Investors ended with less trading activity on Monday compared with Friday on the Trinidad and Tobago Stock Exchange and resulting in the volume of stocks traded declining 21 percent, with a 92 percent lower value than Friday, resulting in activity in 20 securities compared with 15 on Friday, with three stocks rising, ten declining and seven remaining unchanged.
Investors traded 682,025 shares for $3,068,170 on Monday, down from 865,694 units at $38,589,930 on Friday. An average of 34,101 units were traded at $153,409 compared to 57,713 shares at $2,572,662 on Friday, with trading month to date averaging 37,089 stock units at $833,554 down from 38,846 units at $1,233,640 on the previous trading day. The average trade for November amounts to 51,348 at $461,781.
The Composite Index lost 2.03 points to end at 1,310.15, the All TandT Index fell 5.61 points to 1,972.38 and the Cross-Listed Index slipped 4.92 points to 84.19.
Investor’s Choice bid-offer indicator shows three stocks ending with a bid higher than their last selling prices and none with a lower offer.
At the close, Agostini’s popped 50 cents to end at $44 with 269 shares passing through the market, Ansa McAl lost $2.40 in ending at $51.40, trading 1,182 units, Calypso Macro Investment Fund fell $1.15 to close at $21 as investors exchanged 12 stock units. Clico Investment Fund was marked down by 70 cents in closing at $29.05 after the trading of 8,957 stocks, Endeavour Holdings remained at $8 in exchanging 1,015 stocks, First Citizens Group ended at $50 with a transfer of 174 shares. 
FirstCaribbean International Bank shed 1 cent to $5.11 after 58,350 units changed hands, GraceKennedy declined 25 cents to $4.50 in an exchange of 4,622 stock units,JMMB Group ended at $1.85 after an exchange of 55 stock units. L.J. Williams B share remained at $2.50, with 1,146 stocks crossing the market, Massy Holdings dipped 10 cents to $4.65 with an exchange of 185,258 shares, National Enterprises rose 1 cent to close at $3.25 in trading 309,101 units. NCB Financial fell 14 cents to end at $4.56 with an exchange of 88,444 stocks, Prestige Holdings ended at $6.30, with 100 units clearing the market, Republic Financial dropped $1.87 in closing at $137.13 with the swapping of 126 shares. Scotiabank declined 18 cents to end at $77.30 after exchanging 61 stock units, Trinidad & Tobago NGL remained at $21.24 in switching ownership of 5,259 units, Trinidad Cement climbed 23 cents in closing at $3.88 after 5,100 stocks changed hands. Unilever Caribbean lost 70 cents in ending at $13.10 with investors transferring 5,100 stock units and West Indian Tobacco remained at $22 after a transfer of 7,694 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading plunges on Trinidad Exchange
New ICTOP10 listing
The Jamaica Stock Main Market recorded gains to close out the past week on a positive note, the second week that this is happening but the Junior Market Index was flat for a second week, and both markets enjoyed some sizable price movements that are in ICTOP10 lists.
Access Financial that dropped out of the Junior Market TOP10 last week returns with the price at $21.31 replacing Medical Disposables after the latter rose 7 percent for the week to $5.33. There were no new listings for the Main Market 10.
Only two Junior Market TOP10 stocks declined this past week with the rest gaining. Elite Diagnostic dropped 13 percent to $3.04 and Lasco Financial fell 9 percent to close at $2.74. Paramount Trading jumped 14 percent to $1.95, followed by Iron Rock Insurance with a rise of 12 percent to $2.45.
The Main Market 10 had four rising stocks and five declining. 138 Student Living rose 14 percent to $5.20, Key Insurance was up 10 percent to $3.68 and Jamaica Broilers gained 4 percent to $28. Guardian Holdings fell 11 percent to $495, Berger Paints fell 6 percent to $9.45 and Radio Jamaica dipped 4 percent to $1.90.
At the end of the week, the average PE for the JSE Main Market TOP 10 is 5.7, well below the market average of 13.9, while the Junior Market Top 10 PE sits at 5.9 versus the market at 12.1, important indicators of the undervaluation of the ICTOP10 stocks. The Junior Market is projected to rise by 242 percent and the Main Market TOP10 an average now of 271 percent, to May 2023.
The Junior Market has 13 stocks representing 28 percent of the market, with PEs from 15 to 34, averaging 21 compared with the above average of the market. The top half of the market has an average PE of 17.5 and shows the extent of potential gains that lie ahead for the TOP 10 stocks. The situation in the Main Market is similar, with the 17 highest valued stocks priced at a PE of 15 to 88, with an average of 29.6 and 21.7 excluding the highest valued ones and 19 for the top half excluding the highest valued stock.
ICTOP10 focuses on likely yearly winners, accordingly, the list includes some of the best companies in the market but not always. ICInsider.com ranks stocks based on projected earnings, allowing investors to focus on the most undervalued stocks and helping to remove emotions in selecting stocks for investments that often result in costly mistakes.
IC TOP10 stocks are likely to deliver the best returns up to the end of May 2023 and are ranked in order of potential gains, computed using projected earnings for the current fiscal year. Expected values will change as stock prices fluctuate and result in weekly movements in and out of the lists. Revisions to earnings are ongoing, based on receipt of new information.
Persons who compiled this report may have an interest in securities commented on in this report.
Kingston Wharves left for dead
Peculiarities of the local stock market can be seen in many areas with the performance of Kingston Wharves since 2019 highlighting the exuberance of many investors. They pushed the stock up to a high of $78 in 2019 with earnings per share of $1.82 from profits of $2.6 billion, up from a profit of $1.97 million in 2018, with earnings per share of $1.36, but the stock was selling at an enormous price earnings ratio in excess of 43 times 2019 earnings.
Kingston Wharves’ profit rose 8% in Q3.
Investors could not care less about a stock that was excessively overvalued, with the valuation well ahead of the market average at the time, around 22 times at the end of 2019. The company reported a profit of $3.25 billion in 2021 versus $2.28 billion in 2020 for earnings per share of $2.24 up from $1.57 in the previous year. Investors who were paying nearly $80 per share in 2019 are now scared to buy the stock around the $32 level even with improved earnings since 2019.
Admittedly, interest rates on Government of Jamaica Treasury bills at 1.6 percent in December 2019 were very attractive but it was at an unsustainable level and is now just over eight percent. This would result in a reduction in share valuation. But it does not explain why a stock that was priced at twice the rest of the market is no longer having a premium over the market.
For the current year to September, Kingston Wharves reported flat earnings of $2.1 billion compared to the previous year, but the third quarter reflects a 7.7 percent improvement in profits to $837 million in 2022 from $778 million in 2021.
Other operating revenues came in at $135.5 million in the September 2022 quarter, up from $53 million in 2021 and for the year to date, $155.8 billion down from $316 billion in 2021.
Cost of sales in the September quarter amounted to $1.267 billion versus $1.06 billion in 2021 and for the nine months $3.6 billion versus $3.1 billion, resulting in a gross profit of $1.18 billion for the September 2022 quarter, a slight improvement over the $1.16 billion in the previous year and for the nine months, $3.39 billion versus $3.1 billion. The gross profit margin slipped from 52 percent in the September 2021 quarter to 48 percent in 2022 with the year to date dipping from 50 percent in 2021 to 48 percent this year.
Administrative expenses amounted to $335 million in the September 2022 quarter, up 16 percent from $290 million in 2021 and for the nine months, rose 23 percent to $1.1 billion from $899 million in the previous year. Finance costs accounted for $25 million in the September 2022 quarter, up from $20.55 million last year and for the nine months, $32 million, down from $90 million in the previous year’s nine months. Taxation accounted for $117 million versus $127 million in the 2021 September quarter and $304 million for the nine months to September 2022, from $342 million in the previous year.
Shareholders’ equity ended the period at $36.66 billion. Total borrowed funds amounted to just $1.7 billion while it holds cash funds and investments of $9.5 billion. Current assets amount to $11 billion and current liabilities of $1.96 billion. Cash flows from operation generated inflows of $3.3 billion, after spending $1.5 billion on the purchase of property and $873 million on paying dividends and loan repayment of $500 million, the company used up all the inflows for the nine months.
Net book value per share amounts to $25.64, with the stock priced at $31.85 for a 24 percent premium. ICInsider.com projects earnings for the current year at $2.25 and $3 for 2023. These earnings suggest a stock price in 2023 in the $40 to $50 region at a PE of around 16 and it could be higher as interest rates should start to moderate by the middle of 2023 if not before. Going forward growth in the local economy is expected to continue for some time, accordingly, the wharf should be enjoying increased through put and result in increased revenues and profits.
Trading jumps on the JSE Main Market on Friday
The volume of stocks traded on the Jamaica Stock Exchange Main Market on Friday jumped 58. percent but with a 20 percent lower value than on Thursday, after the exchange of 51 securities down from 53 on Thursday, with 17 rising, 15 declining and 19 ending unchanged.
A total of only 6,541,604 shares were traded for $73,470,799 compared with 4,145,005 units at $91,859,137 on Thursday.
Trading averaged 128,267 shares at $1,440,604 versus 78,208 units at $1,733,191 on Thursday and month to date, an average of 102,756 units at $1,589,711. November ended with an average of 202,406 units at $1,736,565.
JMMB Group 7.5% was the lead trade for the day with 1.50 million shares for 23 percent of total volume followed by Transjamaican Highway with 1.06 million units for 16.2 percent of the day’s trade and Pulse Investments with 639,000 units for 9.8 percent market share.
The All Jamaican Composite Index fell 2,262.98 points to 387,082.91, the JSE Main Index dropped 1,596.95 points to close at 340,153.88 and the JSE Financial Index lost 0.53 points to end at 81.46.
The PE Ratio, a formula to ascertain appropriate stock values, averages 12.9 for the Main Market. The JSE Main and USD Market PE ratios incorporate earnings forecasted by ICInsider.com for companies with the financial year ending between November and August 2023.
Investor’s Choice bid-offer indicator shows nine stocks ending with bids higher than their last selling prices and seven with lower offers.
At the close, Barita Investments dipped $3.75 to $85.50 after trading 32,670 shares, 
Berger Paints shed 55 cents to close at $9.45 with 42,000 units changing hands, Caribbean Cement dropped $1 to end at $57 in switching owners of 510,980 stocks. Eppley Caribbean Property Fund advanced $2.60 to $44 with the swapping of 3,216 stock units, Jamaica Producers gained $1.85 to close at $26.35 with an exchange of 488,659 stock units, JMMB Group rallied $2 to $34 in trading 10,324 shares. Kingston Wharves climbed $4.14 to $31.85 with 2,368 units crossing the market, Mayberry Investments rose 52 cents in ending at $7.35 in exchanging 9,032 stocks, PanJam Investment advanced $1.40 to $57.40 with investors transferring 1,902 stock units. Portland JSX fell $1.50 to close at $9 after trading 5,000 units, Pulse Investmentspopped 40 cents to end at $3.05 with the swapping of 639,000 stocks, Sagicor Group lost $1.98 in closing at $51 in exchanging 53,740 shares. 
Scotia Group gained 85 cents to end at $33 in switching ownership of 16,736 units, Supreme Ventures rallied $1.93 to $27.94 with a transfer of 114,752 stocks and Sygnus Credit Investments was marked up by $1.40 to $12.90 trading 2,942 shares.
In the preference segment, Jamaica Public Service 9.5% jumped $40 to $3,000 with an exchange of 16 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Most Junior Market stocks rise than fall
The Junior Market of the Jamaica Stock Exchange lost more altitude on Friday, with the level of trading declining from that on Thursday as the volume of stocks traded fell 42 percent after a 30 percent lower value after trading ended with 37 securities versus 40 on Thursday and closed with 20 rising, 14 declining and three closing unchanged.
At the close, the Junior Market Index shed 11.28 points to settle at 3,897.28.
A total of 4,242,438 shares were traded for $14,592,692 versus 7,339,207 units at $20,780,968 on Thursday.
Trading averaged 114,660 shares at $394,397 compared with 183,480 units at $519,524 on Thursday with the month to date, averaging 150,411 units at $459,398. November closed with an average of 259,893 units at $711,335.
Dolla Financial led trading with 1.38 million shares for 32.5 percent of total volume followed by Future Energy Source with 807,975 units for 19 percent of the day’s trade and MFS Capital Partners with 427,110 units for 10.1 percent market share.
The PE Ratio, a measure of computing appropriate stock values, averages 12.1. The PE ratios of Junior Market stocks incorporate ICInsider.com projected earnings for companies with financial year end that falls between November this year and August 2023.
The Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and three with lower offers.
At the close of the market, AMG Packaging lost 20 cents to close at $2.92 in an exchange of just eight shares, Cargo Handlers popped 71 cents to end at $13.71 with 3,280 stock units changing hands, Caribbean Assurance Brokers shares were marked down by 14 cents to $2.05 after trading 20,286 units. 
Dolphin Cove gained 45 cents in ending at $13.50 after 3,017 stocks passed through the market, Elite Diagnostic dipped 46 cents in closing at $3.04 in trading 1,821 stocks, Express Catering gained 38 cents in closing at $4.95 after swapping 60,824 units. Fontana fell 63 cents to $8.22 with an exchange of 182,071 shares, Honey Bun gained 10 cents to settle at $6.90 while transferring 1,191 stock units, Indies Pharma advanced 20 cents to $2.79 in switching ownership of 688 shares. KLE Group rallied 18 cents to close at $1.98 in exchanging 23,749 stock units, Lasco Financial was marked down by 28 cents to $2.74 in switching ownership of 37,866 stocks, MFS Capital Partners rose 10 cents to $2.89 with a transfer of 427,110 units. Spur Tree Spices climbed 28 cents to $3.45 as investors exchanged 96,612 stock units, Stationery and Office Supplies shed 40 cents to close at $14.25 with a transfer of 6,145 shares and 
Tropical Battery gained 10 cents to close at $2.50 in exchanging 329,862 units.
In the preference segment, CAC 2000 9.5% preference share were marked up by 15 cents in closing at $1.09 with an exchange of 22,959 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE USD Market slips on Friday
Trading on the Jamaica Stock Exchange US dollar market ended on Friday, with the volume of stocks exchanged declining 98 percent less valued 95 percent lower than on Thursday, resulting trading in five securities, compared to nine on Thursday with one rising, one declining and three ending unchanged.
A total of 13,619 shares were traded for US$1,037 down from 584,733 units at US$20,685 on Thursday.
Trading on Friday averaged 2,724 units at US$207, compared with 64,970 shares at US$2,298 on Thursday, with a month to date average of 42,739 shares at US$1,552. November ended with an average of 33,854 units for US$3,351.
The JSE US Denominated Equities Index lost 3.54 points to end at 226.24.
The PE Ratio, a measure that is used to compute appropriate stock values, averages 8.4. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November and August 2023.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than the last selling prices and none with a lower offer.
At the close of the market, First Rock Real Estate USD share remained at 7.5 US cents with 501 shares changing hands, Proven Investments suffered a markdown of 1.36 cents to close at 18.53 US cents with trading of 2,170 stocks, Sterling Investments ended at 2.08 US cents after trading 100 units and Transjamaican Highway popped 0.01 of a cent to 0.96 of one US cent after a transfer of 10,602 stock units.
In the preference segment, JMMB Group 5.5% remained at US$2 in switching ownership of 246 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Surge in trading on the Trinidad Exchange
Investors pumped in 1,051 more funds in the Trinidad and Tobago Stock Exchange on Friday and pushed the volume of stocks traded up 90 percent more than on Thursday resulting in 15 securities trading compared with 19 on Thursday, with eight stocks rising, three declining and four remaining unchanged after an exchange of 865,694 shares for $38,589,934 up from 455,083 stock units at $3,353,828 on Thursday.
Trading averaged 57,713 units at $2,572,662 compared to 23,952 shares at $176,517 on Thursday, with trading month to date averaging 38,846 shares at $1,233,640.
The average trade for November amounts to 51,348 at $461,781.
The Composite Index dipped 2.03 points to end at 1,310.15, the All T&T Index declined 5.61 points to close at 1,972.38 and the Cross-Listed Index climbed 0.25 points to 84.19.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Agostini’s rallied 49 cents in closing at $43.50 after switching owners of 29 shares, Clico Investment Fund advanced 75 cents to close at $29.75 while exchanging 3,329 stocks, Endeavour Holdings increased $1 in ending at $8 with investors transferring 876 stock units. First Citizens Group dipped 5 cents to end at $50, with 762,269 units crossing the market, JMMB Group climbed 3 cents to $1.85 after a transfer of 2,672 stocks, Massy Holdings popped 8 cents to end at $4.75 with a transfer of 4,584 stock units. 
National Enterprises dipped 1 cent in ending at $3.24 with 1,500 units changing hands, National Flour Mills remained at $1.50, with 79,000 shares crossing the market, NCB Financial gained 14 cents in closing at $4.70 after trading 5,300 stocks. Prestige Holdings ended at $6.30 in an exchange of 14 shares, Republic Financial ended at $139 after an exchange of 75 units, Scotiabank dropped 2 cents to $77.48w ith the swapping of 1,198 stock units. Trinidad & Tobago NGL rose 29 cents to $21.24 in trading 4,728 units, Trinidad Cement popped 5 cents to close at $3.65 with an exchange of 100 shares and West Indian Tobacco remained at $22 with investors trading 20 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Stocks mostly down on the JSE USD Market
Stocks mostly to close out trading on Thursday on the Jamaica Stock Exchange US dollar market, with a 30 percent decline in the volume of stocks exchanged, with 31 percent more value than on Wednesday, resulting in nine securities traded, compared to eight on Wednesday with one rising, five declining and three ending unchanged.
A total of 584,733 shares traded for US$20,685 compared to 834,596 units at US$15,756 on Wednesday.
Trading averaged 64,970 units at US$2,298, compared with 104,325 shares at US$1,969 on Wednesday. Trading in November averaged 33,913 units for US$3,363.
The JSE US Denominated Equities Index gained 1.73 points to end at 229.78.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.4. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November and August 2023.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and none with a lower offer.
At the close, First Rock Real Estate USD share declined 0.44 of one cent to close at 7.5 US cents after exchanging 1,050 shares, Proven Investments fell 0.01 of a cent in closing at 19.89 US cents with 2,767 units crossing the market, Sygnus Credit Investments USD share dropped 0.36 of one cent ending at 9.5 US cents after trading 1,887 stocks. 
Sygnus Real Estate Finance USD share ended at 11 US cents after 2,702 stock units were traded and Transjamaican Highway dipped 0.03 of a cent to 0.95 of one US cent in switching ownership of 567,818 stocks.
In the preference segment, JMMB Group 5.5% advanced 10 cents to US$2 after a transfer of 1,500 shares. JMMB Group 5.75% remained at US$1.50 after trading of 4,990 stock units, JMMB Group 5.75% C share shed 1 cent ending at US$1.99 after exchanging 1,500 units and JMMB Group 6% ended at US$1, with 519 shares crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE Main Market jumps to start December
Prices jumped on Thursday on the Jamaica Stock Exchange Main Market following Wednesday’s big rally but closed with falling prices having the upper hand over those rising following a 58 percent decline in the volume of stocks exchanged by investors with value plunging 69 percent compared to Wednesday, from 53 securities trading compared to 55 on Wednesday, with 15 rising, 30 declining and eight ending unchanged.
A total of just 4,145,005 shares were exchanged for $91,859,137 compared with 9,955,147 units at $296,663,488 on Wednesday.
Trading averaged 78,208 units at $1,733,191 compared with 181,003 shares at $5,393,882 previously. November closed with an average of 202,406 units at $1,736,565.
Transjamaican Highway led trading with 1.25 million shares for 30.1 percent of total volume followed by Pulse Investments with 539,781 units for 13 percent of the day’s trade and Massy Holdings with 500,356 units for 12.1 percent market share.
The All Jamaican Composite Index rallied 4,498.12 points to 389,345.89, the JSE Main Index climbed 2,956.32 points to 341,750.83 and the JSE Financial Index rose 1.15 points to 81.99.
The PE Ratio, a formula to ascertain appropriate stock values, averages 13.8 for the Main Market. The JSE Main and USD Market PE ratios incorporate earnings forecasted by ICInsider.com for companies with the financial year ending between November and August 2023.
At the close, the Investor’s Choice bid-offer indicator shows ten stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Barita Investments climbed $3.23 to $89.25 in switching ownership of 1,153 shares, Caribbean Cement advanced $1.49 in closing at $58 after trading 52,243 units, Caribbean Producers dipped 40 cents to $12 in exchanging 14,499 stock units. Eppley lost 97 cents to close at $38 after transferring 1,625 stocks, Eppley Caribbean Property Fund gained 40 cents in ending at $41.40 with 3,738 stock units changing hands, First Rock Real Estate declined $1.84 to settle at $12.76, with 2,500 stocks clearing the market. Jamaica Broilers dropped 40 cents to $28 with a transfer of 13,688 units, Jamaica Producers rose $1.77 in closing at $24.50 with the swapping of 169,480 shares, Jamaica Stock Exchange fell $2.10 to $14.80 with 2,212 shares crossing the exchange. 
JMMB Group shed $1 to close at $32 in trading 10,770 units, Kingston Properties dipped $1.40 to $6.50 after 2,410 stocks were traded, Kingston Wharves shed $7.29 to a 52 weeks’ closing low of $27.71 with an exchange of 159,645 stock units. Margaritaville popped $2.05 to end at $22.56 with 87 units changing hands, Massy Holdings dropped $1 in closing at $80 as investors exchanged 500,356 stock units, Mayberry Jamaican Equities rallied 90 cents to $13.40 with investors transferring 1,000 shares. NCB Financial lost 50 cents to end at $83 trading 13,197 stocks, PanJam Investment fell $2.30 to $56 in an exchange of 70,016 units, Proven Investments advanced $1.74 to $27.96 with the swapping of 9,557 shares. Pulse Investments lost 40 cents to a 52 weeks’ closing low of $2.65 after exchanging 539,781 stock units, Sagicor Group dipped $1.12 in ending at $52.98 in transferring 94,741 stocks, Scotia Group fell $2.05 to $32.15 in switching ownership of 37,516 stocks. Seprod shed $1.50 in closing at $69 after an exchange of 4,669 stock units, Supreme Ventures advanced $1.04 to $26.01 with the swapping of 114,979 shares, 
Sygnus Credit Investments declined $1.41 to $11.50 after exchanging 19,800 units. Sygnus Real Estate Finance gained $1.20 to end at $10.20 with an exchange of 2,501 shares and Wisynco Group lost $1.21 to close at $17.20 in trading 293,941 stock units.
In the preference segment, Eppley 7.75% preference share dropped 50 cents to $20 with 4,550 stocks clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Falling stocks push Junior Market down
Just nine stocks rose, 19 declined and 12 ended unchanged on the Junior Market of the Jamaica Stock Exchange on Thursday, resulting in the market index dropping 70.39 points to close at 3,908.56, with the volume of stocks traded declining 61 percent and the value 66 percent lower than on Wednesday from the trading of 40 securities down from 42 on Wednesday.
A total of 7,339,207 shares were traded for $20,780,968 compared with 18,836,649 units at $60,904,034 on Wednesday.
Thursday’s trading averaged 183,480 shares at $519,524 compared with 448,492 units at $1,450,096 on Wednesday. November ended with an average of 259,968 units at $710,630.
MFS Capital Partners led trading with 3.23 million shares for 44 percent of total volume followed by Dolla Financial with 1.24 million units for 16.9 percent of the day’s trade and ONE on ONE Educational with 501,110 units for 6.8 percent market share.
The PE Ratio, a measure of computing appropriate stock values, averages 12.1. 
The PE ratios of Junior Market stocks incorporate projected earnings computed by ICInsider.com for companies with financial year that falls between November this year and August 2023.
The Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, Access Financial dipped $4.19 to $21.31 in an exchange of 1,908 shares, Cargo Handlers gained 20 cents to close at $13 with 5,000 units clearing the market, Caribbean Flavours fell 10 cents to end at $1.73 after 28,958 stocks crossed the market. Elite Diagnostic advanced 20 cents to $3.50 trading 122,822 stock units, 
Express Catering declined 43 cents in ending at $4.57 with the swapping of 13,774 stocks, Fontana popped 35 cents to settle at $8.85 after a transfer of 45,901 stock units. Fosrich lost 17 cents in closing at $4.05 in exchanging 22,595 shares, Indies Pharma shed 53 cents to close at $2.59 with 320 units changing hands, Iron Rock Insurance rose 38 cents to $2.45 as investors swapped a mere six shares.ISP Finance climbed $1.49 to $16.39 in transferring 13,125 stocks, JFP Ltd dropped 16 cents to close at $1.60 in trading 100,523 stock units, Knutsford Express shed $1.06 after ending at $7.92 with an exchange of 338 units. Limners and Bards lost 15 cents to finish at $2.65 with 16,487 shares clearing the market, Lumber Depot dipped 14 cents to $2.30 after exchanging 136,271 units, MFS Capital Partners rallied 27 cents in closing at $2.79 with investors transferring 3,229,717 stock units.
Spur Tree Spices dropped 63 cents to end at $3.17 as investors switched ownership of 248,340 stocks and tTech gained 31 cents to close at $3.27 after 225 shares crossed the market.
Prices of securities trading are those for the
