Stocks shed 33.77 points to settle at 2,499.98 at the close of the Junior Market of the Jamaica Stock Exchange closed on Wednesday after more stocks fell than rose after 68 percent fewer shares changed hands than on Tuesday.
Trading ended with 35 securities changing hands compared to 36 on Tuesday and closed with the prices of 10 stocks rising, 14 declining and 11 remaining unchanged.
At the close, the average PE Ratio of the market ended at 10.7 based on the IC Insider.com forecast of 2020-21 earnings.
The market closed with an exchange of 2,756,683 shares for $10,338,812 compared to 8,538,074 units at $11,671,236 on Tuesday. Tropical Battery led trading with 35.3 percent of total volume accounting for 972,457 shares, followed by Mailpac Group with 16.6 percent or 456,329 units and Caribbean Flavours and Fragrances with 8.5 percent market share in exchanging 235,129 units.
Trading ended with an average of 78,762 units at $295,395 compared to 237,169 at $324,201 on Tuesday. For the month to date, the average trade resulted in an exchange of 520,940 units at $978,530 compared to 639,080 units at $1,161,047 on Tuesday. 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 ending with bids higher than their last selling prices and six with lower offers.
At the close of the market, Cargo Handlers lost 1 cent to settle at $7.89 and 2,110 shares passing through the market, Caribbean Cream gained 24 cents to settle at $4.72, with a transfer of 10,600 stock units, Caribbean Flavours and Fragrances picked up 3 cents to finish at $18.45 after clearing the market with 235,129 shares. Caribbean Producers shed 20 cents to close at $2.20, after trading 55,820 shares, Consolidated Bakeries slipped 30 cents to $1.19, with 47,620 shares passing through the market, Derrimon Trading lost 4 cents to settle at $2.70, in transferring 13,605 stock units. Dolphin Cove ended 10 cents lower at $6.90, with investors switching ownership of 1,650 units, Elite Diagnostic gained 8 cents in closing at $3.10, after the trading of 2,668 units, Everything Fresh gained 1 cent in closing at 71 cents, with 54,000 shares crossing the market. Fosrich closed at $3.69, after gaining 34 cents with 186,750 shares changing hands, GWest Corporation ended 8 cents higher at 98 cents, in trading 12,011 stock units, Honey Bun lost 1 cent to settle at $4.89, after clearing the market with 8,747 stock units. Indies Pharma shed 21 cents to end at $2.64, exchanging 64,660 shares, Jamaican Teas lost 9 cents in finishing at $5.20, in trading 125,489 shares, Jetcon Corporation gained 12 cents to finish at 91 cents and clearing the market with 101,738 shares. 
Knutsford Express fell by $1 to $5.50 trading 8 units, Lasco Distributors gained 10 cents to close at $3.12, with investors swapping 112,106 shares, Lasco Financial gained 5 cents to end at $2.10, with 923 units crossing the market. Lasco Manufacturing lost 9 cents to close at $3.40, with an exchange of 70,951 shares, Mailpac Group fell 2 cents to $1.98 trading 456,329 shares, Main Event lost 5 cents in closing at $3.25, clearing the market with 19,865 stock units. Medical Disposables closed at $4.60, after losing 10 cents in the transfer of 18,282 stock units, Stationery and Office Supplies rose to $5.60, with gains of 78 cents as investors switched ownership of just 77 units and tTech shed 70 cents to settle at $6 with an exchange of 5,100 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
