Trading closed on Tuesday, with the volume and value of stocks trading down 60 percent, respectively, from Monday levels on the Jamaica Stock Exchange Junior Market. Market activity led to advancing stocks just edged out by decliners. Yet, the market index ended the day with a robust gain that reverses the majority of the losses of the previous three days.
Market activity led to 34 securities trading as was the case on Monday and ended with ten rising, 11 declining and 13, closing unchanged. The Junior Market Index increased 39.13 points to settle at 3,359.97.
The PE Ratio, a measure used to compute appropriate stock values, averages 14.3. The PE ratio of each stock is shown in the chart below, is based on earnings forecasted by ICInsider.com for companies with their financial year ending up to August 2022.
Trading ended with 2,607,012 shares changing hands for $8,672,047 compared to 6,562,086 units at $21,893,075 on Monday. Lumber Depot led trading with 943,890 shares for 36.2 percent of total volume, followed by Jamaican Teas with 587,549 units for 22.5 percent of the day’s trade and Future Energy Source with 282,965 units for 10.9 percent market share.
Trading averaged 76,677 shares at $255,060 down from 193,003 shares at $643,914 on Monday and trading month to date, ended with an average of 903,146 units at $2,611,225, down from 1,101,032 units at $3,175,499 on Monday. November closed with an average of 160,358 units at $581,730.
Investor’s Choice bid-offer indicator shows five stocks ended, with bids higher than their last selling prices and three with lower offers.
At the close, CAC 2000 rose 71 cents to $7.81 while exchanging 500 shares, Caribbean Assurance Brokers spiked 21 cents to $2.82 in exchanging 32,726 stock units, Caribbean Cream gained 4 cents in closing at $5.84 after trading 1,467 stocks. Consolidated Bakeries dropped 27 cents to close at $1.23, trading 20,000 units, Dolphin Cove increased 15 cents to end at $12.65, with 24,374 units clearing the market, Elite Diagnostic lost 10 cents in ending at $3 in an exchange of 10,000 stock units. Fontana shed 9 cents to end at $7.15, with 41,534 stocks changing hands, General Accident declined 73 cents to $5.40, with 12,153 shares crossing the exchange, Honey Bun fell 35 cents to $9.35 after 6,160 shares changed hands. 
Jamaican Teas advanced 22 cents to close at $3.89 after exchanging 587,549 units. Lasco Financial shed 6 cents to $3.06, with 16,085 stock units crossing the market. Lasco Manufacturing popped 6 cents to end at $4.86 after trading 60,072 stocks. Lumber Depot lost 22 cents to close at $3.10 with an exchange of 943,890 shares, Mailpac Group rallied 13 cents in closing at $3.25, with 225,230 stocks crossing the exchange, Paramount Trading climbed 5 cents to $1.30 with the swapping of 5,000 units and Stationery and Office Supplies spiked 66 cents to close at $6.26 in switching ownership of 693 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Modest trading session in Trinidad
Market activity ended in a subdued manner on Tuesday, resulting in more stocks rising than falling, after trading volume surged 275 percent, with 70 percent higher value than on Monday, on the Trinidad and Tobago Stock Exchange.
At the close, 13 securities traded down from 18 on Monday, with two rising, three declining and eight ending unchanged. The Composite Index fell 4.63 points to settle at 1,451.80. The All T&T Index declined 8.17 points to 1,998.54 and the Cross-Listed Index slipped 0.12 points to settle at 121.46.
A total of 492,677 shares traded, for $3,192,093 compared to 131,472 units at $2,120,497 on Monday. An average of 37,898 units traded at $245,546 compared to 7,304 shares at $117,805 on Monday, with trading month to date averaging 18,975 units at $294,304 versus 14,942 units at $304,695. The average trade for November amounts to 35,109 units at $290,897.
Investor’s Choice bid-offer indicator shows eight stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Angostura Holdings shed 10 cents to end at $17.90 in an exchange of 50 shares, Ansa McAl traded 3,280 units at $59.99, Ansa Merchant Bank ended at $43 after 1,000 stocks changed hands. 
Clico Investment Fund had an exchange of 12,572 shares at $29, First Citizens Group rallied $4.25 to $56.50, with 3,902 stock units clearing the market, GraceKennedy ended at $6.10 after an exchange of 267 units. Guardian Holdings traded 8,596 stocks at $30.33, JMMB Group declined 4 cents in ending at $2.24 with the swapping of 437,755 shares, Massy Holdings advanced $3.83 to $95.58 while exchanging 1,110 units. Republic Financial Holdings remained at $138 with 440 shares changing hands, Scotiabank fell $1.01 to $65.99 after trading 11,954 stock units, Trinidad Cement finished unchanged at $3.85, with 1,612 units crossing the market and Unilever Caribbean traded 10,139 shares in ending at $16.20.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Main Market stocks drop to open week
Market activity ended on Monday, with the volume of shares trading rising 20 percent and the value ending 54 percent higher than on Friday on the Jamaica Stock Exchange Main Market as rising stocks exceeded those declining by a narrow margin.
The All Jamaican Composite Index declined 1,914.65 points to 429,231.19, the JSE Main Index dropped 1,558.17 points to end at 388,388.22 and the JSE Financial Index lost 0.42 points to close at 95.01.
Trading stirred 50 securities compared to 52 on Friday, with 19 rising, 17 declining and 14 ending unchanged.
The PE Ratio, a formula for computing appropriate stock values, averages 15.6. The PE ratio for the JSE Main and USD Market closing quotes are based on earnings forecasted by ICInsider.com for companies with financial years ending between the current year and August 2022.
Trading ended with 9,012,171 shares changing hands for $158,576,454 versus 7,483,770 units at $102,978,128 on Friday. Carreras led trading with 27.5 percent of total volume for an exchange of 2.48 million followed by Wigton Windfarm 24.9 percent with 2.25 million units and Caribbean Cement took 12.9 percent with 1.17 million shares.
Trading averages 180,243 units at $3,171,529, versus 143,919 shares at $1,980,34 on Friday and for the month to date, trading averages 527,241 units at $7,021,494, compared to 640,639 units at $8,279,653 on Friday. November closed with an average of 233,949 units at $2,695,416.
Investor’s Choice bid-offer indicator shows ten stocks ending with bids higher than their last selling prices and none with lower offers.
At the close, Barita Investments shed 85 cents to close at $90 after exchanging 10,168 stocks, Berger Paints popped 74 cents to $13.49 in trading 441 units, Caribbean Cement fell $12 to close at $71 with the swapping of 1,166,242 shares. Caribbean Producers dipped 40 cents to finish at $9.95 in transferring 47,353 stock units, Eppley Caribbean Property Fund declined $3.50 to settle at $36.50 in switching ownership of 648 stocks, First Rock Capital gained 60 cents to close at $10.60 after trading 1,600 stock units. Kingston Wharves declined $1 to $42.50 with 25,300 shares changing hands, Margaritaville fell $1 to $14.50 with the swapping of 12,800 stock units, Mayberry Investments spiked 99 cents to end at $7.99 with 41,946 stocks crossing the market.
NCB Financial shed $1.59 in closing at $121.21 with a transfer of 24,421 shares, 138 Student Living rallied $1.10 to $4.60, with 1,693 shares crossing the market, PanJam Investment fell $1.50 to $66.50 in an exchange of 78,298 units. Sagicor Group lost 54 cents to end at $51.86 in switching ownership of 1,587 stocks, Salada Foods shed 47 cents to finish at $6.03 with 31,500 stock units clearing the market, Scotia Group gained 50 cents after ending at $35.50 with 133,126 units changing hands and Supreme Ventures shed 30 cents to close at $17.70 with the swapping of 505 shares.
In the preference segment, Eppley 7.25% rose 40 cents to $20.40 in switching ownership of 104,829 shares and JMMB Group 7.35% – 2028 shed 81 cents after ending at $3.17 after trading 3,454 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
More slipping for JSE Junior Market
Trading closed on Monday, with the volume of stocks declining 95 percent and the value 94 percent less than on Friday on the Jamaica Stock Exchange Junior Market, but the day ended with more stock prices rising than declining.
Market activity led to 34 securities trading as was the case on Friday and ended with 15 rising, 11 declining and eight, closing unchanged.
The Junior Market Index suffered another decline at the close, falling 16.63 points to 3,320.84.
The PE Ratio, a measure used to compute appropriate stock values, averages 14.3. The PE ratio of each stock is shown in the chart below, is based on earnings forecasted by ICInsider.com for companies with their financial year ending up to August 2022.
Overall a total of 6,562,086 shares traded for $21,893,075 down sharply from 143,917,891 shares at $397,668,745 on Friday. Lumber Depot, for a second day, led trading with 4.08 million shares for 62.2 percent of total volume, followed by Caribbean Assurance Brokers with 717,376 units for 10.9 percent of the day’s trade and Mailpac Group with 290,554 units and 4.4 percent market share.
Trading averaged 193,003 shares at $643,914 in contrast to 4,232,879 shares at $11,695,894 on Friday with the month to date, averaging 1,101,032 units at $3,175,448 down from 1,386,894 units at $3,972,320 on Friday. November closed with an average of 160,358 units at $581,730.
Investor’s Choice bid-offer indicator shows six stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, Access Financial popped 50 cents to $20 in swapping 3 shares, Blue Power dropped 33 cents to $3.30 after trading 9,438 stock units, Cargo Handlers rose 97 cents to end at $7.98, with an exchange of one share. Caribbean Assurance Brokers fell 37 cents to $2.61 in trading 717,376 stocks, Caribbean Cream increased 10 cents to close at $5.80 with an exchange of 710 shares, Consolidated Bakeries rallied 5 cents to $1.50 after clearing the market with 10,000 stocks. Dolphin Cove fell 50 cents to $12.50 in an exchange of 89,323 stock units, Elite Diagnostic climbed 13 cents in closing at $3.10 in switching ownership of 10,785 units, Express Catering shed 5 cents to close at $5.65 while exchanging 22,069 stock units. Fontana declined 6 cents to end at $7.24, trading 117,190 units, General Accident gained 13 cents to close at $6.13, trading 1,130 shares, Honey Bun popped 5 cents to end at $9.70 in exchanging 21,564 stocks.
iCreate fell 5 cents in closing at 86 cents, with 100,948 stocks changing hands, Lasco Distributors spiked 5 cents to $3.10, with 60,310 stock units crossing the market, Limners and Bards lost 18 cents in ending at $3.37 after trading 136,434 units. Lumber Depot increased 57 cents in closing at $3.32 in an exchange of 4,083,632 shares, Mailpac Group declined 32 cents to $3.12 after exchanging 290,554 shares and Medical Disposables advanced 40 cents to end at $6.70, trading 19,149 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Prices mostly rise on JSE USD market
Trading on Monday ended with the volume of shares changing hands declining 69 percent, with a 92 percent lower value than on Friday, at the close of the Jamaica Stock Exchange US dollar market, resulting in more stocks rising than falling.
Trading ended with six securities changing hands, compared to six on Friday, with prices of four rising, two declining and none traded unchanged.
The JSE US Denominated Equities Index fell 3.09 points to end at 200.27. The PE Ratio, a measure used in computing appropriate stock values, averages 12.2. The PE ratio uses ICInsider.com earnings forecasts for each company, with the financial year ending during the current year up to August 2022.
Overall, 127,160 shares were traded for US$4,503 compared to 407,025 units at US$58,989 on Friday.
Trading averaged 21,193 units at US$751, compared to 67,838 shares at US$9,832 on Friday and the month to date, averaging 235,072 shares at US$46,683 versus 310,559 units at US$62,894 on Friday. Trading in November averaged 79,766 units for US$10,928.
Investor’s Choice bid-offer indicator shows two stocks ending with a bid higher than their last selling prices and none with a lower offer.
At the close, First Rock Capital USD share popped 0.4 of a cent to 7 US cents while exchanging 12,693 units, Margaritaville rose half a cent to 9.5 US cents, with 676 units changing hands, Proven Investments lost half a cent in closing at 23 US cents with an exchange of 12,250 shares. Sygnus Credit Investments USD share popped 2 cents to 12 US cents after trading 1,000 stock units, Sygnus Real Estate Finance USD share advanced 3 cents to 14 US cents after exchanging 55 stocks and Transjamaican Highway fell 0.12 of a cent to 0.78 US of one cent in exchanging 100,486 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Stocks fall on Trinidad Exchange on Monday
Trading activity slipped on Monday, resulting from a lower volume and the value of stocks changing hands with the number of securities exchanged rising compared to Friday, at the close of the Trinidad and Tobago Stock Exchange.
Overall, 18 securities traded compared to 15 on Friday, with prices of two rising, six declining and ten remaining unchanged. The Composite Index fell 3.73 points to 1,456.43, the All T&T Index dropped 6.21 points to 2,006.71 and the Cross-Listed Index declined 0.15 points to settle at 121.58.
A total of 131,472 shares traded for $2,120,497 versus 142,643 units at $2,630,248 on Friday. An average of 7,304 units traded at $117,805 compared to 9,510 at $175,350 on Friday, and month to date an average of 14,942 units at $304,693 versus 18,139 units at $382,928. The average trade for November amounts to 35,109 units at $290,897.
Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and none with a lower offer.
At the close, Agostini’s finished at $24.50 after exchanging 44 shares, Angostura Holdings remained at $18 with an exchange of 115 stock units, Clico Investment Fund rallied 44 cents to $29 in switching ownership of 15,816 stocks. First Citizens Group dropped $3.75 to $52.25 in trading 822 units, GraceKennedy shed 5 cents in closing at $6.10 after trading at 12,729 units, Guardian Holdings declined 2 cents to $30.33, with 3,365 stocks changing hands. 
Guardian Media ended at $3.10 after trading 298 shares, JMMB Group finished at $2.28 after 27,000 stock units crossed the market, L.J. Williams B share gained 1 cent to close at $1.51, trading 943 stock units. Massy Holdings dropped $3.83 to $91.75 with 47 shares crossing the market, NCB Financial Group remained at $8 in exchanging 32,536 stocks, Point Lisas lost 6 cents to $3.15 in an exchange of 300 units. Prestige Holdings lost 19 cents to end at $7.01 with the swapping of 229 shares, Republic Financial Holdings ended at $138, with 1,379 units clearing the market, Scotiabank remained at $67 while exchanging 2,421 stocks. Trinidad & Tobago NGL ended at $18.50 with 13,296 stock units changing hands, Trinidad Cement traded 3,500 stock units at $3.85 and West Indian Tobacco ended at $29.74 with an exchange of 16,632 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
ICTOP10 CaribAssurance jumps 21%, AMG drops 16%
Caribbean Assurance Brokers rose 21 percent to close at a 52 weeks’ high of $2.98 for the week, while AMG Packaging fell 16 percent in closing at $1.90, with most Junior Market stocks declining for the week. Main Market stocks were pretty steady, with movements not exceeding 4 percent for the week even as the market indices fell just over 6,500 points or 1.5 percent. On the other hand, the Junior Market gave up 31 points or one percent.
The other notable large TOP10 movers this week are; AMG Packaging, with a loss of 16 percent in closing at $1.90 from $2.25 at the previous week’s close after it fell from $2.40 at the end prior week and Caribbean Cream rose 2 percent to $5.70. Access Financial Services slipped 6 percent to $19.50, Elite Diagnostic dropped 7 percent on top of the 8 percent fall last week to $2.97 and General Accident lost 9 percent in closing at $6, Lasco Distributors and Lumber Depot lost 5 percent each. On Friday, the latter declined as Mayberry Jamaica Equities sold off their holdings to Stony Hill Investments.
In the Main Market, Caribbean Producers added another 3 percent to the 15 percent increase last week to close at $10.36 and Proven Investments was up 4 percent. PanJam Investment dropped from $73 9 to $68 to reenter the TOP10, with Carreras dropping out of the Main Market TOP10. In the Junior Market, the price of Medical Disposables slipped from $6.72 last week to $6.30 this past week and swapped back its spot with Dolphin Cove, with the price of the latter closing at $13, up marginally from $12.90.
The top three Main Market stocks are Guardian Holdings, Caribbean Producers and JMMB Group, projected to gain between 213 to 253 percent expected versus last weeks’ 214 to 254 percent.
The top three stocks in the Junior Market are AMG Packaging, followed by Access Financial Services and Lasco Distributors. All three can gain between 162 and 268 percent, up from 150 percent and 211 percent previously.
This week’s focus: Lumber Depot stock was under pressure since the release of the first quarter results in September, with price slipping from $3.18 days after the release to below $3. Now that Mayberry sold off their holdings, the stock may be allowed to move up unless other top holders resume selling. The stocks have the potential to record strong price appreciation and the company has good long term prospects for growth and expansion. With earnings per share projected at 35 cents for the current year and the price under $3 with a PE of just 8, there is much upside potential in the short term.
The average gains projected for the TOP 10 Junior Market stocks moved from 142 percent last week to 151 percent and Main Market stocks moved from 159 percent to this weeks’ 157 percent.
The Junior Market closed the week with an average PE of 14.3 based on ICInsider.com’s 2021-22 earnings and currently well below the target of 20 and the average of 17 at the end of March this year based on 2020 earnings. The TOP 10 stocks trade at a PE of a mere 8.1, with a 43 percent discount to that market’s average PE.
The Junior Market can gain 40 percent to March next year, based on an average PE of 20 and 9percent based on an average PE of 17. Ten stocks representing 25 percent of all Junior Market stocks with positive earnings are trading at or above this level, down from seven last week, indicating that many others will rise towards the 17 mark in the weeks ahead.
The average PE for the JSE Main Market is 15.7, which is 21 percent less than the PE of 19 at the end of March and 27 percent below the target of 20 to March 2022. 
The Main Market TOP 10 average PE is 8.1, representing a 51 percent discount to the market and well below the potential of 20. A total of 17 stocks or 36 percent of the market trade at or above a PE of 19, with most over 20, for an average roundabout 25, suggesting that the accepted multiple is between 20 and 25 times the current year’s earnings.
ICTOP10 focuses on likely yearly winners, accordingly, the list may or may not include the best companies in the market. ICInsider.com ranks stocks based on projected earnings to highlight winners from the rest, allowing investors to focus on potential winning stocks and helping to remove emotional attachments to stocks that often result in costly mistakes.
IC TOP10 stocks are likely to deliver the best returns up to March 2022 and ranked in order of potential gains, based on the possible increase for each company, considering the earnings and PE ratios for the current fiscal year. Expected values will change as stock prices fluctuate and result in weekly movements in and out of the lists. 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.
JSE Main Market index jumps
Market activity ended on Friday with the volume and the value of shares trading declining 91 percent, respectively lower than on Thursday on the Jamaica Stock Exchange Main Market as declining stocks crowed out those rising.
The All Jamaican Composite Index clawed back 39 percent of Thursday’s loss by jumping 3,101.27 points to 431,145.84, the JSE Main Index advanced 1,523.01 points, pulling back 23 percent of Thursday’s fall to close at 389,946.39 and the JSE Financial Index fell 0.40 points to finish at 95.43.
Trading ended with 52 securities up from 50 on Thursday, with 15 rising, 21 declining and 16 left unchanged.
The PE Ratio, a formula for computing appropriate stock values, averages 15.7. The PE ratio for the JSE Main and USD Market closing quotes are based on earnings forecasted by ICInsider.com for companies with financial years ending between the current year and August 2022.
Trading ended with 7,483,770 shares changing hands for $102,978,128 versus 84,940,496 units at $1,131,398,700 on Thursday. Transjamaican Highway led trading with 24.9 percent of total volume with a transfer of 1.86 million shares, followed by Wigton Windfarm with 13 percent 974,341 units and JMMB Group 7.35% – 2028 with 7.4 percent after trading 556,634 units.
Trading averages 143,919 units at $1,980,349, versus 1,698,810 shares at $22,627,974 on Thursday and month to date, an average of 640,639 units at $8,279,653, down from 896,377 units at $11,522,859 on Thursday. November closed with an average of 233,949 units at $2,695,416.
Investor’s Choice bid-offer indicator shows eleven stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Caribbean Cement declined $2 to $83 in trading 5,716 shares, GraceKennedy spiked 70 cents to $98.70 after trading 14,252 stocks, Guardian Holdings dropped $19 and ended at $521 with the swapping of 89 units. Jamaica Producers rallied 90 cents to $24 with 4,895 stock units crossing the market, Margaritaville fell $1.50 to $15.50 in switching ownership of 9,227 shares, Mayberry Investments shed 50 cents to end at $7 in transferring 201,029 units. 
NCB Financial advanced $1.80 in closing at $122.80 with 26,559 stocks changing hands, Proven Investments dipped 30 cents to close at $33.50 in trading 7,122 stock units, Scotia Group fell $2 to $35 with the swapping of 97,734 stocks and Seprod lost 61 cents after ending at $63.39 in switching ownership of 8,854 shares.
In the preference segment, JMMB Group 7.15% – due 2028 slipped 50 cents to settle at a 52 weeks’ low of $2.50 after 32,000 stock units crossed the exchange, JMMB Group 7.35% – 2028 rose 85 cents to a 52 weeks’ high of $3.98 in transferring 556,634 stock units and 138 Student Living preference shares shed 57 cents to end at $6 with 20 units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Solid gains for Trinidad stocks
Market activity ended on Friday with more stocks rising than falling at the close of trading, after 21 percent fewer shares changed hands with a 46 percent lower value than on Thursday on the Trinidad and Tobago Stock Exchange.
At the close, 15 securities traded up from 13 on Thursday, with seven stocks rising, our declining and four ending unchanged. The Composite Index advanced 6.81 points to 1,460.16, the All T&T Index climbed 12.37 points to 2,012.92 and the Cross-Listed Index added 0.12 points to end at 121.73.
A total of 142,643 shares traded for $2,630,248 compared to 180,932 units at $4,346,163 on Thursday.
An average of 9,510 units traded at $175,350 compared to 13,918 at $334,320 on Thursday and month to date an average of 18,139 units at $382,928 versus 22,761 units at $494,134. The average trade for November amounted to 35,109 units at $290,897.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Angostura Holdings rose 93 cents to close at a 52 weeks’ high of $18 with an exchange of 17,787 shares, Ansa McAl lost 1 cent in closing at $59.99 and trading 130 stock units, Clico Investment Fund climbed 31 cents to $28.56 after trading 20,961 units. 
First Citizens Group declined 75 cents to $56, with 92 stocks changing hands, GraceKennedy popped 5 cents to end at $6.15 with the swapping of 10,000 shares, Guardian Holdings picked up 2 cents in closing at $30.35 with 389 units crossing the market. Massy Holdings ended unchanged at $95.58 in switching ownership of 5,231 stock units, National Flour Mills rallied 3 cents to $1.90 in exchanging 30,000 stocks, NCB Financial Group lost 10 cents to close at $8 with a transfer of 25,108 shares. One Caribbean Media finished unchanged at $4.40 with 9,960 units changing hands, Republic Financial Holdings remained at $138, with 1,037 stock units crossing the exchange, Scotiabank finished at $67 trading 2,607 stocks. Trinidad Cement lost 2 cents in closing at $3.85 in exchanging 2,400 stock units, Unilever Caribbean gained 20 cents to end at $16.20 in switching ownership of 121 shares and West Indian Tobacco rose 48 cents to $29.74 trading 16,820 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Mayberry sells off its Lumber depot shares
Mayberry Jamaica Equities sold off their remaining shares in Lumber Depot to the Paul Scott controlled Musson Investments, our sources indicate, helping to swell trading in the stock to 141.23 million units, accounting for 98.2 percent of total market volume on Friday. 
The trade pushed the volume of stocks traded by 4,622 percent and the value 1,842 percent higher than on Thursday on the Jamaica Stock Exchange Junior Market.
Market activity led to 34 securities trading compared to 36 on Thursday and ended with 15 rising, 10 declining and nine, closing unchanged. The Junior Market Index shed 9.66 points to settle at 3,337.47.
The PE Ratio, a measure used to compute appropriate stock values, averages 14.3. The PE ratio of stocks in the chart below is based on earnings forecasted by ICInsider.com for companies whose financial year ends up to August 2022.
A total of 143,917,891 shares changed hands for $397,658,745 compared to 3,047,909 units at $20,478,634 on Thursday. Lumber Depot led trading, followed by AMG Packaging contributing 0.6 percent with 810,660 units and Blue Power exchanged 499,518 units for a 0.3 percent market share.
Trading averaged 4,232,879 shares at $11,695,845 in contrast to 84,664 shares at $568,851 on Thursday and month to date, averaging 1,386,894 units at $3,972,320, compared to 79,279 units at $423,673 previously. November closed with an average of 160,358 units at $581,730.
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, AMG Packaging lost 21 cents after ending at $1.90, trading 810,660 shares, Blue Power popped 43 cents in closing at $3.63 after exchanging 499,518 stock units, Cargo Handlers fell 89 cents to $7.01 in trading 300 units. Caribbean Assurance Brokers spiked 58 cents to a 52 weeks’ high of $2.98 after transferring 70,936 stocks, Express Catering lost 19 cents to close at $5.70 in an exchange of 1,000 units, General Accident shed 47 cents to end at $6 with 11,579 stocks clearing the market. GWest Corporation rallied 8 cents to $1 in trading 202 stock units, Honey Bun shed 32 cents to $9.65 with an exchange of 200,468 shares, Iron Rock Insurance climbed 47 cents to $3.58 in switching ownership of 445 units. 
Jetcon Corporation lost 8 cents in ending at $1 with the swapping of 1,200 stocks, Knutsford Express rose 30 cents to finish at $8 with 112 stock units changing hands, Lasco Distributors lost 5 cents in closing at $3.05 with the transfer of 60,265 shares. Limners and Bards popped 10 cents to $3.55 in exchanging 15,000 stocks, Lumber Depot shed 15 cents to close at $2.75 with 141,232,699 shares clearing the market, Medical Disposables jumped 68 cents to $6.30 in trading 8,678 stock units and tTech gained 40 cents to end at $4.50 with 11,077 shares changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
