The Junior Market of the Jamaica Stock Exchange index rose moderately at the close on Tuesday, despite more stocks falling than rising after investors traded 34 percent more shares than on Monday.
Trading ended with 36 securities changing hands compared to 32 on Monday and concluded with the prices of 11 stocks rising, the prices of 16 declining and nine with prices remaining unchanged.
At the close, the Junior Market Index carved out a gain of 9.27 points to settle at 2,533.75. The average PE Ratio ended at 10.9 based on the IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 8,538,074 shares for $11,671,236 compared to 6,359,921 units at $13,064,680 on Monday. GWest Corporation led trading with 55.2 percent of total volume with an exchange of 4.72 million shares, followed by Tropical Battery with 23.5 percent of the day’s trade or 2 million units and Mailpac Group with 417,939 units for 4.9 percent market share.
Trading ended with an average of 237,169 units at $324,201 in contrast to 198,748 at $408,271 on Monday. For the month to date, the average trade ended in an exchange of 639,080 units at $1,161,047, in comparison to 791,382 units at $1,478,168 on Monday. Trading in September resulted in an average of 119,171 units at $249,355.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows four stocks ended with bids higher than their last selling prices and four with lower offers.
At the close of the market, AMG Packaging rose 1 cent to end at $1.80 trading 21,100 shares, Cargo Handlers gained $1.55 to finish at $7.90 with 10 shares changing hands, Caribbean Flavours dipped 8 cents to settle at $18.42 with an exchange of 35,751 shares. Consolidated Bakeries advanced 14 cents to close at $1.49 with 8,000 shares passing through the market, Derrimon Trading lost 6 cents to end at $2.74 with investors transferring 282,694 stocks units, Everything Fresh finished 1 cent higher at 70 cents with an exchange of 26,000 stocks. Fontana added 2 cents to settle at $5.05 with investors switching ownership of 54,716 stock units, Fosrich shed 40 cents to close at $3.35, with 128,000 units changing hands, General Accident climbed 15 cents to end at $6.50 with 22,718 units passing through the market. GWest Corporation gained 12 cents trading 4,715,757 stocks to finish at 90 cents, iCreate slipped 2 cents to close at 73 cents with investors transferring 19,725 shares, Indies Pharma advanced 17 cents to end at $2.85 with an exchange of 168 stock units. Iron Rock Insurance fell 17 cents to settle at $2.88 with 136 units changing hands, ISP Finance rose 10 cents to finish at $15.10 with 1,015 shares traded, Jamaican Teas climbed 43 cents to close at $5.29 with investors switching ownership of 240,317 stock units. 
Jetcon Corporation dropped 12 cents to end at 79 cents in exchanging 11,660 shares, KLE Group slipped 6 cents to settle at $1.36 with 11,000 stocks passing through the market, Knutsford Express shed 40 cents to finish at $6.50 with investors transferring 7,259 shares. Lasco Distributors lost 11 cents to close at $3.02 with 85,835 shares traded, Lasco Financial fell 5 cents to end at $2.05 with 50,176 stocks changing hands, Lasco Manufacturing slipped 1 cent to $3.49 with 36,554 stocks passing through the market. Limners and Bards lost 10 cents to finish at $2.65 with an exchange of 91,002 stocks, Lumber Depot fell 1 cent trading 155,263 stock units to close at $1.09, Mailpac Group gained 2 cents to end at $2 with 417,939 units passing through the market. Main Event dropped 8 cents to settle at $3.30 with an exchange of 2,950 shares, Medical Disposables lost 4 cents to finish at $4.70 with 1,996 units changing hands and Tropical Battery fell 3 cents to settle at $1.05 with 2,003,876 shares crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
