Trading closed on Tuesday, with the market rising after advancing stocks outnumbered declining ones as 65 percent fewer shares were exchanged valued 63 percent lower than on Monday, on the Junior Market of the Jamaica Stock Exchange.
Trading closed with 39 active securities up from 37 on Monday with prices of 21 stocks rising, nine declining and nine remaining unchanged.
The Junior Market Index carved out a rise of 4.33 points to close at 2,903.78. The average PE Ratio ended at 16.7 based on ICInsider.com’s forecast of 2020-21 earnings.
Investors traded 6,903,680 shares for $18,593,058 compared to 19,450,213 units at $50,663,938 on Monday. Lumber Depot led trading with 24.9 percent of total volume, after exchanging 1.72 million shares, followed by Jamaican Teas with 19.1 percent for 1.32 million units and Derrimon Trading with 9 percent of the day’s trade for 622,784 units.
Trading averaged 177,017 units at $476,745, versus 525,681 at $1,369,296 on Monday. Trading month to date averaged 254,177 units at $702,557, compared to 267,918 units at $742,771 on Monday. February closed with an average of 365,365 units at $881,118.
Investor’s Choice bid-offer indicator reading shows one stock ending with the bid higher than the last selling price and three with lower offers.
At the close, Blue Power rose 60 cents to $4.10 with 231,056 units changing hands, Caribbean Assurance Brokers gained 36 cents to finish at $2.20 trading 307,655 stocks, Caribbean Producers closed 17 cents higher at $3.23 after exchanging 55,771 shares. Consolidated Bakeries picked up 17 cents to settle at $1.49 with 1,466 units crossing the market, Derrimon Trading rose 5 cents to $2.57 with a transfer of 622,784 stock units, Fosrich rose 15 cents to $5.30 with 81,881 shares crossing the exchange, Honey Bun gained 8 cents to close at $5.10 trading 17,263 stocks. iCreate ended 5 cents higher at 79 cents in swapping 110,000 shares, Indies Pharma lost 15 cents to close at $3.30 with an exchange of 192,075 units. Iron Rock Insurance rose 32 cents in closing at $3.30 in transferring 1,500 shares, Jetcon Corporation picked up 9 cents to close at 79 cents, with an exchange of 2,200 shares, Knutsford Express rose 27 cents to $6.18, with 3,600 stocks changing hands, Lasco Distributors gained 9 cents in closing at $3.74 with the clearing of 8,896 stocks. 
Lasco Manufacturing rose 5 cents to $4.40 in an exchange of 38,079 shares, Limners and Bards lost 10 cents in ending at $2.50 with the swapping of 365,960 units, Lumber Depot shed 17 cents to close at $2.53 in a switch of ownership of 1,715,865 stock units. Main Event rose 13 cents to $3.48 trading 1,000 units, Medical Disposables shed 36 cents to end at $4.13 with the swapping of 20,000 stock units. Paramount Trading gained 13 cents in closing at $1.45 in trading 52,175 shares, Stationery and Office Supplies advanced 97 cents to $5.59 with an exchange of 22,030 stock units and tTech rose 33 cents to end at $4.75 with 1,500 shares changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
