Six weeks high for Junior Market

Junior Market stocks hit their highest point since the second day of October and August 26th when the market index gained 21.49 points to close on Tuesday at 2,561.47, just slightly lower than the 2,564.59 points closing high in July and 2,567.42 at the October high.  
Trading concluded on Tuesday with the market rising after more stocks rose than fell as investors exchanged nine percent more shares than on Monday. The market closed with 30 securities changing hands down from 35 on Monday and ended with the prices of 14 stocks rising, eight declining and eight closed unchanged. The average PE Ratio ended at 12.9 based on ICInsider.com’s forecast of 2020-21 earnings.
Investors exchanged 4,533,956 shares for $12,319,152 compared to 4,145,851 units at $14,021,504 on Monday. Mailpac Group led trading with 28 percent of total volume with 1.27 million shares, followed by Lumber Depot with 21.1 percent for 956,492 units and Lasco Distributors with 14.1 percent or 641,535 shares.
The average trade ended with at 151,132 units at $410,638 in contrast to 118,453 at $400,614 on Monday. For the month to date, the average trade ended with 221,072 units at $624,934, versus 226,820 units at $642,547 on Monday. October ended with an average of 230,868 units at $535,509 trading.
At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows six stocks ended with bids higher than their last selling prices and four with lower offers.
At the close of the market, AMG Packaging gained 6 cents to end at $1.60 with 100 shares traded, Cargo Handlers dropped $1.30 to settle at $6.30 with an exchange of 11,410 stock units, Caribbean Assurance Brokers slipped 1 cent to $1.81 with 124 shares changing hands. Caribbean Flavours increased by 5 cents to close at $1.82 with 55,554 securities changing hands, Caribbean Producers dipped 1 cent to $2.34 with 23,271 stock units passing through the market, Consolidated Bakeries climbed 11 cents to end at $1.46 in an exchange of 5 shares. Derrimon Trading advanced 20 cents to $2.70 with 15 stock units changing hands, Dolphin Cove shed $1 to close at $6 with a transfer of 250 shares, Express Catering jumped 23 cents trading 100 units to finish at $3.74. Fontana gained 13 cents to end at $5.39 with an exchange of 136,602 shares, General Accident climbed 28 cents to $6.48 while exchanging 2,267 stock units, Honey Bun slipped 1 cent to $4.80 with 251,267 units changing hands. iCreate lost  5 cents to close at 60 cents with investors switching ownership of 5,000 shares, Jamaican Teas jumped 50 cents to finish at $6 with 443,012 units passing through the market, ahead of the company shareholders approving a  three for one stock split to take effect on November 30. Knutsford Express advanced 20 cents to $6.80 with an exchange of 100,825 shares, Lasco Distributors traded 641,535 stocks and gained 20 cents to finish at $3.29, Lasco Financial added 4 cents to close at $2.64 with 129,948 units changing hands. Lasco Manufacturing fell 6 cents to $3.99 with a transfer of 8,098 shares. Limners and Bards increased by 1 cent to $2.46 with 17,675 stock units changing hands, Lumber Depot lost 5 cents and exchanged 956,492 stocks to settle at $1.15, Mailpac Group traded 1,267,356 shares and rose 1 cent to close at $2.20 and Medical Disposables advanced 40 cents to finish at $4.67 with 2,000 shares crossing the exchange.

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

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