Juniors inch higher on increased volume

Jamaican Teas dominated trading with 8,038,082 stocks with the price rising 19 cents to $3.25, helping the Junior Market break the three-day losing streak, with the index gaining 11.07 points to close at 2,904.54 on Wednesday after trading 58 percent more shares, with a 184 percent increase in the value compared to Tuesday.

In the end, 33 securities traded, up from 31 on Tuesday, with prices of 13 rising, nine declining and 11 remaining unchanged.
The average PE Ratio ended at 16.5 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with 13,020,776 shares trading for $40,054,022, up from 8,262,259 units at $21,754,655 on Tuesday.
Jamaican Teas led with 61.7 percent of total volume after exchanging 8.04 million shares, followed by Mailpac Group with 26.3 percent for 3.42 million units and Tropical Battery with 2.3 percent after a transfer of 305,026 units.
Trading averaged 394,569 units at $1,213,758 versus 266,524 shares at $701,763 on Tuesday. Trading month to date averaged 243,736 units at $691,556, up from 232,106 units at $651,293 on Tuesday. February  averaged 365,365 units at $881,118.
Investor’s Choice bid-offer indicator reading shows five stocks ended with bids higher than their last selling prices and none with lower offers.
At the close, AMG Packaging rose 6 cents to $1.90 with 103,472 shares changing hands, Caribbean Assurance Brokers shed 25 cents to finish at $2.06 with an exchange of 202,479 stocks, Caribbean Flavours dropped 22 cents to $2.20 with a transfer of 9,825 units. Caribbean Producers declined by 8 cents to $3.10 with 10,931 shares traded, Consolidated Bakeries fell 18 cents to $1.45 with 5,025 stocks passing through the market, Dolphin Cove climbed $1.14 to $9.15 with 430 units changing hands. Elite Diagnostic rose 9 cents to $2.99 with 151 shares changing hands, Everything Fresh fell 6 cents to 85 cents in the transfer of 16,280 stocks, Express Catering rose 13 cents to $3.75 with 5,121 units traded. Fontana rose 7 cents to $5.97 with 107,302 shares passing through the market, Fosrich climbed 20 cents to $5.45 with 24,370 stocks changing hands, GWest Corporation dropped 12 cents to 83 cents with an exchange of 53,264 units.Indies Pharma lost 8 cents to close at $3.32 with a transfer of 8,819 shares, Jetcon Corporation rose 6 cents to 78 cents with 6,881 stock units passing through the market. Lasco Manufacturing gained 10 cents to end at $4.40 with 51,179 shares changing hands, Limners and Bards added 5 cents to end at $2.55 with a transfer of 73,168 stock units and Main Event fell 25 cents to $3.15 with 4,496 units crossing the exchange.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Another day of junior losses

Trading closed on Tuesday, with the market declining for a third day with the index down 25.52 points to 2,893.47, after trading 9 percent fewer shares than on Monday and values down 13 percent on the Junior Market of the Jamaica Stock Exchange.
Trading ended with 31 securities changing hands, down from 37 on Monday and closed with 14 stocks rising, 10 declining and seven remaining unchanged. The average PE Ratio ended at 16.5 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 8,262,259 shares for $21,754,655 down from 9,042,614 units at $24,919,840 on Monday. Derrimon Trading led trading with 46.5 percent of total volume, after 3.84 million shares changed hands, followed by Mailpac Group with 15.2 percent for 1.26 million units and Tropical Battery with 7.8 percent for 640,958 units.
Trading averaged 266,524 units at $701,763 in contrast to 244,395 at $673,509 on Monday. The month to date averaged 232,106 units at $651,293, compared to 229,418 units at $647,352 on Monday. February closed with an average of 365,365 units at $881,118.
Investor’s Choice bid-offer indicator reading shows five stocks ending with bids higher than their last selling prices and five with lower offers.
At the close, Access Financial dropped $1.16 to $19.84, with the swapping of 2,821 shares, Blue Power lost 27 cents to close at $3.82, after exchanging 2,139 stocks, Caribbean Assurance Brokers rose 43 cents to $2.31 with 94,785 units crossing the market. Caribbean Cream picked up 5 cents to end at $4.90 trading 290 shares, Caribbean Producers gained 15 cents to finish at $3.18 in transferring 99,874 stock units. Consolidated Bakeries rose 13 cents to $1.63 with 3,637 units changing hands, Fontana ended 9 cents higher at $5.90 trading 204,475 stock units, Fosrich advanced 13 cents to $5.25 in an exchange of 17,786 shares. General Accident fell 15 cents to $5.70 in swapping 9,303 stock units, GWest Corporation gained 12 cents to 95 cents with a transfer of 51,347 shares, Honey Bun picked up 9 cents to close at $5.09 after exchanging 5,396 units. Indies Pharma rose 24 cents to $3.40 trading 85,057 stock units, Lasco Distributors fell 2 cents to $3.83 in exchanging 82,088 stocks, Lasco Manufacturing shed 25 cents to $4.30 after transferring 26,065 units. Mailpac Group fell 4 cents to $3.34 in trading 1,259,240 shares, Main Event lost 7 cents ending at $3.40 with 8,004 shares crossing the market and Paramount Trading rose 12 cents to $1.43 with an exchange of 20,123 units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Junior Market at 13-month high up 11.3% YTD

 

The Junior Market Index rose sharply on Thursday to the highest close in over 13 months since the market index ended at 2,942.84 on February 24, last year. The market index grew appreciably at the close, gaining 46.29 points to close at 2,941.25, surpassing the elusive 2,900 mark for the seventh time since the last week of February to be up 11.3 percent year to date.
A total of 36 securities traded against 35 on Wednesday and ended with 20 rising, eight declining and eight remaining unchanged. The average PE Ratio ended at 16.7 based on ICInsider.com’s forecast of 2020-21 earnings.
Investors traded 5,513,842 shares for $19,693,968 from 6,442,104 units at $19,769,570 Wednesday.  Lasco Manufacturing led trading with 36.7 percent of total volume in exchanging 2.02 million shares, followed by Lumber Depot with 18.1 percent in trading 999,321 units and Jamaican Teas 9.6 percent with a transfer of 531,015 units.
Trading averaged 153,162 units at $547,055 in contrast to 184,060 at $564,845 on Wednesday. The month to date averaged 235,664 units at $670,892, compared to 245,801 units at $686,107 on Wednesday. February closed with an average of 365,365 units at $881,118.
Investor’s Choice bid-offer indicator shows three stock ended with bids higher than their last selling price and four with lower offers.
At the finish, AMG Packaging rose 5 cents to $1.80 with an exchange of 800 shares, CAC 2000 jumped $1.80 to $9.90 with 1,417 units changing hands, Caribbean Assurance Brokers climbed 45 cents to $2.32 with 200,000 stocks passing through the market. Caribbean Cream gained 5 cents to close at $4.85 with 255 shares traded, Caribbean Producers advanced 18 cents to $3.23 with a transfer of 54,591 units, Dolphin Cove rose 14 cents to $9.21 with an exchange of 1,278 stocks. Everything Fresh increased by 21 cents to $1.09 with 44,132 stock units changing hands, Fosrich gained 10 cents to close at $5.25 with 45,400 shares passing through the market, Indies Pharma advanced 30 cents to $3.30 with 116,705 stocks traded. Iron Rock Insurance jumped 30 cents to $3.30 with the transfer of a single unit, ISP Finance dropped $5.04 to $20 with an exchange of 1,400 shares, Jamaican Teas increased 15 cents to $3.24 with 531,015 stocks changing hands. Lasco Distributors slipped 5 cents to $3.70 with 43,656 units passing through the market, Lasco Financial rose 6 cents to $2.69 with 51,951 shares traded, Lasco Manufacturing climbed 17 cents to $4.40 with a transfer of 2,020,846 stock units. Lumber Depot advanced 13 cents to $2.61 with 999,321 units changing hands, Paramount Trading rose 14 cents to $1.45 with 1,000 stock units traded and Stationery and Office Supplies gained 5 cents to close at $4.60 with 7,899 shares crossing the exchange.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Junior Market falters on Wednesday

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Stocks fell in Wednesday’s trading session on the Junior Market of the Jamaica Stock Exchange as the market continues to struggle to break through the 2,900 points barrier, with falling stocks far outnumbering rising ones as investors traded slightly fewer shares than on Tuesday.
Trading ended with 35 securities compared to 39 on Tuesday and ended with just eight stocks rising, while 22 declined and five remained unchanged.
The Market Index lost 8.82 points to closle at 2,894.96. The average PE Ratio ended at 16.5 based on ICInsider.com’s forecast of 2020-21 earnings.
Trading accounted for 6,442,104 shares for $19,769,570 against 6,903,680 units at $18,593,058 on Tuesday. Mailpac Group led trading with 29.8 percent of the total volume of 1.92 million shares, followed by Indies Pharma with 27.2 percent after an exchange of 1.75 million units and Jamaican Teas with 8.8 percent with 560,155 units.
Trading averaged 184,060 units at $564,845, up from 177,017 at $476,745 on Tuesday. Trading month to date averaged 245,801 units at $686,107, down from 254,177 units at $702,557 on Tuesday. February closed with an average of 365,365 units at $881,118.
Investor’s Choice bid-offer indicator reading shows six stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, AMG Packaging dropped 15 cents to $1.75 with 6,125 shares traded, Blue Power fell 10 cents to $4 after trading 12,465 stock units, CAC 2000 shed $1.80 to $8.10 with 1,330 units changing hands. Caribbean Assurance Brokers declined 33 cents to $1.87 with an exchange of 1,933 shares, Caribbean Cream dipped 8 cents to $4.80 with 55,585 stocks crossing the market, Caribbean Flavours slid 6 cents to $2.40 with 318,913 units traded. Caribbean Producers fell 18 cents to $3.05 trading 7,113 stock units, Elite Diagnostic lost 7 cents to end at $2.91 with 16,417 shares changing hands, Fontana rose 5 cents to $5.80 with 65,977 stocks trading. Fosrich declined 15 cents to close at $5.15 with 20,623 units passing through the market, General Accident slipped 5 cents to $5.90 with 156 stock units traded, GWest Corporation rose 10 cents to 97 cents with a transfer of 49,090 units. iCreate rose 6 cents to 85 cents with a transfer of 33,000 shares, Indies Pharma dropped 30 cents to $3 with a transfer of 1,752,216 units, Iron Rock Insurance shed 30 cents to close at $3 with 22,555 stock units changing hands. Jamaican Teas fell 19 cents to $3.09, trading 560,155 shares, Lasco Manufacturing advanced 17 cents to $4.57 with 127,545 stock units passing through the market, Lumber Depot declined 5 by cents to $2.48 with 327,170 units traded. Medical Disposables climbed 61 cents to $4.74 with a transfer of 8,800 shares, Paramount Trading fell 14 cents to $1.31 with 58,400 stocks switching hands, SSL Venture gained 8 cents to close at 64 cents with investors switching ownership of 48,857 units and Stationery and Office Supplies shed $1.04 to finish at $4.55 with 61,323 shares crossing the exchange.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Small gains for Junior Market

Trading closed on Tuesday, with the market rising after advancing stocks outnumbered declining ones as 65 percent fewer shares were exchanged valued 63 percent lower than on Monday, on the Junior Market of the Jamaica Stock Exchange.
Trading closed with 39 active securities up from 37 on Monday with prices of 21 stocks rising, nine declining and nine remaining unchanged.
The Junior Market Index carved out a rise of 4.33 points to close at 2,903.78. The average PE Ratio ended at 16.7 based on ICInsider.com’s forecast of 2020-21 earnings.
Investors traded 6,903,680 shares for $18,593,058 compared to 19,450,213 units at $50,663,938 on Monday. Lumber Depot led trading with 24.9 percent of total volume, after exchanging 1.72 million shares, followed by Jamaican Teas with 19.1 percent for 1.32 million units and Derrimon Trading with 9 percent of the day’s trade for 622,784 units.
Trading averaged 177,017 units at $476,745, versus 525,681 at $1,369,296 on Monday. Trading month to date averaged 254,177 units at $702,557, compared to 267,918 units at $742,771 on Monday. February closed with an average of 365,365 units at $881,118.
Investor’s Choice bid-offer indicator reading shows one stock ending with the bid higher than the last selling price and three with lower offers.
At the close, Blue Power rose 60 cents to $4.10 with 231,056 units changing hands, Caribbean Assurance Brokers gained 36 cents to finish at $2.20 trading 307,655 stocks, Caribbean Producers closed 17 cents higher at $3.23 after exchanging 55,771 shares. Consolidated Bakeries picked up 17 cents to settle at $1.49 with 1,466 units crossing the market, Derrimon Trading rose 5 cents to $2.57 with a transfer of 622,784 stock units, Fosrich rose 15 cents to $5.30 with 81,881 shares crossing the exchange, Honey Bun gained 8 cents to close at $5.10 trading 17,263 stocks. iCreate ended 5 cents higher at 79 cents in swapping 110,000 shares, Indies Pharma lost 15 cents to close at $3.30 with an exchange of 192,075 units. Iron Rock Insurance rose 32 cents in closing at $3.30 in transferring 1,500 shares, Jetcon Corporation picked up 9 cents to close at 79 cents, with an exchange of 2,200 shares, Knutsford Express rose 27 cents to $6.18, with 3,600 stocks changing hands, Lasco Distributors gained 9 cents in closing at $3.74 with the clearing of 8,896 stocks. Lasco Manufacturing rose 5 cents to $4.40 in an exchange of 38,079 shares, Limners and Bards lost 10 cents in ending at $2.50 with the swapping of 365,960 units, Lumber Depot shed 17 cents to close at $2.53 in a switch of ownership of 1,715,865 stock units. Main Event rose 13 cents to $3.48 trading 1,000 units, Medical Disposables shed 36 cents to end at $4.13 with the swapping of 20,000 stock units. Paramount Trading gained 13 cents in closing at $1.45 in trading 52,175 shares, Stationery and Office Supplies advanced 97 cents to $5.59 with an exchange of 22,030 stock units and tTech rose 33 cents to end at $4.75 with 1,500 shares changing hands.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Junior Market fails to break 2,900 points mark

Trading closed on Monday, with the market just eking out a meagre rise with an almost number of stocks rising as declining, with the volume stocks traded jumping 251 percent and the value surging 200 percent higher than on Friday on the Junior Market of the Jamaica Stock Exchange.
Trading ended with 37 securities changing hands up from 34 on Friday and closed with 14 stocks rising, 15 declining and eight remaining unchanged.
The Market Index inched 2.12 points higher to 2,899.45 as the market continues to struggle to break away from the 2,900 points barrier. The average PE Ratio ended at 16.5 based on ICInsider.com’s forecast of 2020-21 earnings.
Trading accounted for 19,450,213 shares at $50,663,938 up from 5,541,055 units at $16,892,321 on Friday. Derrimon Trading led with 67.6 percent of total volume for an exchange of 13.15 million shares, followed by Stationery and Office Supplies with 6.7 percent for 1.30 million units, Lumber Depot chipped in with 5.4 percent of the day’s trade for 1.06 million units and Tropical Battery 5.3 percent with1.03 million units changing hands.
Trading averaged 525,681 units at $1,369,296 up from 162,972 at $496,833 on Friday. Trading month to date averaged 267,918 units at $742,771, compared to 215,515 units at $615,400 on Friday. February closed with an average of 365,365 units at $881,118.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close of the market, Blue Power rose 40 cents to $3.50 in exchanging 114,763 shares, following posting of rising profit for the February quarter. CAC 2000 advanced 40 cents to $9.90 after trading 1,000 units, Cargo Handlers climbed $1.30 to $8.50, with the exchanging of 137 stocks. Caribbean Cream gained 25 cents to end at $4.90 in an exchange of 4,874 shares, Caribbean Producers shed 23 cents to $3.06, with 40,496 stocks crossing the market, Fontana lost 5 cents to end at $5.75, with 59,003 stock units changing hands. Fosrich picked up 8 cents to settle at $5.15 trading 23,330 stocks, GWest Corporation lost 6 cents at 83 cents in exchanging 45,217 shares. Honey Bun finished 8 cents lower at $5.02, with a transfer of 17,120 units, Indies Pharma rose 27 cents to $3.45 after an exchange of 75,927 stocks. Jetcon Corporation slipped 10 cents to 70 cents, with 20,249 stocks changing hands, Knutsford Express lost 9 cents to end at $5.91 with 2,942 shares crossing the exchange, Lasco Distributors slipped 9 cents to $3.65 with investors switching ownership of 48,264 stock units. Limners and Bards lost 5 cents in ending at $2.60 after 114,395 shares crossed the market. Mailpac Group lost 5 cents to end at $3.45 in trading 283,696 stock units, Main Event finished 5 cents lower at $3.35 trading 1,116 shares. Medical Disposables rose 19 cents to $4.49 with 15,796 stocks changing hands, Paramount Trading fell 18 cents $1.32, with an exchange of 25,000 units, SSL Venture declined 8 cents to 56 cents in transferring 56,320 stock units and Stationery and Office Supplies rose 9 cents to $4.62, with 1,299,342 shares clearing the market.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Gains for Junior market

Trading closed on Friday, with the market index rising but with the volume traded falling 47 percent and values 41 percent lower than on Thursday on the Jamaica Stock Exchange Junior Market.
The Market Index rose 24.73 points to 2,897.33 for a gain of 9.6 percent for the year to date. Similar to Thursday, 34 securities changed hands, with 19 rising, 12 declining and three remaining unchanged. The average PE Ratio ended at 16.4 based on ICInsider.com’s forecast of 2020-21 earnings.
Investors exchanged 5,541,055 shares for $16,892,321 down from 10,531,327 units at $28,812,102 on Thursday. Jamaican Teas led trading with 22 percent of total volume for an exchange of 1.22 million shares, followed by Mailpac Group with 17.3 percent for 956,880 units and Caribbean Flavours with 11.8 percent for 656,369 shares.
Trading averaged 162,972 units at $496,833 slipping from 309,745 at $847,415 on Thursday. Trading month to date averaged 215,515 units at $615,400, compared to 227,586 units at $642,639 on Thursday. February closed with an average of 365,365 units at $881,118.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, AMG Packaging gained 10 cents to $1.90 trading 217,976 shares, Blue Power picked up 5 cents to close at $3.10, with 1,695 shares clearing the market, Caribbean Assurance Brokers lost 12 cents to close at $1.83 in transferring 51,669 units. Caribbean Cream lost 14 cents to end at $4.65 after owners switched 2,087 units, Caribbean Producers gained 29 cents at $3.29 trading 5,651 shares, Dolphin Cove advanced 35 cents to $9.35 with 28,368 stock units crossing the exchange. Elite Diagnostic lost 5 cents to finish at $3 with 16,000 stocks changing hands, Fontana gained 5 cents to end at $5.80 trading 29,287 shares, GWest Corporation rose 6 cents to 89 cents with 125,397 units crossing the market, iCreate gained 5 cents to close at 75 cents with the swapping of 31,729 shares. Indies Pharma declined 23 cents to $3.18 after investors exchanged 550,100 stock units. Iron Rock Insurance fell 52 cents to $2.98, with 8,075 shares crossing the market. Knutsford Express slipped 51 cents to $6 in trading 18,167 shares, Lasco Distributors rose 14 cents to $3.74, with 4,197 stock units changing hands. Lasco Manufacturing gained 8 cents in ending at $4.34 after a transfer of 23,242 units, Lumber Depot gained 4 cents to close at $2.68 in an exchange of 522,779 units, Main Event fell 6 cents to $3.40 in an exchange of 14,000 stocks and Paramount Trading rose 18 cents to $1.50 in the switching of ownership of 37,500 stock units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Momentum slips for Junior Market

The momentum gained Wednesday was partially lost at the close of trading on the Junior Market of the Jamaica Stock Exchange Thursday, with the market index declining 14.73 points to 2,872.60 after the volume changing hands grew by 90 percent, with 83 percent more money chased stocks over Wednesday’s levels.
Securities trading, totalled 34 compared to 38 on Wednesday, with prices of 13 rising, 13 declining and eight remaining unchanged. The average PE Ratio ended at 16.4 based on ICInsider.com’s forecast of 2020-21 earnings.
Traders exchanged 10,531,327 shares for $28,812,102 up from 5,551,072 units at $15,784,558 on Wednesday.
Derrimon Trading led the day with 50.9 percent of total volume with a transfer of 5.37 million shares, followed by Jamaican Teas 15.3 percent with 1.61 million units and Caribbean Flavours with 8.5 percent after trading 897,013 units.
Trading averaged 309,745 units at $847,415 in contrast to 146,081 at $415,383 on Wednesday. The month to date, averaged 227,586 units at $642,639, compared to 203,082 units at $581,565 on Wednesday. February closed with an average of 365,365 units at $881,118.
Investor’s Choice bid-offer indicator shows two stocks with bids higher than their last selling prices and one with a lower offer.
At the close, Caribbean Assurance Brokers rose 18 cents to $1.95 with 27,100 shares changing hands, Caribbean Cream gained 14 cents to $4.79 exchanging 656 units, Elite Diagnostic rose 6 cents to $3.05 with 44,500 stocks passing through the market. Fontana fell 10 cents to $5.75 with a transfer of 438,720 shares, Fosrich climbed 17 cents to $5.10 with 188,333 units traded, General Accident rose 41 cents to $5.92 with 1,639 stocks changing hands. iCreate rose 5 cents to 70 cents with an exchange of 166,879 stock units, Iron Rock Insurance lost 10 cents to settle at $3.50 with 3,186 shares passing through the market, Jamaican Teas advanced 14 cents to $3.28 with 1,608,532 units traded. Knutsford Express declined by 9 cents to finish at $6.51 with a transfer of 14,561 stocks, Lasco Distributors fell 10 cents to $3.60 with 148,950 shares changing hands, Lasco Manufacturing dropped 34 cents to $4.26 with investors switching ownership of 154,200 units. Lumber Depot slipped 6 cents to $2.64 with 414,871 stocks traded and SSL Venture gained 8 cents to close at 66 cents with 3,850 shares crossing the exchange.

 Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Junior Market rebounds on Wednesday

Stocks rebounded sharply in trading on Wednesday, wiping out 72 percent of Tuesday’s big loss in the Jamaica Stock Exchange Junior Market index putting it in close touch of the 2,900 points level again.
Trading ended with 38 securities changing hands down from 40 on Tuesday with the prices of 15 stocks rising, 15 declining and eight closing unchanged.
The Junior Market Index jumped 34.13 points to 2,887.33. The average PE Ratio ended at 16.4 based on ICInsider.com’s forecast of 2020-21 earnings.
Investors exchanged 37 percent fewer shares at 45 percent less value than on Tuesday, resulting from trading of 5,551,072 shares for $15,784,558, down from 8,845,580 units at $27,670,299 on Tuesday.
Jamaican Teas led trading with 20.7 percent of total volume of 1.15 million shares, followed by Derrimon Trading with 20.2 percent, with a transfer of 1.12 million units and Mailpac Group with 14.1 of the day’s trade for 782,591 units.
Trading averaged 146,081 units at $415,383 in contrast to 221,140 at $691,757 on Tuesday. The month to date averaged 203,082 units at $581,565, down from 231,583 units at $664,656 on Tuesday. February closed with an average of 365,365 units at $881,118.
Investor’s Choice bid-offer indicator reading shows four stocks ended with bids higher than their last selling prices and none with lower offers.
At the close, Access Financial dropped $2.10 to $20.90, trading 2,830 shares, Caribbean Assurance Brokers fell 8 cents to $1.77 with 76,811 stocks changing hands, Caribbean Flavoursclimbed 40 cents to $2.50 trading 601,102 units. Caribbean Producers slipped 5 cents to $2.98 with 47,814 shares passing through the market, Everything Fresh declined by 16 cents to close at 84 cents with a transfer of 30,224 stocks, Express Catering jumped 55 cents to $3.62 with an exchange of 750 stock units. Fosrich advanced 33 cents to $4.93 with 16,765 shares changing hands, GWest Corporation fell 10 cents to 81 cents with 37,500 units traded,  iCreate dropped 15 cents to 65 cents with 219,224 stocks passing through the market. Iron Rock Insurance shed 20 cents to $3.60 trading 60 stock units, Jamaican Teas rose 5 cents to $3.14 with an exchange of 1,146,572 shares, Jetcon Corporation gained 6 cents to 79 cents with 6,935 units changing hands. Knutsford Express fell 10 cents to $6.60 with 299 stocks traded, Lasco Distributors increased by 10 cents to $3.70 with 22,964 stock units passing through the market, Lasco Financial rose 11 cents to $2.65 trading 10,120 shares. Lasco Manufacturing advanced 34 cents to $4.60 with an exchange of 13,486 units, Lumber Depot rose 5 cents to $2.70 with 647,253 stocks changing hands, Mailpac Group increased by 14 cents to end at $3.49 with 782,591 stock units traded. Main Event climbed 32 cents to $3.47 with 900 shares passing through the market, Paramount Trading dropped 18 cents to $1.32 with a transfer of 449 stocks, SSL Venture slipped 6 cents to 58 cents with an exchange of 128,962 units and tTech rose 10 cents to $4.40 trading 90,000 units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Plunging Junior Market

Stocks plunged sharply at the close of trading on Tuesday, with the Market Index plunging 47.41 points to 2,853.20 as 20 stocks lost value on the Junior Market of the Jamaica Stock Exchange as volume and value of trading relatively close to Monday’s levels.
Trading ended with 40 securities compared to 36 on Monday and closed with the prices of 14 stocks rising, 20 declining and six ending unchanged. The average PE Ratio ended at 16.3 based on ICInsider.com’s forecast of 2020-21 earnings.
Investors exchanged 8,845,580 shares for $27,670,299 compared to 8,754,737 units at $22,843,556 on Monday. Fosrich led trading with 35.2 percent of total volume, after an exchange of 3.12 million shares, followed by Mailpac Group with 11.9 percent for 1.05 million units and SSL Venture with 11.3 percent market share for 999,222 units.
Trading averaged 221,140 units at $691,757 in contrast to 243,187 at $634,543 on Monday. Trading month to date averages 231,583 units at $664,656. Trading in February closed with an average of 365,365 units at $881,118.
Investor’s Choice bid-offer indicator reading shows six stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, Access Financial shed 15 cents to close at $23 with 446 shares changing hands, Cargo Handlers dropped $1.51 to $7.20 after trading 32,684 stock units. Caribbean Cream fell 14 cents to $4.65 after exchanging 69,212 stocks, Caribbean Flavours rose 20 cents to $2.10, in transferring 641,175 shares, Caribbean Producers picked up 8 cents at $3.03, in switching ownership of 37,966 stocks. Dolphin Cove advanced $1 to $9, after an exchange of 600 units, Everything Fresh shed 21 cents to close at $1 in exchanging 244,987 stocks, after the company reported poor 2020 results with a big loss, Express Catering fell 55 cents to close at $3.07 trading 35,200 stock units, Fontana declined 7 cents to $5.89, with 70,801 units changing hands. Fosrich lost 5 cents to close at $4.60, in trading 3,117,229 shares, General Accident gained 5 cents to close at $5.55 in exchanging 14,000 units, GWest Corporation ended 9 cents higher at 91 cents, with the swapping of 2,437 units. iCreate lost 10 cents in closing at 80 cents after trading 644,148 stock units, Iron Rock Insurance rose 20 cents to end at $3.80 with 41 shares crossing the exchange. Knutsford Express fell 10 cents to $6.70 in transferring 34,497 stocks, Lasco Manufacturing lost 7 cents to close at $4.26 with 95,408 shares crossing the exchange, Limners and Bards dipped 14 cents to $2.65 in trading 47,543 units, Lumber Depot picked up 8 cents to end at $2.65, with the swapping of 582,767 shares. Mailpac Group shed 21 cents to end at $3.35, exchanging 1,054,580 stock units, Main Event gained 10 cents to end at $3.15, with 2,990 stocks changing hands, Medical Disposables fell 20 cents to $4.30 in transferring 174 units. SSL Venture lost 6 cents to close at 64 cents, after an exchange of 999,222 stock units, Stationery and Office Supplies rose 53 cents to $4.53 trading 320 stocks and tTech lost 5 cents in closing at $4.30, in switching ownership of 72,465 stocks.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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