Junior Market ends with sharp climb

Advancing and declining Junior Market stocks were evenly matched at the close of trading on Wednesday, after an exchange of 82 percent fewer stocks than Tuesday’s heightened level.
Trading ended with 31 securities changing hands compared to 33 on Tuesday and ended with the prices of 12 stocks rising, the prices of 13 stocks declining and six ended, with the prices remaining unchanged.
At the close, the Junior Market Index rose 41.15 points to settle at 2,644.56 and 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 1,895,699 shares for $7,143,931, compared to 10,650,793 units at $25,292,615 on Tuesday. Mailpac Group led trading with 446,158 shares for 23.5 percent of total volume, followed by Lumber Depot with 308,194 units for 16.3 percent of the day’s trade and Lasco Manufacturing with 178,175 units for 9.4 percent market share.
Trading ended with an average of 61,152 units at $230,449, in contrast to  322,751 at $766,443 on Tuesday. For the month to date, the average trade resulted in 141,956 units exchanged at $385,982, in comparison to 154,964 units at $411,094 on Monday. Trading in July resulted in an average of 248,153 units trading at $668,727 for each security.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows one stock ended with bid higher than their last selling price and four with lower offers.
At the close of the market, Access Financial dropped 89 cents in ending at $26.10, with 1,700 shares crossing the exchange, AMG Packaging slipped 20 cents to end at $1.54 trading 12,100 units, Blue Power gained 20 cents to end at $3.40 in exchanging 2,166 shares. Caribbean Assurance Brokers rose 9 cents to end at $2.24 while exchanging 19,410 stocks, Caribbean Cream advanced by 15 cents to settle at $4.25, with 35,001 stock units passing through the market, Caribbean Producers shed 4 cents to close at $2.40 trading 65,450 units. Derrimon Trading declined by 30 cents to settle at $2.70 with 70,079 shares changing hands, Elite Diagnostic carved out a gain of 45 cents in finishing at $3.65, while trading 5,000 shares. Express Catering climbed 45 cents to settle at $3.90, with 740 shares changing hands, Fontana shed 1 cent to end at $5.01 and clearing the market with 89,132 units, Fosrich advanced 20 cents and closed at $3.90 in exchanging 500 stocks. General Accident fell 1 cent in ending at $7.49, with 77,647 stocks passing through the market, iCreate gained 1 cent to settle at 63 cents trading 9,600 stock units, Indies Pharma dropped by 5 cents to end at  $2.90 in exchanging 47,138 units. Jamaican Teas carved out a gain of 2 cents in closing at $5.02 and exchanging 100,297 shares, Knutsford Express increased 5 cents to close at $6.90 in trading 28,804 stocks.
Lasco Distributors climbed 1 cent and closed at $3.21, with 166,500 stock units changing hands. Lasco Manufacturing lost 13 cents to settle at $3.77 in trading 178,175 stock nits, Limners and Bards  slipped 11 cents to $2.79 after 9,680 stock units passed through the market, Lumber Depot gained 3 cents to end at $1.04, with 308,194 shares clearing the market. Mailpac Group fell 5 cents to close at $2.10,  with 446,158 stock units crossing the market, Medical Disposables lost 7 cents to finish at $4.93 with 205 stock units changing hands, SSL Venture lost 3 cents to end at 75 cents finishing with an exchange of  12,412 stock units and tTech declined by $1.20 to close at $4.75 in exchanging 28,090 stock units.
In the preference shares segment, Derrimon Trading preference shares rose 20 cents to close at $2 in an exchange of 5,000 stock units.

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

Heavy Junior Market trading

The Junior Market of the Jamaica Stock Exchange closed on Tuesday, with the market slipping slightly after rising stocks just edged out declining ones, with after investors traded more than three times more shares and four and a half times the value than on Monday.

Mailpac dominated trading on Tuesday after the company posted 33% revenues rise.

Trading ended with 33 securities changing hands compared to 32 on Monday and ended with the prices of 14 stocks rising, the prices of 13 stocks declining and six remaining unchanged.
At the close, the Junior Market Index shed 5.95 points to settle at 2,603.41, the average PE Ratio of the market ended at 10.44 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 10,650,793 shares for $25,292,615 compared to 3,157,585 units at $9,033,381 on Monday. Mailpac Group led trading with 4.34 million shares for 40.7 percent of total volume, after the company posted second-quarter results showing a 33 percent rise in revenues and 25 percent rise in profits. Lasco Financial followed with 3.43 million units for 32.2 percent of the day’s trade and Lasco Distributors with 779,939 units for 7.3 percent market share.
Trading ended with an average of 322,751 units at $766,443, in contrast to 98,675 at $282,293 on Monday. For the month to date, the average trade resulted in 155,003 shares changing hands at $411,094 , in comparison to 120,187 units at $337,342 on Monday. Trading inJuly resulted in an average of 248,153 units at $668,727 for each security.
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 six  with lower offers.
At the close of the market, AMG Packaging dropped 4 cents in ending at $1.74 after exchanging 1,542 shares, Blue Power declined by 20 cents to end at $3.20 with investors exchanging 11,316 stock units, CAC 2000 gained $1.36 to close at $10.46, with 2,500 units changing hands. Caribbean Assurance Brokers carved out a gain of 3 cents in ending at $2.15 trading 1,014 stocks, Caribbean Cream lost $1.20 as an unintended sale pushed the stock to close at $4.10 with an exchange of 30,000 shares, Caribbean Flavours gained 99 cents to end at $11.50 while exchanging 101,948 stocks. Caribbean Producers increased 2 cents in ending at $2.44 trading 52,808 stock units, Derrimon Trading gained 45 cents to end at $3 and finishing with 83,054 stocks changing hands, Elite Diagnostic advanced by 9 cents to end at $3.20 with investors swapping 18,736 units. Everything Fresh gained 11 cents to close at 76 cents with investors exchanging 13,036 stocks, Express Catering lost 55 cents to settle at $3.45, with 7,600 units changing hands, Fontana added 1 cent in closing at $5.02, with 152,836 stock units crossing the exchange. Fosrich dipped 20 cents to end at $3.70 with investors switching ownership of 12,699 stock units, Honey Bun carved out a gain of 67 cents to end at $5.33 clearing the market with 101,511 shares,  iCreate rose 1 cent in closing at 62 cents in exchanging 665,184 shares. Indies Pharma climbed 5 cents to end at $2.95 with an exchange of 17,662 units, Iron Rock Insurance fell 5 cents to $3.40, with 1,935 shares crossing the exchange, Jetcon Corporation lost 1 cent to end at $1 after trading 3,238 stocks. Knutsford Express fell 5 cents in closing at $6.85 with investors switching ownership of 32,852 stocks, Lasco Distributors dropped by 5 cents to end at $3.20,  with 779,939 stock units crossing the market, Lasco Financial advanced by 5 cents to close at $2.35, after exchanging 3,430,200 shares. Lasco Manufacturing carved out a gain of 20 cents in closing at $3.90 changing hands 137,491 units, Limners and Bards dropped by 6 cents to settle at $2.90, with 196,444 shares changing hands, Lumber Depot carved out a loss 3 cents to end at $1.01 in exchanging 362,184 stocks. Medical Disposables gained 7 cents to close at $5, with 9,906 stock units changing hands, SSL Venture fell 9 cents in closing at 78 cents in trading 10,000 stock units and tTech declined by 80 cents to close at $5.95 trading 7,397 units after the company reported lower revenues and profit for the June quarter.

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

Junior Market slips on Wednesday

The Junior Market of the Jamaica Stock Exchange ended trading on Wednesday with the market index declining after slightly more stocks fell than rose after investors traded nine percent more shares than on Tuesday.
Trading ended with 30 securities changing hands, down from 34 on Tuesday and ended with the prices of 12 stocks rising, 13 declining and five ended, with unchanged prices.
At the close, the Junior Market Index carved out a loss 24.83 points to settle at 2,594.22 and the average PE Ratio of the market ended at 10.5 based on IC Insider.com’s forecast of 2020-21 earnings.
On a day of low volume, the market closed with an exchange of 1,769,437 shares for $5,986,775 compared to 1,625,055 units at $5,194,150 on Tuesday, with Mailpac Group ended as the leading trade with 612,063 shares for 34.6 percent of total volume. Fontana followed, with 252,183 units for 14.3 percent of the day’s trade and Derrimon Trading with 209,765 units for 12 percent market share.
The average traded for the date was 58,981 units at $199,559, in contrast to an average of 47,796 at $152,769 on Tuesday. An average of 138,617 units traded at $363,147 for the month to date, in comparison to 174,816 units at $437,506. Trading in July resulted in an average of 248,153 units at $668,727 trading.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows four stocks ended with bids higher than their last selling prices and four with lower offers.
At the close of the market, Access Financial dropped $3.49 in closing at $23.50 with investors swapping 12,531 shares, AMG Packaging increased 1 cent to close at $1.74 while exchanging 3,194 shares, Cargo Handlers inched 1 cent higher to end at $6.52 in an exchange of 3,000 shares. Caribbean Assurance Brokers dropped by 18 cents to $2.11 in an exchange of 8,048 units, Caribbean Cream climbed 20 cents to close at $5.25 after exchanging 112,649 stock units, Caribbean Flavours rose 1 cent to settle at $10.51 with investors switching ownership of 500 stock units. Caribbean Producers climbed 5 cents to settle at $2.44 with investors changing ownership of 30,478 stocks, Derrimon Trading gained 4 cents in ending at $2.54 with investors trading 209,765 stocks, Dolphin Cove carved out a loss 43 cents to settle at $7 with an exchange of 106 shares. Elite Diagnostic fell 49 cents to settle at $3.11 while exchanging 4,500 stocks, Fontana gained 2 cents to settle at $5.02, in an exchange of 252,183 shares, Fosrich fell 15 cents to end at $3.75, with investors swapping 8,250 stock units. General Accident fell 2 cents to settle at $7.30 in an exchange of 56,784 units, iCreate increased 2 cents to settle at 62 cents trading 10,896 stock units, Indies Pharma climbed 6 cents to settle at $2.96 in exchanging 7,473 stock units. Jamaican Teas fell 1 cent in closing at $4.99 while exchanging at 23,440 stocks, Jetcon Corporation lost 9 cents to end at 92 cents in an exchange of 3,000 stocks, KLE Group climbed 2 cents to settle at $1.42 and clearing the market with 2,700 shares. Lasco Distributors gained 2 cents to close at $3.27 in an exchange of 56,668 stock units, Lasco Financial lost 15 cents in closing at $2.35, with 5,505 stock units changing hands, Lasco Manufacturing shed 23 cents to end at $3.52 after 14,255 stocks passed through the market. Limners and Bards shed 2 cents to end at $2.86, with 12,505 shares crossing the market, Lumber Depot declined 1 cent to end at $1.06 trading 97,071 units, Mailpac Group increased 3 cents to $2.15, with 612,063 units changing hands and Medical Disposables carved out a loss 10 cents to finish at $5.20 trading 134,204 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Junior Market in minute slippage

The Junior Market of the Jamaica Stock Exchange ended trading on Thursday, with the market declining after more stocks fell than rose, with investors trading 51 percent fewer shares than on Wednesday.
Trading ended with 32 securities changing hands compared to 33 on Wednesday and ended with the prices of nine stocks rising, 17 declining and six with prices remaining unchanged.
At the close, the Junior Market Index carved out a loss of a mere 0.66 points to settle at 2,564.27, and the average PE Ratio of the Junior Market ended at 10.7 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 1,607,258 shares for $3,954,220 compared to 2,711,361 units at $8,041,179 on Wednesday.
Mailpac Group led trading with 479,529 shares for 30 percent of total volume, followed by Everything Fresh with 300,722 units for 18.7 percent of the day’s trade and Limners and Bards with 218,192 units for 13.6 percent market share.
An average of 50,227 units traded at $123,569 on Thursday, in contrast to an average of 82,162 at $243,633 on Wednesday. For the month to date, the average trade was 257,292 units at $701,029, in contrast to 267,316 units at $728,985. Trading in June resulted in an average of 245,049 units at $689,955 trading.

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 lower offers.
At the close of the market, Cargo Handlers lost 70 cents to settle at $6.40 after exchanging 8,016 units, Caribbean Assurance Brokers climbed 9 cents to end at $2.24 in an exchange of 3,500 stocks, Caribbean Cream increased 27 cents to $3.85, with 23,045 shares changing hands. Caribbean Flavours declined by $1.57 to close at $10.50 in exchanging 112 units, Dolphin Cove fell 9 cents after closing at $7.50 while trading 1,000 shares, Elite Diagnostic carved out a gain of 10 cents to close at $3.70 while exchanging one share. Everything Fresh climbed 12 cents in closing at 79 cents and finished trading with 300,722 units, Express Catering carved out a loss 2 cents after ending at $4.07 in an exchange of 3,330 shares, Fontana lost 5 cents to close at $5 in trading 83,879 stock units. General Accident fell 10 cents to end at $7.05 while exchanging 11,041 stock units, Honey Bun slipped 1 cent to settle at $5.39 in trading 500 units, iCreate increased 2 cents to 56 cents trading 10,000 stocks. Indies Pharma fell 5 cents to end at $2.95 in exchanging 5,000 shares, Jamaican Teas declined by 4 cents to end at $4.95, with 7,915 units clearing the market, Jetcon Corporation dropped 1 cent to end at 91 cents in exchanging 16,120 shares. Lasco Distributors advanced 19 cents to close at $3.25 with investors switching ownership of 42,001 shares, Lasco Financial declined by 13 cents and ending at $2.41, with 131,441 units changing hands, Lasco Manufacturing shed 12 cents to end at $3.50 121,608 stock units crossing the exchange. Limners and Bards slipped 10 cents to end at $2.51 in an exchange of 218,192 stock units, Lumber Depot advanced by 1 cent in closing at $1.06 while exchanging 6,194 stock units, Mailpac Group lost 4 cents closing at $2.10 with investors switching ownership of 479,529 stocks. Main Event gained 1 cent to closed at $4 in an exchange of 230 shares, Medical Disposables dipped 1 cent to close at $4.99, with 8,575 units changing hands, Paramount Trading shed 3 cents in closing at $1.77 and cleared the market with 1,000 shares. Stationery and Office Supplies dropped by 8 cents in closing at $5.90, with investors switching ownership of 3,500 shares and tTech rose 17 cents ending at $7.30 clearing the market with 25,124 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Big day for Junior Market

The Junior Market recorded gains at the close of trading on Wednesday, with the prices of the two largest Lasco companies rising, following the release of positive first-quarter profit results.

Lasco Manufacturing rose on Junior Market on Wednesday following Q1 profit release.

Trading ended, with 33 securities changing hands, one more than on Tuesday, with the prices of 17 stocks rising, eight stocks declining and eight remaining with unchanged prices.
At the close, the market Index rose 31.93 to close at 2,564.93 and the average PE Ratio of the Junior Market ended at 10.8 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 2,711,361 shares for $8,041,179 compared to 7,640,477 units at $18,768,624 on Tuesday.
Lasco Distributors led trading with 444,945 shares for 16.4 percent of total volume, followed by Caribbean Producers with 441,603 units for 16.3 percent of the day’s trade and Fosrich with 306,610 units for 11.3 percent market share.
An average of 82,162 units changed hands at $243,672 on Wednesday, in contrast to an average of 238,765 at $586,519 on Tuesday. An average of 267,316 units traded at $728,746 for the month to date, in contrast to 277,046 units at $745,046. In comparison, June ended, with an average of 245,049 units trading at $689,955.
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 six with lower offers.
At the close of the market, AMG Packaging fell 2 cents to end at $1.63, with 8,471 stock units changing hands, Blue Power added 1 cent to close at $3.30 with investors swapping 69,984 units, Cargo Handlers climbed 60 cents to $7.10, with 500 shares changing hands. Caribbean Assurance Brokers lost 10 cents in closing at $2.15 in trading 6,100 units, Caribbean Cream shed 27 cents ending at $3.58 with investors switching ownership of 57,700 stock units. Caribbean Flavours climbed 57 cents in closing at $12.07 and trading 800 units, Caribbean Producers ended 1 cent higher at $2.39 with an exchange of 441,603 shares, Everything Fresh rose 2 cents to 67 cents in trading 161,764 stock units. Express Catering carved out a gain of 9 cents to close at $4.09, with 7,900 stock units crossing the exchange, Fontana gained 5 cents in closing at $5.05 with an exchange of 33,420 units, General Accident rose 20 cents to close at $7.15 after exchanging 116,000 stock units. GWest Corporation gained 2 cents to settle at 89 cents, with 2,098 shares changing hands, iCreate shed 2 cents to end at 54 cents in trading 45,143 units and Iron Rock Insurance shed 9 cents to end at $3.80 with investors swapping 3,100 stock units.
In the preference share segments, CAC 2000 9.5% fell 5 cents to settle at 95 cents and clearing the market with 51,000 units.

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

Junior Market could jump Wednesday

The Junior Market concluded trading with 32 securities changing hands compared to 32 on Monday, with the Market Index slipping 19.21 points to settle at 2,533.00. The market could get a big jolt in Wednesday trading, with two Lasco companies releasing strong results after the market closed.

Two Lasco companies posted good Q1 results.

Lasco Distributors’ profit jumped sharply by 57 percent on a combination of reduced cost. It increased revenues to $258 million while the manufacturing company posted a 21 percent increase in profit to $342 million with modestly rising sales and reduced cost.
In trading on Tuesday, the market ended with the prices of 10 stocks rising, 16 declining and six remaining unchanged and the average PE Ratio of the Junior Market ended at 10.7 based on IC Insider.com’s forecast of 2020-21 earnings.
Market activities ended with an exchange of 7,640,477 shares for $18,768,624 compared to 5,577,292 units at $13,949,566 on Monday.
Caribbean Producers led trading with 5.24 million shares for 69 percent of total volume, followed by Lasco Distributors with 429,766 units for 5.6 percent of the day’s trade and Mailpac Group with 314,557 units for 4 percent market share.
Investors exchanged an average of 238,765 units at $586,519 in contrast to 174,290 at $435,924 for each security traded on Monday.  An average of 277,046 units traded at $754,046 for the month to date, in contrast to 279,101 units at $746,924 previously. Trading in June resulted in an average of 245,049 units at $689,955 trading.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading was flashing negative signal, with only two stocks ended with bids higher than their last selling prices and seven with lower offers.
At the close of the market, AMG Packaging carved out a loss 10 cents in finishing at $1.65 with 2,451 shares traded, Blue Power declined by 1 cent to end at $3.29 in exchanging 104,343 shares, Cargo Handlers dropped $1.10 to settle at $6.50 with investors transferring 1,765 stock units. Caribbean Cream fell 14 cents in closing at $3.85 with 30,204 shares changing hands, Caribbean Flavours jumped $1 to finish at $11.50 in exchanging 3,000 shares, Caribbean Producers gained 3 cents to settle at $2.38 with 5,243,275 units traded. Derrimon Trading gained 14 cents to close at $2.39 after exchanging 31,300 units, Dolphin Cove climbed 59 cents to end at $7.59 with 200 shares changing hands, Everything Fresh slipped 8 cents to 65 cents and clearing the market with 106,923 units. Express Catering declined by 9 cents to close at $4 with 13,342 shares traded, Fontana lost 8 cents to settle at $5 in an exchange of 141,876 shares, General Accident increased 25 cents to $6.95 with 52,270 stock units changing hands. GWest Corporation declined 1 cent to close at 87 cents with investors swapping 15,622 stock units, iCreate added 2 cents to end at 56 cents with investors transferring 1,460 units, Indies Pharma climbed 10 cents to $3 with 60,000 shares passing through the market. Jamaican Teas fell 1 cent to $4.99 trading 119,441 stock units, Jetcon Corporation gained 10 cents to close at $1.02 with an exchange of 6,800 units, Lasco Distributors advanced 15 cents to settle at $3, trading 429,766 stock units. Lasco Financial fell 14 cents to close at $2.41 with 20,750 units traded, Lasco Manufacturing declined by 10 cents to close at $3.55 with an exchange of 92,236 stock units, Lumber Depot declined by 5 cents to end at 99 cents after investors transferred 191,852 stock units. Mailpac Group increased 12 cents to close at $2.12, with 314,557 units passing through the market, Main Event slipped 1 cent to settle at $3.99 in exchanging 96,123 shares, Medical Disposables dropped 90 cents to close at $5 with 239,464 stock units changing hands and Stationery and Office Supplies fell 38 cents to end at $5.60 with 56,101 units crossing the exchange.
In the preference segment, CAC 2000 9.5% declined by 15 cents to close at $1 while trading 48,800 shares.

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

Junior Market in big recovery

Trading ended on the Junior Market, with a surge in the market index as it recovered a sizable portion of the amounts lost on Tuesday as investors exchanged 62 percent fewer securities than on Tuesday.
At the close, the Junior Market Index rose 43.57 points to 2,562.54, and the average PE Ratio of the Junior Market ended at 10.8 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 2,599,966 shares with a value of $6,389,414 compared to 6,810,921 units at $19,386,503 on Tuesday, as 32 securities changed hands compared to 30 stocks on Tuesday, with the prices of 16 stocks rising, nine declining and seven remaining unchanged.
Mailpac Group led trading with 736,959 shares for 28.3 percent of total volume followed by Limners and Bards with 298,963 units for 11.5 percent of the day’s trade and iCreate with 245,467 units for 9.4 percent market share.
An average of 81,249 units traded at $199,669 for each security, in contrast to an average of 227,031 shares at $646,217 on Tuesday. An average of 306,642 units at $818,545, changed hands for the month to date, in comparison to an average of 321,956 shares for $873,181. Trading in June resulted in an average of 245,049 units trading at $689,955.
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 three with lower offers.
At the close of the market, AMG Packaging carved out a loss of 10 cents to end at $1.70, with 10 shares passing through the market, CAC 2000 fell 10 cents in closing at $9.10 and finishing with 167 stock units changing hands, Caribbean Assurance Brokers gained 5 cents to settle at $2.15 with investors switching ownership of 12,565 units. Caribbean Cream rose 4 cents after closing at $3.84 and clearing the market with 93,726 units, Caribbean Flavours carved out a loss $1 to end at $10.50 clearing the market with 760 shares, Caribbean Producers declined 1 cent to settle at $2.35, with 134,399 shares passing through the market. Consolidated Bakeries advanced by 33 cents to close at $1.55 with investors switching ownership of 5,900 units, Derrimon Trading climbed 21 cents to close at $2.41 after 58,000 stock units passed through the market, Everything Fresh carved out a loss 4 cents to end at 62 cents while exchanging 165,129 shares. Express Catering increased 27 cents in ending at $4.32, with 4,162 units crossing the exchange, Fontana rose 1 cent to settle at $5.02 after 44,643 shares passed through the market, Fosrich added 7 cents to close at $3.74 in exchanging 26,694 stock units. General Accident ended rising 17 cents in closing at $6.97 after trading 49,193 stock units, Honey Bun shed 5 cents in ending at $5.50 while exchanging 4,662 units, iCreate increased 1 cent to close at 54 cents after trading 245,467 stock units. Jamaican Teas advanced 6 cents to $5.06 in exchanging 2,107 shares, KLE Group rose 20 cents to close at $1.55 while 10,000 shares changed hands, Lasco Financial added 6 cents in closing at $2.56 with investors exchanging 70,158 shares. Lasco Manufacturing gained 10 cents to end at $3.75 in an exchange of 71,824 units, Limners and Bards climbed 25 cents to settle at $2.70 with 298,963 shares changing hands, Lumber Depot increased 2 cents to close at $1.07 with an exchange of 56,079 shares. Mailpac Group fell 1 cent in ending at $2.02 and trading 736,959 units, Medical Disposables in rising 3 cents ended at $5.20 with 60,875 shares clearing the market. SSL Venture dropped 11 cents in closing at 78 cents while trading 100 stock units and tTech lost 55 cents to end at $5.95, with 27,500 units passing through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Big fall for Junior Market

The Junior Market of the Jamaica Stock Exchange suffered a sharp fall in the Market Index at the close of trading on Tuesday as declining stocks overwhelmed advancing ones, even as the volume traded jumped 260 percent over Monday’s level.
Trading resulted in 30 securities changing hands compared to 29 on Monday and ended with the prices of just six stocks rising, 17 declining and seven with prices remaining unchanged.
At the close, the Junior Market Index dropped by 51.57 points to finish at 2518.97, and the average PE Ratio of the Junior Market ended at 10.6 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 6,810,921 shares for $19,234,566 compared to 1,894,386 units at $5,524,081 on Monday.
Caribbean Producers led trading with 2.56 million shares for 37.5 percent of total volume, followed by Lasco Manufacturing with 1.39 million units for 20.4 percent of the day’s trade and Mailpac Group with 1 million units for 14.8 percent market share.
An average of 227,031 units at $641,217 in contrast to an average of 65,324 at $190,486 on Monday. An average of 321,956 units at $873,181 for the month to date, in contrast to 328,413 units at $888,621. Trading in June resulted in an average of 245,049 units at $689,955 trading.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows four stocks ended with bids higher than their last selling prices and two with lower offers.
At the close of the market, Caribbean Assurance Brokers dropped 5 cents to close at $2.10 with investors switching ownership of 7,664 shares, Caribbean Cream rose 23 cents to end at $3.80 and finishing with 109,295 units changing hands, Caribbean Producers carved out a loss 4 cents in closing at $2.36 and clearing the market with 2,562,858 units. Derrimon Trading shed 18 cents to finish at $2.20 with an exchange of 11,000 shares, Everything Fresh shed 3 cents in closing at 66 cents with 185,340 shares crossing the market, Express Catering declined by 15 cents to settle at $4.05, with 100 units passing through the market. Fontana shed 8 cents in closing at $5.01 in exchanging 137,876 stock units, Fosrich fell 8 cents to end at $3.67 and finished trading with 69,531 stock units, General Accident fell 19 cents to $6.80, after 86,846 units crossed the market. Honey Bun in rising 15 cents closed at $5.55 while exchanging 28,004 shares, iCreate dropped by 1 cent to 53 cents and cleared the market with 59,772 units, Jamaican Teas carved out a loss 5 cents to close at $5 with investors switching ownership of 78,000 shares. Jetcon Corporation dropped by 2 cents to end at $1.01, with 110,200 stock units changing hands, Lasco Distributors declined by 22 cents to close at $2.85 with an exchange of 286,800 units, Lasco Financial declined by 5 cents ending at $2.5 while exchanging 89,169 shares. Lasco Manufacturing fell by 10 cents in closing at $3.65, with 1,394,200 stock units passing through the market, Limners and Bards dropped 15 cents in ending at $2.45, while trading 26,718 shares, Lumber Depot gained 1 cent to end at $1.05 and exchanging 38,434 units. Mailpac Group gained 3 cents to settle at $2.03, with 1,008,821 units changing hands, Medical Disposables shed 63 cents to end at $5.17, with 155,813 units crossing the exchange, Paramount Trading lost 1 cent to end at $1.80 in an exchange of 37,370 shares. Stationery and Office Supplies carved out a gain of 38 cents to end at $5.98 in exchanging 12 stock units and tTech rose 55 cents to end at $6.50 in trading 33,198 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Kremi sweetens Junior Market

The Junior Market squeezed out a modest rise in market Index of 22.66 points to close at 2529.87, as Caribbean Cream stock price jumped 25 percent following a 31 percent increase in its first quarter profit, released after trading on Wednesday.

Caribbean Cream jumped 70 cents to5$3.80

Trading ended with 28 securities changing hands compared to 32 on Wednesday as the market closed with the prices of 10 stocks rising, 12 declining and six remaining unchanged.
The average PE Ratio of the Junior Market ended at 9.9 based on IC Insider.com’s forecast of 2020-21 earnings. The market closed with an exchange of 5,847,715 shares accounting for $16,656,620 compared to 8,179,963 units at $41,811,782 on Wednesday.
Indies Pharma led trading with 2.39 million shares for 41 percent of total volume followed by Caribbean Cream with 1.46 million units for 25 percent of the day’s trade and Mailpac Group with 467,663 units for 8 percent market share.
An average of 208,847 units at $594,879 traded, in contrast to an average of 255,624 valued at $1,306,618 on Wednesday. An average of 372,277 shares traded for the month to date at $1,007,995 each, in contrast to 385,314 units at $1,040,951. The average volume and value for the previous month was 245,049 units valued at $689,955.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows one stock ended with a bid higher than the last selling price and none with a lower offer.
At the close of the market, AMG Packaging advanced 2 cents to settle at $1.57, in trading 17,587 units, Cargo Handlers dropped $1 to settle at $6.50 with 1,100 units changing hands, Caribbean Assurance Brokers declined by 12 cents to end at $2.01, in an exchange of 1,000 stock units. Caribbean Cream carved out a 25 percent gain of 70 cents to end at $3.50, with 1,462,386 units crossing the market, Derrimon Trading carved out a loss 18 cents after closing at $2.20 and exchanging 373,400 stock units, Elite Diagnostic fell 2 cents to $3.60 with investors swapping 4,642 units. Fontana rose 4 cents to $5.15 trading 153,701 shares, Fosrich declined by 8 cents to settle at $3.60 with an exchange of 18,954 stock units, General Accident in rising 20 cents ended at $7 while exchanging 147,451 shares. Honey Bun advanced by 1 cent to settle at $4.91 with 1,637 shares crossing the market, iCreate lost 1 cent to end at 54 cents with 14,650 stock units clearing the market, Indies Pharma climbed 14 cents to end at $2.90 with 2,394,805 units crossing the market. Jamaican Teas lost 8 cents in ending at $4.97 with 11,025 shares changing hands, Knutsford Express fell 1 cent to close at $6.99 in an exchange of 11 units, Lasco Distributors climbed 6 cents to end at $2.90 trading 60,409 stock units. Lasco Financial carved out a loss 4 cents in closing at $2.45 with 5,960 shares passing through the market, Lasco Manufacturing advanced 15 cents to end at $3.75 with investors swapping 83,154 shares, Limners and Bards dropped 20 cents to settle at $2.45 in trading 174,651 units. Lumber Depot shed 2 cents to close at $1.03 in clearing the market with 380,038 stock units, Mailpac Group rose 6 cents to end at $2.05 in exchanging 467,663 shares. Medical Disposables carved out a gain of 5 cents to settle at $6.05 while exchanging 2,787 shares and Stationery and Office Supplies lost 1 cent in closing at $5.60 in an exchange of 11,714 shares.

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

Investors push Junior Market down

The Junior Market lost more grounds in trading on Tuesday as the level of trading saw a 51 percent rise in the volume of stocks trading over that of Monday valued 38 percent more.
At the close, the Junior Market Index declined 33.03 points to close at 2,522.97. Trading ended with 35 securities changing hands with the prices of 9 stocks rising, 14 declining and prices of 12 closing unchanged. The average PE Ratio of the Junior Market ended at 10 based on IC Insider.com’s forecasted 2020-21 earnings.
The market closed with an exchange of 5,783,237 shares accounting for $15,071,904 compared to 3,822,981 units at $10,886,036 on Monday. Trading was led by Mailpac Group, with 2.20 million shares for 38 percent of total volume followed by Limners and Bards with 1.14 million units for 20 percent of the day’s trade and Lumber Depot with 786,349 units for 13.6 percent market share.
An average trade of 165,235 units at $430,626 for each security traded, took place on Tuesday, in contrast to an average of 123,322 at $351,162 on Monday. An average of 398,323 units traded for $1,014,301 for the month to date, in contrast to 427,049 units at $1,086,232. The average for June ended at 245,049 units at $689,955.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the Junior 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 rose 49 cents ending at $25.49 in trading 100 stock units, Blue Power shed 1 cent to close at $3.79 in exchanging 4,804 units, CAC 2000 jumped $1.20 to end at $9.20 with investors swapping 817 shares. Caribbean Producers declined 4 cents to $2.41 with an exchange of 34,396 shares, Fontana fell 4 cents to close at $5.16 in trading 48,029 shares. General Accident carved out a gain of just 1 cent to end at $7.01 with 200,895 units changing hands, GWest Corporation added 4 cents to end at 89 cents trading 4,066 stock units, Honey Bun dropped 69 cents to close at $4.80 after exchanging 259,576 shares. Indies Pharma lost 5 cents in closing at $2.70 with investors swapping 67,456 units, Jamaican Teas advanced by 1 cent to close at $5 in trading 153,741 units, Jetcon Corporation lost 5 cents to settle at 96 cents, with an exchange of 15,900 stock units. Knutsford Express climbed 38 cents to settle at $7 with investors switching ownership of 28,275 units, Lasco Distributors fell 18 cents to $2.81 trading 74,800 shares, Lasco Financial lost l2 cents to end at $2.49 after exchanging 43,312 shares. Lasco Manufacturing gained 4 cents to end at $3.60, with 23,350 units changing hands, Limners and Bards increased 4 cents to $2.49 in trading 1,138,812 stock units, Mailpac Group fell 4 cents to $2 with an exchange of 2,204,157 stock units. Medical Disposables shed 6 cents to end at $6.35 with 48,577 stock units crossing the exchange, Paramount Trading gained 1 cent to end at $1.81 with investors trading 580 stock units, SSL Venture dropped 4 cents to settle at 85 cents with 49,835 units changing hands. Stationery and Office Supplies declined by 20 cents to close at $5.60 in trading 16,097 units and tTech declined by 5 cents to settle at $5.75 in trading 59,153 stock units.
Derrimon Trading preference share dropped by 10 cents to close at $1.80 in trading 44,192 shares.

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