The Junior Market of the Jamaica Stock Exchange eked out a modest gain at the closed on Wednesday, even as more stocks fell than rose after trading, resulted in 37 percent fewer shares changing hands than on Tuesday.
Trading ended with 35 securities changing hands compared to 29 on Tuesday and ended with the prices of 13 stocks rising, 15 declining and seven remaining unchanged.
At the close, the Junior Market Index climbed 8.35 points to settle at 2,454.10. The average PE Ratio of the market ended at 10 based on IC Insider.com forecast of 2020-21 earnings.
The market closed with an exchange of 1,678,856 shares for $4,184,920 compared to 2,668,027 units at $10,621,549 on Tuesday. Jetcon Corporation led trading with 605,400 shares for 36.1 percent of total volume, followed by Lasco Distributors with 184,045 units for 11 percent of the day’s trade and Caribbean Producers with 183,684 units for 10.9 percent market share.
Trading for the day ended with an average of 47,967 units at $119,569 in contrast to 92,001 at $366,260 Tuesday. For the month to date, the average trade resulted in an exchange of 67,920 units at $231,351 compares to August’s average of 104,426 units at $321,996.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows three stocks ending with bids higher than their last selling prices and five with lower offers.
At the close of the market, Access Financial gained 9 cents to end at $20.90, with 500 shares crossing the market, AMG Packaging lost 15 cents to close at $1.56 trading 3,100 stock units, Cargo Handlers shed 55 cents to settle at $6 while exchanging 7,493 units. Caribbean Cream lost 30 cents in ending at $4.20 with investors switching ownership of 26,646 shares, Caribbean Flavours climbed 74 cents to $18.33, in exchanging 14,174 stocks, Caribbean Producers lost 9 cents in closing at $2.31 and transferring 183,684 shares. Derrimon Trading gained 20 cents to end at $2.50, after exchanging 9,200 units, Elite Diagnostic rose 44 cents to $3.45 and clearing the market with 389 shares, Everything Fresh picked up 3 cents to end at 70 cents after exchanging 100 units. Express Catering shed 59 cents to settle at $3.35 trading 50,224 shares, Fontana lost 4 cents to finish at $4.75, with 137,591 shares passing through the market, Fosrich lost 20 cents and closed at $3.80 with 16,501 stock units crossing the market. General Accident closed 41 cents higher at $6.48, in exchanging 26,026 stock units, Honey Bun ended at $4.80, with a loss of 30 cents and 22,155 stock units crossing the market, iCreate slipped 2 cents to 68 cents trading 13,646 stock units. 
Indies Pharma shed 14 cents to end at $2.65 trading 14,764 shares, Iron Rock Insurance lost 25 cents to close at $2.90 with investors switching ownership of 6,225 units, ISP Finance rose $1 to settle at $13, with 902 units passing through the market. Jamaican Teas dropped 54 cents to $4.06, after clearing the market with 42,687 shares, Jetcon Corporation gained 4 cents to finish at 84 cents, in transferring 605,400 stocks, KLE Group gained 6 cents to end at $1.42, after trading 5,000 units. Knutsford Express lost 10 cents to close at $6.80, with 4,308 units crossing the market, Lasco Financial shed 1 cent to close at $2.13, in trading 67,204 shares, Lasco Manufacturing gained 19 cents and ended at $3.79, with an exchange of 34,639 shares. Limners and Bards carved out a gain of 3 cents after ending at $2.73 and a transfer of 30,260 stock units, MailPac Group lost 1 cent to end at $1.99 with investors swapping 50,600 shares. Medical Disposables rose 22 cents to finish at $4.89 trading 7,305 stocks and Stationery and Office Supplies gained 5 cents to settle at $5.65 with investors swapping 9,846 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.