The Junior Market Index dropped a further 22.00 points for a third consecutive day of decline on Wednesday to settle at 3,302.76 as trading closed, with the volume of stocks exchanged climbing 45 percent over Tuesday’s level, with the value up by 24 percent.
Market activity led to 33 securities trading compared to 34 on Tuesday and ended with the prices of just eight stocks rising, 14 declining and 11, closing unchanged.
The PE Ratio, a measure used to compute appropriate stock values, averages 12.8 based on ICInsider.com’s 2021-22 earnings forecast.
A total of 13,080,154 shares traded for $40,382,215 compared to 9,034,942 units at $32,570,639 on Tuesday.
Lumber Depot led trading with 78.7 percent of total volume in trading 10.29 million shares followed by Future Energy Source 11.1 percent with 1.46 million units and Tropical Battery 1.4 percent with 178,671 units.
Trading averages 396,368 units at $1,223,703 in contrast to 265,734 at $957,960 on Tuesday. Trading month to date averages, 172,116 units at $504,321, compared to 161,120 units at $469,047 on Tuesday. June trading averaged 225,705 units at $644,459.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and five with lower offers.
At the close, AMG Packaging rose 5 cents to $1.55, with 24,120 shares traded, Everything Fresh popped 6 cents to $1.05 with an exchange of 2,573 units, Express Catering jumped 49 cents to $5.99 with a transfer of 37,700 stock units. Future Energy Source dropped 16 cents to $1.50, with 1,457,121 stocks changing hands, General Accident rallied 47 cents to $5.47 with a transfer of 6,000 shares, Indies Pharma fell 25 cents to $3.50, with 70,689 units passing through the market. Jetcon Corporation slipped 8 cents to $1.31, with 110,000 stocks traded, Knutsford Express shed 49 cents to settle at $7.20, with an exchange of 3,067 shares, Lasco Distributors slipped 5 cents to $3.81 with a transfer of 27,161 units. Lasco Financial rose 5 cents to $3.15 with investors switching ownership of 900 stocks, Lumber Depot fell 10 cents to $3.35, with 10,289,932 shares traded, 
Main Event climbed 50 cents to $5.30 with a transfer of 1,928 stocks and Medical Disposables slipped 5 cents to $4.55 with 7,560 units crossing the exchange.
In the preference segment, CAC 2000 9.5% dropped 40 cents to close at a 52 weeks’ low of 80 cents, with 38,147 shares changing hands as the yield on the stock climbed to 11%.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading ended with four securities changing hands, compared to five on Tuesday, with the prices of two stocks rising and two declining.
Investor’s Choice bid-offer indicator shows one stock ended, with the bid higher than the last selling price and two with lower offers.
Sixteen (16) securities traded compared to 19 on Tuesday, with four rising, five declining and seven remaining unchanged. The Composite Index increased 6.10 points to 1,422.69, the All T&T Index lost 0.54 points to settle at 1,928.03 and the Cross-Listed Index advanced 1.85 points to 123.59.
GraceKennedy ended at $6.15 in exchanging 314 units, L.J Williams B shares ended at $1.50, with 57 stocks changing hands, Massy Holdings settled at $80.50 in trading 417 units. National Flour Mills shed 4 cents to $2 after an exchange of 4,161 shares, NCB Financial Group popped 19 cents to $8.19 after trading 9,515 stock units, One Caribbean Media rallied 5 cents to $4.05, with 1,000 units crossing the market. Point Lisas settled at $3.15 in exchange ng 1,224 stocks, Prestige Holdings climbed 5 cents to $7.50 in switching ownership of 2,000 stock units, Scotiabank declined 45 cents to close at $58.55 in exchanging 4,391 shares Trinidad & Tobago NGL fell 40 cents to $17.55 with an exchange of 2,500 stock units, Unilever Caribbean ended at $16.33 while exchanging 1,220 units and West Indian Tobacco slipped 1 cent to $32.49 in trading 3,139 shares.
At the close, 19 securities traded compared to 16 on Monday, with three stocks rising, eight declining and eight remaining unchanged.
At the close, Agostini’s traded 702 shares at $24.55, Angostura Holdings remained at $16.49 with a transfer of 136 units, Ansa McAL declined $2 to end at $58 in switching ownership of 256 stock units. Calypso Macro Investment Fund settled at $16.50 after trading 1,500 units, Clico Investment Fund shed 50 cents to $27, with 24,508 stock units clearing the market, First Citizens Bank closed at $50 in exchanging 5,703 shares. GraceKennedy slipped 15 cents to $6.15, with 217,673 stocks crossing the market, Guardian Holdings dropped 75 cents to $33 in an exchange of 9,050 shares, Guardian Media remained at $3.10 in transferring 884 units. Massy Holdings popped 6 cents to $80.50 with the swapping of 2,189 stocks, National Enterprises dipped 5 cents to $3.85 with 2,000 shares clearing the market, National Flour Mills rallied 4 cents to $2.04 in switching ownership of 1,387 stocks. NCB Financial Group dipped 1 cent to $8 with 15,691 stock units changing hands, Point Lisas closed at $3.15 with an exchange of 3,000 stocks, Prestige Holdings slipped 5 cents to $7.45 in switching ownership of 2,000 shares. Republic Financial Holdings inched 1 cent higher to $135.51 in exchanging 5,229 stocks. Scotiabank shed 75 cents to end at $59 with an exchange of 168 shares, Trinidad Cement closed at $3.75 in trading 2,640 stocks and Unilever Caribbean remained at $16.33 with 12,643 units crossing the market.
Trading ended with five securities changing hands, compared to six on Monday, with the prices of one stock rising and four declining.
At the close, First Rock Capital gained 0.74 of a cent to end at 7.9 US cents with 13,597 shares traded, Proven Investments dropped 2 cents to 23 US cents with an exchange of 4,332 stocks, Sygnus Credit Investments J$ denominated stock declined 0.7 of a cent to finish at 15.3 US cents with a transfer of 48 units. Sygnus Credit Investments US$ denominated stock fell 0.8 of a cent to 12.2 US cents with investors switching ownership of 10,250 stock units and Transjamaican Highway slipped 0.05 US of a cent to 0.88 of a US cent with 5,019 stocks crossing the exchange.
The All Jamaican Composite Index declined by 1,098.23 points to 455,660.38, the JSE Main Index dropped 1,177.18 points to end at 417,326.17 and the JSE Financial Index shed 0.31 points to close at 102.46.
Investor’s Choice bid-offer indicator shows 13 stocks ending with bids higher than their last selling prices and five with lower offers.
Proven Investments popped 89 cents to $34.99 with 33,406 units clearing the market, Sagicor Group rose $2.08 to $56 with 20,997 shares crossing the exchange, Scotia Group spiked 29 cents to $38.99, with 58,593 stocks trading. Seprod popped 50 cents to $70.50 in transferring 404,614 units, Sterling Investments shed 20 cents to end at $2.80 with the swapping of 350,000 stock units and Wisynco Group gained 29 cents to finish at $15.99 in switching ownership of 1,714,772 shares.
Trading averages 265,734 units at $957,960 compared to 146,823 at $375,550 on Monday. Trading month to date averages 161,120 units at $469,047 compared to 155,553 units at $443,033 on Monday. June closed with an average of 225,705 units at $644,459.
Lasco Manufacturing lost 5 cents to settle at $5.20 with an exchange of 2,510,219 units, Limners and Bards spiked 18 cents to $3.20, with 87,809 stock units changing hands. Lumber Depot rose 5 cents to $3.45 with 2,258,991 shares changing hands, Main Event shed 30 cents to finish at $4.80 with a transfer of 8,284 stocks, Medical Disposables added 5 cents to end at $4.60 with investors switching ownership of 1,100 units and Stationery and Office Supplies advanced 12 cents to $7.17, with 2,336 shares crossing the exchange.
Ray Therrien, Executive Director at Fontana in commenting on the new development stated, “We’re really excited to bring 
The All Jamaican Composite Index fell 1,091.39 points to 456,758.61, the JSE Main Index shed 853.02 points to end at 418,503.35 and the JSE Financial Index slipped 0.48 points to 102.77.
QWI Investments with 7.7 percent for 594,882 units.
Portland JSX advanced $1.20 to $9.20 with the swapping of 541 units, Proven Investments fell 90 cents to $34.10 after exchanging 15,417 shares, Radio Jamaica spiked 11 cents to end trading at a 52 weeks’ closing high of $2.15, with 578,444 shares clearing the market. Sagicor Group dropped $1.83 to $53.92 with the transfer of 55,508 units and Seprod gained 90 cents to end at $70 in exchanging 83,359 stocks.
Market activity led to 37 securities trading compared to 33 on Friday and ended with the prices of 12 rising, 16 declining and nine closing unchanged and two stocks closed at 52 weeks’ low.
average of 225,705 units at $644,459.
Mailpac Group rallied 5 cents to $3.85 with a transfer of 253,262 stock units, Main Event lost 10 cents to end at $5.10 with 6,490 shares traded, Medical Disposables fell 20 cents to $4.55, with 12,600 units passing through the market. Paramount Trading dipped 9 cents to close at a 52 weeks’ low of $1.06, with investors switching ownership of 101,382 stocks and SSL Venture rose 7 cents to 80 cents with 3,983 shares crossing the exchange.
