The Junior Market drifted lower at the close of trading on Wednesday after the market climbed to over 2,477 points in the morning session and later declined 15.06 points lower than on Tuesday to close at 2,437.57.

MailPac traded 69 million shares to dominate Junior Market trading.
Trading ended on Wednesday with 33 securities changing hands, resulting in an exchange of 115,474,401 units valued at $258,980,019 compared to 9,178,794 units valued at $16,852,497 also from 33 companies on Tuesday. There were three big trades for the day with MailPac Group controlling the lion’s share of 59 percent with an exchange of 68 million units for over $117 million, Limners and Bards traded 42 million shares, amounting $75.6 million. At the same time, Access Financial Services saw 2.3million stock units changing hands for $58.6 million.
At the close of market activities, the prices of 13 securities advanced, 14 declined and six remained unchanged. The average PE ratio of the Junior Market ended at 8.9 based on 2020-21 earnings.
Trading ended with an average of 3,499,224 units at $7,847,879 for each security traded, in contrast to 278,145 units for an average of $510,682, on Tuesday. The average volume and value for the month to date amounts to 506,987 units valued at $1,165,701 and previously 263,175 units valued at $621,227.
In comparison, March closed with an average of 226,230 units, valued at $542,563 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows four stocks ended with bids higher than their last selling prices and two with lower offers.
At the close of the market, Access Financial fell $2.50 to $25 in the trading of 2,343,700 units, Blue Power added 1 cent and exchanged 240,000 shares to settle at $3.01, Caribbean Assurance Brokers lost 5 cents in exchanging 76,901 shares at $2.30, Caribbean Producers ended with 121,322 shares traded, after rising 6 cents to finish at $2.80. Derrimon Trading closed 15 cents higher at $2.10 with 125,159 units changing hands, Dolphin Cove dropped $1.50 to $6, swapping 34,700 shares in the process, Everything Fresh climbed 12 cents and exchanged 10 shares to close at 84 cents. Express Catering ended at $3.10 after losing 62 cents and trading 155,289 shares, Fontana slipped 1 cent to $5.59 with 300,843 stock units changing hands, GWest Corporation ended market activity exchanging 894 shares to close at 75 cents after falling 13 cents. Honey Bun lost 99 cents in trading 104,332 shares to close at $5, iCreate exchanged 1,061,283 shares and picked up 1 cent to end at 42 cents, Indies Pharma closed at $2.26 after gaining 1 cent and trading 58,890 units. Iron Rock Insurance shed 17 cents in the swapping of 3,000 units to close at $2.40, Jamaican Teas exchanged 242,600 shares to settle at $4.35 after falling 5 cents, Jetcon Corporation declined by 4 cents to finish at 90 cents with 97,000 shares traded.
Knutsford Express lost 99 cents in swapping 2,198 shares to close at $8, Lasco Distributors finished 1 cent higher at $2.97 with 21,000 stock units trading, Lasco Financial shed 12 cents in the exchange of 5,700 units to close at $2.98. Lasco Manufacturing traded 32,562 shares and gained 15 cents to end at $3.70, Limners and Bards dipped 10 cents to $1.80 in trading of 41,964,069 units, Lumber Depot ended 1 cent higher at $1.15 with 107,917 shares changing hands. MailPac Group exchanged 68,195,556 units and climbed 15 cents to end at $1.75, Main Event rose 25 cents to $4.25 with an exchange of 1,000 shares at $4.25, Medical Disposables climbed 91 cents and traded 30,200 shares to settle at$7.50. SSL Venture closed with a loss of 26 cents at a 52 weeks’ low of 75 cents in the swapping of 5,141 shares and Stationery and Office Supplies closed trading 30 cents higher at $6 with 23,387 units crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.