Stocks lose steam on Friday

Stocks lost steam after a strong gain on Thursday and ended, with declining stocks outran those gaining on a near 2 to 1 ratio on Friday, as 113 percent more shares were exchanged than on Thursday with a 200 percent greater value at the close of the Jamaica Stock Exchange Junior Market.
Thirty seven (37) securities traded, up from 34 on Thursday and ending with 11 stocks rising, 19 declining and seven closing unchanged.
The Junior Market Index fell 21.17 points to 3,400.73. The PE Ratio a measure used to compute an appropriate stock value, averaged 13.1 based on ICInsider.com’s 2021-22 earnings forecast.
Overall, 7,615,922 shares traded for $31,395,162, up from 3,577,660 units at $10,453,518 on Thursday.
Caribbean Cream led trading, with 22.4 percent of total volume after trading 1.71 million shares,  Fontana followed with 1.29 million units for 16.9 percent,  Future Energy Source added 16.4 percent, with an exchange of 1.25 million units and Mailpac Group contributed 15 percent, with 1.15 million units changing hands.

Trading averaged 205,836 units at $848,518 in contrast to 105,225 at $307,456 on Thursday. The month to date average is 172,172 units at $494,563, compared to 169,018 units at $461,407 on Thursday. June closed with an average of 225,705 units at $644,459.
Investor’s Choice bid-offer indicator shows one stock ending with a higher bid than its last selling price and four with lower offers.
At the close, AMG Packaging advanced 14 cents to $1.66 with 8,078 shares changing hands, CAC 2000 shed $2 to $9.50 with an exchange of 258 units, Caribbean Assurance Brokers rose 7 cents to $2.05 with 116,907 stocks traded. Caribbean Cream spiked $1.11 to close at a 52 weeks’ high of $6.85 with a transfer of 1,709,762 shares after investors reacted positively to the reporting of a doubling in first quarter profit. Consolidated Bakeries fell 21 cents to $1.68, with 3,741 units passing through the market, Dolphin Cove declined by 12 cents to $8.28, with 616 stocks changing hands. Everything Fresh slipped 5 cents to $1 with an exchange of 80,427 shares, Fosrich fell 8 cents to $8.12 with 7,623 units traded, Future Energy Source rallied 14 cents to $1.70 with a transfer of a sizeable 1,249,955 stocks. iCreate rose 8 cents to 86 cents with investors exchanging 11,020 shares, Indies Pharma popped 9 cents to $3.65, with 122,881 units changing hands, Jamaican Teas lost 7 cents to end at $4 with an exchange of 466,801 stocks. Jetcon Corporation fell 7 cents to $1.30 with 55,362 shares changing hands, Knutsford Express dropped 85 cents to $7.15 with a transfer of 34,767 units, Lasco Distributors slipped 3 cents to $4.02, in switching ownership of 9,516 stocks. Lasco Manufacturing declined by 10 cents to $5.25, with 46,075 shares changing hands, Limners and Bards lost 5 cents to settle at $3.15 with an exchange of 11,506 units, Mailpac Group dropped 8 cents to $3.80 with 1,151,450 stocks traded. Medical Disposables spiked 31 cents to $5.28, with a transfer of 50,000 stock units and Paramount Trading fell 9 cents to $1.16 with 153,518 shares crossing the exchange.

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

Stocks climbed higher on Tuesday

Stocks ended with a bounce on Tuesday, with the market. Index spiked 32.96 points higher to settle at 3,396.33 after hitting a high of 3,405.06 points in early trading and closed, with the volume of stocks traded falling 39 percent and the value down 27 percent compared to Monday on the Junior Market of the Jamaica Stock Exchange.
A total of 37 securities traded up from 36 on Monday and ended with 17 rising, 13 declining and seven closing unchanged.
The PE Ratio, a measure used to compute an appropriate value of a stock, averages 13.1 based on ICInsider.com’s 2021-22 earnings forecast.
Trading ended with 3,308,374 shares changing hands for $10,279,533 compared to 5,457,462 units at $14,101,487 on Monday.
Future Energy Source led trading with 22 percent of total volume after trading 728,575 shares followed by Lumber Depot 14.4 percent, with 475,642 units and Jamaican Teas 10.7 percent after an exchange of 355,026 units.
Trading averaged 89,416 units at $277,825, in contrast to 151,596 at $391,708 on Monday. Month to date trades average 147,927 units at $444,785, compared to 155,418 units at $466,160 on Monday. June closed with an average of 225,705 units at $644,459.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, AMG Packaging shed 11 cents to close at $1.57 in exchanging 7,966 shares, Blue Power fell 7 cents to $3.53 after trading 35,000 stock units, Caribbean Assurance Brokers dipped 13 cents to $1.78 with 4,259 units crossing the market. Caribbean Cream shed 20 cents to end at $5.50 in an exchange of 16,175 stock units, Consolidated Bakeries rallied 21 cents to a 52 weeks’ close of $1.89 with a transfer of 900 units, Elite Diagnostic advanced 48 cents to $3.58 with 107,088 shares crossing the exchange. Everything Fresh picked up 6 cents to close at $1.06 with 5,906 stocks changing hands, Express Catering lost 5 cents to finish at $6 in transferring 30,510 stock units, Fontana fell 6 cents to $6 after exchanging 113,332 shares. Fosrich dropped 67 cents to $7.60 with the swapping of 58,741 units, Future Energy Source popped 6 cents to close at a record closing high of $1.50 in switching ownership of 728,575 stocks, Honey Bun shed 24 cents in closing at $6.53 and exchanging 40,633 stock units, Indies Pharma climbed 40 cents to $3.90 in trading 62,826 stocks, Iron Rock Insurance spiked 81 cents to $4.20 in trading 58,957 shares, Jetcon Corporation lost 5 cents in closing at $1.35 with 7,155 units crossing the market, Knutsford Express rallied 7 cents to $7.15 after an exchange of 5,613 stocks, Lasco Distributors rose 21 cents to $4.09 with 6,182 stock units changing hands. Lasco Financial gained 17 cents to end at $3.32 in switching ownership of 6,510 shares, Lasco Manufacturing picked up 9 cents in closing at $5.35 with a transfer of 6,025 stock units, Mailpac Group fell 11 cents to $3.83 with the swapping of 347,242 shares, Medical Disposables dipped 15 cents to $5 with an exchange of 40,174 units. Paramount Trading rallied 21 cents to settle at $1.37 in exchanging 687 stocks and Stationery and Office Supplies popped 25 cents to $8 in trading 29,956 shares.

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

Junior Market stumbles into weekend

Trading closed on Friday with the Junior Market Index falling a solid 33.79 points to close the week at 3,355.95, which is well below the close of 3,402.30 at the end of the prior week as trading resulted in an exchange of 28 percent fewer shares for 36 percent less the value than on Thursday.
Thirty five (35) securities traded versus 36 on Thursday and ended with prices of 15 stocks rising, 12 declining and eight, closing unchanged.
The PE Ratio, a measure used to compute an appropriate stock value, averages 12.9 based on ICInsider.com’s 2021-22 earnings forecast.
Trading ended with 5,232,244 shares changing hands for $22,118,856, down from 7,218,781 units at $34,584,400 on Thursday.
Fosrich Group led trading with 28.8 percent of total volume, after trading 1.50 million shares, followed by Lasco Financial 17.8 percent, with 932,128 units and Future Energy Source 14.9 percent, with an exchange of 778,165 units.
Trading on Friday averages 149,493 units at $631,967 down from 200,522 at $960,678 on Thursday. Month to date trades average 155,961 units at $476,754, close to 157,000 units at $451,835 on Thursday. June closed with an average of 225,705 units at $644,459.

Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Access Financial fell $2.06 to $20.64, trading 525 shares, Blue Power rose 5 cents to $3.55 with a transfer of 15,628 stocks, Cargo Handlers rallied 60 cents to $8.40 with 161 units changing hands. Caribbean Flavours dropped 18 cents to $1.96 with an exchange of 50,135 shares, Caribbean Producers rose 23 cents to close at a 52 weeks’ high of $4.98, after trading 34,319 stocks, Consolidated Bakeries fell 10 cents to $1.68 with 10,500 units traded. Dolphin Cove popped 10 cents to $8.40 with a transfer of 60 stock units, Elite Diagnostic slipped 5 cents to $3.14 with 100 shares changing hands, Express Catering advanced 24 cents to $6.24 with an exchange of 50,649 units. Fosrich dropped 79 cents to $7.50 with 1,504,969 stocks passing through the market, GWest Corporation rose 5 cents to $1.15 with 75,800 shares traded, Indies Pharma increased 6 cents to $3.83 with a transfer of 29,165 units. Jamaican Teas rallied 7 cents to $4.05, with 445,096 stocks changing hands, Jetcon Corporation slipped 5 cents to $1.35, with an exchange of 56,755 stock units, Knutsford Express shed 92 cents to settle at $7.08 with investors switching ownership of 1,650 shares. Lasco Distributors dropped 29 cents to $3.90, trading 11,117 shares, Lasco Financial fell 14 cents to $3.15, with 932,128 units changing hands, Lasco Manufacturing rose 10 cents to $5.40 with an exchange of 71,538 shares. Lumber Depot popped 5 cents to $3.50 with 215,589 stocks passing through the market, Mailpac Group slipped 5 cents to $3.70, with 244,779 units traded, Main Event spiked 40 cents to $5.40 with 600 stock units changing hands and Medical Disposables bolted 49 cents to $4.90, with 22,569 shares crossing the exchange.

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

Chopping back some of Tuesday’s losses

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Trading ended on Wednesday, with the Jamaica Stock Exchange Junior Market holding onto a 14.75 points rise in the index for the day, the first daily gain since the start of July, to finish at 3,379.80 after a transfer of 67 percent more stocks than on Tuesday and bettering the trading value by 43 percent.
Thirty eight (38) securities traded from 39 on Tuesday and ended with prices 22 rising, 11 declining and five closing unchanged.
The PE Ratio, a measure used to compute an appropriate stock value, averages 13 based on ICInsider.com’s 2021-22 earnings forecast.
Trading was up over Tuesday, with 5,070,178 shares crossing the exchange for $13,802,179 compared to 3,029,126 units at $9,624,269 on Tuesday.
Caribbean Flavours led trading with 39.5 percent of total volume after 2 million shares traded, followed by Future Energy Source 10 percent, with 505,785 units and Mailpac Group 8.7 percent with an exchange of 438,573 units.
Trading averaged 133,426 units at $363,215 in contrast to 77,670 at $246,776 on Tuesday. Month to date trading averages 148,391 units at $351,184, compared to 152,341 units at $348,009 on Tuesday. June closed with an average of 225,705 units at $644,459.
Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Access Financial jumped $1.61 to $22.70 with 200 shares changing hands, Blue Power rose 10 cents to $3.50, with an exchange of 11,360 units, Cargo Handlers shed 70 cents to $7.80 in trading 5,913 stocks. Caribbean Assurance Brokers gained 10 cents to close at $1.99, with a transfer of 3,655 shares, Caribbean Cream rallied 5 cents to $5.75 with an exchange of 1,748 units, Caribbean Flavours popped 7 cents to $2.16, with 2,000,340 stocks changing hands. Caribbean Producers rose 5 cents to a 52 weeks’ high of $4.75, with 232,325 shares passing through the market, Elite Diagnostic rallied 6 cents to $3.11 in swapping 53,864 units, Express Catering climbed 30 cents to $6.30, with 15,250 stocks traded. Fontana slipped 5 cents to $6.02, with a transfer of 37,705 shares, GWest Corporation slipped 6 cents to $1.09, with 68,788 units clearing the market, Indies Pharma rose 7 cents to $3.70 in an exchange of 10,249 units. Iron Rock Insurance climbed 39 cents to $3.39 with 12,310 stocks changing hands, Jamaican Teas slipped 5 cents to $4.05 in switching ownership of 111,288 shares, KLE Group popped 30 cents to $1.35 with 8,422 units traded. Lasco Distributors rose 8 cents to $4, with a transfer of 34,518 stocks, Lasco Manufacturing rose 6 cents to $5.45 with an exchange of 420,003 shares, Limners and Bards fell 14 cents to $3.12 with 914 stock units changing hands.

Lumber Depot rose 9 cents to $3.40, with 235,690 shares changing hands, Main Event climbed 30 cents to $5 with 23,226 stocks traded, Medical Disposables shed 44 cents to close at $4.41 with a transfer of 48,748 units. Stationery and Office Supplies slipped 5 cents to $7.75, with 51,207 stock units changing hands and tTech spiked 33 cents to $4.75, with 125 shares crossing the exchange.

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

Junior Market fumbles on Monday

Trading closed on the Junior Market on Monday with the index slipping, as the volume of stocks transferred tumbled 59 percent at 44 percent less the value from Friday’s readings as rising and declining stocks shared the spoils equally.
Overall, 34 securities traded down from 37 on Friday and ended with the prices rising and declining, closing with 14 each as six closed unchanged.
At the close, the Junior Market Index slipped below the 3,400 points levels again after falling 6.44 points to 3,395.86. The PE Ratio, a measure used to compute an appropriate value of a stock, averaged 13.1 based on ICInsider.com’s 2021-22 earnings forecast.
A total of 3,684,108 shares traded for $9,320,842 down from 8,962,101 units at $16,689,987 on Friday.
Future Energy Source led trading with 52.9 percent of the volume after exchanging 1.95 million shares, followed by Lumber Depot 14.6 percent, with 537,768 units and Jamaican Teas 4.5 percent with an exchange of just 166,833 units.
Trading averaged 108,356 units at $274,142 compare to 242,219 at $451,081 on Friday. For the month to date trading averages 180,075 units at $385,610, compared to 214,420 units at $438,989 on Friday. June closed with an average of 225,705 units at $644,459.
Investor’s Choice bid-offer indicator reading shows six stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Access Financial popped 52 cents to $21.09 in trading 30 shares, Caribbean Assurance Brokers rallied 10 cents to $1.99 with owners swapping 500 stocks, Caribbean Flavours slipped 5 cents to $2.10 with 44,050 units changing hands. Derrimon Trading fell 9 cents to $2.42 with an exchange of 127,347 stock units, Dolphin Cove gained 10 cents to finish at $8.40 with 500 shares passing through the market, Elite Diagnostic dropped 15 cents to $2.95 with a transfer of 24,084 stocks. Express Catering rose 5 cents to $6.09, trading 128,661 units, General Accident fell 35 cents to $5.25 in switching ownership of 1,400 stock units, GWest Corporation advanced 10 cents to a 52 weeks’ high of $1.40 with 1,250 shares changing hands. Indies Pharma spiked 47 cents to $3.88 with an exchange of 26,872 stocks, ISP Finance shed $1.03 to close at $21.40 with 1,000 units passing through the market,  Jamaican Teas slipped 5 cents to $4.10 with a transfer of 166,833 stock units. Lasco Distributors lost 22 cents to finish at $4 with 73,010 shares traded, Lasco Financial dipped 5 cents to $3.28 with investors switching ownership of 36,613 stocks, Limners and Bards popped 5 cents to $3.10 with 36,211 units changing hands. Medical Disposables declined by 5 cents to $4.90 with a transfer of 12,792 stock units and Stationery and Office Supplies climbed 20 cents to $8 with 467 shares crossing the exchange.

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

Early gains slipped away for Junior Market

Trading closed on Friday, with prices of more shares falling than rising after the volume of stocks traded spiked 43 percent. The value popped 15 percent from Thursday trades, leaving the market index within a fraction of the previous close after failing to hold on to gains recorded earlier, until the dying moments of trading on the Jamaica Stock Exchange Junior Market.
The Junior Market Index slipped a mere 0.21 points to end at 3,402.30 after moving up to 3,440,85 points within half an hour of the opening.
Market activity led to 37 securities trading compared to 34 on Thursday and ended with the prices of 13 stocks rising, 21 declining and three closing unchanged.
The PE Ratio, a measure used to compute an appropriate stock value, averaged 13.1 based on ICInsider.com’s 2021-22 earnings forecast.
Trading ended with 8,962,101 shares for $16,689,987 compared to 6,261,693 units at $14,478,262 on Thursday. Future Energy Source led trading with 75.2 percent of total volume after trading 6.74 million shares, followed by Jamaican Teas 5.5 percent, with 494,627 units and Lumber Depot with 5 percent market share with an exchange of 450,759 units.
Trading averaged 242,219 units at $451,081 in contrast to 184,167 at $425,831 on Thursday. The month to date averaged 214,420 units at $438,989. June closed with an average of 225,705 units at $644,459.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, AMG Packaging fell 9 cents to $1.56 with an exchange of 12,700 shares, Blue Power rose 5 cents to $3.70 with 5,389 stocks changing hands, Caribbean Cream dropped 19 cents to $5.50 with 3,575 units traded. Dolphin Cove lost 10 cents to close at $8.30 with a transfer of 1,500 stock units, Future Energy Source slipped 8 cents to $1.36 with 6,740,239 shares crossing the market, General Accident climbed 35 cents to $5.60 with an exchange of 1,337 stocks. GWest Corporation advanced 29 cents to a 52 weeks’ high of $1.30 with 12,288 units changing hands, iCreate lost 6 cents to finish at 80 cents with 11,000 stock units traded, Indies Pharma dipped 39 cents to $3.41 with a transfer of 83,553 shares. Jamaican Teas slipped 5 cents to $4.15 with 494,627 stocks passing through the market, KLE Group declined 5 cents to $1.05 with an exchange of 49,119 units, Lasco Financial gained 13 cents to end at $3.33, with 47,975 stock units changing hands. Limners and Bards shed 34 cents to finish at $3.05, with 105,122 shares traded, Lumber Depot rose 7 cents to $3.37 with a transfer of 450,759 stocks, Mailpac Group rallied 12 cents to $3.82 in switching ownership of 149,351 units. Main Event popped 23 cents to $5.43 with an exchange of 3,340 stock units, Medical Disposables climbed 20 cents to $4.95 with 5,202 shares traded, Stationery and Office Supplies gained 15 cents to end at $7.80, with a transfer of 5,639 stocks, Tropical Battery slipped 5 cents to $1.44 with 242,180 units changing hands and tTech shed 35 cents to close at $4.40 with 400 shares crossing the exchange.

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

28% rise for Junior Market to June

Rising stocks was the dominant feature at the close of the Junior Market at the end of the halfway mark of the year, with a rise of 27.5 percent after the index climbed 32.15 points on the final day of June to close at 3,370.59, the best performance since 2015, the market closed the period with three stocks gaining more than 100 percent and three more than 74 percent for the year to date, one with 67 percent and one, with 66 percent.
Market activity led to 40 securities trading compared to 39 on Tuesday and ended with prices of 18 stocks rising, 12 declining and 10, closing unchanged and GWest Corporation closed at a 52 weeks’ high at $1.05.
The PE Ratio, a measure that computes an appropriate relative value of a stock, at the close on Wednesday averaged 13.1 based on ICInsider.com’s 2021-22 earnings forecast.
Trading ended with 56 percent fewer shares than on Wednesday after 7,112,638 shares changed hands for $22,638,727 compared to 16,279,953 units at $44,882,928 on Tuesday.
Mailpac Group led trading with 34.4 percent of total volume after trading 2.45 million shares, followed by Future Energy Source 12.7 percent, with 903,490 units and Jamaican Teas with 11.8 percent market share with an exchange of 841,211 units.
Trading averaged 177,816 units at $565,968 in contrast to 417,435 shares at $1,150,844 on Tuesday. The month to date trading averaged 225,705 units at $644,463, compared to 228,139 units at $648,452 on Tuesday. May closed with an average of 318,089 units at $760,337.
Investor’s Choice bid-offer indicator reading shows three stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close, Access Financial rallied 46 cents to $21 with 1,141 shares traded, CAC 2000 shed $1.58 to $10.52 with a transfer of 191 units, Fosrich lost 11 cents to finish at $8.30 with 2,914 stock units changing hands. General Accident slipped 13 cents to $5.55 with an exchange of 17,000 stocks, Honey Bun popped 12 cents to $6.97 with 30,091 shares passing through the market, Indies Pharma gained 25 cents to $3.80, with 168,608 units traded. Iron Rock Insurance rose 42 cents to $3.45 with a transfer of 33,207 stock units, Jamaican Teas rallied 14 cents to $4.19 with 841,211 units changing hands, Jetcon Corporation rose 11 cents to $1.40 with an exchange of 17,376 shares. Knutsford Express dropped 25 cents to $8.50 in switching ownership of 1,288 stocks, Lasco Distributors rose 5 cents to $4 with 89,629 units traded, Lasco Financial fell 23 cents to $3.01 with a transfer of 82,541 units. Limners and Bards popped 28 cents to $3.30 with an exchange of 275,726 stock units, Lumber Depot dipped 7 cents to $3.27, with 406,905 shares changing hands, Medical Disposables climbed 48 cents to $4.73 with 405,627 units passing through the market, Paramount Trading rose 11 cents to $1.26 with 376,855 stocks traded and Stationery and Office Supplies shed 40 cents to close at $7.60, with 3,622 shares crossing the exchange.

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

 

 

Trading surges on Junior Market

Trading closed Tuesday, with the volume of stocks rising 141 percent and the value surging 125 percent over Monday’s trades on the Junior Market of the Jamaica Stock Exchange and leading to 39 securities trading compared to 42 on Monday and ended with 19 rising, 14 declining and six remained unchanged after two stocks closed at 52 weeks’ highs.
At the close, the Junior Market Index popped 3.07 points to 3,338.44, after moving as high as just over 3,398 points at the opening of the market. The PE Ratio used to compute the relative value of a stock averages 13 based on ICInsider.com’s forecast of earnings for 2021-22 .

Trading ended with 16,279,953 shares changing hands for $44,882,928 compared to 7,252,436 units at $18,627,901 on Monday.
Derrimon Trading was the volume leader accounting for 63.2 percent, after trading 10.30 million shares, followed by Future Energy Source 7.2 percent with 1.17 million units and Jamaican Teas 6.4 percent, with 1.04 million units.
Trading averaged 417,435 units at $1,150,844 up from 172,677 at $443,521 on Monday. Trading month to date, averages 228,139 units at $648,542, compared to 218,269 units at $622,258 on Monday. May closed with an average of 318,089 units at $760,337.
Investor’s Choice bid-offer indicator reading shows two stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, Access Financial dropped 96 cents to $20.54 in exchanging 1,162 shares, Blue Power rallied 32 cents to $3.72, with an exchange of 4,300 shares. CAC 2000 spiked $1.58 to $12.10 in trading 8 stock units, Caribbean Assurance Brokers shed 9 cents to close at $1.91, with 21,950 shares clearing the market, Caribbean Cream popped 9 cents to $5.47, with the swapping of 10,261 units. Caribbean Flavours advanced 5 cents to $2.19, trading 3,913 stock units, Caribbean Producers gained 25 cents to end at $4.35 with the swapping of 497,682 units, Derrimon Trading fell 5 cents to $2.50 in exchanging 10,296,266 units. Dolphin Cove dropped 40 cents to $8 after 1,215 units crossed the market, Elite Diagnostic slipped 15 cents to $3, trading 11,001 units, Express Catering dropped 25 cents to $6.10 in exchanging 154,986 shares. Fosrich spiked 41 cents to $8.41 after trading 1,406 units, Future Energy Source gained 17 cents in ending at a 52 weeks’ high of $1.34, with 1,165,828 shares crossing the exchange, General Accident surged 43 cents to $5.68 with an exchange of 2,785 shares. GWest Corporation gained 19 cents ending at a 52 weeks’ high of $1.04 in an exchange of 59,289 units after the company posted audited accounts showing a small profit but with a large portion of income coming from revaluation gains on the investment property. Honey Bun dropped 15 cents to $6.85 after 67,279 units crossed the exchange, Indies Pharma rallied 30 cents to $3.55 in switching ownership of 17,910 units, Jamaican Teas fell 35 cents to $4.05 in trading 1,035,902 units, Jetcon Corporation shed 6 cents to $1.29 trading 2,500 shares. KLE Group slipped 12 cents to $1.23, in an exchange of 78,285 units, Knutsford Express surged $1.71 to $8.75 after an exchange of 6,342 shares, Lasco Distributors dropped 16 cents to $3.95, trading 83,468 stock units, Lasco Financial dipped 9 cents to $3.24 after exchanging 54,873 stock units. Mailpac Group rose 5 cents to $3.90 with the swapping of 609,404 stock units, Main Event rallied 23 cents to $5.43 in exchanging 33,206 stock units, SSL Venture dipped 5 cents to 60 cents with an exchange of 7,000 stock units and Stationery and Office Supplies rose 40 cents to $8 after an exchange of 600 stocks.

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

More Junior Market slippage on Monday

Investors pushed stocks trading in the early morning session of the Junior Market index up to 3,384.90 points shortly after the market opened, prices drifted down later in the day, sending the market into another day of mild decline with a minimal upward push of prices, but there was enough buying strength to push Future Energy Source and Jamaican Teas to news all-time highs during the day.

Fesco traded at a record high since listing earlier this year.

Market activity, ended with 42 securities trading, up from just 32 on Friday and ended with prices of 12 stocks rising, 24 declining and six closing unchanged. The Junior Market Index slipped 2.80 points to 3,335.37.
The PE Ratio, a measure used in determining an appropriate relative value of a stock averaged 12.6 based on ICInsider.com’s 2021-22 earnings forecast.
Market activity ended, with 7,252,436 shares changing hands at $18,627,901 compared to  6,426,251 units at $23,089,468 on Friday. Future Energy Source led trading with 42.6 percent of total volume, with 3.09 million shares and closed at a 52 weeks’ closing high of $1.17 after hitting a record high of $1.24 during the day. Jamaican Teas followed with 19.5 percent after trading 1.41 million units and Caribbean Flavours 5.7 percent, with an exchange of 409,950 units.
Trading averaged 172,677 shares at $443,521 versus 200,820 units at $721,546 on Friday. Month to date trading averaged 218,269 units at $622,258, compared to 220,981 units at $632,891 on Friday. May ended with an average of 318,089 units at $760,337.
Investor’s Choice bid-offer indicator reading shows seven stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Access Financial dropped $1.38 to $21.50 with 100 shares traded, AMG Packaging fell 14 cents to $1.56 with 55,000 stocks changing hands, Blue Power lost 20 cents to end at $3.40 with an exchange of 20,000 stock units. Caribbean Assurance Brokers rose 10 cents to $2 with a transfer of 1,000 shares, Caribbean Cream fell 37 cents to  $5.38 in switching ownership of 29,168 units, Consolidated Bakeries added 5 cents to end at $1.75 with 1,660 stocks traded. Dolphin Cove slipped 10 cents to $8.40 with 382 stock units changing hands, Express Catering popped 90 cents to $6.35 with an exchange of 89,197 shares, General Accident fell 25 cents to $5.25 with a transfer of 5,000 stocks. GWest Corporation rose 5 cents to 85 cents with 195,827 units passing through the market, Honey Bun gained 5 cents to end at $7 with 5,500 stock units traded, Indies Pharma dropped 48 cents to $3.25 with 291,275 shares changing hands. Iron Rock Insurance slipped 7 cents to $3.03 with an exchange of 13,250 units, ISP Finance spiked $4.45 to $22.43 with a transfer of 100 stock units, Jamaican Teas slipped 7 cents to $4.40 with 1,410,943 stocks changing hands after the price hit an intraday high of $4.60.  Jetcon Corporation dropped 13 cents to $1.35 with 78,559 shares traded, KLE Group rallied 10 cents to finish at $1.35 with 2,419 units changing hands, Knutsford Express shed $1.71 to close at $7.04 with an exchange of 5,426 stocks. Lasco Distributors slipped 9 cents to $4.11 with a transfer of 229,778 stock units, Limners and Bards lost 8 cents to end at $3.01 with investors swapping 34,350 shares. Main Event fell 23 cents to $5.20 with 26,845 stocks traded. Medical Disposables dipped 30 cents to $4.22 with a transfer of 161,393 units and Stationery and Office Supplies declined by 40 cents to $7.60 with 40,000 stock units crossing the exchange.
In the preference segment, CAC 2000 9.5% slipped 4 cents to $1.19 with 72 shares changing hands.

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

Bounce for juniors on Thursday

Stocks enjoyed a bullish session on Thursday, with rising stocks dominating trading after an 88 percent increase the volume of stocks traded valued 182 percent more than on Wednesday at the close of the Junior Market activity.
Market activity led to 40 securities trading compared to 38 on Wednesday and ended with the prices of 21 stocks rising, 12 declining and seven closing unchanged.
The Market Index recovered half of the losses of the past two days in closing 21.52 points higher for the day and settled at 3,349.23.  The PE Ratio, a measure that determines an appropriate relative value of each stock, averaged 12.9 based on ICInsider.com’s 2021-22 earnings forecast.
At the close a total of 9,383,807 shares traded for $40,616,428 up from 4,997,502 units at $14,398,973 on Wednesday.
Dolphin Cove led trading with 16.9 percent of total volume, after exchanging 1.59 million shares followed by Mailpac Group 16.4 percent, with 1.54 million units, Jamaican Teas 14.9 percent, with an exchange of 1.40 million units and Future Energy Source accounted for 14.3 percent, with 1.34 million units changing hands.
Trading averaged 234,595 units at $1,015,411 in contrast to 131,513 at $378,920 on Wednesday. Trading month to date, ended with an average of 221,939 units at $628,682, compared to 221,140 units at $604,278 on Wednesday. May ended with an average of 318,089 units at $760,337.
The Investor’s Choice bid-offer indicator reading shows six stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Access Financial climbed 45 cents to $20.54 with the trading of 7,003 shares, AMG Packaging gained 15 cents to end at $1.70 with an exchange of 425 stock units, Blue Power rallied 14 cents to $3.75 with 20,900 units traded. CAC 2000 jumped $1.37 to $10.52 with a transfer of 291 stocks, Caribbean Cream dropped 33 cents to $5.45 with 172,293 shares passing through the market, Caribbean Producers fell 15 cents to $4.10 trading 357,194 stock units. Consolidated Bakeries fell 8 cents to $1.70, with an exchange of 31,700 units, Elite Diagnostic advanced 19 cents to $3.19 with 100 stocks traded, Express Catering slipped 5 cents to $5.95 with a transfer of 2,982 shares. Future Energy Source rose 5 cents to a record closing high of $1.13, with investors swapping 1,338,473 stock units, Honey Bun popped 24 cents to $6.94 with 483,662 units changing hands, Indies Pharma advanced 23 cents to $3.50 with an exchange of 293,970 stocks. ISP Finance shed $4.31 to $15.51 with 204 shares traded, Jetcon Corporation rallied 27 cents to $1.48 with a transfer of 199 stock units, Lasco Distributors popped 20 cents to $4.30, with 268,644 units passing through the market. Lasco Financial gained 13 cents to finish at $3.35 with 45,330 stocks changing hands, Limners and Bards rose 7 cents to $3.13 with 37,230 shares traded, Lumber Depot slipped 6 cents to $3.27 with a transfer of 153,063 stock units. Mailpac Group lost 5 cents to end at $3.90 with investors trading 1,539,082 units, Main Event popped 43 cents to $5.43 with 16,609 stocks changing hands and Paramount Trading fell 7 cents to a 52 weeks’ low of $1.15 with 875 shares crossing the exchange.

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