Junior Market breaks winning streak

After four consecutive days of gains, the Junior Market of the Jamaica Stock Exchange lost altitude on Tuesday, after more stocks fell than rose as 45 percent fewer shares traded than on Monday.
Trading ended with 34  securities changing hands compared to 33 on Monday and concluded with the prices of nine stocks rising, the prices of 15  declining and 10 with prices remaining unchanged.
At the close, the Junior Market index fell 27.35 points to close at 2,520.13. The average PE Ratio of the market ended at 10.7 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 1,170,245 shares for $5,056,500 compared to 2,115,554 units at $5,271,667 on Monday. Fontana led trading with 44.3 percent of total volume with an exchange of 518,595 shares, followed by Mailpac Group with 11.4 percent of the day’s trade or 133,095 units and  Derrimon Trading with 95,492 units for 8.2 percent market share.
Trading ended with an average of 34,419 units at $148,721 in contrast to 64,108 at $159,747 on Monday. For the month to date, the average trade resulted in an exchange of 99,609 units at $223,021,  compared to 103,144 units at $227,050 on Monday. Trading in  August resulted in an average of 104,414 units at $321,996.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows six stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close of the market, Access Financial lost $2.42 to end at $22 with 807 shares changing hands, AMG Packaging rose 1 cent to finish at $1.80 in an exchange of 5,000 shares, Blue Power dropped 44 cents to settle at $3.16 with 16,500 stock units passing through the market. Caribbean Assurance Brokers gained 16 cents to close at $2.01 with 12,289 stock units traded,  Caribbean Flavours fell 2 cents to $18.16 with investors transferring 58,008 shares, Consolidated Bakeries declined 22 cents to settle at $1.12 in an exchange of 7,230 stocks. Derrimon Trading advanced 18 cents to end at $2.93 with 95,492 units passing through the market, Dolphin Cove lost 10 cents to finish at $6.90 with 1,240 shares changing hands, Elite Diagnostic gained 8 cents to close at  $3.12 with 2,010 shares traded. Express Catering climbed 55 cents to end at $4.10  with investors switching ownership of 500 shares, Fontana fell 7 cents to settle at $4.73and exchanged 518,595  shares, Fosrich slipped 9 cents to finish at $3.51 with 9,154  stocks passing through the market. General Accident dropped 28 cents to close at $6.30 with 2,200 shares traded, Honey Bun fell 14 cents to end at $4.85 with 12,000 stocks changing hands, Indies Pharma finished 1 cent lower at $2.80 with an exchange of just 5 stock units. Jamaican Teas advanced 5 cents to settle at $4.30 with investors transferring 23,549 units, Jetcon Corporation gained 7 cents and traded 9,840 stock units to end at 99 cents, Lasco Financial lost 6 cents to close at  $2.08 with 54,000 shares passing through the market. Lumber Depot increased 13 cents to finish at $1.08 with investors switching ownership of 81,959 stocks, Mailpac Group declined 3 cents to settle at $2.05 with an exchange of 133,095  shares, Medical Disposables fell 4 cents to end at $5.02 with 3,476 units changing hands. SSL Venture dropped 20 cents to close at 54 cents with 250  shares passing through the market, Stationery and Office Supplies dived $1.54 to settle at $4.01, trading 36,685 stock units and tTech advanced 28 cents to finish at $6.28 with 9,971 shares crossing the exchange.

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

Four days of gains for Junior Market

Another day of a rising market brought the total to four consecutive days of the Junior Market of the Jamaica Stock Exchange after more stocks declined than rose, with 7 percent fewer shares trading than on Friday.
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.
At the close, the Junior Market Index squeezed out a rise of 8.31 points to close at $2,547.48. The average PE Ratio of the market ended at 10.8 based on IC Insider.com forecast of 2020-21 earnings.
The market closed with an exchange of 2,115,554 shares for $5,271,667 compared to 2,268,215 units at $5,993,926 on Friday. Mailpac Group led trading with 27.5 percent of total volume for 581,872 shares, followed by Lumber Depot with 24.8 percent or 523,710 units and Jamaican Teas with 279,830 units, 13.2 percent market share.
Trading ended with an average of 64,108 units at $159,747 in contrast to 73,168 at $193,352 on Friday. For the month to date, the average trade resulted in an exchange of 103,144 units at $227,050 compared to 105,313 units at $212,908 on Friday. Trading in  August resulted in an average of 104,414 units at $321,996.
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.
At the close of the market, AMG Packaging lost 1 cent to close at $1.79 trading 3,250 units, Blue Power rose 45 cents to $3.60, after exchanging 5,020 stock units, Cargo Handlers lost 10 cents to settle at $7.80, after clearing the market with 5,065 stock units. Caribbean Cream jumped 44 cents to $4.32, with investors swapping 2,000 units, Caribbean Flavours climbed 69 cents to settle at $18.18, with an exchange of 2,001 units. Caribbean Producers lost 5 cents to settle at $2.30, after clearing the market with 60,734 shares, Express Catering shed 50 cents in closing at $3.55, with 2,015 stock units crossing the exchange, Fosrich lost 30 cents to settle at $3.60, with 650 units crossing the market. General Accident fell to $6.58, with a loss of 46 cents trading 13,706 stock units, 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.
In the preference segment of the market, CAC 2000 9.5% preference shares rose 15 cents to end at $1.17 trading 24 units.

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

More gains for the Junior Market – Friday

There were more gains for the Junior Market of the Jamaica Stock Exchange at the close on Friday, following gains on two previous days, with the market index rising after trading picked up, with 33 percent more shares changing hands with a 48 percent increase in value than on Thursday.
Trading concluded with 31 securities changing hands compared to 33 on Thursday and ended with 10 stocks rising, the prices of 13  declining and eight with prices remaining unchanged.
At the close, the Junior Market Index carved out a meager gain of 5.05 points to settle at 2,539.17. The average PE Ratio of the market ended at 10.8 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 2,268,215 shares for $5,993,926 compared to 1,700,358 units at $4,040,852 on Thursday. Mailpac Group led trading with 38.5 percent of total volume, with an exchange of 872,171 shares, followed by Lumber Depot with 15.1 percent of the day’s trade or 342,738 units for and Fontana carved out an 8.7 percent market share with 198,418 units.
Trading ended with an average of 73,168 units at $193,352, up from 51,526 at $122,450 on Thursday. For the month to date, the average trade resulted in an exchange of 105,313 units at $212,908, compared to 107,083 units at $232,850 on Thursday. Trading volume for the month to date is in with August’s average of 104,426 units at $321,996.
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 five with lower offers.
At the close of the market, Access Financial rose $2.42 to $24.42 with 204 shares changing hands, Cargo Handlers declined 5 cents to end at $7.90 with an exchange of  10,000 stocks units, Caribbean Assurance Brokers lost 6 cents to finish at $1.85 with investors transferring 48,000 units. Caribbean Cream shed 46 cents to close at $3.88 with 1,010 shares traded,  Caribbean  Flavours dropped 70 cents to settle at  $17.49 with 3,009 shares passing through the market, Caribbean Producers gained 5 cents to end at $2.35 with investors switching ownership of 3,865 units.  Consolidated Bakeries fell 15 cents to finish at $1.34 in an exchange of 9,826 stock units, Elite Diagnostic closed 2 cents higher at $3.04 with 126,229 shares changing hands, Express Catering lost 15 cents to settle at $4.05 with 1,400 shares traded. Fontana rose 1 cent to end at $4.80 with 198,418 stock units passing through the market, Fosrich climbed 30 cents to finish at $3.90 with investors switching ownership of 9,113 shares, General Accident advanced 84 cents to close at $7.04 with an exchange 70,269 stock units. Honey Bun dropped 28 cents to settle at $4.71 with 38,000 stock units changing hands, Indies Pharma slipped 2 cents to $2.81 with 81,707 shares traded, Jamaican Teas climbed 32 cents to end at $4.59 with investors transferring 46,300 stock units. Knutsford Express fell 10 cents to finish at $6.80 with 1,000 stocks passing through the market, Lasco Distributors gained 10 cents to close at $3.10 trading 63,350 shares, Lasco Manufacturing declined 10 cents to close at $3.50 with investors switching ownership of 56,694 shares. Limners and Bards lost 4 cents to end at $2.65 with 48,164 shares changing hands, Lumber Depot fell 4 cents and traded 342,738 stocks to settle at $1.05, Main Event added 1 cent to finish at $3.38 with 3,560 units passing through the market. Medical Disposables gained 8 cents to end at $5.08 with 9,001 stock units traded and  Stationery and Office Supplies fell 5 cents to close at $5.55 with 12,340 stock units crossing the exchange.

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

Junior Market inches higher – Thursday

The Junior Market of the Jamaica Stock Exchange closed higher on Thursday, as the number of stocks rising and falling held even after 56 percent fewer shares changed hands than on Wednesday.
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.
At the close, the Junior Market Index gained 11.7 points to settle at 2,534.12. The average PE Ratio of the market ended at 10.9 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 1,700,358 shares for $4,040,852 compared to 3,872,328 units at $9,887,155 on Wednesday.  Mailpac Group led trading with 54.8 percent of the total volume, accounting for 931,763 shares, followed by Fontana with 10.7 percent for 182,377 units and Lumber Depot with 160,000 units, 9.4 percent market share.
Trading ended with an average of 51,526 units at $122,450 in contrast to 168,362 at $429,876 on Wednesday. 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.
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 three with lower offers.
At the close of the market, Access Financial lost $2.98 to finish at $22 with an exchange of 1,202 shares, Blue Power declined 16 cents to $3.15 with 3,397 stocks traded, Cargo Handlers fell 5 cents to settle at $7.95 with investors transferring just eight units. Caribbean Assurance Brokers closed 1 cent higher at $1.91 with 100 stocks changing hands, Caribbean Cream climbed 48 cents to finish at $4.34 with investors switching ownership of a mere 100 shares, Derrimon Trading dropped 10 cents to settle at $2.75 with an exchange of 20,209 shares.  Elite Diagnostic lost 18 cents to end at $3.02 with 34,813 stocks passing through the market, Fontana rose 7 cents to close at $4.79 with 182,377 units changing hands, Fosrich shed 35 cents to $3.60 with 37,316 units traded. 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.
In the preference segment, Derrimon Trading advanced 5 cents to close at $2.05, with 2,165 shares changing hands.

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

Junior Market loses ground – Tuesday

The Junior Market of the Jamaica Stock Exchange closed lower on Tuesday after surging higher during morning activity after more stocks rose than fell with trading resulted in 192 percent more shares changing hands at over twice the value as on Monday.
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.
At the close, the Junior Market Index lost 22.73 points to settle at 2,497.45, with the average PE Ratio ended at 10.5  based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 6,509,165 shares for $8,991,954 compared to 2,230,691 units at $4,393,330 on Monday.
Lumber Depot led trading with 84.7 percent of total market volume, with 5.51 million shares, followed by Mailpac Group with 6.9 percent or 446,478 units and Limners and Bards with 114,036 units for 1.8 percent market share.
Trading ended with an average of 191,446 units at $264,469 in contrast to 69,709 at $137,292 on Monday. For the month to date, the average trade resulted in an exchange of 107,919 units at $231,098 compared to 101,915 units at $228,699on Monday. Trading in August resulted in an average of 104,426 units at $321,996.
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.
At the close of the market, Access Financial advanced 78 cents to end at $22.50 with 1,522 shares passing through the market, CAC 2000 gained $2.85 to finish at $14.75 with an exchange of 42 stocks, Caribbean Cream lost 44 cents to settle at $3.86 with 319 stock units changing hands. Caribbean Flavours jumped $1.15 to close at $18.19 after trading 25,927 units, Consolidated Bakeries rose 12 cents to end at $1.49 with investors switching ownership of 364 shares, Elite Diagnostic fell 19 cents to settle at $3.20 in an exchange of 1,863 units. Everything Fresh gained 6 cents to finish at 71 cents with investors transferring 9,769 stock units, Express Catering slipped 5 cents to $4.20 with 2,041 stocks changing hands, Fontana closed 5 cents higher at $4.70 with 89,256 stock units traded. General Accident shed 90 cents to end at $6.15 with 174 shares passing through the market, Honey Bun declined by 1 cent to finish at $4.99 in an exchange of 17,605 stock units, iCreate rose 10 cents to settle at 72 cents with investors switching ownership of 200 units. 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.

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

Junior Market rallies on Thursday

The Junior Market of the Jamaica Stock Exchange closed on Thursday, with the market rising as more stocks rose than fell as investors traded 37 percent fewer shares than Wednesday, but with almost the same dollar value.
Trading ended with 31 securities changing hands compared to 29 on Wednesday and ended with the prices of 17 stocks rising, the prices of 10 stocks declining and four, with remaining unchanged.
At the close, the Junior Market Index gained 25.28 points to settle at 2,508.27. The average PE Ratio of the market ended at 10.7 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 1,750,144 shares for $6,183,716 compared to 2,756,985 units at $6,229,918 on Wednesday.
Mailpac Group led trading with 29.2 percent of total volume resulting in an exchange of 510,609 shares followed by Main Event, with 20.7 percent for 362,231 units and Indies Pharma with 9.3 percent or 162,846 stock units.
Trading ended with an average of 56,456 units at $199,475 in contrast to 95,068 at $214,825 on Wednesday. For the month to date, the average trade resulted in an exchange of 104,530 units at $241,734 compared to 108,463 units at $245,191  on Wednesday. Trading in  August resulted in an average of  104,426 units at $321,996.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows five stocks ended with bids higher than their last selling prices and three with lower offers.
At the close of the market, Access Financial lost 2 cents to end at $21.56 in an exchange of 100 shares, AMG Packaging gained 24 cents to finish at $1.80 after trading 4,500 stock units, Blue Power gained 46 cents to settle at $3.50 with 35,357 units changing hands. Caribbean Assurance Brokers added 1 cent to close at $1.92 with 2,093 shares passing through the market, Caribbean Cream climbed 30 cents to settle at $4.30 with investors switching ownership of a mere 1,000 stocks, Caribbean Flavours declined by 56 cents to settle at $17.04 with 46,963 stocks traded. Caribbean Producers fell 3 cents to $2.32 in an exchange of 8,000 shares, Consolidated Bakeries lost 15 cents to settle at $1.35 with investors transferring 566 shares, Dolphin Cove rose 10 cents to finish at  $7 with 100 stock units changing hands. Elite Diagnostic closed 3 cents higher at $3.28 with 26,921 units passing through the market, Everything Fresh fell 6 cents to settle at 65 cents in an exchange of 22,000 stocks, Express Catering declined 15 cents to end at $4.20 with investors trading 10,487 units. Fosrich gained 4 cents to close at $3.64 with an exchange of 19,081 stocks, General Accident jumped 70 cents to finish at $7 with 110,300 stocks traded, GWest Corporation advanced 2 cents to end at 98 cents with 500 stock units passing through the market. Honey Bun gained 38 cents to settle at $5.09 with 200 shares changing hands, Jamaican Teas advanced 50 cents to close at $4.55 while exchanging 192 stocks, Knutsford Express lost 5 cents to finish at $6.85 with 1,100 stocks traded. Lasco Distributors increased 7 cents to end at $3.07 with 2,862 stock units passing through the market,  Lasco Financial slipped 3 cents to $2.10 with investors transferring 22,581 shares Lasco Manufacturing advanced 12 cents to close at $3.65 with 123,555 stocks changing hands. Limners and Bards lost 17 cents to finish at $2.70 with an exchange of 7,432 stock units, Lumber Depot declined by 5 cents to settle at $1.04 with investors switching ownership 0f 58,541 shares, Mailpac Group traded 510,609 stock units and rose 1 cent to end at $2.06. Medical Disposables climbed 15 cents to $5.14 in an exchange of 50,000 shares, Stationery and Office Supplies climbed 2 cents to finish at $5.60 with investors transferring  1,200 stock units and tTech gained 5 cents to settle at $5.80 with 123 stocks crossing the exchange.

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

Fall for Junior Market

The Junior Market of the Jamaica Stock Exchange closed on Wednesday, with the market declining after almost twice as many stocks fell than rose leading to the trading of 42 percent fewer shares and 36 percent less value than on Tuesday.
Trading ended with 29 securities changing hands compared to 35 on Tuesday and concluded with the prices of nine stocks rising, the prices of 16 stocks declining and four with prices remaining unchanged.
At the close, the Market Index declined 28.78 points to settle at 2,482.99. The average PE Ratio of the market ended at 10.6 based on IC Insider.com’s forecast of 2020-21 earnings. The market closed with an exchange of 2,756,985 shares for $6,229,918 compared to 4,714,749 units for $9,788,364  on Tuesday.
Lumber Depot led trading with 56.9 percent of total volume amounting to 1.57 million shares followed by Express Catering with 12.9 percent or 357,000 units and  Jamaican Teas with 210,090 units for 7.6 percent market share.
Trading ended with an average of 95,068 units at $214,825 in contrast to 134,707 at $279,668 on  Tuesday. For the month to date, the average trade resulted in an exchange of 108,463 units at  $245,191, compared to 109,572 units at $247,707 on Tuesday. Trading in August resulted in an average of 104,426 units at $321,996.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows five stocks ended with bids higher than their last selling prices and three with lower offers.
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.
In the preference segment, CAC 2000 9.5% slipped 1 cent to end at $1.01 trading 48,370 shares.

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

Junior Market gave up big morning gains

Trading in the morning session of the Junior Market of the Jamaica Stock Exchange saw the market index shooting past 2,560 points, up more 40 points, but the market gave back those gains and more by the close on Tuesday, to end down by 10.17 points at 2,511.77.
Trading ended with 35 securities changing hands compared to 30 on Monday and closed with the prices of 17 stocks rising, 13 declining and five remaining unchanged. At the close of the market, the average PE Ratio ended at 10.7 based on IC Insider.com forecast of 2020-21 earnings.
The market closed with an exchange of 4,714,749 shares, 62 percent less than 12,259,583 units on Monday. The value of stocks trading fell 36 percent to $9,788,364 compared to $15,273,356 on Monday.  Lumber Depot led trading with 65 percent of total volume and accounted for 3.06 million shares, followed by General Accident with 5.9 percent for 280,001 units and Express Catering, with 5.7 percent or 269,000 shares.
Trading ended with an average of 134,707 units at $279,668 in contrast to 408,653 at $509,112 on Monday. For the month to date, the average trade was 105,367 units at $239,176, in comparison to 106,780 units at $244,156 on Monday. Trading in August resulted in an average of 104,426 units at $321,996.
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.
At the close of the market, Access Financial dropped back  $4.28 to  $21.51, in exchanging 1,414 units, AMG Packaging lost 4 cents in closing at $1.56 and 22 units crossing the exchange, Blue Power gained 5 cents to end at $3.35, with 7,500 stock units passing through the market. Cargo Handlers rose 50 cents to settle at $7.50 trading  10,000 stock units, Caribbean Assurance Brokers gained 14 cents to finish at $2.05 after exchanging 36,773 shares. Caribbean Flavours closed 70 cents higher at $18.30 with investors swapping just one stock unit, Caribbean Producers lost 1 cent, in ending at $2.31 after 75,000 shares changed hands, Derrimon Trading ended at $2.56, after a 1 cent gain trading 5,267 units. Elite Diagnostic lost 11 cents to close at $3.28, with an exchange of 21,518 stock units, Everything  Fresh gained 6 cents to settle at 71 cents, with 900 units changing hands, Express Catering finished at $4, with a gain of 5 cents after 269,000 shares crossed the exchange. Fontana lost 3 cents to close at $4.70, in trading 62,396 shares, Fosrich ended 35 cents higher at $3.95 trading  9,871 units, General Accident climbed $1.30 to $7.30, with 280,001 shares changing hands. GWest Corporation slipped 2 cents to 96 cents, in trading 11,082 stock units, 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.
In the preference segment of the Junior market, CAC 2000 9.5% fell by 14 cents to end at $1.02, clearing the market with 1,880 units.

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

Lumber Depot dominates Monday’s trade

Lumber Depot commanded the lion’s share of Junior Market trading on Monday after the company reported a 40 percent jump in earnings to reach $29.9 million for the first quarter to July, with revenues rising 11 percent over the comparable period last year.

Lumber Depot dominated trading with

The company earned 5 cents per share for the quarter or about 20 cents for the full year.
Trading closed on Monday, with the market rising despite more stocks falling than advancing after investors traded 499 percent more shares than on Friday with the total swollen by Lumber Depot’s big trade. Trading ended with 30 securities changing hands compared to 33 on Friday and concluded with the prices of eight stocks rising, the prices of 19 companies declining and three with prices remaining unchanged.
At the close, the Junior Market Index inched higher by 7.12 points to 2,521.94. The average PE Ratio of the market ended at 10.6 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 12,259,583 shares for $15,273,356 compared to 2,048,087 units at $5,393,700 on Friday.
Lumber Depot led trading with 90.7 percent of the total volume of 11.12 million shares followed by Indies Pharma with 206,274 units for 1.7 percent of the day’s trade and Mailpac Group with 181,248 units for 1.5 percent market share.
Trading ended with an average of 408,653 units at $509,112 in contrast to an average of 62,063 shares at $163,445 on Friday. For the month to date, there was an average trade of 106,7,80 units at $244,156, in comparison to 75,003 units at $216,266  on Friday. Trading in August resulted in an average of 104,426  units at $321,996.
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 four with lower offers.
At the close of the market, Access Financial gained $4.28 to end at $25.79 with 254 shares changing hands, AMG Packaging lost 16 cents to finish at $1.60 with 2,515 units exchanged, Caribbean Assurance Brokers fell 14 cents to $1.91 with 2,505 shares passing through the market. Caribbean Flavors shed 84 cents to settle at $17.60 with 3,640 units traded, Caribbean Producers closed 4 cents lower at $2.32 in an exchange of 80,959 stocks, Derrimon Trading dropped 30 cents to end at $2.55 with investors switching ownership of 10,000 shares.  Dolphin Cove jumped 90 cents to finish at $6.90 with 193 shares changing hands, Everything Fresh slipped 6 cents and exchanged 29,124 units to settle at 65 cents, Express Catering rose 2 cents to close at $3.95 with investors transferring 106,049 stocks. Fontana lost 1 cent to end at $4.73 with 62,635 stocks passing through the market, Fosrich declined 5 cents to settle at $3.60 in an exchange of 16,943 stocks, General Accident dropped 8 cents to finish at $6 with 33,404 stocks units changing hands. GWest Corporation rose 2 cents to end at 98 cents with 24,000 stocks traded, Honey Bun shed 29 cents to close at $4.71 with investors transferring 5,000 units, Indies Pharma dropped 23 cents to settle at $2.62 in an exchange of 206,274 units. Lasco Distributors slipped  8 cents to close at $3.05 with 7,092 units changing hands, Lasco Financial declined by 2 cents to finish at $2.12 with 70,935 stocks traded, Lasco Manufacturing gained 6 cents to end at $3.79 with 32,978 shares passing through the market. Limners and Bards dropped 32 cents to close at $2.48 with investors switching ownership of  61,016 units, Lumber Depot exchanged 11,123,785 shares and advanced 5 cents to settle at $1.10, Mailpac Group slipped 1 cent to $2 with 181,248 stock units traded.  Main Event fell 11 cents to end at $3.39 with 2,418  stocks switching hands, Medical Disposables finished 1 cent higher at $4.71 with an exchange of 1,123  shares, Paramount Trading lost 5 cents to settle at $1.50 with investors switching ownership of 146,900 stock units. SSL Venture fell 1 cent to close at 70 cents in an exchange of 35,144 shares, Stationery and Office Supplies dropped 39 cents to end at a 52 weeks’ low of $5.20 with a mere 11 stock units trading and tTech jumped 75 cents in finishing at $5.75 with 281 units crossing the exchange.

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

Junior Market closes with gains

The Junior Market of the Jamaica Stock Exchange closed on Friday, with the market rising with advancing stocks were edged out by declining ones, after an exchange of 41 percent fewer shares than on Thursday.
Trading concluded with 33 securities changing hands, up from 31 on Thursday and ended, with the prices of 13 stocks rising, the prices of 14 declining and six with prices remaining unchanged.
At the close, the Junior Market Index increased 18.3 points to settle at 2,514.82, the highest point since August 28. The average PE Ratio of the market ended at 10.6  based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of  2,048,087 shares for $5,393,700  compared to 3,485,582 units at $7,773,090 on Thursday. Mailpac Group led trading with 31.2 percent of total volume for 639,248 shares, followed by Lasco Distributors with 26.3 percent and 539,293 units and  Lumber Depot with 7.7 percent market share, with 158,533 shares.
Trading ended with an average of 62,063 units at $163,445 in contrast to 112,438 at $250,745 on Thursday. For the month to date, the average trade resulted in an exchange of 75,003  units at $216,266, in comparison to 76,698 units at $223,183 on Thursday. Trading in August resulted in an average of 104,426 units at $321,996.
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 one with a lower offer.
At the close of the market, Access Financial dropped  $4.49 to end at $21.51 in an exchange of just 11 shares, AMG Packaging dropped 22 cents to finish at $1.76 with a mere ten units trading, Blue Power fell 12 cents to settle at $3.30 with 1,500 stock units passing through the market. Cargo Handlers lost 30 cents to close at $7, trading 10,000 shares, Caribbean Assurance Brokers gained 14 cents to end at $2.05 with 116,159 units changing hands, Caribbean Cream shed 40 cents to finish at $4 with investors switching ownership of 36,150 shares. Caribbean Flavours fell 3 cents to settle at $18.44 with 3,309 stocks passing through the market, Derrimon Trading advanced 34 cents to end at $2.85 in an exchange of 18,707 shares, Elite Diagnostic closed 33 cents higher at $3.39 with investors transferring 10,050 units. Express Catering slipped 2 cents to $3.93 with 19,201 stock units traded, Fontana lost 3 cents to finish at $4.74 with 138,448 shares passing through the market, General Accident gained 8 cents to end at $6.08 in an exchange of 868 stock units. iCreate rose 4 cents to settle at 70 cents with 3,306 stocks changing hands, Indies Pharma gained 7 cents to close at $2.85 with135,634 stock units traded, Jamaican Teas gained 14 cents to finish at $4.69 with investors switching ownership of 48,000 stock units. Jetcon Corporation lost 7 cents to end at 85 cents in an exchange of 2,550 shares, KLE Group declined by 6 cents to finish at $1.36 with 1,000 shares changing hands, Lasco Distributors traded 539,293 stock units and advanced 10 cents to settle at $3.13. Lasco Financial rose 2 cents to close at $2.14 with investors transferring 3,750 units, Lasco Manufacturing fell 6 cents to end at $3.73 in an exchange of 1,136 shares, Limners and Bards slid 2 cents to $2.80 with 75,975 shares passing through the market. Lumber Depot finished 1 cent higher at $1.05 with 158,533 shares changing hands, Mailpac Group traded 639,248 stock units and gained 1 cent to settle at $2.01, Main Event rose 5 cents to end at $3.50 in an exchange of 501 shares. Medical Disposables advanced 8 cents to end at $4.70 with investors switching ownership of 500 stocks and Paramount Trading fell 5 cents to settle at $1.55 with 14,333 units crossing the exchange.
In the preference segment, Derrimon Trading dropped 40 cents to close at $1.90, with 54,533 stocks changing hands.

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