Junior Market index drifts down

Junior Market stocks recorded more decline at the close of trading on Thursday following falls on the previous three trading days and ended with a loss of 15.02 points to 2,922.18 and leaving the average PE ratio of the market at 13.7 times 2019 earnings.
At the close of trading, the number of stocks rising and falling was almost equal, with 16 rising and 15 falling with five remaining unchanged as investors traded in more securities than on Tuesday. Express Catering and Fosrich traded at an intraday low of $4.89 and $3.20, respectively.
Trading ended with an exchange of 36 securities resulting in 24,026,851 units valued at $52,414,301 passing through the exchange, compared to 5,212,490 units valued at $18,619,974 from 29 stocks on Tuesday.
Market activity ended with an average of 667,413 units at $1,455,953 for each security traded in contrast to 179,741 units for an average of $642,068 on Tuesday. The average volume and value for the month to date amounts to 170,727 units and $489,633, previously 136,798 units valued at $423,623 for each security traded. In contrast, January closed with an average of 137,619 units valued at $521,935 for each security.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows three stocks ended with bids higher than their last selling prices and four with lower offers.
At the close of the market, Access Financial gained $1.80 exchanging 11,714 shares at $30, Cargo Handlers rose 30 cents in trading 10,645 units at $7.80, Caribbean Cream lost 70 cents trading 32,239 stock units and closed at $3.30. Caribbean Producers shed 50 cents to end at $4.50 with 12,304 shares changing hands, Consolidated Bakeries lost 11 cents, after exchanging 2,475 units and closed at $1.68. Dolphin Cove traded 37,859 stock units at $9.45, after losing 55 cents, Everything Fresh gained 6 cents to end at 87 cents, after swapping 7,245 units, Fontana climbed 85 cents and exchanged 170,655 shares at $6.90, Fosrich lost 1 cent to settle at $3.85, with an exchange of 36,691 stock units. General Accident shed 20 cents transferring 56,563 units to close at $6.20, Honey Bun added 5 cents and exchanged 30,903 shares at $7.25, iCreate ended at 68 cents after gaining 1 cent trading 14,203 stock units. Indies Pharma climbed 23 cents after trading 52,203 shares at $2.84. Jamaican Teas gained 17 cents to settle at $6.55 with 14,082 units changing hands, Jetcon Corporation exchanged 55,069 shares in closing at $1.31, after losing 11 cents, Key Insurance ended trading with 65,685 stock units, after adding 5 cents to end at $3. KLE Group climbed 15 cents, to close at $2.45 with 1,000 shares crossing the market, Knutsford Express closed 50 cents higher to $10, with 6,781 units changing hands, Lasco Distributors lost 5 cents to end at $3.01, after transferring 247,516 units, Lasco Financial dipped 41 cents in trading 98,344 units at $3.01. Lasco Manufacturing closed with 327,725 units changing hands, with gains of 5 cents to finish at $4.15, Limners and Bards ended with an exchange of 5,527,680 shares to close at $2.69 after falling 4 cents, Lumber Depot closed trading of 213,526 units and lost 4 cents to end at $1.47, MailPac shed 21 cents to $1.79 with 15,366,137 units swapped. Main Event traded 10,215 units at $5.60, after losing 37 cents, Medical Disposables closed 20 cents lower at $5.30, after exchanging 10,821 units, Paramount Trading closed trading of 31,929 units and rose 13 cents to end at $2. Stationery and Office Supplies ended 20 cents higher to $8.70, with 10,346 shares crossing the exchange and tTech traded 840 units at $4.80, with gains of 10 cents. Derrimon Trading preference share climbed 15 cents in trading of 434 units at $1.65.

Prices of securities trading for the day are those at which the last trade took place.

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