The Junior Market is down 6.3% for 2019, but the fall may be close to an end at the market is close to a support level going back to the beginning of 2018 and as far back as 2015.
Trading ended with 33 securities changing hands, leading to the prices of 13 securities advancing, 14 declining and 6 remaining unchanged. The market closed with an exchange of 2,881,585 units valued at $9,881,495 compared to 2,690,069 units valued at $8,684,726 from 33 securities on Friday. The average PE Ratio of the market ended at 13.7 based on earnings for 2019.
Trading ended with an average of 87,321 units at $299,439 for each securities changing hands, in contrast to 81,517 units for an average of $263,174 on Friday. The average volume and value for the month to date amounts to 155,967 units valued at $572,790 for each company traded and previously 150,098 units valued at $541,417. In contrast, December closed with an average of 521,319 shares at $1,344,719 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading 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 24 cents in trading 6,796 shares to finish at $30.26, Blue Power ended market activity, exchanging 12,200 shares to settle at $4.10 after falling 10 cents. Cargo Handlers closed with a loss of $1.40 at $8.10, in swapping 6,000 shares, with the price adjusting to a more realistic value after three and a half years of significant overvaluation. Caribbean Cream declined 25 cents in trading 1,300 units at $3.75, Derrimon Trading shed 30 cents to settle at $2.20 with 53,900 units crossing the exchange, Dolphin Cove fell 61 cents to $10.79 with 2,685 units changing hands. Express Catering ended trading of 46,531 shares, after rising 7 cents to close at $6.15, Fontana closed with an exchange of 255,318 units and gained 9 cents to end at $7.09, Fosrich declined 19 cents in trading of 5,320 units at $4.30. General Accident climbed 29 cents and exchanged 1,513 shares at $6.30, GWest Corporation advanced 5 cents trading 100,000 shares at $1.05, Honey Bun concluded trading with 6,000 shares after adding 3 cents to settle at $8.70. Indies Pharma closed trading of 9,045 units and gained 2 cents to end at $2.92, Jamaican Teas closed trading with 102,500 shares, after rising 25 cents to end at $6.55,
Jetcon Corporation finished 10 cents higher at $1.65, with an exchange of 29,800 stock units. Key Insurance added 1 cent to end at $3.80, with 23,000 stock units trading, KLE Group exchanged 27,107 shares, after rising 76 cents to finish at $2.80, Knutsford Express lost 65 cents in trading of 358 units at $9.55. Lasco Distributors dropped 3 cents in trading 923,118 shares to close at $3.13, Lasco Financial ended with a loss of 1 cent at $3.95 with 32,534 stock units changing hands, Lasco Manufacturing climbed 35 cents and exchanged 162,698 shares at $4.50. Lumber Depot declined by 4 cents to settle at $1.59 with 419,324 units crossing the exchange, Main Event fell 6 cents in trading of 73,238 units at $6, Medical Disposables closed with a loss of 50 cents to end at $7, after swapping 10,000 shares. Paramount Trading ended trading with 2,000 shares, after rising 5 cents to settle at $1.75, SSL Venture closed the day with 200 shares traded, after gaining 2 cents to finish at $1.10 and tTech lost 40 cents in trading of 12,300 units at $5.60.
Prices of securities trading for the day are those at which the last trade took place.
