Trading closed on the Junior Market on Friday, with a 41.75 points rise in the index for the week but gave up many points from the peak during the week when the market surged nearly 83 points in two only to be dragged down by 62 points on Wednesday and picked up small gains on the last two days of the week to hold above the 3,300 points on Friday.
Similar to Thursday, 37 securities traded on Friday and ended, with 14 rising, 13 declining and 10 closing unchanged. The Junior Market Index gained 12.34 points to settle at 3,311.18. The PE Ratio, a measure used to compute appropriate stock values, averages 11.4 based on ICInsider.com’s 2021-22 earnings forecast.
Trading ended, with the volume ending up 54 percent less than on Thursday, with 11,413,177 shares changing hands for $38,157,077 compared to 24,561,305 units at $37,976,789 Thursday. Future Energy Source commanded 38.1 percent market share, with 4.34 million shares, followed by Lumber Depot with 22.3 percent of the day’s trade or 2.54 million units and Fosrich 8.8 percent after an exchange of 1.01 million units.
Trading averaged 308,464 units at $1,031,272 in contrast to 663,819 at $1,026,400 on Thursday. Month to date trading averages 265,110 units at $777,273, versus 261,187 units at $754,295 on Thursday. July closed with an average of 163,918 units at $481,755.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Caribbean Cream fell 37 cents to $5.35 with 96,995 shares changing hands, Dolphin Cove bolted 86 cents to $9.86 with an exchange of 890 stock units, Express Catering spiked 75 cents to $6.15, with 125,300 units traded. Fontana climbed 42 cents to $6.24, with a transfer of 437,819 shares, Fosrich shed 21 cents to close at $8.10 with 1,007,045 stocks trading, Future Energy Source spiked 14 cents to a 52 weeks’ high of $2.37 with 4,344,838 units changing hands. General Accident slipped 6 cents to $5.50 with an exchange of 200,407 stock units, iCreate rose 6 cents to 85 cents with 23,100 shares traded, Indies Pharma rallied 27 cents to $3.88 with a transfer of 173,076 units. Jetcon Corporation advanced 17 cents to $1.17 with 17,000 stocks passing through the market, KLE Group fell 22 cents to 95 cents with 2,017 stock units changing hands, Knutsford Express rose 10 cents to $8 with an exchange of 2,894 units. 
Lasco Distributors dropped 14 cents to $3.80 with 124,400 shares traded. Lasco Financial climbed 19 cents to $3.19 with a transfer of 43,800 stocks, Lasco Manufacturing declined by 25 cents to finish at $4.95 with investors switching ownership of 27,978 stock units. Main Event rallied 35 cents to $4.85 with 26,114 shares changing hands, Medical Disposables climbed 28 cents to $5.09 to finish with 98,477 units traded, SSL Venture dropped 16 cents to 64 cents with a transfer of 20,625 stocks. Stationery and Office Supplies shed $1.65 to close at $5.75 with investors switching ownership of 5,077 units and Tropical Battery rose 5 cents to $1.34 with 220,632 shares crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The All Jamaican Composite Index lost 916.98 points to settle at 454,531.67, the JSE Main Index shed 587.19 points to 415,165.55 and the JSE Financial Index added 0.19 points to end at 102.38.
Investor’s Choice bid-offer indicator reading has 12 stocks ending with bids higher than their last selling prices and six with lower offers.
Radio Jamaica spiked 52 cents to end at 52 weeks’ closing high of $3.50, after hitting a new intraday high of $3.85 in the morning session, in completing an exchange of 669,972 stock units, Salada Foods rallied 28 cents to $7.39, with 2,552 units crossing the exchange, Scotia Group fell 30 cents to end at $39.70, with an exchange of 261,002 shares. Seprod declined $4.80 in closing at $61.20 in trading 21,923 stocks and Victoria Mutual Investments dipped 35 cents at $5.35 with 126,154 units clearing the market.
A total of 37 securities traded compared to 35 on Wednesday and ended, with 17 rising, 15 declining and five closing unchanged. The Junior Market Index popped 9.02 points to 3,298.84. The PE Ratio, a measure used to compute appropriate stock values averages 11.2 based on ICInsider.com’s 2021-22 earnings forecast.
Investor’s Choice bid-offer indicator shows one stock ending with the bid higher than its last selling price and three with lower offers.
Main Event dropped 50 cents to $4.50 with 85,117 stock units traded, SSL Venture advanced 17 cents to 80 cents with 10,000 units passing through the market and Stationery and Office Supplies rallied 35 cents to $7.40 with 3 shares crossing the exchange.
The BOJ went on to state, “While the Bank does not target any specific level of the exchange rate, Bank of Jamaica will also seek to ensure that movements in the exchange rate do not threaten the inflation target.”
At the close, Barita Investments rallied $6.88 in closing at 52 weeks’ high of $97.88 with an exchange of 111,164 stock units, Caribbean Cement advanced $1.49 to $93.99 with 143,483 units crossing the market, Caribbean Producers gained 35 cents to end at $5 after clearing the market with 1,010 units, Eppley shed 66 cents to close at $40 with the swapping of 2,109 stocks, Eppley Caribbean Property Fund fell $1.16 to $40 in switching ownership of 1,679 shares, First Rock Capital shed 89 cents to $12.96 in exchanging 6,973 stocks. GraceKennedy fell $1.75 to $103.05 with 224,330 stock units crossing the market, Guardian Holdings dropped $20 to $650 in trading 7,082 shares, Jamaica Producers advanced $1.49 to end at $23.49 in an exchange of 19,072 stock units, Kingston Wharves fell 99 cents ending at to $46.51 with a transfer of 1,206 units. Margaritaville declined $1.79 to a 52 weeks’ low of $13.40 after exchanging 13,797 stocks, Mayberry Investments spiked 35 cents to $6 in switching ownership of 19,480 units, Mayberry Jamaican Equities rose 89 cents to $9.39 in transferring 12,440 shares. 
MPC Caribbean Clean Energy rallied $16.80 to $137.80 after exchanging one stock unit, NCB Financial Group advanced $2 to $134 with 108,613 stock units crossing the market, Palace Amusement popped $89.20 to $1,140 with one share changing hands. PanJam Investment gained 40 cents to finish at $62 in switching ownership of 34,611 stocks, Radio Jamaica gained 23 cents to end at a 52 weeks’ high of $2.98 after 3,388,414 shares changed hands. Sagicor Group shed 78 cents to close at $57 after 28,498 stocks crossed the exchange, and Seprod spiked $1 to $66 with 13,166 shares changing hands.
Market activity led to 35 securities trading compared to 33 on Tuesday and ended, with 10 rising, 17 declining and eight closing unchanged. The PE Ratio, a measure used to compute appropriate stock values, drops to an average of 10.9 from 11.5 on Tuesday, based on ICInsider.com’s 2021-22 earnings forecast.
At the close, Access Financial advanced 36 cents to $21 with 500 shares traded, AMG Packaging rose 6 cents to $1.61 with 2,000 stocks changing hands, Consolidated Bakeries dropped 25 cents to $1.60 with a transfer of 3,121 units after the company posted increased losses for the June quarter compared with the similar period in 2020. Dolphin Cove shed 50 cents to close at $9 with an exchange of 431,935 stock units, Elite Diagnostic spiked 5 cents to $3.08 with 253,468 shares passing through the market, Express Catering dropped $1.19 to $4.96 with 102,013 stocks traded. Fontana advanced 26 cents to $6.08 with 225,655 stock units changing hands, Fosrich fell 32 cents to $8.10 with a transfer of 9,898 units, Future Energy Source gained 28 cents to finish at an all time high of $2.10 with an exchange of a market leading 4,198,648 shares. General Accident fell 14 cents to $5.56 with 228,438 stocks traded, Honey Bun rose 8 cents to a 52 weeks’ high of $8.08 with 67,947 units changing hands, iCreate slipped 7 cents to 80 cents with a transfer of 1,700 stock units. 
Iron Rock Insurance shed $1.09 to finish at $3.10 with investors switching ownership of 14,925 shares, Jamaican Teas dropped 27 cents to $3.53 with an exchange of 287,024 stocks, KLE Group slipped 6 cents to $1.17 with 1,100 stock units traded. Lasco Distributors lost 9 cents to close at $3.95 with 28,000 shares changing hands, Lasco Financial fell 14 cents to $3.01 with a transfer of 34,500 units, Lasco Manufacturing shed 40 cents to end at $4.80 with an exchange of 17,189 stocks. Main Event advanced 20 cents to $5 with 505 stock units passing through the market, Medical Disposables lost 12 cents to end at $4.83 with 18,107 units changing hands, Paramount Trading declined 22 cents to $1.03 with investors switching ownership of 21,372 stocks and SSL Venture dropped 17 cents to 63 cents with 10,800 shares crossing the exchange.
Market activity led to 33 stocks trading, similar to that on Monday and ended, with 20 rising, seven declining and six ending unchanged. The PE Ratio, a measure used to compute appropriate stock values, averages 11.5 based on ICInsider.com’s 2021-22 earnings forecast.
Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and five with lower offers.
Honey Bun advanced 20 cents to close at a 52 weeks’ high of $8 with 144,815 units passing through the market, Indies Pharma gained 14 cents to close at $3.64 with 28,071 stock units traded, Iron Rock Insurance climbed 30 cents to $4.19 with an exchange of 20,279 units. Jamaican Teas rose 5 cents to $3.80 with 11,963 shares changing hands, Lasco Financial slipped 5 cents to $3.15 with investors switching ownership of 128,046 units, Mailpac Group added 5 cents to end at $3.75 with a transfer of 1,413,824 shares. Paramount Trading rallied 23 cents to $1.25 with 15,939 stocks traded, SSL Venture rose 9 cents to 80 cents with 28,968 units changing hands and Tropical Battery gained 9 cents to close at $1.30 with 4,330 shares crossing the exchange.
Trading averaged 1,649,728 units at $31,269,659, compared to 672,476 shares at $37,672,811 on Monday. Trading month to date averages 391,623 units at $8,187,803, in contrast to 245,797 units at $5,512,406 on Monday. July ended with an average of 322,932 units at $15,201,099.
ry Investments slipped 55 cents to $5.65 with 45 units crossing the exchange. Mayberry Jamaican Equities shed 30 cents to $8.50 with the swapping of 800 stocks, MPC Caribbean Clean Energy spiked $1 to $121 with an exchange of 100 stock units, NCB Financial dropped $7.50 to $132 with an exchange of 4,246 shares. 138 Student Living dropped 65 cents to $4.45 in switching ownership of 2,945 stock units, Palace Amusement rallied $17.04 to $1,050.80 after 94 stocks cleared the market, PanJam Investment shed 82 cents to $61.60 with a transfer of 1,001,621 shares, Radio Jamaica gained 14 cents in closing at a 52 weeks’ high of $2.75 while exchanging 1,035,575 unit, Sagicor Group popped 28 cents to close at $57.78 with 186,602 stocks changing hands. Salada Foods shed 25 cents to end at $7.25 in exchanging 30,795 units. Scotia Group lost 31 cents to finish at $39.99 in an exchange of 35,083 stock units, Seprod dropped $4 to close at $65 with the swapping of 117,010 stocks, Supreme Ventures rose 44 cents in ending at $19 after 74,165,054 shares crossed the market and Sygnus Credit Investments popped 20 cents to $15.10 with 16,555 stocks changing hands.
At the close, Cargo Handlers popped 70 cents to $8.50, with 5,775 shares traded, Caribbean Cream dropped 23 cents to $5.50 with a transfer of 2,000 stock units, Derrimon Trading fell 9 cents to $2.38 exchanging 71,443 stocks. Dolphin Cove advanced 50 cents to $8.50, with 270,310 shares changing hands, Express Catering jumped 71 cents to $5.80 with 50,000 stocks passing through the market, Fontana popped 10 cents to $6.10 to close at 98,001 units. Future Energy Source rose 12 cents to a 52 weeks’ high of $1.80 with 2,598,220 stock units traded, General Accident gained 10 cents to end at $5.68 with a transfer of 323,370 shares, Honey Bun climbed 30 cents to a 52 weeks’ high of $7.80 with an exchange 54,899 stocks. Jamaican Teas lost 7 cents to finish at $3.75 with 997,039 units changing hands, Jetcon Corporation fell 15 cents to $1.20 with investors switching ownership of 8,000 stock units, Lasco Financial slipped 5 cents to $3.20 with 86,100 shares traded. 
Lasco Manufacturing slipped 5 cents to $5.20 with a transfer of 40,320 stocks, Limners and Bards gained 6 cents to close at $3.10 with an exchange of 69,270 units, Mailpac Group dropped 20 cents to $3.70 with 652,703 stock units changing hands. Main Event rallied 53 cents to $4.80 with 60,814 shares passing through the market, SSL Venture fell 13 cents to 71 cents with 30,000 stocks traded, Stationery and Office Supplies shed 38 cents to settle at $7.05 with a transfer of 29,827 units and Tropical Battery dropped 17 cents to $1.21 with 221,125 shares crossing the exchange.
At the close, Barita Investments spiked $7.24 to $90.24 with an exchange of 19,379,347 shares, Berger Paints gained 22 cents in ending at $13.74 after trading 54,600 stock units, Caribbean Cement fell $3.49 to $90.50, with the swapping of 7,931 stocks. Caribbean Producers dipped 36 cents $4.64 in transferring 13,326 units, Eppley rose $1.42 to $41.86 with 4,938 stock units crossing the market, First Rock Capital shed $1.50 to $12 with 29,541 stocks clearing the market, GraceKennedy fell $2 to $101 in switching ownership of 637,615 shares. Guardian Holdings slid $5 to $615 in trading 766 units, Jamaica Broilers lost 26 cents to end at $36.20 with 3,023,439 shares changing hands, Jamaica Producers rallied $1.98 to $23.48 in trading 6,300 stock units. JMMB Group declined $2.25 to $37.75 with 280,003 stocks crossing the exchange after trading at an intraday high of $43.47, Kingston Properties popped 20 cents to $9.50 after exchanging 1,301 stocks, Margaritaville popped $1.67 to $15.27 in an exchange of 5,047 shares, Mayberry Investments rose 45 cents to $6.20 in transferring 64,783 stock units. MPC Caribbean Clean Energy dropped $17.80 to $120 with an exchange of 2,500 units, NCB Financial spiked $7.50 to $139.50 after 35,309 stocks crossed the exchange, PanJam Investment shed 58 cents to $62.42 with 14,151 stock units clearing the market. 
Proven Investments slipped $1.10 to $34.40 in exchanging 16,665 shares, Radio Jamaica gained 36 cents to close at a 52 weeks’ high of $2.61 with the swapping of 1,149,429 shares, Sagicor Group lost 40 cents t close at $57.50 with an exchange of 46,317 stock units, Salada Foods rallied 30 cents to $7.50 with the swapping of 21,230 shares, Scotia Group rose 70 cents to $40.30 with 7,222 stocks crossing the exchange. Seprod advanced $3 to $69 with 6,412 units changing hands, Stanley Motta dipped 58 cents to $5.41 in transferring 4,000 stock units and Supreme Ventures dipped 43 cents to $18.56 with 19,369 shares changing hands.
