Trading picks up on Junior Market – Friday

Trading on the Junior Market of the Jamaica Stock Exchange finished on Friday with 33 securities changing hands, with an increased volume of 4,639,848 units valued at $13,835,204 compared to 3,359,389 units valued at $10,159,585 from 37 securities on Thursday.
At the close of market activities, the prices of 17 securities advanced, 11 declined and 8 remained unchanged, with 33 changing hands, resulting in the Junior Market Index falling by a mere 2.17 points to close at 3,209.01.  The market closed, with the average PE Ratio ending at 14 earnings for 2019.
Trading ended with an average of 140,601 units for an average of $419,249 in contrast to 101,800 units for an average of $307,866 on Thursday. The average volume and value for the month to date amounts to units 168,606 valued at $673,811 and previously 171,324 valued at $698,518. In contrast, December closed with an average of 521,319 shares at $1,344,719 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows five stocks ended with bids higher than their last selling prices and five with lower offers.
At the close of the market, Access Financial dipped 20 cents in trading 10,601 units at $32.10, AMG Packaging slipped 5 cents in exchanging 1,346,609 units at $2.02, Blue Power ended with a loss of 1 cent at 4.39 with 4,536 stock units changing hands. Caribbean Cream ended market activity exchanging 11,377 shares to close at $3.60 after falling 41 cents, Caribbean Producers climbed 7 cents after an exchange of 24,182 shares at $4.88, Consolidated Bakeries traded 8,000 shares, after rising 5 cents to end at $1.65. Dolphin Cove closed with 3,001 units crossing the market and gained 81 cents to end at $11.61. Elite Diagnostic lost 47 cents with 5,000 units changing hands at $4.38, Everything Fresh closed 1 cent higher at $1.06, with the of trading 352,400 stock units, Express Catering ended with 139,578 shares changing hands, after rising 40 cents to end at $6.50. Fosrich shed 30 cents in trading 21,895 units at $4.10, Fontana closed 14 cents higher at $7.14, with 380,369 stock units changing hands, GWest Corporation closed 1 cent higher at $1.11, in transferring 4,182 stock units. Honey Bun lost 29 cents in trading 63,649 shares to close at $8.01, iCreate climbed 2 cents and exchanged 266,130 shares at 85 cents. Indies Pharma gained 18 cents to close at $3.10, with the trading of 51,726 stock units, Iron Rock Insurance exchanged 35,850 units and gained 20 cents to end at $4, Jamaican Teas closed trading of 243,285 units and rose 23 cents to end at $6.88. Jetcon Corporation closed 5 cents higher at $1.45, trading 44,975 stock units, Knutsford Express ended market activity, exchanging 30,250 shares to close at $9.95 after falling 5 cents. Lasco Distributors rose 13 cents to close $3.29, with 85,000 stock units changing hands, Lasco Financial closed 30 cents higher at $4.40, with 29,850 stock units trading. Lasco Manufacturing climbed 5 cents and exchanged 21,300 shares at $4.16, Limners and Bards gained 25 cents and exchanged 87,009 shares at $3, Mailpac Group lost 5 cents in trading 332,699 shares to close at $2.05. Main Event ended 33 cents higher at $6.40, with 5,570 stock units crossing the exchange, Paramount Trading fell 3 cents in trading of 237,730 units at $1.70 and SSL Venture lost 4 cents in transferring 121,000 units at $1.20.

Prices of securities trading for the day are those at which the last trade took place.

Junior Market dips again Wednesday

The Junior Market of the Jamaica Stock Exchange slipped again on Wednesday with the market Index falling 10.92 points to end at 3,245.42 as prices of 13 securities advanced, 14 declined and 10 remained unchanged.
The number of securities changing hands rose to 37, up from 33 on Tuesday and resulted in an exchange of 6,024,104 units valued at $19,766,505 compared to 3,923,066 units valued at $17,832,838 on Tuesday.
At the close of market activities, the market’s average PE Ratio remained at 14.2 earnings for 2019.
Trading ended with an average of 162,814 units for an average of $534,230 in contrast to 118,881 units for an average of $540,389 on Tuesday. The average volume and value for the month to date amounts to units 178,797 valued at $740,510 and previously 180,987 valued at $768,779. In contrast, December closed with an average of 521,319 shares at $1,344,719 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows nine stocks ended with bids higher than their last selling prices and two with a lower offer.
At the close of the market, AMG Packaging closed 8 cents higher at $2.08, with 28,370 stock units changing hands, Blue Power dipped 20 cents in trading 9,203 units at $4.30, Caribbean Cream climbed 30 cents and exchanged 1,000 shares to end at $4.30. Caribbean Flavours closed trading of 300 units and gained 2 cents to finish at $15.02, Cargo Handlers climbed $1 to settle at $9 with 950 shares changing hands, Caribbean Producers gained 1 cent to end at $4.81, with an exchange of 7,405 shares. Consolidated Bakeries dipped 15 cents trading of 4,358 units to close at $1.75, Derrimon Trading climbed 9 cents and exchanged 289,096 shares at $2.59, Everything Fresh shed 9 cents in transferring 82,300 units at $1.01. Express Catering lost 25 cents in trading 1,745 units at $6, Fosrich lost 10 cents with 25,951 units changing hands at $4.30, General Accident lost 44 cents in swapping 51,047 units at $6. GWest Corporation fell 4 cents trading 52,801 shares to close at $1.06, Honey Bun ended with 204,528 shares crossing the exchange, after rising 35 cents to close at $8.50, iCreate closed trading of 86,890 units with a gain of 5 cents to end at 80 cents. Iron Rock Insurance declined 20 cents to settle at $3.80 with an exchange of 1,500 shares, ISP Finance climbed 50 cents in exchanging just one share at $29.50, Jamaican Teas dipped 29 cents in trading 801,148 units to end at $7, Key Insurance dipped 10 cents in transferring 2,184 units at $3.80. Lasco Distributors lost 2 cents trading 626,778 shares to close at $3.11, Lasco Financial ended swapping with 4,428 shares, after rising 25 cents to finish at $4.35, Lasco Manufacturing closed 7 cents higher at $4.32, with the trading of 12,506 stock units. Limners and Bards lost 10 cents in exchanging 25,369 units at $2.90, Lumber Depot climbed 12 cents and traded 736,293 shares at $1.65, Mailpac Group closed 2 cents higher at $2.10, with 2,647,671 stock units trading. SSL Venture shed 9 cents in exchanging 6,500 units at $1.25 and Stationery and Office Supplies lost 50 cents in transferring 22,300 shares to close at $10.15.

Prices of securities trading for the day are those at which the last trade took place.

Junior Market slips on rising stocks

The Junior Market of the Jamaica Stock Exchange closed on Tuesday with 33 securities changing hands, resulting in 15 securities advancing, 8 declining and 10 remaining unchanged.
The Junior Market Index declined 6.49 points to close at 3,256.34 and the market’s average PE Ratio ended the day at 14.2 earnings for 2019.
Market activity close with an exchange of 3,923,066 units valued at $17,832,838 compared to 2,705,269 units valued at $10,296,689 from 34 companies on Monday.
Trading ended with an average of 118,881 units for an average of $540,389 in contrast to 79,567 units for an average of $302,844 on Monday. The average volume and value for the month to date amounts to units 180,987 valued at $768,779 and previously 189,635 valued at $800,580. In contrast, December closed with an average of 521,319 shares at $1,344,719 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows seven stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close of the market, Access Financial gained $1.60 to end at $32.10, in trading 10,867 shares, AMG Packaging declined by 20 cents to settle at $2, after exchanging 204,558 stock units, Consolidated Bakeries rose 10 cents with a transfer of 300 units at $1.90, Dolphin Cove lost 5 cents in trading 217 shares to close at $11.75. Derrimon Trading dipped 5 cents in the trading of 2,538 units at $2.50, Everything Fresh ended with 14,500 shares changing hands, after rising 3 cents to end at $1.10, Express Catering lost 5 cents in the trading of 4,876 units at $6.25. Fosrich lost 6 cents in trading 59,940 shares to close at $4.40, General Accident climbed 24 cents to close at $6.44, with 3,000 stock units crossing the exchange, GWest Corporation closed 3 cents higher at $1.10, trading 30,858 stock units. Honey Bun climbed 85 cents and exchanged 26,155 shares at $8.15, iCreate gained 1 cent to end at 75 cents, trading 193,406 shares, Indies Pharma fell 8 cents in trading of 190,360 units at $2.92, Jamaican Teas lost 61 cents in exchanging 874,330 shares to close at $7.29. Jetcon Corporation ended trading with 102,054 shares, after rising 10 cents to end at $1.60, Key Insurance closed trading of 200 units and gained 30 cents to end at $3.90, KLE Group ended with 8,977 shares changing hands, after rising 4 cents to end at $2.04. Knutsford Express climbed 1 cent, with an exchange of 578 shares at $10, Lasco Financial closed with a loss of 16 cents at $4.10, in swapping of 28,880 shares, Lasco Manufacturing lost 35 cents trading 44,141 units at $4.25. Lumber Depot closed 1 cent higher at $1.53, with 158,203 stock units trading, MailPac Group ended with 591,022 shares crossing the exchange, after rising 3 cents to end at $2.08. Main Event exchanged 23,894 stock units after rising 4 cents to close at $6.04, Paramount Trading shed 18 cents in trading of 5,000 units at $1.72 and Stationery and Office Supplies gained 15 cents in exchanging 5,317 shares to close at $10.65.

Prices of securities trading for the day are those at which the last trade took place.

Junior Market trading slips – Monday

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Trading on the Junior Market of the Jamaica Stock Exchange ended on Monday with 34 securities changing hands, resulting in an exchange of 2,705,269 units valued at $10,296,689 compared to 13,086,482 units amounting to $78,746,137 from 30 companies on Friday.
At the close of market activities, the prices of 15 securities advanced, 13 declined and 6 remained unchanged. The Junior Market Index fell 22.53 points to close at 3,262.83 and the market’s average PE Ratio ended the day at 13.9 earnings for 2019.
Trading ended with an average of 79,567 units for an average of $302,844 in contrast to 436,216 units for an average of $2,624,871 on Friday. The average volume and value for the month to date amounts to units 189,635 valued at $800,580 and previously 208,070 valued at $883.944. In contrast, December closed with an average of 521,319 shares at $1,344,719 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice two bid-offer indicator reading shows seven stocks ending with bids higher than their last selling prices and two with lower offers.
At the close of the market, Access Financial closed 50 cents higher at $30.50, with 1,100 stock units crossing the exchange, Blue Power declined 50 cents in trading of 21,110 units at $4.50, Cargo Handlers fell $1.50 trading of 23,803 units at $8. Caribbean Producers ended market activity exchanging 199,750 shares to close at $4.80 after falling 20 cents, Consolidated Bakeries traded 20,000 units and gained 11 cents to end at $1.80, Dolphin Cove gained $1 to end at $11.80 with 10,388 stock units trading. Derrimon Trading fell 3 cents with 9,565 units changing hands at $2.55, Everything Fresh climbed 3 cents in exchanging 6,914 shares at $1.07, Fontana rose 40 cents trading 34,132 stock units at $7, Fosrich gained 9 cents and exchanged 134,721 shares at $4.46. General Accident closed with a loss of 25 cents at $6.20, after swapping of 36,453 shares, GWest shed 18 cents in trading of 35,310 units at $1.07, Honey Bun closed with a loss of 80 cents at $7.30, after swapping of 121,550 shares, iCreate ended with a loss of 1 cent at 74 cents with 48,160 stock units changing hands. Indies Pharma declined 19 cents to settle at $3 with 53,342 units crossing the exchange, Jamaican Teas ended trading with 219,731 shares, after rising 50 cents to end at $7.90. Jetcon Corporation fell 20 cents with an exchange of 15,000 units at $1.50, Key Insurance closed 10 cents higher at $3.60, with 37,170 stock units trading, Knutsford Express declined 61 cents to settle at $9.99 after trading 19,746 shares. Lasco Distributors closed with 62,097 units hanging hands and rose 7 cents to end at $3.13, Lasco Financial ended with a loss of 1 cent at $4.26 with 18,327 stock units changing hands, Lasco Manufacturing closed 10 cents higher at $4.60, with 218,213 stock units trading. Lumber Depot closed with an exchange of 531,327 units and gained 2 cents to end at $1.52, Mailpac Group fell 9 cents to end at $2.05, after swapping of 310,503 shares, Main Event closed 84 cents higher at $6.04, with 5,000 stock units trading. Medical Disposables ended trading of 200 shares, after rising 30 cents to end at $7, Paramount Trading closed with 8,600 units changing hands, after rising 15 cents to end at $1.90 and SSL Venture traded 11,500 stock units and rose 3 cents to end at $1.34.

Prices of securities trading for the day are those at which the last trade took place.

Main Event & Sygnus lead IC TOP 10

Main Event revenues are growing strongly.

Entertainment event planners, Main Event and Sygnus Credit Investments US dollar-based stock surged to number one spot on the Junior and Main markets of the Jamaican Stock Exchange in a week with just one change to the TOP 10 lists.
Dolphin Cove’s price moved to $11.90 and the stock moved out of the Junior Market TOP 10 and is replaced by General Accident with the stock price falling to $6.45.
The Jamaica Stock Exchange got some price changing news during the past week. Jamaican Teas announced that the directors would be meeting to consider increasing the share capital and a sub-division of the companies issued shares. That news created added interest in the stock, driving the price from $6.58 to close the week at $7.40. Pulse Investments announced expansion into residential real estate development for sales and the retention of some units. The stock was added to the Main Market TOP 10 in 2019 and is on the verge of moving out, with increased buying interest. KLE Group announced the buy-out of the Tacks and Records restaurant in Montego Bay that will add significantly to revenues and boost profitability. KLE is one to watch. Proven Investments announced another stock offering, this time to the wider public. The move with help to boost broader interest in the stock as it pulls in new shareholders.
The JSE Main Market ended the week, with an overall PE of 21.2 and the Junior Market 14.4, based on current 2019 earnings. The PE ratio for Junior Market Top 10 stocks averages 8.9 with the Main Market at 10.9.
The targeted average PE ratio is 25, with several stocks trading at that level or just under, in 22 times region, currently. The TOP 10 companies now trade at a discount of 87 percent of the average for Junior Market and Main Market stocks trade at a discount of 49 percent to the overall market.
The average projected gain for the IC TOP 10 stocks is 187 percent for the Junior Market and 135 percent for JSE Main Market, based mostly on 2019 earnings.
The top three Junior Market stocks currently are by Main Event with projected gains of 305 percent, followed by Medical Disposables with 257 percent and CAC 2000, with 188 percent likely capital growth.
Sygnus US dollar-denominated stock, holds on to the lead of Main Market stocks with projected gains with 186 percent, followed by Carreras in the number two spot, with 171 percent and Berger Paints with 165 percent.
IC TOP 10 stocks are likely to deliver the best returns to March this year. Forecasted earnings and PE ratio for the current fiscal year are in determining potential gains. Possible gains for each stock are ranked, with highest-ranked being the most attractive. Expected values will change as stock prices fluctuate and will result in movements of the selection in and out of the lists for most weeks. Earnings per share are revised on an ongoing basis as new information is received that can result in changes in and out of the list.

Persons who compiled this report may have an interest in securities commented on.

Trading jumps for Junior market

Trading on the Junior Market of the Jamaica Stock Exchange closed on Friday with 30 securities changing hands, resulting in an exchange of 13,086,482 units valued at $78,746,137 compared to 1,796,789 units valued at $5,251,681 from 36 stocks on Thursday.
At the close of market activities, the prices of 13 securities advanced, 11 declined and 6 remained unchanged and the Junior Market Index advanced by 15.20 points to close at 3,285.36. The market’s average PE Ratio ended the day at 14 earnings for 2019.
Trading ended with an average of 436,216 units at $2,624,871 for each security traded, in contrast to 49,911 units for an average of $145,880 on Thursday. The average volume and value for the month to date amounts to units 208,070 valued at $883,944 and previously 168,507 valued at $582,049. In contrast, December closed with an average of 521,319 shares at $1,344,719 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows seven stocks ended with bids higher than their last selling prices and two with a lower offer.
At the close of the market, Blue Power fell 50 cents in trading of 225 units at $5, Cargo Handlers closed trading of 267 units and gained 44 cents to end at $9.50, Caribbean Cream traded 3,300 units and gained 18 cents to end at $4. Caribbean Producers climbed 20 cents and exchanged 1,250 shares at $5, Consolidated Bakeries closed 1 cent higher at $1.69, with 7,000 stock units trading, Dolphin Cove rose 10 cents in trading 5,100 shares at $10.80, Elite Diagnostic ended with a loss of 1 cent at $4.88 with 110,409 stock units changing hands. Fontana dropped 40 cents in trading of 10,229,096 units at $6.60, Fosrich declined by 3 cents to settle at $4.37 after 179,926 units crossed the exchange, General Accident closed 28 cents higher at $6.45, after trading 2,600 stock units, GWest Corporation exchanged 33,829 units and gained 6 cents to end at $1.25. Honey Bun inched 1 cent higher in exchanging 3,407 shares at $8.10, iCreate ended trading with 35,633 shares, rising 4 cents to end at 75 cents, Jamaican Teas lost 10 cents transferring 134,205 units at $7.40, Jetcon Corporation fell 5 cents to end at $1.70, in swapping 15,716 shares. KLE Group closed trading of 203,552 units and gained 30 cents to end at $2, Lasco Distributors lost 19 cents with 34,425 shares changing hands to close at $3.06, Lasco Financial closed with a loss of 13 cents at $4.27, after swapping of 74,300 shares. Lasco Manufacturing fell 16 cents trading of 9,790 units at $4.50, Limners and Bards ended trading of 91,316 shares, after rising 10 cents to $3, Mailpac Group exchanged 630,031 units and gained 9 cents to end at $2.14, Paramount Trading shed 4 cents in transferring 82,000 units at $1.75. SSL Venture closed trading of 97,949 units and gained 6 cents to end at $1.31 and Stationery and Office Supplies declined 45 cents with 15,690 units trading at $10.50.

Prices of securities trading for the day are those at which the last trade took place.

Junior Market moved higher

Trading on the Junior Market of the Jamaica Stock Exchange ended on Thursday with 36 securities changing hands, resulting in an exchange of 1,796,789 units valued at $5,251,681 compared to 12,466,951 units valued at $49,798,922 on Wednesday.
At the close of market activities, the prices of 17 securities advanced, 12 declined and 7 remained unchanged and the Junior Market Index advanced 29.65 points to close at 3,270.16.
The market’s average PE Ratio ended the day at 13.9 times earnings for 2019.
Trading ended with an average of 49,911 units for an average of $145,880 in contrast to 356,199 units for an average of $1,422,826 on Wednesday. The average volume and value for the month to date amounts to units 168,507 valued at $582,049 and previously 199,671 units valued at $696,663. In contrast, December closed with an average of 521,319 shares at $1,344,719 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows three stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close of the market, Access Financial fell 58 cents in trading of 5,808 units at $30, AMG Packaging closed with a loss of 2 cents at $2.20, swapping of 193,543 shares, Blue Power climbed 40 cents and exchanged 10,117 shares to finish at $5.50. CAC 2000 lost 50 cents in trading of 1,000 units at $13, Caribbean Cream fell 18 cents in trading of 12,097 units at $3.82, Consolidated Bakeries closed 2 cents higher at $1.68, with 3,000 stock units trading, Dolphin Cove fell $1.30 in trading of 153 units at $10.70. Elite Diagnostic shed 11 cents in trading 31,000 units at $4.89, Everything Fresh closed with a loss of 3 cents at $1.04, swapping 84,393 shares, Fosrich rose 8 cents to $4.40, with 35,701 stock units changing hands, Fontana traded 76,490 units and gained 10 cents to end at $7. General Accident ended trading with 30,235 shares, after rising 17 cents to $6.17, GWest Corporation added 4 cents to finish at $1.19, with 32,734 stock units trading, Honey Bun climbed 18 cents in exchanging 11,625 shares at $8.09, Indies Pharma ended with a loss of 1 cent at $3.19 with 37,354 stock units changing hands. Iron Rock Insurance closed 10 cents higher at $4, with 6,440 stock units trading, Jamaican Teas swapped 114,066 units in adding 50 cents to end at $7.50, Jetcon Corporation climbed 1 cent and exchanged 47,500 shares at $1.75, Key Insurance closed 20 cents higher at $3.50, with 187 stock units trading. KLE Group closed trading with a loss of 5 cents at $1.70, in swapping 15,500 shares, Knutsford Express closed trading of 6,500 units and gained 1 cent to end at $10.60, Lasco Distributors finished 19 cents higher at $3.25, with 2,565 stock units crossing the exchange. Lasco Financial ended trading with 3,400 shares, after rising 12 cents to close at $4.40, Lasco Manufacturing climbed 21 cents and exchanged 27,178 shares at $4.66, MailPac Group fell 4 cents trading 264,314 units at $2.05. Main Event rose 19 cents and exchanged 11,053 shares at $5.20, Medical Disposables ended with a loss of 1 cent at $6.70 with 13,500 stock units changing hands, SSL Venture lost 13 cents in trading 285,000 shares to close at $1.25 and Stationery and Office ended exchanging 2,110 shares, after rising 45 cents to end at $10.95.

Prices of securities trading for the day are those at which the last trade took place.

Juniors slip on increased trading

Trading on the Junior Market of the Jamaica Stock Exchange ended on Wednesday with 35 securities changing hands, resulting in an exchange of 12,466,951 units amounting to $49,798,922 compared to 4,382,872 units for $10,759,249 on Tuesday.
At the close of market activities, the prices of 10 securities advanced, 20 declined and five remained unchanged. The Junior Market Index declined by 9.59 points following Monday sharp 102.64 points drop and Tuesday’s 25.45 points fall to close at 3,240.51. The market’s average PE ratio ended the day at 13.9 earnings for 2019.
Trading ended with an average of 356,199 units for an average of $1,422,826, in contrast to 128,908 units, for an average of $316,449 on Tuesday. The average volume and value for the month to date amount to 199,671 units valued at $696,663 and previously 195,824 units valued at $429,219. In contrast, December closed with an average of 521,319 shares at $1,344,719 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows ten stocks ending with bids higher than their last selling prices and five with lower offers.
At the close of the market, Access Financial gained $1.57 in trading of 4,638 units to close at $30.58, AMG Packaging lost 13 cents, exchanging 6,890 shares at $2.22, Blue Power climbed 20 cents trading 1,000 stock units at $5.10, Cargo Handlers closed at $9.06, after falling 44 cents with 1,700 units changing hands. Caribbean Cream ended trading of 18,000 units with gains of 20 cents to close at $4. Consolidated Bakeries exchanged 6,566 shares to close at $1.66 after falling 9 cents, Derrimon Trading ended with 5,000 shares changing hands, after losing 1 cent to close at $2.58, Dolphin Cove climbed to $12, after gaining $1.70 in transferring 28,724 shares. Elite Diagnostic closed at $5, rising 10 cents after trading 225,004 shares, Express Catering advanced 19 cents in trading 18,275 units to close at $6.30. Fontana swapped 107,174 stock units, with a fall of 11 cents to end at $6.90, Fosrich closed trading of 63,189 units and lost 12 cents to end at $4.32, General Accident lost 35 cents in exchanging 200,424 units at $6. GWest Corporation closed the day’s trade at $1.15, losing 5 cents swapping 202,688 shares, Honey Bun dropped 48 cents in exchanging 50,678 shares at $7.91, iCreate closed 2 cents lower to 71 cents, with 272,477 stock units changing hands. Jamaican Teas closed with gains of 89 cents at $7, in swapping of 5,634,182 shares after the company reported that the board would be meeting to consider an increase in the issued capital. Jetcon Corporation climbed 24 cents to $1.74, with an exchange of 79,000 shares, Knutsford Express dipped 41 cents, ending at $10.59 with trades of 8,843 units, Lasco Distributors dropped 24 cents after exchanging 51,094 shares at $3.06, Lasco Financial ended trading 30,669 units, after losing 19 cents to close at $4.28. Lasco Manufacturing lost 5 cents swapping 17,583 shares and ended at $4.45, Limners & Bards declined 4 cents in transferring 175,981 units at $2.90. MailPac Group shed 1 cent trading 2,430,612 units at $2.09, Main Event declined by 99 cents to settle at $5.01 with 17,989 shares changing hands. Medical Disposables lost 39 cents in exchanging 16,903 shares at $6.71, Paramount Trading ended at $1.79, after losing 4 cents trading 5,000 shares, SSL Venture Capital closed 18 cents higher at $1.38, with 33,443 stock units changing hands and tTech lost 5 cents in exchanging 30,000 units to close at $5.50.
In the junior market preference segment, CAC 2000, 9.5% gained 13 cents in trading of 118 units at $1.03.

More declines for Junior Market

Trading on the Junior Market of the Jamaica Stock Exchange ended on Tuesday with 34 securities changing hands, resulting in an exchange of 4,382,872 units amounting to $10,759,249 compared to 7,002,559 units for $26,321,318 on Monday.
At the close of market activities, the prices of 16 securities advanced, 14 declined and four remained unchanged. The Junior Market Index declined a further by 25.45 points following Monday’s 103 points fall to close at 3,250.10. At the close of the market, the average PE of the was 13.5.
Trading ended with an average of 128,908 units for an average of $316,449 in contrast to 205,958 units for an average of $774,156 on Monday. The average volume and value for the month to date amounts to 195,651 units valued at $429,219 and previously 160,734 units valued at $468,747. In contrast, December closed with an average of 521,319 shares at $1,344,719 for each security traded.
IC bid-offer Indicator| At the end of trading, the 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 of the market, Access Financial dropped $6.99 in trading of 18,222 units to close at $29.01, AMG Packaging gained 28 cents, exchanging 5,828 shares at $2.35, Blue Power climbed 12 cents, trading 80,879 stock units at $4.90, CAC 2000 lost $1.50 with 251 shares changing hands to close at $13.50. Caribbean Cream closed trading of 15,187 units and gained 5 cents to end at $3.80, Caribbean Producers closed with a loss of 20 cents at $4.80, after swapping of 58,200 shares. Consolidated Bakeries exchanged 81,779 shares to close at $1.75 after falling 5 cents, Derrimon Trading ended with 79,606 shares, changing hands, after rising 1 cent to end at $2.59. Elite Diagnostic gained 2 cents and exchanged 145,239 shares at $4.90, Everything Fresh inched 1 cent higher and exchanged 8,000 shares at $1.07, Express Catering lost 54 cents in trading 28,615 units to close at $6.11. Fontana ended trading with 87,090 shares, after rising 1 cent to end at $7.01, Fosrich closed trading of 36,796 units and gained 25 cents to end at $4.44, General Accident fell 75 cents in trading of 53,013 units at $6.35. Honey Bun climbed 37 cents in exchanging 46,289 shares at $8.39, iCreate closed 2 cents higher at 73 cents, with 22,800 stock units changing hands, Indies Pharma rose 8 cents in trading 78,474 shares at $3.20, Iron Rock Insurance lost 10 cents in exchanging 100 shares to close at 3.90 cents. ISP Finance fell $2.99 to end at $29 with 100 stock units crossing the exchange. Jamaican Teas close with a loss of 47 cents at $6.11, in swapping of 36,919 shares, Lasco Distributors climbed 30 cents after exchanging 116,228 shares at $3.30. Lasco Financial ended trading with 23,699 shares, after rising 37 cents to end at $4.47, Lasco Manufacturing ended trading of 4,298 shares, after rising 50 cents to end at $4.50, Limners & Bards declined 5 cents in swapping 42,845 units at $2.94. Lumber Depot ended with a loss of 1 cent at $1.50, with 2,400,221 stock units changing hands, MailPac Group shed 2 cents trading 787,205 units at $2.10. Main Event declined by 10 cents to settle at $6 with 22,255 shares changing hands, Medical Disposables added 10 cents in exchanging 1,138 shares at $7.10 and SSL Venture closed 20 cents higher at $1.20, with 36,788 stock units changing hands. In the junior market preference segment, Derrimon Trading dipped 30 cents in trading of 17,610 units at $1.80.

Prices of securities trading for the day are those at which the last trade took place.

Junior Market biggest one-day drop

The Junior Market suffered the worse one day fall ever on Monday, with a decline of 102.64 points to close at 3,275.55 after investors slashed the prices of 23 securities down, leaving just 6 to rise as five closed unchanged.
Monday’s decline in the index surpassed the 100.65 points fall on July 7, 2016.
At the average PE of the market fell to 13.8, down sharply from 14.6 previously.
Market activity ended with 34 securities trading, resulting in 7,002,559 units valued at $26,321,318 compared to 3,502,559 units for $8,563,366 from 34 securities on Friday.
Trading ended with an average of 205,958 units for an average of $774,156 in contrast to 103,016 units for an average of $251,864 on Friday. The average volume and value for the month to date amounts to 160,734 units with a value of $468,747 for each security, compared to 136,327 valued at $303,922 for each security traded, previously. December closed with an average of 521,319 shares at $1,344,719 for each security changing hands.
IC bid-offer Indicator| At the end of trading, the Investors Choice bid-offer indicator reading shows 7  stocks ending with bid higher than the last selling price and 4 closing with lower offers.
By the close of trading, AMG Packaging lost 18 cents to close at $2.07 with 1,500 shares changing hands, Blue Power lost 2 cents trading 7,144 units at $4.78, investors exchanged 84,810 shares of Caribbean Cream by pushing the price down 55 cents to $3.75. Derrimon Trading lost 1 cent to end at $2.58 with 1,450 stock units crossing the exchange; Dolphin Cove lost 85 cents to close at $10.30 with 94,700 units changing hands, Elite Diagnostic declined 2 cents to close at $4.88, with an exchange of 7,000 stock units. Everything Fresh shed 14 cents to end at $1.06, trading 48,540 stock units, Fontana lost 35 cents to end at $7, after exchanging 595,288 shares, FosRich had 32,717 stock units changing hands and declined by 31 cents to close at $4.19. GWest Corporation exchanged 77,692 shares after gaining 13 cents to close at $1.20; Honey Bun fell 47 cents to settle at $8.02, after trading 4,866 stock units, iCreate gained 1 cent to end the day at 71 cents with 59,500 shares changing hands. Jamaican Teas declined 2 cents to end at $6.58 with 1,933,136 stock units crossing the exchange, Jetcon Corporation fell 28 cents while exchanging 207,813 shares and ended at $1.50. Key Insurance rose 10 cents to close at $3.30 with 44,467 units changing hands, Knutsford Express gained 40 cents to end at $11 with 5,156 units crossing the exchange. Lasco Distributors dipped 30 cents trading 111,708 shares to end at $3, Lasco Financial swapped 29,700 stock units after falling 20 cents to end at $4.10, Lasco Manufacturing lost 66 cents to settle at $4 with 146,880 shares changing hands. Limners & Bards fell 1 cent with 103,876 stock units changing hands at $2.99. Lumber Depot gained 1 cent to end at $1.51 with a transfer of 2,302,905 stock units; Main Event gained 5 cents trading 22,291 shares to settle at $6.10, Medical Disposables shed 55 cents to end at $7 with an exchange of a mere 200 units. Paramount fell 27 cents while trading 834 shares to close at $1.83, SSL Venture Capital lost 20 cents to close at 52 weeks’ low of $1 with 185,114 stock units changing hands. Stationery and Office Supplies fell 50 cents to end at $10.50 with 105,795 shares crossing the exchange and tTech ended at $5.55 after gaining 5 cents while exchanging 100 units.

Prices of securities trading for the day are those at which the last trade took place.