The Junior Market recovered nearly 45 of 77 points fall suffered at the close on Monday, with investors pushing the prices of 15 securities higher against eight that declined, leaving 12 stocks trading unchanged.
The Junior Market Index gained 44.93 points to close at 3,348.97, just holding on to a moderate 3.1 percent gain for the year, well off the 18.8 percent rise in 2018. Trading ended with the average PE of the market falling to 14.4.
Market activity ended with 35 securities trading, resulting in 3,973,357 units valued at $16,004,427 compared to 23,350,277 units changing hands, valued at $88,019,533 from 29 securities on Monday.
Trading ended with an average of 113,524 units for an average of $457,269 for each stock traded, in contrast to 805,182 units at $3,035,156 on Monday. The average volume and value for the month to date amounts to 521,319 shares at $1,344,719 compared to an average of 546,686 shares at $1,400,086 for each security traded. November closed with an average of 120,579 shares at $506,880 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investors Choice bid-offer indicator reading shows six stocks ending with bids higher than their last selling prices and two with lower offers.
By the close of trading, activity picked sharply for Access Financial, with 117,884 stock units changing hands with the price rising by 44 to end at $36. AMG Packaging added 4 cents to settle at $2.09 with 11,682 shares changing hands, Blue Power traded 14,000 units and lost 50 cents to close at $4.50, Cargo Handlers ended at a 52 weeks’ low of $8.95 with a fall of 55 cents while exchanging 7,161 shares. Caribbean Cream lost 20 cents to finish at a 52 weeks’ low of $3.60, trading 23,160 stock units. Caribbean Producers rose 42 cents to end at $5.30 with 34,704 stock units crossing the exchange, Dolphin Cove increased 11 cents to settle at $11.11 with 4,100 shares changing hands, Everything Fresh added 12 cents to end at $1.22 in trading 297,735 stock units. Express Catering rose 6 cents to close at $6.66, with an exchange of 6,820 stock units, Fontana added 70 cents to end at $7.30, trading 117,826 shares. 
FosRich swapped 55,290 stock units and rose 2 cents to close at $4.32, GWest Corporation fell 1 cent to end at $1, with 14,464 units crossing the market, Honey Bun jumped $1.90 to settle at $7.90, after trading 21,220 shares. Iron Rock Insurance gained 7 cents to close at $3.52 with 31,434 shares changing hands, Indies Pharma gained 30 cents and closed at $3.50 with 361,999 stock units crossing the exchange. Jamaican Teas exchanged 30,265 shares and rose 20 cents to end at $6.30, Jetcon Corporation lost 15 cents trading 55,060 shares to end at $1.65, Lasco Financial gained 9 cents to end at $4.49, with 387,091 stock units changing hands Lasco Manufacturing jumped 54 cents to settle at $4.69 with 8,731 shares changing hands, Lumber Depot lost 7 cents to end at $1.61 with a transfer of 1,212,706 stock units. MailPac slipped 1 cent trading 281,140 shares to settle at $2.11, Medical Disposables lost 10 cents to end at $6.80 with 92,777 stock units trading and Paramount Trading rose 10 cents to end at $2.10, in transferring 104,000 shares and tTech climbed $1.02 to close at $6.52 with 46,414 shares trading.
Prices of securities trading for the day are those at which the last trade took place.
IC bid-offer Indicator| At the end of trading, the Investors Choice bid-offer indicator reading shows six stocks ending with bids higher than their last selling prices and four with lower offers.
Indies Pharma gained 29 cents and closed at $3.20 with 22,227 stock units crossing the exchange, Jamaican Teas transferred 315,700 shares and lost 10 cents to end at $6.10, Lasco Distributors traded 14,000 stock units after falling 29 cents to end at $3.21, Lasco Manufacturing dived 85 cents to settle at $4.15 with 49,928 shares changing hands, Limners and Bards rose 10 cents to end at $3 with 23,000 stock units crossing the exchange. Lumber Depot lost 7 cents to end at $1.68 with a transfer of 2,090,343 stock units, MailPac gained 4 cents in trading 1,725,404 shares to settle at $2.12 changing hands, Main Event dropped 35 cents to settle at $6.15 with 94,667 shares crossing the exchange. Medical Disposables lost 10 cents to end at $6.90 with 2,000 stock units trading and Paramount Trading slipped 5 cents to end at $2 in transferring 2,500 shares.
With the final days of 2019 draws to a close, investors looking back must ponder how the JSE Main Market stocks outperformed the Junior Stocks by a considerable margin, by growth in the market indices and the number of shares with triple-digit gains.
Still, they were replaced this week, by Honey Bun and tTech, in at number 9 and 10 positions, respectively. There were no changes to the TOP 10 listing for Main Market stocks.
Forecasted earnings and PE ratio for the current fiscal year are in determining potential gains. Possible gains for each stock are ranked in descending order, 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. Earnings per share are revised on an ongoing basis as new information is received that can result in changes in and out of the list.
The Junior Market Index surged 69.58 points to close at 3,381.05, after 32 securities traded and ending with the prices of 20 stocks gaining, nine declining and three remaining unchanged, leaving the average PE of the market at 14.4.
Lasco Financial rose 40 cents to end at $4.40, trading 10,600 stock units, Lasco Manufacturing rose 25 cents to settle at $5 with 41,544 shares changing hands, Limners and Bards lost 10 cents to end at $2.90 with 75,820 stock units crossing the exchange. Lumber Depot lost 8 cents to end at $1.75, transferring 1,704,385 stock units, MailPac traded 882,679 shares to settle at $2.08 changing hands after falling 22 cents, Main Event climbed 35 to settle at $6.50 with 9,000 shares changing hands. Medical Disposables lost 40 cents to end at $7 with 35,328 stock units trading, Paramount Trading gained 5 cents to end at $2.05, in transferring 13,706 shares and SSL Venture Capital rose 2 cents to end at $1.13 with 121,562 stock units changing hands.
The Junior Market Index declined again at the close of trading on Monday, bringing the four days’ fall to 139 points, cutting the year to date gains for the market at a mere 0.8 percent after hitting a record on August 14 when it was up 12.8 percent to 3,662.94 points.
Lasco Financial traded 26,465 stock units and gained 35 cents in closing at $4.35, Lasco Manufacturing exchanged 7,935 shares and fell 15 cents to close at $4.75, Lumber Depot lost a cent to close at $1.90 with 1,392,924 units crossing the exchange, MailPac rose 7 cents to settle at $2.20 while exchanging 589,347 shares. Main Event traded 2,455 units but fell 5 cents to $6.15, Paramount Trading climbed 24 cents to close at $1.80 with 4,817 shares crossing the market, SSL Venture Capital rose 1 cent in exchanging 10,000 stock units at $1.11. Stationery & Office Supplies lost 49 cents with 32,356 units changing hands at $10.50 and tTech traded just six shares but rose 45 cents to end at $5.95.
The JSE Main Market TOP 10 had just stock leaving with 
Radio Jamaica still holds on to the lead for Main Market stocks, with an expected increase of 236 percent, followed by Pulse Investments in the number two spot with projected growth of 205 percent and Sygnus US dollar-denominated stock with likely gains of 186 percent, is next.
The Junior Market index closed on Wednesday with 37.35 points fall to close at 3,343.59 and bringing the two days decline to 69 points after 15 stocks rose and 13 declined and five remaining unchanged, leaving the average PE at 14.3.
Jamaican Teas added 20 cents with 31,746 units changing hands at $6.20. Knutsford Express exchanged 3,420 with a gain of 71 cents to end at $11, Lasco Distributors rose 2 cents with 63,690 shares crossing the exchange at $3.22, Lasco Financial traded 39,866 stock units and lost 1 cent to close at $4.49. Lasco Manufacturing exchanged 3,443 shares and rose 21 cents to close at $5.04, 
The Junior Market had another listing as Lumber Depot made its debut on the market on Friday, bring the number of companies listed to 41 and total listings to 44. 
The average volume and value for the month to date amounts to 384,302 shares at $864,417 compared to an average of 255,401 shares at $585,144 for each security traded. In contrast, November closed with an average of 120,579 shares at $506,880 for each security switching owners.
Jamaican Teas lost 6 cents with 14,118 units changing hands at $6, Knutsford Express dropped back 91 cents with just 1,500 shares crossing the exchange at $10.29, Lasco Manufacturing exchanged 138,726 shares to close at $5.25 after rising 15 cents, Limners and Bards rose 13 cents trading 29,990 units at $2.98. Lumber Depot rose 39 cents 
The Junior Market index inched 1.16 points higher to close at 3,397.08 on Tuesday after dropping sharply by 66.99 points on Monday, with declining stocks exceeding rising ones.
Indies Pharma declined 3 cents in trading of 18,976 units at $3.02, Jetcon Corporation ended market activity exchanging 59,702 shares to close at $1.80 after falling 13 cents. Knutsford Express climbed 50 cents and traded 8,800 shares at $11.50, Lasco Distributors declined 26 cents in trading of 52,105 units at $3.30, Lasco Financial exchanged 1,000 units and put on 20 cents to end at $4.60, Limners and Bards dipped 2 cents in trading of 31,662 units at $2.83. MailPac pulled back 3 cents to end at $1.95 with 10,264,726 shares changing hands, Medical Disposables declined by 40 cents to settle at $7.10 with an exchange of 156,000 units, SSL Venture exchanged 25,000 shares to close at $1.20 after falling 20 cents and tTech ended trading of a mere 77 shares, after rising 5 cents to $5.40.
Lasco Financial gained just 1 cent to close at $4.42 with 17,200 shares changing hands, Limners and Bards lost 2 cents with 32,050 shares changing hands at $2.80. Recently listed, MailPac traded 3,596,138 shares with the price jumped 85 cents to close at a new high of $2.17. The stock has more than doubled the IPO price of $1; it went to the market in November. Medical Disposables traded 2,536 shares after rising 51 cents to close at $8, SSL Venture Capital, to be renamed Boost Venture traded 70,850 shares but fell 35 cents close at a 52 weeks’ low of $1.15 and Stationery and Office Supplies rose 50 cents in trading 96 units at $11.50.