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.

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