Junior Market ekes a rise on Thursday

The Junior Market of the Jamaica Stock Exchange closed on Thursday, with the market squeezing out a meager of 5.22 points in the market Index to settle at 2,449.13 as an equal number of stocks rose and fell after trading 40 percent more shares than on Wednesday.
Like Wednesday, trading ended with 35 securities changing hands on Thursday and concluded with 15 stocks rising, the prices of 15 declining and five with prices remaining unchanged.
At the close, the average PE Ratio ended at 10.3 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 4,929,572 shares for $9,632,353 compared to 3,515,236 units at $8,677,144 on Wednesday. Tropical Battery led trading with 23.1 percent of total volume, with 1.14 million shares, followed by AMG Packaging with 21.6 percent, with an exchange of 1.07 million units and Iron Rock Insurance with 14.4 percent and 708,211 shares.
Trading ended with an average of 140,845 units at $275,210 compared to 100,435 at $247,918 on Wednesday. For the month to date, the average trade resulted in an exchange of 272,356 units at $582,027 compared to 282,340 units at $605,321  on Wednesday. Trading in September concluded with an average of 119,171  units at $249,355.
At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows four stocks ended with bids higher than their last selling prices and five with lower offers.
At the close of the market, Access Financial climbed $2.83 to end at $21.84 in an exchange of 4,000 shares, AMG Packaging advanced 20 cents, trading 1,065,494 units to finish at $1.85, Blue Power increased 9 cents to settle at $3.48 with investors transferring 30,910 shares. Caribbean Assurance Brokers dropped 13 cents to close at $1.67 with 2,748 stocks passing through the market, Caribbean Cream lost 10 cents to end at $4.90 with 5,290 stock units changing hands, Caribbean Flavours gained 11 cents to finish at $1.82 in an exchange of 427,773 shares. Caribbean Producers rose 5 cents to settle at $2.25 with investors switching ownership of 48,738 shares, Derrimon Trading dropped 18 cents to close at $2.50 with 170,380 stock units passing through the market, Express Catering ended  6 cents higher at $3.06 with 7,800 stocks changing hands. Fosrich fell 5 cents to settle at $3.15, with 3,050 shares traded,  General Accident shed 86 cents to finish at $6.14 with the transfer of 9,723 units iCreate lost 10 cents to settle at 60 cents with 3,400 units passing through the market. Iron Rock Insurance slipped 1 cent, exchanging 708,211 stocks to close at $2.50, ISP Finance shed $2.44 to settle at $16.01 with 4,800 units changing hands, Jamaican Teas climbed 13 cents to end at $5 with 50,649 stock units traded. Jetcon Corporation gained 2 cents to finish at 80 cents with investors switching ownership of 27,328 stock units, KLE Group declined 32 cents to close at a 52 weeks’ low of $1.10 with 9,000 units passing through the market, Knutsford Express jumped $1.03 to end at $6.74 with 7,833 units changing hands. Lasco Distributors advanced 14 cents to finish at $3.15 with an exchange of 44,587 units,  Lasco Financial gained 2 cents to settle at $2.07 with 5,589 stocks traded, Lasco Manufacturing fell 8 cents to close at $3.37 with investors transferring 25,072 units. Limners and Bards dropped 17 cents to end at $2.33 with 95,783 stock units trading, Lumber Depot finished 1 cent higher at $1.04 with 275,023 units changing hands, Mailpac Group dipped 4 cents to settle at $1.95 with an exchange of 571,731 units. Medical Disposables shed 65 cents to close at $3.90 with investors switching ownership of 1,045 shares, SSL Venture rose 9 cents to end at 59 cents with 200 units changing hands, Stationery and Office Supplies advanced 15 cents to finish at $5 with 1,700 units passing through the market. Tropical Battery gained 3 cents, trading 1,139,241 shares to settle at $1.23 and tTech dropped 90 cents to close at $5.50 with 1,363 shares crossing the exchange.
In the preference segment, Derrimon Trading lost 1 cent to end at $2.04 with 2,555 units changing hands.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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