Junior Market regains some losses – Tuesday

The Junior Market Index recovers 20.28 points of the 32 it lost on Monday to close at 2,601.68 on Tuesday as trading activity remained close to Monday levels with 30 securities changing hands on both days.  
Trading resulted in an exchange of 5,099,168 units valued at $15,226,012 compared to 4,645,198 units valued at $13,350,189 on Monday. At the close of market activities, the prices of 14 securities advanced, ten declined and six remained unchanged. The PE ratio of the market ended at 10.1 times IC Insider.com projected 2020-21 earnings.
Limners and Bards stock price rose 40 cents as it controlled 24 percent of the overall market volume, with 1.2 million units traded on the heels of its recently announced 52 percent year-over-year increase in net profits for the six months ending April. Mailpac Group held 25 percent of the volume with 1.27 million shares traded and Lasco Distributors 592,000 shares for 12 percent market share rounded out the top three.
Trading concluded with an average of 169,972 units at $507,534 for each security traded, in contrast to 154,840 units for an average of $445,006 on Monday. The average volume and value for the month to date amounts to 172,874 units at $420,020 and previously 173,151 units valued at $411,659. In contrast, May closed with an average of 150,274 units for $491,077 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows two stock ended with bids higher than its last selling prices and five with lower offers.
At the close of the market, Access Financial climbed $2.24 to settle at $24.75 at with a mere 50 shares changing hands, Blue Power dropped 26 cents in the exchange of 147,395 stock units to end at $3.60, Cargo Handlers rose 34 cents to $7.84 with a transfer of 655 units. Caribbean Assurance Brokers fell 4 cents in the swapping of 15,350 shares to finish at $2.20, Caribbean Cream closed trading of 1,000 units and gained 8 cents to end at $2.88, Caribbean Flavours fell 50 cents to close at $14 with an exchange of 2,000 shares. Caribbean Producers gained 1 cent to end at $2.37 with 279,690 stock units passing through the market, Everything Fresh dipped 2 cents to 80 cents with 49,258 units changing hands, Express Catering jumped 60 cents to $4.90 with 23,498 shares traded. Fontana gained 4 cents and exchanged 363,036 shares to close at $5.50, Fosrich shed 24 cents in trading 62,922 units to finish at $3.56, General Accident declined 20 cents to $5.30, trading 212,864 stock units. Honey Bun closed trading of 123,257 units and gained 35 cents to end at $5.45, iCreate moved 1 cent higher to 56 cents with an exchange of 47,797 units, Indies Pharma slipped 10 cents in trading 52,511 shares to finish at $2.90. Jamaican Teas ended at $4.49 after losing 1 cent and exchanging 272,114 stock units, Jetcon Corporation rose 22 cents to $1.32 with the swapping of 149,487 shares, Lasco Distributors closed 3 cents higher at $2.98, with 592,454 stock units trading. Lasco Financial climbed 3 cents and exchanged 2,000 shares to finish at $2.54, Lasco Manufacturing lost 11 cents in trading 70,050 units to settle at $3.89, Limners and Bards closed 40 cents higher at $2.90, with 1,224,292 stock units changing hands. Mailpac Group added 5 cents to end at $1.94 with 1,268,543 shares crossing the exchange, Main Event finished at $4.48 after rising 40 cents and trading 8,753 units and Medical Disposables ended with a loss of 1 cent at $6.69 with 800 stock units changing hands.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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