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.
Trinidad Cement carved out a gain of 25 cents in exchanging 25,000 shares at $2.35, cents, Trinidad and Tobago NGL closed 99 cents higher at $17.99, trading 9,477 stock units and West Indian Tobacco gained 40 cents to settle at $34.65, with 10,050 stock units changing hands.
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, the All Jamaican Composite Index dropped 2,824.38 points to 402,653.10, the JSE Market Index declined by 2,597.16 points to 367,397.15 and the JSE Financial Index lost 0.27 points to 95.42. The average PE Ratio of the Main Market ended at 15.4 based on IC Insider.com’s forecasted 2020-21 earnings.
The average trade for the day ended at 280,760 units at $2,903,282 in contrast to an average of 399,757 at $2,435,173 on Thursday. An average of 1,048,185 units at $3,935,208 each traded for July to date in contrast to 483,377 units at $2,494,914 for each security. In contrast, June closed with an average of 818,748 units valued at $7,498,303 for each security traded.
Jamaica Broilers ended $2.05 lower at $24.55, in trading 44,629 stock units, Jamaica Stock Exchange gained 49 cents to close at $23, in exchanging 472,748 shares, JMMB Group shed 50 cents to end at $30.50, with a transfer of 69,230 stock units. Kingston Wharves finished 51 cents lower at $53.49, after trading 57,716 stock units, PanJam Investment climbed $2.50 to settle at $69, with 142,724 shares changing hands, Sagicor Group gained 50 cents in transferring 550,086 shares and ended at $46. Scotia Group closed $1.75 higher at $44.50 as investors traded 376,531 shares, Seprod dipped 75 cents to $51.75, with an exchange of 13,000 units and Sterling Investments ended at $2.45, having lost 40 cents trading 100,159 shares.
At the close, the JSE US Dollar Index advanced by 2.53 points to 188.84 and the average PE Ratio of the market ended at 13.2 based on IC Insider.com’s forecasted 2020-21 earnings.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the JSE US Dollar market shows three stocks ended with bids higher than their last selling prices and one with a lower offer.
The market closed with the prices of seven securities rising, four declining and five closing unchanged. The volume of stocks passing through the market amounted to 167,722 shares valued at $1,805,037 compared to 227,019 shares for $2,597,044 on Thursday.
Losers│ Clico Investments lost 17 cents trading 6,969 stock units and closed at $24.58, Massy Holdings fell $1 to $57, in an exchange of 1,079 units. National Enterprises lost 15 cents to $4.50 in transferring 1,265 shares and One Caribbean Media ended 20 cents lower at a 52 weeks’ low of $5.25, with 11,200 stock units changing hands.
At the close, the All Jamaican Composite Index declined by 1,202.72 points to 405,477.48, the JSE Market Index slipped 1,086.54 points to 369,994.31 and the JSE Financial Index carved out a gain of 0.08 points to close at 95.69.
Transjamaican Highway with 4.43 million units for 26 percent of the day’s trade and Pulse Investments with 913,284 units for 5.4 percent market share.
NCB Financial Group advanced by $2 to $135, with investor having transferred 107,228 shares, 138 Student Living closed $1 higher at $6.99, with 2,000 stock units changing hands, PanJam Investment tumbled $6.50 and settled at $66.50, after trading 31,900 shares, Portland JSX climbed $1 to close at $9 trading 80 shares. Proven Investments slipped 95 cents to end at $33, in transferring 212,681 shares, Seprod gained 75 cents and closed at $52.50, with investors switching over 16,681 stock units. Sygnus Credit Investments gained 40 cents to finish at $16.40 with transfers of 18,009 stock units and Victoria Mutual Investments closed 34 cents lower to end at $7.26, in 62,150 shares 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.
At the close, the JSE US Dollar Index shed 2.55 points to close at 186.31. Trading ended with three securities changing hands with the prices of one stock declining and two closing unchanged. The average PE Ratio of the JSE US Dollar Market ended at 13.2 based on IC Insider.com’s forecasted 2020-21 earnings.
