Jamaican Teas dominated trading with 8,038,082 stocks with the price rising 19 cents to $3.25, helping the Junior Market break the three-day losing streak, with the index gaining 11.07 points to close at 2,904.54 on Wednesday after trading 58 percent more shares, with a 184 percent increase in the value compared to Tuesday.
In the end, 33 securities traded, up from 31 on Tuesday, with prices of 13 rising, nine declining and 11 remaining unchanged.
The average PE Ratio ended at 16.5 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with 13,020,776 shares trading for $40,054,022, up from 8,262,259 units at $21,754,655 on Tuesday.
Jamaican Teas led with 61.7 percent of total volume after exchanging 8.04 million shares, followed by Mailpac Group with 26.3 percent for 3.42 million units and Tropical Battery with 2.3 percent after a transfer of 305,026 units.
Trading averaged 394,569 units at $1,213,758 versus 266,524 shares at $701,763 on Tuesday. 
Trading month to date averaged 243,736 units at $691,556, up from 232,106 units at $651,293 on Tuesday. February averaged 365,365 units at $881,118.
Investor’s Choice bid-offer indicator reading shows five stocks ended with bids higher than their last selling prices and none with lower offers.
At the close, AMG Packaging rose 6 cents to $1.90 with 103,472 shares changing hands, Caribbean Assurance Brokers shed 25 cents to finish at $2.06 with an exchange of 202,479 stocks, Caribbean Flavours dropped 22 cents to $2.20 with a transfer of 9,825 units. Caribbean Producers declined by 8 cents to $3.10 with 10,931 shares traded, Consolidated Bakeries fell 18 cents to $1.45 with 5,025 stocks passing through the market, Dolphin Cove climbed $1.14 to $9.15 with 430 units changing hands. Elite Diagnostic rose 9 cents to $2.99 with 151 shares changing hands, Everything Fresh fell 6 cents to 85 cents in the transfer of 16,280 stocks, Express Catering rose 13 cents to $3.75 with 5,121 units traded. Fontana rose 7 cents to $5.97 with 107,302 shares passing through the market, Fosrich climbed 20 cents to $5.45 with 24,370 stocks changing hands, GWest Corporation dropped 12 cents to 83 cents with an exchange of 53,264 units.
Indies Pharma lost 8 cents to close at $3.32 with a transfer of 8,819 shares, Jetcon Corporation rose 6 cents to 78 cents with 6,881 stock units passing through the market. Lasco Manufacturing gained 10 cents to end at $4.40 with 51,179 shares changing hands, Limners and Bards added 5 cents to end at $2.55 with a transfer of 73,168 stock units and Main Event fell 25 cents to $3.15 with 4,496 units crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading ended with 31 securities changing hands, down from 37 on Monday and closed with 14 stocks rising, 10 declining and seven remaining unchanged. The average PE Ratio ended at 16.5 based on ICInsider.com’s forecast of 2020-21 earnings.
At the close, Access Financial dropped $1.16 to $19.84, with the swapping of 2,821 shares, Blue Power lost 27 cents to close at $3.82, after exchanging 2,139 stocks, Caribbean Assurance Brokers rose 43 cents to $2.31 with 94,785 units crossing the market. Caribbean Cream picked up 5 cents to end at $4.90 trading 290 shares, Caribbean Producers gained 15 cents to finish at $3.18 in transferring 99,874 stock units. Consolidated Bakeries rose 13 cents to $1.63 with 3,637 units changing hands, Fontana ended 9 cents higher at $5.90 trading 204,475 stock units, Fosrich advanced 13 cents to $5.25 in an exchange of 17,786 shares. General Accident fell 15 cents to $5.70 in swapping 9,303 stock units, GWest Corporation gained 12 cents to 95 cents with a transfer of 51,347 shares, Honey Bun picked up 9 cents to close at $5.09 after exchanging 5,396 units. Indies Pharma rose 24 cents to $3.40 trading 85,057 stock units, Lasco Distributors fell 2 cents to $3.83 in exchanging 82,088 stocks, Lasco Manufacturing shed 25 cents to $4.30 after transferring 26,065 units. 
Mailpac Group fell 4 cents to $3.34 in trading 1,259,240 shares, Main Event lost 7 cents ending at $3.40 with 8,004 shares crossing the market and Paramount Trading rose 12 cents to $1.43 with an exchange of 20,123 units.
Trading ended with 12 stocks rising, 17 declining and eight remaining unchanged. The average PE Ratio ended at 16.3 based on ICInsider.com’s forecast of 2020-21 earnings.
Investor’s Choice bid-offer indicator reading shows nine stocks ending with bids higher than their last selling prices and three with lower offers.
Lasco Financial slipped 5 cents to $2.64 after transferring 950 stock units, Lasco Manufacturing gained 15 cents to close at $4.55, with 8,900 units changing hands. Lumber Depot shed 10 cents to $2.50 with investors switching ownership of 422,039 shares, Stationery and Office Supplies dropped 98 cents to $4.61, trading 5,357 stock units and tTech lost 5 cents to end at $4.70 after exchanging 809 shares.
Elsewhere, the 2021 TOP 15 listed Carreras that migrated from the 2021 ICTOP10 in February hit a new 52 weeks’ high during the week to sit at $10 for a rise of 45 percent for the year to date. The price could climb further, helped by improving profit and a high dividend yield. Future Energy Source (Fesco) hangs onto the Junior Market TOP10 list at the tenth position, with the prospectus still to be released to the public.
The Junior Market TOP10 contains companies that suffered a sharp reversal of revenues and profit in 2020, with recovery projected for them in 2021. Green shoots are showing for some, with sales picking up in recent quarters with improving bottom-line. Some of these companies may require another quarter or two of improving fortunes before there is meaningful buying into them. The Main Market has a number in the list that has put out record profits or shows strong earnings in 2021, with the stocks clearly undervalued. These include JMMB Group, Jamaica Broilers, Sygnus Credit Investments and Grace Kennedy that are currently in the TOP10 Main Market listing and Caribbean Cement that is just outside.
The top three stocks in the Junior Market with the potential to gain between 292 to 312 percent are Elite Diagnostic, followed by Caribbean Producers and Caribbean Cream. With expected gains of 190 to 441 percent, the top three Main Market stocks are Radio Jamaica, followed by VM Investments and PanJam Investment.
The Main Market TOP 10 stocks trade at a PE of 7.5 or 50 percent of that market’s PE.
Trading ended with 31 active securities, down from 36 on Thursday and closed with eight rising prices, 13 declining and 10 remaining unchanged.
Trading averaged 145,255 units at $366,311, from 153,162 at $547,055 on Thursday. The month to date averaged 227,879 units at $644,664, compared to 235,664 units at $670,892 on Thursday. February closed with an average of 365,365 units at $881,118.
Honey Bun gained 6 cents to end at $5.12 in trading 27,055 stock units, Lasco Distributors gained 15 cents to close at $3.85 in an exchange of 110,217 units, Paramount Trading lost 15 cents in closing at $1.30 with 17,360 stock units clearing the market. SSL Venture lost 4 cents to close at 60 cents, with 54,312 stock units crossing the market and Stationery and Office Supplies advanced 99 cents to $5.59, trading 7,851 shares.
A total of 36 securities traded against 35 on Wednesday and ended with 20 rising, eight declining and eight remaining unchanged. The average PE Ratio ended at 16.7 based on ICInsider.com’s forecast of 2020-21 earnings.
Investor’s Choice bid-offer indicator shows three stock ended with bids higher than their last selling price and four with lower offers.
Lasco Distributors slipped 5 cents to $3.70 with 43,656 units passing through the market, Lasco Financial rose 6 cents to $2.69 with 51,951 shares traded, Lasco Manufacturing climbed 17 cents to $4.40 with a transfer of 2,020,846 stock units. Lumber Depot advanced 13 cents to $2.61 with 999,321 units changing hands, Paramount Trading rose 14 cents to $1.45 with 1,000 stock units traded and Stationery and Office Supplies gained 5 cents to close at $4.60 with 7,899 shares crossing the exchange.
At the close, AMG Packaging dropped 15 cents to $1.75 with 6,125 shares traded, Blue Power fell 10 cents to $4 after trading 12,465 stock units, CAC 2000 shed $1.80 to $8.10 with 1,330 units changing hands. Caribbean Assurance Brokers declined 33 cents to $1.87 with an exchange of 1,933 shares, Caribbean Cream dipped 8 cents to $4.80 with 55,585 stocks crossing the market, Caribbean Flavours slid 6 cents to $2.40 with 318,913 units traded. Caribbean Producers fell 18 cents to $3.05 trading 7,113 stock units, Elite Diagnostic lost 7 cents to end at $2.91 with 16,417 shares changing hands, Fontana rose 5 cents to $5.80 with 65,977 stocks trading. Fosrich declined 15 cents to close at $5.15 with 20,623 units passing through the market, General Accident slipped 5 cents to $5.90 with 156 stock units traded, GWest Corporation rose 10 cents to 97 cents with a transfer of 49,090 units. iCreate rose 6 cents to 85 cents with a transfer of 33,000 shares, Indies Pharma dropped 30 cents to $3 with a transfer of 1,752,216 units, Iron Rock Insurance shed 30 cents to close at $3 with 22,555 stock units changing hands. Jamaican Teas fell 19 cents to $3.09, trading 560,155 shares, Lasco Manufacturing advanced 17 cents to $4.57 with 127,545 stock units passing through the market, Lumber Depot declined 5 by cents to $2.48 with 327,170 units traded. 
Medical Disposables climbed 61 cents to $4.74 with a transfer of 8,800 shares, Paramount Trading fell 14 cents to $1.31 with 58,400 stocks switching hands, SSL Venture gained 8 cents to close at 64 cents with investors switching ownership of 48,857 units and Stationery and Office Supplies shed $1.04 to finish at $4.55 with 61,323 shares crossing the exchange.
Trading closed with 39 active securities up from 37 on Monday with prices of 21 stocks rising, nine declining and nine remaining unchanged.
Investor’s Choice bid-offer indicator reading shows one stock ending with the bid higher than the last selling price and three with lower offers.
Lasco Manufacturing rose 5 cents to $4.40 in an exchange of 38,079 shares, Limners and Bards lost 10 cents in ending at $2.50 with the swapping of 365,960 units, Lumber Depot shed 17 cents to close at $2.53 in a switch of ownership of 1,715,865 stock units. Main Event rose 13 cents to $3.48 trading 1,000 units, Medical Disposables shed 36 cents to end at $4.13 with the swapping of 20,000 stock units. Paramount Trading gained 13 cents in closing at $1.45 in trading 52,175 shares, Stationery and Office Supplies advanced 97 cents to $5.59 with an exchange of 22,030 stock units and tTech rose 33 cents to end at $4.75 with 1,500 shares changing hands.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and one with a lower offer.
Mailpac Group lost 5 cents to end at $3.45 in trading 283,696 stock units, Main Event finished 5 cents lower at $3.35 trading 1,116 shares. Medical Disposables rose 19 cents to $4.49 with 15,796 stocks changing hands, Paramount Trading fell 18 cents $1.32, with an exchange of 25,000 units, SSL Venture declined 8 cents to 56 cents in transferring 56,320 stock units and Stationery and Office Supplies rose 9 cents to $4.62, with 1,299,342 shares clearing the market.
The Main Market has a number in the list that have put out record profits or show signs of strong earnings with the stocks clearly undervalued; these include, JMMB Group, Jamaica Broilers, Sygnus Credit Investments, Grace Kennedy are currently in the TOP10 Main Market listing and Caribbean Cement that is just outside.
With expected gains of 165 to 456 percent, the top three Main Market stocks are Radio Jamaica, followed by VM Investments and PanJam Investment. 
The average projected gain for the Junior Market IC TOP 10 stocks is 274 percent and 181 percent for the JSE Main Market, based on 2021-22 earnings. IC TOP10 stocks are likely to deliver the best returns up to March 2022 and ranked in order of potential gains, based on likely gain for each company, taking into account the earnings and PE ratios for the current fiscal year. Expected values will change as stock prices fluctuate and result in movements in and out of the lists weekly. Revisions to earnings per share are ongoing, based on receipt of new information.