Trading closed on Friday with the Junior Market Index gaining 34.45 points to 3,329.50, but the volume of stocks trading dropped 36 percent and the value falling 17 percent from Thursday levels at the conclusion of market activity of the Jamaica Stock Exchange Junior Market.
Trading ended with 41 active securities compared to 37 on Thursday and closed with 16 rising, 18 falling and seven unchanged.
At the close, the PE Ratio, based on ICInsider.com’s forecast of 2021-22 earnings, averages 12.4.
Trading ended with 6,105,277 shares changing hands for $16,999,068, down from 9,546,922 units at $20,365,504 on Thursday.
Future Energy Source led trading with 33.5 percent of total volume for an exchange of 2.05 million shares followed by Jamaican Teas with 13.2 percent for 803,886 units and Mailpac Group with 8 percent market share for 488,914 units.
Trading averaged 148,909 units at $414,611, down from 258,025 at $550,419 on Thursday. Trading month to date averages 316,141 units at $760,798, compared to 326,224 units at $781,671 on Thursday. April closed with an average of 329,241 units at $854,716.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Access Financial shed 49 cents to end at $22 in an exchange of 1,082 shares, AMG Packaging lost 8 cents in closing at $1.60 with 16,001 stocks changing hands, Blue Power dipped 9 cents to settle at $3.90 in transferring 140 units. CAC 2000 fell 77 cents to $9.23 trading 5,396 shares, Caribbean Cream gained 13 cents to end at $5.90 with 811 stock units clearing the market, Caribbean Producers lost 8 cents to close at $3.66 with 17,378 shares changing hands. Consolidated Bakeries picked up 20 cents to finish at $1.70 with the swapping of 9 stock units, Derrimon Trading gained 5 cents to end at $2.51 in trading 204,421 stocks, Express Catering rose 28 cents to $5 in exchanging 13,842 units, Fontana fell 38 cents to $5.80 with a transfer of 369,864 stocks.
Honey Bun lost 17 cents in trading 7,181 stock units at $6.80, Iron Rock Insurance gained 5 cents to finish at $3.25 with 200,000 units crossing the market, Knutsford Express rose 30 cents to $8.30 with 14,497 units changing hands, Lasco Distributors lost 5 cents in closing at $4.25 with the swapping of 27,858 stocks. Lasco Financial ended 35 cents higher at $3.75 after exchanging 171,636 stocks, Lasco Manufacturing gained 15 cents in closing at $5.50 with the swapping of 160,799 shares, Limners and Bards lost 5 cents to settle at $3.15 in exchanging 454,746 units. Main Event rose 45 cents to $4.65 after a transfer of 125 stocks, SSL Venture fell 8 cents to 55 cents in exchanging 10,100 shares and Stationery and Office Supplies gained 10 cents in closing at $8.20 with investors switching ownership of 1,000 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
