The Junior Market of the Jamaica Stock Exchange suffered another day of decline in the market Index with a fall of 15.76 points to 2507.21, with the market shedding just over 100 points since the close on July 8.
Trading ended with 32 securities changing hands with the prices of 13 stocks rising, nine declining and 10 remaining unchanged. The average PE Ratio of the Junior Market ended at 10 based on IC Insider.com’s forecasted 2020-21 earnings.
The market closed with an exchange of 8,179,963 shares accounting for $41,811,782 compared to 5,783,237 units at $15,071,904 on Tuesday. General Accident led trading with 5.22 million shares for 64 percent of total volume followed by Lumber Depot with 1.08 million units for 13 percent of the day’s trade and Mailpac Group with 574,205 units for 7 percent market share.
An average of 255,624 units traded at $1,306,618 for each security, in contrast to an average of 165,235 valued at $430,626 on Tuesday. An average of 385,314 shares traded at $1,040,951 for each security traded, for the month to date, in contrast to 398,323 units at $1,014,301. June ended with an average of 245,049 units valued at $689,955.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the Junior Market shows one stock ended with bids higher than their last selling prices and 3 with lower offers.
At the close of the market, Access Financial declined by $1.99 to settle at $23.50 with investors swapping 68 stock units, AMG Packaging rose 3 cents to end at $1.55 with 31,000 stock units changing hands, Caribbean Assurance Brokers carved out a loss 7 cents in ending at $2.13 with investors switching ownership of 51,571 units. Caribbean Producers rose 3 cents to end at $2.44 in trading 31,897 stock units, Dolphin Cove gained $1 to close at $8 in exchanging 10,007 units, Express Catering fell 5 cents to $4.20 with an exchange of 6,504 units. Fontana fell 5 cents after closing at $5.11, with 54,087 stock units crossing the exchange, General Accident lost 21 cents to close at $6.80, with 5,216,851 stock units passing through the market, Honey Bun added 10 cents to end at $4.90 in exchanging 127,592 shares. Indies Pharma increased by 6 cents to settle at $2.76 247,288 shares changing hands, Jamaican Teas rose 5 cents to end at $5.05 in trading 59,383 shares, Jetcon Corporation gained 1 cent to end at 97 cents with investors swapping 9,533 stock units. Lasco Distributors added 3 cents in ending at $2.84 trading 118,580 stock units, Limners and Bards jumped 16 cents to close at $2.65 while exchanging 20,014 units, Lumber Depot carved out a loss 2 cents to close at $1.05 with investors switching ownership of 1,076,643 shares. 
Mailpac Group shed 1 cent to settle at $1.99 while exchanging 574,205 units, Main Event gained 6 cents to close at $4.05, with 1,800 units crossing the exchange, Medical Disposables carved out a loss 35 cents to close at $6 with investors swapping 2,772 units. Paramount Trading gained 15 cents to finish at $1.96, with 48,099 shares crossing the market, SSL Venture eked out a gain of 4 cents to settle at 89 cents in switching ownership of 3,000 units. Stationery and Office Supplies rose 1 cent to end at $5.61, trading 56,445 stock units and tTech lost $1.05 to end at $4.70 after 18,037 shares changed hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Investors push Junior Market down
The Junior Market lost more grounds in trading on Tuesday as the level of trading saw a 51 percent rise in the volume of stocks trading over that of Monday valued 38 percent more.
At the close, the Junior Market Index declined 33.03 points to close at 2,522.97. Trading ended with 35 securities changing hands with the prices of 9 stocks rising, 14 declining and prices of 12 closing unchanged. The average PE Ratio of the Junior Market ended at 10 based on IC Insider.com’s forecasted 2020-21 earnings.
The market closed with an exchange of 5,783,237 shares accounting for $15,071,904 compared to 3,822,981 units at $10,886,036 on Monday. Trading was led by Mailpac Group, with 2.20 million shares for 38 percent of total volume followed by Limners and Bards with 1.14 million units for 20 percent of the day’s trade and Lumber Depot with 786,349 units for 13.6 percent market share.
An average trade of 165,235 units at $430,626 for each security traded, took place on Tuesday, in contrast to an average of 123,322 at $351,162 on Monday. An average of 398,323 units traded for $1,014,301 for the month to date, in contrast to 427,049 units at $1,086,232. The average for June ended at 245,049 units at $689,955.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the Junior Market shows two stocks ended with bids higher than their last selling prices and two with lower offers.
At the close of the market, Access Financial rose 49 cents ending at $25.49 in trading 100 stock units, Blue Power shed 1 cent to close at $3.79 in exchanging 4,804 units, CAC 2000 jumped $1.20 to end at $9.20 with investors swapping 817 shares. Caribbean Producers declined 4 cents to $2.41 with an exchange of 34,396 shares, Fontana fell 4 cents to close at $5.16 in trading 48,029 shares. General Accident carved out a gain of just 1 cent to end at $7.01 with 200,895 units changing hands, GWest Corporation added 4 cents to end at 89 cents trading 4,066 stock units, Honey Bun dropped 69 cents to close at $4.80 after exchanging 259,576 shares. Indies Pharma lost 5 cents in closing at $2.70 with investors swapping 67,456 units, Jamaican Teas advanced by 1 cent to close at $5 in trading 153,741 units, Jetcon Corporation lost 5 cents to settle at 96 cents, with an exchange of 15,900 stock units. Knutsford Express climbed 38 cents to settle at $7 with investors switching ownership of 28,275 units, Lasco Distributors fell 18 cents to $2.81 trading 74,800 shares, 
Lasco Financial lost l2 cents to end at $2.49 after exchanging 43,312 shares. Lasco Manufacturing gained 4 cents to end at $3.60, with 23,350 units changing hands, Limners and Bards increased 4 cents to $2.49 in trading 1,138,812 stock units, Mailpac Group fell 4 cents to $2 with an exchange of 2,204,157 stock units. Medical Disposables shed 6 cents to end at $6.35 with 48,577 stock units crossing the exchange, Paramount Trading gained 1 cent to end at $1.81 with investors trading 580 stock units, SSL Venture dropped 4 cents to settle at 85 cents with 49,835 units changing hands. Stationery and Office Supplies declined by 20 cents to close at $5.60 in trading 16,097 units and tTech declined by 5 cents to settle at $5.75 in trading 59,153 stock units.
Derrimon Trading preference share dropped by 10 cents to close at $1.80 in trading 44,192 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market claws back losses
Junior Market stocks partially reversed the sharp decline they suffered on Friday by recovering more than half of the loss in the index on Monday and closed with advancing stocks beating out decliners.
At the close, the Junior Market Index climbed 23.92 points to 2,556.00. Trading ended with 31 securities changing hands with the prices of 13 stocks rising, 11 declining and seven closing unchanged.
The average PE Ratio of the Junior Market ended at 10 based on IC Insider.com’s forecasted 2020-21 earnings. The market closed with an exchange of 3,822,981 shares for $10,886,036 compared to 4,584,423 units at $12,466,749 on Friday.
The average trade for the day ended at 123,322 units at $351,162 in contrast to an average of 130,984 valued at $356,193 on Friday. An average 427,049 units traded for the month to date for $1,086,232, in contrast to 464,265 units at $1,176,300. The average for June was245,049 units at $689,955.
Mailpac Group led trading with 1.42 million shares for 37 percent of total volume, followed by Indies Pharma with 521,761 units for 13.6 percent of the day’s trade and General Accident with 415,000 units for 11 percent market share.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the Junior Market shows one stock ended with the bid higher than the last selling price and two with lower offers.
At the close of the market, Access Financial advanced $3.33 to settle at $25 after an exchange of 4,208 shares, AMG Packaging jumped 37 cents to end at $1.52 with investors swapping ten units, Caribbean Flavours jumped $1 to close at $11.50 trading 976 units. Caribbean Producers dropped 3 cents to end at $2.45 with an exchange of 410,802 units, Dolphin Cove lost 80 cents to end at $7 in trading 41,830 shares, Everything Fresh gained 7 cents to close at 74 cents with 35,000 shares changing hands. Fontana climbed 10 cents to end at $5.20 with an exchange of 115,618 units, General Accident rose by 20 cents to end at $7 with investors exchanging 415,000 shares, Honey Bun lost 1 cent to close at $5.49 in trading 17,345 units. iCreate gained 1 cent to settle at 55 cents with investors swapping 29,262 stock units, Indies Pharma shed 3 cents in ending at $2.75 and trading 521,761 stock units, ISP Finance fell 8 cents and closing at $15.90 after exchanging 100 shares. 
Jamaican Teas rose 29 cents to end at $4.99 trading 14,142 stock units, Jetcon Corporation declined by 4 cents in ending at $1.01 with 52,984 stock units crossing the exchange, KLE Group declined by 1 cent in closing at $1.79 with an exchange of 279 shares. Knutsford Express gained 12 cents to end at $6.62 in trading 8,420 stock units, Lasco Distributors shed 8 cents to close at $2.99 in exchanging 43,174 stock units, Lasco Manufacturing fell 14 cents ending at $3.56 with investors switching 21,945 units. Limners and Bards shed 15 cents to close at $2.45 with an exchange of 111,677 stock units, Lumber Depot ended rising 5 cents to $1.07 trading 208,644 units, Mailpac Group added 1 cent to settle at $2.04 in exchanging 1,415,547 stock units. Main Event dropped 8 cents to $3.99 with 37,832 stock units changing hands, Medical Disposables inched 1 cent higher to close at $6.41 with an exchange of 4,384 units and tTech jumped $1.10 to settle at $5.80 in trading 1,148 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The Junior Market tumbles on Friday
The Junior Market Index tumbled on Friday with a drop of 63.94 points to end trading activities at 2,532.08 as declining stocks outpaced advancing ones 3 to 1.
The day ended, with the prices of seven stocks rising, 20 declining while eight remained firm. The average PE Ratio of the Junior Market ended at nine based on IC Insider.com’s forecasted 2020-21 earnings.
Trading ended with an exchange of 4,584,423 shares for $12,466,749 from 35 shares compared to 6,245,390 units at $15,597,349 from 33 securities on Thursday. Indies Pharma led trading with 2.43 million shares for 53 percent of total volume, followed by Everything Fresh with 384,763 units for 8 percent of the day’s trade and Lumber Depot with 250,122 units for 6 percent market share.
The average trade for the day ended at 130,984 units for an average of $356,193, in contrast to an average of 189,254 valued at $472,647 on Thursday. The average volume and value for the month to date amounts to 464,265 units at $1,176,300 for each security traded in contrast to 517,773 units at $1,307,969 previously.
In contrast, the average trade for June was 245,049 units at $689,955 for each active security.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the Junior Market shows three stocks ended with bids higher than their last selling prices and two with lower offers.
At the close of the market, Access Financial dived $4.33 to $21.67 in trading 17,214 units, AMG Packaging lost 36 cents to settle at a 52 weeks’ low of $1.15 with investors transferring 49,074 units, Caribbean Flavours jumped 32 cents to finish at $10.50 with an exchange of 3,404 stock units. Caribbean Producers increased by 10 cents to close at $2.48 in trading 52,951 units, Derrimon Trading slipped 3 cents to close at $2.38 with 5,400 stock units changing hands, Dolphin Cove declined by 20 cents to end at $7.80 with of 21,000 units changing hands. Elite Diagnostic dropped 13 cents and traded 16,797 units to finish at $3.62, Everything Fresh lost 8 cents to close at 67 cents with investors transferring 384,763 shares, Express Catering fell 5 cents to $4.25 with 50 shares changing hands. Fontana dipped by 9 cents to close at $5.10 with investors exchanging 111,283 units, Fosrich dropped 7 cents to $3.68 in the transfer of 9,043 units, General Accident shed 20 cents in the trading of 18,676 shares to finish at $6.80. GWest Corporation lost 4 cents and exchanged 5,204 units to settle at 85 cents, Indies Pharma ended with investors transferring 2,426,126 stock units as the stock shed 17 cents to close at $2.78, Jamaican Teas lost 9 cents to finish at $4.70 with 44,424 stock units changing hands. Jetcon Corporation fell 3 cents to settle at $1.05 in trading 62,409 shares, 
Knutsford Express dropped 30 cents to close at $6.50 with 102,248 units changing hands, Lasco Financial rose 1 cent to $2.51 with an exchange of 47,400 shares. Lasco Manufacturing increased by 9 cents to settle at $3.70 with 104,900 units traded, Limners and Bards gained 10 cents to end at $2.60 with investors transferring 73,015 shares, Lumber Depot fell 3 cents and traded 250,122 units to finish $1.02. Mailpac Group closed 5 cents higher at $2.03 with 170,630 stock units changing hands, Main Event declined 1 cent to $4.07 in the transfer of 769 units, Paramount Trading lost 14 cents to end at $1.80 with 30,600 shares crossing the exchange. SSL Venture slipped 1 cent to 89 cents and exchanging just one unit, Stationery and Office Supplies gained 10 cents to end at $5.80 with the transfer of 2,300 units and tTech lost 50 cents to close at $4.70 with 3,074 units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market loses ground on Thursday
The Junior Market moved higher during early trading on Thursday, with the market Index hitting the 2620 points mark, but it failed to hang to the gains by the close to end with a fall of 14 points to end at 2596.02.
At the close, investors exchanged 6,245,390 shares for $15,597,349 from 33 securities compared to 22,898,027 units at $49,652,613 from 34 securities on Wednesday.
Trading ended with the prices of nine stocks rising, 13 declining and 11 closing unchanged. The average PE Ratio of the Junior Market ended at 10.1 based on IC Insider.com’s forecasted 2020-21 earnings.
Mailpac Group led trading with 2.8 million shares for 45 percent of total the volume followed by Indies Pharma with 1.13 million units for 18 percent of the day’s trade and Lumber Depot with 798,698 units for 13 percent market share.
The average trade for the day ended at 189,254 units at $472,647, in contrast to an average of 673,471 valued at $1,460,371 on Wednesday. The average volume and value for the month to date amounts to 517,773 units for $9,832,505, in contrast to 658,177 at $1,664,469 previously. In contrast, the average trade for June was 245,049 units at $689,955 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the Junior Market shows three stocks ended with bids higher than their last selling prices and three with lower offers.
At the close of the market AMG Packaging declined by 1 cent to end at $1.51 with investors trading 3,197 shares, Blue Power fell 8 cents to settle at $3.80 with investors swapping 3,626 stock units, Cargo Handlers dropped 30 cents in a transfer of 100 stock units to finish at $7.50. Caribbean Assurance Brokers slipped 3 cents to $2.20 with an exchange of 1,500 shares, Caribbean Producers dipped 10 cents trading 32,320 units to settle at $2.38, Derrimon Trading rose 3 cents to end at $2.41 with 53,674 units changing hands. Everything Fresh gained 9 cents in an exchange of 4,337 shares to settle at 75 cents, Fosrich shed 15 cents to close at $3.75 trading 8,810 units in the process, General Accident ended 1 cent higher at $7 with investors trading 121,951 shares. 
Honey Bun lost 8 cents to close at $5.50 in an exchange of 75,000 stock units, iCreate lost 1 cent to 54 cents trading 37,636 shares, Jamaican Teas lost 6 cents to close at $4.79 with 13,801 shares changing hands. Jetcon Corporation advanced 7 cents to end at $1.08 in the transferring of 128,201 units, Knutsford Express dropped $1.10 and exchanged 355,936 stock units to close at $6.80, Lasco Manufacturing shed 29 cents to end at $3.61 with 41,729 units crossing the exchange. Limners and Bards gained 3 cents to close at $2.50 with investors transferring 3,601 shares, Lumber Depot rose 3 cents to settle at $1.05 with investors trading 798,698 stock units, Mailpac Group exchanged 2,800,768 units to finish at $1.98 after rising 2 cents. Medical Disposables dropped 60 cents to close at $6.40 with the trading of 10,000 units and Stationery and Office Supplies dived 28 cents to end at $5.70 with 33,291 shares crossing the exchange.
In the junior market preference segment, CAC 2000 9.5% gained 4 cents to finish at $1.20, with investors transferring 150 stock units and Derrimon Trading climbed 10 cents to close at $1.90 with 59,447 units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market ekes out more gains – Wednesday
Within 20 minutes of opening on Wednesday, the Junior Market surged nearly 40 points to 2,640.89 points, but selling pressure of a few stocks gradually eroded the most of the early gains, leaving the Market Index in adding just 8.04 points for the day, to finish at 2610.02 with Mailpac accounting for more than 19 million shares.
Similar to Tuesday, when 34 securities changed hands, a similar number of stocks traded on Wednesday, with the prices of 14 stocks rising, nine declining and 11 stocks closing unchanged. The day ended with an exchange of 22,898,027 shares accounting for $49,652,613 compared to 21,554,761 units at $46,869,796 on Tuesday. The average PE Ratio of the Junior Market ended at 10.3 based on IC Insider.com’s forecasted 2020-21 earnings.
Mailpac Group led trading with 19.3 million shares for 84 percent of total volume followed by General Accident with 1.24 million units for 5.4 percent of the day’s trade and Everything Fresh with 498,073 units for 2 percent market share.
The average trade for the day ended at 673,471 units at $1,460,371, in contrast to an average of 633,964 shares for $1,378,523 on Tuesday. For the month to date, an average of 658,177 shares traded at $1,664,469 for each security, in contrast to 554,511 units at $1,456,207 previously. in comparison, the average trade for June was 245,049 units at $689,955 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the Junior Market shows two stocks ended with bids higher than their last selling prices and two with lower offers.
At the close of the market, Access Financial rose $1.50 to end at $26 trading 6,506 stock units, AMG Packaging gained 1 cent and exchanged 5,355 shares to finish at $1.52, Blue Power added 8 cents to settle at $3.88 with investors transferring 800 units. Cargo Handlers jumped 80 cents to $7.80 with 455 units changing hands, Caribbean Flavours shed $3.82 to settle at $10.18 with an exchange of 10,000 shares, Caribbean Producers declined by 2 cents to close at $2.48, trading 126,365 shares. Consolidated Bakeries advanced 4 cents to finish at $1.55 with investors transferring 479,671 stock units, Derrimon Trading slipped 1 cent to $2.38 with an exchange of 100 stock units exchanged, Everything Fresh fell 11 cents to close at 66 cents, trading 498,073 shares. Express Catering lost 5 cents to end at $4.30 with 1,158 stock units changing hands, Fontana increased by 14 cents to settle at $5.19 with investors transferring 85,039 shares, General Accident traded 1,237,500 units and jumped 39 cents to end at $6.99. GWest Corporation advanced 4 cents to 89 cents in trading 200 units,
Honey Bun rose 3 cents to settle at $5.58 with the trading of 61,790 units, Indies Pharma gained 1 cent as investors transferred 341,207 shares to finish at $2.95. Jamaican Teas declined by 5 cents to end at $4.85 with trading in 4,500 shares, Jetcon Corporation closed 2 cents higher at $1.01 with an exchange of 60,500 shares, Limners and Bards lost 13 cents to finish at $2.47 with 125,851 shares changing hands. Lumber Depot fell 5 cents and traded 309,800 shares to close at $1.02, Mailpac Group exchanged 19,259,357 units and gained 8 cents to settle at $1.96, Medical Disposables jumped 25 cents to close at $7 with 16,482 stock units changing hands. Paramount Trading lost 6 cents to finish at $1.94, with investors transferring 705 stock units and SSL Venture gained 12 cents to settle at 90 cents with 452 shares crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market climbs higher on Tuesday
The Junior Market inched a bit higher on Tuesday with an increased number of shares at a higher value trading than on Monday. The market activity left the Index modestly higher, with a rise of 7.94 points to close back above 2,600 at 2,601.98.
Trading ended with 34 securities changing hands with the prices of 14 stocks rising, 11 declining and nine closing unchanged. The average PE Ratio of the Junior Market ended at 10.4 based on IC Insider.com’s forecasted 2020-21 earnings.
The market closed with an exchange of 21,554,761 shares at $46,869,796 compared to 9,111,135 units at $34,960,291 on Monday.
Mailpac Group led trading with 17.10 million shares for 79 percent of total volume, followed by Indies Pharma with 2.47 million units for 11.4 percent of the day’s trade and Fontana with 699,085 units for 3.2 percent market share.
The average trade for the day ended at 633,964 units at $1,378,523 in contrast to an average of 293,908 valued at $1,127,751 on Monday. An average of 554,511 units traded for the month at $1,456,207 for each security, in contrast to 531,422 units at $1,478,781. The average volume and value for June was 245,049 units valued at $689,955.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the Junior Market shows one stock ended with the bid higher than its last selling price and four with lower offers.
At the close of the market, Access Financial lost 5 cents to end at $24.50 in trading 1,029 units, AMG Packaging closed 10 cents lower at $1.51 after exchanging 25,295 shares, Blue Power lost 9 cents to close at $3.80 in trading 2,690 stock units. Cargo Handlers rose 60 cents to $7 with investors transferring 2,150 shares, Caribbean Assurance Brokers lost 1 cent to end at $2.23 while exchanging 1,750 units, Caribbean Cream gained 10 cents to settle at $2.80 trading 3,113 stock units. Caribbean Producers gained 11 cents and ended at $2.50 with an exchange of 274,977 shares, Consolidated Bakeries fell 19 cents to $1.51, with investors swapping 700 units, Derrimon Trading closed 21 cents higher at $2.39 in trading 20,002 stock units. Elite Diagnostic shed 12 cents to end at $3.75 with a transfer of 3,000 units, Express Catering closed at $4.35, after picking up 34 cents and exchanging 8,000 stock units, Fontana gained 1 cent to end at $5.05, with 699,085 shares crossing the exchange. Fosrich gained 25 cents to close at $3.90 with 69,520 stock units changing hands, General Accident ended at $6.60, after rising 10 cents trading 82,050 shares, Honey Bun declined by 5 cents to $5.55, in exchanging 5,820 shares. 
Indies Pharma lost 6 cents to end at $2.94 trading 2,467,439 shares, ISP Finance climbed $2.98 to $15.98, with an exchange of just one stock unit, Jetcon Corporation gained 6 cents to close at 99 cents, with investors transferring 205,000 shares. Lasco Distributors rose 7 cents to end at $3.07 trading 216,327 shares, Lasco Financial was down 5 cents to settle at $2.50, in exchanging 13,100 stock units, Lasco Manufacturing rose 10 cents and closed at $3.90, with 11,367 stock units changing hands. Limners and Bards added 5 cents to settle at $2.60 trading 15,459 shares, Mailpac Group shed 29 cents to end at $1.88, after trading 17,100,452 shares, Main Event ended at $4.08, after picking up 1 cent with 1,000 units crossing the exchange. Medical Disposables shed 25 cents to settle at $6.75, with an exchange of 1,353 units and tTech closed 40 cents higher at $5.20, in transferring 200 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Solid gain for Junior Market
In Junior Market trading, the Market Index surged 82 points to just over 2,621, within 30 minutes of the market opening, but slipped back later to close up a solid 54.85 points, to finish the day at 2,594.04.
General Accident was the market leader with 2.6 million shares.
The average PE Ratio of the Junior Market ended the day at 10 based on IC Insider.com’s forecasted 2020-21 earnings.
Trading ended with 31 securities changing hands with the prices of 10 stocks rising, 12 declining and prices of nine closing unchanged. The market closed with an exchange of 9,111,135 shares, accounting for $34,960,291 compared to an unusually high volume of 37,360,918 units at $101,776,650 on Friday.
General Accident led trading with 2.61 million shares for 29 percent of total volume for the day, followed by Indies Pharma with 2.42 million units for 26.5 percent of the day’s trade and MailPac Group with 1.1 million units for 12 percent market share.
The average trade for the day ended at 293,908 units at $1,127,751 in contrast to an average of 1,383,738 for $3,769,506 on Friday. An average 522,491 units at $1,453,928 has so far traded for the month to date in contrast to 617,038 units at $1,605,315 up to Friday last. The average traded for June was 245,049 units at $689,955 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the Junior Market shows two stocks ending with bids higher than their last selling prices and two with lower offers.
At the close of the market, Access Financial gained 55 cents to close at $24.55 in trading 454 shares, AMG Packaging lost 7 cents in ending at $1.61 while transferring 4,841 units, Blue Power picked up 26 cents in exchanging 6,364 stock units and settled at $3.89. Cargo Handlers declined 50 cents to end at $6.40 trading just one share, Caribbean Assurance Brokers gained 4 cents to close at $2.24 with 1,000 units changing hands, Caribbean Cream slipped 8 cents to $2.70, in transferring 19,920 stock units. Caribbean Flavours closed 28 cents higher at $14, with an exchange of 3,000 shares, Consolidated Bakeries gained 10 cents to end at $1.70, after trading 1,000 units, Express Catering shed 34 cents to finish at $4.01, having exchanged 7,429 shares. Fontana dropped 21 cents to $5.04 with a transfer of 761,613 shares, General Accident rose 30 cents to end at $6.50 after an exchange of 2,610,400 stock units, Honey Bun picked up 4 cents to close at $5.60 in trading 16,345 shares. 
Indies Pharma jumped 57cents and ended at $3, exchanging 2,416,374 units, ISP Finance climbed $1 to $13, after transferring 2,149 shares, Jamaican Teas lost 6 cents to settle at $4.90, having traded 70,250 stock units. Lasco Distributors closed 7 cents lower at $3, with an exchange of 122,125 shares, Lasco Financial slipped 2 cents to $2.55 with 250,343 units changing hands, Lasco Manufacturing lost 10 cents to close at $3.80 trading 7,789 shares. Lumber Depot slipped 4 cents in closing at $1.07 with investors transferring 159,328 shares, MailPac Group lost 2 cents to finish trading 1,101,551 units at $2.17. Medical Disposables rose 70 cents to close at $7 trading 10,000 shares and Stationery and Office Supplies dipped 2 cents to end at $5.98 after exchanging 3,626 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
LascoMan dominates Junior Market trading
Lasco Manufacturing traded 18.6 shares for 49.8 percent of total volume on Friday on the Junior Market to be the leading trade for the day. Derrimon Trading was next with 14.47 million units for 38.7 percent of the day’s volume, followed by MailPac Group with 3.47 million units for 9.3 percent market share.
Lasco Manufacturing dominated Junior Market trading with 18.6 million shares.
Prices of Lasco Manufacturing and Mailpac went in opposite directions with the Lasco price hitting $3.40, helping to pull the market index down from the 2,595 points level in morning trading, by approximately 70 points. Mailpac declared a 4 cents interim dividend, the first since listing and encouraged investors’ demand in pushing the price to $2.54, the highest since it traded at $2.60, shortly after the shares were listed in December last year. Derrimon Trading traded and ended unchanged for the day.
The Junior Market Index that rose in the morning session to almost 2,600 points, but was hit, with the index tumbling to 2,525 points level at one stage before it bounced to end the day with a fall of 14.67 points at 2,539.19. The average PE Ratio of the Junior Market ended at 10.1 based on IC Insider.com’s forecasted 2020-21 earnings.
Trading ended with 27 securities changing hands with the prices of 10 stocks rising, eight declining and nine closing unchanged. 
The market closed with an exchange of 37,360,918 shares amounting to $101,776,650 compared to 11,750,821 units at $26,397,742 on Thursday.
The average trade for the day ended at 1,383,738 units for $3,769,506 in contrast to an average of 391,694 valued at $879,925 on Thursday. The average volume and value for the month to date amounts to 617,038 units valued at $1,605,315 in contrast to 266,175 units at $614,923. Trading for June ended with an average of 245,049 units valued at $689,955.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the Junior market shows five stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close of the market, Blue Power lost 25 cents to end at $3.63 in trading 9,400 stock units, Cargo Handlers gained 50 cents to close at $6.90 with investors Transferring 90 units, Caribbean Cream rose 9 cents to end at $2.78 with an exchange of 67,075 shares. Everything Fresh closed at 77 cents, after picking up 1 cent trading and 17,251 stock units, investors in Express Catering transferred2,116 units at $4.35, with a 1 cent gain, Fontana lost 7 cents to settle at $5.25 trading 92,626 shares. Fosrich ended 10 cents higher at $3.65, with an exchange of10,702 shares, Honey Bun slipped 13 cents to $5.56 after the trading of 7,000 stock units, Indies Pharma shed 2 cents to close at $2.43 with 61,385 shares changing hands. 
Jamaican Teas fell by 11 cents to $4.96 in trading 13,750 units, Jetcon Corporation lost 12 cents to end at 93 cents in exchanging 50,000 shares, Lasco Distributors ended at $3.07 with gains of 16 cents after the transfer of 73,700 shares. Lasco Manufacturing rose 40 cents in closing at $3.90, in the trading of 18,620,719 shares, Limners and Bards lost 10 cents to settle at $2.55 with investors exchanging 185,809 shares, Lumber Depot rising 1 cent ended at $1.11, with an exchange of124,953 shares. MailPac Group gained 13 cents to close at $2.19 with a transfer of 3,470,490 shares, Stationery and Office Supplies rose 29 cents to end at $6, with 10,724 units changing hands and tTech dropped 59 cents in closing at $4.80 and trading 24,245 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Big drop for Junior Market – Thursday
This week’s rally was cut short with the prices of juts nine stocks rising on Thursday, 16 declining and five closing unchanged and the Junior Market index tumbled 63.16 points to close well under 2,600 points mark in ending at 2553.86.
The average PE Ratio of the Junior Market ended at 10.1 based on IC Insider.com’s forecasted 2020-21 earnings.
The market closed with the trading of 30 securities changing hands with an exchange of 11,750,821 shares for $26,397,742 compared to 3,953,494 units at $9,882,736 on Wednesday.
Derrimon Trading led trading with 9.3 million shares for 77 percent of the day’s trade, followed by Mailpac Group with 733,707 units for 6 percent of the day’s volume and iCreate with 588,774 units for 5 percent market share.
Market activity resulted in an average of 391,694 units at $879,925 for each active security in contrast to an average of 136,327 shares at $340,784 on Wednesday. For the month to date, an average of 266,175 units changed hands at $614,923 for each security traded. Trading for June ended with an average of 245,049 units at $689,955.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the Junior Market shows five stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close of the market, Access Financial fell $3 with an exchange of 6,206 stock units, to finish at $24, Caribbean Cream rose 24 cents to end at $2.69 with the trading of 13,571 shares, Caribbean Producers settled at $2.39, after gaining 2 cents and with the transfer of 31,706 stock units. Derrimon Trading ended the day with 9,025,688 shares changing hands after shedding 34 cents to settle at $2.18, Elite Diagnostic declined by 6 cents to end at $3.87 with 21,229 units changing hands. Everything Fresh rose 2 cents to 76 cents with investors transferring 12,676 units, Express Catering increased by 4 cents after trading 1,996 stock units to finish at $4.34, Fontana fell 7 cents to settle at $5.32, with an exchange of 171,508 stock units, Fosrich advanced 4 cents to close at $3.55 trading 4,767 stock units. GWest Corporation lost 5 cents to close at 85 cents with 25,802 units changing hands, Honey Bun gained 29 cents after investors transferred 27,887 stock units to end at $5.69, iCreate fell 2 cents to 55 cents in the exchange of 588,774 shares. Indies Pharma closed at $2.45 after falling 3 cents and trading 42,180 stock units, Jamaican Teas gained 8 cents to close at $5.07 in the transfer of 218,974 shares, Jetcon Corporation slipped 3 cents to $1.05 with an exchange of 4,634 shares. Knutsford Express lost $1 to end at $7.90 in trading a mere 148 shares, Lasco Distributors slipped 9 cents to close at $2.91 with 103,988 units changing hands,
Lasco Financial declined 3 cents and exchanged 128,885 stock units to settle at $2.57. Lasco Manufacturing shed 46 cents to close at $3.50 with 145,000 stock units traded, Limners and Bards fell 12 cents to end at $2.65 in the transfer of 173,100 units, Lumber Depot slipped 2 cents to $1.10 with investors exchanging 173,176 shares. Mailpac Group rose 8 cents and closed at $2.06 with 733,707 stock units changing hands, Main Event ended at $4.07 after tumbling 41 cents in the transfer of 1,739 shares, Stationery and Office Supplies dropped 58 cents and traded 25,010 stock units to settle at $5.71 and tTech jumped 69 cents to close at $5.39, with just 35 units crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
