Consolidated Bakeries ended at a fresh multiyear closing high of $2.50 on Friday, with more than a million shares trading. Investors can expect more gains from this one as the company enjoyed strong first half year results that are expected to carry over to the second half and with the pe ratio now at 10 times this year’s earnings.
Consolidated Bakeries (Purity) traded at a 52 weeks’ closing high on Friday.
Key Insurance is added to the watch list with the price down to $3.36. After releasing full year results last week, Express Catering released first quarter results to August. Based on those numbers, ICInsider.com revised earnings per share to 40 Jamaica cents for the current fiscal year, with the PE now at 13.
ICInsider.com watch list comprises Caribbean Assurance Brokers, Consolidated Bakers, Dolphin Cove, Caribbean Producers, Elite Diagnostic, Everything Fresh, General Accident, Guardian Holdings, Jamaica Broilers, Key Insurance, Knutsford Express, Lasco Distributors, Lasco Manufacturing, NCB Financial, Stationery and Office Supplies, Paramount Trading and Scotia Group.
Major factors to consider going forward. The rebound in tourist arrivals only came back to 2019 levels since June. Providing there are no reversals, then companies who are highly dependent on the sector will enjoy a big bounce for the next nine months compared to the lower business generated from last year to April this year. The same applies to the entertainment industry as the sector only opened up after March this year. Banks will make a fortune from increased interest rates.
Persons who compiled this report may have an interest in securities commented on.
At the close, Barita Investments popped $3 to $94 with 1,743,018 shares crossing the exchange, Caribbean Cement rose $1.70 to $61 as investors exchanged 21,036 stock units, Caribbean Producers rose 75 cents to $14 in an exchange of 23,344 stocks. Carreras dropped 49 cents to end at $8.50 with 204,917 units crossing the market, Eppley lost $2.01 to close at $38.49 with the swapping of 514 stock units, First Rock Real Estate climbed $2 to $13.50 while exchanging 89,910 stocks. GraceKennedy dipped $1.25 to end at $92 in switching ownership of 139,928 units, Guardian Holdings gained $24.87 to close at $519.97 with a transfer of 250 shares, Jamaica Broilers advanced $1.10 to $29.30 with an exchange of 21,115 stock units. Jamaica Stock Exchange fell 49 cents in closing at $16 after trading 19,419 units, Kingston Properties declined $1.05 in ending at a 52 weeks’ low of $5.95 after a transfer of 59,297 stocks, Kingston Wharves rallied $5.10 to $44, with 44,779 shares clearing the market. Massy Holdings increased $5 in closing at $90, with 1,229,433 units changing hands, Mayberry Jamaican Equities climbed $3.01 to end at $13.01 with investors transferring 414,835 stock units, Palace Amusement shed $119.95 to close at $730.05 trading two shares. PanJam Investment rallied $1.69 to close at $59.99 after exchanging 33,816 stocks, Portland JSX advanced $1.52 to end at $10.52 in trading 501 units, Supreme Ventures rose $1.65 to $30 in exchanging 4,714,407 stocks. 
Sygnus Real Estate Finance gained $1.42 after ending at $10.91, with 200 stock units changing hands.
Trading on the Jamaica Stock Exchange US dollar market ended on Friday, with the volume of stocks exchanged rising 109 percent, valued 15 percent lower than in trading on Thursday, resulting in action in eight securities, compared to four on Thursday with three rising, one declining and four ending unchanged.
MPC Caribbean Clean Energy ended at US$1 with a transfer of 2 stock units, Proven Investments popped 1 cent to 21 US cents and closed with 44,288 units changing hands. Sygnus Credit Investments USD share advanced 1.96 cents to close at 10.96 US cents, with 1,963 stocks clearing the market and Transjamaican Highway gained 0.04 of a cent in closing at 0.94 of one US cent as investors exchanged 117,255 stocks.
A total of 10,149,669 shares were traded for $26,870,316 down from 20,300,179 units at $40,240,995 on Thursday.
At the close, Access Financial increased 30 cents to $22.30 in trading 1,015 shares, AMG Packaging gained 31 cents to end at $3.81, with 153 units crossing the exchange, Caribbean Assurance Brokers rallied 30 cents to $2.60 with an exchange of 11,852 stocks. Caribbean Cream advanced 46 cents to $4.47, with 220 stock units crossing the market, Consolidated Bakeries climbed 45 cents in ending at a multiple-year closing high of $2.50 while exchanging 1,056,501 stock units, Elite Diagnostic declined 34 cents to close at $3.31 in a swapping of 92,279 stocks. Everything Fresh rose 20 cents in closing at $1.50 with investors transferring 158,580 units, Fontana popped 20 cents in ending at $9.45 after 80,927 shares crossed the market, Future Energy Source shed 28 cents to end at $5.01 with 241,453 stock units clearing the market. Honey Bun rose 49 cents to $8.27 after trading 6,714 units, iCreate fell 26 cents in closing at $2.21 with the swapping of 1,952,192 shares, Lasco Distributors lost 16 cents to end at $2.84 after exchanging 160,365 stocks. Lasco Manufacturing increased 19 cents to end at $4.30 in trading 22,650 units, Mailpac Group popped 15 cents in ending at $2.42 after exchanging 106,187 shares, Spur Tree Spices dipped 15 cents to close at $3.49 in an exchange of 497,012 stocks. 
Stationery and Office Supplies dropped $1.30 to end at $16.20 in switching ownership of 10,000 stock units and tTech rallied 45 cents to $3 as investors exchanged 254,811 stocks.
A total of 1,134,926 shares were exchanged for $7,308,478, up from a mere 55,627 units at $2,061,311 on Thursday. An average of 70,933 units traded at $456,780 compared to 2,649 shares at $98,158 on Thursday, with trading month to date averaging 44,123 shares at $477,495 versus 42,703 units at $478,592 on the previous trading day. The average trade for August amounts to 40,829 units at $378,385.
Prestige Holdings remained at $6.40 with 15,825 shares crossing the market, Republic Financial Holdings ended at $140.50 after trading 8,529 units, Scotiabank advanced 27 cents to end at $78.67 with a transfer of 81 stock units. Trinidad & Tobago NGL rallied 11 cents in closing at $22.10 with investors transferring 29,581 shares, Trinidad Cement remained at $3.55 in an exchange of 1,000 units, Unilever Caribbean increased 15 cents to $13.15 in trading 500 stock units and West Indian Tobacco ended at $22.90 in exchanging 62 stocks.
Trading on the Jamaica Stock Exchange US dollar market ended on Thursday, with the volume of stocks exchanged rising 83 percent and valued 75 percent more than on Wednesday, resulting from trading of four securities, similar to Wednesday with one rising, three declining with none unchanged.
Investor’s Choice bid-offer indicator shows no stock ended with a bid higher than the last selling price and none with a lower offer.
Investors traded 6,862,645 shares for $82,023,834 down from 10,894,043 units at $200,361,949 on Wednesday. Trading averages 122,547 units at $1,464,711, versus 209,501 shares at $3,853,114 on Wednesday and month to date, an average of 203,473 units at $2,825,479, compared to 208,980 units at $2,918,070 on the previous day. August closed with an average of 738,534 units at $5,975,613.
At the close, Barita Investments advanced $3 to $91 in an exchange of 348,765 shares, Caribbean Cement dropped $3 to end at $59.30 after trading 57,589 stock units, Caribbean Producers fell 55 cents to $13.25 with the swapping of 88,466 stocks. Eppley rose $1.48 in closing at $40.50, with 69 units crossing the market, Eppley Caribbean Property Fund gained $1.58 to close at $43.98 with investors transferring 2,537 stock units, Jamaica Broilers dipped $1.10 to close at $28.20 after an exchange of 8,179 units. Jamaica Stock Exchange declined 51 cents to end at $16.49, with 58,696 shares crossing the market, Massy Holdings fell $1.01 to $85 with a transfer of 808 stocks, Mayberry Jamaican Equities shed $2.56 in ending at $10 after exchanging 4,400 units. MPC Caribbean Clean Energy increased $16 in closing at $84 with a mere two stock units traded, NCB Financial dipped $1 to $89 in trading 123,829 shares, Proven Investments declined 50 cents in closing at $30.01 after exchanging 35,422 stocks. 
Sagicor Group dropped 49 cents to $50.01 after trading 26,985 units, Scotia Group lost $1 to close at $33.50 after 23,423 stock units changed hands and Seprod shed $3 to end at $65, with 52,792 stocks crossing the exchange.
A total of 20,300,179 shares were exchanged for $40,240,995 up from 12,078,496 units at $38,559,683 on Wednesday. Trading averaged 483,338 shares at $958,119 against 287,583 shares at $918,088 on Wednesday, with month to date, averaging 515,490 units at $1,694,659 compared to 517,543 units at $1,741,672 on the previous day. August closed with an average of 407,186 units at $1,330,946.
At the close, Caribbean Assurance Brokers lost 30 cents to end at $2.30, with 9,458 shares crossing the exchange, Caribbean Cream fell 79 cents to $4.01 after trading 5,353 stock units, Everything Fresh shed 38 cents to close at $1.30, with 11,802,613 shares crossing the market stocks. Express Catering dipped 29 cents to $5.25 after exchanging 29,480 units, Fontana rose 13 cents in closing at $9.25, with 125,886 stocks changing hands, Future Energy Source gained 19 cents to close at $5.29 after a transfer of 162,299 units. Honey Bun climbed 22 cents to $7.78 with the swapping off 2,682 stock units, iCreate declined 47 cents to $2.47 after 1,185,132 shares crossed the market, Jamaican Teas dropped 32 cents in closing at $2.68 after trading 261,442 shares. Lasco Distributors rallied 15 cents in ending at $3 after exchanging 16,166 stocks, Lasco Financial shed 19 cents to end at $2.71 trading 23,927 stock units, Mailpac Group declined 12 cents to $2.27 with an exchange of 2,154,913 units. 
Main Event lost $1 to close at $8 as investors exchanged 78,619 stocks, MFS Capital Partners advanced 34 cents in closing at $3.39, with 104,707 shares clearing the market, Paramount Trading increased 13 cents to $1.93 in exchanging 70,217 stock units. Spur Tree Spices popped 24 cents to close at $3.64 in trading 77,284 units, Stationery and Office Supplies increased $1.50 to end at $17.50 with investors transferring 46,000 stock units and tTech fell 44 cents in closing at $2.55 in switching ownership of just 1,312 stocks.
A total of 55,627 shares were exchanged for $2,061,311 versus 513,673 units at $9,545,912 on Wednesday.
National Enterprises increased 3 cents in closing at $3.33 after swapping 5,000 stocks. National Flour Mills rallied 18 cents to end at $1.58 after trading five stock units, One Caribbean Media remained at $3.99 after an exchange of 100 stocks, Point Lisas rose 2 cents to $3.11 with investors transferring four units. Prestige Holdings ended at $6.40 after 156 shares crossed the exchange, Republic Financial Holdings gained 50 cents to close at $140.50, with 6,324 stocks crossing the market, Trinidad & Tobago NGL dipped 1 cent in ending at $21.99 after trading 200 units. Trinidad Cement remained at $3.55 as investors exchanged 281 stock units, Unilever Caribbean fell 15 cents to $13 with 321 shares changing hands and West Indian Tobacco remained at $22.90 in exchanging 2,050 stocks.
At the close, Berger Paints climbed 70 cents in closing at $11 after a transfer of 2,632 shares, Caribbean Cement gained $3 in ending at $62.30 with the swapping of 328,555 units, Caribbean Producers rose 57 cents to close at $13.80 with an exchange of 38,509 stocks. Carreras rallied 50 cents to $8.98, with 195,813 stock units clearing the market, Eppley Caribbean Property Fund advanced $3.40 to end at $42.40 changing hands 1,598 shares, First Rock Real Estate shed 75 cents to end at $11.50 in an exchange of 500 stock units. Jamaica Broilers increased 80 cents to $29.30 after exchanging 566,400 stocks, Jamaica Producers dipped $1.94 to $19.02 after exchanging 1,584 units, Jamaica Stock Exchange popped 49 cents to $17, with 20,556 shares crossing the market. JMMB Group fell 60 cents to close at $39.50 trading 468,760 stocks, Kingston Wharves advanced $4 in closing at $39 in switching ownership of 594 stock units, Massy Holdings lost $3.94 to $86.01 after trading 260 units. Mayberry Jamaican Equities increased 66 cents to close at $12.56, with 100,835 shares crossing the market, 138 Student Living rose 77 cents to end at $6.29 with an exchange if seven stock units, 
Portland JSX dropped 91 cents in ending at $9 as investors exchanged 2,500 stocks. Sagicor Group declined 50 cents to end at $50.50 in exchanging 141,695 units, Scotia Group dipped 50 cents to $34.50 while exchanging 7,460 units, Seprod popped $6 to $68 in trading 9,260 stocks and Supreme Ventures declined 50 cents in closing at $28.50 after trading 32,152 shares.
