The Junior Market index slipped just 5.64 points to 2,937.20 on Tuesday with 29 securities changing active, down from 36 on Monday. At the close, the prices of 13 stocks advanced, 11 declined and 5 remained unchanged.
Trading ended with an exchange of 5,212,490 units valued at $18,619,974 compared to 4,197,495 units valued at $18,373,462 on Monday. The average PE ratio of the market ended at 13.8 times 2019 earnings.
Market activity ended with an average of 179,741 units at $642,068 for each security traded in contrast to 116,597 units for an average of $510,374 on Monday. The average volume and value for the month to date amounts to 136,798 units and $423,623, previously 134,297 units valued at $410,902 for each security traded. In contrast, January closed with an average of 137,619 units valued at $521,935 for each security.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows three stocks ended with bids higher than their last selling prices and four with lower offers.
AMG Packaging climbed 8 cents and exchanged 15,665 shares at $1.99, Cargo Handlers shed 35 cents in trading of 2,009 units at $7.50, Caribbean Producers closed 1 cent higher at $5 with 1,450 stock units trading. Elite Diagnostic finished with a loss of 10 cents at $4.50 with an exchange of 68,096 shares, Everything Fresh gained 1 cent to end at 81 cents, after swapping 115,363 stock units, Express Catering shed 99 cents in trading of 95,508 units at $5. Fontana climbed 5 cents and exchanged 77,542 shares at $6.05, GWest Corporation closed with a loss of 5 cents at $1, in swapping 37,900 shares, Honey Bun added 20 cents and exchanged 28,861 shares at $7.20. iCreate ended at 67 cents after losing 3 cents and trading 119,623 shares, Indies Pharma climbed 1 cent and exchanged 5,000 shares at $2.61, Iron Rock Insurance closed trading of 3,982 units and gained 4 cents to end at $3.99. Jamaican Teas declined by 27 cents to settle at $6.38 with 28,477 units changing hands, Jetcon Corporation exchanged 7,000 shares in closing at $1.42 after rising 2 cents, Key Insurance ended trading with 23,953 shares, after gaining 5 cents to end at $2.95. KLE Group closed at $2.30 with 47,367 shares traded, after climbing 10 cents, Lasco Financial dipped 8 cents in trading 12,470 units at $3.42, Lasco Manufacturing closed with 3,263,310 units changing hands with the price declining by 5 cents to finish at $4.10. Limners and Bards ended market activity exchanging 337,503 shares to close at $2.73 after falling 4 cents, Lumber Depot closed trading of 8,160 units and gained 3 cents to end at $1.51, MailPac moved up 1 cent to $2 with 621,115 units swapped. Paramount Trading closed trading of 10,400 units and gained 2 cents to end at $1.87 and Stationery and Office Supplies lost $1.20 to end at $8.50 with 28,996 shares crossing the exchange. CAC 2000 9.5% preference share dipped 5 cents in trading of 64,028 units at 52 weeks’ low of 80 cents and pushed the yield to 12 percent.
Prices of securities trading for the day are those at which the last trade took place.