Junior Market lost grounds – Wednesday

The Junior Market lost momentum on Wednesday as the index declined by 19.52 points to close at 2,556.35. Market activities ended with the prices of 12 securities advancing, twelve declining and prices of three remaining unchanged.
Trading concluded with 27 securities changing hands, resulting in an exchange of 4,550,105 units valued at $10,318,665 versus to 3,765,461 units costing $7,141,689 from 29 stocks on Tuesday. The PE ratio of the market ended at 9.5 times 2020-21 earnings.
The average stock trading amounted to 168,522 units at $382,173 in contrast to an average of 129,843 units for $246,265 on Tuesday. The average volume and value for the month to date amounts to 189,924 units for $429,240, previously 192,917 units valued at $435,825. Trading in May closed with an average of 150,274 units valued at $491,077 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows nine stocks ended with bids higher than their last selling prices and four with lower offers.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows nine stocks ended with bids higher than their last selling prices and four with lower offers.
At the close of trading, Cargo Handlers declined 4 cents in the exchanging a mere 522 shares to settle at $6.51, Caribbean Assurance Brokers fell 4 cents to $2.24, with an exchange of 2,000 units, Caribbean Flavours ended with a loss of 30 cents at $11.70 with 200 shares changing hands. Caribbean Producers exchanged 1,086,459 stock units to close 5 cents higher at $2.40, Derrimon Trading climbed 19 cents to $2.59 with 94,870 units trading, Elite Diagnostic ended at $4.17 after rising 17 cents and swapping 31,990 shares. Everything Fresh closed 10 cents higher at 82 cents, with 109,527 stock units changing hands, Express Catering lost 8 cents in exchanging 29,463 shares to finish at $4.30, Fontana added 10 cents and exchanged 16,442 shares to close at $6. Fosrich climbed37 cents to $3.80 with 14,720 shares crossing the market,  General Accident inched 4 cents higher, trading 47,327 stock units to settle at $5.69, Honey Bun closed gained 24 cents to close at $5.45 after exchanging 70,204 stock units. iCreate moved up 3 cents to 57 cents with 338,046 units changing hands, Jamaican Teas slipped 1 cent to close at $4.89 with 3,427 shares traded, Knutsford Express shed $1.29 and exchanged 30,140 shares to close at $7.01. Lasco Distributors fell 3 cents in the swapping of 1,237,690 units to settle at $2.97, Lasco Financial lost 12 cents trading 19,000 shares to close at $2.51, Lasco Manufacturing slipped 4 cents to $3.85 with an exchange of 27,829 stock units. Limners and Bards gained 3 cents and traded 12,994 units to end at $1.97, Lumber Depot slipped 1 cent to $1.11 with 97,749 stock units changing hands, Mailpac Group lost 3 cents in trading 624,718 shares to close at $1.85. Medical Disposables ended at $6.89 after rising 14 cents, with 10,000 shares changing hands, Paramount Trading added 1 cent and swapped 4,784 shares to settle at $2 and Stationery and Office Supplies lost 18 cents to close at $6.02 with 14,783 shares crossing the exchange.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.