Slippage for Junior Market to end week

In early trading, stocks put on 19 points within 30 minutes of the Jamaica Stock Exchange Junior Market on Friday, but the market pulled back towards the close and ended with a small loss but closed out the week just ahead of the close for 2020.
Trading ended with 33 securities changing hands compared to 36 on Thursday and ended with the prices of eight stocks rising, 17 falling and eight closed unchanged.
At the close, the Junior Market Index fell 14.93 points to finish at 2,645.45. The average PE Ratio ended at 14.1 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 88 percent more shares than Thursday after 6,980,827 shares crossed the exchange for $15,826,363, up from 3,708,908 units at $9,028,138 on Thursday.
Mailpac Group led trading with 30.5 percent of total volume, accounting for 2.13 million shares, followed by Derrimon Trading with 22.7 percent with an exchange of 1.58 million units and iCreate 17.4 percent with 1.21 million stock units.
Trading averaged 211,540 units at $479,587 compared to 103,025 at $250,782 on Thursday. Trading month to date averaged 139,108 units at $323,815, versus 121,661 units at $286,293 on Thursday. December closed with an average of 263,428 units at $638,694.
Investor’s Choice bid-offer indicator shows no stock ended with bids higher than the last selling prices and four ended with lower offers.
At the close of the market, Blue Power dropped 45 cents to $2.81 with the trading of 9,628 stocks, CAC 2000 shed $2.35 to end at $10.65 as 14,031 units changed hands. Cargo Handlers 40 cents to $8 with a transfer of 8,000 stock units, Caribbean Flavours rose 8 cents to $1.68 with 371 units trading, Caribbean Producers rose 5 cents to end at $2.80 with 27,224 shares traded, Dolphin Cove jumped $2 to $11 trading 35,208 units, Elite Diagnostic dropped 28 cents to finish at $2.71 with an exchange of 10,055 shares. Express Catering fell 27 cents to  $3.47 with 115,000 stock units passing through the market, Fontana rose 29 cents to $5.75 with 61,978 stocks changing hands, Fosrich shed 42 cents to end at $3.98 with a transfer of 62,301 units. Honey Bun slipped 5 cents to $5.60 with 10,279 shares traded, Indies Pharma dipped 9 cents to $2.61 with an exchange of 25,446 stocks, Lasco Manufacturing rose 5 cents to $3.90 with investors swapping 1,649 shares. Mailpac Group traded 2,130,888 units and declined 7 cents to close at $2.88 and Stationery and Office Supplies advanced 27 cents to $4.52 with 193,963 stocks changing hands.

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

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