For a second consecutive day, Mailpac Group commanded the lion’s share of the day’s trade on the Junior Market of the Jamaica Stock Exchange, accounting for 91 percent of the shares exchanged on Wednesday, up a bit from 90 percent on Tuesday when 44.22 million shares traded.
MailPac traded 14.2 million shares to dominate Junior Market trading.
Trading ended with 34 securities changing hands, down from 38 on Tuesday and closed with the prices of 11 rising, 14 declining and 9 closed unchanged.
The Junior Market Index lost 3.76 points to end at 2,519.00 and the average PE Ratio ended at 12.9 based on ICInsider.com’s forecast of 2020-21 earnings.
Trading closed with 213 percent fewer shares than on Tuesday, with an exchange of 15,670,241 shares or $34,936,702 down from 49,121,788 units at $110,386,381 on Tuesday.
Mailpac Group had a second day trading a large number of shares and ended leading trading for a second day with 14.26 million shares, followed by Jamaican Teas with 4.2 percent of the day’s trade or 665,663 units and Lasco Financial with 0.6 percent market share with an exchange of 90,062 units.
Trading averaged 460,889 units at $1,027,550 in contrast to 1,292,679 at $2,904,905 on Tuesday. 
For the month to date, the average trade is 381,049 units at $858,170, compared to 367,408 units at $829,230 on Tuesday. November closed with an average traded of 193,331 units at $566,885.
Investor’s Choice bid-offer indicator reading shows three stocks ended with bids higher than their last selling prices and two with lower offers.
At the close of the market, AMG Packaging gained 8 cents to end at $1.68 in exchanging 8,716 shares, Blue Power rose 38 cents to $3.38 with 6,659 stocks passing through the market, Cargo Handlers jumped 68 cents to $7 with 505 stock units changing hands. Caribbean Cream dipped 12 cents to $4.03, trading 6,070 units, Caribbean Producers rose 7 cents to $2.70 with a transfer of 11,390 stock units, Consolidated Bakeries dropped 28 cents to $1.12 with an exchange of 30 shares. Derrimon Trading advanced 19 cents to $2.50 with 1,070 stock units passing through the market, Everything Fresh gained 6 cents to close at 71 cents with 3,202 units changing hands, Express Catering dipped 10 cents in trading 17,937 stocks to finish at $3.40. Fontana slipped 5 cents to $5.40 with a transfer of 73,064 units, GWest Corporation closed 1 cent lower at 69 cents with an exchange of 9,000 shares, iCreate fell 7 cents to 60 cents with 8,700 stock units passing through the market. ISP Finance shed $6.05 to $17 with 5,000 stocks changing hands, Jamaican Teas traded 665,663 units and lost 8 cents to close at $1.80, Knutsford Express declined by 7 cents to close at $5.93 with investors switching ownership of 21,169 shares. Lasco Distributors rose 3 cents to $3.20 with 2,000 stocks passing through the market, Lasco Financial exchanged 90,062 stock units and lost 6 cents to finish at $2.65, Lasco Manufacturing dropped 21 cents to $3.69 with 2,517 shares changing hands. 
Lumber Depot slipped 2 cents to $1.18 with a transfer of 86,618 stocks, Mailpac Group traded 14,262,739 shares and gained 6 cents to settle at $2.25, Main Event shed 25 cents to close at $3 with 6,366 units passing through the market. Medical Disposables fell 12 cents to $4.02 with an exchange of 29,098 stock units, Paramount Trading advanced 18 cents to $1.52 with 73,494 shares changing hands, SSL Venture rose 3 cents to 56 cents with a transfer of 500 stocks and Stationery and Office Supplies gained 10 cents to end at $4.10 with 2,954 units crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with an exchange of 49,121,788 shares for $110,386,381, up from 3,445,343 units at $7,674,800 on Monday. Mailpac Group led trading with 44.23 million shares, followed by Caribbean Producers with 6.3 percent of the day’s trade with an exchange of 3.11 million units and Jamaican Teas with 0.9 percent market share with a transfer of 426,360 units.
At the close of the market, Access Financial jumped $2.11 to $22.06 with an exchange of 10 shares, AMG Packaging slipped 9 cents to $1.60 with 1,597 stocks changing hands, Blue Power dropped 43 cents to $3 with owners switching 5,010 stock units. Cargo Handlers shed 88 cents and traded 2,000 units to close at $6.32, Caribbean Assurance Brokers gained 7 cents to finish at $1.80 with 13,146 shares passing through the market, Caribbean Flavours lost 5 cents to end at $1.70 with a transfer of 5,451 stocks. Derrimon Trading fell 24 cents to $2.31 with an exchange of 27,140 units, Dolphin Cove rose 76 cents to $7 with 6,740 stock units changing hands, Everything Fresh slipped 6 cents to 65 cents with 137,787 shares changing hands. Fontana rose 6 cents to $5.45 with 410,784 stocks traded Fosrich gained 39 cents to $3.99 with 50,004 units passing through the market, General Accident rose 4 cents to end at $6 with a transfer of 8,677 stock units. Honey Bun gained 20 cents to close at $5.70, in exchanging 54,932 shares, iCreate increased 5 cents to 67 cents with 1,736 units changing hands, Indies Pharma advanced 14 cents to $2.50, after trading 2,750 stock units. Iron Rock Insurance climbed 15 cents to $2.95 with 35,035 stocks passing through the market, ISP Finance jumped $6.05 to $23.05 with a transfer of 500 shares, Jamaican Teas traded 426,360 stock units and rose 8 cents to $1.88. Lasco Distributors slipped 1 cent to $3.17 with 25,684 stocks changing hands, Lasco Financial gained 6 cents to close at $2.71 with an exchange of 8,328 units, Lasco Manufacturing advanced 22 cents to $3.90 with investors switching ownership of 37,767 shares.
Lumber Depot rose 2 cents to $1.20 with 150,700 stock units passing through the market, Mailpac Group traded 44,229,960 shares in adding 1 cent to close at $2.19, Medical Disposables advanced 13 cents to $4.14 with a transfer of 24,644 units. SSL Venture slipped 2 cents to 53 cents exchanging 18,220 shares, Stationery and Office Supplies declined by 5 cents to $4 with 3,350 stock units changing hands, Tropical Battery gained 6 cents to finish at $1.19 with 41,500 units traded and Tech climbed 21 cents to $4.30 with 35 stocks crossing the exchange.
November closed with an average of 193,331 units at $566,885 trading.
KLE Group rose 15 cents to $1.15 with 3,000 units passing through the market, Lasco Financial gained 5 cents to close at $2.65 in trading 2,425 shares, Lasco Manufacturing dropped 12 cents to end at $3.68 with a transfer of 7,439 stock units. Limners and Bards fell 10 cents to $2.60 with 47,694 stocks trading, Mailpac Group slipped 1 cent to $2.18 with an exchange of 253,036 units, Medical Disposables fell 33 cents to $4.01 with 8,932 shares changing hands. Paramount Trading declined by 16 cents to finish at $1.34 with 15,075 stocks passing through the market, SSL Venture rose 1 cent to 55 cents with a transfer of 600 units, Stationery and Office Supplies fell 38 cents to $4.05 with the trading of 76,597 stock units and Tropical Battery slipped 2 cents to $1.13 with 317,250 shares crossing the exchange.
Wisynco Group’s performance was on a roll, with revenues up 27.5 percent in the nine months to March this year, and 24 percent in the March quarter, but gross profit margin slipped in the March quarter while rising Administration and other expenses squeezed profits even more. Sales dipped slightly in the June and September quarters, but the September 2019 quarter, includes sales of $503 million from a discontinued operation, leaving flat sales from ongoing operations. Net Profits Attributable to Stockholders from continuing operations was $851 million or 23 cents per stock unit compared to $932 million or 25 cents per stock unit for the corresponding period of the prior year. Revenues for the quarter from continuing operations of $8.1 billion fell 6.1 percent from $8.6 billion in the 2019 quarter. 
The company expects to have lower energy costs with the successfully commissioning of the Cogeneration plant in July 2020, with the company seeing a positive contribution from the implementation through reduced energy costs.
The PE ratio for the Junior Market Top 10 stocks average a mere 6.9 at just 53 percent of the market average. The Main Market TOP 10 stocks trade at a PE of 9 or 56 percent of the PE of that market.
Trading ended with 33 securities changing hands compared to 29 on Thursday and concluded with the prices of 11 stocks rising, 16 declining and six remaining unchanged.
Trading averaged 114,080 units at $235,290 in contrast to 249,352 at $600,698 on Thursday. The month to date averaged 160,524 units at $366,841, compared to 176,657 units at $412,538 on Thursday. November ended with an average of 193,331 units at $566,885.
Limners and Bards gained 2 cents to settle at $2.70 with 6,318 stocks changing hands, Lumber Depot slipped 2 cents and exchanged 909,101 shares at $1.18, Mailpac Group traded 463,285 stocks and rose 4 cents to $2.19. Main Event jumped 25 cents to $3.25 with 3,076 units changing hands, Medical Disposables lost 1 cent to finish at $4.34 with a transfer of 10,840 stock units, SSL Venture slipped 2 cents to 54 cents with 10,000 shares passing through the market. Tropical Battery fell 5 cents to $1.15 with 50,919 stocks traded and tTech dropped 21 cents to $4.09 with 55,081 units crossing the exchange.
Trading ended with 29 stocks changing hands compared to 31 on Wednesday, with the prices of nine rising, 11 declining and nine remaining unchanged.
November trading averaged 193,331 units at $566,885.
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 one with a lower offer.
Limners and Bards settled at $2.70, with gains of 20 cents with 62,241 shares changing hands, Lumber Depot gained 3 cents to close at $1.23, after exchanging 365,322 shares, Mailpac Group lost 1 cent to end at $2.19 trading 759,011 shares. Main Event lost 3 cents to close at $3, in exchanging 7,271 units, Medical Disposables jumped 46 cents to $4.39, with 500 units passing through the market, Tropical Battery gained 3 cents to close at $1.20, clearing the market with 6,082 units and tTech ended 22 cents higher at $4.30, after crossing the exchange with 8,950 units.
At the close of the market, Access Financial dropped $2.58 to $19.92 with the trading of a mere 100 shares, AMG Packaging gained 6 cents to end at $1.65 with an exchange of 1,141 stocks, Blue Power rose 5 cents to $2.60 in an exchange of 7,040 stock units. CAC 2000 shed $2 to $8 with a transfer of 1,564 shares, Cargo Handlers lost 11 cents to $7.20 with 200 units traded, Caribbean Assurance Brokers advanced 19 cents to $1.91 with an exchange of 500 stocks. Caribbean Cream fell 12 cents to $4 with 8,513 shares changing hands, Caribbean Flavours lost 5 cents to close at $1.70 with a transfer of 14,992 stocks, Caribbean Producers climbed 18 cents to $2.60 with 500 units traded. Consolidated Bakeries declined by 12 cents to settle at $1.10 with 5,000 shares passing through the market, Derrimon Trading gained 15 cents and exchanged 66,059 stocks to end at $2.50, Elite Diagnostic dropped 27 cents to $3.03 with 88,087 units changing hands. Express Catering rose 5 cents to $4.05 with a transfer of 250 shares, Fontana traded 530,841 stock units and lost 3 cents to end at $4.97, Fosrich slipped 10 cents to $3.90 with 4,068 stocks passing through the market. General Accident fell 24 cents to $5.96 with 123,138 shares changing hands, GWest Corporation gained 4 cents to finish at 69 cents in switching ownership of 11,159 units, iCreate closed 1 cent higher at 66 cents with 19,023 stock units traded. 
Indies Pharma lost 3 cents to end at $2.55 with a transfer of 5,428 shares, Jamaican Teas traded 3,400,162 units in shedding 22 cents to settle at $1.79, KLE Group dropped 30 cents to $1.15 with 5,000 stocks passing through the market. Knutsford Express jumped 29 cents to $6 with 1,053 shares traded, Lasco Distributors rose 17 cents to $3.46 with 21,784 stocks changing hands, Lasco Manufacturing closed 2 cents higher at $3.68 in a transfer of 95,410 units. Limners and Bards fell 13 cents to $2.50 with 39,832 stock units traded, Lumber Depot declined 15 cents to $1.20 with 168,882 shares passing through the market, Mailpac Group traded 1,321,705 stocks and slipped 1 cent to $2.20. SSL Venture rose 3 cents to 56 cents with a transfer of 14,628 units, Tropical Battery lost 6 cents to finish at $1.17 with 225,701 shares traded and tTech shed 52 cents to close at $4.08 with 44,599 stock units crossing the exchange.
October averaged 230,868 units at $535,509.
Jamaican Teas lost 4 cents to end at $2.01, after clearing the market with 795,817 shares, Jetcon Corporation ended at 82 cents, with gains of 7 cents while trading 43,464 shares, Knutsford Express slid 29 cents to $5.71, with the swapping of 566 units. Lasco Financial lost 5 cents to end at $2.55 after exchanging 25,684 stock units, Lasco Manufacturing lost 14 cents to $3.66, after trading 57,387 stock units, Limners and Bards carved out a gain of 13 cents to end at $2.63, in an exchange of 210,501 shares. Lumber Depot rose 14 cents to $1.35, with 259,988 shares changing hands, Mailpac Group climbed 7 cents to $2.21, with 1,717,151 stock units changing hands, Medical Disposables shed 42 cents to close at $3.93, with the trading of 77,098 shares. Paramount Trading rose 18 cents to close at $1.50, with an exchange of 665 units, SSL Venture lost 4 cents to end at 53 cents, switching of ownership of 1,100 units, Stationery and Office Supplies ended at $4.43, after losing 12 cents transferring 4,152 units and Tropical Battery gained 13 cents to close at $1.23, in trading 1,579,900 shares.
Access Financial, Caribbean Producers, Express Catering, Elite Diagnostic, 
The local stock market’s targeted average PE ratio is 20based on profits of companies reporting full year’s results, from now to the second quarter in 2021. The Junior and Main markets are currently trading well below the market average, indicating the potential gains ahead. The JSE Main Market ended the week, with an overall PE of 15.5, The Junior Market 13.3, based on ICInsider.com’s projected 2020-21 earnings. The PE ratio for the Junior Market Top 10 stocks average a mere 7.2 at just 54 percent to the average of the Junior Market. The Main Market TOP 10 stocks trade at a PE of 9 or 58 percent of the PE of that market.
based on 2020-21 earnings, indicating greater likely gains for Junior Market stocks than the Main Market.