More stocks fell than rose on the Junior Market of the Jamaica Stock Exchange at the close on Wednesday, but the market inked a modest gain with the index rising 10.22 points to settle at 2,588.53.
Trading ended with 37 securities changing hands, up from 34 on Tuesday and ended with prices of 11 stocks rising, 17 declining and nine remaining unchanged.
The average PE Ratio closed at 13.8 based on ICInsider.com’s forecast of 2020-21 earnings.
The day ended with 3,383,825 shares trading for $8,437,647 compared to 3,559,517 units at $10,255,036 on Tuesday. Lumber Depot led trading with 24.9 percent of total volume or 843,478 shares, followed by Mailpac Group with 24.8 percent of the day’s trade with 839,236 units exchanged and Jamaican Teas with 13.7 percent market share for a transfer of 462,669 units.
Trading averaged 91,455 units at $228,045 compared to 104,692 at $301,619 on Tuesday. Trading month to date averaged 282,156 units at $650,536, compared to 301,073 units at $692,446 on Tuesday. November closed with an average of 193,331 units at $566,885.
Investor’s Choice bid-offer indicator reading shows six stocks with bids higher than their last selling prices and four with lower offers.
At the close, Access Financial rose 21 cents to $20.31 with an exchange of 1,300 shares, AMG Packaging gained 9 cents to end at $1.55 with 1,893 stocks crossing the market, Cargo Handlers dropped 30 cents to $6.50 with a transfer of 1,700 units. Caribbean Assurance Brokers closed 1 cent higher at $1.75 with 10,433 stock units traded, Caribbean Flavours fell 8 cents to $1.60 with investors swapping 86,158 units, Caribbean Producers lost 15 cents to settle at $2.75 with 107,577 shares changing hands. Derrimon Trading slipped 1 cent to $2.49 with an exchange of 5,821 stocks, Dolphin Cove shed 20 cents to finish at $6.80 with 9,161 units passing through the market, Elite Diagnostic rose 6 cents to $3.02 with a transfer of 10,350 stock units. Everything Fresh lost 4 cents in the trading of 14,561 shares to end at 71 cents, Express Catering declined by 15 cents to $3.50 with investors switching ownership of 68,533 shares, Fontana fell 5 cents to $5.25 with 129,091 stock units changing hands. General Accident dropped 20 cents to $5.90 with an exchange of 89,649 units, GWest Corporation lost 11 cents to settle at 66 cents with 2,000 stocks crossing the exchange, Honey Bun rose 5 cents to $6.05 with a transfer of 32,993 stock units. iCreate gained 3 cents to finish at 63 cents with 1,370 shares traded, Indies Pharma advanced 24 cents to $2.72 with 275,163 units trading, Jamaican Teas exchanged 462,669 stock units and declined 6 cents to finish at $1.85. Knutsford Express jumped 72 cents to $6.70 trading 6,664 stocks, Lasco Distributors slipped 4 cents to $3.16 with a transfer of 81,154 shares, Lumber Depot traded 843,478 units and lost 4 cents to close at $1.56.
Mailpac Group climbed 22 cents in exchanging 839,236 stock units to end at $2.85, Main Event fell 5 cents to $3 with investors switching ownership of 5,000 shares, Medical Disposables advanced 27 cents to end at $4.27 with the trading of 24,750 units. Paramount Trading dropped 19 cents to $1.35 with 1,000 stocks passing through the market, Stationery and Office Supplies shed 80 cents to end at $3.75 with a transfer of 3,397 stock units and tTech rose 21 cents to $4.30 with 3,550 shares crossing the exchange.
In the preference segment, Derrimon Trading slipped 1 cent to $2.09 with 963 units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.