The Junior Market is caught up in a triagle formation that is constraining a break out for the time being.
Trading on the Junior Market of the Jamaica Stock Exchange closed on Friday with more stocks closing with unchanged prices than those rising or falling as volume traded dropped from Thursday’s level.
At the close of trading 26 securities changed hands, down from 34 on Thursday with the prices of 7 rising, 5 falling and 14 remaining unchanged. The market is caught up in a trianglular formation that is constraining a break out for the time being. The chart shows that a break out to the upside is not far off.
The market Index fell 18.14 points to close at 3,111.84 as 4,781,877 units valued at $19,202,368 changed hands, compared to 8,504,010 units valued at $31,076,711 on Thursday.
Trading ended with an average of 183,918 units for an average of $738,553 in contrast to 250,118 units for an average of $914,021 on Thursday. 
The average volume and value for the month to date amounts to units 173,031 for an average of $731,049, previously, 195,632 at $730,567. In contrast, May ended with an average of 81,626 units for $311,248 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 4 stocks ended with bids higher than their last selling prices and 2 with lower offers.
At the close of the market, AMG Packaging fell 1 cent to $1.99 with 57,720 stock units changing hands, Blue Power traded 22,699 shares at $4.50, Caribbean Flavours exchanged 27,000 shares at $14.30, Cargo Handlers traded 1,000 shares, to end at $9.20. Caribbean Producers exchanged 89,956 units at $4.75, Derrimon Trading closed at $2.60 in trading 5,500 shares, Dolphin Cove closed with a loss of $1.10 at $10.65, in swapping 114,500, shares, Elite Diagnostic ended trading with 27,000 shares, after rising 5 cents to end at $4. Everything Fresh exchanged 208,000 units to close at $1.47, Express Catering closed 2 cents higher at $7.02, with 13,823 stock units changing hands, Fontana rose 15 cents to close at $4.55, with 211,107 stock units trading, FosRich Group closed trading with 144,278 units and gained 15 cents to end at $5. 
General Accident exchanged 34,633 shares at $4.15. GWest Corporation traded 38,980 shares to end at $1.15, iCreate fell 9 cents in trading 577,519 units to close at 71 cents, Jamaican Teas finished trading 16,033 shares with a rise of 20 to $4.55, Jetcon Corporation closed with a loss of 10 cents at $1.90, in swapping 533 shares. Key Insurance ended trading with 7,000 shares, after rising 25 cents to $3.60, Knutsford Express exchanged 13,588 shares at $11, Lasco Distributors closed 9 cents higher at $3.69, with 185,348 stock units changing hands. Lasco Financial declined 60 cents to $4.80 in trading of 1,098,116 units and Lasco Manufacturing exchanged 1,801,604 shares, and rose 10 cents to end at $4.20. Medical Disposables closed trading of 45,260 units at $7, SSL Venture Capital ended market activity with 25,000 shares trading at $1.61 and Stationery and Office Supplies closed with 3,408 shares changing hands at $9.60.
Prices of securities trading for the day are those at which the last trade took place.
National Enterprises lost 2 cents and ended at $6.66, with an exchange of 2,027 stock units, Trinidad & Tobago NGL lost 2 cents to close at $29, after exchanging 57,540 shares.
The JSE All Jamaican Composite Index surged 6,329.49 points to a record close of 493,109.13 and the JSE Index jumped 5,751.84 points to close at points to a new closing high of 449,095.71.
Market activity ended with 100,042,177 units with a value of $2,008,625,701 changing hands, in contrast to 45,741,770 units with a value of $2,118,495,057 on Wednesday.
NCB Financial Group jumped $2 to close at $180, with an exchange of 8,791,789 stock units, Portland JSX gained 60 cents trading 2,574 shares to close at $8.50. Proven Investments gained $1.50 while trading 7,556 shares to close at $35, Sagicor Group jumped $3 to finish at $51 with 12,286 shares crossing the exchange, Scotia Group rose 40 cents to $55.50, with an exchange of 149,977 shares. Supreme Ventures declined 39 cents trading with 154,949 stock units to close at $28.50 and Sygnus Credit Investments US denominated stock, traded in the regular market, at a new high of $13.06 after jumping $1.64 with an exchange of 794,875 shares.
Blue Power traded 34,108 shares at $4.50, CAC 2000 rose $1.24 in trading 345 shares to close at $14, Cargo Handlers ended trading with 1,100 shares, after rising 20 cents to end at $9.20. Caribbean Cream fell 39 cents to settle at $5.40 with an exchange of 13,700 shares, Caribbean Producers lost 15 cents trading 30,354 units at $4.75, Consolidated Bakeries closed trading of 117,929 units with a gain of 1 cent to end at $2. Derrimon Trading closed at $2.60 trading 64,000 shares, Dolphin Cove concluded trading of 1,230 shares with a rise of $1.25 to end at $11.75, Elite Diagnostic closed with a loss of 5 cents at $3.95, swapping of 21,074, shares, Everything Fresh traded 102,200 units to close at $1.47. Express Catering declined 10 cents to settle at $7 after exchanging 36,500 shares, FosRich Group dipped 15 cents in trading of 95,805 units at $4.85, Fontana closed 15 cents higher at $4.55, with 207,732 stock units trading, General Accident fell 5 cents in trading of 5,101,798 units at $4.15. GWest Corporation ended trading with 30,000 shares, after rising 9 cents to end at $1.15, Honey Bun closed trading of 98,562 units and gained 50 cents to end at record high of $7, iCreate climbed 1 cent and exchanged 105,757 shares in closing at 80 cents. Indies Pharma closed trading of 37,672 units after gaining 10 cents to end at $3.20, Iron Rock declined by 5 cents to settle at $3.50, in exchanging 41,210 shares, ISP Finance settled at $4.13 higher at $19.63 with just 398 units changing hands, Jamaican Teas closed trading of 21,000 units and gained 5 cents to end at $4.35. 
Jetcon Corporation closed trading of 155,708 units, rising 1 cent to end at $2. KLE Group exchanged 30,547 shares to close at $2.15, Knutsford Express closed trading of 3,478 units at $11, Lasco Distributors closed with a loss of 9 cents at $3.60 after swapping 52,667, shares. Lasco Financial ended trading with 73,387 shares, after rising 10 cents to end at $5.40, Lasco Manufacturing added 10 cents in exchanging 106,316 shares at $4.10, Main Event closed 40 cents higher at $5.90, with 170,410 stock units trading, Medical Disposables closed trading of 72,400 units at $7. Paramount Trading closed 3 cents higher at $2.03, trading 2,762 stock units, SSL Venture Capital ended trading with 1,542,184 shares, after rising 1 cent to end at $1.61, Stationery and Office ended trading of 40,567 shares, to end at $9.60 and tTech traded 300 shares, after rising 60 cents to end at $5.46.
The JSE All Jamaican Composite Index pushed 3,240.99 points to a new record close of 486,779.64 and the JSE Index climbed 2,945.21 points to a new closing high of 443,343.87.
The market closed with average of 1,386,114 units valued at an average of $64,196,820 for each security traded. In contrast to 1,190,611 units for an average of $9,514,318 on Tuesday. The average volume and value for the month to date amounts to 1,475,774 shares, with a value of $16,281,943, compared to 1,482,687 shares, with a value of $12,268,768 previously. May closed with an average of 2,248,261 units at an average of $12,751,529 for each security traded.
NCB Financial Group jumped $5 to close at $178, with an exchange of 8,142,680 stock units, PanJam Investment climbed $1.49 to end trading of 990 shares at $95.99. Proven Investments declined $1.50 while trading 3,690 shares to close at $33.50, Pulse Investments rose 34 cents to close at $2.84, trading 20,000 shares. Sagicor Group finished trading at $48 with 340,467 shares crossing the exchange after falling 50 cents, Scotia Group climbed $1.90 to $55.10, with an exchange of 10,133,531 shares and Seprod declined $1 concluded trading with 103,100 stock units at $47.
Indies Pharma shed 20 cents in trading of 49,599 units at $3.10, Iron Rock closed at $3.55, trading 58,790 shares. Jamaican Teas lost 20 cents in trading of 59,159 units to close at $4.30, Jetcon Corporation climbed 4 cents and exchanged 4,800 shares at $1.99. Knutsford Express fell $1.50 in trading of 1,522 units at $11, Lasco Distributors ended trading of 5,754 shares, after rising 4 cents to end at $3.69, Lasco Financial rose 10 cents to end at $5.30, trading 6,289 shares, Lasco Manufacturing lost 1 cent to close at $4 with 143,555 stock units changing hands. Main Event climbed 5 cents while exchanging 12,566 shares at $5.50, Medical Disposables lost 50 cents trading of 37,743 units at $7 and Stationery and Office ended trading of 30,476 shares, after rising 10 cents to end at $9.60.
The JSE All Jamaican Composite Index climbed 3,373.63 points to reach an intraday record high of 487,004.99 just after 11 am on Tuesday, but the market failed to hold on to the early gains ending with a modest fall at the close.
Mayberry Investments gained 25 cents trading 2.942 shares at $8.50, NCB Financial Group lost 99 cents to close at $173, with an exchange of 1,429,495 stock units, Portland JSX lost 65 cents to settle at $7.85, trading 500 shares, PanJam Investment climbed $1 to conclude trading of 37,270 shares at $95. Pulse Investments fell 48 cents to close at $2.50, trading 190,101 shares. Salada Foods traded just 703 shares and declined $2.99 to close at $31.01, Scotia Group fell 30 cents to $53.20, with an exchange of 105,110 shares and Stanley Motta lost 50 to end at $48, in trading 33,968 shares.
Trading levels pulled back sharply on Tuesday at the close of the Junior Market and ending with 27 securities changing hands, against 35 on Monday.
Indies Pharma traded 74,924 shares, after rising 20 cents to end at $3.30, Iron Rock closed 3 cents higher at $3.55, with 32,000 stock units trading. ISP Finance climbed 50 cents and exchanged 2,916 shares at $15.50, Jamaican Teas gained 6 cents in exchanging 1,104 shares at $4.50, Jetcon Corporation declined by 5 cents to settle at $1.95 after trading 54,881 units, Key Insurance climbed 35 cents and exchanged 180,623 shares at $3.35. Lasco Distributors fell 5 cents trading 23,742 units to close at $3.65, Lasco Financial exchanged 290,924 shares at $5.20, Lasco Manufacturing dipped 14 cents in trading 127,727 units to close at $4.01, Main Event ended trading with 65,328 shares, after rising 2 cents in closing at $5.45. Medical Disposables closed 10 cents higher at $7.50, with 9,507 stock units trading, SSL Venture Capital rose 10 cents to $1.60, in trading 16,400 shares and Stationery and Office closed trading of 53,750 units and gained 5 cents to end at $9.50.
JMMB Group dropped 2 cents to $2.03, trading 87,836 stock units, Scotiabank declined 5 cents and ended at $62.50, with 9,430 stock units crossing the exchange. Trinidad Cement ended trading 5 cents lower and settled at $2.50, trading 1,192 units and West Indian Tobacco fell $1.73 and ended at $110.27, with 3,048 stock units changing hands.
The average volume and value for the month to date amounts to 1,508,699 shares, with a value of $12,537,308, compared to 1,430,601 shares, with a value of $13,110,955 previously. May closed with an average of 2,248,261 units at an average of $12,751,529 for each security traded.
Pulse Investments rose 33 cents to close at $2.98, trading 24,500 shares. Salada Foods traded 205 shares after rising $1.50 to close at $34, , Sagicor Group traded 18,082 units with a rise of 50 cents to close at $48.50, Scotia Group climbed $1.25 to close at $53.50, with an exchange of 172,626 shares and Seprod lost $1.98 to end at $48, in trading 99,522 shares.
