Mailpac Group led trading for the third consecutive day on the Junior Market of the Jamaica Stock Exchange on Thursday as the total volume and value of shares trading on the market declined 74 percent and 76 percent, respectively, from Wednesday’s levels.
Mailpac CEO Khary Robinson.
Similar to Wednesday, trading ended with 34 securities changing hands and closed with the prices of 17 stocks rising, 10 declining and seven remaining unchanged.
The Junior Market Index rose 22.47 points to 2,541.47 and the average PE Ratio ended at 13.3 based on ICInsider.com’s forecast of 2020-21 earnings.
Trading accounted for 4,116,831 shares at $8,351,601 down from 15,670,241 units at $34,936,702 on Wednesday. Mailpac Group led trading with 32.8 percent of total volume as 1.35 million shares changed hands, followed by Lumber Depot with 23.5 percent for 967,216 units following the release of good second-quarter results and Jamaican Teas with 19.3 percent market share for 795,272 units.
Trading averaged 121,083 units at $245,635 in contrast to 460,889 at $1,027,550 on Wednesday. The month to date, average trade comes in at 347,945 units at $780,169, compared to 381,049 units at $858,170 on Wednesday. November averaged 193,331 units at $566,885.
Investor’s Choice bid-offer indicator reading shows four stocks ending with bids higher than their last selling prices and three with lower offers.
At the close of the market, Blue Power lost 2 cents to end at $3.36, with 1,330 units passing through the market, Caribbean Assurance Brokers gained 8 cents to close at $1.88 after an exchange of 18,613 stock units, Caribbean Cream lost 1 cent in closing at $4.02, trading 29,376 stock units. Caribbean Producers rose 24 cents to $2.94, with an exchange of a mere 500 units, Consolidated Bakeries gained 28 cents, in ending at $1.40 trading 1,082 shares, Derrimon Trading shed 20 cents to settle at $2.30, after exchanging 10,000 stock units. Dolphin Cove dropped $1 to $6 in transferring 2,000 units, Everything Fresh lost 5 cents to close at 66 cents trading 40,151 shares, Express Catering gained 10 cents to finish at $3.50, with 3,350 units changing hands. Fontana picked up 5 cents in closing at $5.45, with an exchange of 124,807 shares, Fosrich lost 3 cents in ending at $3.96 and trading 6,579 units, General Accident gained 10 cents to $6.10, with 20,650 stock units crossing the market. Honey Bun rose 28 cents to end at $5.98, with 20,525 stock units changing hands, Indies Pharma lost 13 cents to close at $2.37, in transferring 27,616 stock units, ISP Finance climbed $2 to $19, after trading 4,759 units. Jamaican Teas gained 8 cents to settle at $1.88, exchanging 795,272 shares, Jetcon Corporation rose 4 cents to 79 cents trading 12,429 stock units, Lasco Distributors closed 25 cents higher at $3.45, with an exchange of 10,000 units. Lasco Financial slipped 10 cents to close at $2.55 after 80,500 shares passed through the market, Lasco Manufacturing gained 16 cents in closing at $3.85, with investors swapping 18,615 stock units, Limners and Bards gained 10 cents to close at $2.70 trading 8,691 units. 
Lumber Depot closed at $1.36, with gains of 18 cents as investors swapped 967,216 shares, Mailpac Group added 10 cents in closing at $2.35 trading 1,348,067 shares, SSL Venture gained 10 cents to settle at 66 cents, in exchanging 100,000 shares. Stationery and Office Supplies shed 50 cents to $3.60 after transferring 9,460 units and Tropical Battery lost 6 cents to close at $1.13, exchanging 366,394 shares.
In the preference segment, CAC 2000, 9.5% preference share gained 17 cents to close at $1.14 with an exchange of 4,000 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
