The Junior Market of the Jamaica Stock Exchange closed on Friday, with the market rising with advancing stocks were edged out by declining ones, after an exchange of 41 percent fewer shares than on Thursday.
Trading concluded with 33 securities changing hands, up from 31 on Thursday and ended, with the prices of 13 stocks rising, the prices of 14 declining and six with prices remaining unchanged.
At the close, the Junior Market Index increased 18.3 points to settle at 2,514.82, the highest point since August 28. The average PE Ratio of the market ended at 10.6 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 2,048,087 shares for $5,393,700 compared to 3,485,582 units at $7,773,090 on Thursday. Mailpac Group led trading with 31.2 percent of total volume for 639,248 shares, followed by Lasco Distributors with 26.3 percent and 539,293 units and Lumber Depot with 7.7 percent market share, with 158,533 shares.
Trading ended with an average of 62,063 units at $163,445 in contrast to 112,438 at $250,745 on Thursday. For the month to date, the average trade resulted in an exchange of 75,003 units at $216,266, in comparison to 76,698 units at $223,183 on Thursday. Trading in August resulted in an average of 104,426 units at $321,996.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows two stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close of the market, Access Financial dropped $4.49 to end at $21.51 in an exchange of just 11 shares, AMG Packaging dropped 22 cents to finish at $1.76 with a mere ten units trading, Blue Power fell 12 cents to settle at $3.30 with 1,500 stock units passing through the market. Cargo Handlers lost 30 cents to close at $7, trading 10,000 shares, Caribbean Assurance Brokers gained 14 cents to end at $2.05 with 116,159 units changing hands, Caribbean Cream shed 40 cents to finish at $4 with investors switching ownership of 36,150 shares. Caribbean Flavours fell 3 cents to settle at $18.44 with 3,309 stocks passing through the market, Derrimon Trading advanced 34 cents to end at $2.85 in an exchange of 18,707 shares, Elite Diagnostic closed 33 cents higher at $3.39 with investors transferring 10,050 units. Express Catering slipped 2 cents to $3.93 with 19,201 stock units traded, Fontana lost 3 cents to finish at $4.74 with 138,448 shares passing through the market, General Accident gained 8 cents to end at $6.08 in an exchange of 868 stock units. iCreate rose 4 cents to settle at 70 cents with 3,306 stocks changing hands, Indies Pharma gained 7 cents to close at $2.85 with135,634 stock units traded, Jamaican Teas gained 14 cents to finish at $4.69 with investors switching ownership of 48,000 stock units. 
Jetcon Corporation lost 7 cents to end at 85 cents in an exchange of 2,550 shares, KLE Group declined by 6 cents to finish at $1.36 with 1,000 shares changing hands, Lasco Distributors traded 539,293 stock units and advanced 10 cents to settle at $3.13. Lasco Financial rose 2 cents to close at $2.14 with investors transferring 3,750 units, Lasco Manufacturing fell 6 cents to end at $3.73 in an exchange of 1,136 shares, Limners and Bards slid 2 cents to $2.80 with 75,975 shares passing through the market. Lumber Depot finished 1 cent higher at $1.05 with 158,533 shares changing hands, Mailpac Group traded 639,248 stock units and gained 1 cent to settle at $2.01, Main Event rose 5 cents to end at $3.50 in an exchange of 501 shares. Medical Disposables advanced 8 cents to end at $4.70 with investors switching ownership of 500 stocks and Paramount Trading fell 5 cents to settle at $1.55 with 14,333 units crossing the exchange.
In the preference segment, Derrimon Trading dropped 40 cents to close at $1.90, with 54,533 stocks changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the close of the market, Access Financial jumped $4.50 to finish at $26 with investors trading 8,406 shares, AMG Packaging fell 13 cents to $1.98 with 501 units changing hands, Blue Power ended 1 cent higher at $3.42 with a mere four shares passing through the market. Caribbean Flavours advanced 17 cents to $18.47 in an exchange of 25,819 units, Caribbean Producers rose 4 cents to close at $2.36 with 2,254 shares traded, Consolidated Bakeries gained 5 cents to settle at $1.50 with investors switching ownership of 300 stock units. Derrimon Trading added 1 cent to finish at $2.51 with an exchange of 400 shares, Elite Diagnostic lost 14 cents to end at $3.06 with 2,046 units passing through the market, Everything Fresh gained 3 cents and traded 220,271 shares to close at 71 cents. Express Catering declined 40 cents to settle at $3.95, with 40,000 stocks changing hands, Fontana rose 1 cent to finish at $4.77 with investors transferring 7,385 shares, Fosrich increased 5 cents to settle at $3.65 in an exchange of 1,061 stock units. General Accident shed 37 cents and traded 33,582 stock units to end at $6, GWest Corporation lost 3 cents to close at 96 cents with 100 shares changing hands, Honey Bun advanced 29 cents to finish at $5 with investors switching ownership of 5,359 stock units. Indies Pharma climbed 27 cents to settle at $2.78 with 128,963 stock units passing through the market, Jamaican Teas fell 5 cents to close at $4.55 with 1,423 stocks traded, Jetcon Corporation finished 1 cent lower at 92 cents in an exchange of 5,600 shares. 
Lasco Distributors rose 2 cents to end at $3.03 with 161,025 stock units changing hands, Lasco Financial rose 4 cents and traded 24,216 stock units to close at $2.12, Lasco Manufacturing gained 4 cents to end at $3.79 with investors switching ownership of 2,263 stocks. Limners and Bards fell 3 cents to settle at $2.82 with an exchange of 76,057 shares, Lumber Depot rose 4 cents to close at $1.04 with 76,089 stock units passing through the market, Mailpac Group traded 2,614,710 stock units and declined 9 cents to end at $2.Medical Disposables climbed 12 cents to settle at $4.62 with 500 units changing hands, Paramount Trading gained 6 cents to close at $1.60 in an exchange of 20,000 stock units, SSL Venture declined by 4 cents to close at 71 cents with 22,156 stocks traded. Stationery and Office Supplies slipped 1 cent to $5.59, with investors switching ownership of 2,240 shares and tTech gained 99 cents to end at $5, with 1,080 stock units crossing the exchange.
Stationery and Office Supplies and Jetcon Corporation dropped out of the Junior Market list, the former earning, was revised down for 2020, with the loss incurred in the June quarter while Jetcon price inched up, to be squeezed out of the top stocks.
The targeted average PE ratio of the market is 20 based on the profit of companies reporting full year’s results, from now to the second quarter in 2021. Both the Junior and Main markets are currently trading well below this level, an indication of the potential gains ahead. The JSE Main Market ended the week, with an overall PE of 15 and the Junior Market 10.8, based on IC Insider.com’s projected 2020-21 earnings. The average PE ratio of the Junior Market has been slowly rising, with better profit opportunities than the Main Market and narrowing the gap. 
The PE ratio for the Junior Market Top 10 stocks average a mere 6 at just 56 percent to the average of the overall Junior Market. The Main Market TOP 10 stocks trade at a PE of 8.1 or 54 percent of the PE of the overall market.
the best returns up to March 2021 and ranked in order of potential gains, based on likely gain 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 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.
Trading concluded with 36 securities changing hands compared to 32 on Monday and ended with the prices of 17 stocks rising, the prices of 12 stocks declining and seven stocks with prices remaining unchanged.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows three stocks ended with bids higher than their last selling prices and two with lower offers.
Iron Rock Insurance declined 5 cents to settle at $2.85 with investors switching ownership of 13,319 stock units, Jamaican Teas lost 9 cents to close at $4.60 with 118,300 stock units changing hands, Jetcon Corporation rose 9 cents and exchanged 408,415 shares to end at 93 cents. Knutsford Express gained 10 cents to end at $6.90 with investors transferring 5,350 shares, Lasco Distributors rose 1 cent to settle at $3.01 with an exchange of 47,841 units, Limners and Bards closed 1 cent higher at $2.76 with 51,824 stock units changing hands. Lumber Depot fell 5 cents to end at $1 with 157,348 shares passing through the market, Mailpac Group added 1 cent and exchanged 143,925 stocks to settle at $2.05, Main Event declined 30 cents to close at $3.40 with 26,047 stock units traded and tTech dropped 73 cents to end at $4.77 with 16,227 units crossing the exchange.
Trading ended with 32 securities changing hands compared to 28 on Friday and ended with the prices of 14 stocks rising, the prices of 12 stocks falling and six remaining unchanged.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows four stocks ending with bids higher than their last selling prices and five with lower offers.
Honey Bun closed at $4.70 after losing 40 cents in transferring 7,000 stock units, iCreate gained 6 cents clearing the market with 16,200 shares to end at 74 cents, Indies Pharma closed 16 cents higher at $2.79 after trading 3,600 units. Jetcon Corporation gained 1 cent to end at 84 cents, with 43,851 shares passing through the market, Knutsford Express shed 10 cents in ending at $6.80 and trading 2,750 units, Lasco Distributors lost 12 cents to settle at $3, with an exchange of 235,733 shares. Lasco Financial gained 9 cents to end at $2.15, after transferring 9,825 stock units, Limners and Bards gained 14 cents and ended at $2.75, in trading 15,608 units, MailPac Group shed 10 cents to close at $2.04, with an exchange of 118,642 shares. Medical Disposables lost 19 ents, with 16,028 stock units changing hands to end at $4.80 and Stationery and Office Supplies lost 1 cent to close at $5.60, with investors swapping 47,847 stock units.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows three stocks ended with bids higher than their last selling prices and three with lower offers.
GWest Corporation fell 19 cents to close at a 52 weeks’ low of 56 cents with an exchange of 112,000 stock units, Indies Pharma dropped 21 cents to end at $2.63 with investors switching the ownership of 95,088 stocks. Jetcon Corporation rose 3 cents to finish at 83 cents with 31,162 units changing hands, Lasco Distributors closed 2 cents higher at $3.12 with 11,000 stock units traded, Lasco Financial dropped 9 cents to end at $2.06 with investors transferring 140,446 stocks. Lasco Manufacturing climbed 18 cents to finish at $3.79 in an exchange of 2,176 shares, Mailpac Group gained 14 cents to settle at $2.14, trading 865,762 units, Medical Disposables added 10 cents in closing at $4.99 with 12,387 stocks changing hands. SSL Venture declined by 11 cents to finish at 75 cents with 8,084 units trading and Stationery and Office Supplies lost 4 cents to end at $5.61 after with 9,986 stock units crossing the exchange.
Trading ended with 31 securities changing hands compared to 35 on Wednesday and ended with the prices of 15 stocks rising, the prices of 10 declining and six, with remaining unchanged.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows five stocks ending with bids higher than their last selling prices and seven with lower offers.
Indies Pharma gained 19 cents and ended at $2.84, with and 14,008 stock units clearing the market, ISP Finance climbed $2 in closing at $15 in transferring 1,000 units, Jamaican Teas rose 63 cents to close at $4.69, after an exchange of 3,000 units. Jetcon Corporation slipped 4 cents to 80 cents trading 9,510 stock units, Knutsford Express finished 10 cents higher at $6.90, with a transfer of 3,649 shares, Lasco Distributors carved out a gain of 10 cents to close at $3.10, with 51,906 shares crossing the market. Lasco Financial gained 2 cents to settle at $2.15, in trading 51,250 shares, Lasco Manufacturing lost 18 cents to end $3.61 after exchanging 6,000 units, Limners and Bards shed 12 cents in closing at $2.61, while trading 374,097 shares. Lumber Depot gained 6 cents to end at $1.05, with a transfer of 4,511 units, MailPac Group closed at $2, with a gain of 1 cent in trading 3,522,281 shares, Main Event rose 30 cents to end at $3.70, in exchanging 100 units and tTech shed 60 cents to settle at $5.50 with investors swapping 40,849 shares.
At the close of the market, Access Financial gained 9 cents to end at $20.90, with 500 shares crossing the market, AMG Packaging lost 15 cents to close at $1.56 trading 3,100 stock units, Cargo Handlers shed 55 cents to settle at $6 while exchanging 7,493 units. Caribbean Cream lost 30 cents in ending at $4.20 with investors switching ownership of 26,646 shares, Caribbean Flavours climbed 74 cents to $18.33, in exchanging 14,174 stocks, Caribbean Producers lost 9 cents in closing at $2.31 and transferring 183,684 shares. Derrimon Trading gained 20 cents to end at $2.50, after exchanging 9,200 units, Elite Diagnostic rose 44 cents to $3.45 and clearing the market with 389 shares, Everything Fresh picked up 3 cents to end at 70 cents after exchanging 100 units. Express Catering shed 59 cents to settle at $3.35 trading 50,224 shares, Fontana lost 4 cents to finish at $4.75, with 137,591 shares passing through the market, Fosrich lost 20 cents and closed at $3.80 with 16,501 stock units crossing the market. General Accident closed 41 cents higher at $6.48, in exchanging 26,026 stock units, Honey Bun ended at $4.80, with a loss of 30 cents and 22,155 stock units crossing the market, iCreate slipped 2 cents to 68 cents trading 13,646 stock units. 
Indies Pharma shed 14 cents to end at $2.65 trading 14,764 shares, Iron Rock Insurance lost 25 cents to close at $2.90 with investors switching ownership of 6,225 units, ISP Finance rose $1 to settle at $13, with 902 units passing through the market. Jamaican Teas dropped 54 cents to $4.06, after clearing the market with 42,687 shares, Jetcon Corporation gained 4 cents to finish at 84 cents, in transferring 605,400 stocks, KLE Group gained 6 cents to end at $1.42, after trading 5,000 units. Knutsford Express lost 10 cents to close at $6.80, with 4,308 units crossing the market, Lasco Financial shed 1 cent to close at $2.13, in trading 67,204 shares, Lasco Manufacturing gained 19 cents and ended at $3.79, with an exchange of 34,639 shares. Limners and Bards carved out a gain of 3 cents after ending at $2.73 and a transfer of 30,260 stock units, MailPac Group lost 1 cent to end at $1.99 with investors swapping 50,600 shares. Medical Disposables rose 22 cents to finish at $4.89 trading 7,305 stocks and Stationery and Office Supplies gained 5 cents to settle at $5.65 with investors swapping 9,846 units.
Trading ended with 29 securities changing hands compared to 33 on Monday and ended with the prices of eight stocks rising, the prices of 12 declining and nine with prices remaining unchanged.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows two stocks ended with bids higher than their last selling prices and three with lower offers.
Express Catering climbed 48 cents to settle at $3.94 with 115,504 stocks changing hands, Fosrich gained 20 cents and traded 100,750 stock units to close at $4, General Accident lost 3 cents to settle at $6.07 with investors transferring ownership of 15,589 stocks. Honey Bun gained 20 cents to finish at $5.10 with an exchange of 42,823 stock units, ISP Finance shed $2.59 to close at $12 with 841 shares traded, Jamaican Teas declined 10 cents to end at $4.60 with 34,457 units changing hands. Lasco Distributors fell 1 cent to $3 with investors switching ownership of 315,000 stocks, Lasco Financial slipped 1 cent to close at $2.14 with an exchange of 20,600 shares, Limners and Bards rose 1 cent to settle at $2.70 with 135,880 stocks changing hands. Lumber Depot lost 1 cent to finish at 99 cents, with 184,359 units traded and tTech advanced by 70 cents to end at $6.10 with 12,467 units crossing the exchange.
At the close, the average PE Ratio of the market ended at 10.2 based on IC Insider.com forecast of 2020-21 earnings.
At the close of the market, Access Financial advanced $6.02 to $26.10 in an exchange of 10,056 shares, AMG Packaging gained 3 cents to end at $1.73 with 28,100 stock units changing hands, Blue Power closed at $3.20, after losing 5 cents and exchanging 15,500 shares. Caribbean Assurance Brokers lost 1 cent to finish at $2.08, in trading 6,818 units, Caribbean Cream ended at $3.90, with a loss of 7 cents in exchanging 9,780 units. Caribbean Flavours shed 50 cents, in falling to $17.50 with investors swapping 26,783 stock units, Caribbean Producers fell 1 cent to $2.44 and clearing the market with 22,090 stocks, Consolidated Bakeries slipped 1 cent to settle at $1.35 in exchanging 35,000 shares. Elite Diagnostic gained 1 cent to close at $3.01 while exchanging 24,431 units, Express Catering dropped 48 cents to settle at $3.46 in trading 199,371 shares, Fontana declined 20 cents to $4.79 after exchanging 74,757 stock units. General Accident shed 50 cents to close at $6.10 with 210,110 shares crossing the market, iCreate gained 5 cents to close at 70 cents after trading 210,000 shares, Iron Rock Insurance rose 30 cents in closing at $3.15, with investors switching ownership of 2,000 units. Jamaican Teas carved out a gain of 20 cents in ending at $4.70, with 11,034 stock units changing hands, Jetcon Corporation ended 5 cents higher at 80 cents, in transferring 3,500 stock units, Knutsford Express closed at $6.90, with gains of 5 cents trading 19,911 stock units. Lasco Distributors lost 18 cents to end at $3.01 after exchanging 39,926 shares, Lasco Financial gained 6 cents to end at $2.15 in an exchange of 49,500 stock units, Lasco Manufacturing finished 9 cents higher at $3.60, with 8,900 stock units crossing the market.
Limners and Bards carved out a gain of 13 cents to end at $2.69 while exchanging 4,888 stock units, Lumber Depot lost 5 cents in closing at $1 while trading 17,125 stocks, MailPac Group declined 2 cents to $2, after exchanging 1,258,085 shares. Medical Disposables fell 23 cents to $4.67, with a transfer of 7,653 stock units, Paramount Trading shed 18 cents to settle at $1.52, in an exchange of 10,200 stock units, Stationery and Office Supplies dropped 20 cents to settle at $5.60 after trading 46,175 stock units and tTech lost 1 cent to end at $5.40 with investors swapping 3,112 stocks.