Trading closed on Monday, with the market just eking out a meagre rise with an almost number of stocks rising as declining, with the volume stocks traded jumping 251 percent and the value surging 200 percent higher than on Friday on the Junior Market of the Jamaica Stock Exchange.
Trading ended with 37 securities changing hands up from 34 on Friday and closed with 14 stocks rising, 15 declining and eight remaining unchanged.
The Market Index inched 2.12 points higher to 2,899.45 as the market continues to struggle to break away from the 2,900 points barrier. The average PE Ratio ended at 16.5 based on ICInsider.com’s forecast of 2020-21 earnings.
Trading accounted for 19,450,213 shares at $50,663,938 up from 5,541,055 units at $16,892,321 on Friday. Derrimon Trading led with 67.6 percent of total volume for an exchange of 13.15 million shares, followed by Stationery and Office Supplies with 6.7 percent for 1.30 million units, Lumber Depot chipped in with 5.4 percent of the day’s trade for 1.06 million units and Tropical Battery 5.3 percent with1.03 million units changing hands.
Trading averaged 525,681 units at $1,369,296 up from 162,972 at $496,833 on Friday. Trading month to date averaged 267,918 units at $742,771, compared to 215,515 units at $615,400 on Friday. February closed with an average of 365,365 units at $881,118.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close of the market, Blue Power rose 40 cents to $3.50 in exchanging 114,763 shares, following posting of rising profit for the February quarter. CAC 2000 advanced 40 cents to $9.90 after trading 1,000 units, Cargo Handlers climbed $1.30 to $8.50, with the exchanging of 137 stocks. Caribbean Cream gained 25 cents to end at $4.90 in an exchange of 4,874 shares, Caribbean Producers shed 23 cents to $3.06, with 40,496 stocks crossing the market, Fontana lost 5 cents to end at $5.75, with 59,003 stock units changing hands. Fosrich picked up 8 cents to settle at $5.15 trading 23,330 stocks, GWest Corporation lost 6 cents at 83 cents in exchanging 45,217 shares. Honey Bun finished 8 cents lower at $5.02, with a transfer of 17,120 units, Indies Pharma rose 27 cents to $3.45 after an exchange of 75,927 stocks. Jetcon Corporation slipped 10 cents to 70 cents, with 20,249 stocks changing hands, Knutsford Express lost 9 cents to end at $5.91 with 2,942 shares crossing the exchange, Lasco Distributors slipped 9 cents to $3.65 with investors switching ownership of 48,264 stock units. Limners and Bards lost 5 cents in ending at $2.60 after 114,395 shares crossed the market. 
Mailpac Group lost 5 cents to end at $3.45 in trading 283,696 stock units, Main Event finished 5 cents lower at $3.35 trading 1,116 shares. Medical Disposables rose 19 cents to $4.49 with 15,796 stocks changing hands, Paramount Trading fell 18 cents $1.32, with an exchange of 25,000 units, SSL Venture declined 8 cents to 56 cents in transferring 56,320 stock units and Stationery and Office Supplies rose 9 cents to $4.62, with 1,299,342 shares clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
