Monday moves for the Junior Market

Investors transferred 56 percent more stocks, with a 217 percent greater value than on Friday and ended, with the Market Index jumping 35.18 points to 3,304.61, after the index crossed the 3,300 point level for the first time since it last did on August 3, as trading came to an end on the Junior Market on Monday.
Market activity led to 33 securities trading compared to 32 on Friday and ended with 13 rising, 15 declining and five closing unchanged as two stocks closed at 52 weeks’ high.
The PE Ratio, a measure investors use to compute appropriate stock values, averages 12.5 based on ICInsider.com’s 2021-22 earnings forecast.
A total of 13,826,361 shares traded for $78,414,751 compared to 8,891,277 units at $24,705,867 on Friday. Fosrich led trading, with 50.7 percent of total volume after trading 7.01 million shares, followed by Future Energy Source, with 18.8 percent of the day’s trade for 2.60 million units and Jamaican Teas 7.2 percent, with or 997,039 units.
Trading averaged 418,981 units at $2,376,205 in contrast to 277,852 at $772,058 on Friday. Trading month to date, averages 233,742 units at $775,069, from 211,185 units at $580,096 on Friday. July closed with an average of 163,918 units at $481,755.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Cargo Handlers popped 70 cents to $8.50, with 5,775 shares traded, Caribbean Cream dropped 23 cents to $5.50 with a transfer of 2,000 stock units, Derrimon Trading fell 9 cents to $2.38 exchanging 71,443 stocks. Dolphin Cove advanced 50 cents to $8.50, with 270,310 shares changing hands, Express Catering jumped 71 cents to $5.80 with 50,000 stocks passing through the market, Fontana popped 10 cents to $6.10 to close at 98,001 units. Future Energy Source rose 12 cents to a 52 weeks’ high of $1.80 with 2,598,220 stock units traded, General Accident gained 10 cents to end at $5.68 with a transfer of 323,370 shares, Honey Bun climbed 30 cents to a 52 weeks’ high of $7.80 with an exchange 54,899 stocks.  Jamaican Teas lost 7 cents to finish at $3.75 with 997,039 units changing hands, Jetcon Corporation fell 15 cents to $1.20 with investors switching ownership of 8,000 stock units, Lasco Financial slipped 5 cents to $3.20 with 86,100 shares traded. Lasco Manufacturing slipped 5 cents to $5.20 with a transfer of 40,320 stocks, Limners and Bards gained 6 cents to close at $3.10 with an exchange of 69,270 units, Mailpac Group dropped 20 cents to $3.70 with 652,703 stock units changing hands. Main Event rallied 53 cents to $4.80 with 60,814 shares passing through the market, SSL Venture fell 13 cents to 71 cents with 30,000 stocks traded, Stationery and Office Supplies shed 38 cents to settle at $7.05 with a transfer of 29,827 units and Tropical Battery dropped 17 cents to $1.21 with 221,125 shares crossing the exchange.
In the preference segment, CAC 2000 9.5% lost 10 cents to end at $1 with 500 stock units changing hands.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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