The support line going back to the 2020 low in the market in March is steering the market slowly upwards.
Trading on the Junior Market of the Jamaica Stock Exchange closed higher at the close on Friday as well as for the week with three days of a rising index continuing the trend in recent weeks of a slowly rising market.
The market closed with an exchange of 4,892,108 shares at $13,413,027 as 28 securities traded compared to 4,370,450 units valued at $13,021,794 on Thursday. The day’s activities saw 28 securities changing hands, compared to 30 securities on Thursday and ended with the prices of 12 rising eight declining and eight closing with the prices unchanged.
The average trade of the day was 174,718 units at $479,037 in contrast to an average of 145,682 units at $434,060 on Thursday. The average volume and value for the month to date amounts to 236,512 units for $445,444, in contrast, 178,269 units valued at $443,105. 
May ended with an average of 150,274 units at $491,077 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 three with lower offers. The average PE ratio of the Junior Market ended at 9.7 based on IC Insider.com’s forecasted earnings for 2020-21.
At the close of the market, AMG Packaging & Paper declined by 1 cent ending at $1.68 trading 801 shares, Caribbean Assurance Brokers increased 3 cents in closing at $2.28 after exchanging 103,132 stock units, Caribbean Producers declined by 2 cents to $2.38 with an exchange of 455,445 units. Consolidated Bakeries added 4 cents in closing at $1.55, with 39 shares changing hands. Dolphin Cove declined by 7 cents to end at $7.43 trading 1,000 stock units, Elite Diagnostic shed 47 cents to end at $3.78 after swapping 10,675 shares. Express Catering rose 8 cents to finish at $4.97 in exchanging 45,768 units, Fontana increased 12 cents to end at $5.67 with 425,052 stock units crossing the exchange, Fosrich eked out a rise of 1 cent to $3.56 in swapping 1,500 shares.
Honey Bun rose 6 cents to settle at $5.50 and trading 20,599 stock units, iCreate increased 2 cents end at 61 cents with an exchange of 419,025 shares, Indies Pharma lost 30 cents to end at $2.53 in trading 2,041,908 shares. Jamaican Teas advanced by 6 cents to $4.55 with an exchange of 66,421 stock units, Jetcon Corporation lost 10 cents to close at $1.20 with the transfer of 167,533 stock units, Lasco Distributors gained 7 cents to end at $2.98 with 342,986 stock units crossing the market. Lasco Financial dipped 1 cent to $2.61 after swapping 39,603 units, Lasco Manufacturing increased 10 cents to end at $4 with an exchange of 207,929 stock units, Limners And Bards added 11 cents to settle at $2.46 with trading 47,863 shares. Mailpac Group lost 2 cents to close at $1.88, having swapped 280,194 units and tTech rose 1 cent ending at $4.70 with 1,000 stock units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The first half of the week showed promise of an upward trend, but that trajectory hit a minor setback on Thursday with the market index slipping just 7.23 points to close at 2,600.18 as advancing stocks just edged out declining ones.
At the close of the market, Access Financial slipped 1 cent in the trading of 1,000 units to settle at $24.74, AMG Packaging ended 4 cents higher at $1.69 with an exchange of 8,683 shares, Caribbean Assurance Brokers added 6 cents and transferred 1,000 shares to close at $2.25. Derrimon Trading finished at $2.30 after falling 15 cents with 975 units traded, Dolphin Cove jumped 40 cents to close at $7.50 with 1,500 units changing hands, and Elite Diagnostic advanced 15 cents to $4.25 in the trading of 84,251 units. Everything Fresh slipped 1 cent to close at 80 cents after exchanging 2,116 shares, Express Catering dipped 2 cents in trading 24,774 shares to close at $4.89, General Accident shed 12 cents and swapped 716,590 shares to close at $5.38. Honey Bun climbed 14 cents to finish at $5.44, trading 38,535 stock units, iCreate closed at 59 cents after losing 2 cents and exchanging 450,585 shares, Indies Pharma ended 2 cents lower at $2.83 with 138,990 shares changing hands. Jamaican Teas shed 51 cents as investors transferred 670,692 shares to close at $4.49, Jetcon Corporation inched 5 cents higher to $1.30 with an exchange of 53,899 units, Knutsford Express jumped 50 cents to $8.50 with the trading of a mere 9 units. 
Lasco Distributors gained 2 cents and swapped 200 units to close at $2.91, Lasco Financial rose 7 cents to $2.62 with 8,213 shares changing hands, Lasco Manufacturing dipped 5 cents to $3.90 with 118,649 units transferred. Limners and Bards shed 25 cents and exchanged 547,048 shares to settle at $2.35, Lumber Depot closed 2 cents higher at $1.13 with 475,645 units swapped, Mailpac Group gained 4 cents in the trading of 616,680 units to finish at $1.90. Main Event shed 38 cents to settle at $4.10 with 2,900 units changing hands, Medical Disposables climbed 31 cents to end at $7 with 5,000 shares traded and tTech fell 1 cent to $4.69 with 5,370 units crossing the exchange.
Trading on the Junior Market resulted in an exchange of 7,825,083 shares valued at 20,619,430 compared to 5,099,168 units valued at $15,226,012 from 30 securities on Tuesday. The day’s activities saw 28 securities changing hands, with the prices of nine rising 12 declining and seven stocks closing unchanged. The PE ratio of the market closed with an average of 9.9 times IC Insider.com projected 2020-21 earnings.
At the close of the market, AMG Packaging lost 5 cents to settle at $1.65 with an exchange of 514 shares, Blue Power gained 5 cents in closing at $3.65, after exchanging 22,208 stock units, Caribbean Assurance Brokers slipped 1 cent trading 30,679 stock units to finish at $2.19. Caribbean Producers added 3 cents to end at $2.40 in swapping 155,604 shares, Dolphin Cove fell 70 cents to close at $7.10 with 11,000 units changing hands, Elite Diagnostic slipped 7 cents to $4.10 in trading 119,772 shares. Everything Fresh gained 1 cent to settle at 81 cents having swapped 1,259 stock units, Express Catering rose 1 cent and exchanged 26,262 units to end at $4.91, Fosrich shed 1 cent to settle at $3.55 in trading 14,924 stock units. General Accident rose 20 cents to close at $5.50, with a change in ownership of 125,606 units, Honey Bun fell 15 cents to $5.30, swapping 358,619 stock units, iCreate rose 5 cents to 61 cents with an exchange of 418,880 units. Indies Pharma dipped 5 cents to $2.85 with 140,114 shares changing hands, Jamaican Teas climbed 51 cents in trading 420,062 units to close at $5, 
Jetcon Corporation lost 7 cents to settle at $1.25 after exchanging 200,269 shares. Knutsford Express dropped 11 cents to settle at $8 with of 292 stock units changing hands, Lasco Distributors slipped 9 cents to end at $2.89 in trading 8,363 stock units, Lasco Financial gained 1 cent to close at $2.55 in transferring 53,625 shares. Lasco Manufacturing climbed 6 cents closing at $3.95 with 10,099 units traded, Limners and Bards lost 30 cents after a swap of 220,635 stock units to end at $2.60 and Mailpac Group fell 8 cents to $1.86 with 4,165,569 shares crossing the exchange.
At the close of the market, Access Financial declined $2.24 in trading of 4,500 units at $22.51, CAC 2000 lost $1.40 in exchanging 4,718 units at a 52 weeks’ closing low of $8, Cargo Handlers closed 50 cents higher at $7.50, trading 25,181 stock units. Caribbean Assurance Brokers rose 8 cents and ended with 5,133 stock units changing hands at $2.24, Caribbean Producers lost 4 cents in trading of 954,039 units at $2.36, Express Catering ended trading with 16,529 shares, after rising 10 cents to end at $4.30. Fontana dipped 51 cents in trading of 276,289 units at $5.46, Honey Bun ended market activity exchanging 201,000 shares to close at $5.10, after falling 23 cents. iCreate lost 3 cents in trading of 457,276 units at 55 cents, Indies Pharma closed trading of 957,799 units and gained 7 cents to end at $3, Jetcon Corporation closed trading of 106,326 units and gained 20 cents to end at $1.10. Lasco Distributors ended with a loss of 1 cent at $2.95 with 75,054 stock units changing hands, 
Lasco Financial ended market activity exchanging 7,000 shares to close at $2.51 after falling 13 cents, Lasco Manufacturing ended market activity exchanging 119,598 shares to close at $4, after falling 5 cents. Limners and Bards climbed 35 cents, exchanging 537,280 shares at $2.50. Mailpac Group gained 1 cent with 284,048 shares changing hands at $1.89, Main Event dipped 32cents in trading35,314 units at $4.08, Medical Disposables rose 1 cent to end at $6.70 trading 10,000 shares and SSL Venture declined by 4 cents to settle at 75 cents after 25,931 shares crossed the market.
At the close of market activities, the prices of 12 securities advanced, eight declined and 11 remained unchanged. The PE ratio of the market ended at 9.8 times IC Insider.com projected 2020-21 earnings.
At the close of the market, Access Financial jumped $2.24 to settle at $24.75 with just 100 shares changing hands, AMG Packaging ended trading with 100 shares, after rising 11 cents to settle at $1.70, Cargo Handlers gained 49 cents in exchanging 300 units at $7. Caribbean Flavours climbed $2.80 to settle at $14.50 with 22,728 shares trading, Dolphin Cove lost 47 cents in trading of 8,148 units at $7.80. Express Catering fell by 10 cents trading 48,700 units at $4.20, Fontana lost 2cents trading 56,326 units at $5.97, Fosrich closed 38 cents higher at $3.80, with an exchange of 1,050 stock units, 
Blue Power rose 26 cents and traded 2,327 shares to end at $3.86, Caribbean Assurance fell 9 cents to $2.15 with an exchange of 45,000 units. Derrimon Trading shed 14 cents in swapping 4,500 units to close at $2.45, Dolphin Cove gained 2 cents and exchanged 2,165 shares to settle at $8.27, Fontana slipped 1 cent lower to $5.99 with 245,999 stock units traded. Fosrich closed with a loss of 38 cents at $3.42, swapping 8,938 shares, General Accident fell 14 cents and exchanged 76,302 shares to finish at $5.55, Honey Bun declined by 12 cents in trading 11,712 units to end at $5.33. iCreate dipped 3 cents to 54 cents in swapping 32,288 units, Indies Pharma exchanged 1,653,278 shares, rising 59 cents after the company reported a 92 percent rise in the second quarter, to end at $2.89, Jamaican Teas closed at $4.70 after trading 183,433 shares and falling 19 cents. Knutsford Express jumped 99 cents to end at $8 with 1,173 units changing hands, Lasco Distributors fell 7 cents in the trading of 152,900 units to finish at $2.90, 
Lasco Financial slipped 1 cent to $2.50 with 183,709 shares exchanged. Lasco Manufacturing closed 10 cents higher at $3.95, with 468,332 stock units swapped, Limners and Bards ended at $2.20 after rising 23 cents and trading 138,733 shares, Mailpac Group gained 1 cent to end at $1.86 with 308,449 shares changing hands. Main Event closed 5 cents higher at $4.40, with 1,136 stock units traded, Medical Disposables fell 9 cents in the exchange of 9,173 units at $6.80, Paramount Trading shed 2 cents and swapped 321,870 units to settle at $1.98 and tTech jumped 41 cents to $4.70 with 10,597 units crossing the exchange.
Trading concluded with 27 securities changing hands, resulting in an exchange of 4,550,105 units valued at $10,318,665 versus to 3,765,461 units costing $7,141,689 from 29 stocks on Tuesday. The PE ratio of the market ended at 9.5 times 2020-21 earnings.
Caribbean Producers exchanged 1,086,459 stock units to close 5 cents higher at $2.40, Derrimon Trading climbed 19 cents to $2.59 with 94,870 units trading, Elite Diagnostic ended at $4.17 after rising 17 cents and swapping 31,990 shares. Everything Fresh closed 10 cents higher at 82 cents, with 109,527 stock units changing hands, Express Catering lost 8 cents in exchanging 29,463 shares to finish at $4.30, Fontana added 10 cents and exchanged 16,442 shares to close at $6. Fosrich climbed37 cents to $3.80 with 14,720 shares crossing the market, General Accident inched 4 cents higher, trading 47,327 stock units to settle at $5.69, Honey Bun closed gained 24 cents to close at $5.45 after exchanging 70,204 stock units. iCreate moved up 3 cents to 57 cents with 338,046 units changing hands, Jamaican Teas slipped 1 cent to close at $4.89 with 3,427 shares traded, Knutsford Express shed $1.29 and exchanged 30,140 shares to close at $7.01. 
Lasco Distributors fell 3 cents in the swapping of 1,237,690 units to settle at $2.97, Lasco Financial lost 12 cents trading 19,000 shares to close at $2.51, Lasco Manufacturing slipped 4 cents to $3.85 with an exchange of 27,829 stock units. Limners and Bards gained 3 cents and traded 12,994 units to end at $1.97, Lumber Depot slipped 1 cent to $1.11 with 97,749 stock units changing hands, Mailpac Group lost 3 cents in trading 624,718 shares to close at $1.85. Medical Disposables ended at $6.89 after rising 14 cents, with 10,000 shares changing hands, Paramount Trading added 1 cent and swapped 4,784 shares to settle at $2 and Stationery and Office Supplies lost 18 cents to close at $6.02 with 14,783 shares crossing the exchange.
At the close of the market, Blue Power rose 22 cents to end at $3.86, with 20,000 stock units changing hands, Cargo Handlers closed with an exchange of 10,000 units and gained 30 cents to end at $6.51, Caribbean Producers ended trading with 75,841 shares, after rising 2 cents to close at $2.40. Consolidated Bakeries shed 13 cents in trading 100 units at $1.51, Dolphin Cove climbed 50 cents and exchanged 433 shares at $8.30, Express Catering declined by 5 cents to settle at $4.35, after trading 11,507 units. Fontana closed 1 cent higher at $6, with the trading of 54,638 stock units, General Accident lost 11 cents in exchanging 8,500 shares to close at $5.30, Honey Bun declined by 25 cents trading 10,742 units to settle at $5.30, iCreate ended trading with 104,081 shares, after rising 3 cents to end at 54 cents. Jamaican Teas declined by 45 cents trading of 171,503 units at $4.53, Knutsford Express shed 90 cents to settle at $8 in exchanging 872 units, 
Lasco Financial closed trading of 10,101 units and gained 24 cents to end at $2.65. Lasco Manufacturing declined by 12 cents in exchanging 117,442 shares to close at $3.90, Limners and Bards closed 5 cents higher at $2.05, with 227,798 stock units changing hands, Lumber Depot added 2 cents to close at $1.13, with 121,357 stock units trading. Mailpac Group ended trading with 127,888 shares, after rising 1 cent to end at $1.87, Medical Disposables closed trading with 7,156 shares, after gaining 12 cents to end at $6.88 and Paramount Trading ended with a loss of 1 cent at $1.98 with 150,500 stock units changing hands.
At the close of the market, AMG Packaging traded 96,209 shares to end at $1.56 after falling 14 cents, Blue Power rose 4 cents to $3.64 with 22,000 shares crossing the exchange, Cargo Handlers shed 19 cents to finish at $6.21 with 3,602 units changing hands. Caribbean Assurance gained 3 cents and exchanged 27,678 shares to settle at $2.20, Caribbean Flavours lost $1.20 in the trading of 281 shares to close at $10.10, Caribbean Producers slipped 2 cents to $2.38 with an exchange of 79,994 units. Derrimon Trading ended 24 cents higher at $2.59, with the trading of 29,510 stock units, Dolphin Cove gained 40 cents to $7.80 with 12,812 shares changing hands, Elite Diagnostic finished at $3.74 after rising 27 cents in swapping 6,154 stock units. Express Catering gained 5 cents and exchanged 14,543 units to close at $4.40, Fontana climbed 19 cents to $5.99 with 276,649 shares changing hands, Fosrich gained 74 cents to $3.89 after trading 24,261 stock units. General Accident lost 11 cents in the exchange of 105,293 units to finish at $5.41, Honey Bun closed at $5.55 after rising 10 cents in the swapping of 56,743 shares, Iron Rock Insurance fell 15 cents to $3.70 with an exchange of 1,100 units. 
Jamaican Teas lost 2 cents in the trading of 2,481 shares to close at $4.98, Knutsford Express jumped 30 cents to $8.90 with 3,409 units changing hands, Lasco Financial lost 9 cents in trading 23,840 shares to close at $2.41. Lasco Manufacturing dipped 26 cents to $4.02 with 16,926 units crossing the exchange, Limners and Bards climbed 10 cents and exchanged 144,500 shares to settle at $2, Lumber Depot declined by 3 cents to settle at $1.11 with 552,285 shares changing hands. MailPac Group lost 2 cents in the trading of 279,180 units to finish at $1.86, Main Event exchanged 27,952 units and gained 29 cents to end at $4.47, Medical Disposables gained 1 cent to end at $6.76 with 2,319 shares traded. SSL Venture climbed 3 cents to 93 cents with 20,000 shares crossing the exchange and Stationery and Office Supplies fell 4 cents in the swapping of 2,238 units to land at $6.26.
At the close of market activities, the prices of 9 securities advanced, 12 declined and 14 remained unchanged. The Junior Market Index declined by 7.12 points to close at 2,589.65. 
Blue Power closed with a loss of 10 cents at $3.60, with an exchange of 50,000 shares, CAC 2000 declined by 9 cents in trading of 2,575 units at $9.30. Cargo Handlers ended trading with 6,921 shares, after rising 19 cents to close at $6.40, Caribbean Cream ended t with 35,115 shares changing hands after rising 33 cents to settle at $2.80. Caribbean Flavours fell 70 cents in exchanging 20,000 shares to close at $11.30, Derrimon Trading dipped 25 cents in trading of 100 units at $2.35, Dolphin Cove fell 40 cents with 11,200 units changing hands at $7.40. Elite Diagnostic closed trading of 8,446 units and gained 5 cents to end at $3.47, Express Catering ended with a loss of 1 cent at $4.35 with 25,692 stock units changing hands, Fosrich closed with a loss of 85 cents at $3.15 swapping 6,300 shares. General Accident lost 51 cents in trading of 97,860 units at $5.52, GWest Corporation exchanged 10,996 shares to close at 95 cents, after falling 5 cents, Honey Bun climbed 25 cents and exchanged 85,194 shares at $5.45. 
Jamaican Teas ended trading with 118,470 shares, after rising 40 cents to end at $5, Jetcon Corporation closed 3 cents higher at 85 cents, with 41,800 stock units trading, Knutsford Express closed 8 cents higher at $8.60, trading 3,910 stock units. Lasco Distributors lost 2 cents with 717,278 shares changing hands to close at $2.91, Lasco Manufacturing declined by 22 cents in trading of 169,108 units at $4.28, Main Event lost 32 cents in ending at $4.18 while exchanging 9,108 shares and Medical Disposables climbed 22 cents and traded 14,727 shares at $6.75.
