Stock prices mostly pulled back in trading closed on Tuesday, after the market closed on Monday for the country’s Labour Day public holiday, with the volume of stocks traded rising 36 percent above Friday’s activity, with the value traded, rising 11.5 percent, at the close of the Junior Market of the Jamaica Stock Exchange.
At the close, 38 securities traded, down from 41 on Friday and ended with 11 stocks rising, 18 declining and nine remaining unchanged.
At the close, the Junior Market Index slipped for the second day running, with a fall of 21.23 points to close at 3,302.85. The PE Ratio based on ICInsider.com’s forecast of 2021-22 earnings ended with an average of 12.3.
A total of 9,807,790 shares traded for $24,800,486 compared to 8,800,514 units at $18,269,545 on Friday.
Lumber Depot led trading with 2.73 million shares for 27.8 percent of the total volume, followed by Future Energy Source 22.5 percent of the day’s trade with 2.21 million units and CAC 2000 9.5% preference share 10.3 percent with 1.01 million units.
Trading averaged 258,100 units at $652,644 in contrast to 214,647 at $445,599 on Friday. For the month to date, trading averages 341,465 units at $821,725, compared to 347,033 units at $833,017 on Friday. April closed with an average of 329,241 units at $854,716.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and one with lower offers.
At the close, Access Financial advanced $1.96 to finish at $22.16, trading 49 shares, Caribbean Assurance Brokers dropped 11 cents to close at $1.89, after 7,131 stock units crossed the market, Caribbean Cream fell 14 cents to $5.52, with 43,307 shares changing hands, Caribbean Flavours dropped 10 cents to end at $2.05 in exchanging 134,970 units. Caribbean Producers shed 20 cents to close at $3.55, with 60,909 stocks clearing the market, Consolidated Bakeries shed 20 cents in ending at $1.50 after exchanging 35,150 shares, Derrimon Trading dropped 6 cents to $2.44, with 203,827 stock units changing hands. Dolphin Cove lost 11 cents to end at $7.50 after trading 1,583 stock units, Express Catering lost $1.08 to end at $4.42 with an exchange of 35,563 units. Fontana climbed 9 cents to $6.15, trading 98,368 stocks, Gwest Corporation climbed 20 cents to $1 in switching ownership of 487,358 units. Jetcon Corporation shed 7 cents in closing at 95 cents after trading 101,563 units, Knutsford Express fell 5 cents to $8.30 in switching ownership of 2,107 stock units, Lasco Distributors lost 15 cents to end at $4 with an exchange of 49,113 stocks.
Lasco Financial fell 14 cents to $3.16, with 29,785 stock units crossing the exchange, Limners and Bards fell 15 cents to $3.21 after 148,066 units cleared the exchange. Mailpac Group rose 6 cents $3.81 after exchanging 216,045 units, SSL Venture declined 9 cents to 55 cents in an exchange of 50,318 stocks and Stationery and Office Supplies fell 20 cents to $8.10, trading 27,915 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
