Caribbean Flavours, fresh from the ten to one stock split on Monday led trading on Junior Market of the Jamaica Stock Exchange on Tuesday as the price hit a new record high of $3 during the day, before settling slightly lower at the close.
Caribbean Flavours a Derrimon’s subsidiary
Trading ended with 31 securities changing hands compared to 33 on Monday and concluded with the prices of 11 stocks rising, 13 stocks declining and seven, with prices remaining unchanged.
At the close, the Junior Market Index carved out a gain of 14.36 points to settle at 2,491.16. The average PE Ratio of the market ended at 10.4 based on the IC Insider.com’s forecast of 2020-21 earnings.
The market closed with investors expended $15,577,070 in chasing after 5,362,727 shares on Tuesday, 100 percent more than Monday’s 2,681,105 units at $8,677,248.
Caribbean Flavours led trading with 25.4 percent of total volume with an exchange of 1.36 million shares, followed by Mailpac Group with 24.3 percent of the day’s trade or 1.31 million units and Fontana with 958,938 units for 17.9 percent market share.
Trading ended with an average of 172,991 units at $502,486 in contrast to 81,246 at $262,947 on
Monday.
For the month to date, the average trade resulted in an exchange of 373,067 units at $800,609, in comparison to 396,297 units at $835,223 on Monday. Trading in September resulted in an average of 119,171 units at $249,355.
At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows five stocks ended with bids higher than their last selling prices and three with lower offers.
At the close of the market, Access Financial shed $3.03 to end at $19.05 with investors switching ownership of 51,357 stock shares, AMG Packaging gained 14 cents to finish at $2 with an exchange of 54,082 units, Blue Power dropped 15 cents to settle at $3.40, with 5,692 shares passing through the market. Caribbean Cream gained 8 cents to close at $4.73 with 20,000 stocks changing hands, Caribbean Flavours advanced 55 cents and traded 1,362,694 units to end at a record close of $2.93, Caribbean Producers lost 9 cents to settle at $2.21 with investors transferring 9,987 stocks. Consolidated Bakeries finished 1 cent higher at $1.48 with 117 stock units changing hands, Elite Diagnostic increased by 4 cents to close at $3.14 with 1,639 stocks passing through the market, Fontana rose 4 cents and exchanged 958,938 stock units to end at $4.99. 
Fosrich fell 24 cents to settle at $3.20 with investors switching ownership of 3,054 stock units, General Accident dropped 29 cents to finish at $6.40 with 5,490 shares traded, GWest Corporation shed 3 cents to close at 71 cents with 12,297 stock units passing through the market. Honey Bun slipped 1 cent to $4.89 with 5,370 stocks changing hands, Indies Pharma lost 5 cents to end at $2.70 with 68,155 units traded, ISP Finance jumped $4.90 to $20 with an exchange of 1,000 units. Jetcon Corporation gained 6 cents to settle at 85 cents with investors switching ownership of 20,000 shares, Knutsford Express shed 39 cents to close at $6.49 with 430 stocks passing through the market, Lasco Distributors advanced 5 cents to end at $3.13 with 267,231 units changing hands. Lasco Financial fell 5 cents to settle at $2.05, with an exchange of 72,340 shares, Limners and Bards declined by 5 cents to finish at $2.60 with investors transferring 200,615 shares, Lumber Depot lost 8 cents to close at $1 with 92,152 stock units passing through the market. Mailpac Group rose 1 cent and traded 1,305,104 stock units to end at $1.95, Main Event dropped 49 cents to settle at $3.25 with 5,044 stock units changing hands and Stationery and Office Supplies gained 2 cents to finish at $4.87 with 8,911 shares crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
