The Junior Market Index declined further on Friday, taking it down to 2,317.91 with a fall of 27.62 points at the close, slashing 31 percent off the value of Junior Market stocks in 2019 and 37 percent since it peaked in August last year, taking the market back to September 2016 levels. 
Trading ended, with 34 securities changing hands, resulting in the prices of 10 securities advancing, 18 declining and six remaining unchanged.an exchange of 4,544,381 units valued at $10,187,594 compared to 4,910,632 units valued at $15,136,846 on Thursday. Trading left the average market PE ratio at 11 times 2019 earnings.
Trading ended with an average of 133,658 units at $299,635 for each security, in contrast to 148,807 units for an average of $458,692 on Thursday. The average volume and value for the month to date amounts to 152,909 units valued at $396,388 and previously 155,263 units valued at $408,221. In contrast, February closed with an average of 167,673 units valued at $488,038 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 bid higher than the last selling prices and four with lower offers.
At the close of the market, Access Financial shed $1.25 in trading of 13,618 units at $22.75, AMG Packaging ended market activity, exchanging 35,500 shares to close at $1.65, after falling 25 cents, Caribbean Producers dipped 50 cents in trading of 33,850 units at $3.50. Consolidated Bakeries added 1 cent in exchanging 217,000 shares at $1.51, Derrimon Trading fell 15 cents in trading of 343,000 units at a 52 weeks’ low of $1.70, Dolphin Cove lost 30 cents to end at $8, after trading 28,000 shares. Elite Diagnostic shed 10 cents exchanging 5,000 units at $3.80, Express Catering fell 10 cents after 20,000 units changed hands at $3.70, Fontana gained 20 cents to close at $4.71, trading 412,665 stock units, Fosrich fell 15 cents to a 52 weeks’ low of $2.95, with 34,558 units changing hands. General Accident dropped $1.10 and ended market activity exchanging 67,413 shares at $5, Honey Bun declined 65 cents trading 123,374 units at $5.25, iCreate lost 2 cents with 167,462 units crossing the market at a 52 weeks’ low of 48 cents, Indies Pharma transferred 52,631 units and gained 3 cents to end at $1.99. Jamaican Teas lost 23 cents transferring 26,418 units at $4.97, Jetcon closed 5 cents higher at $1.25, with 1,039,008 stock units changing hands, Key Insurance gained 20 cents to end at $2.40, with 40,000 stock units crossing the exchange. Lasco Distributors dipped 20 cents in trading of 198,632 units at a 52 weeks’ high of $2.60, Lasco Financial gained 4 cents in exchanging 44,826 shares at $2.30, Lasco Manufacturing closed trading of 115,800 units with a gain of 5 cents to end at $3.01.
Limners and Bards closed 18 cents higher at $2.25, with 139,147 stock units moving through the market, Lumber Depot ended with a loss of 1 cent at $1.28, with 24,161 stock units changing hands, Main Event closed 5 cents higher at $4.17, with 22,996 stock units trading. MailPac closed with a loss of 13 cents at $1.35, in swapping of 919,320 shares, Paramount Trading shed 3 cents to close at $1.97 exchanging 57,898 shares, SSL Venture shed 2 cents in trading of 1,443 units at $1 and Stationery and Office Supplies closed 30 cents higher at $7, with just ten stock units changing hands.
Prices of securities trading for the day are those at which the last trade took place.
The market closed with two stocks rising, six declining while six remained unchanged. The volume of stocks passing through the market fell to 347,621 shares valued $8,785,947 compared to 488,591 shares for $11,813,231 on Thursday.
Massy Holdings fell $1.35 to $61.60 in transferring 50,437 shares and Trinidad & Tobago NGL traded 20,993 stock units and shed 50 cents to end at a 52 weeks’ low of $16.50.
The Market closed with an average of 719,712 units valued at an average of $4,567,619 for each security traded, in contrast to 1,475,633 units valued at an average of $4,169,586 on Wednesday. The average volume and value for the month to date amount to 772,634 units valued at $4,772,738 for each security changing hands, compared to 778,055 units valued at $4,796,287 for each security traded. Trading in February resulted in an average of 624,731 units valued at $3,239,665 for each security.
Sagicor Group dropped $1 to finish at $57, after trading 227,486 shares, Sagicor Real Estate Fund slipped to 88 cents, with the swapping of 28,167 shares to close at a 52 weeks’ low of $6.01, Scotia Group fell $1 to end at $50, after exchanging 389,765 shares. Seprod gained $2.55 to close at $44.50, with 109,882 shares changing hands, but only after the price hit a 52 weeks’ low of $35, Supreme Ventures closed at $18.50, with a loss of 50 cents transferring 1,419,961 shares, Sygnus Credit Investments closed at $18.49, after rising 49 cents trading 146,919 shares. Victoria Mutual Investments closed 75 cents higher to $7.95, transferring 391,775 units and Wisynco Group climbed $3.99 to end the day’s trade at $19.99 with 1,050,891 shares changing hands.
Derrimon Trading rose 5 cents to $1.85, in transferring 3,949 shares. Dolphin Cove rose 50 cents exchanging 10,378 shares to close at $8.30, Elite Diagnostic gained 50 cents higher at $3.90, with the trading of 258,458 stock units, Express Catering shed 19 cents with 59,955 shares changing hands at $3.80. Fontana declined by 19 cents to settle at $4.51, with 1,531,748 units traded, Fosrich gained 10 cents exchanging 49,334 shares at $3.10, General Accident closed trading with 86,671 shares, after jumping $1 to end at $6.10, GWest Corporation ended trading with 51,178 shares, after rising 4 cents to settle at 85 cents. Honey Bun jumped 70 cents in trading 65,175 units at $5.90, iCreate lost 5 cents exchanging 44,700 shares to close at a 52 weeks’ low of 50 cents, Indies Pharma ended with 118,930 shares changing hands, after losing 4 cents to end at $1.96, Jamaican Teas rose 5 cents after trading of 6,057 units at $5.20. Jetcon Corporation shed 5 cents trading of 28,045 units at $1.20, 
Lasco Distributors closed trading of 147,708 units and fell 25 cents to end at $2.80, Lasco Financial added 6 cents after exchanging 34,381 shares at $2.26, Lasco Manufacturing traded 149,534 shares and lost 4 cents to end at $2.96. Limners and Bards declined by 13 cents to settle at $2.07 after exchanging 76,612 shares. Lumber Depot gained 12 cents to end at $1.29 trading 309,333 shares, MailPac rose 5 cents in transferring 847,299 shares to close at $1.48, Main Event fell 87 cents moving 48,700 units through the exchange at a 52 weeks’ low of $4.12. Paramount Trading closed 13 cents higher at $2, with 10,100 stock units trading, Stationery and Office Supplies lost 80 cents, with 57,450 units changing hands at $6.70 and tTech rose 10 cents to $4.25, trading 6,500 stock units.
Trinidad & Tobago NGL exchanged 7,950 stock units and dropped $1.50 to end at the lowest price of $17 since the stock was listed, in 2015.
At the close, the JSE All Jamaican Composite Index declined by 1,576.07 points to close at 460,418.78, the JSE Market Index fell 1,540.81 points to 419,288.78 and the JSE Financial Index gained 0.26 points to 115.87.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows nine stocks ending with bids higher than their last selling prices and three securities closing with lower offers. The PE ratio of the market ended at 16.2, while the Main Market ended at 15.3 times the 2019 earnings.
Scotia Group dropped $2.40 to end at $51, after swapping 26,251 stock units, Seprod shed $2.05 trading 33,609 shares and closed at $41.95, Supreme Ventures closed at a 52 weeks’ low of $19, with a loss of 30 cents exchanging 77,295 shares. Sygnus Credit Investments closed at $18, after falling 91 cents with 187,246 units crossing the market, Victoria Mutual Investments closed 36 cents higher to $7.20, with 363,279 shares changing hands and Wisynco Group lost $1.50 to end at $16 after trading 1,072,786 stock units.
Trading left the average market PE ratio down to 11.3 times 2019 earnings as the market closed with 35 securities changing hands, resulting in an exchange of 4,810,590 units valued at $18,535,804 compared to 4,243,730 units valued at $12,185,925 from 34 on Tuesday.
Caribbean Assurance lost 9 cents trading 287,251 stock units at $2.31. Cargo Handlers ended 30 cents lower at a 52 weeks’ low of $6.50, in transferring 2,000 shares, Caribbean Cream shed 27 cents in trading of 65,600 units at a 52 weeks’ low of $2.80, Caribbean Producers closed 10 cents higher at $4, with 957 stock units trading. Consolidated Bakeries rose 5 cents to $1.50, with 100,000 stock units changing hands, Dolphin Cove lost 50 cents exchanging 2,959 shares to close at a 52 weeks’ low of $7.80, Express Catering gained 15 cents and traded 6,540 shares at $4.15. Elite Diagnostic closed 15 cents higher at $3.40, with 190,754 stock units changing hands. Fosrich climbed 21 cents and exchanged 32,222 shares at $3, Fontana declined by 28 cents to settle at $4.70, with 311,558 units traded, General Accident closed trading with 5,000 shares, after rising 60 cents to end at $5.10, GWest Corporation ended with 51,178 shares crossing the exchange, after rising 4 cents to settle at 85 cents. Honey Bun shed 8 cents in trading of 2,386,022 units at $5.20, iCreate lost 8 cents in exchanging 52,030 shares to close at a 52 weeks’ low of 55 cents, Indies Pharma ended trading with 80,850 shares, after rising 5 cents to end at $2. Jamaican Teas dipped 77 cents after trading of 62,299 units at $5.15, Key Insurance lost 80 cents in trading 11,501 units at a 52 weeks’ low of $2.20, KLE Group lost 27 cents in swapping 10,000 units at $1.72. Knutsford Express ended with a loss of $1 to close at a 52 weeks’ low of $8 with 475 stock units changing hands, 
Lasco Distributors closed trading of 237,643 units and gained 6 cents to end at $3.05, Lasco Financial added 2 cents after exchanging 63,511 shares at $2.20, Lasco Manufacturing ended trading with 172,385 shares and rose 5 cents to end at $3. Limners and Bards declined by 30 cents to settle at $2.20 after exchanging 100,371 shares. Lumber Depot gained 1 cent to end at $1.17 trading 140,824 shares, MailPac lost 2 cents in transferring 279,788 shares to close at $1.43, Main Event fell 11 cents in transferring 28,885 units at $4.99, Medical Disposables dipped 3 cents in trading of 11,975 units at $5.70. Paramount Trading closed 7 cents higher at $1.87, with 42,525 stock units trading and Stationery and Office Supplies lost 50 cents in exchanging 20,500 units at $7.50.
The T&T Composite Index declined by 8.87 points to 1,490.31. The All T&T Index dropped 14.11 points to end at 1,906.20, while the Cross Listed Index dipped 0.48 points at 145.547.
Trinidad & Tobago NGL traded 15,225 stock units and shed 50 cents to end at a 52 weeks’ low of $18.50 and Trinidad Cement exchanged 4,382 units and lost 6 cents to close at a 52 weeks’ low of $1.75.
In the Main Market, Barita Investments gained 80 cents trading 59,211 shares and closed at $62.30, Berger Paints added $1 to end at $13, in transferring 1,800 units, Caribbean Cement shed $2.99 to settle at $55.01, in exchanging 66,781 shares, Eppley closed at $13.50, after losing $2.50 swapping 2,654 units. Eppley Caribbean Property Fund ended $2.30 lower to $37.70, with 45,951 shares changing hands, First Rock Capital added 41 cents to finish at $12, in transferring 41,882 shares, Jamaica Stock Exchange fell to $23.05, with a loss of 94 cents in exchanging 108,430 shares. Kingston Properties gained 34 cents trading 6,026,693 units and closed at $5.84, Mayberry Jamaican Equities lost 30 cents to close at $9.60, with 2,500 units changing hands, MPC Caribbean Clean Energy advanced $2.98 to $149.98, in trading 300 units. PanJam Investment ended the day at $87.80, with a loss of $1.20 after transferring 63,172 shares, Portland JSX Fund ended $1.50 higher to settle at $9, in swapping 5,408 units, Proven Investments gained $1 to finish at $39.50, after trading 18,556 stock units. Pulse Investments lost 60 cents to close at $9.40, with an exchange of 75,638 shares, Sagicor Group dropped $3 to end at $57, in transferring 209,650 shares. 
Scotia Group added $1.40 to end at $53.40, after swapping 1,495 units, Seprod gained $1 trading 493,572 stock units and closed at $44, Stanley Motta closed 35 cents higher to $5.20, with an exchange of 88,500 units, Supreme Ventures closed at $19.30, after losing $1.70 transferring 364,466 shares. Sygnus Credit Investments closed at $18.91, with a loss of $2.04 swapping 110,256 stock units, Victoria Mutual Investments ended 84 cents higher to settle at $6.84, with 446,117 shares changing hands and Wisynco Group gained 50 cents to end trading 501,131 shares at $17.50.
Trading on the Junior Market concluded with 34 securities changing hands, resulting in an exchange of 4,243,730 units valued at $12,185,925 compared to 13,538,971 units valued at $24,108,315 on Monday. The average market PE ratio is now down to 11.4 times 2019 earnings.
Caribbean Assurance Brokers lost 5 cents to close at $2.40 after exchanging 677,685 shares, Caribbean Flavours ended trading with 4,493 shares after rising 2 cents to end at $10.17, Consolidated Bakeries closed with a loss of 18 cents at $1.45 in swapping 68,200 shares. Derrimon Trading dropped 12 cents in trading 59,100 stock units to close at $1.80, Elite Diagnostic fell 5 cents to $3.25 with 92,270 shares traded, Everything Fresh exchanged 195,169 shares at 85 cents after rising 3 cents, Fontana closed 23 cents higher at $4.98 with 1,102,650 stock units trading. Fosrich gained 4 cents to settle at $2.79 with 27,361 shares changing hands, GWest Corporation shed 17 cents in trading of 110,900 units at 81 cents, Honey Bun ended with a loss of 1 cent at $5.28 with 2,153 stock units changing hands. iCreate added 1 cent and exchanged 35,606 shares at 63 cents, Indies Pharma fell 7 cents in exchanging of 16,375 units at 52 weeks low of $1.95, ISP Finance shed 25 cents to settle at $19.75 with 1,000 shares changing hands. 
Jamaican Teas jumped 92 cents exchanging 2,450 shares at $5.92, Lasco Distributors traded 5,100 shares and ended at $2.99 after rising 19 cents, Lasco Financial dipped 28 cents in trading of 50,200 units at a 52 weeks’ closing low of $2.18 after trading at a 52 week’s intraday low of $1.90. Lasco Manufacturing lost 20 cents to settle at $2.95 with an exchange of 92,041 stock units, Limners and Bards traded 46,886 shares after rising 10 cents to end at $2.50, Lumber Depot slipped 9 cents in exchanging 391,523 shares to close at 52 weeks’ low of $1.16. MailPac dipped 5 cents in trading of 519,691 units at $1.45, Medical Disposables shed 57 cents with 15,934 units crossing the exchange at $5.73, Paramount Trading closed 10 cents higher at $1.80 with the swapping of 11,000 shares and tTech rose 15 cents to $4.15 with 46,700 shares changing hands.
