After four consecutive days of gains, the Junior Market of the Jamaica Stock Exchange lost altitude on Tuesday, after more stocks fell than rose as 45 percent fewer shares traded than on Monday.
Trading ended with 34 securities changing hands compared to 33 on Monday and concluded with the prices of nine stocks rising, the prices of 15 declining and 10 with prices remaining unchanged.
At the close, the Junior Market index fell 27.35 points to close at 2,520.13. The average PE Ratio of the market ended at 10.7 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 1,170,245 shares for $5,056,500 compared to 2,115,554 units at $5,271,667 on Monday. Fontana led trading with 44.3 percent of total volume with an exchange of 518,595 shares, followed by Mailpac Group with 11.4 percent of the day’s trade or 133,095 units and Derrimon Trading with 95,492 units for 8.2 percent market share.
Trading ended with an average of 34,419 units at $148,721 in contrast to 64,108 at $159,747 on Monday. For the month to date, the average trade resulted in an exchange of 99,609 units at $223,021, compared to 103,144 units at $227,050 on Monday. Trading in August resulted in an average of 104,414 units at $321,996.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows six stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close of the market, Access Financial lost $2.42 to end at $22 with 807 shares changing hands, AMG Packaging rose 1 cent to finish at $1.80 in an exchange of 5,000 shares, Blue Power dropped 44 cents to settle at $3.16 with 16,500 stock units passing through the market. Caribbean Assurance Brokers gained 16 cents to close at $2.01 with 12,289 stock units traded, Caribbean Flavours fell 2 cents to $18.16 with investors transferring 58,008 shares, Consolidated Bakeries declined 22 cents to settle at $1.12 in an exchange of 7,230 stocks. Derrimon Trading advanced 18 cents to end at $2.93 with 95,492 units passing through the market, Dolphin Cove lost 10 cents to finish at $6.90 with 1,240 shares changing hands, Elite Diagnostic gained 8 cents to close at $3.12 with 2,010 shares traded. Express Catering climbed 55 cents to end at $4.10 with investors switching ownership of 500 shares, Fontana fell 7 cents to settle at $4.73and exchanged 518,595 shares, Fosrich slipped 9 cents to finish at $3.51 with 9,154 stocks passing through the market. General Accident dropped 28 cents to close at $6.30 with 2,200 shares traded, Honey Bun fell 14 cents to end at $4.85 with 12,000 stocks changing hands, Indies Pharma finished 1 cent lower at $2.80 with an exchange of just 5 stock units. 
Jamaican Teas advanced 5 cents to settle at $4.30 with investors transferring 23,549 units, Jetcon Corporation gained 7 cents and traded 9,840 stock units to end at 99 cents, Lasco Financial lost 6 cents to close at $2.08 with 54,000 shares passing through the market. Lumber Depot increased 13 cents to finish at $1.08 with investors switching ownership of 81,959 stocks, Mailpac Group declined 3 cents to settle at $2.05 with an exchange of 133,095 shares, Medical Disposables fell 4 cents to end at $5.02 with 3,476 units changing hands. SSL Venture dropped 20 cents to close at 54 cents with 250 shares passing through the market, Stationery and Office Supplies dived $1.54 to settle at $4.01, trading 36,685 stock units and tTech advanced 28 cents to finish at $6.28 with 9,971 shares crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
