Junior Market stocks partially reversed the sharp decline they suffered on Friday by recovering more than half of the loss in the index on Monday and closed with advancing stocks beating out decliners.
At the close, the Junior Market Index climbed 23.92 points to 2,556.00. Trading ended with 31 securities changing hands with the prices of 13 stocks rising, 11 declining and seven closing unchanged.
The average PE Ratio of the Junior Market ended at 10 based on IC Insider.com’s forecasted 2020-21 earnings. The market closed with an exchange of 3,822,981 shares for $10,886,036 compared to 4,584,423 units at $12,466,749 on Friday.
The average trade for the day ended at 123,322 units at $351,162 in contrast to an average of 130,984 valued at $356,193 on Friday. An average 427,049 units traded for the month to date for $1,086,232, in contrast to 464,265 units at $1,176,300. The average for June was245,049 units at $689,955.
Mailpac Group led trading with 1.42 million shares for 37 percent of total volume, followed by Indies Pharma with 521,761 units for 13.6 percent of the day’s trade and General Accident with 415,000 units for 11 percent market share.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the Junior Market shows one stock ended with the bid higher than the last selling price and two with lower offers.
At the close of the market, Access Financial advanced $3.33 to settle at $25 after an exchange of 4,208 shares, AMG Packaging jumped 37 cents to end at $1.52 with investors swapping ten units, Caribbean Flavours jumped $1 to close at $11.50 trading 976 units. Caribbean Producers dropped 3 cents to end at $2.45 with an exchange of 410,802 units, Dolphin Cove lost 80 cents to end at $7 in trading 41,830 shares, Everything Fresh gained 7 cents to close at 74 cents with 35,000 shares changing hands. Fontana climbed 10 cents to end at $5.20 with an exchange of 115,618 units, General Accident rose by 20 cents to end at $7 with investors exchanging 415,000 shares, Honey Bun lost 1 cent to close at $5.49 in trading 17,345 units. iCreate gained 1 cent to settle at 55 cents with investors swapping 29,262 stock units, Indies Pharma shed 3 cents in ending at $2.75 and trading 521,761 stock units, ISP Finance fell 8 cents and closing at $15.90 after exchanging 100 shares. 
Jamaican Teas rose 29 cents to end at $4.99 trading 14,142 stock units, Jetcon Corporation declined by 4 cents in ending at $1.01 with 52,984 stock units crossing the exchange, KLE Group declined by 1 cent in closing at $1.79 with an exchange of 279 shares. Knutsford Express gained 12 cents to end at $6.62 in trading 8,420 stock units, Lasco Distributors shed 8 cents to close at $2.99 in exchanging 43,174 stock units, Lasco Manufacturing fell 14 cents ending at $3.56 with investors switching 21,945 units. Limners and Bards shed 15 cents to close at $2.45 with an exchange of 111,677 stock units, Lumber Depot ended rising 5 cents to $1.07 trading 208,644 units, Mailpac Group added 1 cent to settle at $2.04 in exchanging 1,415,547 stock units. Main Event dropped 8 cents to $3.99 with 37,832 stock units changing hands, Medical Disposables inched 1 cent higher to close at $6.41 with an exchange of 4,384 units and tTech jumped $1.10 to settle at $5.80 in trading 1,148 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
After entering IC Insider.com Main Market TOP 10 last week, NCB Financial Group is out of the top 10 and replaced by Victoria Mutual Investments. These two stocks are the only movement in and out of the TOP 10 for the week. There is no change to the Junior Market TOP 10. 
In the Main Market, the top three stocks are Berger Paints, followed by Radio Jamaica and JMMB Group, with expected gains of 195 to 208 percent.
Both the Junior and Main markets are currently trading well below this level. The JSE Main Market ended the week, with an overall PE of 15.2 and the Junior Market at just 10.6, based on IC Insider.com’s projected 2020-21 earnings. The PE ratio for the Junior Market Top 10 stocks averages a mere 5.5 at just 52 percent to the average of the overall Junior Market. The Main Market TOP 10 stocks trade at 8.4 or 55 percent of the PE of the overall market.
IC TOP 10 stocks are likely to deliver some of the best returns up to March 2021. The computation of projected gains is based on earnings and PE ratios for the current fiscal year for each stock. The ranking of stocks is in order of likely increases, with the highest-ranked, being the most attractive. The ranking of stocks is in order of likely increases, with the highest-ranked, being the most attractive. Expected values will change as stock prices fluctuate and will result in movements of the selection in and out of the lists for most weeks. Revisions to earnings per share are ongoing, based on receipt of new information.
The day ended, with the prices of seven stocks rising, 20 declining while eight remained firm. The average PE Ratio of the Junior Market ended at nine based on IC Insider.com’s forecasted 2020-21 earnings.
In contrast, the average trade for June was 245,049 units at $689,955 for each active security.
Knutsford Express dropped 30 cents to close at $6.50 with 102,248 units changing hands, Lasco Financial rose 1 cent to $2.51 with an exchange of 47,400 shares. Lasco Manufacturing increased by 9 cents to settle at $3.70 with 104,900 units traded, Limners and Bards gained 10 cents to end at $2.60 with investors transferring 73,015 shares, Lumber Depot fell 3 cents and traded 250,122 units to finish $1.02. Mailpac Group closed 5 cents higher at $2.03 with 170,630 stock units changing hands, Main Event declined 1 cent to $4.07 in the transfer of 769 units, Paramount Trading lost 14 cents to end at $1.80 with 30,600 shares crossing the exchange. SSL Venture slipped 1 cent to 89 cents and exchanging just one unit, Stationery and Office Supplies gained 10 cents to end at $5.80 with the transfer of 2,300 units and tTech lost 50 cents to close at $4.70 with 3,074 units changing hands.
At the close, investors exchanged 6,245,390 shares for $15,597,349 from 33 securities compared to 22,898,027 units at $49,652,613 from 34 securities on Wednesday.
The average trade for the day ended at 189,254 units at $472,647, in contrast to an average of 673,471 valued at $1,460,371 on Wednesday. The average volume and value for the month to date amounts to 517,773 units for $9,832,505, in contrast to 658,177 at $1,664,469 previously. In contrast, the average trade for June was 245,049 units at $689,955 for each security traded.
Honey Bun lost 8 cents to close at $5.50 in an exchange of 75,000 stock units, iCreate lost 1 cent to 54 cents trading 37,636 shares, Jamaican Teas lost 6 cents to close at $4.79 with 13,801 shares changing hands. Jetcon Corporation advanced 7 cents to end at $1.08 in the transferring of 128,201 units, Knutsford Express dropped $1.10 and exchanged 355,936 stock units to close at $6.80, Lasco Manufacturing shed 29 cents to end at $3.61 with 41,729 units crossing the exchange. Limners and Bards gained 3 cents to close at $2.50 with investors transferring 3,601 shares, Lumber Depot rose 3 cents to settle at $1.05 with investors trading 798,698 stock units, Mailpac Group exchanged 2,800,768 units to finish at $1.98 after rising 2 cents. Medical Disposables dropped 60 cents to close at $6.40 with the trading of 10,000 units and Stationery and Office Supplies dived 28 cents to end at $5.70 with 33,291 shares crossing the exchange.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the Junior Market shows two stocks ended with bids higher than their last selling prices and two with lower offers.
Honey Bun rose 3 cents to settle at $5.58 with the trading of 61,790 units, Indies Pharma gained 1 cent as investors transferred 341,207 shares to finish at $2.95. Jamaican Teas declined by 5 cents to end at $4.85 with trading in 4,500 shares, Jetcon Corporation closed 2 cents higher at $1.01 with an exchange of 60,500 shares, Limners and Bards lost 13 cents to finish at $2.47 with 125,851 shares changing hands. Lumber Depot fell 5 cents and traded 309,800 shares to close at $1.02, Mailpac Group exchanged 19,259,357 units and gained 8 cents to settle at $1.96, Medical Disposables jumped 25 cents to close at $7 with 16,482 stock units changing hands. Paramount Trading lost 6 cents to finish at $1.94, with investors transferring 705 stock units and SSL Venture gained 12 cents to settle at 90 cents with 452 shares crossing the exchange.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the Junior Market shows two stocks ending with bids higher than their last selling prices and two with lower offers.
Indies Pharma jumped 57cents and ended at $3, exchanging 2,416,374 units, ISP Finance climbed $1 to $13, after transferring 2,149 shares, Jamaican Teas lost 6 cents to settle at $4.90, having traded 70,250 stock units. Lasco Distributors closed 7 cents lower at $3, with an exchange of 122,125 shares, Lasco Financial slipped 2 cents to $2.55 with 250,343 units changing hands, Lasco Manufacturing lost 10 cents to close at $3.80 trading 7,789 shares. Lumber Depot slipped 4 cents in closing at $1.07 with investors transferring 159,328 shares, MailPac Group lost 2 cents to finish trading 1,101,551 units at $2.17. Medical Disposables rose 70 cents to close at $7 trading 10,000 shares and Stationery and Office Supplies dipped 2 cents to end at $5.98 after exchanging 3,626 stock units.
Caribbean Cream declined by 25 cents to settle at $2.45 with an exchange of 867,135 stock units, Derrimon Trading jumped 10 cents to end at $2.52 in trading 420,673 stock units. Dolphin Cove declined by 28 cents to close at $8 in trading 1,082 units, Elite Diagnostic gained 2 cents to end at $3.93 with 7,848 shares changing hands, Everything Fresh shed 6 cents to end at 74 cents with an exchange of 13,001 stock units. Express Catering dropped 5 cents to close at $4.30 in trading 13,725 units, Fosrich dived 51 cents to settle at $3.51 with an exchange of 6,034 stock units, General Accident added 5 cents to close at $6.20 with 280,144 stock units crossing the market. 
Honey Bun dropped by 32 cents to settle at $5.40 after exchanging 28,621 units, Indies Pharma lost 15 cents to end at $2.48 after trading 886 units, Jamaican Teas gained 21 cents to close at $4.99 with an exchange of 374,322 stock units. Lasco Manufacturing gained 46 cents to end at $3.96 trading 114,039 stock units, Limners and Bards climbed 21 cents to settle at $2.77 in with 84,525 stock units changing hands, Lumber Depot shed 1 cent to end at $1.12 in trading 5,122 stock units and Mailpac Group declined by 1 cent to $1.98 with 108,228 shares changing hands.
At the close of the market, Access Financial jumped $5.49 to $27 with 56,075 shares trading, AMG Packaging gained 3 cents to close at $1.68 after exchanging 7,720 shares, Blue Power advanced 16 cents to settle at $3.86 in trading 2,918 units. Cargo Handlers dropped 60 cents to $6.40 with 1,400 shares changing hands, Caribbean Assurance Brokers rose 5 cents and transferred 6,549 stock units to finish at $2.20, Caribbean Flavours jumped $2.22 to end at $13.72 with an exchange of 22,218 shares. Caribbean Producers slipped 3 cents to $2.37 with 152,585 units changing hands, Consolidated Bakeries closed 9 cents higher at $1.60, trading 30,100 units, Derrimon Trading climbed 24 cents and exchanged 35,826 shares to finish at $2.42. Dolphin Cove dropped 2 cents to $8.28 with 1,460 stock units passing through the market, Fontana decreased 6 cents to settle at $5.39 with 46,002 units changing hands, Fosrich climbed 56 cents to end at $4.02 in the transfer of 117,363 shares. Honey Bun gained 8 cents and traded 43,409 stock units to settle at $5.72, 
Indies Pharma carved out a 15 cents gain to end at $2.63 with an exchange of 508,368 units, Jamaican Teas dropped 11 cents to close at $4.78 with investors transferring 3,642 stock units. Jetcon Corporation exchanged 1,236,791 units and fell 2 cents to settle at $1.08, Knutsford Express rose 20 cents to end at $8.90 with 11,637 stock units changing hands, Lasco Distributors shed 6 cents in the exchange of 675,284 shares to finish at $3. Lasco Manufacturing declined 45 cents to end at $3.50in the transfer of 87,821 stock units, Limners and Bards lost 24 cents to close at $2.56 trading 139,400 units, Lumber Depot advanced 13 cents and traded 133,144 stock units to settle at $1.13. Mailpac Group closed 1 cent higher at $1.99 exchanging 786,681 units, Main Event jumped 48 cents to settle at $4.48 in trading 977 shares, Medical Disposables shed 70 cents and with 300,200 shares changing hands to finish at $6.30 and Stationery and Office Supplies added 30 cents to end at $6.29 with 200 shares crossing the exchange.
Market activity and resulted in 33 securities changing hands, up from 31 on Friday, with investors pushing the prices of 13 stocks up and 14 down, leaving prices of six unchanged. The average PE Ratio of the Junior Market ended at 9.9 based on IC Insider.com’s forecast of 2020-21 earnings.
At the close of the market, AMG Packaging advanced by 4 cents to end at $1.65 in trading 900 units, Blue Power gained 3 cents to end at $3.70 after investors swapped 49,900 stock units, Caribbean Assurance Brokers declined by 5 cents to settle at $2.15 with an exchange of 26,721 shares. Caribbean Cream rose 23 cents to end at $2.70 with a trade of 400 units, Caribbean Flavours shed 20 cents to settle at $11.50 in exchanging 252,280 shares, Caribbean Producers gained 6 cents while closing at $2.40 trading 43,305 stock units. Consolidated Bakeries dropped 19 cents to $1.51 swapping 35,470 shares, Elite Diagnostic eased by 9 cents to settle at $3.91 in trading 20,300 units, Everything Fresh shed 1 cent to close at 80 cents with an exchange of 29,500 shares. Express Catering dropped 60 cents to $4.35 with investors swapping 77,204 stock units, Fontana declined by 4 cents to end at $5.45 with 1,213,293 units changing hands, Fosrich shed 54 cents to end at $3.46 with an exchange of 36,979 shares. General Accident gained 15 cents to $6.15 after exchanging 117,000 units, Honey Bun inched 1 cent higher to end at $5.64 with an exchange of 1,052 stock units, Indies Pharma declined 2 cents to end at $2.48 with 450,753 shares crossing the exchange. ISP Finance declined by $1 to close at $12 in trading 2,300 stock units, Jamaican Teas added 18 cents to close at $4.89 after investors swapped 69,509 units, Jetcon Corporation surged 8 cents to end at $1.10 in trading 7,929 shares.
Knutsford Express advanced 70 cents to end at $8.70 with an exchange of 784 stock units, Lasco Distributors gained 1 cent to $3.06 with a transfer of 88,405 shares, Limners and Bards gained 40 cents to close at $2.80 with 126,818 shares changing hands. Lumber Depot lost 12 cents to settle at $1 with investors swapping 10,120,000 stock units, Mailpac Group added 1 cent to close at $1.98 after trading 516,217 units, Main Event dropped 48 cents in closing at $4 with 81,745 shares passing through the market. Medical Disposables advanced 26 cents in closing at $7 with an exchange of 14,000 stock units, SSL Venture shed 7 cents in ending at 78 cents and trading 1,088 shares and Stationery and Office Supplies declined 21 cents to $5.99 with 4,100 stock units changing hands.
The day’s activities ended, with 31 securities changing hands, down from 32 on Thursday and ended with the prices of seven stocks rising, 13 declining and 11 closing unchanged. The average PE ratio of the Junior Market ended at ten based on IC Insider.com’s projected earnings for 2020-21.
Jetcon Corporation dropped 2 cents to close at $1.02 with an exchange of 406,110 shares. Knutsford Express fell 70 cents to close at $8 with an exchange of 39,200 stock units, Lasco Distributors rose 5 cents to $3.05 with an exchange of 352,503 shares, Lasco Manufacturing decreased by 5 cents to settle at $3.95 in trading 4,216 stock units. Limners and Bards shed 30 cents to end at $2.40 after exchanging 506,191 shares, Mailpac Group added 8 cents to settle at $1.97 with 2,553,025 stock units changing hands, Medical Disposables shed 1 cent to close at $6.74 after swapped 3,911 units and tTech gained 1 cent in ending at $4.70 with an exchange of 59,766 shares.