The market index slipped at the close of trading on the Junior Market of the Jamaica Stock Exchange closed on Monday after more stocks rose than declined, with the trading of 63.36 percent fewer shares at 65 percent of the value on Thursday.
Trading ended with 33 securities changing hands compared to 38 on Thursday and ended with prices of 13 stocks rising, 11 declining and nine unchanged.
The Junior Market Index dropped 23.19 points to 2,620.19. The average PE Ratio ended at 14.2 using ICInsider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 2,061,757 shares for $5,052,813 compared to 5,626,924 units at $14,533,347 on Thursday.
Derrimon Trading led trading with 24.1 percent of the total volume of 497,913 shares, followed by Jamaican Teas with 21.5 percent for 443,603 units and Mailpac Group with 10.5 percent for 216,195 shares.
Trading averaged 62,477 units at $153,116 in contrast to 148,077 at $382,457 on Thursday. December ended, with an average of 263,428 units trading at $638,694 each.
Investor’s Choice bid-offer indicator reading shows three stocks ended with bids higher than their last selling prices and six with lower offers.
At the close, Blue Power rose 22 cents to end at $3 in trading 117 shares, Cargo Handlers fell $1.09 to close at $6.51 after exchanging 5,472 units, Caribbean Cream carved out a loss of 5 cents to $4.15 after crossing the exchange, with 8,221 stocks. Caribbean Flavours advanced 1 cent to end at $1.70 in exchanging 52,161 stock units, Caribbean Producers advanced 2 cents to settle at $2.82 after trading 5,501 shares, Dolphin Cove shed $1.20 to close at $8.80 with investors swapping 4,394 stocks. Everything Fresh declined 6 cents to 69 cents with 58,688 shares changing hands, Express Catering rose 5 cents in closing at $3.55 exchanging 24,359 stock units, Gwest Corporation advanced 2 cents to 77 cents with an exchange of 127,963 stocks. Honey Bun climbed 5 cents to $5.70 in switching ownership of 14,888 shares, iCreate gained 4 cents to end at 62 cents trading 50,617 stock units, Indies Pharma carved out a loss of 11 cents to end at $2.60 and clearing the market with 48,000 shares. Iron Rock Insurance rose 40 cents to $4.20, with 65 stock units crossing the market, KLE Group increased 17 cents to $1.32 in trading 200 shares, Knutsford Express climbed 24 cents to $6.80 in exchanging 6,947 stock units. Lasco Distributors fell 9 cents to end at $3.16, after trading 29,950 shares, Lasco Manufacturing rose 5 cents to end at $3.90 with 14,242 stocks changing hands, Limners and Bards dropped 11 cents to $2.94 after 52,737 shares crossed the market.
Lumber Depot shed 6 cents to end at $1.50 with an exchange of 68,094 stocks, Mailpac Group lost 7 cents in closing at $2.80 after exchanging 216,195 units, Medical Disposables carved out a gain of 4 cents in closing at $4.29, with 10,071 units crossing the exchange. Stationery and Office Supplies fell 4 cents ending at $4.50 and crossing the exchange with 5,709 stocks, Tropical Battery fell 1 cent to settle at $1.19 after exchanging 41,197 stock units and tTech gained 60 cents to close at $4.90 after exchanging 30,774 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
