Trading closed on Monday, with the market declining after an exchange of 31 percent more shares valued 48 percent less than on Friday’s and leading to a fall in the Junior Market index after it surged 61.40 points to 3,382.95 points within 17 minutes of the opening, but the market failed to hold off selling pressure, leaving the Market index down 15.05 points to close at 3,306.50.
Overall 40 securities traded, up from 37 on Friday and ended with the prices of nine stocks rising, 23 declining and eight remaining unchanged. At the close, the PE Ratio based on ICInsider.com’s forecast of 2021-22 earnings averaged 12.
At the market close 13,103,080 shares traded for $39,313,013 compared to 10,030,984 units at $26,609,052 on Friday. Jamaican Teas led trading with 20.7 percent of the total volume after trading 2.72 million shares, followed by Mailpac Group with 19 percent for 2.49 million units, Elite Diagnostic with 14.9 percent after a transfer of 1.95 million units and Derrimon Trading controlled 8.9 percent with 1.17 million units changing hands.
Trading averaged 327,577 units at $982,825 compared to 271,108 at $719,164 on Friday. The month to date trading averaged 347,217 units at $864,166, compared to 349,312 units at $851,510 on Friday. Trading in April closed with an average of 329,241 units at $854,716.
Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, Access Financial dropped $1.15 to $21 with trading just 4 shares, Blue Power fell 20 cents to $3.75 with an exchange of 5,026 stocks, Caribbean Producers lost 28 cents to settle at $3.50 with 29,880 units changing hands. Derrimon Trading declined 10 cents to $2.50 with 1,170,771 stock units passing through the market, Dolphin Cove shed 61 cents to close at $7.38 with an exchange of 841 shares, Elite Diagnostic advanced 16 cents to $3.29 with a transfer of 1,953,169 stocks. Everything Fresh rose 5 cents to $1 with 17,063 units traded, Express Catering jumped $1 to $5.90 in switching ownership of 25,104 shares, Fontana dropped 20 cents to $6 with 272,750 stocks changing hands. Fosrich climbed 48 cents to $8.47 with 49,909 units passing through the market, General Accident fell 40 cents to $5.70 in an exchange of 20,782 shares, Honey Bun lost 12 cents to end at $6.30 with a transfer of 35,630 stock units. iCreate rose 7 cents to 86 cents with 366,532 stocks traded, Indies Pharma shed 30 cents to close at $3.70 in switching ownership of 83,302 units, Iron Rock Insurance fell 10 cents to $3.45 with 250 shares changing hands. Jamaican Teas gained 5 cents to end at $3.95 with 2,715,570 stock units changing hands, KLE Group lost 10 cents to finish at $1.10 with an exchange of 45,672 units, Knutsford Express dropped $1.25 to close at $7.20 with a transfer of 7 stocks. 
Lasco Distributors slipped 5 cents to $4.15 with 38,968 shares traded, Lasco Financial fell 14 cents to $3.80 with 85,342 units changing hands, Lumber Depot declined 15 cents to $3.03 with 807,322 stocks passing through the market. Main Event shed 41 cents to end at $4.50 with a transfer of 1,575 stock units, Medical Disposables advanced 15 cents to $4.40 with 1,534 units traded and Stationery and Office Supplies dropped $1.87 to close at $7.63 with 32,890 shares crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
