Junior Market makes more gains

Derrimon Trading was the volume leader for a second day with 45 percent of stocks traded as the Junior Market closed on Wednesday, with the market Index rising even as more stocks fell than rose after trading 8 percent fewer shares than on Tuesday.
Trading ended with 33 securities changing hands compared to 35 on Tuesday and closed with the prices of 13 stocks rising, 15 declining and five remaining unchanged.
At the close, the Junior Market Index climbed 6.21 points to settle at 2,645.91.
The average PE Ratio ended at 13.9 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with trading of 5,219,009 shares for $11,861,927 compared to 5,677,928 units at $13,279,279 on Tuesday. Derrimon Trading led trading with 45.4 percent of total volume for 2.37 million shares, followed by Limners and Bards with 12.2 percent for 636,310 units and Jamaican Teas with 10.2 percent for 530,687 units.
Trading averaged 158,152 units at $359,452, in contrast to 162,227 at $379,408 on Tuesday. The month to date averaged 128,304 units at $298,951 compared to 113,819 units at $269,590 on Tuesday. December closed with an average of 263,428 units at $638,694.
Investor’s Choice bid-offer indicator reading shows four stocks ending with bids higher than their last selling prices and three with lower offers.
At the market’s close, Access Financial shed 49 cents to end at $23, with an exchange of 38 shares, Blue Power gained 26 cents to end at $3.26, trading 3,479 units, Cargo Handlers climbed $1.10 to close at $7.60, in exchanging 653 stock units. Caribbean Producers rose 15 cents to $2.75, with an exchange of 60,833 shares, Consolidated Bakeries shed 23 cents to settle at $1.13, in clearing the market with 800 units, Dolphin Cove gained 20 cents to close at $9 trading 2,621 units. Everything Fresh closed at 75 cents, with gains of 6 cents trading 73,255 shares, Express Catering lost 15 cents in closing at $3.50, in exchanging 6,824 stock units. Fontana closed 14 cents lower at $5.41, in switching ownership of 121,885 shares, Fosrich rose 20 cents to $4.20, with an exchange of 166 units, General Accident lost 7 cents to end at $6.18 trading 1,500 units. Jamaican Teas gained 4 cents to settle at $2.04, in transferring 530,687 shares, Lasco Distributors gained 3 cents to settle at $3.15, in exchanging 18,850 stock units, Lasco Financial shed 3 cents to settle at $2.70, after trading 1,037 units, Lasco Manufacturing lost 4 cents to close at $3.85, with 17,333 stock units changing hands. Limners and Bards gained 22 cents to close at $2.95, with a transfer of 636,310 shares, Lumber Depot lost 3 cents to close at $1.48, after exchanging 406,554 hares, Main Event declined by 20 cents to $3, in transferring 55,960 stock units and Medical Disposables gained 35 cents to end at $4.35 after exchanging 641 units.
In the preference segment, Derrimon Trading preference share gained 15 cents to close at $2.10, with 550 units changing hands.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Gains for Junior Market – Tuesday

Prices of stocks suffered more declines than gains at the close of trading on the Junior Market of the Jamaica Stock Exchange on Tuesday, but the market Index rose as investors exchanged 175 percent more shares valued 163 percent higher than on Monday.
Trading ended with 35 securities changing hands compared to 33 on Monday and finished with prices of eight stocks rising, 15 declining and 12 remaining unchanged.
At the close, the Junior Market Index gained 19.51 points to settle at 2,639.70. The average PE Ratio ended at 13.8, based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with 5,677,928 shares trading for $13,279,279, up sharply from 2,061,757 units at $5,052,813 on Monday.
Derrimon Trading was the volume leader with 65 percent of the day’s trade with an exchange of 3.69 million shares, followed by Jamaican Teas with 9 percent with a transfer of 510,981 stock units and Lumber Depot with 7.3 percent market share or 415,224 units.
Trading averaged 162,227 units at $379,408 in contrast to  62,477 at $153,116 on Monday. The month to date averaged 113,819 units at $269,590.  December closed with an average of 263,428 units at $638,694.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and three with lower offers.
At the close of the market, Access Financial slipped 1 cent to $23.49 with an exchange of 2,900 shares, AMG Packaging gained 3 cents to finish at $1.69 trading 82,300 stocks, Cargo Handlers declined 1 cent to $6.50 with 5,472 units changing hands. Caribbean Assurance Brokers fell 3 cents to $1.86 with investors switching ownership of 13,284 stock units, Caribbean Cream rose 25 cents to $4.40 with 10,925 shares traded, Caribbean Producers dropped 22 cents to $2.60 with a transfer of 21,148 units. Consolidated Bakeries slipped 3 cents to $1.36 in exchanging 9,098 stocks, Express Catering rose 10 cents to $3.65 with 61,217 stock units passing through the market, General Accident rose 6 cents to $6.25 trading 36,761 shares. GWest Corporation lost 2 cents to end at 75 cents with investors switching 25,000 units, Indies Pharma gained 5 cents to $2.65 with a transfer of 45,435 stocks, Jamaican Teas traded 510,981 stock units and gained 1 cent to end at $2. Knutsford Express shed 24 cents to $6.56 with an exchange of 409 shares, Lasco Distributors slipped 4 cents to $3.12 with 45,000 stocks passing through the market, Lasco Financial fell 3 cents to $2.73 with 750 units changing hands. Lasco Manufacturing lost 1 cent to end at $3.89 with a transfer of 1,392 stock units, Limners and Bards dropped 21 cents to $2.73 with 97,888 shares traded, Lumber Depot exchanged 415,224 units and gained 1 cent to close at $1.51. Mailpac Group rose 1 cent to $2.81 with 208,418 stocks passing through the market, Medical Disposables fell 29 cents to $4 with 2,601 stock units changing hands, Paramount Trading lost 10 cents to finish at $1.35 with a transfer of 3,044 shares. SSL Venture declined by 7 cents to 50 cents trading 102,775 stocks and Tropical Battery slipped 4 cents to $1.15 with 158,459 units crossing the exchange.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Junior Market starts 2021 with a fall

The market index slipped at the close of trading on the Junior Market of the Jamaica Stock Exchange closed on Monday after more stocks rose than declined, with the trading of 63.36 percent fewer shares at 65 percent of the value on Thursday.
Trading ended with 33 securities changing hands compared to 38 on Thursday and ended with prices of 13 stocks rising, 11 declining and nine unchanged.
The Junior Market Index dropped 23.19 points to 2,620.19. The average PE Ratio ended at 14.2 using ICInsider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 2,061,757 shares for $5,052,813 compared to 5,626,924 units at $14,533,347 on Thursday.
Derrimon Trading led trading with 24.1 percent of the total volume of 497,913 shares, followed by Jamaican Teas with 21.5 percent for 443,603 units and Mailpac Group with 10.5 percent for 216,195 shares.
Trading averaged 62,477 units at $153,116 in contrast to 148,077 at $382,457 on Thursday. December ended, with an average of 263,428 units trading at $638,694 each.
Investor’s Choice bid-offer indicator reading shows three stocks ended with bids higher than their last selling prices and six with lower offers.
At the close, Blue Power rose 22 cents to end at $3 in trading 117 shares, Cargo Handlers fell $1.09 to close at $6.51 after exchanging 5,472 units, Caribbean Cream carved out a loss of 5 cents to $4.15 after crossing the exchange, with 8,221 stocks. Caribbean Flavours advanced 1 cent to end at $1.70 in exchanging 52,161 stock units, Caribbean Producers advanced 2 cents to settle at $2.82 after trading 5,501 shares, Dolphin Cove shed $1.20 to close at $8.80 with investors swapping 4,394 stocks. Everything Fresh declined 6 cents to 69 cents with 58,688 shares changing hands, Express Catering rose 5 cents in closing at $3.55 exchanging 24,359 stock units, Gwest Corporation advanced 2 cents to 77 cents with an exchange of 127,963 stocks. Honey Bun climbed 5 cents to $5.70 in switching ownership of 14,888 shares, iCreate gained 4 cents to end at 62 cents trading 50,617 stock units, Indies Pharma carved out a loss of 11 cents to end at $2.60 and clearing the market with 48,000 shares. Iron Rock Insurance rose 40 cents to $4.20, with 65 stock units crossing the market, KLE Group increased 17 cents to $1.32 in trading 200 shares, Knutsford Express climbed 24 cents to $6.80 in exchanging 6,947 stock units. Lasco Distributors fell 9 cents to end at $3.16, after trading 29,950 shares, Lasco Manufacturing rose 5 cents to end at $3.90 with 14,242 stocks changing hands, Limners and Bards dropped 11 cents to $2.94 after 52,737 shares crossed the market.

Lumber Depot shed 6 cents to end at $1.50 with an exchange of 68,094 stocks, Mailpac Group lost 7 cents in closing at $2.80 after exchanging 216,195 units, Medical Disposables carved out a gain of 4 cents in closing at $4.29, with 10,071 units crossing the exchange. Stationery and Office Supplies fell 4 cents ending at $4.50 and crossing the exchange with 5,709 stocks, Tropical Battery fell 1 cent to settle at $1.19 after exchanging  41,197 stock units and tTech gained 60 cents to close at $4.90 after exchanging 30,774 stock units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Junior Market drops 21% in 2020

Add your HTML code here...

The Junior Market of the Jamaica Stock Exchange closed the year on Thursday, with a slight slippage of the index that put the year’s loss at 21 percent after the market lost 39.3 percent up to March 18 at the year’s low point.
It was a brutal year for the fledgling companies as only seven recording gains during the year as the vast majority of prices tumbled.
Trading ended with 38 securities changing hands compared to 37 on Wednesday and ended with the prices of nine stocks rising, 14 declining and 15 remaining unchanged.
At the close, the Junior Market Index slipped by 3.01 points to 2,643.38. The average PE Ratio ended at 13.9 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 5,626,924 shares for $14,533,347 compared to 5,982,419 units at $14,795,087 on Wednesday. Mailpac Group led trading with 46.9 percent of total volume with an exchange of 2.64 million shares, followed by Derrimon Trading with 9.8 percent with a transfer of 552,371 units and iCreate with 6.6 percent market share or 369,792 units.
Trading averaged 148,077 units at $382,457 in contrast to 161,687 at $399,867 on Wednesday. The month to date, averaged 263,428 units at $638,694, compared to 269,327 units at $651,799 on Wednesday. November closed with an average of 193,331 units at $566,885.
Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and three with lower offers.
At the close of the market, Access Financial shed 44 cents to finish at $23.50 trading 985 shares, Blue Power dropped 62 cents to $2.78 with an exchange of 1,000 stock units, CAC 2000 jumped $1.01 to $13 with investors switching ownership of 975 stocks. Caribbean Cream rose 5 cents to $4.20 with 3,658 stock units changing hands, Caribbean Producers slipped 5 cents to $2.80 with 195,055 shares changing hands, Dolphin Cove climbed $1 to $10 with a transfer of 45,636 stocks. Elite Diagnostic lost 5 cents to end at $3 with 18,254 units passing through the market, Everything Fresh closed 2 cents higher at 75 cents with an exchange of 120,050 stock units, Express Catering fell 9 cents to $3.50 with investors switching ownership of 115,500 shares. Fontana dropped 22 cents to $5.55 with 44,184 units changing hands, Fosrich lost 20 cents to end at $4 with the trading of 186,278 stocks, Honey Bun slipped 5 cents to $5.65 with a transfer of 31,432 stock units. iCreate exchanged 369,792 shares and declined 2 cents to 58 cents, Knutsford Express fell 24 cents to $6.56 with 5,803 units passing through the market, Lasco Distributors increased 9 cents to $3.25 with 15,630 stocks changing hands. Lasco Manufacturing advanced 15 cents to $3.85 with 10,310 stock units traded, Limners and Bards lost 10 cents to close at $3.05 with a transfer of 197,501 shares, Lumber Depot slipped 2 cents to $1.56 with 224,630 stocks passing through the market. Mailpac Group exchanged 2,639,122 units and declined by 1 cent to end at $2.87, Main Event dropped 19 cents to $3.20 with investors switching ownership of 49,287 stock units, Medical Disposables rose 5 cents to $4.25 with 131,782 units changing hands. SSL Venture gained 2 cents to close at 57 cents with 11,566 stocks traded and Stationery and Office Supplies advanced 24 cents to $4.54 with 2,000 shares crossing the exchange.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Junior Market at 8 ½ months high

Trading ended with 37 active securities down from 39 on Tuesday, as investors pushed prices of 20 stocks higher and four lower while holding prices of 13 stable, helping the Junior Market Index to inch 9.94 points higher, to 2,646.39, for the highest close of the Junior Market of the Jamaica Stock Exchange since April 14 this year.
At the close, 46 percent more shares were traded than on Tuesday, with 5,982,419 units changing hands for $14,795,087 compared to 4,103,575 units at $9,392,768 on Tuesday. The PE Ratio averages 14 based on ICInsider.com’s forecast of 2020-21 earnings.
Mailpac Group led trading with 47.6 percent of total volume for 2.85 million shares, followed by Tropical Battery with 19.2 percent with a transfer of 1.15 million units and Derrimon Trading with 5.2 percent market with an exchange of 312,827 shares.
Trading averaged 161,687 units at $399,867 in contrast to 105,220 at $240,840 on Tuesday. The month to date, averaged 269,327 units at $651,799, compared to 274,968 units at $665,002 on Tuesday. November closed with an average of 193,331 units at $566,885.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, AMG Packaging rose 6 cents to $1.66 with an exchange of 1,591 shares, Blue Power advanced 11 cents to $3.40 with a transfer of 100 units. CAC 2000 jumped $1.99 to $11.99 with 287 stocks changing hands following release of full-year results, showing a profit of $33 million, with most of it earned in the last quarter. Cargo Handlers climbed 29 cents to $7.60 with 1,000 units traded, Caribbean Cream declined by 4 cents to $4.15 with 100,034 stock units passing through the market, Caribbean Flavours slipped 1 cent to $1.69 with 13,549 stocks changing hands. Dolphin Cove jumped $1.55 to close at $9 with an exchange of 51,250 shares, Elite Diagnostic advanced 19 cents to $3.05 with a transfer of 105,045 units, Fontana gained 17 cents to settle at $5.77 with 117,820 stocks changing hands. Fosrich rose 4 cents to $4.20 with 23,689 stock units traded, General Accident climbed 20 cents to $6.19 with 32,872 shares crossing the exchange, GWest Corporation closed 2 cents higher at 75 cents with ownership of 63,862 units switching. Indies Pharma increased by 5 cents to $2.71 with an exchange of 3 4,926 stock units, Jamaican Teas rose 2 cents to $1.99 with a transfer of 198,561 stocks, Jetcon Corporation advanced 23 cents to 79 cents with 37,231 stock units changing hands. Lasco Distributors rose by 8 cents to $3.16 trading 15,763 shares, Lasco Financial climbed 6 cents to $2.76 with 2,568 stocks changing hands, Lasco Manufacturing dropped 18 cents to $3.70 with investors switching ownership of 41,293 units.  Limners and Bards rose 1 cent to $3.15 with 130,979 stock units traded, Lumber Depot gained 2 cents to end at $1.58 with a transfer of 272,500 shares, Mailpac Group exchanged 2,848,891 units and increased 9 cents to $2.88. Paramount Trading closed 1 cent higher at $1.45 with 15,085 stocks changing hands and Tropical Battery gained 8 cents to finish at $1.20 with 1,149,078 shares trading.
In the preference segment, Derrimon Trading fell 5 cents to $1.95 with 5,000 units changing hands.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Junior Market ends firm on Tuesday

Modest gains recorded at the start of trading on Tuesday and lasting for most of the day dissipated in the fading minutes of the Junior Market activity, with the index closing flat after more stocks fell than rose as 45 percent more shares traded than on Monday.
Trading ended with 39 securities changing hands compared to 38 on Monday and concluded with the prices of 12 stocks rising, 16 declining and 11 unchanged.
The Junior Market index was unchanged at 2,636.45 points. The average PE Ratio ends at 13.9 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 4,103,575 shares for $9,392,768 compared to 2,824,415 units at $7,700,599 on Monday. Mailpac Group led trading with 34.4 percent of total volume with a transfer of 1.41 million shares, followed by Lumber Depot with 17.2 percent after an exchange of 706,081 units and Derrimon Trading with 12.7 percent market share or 522,336 units.
Trading averaged 105,220 units at $240,840 compared to 74,327 at $202,647 on Monday. Trading month to date, averaged 274,968 units at $665,002, versus 284,894 units at $689,804 on Monday. November closed with an average of 193,331 units at $566,885.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close of the market, Access Financial climbed 25 cents to $23.94 with 84 shares traded, AMG Packaging fell 5 cents to $1.60 with 109,342 units changing hands, Caribbean Cream slipped 1 cent to  $4.19 with 35 stocks changing hands. Caribbean Flavours rose 3 cents to $1.70 with an exchange of 142,855 stock units, Caribbean Producers gained 6 cents to close at $2.85 with a transfer of 119,500 shares, Consolidated Bakeries increased by 4 cents to $1.39 with 10,000 stocks traded. Elite Diagnostic lost 9 cents to finish at $2.86 with 545 units passing through the market, Everything Fresh rose 4 cents to 73 cents with 84,260 stock units changing hands, Fontana rose 10 cents to $5.60 with 44,901 shares exchanged. Fosrich gained 6 cents to settle at $4.16 with a transfer of 4,501 units, General Accident lost 6 cents to close at $5.99 with 7,673 stocks traded, Honey Bun dropped 10 cents to $5.70 with a transfer of 80,495 stock units. iCreate finished 1 cent higher at 60 cents with investors switching ownership of 17,664 shares, Indies Pharma fell 6 cents to $2.66 with 7,434 units passing through the market, Jamaican Teas declined by 2 cents and traded 324,771 stock units to end at $1.97. Jetcon Corporation dropped 14 cents to close at a 52 weeks’ low of 56 cents, with 132,806 stocks changing hands, Knutsford Express rose by 10 cents to $6.80 with an exchange of 8,157 shares, Lasco Distributors fell 14 cents to $3.08 with a transfer of 5,500 units. Lasco Financial slipped 6 cents to $2.70 with 2,614 stocks passing through the market, Lasco Manufacturing slipped 1 cent to $3.88 with 1,152 stock units traded, Limners and Bards advanced 11 cents to $3.14 trading 52,754 shares. Mailpac Group exchanged 1,412,146 stocks and gained 1 cent to settle at $2.79, Main Event climbed 40 cents to $3.39 with a transfer of 4,613 units, SSL Venture declined by 2 cents to 55 cents with 12,202 stock units changing hands. Stationery and Office Supplies shed 20 cents to finish at $4.30 with 1,760 stocks traded and Tropical Battery slipped 4 cents to $1.12 with 160,687 shares crossing the exchange.
In the preference segment, CAC 2000 9.5% declined by 1 cent to end at $1.11 with a transfer of 608 stock units and Derrimon Trading preference share fell 10 cents to $2 with 19,163 units changing hands.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Santa Claus rally continues on Junior Market

Trading pressure continued to place an upward push on the Junior Market of the Jamaica Stock Exchange after the market reopened on Monday after closing for the Christmas holiday last week. The market index climbed 42.05 points to 2,636.45, with an even number of stocks advancing and declining after investors exchanged 20 percent fewer shares than on Thursday.
Trading ended with 38 securities changing hands compared to 33 on Thursday and closed with the prices of 13 stocks each, rising and falling and 12 remaining unchanged.
The average PE Ratio ended at 13.9 based on ICInsider.com’s forecast of 2020-21 earnings.
Trading ended with an exchange of 2,824,415 shares for $7,700,599 compared to 3,548,314 units at $8,469,026 on Thursday. Mailpac led trading with 27.5 percent of total volume for 777,744 shares, followed by Limners and Bards, 14.9 percent, for an exchange of 421,650 units and  Jamaican Teas with 12.6 percent after trading 356,419 units.
Trading averaged 74,327 shares at $202,647 versus 107,525 units at $256,637 on Thursday. Trading month to date averages 284,894 units at $689,804, down from 297,615 units at $719,234 on Thursday. November ended with an average of 193,331 units at $566,885.
Investor’s Choice bid-offer indicator reading shows three stocks with bids higher than their last selling prices and three with lower offers.
At the market close, Access Financial jumped $3.34 to $23.69 trading 18 shares, AMG Packaging rose 5 cents to $1.65 with 3,255 units changing hands, CAC 2000 climbed $2 to $10 with an exchange of 4,010 stocks. Cargo Handlers advanced 51 cents to $7.31 with a transfer of just four shares, Caribbean Flavours slipped 1 cent to $1.67 with 1,017 stock units traded, Caribbean Producers fell 10 cents to $2.79 with 75,228 units passing through the market. Derrimon Trading lost 1 cent to finish at $2.38 with 299,069 stocks changing hands, Elite Diagnostic lost 4 cents to close at $2.95 in exchanging 150 shares, Express Catering dropped 18 cents to $3.59 with a transfer of 19,400 stock units. Fontana gained 8 cents to end at $5.50 with 186,789 units traded, Fosrich rose 10 cents to $4.10, with investors switching 174,500 stock units,  General Accident fell 13 cents to $6.05 with 23,709 shares changing hands. GWest rose 3 cents to 73 cents, trading 500 stock units, Honey Bun slipped 5 cents to $5.80 with a transfer of 12,499 units, Jamaican Teas lost 1 cent, trading 356,419 stocks at $1.99. Jetcon Corporation dipped 1 cent to 70 cents with investors switching 108,764 shares, Lasco Distributors advanced 15 cents to $3.22 with 707 units changing hands, Lasco Financial climbed 30 cents to $2.76 with 18,721 stocks passing through the market. Lasco Manufacturing closed 1 cent higher at $3.89, trading 36,287 stock units, Lumber Depot declined by 3 cents to settle at $1.56 with a transfer of 1,292 shares, Mailpac Group traded 777,744 shares and lost 3 cents to end at $2.78. Medical Disposables fell 4 cents to $4.20 with investors switching ownership of 80 units, Stationery and Office Supplies slipped 4 cents to $4.50 with 1,908 stock units pass ing through the market, Tropical Battery gained 3 cents to finish at $1.16  with a transfer of 203,686 stocks and tTech advanced 10 cents to $4.30 with 80 shares crossing the exchange.
In the preference segment, CAC 2000 9.5% closed 2 cents higher at $1.12 with 1,000 units changing hands.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

More big price changes for IC TOP10

Last week, the Junior Market continued to move higher, closing higher than the prior week as the market index continues to flirt with the 2,600 points mark ahead of breaking higher and ended at the highest weekly close since mid-August as the bullish golden cross takes full hold on the market to launch a big rally.

Carreras stock price rose 14% during the past week.

In the process of the Junior and Main Market rising this past week, it ended with no new change to the TOP10 lists but there were some price movements of note during the week. Caribbean Producers having fell to $2.74 in the previous week rebounded 5 percent this past week to $2.89, while Lasco Financial lost 9 percent to close at $2.50.
The JSE Main Market rose to the highest level in nine trading days, during the week as it targets the 450,000 points level on the All Jamaica Composite Index in the next few weeks. Two stocks on the TOP10 made good gains in the week. Carreras that has lied in the top tier for some time, finally made a move, with a rise of 14 percent to $7.35 and now sits at no 6 spot, on the list. Radio Jamaica climbed another 13 percent this week, as sellers are less visible, with buyers pushing the price to $1.45 for a rise of 33 percent in just three weeks.
This week’s focus: The long awaited initial public offer of shares by Alliance Finance was announced this past week, with an offer for existing shareholders to sell 1.15 billion shares at $1.59 each. The prospectus containing details of the offer was released this past Wednesday, with the opening date of December 28. Other issues already announced are Sygnus Credit Investments, scheduled to close Wednesday gone, is extended to December 28. The original closing date was not convenient for some investors as the Christmas season placed pressure on some to meet the deadline. Key Insurance the smallest of the lot with a rights issue opens on December 28 and Derrimon Trading opens on January 8. Sygnus Credit Investments appears to be the best value offering with a PE below 10 times earnings.
The top three stocks in the Junior Market with the potential to gain between 220 to 350 percent by March 2021 are Caribbean Producers, followed by Elite Diagnostic and Lasco Financial, with Jamaican Teas slipping to 4th place. With expected gains of 133 to 221 percent, the top three Main Market stocks are, Berger Paints followed by Scotia Group and Grace Kennedy.
The local stock market’s targeted average PE ratio is 20 based 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 strong gains ahead. The JSE Main Market ended the week, with an overall PE of 16.4 and the Junior Market 14, 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 52 percent of the market average. The Main Market TOP 10 stocks trade at a PE of 9.3 or 57 percent of the PE of that market.
The average projected gain for the Junior Market IC TOP 10 stocks is 194 percent and 121 percent for the JSE Main Market, based on 2020-21 earnings. IC TOP10 stocks are likely to deliver 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 result in movements in and out of the lists weekly. Revisions to earnings per share are ongoing, based on receipt of new information.

Persons who compiled this report may have an interest in securities commented on in this report.

 

Christmas rally for Junior Market

Stocks mostly rose on Thursday at the close of the market ahead of the Christmas holidays on the Junior Market of the Jamaica Stock Exchange. The number of securities and volume of stocks trading dipped below Wednesday’s levels as 25 percent less funds chased stocks leading to a 30 percent fall in the volume of stocks changing hands.  
Trading ended with 33 securities changing hands compared to 40 on Wednesday and ended with the prices of 14 stocks rising, the prices of 10 declining and nine remaining unchanged.
At the close, the Junior Market Index climbed 27.65 points to 2,594.40, and the average PE Ratio ended at 14 based on ICInsider.com’s forecast of 2020-21 earnings.
Trading closed with 3,548,314 shares  at $8,469,026 down from 4,707,073 units at $11,350,211 on Wednesday. Mailpac Group led trading with 33.2 percent of total volume for 1.09 million shares, followed by Tropical Battery with 15.6 percent and 512,488 units and Derrimon Trading with 15.2 percent after 497,848 shares traded.
Trading averaged 107,525 units at $256,637 in contrast to 117,677 at $283,755 on Wednesday. The month to date, the average resulted from an exchange of 297,615 units at $719,234, compared to 308,140 units at $744,848 on Wednesday. Trading in November resulted in an average of 193,331 units at $566,885 trading.
Investor’s Choice bid-offer indicator reading shows seven stocks ended with bids higher than their last selling prices and three with lower offers.
At the close of the market, Access Financial shed 25 cents in ending at $20.35 while exchanging  12,767 shares, Caribbean Cream lost 26 cents to close at $4.20, with 76 units crossing the exchange, Caribbean Flavours shed 1 cent to close at $1.68 trading 4,701 stocks. Caribbean Producers gained 9 cents to close at $2.89 trading 7,504 shares, Consolidated Bakeries carved out a loss of 4 cents to end at $1.35, after owners switched 7,200 stock units, Derrimon Trading rose 9 cents to $2.39, with 497,848 units crossing the market. Elite Diagnostic advanced 13 cents to $2.99 after exchanging 3,386 shares, Everything Fresh rose 4 cents to 69 cents while exchanging 171 stock units, Fontana carved out a gain of 2 cents in closing at $5.42, with 75,906 stocks crossing through the exchange Fosrich declined by 15 cents to $4 while exchanging 32,750 stock units, General Accident increased 19 cents to end at $6.18 with investors swapping 19,873 units, Honey Bun lost 15 cents in closing at $5.85, trading 729 shares.  iCreate fell 2 cents to close at 59 cents after  56,731 stock units crossed the market, Iron Rock Insurance increased 3 cents to $3.80 with investors swapping 31,140 units, Jamaican Teas advanced 10 cents in closing at $2 and finishing, with 310,384 stock units changing hands. Knutsford Express gained 5 cents to close at $6.70 after trading 13,282 stock units, Lasco Distributors climbed 1 cent to settle at $3.07 with 9,043 shares clearing the market, Lasco Financial carved out a loss of 30 cents to close at $2.46 after exchanging 160,000 shares. Lasco Manufacturing gained 20 cents to close at $3.88, with 48,392 stock units changing hands, Limners and Bards rose 15 cents to $3.03 and traded 221,801 units, Lumber Depot increased 3 cents to $1.59 after finishing trading with 49,500 shares. Mailpac Group increased 2 cents to $2.81, trading 1,089,697 shares, Main Event dropped 41 cents to end at $2.99 with an exchange of 7,589 stocks and Tropical Battery fell 2 cents to $1.13, exchanging 512,488 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

More slippage for Junior Market on Wednesday

Declining stocks beat out rising ones leading to a modest fall in the market index for a second day on the Jamaica Stock Exchange Junior Market at the close on Wednesday, as 43 percent fewer shares traded than on Tuesday.
Trading ended with 40 securities changing hands, up from 37 on Tuesday, closing with prices of 15 stocks rising, 18 falling and seven remaining unchanged.
At the close, the Junior Market Index declined by 1.98 points to settle at 2,566.75. The average PE Ratio ended at 13.9 based on ICInsider.com’s forecast of 2020-21 earnings.
Trading accounted for 4,707,073 shares for $11,350,211 versus 8,230,022 units at $21,433,604 on Tuesday. Lumber Depot led trading with 18.4 percent of total volume or 864,828 shares, followed by Mailpac Group with 13.3 percent after a transfer of 626,578 stock units and Caribbean Producers with 10.4 percent market share for an exchange of 491,823 units.
Trading averaged 117,677 units at $283,755 in contrast to 222,433 at $579,287 on Tuesday. Month to date averaged 308,140 units at $744,848, down from 321,842 units at $778,020 on Tuesday. November averaged 193,331 units at $566,885.
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 of trading, Access Financial rose 10 cents to $20.60 in exchanging 2,270 shares, Blue Power jumped 54 cents to $3.29 with a transfer of 605 stocks, CAC 2000 dropped $2 to $8 with 2,760 stock units changing hands, Caribbean Assurance Brokers rose 4 cents to $1.89 with 500 units traded, Caribbean Cream slipped 3 cents to $4.46 with 200 shares crossing the market, Caribbean Flavours gained 4 cents to settle at $1.69, trading 121,491 stocks. Caribbean Producers exchanged 491,823 units and increased 5 cents to end at $2.80, Derrimon Trading dipped 10 cents to $2.30 with a transfer of 333,993 stocks, Dolphin Cove advanced 15 cents to $7.45 with 3,800 units changing hands, Elite Diagnostic fell 13 cents to $2.86 with 151,411 stock units traded, Everything Fresh slipped 9 cents to 65 cents with 21,581 shares passing through the market, Express Catering climbed 27 cents to $3.77 with investors switching ownership of 7,123 units. Fontana lost 8 cents to finish at $5.40, exchanging 235,128 stock units, Fosrich declined by 5 cents to end at $4.15 with a transfer of 7,079 shares, General Accident rose 1 cent to $5.99 with 152,121 units changing hands. GWest Corporation slipped 3 cents to 70 cents with 2,855 stock units traded, Honey Bun dipped 10 cents to $6 with 50,272 stocks passing through the market, iCreate fell 3 cents to 61 cents with investors switching ownership of 103,335 units. Indies Pharma lost 2 cents to settle at $2.72 with 735 stocks changing hands, Iron Rock Insurance jumped 57 cents to $3.77 with a transfer of 12,283 shares, Jamaican Teas slipped 10 cents to $1.90 with 381,673 stock units changing hands. Jetcon Corporation declined 6 cents to end at 71 cents with 326,592 units traded, Knutsford Express advanced 15 cents to $6.65 with 10,774 shares passing through the market, Lasco Distributors dropped 19 cents to $3.06 with investors switching 16,501 stocks. Lasco Financial slipped 1 cent to $2.76 with a transfer of 11,500 stock units, Lasco Manufacturing fell 12 cents to $3.68 with an exchange of 12,000 units, Limners and Bards closed 1 cent higher at $2.88 with 309,488 shares changing hands. Mailpac Group traded 626,578 stocks and increased by 3 cents to settle at $2.79, Main Event jumped 35 cents to $3.40 with 26,037 units passing through the market, Medical Disposables lost 3 cents to finish at $4.24 with investors trading 15,000 shares. SSL Venture rose 6 cents to 57 cents with 250 stock units changing hands, Tropical Battery slipped 1 cent to $1.15 with 389,844 stocks changing hands and tTech lost 1 cent to end at $4.20 with 2,000 shares crossing the exchange.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Обновили на порносайте pornobolt.tv порно страничку о том как парень выебал пизду мачехи, которая устала от своего муженька Комиксы, Манга читать онлайн на Русском языке

Brand new Partner with our doctors to make you happy is Omtogel RTP

Play Pin-up aviator Slots and e-Diet in Polska.