Junior Market just slips to close Friday

The Junior Market ended trading on Friday sharply lower activity than on Thursday as total volume plunged 68 percent below Thursday and the total dollar value slipping 24 percent as the number of securities changing hands rose from 28 to 33.
Trading ended with the prices of 10 stocks rising, the prices of 14 declining and nine remaining with prices unchanged.
The Junior Market Index slipped by just 0.53 points to close at 2,529.34 and is marginally down, compared to the close of the previous week. The average PE Ratio of the market dipped at 9.7 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 1,842,894 shares for $4,327,353 compared to 5,847,715 units at $16,656,620 on Thursday.
Mailpac Group led trading with 795,955 shares for 43 percent of total volume, followed by AMG Packaging with 394,514 units for 21.4 percent of the day’s trade and Caribbean Cream with 115,469 units for 6.3 percent market share.
The market closed with an average of 55,845 units at $131,132 trading, in contrast to an average of 208,847 at $594,879 on Thursday. An average of 346,931 units changed hands at $937,761 for the month to date, in contrast to 372,277 units at $1,007,995. Trading in June resulted in an average of 245,049 units at trading $689,955.
IC bid-offer Indicator| 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 one with a lower offer.
At the close of the market, AMG Packaging gained 23 cents to close at $1.80 with 394,514 shares changing hands, Caribbean Assurance Brokers carved out a gain of 18 cents to end at $2.19 trading 6,044 shares, Caribbean Cream shed 24 cents to close at $3.26 with 115,469 units passing through the market. Consolidated Bakeries declined by 33 cents closing at $1.22 in trading 1,000 units, Derrimon Trading rose 17 cents to end at $2.37 in exchanging 5,039 shares, Everything Fresh lost 5 cents to end at 69 cents with 26,664 shares changing hands. Fontana fell 15 cents to close at $5 in an exchange of 46,487 shares, Fosrich added 1 cent to end at $3.61 with investors exchanging 21,734 shares, Honey Bun lost 1 cent to close at $4.90 with investors trading 5,632 units. iCreate carved out a loss 1 cent to 53 cents with an exchange of 60,060 shares, Jamaican Teas advanced 10 cents in closing at $5.07 with investors switching ownership of 12,560 stock units, Jetcon Corporation gained 6 cents to close at $1.03 in exchanging 2,715 shares. KLE Group shed 44 cents to end at $1.35 with investors switching ownership of 25,588 stock units, Knutsford Express rose 1 cent to $7 2,000 stock units passing through the market, Lasco Distributors carved out a loss 8 cents in closing at $2.82 with 1,615 shares changing hands. Lasco Financial rose 9 cents to end at $2.54 after exchanging 758 shares, Lasco Manufacturing fell 20 cents in closing at $3.55 trading 12,617 units, Limners and Bards rose 10 cents to $2.55 trading 6,692 shares. Lumber Depot carved out a loss 1 cent to finish $1.02 in an exchange of 31,202 units, Mailpac Group fell 7 cents, to $1.98 with 795,955 units clearing the market, Medical Disposables declined by 25 cents to settle at $5.80 in trading 71,760 stock units. Paramount Trading dropped 15 cents to $1.81 with 44,350 stock units crossing the exchange, SSL Venture lost 11 cents to end at 78 cents with investors trading 1,002 stock units and Stationery and Office Supplies gained 38 cents closing at $5.98 after 6,358 units crossed the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.