Trading surged with investors chasing after 156 percent more shares worth 388 percent more than Monday’s levels on the Junior Market of the Jamaica Stock Exchange closed on Tuesday.
Trading concluded with 38 securities changing hands compared to 37 on Monday and ended with the prices of 11 stocks rising, 21 declining and six with prices remaining unchanged.
At the close, the Junior Market Index carved out a loss of 3.87 points to settle at 2,457.96 and the PE Ratio averaged 10.9 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 8,285,311 shares for $34,641,926 compared to 3,238,878 units at $7,097,152 on Monday. General Accident led trading with 55.7 percent of total volume in exchanging 4.61 million shares, followed by Lumber Depot with 7.7 percent or 640,674 units and Tropical Battery with 7.4 percent after trading 610,629 units.
Trading ended with an average of 218,035 units at $911,630 in contrast to 87,537 at $191,815 on Monday. For October to date, the average trade ended with an exchange of 245,781 units at $554,280, compared to 247,644 units at $530,288 on Monday. Trading in
September ended with an average of 119,171 units at 249,355.
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.
At the close of the market, Access Financial advanced 34 cents to end at $21.84 after exchanging 127 stock units, AMG Packaging gained 23 cents to finish at $1.84 with 467,983 stock units changing hands, Blue Power rose 1 cent to $3.45 with investors transferring 1,721 stock units. Caribbean Assurance Brokers lost 4 cents to close at $1.80 with5,152 shares passing through the market, Caribbean Cream dropped 50 cents to end at $4 with 40,500 stock units traded, Caribbean Flavours slipped 2 cents to $1.73 in an exchange of 24,200 units. Caribbean Producers increased by 5 cents to finish at $2.30 with 11,174 shares changing hands, Derrimon Trading gained 5 cents to settle at $2.55 with investors swapping 32,027 stocks, Dolphin Cove shed 99 cents to close at $6 with 1,500 stocks passing through the market. Elite Diagnostic lost 1 cent to end at $3.05 with an exchange of 110,352 stock units, Everything Fresh gained 1 cent to finish at 72 cents with 44,626 units changing hands, Express Catering climbed 26 cents to settle at $3.45 with investors transferring 5 stocks. 
Fontana fell 5 cents to close at $4.80 with 238,266 shares passing through the market, Fosrich lost 4 cents to end at $3.16 with 5,205 stocks traded, General Accident dropped 14 cents and exchanged 4,614,219 stock units to finish at $6. GWest Corporation fell 12 cents to 78 cents with 11,863 stocks changing hands, Honey Bun fell 1 cent to $4.73 after the trading of 33,925 stock units, iCreate declined by 3 cents to close at 67 cents with 25,200 stock units passing through the market. Indies Pharma increased by 7 cents to end at $2.82 with 55,824 stocks traded, ISP Finance jumped $5 to finish at $23.50 with an exchange of 241 shares, Jamaican Teas lost 2 cents to settle at $4.97 with 56,823 stock units changing hands. Jetcon Corporation dipped 11 cents to close at 69 cents with 493,155 units changing hands, Knutsford Express shed 60 cents to end at $6.30 with the transferring of 16,100 shares, Lasco Distributors rose 10 cents to finish at $3.15 with 99,650 units passing through the market. Lasco Financial dropped 2 cents to settle at $2.07 with 81,825 units traded, Limners and Bards declined by 6 cents to close at $2.60 with an exchange of 19,201 units, Lumber Depot climbed 10 cents, exchanging 640,674 stock units to end at $1.14. Mailpac Group slipped 2 cents to finish at $1.96 with 377,510 stocks changing hands, Medical Disposables lost 3 cents to settle at $4.80 with investors switching ownership of 5,487 stock units, Paramount Trading dropped 20 cents to close at $1.50 with 13,840 stock units passing through the market. Stationery and Office Supplies shed 48 cents to end at $4.50 in trading 52 stock units and Tropical Battery fell 5 cents to finish at $1.20 with 610,629 stock units crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows three stocks ending with bids higher than their last selling prices and four with lower offers.
Fontana shed 12 cents to end at $4.85, in transferring 230,602 shares, Fosrich gained 5 cents to close at $3.20, trading 5,350 units, General Accident shed 36 cents in closing at $6.14, with 44,300 shares passing through the market. Honey Bun shed 11 cents in closing at $4.74, in an exchange of 1,300 units, Indies Pharma lost 10 cents to finish at $2.75, with 4,000 units changing hands, Iron Rock Insurance slipped 1 cent to $2.50 in transferring 5,608 stock units. Jamaican Teas gained 10 cents to end at $4.99 trading 23,045 shares, Jetcon Corporation shed 9 cents to settle at 80 cents, with 68,521 shares passing through the market, Knutsford Express gained 16 cents to end at $6.90 trading 38,902 shares. Lasco Distributors fell 10 cents to $3.05, with investors switching ownership of 97,738 shares, Lasco Financial gained 2 cents to close at $2.09 with a transfer of 7,507 units, Lasco Manufacturing closed at $3.40, after gaining 3 ents trading 148,294 shares. Limners and Bards climbed 33 cents to $2.66, with 122,674 shares changing hands, Lumber Depot lost 6 cents to settle at $1.04, after the transferring of 82,337 shares, Mailpac Group lost 1 cent to close at $1.98, with investors switching ownership of 342,904 shares. Medical Disposables gained 58 cents to end at $4.83 in an exchange of 1,629 units, Stationery and Office Supplies picked up 1 cent to settle at $4.98 trading 700 units and Tropical Battery gained 6 cents in closing at $1.25, with 1,457,400 shares passing through the market.
The Main and Junior Markets closed the past week lower than the close of the previous week, with the Main market at a higher level than the third week of July, while the Junior Market continues at the lowest levels since the early summer months. 
Lasco Financial and Elite Diagnostic. 
The focus on all three is on the 2021 fiscal year profit, projected to recover from reduced profit for the 2020 financial year. With expected gains of 151 to 227 percent, the top three Main Market stocks are Berger Paints, followed by JMMB Group and Grace Kennedy. 
The JSE Main Market ended the week, with an overall PE of 16.1 and the Junior Market 12.2, based on ICInsider.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 5.7 at just 47 percent to the Junior Market average. The Main Market TOP 10 stocks trade at a PE of 8.4 or 52 percent of the PE of that market.
IC TOP 10 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 for most weeks. Revisions to earnings per share are ongoing, based on receipt of new information.
Seventy-five percent or 33 of listed stocks traded, compared to 35 on Thursday and ended with the prices of 15 stocks rising, 11 declining and seven closing with prices remaining unchanged.
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 slipped 1 cent to finish at 90 cents with 13,939 units passing through the market, iCreate gained 10 cents to settle at 70 cents with investors switching ownership of 2,000 stock units, Indies Pharma advanced 17 cents to end at $2.85 with 371 units changing hands. Iron Rock Insurance added 1 cent to close at $2.51, with an exchange of 13,282 units, ISP Finance jumped $2.49 to finish at $18.50 trading 204 units, Jamaican Teas declined 11 cents to $4.89 with 88,260 shares traded. Jetcon Corporation increased 9 cents to end at 89 cents with investors transferring 9,000 stock units, Lumber Depot gained 6 cents to close at $1.10 with 128,808 shares changing hands, Mailpac Group rose 4 cents in an exchange of 251,531 stock units to settle at $1.99. Main Event advanced 70 cents to finish at $3.70, with 2,955 stocks passing through the market, Medical Disposables climbed 35 cents to end at $4.25 with 4,033 shares traded. Stationery and Office Supplies declined 3 cents to close at $4.97, with investors switching ownership of 1,598 stocks and Tropical Battery lost 4 cents to settle at $1.19 with 462,122 shares crossing the exchange.
Like Wednesday, trading ended with 35 securities changing hands on Thursday and concluded with 15 stocks rising, the prices of 15 declining and five with prices remaining unchanged.
At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows four stocks ended with bids higher than their last selling prices and five with lower offers.
Jetcon Corporation gained 2 cents to finish at 80 cents with investors switching ownership of 27,328 stock units, KLE Group declined 32 cents to close at a 52 weeks’ low of $1.10 with 9,000 units passing through the market, Knutsford Express jumped $1.03 to end at $6.74 with 7,833 units changing hands. Lasco Distributors advanced 14 cents to finish at $3.15 with an exchange of 44,587 units, Lasco Financial gained 2 cents to settle at $2.07 with 5,589 stocks traded, Lasco Manufacturing fell 8 cents to close at $3.37 with investors transferring 25,072 units. Limners and Bards dropped 17 cents to end at $2.33 with 95,783 stock units trading, Lumber Depot finished 1 cent higher at $1.04 with 275,023 units changing hands, Mailpac Group dipped 4 cents to settle at $1.95 with an exchange of 571,731 units. Medical Disposables shed 65 cents to close at $3.90 with investors switching ownership of 1,045 shares, SSL Venture rose 9 cents to end at 59 cents with 200 units changing hands, Stationery and Office Supplies advanced 15 cents to finish at $5 with 1,700 units passing through the market. Tropical Battery gained 3 cents, trading 1,139,241 shares to settle at $1.23 and tTech dropped 90 cents to close at $5.50 with 1,363 shares crossing the exchange.
At the close of market activities, the Junior Market Index lost 56.8 points after falling nearly 11 points on Tuesday to settle at 2,443.91. Trading ended with 35 securities changing hands compared to 36 on Tuesday, with the prices of 11 stocks rising, 17 declining and seven with prices remaining unchanged.
At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows six stocks ended with bids higher than their last selling prices and three with lower offers.
Knutsford Express shed 59 cents to end at $5.71 with an exchange of 11,623 stock units, Lasco Distributors declined by 9 cents to settle at $3.01 with 54,695 units changing hands, Lasco Financial slipped 2 cents to $2.05 with investors trading 180,442 units. Lasco Manufacturing advanced 3 cents to finish at $3.45 with 6,027 stocks passing through the market, Limners and Bards dropped 17 cents to close at $2.50 with an exchange of 29,545 stock units, Lumber Depot lost 5 cents trading 256,149 shares at $1.03. Main Event shed 74 cents to settle at $3 with 95,310 stocks changing hands, Medical Disposables climbed 25 cents to finish at $4.55 with investors switching ownership of 25,210 units, Stationery and Office Supplies shed 70 cents to close at $4.85 with 18,193 units passing through the market and Tropical Battery gained 6 cents to end at $1.20 with 696,728 stock units crossing the exchange.
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 three with lower offers.
Jetcon Corporation rose 9 cents to settle at 89 cents, clearing the market with 35,416 shares, Knutsford Express dipped 45 cents to $6.30, trading 10,004 stock units, Lasco Distributors shed 5 cents to close at $3.10 after crossing the market, with 441,987 shares. Lasco Financial lost 1 cent in closing at $2.07, with 36,683 stock units passing through the market, Lasco Manufacturing slipped 3 cents to $3.42, with 10,900 stock units crossing the exchange, Lumber Depot gained 3 cents in ending at $1.08 and exchanging 370,772 shares. Mailpac Group rose 1 cent to close at $1.99, with a transfer of 422,033 stocks, Main Event rose 49 cents to $3.74 in an exchange of 600 units, Medical Disposables gained 79 cents in closing at $4.30, with 20,154 stock units changing hands. Tropical Battery lost 3 cents to finish at $1.14, in trading 3,944,991 shares and tTech rose 90 cents to settle at $6.40 after exchanging 1,000 units.
The top three stocks in each market saw no change in ranking, leaving the top three Junior Market stocks with the potential to gain between 293 to 705 percent by March 2021. Caribbean Producers heads the list, followed by Lasco Financial and Elite Diagnostic. The focus on all three is on the 2021 fiscal year profit, projected to recover from reduced profit for the 2020 financial year. With expected gains of 151 to 245 percent, the top three Main Market stocks are Berger Paints, followed by JMMB Group and
The Junior and Main markets are currently trading well below this level, indicating the potential gains ahead. The JSE Main Market ended the week, with an overall PE of 15.8 and the Junior Market 11.6, based on ICInsider.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 5.7 at just 49 percent to the Junior Market average. The Main Market TOP 10 stocks trade at a PE of 8.5 or 54 percent of the PE of that market.
IC TOP 10 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 the selection process in and out of the lists for most weeks. Revisions to earnings per share are ongoing, based on receipt of new information.
The Investor’s Choice bid-offer indicator reading for the market shows six stocks ending with bids higher than their last selling prices and four with lower offers after one stock ended at a 52 weeks’ low.
Indies Pharma fell 23 cents to end at $2.66 with 16,033 shares changing hands, ISP Finance jumped $5.95 to finish at $25.95 with investors switching ownership of 8,022 shares, Jamaican Teas lost 13 cents to settle at $4.86 with 123,392 stock units traded. Jetcon Corporation lost 7 cents to close at 80 cents with 92,849 shares passing through the market, Knutsford Express fell 10 cents to end at $6.75 with an exchange of 1,780 stocks, following the release of results showing a loss in the first quarter, Lasco Distributors slipped 2 cents to $3.15 with 632 units changing hands. Lasco Financial increased 3 cents to $2.08 with investors transferring 258 stock units, Lasco Manufacturing declined by 13 cents to settle at $3.45 with 2,000 stocks passing through the market, Limners and Bards advanced 7 cents to close at $2.67 with an exchange of 35,992 units. Mailpac Group advanced 3 cents, trading 351,137 units to end at $1.98, Main Event dropped 15 cents to finish at $3.25 with 710 stocks changing hands, Medical Disposables shed $1.23 to settle at $3.51 with investors switching ownership of 13,330 units. Stationery and Office Supplies climbed 68 cents to close at $5.55 with 14,100 stock units traded and Tropical Battery rose 1 cent to finish at $1.17 with 379,495 shares crossing the exchange.
At the close of the market, AMG Packaging lost 14 cents to settle at $1.86 after exchanging 11,664 shares, Blue Power climbed 40 cents to end at $3.46 with investors transferring 100 units, Caribbean Cream rose 1 cent to finish at $4.71 with 32,500 stocks passing through the market Caribbean Flavours shed 53 cents to close at $1.76 with the trading 879,378 stocks, Caribbean Producers gained 4 cents to settle at $2.20 with 100,000 shares changing hands, Derrimon Trading advanced 9 cents to end at $2.65 with an exchange of,5,000 stock units. Elite Diagnostic fell 9 cents to finish at $3.05 with investors switching ownership of 2,050 shares, Express Catering jumped 35 cents to $3.90 with 120 units passing through the market, Fontana dropped 30 cents to settle at $4.65 with 164,450 stock units traded. Fosrich advanced 19 cents to end at $3.39 with 300 stock units changing hands, Honey Bun rose 8 cents to finish at $4.89 with investors transferring 7,907 units, iCreate gained 6 cents to close at 72 cents with 42,657 shares passing through the market. 
Jamaican Teas rose 8 cents, with an exchange of 318,487 shares to settle at $4.99 Jetcon Corporation ended 2 cents higher at 87 cents with 20,005 stock units changing hands, KLE Group advanced 6 cents to finish at $1.42 with 1,250 stocks traded. Knutsford Express jumped $1.05 to close at $6.85 with investors switching ownership of 11,579 units, Lasco Financial lost 4 cents to settle at $2.05 with 7,944 shares passing through the market, Lasco Manufacturing increased 22 cents to end at $3.58 with an exchange of 32,849 shares. Limners and Bards fell 9 cents to finish at $2.60 with 85,853 units changing hands, Lumber Depot rose 1 cent, trading 108,529 stocks to close at $1.05, Mailpac Group finished 1 cent higher at $1.95 with investors transferring 58,758 stock units. Main Event advanced 14 cents to settle at $3.40 with an exchange of 17,963 units, Medical Disposables climbed 44 cents to end at $4.74 with 23,588 stock units passing through the market and tTech jumped 50 cents to $5.50 with 1,000 stock units crossing the exchange.
