The volume of stocks traded was heavy with a 663 percent surge on Friday, with a 448 percent greater value than on Thursday, resulting from 35 securities trading compared to 37 on Thursday, with 13 rising, 15 declining and seven closing unchanged on the Junior Market of the Jamaica Stock Exchange.
At the close, the Junior Market Index rose 12.12 points to settle at 3,367.03 to be up 39 points for the week as the market seems to be moving steadily away from the downward pull of resistance, just below 3,300. The PE Ratio, a measure that compares the relative value of each stock, averages 13 based on ICInsider.com’s 2021-22 earnings forecast.
Trading ended with 41,113,964 shares changing hands for $73,698,638 well up on the 5,390,213 units at $13,454,101 on Thursday. Caribbean Flavours led trading with 48.6 percent for 20 million shares, followed by Future Energy Source 40.1 percent with 16.47 million units and Indies Pharma with 2 percent of the day’s trade for 816,718 units.
Trading averaged 1,174,685 units at $2,105,675 in contrast to 145,681 at $363,624 on Thursday. Trading month to date averages 244,787 units at $661,267, compared to 177,819 units at $557,252 on Thursday. May closed with an average of 318,089 units at $760,337.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and one with lower offers.
At the close, Blue Power lost 13 cents to end at $3.61 with an exchange of 13,542 shares, Caribbean Cream lost 6 cents to close at $5.94 in trading 18,826 stock units, Caribbean Flavours declined 2 cents to $2.14 with the swapping of 20,001,191 shares. Consolidated Bakeries picked up 5 cents in ending at $1.75 with a transfer of 62,000 units, Elite Diagnostic gained 5 cents to finish at $3 with the swapping of 246,724 stocks. Express Catering shed 35 cents to $6 in switching ownership of 49,301 shares, Fontana lost 19 cents in ending at $6.01 with 33,979 units crossing the market, Future Energy Source advanced 1 cent, ending at a 52 weeks’ high of $1.10 with the swapping of 16,472,703 stock units, Honey Bun closed 29 cents higher at $6.99 after exchanging 16,600 stocks, Indies Pharma rallied 40 cents to $3.59 in exchanging 816,718 units, ISP Finance dived $4.40 in closing at $15.60 with 1,569 stock units crossing the market, Jamaican Teas dipped 7 cents to finish at $3.93, with a transfer of 431,601 shares. Jetcon Corporation fell 13 cents to close at $1.55 with an exchange of 70,197 stock units, Knutsford Express lost 15 cents after ending at $8.75 in trading 20,068 stocks.
Lasco Distributors gained 8 cents to close at $4.10 with a transfer of 627,504 shares, Lasco Financial lost 15 cents to end at $3.07 in exchanging 116,562 stocks, Lasco Manufacturing fell 4 cents to $5.41 with 233,487 stock units crossing the market. Lumber Depot gained 10 cents to $3.29 with 509,063 shares changing hands, Stationery and Office Supplies shed 90 cents to close at $7.98 with the swapping of 70,956 stock units and tTech lost 10 cents to end at $4.70 after exchanging 6,072 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The Market Index added 15.14 points to close at 3,354.91 after moving up to 3,375.79 within six minutes of the opening.
Investor’s Choice bid-offer indicator reading shows three stocks ending with bids higher than their last selling prices and four with lower offers.
Knutsford Express climbed 15 cents to $8.90 with 7,058 units changing hands, Lasco Financial fell 27 cents to $3.22 with an exchange of 504,345 stocks, Limners and Bards advanced 15 cents to $3.15 with investors switching ownership of 49,198 stock units. Lumber Depot fell 11 cents to $3.19 with a transfer of 114,143 shares, Mailpac Group slipped 8 cents to $3.69 with 518,163 units traded, Main Event lost 20 cents to settle at $5 with 7,723 stocks changing hands.Medical Disposables dropped 40 cents to $4.50 with investors switching ownership of 18,945 stock units and Stationery and Office Supplies spiked 65 cents to $8.88 with 10,016 shares crossing the exchange.
Trading occurred in 36 securities down from 39 on Tuesday, with prices of nine stocks rising, 19 declining and eight unchanged.
Trading averaged 181,681 units at $540,799 in contrast to 163,493 at $555,626 on Tuesday. Month to date, trading averages 180,468 units at $573,202, compared to 180,362 units at $576,026 on Tuesday. May closed with an average of 318,089 units at $760,337.
Limners and Bards fell 15 cents to $3 with 239,291 units changing hands, Mailpac Group spiked 18 cents to $3.77 with 593,202 stocks traded, Main Event slipped 5 cents to $5.20 with investors switching ownership of 7,685 shares. SSL Venture rose 7 cents to 64 cents with a transfer of 11,998 units, Tropical Battery slipped 10 cents to $1.40 with 431,620 stocks changing hands and tTech shed 65 cents to close at $4.80 with 30,426 shares crossing the exchange.
Investors ended up trading 39 companies compared to 35 on Monday resulting in prices of 13 rising, 17 declining and nine closing unchanged and sent the prices of four stocks to 52 weeks high, with two of them closing at 52 weeks highs.
Trading averaged 163,493 units at $555,626 up from 130,808 shares at $365,764 on Monday. Month to date trading averages 180,362 units at $576,033, versus 182,121 units at $578,161 on Monday. May closed with an average of 318,089 units at $760,337.
Jamaican Teas picked up 8 cents to end at $4 with an exchange of 479,657 units, Jetcon Corporation fell 11 cents to $1.79 with 526,581 stocks passing through the market. Knutsford Express declined by 45 cents to $8 with 773 stock units traded, Lasco Distributors climbed 19 cents to $4 with a transfer of 140,313 shares, Lasco Financial lost 10 cents to end at $3.50 with an exchange of 76,876 stocks. Limners and Bards increased by 10 cents to finish at $3.15, with 198,295 units changing hands, Lumber Depot fell 12 cents to $3.33 with investors switching ownership of 87,864 shares, Main Event advanced 25 cents to $5.25 with 37,950 units traded after hitting an intraday 52 weeks’ high of $5.45. Medical Disposables slipped 10 cents to $4.90 with a transfer of 88,203 stock units, Stationery and Office Supplies climbed 23 cents to $8.23 with 6,802 units changing hands and Tropical Battery rose 5 cents to close at 52 weeks’ high of $1.50, with 283,760 shares crossing the exchange.
A total of 35 securities traded, up from 33 on Friday, with prices of 15 rising, 10 declining and 10 ending unchanged, with four stocks closing at 52 weeks’ highs.
Trading on Monday, averaged 130,808 units at $365,764 down from 134,936 at $397,703 on Friday. For the Month to date, trading averages 182,121 units at $578,161, down from 187,419 units at $600,090 on Friday. May closed with an average of 318,089 units at $760,337.
Lasco Distributors dropped 19 cents to $3.81 with investors swapping 26,359 shares, Limners and Bards lost 10 cents to finish at $3.05 with 162,984 stocks traded, Main Event fell 26 cents to $5 with 64,116 stock units changing hands. Medical Disposables surged 64 cents to $5 with a transfer of 40 units, Tropical Battery advanced 20 cents to end at a 52 weeks’ high of $1.45 with 825,416 stock units traded and tTech climbed 39 cents to $5.45 with 115 shares crossing the exchange.
A mere 33 securities traded on Friday, down from 37 on Thursday and ended with 12 rising, 16 declining and five closing unchanged.
Investor’s Choice bid-offer indicator reading shows no stock ending with the bid higher than the last selling price and four with lower offers.
Jamaican Teas rose 5 cents to $4.05, with 135,367 shares changing hands, Jetcon Corporation increased 4 cents in closing at a 52 weeks’ high of $1.75, after trading 177,520 units, Lasco Financial slipped 7 cents to $3.63 after exchanging 36,904 shares. Limners and Bards rose 15 cents to $3.15 in switching ownership of 124,109 stock units, Medical Disposables fell 49 cents to $4.36 after trading 17,658 units and Stationery and Office Supplies shed $1 to end at $8 in switching ownership of 27,109 stocks.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and four with lower offers.
Knutsford Express spiked 95 cents to $8.45 with 10,900 shares traded, Lasco Manufacturing rose 5 cents to $5.45 with 12,547 stock units changing hands, Limners and Bards dipped 17 cents to $3 with 1,710,655 units changing hands. Lumber Depot lost 10 cents to close at $3.50 with an exchange of 1,589,336 shares, Mailpac Group slipped 10 cents to $3.60 with a transfer of 765,207 stocks, Main Event picked up 10 cents to finish at $5.25 with 50,518 stock units traded and Stationery and Office Supplies jumped $1 to $9 with 18,360 units crossing the exchange.
Tday’s trading averages 103,237 shares at $373,546 down from 439,937 units at $1,466,481 on Tuesday. Month to date trading averages 187,503 units at $614,434, compared to 201,365 units at $654,061 on Tuesday. May closed with an average of 318,089 units at $760,337.
Limners and Bards popped 12 cents to $3.17 with 198,594 stock units changing hands, Lumber Depot fell 9 cents to $3.60 with a change in ownership of 383,073 units, Mailpac Group advanced 10 cents to $3.70 with 390,852 shares traded. Main Event declined 13 cents to $5.15 with a transfer of 9,744 stock units while Stationery and Office Supplies dropped $1 to $8 with 2,790 stock units crossing the exchange.
At the close of trading on Tuesday, all 43 listed securities traded, up from 36 on Monday, with 22 rising, 11 declining and 10 ending unchanged.
At the close, 
Knutsford Express jumped 38 cents to $8.45 with 607 stock units passing through the market, 
Investor’s Choice bid-offer indicator shows seven stocks ending with bids higher than their last selling prices and two with lower offers.
Mailpac Group dropped 11 cents to $3.64 with a volume leading 2,136,468 units traded and Stationery and Office Supplies jumped $1.47 to $8.99 with 116 shares crossing the exchange.