Derrimon Trading was the volume leader for a second day with 45 percent of stocks traded as the Junior Market closed on Wednesday, with the market Index rising even as more stocks fell than rose after trading 8 percent fewer shares than on Tuesday.
Trading ended with 33 securities changing hands compared to 35 on Tuesday and closed with the prices of 13 stocks rising, 15 declining and five remaining unchanged.
At the close, the Junior Market Index climbed 6.21 points to settle at 2,645.91.
The average PE Ratio ended at 13.9 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with trading of 5,219,009 shares for $11,861,927 compared to 5,677,928 units at $13,279,279 on Tuesday. Derrimon Trading led trading with 45.4 percent of total volume for 2.37 million shares, followed by Limners and Bards with 12.2 percent for 636,310 units and Jamaican Teas with 10.2 percent for 530,687 units.
Trading averaged 158,152 units at $359,452, in contrast to 162,227 at $379,408 on Tuesday. The month to date averaged 128,304 units at $298,951 compared to 113,819 units at $269,590 on Tuesday. December closed with an average of 263,428 units at $638,694.
Investor’s Choice bid-offer indicator reading shows four stocks ending with bids higher than their last selling prices and three with lower offers.
At the market’s close, Access Financial shed 49 cents to end at $23, with an exchange of 38 shares, Blue Power gained 26 cents to end at $3.26, trading 3,479 units, Cargo Handlers climbed $1.10 to close at $7.60, in exchanging 653 stock units. Caribbean Producers rose 15 cents to $2.75, with an exchange of 60,833 shares, Consolidated Bakeries shed 23 cents to settle at $1.13, in clearing the market with 800 units, Dolphin Cove gained 20 cents to close at $9 trading 2,621 units. Everything Fresh closed at 75 cents, with gains of 6 cents trading 73,255 shares, Express Catering lost 15 cents in closing at $3.50, in exchanging 6,824 stock units. Fontana closed 14 cents lower at $5.41, in switching ownership of 121,885 shares, Fosrich rose 20 cents to $4.20, with an exchange of 166 units, General Accident lost 7 cents to end at $6.18 trading 1,500 units. Jamaican Teas gained 4 cents to settle at $2.04, in transferring 530,687 shares, Lasco Distributors gained 3 cents to settle at $3.15, in exchanging 18,850 stock units, Lasco Financial shed 3 cents to settle at $2.70, after trading 1,037 units, Lasco Manufacturing lost 4 cents to close at $3.85, with 17,333 stock units changing hands.
Limners and Bards gained 22 cents to close at $2.95, with a transfer of 636,310 shares, Lumber Depot lost 3 cents to close at $1.48, after exchanging 406,554 hares, Main Event declined by 20 cents to $3, in transferring 55,960 stock units and Medical Disposables gained 35 cents to end at $4.35 after exchanging 641 units.
In the preference segment, Derrimon Trading preference share gained 15 cents to close at $2.10, with 550 units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
