The Junior Market of the Jamaica Stock Exchange continues to struggle on Tuesday with 25.98 points slashed off the close of the index on Monday and is down 7.1 percent for the year to date to close on Tuesday at 3,111.04.
The market closed with 33 securities changing hands, with the prices of 9 securities advanced, 18 declined and 8 remained unchanged, resulting in an exchange of 2,469,369 units valued at $7,388,636, compared to 2,881,585 units valued at $9,881,495 from 33 securities on Monday.
Trading ended with an average of 70,553 units at $211,104 for each security traded, in contrast to 87,321 units for an average of $299,439 on Monday. The average volume and value for the month to date amounts to 151,001 units at $551,762 and previously 150,098 units valued at $541,417 for each security. In contrast, December closed with an average of 521,319 shares at $1,344,719 for each security traded. The average PE Ratio of the market ended at 13.2 based on earnings for 2019.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows four stocks ended with bids higher than their last selling prices and two with lower offers.
At the close of the market, Access Financial rose 5 cents and exchanged 100 shares at $30.31, AMG Packaging moved 2 cents higher to $2.10, with 10,964 stock units trading, Blue Power dipped 10 cents in trading of 48,495 units at $4. Caribbean Cream declined by 10 cents to settle at $3.65, with an exchange of 23,084 units, Caribbean Producers dropped 20 cents in trading 40,319 units to settle at $4.80, Consolidated Bakeries closed trading of 19,740 units and gained 6 cents to end at $1.69. Derrimon Trading finished with a gain of 5 cents at $2.25 after exchanging 3,400 units, Express Catering fell 5 cents in trading of 48,103 units at $6.10, Fontana shed 4 cents with 32,665 units changing hands at $7.05. General Accident dipped 30 cents to settle at $6 with 12,906 units crossing the exchange, GWest Corporation gained 7 cents to end at $1.12 with 27,000 units trading, Honey Bun closed with a loss of $1.40 at $7.30, in swapping 61,161 shares. iCreate gained 1 cent to settle at 80 cents, with 127,613 stock units trading, Indies Pharma closed 13 cents higher at $3.05, with 35,502 stock units crossing the exchange, Jetcon Corporation lost 15 cents in trading 14,490 shares to close at $1.50. Knutsford Express ended 45 cents higher to $10, with 1,760 stock units trading,
Lasco Distributors closed trading of 15,646 units and gained 2 cents to end at $3.15, Lasco Financial fell 7 cents in trading of 393,791 units at $3.88. Lasco Manufacturing shed 25 cents in trading of 2,182 units at $4.25, Limners and Bards finished with a loss of 1 cent at $2.89 with 105,176 stock units changing hands, Lumber Depot ended market activity exchanging 146,262 shares to close at $1.51 after falling 8 cents. MailPac Group lost 17 cents in trading 1,016,266 shares to close at $1.96, Main Event shed 20 cents trading of 6,400 units at $5.80, Medical Disposables declined by 30 cents after exchanging 37,700 units at $6.70. Paramount Trading closed with a loss of 5 cents at $1.70, in swapping of 490 shares, Stationery and Office Supplies fell 98 cents in trading of 11,200 units at $9.02 and SSL Venture lost 2 cents to end at $1.08 with 3,532 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place.
