The Jamaica Stock Exchange saw new record highs for the main and Junior Market, with attention moving decisively in favour of the latter that lagged the main market for the greater part of the year.
Prices of Consolidated Bakeries and Caribbean Flavours rose, pushing them out of the Junior Market Top 10. They were replaced, by Caribbean Cream that closed the week, with the price down at $4.25 and Everything Fresh.
In the Main Market TOP 10, Victoria Mutual Investments jumped to a record high of $9, after the company reported 9 cents in earnings per share for the June quarter and 17 cents for the half-year, just below IC Insider.com forecast of 50 cents for the full year. The stock closed at a record high of $8.20 and exited the TOP 10. Pulse Investments climbed to close the week at $3.26 and fell from the top list. 
Earnings for Sterling Investments were revised downwards to 23 cents per share, resulting in it leaving the TOP 10. New entrants are Grace Kennedy, Proven Investments and Scotia Group.
In the past week, the main market continued its record-breaking run, closing the week at an all-time high on its way to over 800,000 points for the All Jamaica Index as momentum continues to move the market away from long-term resistance at 520,000 points. The Junior Market rose during the week and recovered all of the 2019 losses and surpassing the previous all-time high of 3,436 points in September last year. Technical indicators point to the record be taken out soon and could happen this week with more results due. The market closed over 3,500 points for the first time in the past week.
The three most attractive Junior Market stocks are Caribbean Producers with projected gains of 233 percent, followed by Iron Rock with projected gains of 196 percent and tTech with possible gains of 167 percent.
Berger Paints heads the main market with potential gains of 122 percent followed by Radio Jamaica with 122 percent and Palace Amusement in third spot and likely to gain 92 percent by March next year.
The main market closed the week with the overall PE at 16.4 and the Junior Market moved up from 11.4 last week to 12.3 as the market shifts from consolidation in the first half of the year to be bullish now. The PE ratio for Junior Market Top 10 stocks averages 8.3 versus 7.6 last week and the main market PE is now 10 4 compared to 9 at the start of last week. These levels, point to big gains for TOP 10 stocks over the next 12 months and Junior Market stocks in particular as they lag, the values of the main market by a third.
The TOP 10 stocks now trade at an average discount of 33 percent to the average for the Junior Market Top stocks and main market stocks trade at a discount of 37 percent to the overall market.
TOP 10 stocks are likely to deliver the best returns within a 12 months period. Projected earnings, for each company’s current fiscal year, are used in determining, the selected stocks. The PE for and projected earnings for each stock are computed to show potential gains for the year, which are ranked in descending order. Potential 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.
This report is compiled by persons who may have an interest in the securities commented on.
Jetcon Corporation climbed 23 cents to settle at $1.93 with 103,043 shares trading, Knutsford Express shed 50 cents to end at $12 with an exchange of 2,643 stock units, Key Insurance dropped 65 cents to settle at $3.25 with 200 shares changing hands, Limners and Bards gained 60 cents to end at record close of $3.75 with 3,292,680 stock units trading. Lasco Distributors added 7 cents to end at $3.40, trading 48,900 stock units. Lasco Financial rose 35 cents to $5.50, in trading 83,035 shares, Lasco Manufacturing inched 5 cents higher to settle at $4.25 with 306,360 shares changing hands, Main Event climbed 95 cents to end at $7.95, trading 50,790 shares, Medical Disposables gained 50 cents to end at $8 with 18,200 stock units trading. Paramount Trading fell 2 cents to $2.38, trading 102,000 shares, Iron Rock Insurance rose 5 cents to settle at $4.05 with 23,679 shares changing hands, Stationery and Office Supplies fell 45 cents to end at $12.20, in trading 17,920 shares and tTech closed at $6, trading 145,900 shares.
and Stationery and Office Supplies closed at a record high of $12.65.
Stocks ending with price changes| AMG Packaging lost 8 cents in trading 89,430 shares to close at $2.27, Blue Power declined $1.20 in trading of 57,206 units to close at $13, Caribbean Cream exchanged 161 stock units and rose 29 cents higher to $5.29, Caribbean Flavours climbed 4 cents exchanging 1,778 shares at $16.10. Cargo Handlers lost 95 cents in trading of 200 units at $10, Caribbean Producers closed 1 cent higher at $4.80, with 52,587 stock units trading, Caribbean Producers ended trading with 52,587 shares, after rising 1 cent to end at $4.80, Consolidated Bakeries ended trading with 42,456 shares, after rising 11 cents to end at $2.20. Dolphin Cove ended trading with 1,200 shares, after rising 5 cents to close at $12.05, Express Catering climbed 25 cents and exchanged 242,715 shares to close at $6.50. Everything Fresh ended trading of 44,175 shares, after rising 11 cents to end at $1.31, Elite Diagnostic closed 5 cents higher at $5.70, with 252,600 stock units trading. Fosrich Group dipped 26 cents in trading of 32,841 units to end at $4.70, Fontana closed trading of 335,330 units and gained 25 cents to end at $8.75, GWest Corporation ended with a loss of 1 cent at $1.54 with 38,657 stock units changing hands, Indies Pharma lost 10 cents in trading of 69,350 units at $3.10. Jamaican Teas closed trading of 49,450 units and gained 65 cents to end at record closing high of $5.65, 
Knutsford Express climbed $1.52 to settle at $12.50 with 340,610 shares changing hands, Limners and Bards climbed 15 cents and exchanged 5,684,628 shares to end at a record closing high of $3.15. Lasco Distributors climbed 18 cents trading 513,676 shares to end at $3.33, Lasco Financial closed trading of 6,941,822 units and climbed 55 cents to end at $5.15, Lasco Manufacturing lost 15 cents in trading 50,166 units to close at $4.20. Iron Rock Insurance closed with a loss of 10 cents at $4, in swapping 59,344 shares, Stationery and Office Supplies gained $1.25 to end at a record high of $12.65, in trading 1,154 stock units and tTech ended trading of 10,410 shares, after rising 10 cents to close at $6.
Lasco Financial ended trading with 1,427,673 shares, after rising 1 cent to end at $4.60. Lasco Manufacturing ended trading 133,549 shares, after rising 15 cents to end at $4.35, Limners and Bards closed 85 cents higher at $3, with 9,233,651 stock units trading, Medical Disposables ended trading of 11,800 shares, after rising 50 cents to end at $7.50, Main Event lost 35 cents in trading of 5,000 units at $7. Paramount Trading closed trading of 1,000 units and gained 10 cents to end at $2.40, Iron Rock Insurance closed trading of 7,046 units and gained 20 cents to end at $4.10. Stationery and Office Supplies declined 80 cents to settle at $11.40 after trading 5,000 shares, Sweet River ended trading with 4,000 shares, after rising 19 cents to end at $2.75, tTech ended trading of 19,690 shares, after rising 70 cents to end at $5.90.
June ended with an average of 166,169 units at $674,841 for each security traded.
Honey Bun lost 75 cents in trading of 31,241 units to end at $5.30, Indies Pharma closed 4 cents higher at $3.06, with 35,000 stock units trading, Jamaican Teas dipped 25 cents in trading of 2,059,280 units to end at $4.75, after trading at a 52 weeks’ high of $5.99 earlier. Jetcon Corporation closed 5 cents higher at $1.95, with 58,152 stock units trading, Limners and Bards traded 69,589 units and gained 85 cents to end at a record of $2.15 after trading at an intraday high of $2.40, Lasco Financial ended with a loss of 1 cent at $4.59 with 1,564,185 stock units changing hands. Lasco Manufacturing close with a loss of 5 cents at $4.20, in swapping 100,663 shares, Main Event lost 64 cents in trading of 12,141 units at $7.35. Paramount Trading closed 30 cents higher at $2.30, with 500 stock units trading, Stationery and Office Supplies gained $1.20 to end at a record close of $12.20, trading 2,268 shares and tTech declined 30 cents in trading of 5,000 units at $5.20.
Fresh from its recent successful IPO, shares of 
In the past week, the main market continues to hit new record highs, closing the week at an all-time high on its way to over 700,000 points for the All Jamaica Index. Momentum continues to move the market away from long-term resistance at 520,000 points. The Junior Market rose during the week and recovered all of the 2019 losses and more and is less than 100 points away from the all-time high of 3,436 points in September last year. Technical indicators point to the record be taken out soon and could happen this week with more results due.
Sterling Investments heads the main market with potential gains of 156 percent followed by Sygnus Credit Investments with 137 percent and Berger Paints in third spot and likely to gain 132 percent by March next year. 
Jetcon Corporation ended trading with 8,200 shares, after rising 5 cents to end at $1.90, Knutsford Express closed 10 cents higher at $11, with 2,973 stock units trading, Key Insurance closed trading of 953 units and gained 20 cents to end at $3.90. KLE Group closed 1 cent higher at $1.73, with 1,155 stock units trading, Limners and Bards climbed 30 cents to settle at a record high of $1.30 with just 100 shares changing hands, Lasco Distributors closed 15 cents higher at $3.15, with 54,500 stock units trading, Lasco Financial gained 1 to end at $4.60, trading 546,846 shares. Lasco Manufacturing ended trading with 41,900 shares, after rising 5 cents to end at $4.25, Medical Disposables climbed 31 cents in exchanging 22,800 shares at $7, Main Event ended with a loss of 1 cent to close at $7.99 with 7,062 stock units changing hands. Paramount Trading closed trading of 35,551 units and gained 22 cents to end at $2, Stationery and Office Supplies fell 1 cent to close at $11 with 5,885 stock units changing hands and tTech climbed 40 cents and exchanged 127 shares at $5.50.
The Jamaica Stock Exchange Junior Market Index surged 85.66 points to end at 3,318.09 on Thursday, the highest close for the year, and the highest point since the latter part of October last year. 
The average volume and value for the month to date amounts to 93,288 units with a value of $337,830 for each security traded, compared to 94,629 units with a value of $334,761 traded previously. June ended with an average of 166,169 units at $674,841 for each security traded.
General Accident dipped 6 cents in trading of 239,128 units at $4.29. GWest Corporation staged a big recovery since falling to a low a recent low of 70 cents to end trading at $1.55 after rising 30 cents in exchanging 6,300 units. 
Honey Bun climbed $1.05 to settle at $6.05 with 600 shares changing hands, iCreate ended trading with 107,252 shares, after rising 4 cents to close at 70 cents. Indies Pharma closed trading of 206,367 units with a gain of 1 cent to end at $3.03, Jamaican Teas ended with a loss of 1 cent at 4.29 with 60,944 stock units changing hands. Knutsford Express fell 10 cents in trading of 17,468 units at $10.90, Key Insurance gained $1.05 to end at $3.90, trading 800 shares, Lasco Distributors dipped 5 cents in trading of 71,140 units at $3.10, Lasco Financial lost 2 cents in trading of 29,954 units at $4.58. Main Event closed 50 cents higher at $7.50, with 13,923 stock units trading, Paramount Trading climbed 8 cents in exchanging 186,147 shares at $1.87, Stationery and Office Supplies traded 100 units and gained 30 cents to end at $10 and tTech lost 15 cents in trading of 28,000 units at $5.10.
The Jamaica Stock Exchange Junior Market Index rose 38.69 points to close at 3,189.88 on Tuesday and sits just 1.8 percent below the opening level for the year and just slightly lower than the close on January 23. 
June ended with an average of 166,169 units at $674,841 for each security traded.
Fontana gained $1.14 to end at $8.45 with 355,933 stock units trading, General Accident dipped 23 cents in trading of 64,972 units at $4.15, iCreate closed trading of 102,500 units and gained 6 cents to end at 66 cents, ISP Finance fell 20 cents in trading of 3,783 units to end at $13.65. Jamaican Teas lost 13 cents in trading 100 shares to close at $4.30, Jetcon Corporation exchanged 73,886 shares to close at $1.60 after falling 20 cents, Lasco Distributors dipped 18 cents in trading of 55,300 units at $3.15, Lasco Manufacturing shed 8 cents in trading of 29,235 units at $4.20. Medical Disposables closed trading of 53,095 units and gained 30 cents to end at $7. Main Event climbed 45 cents and exchanged 12,176 shares at $7, Ironrock Insurance climbed 4 cents and exchanged 500 shares at $3.57, Stationery and Office Supplies climbed 69 cents and exchanged 26,328 shares to end at $9.70 and tTech Limited ended trading of 62,382 shares, after rising 15 cents to end at $5.25.
