After attempting to rally on the previous four days with gains in the morning sessions and getting hit by selling that push the market lower on each occasion, the Junior Market finally relented and rose on Friday.
At the close, the Junior Market Index advanced 35.13 points to close at 2,414.24 after risen over 50 points at one stage of the day and left the average PE ratio ended at 8.8 times 2020-21 earnings. Market activities resulted in prices of 6 securities advancing, 12 losing and 12 remaining unchanged.
Trading concluded on Friday with an exchange of 30 securities, resulting in 2,927,416 units valued at $8,165,325 changing hands, compared to 24,912,363 units valued at $54,086,454 on Thursday. The stock exchange daily trading report for Friday has the incorrect total volume and value traded.
Trading ended with an average of 97,581 units at $272,177 for each security traded, in contrast to 711,782 units at an average of $1,545,327 on Thursday. The average volume and value for the month to date amounts to units 496,819 valued at $1,138,825 and previously 546,675 units valued at $1,193,792. 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 four stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close of the market, Access Financial lost 99 cents in trading 1,165 shares to close at $24.01, Blue Power climbed 40 cents and exchanged 1,000 shares at $3.70, Caribbean Producers rose 19 cents and traded 140,238 shares at $2.94. Derrimon Trading ended with a loss of 1 cent at $2.19 with 577,500 stock units changing hands, Express Catering fell by 10 cents in trading of 227,833 units at $3.25, Fosrich closed 35 cents higher at $3.45, with 60,000 stock units trading. Fontana declined 8 cents to settle at $5.48, in trading 381,191 shares, GWest Corporation ended with 14,437 stock units changing hands, after rising 3 cents to end at 78 cents. Honey Bun shed 50 cents in exchanging 57,476 units at $5,
iCreate ended with a loss of 1 cent at 47 cents, with 5,793 stock units changing hands, Jamaican Teas fell 10 cents to close at $4.20, with 4,500 shares passing through the market, Knutsford Express lost $1 to close at $7, with 4,591 stock units changing hands. Lasco Financial closed trading of 5,750 units and gained 5 cents to end at $2.95, Lasco Manufacturing lost 7 cents in trading 3,747 shares to close at $3.90. Mailpac Group ended with a loss of 1 cent at $1.68 with 356,247 stock units changing hands, Main Event shed 4 cents in trading 100,880 units at $3.81 and tTech climbed one cent and exchanged 260 shares at $4.21.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with 35 securities changing hands with prices of 11 securities advancing, 12 declining while 11 remained unchanged. The average PE ratio of the Junior Market ended at 8.7 based on 2020-21 earnings. Investors exchanged 24,912,363 units valued at $54,086,454, compared to 115,474,401 units valued at $258,980,019 on Wednesday from 33 companies.
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 four with lower offers.
Jamaican Teas shed 5 cents in trading of 48,718 units at $4.30, Lasco Financial fell by 8 cents in trading of 24,185 units at $2.90. Lasco Manufacturing closed trading of 2,319,260 units and gained 27 cents to end at $3.97, Limners and Bards climbed 21 cents, exchanging 34,694 shares at $2.01, Lumber Depot gained 1 to end at $1.16, trading 180,795 shares. Mailpac Group closed with a loss of 6 cents at $1.69, in swapping of 15,790,186 shares, Main Event shed 40 cents in trading of 13,623 units at $3.85. Medical Disposables declined by $2 to settle at $5.50, in exchanging 300,000 shares, Paramount Trading shed 37 cents in trading of 5,000 units at $2 and Stationery and Office Supplies closed 10 cents higher at $6.10, with 3,500 stock units changing hands.
Trading concluded with 33 securities changing hands, resulting in an exchange of 1,924,700 units valued at $6,915,784 compared to 5,311,793 units valued at $13,249,122 from 32 securities on Friday.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows three stocks ended with bids higher than their last selling prices and two with lower offers.
Indies Pharma swapped 36,701 stock units and gained 23 cents, to end at $2.43, Jamaican Teas declined 18 cents in trading of 65,172 units at $3.82, Jetcon Corporation fell 7 cents to 93 cents, with an exchange of 3,000 shares. Knutsford Express closed trading of 502 units and gained 26 cents to end at $8.30, Lasco Distributors lost 5 cents in exchanging 2,471 shares to close at $2.95, Lasco Manufacturing climbed 9 cents to $3.36 with 66,183 shares changing hands. 2462. Limners and Bards added 14 cents and exchanged 43,700 shares to end at $1.89. Lumber Depot closed 4 cents higher at $1.18 with 33,539 stock units trading, MailPac Group lost 3 cents in the exchange of 383,338 units to settle at $1.55, Paramount Trading climbed 29 cents and traded 5,033 shares to finish at $2.39 and Stationery and Office Supplies fell 35 to $6.75 with 110,749 units crossing the exchange.
At the close of the market, Access Financial gained $3.50 and traded 100 stock units to end at $27.50, Blue Power climbed 5 cents higher to $3.85 and exchanged 5,751 shares, Cargo Handlers closed trading of 173 units and gained 49 cents to end at $6.50. Caribbean Cream declined 44 cents in trading of 2,000 units to close at $2.91, Caribbean Producers added 5 cents and exchanged 278,793 shares to finish at $3, Consolidated Bakeries closed trading of 7,800 units and gained 8 cents to end at $1.73. Derrimon Trading exchanged 83,275 shares after rising 30 cents to $2.10, Elite Diagnostic traded 29,362 shares to close at $3.75 after falling 11 cents, Everything Fresh lost 8 cents in the exchange of 405,728 units to settle at 67 cents. Express Catering shed 25 cents and swapped 900 units to close at $3.75, Fontana finished 3 cents higher at $5.60 with an exchange of 775,111 shares, General Accident lost 20 cents in trading of 22,503 units to finish at $4.80. Honey Bun fell 37 cents to $5.65 with 53,752 shares traded, iCreate shed 8 cents in the exchange of 334,179 units to close at 47 cents, Indies Pharma ended at $2.20 with 111,282 shares traded after rising 10 cents. 
Jamaican Teas fell 5 cents to $4 with 266,568 units changing hands, Lasco Financial slipped 3 cents in trading 3,486 units to end at $2.99, Lasco Manufacturing fell 33 cents to close at $3.27, with 132,125 units changing hands. Limners and Bards exchanged 176,440 shares to end at $1.75 after falling 26 cents, Lumber Depot lost 4 cents in trading of 175,873 units to settle at $1.14, MailPac Group ended 5 cents lower at $1.58, with 1,318,365 shares changing hands. Medical Disposables declined 50 cents trading of 110,822 units to finish at $6.50, Paramount Trading rose 4 cents and exchanged 750,740 shares to settle at $2.10 and Stationery and Office Supplies gained 8 cents to close at $7.10 with 6,858 units crossing the exchange.