Bulls pushed Jamaica Stock Exchange Junior Market much higher on Tuesday, with the market crossing into the 3,800 zone for the first time after a sharp rise of 89.48 points in the index to close at a record closing high of 3,840.50, marginally below the intraday high of 3,840.74 points shortly before the close and moving the gains in just over a month to an impressive 12 percent.
Overall, 42 securities traded compared to 43 on Monday and ended with 17 rising, 19 declining and six, closing unchanged. In real bull market fashion trading ended with four stocks ending at 52 weeks’ high on Tuesday as follows: Dolphin Cove, Everything Fresh an IC Insider.com TOP 15 stock for 2022, Fontana, and Spur Tree Spices.
The PE Ratio, a measure used to compute appropriate stock values, averages 16.8 The PE ratio of each stock shown in the chart below is based on ICInsider.com earnings forecast for companies with financial years up to August 2022.
A total of 20,887,440 shares traded, 51percent more than on Monday for a value that rose 67 percent to $90,181,236 compared to 13,836,620 units at $53,925,461 on Monday. Express Catering led trading with 38 percent of total volume after an exchange of 7.92 million shares followed by Spur Tree Spices, 12.1 percent with 2.51 million units, Lumber Depot cornered 7.9 percent for 1.65 million units, Jamaican Teas controlled 6 percent for 1.26 million units and Derrimon Trading 6 percent after a transfer of 1.25 million units.
Trading averaged 497,230 shares at $2,147,172 in contrast to 321,782 shares at $1,254,080 on Monday and month to date, averaging 496,146 units at $2,147,172, compared to 319,395 units at $1,181,136 on Monday.
Investor’s Choice bid-offer indicator shows no stock ending with a bid higher than their last selling prices and none with a lower offer.
At the close, Access Financial popped $2.58 to close at $25.09 with 4,441 shares traded, AMG Packaging lost 24 cents to end at $3.66 in switching ownership of 166,482 stocks, Cargo Handlers gained 30 cents in closing at $7.30 after 70,650 stock units crossed the exchange. Dolphin Cove rallied $2 ending at a record close of $29 with 404,095 shares changing hands, Elite Diagnostic lost 31 cents to end $3.30 in transferring 214,309 stocks, Everything Fresh gained 23 cents to close at a 52 weeks’ high of $1.43 with the swapping of 833,368 shares. Express Catering rose 60 cents to $5.40 after exchanging 7,922,744 units, Fontana rallied $2.11 to a record of $10.90 with 326,648 stock units crossing the market, General Accident lost 20 cents to close at $5.90 with an exchange of 3,448 units. Honey Bun gained 38 cents to end at $9.97 after 42,974 stocks cleared the market, ISP Finance declined $8.49 in ending at $29.51 after an exchanging of 335 stock units, Knutsford Express lost 10 cents to settle at $7.90 with the swapping of 17,855 shares.
Lasco Financial gained 20 cents to end at $3.20 in trading 1,890 units, Lumber Depot picked up 10 cents in closing at $3.50 with 1,649,004 shares crossing the market, Medical Disposables rallied 91 cents to $7.91 in an ownership switch of 59,283 stocks. Spur Tree Spices gained 20 cents to end at a record $3.09 in an exchange of 2,511,283 stock units and tTech fell 19 cents to $3.91 with 35,100 stock units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The All Jamaican Composite Index gained 532.85 points to settle at 446,025.44, the JSE Main Index dropped 2,606.23 points to 399,053.91 and the JSE Financial Index shed 1.29 points to close at 97.82.
Caribbean Cement fell 50 cents to $71.50 after 5,494 shares crossed the exchange with, Caribbean Producers rose 82 cents to close at $23.72 in trading 1,033,334 stocks, GraceKennedy advanced $3.45 to end at $103.45 in switching ownership of 218,380 stock units. Guardian Holdings declined $8.99 in closing at $531 with 729 units clearing the market, JMMB Group popped $1.29 to $41.29 with the swapping of 369,420 stocks, Kingston Properties rose 89 cents in closing at $9.74 with 500 units changing hands. Kingston Wharves lost 60 cents to finish at $41 in transferring 6,301 shares, Massy Holdings dropped $314 to close at the lowest point since listing on this market at $2,149 in exchanging 7,385 stock units, NCB Financial rallied $3 to end at $133 in switching ownership of 260,052 shares. Palace Amusement climbed $10 to $950 in an exchange of 147 stocks, PanJam Investment advanced $1.98 to $65 after trading 15,609 stock units, Sagicor Group declined $5.05 to close at $53.20 with 95,833 units changing hands. Scotia Group fell 50 cents to$35 with 94,066 stock units crossing the market, Stanley Motta lost 83 cents to settle at $5 with the swapping of 204,812 shares, Supreme Ventures gained 30 cents to close at $17.50 after trading 19,042 stock units.
In the preference segment, Community & Workers Credit Union gained 37 cents to end at $2.45 after exchanging 295 stocks, Jamaica Public Service 9.5% climbed $322.57 to a record $2,473.07 with a mere transfer of 2 units, JMMB Group 7.25% popped 39 cents to close at $3.19 in trading 3,000 stock units and Productive Business Solutions 9.75% preference shares rallied $38 in closing at a 52 weeks’ high of $138 with 1,443 shares crossing the market.
The JSE Junior Market is trading at yet another record high in Tuesday market activity with the market index putting on 82.83 points to 3,833.09 after 90 minutes of trading. The market has broken out from the area of resistance that pinned it in the 3,400 level from May last year and finally broke loose in the middle of January. 
The PE Ratio, a measure used to compute appropriate stock values, averages 16.7. The PE ratios stock in the chart below are based on ICInsider.com earnings forecast for companies with financial years up to August 2022.
Lasco Distributors popped 16 cents to $3.39 after exchanging 190,493 units, Lasco Financial declined 7 cents to end at $3, with 318,392 stock units changing hands, Lasco Manufacturing increased 15 cents to close at $4.80 in exchanging 279,887 stocks. Limners and Bards rose 7 cents in ending at $3.40 while exchanging 785,560 shares, Lumber Depot advanced 20 cents in closing at $3.40 after trading 1,401,602 units, Mailpac Group rallied 12 cents to end at $3.40 in exchanging 737,880 stocks. Medical Disposables increased 28 cents to $7 after 500 stock units crossed the market, Spur Tree Spices advanced 13 cents to end at a record close of $2.89 with the swapping of 3,892,221 shares, after the stock price hit $3 during the trading session, SSL Venture fell 23 cents to end at $1.50 in an exchange of 115,858 stock units. Stationery and Office Supplies gained 10 cents to close at $6 with an exchange of 100,667 stocks and tTech rallied 10 cents to $4.10 after trading 12,100 units.
The All Jamaican Composite Index rallied 3,483.91 points to 445,492.59, the JSE Main Index gained 1,195.33 points to end at 401,660.14 and the JSE Financial Index popped 0.27 points to 99.11.
At the close, Caribbean Cement rallied 50 cents to $72 with 24,367 shares changing hands, Caribbean Producers advanced $2.90 to finish at a 52 weeks’ closing high of $22.90 with the swapping of 1,399,893 units, Eppley shed $1.30 to end at $35.20 trading 276 stocks. Eppley Caribbean Property Fund declined $4.36 in closing at $37.84 with an exchange of 434 stock units, GraceKennedy fell $3.50 to $100 in switching ownership of 208,862 shares, Guardian Holdings dropped $10.01 to close at $539.99 in exchanging 469 units. Jamaica Producers rallied 49 cents to $23.49 with a transfer of 49,196 shares, Jamaica Stock Exchange rose $1.17 in closing at $17.94 with the swapping of 110,303 stocks, JMMB Group shed 99 cents to end at $40 with 226,181 shares clearing the market. Kingston Properties lost 65 cents in ending at $8.85 with 1,628 stock units changing hands, Kingston Wharves advanced $1.60 to $41.60 in trading 1,829 stocks, Margaritaville popped $2.50 to $21 in switching ownership of 94 units. Massy Holdings dropped $257 in closing at $2,463 after an exchange of 24,441 stocks, MPC Caribbean Clean Energy climbed $14.87 to close at $114.87 with 100 stock units crossing the market, NCB Financial declined $3 to $130 in transferring 159,694 units. Proven Investments lost 45 cents to settle at $32 with the swapping of 26,315 shares, Radio Jamaica gained 40 cents in closing at $4.48 in an exchange of 696,349 stock units, Sagicor Group popped $4.74 to finish at $58.25 with 340,252 units changing hands. 
Salada Foods gained 40 cents to close at $6.90 after 16,436 shares cleared the market, Scotia Group rose 94 cents to $35.50 in exchanging 35,368 stocks, Sygnus Credit Investments fell 71 cents to end at $15.13 in switching ownership of 152,529 units. Sygnus Real Estate Finance fell $2.18 to $16.02 with the swapping of 1,605 stocks and Wisynco Group gained 35 cents to close at $17.85 with an exchange of 152,587 shares.
Four securities changed hands, down from eight on Friday with prices of one rising and three declining and resulting in the JSE US Denominated Equities Index losing 2.88 points to end at 198.93.
Investor’s Choice bid-offer indicator shows one stock ending with a bid higher than their last selling prices and none with a lower offer.
The All Jamaican Composite Index jumped 2,421.50 points to 442,008.68, the JSE Main Index climbed 3,294.94 points to close at 400,464.81 and the JSE Financial Index rose 0.82 points to end at 98.84.
Radio Jamaica accounted for 4 percent with a transfer of 1.74 million units and Sagicor Select Financial Fund, 2.9 percent after 1.24 million units changing hands.
Margaritaville dropped $4.50 in closing at $18.50 in transferring 538 units, Massy Holdings climbed $256.92 to close at $2,720 with an exchange of 35,938 stock units, Mayberry Investments lost 35 cents to $7.50 in trading 1,005 shares. Palace Amusement fell $5 in closing at $940 with 40 units changing hands, PanJam Investment fell $2.50 to end at $63 in switching ownership of 12,061 stocks, Proven Investments gained 45 cents after ending at $32.45 with the swapping of 27,723 shares and Sagicor Group lost 39 cents to finish at $53.51 in exchanging 1,043,597 stock units.
A total of 9,892,920 shares were traded for $34,889,559 compared to 14,330,907 units at $44,562,678 on Thursday, with 
Honey Bun gained 34 cents to end at $9.59 in exchanging 14,708 shares, Iron Rock Insurance dropped 20 cents in closing at $3.10, trading 16,484 stock units, ISP Finance climbed $1.51 to close at $37 with an exchange of 231 stocks. Lasco Financial fell 18 cents to end at $3.07 while exchanging 9,377 stock units, Medical Disposables shed 57 cents after ending at $6.72 with the swapping of 109,016 shares, Spur Tree Spices increased 33 cents to $2.76 in an exchange of 2,862,464 stocks. SSL Venture lost 17 cents to close at $1.73 after exchanging 156,015 units, Stationery and Office Supplies shed 10 cents to end at $5.90 exchanging 21,937 stock units and tTech dropped 20 cents after ending at $4 in trading 800 units.
The JSE US Denominated Equities Index rose 1.74 points to end at 201.81.
Productive Business Solutions shed 9 cents to US$1.01, with 531 stocks crossing the market. Proven Investments rallied 0.2 of a cent to close at 22.95 US cents after trading 16,075 stock units, Sygnus Credit Investments USD share ended unchanged at 12.95 US cents, with 2,332 stock units changing hands and Transjamaican Highway remained at 0.83 US cents after exchanging 104,700 units.
Market activity led to all 43 Junior Market securities trading on Thursday compared to 42 on Wednesday and ended with 23 rising, 12 declining and eight, closing unchanged.
At the close, CAC 2000 rallied 72 cents to end at $8.25 in an exchange of 50 shares, Cargo Handlers dropped 30 cents to close at $7, with 3,570 stock units clearing the market, Caribbean Cream climbed 27 cents to end at $5.27 after exchanging 2,327 stocks. Dolphin Cove popped 10 cents to close at $22.60 after trading 130,213 units with the price hitting an intraday high of $24.40. Elite Diagnostic advanced 30 cents in closing at a 52 weeks’ high of $4 while exchanging 49,005 stock units, Fontana rose 16 cents to $7.85 with the swapping of 346,988 shares. Fosrich gained 26 cents in closing at $14.83 with 11,944 stocks crossing the exchange, Future Energy Source increased 12 cents to close at $3.41 in trading 617,019 units, Honey Bun declined 30 cents to end at $9.25 in switching ownership of 130,247 shares. Indies Pharma shed 7 cents after ending at $3.08, with 74,482 stock units changing hands, Iron Rock Insurance increased 33 cents in closing at $3.30 after an exchange of 100 stocks, ISP Finance fell $2.51 to end at $35.49 and trading 336 units. Jamaican Teas rose 16 cents after ending at $4.26 in an exchange of 367,087 shares, Lasco Manufacturing lost 30 cents to $4.63 trading 3,776 stocks, Lumber Depot gained 14 cents to close at $3.18 after an exchange of 578,815 units.
Medical Disposables gained 57 cents to $7.29 trading 189 stock units, Paramount Trading rallied 16 cents ending at a 52 weeks’ of $2.03 with an exchange of 236,189 stocks, SSL Venture fell 30 cents to end at $1.90 in trading 225,157 stock units and tTech popped 20 cents to close at $4.20 after 36,447 shares changed hands.
