Market activity ended on Friday, with the market closing mixed after 30 percent fewer shares changed hands than on Thursday, resulting in slightly more stocks rising than falling at the close of trading on the Trinidad and Tobago Stock Exchange.
At the close, 15 securities traded compared to 12 on Thursday, with four stocks rising, three declining and eight remaining unchanged. The Composite Index declined 0.49 points to 1,423.36, the All T&T Index spiked 2.25 points to 1,942.34 and the Cross-Listed Index lost 0.48 points to settle at 121.64.
A total of, 121,263 shares traded, for $826,703 compared to 172,729 units at $762,987 on Thursday.
An average of 8,084 units traded at $55,114 compared to 14,394 at $63,582 on Thursday. The average trade month to date ends at 23,378 units at $282,236 versus 24,625 units at $300,752. The average trade for June was 45,770 units at $724,497.
The Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Agostini’s closed at $24.55 in an exchange of 7,749 shares, Ansa Merchant Bank remained at $41.50 in exchanging 1,710 units, First Citizens Bank traded stocks at $50.02, GraceKennedy remained at $5.98 in an exchange of 80 units, Guardian Holdings declined 10 cents to $33.75 after 3,885 units changed hands, JMMB Group spiked 5 cents to $2 in trading 9,401 shares. Massy Holdings remained at $80.60 after 20 units crossed the exchange, 
National Enterprises ended at $3.50 with 9,300 stock units changing hands, National Flour Mills rallied 5 cents to $2.05 in trading 2,000 shares. NCB Financial Group fell 13 cents to $8.10 trading 2,700 shares, One Caribbean Media dipped 1 cent to $4.59 after an exchange of 280 units, Prestige Holdings popped 25 cents to $7.25 in an exchange of 158 stocks. Trinidad & Tobago NGL gained 15 cents in ending at $18.40, with 1,020 stock units crossing the market, Trinidad Cement remained at $3.30 trading 81,410 stock units and West Indian Tobacco ended at $32.50 after exchanging 745 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The All Jamaican Composite Index declined 1,348.65 points to 459,101.53, the JSE Main Index fell 1,154.18 points to end at 420,868.15 and the JSE Financial Index slipped 0.32 points to 103.59.
Investor’s Choice bid-offer indicator reading has 16 stocks ending with bids higher than their last selling prices and two with lower offers.
Salada Foods lost 20 cents in closing at $8 with an exchange of 71,674 stocks, Seprod rallied $2.26 to $71.95 with the swapping of 4,860 shares, Supreme Ventures lost 45 cents to close at $18.80 in trading 21,036 stocks and Sygnus Credit Investments popped 68 cents to $15.39 in switching ownership of 63,061 units.
At the close, just 12 securities traded down from 18 on Wednesday, leading to three stocks rising, three declining and six ending unchanged. The Composite Index rose 1.20 points to finish at 1,423.85, the All T&T Index gained 0.91 points to settle at 1,940.09 and the Cross-Listed Index advanced 0.21 points to 122.12.
At the close of trading, Agostini’s ended at $24.55, with 461 stock units changing hands, Clico Investment Fund ended at $26.80 after an exchange of 2,032 shares, GraceKennedy rallied 13 cents to $5.98, with 10,000 units clearing the market, JMMB Group remained at $1.95, with 94,854 units crossing the exchange. L.J Williams B shares closed at $1.50 in exchanging 5,003 stock units, National Flour Mills dipped 4 cents to $2 in trading 38,000 units, NCB Financial Group fell 1 cent to $8.23 with an exchange of 12,655 shares. Prestige Holdings remained at $7 with an exchange of 2,849 units, Republic Financial Holdings shed $1.25 in closing at $138 after trading 100 shares Scotiabank spiked $1.18 to $59.73 with the swapping of 682 units. Trinidad & Tobago NGL popped 4 cents to $18.25 in exchanging 550 shares and West Indian Tobacco remained at $32.50 in trading 5,543 units.
At the close, Barita Investments rallied $1.18 to $84 with a transfer of 6,045 shares, Caribbean Cement popped 85 cents to $92 in trading 132,354 stock units, Caribbean Producers gained 21 cents to end at a 52 weeks’ closing high of $5.19 with 259,401 shares changing hands, after hitting a 52 weeks’ intraday high of $6. Carreras lost 23 cents to close at $9.07 with an exchange of 402,107 stocks, Eppley shed 27 cents to settle at $43.63 in switching ownership of 2 units. First Rock Capital declined $1 to $14.50 with the swapping of 30,573 stocks, Grace Kennedy rose 73 cents to $99.01 after 16,832 shares crossed the exchange. Guardian Holdings jumped $24 to $674 in trading 382 units, Jamaica Broilers popped 33 cents to $36.33 with 44,887 stock units changing hands, Jamaica Producers rose 70 cents to $22.90 with 4,060 shares crossing the market. JMMB Group rallied 50 cents to end at $38.50 after an exchange of 169,493 stock units, Kingston Properties popped $2.24 to $10.25 in trading 97 units. Kingston Wharves rallied $2 to end at $50 after 10,960 stocks crossed the market, Mayberry Investments lost 36 cents to finish at $6.15 in switching ownership of 1,300 stock units, MPC Caribbean Clean Energy dived $17.35 to $117.20 with the swapping of 360 units. 
NCB Financial rose $1 to $140 in an exchange of 29,883 stock units, Palace Amusement dropped $60 to $1,190 in transferring 133 stocks, PanJam Investment rose $1.49 to $67.50 in exchanging 3,355 shares. Sagicor Group fell $2 to $53 in clearing the market of 118,645 stock units. Salada Foods shed 55 cents to close at $8.20 in an exchange of 46,065 stocks and Seprod fell $1.31 to $69.69 after trading 13,042 shares.
L.J Williams B share ended at $1.50 in exchanging 15,009 units, National Enterprises ended at $3.50 in trading 4,400 shares. National Flour Mills settled at $2.04 in switching ownership of 62,000 shares, NCB Financial Group dipped 1 cent to $8.24, in trading 195,502 stocks, Prestige Holdings remained at $7 in an exchange of 3,494 stocks. Republic Financial Holdings rallied 25 cents to $139.25 after trading 500 stock units, Scotiabank dropped $1.19 to $58.55, with 1,411 stocks crossing the market, Trinidad & Tobago NGL remained at $18.21 in exchanging 570 shares. Unilever Caribbean rose 8 cents to $16.33, with 32,473 stock units crossing the market and West Indian Tobacco rallied 50 cents to $32.50, with 5,717 units changing hands.
Financial Fund 13.3 percent with 738,402 units and Grace Kennedy 9.2 percent with 513,821 units changing hands.
MPC Caribbean Clean Energy shed $12.45 to settle at $134.55, with 84 units clearing the market, Palace Amusement rallied $60 to $1,250 with 7 stocks changing hands, Pan Jam Investment shed $1.49 to $66.01, with 11,233 stock units crossing the exchange. Proven Investments rose 45 cents to $34.60 in switching ownership of 4,506 stocks, Sagicor Group fell $2.94 to $55 in exchanging 23,431 stock units, Seprod fell $1 to $71 in transferring 14,512 stocks, Sygnus Credit Investments rose 20 cents to $14.80 in trading 33,382 shares and Wisynco Group spiked 40 cents to $15.90 with the swapping of 17,180 stocks.
GraceKennedy closed at $5.99, with 1,000 stock units changing hands, Guardian Holdings slipped 1 cent to $33.99 with the swapping of 2,697 units, JMMB Group lost 5 cents to end at $1.95 in switching ownership of 172,563 stock units. Massy Holdings closed at $80.60 trading 1,087 stocks, National Enterprises popped 25 cents to close at $3.50 in switching ownership of 5,600 shares, NCB Financial Group ended at $8.25, with 13,685 stock units changing hands. Prestige Holdings closed at $7, with 47 units crossing the market, Republic Financial Holdings gained $3.50 in ending at $139 after exchanging 360 stocks, Scotiabank settled at $59.74 after exchanging 985 shares. Trinidad & Tobago NGL popped 1 cent in closing at $18.21 and trading 6,042 stocks and West Indian Tobacco declined 50 cents to close at $32 in trading 300 units.
Trading averaged 2,094,775 units at $283,021,143, compared to 179,332 shares at $5,433,581 on Friday. Trading month to date averages 393,158 units at $37,484,522, versus 155,610 units at $3,207,330 on Friday. June ended with an average of 249,610 units at $3,877,606.
Pan Jam Investment shed $1.50 to close at $67.50 with 27,771 stock units changing hands, Sagicor Group spiked $2.94 to $57.94 after an exchange of 10,433 units, Salada Foods rose 28 cents to $8.90 in trading 21,207 stocks, Scotia Group shed 68 cents in ending at $39.50 after transferring 24,895 shares. Stanley Motta rose 20 cents to $5.90 with the swapping of 15 stock units, Supreme Ventures gained 32 cents to end at $19.32 in trading 1,162 units and Sygnus Credit Investments fell 40 cents to $14.60 with an exchange of 262,714 shares.
L.J Williams B share spiked 16 cents to $1.50, trading 1,691 stock units, Massy Holdings popped 18 cents to $80.60 in swapping 3,047 stocks, National Flour Mills fell 21 cents to $2.04, with 13,000 stocks changing hands. NCB Financial Group lost 23 cents in closing at $8.25 after trading 61,159 units, One Caribbean Media remained at $4.60 while 1,193 units passed through the exchange, Point Lisas ended at $3.15, with 3,600 stock units clearing the market. Prestige Holdings remained at $7, trading 380 shares, Republic Financial Holdings popped 40 cents to $135.50, with 2,148 shares clearing the market, Scotiabank closed at $59.74, with the swapping of 2,379 stock units. Trinidad & Tobago NGL lost 1 cent to end at $18.20 in exchanging 21,670 units, Trinidad Cement ended at $3.30 in trading 50 shares, Unilever Caribbean remained at $16.25 with an exchange of 1,335 shares and West Indian Tobacco settled at $32.50 in trading 14 stock units.
JSE Main Market Grace Kennedy returns after a week’s absence and replaces Jamaica Broilers that is now out. 
This past week the average gains projected for the Junior Market rose from 200 percent last week to 202 percent and Main Market stocks edged down from last week’s 171 percent to 168 percent.
For the Junior Market to trade at the historical average, the PE Ratio would have to rise by 32 percent and requires a rise of 53 percent to reach the targeted PE of 20 by March 2022. Main Market stocks would need to rise by 11 percent to hit a PE of 19 and 17 percent to get to the target of 20.
IC TOP10 stocks are likely to deliver the best returns up to March 2022 and ranked in order of potential gains, based on likely increase for each company, taking into account the earnings and PE ratios for the current fiscal year. Expected values will change as stock prices fluctuate and result in movements in and out of the lists weekly. Revisions to earnings per share are ongoing, based on receipt of new information.