The Junior Market improved on 53.41 points rally at the close on Tuesday’s by putting in another decent rise in climbing another 26.84 points to close at 3,344.71 on Wednesday as the market barrels ahead with a near 27 percent rise for the year to date and 65 percent since the low of March last year.
At the close, 35 securities traded down from 37 on Tuesday with 15 stocks rising, 14 declining and six ending unchanged.
The average PE Ratio based on ICInsider.com’s forecast of 2021-22 earnings ended at 12.4. The market closed with an exchange of 12,309,102 at $28,788,289 versus 13,231,940 units at $21,484,542 on Tuesday.
Future Energy Source led trading with 61.3 percent of total volume after trading 7.54 million shares, followed by Lasco Manufacturing with 16.8 percent trading 2.07 million units and Jamaican Teas 10 percent with an exchange of 1.23 million units.
Trading averaged 351,689 units at $822,523 in contrast to 357,620 at $580,663 on Tuesday. Trading for the month to date averages 334,624 units at $787,227, compared to 332,395 units at $782,617 on Tuesday. April averaged 329,241 units at $854,716.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, CAC 2000 dropped 30 cents to $9.70 with an exchange of 1,186 shares, Caribbean Assurance Brokers gained 17 cents to end at $2.07 with 248,620 units passing through the market, Caribbean Flavours rose 10 cents to $2.40 with 5,802 stock units changing hands. Elite Diagnostic advanced 32 cents to $3.13 with 135 stocks traded, Express Catering jumped 78 cents to a 52 weeks’ high of $5.98 with a transfer of 53,797 shares, Fontana added 8 cents to close at $6.05 with an exchange of 42,310 units. Fosrich dropped 14 cents to $8.06 with 41,575 stock units passing through the market, iCreate slipped 5 cents to 74 cents with 23,000 stocks changing hands, Iron Rock Insurance advanced 13 cents to $3.55 with 29 shares traded. 
Jamaican Teas fell 30 cents to $3.80 with a transfer of 1,225,475 stocks, Jetcon Corporation rose 6 cents to 91 cents with an exchange of 50,827 stock units, KLE Group climbed 27 cents to $1.30 with investors switching ownership of a mere 5 shares. Lasco Distributors declined 8 cents to $4.32, with 13,297 units changing hands, Lasco Manufacturing gained 21 cents to close at $5.31 with 2,071,884 stocks traded, Mailpac Group rose 6 cents to $4 with a transfer of 335,132 stock units and tTech jumped $1.30 to $5.90 with 23,000 shares crossing the exchange, following release of first quarter resulting showing a 94 percent rise in profit.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
