Following heavy trading on Friday, investors were off to a quieter move on Monday with the volume of stocks changing hands falling by 92 percent for 86 percent less the value on the Junior Market as the market index eked out a 2.62 points rise to 3,369.65, after marking 3,378.24 points in early morning activity.
Similar to Friday, 35 securities traded, ending with 16 stocks rising, eight declining and 11 closing unchanged, but price changes were modest in many cases.
The PE Ratio, a measure used to determine an appropriate relative value of each stock, averages 13 based on ICInsider.com’s 2021-22 earnings forecast.
Trading ended with 3,407,426 shares for $10,642,073 compared to 41,113,964 units at $73,698,638 on Friday.
Tropical Battery led trading with 18.6 percent of total volume or 634,705 shares, followed by Lumber Depot with 18.2 percent of the day’s trade or 619,517 units and Mailpac Group with 16.6 percent market share with an exchange of 566,352 units.
Trading averaged 97,355 units at $304,059 compared to 1,174,685 at $2,105,675 on Friday. The month to date averaged 235,506 units at $638,781, compared to 244,787 units at $661,267 on Friday. May closed with an average of 318,089 units at $760,337.
Investor’s Choice bid-offer indicator shows six stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, Access Financial rallied 19 cents to $22.49, after trading 100 shares, Blue Power popped 34 cents to $3.95 with 26,161 units changing hands, Caribbean Cream fell 19 cents to $5.75, with 27,461 units crossing the exchange. Express Catering jumped 44 cents to $6.44 with a transfer of 24,500 stocks, Fontana gained 3 cents in closing at $6.04, with 65,443 shares clearing the market. Fosrich increased 3 cents to $8.40 after exchanging 5,530 stock units, Future Energy Source advanced 1 cent to end at a record high of $1.11 in switching ownership of 376,588 stocks, General Accident dropped 2 cents to end at $5.65 trading 7,812 units. Indies Pharma dropped 24 cents to $3.35 with an exchange of 55,159 stocks, Lasco Distributors climbed 15 cents to $4.25 with investors switching ownership of 20,508 units. Lasco Financial rose 9 cents to $3.16 with 8,827 units traded, 
Limners and Bards lost 11 cents to finish at $3.05 with 141,212 shares changing hands, Lumber Depot advanced 11 cents to $3.40 with a transfer of 619,517 stocks, Mailpac Group gained 10 cents to settle at $3.80 with 566,352 shares traded and Tropical Battery slipped 5 cents to $1.31 with 634,705 stocks crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
