Market activity resulted in 122 percent more shares trading on the Junior Market of the Jamaica Stock Exchange on Thursday than for Wednesday and ended, with the market rising after an even number of stocks rose and declined.
Trading ended with 33 securities changing hands compared to 35 on Wednesday and concluded with the prices of 13 stocks rising, the prices of 13 stocks declining and seven with prices remaining unchanged.
At the close, the Junior Market Index advanced 4.29 points to settle at 2,504.27. The market’s average PE Ratio ended at 10.9 based on the IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 6,110,406 shares for $14,758,537 compared to 2,756,683 units at $10,338,812 on Wednesday. Tropical Battery led trading with 43.5 percent of total volume for an exchange of 2.66 million shares, followed by Fontana with 21.2 percent of the day’s trade or 1.29 million units for and Lumber Depot with 1.17 million units for 19.2 percent market share.
Trading ended with an average of 185,164 units at $447,228 in contrast to 78,762 at $295,395 on Wednesday. For the month to date, the average trade amounts to 465,259 units at $890,425, compared to 520,940 units at $978,530 on Wednesday.
Trading in September resulted in 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 lost 3 cents to end at $22.09 in an exchange of 1,000 shares, AMG Packaging fell 24 cents to settle at $1.56 with 2,330 stock units passing through the market, Blue Power advanced 12 cents to $3.20 with an exchange of 106 units. Cargo Handlers dropped 14 cents to close at $7.75 with 548 stocks changing hands, Caribbean Producers rose 10 cents to $2.30 with investors transferring 400 stock units, Consolidated Bakeries climbed 28 cents to settle at $1.47 with an exchange of 5,100 stocks. Dolphin Cove gained 10 cents to finish at $7 with 1,000 stock units passing through the market, Express Catering shed 33 cents to close at $3.75 with two shares changing hands, Fontana declined by 6 cents after trading 1,293,562 shares to end at $4.99. 
Honey Bun fell 9 cents to settle at $4.80, trading 11,919 stocks, Indies Pharma advanced 11 cents to finish at $2.75 with 47,373 shares passing through the market, Jamaican Teas gained 5 cents to close at $5.25 with an exchange of 62,682 shares. Jetcon Corporation lost 12 cents to end at 79 cents in trading 144,350 units, KLE Group finished 6 cents higher at $1.42 after trading 698 stocks, Knutsford Express jumped $1 to $6.50 in the transfer of 625 shares. Lasco Distributors declined 10 cents to $3.02 with 45,412 stocks passing through the market, Lasco Financial slipped 5 cents to $2.05 with an exchange of 2,300 stocks, Lasco Manufacturing rose 9 cents to $3.49 with 62,452 shares changing hands. Limners and Bards increased 2 cents to finish at $2.67, in switching the ownership of 46,717, Lumber Depot dipped 1 cent, trading 1,170,743 shares to close at $1.08, Mailpac Group lost 1 cent to settle at $1.97 with 270,145 stocks passing through the market. Main Event jumped 50 cents to end at $3.75 with an exchange of 5,125 stock units, Medical Disposables dropped 5 cents to finish at $4.55 with 7,000 stocks changing hands, SSL Venture gained 4 cents to settle at 60 cents with 82,319 stocks traded. Tropical Battery rose 3 cents after trading 2,656,928 stock units to close at $1.08 and tTech lost 25 cents to end at $5.75 with 14,081 shares crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
