Derrimon Trading was the volume leader on the Junior Market of the Jamaica Stock Exchange for a second consecutive day on Wednesday, with 16.2 million shares changing hands at $2.40 as Mayberry group offloads a portion of the big holdings in the company.
Trading ended with 38 securities changing hands compared to 36 on Tuesday and closed with the prices of 14 stocks rising, 15 declining and nine ending firm and edging the Junior Market Index down 8.77 points to 2,647.80 for the second day of slippage after Mailpac ended at a new record closing high after it traded as high as $3.30 during the day.
The average PE Ratio ended at 13.6 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 19,836,593 shares for $49,149,593 up sharply from 3,738,109 units at $9,393,036 on Tuesday. Derrimon Trading led trading for a second consecutive day with 81.6 percent of total volume, followed by Jamaican Teas with 5.4 percent for 1.08 million units and Mailpac Group with 5.4 percent for 1.06 million share units.
Trading averaged 522,016 units at $1,293,410, in contrast to 103,836 at $260,918 on Tuesday. Trading month to date averaged 192,249 units at $474,753 compared to 140,467 units at $346,204 on Tuesday. December closed with an average of 263,428 units at $638,694.
Investor’s Choice bid-offer indicator reading shows four stocks ending with bids higher than their last selling prices and four with lower offers.
At the close of the market, Blue Power shed 39 cents to settle at $2.89 trading 90 shares, Cargo Handlers rose 76 to $7.66, after clearing the market with 1,953 shares. Caribbean Cream gained 29 cents to end at $4.90, with 92,483 shares crossing the market, Caribbean Flavours picked up 5 cents to close at $1.65, in an exchange of 18,325 stocks. Caribbean Producers lost 5 cents to settle at $2.70, after clearing the market with 86,779 units, Consolidated Bakeries gained 16 cents to end at $1.36 with investors swapping 58,100 stocks, Dolphin Cove dropped $1.49 to close at $9.10, in an exchange of 4,821 units. Express Catering climbed 21 cents to $3.76 after exchanging 750 shares. Fosrich gained 12 cents in ending at $3.97 in an exchange of 7,050 stock units, General Accident shed 21 cents to close at $6, with 308,338 units changing hands, GWest Corporation picked up 14 cents to settle at 74 cents, after crossing the market with 2,600 stocks. 
Indies Pharma fell 24 cents to $2.31, with 204,285 stock units changing hands, Jamaican Teas gained 5 cents in closing at $2.35, in an exchange of 1,075,935 stock units. Knutsford Express lost 22 cents in ending at $6.58 trading 3,042 shares, Lasco Manufacturing lost 9 cents to settle at $3.80, in transferring 37,045 units, Mailpac Group closed 19 cents higher at $3.20, in switching ownership of 1,064,465 stock units. Main Event rose 27 cents to $3.24, after crossing the market with 150 stock units, SSL Venture lost 5 cents to settle at 50 cents, with an exchange of 83,250 stocks and Tropical Battery gained 6 cents to close at $1.18, trading 11,043 shares.
In the preference segment, Derrimon Trading preference share shed 2 cents to close at $2.08, in trading 2,200 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
