Junior Market at one year high

Stocks inched to a new one year high of 2,919.48, after adding just 1.25 points as the volume and value of the day’s trade on the Junior Market of the Jamaica Stock Exchange on Thursday were slashed by 56 and 53 percent, respectively, compared to Wednesday.

Trading ended with 41 securities against 39 on Wednesday, with 13 rising, 16 declining and 12 ending unchanged.
The average PE Ratio ends at 15.3 based on ICInsider.com’s forecast of 2020-21 earnings.
Investors traded 3,006,108 shares at $8,350,224 against 6,761,477 units at $17,884,137 Wednesday.
Indies Pharma led trading with 12.4 percent of total volume after trading 371,289 shares, followed by Jamaican Teas with 10.8 percent after an exchange of 324,094 units and iCreate with 10.2 percent for 305,595 units.
Trading averaged 73,320 units at $203,664, down from 173,371 at $458,568 on Wednesday. Trading month to date averaged 345,881 units at $861,183, versus 363,591 units at $903,906 on Wednesday. January closed with an average of 232,651 units at $569,885.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than the last selling price and five with lower offers.
At the close of trading, CAC 2000 dropped $1.40 to $9.50 in trading 1,572 shares, Cargo Handlers fell 11 cents to $8.60 with just one unit exchanged, Dolphin Cove shed $1.30 to $8 with 3,000 stocks changing hands. Elite Diagnostic rose 5 cents to $2.80 trading 201 stock units, Everything Fresh rose 9 cents to $1 with a transfer of 15,218 units, Express Catering advanced 12 cents to $3.62 with 13,143 shares crossing the exchange. Fontana dropped 17 cents to $5.90 with 140,429 stocks changing hands, Fosrich rose 10 cents to $4.40 trading 108,981 stock units, Honey Bun lost 8 cents to finish at $5.10 with 69,158 shares traded. iCreate added 6 cents to end at a 52 weeks’ high of 87 cents with a transfer of 305,595 stocks, Indies Pharma fell 10 cents to $3.15 with investors switching 371,289 units, Iron Rock Insurance declined 10 cents to $3.60 exchanging 1,468 stock units. Jamaican Teas dropped 15 cents to $3.15 with 324,094 shares changing hands, Jetcon Corporation rose 5 cents to 80 cents trading 100,995 stock units, Knutsford Express climbed 32 cents to $6.50 with a transfer of 8,514 stocks. Lasco Distributors fell 17 cents to $3.70 with 29,008 stock units changing hands, Lasco Financial lost 14 cents to end at $2.46 with an exchange of 135,551 shares, Lasco Manufacturing jumped 44 cents to $4.70 trading 11,336 units. Lumber Depot climbed 8 cents to $2.55 with 193,170 stock units traded, Main Event shed 25 cents to close at $3.05 with a transfer of 2,111 stocks, Paramount Trading gained 17 cents to finish at $1.49 with 35,500 units passing through the market. Stationery and Office Supplies dropped 23 cents to $4.30 with 15,000 stocks changing hands and tTech shed 55 cents to end at $4.35 with 2,095 shares crossing the exchange.

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

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