Trading on the Junior Market of the Jamaica Stock Exchange closed on Monday with 32 securities changing hands and the prices of 19 securities rising, six stocks declining, seven remained unchanged, leaving the Junior Market Index to slip 1.20 points to 2,419.28.
The average PE ratio of the Junior Market ended at 8.8 based on 2020-21 earnings. Investors exchanged 3,532,717 units valued at $11,173,927 compared to 4,856,519 units at $16,938,454 on Friday.
Trading ended with an average of 110,397 units at $349,185 for each security trading in contrast to 138,758 units at an average of $483,956 Friday. The average volume and value for the month to date amounts to units 138,216 valued at $391,915 and previously 143,923 units valued at $400,680. In contrast, April closed with an average of 447,863 units valued at $1,028,076 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows five stocks ended with bids higher than their last selling prices and 3 with lower offers.
At the close of the market, Blue Power closed trading of 10,191 units and gained 10 cents to end at $3.50, Caribbean Assurance Brokers had 2,000 shares changing hands and added 1 cent to close at $2.19,
Caribbean Cream ended exchanging 24,266 stock units, after rising 29 cents to end at $2.29. Derrimon Trading lost 10 cents, with 1,500 shares crossing the exchange at $2.05, Elite Diagnostic climbed 39 cents to $3.50, trading 3,617 stock units. Everything Fresh gained 9 cents in transferring ownership of 11,541 shares at 89 cents. Express Catering inched 6 cents higher after exchanging 23,000 shares at $3.40, Fontana fell 25 cents to close at $5, after swapping 898,165 shares, Fosrich climbed 25 cents and exchanged 1,500 shares at $3.45. General Accident closed trading of 167,388 units and gained 19 cents to end at $4.70, Honey Bun rose 44 cents higher to $5.59, with 48,863 stock units trading, iCreate inched 1 cent up and after an exchange of 11,551 shares at 43 cents. Indies Pharma ended trading with 79,992 shares, after rising 25 cents to end at $2.30, Iron Rock Insurance climbed 53 cents and exchanged 124,398 shares at $2.69,
Jetcon Corporation fell 15 cents to close at a 52 weeks’ low of 65, in swapping of 14,398 shares. Knutsford Express dipped 1.34 cents in trading of 4,000 units at $7.64, Lasco Distributors climbed 16 cents and exchanged 5,216 shares at $3.21, Limners and Bards closed 16 cents higher at $1.95, with 9,633 stock units trading. Lumber Depot closed trading of 135,602 units and gained 3 cents to end at $1.14, Mailpac Group closed trading of 1,075,563 units and gained 20 cents to end at $1.85, Main Event closed trading of 11,089 units and gained 39 cents to end at $4.89. Medical Disposables close with a loss of 5 cents at $6.25, swapping of 25,576 shares, Stationery and Office Supplies closed 10 cents higher at $6.15, with 3,603 stock units changing hands and tTech gained 2 cents and exchanged 18 shares at $4.75.
In the junior market preference segment, Derrimon Trading lost 16 cents in trading 434 shares to close at $1.50.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.