Packaging gained 15 cents in closing at $3.20, with 183,960 stock units clearing the market, Blue Power declined 36 cents to $3.15 after 3,435 units changed hands. Caribbean Flavours dropped 7 cents to end at $1.90 with the swapping of 475,469 stocks, Consolidated Bakeries climbed 10 cents to close at $1.09 in switching ownership of 365,585 shares, Dolphin Cove rallied 6 cents to close at $22.31, after 85,458 units crossed the exchange. Everything Fresh increased 5 cents to 99 cents, with 324 stocks crossing the market, Fosrich rose 46 cents to a 52 weeks’ high of $14.95 with an exchange of 119,385 stock units, Honey Bun shed 10 cents in closing at $9.50 after exchanging 28,435 shares. Indies Pharma advanced 5 cents to $3.15 after swapping 123,906 stock units, Jamaican Teas popped 20 cents to $4.19 in an exchange of 773,560 stocks, Jetcon Corporation fell 5 cents in closing at 88 cents trading 140,581 units. KLE Group increased 16 cents in ending at $2.96 after trading 200 stock units, Lasco Financial advanced 19 cents to close at $3.22 after 153,623 shares changed hands, Lasco Manufacturing popped 40 cents to end at $4.96, with 55,467 units crossing the market. Lumber Depot rallied 7 cents to close at $2.97 while exchanging 322,756 stocks, Paramount Trading gained 26 cents in closing at a 52 weeks’ high of $1.63 after exchanging 159,238 units, Spur Tree Spices rose 6 cents to $2.21 after exchanging 4,733,067 shares. SSL Venture climbed 43 cents to a 52 weeks’ high of $1.73 while exchanging 417,575 stock units and Stationery and Office Supplies rose 16 cents to $5.90, with 54,635 stocks crossing the market.

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

Another record close for Trinidad stocks

More records tumbled at the end of market activity on Monday and resulted in more stocks rising than falling at the close of trading of the Trinidad and Tobago Stock Exchange, after trading 65 percent more shares, valued 76 percent less than on Friday.
As was the case on Friday, 19 securities traded, with three rising, four declining and 12 remaining unchanged.
The Composite Index advanced 9.72 points to a record high of 1,540.09, the All T&T Index rose 10.87 points to close at another record of 2,155.96 and the Cross-Listed Index increased 1.19 points to settle at 123.49.
Overall, 516,896 shares traded for $4,004,944 compared to 312,597 units at $16,361,645 on Friday. An average of 27,205 units traded at $210,787 compared to 16,452 shares at $861,139 on the prior trading day, with the month to date averaging 44,500 units at $350,609 versus 45,699 units at $360,304. The average trade for December amounts to 21,703 units at $306,768.
Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and two stocks with lower offers.
At the close, Agostini’s finished at $46 after trading 518 shares, Angostura Holdings ended unchanged at $19.99, with 246 units clearing the market, Clico Investment Fund fell $1.49 to close at $28.51 in exchanging 24,630 stock units. Endeavour Holdings advanced 1 cent to $8 after exchanging 1,000 stocks, First Citizens Group remained at $66 in switching ownership of 355 shares, GraceKennedy lost 2 cents to close at $6.20 with the swapping of 51,513 stock units. Guardian Holdings dropped 23 cents in closing at $30.02 after exchanging 12,289 stocks, JMMB Group climbed 20 cents to $2.55 while 13,700 units changed hands, L.J. Williams B share ended unchanged at $1.84 with an exchange of 2,542 stocks. Massy Holdings finished at $106, with 5,897 units crossing the exchange, National Enterprises closed at $3.25 after 336,000 shares changed hands, National Flour Mills remained at $1.92 trading 2,428 stock units. NCB Financial Group ended unchanged at $8.01 in an exchange of 47,826 stock units, One Caribbean Media shed 10 cents to close at $4.10, with 100 stocks crossing the market, Prestige Holdings had an exchange of 12 shares at $7.05. Republic Financial Holdings ended unchanged at $143 in trading 312 units, Trinidad & Tobago NGL finished at $20, with 11,413 stocks changing hands, Unilever Caribbean rose 20 cents to end at $16, with 4,000 stock units crossing the exchange and West Indian Tobacco remained at $27.99, with 2,115 units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Juniors closing in on old 2019 record close

Trading closed on Friday, moved the Jamaica Stock Exchange Junior Market closer to the 3,600 points level ahead of the old record close of August 2019 of 3,662.94 points, with a rise of 16.13 points at the close of Friday to settle at 3,585.75 after trading up to 3,630 points in the early trading session.
Trading calmed, with Spur Tree slipping under 10 million units, but still played a big part in the 16,579,452 shares that traded for $57,855,045, down from 26,022,456 units at $87,517,746 on Thursday. Spur Tree Spices led trading with 8.57 million shares for 51.7 percent of total volume followed by Future Energy Source with 2.3 million units for 13.9 percent of the day’s trade and Jamaican Teas  traded 765,118 units for 4.6 percent market share.
A total of 40 securities traded compared to 43 on Thursday and ended with 15 rising, 19 declining and six, closing unchanged.
The PE Ratio, a measure used to compute appropriate stock values, averages 16. The PE ratio of each stock shown in the chart below is based on ICInsider.com earnings forecast for companies with financial years up to August 2022.
Trading averaged 414,486 shares at $1,446,376 in contrast to 605,173 shares at $2,035,296 on Thursday and month to date, an average of 332,829 units at $1,278,375, compared to 326,758 units at $1,265,884 on the prior trading day. December closed with an average of 409,209 units at $1,318,877.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and one stock with a lower offer.
At the close, Access Financial rallied $1.27 to end at $26.28 after exchanging 3,509 shares, CAC 2000 rose 77 cents to close at $8.27 after trading 100 units, Cargo Handlers shed 28 cents to $7.20 with the swapping of 47,124 stock units. Caribbean Assurance Brokers dropped 13 cents in closing at $2.90 in switching ownership of 471,657 stocks, Caribbean Cream advanced 25 cents to $5.40 while exchanging 100 shares, Consolidated Bakeries fell 11 cents to close at 99 cents 313,892 units crossing the exchange. Dolphin Cove gained $2.25 to end at $22.25 in trading 698,461 stocks, Express Catering lost 25 cents in closing at $5.10, with 478,008 stock units clearing the market, Fosrich popped $2.44 to a record $14.49 after 5,368 units changed hands. Future Energy Source increased 25 cents ending at $3.45 after trading 2,299,167 stock units, General Accident declined 30 cents to close at $6 in an exchange of 28,495 shares, Honey Bun climbed 15 cents to end at $9.60, with 1,539 stocks crossing the market. iCreate shed 9 cents after ending at 79 cents in exchanging 378,448 units, Iron Rock Insurance gained 10 cents to $3, with 2,287 stocks changing hands, ISP Finance rallied $3.30 in closing at $36.30 trading 34 shares. Jamaican Teas increased 10 cents to $3.99 with an exchange of 765,118 stock units, KLE Group fell 15 cents in ending at $2.80 after exchanging 17,063 stock units, Lasco Financial popped 7 cents in closing at $3.03 with 59,980 shares changing hands. Limners and Bards lost 7 cents to close at $3.42 with an exchange of 40,153 units, Lumber Depot declined 9 cents to end at $2.90 after an exchange of 435,151 stocks, Main Event dropped 40 cents in closing at $3.98, with 32,127 units clearing the market. Spur Tree Spices fell 13 cents to $2.15 in trading 8,566,940 shares, SSL Venture popped 40 cents in ending at a 52 weeks’ high of $1.30 after exchanging 187,244 stock units and tTech declined 20 cents to close at $4 with 6,760 stocks changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.