Junior Market losses start June

Junior Market trading picked up on the first day of June with 35 securities changing hands, resulting in an exchange of 13,798,652 units valued at $66,443,460 as five companies traded over 1.2 million shares accounting for more than 8 million units that traded.
In contrast to Monday’s high volume, just 4,090,696 units valued at $13,986,258 changed hands from 31 securities on Friday.
At the close of market activities, the prices of 10 securities advanced, 16 declined and nine remained unchanged, with the market Index slipping 15.28 points to close at 2,617.69. The average PE ratio of the market ended at 9.4 times 2020-21 earnings.
The average ended with 394,247 units at $1,898,385, in contrast to 131,958 units at an average of $451,170 on Friday. In contrast, May closed with an average of 150,274 units valued at $491,077 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows five stocks ended with bids higher than their last selling prices and one with lower offers.
At the close of the market, Access Financial climbed 5 cents to $23.05 with 1,242,213 shares trading, AMG Packaging ended at $1.61 after rising 6 cents and swapping 19,611 stock units, Cargo Handlers rose 16 cents in the exchange of 189,409 units to finish at $6.21. Caribbean Assurance Brokers slipped 1 cent and traded 54,706 stock units to close at $2.29, Caribbean Cream fell 9 cents to $2.75 with 272,900 shares changing hands, Caribbean Flavours jumped by $1.30 to close at $11.30 with the swapping of 2,152 stock units. Caribbean Producers gained 4 cents and exchanged 328,436 stocks to settle at $2.40, Derrimon Trading dropped 28 cents to end at $2.32 with 3,285,500 shares changing hands, Dolphin Cove closed trading of 1,100 stock units and gained 55 cents to end at $7.80. Elite Diagnostic lost 10 cents in the exchange of 7,191 units to finish at $3.40, Everything Fresh closed 2 cents higher at 75 cents with 21,000 shares traded, Express Catering settled at $4.40 after losing 5 cents and swapping 77,382 stock units. Fontana shed 14 cents in exchange of 150,506 shares to end at $5.80, General Accident traded 605,700 units and fell 20 cents to close at $6.05, Honey Bun climbed 28 cents exchanging 38,480 shares to finish at $5.40. Jamaican Teas exchanged 2,762,864 units and lost 7 cents to close at $4.63, Jetcon Corporation slipped 1 cent to 89 cents with 3,033 stock units changing hands, Knutsford Express closed with a loss of 54 cents at $8.41 in the swapping of 100 shares. Lasco Distributors climbed 15 cents and exchanged 983,238 stock units to end at $3.10, Lasco Financial fell 20 cents in the trading 523,159 units to finish at $2.50, Lasco Manufacturing ended market activity at $4.79 after exchanging 91,830 shares and falling 11 cents. Limners and Bards slid 1 cent to $1.83 with 59,463 units changing hands, Lumber Depot exchanged 2,136,838 stock units after losing 1 cent to close at $1.13, Medical Disposables dipped 1 cent to $6.89 with 23,450 shares traded. Paramount Trading ended 1 cent lower at $1.98 with 38,130 stock units changing hands and Stationery and Office Supplies climbed 9 cents to $6.30 with 35,953 crossing the exchange.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Junior Market rises 9% in May

The Junior Market of the Jamaica Stock Exchange ended Friday with modest gains in the market index to close out May, up 9 percent for the month but is still 21.4 percent adrift of the start of the year.
At the close of market activities, the prices of 13 securities advanced, 10 declined and eight remained unchanged. The Junior Market Index advanced by 4.54 points to close at 2,632.97 and the average PE ratio of the market ended at 9.5 times 2020-21 earnings.
Trading resulted in 31 securities changing hands and an exchange of 4,090,696 units at $13,986,259 compared to 4,251,896 units at $11,083,038 on Thursday.
The average trade for the day was 131,958 units for $451,170 in contrast to 146,617 units for an average of $382,174 on Thursday. The average volume and value for the month to date amounts to 150,274 units valued at $491,077 and previously 151,266 units valued at $93,240. In contrast, April closed with an average of 447,863 units valued at $1,028,076 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows four stocks ended with bids higher than their last selling prices and five with lower offers.
At the close of the market, Access Financial added 49 cents to end at $23 and traded 1,314 shares, AMG Packaging rose 5 cents and exchanged 500 shares at $1.55, Blue Power shed 15 cents in trading of 5,000 units at $3.60. Caribbean Cream closed 7 cents higher at $2.80, with 167,826 stock units trading, Caribbean Producers gained 1 cent to end at $2.36, trading 301,257 shares, Consolidated Bakeries ended market activity exchanging 145,650 shares to close at $1.64 after falling 6 cents. Elite Diagnostic closed trading of 32,398 units and gained 10 cents to end at $3.50, Everything Fresh ended with a loss of 1 cent at 73 cents with 133,453 stock units changing hands, Express Catering closed 44 cents higher at $4.45, with 91,687 stock units trading. Fontana closed trading of 259,958 units and gained 24 cents to end at $5.94, General Accident closed 25 cents higher at $6.25, with 118,999 stock units trading, Honey Bun declined 29 cents in trading of 15,596 units at $5.12. Indies Pharma closed with a loss of 4cents at $2.25 in swapping 66,561shares, ISP Finance ended lost $1 at $13 with 50 units changing hands, Jetcon Corporation closed trading of 30 units and gained 10 cents to end at 90 cents. Knutsford Express ended at $8.95, after rising $1.45 and trading 20,792 shares, Lasco Distributors closed with a loss of 20 cents at $2.95 after swapping 92,095 shares, Lasco Manufacturing closed trading of 1,186,538 shares and gained 40 cents to end at $4.90 (See note at the foot of this story). Limners and Bards rose 2 cents and exchanged 34,476 shares at $1.84. Mailpac Group closed with a loss of 2 cents at $1.86while trading 792,156 shares, Medical Disposables ended market activity, exchanging 4,114 stock units to settle at $6.90 after falling 10 cents and Stationery and Office Supplies lost 6 cents in trading 97,229 shares at $6.21.

NB The JSE trading sheet posted on the exchange website shows Lasco Manufacturing trading 1,186,538 shares, but the trading platform used for trading had just 221,121 shares traded, its unclear which is correct at the time of going to publishing. The trading sheet also has Eppley as trading in the Junior Market. The stock migrated to the main market for several months.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Junior Market close to April’s high

The Junior Market made more gains on Thursday Index advanced by 47.99 points to close at 2,628.43, to be 21.5 percent down from the January opening. The market is close April’s high point of 2,689 and takes it back close to the March 5 close of 2,656.41.  
At the end of market activities on Thursday, 29 securities changing hands, with the prices of 12 securities advanced, 12 declined and five remained unchanged. The PE ratio of the market ended at 9.3 times 2020-21 earnings.
Trading settled with resulted in 4,251,896 units valued $11,083,038 changing hands, compared to 4,137,638 units at $10,997,880 from 32 securities on Wednesday.
The average trade for the day was 146,617 units at $382,174, in contrast to 393,489 units at $1,786,797 on Wednesday. The average volume and value for the month to date amounts to 151,266 units valued at $493,240 and previously 151,514 units valued at $499,172. In comparison, April closed with an average of 447,863 units valued at $1,028,076 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows five stocks ended with bids higher than their last selling prices and two with lower offers.
At the close of the market, Access Financial shed 49 cents in trading of 1,000 units to settle at $22.51, AMG Packaging declined by 25 cents to $1.50 with 2,200 units changing hands, Caribbean Assurance Brokers fell 3 cents to $2.27 with an exchange of 17,695 units. Caribbean Cream added 1 cent in swapping 52,300 shares to close at $2.73, Caribbean Producers dipped 5 cents trading 206,917 units to finish at $2.35, Derrimon Trading rise 10 cents to end at $2.60 with an exchange of 1,000 shares. Elite Diagnostic closed 5 cents higher at $3.40, with 500 stock units crossing the exchange, Everything Fresh ended with a loss of 1 cent at 74 cents with 24,265 stock units changing hands, Express Catering shed 50 cents in trading 8,500 units to settle at $4. Fontana closed at $5.70 after dropping 25 cents in the swapping of 24,236 units, Fosrich exchanged 80,263 shares, after rising 15 cents to $4, General Accident declined by 22 cents to settle at $6 with 472,257 units changing hands. Honey Bun closed trading of 103,484 stock units and gained 33 cents to end at $5.41, Jamaican Teas rose 20 cents to end at $4.70 with an exchange of 30,055 shares, Jetcon Corporation fell 9 cents and closed at 80 cents after swapping 50,000 shares. Knutsford Express dropped $1.48 to close at $7.50 in the trading of 22,762 shares, Lasco Distributors climbed 42 cents exchanging 141,402 shares to settle at $3.15, Lasco Financial closed 5 cents higher at $2.70 with 3,234 shares crossing through the market. Lasco Manufacturing jumped 49 cents and exchanged 45,634 shares to end at $4.50, Limners and Bards fell 13 cents to $1.82 with 16,945 units changing hands, Lumber Depot inched 1 cent higher to $1.14 with 140,862 shares traded. MailPac Group ended the day with 2,321,013 shares being exchanged after rising 3 cents to $1.88, Paramount Trading slipped 1 cent to $1.99 in the swapping of 295,500 stock units and tTech climbed 29 cents to $4.70 with a mere five shares crossing the exchange.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

The big Junior Market rally ahead

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Investors can trade shares either by using fundamental analysis, the more common method, or technical analysis. Both have their place, but technical analysis informs investors ahead of significant market moves and thus reduces the time one has to buy or sell a stock.

The triangular formation is shown by the black and golden lines.


The Junior Market suffered a sizable fall from its peak of 3,436 points in September last year to Mid-March and bounced sharply in the first two weeks in April, then retreated until-Mid May from which it started a rebound.
The market was recently in a triangular formation and is breaking higher as the formation suggests. Ascending triangle patterns are bullish, meaning that they indicate that a security’s price is likely to climb higher as the pattern completes itself. Two trendlines form the pattern, the first is flat along the top of the triangle and acts as a resistance point which—after price successfully breaks above it—signals the resumption or beginning of an uptrend. The second the bottom trendline of the triangle that shows price support—is a line of ascension formed by a series of higher lows. It is this configuration, formed by higher lows that forms the triangle and gives it a bullish characterization as each time sellers attempt to push prices lower, they are increasingly less successful.
The Junior Market has broken to the upside of the triangle, an indication of the rising market ahead. A critical factor behind this is the low PE ratio for Junior Market stocks at 9.3 versus Main market stocks of 15 as well as the fact that the average PE of Junior Market stocks had reached 15 times 2019 earnings.

Heavy trading in Lasco Manufacturing

Lasco Manufacturing dominated trading on the Junior Market on Wednesday, with for 47 percent of the units traded, with Jamaican Teas and Caribbean Cream rounding out the volume leaders on Wednesday as investors exchanged 12,985,144 shares at $58,964,309 from 33 securities.

Lasco Manufacturing dominated Junior Market trading with 6 million shares.

Wednesday’s trading contrast with Tuesday’s 4,137,638 units valued at $10,997,880 as 32 securities changed hands. The Junior Market index made further gains in its rebound, by adding19.32 points to close at 2,580.44 after it crossed over the 2,620 points level in the morning session. At the close of the market, prices of 14 securities advanced, 13 declined and six remained unchanged. The average PE ratio of the market ended at 9.3 times 2020-21 earnings.
Trading closed with an average of 393,489 units at $1,786,797 for each security traded in contrast to 129,301 units at $343,684 on Tuesday. The average volume and value for the month to date amounts to 151,514 units valued at $499,172 and previously 135,857 valued at $415,855. In comparison, April closed with an average of 447,863 units valued at $1,028,076 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows two stocks ended with bids higher than its last selling prices and four with lower offers.
At the close of the market, Access Financial shed 25 cents in the exchange of 47,605 units to end at $23, Caribbean Assurance Brokers fell 15 cents to $2.30 with 5,834 shares changing hands, Caribbean Cream slipped 3 cents and traded 4,900 shares to close at $2.72. Caribbean Flavours ended 2 cents lower at $10 in an exchange of 1,276,041 stock units, Derrimon Trading declined by 22 cents and exchanged 211,000 shares to settle at $2.50, Dolphin Cove rose by 25 cents to $7.25 in swapping 1,545 units. Elite Diagnostic ended at $3.35 after falling 5 cents and trading 24,942 shares, Everything Fresh declined by 5 cents in the swapping of 116,123 stock units to close at 75 cents, Express Catering leaped 99 cents to $4.51 in the exchange of 29,558 shares. Fontana closed at $5.95 after climbing 35 cents and trading 507,948 stock units, Fosrich fell 15 cents in the trade of 11,795 units to close at $3.85, General Accident finished 28 cents lower at $6.22 with 207,819 units changing hands. iCreate added 3 cents after switching ownership of 41,481 shares to close at 55 cents, Indies Pharma closed 7 cents higher at $2.29 with an exchange of 101,552 units, Iron Rock Insurance rose 5 cents in the swapping of 64,572 shares to finish at $3.85. Jamaican Teas exchanged 1,939,702 units and gained 15 cents to settle at $4.50, Jetcon added 9 cents to close at 89 cents with 8,229 shares traded, Knutsford Express jumped 28 cents to $8.98 with 36,752 units changing hands. Lasco Distributors dropped 17 cents to $2.73, with 34,238 shares crossing the exchange, Lasco Financial slipped 5 cents and exchanged 198,900 shares to end at $2.65, Lasco Manufacturing traded a volume leading 6,099,978 units to close at $4.01 after inching 1 cent higher. Limners and Bards increased by 20 cents in swapping 410,000 units to end at $1.95, Lumber Depot finished 1 cent lower at $1.13 with 88,045 shares changing hands, MailPac Group slipped 3 cents in the exchange of 644,976 units to settle at $1.85. Main Event closed 42 cents higher at $4.50 with 31,379 shares traded, Medical Disposables shed 30 cents and swapped 1,740 shares to end at $7 and Stationery and Office Supplies rose 2 cents higher to $6.27 with 11,154 units crossing the exchange.
In the junior market preference segment, CAC 2000 9.5% preference share rose 20 cents to $1 after trading 4,392 units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

More gains for Junior Market – Tuesday

The Junior Market made further gains at the close of trading on Tuesday after a break on Monday due to the long holiday weekend, gaining 14.43 points to end at 2,561.12 with prices of 11 securities rising, nine declining and 12 remained unchanged.
Investors traded 32 securities, resulting in an exchange of 4,137,638 units valued at $10,997,880 compared to 4,259,300 units valued at $14,475,328 from 35 securities on Friday. The average PE ratio of the Junior Market ended at 9.2 based on 2020-21 earnings.
Trading ended with an average of 129,301 units at $343,684 for each security traded in contrast to 121,694 units at $413,581 on Friday. The average volume and value for the month to date amounts to units 135,857 valued at $415,855 and previously 136,296 units valued at $420,686. In contrast, April closed with an average of 447,863 units valued at 1,028,076 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows six stocks ended with bids higher than its last selling price and three with lower offers.
At the close of the market, Cargo Handlers dropped 50 cents to $6.05 with 6,438 units traded, Caribbean Cream closed 6 cents higher at $2.75 with an exchange of 61,233 stock units, Caribbean Producers traded 1,418,225 shares and fell 12 cents to end at $2.40. Derrimon Trading jumped 22 cents in swapping of 28,295 shares to settle at $2.72, Dolphin Cove shed 23 cents to close at $7 with 5,709 units changing hands, Elite Diagnostic gained 11 cents and exchanged 92,470 shares to settle at $3.40. Express Catering inched 1 cent higher to finish at $3.52 with 33,230 units traded, Fontana dropped 30 cents to $5.60 with 220,601 units crossing the market, General Accident leaped 49 cents exchanging 30,026 stock units to close at $6.50. GWest lost 3 cents in the trading of 1,160 shares to close at 87 cents, Honey Bun declined by 37 cents to $5.08 with 131,812 shares changing hands, iCreate closed 3 cents lower at 52 cents with 87,177 stock units traded. Indies Pharma picked up 2 cents and exchanged 13,245 shares to settle at $2.22, Iron Rock Insurance ended the day 10 cents down, at $3.80 with an exchange of 10,000 shares, Jamaican Teas climbed 6 cents to settle at $4.35 with 158,546 units crossing the market. Limners and Bards dipped 7 cents to $1.75 with 103,494 shares traded, Lumber Depot swapped 136,889 shares to finish at $1.14 after gaining 2cents, Medical Disposables jumped 30 cents to $7.30 with an exchange of 21,814 units. Paramount Trading added 1 cent to finish at $2 after trading 12,300 shares and Stationery and Office Supplies closed 25 cents higher at $6.25, with 5,809 stock units crossing the exchange.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Junior Market climbs higher

Trading on the Junior Market of the Jamaica Stock Exchange moved higher on Friday, with the Junior Market Index advancing 20.68 points to close at 2,546.69 35 securities changing hands, with the prices of 13 securities rising, 15 declining and seven finishing unchanged.

Junior Market Index showing a bullish signal.

Market Activity, resulted in an exchange of 4,259,300 units valued at $14,475,328, down slightly to 3,217,184 units at $14,221,850 on Thursday.
Trading closed with an average of 121,694 units at $413,581 for each security changing hands, in contrast to 110,937 units for an average of $490,409 on Thursday. The average volume and value for the month to date amounts to 136,296 units valued at $420,686 and previously 152,184 units valued at $421,248. In contrast, April closed with an average of 447,863 units valued at 1,028,076 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows two stocks ended with bids higher than their last selling price and one with a lower offer.
At the close of the market, Access Financial dipped 75 cents in trading 416 units at $23.25, AMG Packaging ended with a loss of 1 cent at $1.75 with 750 stock units changing hands, Blue Power ended trading with 500 shares, after rising 5 cents to end at $3.75. Cargo Handlers closed 5 cents higher at $6.55, with 190 stock units trading, Caribbean Cream climbed 15 cents and exchanged 734 shares at $2.69, Caribbean Producers closed 11 cents higher at $2.52, with 477,643 stock units trading. Derrimon Trading closed 7 cents higher at $2.50, with 17,431 stock units traded, Elite Diagnostic declined by 59 cents in exchanging 9,360 units at $3.29, Express Catering climbed 16 cents and exchanged 18,269 shares at $3.51, Fosrich closed 30 cents higher after trading 99,267 stock units at $4. Fontana closed trading of 96,620 units and gained 34 cents to end at $5.90, General Accident closed 2 cents higher at $6.01, with 648,867 stock units trading. Honey Bun climbed 45 cents and exchanged 52,137 shares at $5.45, iCreate closed with 112,094 units passing through the market and gained 2 cents to end at 55 cents, Iron Rock Insurance declined by 9 cents to settle at $3.90, with 3,000 units changing hands. Jamaican Teas ended trading of 125,687 units with gains of 39 cents to end at $4.29, Jetcon Corporation closed with a loss of 8 cents at 80 cents swapping 28,000 shares, Knutsford Express closed trading of 500 units and gained 20 cents to end at $8.70. Lasco Distributors declined by 10 cents trading 630,500 units at $2.90, Lasco Manufacturing fell by 30 cents exchanging 797,613 units at $4, Limners and Bards dipped 8 cents trading 198,771 units at $1.82. Lumber Depot shed 2 cents trading 370,242 units at $1.12, MailPac Group closed with a loss of 3 cents at $1.88 swapping 251,508 shares, Medical Disposables shed 5 cents transferring 22,711 units at $7. Main Event lost 10 cents in trading of 18,000 units at $4.08, Stationery and Office Supplies lost 5 cents 20,757 units changing hands at $6. SSL Venture ended market activity while exchanging 18,400 shares to close at 75 cents, after falling 10 cents and tTech closed with a loss of 9 cents at $4.41 after swapping 42,269 shares.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Junior Market inches higher – Thursday

The Junior Market Index followed up 111 points gain on Wednesday with an additional 5.21 points rise on Thursday to close at 2,526.01, with the prices of 12 securities advancing, nine declining, with ten stocks closing unchanged.  
Trading concluded with 29 securities changing hands, resulting in an exchange of 3,217,184 units valued at $14,221,850 compared to 2,553,437 units valued at $9,523,569 from 30 securities on Wednesday. The market’s PE ratio closed at 9.2 times 2020-21 earnings.
Trading ended with an average of 110,937 units valued at $490,409 for each security traded in contrast to 85,115 units at $317,452 on Tuesday. The average volume and value for the month to date amounts to 152,184 units valued at $421,248 and previously 139,307 units valued at $416,403. In contrast, April closed with an average of 447,863 units valued at $1,028,076 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows five stocks ended with bids higher than their last selling prices and two with lower offers.
At the close of the market, the recently listed Caribbean Assurance Brokers climbed 11 cents to $2.50 with an exchange of 80,524 units as supply continues to dry up for the stock. Caribbean Cream ended with a loss of 1 cent at $2.54 with 20,000 stock units changing hands, Caribbean Producers finished at $2.41 after sliding 8 cents in the swapping 526,391 units, Derrimon Trading jumped 31 cents in the exchange of 85,106 shares to close at $2.43. Everything Fresh ended 9 cents higher at 80 cents with 26,000 shares changing hands, Express Catering shed 16 cents trading 23,200 stock units at $3.35, Fontana ended market activity 12 cents higher at $5.56 trading 298,168 shares. General Accident jumped 99 cents in the exchange of 1,404,778 units to close at $5.99 after the company posted first-quarter results, with profit rising 146 percent to $76 million as investments and other income grew from just $7 million to $74 million. Honey Bun fell 15 cents to $5 with 34,711 shares crossing the exchange, iCreate added 2 cents and exchanged 70,302 shares to finish at 53 cents, Iron Rock Insurance climbed 54 cents to $3.99 with trading a mere 200 units, Jamaican Teas lost 10 cents in swapping 41,176 units to end at $3.90. Lasco Distributors declined 3 cents to finish at $3 in the trading 95,285 units, Lasco Manufacturing jumped 25 cents and swapped 1,481 shares to settle at $4.30, Limners and Bards finished at $1.90 after gaining 5 cents and exchanging 12,428 shares. Lumber Depot added 1 cent and traded 79,678 units to close at $1.14, MailPac picked up 3 cents to end at $1.91 with 166,821 shares changing hands, Main Event rounded out the day at $4.18 after gaining 10 cents and exchanging 200 shares.  Medical Disposables closed trading of 77,337 units and slipped 7 cents to end at $7.05, Stationery and Office Supplies dropped 25 cents in swapping 68,787 shares to settle at $6.05 and tTech fell 25 cents to $4.50 with 21,000 with units crossing the exchange.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Junior Market jumps 111 points – Wednesday

The Junior Market regained all the ground lost on Tuesday and more in trading on Wednesday as the market index surged 110.51 points to close at 2520.80 as the prices of 15 securities advanced, seven declined and eight remained unchanged.
The day’s activities ended with 30 securities changing hands, resulting in an exchange of 2,553,437 units valued at $9,523,569 compared to 7,713,659 units for $39,344,491 from 31 companies on Tuesday. The average PE ratio of the Junior Market ended at 9.1 times 2020-21 earnings.
Trading closed with an average of 85,115 units at $317,452 for each security traded in contrast to 248,828 units changing hands at $1,269,177 on Monday. The average volume and value for the month to date amounts to 139,307 units valued at $416,403 and previously 143,541 units valued at $424,134. In comparison, April closed with an average of 447,863 units valued at $1,028,076 for each security traded.
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 its last selling prices and three with lower offers.
At the close of the market, Blue Power advanced 15 cents in the exchange of 17,154 units to end at $3.70, Caribbean Assurance Brokers finished 4 cents higher at $2.39 with 1,750 shares changing hands, Caribbean Cream climbed 55 cents and traded 73,000 shares to close at $2.55. Caribbean Flavours ended 2 cents higher at $10.02 in the exchange of 100 shares, Caribbean Producers slipped 1 cent to $2.49 with 109,500 units changing hands, Derrimon Trading gained 12 cents in exchanging 99,504 shares to settle at $2.12. Dolphin Cove fell 57 cents to $7.23 in the swapping of 5,282 units, Elite Diagnostic ended at $3.88 after rising 8 cents and trading just 620 shares, Express Catering added 6 cents in exchanging 117,458 units to close at $3.51. General Accident jumped 49 cents to $5 with 349,065 shares changing hands, Honey Bun fell 25 cents and traded 1,500 shares to close at $5.15, Indies Pharma closed 9 cents higher at $2.20 with 18,818 units crossing the exchange. ISP Finance shed $1.90 in the trading of 6,010 shares to end at $14, Jamaican Teas inched 1 cent higher and exchanged 52,000 shares to settle at $4, Knutsford Express jumped 80 cents to $8.50 with 3,470 units changing hands. Lasco Distributors climbed 73 cents to $3.03, with the swapping of 200 shares, Lasco Financial picked up 10 cents and exchanged 36,897 shares to end at $2.70, Lasco Manufacturing traded 1,018,392 units to close at $4.05 after slipping 4 cents. Limners and Bards declined 5 cents in switching 5,500 units to end at $1.85, Lumber Depot gained 1 cent to end at $1.13 with 95,476 shares traded, MailPac Group gained 4 cents in the exchange of 343,873 units to settle at $1.88 and Medical Disposables jumped 82 cents to close at $7.12 with 6,000 shares crossing the exchange.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading climbs for Junior Market – Tuesday

Investors exchanged 7,713,659 units for $39,344,491 on the Junior Market 31 securities changed hands on Tuesday, in comparison to the 5,004,784 units valued at $10,748,452 from 36 securities on Monday, with Medical Disposables being the dominant trade for the day.
Market activities concluded with the prices of 12 securities rising, seven declining and 12 holding firm as the market index dived 42.97 points to close at 2,410.29. The average PE ratio of the Junior Market ended at nine times 2020-21 earnings.
The day ended with an average of 248,828 units trading at $1,269,177 for each security changing hands, in contrast to 139,022 units for an average of $298,571 on Monday. The average volume and value for the month to date amounts to 143,541 units valued at $424,134 and previously 134,295 units valued at $349,923. In comparison, April closed with an average of 447,863 units valued at $1,028,076 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows seven stocks ended with bids higher than their last selling prices and one with lower offers.
At the close of the market, Access Financial jumped 90 cents in the trading of 2,275 units to settle at $24, Caribbean Assurance Brokers finished 20 cents higher at $2.35 with 1,000 units changing hands, Caribbean Flavours gained 30 cents after swapping 200 shares to end at $10. Caribbean Producers finished at $2.50 after rising 10 cents with 783,115 units changing hands, Dolphin Cove surged 80 cents to close at $7.80 with 8,951 shares crossing the exchange, Elite Diagnostic dropped 8 cents to close at $3.80 in the trading of 2900 units. Everything Fresh slipped 6 cents to 71 cents after exchanging 15,000 shares, Express Catering added 3 cents in trading 21,909 stock units to close at $3.45, Fosrich settled at $3.70 after gaining 20 cents and trading 16,158 shares. General Accident ended 19 cents lower at $4.51 with 161,350 units changing hands, Honey Bun climbed 38 cents to finish at $5.40 with 45,609 stock units trading, Lasco Distributors shed 80 cents in exchanging 237,500 shares to close at $2.30. Lasco Financial finished at $2.60 after losing 9 cents in swapping 59,900 units, Lasco Manufacturing added 9 cents to close at $4.09 with 29,766 shares changing hands, Mailpac Group added 1 cent and exchanged 380,004 shares to end at $1.84. Medical Disposables jumped 45 cents to $6.30 with 5,094,791 shares crossing the market, Paramount Trading lost 1 cent and exchanged a mere 15 units to close at $1.99. SSL Venture dropped 5 cents in the swapping of 10,500 units to close at 85 cents and Stationery and Office Supplies closed 10 cents higher at $6.30 with 20,251 units crossing the exchange.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.