Junior Market crosses over 3,800 barrier

The 3,800 Junior Market index barrier was crossed at the close of trading on Monday, after a mild decline in the volume of stocks traded, but with 23 percent greater value than on Friday with investors trading 46 securities compared with 47 on Friday and ending with prices of 15 rising, 20 declining and 11 closing unchanged, but closing bids and offers suggest that the market could fall below the barrier on Tuesday.
The market closed with an exchange of 5,320,099 shares for $13,969,282 compared with 5,395,966 units at $11,327,944 on Friday.
Trading averaged 115,654 shares at $303,680, up from 114,808 units at $241,020 on Friday with the month to date, averaging 183,124 units at $438,290 compared to 218,797 stock units at $509,463 on the prior trading day and January with an average of 175,081 units at $401,738.
Spur Tree Spices led trading with 1.21 million shares for 22.8 percent of total volume followed by EduFocal with 566,845 units for 10.7 percent of the day’s trade and Future Energy with 387,681 stock units for 7.3 percent market share.
At the close of trading, the Junior Market Index gained 11.44 points to lock up trading at 3,810.21.
The Junior Market ended trading with an average PE Ratio of 13.5, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending around August 2024.
Investor’s Choice bid-offer indicator shows one stock ended with the highest bid higher than the last selling price and six with lower offers.
At the close, AMG Packaging dipped 30 cents to end at $2.63 as investors traded 1,843 shares, Cargo Handlers climbed $1.46 to $14.63, in trading 4,201 units, Caribbean Assurance Brokers sank 38 cents in closing at $2.09 with an exchange of a mere 1,902 shares. Consolidated Bakeries rose 22 cents to end at $2.22 after 359 stock units passed through the market, Derrimon Trading dipped 8 cents and ended at $2 with investors exchanging 32,813 shares, Everything Fresh lost 18 cents to end at $1.47, with 5,034 stock units crossing the market. Future Energy skidded 8 cents to end at $3.62 after an exchange of 387,681 units, Honey Bun gained 9 cents in closing at $6.49 with investors dealing in 2,782 stocks, Indies Pharma popped 12 cents and ended at $2.81 with 1,008 shares crossing the exchange. ISP Finance increased 50 cents to close at $31.50 with investors trading 10,066 stock units, Knutsford Express advanced $1.30 to $12.40, with 1,052 units changing hands, Lasco Financial fell 22 cents to close at $2.09 and closed with an exchange of 85,754 stocks. Lasco Manufacturing shed 17 cents to end at $4.75, with 194,615 units crossing the market, Limners and Bards declined 9 cents in closing at $1.40 after an exchange of 48,145 stocks, Lumber Depot rallied 10 cents and ended at $2.60 with investors transferring 209 shares. Mailpac Group lost 10 cents to $2.12 in an exchange of 77,255 stock units, MFS Capital Partners popped 12 cents and ended at $2.42 with traders dealing in 74,374 shares, Regency Petroleum skidded 11 cents in closing at $2.23 after a transfer of 48,449 stocks and Stationery and Office Supplies advanced 11 cents to end at $1.60, with trading in 340,288 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.