Junior Market moves higher

Trading was more subdued on Monday than Friday and ended with more stocks declining than rising at the close of the Junior Market of the Jamaica Stock Exchange, nevertheless, the market index gained 20.53 points to settle at 3,264.46.
A total of 40 securities traded compared to 39 on Friday, with 13 stocks rising, 19 declining and eight remaining unchanged. The PE Ratio based on ICInsider.com’s forecast of 2021-22 earnings averaged 12.2.
Investors exchanged 77 percent fewer shares at 82 percent less value than on Friday. Trading amassed 7,657,019 shares for $14,785,764 compared to 33,684,414 units at $82,018,666 on Friday.
Future Energy Source led trading with 43 percent of total volume, after 3.28 million shares changed hands, followed by Paramount Trading 11.1 percent of the day’s trade with 852,642 units and Derrimon Trading with 10.7 percent with a transfer of 816,047 units.
Trading averaged 191,425 units at $369,644, down from 863,703 at $2,103,043 on Friday. Trading month to date averaged 328,355 units at $814,965, compared to 357,031 units at $908,226 on Friday. April ended with an average of 329,241 units at $854,716.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Access Financial fell 20 cents to $21.80 with 611 shares passing through the market, Blue Power dipped 30 cents to $3.60 with an exchange of 45,370 units, CAC 2000 jumped 50 cents to $10 with 2,947 stock units changing hands. Caribbean Cream gained 10 cents to close at $5.30 with a transfer of 642 shares Caribbean Producers slipped 5 cents to $3.75 with 53,048 stocks traded, Express Catering climbed 40 cents to a 52 weeks’ closing high of $5.20, with 16,905 units passing through the market. Fosrich shed 50 cents to end at $7.99 with an exchange of 83,942 stock units, Indies Pharma advanced 16 cents to $4.24 with 20,237 shares changing hands, Jamaican Teas slipped 11 cents to  $4.08 with a transfer of 378,490 stocks. Jetcon Corporation slipped 5 cents to 85 cents with 17,580 units changing hands, Knutsford Express fell 5 cents to $8.45, with 16,147 stock units passing through the market, Lasco Financial climbed 25 cents to $3.35 with an exchange of 50,155 shares. Limners and Bards increased 8 cents to finish at $2.90 with 181,122 stock units changing hands, Mailpac Group rose 5 cents to $3.85 with a transfer of 309,136 units, Main Event advanced 22 cents to $4.87 with 1,323 stocks traded. Medical Disposables fell 9 cents to $5.19 with 102 units passing through the market, Stationery and Office Supplies dropped 93 cents to $5.52 with 5,139 stock units changing hands and tTech lost 28 cents to close at $4.60 with 17,551 shares crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.