Lab results push Junior Market – Thursday

Limners and Bards posted strong gains in first quarter results to January that pushed the stock price up 12 percent, for the day and, along with 17 others, helped the Junior Market of the Jamaica Stock Exchange in recording a modest gain on Thursday, after the market index rose 38 points after 40 minutes of trading.
At the close, 38 securities traded, up from 33 on Wednesday, with prices of 18 rising, 11 declining and nine remaining unchanged.
At the close, the Junior Market Index rose 18.71 points to settle at 2,923.25. The  PE Ratio averaged 16.4 based on ICInsider.com’s forecast of 2020-21 earnings.
At the close, investors exchanged 39 percent fewer shares than on Wednesday, resulting in an exchange of 7,988,198 shares for $29,746,400, down from 13,020,776 units at $40,054,022 on Wednesday.
Fosrich led trading with 39 percent of total volume for 3.12 million shares, followed by Limners and Bards with 13.8 percent, with an exchange of 1.11 million units and Main Event with 12.8 percent of the day’s trade for 1.02 million units.
Trading averaged 210,216 units at $782,800, versus 394,569 at $1,213,758 on Wednesday. The month to date, averaged 241,183 units at $698,505, compared to 243,736 units at $691,556 on Wednesday. February averaged 365,365 units at $881,118.
Investor’s Choice bid-offer Indicator shows one stock ended with the bid higher than the last selling price and one with a lower offer.
At the close, Access Financial climbed 66 cents to $20.50 with an exchange of 2,176 shares, AMG Packaging rose 6 cents to $1.96 with 10,000 stock units crossing the market, Blue Power advanced 27 cents to $4.09 with 100 units changing hands. Caribbean Cream shed 55 cents to close at $4.35 with 154,957 stocks traded, Caribbean Flavours gained 10 cents to end at $2.30 with a transfer of 9,921 shares, Consolidated Bakeries increased by 12 cents to $1.57 with an exchange of 1,147 units. Fosrich slipped 5 cents to $5.40 with the trading of 3,118,052 stocks, GWest Corporation rose 6 cents to 89 cents with 38 shares changing hands, iCreate declined by 7 cents to 76 cents with 10,000 units traded. Indies Pharma advanced 17 cents to $3.49 with a transfer of 230,109 stocks, Knutsford Express shed $1.30 to finish at a 52 weeks’ low of $5.10 with an exchange of 2,058 shares, Lasco Distributors added 5 cents to close at $3.88 with 129,796 stock units passing through the market. Lasco Financial dropped 13 cents to $2.51 with 31,375 stocks changing hands, Limners and Bards climbed 30 cents to $2.85, with 1,105,667 units traded, Lumber Depot rose 7 cents to $2.57 with a transfer of 384,692 shares. Main Event gained 5 cents to close at $3.20 with an exchange of 1,018,764 stocks, Paramount Trading fell 12 cents to $1.31 with 7,206 stock units changing hands, Tropical Battery lost 5 cents to end at $1.15 with 150,083 units traded and tTech rose 5 cents to $4.75 with 3,677 shares crossing the exchange.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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