Fresh from a release of blowout first quarter results, with profit surging 140 percent to $72 million from a 16 percent rise in revenues and pushed demand for Lumber Depot shares with an exchange of 24.4 million units in taking 78.4 percent market share and drove the volume of shares traded on the Junior Market up 407 percent over Wednesday’s level with a 547 percent jump in the value in the transfer of funds.
Market activity led to 38 securities trading from 40 n Wednesday, ending with 15 rising, 16 declining and seven closing unchanged.
At the close, the Junior Market Index lost 32.29 points to 3,249.52.
The PE Ratio, a measure used in the computation of appropriate stock values, averages 11.2 based on ICInsider.com’s 2021-22 earnings forecast.
Overall, 31,088,441 shares traded for $95,481,815 compared to 6,132,229 units at $14,766,906 on Wednesday.
After lumber Depot huge trades, Future Energy Source followed by cornering 14 percent of the day’s trade, with 4.34 million units andMailpac Group ended, with 1.9 percent market share with an exchange of 581,749 units.
Trading averaged 818,117 units at $2,512,679 up from 153,306 shares at $369,173 on Wednesday and for the month to date an averages of 240,039 units at $666,328 compared to 142,840 units at $355,879 on Wednesday August closed with an average of 464,471 units at $1,258,652.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close, Access Financial jumped $1 to $21 in trading 178 shares, Blue Power popped 30 cents to $3.30 with an exchange of 14,930 stocks, Cargo Handlers dropped 50 cents to $7.65 with 16,948 stock units changing hands. Caribbean Assurance Brokers advanced 15 cents to $1.75 with 1,848 units traded after the stock traded at an intraday low of $1.52. Caribbean Cream gained 50 cents to close at $6.60 with a transfer of 66,547 shares, Caribbean Flavours slipped 8 cents to $1.90 with 121,050 stocks passing through the market. Consolidated Bakeries lost 10 cents to end at $1.69 with an exchange of 31,780 units, Derrimon Trading declined 5 cents to $2.25, with 189,209 shares changing hands, Dolphin Cove fell $1.20 to $9 with 35,498 stocks traded. Express Catering dropped 30 cents to $4.90 with a transfer of 3,902 units, Fontana advanced 10 cents to $6.10 with investor switching ownership of 109,548 stock units, Future Energy Source rose 8 cents to $2.50 with an exchange of 4,342,763 shares. General Accident slipped 8 cents to $5.37 with 250,000 units changing hands, GWest Corporation increased 6 cents to 99 cents with 27,930 stock units traded, Honey Bun gained 15 cents to close at $8.70 with a transfer of 4,220 shares. Jamaican Teas slipped 6 cents to $3.74 with 78,300 stocks passing through the market, Knutsford Express climbed 10 cents to $7 with an exchange of 2,006 units, Limners and Bards shed 45 cents to close at $3.20 with 254,789 stock units changing hands. Lumber Depot rose 10 cents to $3.16 with 24,379,081 shares traded, Main Event dropped 20 cents to $4.05 with a transfer of 2,777 units, Medical Disposables added 9 cents to $4.61 with a transfer of 31,223 stock units. Stationery and Office Supplies shed 75 cents to finish at $5.75 with investors switching ownership of 3,500 stocks, Tropical Battery lost 6 cents to end at $1.30 with 41,134 units changing hands and tTech fell 30 cents to $4.20 with 32,292 shares crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.