The Junior Market of the Jamaica Stock Exchange ended trading on Thursday, with the market declining after more stocks fell than rose, with investors trading 51 percent fewer shares than on Wednesday.
Trading ended with 32 securities changing hands compared to 33 on Wednesday and ended with the prices of nine stocks rising, 17 declining and six with prices remaining unchanged.
At the close, the Junior Market Index carved out a loss of a mere 0.66 points to settle at 2,564.27, and the average PE Ratio of the Junior Market ended at 10.7 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 1,607,258 shares for $3,954,220 compared to 2,711,361 units at $8,041,179 on Wednesday.
Mailpac Group led trading with 479,529 shares for 30 percent of total volume, followed by Everything Fresh with 300,722 units for 18.7 percent of the day’s trade and Limners and Bards with 218,192 units for 13.6 percent market share.
An average of 50,227 units traded at $123,569 on Thursday, in contrast to an average of 82,162 at $243,633 on Wednesday. For the month to date, the average trade was 257,292 units at $701,029, in contrast to 267,316 units at $728,985. Trading in June resulted in an average of 245,049 units at $689,955 trading.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows two stocks ended with bids higher than their last selling prices and one with lower offers.
At the close of the market, Cargo Handlers lost 70 cents to settle at $6.40 after exchanging 8,016 units, Caribbean Assurance Brokers climbed 9 cents to end at $2.24 in an exchange of 3,500 stocks, Caribbean Cream increased 27 cents to $3.85, with 23,045 shares changing hands. Caribbean Flavours declined by $1.57 to close at $10.50 in exchanging 112 units, Dolphin Cove fell 9 cents after closing at $7.50 while trading 1,000 shares, Elite Diagnostic carved out a gain of 10 cents to close at $3.70 while exchanging one share. Everything Fresh climbed 12 cents in closing at 79 cents and finished trading with 300,722 units, Express Catering carved out a loss 2 cents after ending at $4.07 in an exchange of 3,330 shares, Fontana lost 5 cents to close at $5 in trading 83,879 stock units. General Accident fell 10 cents to end at $7.05 while exchanging 11,041 stock units, Honey Bun slipped 1 cent to settle at $5.39 in trading 500 units, iCreate increased 2 cents to 56 cents trading 10,000 stocks. Indies Pharma fell 5 cents to end at $2.95 in exchanging 5,000 shares, Jamaican Teas declined by 4 cents to end at $4.95, with 7,915 units clearing the market, Jetcon Corporation dropped 1 cent to end at 91 cents in exchanging 16,120 shares. Lasco Distributors advanced 19 cents to close at $3.25 with investors switching ownership of 42,001 shares, 
Lasco Financial declined by 13 cents and ending at $2.41, with 131,441 units changing hands, Lasco Manufacturing shed 12 cents to end at $3.50 121,608 stock units crossing the exchange. Limners and Bards slipped 10 cents to end at $2.51 in an exchange of 218,192 stock units, Lumber Depot advanced by 1 cent in closing at $1.06 while exchanging 6,194 stock units, Mailpac Group lost 4 cents closing at $2.10 with investors switching ownership of 479,529 stocks. Main Event gained 1 cent to closed at $4 in an exchange of 230 shares, Medical Disposables dipped 1 cent to close at $4.99, with 8,575 units changing hands, Paramount Trading shed 3 cents in closing at $1.77 and cleared the market with 1,000 shares. Stationery and Office Supplies dropped by 8 cents in closing at $5.90, with investors switching ownership of 3,500 shares and tTech rose 17 cents ending at $7.30 clearing the market with 25,124 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
In comparison, June ended, with an average of 245,049 units trading at $689,955.
Express Catering carved out a gain of 9 cents to close at $4.09, with 7,900 stock units crossing the exchange, Fontana gained 5 cents in closing at $5.05 with an exchange of 33,420 units, General Accident rose 20 cents to close at $7.15 after exchanging 116,000 stock units. GWest Corporation gained 2 cents to settle at 89 cents, with 2,098 shares changing hands, iCreate shed 2 cents to end at 54 cents in trading 45,143 units and Iron Rock Insurance shed 9 cents to end at $3.80 with investors swapping 3,100 stock units.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading was flashing negative signal, with only two stocks ended with bids higher than their last selling prices and seven with lower offers.
Jamaican Teas fell 1 cent to $4.99 trading 119,441 stock units, Jetcon Corporation gained 10 cents to close at $1.02 with an exchange of 6,800 units, Lasco Distributors advanced 15 cents to settle at $3, trading 429,766 stock units. Lasco Financial fell 14 cents to close at $2.41 with 20,750 units traded, Lasco Manufacturing declined by 10 cents to close at $3.55 with an exchange of 92,236 stock units, Lumber Depot declined by 5 cents to end at 99 cents after investors transferred 191,852 stock units. Mailpac Group increased 12 cents to close at $2.12, with 314,557 units passing through the market, Main Event slipped 1 cent to settle at $3.99 in exchanging 96,123 shares, Medical Disposables dropped 90 cents to close at $5 with 239,464 stock units changing hands and Stationery and Office Supplies fell 38 cents to end at $5.60 with 56,101 units crossing the exchange.
,517 units for 12.8 percent of the day’s trade and iCreate with 345,873 units for 6.2 percent market share.
GWest Corporation lost 1 cent to close at 88 cents trading 200 shares, Honey Bun advanced by 10 cents to settle at $5.40, with 23,860 stock units changing hands, Indies Pharma declined 10 cents to $2.90 in an exchange of 35,676 units. ISP Finance dropped by 5 cents after closing at $15.80 and trading 100 shares, Jamaican Teas added 1 cent to close at $5 with investors switching ownership of 37,131 shares, Jetcon Corporation fell 2 cents to settle at 92 cents to finish with 65,662 stock units changing hands. Lasco Financial increased 5 cents to settle at $2.55 with 1,550 stock units crossing the exchange, Lasco Manufacturing climbed 9 cents to $3.65 in trading 200,000 units, Limners and Bards dropped 5 cents to end at $2.60, with 716,517 shares changing hands. Lumber Depot lost 1 cent to close at $1.04 trading 224,046 shares, Mailpac Group fell 14 cents to settle at $2 in trading 2,842,033 stock units, Medical Disposables increased 70 cents in closing at $5.90 with 13,488 shares clearing the market. Stationery and Office Supplies gained 8 cents and ending at $5.98 in trading 481 units and tTech carved out a gain of 67 cents to settle at $6.67 in trading 213,193 shares.
At the close, the Junior Market Index lost 26.95 points to 2,555.47, and the average PE Ratio of the Junior Market ended at 10.8 based on IC Insider.com’s forecast of 2020-21 earnings. Trading ended with 32 securities changing hands compared to 29 and ended with the prices of eight stocks rising, the prices of 17 declining and seven with prices remaining unchanged.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows two stocks ended with bids higher than their last selling prices and none with lower offers.
Jamaican Teas carved out a loss 6 cents in closing at $4.99, with 9,861 units changing hands, Jetcon Corporation shed 8 cents to end at 94 cents and cleared the market with 500 units, Lasco Financial lost 5 cents closing at $2.50 and crossing the exchange with 53,577 units. Lasco Manufacturing declined by 9 cents to settle at $3.56, with investors switching ownership of 79,722 stock units, Limners and Bards dropped by 4 cents to close at $2.65 in an exchange of 12,702 shares, Lumber Depot gained 1 cent in ending at $1.05 with 36,832 units crossing the market. Mailpac Group rose 6 cents to close at $2.14, trading 320,693 units, SSL Venture increased 9 cents in closing at 87 cents with investors switching ownership of just one stock unit. Stationery and Office Supplies shed 2 cents to settle at $5.90 after exchanging 2,800 shares and tTech shed 50 cents to end at $6 500, with stock units changing hands.
Trading ended with 29 securities changing hands compared to 32 on Wednesday and ended with the prices of 12 stocks rising, 10 stocks falling in value and seven with prices remaining unchanged.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows three stocks ended with bids higher than their last selling prices and five with lower offers.
iCreate lost 2 cents in ending at 52 cents after exchanging 34,950 stock units. Indies Pharma rose 10 cents to close at $3 in an exchange of 694,697 units, Jamaican Teas shed 1 cent to end at $5.05 exchanging 962 units, Jetcon Corporation carved out a gain of 1 cent to end at $1.02 with investors switching ownership of 76,464 stock units. Lasco Financial carved out a loss 1 cent to close at $2.55 and finishing, with 1,750 shares changing hands, Lasco Manufacturing shed 10 cents to end at $3.65 with an exchange of 2,121,219 stock units, Limners and Bards carved out a loss 1 cent and ending at $2.69 in exchanging 66,085 stock units. Lumber Depot dropped by 3 cents to end at $1.04 with investors switching ownership of 21,077 stock units, Mailpac Group gained 6 cents to close at $2.08 in clearing the market with 544,372 stock units. Stationery and Office Supplies lost 6 cents in ending at $5.92, with 550 units changing hands and tTech jumped 55 cents to close at $6.50 in an exchange of 1,995 stock units.
At the close of the market, Blue Power declined by 16 cents to close at $3.63 with 4,000 stock units crossing the exchange, Caribbean Assurance Brokers carved out a loss 4 cents to settle at $2.15 after exchanging 2,820 stock units, Caribbean Cream gained 31 cents to close at $3.57 with investors swapping 67,995 shares. Caribbean Producers lost 4 cents in ending at $2.40 in an exchange of 46,774 stock units, Derrimon Trading gained 1 cent to settle at $2.38 after 19,924 units changed hands, Fontana advanced 9 cents to end at $5.09 after trading 193,897 stock units. Fosrich rose 14 cents to $3.75 trading 2,149 shares, General Accident fell 1 cent to end at $6.99 after exchanging 1,200 stock units, Honey Bun jumped 50 cents in ending at $5.40 with investors swapping 39,772 units. iCreate after rising 1 cent, ended at 54 cents with a mere 183 stock units, crossing the exchange, Iron Rock Insurance climbed 89 cents to settle at $3.89 with a transfer of 31 shares, ISP Finance fell 5 cents to close at $15.85 in trading 200 shares. Jamaican Teas shed 2 cents to end at $5.05 while trading 1,015 units, Lasco Distributors rose 25 cents in closing at $3.07 and clearing the market with 57,714 shares, 
Lasco Financial added 1 cent in closing at $2.55 after an exchange of 2,594 units. Lasco Manufacturing gained 20 cents and end at $3.75 with 3,230 stock units crossing the exchange, Limners and Bards gained 5 cents to end at $2.60 in exchanging 2,500 units, Lumber Depot advanced by 2 cents to $1.04 trading 54,815 shares. Mailpac Group increased 2 cents to $2 53 with 9,882 shares changing hands, Main Event dropped 5 cents to end at $4, with 129 stock units crossing the exchange, SSL Venture rose 11 cents to close at 89 cents, with 1,000 stock units changing hands. Stationery and Office Supplies fell 38 cents in ending at $5.60 after exchanging 3,695 shares and tTech advanced by $1.25 to $5.95 after 15,631 shares crossed the exchange.
Trading ended with the prices of 10 stocks rising, the prices of 14 declining and nine remaining with prices unchanged.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows four stocks ended with bids higher than their last selling prices and one with a lower offer.
Knutsford Express rose 1 cent to $7 2,000 stock units passing through the market, Lasco Distributors carved out a loss 8 cents in closing at $2.82 with 1,615 shares changing hands. Lasco Financial rose 9 cents to end at $2.54 after exchanging 758 shares, Lasco Manufacturing fell 20 cents in closing at $3.55 trading 12,617 units, Limners and Bards rose 10 cents to $2.55 trading 6,692 shares. Lumber Depot carved out a loss 1 cent to finish $1.02 in an exchange of 31,202 units, Mailpac Group fell 7 cents, to $1.98 with 795,955 units clearing the market, Medical Disposables declined by 25 cents to settle at $5.80 in trading 71,760 stock units. Paramount Trading dropped 15 cents to $1.81 with 44,350 stock units crossing the exchange, SSL Venture lost 11 cents to end at 78 cents with investors trading 1,002 stock units and Stationery and Office Supplies gained 38 cents closing at $5.98 after 6,358 units crossed the market.
At the close of the market, Access Financial declined by $1.99 to settle at $23.50 with investors swapping 68 stock units, AMG Packaging rose 3 cents to end at $1.55 with 31,000 stock units changing hands, Caribbean Assurance Brokers carved out a loss 7 cents in ending at $2.13 with investors switching ownership of 51,571 units. Caribbean Producers rose 3 cents to end at $2.44 in trading 31,897 stock units, Dolphin Cove gained $1 to close at $8 in exchanging 10,007 units, Express Catering fell 5 cents to $4.20 with an exchange of 6,504 units. Fontana fell 5 cents after closing at $5.11, with 54,087 stock units crossing the exchange, General Accident lost 21 cents to close at $6.80, with 5,216,851 stock units passing through the market, Honey Bun added 10 cents to end at $4.90 in exchanging 127,592 shares. Indies Pharma increased by 6 cents to settle at $2.76 247,288 shares changing hands, Jamaican Teas rose 5 cents to end at $5.05 in trading 59,383 shares, Jetcon Corporation gained 1 cent to end at 97 cents with investors swapping 9,533 stock units. Lasco Distributors added 3 cents in ending at $2.84 trading 118,580 stock units, Limners and Bards jumped 16 cents to close at $2.65 while exchanging 20,014 units, Lumber Depot carved out a loss 2 cents to close at $1.05 with investors switching ownership of 1,076,643 shares. 
Mailpac Group shed 1 cent to settle at $1.99 while exchanging 574,205 units, Main Event gained 6 cents to close at $4.05, with 1,800 units crossing the exchange, Medical Disposables carved out a loss 35 cents to close at $6 with investors swapping 2,772 units. Paramount Trading gained 15 cents to finish at $1.96, with 48,099 shares crossing the market, SSL Venture eked out a gain of 4 cents to settle at 89 cents in switching ownership of 3,000 units. Stationery and Office Supplies rose 1 cent to end at $5.61, trading 56,445 stock units and tTech lost $1.05 to end at $4.70 after 18,037 shares changed hands.
At the close, the Junior Market Index declined 33.03 points to close at 2,522.97. Trading ended with 35 securities changing hands with the prices of 9 stocks rising, 14 declining and prices of 12 closing unchanged. The average PE Ratio of the Junior Market ended at 10 based on IC Insider.com’s forecasted 2020-21 earnings.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the Junior Market shows two stocks ended with bids higher than their last selling prices and two with lower offers.
Lasco Financial lost l2 cents to end at $2.49 after exchanging 43,312 shares. Lasco Manufacturing gained 4 cents to end at $3.60, with 23,350 units changing hands, Limners and Bards increased 4 cents to $2.49 in trading 1,138,812 stock units, Mailpac Group fell 4 cents to $2 with an exchange of 2,204,157 stock units. Medical Disposables shed 6 cents to end at $6.35 with 48,577 stock units crossing the exchange, Paramount Trading gained 1 cent to end at $1.81 with investors trading 580 stock units, SSL Venture dropped 4 cents to settle at 85 cents with 49,835 units changing hands. Stationery and Office Supplies declined by 20 cents to close at $5.60 in trading 16,097 units and tTech declined by 5 cents to settle at $5.75 in trading 59,153 stock units.
