Trading closed on Friday, with the volume and value of stocks traded declining by 33 and 36 percent respectively, from Thursday’s trades as the Junior Market of the Jamaica Stock Exchange enjoyed a positive day to close above the 3,300 mark for the first time since the first day of October.
A total of 37 securities traded as was the case on Thursday and ended with 18 rising, 12 declining and seven closing unchanged as one stock traded at 52 weeks’ high.
The Junior Market Index spiked 38.01 points to end at 3,300.47. The PE Ratio, a measure used in computing appropriate stock values, averages 12.7 based on ICInsider.com’s 2021-22 earnings forecast.
A total of 8,206,423 shares traded for $25,715,250 down from 12,301,366 units at $39,887,095 on Thursday. Lumber Depot led trading with 3.03 million shares and accounted for 36.9 percent of total volume, followed by Jamaican Teas with 2.11 million units for 25.7 percent of the day’s trade and iCreate with 1.08 million units for 13.2 percent market share. Trading averaged 221,795 shares at $695,007 compared to 332,469 shares at $1,078,030 on Thursday. Trading month to date averages 204,540 shares at $694,927, versus 201,012 units at $694,911 on Thursday. September closed with an average of 207,032 units at $668,264.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, AMG Packaging advanced 23 cents to $1.93 in exchanging 1,795 shares, Blue Power popped 12 cents to $3.37 after exchanging 1,300 units, Caribbean Assurance Brokers lost 16 cents to end at $1.63 in trading 15,158 stocks. Dolphin Cove spiked 69 cents to $9.69 after exchanging 2,867 stock units, Everything Fresh rose 10 cents to 98 cents trading 3,813 units, Express Catering backed off 45 cents to $4.90 with the swapping of 220,444 shares. Fontana dropped 32 cents to $6.07 after 43,768 stock units crossed the exchange, Fosrich increased 7 cents to close at $8.20, trading 15,069 stocks, General Accident gained 15 cents in ending at $5.45 after switching ownership of 34,100 stock units. Honey Bun shed 13 cents to $8.85 in an exchange of 19,883 units, Indies Pharma fell 15 cents in closing at $3.20 while exchanging 52 stocks, Iron Rock Insurance shed 5 cents to $3.30, with 19,870 shares clearing the market. ISP Finance spiked $10 to end at a record $35 with an exchange of 2,855 stock units, Jamaican Teas lost 16 cents to close at $4.18, with 2,110,176 stocks changing hands, Jetcon Corporation climbed 12 cents to $1.13 after 5,000 units crossed the market. 
Lasco Manufacturing spiked 23 cents to $4.89 with 10,433 shares changing hands, Limners and Bards increased 19 cents to $3.49, with 16,022 shares crossing the exchange, Mailpac Group rose 8 cents to close at $3.68 in trading 301,333 stocks. Main Event declined 9 cents to $4.40, with 300 stock units changing hands, Medical Disposables popped 50 cents to $5.20 after 12,516 units crossed the market and Stationery and Office Supplies fell 20 cents to close at $6 in exchanging 2,456 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Market activity led to 37 securities trading up from 33 on Wednesday, with 11 rising, 21 declining and five closed unchanged.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and three with lower offers.
Knutsford Express dropped 8 cents to end at $8.07 after 890 shares changed hands, Lasco Distributors fell 15 cents to close at $3.62, after 1,500 units changed owners, Lasco Manufacturing lost 14 cents in ending at $4.66 with an exchange of 2,930 stocks. Limners and Bards declined 13 cents to $3.30 in an exchange of 64,723 shares, Mailpac Group shed 10 cents in closing at $3.60 with the swapping of 4,144,462 stock units and tTech shed 15 cents to $4.05 in trading 12,545 units.
Trading averaged 162,226 shares at $624,087 in contrast to 123,678 units at $388,221 on Tuesday. Trading month to date, averages 167,235 shares at $596,470, compared to 168,725 units at $588,260 on Tuesday. September closed with an average of 207,032 units at $668,264.
Lasco Distributors fell 13 cents to $3.77 after exchanging 48,765 stocks, Lasco Manufacturing climbed 11 cents to $4.80 with the swapping of 2,693 stock units, Mailpac Group shed 14 cents to $3.70 while trading 141,762 units. Medical Disposables declined 9 cents to close at $4.71, with 15,685 stocks crossing the market, Stationery and Office Supplies popped 15 cents in, ending at $6.20 after trading 3,000 units and Tropical Battery rallied 7 cents to end at $1.37 in an exchange of 1,654 shares.
Market activity led to 37 securities trading compared to 38 on Monday and ended with 19 rising, 11 declining and seven, closing unchanged.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and one with a lower offer.
Lasco Manufacturing increased 12 cents to $4.69 in trading 4,063 stock units, Limners and Bards advanced 10 cents to $3.45, with 84,220 stocks changing hands. Main Event climbed 30 cents to $4.50 after exchanging 400 units, Medical Disposables fell 20 cents to end at $4.80 in exchanging 30,000 stocks, SSL Venture popped 5 cents to close at 68 cents, with one share changing hands. Stationery and Office Supplies dropped 59 cents to $6.05 after 10,000 units crossed the exchange and tTech rose 14 cents to $4.20 after 18,619 stock units changed hands.
At the close, AMG Packaging declined 7 cents to $1.63 in an exchange of 19,888 shares, Blue Power shed 12 cents in closing at $3.25, with 19,781 stock units crossing the exchange, Cargo Handlers fell 19 cents to $7.60 after trading 1,000 units. Caribbean Cream dropped 60 cents to $6.40 with an exchange of 10,000 stock units, Caribbean Flavours lost 7 cents to end at $1.91 in switching ownership of 16,227 stock units, Consolidated Bakeries increased 10 cents to $1.80 while exchanging three shares. Dolphin Cove fell $1 to $9 after exchanging 2,246 units, Express Catering lost 23 cents to end at $5.40 in trading 2,600 stocks, Fontana shed 15 cents in closing at $6.35 in trading 45,705 units. Fosrich climbed 6 cents to close at $8.13, with 15,125 stock units changing hands, Future Energy Source declined 5 cents to $2.65, with 677,720 shares clearing the market, Honey Bun dropped 43 cents to $8.22 trading 22,677 stocks. iCreate fell 5 cents to 75 cents, with 30,100 units crossing the market, Indies Pharma rallied 42 cents in closing at $3.65 with the swapping of 18,292 stock units, Jamaican Teas advanced 33 cents to $4.33 in trading 3,235,514 stocks. Jetcon Corporation rose 13 cents to $1.14 with 165,000 shares crossing the market, Lasco Distributors gained 40 cents to close at $3.90 while exchanging 6,631 stocks,
Lasco Financial declined 15 cents to $3 in exchanging 109,786 units. Lasco Manufacturing rallied 7 cents to $4.57 with an exchange of 28,959 shares, Limners and Bards shed 15 cents to $3.35, with 75,791 stock units changing hands, Medical Disposables lost 15 cents to end at $5 after 1,083 units crossed the exchange and Stationery and Office Supplies popped 15 cents to $6.64 after trading 500 shares.
So far to October, CPJ gained 90 percent and should exceed 100 percent this coming week and Caribbean Cream is up 67 percent ahead of second quarter results due in two weeks. Another TOP 15 stock this year, Caribbean Cement, surged on Friday to close at $120 after trading at a record high of $146.12, just short of IC Insde.com forecast in April this year in the report, captioned “Carib Cement Q1 profit triples” that the stock that last traded at $75 on the Main Market of the Jamaica Stock Exchange is projected to get to $150 in the next twelve months.
Elsewhere, in the Junior Market, AMG Packaging fell from $2.10 to $1.70, 
This past week, the average gains projected for the TOP 10 Junior Market stocks moved from 214 percent to 203 percent and Main Market stocks moved from 166 percent to 180 percent.
ICTOP10 is not intended to be a selection of the best stocks in the market but the most likely to be the biggest winners within fifteen months. ICInsider.com ranks stocks to separate the bigger winners from the rest, allowing investors to focus on potentially huge gains, helping to keep out emotional attachments to stocks that often result in the making of costly mistakes.
At the close, Access Financial popped $2.90 to $20 with the swapping of 2 shares, AMG Packaging climbed 9 cents to $1.70, with 185,800 stock units crossing the market, Blue Power rallied 40 cents to $3.37 in switching ownership of 25,998 units. Cargo Handlers rose 79 cents to $7.79 after exchanging 447 stocks, Caribbean Cream spiked $1.01 to $7 while exchanging 50,966 shares, but the stocks had 100000 units on offer at $6.50 at the close, Consolidated Bakeries fell 10 cents to $1.70, with 2,488 stocks crossing the exchange. Dolphin Cove gained 14 cents to end at $10, with 958 stock units changing hands, Elite Diagnostic dropped 5 cents to close at $3 after exchanging 247,582 units, Fontana lost 9 cents in closing at $6.50 with an exchange of 33,339 stocks. Future Energy Source declined 16 cents to $2.70 in exchanging 730,160 shares, General Accident rose 15 cents to $5.45 1n trading 3,693 stock units, Indies Pharma shed 52 cents to end at $3.23 with 1,070 units changing hands. ISP Finance popped $1.50 to close at $25, with 500 stock units clearing the market, Jamaican Teas shed 10 cents to $4 in an exchange of 4,701,946 units, Jetcon Corporation lost 15 cents after ending at $1.01 and trading 19,000 stocks. 
Lasco Distributors fell 49 cents to $3.50, with 23,144 shares crossing the market, Lasco Manufacturing declined 30 cents to end at $4.50 after swapping 22,583 shares, Limners and Bards dropped 35 cents to $3.50 in trading 15,895 stocks. Mailpac Group fell 6 cents to $3.84 after exchanging 418,371 stock units, Main Event lost 8 cents to close at $4.20 while trading 1,037 units and Medical Disposables climbed 15 cents to $5.15 after 46,950 units crossed the market.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and four with lower offers.
Lasco Manufacturing shed 20 cents to end at $4.50, with 33,084 stock units clearing the market, Mailpac Group fell 10 cents to $3.65 while exchanging 499,531 stocks, Main Event popped 10 cents to $4.30 in trading 32,995 stocks. Medical Disposables declined 15 cents to $4.85 with 208,597 shares changing hands, Paramount Trading fell 15 cents to 95 cents, with 125,100 stock units crossing the market, Stationery and Office Supplies popped 20 cents to $6 after trading 7,000 units and tTech shed 25 cents in closing at $4.10 with the swapping of 1,314 units.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and three with lower offers.
Lasco Manufacturing rallied 9 cents to $4.60, with 207,002 shares crossing the market, Limners and Bards shed 19 cents to end at $3.30 after exchanging 407,527 stocks, Mailpac Group increased 15 cents to $3.69 with an exchange of 130,753 units. Main Event gained 37 cents in ending at $4, with 250 shares crossing the exchange, Medical Disposables spiked 53 cents to $4.99 in trading 139,928 stock units, Stationery and Office Supplies climbed 24 cents to $6 in switching ownership of 100 stocks and Tropical Battery fell 7 cents to close at $1.27 trading 54,800 shares.
Elsewhere, in the Junior Market, Stationery and Office Supplies pulled back to $5.76 from $6.60 at the end of the prior week. Access Financial fell to $18.75 from $21.49 last week, General Accident fell from $5.54 last week to $5.15, Medical Disposables slipped from $4.94 to $4.46, Caribbean Assurance fell from $1.80 to $1.66 and Caribbean Cream moved up to $6.60, from $6.05 last week.
The top three Main Market stocks are Berger Paints, followed by Guardian Holdings and JMMB Group, with expected gains of 208 to 263 percent for the three, versus last weeks’ 212 to 257 percent.
The TOP 10 stocks trade at a PE of 6.5, with a 54 percent discount to that market’s PE. The overall Junior Market can gain 65 percent to March next year, based on an average PE of 20 and 40 percent based on an average PE of 17.
ICTOP10 is a selection of stocks that are more likely to be the great winners within fifteen months and not necessarily the best in the market. ICInsider.com ranks stocks to separate the big winners from the rest, allowing investors to focus on potentially huge gains, helping to keep out an emotional attachment to stocks that often result in costly mistakes.
