Stocks recorded more gains for a second day, with the market index jumping sharply on the Junior Market of the Jamaica Stock Exchange at the close on Tuesday with more stocks advancing than declining after trading 4 percent fewer shares than on Monday but with values 35 percent higher.
At the close, the Junior Market Index advanced 41.95 points to settle at 2,537.10. The PE Ratio averages 11.4 based on the ICInsider.com forecast of 2020-21 earnings.
Trading ended with 28 securities changing hands compared to 36 on Monday and closed with the prices of 12 stocks rising, eight declining and eight remaining unchanged.
The market closed with an exchange of 7,037,763 shares for $16,944,311 compared to 7,309,294 units at $12,576,887 on Monday. Lasco Financial led trading with 42.2 percent of total volume after an exchange of 2.97 million shares, followed by Lumber Depot with 17 percent for 1.2 million units and Jamaican Teas 8 percent after exchanging 562,787 shares.
Trading ended with an average of 251,349 units at $605,154 in contrast to 203,036 at $349,358 on Monday. For the month to date, the average trade resulted in 224,173 units at $461,269. Trading in October resulted in an average of 230,868 units at $535,509.
At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows four stocks ending with bids higher than their last selling prices and five with lower offers.
At the close of the market, Access Financial advanced $3 to $22, in clearing the market with 1,041 shares, Cargo Handlers shed 85 cents to settle at $6.90, with 1,000 units passing through the market, Caribbean Assurance Brokers lost 2 cents to close at $1.92 trading 29,480 shares. Caribbean Flavours slipped 5 cents to $1.63, in exchanging 106,931 shares, Caribbean Producers settled at $2.25, after losing 5 cents and trading 2,506 units, Derrimon Trading rose 3 cents to $2.81, with 117,645 shares changing hands. Dolphin Cove picked up 1 cent to finish at $7, with 1,707 units changing hands, Express Catering gained 56 cents, in ending at $3.86 after exchanging 50 units, General Accident closed 18 cents higher at $6.20, in transferring 100 units. 
Iron Rock Insurance gained 30 cents to close at $2.80 after trading 46,540 stock units, Jamaican Teas ended at $5.40, with gains of 35 cents with 562,787 shares clearing the market, Knutsford Express lost 5 cents to settle at $6.80, with 5,557 units crossing the exchange. Lasco Distributors closed 1 cent lower at $2.99 trading 63,438 shares, Lasco Financial gained 29 cents to end at $2.68, with 2,972,626 shares trading, Limners and Bards lost 1 cent to $2.51 after clearing the market with 41,500 stock units. Lumber Depot picked up 14 cents in closing at $1.44, in exchanging 1,196,824 shares, Mailpac Group gained 2 cents to settle at $2, with 369,390 shares changing hands, SSL Venture Capital ended 8 cents higher at 67 cents trading 449,884 shares. Stationery and Office Supplies shed 25 cents to close at $4.55 after exchanging 397,818 shares and Tropical Battery rose 6 cents to close at $1.22, with 297,149 shares crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
