The overall measure of market value of trading stocks swung between extremes on Tuesday, on the Junior Market of the Jamaica Stock Exchange, with the market index hitting a high for the day at 3,380.29 shortly after the opening but fell just over 73 points to hit a low for the day at 3,307.03 before recovering a fraction of the dip to close with a lost 2.72 points from Monday’s close to settle at 3,322.01.
Overall, 38 securities traded compared to 39 on Monday and ended, with 13 rising, 17 declining and eight closing unchanged.
The PE Ratio based on ICInsider.com’s 2021-22 earnings forecast averages 12.6.
The volume of stocks traded declined 74 percent, with 55 percent less value than on Monday. Overall, 3,647,436 shares traded for $13,200,802, down from 13,810,331 units at $29,320,428 on Monday.
Lasco Manufacturing controlled 15.9 percent of total volume, with 580,585 shares, followed by Future Energy Source, 11.1 percent with 406,589 units and Lumber Depot with 8.1 percent after exchanging 295,410 units.
Trading averaged 95,985 units at $347,390 in contrast to 354,111 at $751,806 on Monday. May closed with an average of 318,089 units at $760,337.
Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, CAC 2000 rose 22 cents to $9.45 with 7,751 shares changing hands, Caribbean Assurance Brokers lost 7 cents to close at $1.90 with an exchange of 50,477 stock units, Caribbean Cream dropped 30 cents to $5.60 with 31,693 units passing through the market. Caribbean Flavours slipped 5 cents to $2.05, with 159,884 stocks traded, Caribbean Producers rose 5 cents to $3.85 with a transfer of 184,374 shares, Dolphin Cove jumped $1.20 to $8 with 14,861 units changing hands. Everything Fresh gained 5 cents to finish at $1.04, with an exchange of 20,050 stocks, Express Catering fell 30 cents to $4.70 in switching ownership of 112,404 shares, Fontana slipped 5 cents to $5.95 with 53,817 stocks passing through the market. Honey Bun lost 10 cents to end at $6.75 with 52,259 units traded, Indies Pharma rose 6 cents to $3.90 with a transfer of 45,948 shares, Jamaican Teas fell 7 cents to $4 with 212,786 stock units changing hands. Jetcon Corporation gained 9 cents to settle at $1.03 with an exchange of 168,030 units, Knutsford Express shed 98 cents to close at $7.02 with 1,691 stocks passing through the market, Lasco Distributors advanced 18 cents to $4.14 with 153,147 shares traded. Lasco Financial climbed 24 cents to $3.99 with a transfer of 216,011 units.
Lasco Manufacturing rose 8 cents to $5.60 with 580,585 stock units changing hands, Medical Disposables jumped 65 cents to $5.05 with 679 stocks passing through the market. Stationery and Office Supplies gained 15 cents to end at $8.15 with 10,860 units traded and tTech dropped $1.18 to close at $5.07 with 2,600 shares crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Market activity led to 39 securities trading, down from 41 on Friday, with 21 rising, 11 declining and seven closing unchanged.
Trading averaged 354,111 units at $751,806, down from 148,909 at $414,611 on Friday. The month to date averaged 318,089 units at $760,337, compared to 316,141 units at $760,798 on Friday. April closed with an average of 329,241 units at $854,716.
Lumber Depot advanced 10 cents to $3.40 with 155,164 shares passing through the market, Mailpac Group rose 5 cents to $3.76 with 248,853 units changing hands, Medical Disposables shed 60 cents to close at $4.40 with 18,477 stock units traded. SSL Venture gained 8 cents to end at 63 cents with investors swapping 6,366 stocks, Stationery and Office Supplies dropped 20 cents to $8 with a transfer of 10,501 units and Tropical Battery fell 7 cents to $1.15 with 583,616 shares crossing the exchange.
Trading ended with 41 active securities compared to 37 on Thursday and closed with 16 rising, 18 falling and seven unchanged.
Trading averaged 148,909 units at $414,611, down from 258,025 at $550,419 on Thursday. Trading month to date averages 316,141 units at $760,798, compared to 326,224 units at $781,671 on Thursday. April closed with an average of 329,241 units at $854,716.
Honey Bun lost 17 cents in trading 7,181 stock units at $6.80, Iron Rock Insurance gained 5 cents to finish at $3.25 with 200,000 units crossing the market, Knutsford Express rose 30 cents to $8.30 with 14,497 units changing hands, Lasco Distributors lost 5 cents in closing at $4.25 with the swapping of 27,858 stocks. Lasco Financial ended 35 cents higher at $3.75 after exchanging 171,636 stocks, Lasco Manufacturing gained 15 cents in closing at $5.50 with the swapping of 160,799 shares, Limners and Bards lost 5 cents to settle at $3.15 in exchanging 454,746 units. Main Event rose 45 cents to $4.65 after a transfer of 125 stocks, SSL Venture fell 8 cents to 55 cents in exchanging 10,100 shares and Stationery and Office Supplies gained 10 cents in closing at $8.20 with investors switching ownership of 1,000 stock units.
A total of 37 securities traded versus 36 on Wednesday, with 12 rising, 19 declining and six closing unchanged.
Investor’s Choice bid-offer indicator shows one stock ending with the bid higher than its last selling price and four with lower offers.
KLE Group climbed 28 cents to $1.30 with 68,000 stocks passing through the market, Knutsford Express fell 10 cents to $8 with 500 shares traded, Lasco Distributors rose 11 cents to $4.30 with an exchange of 118,363 units. Lasco Manufacturing dropped 14 cents to $5.35 with 73,518 stocks changing hands, Limners and Bards slipped 5 cents to $3.20 with a transfer of 149,575 stock units, Lumber Depot lost 10 cents to settle at $3.30 with 373,843 stocks traded and Main Event advanced 20 cents to $4.20 with 1,582 shares crossing the exchange.
Investor’s Choice bid-offer indicator shows two stocks ending with bids closing higher than their last selling prices and three with lower offers.
Lumber Depot increased by 15 cents to end at $3.40 with 333,743 units traded, Mailpac Group lost 6 cents to close at $3.75 with 235,899 stock units changing hands, Main Event dropped 30 cents to $4 with investors switching ownership of 133,079 stocks. SSL Venture gained 8 cents to settle at 63 cents with 4,746 units traded and Tropical Battery rose 6 cents to $1.22 with 1,175,768 shares crossing the exchange.
At the close, Access Financial advanced $1.96 to finish at $22.16, trading 49 shares, Caribbean Assurance Brokers dropped 11 cents to close at $1.89, after 7,131 stock units crossed the market, Caribbean Cream fell 14 cents to $5.52, with 43,307 shares changing hands, Caribbean Flavours dropped 10 cents to end at $2.05 in exchanging 134,970 units. Caribbean Producers shed 20 cents to close at $3.55, with 60,909 stocks clearing the market, Consolidated Bakeries shed 20 cents in ending at $1.50 after exchanging 35,150 shares, Derrimon Trading dropped 6 cents to $2.44, with 203,827 stock units changing hands. Dolphin Cove lost 11 cents to end at $7.50 after trading 1,583 stock units, Express Catering lost $1.08 to end at $4.42 with an exchange of 35,563 units. Fontana climbed 9 cents to $6.15, trading 98,368 stocks, Gwest Corporation climbed 20 cents to $1 in switching ownership of 487,358 units. Jetcon Corporation shed 7 cents in closing at 95 cents after trading 101,563 units, Knutsford Express fell 5 cents to $8.30 in switching ownership of 2,107 stock units, Lasco Distributors lost 15 cents to end at $4 with an exchange of 49,113 stocks.
Lasco Financial fell 14 cents to $3.16, with 29,785 stock units crossing the exchange, Limners and Bards fell 15 cents to $3.21 after 148,066 units cleared the exchange. Mailpac Group rose 6 cents $3.81 after exchanging 216,045 units, SSL Venture declined 9 cents to 55 cents in an exchange of 50,318 stocks and Stationery and Office Supplies fell 20 cents to $8.10, trading 27,915 shares.
At the close, Access Financial fell $1.95 to $20.20 after exchanging 142 shares, Blue Power climbed 27 cents to $3.97, trading 608 shares. Cargo Handlers rose 70 cents to $8.70, with one stock unit changing hands, Caribbean Cream dropped 34 cents $5.66 in exchanging 2,750 units, Caribbean Flavours increased 5 cents to $2.15, with 9,558 stock units crossing the market. Caribbean Producers advanced 10 cents to end at $3.75 with the swapping of 73,746 units, Dolphin Cove lost 39 cents to end at $7.61 in trading 40,788 units. Elite Diagnostic fell 20 cents to $3 in switching ownership of 223,848 units, Fontana advanced 6 cents to $6.06 while exchanging 102,677 stocks. Fosrich advanced 11 cents to $8.50, trading 53,297 units, Future Energy Source climbed 3 cents to $1.05 in exchanging 4,624,020 units, Honey Bun fell 24 cents to $6.75 with the swapping of 51,683 stock units. Iron Rock Insurance declined 80 cents to $3.20 with the swapping of 7,150 stock units. Jamaican Teas rose 7 cents to $4.03, with 451,911 stocks hanging hands, Jetcon Corporation lost 8 cents in ending at $1.02 after exchanging 669,133 stock units, KLE Group rose 19 cents to close at $1.21 with an exchange of 800 stocks.
Knutsford Express declined 9 cents to $8.35 while exchanging 53,847 stock units, Lasco Financial lost 10 cents in closing at $3.30, with 295,424 stocks switching ownership, Lasco Manufacturing climbed 8 cents to $5.48 in trading 165,451 units. Limners and Bards gained 6 cents to close at $3.36 after 77,292 units changed hands, Mailpac Group declined 12 cents to $3.75 in an exchange of 105,978 stocks. Main Event declined 39 cents in closing at $4.30 after trading 41,268 shares and tTech rose 25 cents to $6.25 with 1,398 shares clearing the market.
Lasco Manufacturing was next, with 9.5 percent of total volume after trading 1.95 million units, while Lumber Depot accounted for 4.1 percent of total volume with an exchange of market 847,830 units.
Investor’s Choice bid-offer indicator shows one stock ending with the bid higher than its last selling price and one with a lower offer.
Lasco Manufacturing increased by 5 cents to close at $5.40 with 1,948,675 stocks changing hands, Limners and Bards fell 10 cents to $3.30 with 213,795 shares traded, Main Event advanced 19 cents to $4.69 with 35,831 units passing through the market. Paramount Trading fell 12 cents to $1.30 with investors switching ownership of 3,000 stocks, Stationery and Office Supplies dropped 22 cents to $8.28 with a transfer of 36,669 stock units and tTech jumped $1 to $6 with 6,211 shares crossing the exchange.
At the close, Access Financial dropped $1.49 to $20.01 with an exchange of 9,017 shares, Blue Power fell 20 cents to $3.70 with 20,550 units changing hands, CAC 2000 fell $2.70 to $7 after 10 stock units changed hands. Caribbean Assurance Brokers lost 10 cents to close at $1.90 with 16,037 shares traded, Caribbean Cream slipped 5 cents to $6 with a transfer of 3,028 units, Consolidated Bakeries declined by 9 cents to $1.46 with an exchange of 3,859 stocks. Dolphin Cove dropped 48 cents to$7.50 with 7,442 stock units changing hands, Elite Diagnostic fell 51 cents to $3.09 with 9,030 units passing through the market, Express Catering shed 70 cents to end at $5 with investors switching ownership of 33,037 shares. Fontana slipped 10 cents to $6 with 98,435 stocks traded, General Accident gained 10 cents to close at $5.80 with a transfer of 500 shares, Honey Bun dropped 29 cents to $6.50 with an exchange of 15,222 units. Indies Pharma advanced 30 cents to $3.90 with 2,938 stocks changing hands, Jamaican Teas rose 6 cents to $3.95 with 2,244,608 stock units passing through the market, Jetcon Corporation lost 6 cents to land at 85 cents with 97,326 shares traded.
Lasco Distributors dropped 20 cents to $4 with a transfer of 13,200 stocks, Lasco Manufacturing slipped 5 cents to $5.35 with 60,180 units changing hands, Limners and Bards declined by 5 cents to close at $3.40 with 69,773 shares passing through the market. Lumber Depot fell 19 cents to $3.26 with 903,509 stocks traded, Medical Disposables climbed 28 cents to $4.98 with a transfer of 245 units and SSL Venture gained 8 cents to close at 64 cents with 176,140 shares crossing the exchange.
Trading ended with 38 active securities from 40 on Monday resulting in an exchange of 9,672,190 shares for $32,065,947 down from 13,103,080 units at $39,313,013 on Monday.
The PE Ratio based on ICInsider.com’s forecast of 2021-22 earnings averaged 12.6.
Jamaican Teas slipped 6 cents to $3.89 with 1,527,305 shares passing through the market, Jetcon Corporation rose 5 cents to 91 cents with 187,309 units traded, Knutsford Express jumped 80 cents to $8 with a transfer of 274 stocks. Lasco Distributors gained 5 cents to close at $4.20 with an exchange of 18,634 stock units, Limners and Bards climbed 42 cents to settle at 52 weeks’ high of $3.45 with investors switching ownership of 345,420 shares, Lumber Depot advanced 42 cents to a record high of $3.45 with 334,579 units passing through the market. Mailpac Group increased by 21 cents to finish at $3.87 with 1,613,713 stocks traded, Medical Disposables gained 30 cents to settle at $4.70 with a transfer of 2,755 stock units, SSL Venture slipped 9 cents to 56 cents with 23,076 units changing hands. Stationery and Office Supplies jumped 87 cents to $8.50 with investors switching ownership of 267,890 stocks and tTech dropped 90 cents to close at $5 with 44,301 shares crossing the exchange.