Junior Market slips on rising stocks

The Junior Market of the Jamaica Stock Exchange closed on Tuesday with 33 securities changing hands, resulting in 15 securities advancing, 8 declining and 10 remaining unchanged.
The Junior Market Index declined 6.49 points to close at 3,256.34 and the market’s average PE Ratio ended the day at 14.2 earnings for 2019.
Market activity close with an exchange of 3,923,066 units valued at $17,832,838 compared to 2,705,269 units valued at $10,296,689 from 34 companies on Monday.
Trading ended with an average of 118,881 units for an average of $540,389 in contrast to 79,567 units for an average of $302,844 on Monday. The average volume and value for the month to date amounts to units 180,987 valued at $768,779 and previously 189,635 valued at $800,580. In contrast, December closed with an average of 521,319 shares at $1,344,719 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows seven stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close of the market, Access Financial gained $1.60 to end at $32.10, in trading 10,867 shares, AMG Packaging declined by 20 cents to settle at $2, after exchanging 204,558 stock units, Consolidated Bakeries rose 10 cents with a transfer of 300 units at $1.90, Dolphin Cove lost 5 cents in trading 217 shares to close at $11.75. Derrimon Trading dipped 5 cents in the trading of 2,538 units at $2.50, Everything Fresh ended with 14,500 shares changing hands, after rising 3 cents to end at $1.10, Express Catering lost 5 cents in the trading of 4,876 units at $6.25. Fosrich lost 6 cents in trading 59,940 shares to close at $4.40, General Accident climbed 24 cents to close at $6.44, with 3,000 stock units crossing the exchange, GWest Corporation closed 3 cents higher at $1.10, trading 30,858 stock units. Honey Bun climbed 85 cents and exchanged 26,155 shares at $8.15, iCreate gained 1 cent to end at 75 cents, trading 193,406 shares, Indies Pharma fell 8 cents in trading of 190,360 units at $2.92, Jamaican Teas lost 61 cents in exchanging 874,330 shares to close at $7.29. Jetcon Corporation ended trading with 102,054 shares, after rising 10 cents to end at $1.60, Key Insurance closed trading of 200 units and gained 30 cents to end at $3.90, KLE Group ended with 8,977 shares changing hands, after rising 4 cents to end at $2.04. Knutsford Express climbed 1 cent, with an exchange of 578 shares at $10, Lasco Financial closed with a loss of 16 cents at $4.10, in swapping of 28,880 shares, Lasco Manufacturing lost 35 cents trading 44,141 units at $4.25. Lumber Depot closed 1 cent higher at $1.53, with 158,203 stock units trading, MailPac Group ended with 591,022 shares crossing the exchange, after rising 3 cents to end at $2.08. Main Event exchanged 23,894 stock units after rising 4 cents to close at $6.04, Paramount Trading shed 18 cents in trading of 5,000 units at $1.72 and Stationery and Office Supplies gained 15 cents in exchanging 5,317 shares to close at $10.65.

Prices of securities trading for the day are those at which the last trade took place.

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