Friday’s rally was short-lived as the Junior Market lost 15.44 points to close at 2,398.80 on Monday after the prices of 16 securities advanced, 14 declined and four remained unchanged as trading picks up over Friday’s levels.
MailPac traded 8 million shares to dominate Junior Market trading.
The market average PE ratio ended at 8.8 times 2020-21 earnings.
Trading concluded on Monday with 34 securities changing hands, resulting in an exchange of 11,413,765 units valued at $23,915,377 compared to 2,927,416 units valued at $8,165,325 from 30 securities on Friday. MailPac dominated the day’s activities, controlling 72 percent of the volume of stocks traded for roughly $14.3 million.
Trading ended with an average of 335,699 units for $703,393 for each security traded in contrast to 97,581 units for an average of $272,177 on Friday. The average volume and value for the month to date continues to exceed March levels, with 486,618 units valued $1,111,255 trading and previously 496,819 valued at $1,138,825. In contrast, March closed with an average of 226,230 units valued at $542,563 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows five stocks ended with bids higher than their last selling prices and four with lower offers.
At the close of the market, Access Financial climbed 49 cents after exchanging 10,000 shares to settle at $24.50, Blue Power closed trading of 104,545 shares and gained 5 cents to end at $3.75, Cargo Handlers climbed 75 cents to $6.50 with 6,730 units changing hands. Caribbean Assurance Brokers lost 15 cents to close at $2.20 with an exchange of 208,207 shares, Caribbean Cream dipped 14 cents in trading of 51,020 units to end at $2.26, Caribbean Producers declined 34 cents to $2.60 with 337,028 units changing hands. Consolidated Bakeries closed 18 cents higher at $1.70 with 5,012 stock units swapped, Derrimon Trading fell 24 cents in trading of 497,649 units to close at $1.95, Everything Fresh closed at 86 cents after exchanging 74,325 shares and adding 3 cents. Express Catering closed trading of 150,541 units and gained 5 cents to end at $3.30, Fontana lost 18 cents in trading of 520,997 units to close at $5.30, Fosrich climbed 20 cents and exchanged 162,750 to settle at $3.65. General Accident closed 30 cents higher at $5.30 with 59,100 stock units trading, GWest Corporation added 10 cents and exchanged 1,106 shares to end at 88 cents, Honey Bun traded of 40,520 units and gained 35 cents to finish at $5.35. iCreate slipped 1 cent to 46 cents with 158,393 stock units changing hands, Indies Pharma closed 4 cents higher at $2.30, with 67,161 units trading, Iron Rock Insurance declined by 35 cents to settle at $2.05 with 165,995 shares exchanged. Jamaican Teas dropped 10 cents in the trading of 49,299 units to close at $4.10, Jetcon Corporation climbed 12 cents and exchanged 1,137 shares to settle at $1.02, 
KLE Group fell 10 cents in trading of 50,000 units to finish at $1.60. Lasco Distributors closed trading of 2,323 units and gained 1 cent to end at $2.98, Lasco Financial lost 7 cents in trading 10,995 shares to close at $2.88, Lasco Manufacturing exchanged 9,020 shares to settle at $3.88 after falling 2 cents. Limners and Bards dipped 1 cent to $2 with 5,446 stock units changing hands, Lumber Depot ended with a loss of 1 cent at $1.15 with 297,770 units trading, MailPac Group swapped 8,166,074 shares and rose 7 cents to end at $1.75. Medical Disposables fell 49 cents to $5.01 with 160,455 shares exchanged, Stationery and Office Supplies climbed 40 cents and traded 582 shares to close at $6.50 and tTech climbed 54 cents to $4.75 with 2,000 shares crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
