Trading on the Junior Market of the Jamaica Stock Exchange ended trading on Friday with a sharp 75.10 points rebound in the market index to close at 2,962.20 as 36 securities changing hands up from 30 on Thursday.
At the close of market activities, the prices of 13 securities advanced, 15 declined and 8 remained unchanged, as 3,086,816 units traded for $7,108,119 compared to 1,829,296 units at $5,404,058 on Thursday.
Trading ended with an average of 85,745 units at $197,448 for each security traded, in contrast to 60,977 units for an average of $180,135 on Thursday. The average volume and value for the month to date amounts to units 129,380 valued at $711,226 and previously 135,445 units valued at $395,381. In contrast, January closed with an average of 137,619 units valued at $521,935 for each security traded.
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 one with a lower offer. The average PE ratio for the Junior Market ended at 13.4 based on 2019 earnings.
At the close of the market, Access Financial lost 3 cents in trading 232 shares at $28.97, AMG Packaging closed with a loss of 8 cents at $1.90, after swapping of 29,885 shares, Caribbean Producers climbed 30 cents and exchanged 13,364 shares at $4.8, Derrimon Trading closed with 414,288 units changing hands and gaining 17 cents to end at $2.05. Elite Diagnostic fell by 2 cents trading 91,879 units to end at $4, Everything Fresh dipped 4 cents with 389,084 units crossing the exchange at a new low of 91 cents, Express Catering lost 30 cents to close at $5.50, after exchanging 12,570 units. Fontana shed 1 cent to close at $6.54, with 126,314 stock units changing hands, Fosrich fell 12 cents, trading of 6,149 units to settle at $3.84. General Accident closed 20 cents higher at $6.20, with 1,599 stock units trading, Honey Bun lost 4 cents with 15,847 units crossing the market to end at $7.15, Indies Pharma traded 2,214 stock units and closed 25 cents higher at $2.70. Jamaican Teas closed at $6.10, with a loss of 17 cents after swapping 40,926 shares, Jetcon Corporation ended at $1.39, after rising 17 cents and exchanging 4,000 stock units, Key Insurance closed trading of 10,000 units at $3.20, after gaining 30 cents, Knutsford Express climbed 15 cents to $9.45 and exchanged 400 shares. Lasco Financial closed trading of 400 units and gained 65 cents to end at $3.75, Lasco Manufacturing climbed 8 cents to $4.28, with a mere 200 units traded, 
Limners and Bards declined by 2 cents in trading 37,504 units at $2.67, Lumber Depot ended trading with 21,598 shares, after rising 3 cents to $1.50. Mailpac Group rose 12 cents to $2.10, with an exchange of 1,431,635 shares, Medical Disposables slid $1.40 to $5 in trading of 10,000 units, Paramount Trading closed with a loss of 3 cents at $1.47, in swapping of 19,000 shares. SSL Venture ended trading with 14,700 shares at $1.10, after rising 5 cents and Stationery and Office Supplies ended with a loss of $1 to settle at $8, with 7,376 stock units changing hands.
In the junior market preference segment, CAC 2000 ended with an exchange of 15,400 shares to close at 90 cents after falling 13 cents and Paramount Trading shed 5 cents to end at $2, trading 250,000 units.
Prices of securities trading are those at which the last trade took place.
Junior Market at 2 year low
Trading on the Junior Market of the Jamaica Stock Exchange finished on Thursday with the index declining by 34.22 points to close at 2,887.10, the lowest level since March 2018, The IC bid-offer Indicator suggests that the market could enjoy a bounce on Friday. 
Market activity resulted in 30 securities changing hands, in an exchange of 1,829,296 units valued at $5,404,058 compared to 2,930,240 units valued at $10,568,242 from 33 securities trading on Wednesday.
At the close, the prices of 10 securities advanced, 13 declined and 7 remained unchanged. The Junior Market average PE ratio ended at 13 times 2019 earnings.
Trading ended with an average of 60,977 units for an average of $180,135 in contrast to 88,795 units for an average of $320,250 on Wednesday. The average volume and value for the month to date amounts to 135,408 units valued at $395,381 and previously 145,201 units valued at $423,579. In contrast, January closed with an average of 137,619 units valued at $521,935 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows eight stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close of the market, Access Financial recovered $3.02 of its recent loss, to end at $29, trading 5,335 shares, CAC 2000 declined 50 cents in trading 900 units at $12.50, Caribbean Cream lost 14 cents to settle at $3.35 exchanging 1,781 units, Caribbean Producers gained 1 cent to end at $4.50 trading 76,200 shares. Consolidated Bakeries closed 10 cents higher at $1.75, with 1,572 stock units trading, Derrimon Trading closed with a loss of 5 cents at $1.88, in switching ownership of 168,100 shares, Elite Diagnostic exchanged 6,579 units and gained 1 cent to end at $4.02. Express Catering ended 80 cents higher at $5.80, with 4,937 stock units changing hands, Fosrich closed 51 cents higher at $3.96, with 2,000 stock units trading, iCreate lost 2 cents to close at 73 cents, in swapping 70,262 shares. Indies Pharma declined by 15 cents to settle at a 52 weeks’ low of $2.45 after trading 359,866 shares, Jamaican Teas climbed 27 cents and exchanged 115,340 shares at $6.27, Jetcon Corporation ended market activity trading 44,900 shares to close at $1.22 after falling 3 cents. 
Knutsford Express traded 15,215 shares at $9.30, after rising 28 cents, Lasco Financial shed 40 cents in trading of 79,147 units at 52 weeks’ low of $3.10, Lasco Manufacturing ended with 49,002 shares, after rising 25 cents to $4.20, Limners and Bards closed with a loss of 3 cents at $2.69, in swapping of 17,553 shares. Lumber Depot declined by 3 cents to settle at $1.47, with 362,084 shares changing hands, MailPac closed with a loss of 2 cents at $1.98, after swapping 131,878 shares, Main Event ended trading with 18,133 shares, after rising 15 cents to $5.95. Paramount Trading exchanged 62,262 shares to close at $1.50 after falling 21 cents, Stationery and Office Supplies fell 15 cents in trading of 49,581 units at $9 and tTech closed with a loss of 50 cents at $5, in swapping of 9,589 shares.
Prices of securities trading are those at which the last trade took place.
JSE Junior Market at 20 months’ low
With the value of the units traded down 52 percent from Tuesday’s level, the Junior Market Index declined by another 30.51 points to close at 2,921.32, the lowest point since May 2018 and is down 20 percent from the peak in Mid-August last year as three securities close at 52 weeks’ lows.
At the close of market activities on Wednesday, the prices of 9 securities advanced, 19 declined and 5 remained unchanged as 33 securities changed hands, resulting in an exchange of 2,930,240 units valued at $10,568,242 compared to 7,793,044 units valued at $20,336,108 from 29 securities trading on Tuesday.
Trading ended with an average of 88,795 units at $320,250 for each security traded in contrast to 268,726 units at $701,245 for each security traded on Tuesday. The average volume and value for the month to date amounts to 145,201 units valued at $423,579 and previously 154,689 units valued at $440,976. In contrast, January closed with 137,619 units valued at $521,935 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows six stocks ended with bids higher than their last selling prices and five with lower offers. The average PE ratio of the market ended at 13 times 2019 earnings.
At the close of the market, Access Financial gained 98 cents to end at $25.98 with an exchange of 7,140 shares, Blue Power closed trading of 20,835 units and gained 1 cent to end at $4, Caribbean Cream swapped 15,100 shares, after rising 14 cents to end at $3.49. 
CAC 2000 ended at $13 after losing 50 cents with 16,949 shares traded, Derrimon Trading closed 5 cents higher at $1.93 with 109,232 stock units changed hands, Dolphin Cove ended with a loss of 30 cents at $10, in swapping 9,720 shares. Everything Fresh closed market activity exchanging 23,026 shares to close at 95 cents after falling 9 cents, Express Catering declined by 80 cents in trading of 93,252 units to close at a 52 weeks’ low of $5. Fontana ended the day with 441,319 shares exchanged, after rising 5 cents to $6.55, Fosrich closed with a loss of 52 cents at $3.45, in the transferring 112,257 shares. GWest Corporation traded 20,108 shares and declined by 9 cents to settle at $1, Honey Bun ended with a loss of 1 cent at $7.19 with 32,058 stock units changing hands, iCreate closed trading of 11,500 units and gained 2 cents to end at 75 cents. Indies Pharma fell 27 cents to settle at a 52 weeks’ low of $2.60 with an exchange of 49,568 shares, Iron Rock Insurance lost 5 cents trading 37,309 shares to close at $3.35, Jamaican Teas swapped 83,624 shares at $6 after shedding 28 cents. Jetcon Corporation closed trading of 89,849 units and gained 4 cents to end at $1.25, Key Insurance shed 24 cents in exchanging 23,150 units at $2.90,
Knutsford Express lost 88 cents to end at $9.02 with 7,450 units traded. Lasco Distributors closed trading of 85,482 units and gained 5 cents to end at $3.10, Lasco Financial fell 6 cents to settle at 52 weeks’ low of $3.50 with 182,375 units changing hands, Lasco Manufacturing lost 35 cents trading 121,500 units at $3.95. Limners and Bards lost 16 cents in exchanging 57,010 shares to close at $2.72, MailPac closed 2 cents higher at $2 with 417,777 stock units changing hands, Main Event lost 60 cents trading 2,093 shares to close at $5.80. Medical Disposables dipped 5 cents to $6.40 with 114,924 units changing hands, SSL Venture dropped 5 cents swapping 11,530 units at $1.05, Stationery and Office Supplies closed with a loss of 15 cents at $9.15 with 18,614 shares crossing the exchange.
Prices of securities trading for the day are those at which the last trade took place.
4 Junior Market stocks hit 1 year low
Four stocks hit 52 weeks’ low on the Junior Market on Tuesday and helped to drive the market index down 42.86 points to close at 2,951.83 as trading picked up over Monday’s levels, leading to gains in the prices of 14 securities, fall of 13, with two remaining unchanged.
Trading ended with 29 securities changing hands, resulting in an exchange of 7,793,044 units valued at $20,336,107.93 compared to 5,323,805 units valued at $16,300,544.45 from 33 securities on Monday.
Trading ended with an average of 268,726 units at $701,245 for each security traded in contrast to 161,327 units for an average of $493,956 on Monday. The average volume and value for the month to date amounts to 154,698 units for $440,976 and previously 134,897 units valued at $395,780. In contrast, January closed with 137,619 units valued at $521,935 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows just three stocks ended with bids higher than their last selling prices and ten with lower offers. The average PE ratio for the market ended at 12.7 times, 2019 earnings.
At the close of the market, Access Financial dropped $4 to settle at a 52 weeks’ low of $25, AMG Packaging closed 1 cent higher at $1.98, with 27,500 stock units trading, Blue Power rose 19 cents and exchanged 1,100 shares at $3.99. Cargo Handlers swapped 3,821 units at $7.95 to end the day 5 cents lower, Caribbean Cream shed 30 cents in the exchange of 25,800 units at $3.35, Caribbean Producers lost 10 cents trading 25,951 shares to close at $4.49. Derrimon Trading fell 18 cents to end at a 52 weeks’ low of $1.88 with 69,214 shares crossing the exchange, Elite Diagnostic fell 14 cents trading 22,378 units at $4.01, Express Catering closed with 18,836 units changing hands and gained 20 cents to end at $5.80. Fosrich settled at $3.97 after rising 27 cents in swapping 39,512 units, General Accident climbed 50 cents and exchanged 198,931 shares at $6, GWest Corporation ended with a loss of 1 cent at $1.09 with 22,094 stock units changing hands. Indies Pharma added 2 cents in exchanging 101,125 shares at $2.87, Jamaican Teas inched 1 cent higher to $6.28, with 234,743 stock units trading, Jetcon Corporation fell 29 cents in trading of 242,986 units at a 52 weeks’ low of $1.21. 
Key Insurance ended trading with an exchange of 3,850 shares to close at $3.14 after falling 11 cents, Knutsford Express shed 10 cents trading of 3,396 units at $9.90, Lasco Distributors closed 5 cents higher at $3.05, with 1,422,899 stock units trading. Lasco Financial dipped 44 cents in exchanging 45,322 units at $3.56, Lasco Manufacturing closed 30 cents higher at $4.30, with 277,235 stock units changing hands, Limners and Bards ended trading with 88,513 shares, after rising 15 cents to end at $2.88. Lumber Depot fell 2 cents in the swapping of 1,215,564 units at $1.50, MailPac dropped 8 cents in trading of 3,457,930 units at $1.98, Main Event closed 60 cents higher at $6.40, with 3,395 stock units trading. Medical Disposables traded 10,000 units and gained 15 cents to end at $6.45 and Stationery and Office Supplies climbed 30 cents and exchanged 29,938 shares at $9.30. CAC 2000 9.5% preference share fell 17 cents in trading of 49,621 units to close at $1.03.
Prices of securities trading for the day are those at which the last trade took place.
Junior market steadies on Monday
The Junior Market of the Jamaica Stock Exchange index gained just 5.80 points to end Monday’s trading activities at 2,994.69 as the volume and value of trading slipped versus Friday’s levels.
Trading concluded on Monday with 33 securities changing hands, resulting in an exchange of 5,323,805 units valued at $16,300,544 compared to 7,192,523 units valued at $17,864,788 from 33 securities on Friday. At the close of market activities, the prices of 11 securities advanced, 13 declined and 9 remained unchanged. The average PE ratio for the juniors closed at 12.8 times 2019 earnings.
The trading day ended with an average of 161,327 units for $493,956 for each security traded in contrast to 217,955 units for an average of $541,357 on Friday. The average volume and value for the month to date amounts to 134,897 units valued at $395,780 and previously 128,387 units valued at $371,602. In contrast, January closed with 137,619 units valued at $521,935 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows eight stocks ended with bids higher than their last selling prices and five with lower offers.
At the close of the market, AMG Packaging exchanged 30,000 shares to end at $1.97 after falling 3 cents, Blue Power closed trading of 9,865 units and gained 14 cents to settle at $3.80, Cargo Handlers lost 17 cents in swapping 913 shares to close at $8. Caribbean Producers declined 21 cents to settle at $4.59 after 88,719, Consolidated Bakeries ended trading with 17,478 shares, after rising 2 cents to close at $1.65, Derrimon Trading gained 1 cent to finish at $2.06, exchanging 35,222 shares. Dolphin Cove climbed 40 cents and exchanged 100 shares at $10.30, Everything Fresh closed 4 cents higher at $1.04, with 311,182 stock units trading, Express Catering fell 25 cents to $5.60 with 12,000 shares changing hands. Fontana closed trading of 281,324 units and gained 25 cents to end at $6.50, Fosrich dipped 25 cents in exchanging 10,104 units at $3.70, General Accident shed 50 cents in trading 11,991 units at $5.50. Honey Bun ended with an exchange5,149 shares, after rising 20 cents to settle at $7.20, iCreate dropped 1 cent to finish at 73 cents 13,700 stock units changing hands, 
Indies Pharma declined 10 cents in trading of 69,000 units at $2.85. Iron Rock Insurance shed 5 cents in the swapping 141,717 units at $3.40, Jamaican Teas lost 8 cents trading 74,943 shares to end at $6.27, Key Insurance closed trading of 21,000 units and gained 10 cents to rest at $3.25. Lasco Distributors finished market activity exchanging 208,659 shares to close at $3 after falling 2 cents, Lasco Financial ended trading 118,707 units and gained 30 cents to settle at $4, Lasco Manufacturing lost 5 cents to settle at $4 with 1,283,815 units crossing the exchange. Limners and Bards ended trading with 44,140 shares, after rising 1 cent to close at $2.73, Lumber Depot finished with a loss of 1 cent at $1.52 with 1,090,903 stock units changing hands and MailPac closed trading of 1,193,264 units and gained 5 cents to end at $2.06.
2 weeks of Junior Market fall broken
The Junior Market broke the unbroken 5 days losing run 13 days of decline with just one day with gains in between before Friday’s gains that saw the market index advancing 34.92 points to close at 2,988.89.
Trading on the Junior Market of the Jamaica Stock Exchange ended on Friday with 33 securities changing hands, resulting in an exchange of 7,192,523 units valued at $17,864,788 compared to 2,099,024 units valued at $7,953,736 from an exchange of 34 stocks on Thursday.
At the close of market activities, the prices of 15 securities advanced, 4 declined and 14 remained unchanged. The average PE ratio closed at 12.9 on Friday.
Trading ended with an average of 217,955 units for an average of $541,357 in contrast to 61,736 units for an average of $233,933 on Thursday. The average volume and value for the month to date amounts to units 128,387 valued at $371,602 and previously 127,778 units valued at $296,606. In contrast, January closed with an average of 137,619 units valued at $521,935 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 4 stocks ended with bids higher than their last selling prices and 8 with lower offers.
At the close of the market, Access Financial shed 3 cents in trading of 2,616 units to close at $29, Blue Power closed trading of 4,450 units and gained 11 cents to end at $3.66, Cargo Handlers climbed 17 cents and exchanged 1,100 shares at $8.17. Derrimon Trading closed with a loss of 14 cents at $2.05, swapping of 1,500 shares, Elite Diagnostic added 10 cents to finish at $4.15 after trading 109,192 shares, Everything Fresh lost 3 cents in trading 283,556 shares to close at $1. Express Catering gained 25 cents to settle at $5.85, with 500 shares changing hands, Fosrich rose 15 cents and exchanged 47,450 shares at $3.95, Fontana shed 30 cents trading 346,323 units, to close at $6.25. 
GWest Corporation swapped 100 units and gained 9 cents to end at $1.10, Honey Bun climbed 1 cent in exchanging 20,562 shares to end at $7, iCreate climbed 2 cents and traded 18,000 shares at 74 cents, Indies Pharma gained 10 cents with 46,501 shares changing hands at $2.95. Key Insurance shed 25 cents in trading of 100 units at $3.15, Lasco Financial added 5 cents with an exchange of 9,600 shares at $3.70, Lasco Manufacturing ended trading with 883,087 shares, after rising 10 cents to end at $4.05. Limners and Bards climbed 31 cents and exchanged 158,018 shares at $2.72, Lumber Depot closed trading of 712,522 units and gained 1 cent to end at $1.53, MailPac gained 1 cent to end at $2.01, after 857,836 shares changed hands and Paramount Trading climbed 21 cents and exchanged 3,282,300 shares at $1.71.
Prices of securities trading for the day are those at which the last trade took place.
Junior Market down 12% for 2019
The Junior Market lost more grounds at the close on Thursday as the market index declined by 43.06 points to end at 2,953.97 and landing the market with an 11.8 percent fall for the year to date and 19.4 percent since the peak in August last year.
Trading ended with 34 securities changing hands the same as on Wednesday, resulting in an exchange of 2,099,024 units for $7,953,736, compared to 3,482,018 units valued at $11,901,548 on Wednesday.
At the close, the prices of 11 securities advanced, 16 declined and 7 remained unchanged. The average PE Ratio for Junior Market stocks ended 12.2 times 2019 earnings.
Trading ended with an average of 61,736 units for an average of $233,933 in contrast to 102,412 units for $350,046 for each security traded on Wednesday. The average volume and value for the month to date amounts to 127,778 units valued at $296,606 and previously 111,408 units valued at $318,574. In contrast, January closed with an average of 137,619 units valued at $521,935 for each security traded
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows seven stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close of the market, Access Financial lost $1.28 in trading 8,829 shares to close at $29.03, AMG Packaging fell 5 cents, exchanging 1,000 shares to close at $2. Blue Power declined by 15 cents to settle at $3.55 with 41,385 shares crossing the market after the stock traded at an intraday low of $3.29, Caribbean Cream closed 30 cents higher to end at $3.65, with 1,330 units changing hands. Derrimon Trading closed 16 cents higher at $2.19, after hitting an intraday low of $1.88 with 63,837 stock units traded, Elite Diagnostic gained 2 cents to finish at $4.05, in trading 26,549 stock units, Everything Fresh ended trading 106,378 shares at $1.03, after rising 3 cents. Express Catering declined 20 cents in exchanging 60,400 units at $5.60, Fontana climbed 15 cents to settle at $6.55 with 118,764 shares changing hands, Fosrich closed trading of 9,071 units and lost 20 cents to end at $3.80 after hitting an intraday low of $3.21. General Accident shed 50 cents in trading 9,068 shares to close at $6, GWest Corporation closed trading of 14,959 units and lost 9 cents to end at $1.01, Honey Bun ended market activity exchanging 11,413 shares to close at $6.99 after rising 43 cents. iCreate settled at 72 cents with a gain of 5 cents in the swapping 14,066 units, Indies Pharma closed trading of 54,675 units and lost 5 cents to end at $2.85, Jamaican Teas gained 35 cents to close at $6.35 in the swapping 43,984 shares. 
Jetcon Corporation rose by 8 cents in trading of 345 units at $1.50, Key Insurance closed 20 cents higher at $3.40, with 75,721 units trading, Knutsford Express fell 50 cents to close at $10 with 2,501 units crossing the exchange. Lasco Distributors ended with a loss of 1 cent at $3.02, with 78,081 units changing hands, Lasco Financial ended trading with 28,706 shares, after declining 6 cents to end at $3.65. Limners and Bards lost 20 cents to end the day at $2.41 with 115,393 shares traded, Main Event closed 30 cents lower at $5.80, with 11,381 stock units trading. Paramount Trading lost 30 cents in trading 21,563 units at $1.50, SSL Venture exchanged 31,675 units and gained 8 cents to settle at $1.10 and Stationery and Office Supplies declined 75 cents to end at $9 with 9,107 shares changing hands.
In the Junior Market preference segment, Derrimon Trading lost 30 cents in trading of 6,818 units at a 52 weeks’ low of $1.50.
Prices of securities trading for the day are those at which the last trade took place.
JSE Junior Market down 10.5% for 2020
The Junior Market index slumped to 2,997.03 after shedding another 22.16 points to end market activity on Wednesday and moving the market back to the levels of May last year.
At the close of the market, the index is down 10.5 percent for 2020 to date and 18.2 percent since it peaked in August 2019.
Trading ended with 34 securities changing hands, resulting in the prices of 10 stocks advancing, 13 declining and 11 remaining unchanged.
At the close of trading 3,482,018 units valued at $11,901,548 crossed the exchange, compared to 4,430,356 units valued at $12,074,628 on from 33 securities Tuesday. The average PE Ratio for Junior Market stocks declined to 12.3 times, 2019 earnings.
Trading ended with an average of 102,412 units at $350,046 in contrast to 134,253 units for $365,898 for each security traded on Tuesday. The average volume and value for the month to date amounts to 1111,408 units valued at $318,574 and previously 116,262units valued at $301,590. In contrast, January closed with an average of 137,619 units valued at $521,935 for each security traded
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows six stocks ended with bids higher than their last selling prices and two with lower offers.
At the close of the market, Blue Power climbed 20 cents in exchanging 19,694 shares at $3.70, Caribbean Cream dipped 35 cents in trading of 5,800 units at a 52 weeks’ low of $3.35, Cargo Handlers declined by 25 cents to settle at $8 with an exchange of 5,666 shares. Derrimon Trading ended the day with 57,595 shares changing hands after rising 3 cents to end at $2.03, Dolphin Cove closed 10 cents higher at $9.90, with 1,279 stock units traded, Elite Diagnostic fell 27 cents in trading of 48,099 units at $4.03. Everything Fresh declined 7 cents, swapping 217,903 units at $1, Fontana declined by 2 cents to settle at $6.40 with 110,646 shares changing hands, Fosrich closed trading of 8,000 units and gained 10 cents to end at $4. General Accident climbed 50 cents and exchanged 400 shares at $6.50, GWest Corporation closed trading of 5,000 units and gained 4 cents to end at $1.10, Honey Bun ended market activity exchanging 4,007 shares to close at $6.56 after falling 44 cents. iCreate settled at 52 weeks’ low of 67 cents after shedding 3 cents in the swapping of 37,619, Indies Pharma closed trading of 98,212 units and gained 4 cents to end at $2.90, Jamaican Teas ended the day with a loss of 35 cents at $6 in the swapping of 108,780 shares. 
Jetcon Corporation dropped 3 cents trading of 6,000 units at $1.42, Knutsford Express fell $1.50 to close at $10.50 with 6,655 units crossing the exchange, Lasco Financial ended trading with 35,602 shares, after rising 1 cent to end at $3.71. The Limners and Bards gained 11 cents to end the day at $2.61 with 36,617 shares traded, Lumber Depot ended market activity exchanging 544,386 shares to close at $1.52 after falling 3 cents, Main Event closed 30 cents higher at $6.10, with 100 stock units trading. Mailpac Group fell 10 cents in exchanging 567,179 units at $2, Medical Disposables closed with a loss of $1.30 to finish at $6.30 in the swapping of 2,300 shares and Stationery and Office Supplies climbed 5 cents to end at $9.75 with 11,000 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place.
Junior Market back to mid-2018 levels
Declining stocks on the Junior Market Index exceeded advancing ones, two to one and led to a decline of 47.48 points in the index, to close at 3,019.19 on Tuesday, the lowest level not seen since July 2018. Tuesday’s fall dragged the market down 18 percent since peaking in August 2019 and 9.8 percent since the start of 2019.
Market activity ended with 33 securities changing hands, with the prices of nine advancing, 18 declining and five remaining unchanged. Trading resulted in an exchange of 4,430,356 units valued at $12,074,628 compared to 2,894,161 units valued at $6,925,513 on Monday. The average PE Ratio for the Junior Market stocks declined to 12.8 times, 2019 earnings.
Trading closed with an average of 134,253 units for $365,898 for each security traded in contrast to 96,472 units for an average of $230,850. The average volume and value for the month to date amounts to units 116,262 valued at $301,590. In contrast, January closed with an average of 137,619 units valued at $521,935 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows five stocks ended with bids higher than their last selling prices and three with lower offers.
At the close of the market, Access Financial shed $5.69 in trading of 2,159 units at $30.31, 
Blue Power lost 50 cents with an exchange of 35,000 units to settle at $3.50, Caribbean Cream declined by 30 cents to close at $3.70 after trading 11,353 shares. Caribbean Producers ended with a loss of 1 cent at $4.80 with 9,662 stock units changing hands, Consolidated Bakeries finished the day exchanging 5,000 shares to close at $1.63 after falling 12 cents, Elite Diagnostic lost 15 cents in trading 491 units to close at $4.30. Everything Fresh ended the market activity with 23,773 shares crossing the exchange after rising 2 cents to end at $1.07, Express Catering lost 20 cents in trading of 17,406 units at $5.80, Fontana declined by 19 cents in swapping 88,897 units at $6.60. Fosrich dipped 30 cents in trading of 41,947 shares at $3.90, GWest Corporation closed trading of 7,000 units and gained 4 cents to end at $1.06, Honey Bun ended the day at $7 after rising 2 cents and trading 41,620 stock units. iCreate declined by 2 cents to settle at 70 cents with an exchange of 16,000 shares, Indies Pharma shed 5 cents in trading of 3,362 units at $2.86, Jamaican Teas declined by 15 cents trading 279,028 units at $6.35. Key Insurance lost 48 cents in exchanging 34,284 shares to close at $3.20, KLE Group shed 26 cents after swapping 4,931 at $2.04, Knutsford Express gained $1.12 to end at $12, after trading 35,702 shares. Lasco Distributors added 1 cent and exchanged 3,820 shares at $3.03, Lasco Financial gained 5 cents to finish at $3.70 with 142,546 crossing the exchange, 
Lasco Manufacturing ended with a loss of 1 cent at $3.95 with 51,170 stock units changing hands. Limners and Bards lost 40 cents in trading of 744,674 units at $2.50, Lumber Depot climbed 4 cents and exchanged 975,842 shares at $1.55, MailPac ended trading with 1,618,642 shares, after rising 10 cents to end at $2.10. Main Event lost 30 cents in exchanging 7,283 shares to close at $5.80, Medical Disposables ended with 14,571 shares changing hands, after rising 10 cents to end at $7.60, Paramount Trading climbed 25 cents and exchanged 2,530 shares at $1.80 and Stationery and Office Supplies ended market activity with 18,500 shares to close at $9.70 after falling 29 cents.
Prices of securities trading for the day are those at which the last trade took place.
16% correction for JSE Junior Market
The Junior Market closed with a loss of 22.10 points to 3066.67 on Monday and resulting in a wipeout 16 percent of its value since August 2019 when it hit an all-time high of 3,662.94 on August 14, last year and down 8.4 percent since the start of 2010.
The decline left the market price-earnings ratio at 13.1 based on 2019 earnings.
The market settled with 30 securities changing hands, resulting in the prices of 9 securities advanced, 14 declined and 7 remained unchanged. Market activity, ended with an exchange of 2,894,161 units valued at $6,925,513 compared to 2,050,342 units valued at $12,142,583 from 38 companies on Friday.
Trading ended with an average of 96,472 units for an average of $230,850 in contrast to 53,956 units for an average of $319,542 on Friday. January closed with an average of 137,619 units valued at $521,935 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows five stocks ended with bids higher than their last selling prices and three with lower offers.
At the close of the market, AMG Packaging gained 12 cents to settle at $2.05, trading 6,424 stock units, Blue Power ended the day, 20 cents higher at $4 with 3,877 stock units crossing the exchange, Caribbean Producers climbed 1 cent, swapping 600 shares at $4.81. Dolphin Cove lost 20 cents in trading of 2,393 stock units at $9.80, Elite Diagnostic finished 45 cents higher at $4.45 with 42,851 stock units trading, Express Catering exchanged 7,722 units and gained 5 cents to end at $6. Fontana slipped 1 cent to close at $6.79 with 44,009 stock units changing hands, GWest Corporation ended with a loss of 1 cent at $1.02 in the trading of 30,000 stock units, Honey Bun declined 2 cents, in transferring 33,321 shares to close at $6.98. iCreate dropped 3 cents to settle at 72 cents in exchanging 506,791 stock units, Indies Pharma ended market activity exchanging 57,828 shares to close at $2.91 after falling 4 cents, Jamaican Teas lost 19 cents in trading of 159,866 shares at $6.50. Knutsford Express fell 62 cents with 424 stock units changing hands at $10.88, Lasco Distributors fell 8 cents in exchanging 83,905 units at $3.02, Lasco Financial closed trading of 10,000 units and gained 5 cents to end at $3.65. 
Lasco Manufacturing declined by 6 cents after 26,806 stock units crossed the exchange at $3.96, Lumber Depot lost 2 cents to settle at $1.51 with a transfer of 519,559 shares, MailPac Group fell 8 cents in trading of 753,122 units at $2. Main Event gained 30 cents and exchanged 22,578 shares at $6.10, Medical Disposables climbed $1 to end at $7.50 with 85,429 shares trading, SSL Venture declined 6 cents in trading 40,000 stock units at $1.02. Stationery and Office Supplies ended with 1,728 shares crossing the exchange, after rising 19 cents to end at $9.99 and tTech closed down 10 cents to $5.50 with 1,532 units changing hands.
Prices of securities trading for the day are those at which the last trade took place.
