Junior Market regains footing – Tuesday

The Junior Market recovered from a slight dip on Monday to record modest gains on Tuesday even as the number of securities declining outweigh those advancing as trading picked up, buoyed by dominant activity in shares of Lumber Depot, Main Event and Mailpac.  

Lumber Depot dominated trading with 4.8 million shares

At the close of the market, the index advanced 17.20 points to close at 2,416. Market activities concluded with the prices of ten securities advancing, 13 declining and six remaining unchanged. The market average PE ratio ended at 9 times 2020-21 earnings.
Trading ended on Tuesday with 29 securities changing hands, resulting in an exchange of 12,280,544 units valued at $26,562,508 compared to 11,413,765 units valued at $23,915,377 from 34 securities on Monday.
Trading ended with an average of 423,467 units at $915,949, for each security traded, in contrast to 335,699 units for an average of $703,393 on Monday. The average volume and value for the month to date amounts to 483,382 units valued at $1,101,248 and previously 486,618 units valued at $1,111,255. In contrast, March closed with an average of 226,230 units valued at $542,563 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows one stock ended with bids higher than its last selling prices and one with a lower offer.
At the close of the market, Caribbean Assurance Brokers gained 5 cents to close at $2.25 with 647,069 units changing hands, Caribbean Cream gained 1 cent to settle at $2.27, exchanging 140,204 shares, Caribbean Producers ended with a loss of 8 cents at $2.52 in the swapping of 120,967 shares. Consolidated Bakeries rose 5 cents to $1.75 with 559 shares traded, Elite Diagnostic declined by 13 cents and swapped 32,000 units to settle at $3.75, Everything Fresh finished at 72 cents after falling 14 cents and trading 52,159 units. Fontana ended with a loss of 1 cent at $5.29 with 71,023 stock units changing hands, Fosrich exchanged 26,217 shares and climbed, 30 cents to end at $3.95, General Accident declined by 32 cents to settle at $4.98 with 51,100 shares changing hands. iCreate slipped 1 cent to 45 cents with an exchange of 1,007,244 units d, Jamaican Teas shed 2 cents in trading of 4,262 units to settle at $4.08, Jetcon Corporation declined 2 cents with 5,278 units crossing the market to close at $1. Knutsford Express climbed $1.99 to settle at $8.99 with 46,231 shares changing hands, Lasco Distributors shed 3 cents in trading of 43,601 units at $2.95, Lasco Financial closed market activity with 14,650 units crossing the exchange and gained 4 cents to end at $2.92. Lasco Manufacturing exchanged 32,261 shares and rose 2 cents to end at $3.90, Limners and Bards fell 6 cents to $1.94 in trading of 12,443 units, Lumber Depot declined 2 cents in swapping 4,795,516 units to finish at $1.13. Mailpac Group ended activity 1 cent higher at $1.76 with 1,472,663 shares traded, Main Event climbed 5 cents to settle at $1.19 with 1,880,010 shares changing hands, Medical Disposables exchanged 114,000 shares and rose 54 cents to end at $5.55. Stationery and Office Supplies closed with a loss of 50 cents at $6 in the swapping of 67,329 shares and tTech shred 77 cents to settle at $3.98 with 238,233 shares crossing the exchange.

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

Junior Market faltered on Monday

Friday’s rally was short-lived as the Junior Market lost 15.44 points to close at 2,398.80 on Monday after the prices of 16 securities advanced, 14 declined and four remained unchanged as trading picks up over Friday’s levels.

MailPac traded 8 million shares to dominate Junior Market trading.

The market average PE ratio ended at 8.8 times 2020-21 earnings.
Trading concluded on Monday with 34 securities changing hands, resulting in an exchange of 11,413,765 units valued at $23,915,377 compared to 2,927,416 units valued at $8,165,325 from 30 securities on Friday. MailPac dominated the day’s activities, controlling 72 percent of the volume of stocks traded for roughly $14.3 million.
Trading ended with an average of 335,699 units for $703,393 for each security traded in contrast to 97,581 units for an average of $272,177 on Friday. The average volume and value for the month to date continues to exceed March levels, with 486,618 units valued $1,111,255 trading and previously 496,819 valued at $1,138,825. In contrast, March closed with an average of 226,230 units valued at $542,563 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 four with lower offers.
At the close of the market, Access Financial climbed 49 cents after exchanging 10,000 shares to settle at $24.50, Blue Power closed trading of 104,545 shares and gained 5 cents to end at $3.75, Cargo Handlers climbed 75 cents to $6.50 with 6,730 units changing hands. Caribbean Assurance Brokers lost 15 cents to close at $2.20 with an exchange of 208,207 shares, Caribbean Cream dipped 14 cents in trading of 51,020 units to end at $2.26, Caribbean Producers declined 34 cents to $2.60 with 337,028 units changing hands. Consolidated Bakeries closed 18 cents higher at $1.70 with 5,012 stock units swapped, Derrimon Trading fell 24 cents in trading of 497,649 units to close at $1.95, Everything Fresh closed at 86 cents after exchanging 74,325 shares and adding 3 cents. Express Catering closed trading of 150,541 units and gained 5 cents to end at $3.30, Fontana lost 18 cents in trading of 520,997 units to close at $5.30, Fosrich climbed 20 cents and exchanged 162,750 to settle at $3.65. General Accident closed 30 cents higher at $5.30 with 59,100 stock units trading, GWest Corporation added 10 cents and exchanged 1,106 shares to end at 88 cents, Honey Bun traded of 40,520 units and gained 35 cents to finish at $5.35. iCreate slipped 1 cent to 46 cents with 158,393 stock units changing hands, Indies Pharma closed 4 cents higher at $2.30, with 67,161 units trading, Iron Rock Insurance declined by 35 cents to settle at $2.05 with 165,995 shares exchanged. Jamaican Teas dropped 10 cents in the trading of 49,299 units to close at $4.10, Jetcon Corporation climbed 12 cents and exchanged 1,137 shares to settle at $1.02, KLE Group fell 10 cents in trading of 50,000 units to finish at $1.60. Lasco Distributors closed trading of 2,323 units and gained 1 cent to end at $2.98, Lasco Financial lost 7 cents in trading 10,995 shares to close at $2.88, Lasco Manufacturing exchanged 9,020 shares to settle at $3.88 after falling 2 cents. Limners and Bards dipped 1 cent to $2 with 5,446 stock units changing hands, Lumber Depot ended with a loss of 1 cent at $1.15 with 297,770 units trading, MailPac Group swapped 8,166,074 shares and rose 7 cents to end at $1.75. Medical Disposables fell 49 cents to $5.01 with 160,455 shares exchanged, Stationery and Office Supplies climbed 40 cents and traded 582 shares to close at $6.50 and tTech climbed 54 cents to $4.75 with 2,000 shares crossing the exchange.

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

Junior Market breaks losing streak

After attempting to rally on the previous four days with gains in the morning sessions and getting hit by selling that push the market lower on each occasion, the Junior Market finally relented and rose on Friday.
At the close, the Junior Market Index advanced 35.13 points to close at 2,414.24 after risen over 50 points at one stage of the day and left the average PE ratio ended at 8.8 times 2020-21 earnings. Market activities resulted in prices of 6 securities advancing, 12 losing and 12 remaining unchanged.
Trading concluded on Friday with an exchange of 30 securities, resulting in 2,927,416 units valued at $8,165,325 changing hands, compared to 24,912,363 units valued at $54,086,454 on Thursday. The stock exchange daily trading report for Friday has the incorrect total volume and value traded.
Trading ended with an average of 97,581 units at $272,177 for each security traded, in contrast to 711,782 units at an average of $1,545,327 on Thursday. The average volume and value for the month to date amounts to units 496,819 valued at $1,138,825 and previously 546,675 units valued at $1,193,792. In contrast, March closed with an average of 226,230 units valued at $542,563 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows four stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close of the market, Access Financial lost 99 cents in trading 1,165 shares to close at $24.01, Blue Power climbed 40 cents and exchanged 1,000 shares at $3.70, Caribbean Producers rose 19 cents and traded 140,238 shares at $2.94. Derrimon Trading ended with a loss of 1 cent at $2.19 with 577,500 stock units changing hands, Express Catering fell by 10 cents in trading of 227,833 units at $3.25, Fosrich closed 35 cents higher at $3.45, with 60,000 stock units trading. Fontana declined 8 cents to settle at $5.48, in trading 381,191 shares, GWest Corporation ended with 14,437 stock units changing hands, after rising 3 cents to end at 78 cents. Honey Bun shed 50 cents in exchanging 57,476 units at $5, iCreate ended with a loss of 1 cent at 47 cents, with 5,793 stock units changing hands, Jamaican Teas fell 10 cents to close at $4.20, with 4,500 shares passing through the market, Knutsford Express lost $1 to close at $7, with 4,591 stock units changing hands. Lasco Financial closed trading of 5,750 units and gained 5 cents to end at $2.95, Lasco Manufacturing lost 7 cents in trading 3,747 shares to close at $3.90. Mailpac Group ended with a loss of 1 cent at $1.68 with 356,247 stock units changing hands, Main Event shed 4 cents in trading 100,880 units at $3.81 and tTech climbed one cent and exchanged 260 shares at $4.21.

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

Junior Market ends with big fall

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The Junior Market made a third attempt in as many days at moving higher in the morning session on of trading on Thursday climbing over 2,470 points but failed to hold on as the market dipped under 2,300 mark just after mid-day and ended, with the market Index dropping 58.46 points to close at 2,379.11, to be down 29 percent for the year.  
The market closed with 35 securities changing hands with prices of 11 securities advancing, 12 declining while 11 remained unchanged. The average PE ratio of the Junior Market ended at 8.7 based on 2020-21 earnings. Investors exchanged 24,912,363 units valued at $54,086,454, compared to 115,474,401 units valued at $258,980,019 on Wednesday from 33 companies.
Trading ended with an average of 711,782 units fat $1,545,327 for each security, in contrast to 3,499,224 units for an average of $7,847,879 on Wednesday. The average volume and value for the month to date amounts to units 546,675 valued at $1,193,792 and previously 506,987 units valued at $1,165,701. In contrast, March closed with an average of 226,230 units valued at $542,563 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows four stocks ended with bids higher than their last selling prices and four with lower offers.
At the close of the market, Blue Power closed trading of 28,383 units, with gains of 29 cents to end at $3.30, Cargo Handlers shed 25 cents in trading 500 units at $5.75, Caribbean Assurance Brokers closed 15 cents higher at $2.45 in exchanging 41,883 stock units. Caribbean Cream exchanged 20,154 shares to close at $2.40, after falling 51 cents, Caribbean Producers lost 5cents to settle at $2.75, with 115,741 shares changing hands, Consolidated Bakeries shed 2 cents in trading of 300 units at $1.52, Derrimon Trading closed 10 cents higher at $2.20, with 2,083,449 stock units changing hands. Dolphin Cove gained $1.50 to end at $7.50, after trading 4,500 shares, Elite Diagnostic exchanged 4,500 shares, after rising 8 cents to end at $3.88, Everything Fresh ended with a loss of 1 cent at 83 cents, with 223,497 stock units changing hands. Express Catering closed 25 cents higher at $3.35, with 8,862 stock units trading, Fontana declined by 3cents to settle at $5.56 with an exchange of 206,230 shares, Honey Bun ended trading with 182,187 shares, after rising 50 cents to finish at $5.50. iCreate ended trading with 43,901 shares, and rose 6 cents to end at 48 cents, Jamaican Teas shed 5 cents in trading of 48,718 units at $4.30, Lasco Financial fell by 8 cents in trading of 24,185 units at $2.90. Lasco Manufacturing closed trading of 2,319,260 units and gained 27 cents to end at $3.97, Limners and Bards climbed 21 cents, exchanging 34,694 shares at $2.01, Lumber Depot gained 1 to end at $1.16, trading 180,795 shares. Mailpac Group closed with a loss of 6 cents at $1.69, in swapping of 15,790,186 shares, Main Event shed 40 cents in trading of 13,623 units at $3.85. Medical Disposables declined by $2 to settle at $5.50, in exchanging 300,000 shares, Paramount Trading shed 37 cents in trading of 5,000 units at $2 and Stationery and Office Supplies closed 10 cents higher at $6.10, with 3,500 stock units changing hands.
In the junior market preference segment, CAC 2000 9.5% preference share rose 20 cents to $1 after trading 3,300 units.

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

 

Junior Market stocks drift lower – Wednesday

The Junior Market drifted lower at the close of trading on Wednesday after the market climbed to over 2,477 points in the morning session and later declined 15.06 points lower than on Tuesday to close at 2,437.57.

MailPac traded 69 million shares to dominate Junior Market trading.

Trading ended on Wednesday with 33 securities changing hands, resulting in an exchange of 115,474,401 units valued at $258,980,019 compared to 9,178,794 units valued at $16,852,497 also from 33 companies on Tuesday. There were three big trades for the day with MailPac Group controlling the lion’s share of 59 percent with an exchange of 68 million units for over $117 million, Limners and Bards traded 42 million shares, amounting $75.6 million. At the same time, Access Financial Services saw 2.3million stock units changing hands for $58.6 million.
At the close of market activities, the prices of 13 securities advanced, 14 declined and six remained unchanged. The average PE ratio of the Junior Market ended at 8.9 based on 2020-21 earnings.
Trading ended with an average of 3,499,224 units at $7,847,879 for each security traded, in contrast to 278,145 units for an average of $510,682, on Tuesday. The average volume and value for the month to date amounts to 506,987 units valued at $1,165,701 and previously 263,175 units valued at $621,227. In comparison, March closed with an average of 226,230 units, valued at $542,563 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows four stocks ended with bids higher than their last selling prices and two with lower offers.
At the close of the market, Access Financial fell $2.50 to $25 in the trading of 2,343,700 units, Blue Power added 1 cent and exchanged 240,000 shares to settle at $3.01, Caribbean Assurance Brokers lost 5 cents in exchanging 76,901 shares at $2.30, Caribbean Producers ended with 121,322 shares traded, after rising 6 cents to finish at $2.80. Derrimon Trading closed 15 cents higher at $2.10 with 125,159 units changing hands, Dolphin Cove dropped $1.50 to $6, swapping 34,700 shares in the process, Everything Fresh climbed 12 cents and exchanged 10 shares to close at 84 cents. Express Catering ended at $3.10 after losing 62 cents and trading 155,289 shares, Fontana slipped 1 cent to $5.59 with 300,843 stock units changing hands, GWest Corporation ended market activity exchanging 894 shares to close at 75 cents after falling 13 cents. Honey Bun lost 99 cents in trading 104,332 shares to close at $5, iCreate exchanged 1,061,283 shares and picked up 1 cent to end at 42 cents, Indies Pharma closed at $2.26 after gaining 1 cent and trading 58,890 units. Iron Rock Insurance shed 17 cents in the swapping of 3,000 units to close at $2.40, Jamaican Teas exchanged 242,600 shares to settle at $4.35 after falling 5 cents, Jetcon Corporation declined by 4 cents to finish at 90 cents with 97,000 shares traded. Knutsford Express lost 99 cents in swapping 2,198 shares to close at $8, Lasco Distributors finished 1 cent higher at $2.97 with 21,000 stock units trading, Lasco Financial shed 12 cents in the exchange of 5,700 units to close at $2.98. Lasco Manufacturing traded 32,562 shares and gained 15 cents to end at $3.70, Limners and Bards dipped 10 cents to $1.80 in trading of 41,964,069 units, Lumber Depot ended 1 cent higher at $1.15 with 107,917 shares changing hands. MailPac Group exchanged 68,195,556 units and climbed 15 cents to end at $1.75, Main Event rose 25 cents to $4.25 with an exchange of 1,000 shares at $4.25, Medical Disposables climbed 91 cents and traded 30,200 shares to settle at$7.50. SSL Venture closed with a loss of 26 cents at a 52 weeks’ low of 75 cents in the swapping of 5,141 shares and Stationery and Office Supplies closed trading 30 cents higher at $6 with 23,387 units crossing the exchange.

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

Junior Market closed down

Junior Market stocks rallied in early trading on Tuesday but pulled back later as the early gain was not adequate to hold off declines later on in the trading day. 
Trading ended with slightly more securities advancing than declining, but the index slid 9.87 points to settle at 2,452.63. The market closed, with the prices of 15 securities advancing, 12 declined and four stocks remained unchanged as 33 securities changed hands, resulting in an exchange of 9,178,794 units valued at $16,852,497 compared to 1,924,700 units valued at $6,915,784 from 33 securities on Monday.
Trading ended with an average of 278,145 units at $510,682 for each security traded, in contrast to 58,324 units for an average of $209,569 on Monday. The average volume and value for the month to date amounts to 263,175 units valued at $621,227and previously 261,847 units valued at $631,033, in comparison, March closed with an average of 226,230 units, valued at $542,563 for each security traded. The average PE ratio of the Junior Market ended at 8.9 based on 2020/21 earnings.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows four stocks ended with bids higher than their last selling prices and three with lower offers.
At the close of the market, Access Financial ended at $27.50 after trading 3,000 shares and rising 50 cents, Blue Power fell 85 cents in exchanging 240,000 shares to close at $3, Cargo Handlers finished 50 cents lower at $6 in the trading of 2,950 units. Caribbean Assurance Brokers traded 303,958 in closing with a loss of 15 cents at $2.35, Caribbean Producers fell 6 cents to close at $2.74 in the swapping of 332,111 shares, Consolidated Bakeries traded 11,130 units and gained 3 cents to end at $1.54. Derrimon Trading climbed 9 cents to $1.95 with an exchange of 29,146 shares, Dolphin Cove lost 30 cents in trading 7,719 shares to close at $7.50, Elite Diagnostic added 30 cents and exchanged 17,106 shares to end at $3.80, Everything Fresh finished at 72 cents after swapping 32,000 shares and gaining 2 cents. Express Catering slipped 1 cent to $3.72 with 61,300 stock units exchanged, Fontana closed 45 cents higher at $5.60 with 186,701 shares trading, Honey Bun ended with a loss of 1 cent at $5.99 with 48,070 stock units changing hands. iCreate exchanged 668,491 shares to close at 41cents after falling to a 52 weeks’ low of 14 cents, Indies Pharma declined by 18 cents to settle at $2.25 with 58,700 units swapped, Jamaican Teas closed trading of 121,527 units and gained 58 cents to end at $4.40. Jetcon Corporation added 1 cent to close at 94 cents with 13,513 shares changing hands, Knutsford Express climbed 69 cents and exchanged 800 shares to settle at $8.99, Lasco Distributors ended 1 cent higher at $2.96, trading 4,810 shares. Lasco Financial gained 11 cents and exchanged 13,934 units to end at $3.10, Lasco Manufacturing closed 19 cents higher at $3.55 with 219,895 stock units trading, Limners and Bards traded 34,651 shares after rising 1 cent to end at $1.90. Lumber Depot closed with a loss of 4 cents at $1.14 with 301,254 shares crossing the exchange, MailPac Group closed trading of 6,381,640 units and gained 5 cents to end at $1.60, Main Event slipped 1 cent to $4 with 26,144 stock units changing hands. Medical Disposables closed at $6.59 after exchanging 6,828 units and gaining 9 cents, Paramount Trading fell 2 cents in trading 2,700 shares to settle at $2.37 and Stationery and Office Supplies closed with a loss of $1.05 at $5.70 with 6,782 units crossing the exchange.

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

Junior Market starts week with gains

The Junior Market Index rose 26.64 points to close at 2,462.50 on Monday with prices of 11 securities advancing, 12 declining and ten remaining unchanged.
Trading concluded with 33 securities changing hands, resulting in an exchange of 1,924,700 units valued at $6,915,784 compared to 5,311,793 units valued at $13,249,122 from 32 securities on Friday.
The day ended with an average of 58,324 units at $209,569 for each security traded in contrast to 165,994 units for an average of $414,035 on Friday. The average volume and value for the month to date amounts to 261,847 units valued at $631,033 and previously 281,659 units valued at $672,061. In comparison, March closed with an average of 226,230 units, valued at $542,563 for each security traded. The average PE ratio of the Junior Market ended at nine based on 2020/21 earnings.
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 two with lower offers.
At the close of the market, Access Financial dipped 50 cents in trading of 164 units at $27, Caribbean Assurance Brokers rose 15 cents with 41,983 stock units changing hands to settle at $2.50, Caribbean Producers declined by 20 cents after exchanging 251,642 shares to settle at $2.80. Consolidated Bakeries ended 22 cents lower at $1.51 in swapping 7,901 units, Derrimon Trading fell 24 cents in the exchange of 12,973 shares to close at $1.86, Elite Diagnostic lost 25 cents to close at $3.50 after trading 31,775 stock units. Everything Fresh swapped 1,790 shares and gained 3 cents to end at 70 cents, Express Catering lost 2 cents in trading 1,605 shares to close at $3.73, Fontana dropped 45 cents and exchanged 311,512 units to end at $5.15. General Accident closed trading 20 cents higher at $5 with 305,519 units changing hands, Honey Bun jumped 35 cents to $6, trading 28,250 stock units, iCreate traded 300 shares and rose 8 cents to end at 55 cents. Indies Pharma swapped 36,701 stock units and gained 23 cents, to end at $2.43, Jamaican Teas declined 18 cents in trading of 65,172 units at $3.82, Jetcon Corporation fell 7 cents to 93 cents, with an exchange of 3,000 shares. Knutsford Express closed trading of 502 units and gained 26 cents to end at $8.30, Lasco Distributors lost 5 cents in exchanging 2,471 shares to close at $2.95, Lasco Manufacturing climbed 9 cents to $3.36 with 66,183 shares changing hands. 2462. Limners and Bards added 14 cents and exchanged 43,700 shares to end at $1.89. Lumber Depot closed 4 cents higher at $1.18 with 33,539 stock units trading, MailPac Group lost 3 cents in the exchange of 383,338 units to settle at $1.55, Paramount Trading climbed 29 cents and traded 5,033 shares to finish at $2.39 and Stationery and Office Supplies fell 35 to $6.75 with 110,749 units crossing the exchange.

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

Junior Market sheds 72 points Friday

Investors continue to drive prices down as the trading week closed, with the index falling a further 72.45 points to settle at 2,425.86, bringing the loss for the last three days to 251 points and breaking thirteen consecutive days of increase of 593 points up to this Tuesday.

The Junior Market made a spirited move over thirteen days but hit resistance on Wednesday to pull back 251 points.

The market index close was down 20 percent since the start of the year on Tuesday, the fall over the last three days pushes the decline for the year to date to 27.3 percent.
Trading concluded on Friday with 32 securities changing hands, resulting in an exchange of 5,311,793 units valued at $13,249,122 compared to 13,788,770 units valued at $32,683,414 from 34 securities on Thursday.
At the close of market activities, the prices of 10 securities advanced, 15 declined and seven remained unchanged. The average PE ratio of the Junior Market ended at 9 based on 2020/21 earnings.
Trading ended with an average of 165,994 units at $414,035 for each security traded in contrast to 405,552 units for an average of $961,277 on Thursday. The average volume and value for the month to date amounts to 281,659 units valued at $672,061 and previously 293,715 units valued at $698,956. In comparison, March closed with an average of 226,230 units, valued at $542,563 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows two 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 $3.50 and traded 100 stock units to end at $27.50, Blue Power climbed 5 cents higher to $3.85 and exchanged 5,751 shares, Cargo Handlers closed trading of 173 units and gained 49 cents to end at $6.50. Caribbean Cream declined 44 cents in trading of 2,000 units to close at $2.91, Caribbean Producers added 5 cents and exchanged 278,793 shares to finish at $3, Consolidated Bakeries closed trading of 7,800 units and gained 8 cents to end at $1.73.  Derrimon Trading exchanged 83,275 shares after rising 30 cents to $2.10, Elite Diagnostic traded 29,362 shares to close at $3.75 after falling 11 cents, Everything Fresh lost 8 cents in the exchange of 405,728 units to settle at 67 cents. Express Catering shed 25 cents and swapped 900 units to close at $3.75, Fontana finished 3 cents higher at $5.60 with an exchange of 775,111 shares, General Accident lost 20 cents in trading of 22,503 units to finish at $4.80. Honey Bun fell 37 cents to $5.65 with 53,752 shares traded, iCreate shed 8 cents in the exchange of 334,179 units to close at 47 cents, Indies Pharma ended at $2.20 with 111,282 shares traded after rising 10 cents. Jamaican Teas fell 5 cents to $4 with 266,568 units changing hands, Lasco Financial slipped 3 cents in trading 3,486 units to end at $2.99, Lasco Manufacturing fell 33 cents to close at $3.27, with 132,125 units changing hands. Limners and Bards exchanged 176,440 shares to end at $1.75 after falling 26 cents, Lumber Depot lost 4 cents in trading of 175,873 units to settle at $1.14, MailPac Group ended 5 cents lower at $1.58, with 1,318,365 shares changing hands. Medical Disposables declined 50 cents trading of 110,822 units to finish at $6.50, Paramount Trading rose 4 cents and exchanged 750,740 shares to settle at $2.10 and Stationery and Office Supplies gained 8 cents to close at $7.10 with 6,858 units crossing the exchange.

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

Hump Day woes hit Junior Market – Wednesday

Wednesday, also known as Hump Day, proved too much of a hurdle for the Junior Market eleven-day unbroken run that came to a screeching halt as investors pushed prices down and sending the market index fell sharply lower by 80.16 points to close at 2,606.74.
Wednesday ended, with 35 securities trading with the prices of a mere three advancing, an overwhelming 25 declining, with the prices of six closing unchanged.
 Trading resulted in an exchange of 6,670,369 units valued at $17,046,314 compared to 3,632,719 units valued at $13,551,367 from 37 securities on Tuesday. The average PE ratio of the Junior Market ended at 9.1 based on 2020/21 earnings.
Market activities ended with an average of 190,582 units at $487,038 for each security traded in contrast to 98,182 units for an average of $366,253 on Tuesday. The average volume and value for the month to date amounts to 279.787 units valued at $666.286 and previously 292,905 units valued at $692,646. In comparison, March closed with an average of 226,230 units, valued at $542,563 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 two with lower offers.
At the close of the market, Access Financial dipped $4 in the trading of 7,986 units to close at $24, Blue Power ended at $4.18 after slipping 4 cents with an exchange of 3,300 units, Cargo Handlers shed 99 cents in swapping 147 units at $6.01. Caribbean Assurance Brokers gained 9 cents to end at a record closing high of $2.50 after trading at a high of $2.80 during the day in exchanging 87,069 stock units, Caribbean Producers declined by 40 cents with 475,281 units changing hands to settle at $3.50, Consolidated Bakeries lost 14 cents in trading 11,617 shares to close at $1.65. Derrimon Trading finished 23 cents higher at $1.90 with 6,669 stock units trading, Elite Diagnostic closed the day at $3.87, after falling 85 cents with 49,575 units changing hands, Everything Fresh declined by 25 cents to settle at 70 cents with 50,798 units crossing through the exchange. Express Catering slipped 1 cent to $4.01 with 182,147 stock units traded, Fontana declined by 40 cents in the exchange of 449,814 units at $5.80, Fosrich finished at $3.25 after falling 22 cents and swapping 6,933 shares. General Accident lost 22 cents and traded 193,037 shares to close at $5, Honey Bun shed $1.24 and closed at $6.01 after an exchanging 9,355 shares, iCreate fell 4 cents in trading of 95,250 units at 58 cents, Indies Pharma ended 55 cents lower at $2 with 609,289 units being exchanged. Iron Rock Insurance dropped 43 cents in trading of 900 units at $2.57, Jamaican Teas ended market activity exchanging 169,377 shares to close at $4.25 after falling 15 cents, Knutsford Express closed trading of 6,814 units and gained 19 cents to settle at $8.24. Lasco Financial lost 24 cents in trading of 6,941 units at $3, Lasco Manufacturing shed 27 cents in the exchange of 92,976 units at $3.75, Limners and Bards fell 10 cents to $2 with 366,544 units traded. Lumber Depot ended with a loss of 1 cent at $1.18 with 80,593 stock units changing hands, MailPac Group dropped 5 cents in trading 3,441,553 units at $1.69, Main Event fell 99 cents in swapping 7,855 units at $4.01. Medical Disposables closed trading of 500 units and gained 60 cents to end at $7.50, Paramount Trading lost 19 cents and exchanged 13,235 shares to close at $2.06, Stationery and Office Supplies slipped 5 cents in trading of 55,520 units at $7 and tTech slipped 5 cents to $4.20 with 1,909 units crossing the exchange.

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

Junior Market continues strong recovery

The Junior Market continues its rapid recovery on Tuesday after falling sharply in March with Market index adding 44.09 points to close at 2,686.90 on Tuesday after trading resumed after closing on Thursday for the Easter break.

Junior Market has gained in 165 of the last 17 days and broken above resistance around 2,00 points and is heading to the next resistance level of 3,200.

Tuesday’s rise in the market index was the eleventh consecutive positive movement for the market and since the bottoming of the Junior Market has had 15 days of positive gains and just two days of decline. Trading resulted in all but three of the listed stocks being active and ended in 37 securities changing hands. The prices of 16 securities rose, 13 fell and eight remained unchanged.
Market activities ended in an exchange of 3,632,719 shares valued at $13,551,367 compared to 10,755,502 units valued at $28,037,452 from 30 securities on Friday.  The average PE ratio of the Junior Market ended at 9.7 based on 2020/21 earnings.
Trading concluded with an average of 98,182 units at $366,253 for each security traded, in contrast to an average of 358,517 units for $934,582 on Thursday. The average volume and value for the month to date amounts to 292,905 units valued at $692,646 and previously 328,750 units at $742,729 for each security. In comparison, March closed with an average of 226,230 units, valued at $542,563 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows no stock ended with the bids higher than the last selling price and four with lower offers.
At the close of the market, Access Financial fell 55 cents in trading 15,911 units at $28, with increased interest in the stock in the low to mid-$20 range. AMG Packaging ended with a loss of 3 cents at $1.85 with an exchange of 29,423 shares, Cargo Handlers finished $1 higher at $7 with 2,915 stock units changing hands, Caribbean Assurance gained 16 cents to end at a 52 weeks’ high of $2.41 with 93,035 units traded. Caribbean Cream advanced 51 cents to $3.35 in the swapping of a mere 59 shares, Caribbean Producers added 90 cents in exchanging 367,829 units to settle at $3.90. Derrimon Trading finished 6 cents higher at $1.67 with 6,528 stock units trading, Elite Diagnostic slipped 3 cents in swapping 15,185 units at $4.72, Express Catering finished with a loss of 48 cents at $4.02 with 23,037 shares changing hands. Fontana traded 653,532 shares after rising 17 cents to end at $6.20, Fosrich closed trading of 25,065 units and dipped 2 cents to finish at $3.47, General Accident gained 2 cents to settle at $5.22, trading 153,000 stock units. GWest Corporation declined 1 cent in trading of 2,500 units at 90 cents, Honey Bun jumped 62 cents to $7.25 with 34,078 shares traded, iCreate closed 4 cents higher at 62 cents after swapping 39,253 shares. Indies Pharma lost 5 cents with 32,113 shares changing hands to settle at $2.55, Jamaican Teas climbed 40 cents to end at $4.40 with the swapping of 725,857 shares, Jetcon Corporation exchanged 2,582 shares to close at $1 after slipping 9 cents. Knutsford Express fell 25 cents to $8.05 with 4,832 shares crossing the exchange, Lasco Distributors concluded trading of 84,402 units and lost 15 cents to finish at $2.90, Lasco Manufacturing slipped to $4.02 after exchanging 101,875 shares and dropping 26 cents. Limners and Bards traded 206,694 units after rising 10 cents to close at $2.10, Lumber Depot slipped 1 cent to $1.19 with 478,200 units changing hands, MailPac fell 4 cents to $1.74 with 363,353 units traded. Main Event gained 19 cents to settle at $5 with an exchange of 4,489 shares, Medical Disposables lost 60 cents to close at $6.90 with 16,297 shares changing hands, Paramount Trading added 1 cent and swapped 10,580 units to end at $2.25. SSL Venture closed at $1.01 after rising 3 cents after trading 204 shares and Stationery and Office Supplies picked up 5 cents to settle $7.05 with 6,401 stock units crossing the exchange.

Prices of securities trading are those for the day’s last transaction unless otherwise stated.