The volume and value of stocks trading on Friday declined 48 percent lower from Thursday’s outturn at the close of the Jamaica Stock Exchange Junior Market, leaving the market Index to dip 16.67 points to 3,327.84 and down for the week as well from 3,339 points at the close of last week.
A mere 33 securities traded on Friday, down from 37 on Thursday and ended with 12 rising, 16 declining and five closing unchanged.
The PE Ratio, a measure that determines appropriate relative values of stocks, averages 12.6 based on ICInsider.com’s 2021-22 earnings forecast.
At the close of the market 4,452,883 shares traded for $13,121,224 down from 8,643,634 units changing hands at $25,023,570 on Thursday. Future Energy Source led trading with 31.2 percent of total volume after exchanging 1.39 million shares. MailPac Group followed with 12 percent for 533,445 units and General Accident 6.7 percent, with 300,000 units.
Trading averaged 134,936 units at $397,703 in contrast to 233,612 at $676,313 on Thursday. Month to date trading averages 187,419 units at $600,090, compared to 193,078 units at $621,916 on Thursday. May closed with an average of 318,089 units at $760,337.
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.
At the close, Access Financial climbed 8 cents to $22.38 with an exchange of just one share, Cargo Handlers fell 11 cents to $8.25 with the swapping of 5,000 units. Caribbean Assurance Brokers lost 5 cents to close at $2, with 19,452 stocks clearing the market, Caribbean Cream rallied 37 cents to $6.20, with 30 units changing hands, Caribbean Producers lost 5 cents in closing at $4 with a transfer of 145,073 shares, Consolidated Bakeries rose 12 cents to end at a 52 weeks’ high of $1.90 in an exchange of 7,800 stock units, Derrimon Trading fell 10 cents to $2.49 with the swapping of 51,500 shares. Express Catering spiked 60 cents to $5.40, with 141,004 stocks clearing the market. General Accident dipped 5 cents to $5.75 in switching owners of 300,000 stock units, Honey Bun shed 18 cents to close at $6.52 with an exchange of 174,208 shares, Indies Pharma lost 10 cents to end at $3.90 in transferring 36,798 stocks.
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.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Market activity led to 37 securities trading compared to 38 on Wednesday, with 16 rising, 12 declining and nine closing firm and Jetcon Corporation closed at a 52 weeks’ high.
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.
Market activity was down to 38 securities trading from 43 on Tuesday, with 11 rising, 18 declining and nine closing unchanged.
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.
At the close, 40 securities traded, from 36 on Thursday and ended with 15 rising, 19 declining and six closing unchanged.
Investor’s Choice bid-offer indicator reading shows two stocks ending with bids higher than their last selling prices and three with lower offers.
Limners and Bards popped 23 cents to $3.13 with a transfer of 195,668 stock units, Lumber Depot climbed 13 cents to $3.39 in switching ownership of 322,073 shares, Main Event spiked 58 cents to $5.28 after trading 2,500 stock units, Medical Disposables fell 70 cents ending to $4.25 with 70,357 shares changing hands, Stationery and Office Supplies dived 79 cents to end at $7.52 in exchanging 88,968 stock units.
At the close, the PE Ratio, a measure that determines an appropriate relative value of each stock, averages 12.4 based on ICInsider.com’s 2021-22 earnings forecast.
Trading averaged 145,654 unit at $608,143 versus 198,947 at $496,142 on Wednesday. for the month to date trading averages 146,884 units at $481,673, versus 147,466 units at $421,766 on Wednesday. May closed with an average of 318,089 units at $760,337.
Lasco Manufacturing rallied 13 cents to $5.64 with 47,797 shares changing hands, Limners and Bards dropped 15 cents to $2.90 with a transfer of 4,498 units, Lumber Depot fell 18 cents to $3.26 with ownership of 974,222 stocks changing. Medical Disposables slipped 5 cents to $4.95 with 1,565 stock units changing hands and Stationery and Office Supplies spiked 67 cents to $8.31 with 66,386 shares crossing the exchange.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and three with lower offers.
Lasco Distributors fell 14 cents to end at $4 with 10,382 shares traded, Lasco Financial lost 12 cents to finish at $3.87 with 236,100 units changing hands, after trading at an intraday 52 weeks high of $4.20. Lasco Manufacturing slipped 9 cents to $5.51, with a transfer of 45,005 stocks, Medical Disposables fell 5 cents to $5 with investors switching ownership of 1,000 stock units and Stationery and Office Supplies shed 51 cents to close at $7.64 with the 500 shares crossing the exchange.
Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and two with lower offers.
Lasco Manufacturing rose 8 cents to $5.60 with 580,585 stock units changing hands, Medical Disposables jumped 65 cents to $5.05 with 679 stocks passing through the market. Stationery and Office Supplies gained 15 cents to end at $8.15 with 10,860 units traded and tTech dropped $1.18 to close at $5.07 with 2,600 shares crossing the exchange.
Market activity led to 39 securities trading, down from 41 on Friday, with 21 rising, 11 declining and seven closing unchanged.
Trading averaged 354,111 units at $751,806, down from 148,909 at $414,611 on Friday. The month to date averaged 318,089 units at $760,337, compared to 316,141 units at $760,798 on Friday. April closed with an average of 329,241 units at $854,716.
Lumber Depot advanced 10 cents to $3.40 with 155,164 shares passing through the market, Mailpac Group rose 5 cents to $3.76 with 248,853 units changing hands, Medical Disposables shed 60 cents to close at $4.40 with 18,477 stock units traded. SSL Venture gained 8 cents to end at 63 cents with investors swapping 6,366 stocks, Stationery and Office Supplies dropped 20 cents to $8 with a transfer of 10,501 units and Tropical Battery fell 7 cents to $1.15 with 583,616 shares crossing the exchange.