Junior Market bounces on Tuesday

The Junior Market index recorded gains for the first time in just under three weeks, with market activities closing on Tuesday with the index rising 34.06 points to settle at 2,430.88. Stocks rebounded as the prices of 11 securities advanced, 15 declined and eight remained unchanged.
Trading on the Junior Market concluded with 34 securities changing hands, resulting in an exchange of 4,243,730 units valued at $12,185,925 compared to 13,538,971 units valued at $24,108,315 on Monday. The average market PE ratio is now down to 11.4 times 2019 earnings.
The day ended with an average of 124,816 units at $358,410 for each security traded in contrast to 365,918 units for an average of $651,576 on Monday. The average volume and value for the month to date amounts to 159,247 units valued at $380,060 and previously 165,898 units valued at $384,243. In contrast, February closed with an average of 167,673 units valued at $488,038 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows three stocks ended with bids higher than their last selling prices and five with lower offers.
At the close of the market, Access Financial ended with a loss of $1 at $24 with 1,716 stock units changing hands, AMG Packaging dipped 10 cents in trading of 29,520 units to end at a 52 weeks’ low of $1.50, Cargo Handlers gained 10 cents to $6.80 and exchanged 4,382 shares. Caribbean Assurance Brokers lost 5 cents to close at $2.40 after exchanging 677,685 shares, Caribbean Flavours ended trading with 4,493 shares after rising 2 cents to end at $10.17, Consolidated Bakeries closed with a loss of 18 cents at $1.45 in swapping 68,200 shares. Derrimon Trading dropped 12 cents in trading 59,100 stock units to close at $1.80, Elite Diagnostic fell 5 cents to $3.25 with 92,270 shares traded, Everything Fresh exchanged 195,169 shares at 85 cents after rising 3 cents, Fontana closed 23 cents higher at $4.98 with 1,102,650 stock units trading. Fosrich gained 4 cents to settle at $2.79 with 27,361 shares changing hands, GWest Corporation shed 17 cents in trading of 110,900 units at 81 cents, Honey Bun ended with a loss of 1 cent at $5.28 with 2,153 stock units changing hands. iCreate added 1 cent and exchanged 35,606 shares at 63 cents, Indies Pharma fell 7 cents in exchanging of 16,375 units at 52 weeks low of $1.95, ISP Finance shed 25 cents to settle at $19.75 with 1,000 shares changing hands. Jamaican Teas jumped 92 cents exchanging 2,450 shares at $5.92, Lasco Distributors traded 5,100 shares and ended at $2.99 after rising 19 cents, Lasco Financial dipped 28 cents in trading of 50,200 units at a 52 weeks’ closing low of $2.18 after trading at a 52 week’s intraday low of $1.90. Lasco Manufacturing lost 20 cents to settle at $2.95 with an exchange of 92,041 stock units, Limners and Bards traded 46,886 shares after rising 10 cents to end at $2.50, Lumber Depot slipped 9 cents in exchanging 391,523 shares to close at 52 weeks’ low of $1.16. MailPac dipped 5 cents in trading of 519,691 units at $1.45, Medical Disposables shed 57 cents with 15,934 units crossing the exchange at $5.73, Paramount Trading closed 10 cents higher at $1.80 with the swapping of 11,000 shares and tTech rose 15 cents to $4.15 with 46,700 shares changing hands.

Prices of securities trading for the day are those at which the last trade took place.

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