More stocks gained than declined on the Junior Market of the Jamaica Stock Exchange on Wednesday, with the market rising after the volume of shares trading jumped 1,341 percent over Tuesday’s level, with the newly listed Tropical Battery accounting for 34 percent of the day’s volume.
Trading ended with 33 securities changing hands, compared to 34 on Tuesday and ended with the prices of 15 stocks rising, the prices of 12 stocks declining, with six, remaining unchanged.
At the close, the Junior Market Index gained 35.55 points to settle at the highest point since mid-August at 2,555.68 and the average PE Ratio of the market ended at 10.9 based on IC Insider.com forecast of 2020-21 earnings.
The market closed with an exchange of 16,863,058 shares for $25,635,940 compared to 1,170,245 units at $5,056,500 on Tuesday. GWest Corporation led trading with 45.5 percent of the day’s volume in trading 7.67 million shares, followed by Tropical Battery with 34.2 percent of the day’s trade, accounting for 5.76 million units and Fontana with 6.6 percent market share amounting to 1.11 million units.
Trading ended with an average of 511,002 units at $776,847 in contrast to 34,419 at $148,721 on Tuesday. For the month to date, the average trade resulted in an exchange of 119,171 units at $249,355, in comparison to 99,609 units at $223,021 on Tuesday. Trading in August ended, with an average of 104,414 units at $321,996 trading.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows six stocks ending with bids higher than their last selling prices and one with lower offers.
At the close of the market, Access Financial climbed $4.62, to $26.62 in trading 43,179 shares, AMG Packaging lost 18 cents to close at $1.62, with 11,432 stock units passing through the market, Caribbean Cream gained 6 cents to end at $4.38, in exchanging 50 units. Caribbean Flavours closed at $17, after losing $1.16 with 18,437 stock units changing hands, Caribbean Producers gained 5 cents to end at $2.35, with 483,222 shares clearing the market, Derrimon Trading shed 13 cents to settle at $2.80 as investors switched ownership of 60,873 shares. Elite Diagnostic gained 3 cents to finish at $3.15 trading 35,542 stock units, Everything Fresh lost 7 cents to settle at 64 cents after exchanging 63,318 shares, Express Catering ended at $4.08, with a loss of 2 cents and 1,565 units changing hands. Fontana carved out a gain of 27 cents to close at $5, after finishing with the transfer of 1,109,904 shares, Fosrich advanced 17 cents to $3.68 trading 255,255 shares, General Accident gained 6 cents to end at $6.36, in transferring 22,000 stock units. GWest Corporation carved out a loss 14 cents to settle at 81 cents in trading 7,670,526 shares, Honey Bun lost 5 cents to end at $4.80, with 6,684 units crossing the exchange, iCreate lost 1 cent to end at 74 cents, with investors swapping 2,400 stock units.
Indies Pharma advanced 13 cents to $2.93, in exchanging 278,260 shares, Jamaican Teas jumped 53 cents to $4.83, with 161,040 shares crossing the exchange, Jetcon Corporation shed 18 cents to settle at 81 cents, with a transfer of 288,766 shares. Knutsford Express lost 10 cents to close at $6.80, in trading 3,149 units, Lasco Distributors lost 2 cents, ending at $3.08 with 6,900 stock units passing through the market, Lasco Financial gained 2 cents to settle at $2.10, in exchanging 73,600 shares. Mailpac Group rose 4 cents to end at $2.09 in trading 104,216 shares, Medical Disposables carved out a gain of 1 cent to close at $5.03, with 4,217 stock units crossing the market. Tropical Battery rose 29 cents to end at a new closing high of $1.29, after exchanging 5,764,184 shares on the first day of the being listed after a successful public offer. SSL Venture gained 2 cents to close at 56 cents, in an exchange of 261,459 shares, Stationery and Office Supplies advanced 19 cents to end at $4.20, with four stock units crossing the market and tTech shed 28 cents in closing at $6 after 1,960 stock units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading ended with 33 securities changing hands compared to 31 on Friday and closed with the prices of nine stocks rising, 11 declining and 13 remaining unchanged.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows one stock ending with the bid higher than the last selling price and two with lower offers.
Honey Bun gained 28 cents to close at $4.99, after clearing the market with 3,435 units, Jamaican Teas shed 34 cents in closing at $4.25, with 279,830 shares changing hands the exchange. Jetcon Corporation lost 1 cent in closing at 92 cents, with 1,070 units changing hands, Knutsford Express gained 10 cents to end at $6.90, trading 1,073 units, Lasco Financial gained 1 cent to end at $2.14, with investors swapping 9,812 stock units. Lasco Manufacturing declined 8 cents to $3.42, after exchanging 36,301 shares, Limners and Bards gained 5 cents to settle at $2.70, trading 98,619 shares, Lumber Depot carved out a loss 10 cents in closing at 95 cents, in exchanging 523,710 shares. Mailpac Group gained 3 cents to settle at $2.08, in trading 581,872 shares and Medical Disposables lost 2 cents to finish at $5.06, with an exchange of 173 units.
Trading concluded with 33 securities changing hands compared to 23 on Wednesday and ended, with the prices of 10 stocks rising, the prices of 10 declining and 13 with prices remaining unchanged.
For the month to date, the average trade resulted in an exchange of 107,083 units at $232,850 compared to 110,542 units at $239,724 on Wednesday. Trading in August resulted in an average of 104,414 units at $321,996.
GWest Corporation slipped 2 cents to 95 cents with investors transferring 95 shares, iCreate gained 7 cents to finish at 75 cents with an exchange of 49,925 shares, ISP Finance climbed $3 to end at $15 with a mere 1 unit passing through the market. Jamaican Teas declined by 12 cents to settle at $4.27 with 5,525 stocks traded, Jetcon Corporation rose 7 cents to close at 93 cents with a transfer of 84,354 stock units, Lasco Manufacturing gained 10 cents to finish at $3.60 with 100 shares changing hands. Limners and Bards fell 6 cents to $2.69 with 85,599 units traded, Lumber Depot increased by 2 cents and exchanged 160,000 shares to settle at $1.09, Paramount Trading advanced 29 cents to end at $1.70 with investors trading 100 stocks and SSL Venture slipped 1 cent to 74 cents with 100 shares crossing the exchange.
Trading concluded with 34 securities changing hands compared to 32 on Monday and ended with 14 stocks rising, the prices of 12 declining and eight stock 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 two with lower offers.
Indies Pharma lost 6 cents to end at $2.77 with 9,596 stocks changing hands, Iron Rock Insurance declined 5 cents to close at $3.05 with 10,166 stock units traded, Jamaican Teas climbed 10 cents to end at $4.35 with investors switching ownership of 66,650 stock units. Jetcon Corporation slid 3 cents to 83 cents with 82,906 units passing through the market, Lasco Distributors dropped 10 cents to close at $3 in an exchange of 816 stock units, Lasco Financial rose 5 cents to finish at $2.13 with 28,738 stocks traded. Lasco Manufacturing slipped 2 cents to $3.50 with investors transferring 26,989 units, Limners and Bards shed 18 cents to end at $2.51 with 114,036 units passing through the market, Lumber Depot increased by 6 cents to finish at $1.10 with 5,514,662 stock units changing hands. Mailpac Group gained 4 cents to settle at $2.09 in an exchange of 446,478 stocks, Main Event lost 1 cent to close at $3.37 with investors switching ownership of 3,954 units, Medical Disposables climbed 30 cents to finish at $4.85 with 97 stock units changing hands. Stationery and Office Supplies rose 1 cent to end at $5.01 after trading 11,102 stock units and tTech advanced 20 cents to end at $6 with a mere seven stocks crossing the exchange.
Trading resulted in the same number of securities on Thursday and Friday changing hands with 31 each day and closed with the prices of 13 stocks rising, 11 declining and seven remaining unchanged.
Iron Rock Insurance gained 12 cents to settle at $3, with an exchange of 6,681 units, ISP Finance dropped $3 to $12 with 100 shares clearing the market, Knutsford Express gained 5 cents to close at $6.90 with an exchange of 4,334 stock units. Lasco Distributors lost 7 cents, finishing at $3, exchanging 48,120 shares, Lasco Manufacturing shed 13 cents to settle at $3.52, in trading 49,975 stocks, Limners and Bards fell by 13 cents to end at $2.57, in exchanging 43,120 shares. Lumber Depot gained 5 cents to close at $1.09, in finishing with a transfer of 2,495,326 stock units, Mailpac Group rose 2 cents to settle at $2.08 trading 223,047 shares and Stationery and Office Supplies lost 2 cents in closing at $5.58, with investors switching ownership of 10 stocks.
At the close of the market, Access Financial gained 7 cents to end at $21.58 in an exchange of 200 shares, Blue Power shed 31 cents to settle at $3.04 with 1,000 stock units traded, Caribbean Assurance Brokers declined by 14 cents to finish at $1.91 with 44,013 units changing hands. Caribbean Flavours fell 70 cents to close at $17.60 with investors transferring 28,500 shares, Caribbean Producers rose 4 cents to end at $2.35 with 7,015 stocks passing through the market, Derrimon Trading advanced 34 cents to finish at $2.90 in an exchange of 84,733 stocks. Elite Diagnostic lost 3 cents to close at $3.25, with investors switching ownership of 450 stocks, Express Catering climbed 35 cents to settle at $4.35 with 357,000 stock units traded, Fontana advanced 5 cents to end at $4.75 with 22,975 shares passing through the market. Fosrich dropped 35 cents to finish at $3.60 with 14,243 units changing hands, General Accident shed $1 to close at $6.30 in an exchange of 60,500 stocks, Honey Bun declined by 39 cents to settle at $4.71 with investors switching ownership of 2,153 stocks iCreate finished 2 cents lower at 68 cents with an exchange of 17,460 stock units, Indies Pharma fell 5 cents to end at $2.75 with 1,000 stock units passing through the market, Jamaican Teas declined by 55 cents, trading 210,090 units to close at $4.05. 
Jetcon Corporation gained 1 cent to settle at 86 cents with an exchange of 1,100 stocks, Lasco Financial rose 2 cents to end at $2.13 with 2,320 stocks changing hands, Lasco Manufacturing lost 17 cents to close at $3.53 with investors switching ownership of 21,700 shares. Limners and Bards climbed 22 cents to finish at $2.87 with 37,700 stock units passing through the market, Mailpac Group declined by 4 cents to end at $2.05 in an exchange of 169,935 shares, Main Event slipped 1 cent to $3.38 with investors transferring 884 stock units. Medical Disposables advanced 19 cents to close at $4.99 with 2,185 stocks passing through the market, SSL Venture fell 5 cents to settle at 70 cents with 10,000 stocks changing hands and Stationery and Office Supplies declined by 2 cents to finish at $5.58 with 1,000 shares crossing the exchange.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows four stocks ending with bids higher than their last selling prices and four with lower offers.
Honey Bun gained 39 cents to end at $5.10, with 4,000 units crossing the exchange, Indies Pharma closed at $2.80, after gaining 18 cents in transferring 1,778 units. Iron Rock Insurance gained of 3 cents to close at $2.88, after 7,808 units crossed the market, Jamaican Teas shed 9 cents in closing at $4.60, after an exchange of 80,819 shares, Lasco Distributors lost 5 cents to end at $3, with 64,640 stock units changing hands. Lasco Financial lost 1 cent to settle at $2.11 and crossing the exchange with 75,065 stocks, Lasco Manufacturing was down 9 cents to $3.70 trading 524 units, Limners and Bards rose 17 cents to $2.65, in transferring 214,286 stock units. Lumber Depot lost 1 cent to close at $1.09, clearing the market with 3,062,441 shares, MailPac Group finished 9 cents higher at $2.09 after exchanging 99,853 stocks, Medical Disposables rose 9 cents to $4.80, with 20,170 stock units changing hands. Paramount Trading shed 20 cents in closing at a 52 weeks’ low of $1.30 after crossing the exchange with 50,157 stock units, SSL Venture gained 5 cents to end at 75 cents, with investors swapping 1,106 units and Stationery and Office Supplies settled at $5.60, with gains of 40 cents exchanging 153,622 shares.
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 two with lower offers.
Iron Rock Insurance declined 5 cents to settle at $2.85 with investors switching ownership of 13,319 stock units, Jamaican Teas lost 9 cents to close at $4.60 with 118,300 stock units changing hands, Jetcon Corporation rose 9 cents and exchanged 408,415 shares to end at 93 cents. Knutsford Express gained 10 cents to end at $6.90 with investors transferring 5,350 shares, Lasco Distributors rose 1 cent to settle at $3.01 with an exchange of 47,841 units, Limners and Bards closed 1 cent higher at $2.76 with 51,824 stock units changing hands. Lumber Depot fell 5 cents to end at $1 with 157,348 shares passing through the market, Mailpac Group added 1 cent and exchanged 143,925 stocks to settle at $2.05, Main Event declined 30 cents to close at $3.40 with 26,047 stock units traded and tTech dropped 73 cents to end at $4.77 with 16,227 units crossing the exchange.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows four stocks ending with bids higher than their last selling prices and five with lower offers.
Honey Bun closed at $4.70 after losing 40 cents in transferring 7,000 stock units, iCreate gained 6 cents clearing the market with 16,200 shares to end at 74 cents, Indies Pharma closed 16 cents higher at $2.79 after trading 3,600 units. Jetcon Corporation gained 1 cent to end at 84 cents, with 43,851 shares passing through the market, Knutsford Express shed 10 cents in ending at $6.80 and trading 2,750 units, Lasco Distributors lost 12 cents to settle at $3, with an exchange of 235,733 shares. Lasco Financial gained 9 cents to end at $2.15, after transferring 9,825 stock units, Limners and Bards gained 14 cents and ended at $2.75, in trading 15,608 units, MailPac Group shed 10 cents to close at $2.04, with an exchange of 118,642 shares. Medical Disposables lost 19 ents, with 16,028 stock units changing hands to end at $4.80 and Stationery and Office Supplies lost 1 cent to close at $5.60, with investors swapping 47,847 stock units.
At the close, the average PE Ratio of the market ended at 10.2 based on IC Insider.com forecast of 2020-21 earnings.
At the close of the market, Access Financial advanced $6.02 to $26.10 in an exchange of 10,056 shares, AMG Packaging gained 3 cents to end at $1.73 with 28,100 stock units changing hands, Blue Power closed at $3.20, after losing 5 cents and exchanging 15,500 shares. Caribbean Assurance Brokers lost 1 cent to finish at $2.08, in trading 6,818 units, Caribbean Cream ended at $3.90, with a loss of 7 cents in exchanging 9,780 units. Caribbean Flavours shed 50 cents, in falling to $17.50 with investors swapping 26,783 stock units, Caribbean Producers fell 1 cent to $2.44 and clearing the market with 22,090 stocks, Consolidated Bakeries slipped 1 cent to settle at $1.35 in exchanging 35,000 shares. Elite Diagnostic gained 1 cent to close at $3.01 while exchanging 24,431 units, Express Catering dropped 48 cents to settle at $3.46 in trading 199,371 shares, Fontana declined 20 cents to $4.79 after exchanging 74,757 stock units. General Accident shed 50 cents to close at $6.10 with 210,110 shares crossing the market, iCreate gained 5 cents to close at 70 cents after trading 210,000 shares, Iron Rock Insurance rose 30 cents in closing at $3.15, with investors switching ownership of 2,000 units. Jamaican Teas carved out a gain of 20 cents in ending at $4.70, with 11,034 stock units changing hands, Jetcon Corporation ended 5 cents higher at 80 cents, in transferring 3,500 stock units, Knutsford Express closed at $6.90, with gains of 5 cents trading 19,911 stock units. Lasco Distributors lost 18 cents to end at $3.01 after exchanging 39,926 shares, Lasco Financial gained 6 cents to end at $2.15 in an exchange of 49,500 stock units, Lasco Manufacturing finished 9 cents higher at $3.60, with 8,900 stock units crossing the market.
Limners and Bards carved out a gain of 13 cents to end at $2.69 while exchanging 4,888 stock units, Lumber Depot lost 5 cents in closing at $1 while trading 17,125 stocks, MailPac Group declined 2 cents to $2, after exchanging 1,258,085 shares. Medical Disposables fell 23 cents to $4.67, with a transfer of 7,653 stock units, Paramount Trading shed 18 cents to settle at $1.52, in an exchange of 10,200 stock units, Stationery and Office Supplies dropped 20 cents to settle at $5.60 after trading 46,175 stock units and tTech lost 1 cent to end at $5.40 with investors swapping 3,112 stocks.