Strong weekly gains for Junior Market

The Junior Market closed another week of solid performance as the market index rose 35.39 points to close at 2,642.81 on Thursday to be up 168 points for the shortened week and recovered 69 percent of the losses suffered to the low point reached in March.

Junior Market recovers 69% from March low.

The Junior Market lost one more listing with Key Insurance migrating to the Main Market at the opening of the market. At the close of market activities, 30 securities changed hands with the prices of 11 securities advancing, 9 stocks declining and 10 remaining unchanged.
Trading concluded with an exchange of 10,755,502 units valued at $28,037,452 compared to 4,472,513 units valued at $17,780,064 from 37 securities on Wednesday. The average PE ratio of the Junior Market ended at 9.6 based on 2020/21 earnings.
Trading ended with an average of 358,517 units at $934,582 for each security traded in contrast to 120,879 units for an average of $480,542 on Wednesday. The average volume and value for the month to date amounts to 328,750 units valued at $742,729 and previously 323,527 units valued at $720,825. In contrast, March closed with an average of 226,230 units, valued at $542,563 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows two stocks ended with bids higher than their last selling prices and five with lower offers.
At the close of the market, AMG Packaging traded just one stock unit and gained 24 cents to settle at $1.88, Blue Power exchanged 2,000 shares to close at $4.22 after falling 11 cents, Caribbean Assurance Brokers traded 1,538,738 shares and rose 6 cents to close at $2.25. Caribbean Cream finished 34 cents higher at $2.84 with 5,442 stock units trading, Caribbean Producers exchanged 351,893 shares after rising 10 cents to end at $3, Derrimon Trading closed with a loss of 26 cents at $1.61 with 63,370 shares changing hands, Elite Diagnostic lost 22 cents in trading 58,157 shares to close at $4.75. Express Catering climbed 80 cents and exchanged 66,628 shares at $4.50, Fontana declined 32 cents in trading of 211,346 units to close at $6.03, Honey Bun rose 68 cents and traded 13,133 shares at $6.63. iCreate closed trading of 8,975 units and gained 2 cents to end at 58 cents, Indies Pharma lost 28 cents in trading 39,989 stock units to settle at $2.60, Iron Rock Insurance exchanged 55,000 shares and added 1 cent to end at $3. Jetcon Corporation dipped 7 cents in trading 3,031 units at $1.09, Knutsford Express lost 70 cents in trading 1,002 shares to close at $8.30. Lasco Manufacturing climbed 5 cents and exchanged 208,750 shares at $4.28, Limners and Bards fell 11 cents to $2 with 81,159 units crossing the market, MailPac closed trading of 5,207,096 units and gained 3 cents to end at $1.78 and Main Event closed with a loss of 19 cents at $4.81 with 51,109 shares crossing the exchange.
In the Junior Market preference segment, Derrimon Trading closed 25 cents higher at $1.65, with 48,235 stock units trading,

Prices of securities trading are those for the day’s last transaction unless otherwise stated.