Prices mostly climbed on the Jamaica Stock Exchange Junior Market ended trading with 29 securities changing hands, down from 33 on Friday, with the prices of 15 stocks rising, eight stocks declining and six with prices remaining unchanged.
At the close, the Junior Market Index jumped 41.20 points to close at 2,570.54. The average PE Ratio of the Junior Market ended at 10.7 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 1,894,386 shares for $5,524,081 compared to 1,842,894 units at $4,327,353 on Friday.
Indies Pharma led trading with 815,136 shares for 43 percent of total volume followed by Mailpac Group with 539,882 units for 28.5 percent of the day’s trade and Fontana 193,897 units for 10.2 percent market share.
An average of 65,324 units traded at $190,486 on Monday, in contrast to an average of 55,845 at $131,132 on Friday. An average of 328,413 units at $927,182 changed hands for the month to date, in contrast to 346,931 units at $937,761 on Friday. Trading in June resulted in an average of 245,049 units at $689,955 trading.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the Junior Market shows five stocks ended with bids higher than their last selling prices and none with lower offers.
At the close of the market, Blue Power declined by 16 cents to close at $3.63 with 4,000 stock units crossing the exchange, Caribbean Assurance Brokers carved out a loss 4 cents to settle at $2.15 after exchanging 2,820 stock units, Caribbean Cream gained 31 cents to close at $3.57 with investors swapping 67,995 shares. Caribbean Producers lost 4 cents in ending at $2.40 in an exchange of 46,774 stock units, Derrimon Trading gained 1 cent to settle at $2.38 after 19,924 units changed hands, Fontana advanced 9 cents to end at $5.09 after trading 193,897 stock units. Fosrich rose 14 cents to $3.75 trading 2,149 shares, General Accident fell 1 cent to end at $6.99 after exchanging 1,200 stock units, Honey Bun jumped 50 cents in ending at $5.40 with investors swapping 39,772 units. iCreate after rising 1 cent, ended at 54 cents with a mere 183 stock units, crossing the exchange, Iron Rock Insurance climbed 89 cents to settle at $3.89 with a transfer of 31 shares, ISP Finance fell 5 cents to close at $15.85 in trading 200 shares. Jamaican Teas shed 2 cents to end at $5.05 while trading 1,015 units, Lasco Distributors rose 25 cents in closing at $3.07 and clearing the market with 57,714 shares, 
Lasco Financial added 1 cent in closing at $2.55 after an exchange of 2,594 units. Lasco Manufacturing gained 20 cents and end at $3.75 with 3,230 stock units crossing the exchange, Limners and Bards gained 5 cents to end at $2.60 in exchanging 2,500 units, Lumber Depot advanced by 2 cents to $1.04 trading 54,815 shares. Mailpac Group increased 2 cents to $2 53 with 9,882 shares changing hands, Main Event dropped 5 cents to end at $4, with 129 stock units crossing the exchange, SSL Venture rose 11 cents to close at 89 cents, with 1,000 stock units changing hands. Stationery and Office Supplies fell 38 cents in ending at $5.60 after exchanging 3,695 shares and tTech advanced by $1.25 to $5.95 after 15,631 shares crossed the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
