Stocks enjoyed a bullish session on Thursday, with rising stocks dominating trading after an 88 percent increase the volume of stocks traded valued 182 percent more than on Wednesday at the close of the Junior Market activity.
Market activity led to 40 securities trading compared to 38 on Wednesday and ended with the prices of 21 stocks rising, 12 declining and seven closing unchanged.
The Market Index recovered half of the losses of the past two days in closing 21.52 points higher for the day and settled at 3,349.23. The PE Ratio, a measure that determines an appropriate relative value of each stock, averaged 12.9 based on ICInsider.com’s 2021-22 earnings forecast.
At the close a total of 9,383,807 shares traded for $40,616,428 up from 4,997,502 units at $14,398,973 on Wednesday.
Dolphin Cove led trading with 16.9 percent of total volume, after exchanging 1.59 million shares followed by Mailpac Group 16.4 percent, with 1.54 million units, Jamaican Teas 14.9 percent, with an exchange of 1.40 million units and Future Energy Source accounted for 14.3 percent, with 1.34 million units changing hands.
Trading averaged 234,595 units at $1,015,411 in contrast to 131,513 at $378,920 on Wednesday. Trading month to date, ended with an average of 221,939 units at $628,682, compared to 221,140 units at $604,278 on Wednesday. May ended with an average of 318,089 units at $760,337.
The Investor’s Choice bid-offer indicator reading shows six stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Access Financial climbed 45 cents to $20.54 with the trading of 7,003 shares, AMG Packaging gained 15 cents to end at $1.70 with an exchange of 425 stock units, Blue Power rallied 14 cents to $3.75 with 20,900 units traded. CAC 2000 jumped $1.37 to $10.52 with a transfer of 291 stocks, Caribbean Cream dropped 33 cents to $5.45 with 172,293 shares passing through the market, Caribbean Producers fell 15 cents to $4.10 trading 357,194 stock units. Consolidated Bakeries fell 8 cents to $1.70, with an exchange of 31,700 units, Elite Diagnostic advanced 19 cents to $3.19 with 100 stocks traded, Express Catering slipped 5 cents to $5.95 with a transfer of 2,982 shares. Future Energy Source rose 5 cents to a record closing high of $1.13, with investors swapping 1,338,473 stock units, Honey Bun popped 24 cents to $6.94 with 483,662 units changing hands, Indies Pharma advanced 23 cents to $3.50 with an exchange of 293,970 stocks. ISP Finance shed $4.31 to $15.51 with 204 shares traded, Jetcon Corporation rallied 27 cents to $1.48 with a transfer of 199 stock units, Lasco Distributors popped 20 cents to $4.30, with 268,644 units passing through the market.
Lasco Financial gained 13 cents to finish at $3.35 with 45,330 stocks changing hands, Limners and Bards rose 7 cents to $3.13 with 37,230 shares traded, Lumber Depot slipped 6 cents to $3.27 with a transfer of 153,063 stock units. Mailpac Group lost 5 cents to end at $3.90 with investors trading 1,539,082 units, Main Event popped 43 cents to $5.43 with 16,609 stocks changing hands and Paramount Trading fell 7 cents to a 52 weeks’ low of $1.15 with 875 shares crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Market activity led to 38 securities trading compared to 40 on Tuesday and ended with 16 rising, 18 declining and four ending unchanged, resulting in the Market Index slipping 8.84 points to 3,327.71 for a second straight day of decline.
Investor’s Choice bid-offer indicator reading shows eight stocks ending with bids higher than their last selling prices and two with lower offers.
Lumber Depot lost 4 cents to close at $3.33 in an exchange of 129,259 shares, Mailpac Group gained 12 cents to close at $3.95 after trading 853,883 stock units, Main Event shed 35 cents to settle at $5 with an exchange of 46,090 units. Medical Disposables fell 39 cents to end at $4.61 with 17,104 shares changing hands, Stationery and Office Supplies lost 5 cents to end at $7.55, with 3,152 stocks crossing the market, Tropical Battery gained 5 cents to close at $1.42 after an exchange of 199,735 shares and tTech rose 4 cents to $4.79 in trading 1,011 stocks.
Market activity led to 40 securities trading, up from 35 on Monday, with prices of 14 rising, 18 declining and eight ending unchanged.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and one with a lower offer.
Medical Disposables spiked 49 cents to finish at $5 with an exchange of 591 shares, Stationery and Office Supplies dropped 40 cents to $7.60 with investors switching ownership of 7,500 stocks, Tropical Battery rose 6 cents to $1.37, with 331,978 units traded and tTech gained 5 cents to close at $4.75 with 5,298 stock units crossing the exchange.
At the close, the Junior Market Index rose 12.12 points to settle at 3,367.03 to be up 39 points for the week as the market seems to be moving steadily away from the downward pull of resistance, just below 3,300. The PE Ratio, a measure that compares the relative value of each stock, averages 13 based on ICInsider.com’s 2021-22 earnings forecast.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and one with lower offers.
Lasco Distributors gained 8 cents to close at $4.10 with a transfer of 627,504 shares, Lasco Financial lost 15 cents to end at $3.07 in exchanging 116,562 stocks, Lasco Manufacturing fell 4 cents to $5.41 with 233,487 stock units crossing the market. Lumber Depot gained 10 cents to $3.29 with 509,063 shares changing hands, Stationery and Office Supplies shed 90 cents to close at $7.98 with the swapping of 70,956 stock units and tTech lost 10 cents to end at $4.70 after exchanging 6,072 units.
The Market Index added 15.14 points to close at 3,354.91 after moving up to 3,375.79 within six minutes of the opening.
Investor’s Choice bid-offer indicator reading shows three stocks ending with bids higher than their last selling prices and four with lower offers.
Knutsford Express climbed 15 cents to $8.90 with 7,058 units changing hands, Lasco Financial fell 27 cents to $3.22 with an exchange of 504,345 stocks, Limners and Bards advanced 15 cents to $3.15 with investors switching ownership of 49,198 stock units. Lumber Depot fell 11 cents to $3.19 with a transfer of 114,143 shares, Mailpac Group slipped 8 cents to $3.69 with 518,163 units traded, Main Event lost 20 cents to settle at $5 with 7,723 stocks changing hands.Medical Disposables dropped 40 cents to $4.50 with investors switching ownership of 18,945 stock units and Stationery and Office Supplies spiked 65 cents to $8.88 with 10,016 shares crossing the exchange.
Trading occurred in 36 securities down from 39 on Tuesday, with prices of nine stocks rising, 19 declining and eight unchanged.
Trading averaged 181,681 units at $540,799 in contrast to 163,493 at $555,626 on Tuesday. Month to date, trading averages 180,468 units at $573,202, compared to 180,362 units at $576,026 on Tuesday. May closed with an average of 318,089 units at $760,337.
Limners and Bards fell 15 cents to $3 with 239,291 units changing hands, Mailpac Group spiked 18 cents to $3.77 with 593,202 stocks traded, Main Event slipped 5 cents to $5.20 with investors switching ownership of 7,685 shares. SSL Venture rose 7 cents to 64 cents with a transfer of 11,998 units, Tropical Battery slipped 10 cents to $1.40 with 431,620 stocks changing hands and tTech shed 65 cents to close at $4.80 with 30,426 shares crossing the exchange.
Investors ended up trading 39 companies compared to 35 on Monday resulting in prices of 13 rising, 17 declining and nine closing unchanged and sent the prices of four stocks to 52 weeks high, with two of them closing at 52 weeks highs.
Trading averaged 163,493 units at $555,626 up from 130,808 shares at $365,764 on Monday. Month to date trading averages 180,362 units at $576,033, versus 182,121 units at $578,161 on Monday. May closed with an average of 318,089 units at $760,337.
Jamaican Teas picked up 8 cents to end at $4 with an exchange of 479,657 units, Jetcon Corporation fell 11 cents to $1.79 with 526,581 stocks passing through the market. Knutsford Express declined by 45 cents to $8 with 773 stock units traded, Lasco Distributors climbed 19 cents to $4 with a transfer of 140,313 shares, Lasco Financial lost 10 cents to end at $3.50 with an exchange of 76,876 stocks. Limners and Bards increased by 10 cents to finish at $3.15, with 198,295 units changing hands, Lumber Depot fell 12 cents to $3.33 with investors switching ownership of 87,864 shares, Main Event advanced 25 cents to $5.25 with 37,950 units traded after hitting an intraday 52 weeks’ high of $5.45. Medical Disposables slipped 10 cents to $4.90 with a transfer of 88,203 stock units, Stationery and Office Supplies climbed 23 cents to $8.23 with 6,802 units changing hands and Tropical Battery rose 5 cents to close at 52 weeks’ high of $1.50, with 283,760 shares crossing the exchange.
A total of 35 securities traded, up from 33 on Friday, with prices of 15 rising, 10 declining and 10 ending unchanged, with four stocks closing at 52 weeks’ highs.
Trading on Monday, averaged 130,808 units at $365,764 down from 134,936 at $397,703 on Friday. For the Month to date, trading averages 182,121 units at $578,161, down from 187,419 units at $600,090 on Friday. May closed with an average of 318,089 units at $760,337.
Lasco Distributors dropped 19 cents to $3.81 with investors swapping 26,359 shares, Limners and Bards lost 10 cents to finish at $3.05 with 162,984 stocks traded, Main Event fell 26 cents to $5 with 64,116 stock units changing hands. Medical Disposables surged 64 cents to $5 with a transfer of 40 units, Tropical Battery advanced 20 cents to end at a 52 weeks’ high of $1.45 with 825,416 stock units traded and tTech climbed 39 cents to $5.45 with 115 shares crossing the exchange.
A mere 33 securities traded on Friday, down from 37 on Thursday and ended with 12 rising, 16 declining and five closing unchanged.
Investor’s Choice bid-offer indicator reading shows no stock ending with the bid higher than the last selling price and four with lower offers.
Jamaican Teas rose 5 cents to $4.05, with 135,367 shares changing hands, Jetcon Corporation increased 4 cents in closing at a 52 weeks’ high of $1.75, after trading 177,520 units, Lasco Financial slipped 7 cents to $3.63 after exchanging 36,904 shares. Limners and Bards rose 15 cents to $3.15 in switching ownership of 124,109 stock units, Medical Disposables fell 49 cents to $4.36 after trading 17,658 units and Stationery and Office Supplies shed $1 to end at $8 in switching ownership of 27,109 stocks.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and four with lower offers.
Knutsford Express spiked 95 cents to $8.45 with 10,900 shares traded, Lasco Manufacturing rose 5 cents to $5.45 with 12,547 stock units changing hands, Limners and Bards dipped 17 cents to $3 with 1,710,655 units changing hands. Lumber Depot lost 10 cents to close at $3.50 with an exchange of 1,589,336 shares, Mailpac Group slipped 10 cents to $3.60 with a transfer of 765,207 stocks, Main Event picked up 10 cents to finish at $5.25 with 50,518 stock units traded and Stationery and Office Supplies jumped $1 to $9 with 18,360 units crossing the exchange.