After closing higher on four of five days last week with the week closing with a gain of 42 points on Friday, the Junior Market of the Jamaica Stock Exchange lost grounds on the first trading day of the week with the market Index declining 32.01 points to close at 2,581.40.
Trading on the finished with 30 securities changing hands, resulting in an exchange of 4,645,198 units valued at $13,350,189 compared to 2,764,337 units valued at $7,742,462 on Friday.
At the close of market activities, the prices of nine securities advanced, 11 declined and nine remained unchanged.
An average of 154,840 shares for each security traded at $445,006 An average of 154,840 units stock traded on Monday at $445,006 each, in contrast to 86,386 units for an average of $241,952 on Friday. The average volume and value for the month to date amounts to 173,151 units valued at $411,659 and previously 175,086 units valued at $408,136. May closed with an average of 150,274 units valued 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 two stocks ended with bids higher than their last selling prices and three with lower offers.
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.
In the Junior Market preference segment, CAC 2000 9.5% closed trading of 8,000 units and gained 16 cents to end at $1.16 and Derrimon Trading 9% exchanged 5,010 shares with a rise of 5 cents to end at 41.55.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the close of market activities, the prices of nine securities advanced, 14 declined and 10 remained unchanged and the PE ratio ended at 9.6 times 2020-21 earnings.
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.
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 one with a lower offer. The reading suggests that the market prices should close mostly up on Wednesday.
In contrast, May closed with an average of 150,274 units valued at $491,077 for each security traded.
Iron Rock Insurance closed at $3.20 after exchanging 100 units and falling 50 cents, Jamaican Teas finished 1 cent higher at $4.90, with 3,200 stock units trading,
At the close of the market, Access Financial dropped $2.09 trading 18,091 units in closing at $22.51, AMG Packaging gained 14 cents and exchanged 2,864 shares at $1.70, Blue Power closed with a loss of 26 cents at $3.60 after swapping 9,390 shares. CAC 2000 rose 10 cents and exchanged 1,000 shares at $9.40, Derrimon Trading lost 39 cents trading of 70,316 units at $2.20, Dolphin Cove dropped 80 cents exchanging 8,547 shares to close at $7.50. Elite Diagnostic gained 11 cents with 85,292 shares changing hands at $3.85, Everything Fresh declined by 2 cents in trading of 52,869 units at 78 cents, Express Catering closed trading of 2,789 units and gained 3 cents to end at $4.38. Fontana rose 14 cents exchanging 122,435 shares, at $6.14, Fosrich closed with a loss of 48 cents at $3.41in swapping 11,141 shares, General Accident rose 7 cents with 19,637 shares changing hands at $5.37, Honey Bun gained 15 cents trading of 133,905 units to end at $5.45. Indies Pharma declined by 5 cents to settle at $2.21 after investors switched ownership of 32,151 units, Jamaican Teas ended trading with 57,832 shares, after rising 36 cents to close at $4.89, Jetcon Corporation closed 5 cents higher at 90 cents, with 355 stock units changing hands.
Knutsford Express climbed 30 cents and exchanged 950 shares at $8.30, Lasco Distributors ended trading with 152,436 shares, after rising 7 cents to end at $2.98, Lasco Financial shed 10 cents to settle at $2.55 after exchanging 168,566 shares, Lasco Manufacturing lost 5 cents trading 16,100 units at $3.85. Limners and Bards closed, with a loss of 2 cents at $2.03 in swapping 87,179 shares, Lumber Depot lost 3cents with 11,147,733 shares crossing the market to close at $1.10, Mailpac Group closed trading of 68,279 units and gained 3 cents to end at $1.90. Main Event stock fell by 12 cents in exchanging 2,000 units at $4.35, shares of Medical Disposables declined by 13 cents to settle at $6.75 with 39,870 units changing hands, Paramount Trading gained 1 cent to end at $1.99, trading 1,000 shares and SSL Venture shed 14 cents in transferring 16,674 units at 79 cents.
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.
The market index jumped in the first 30 minutes of trading to 2,666.21 but could not hold on to the gains as it slipped back to end with a loss of 20.92 points at 2,596.77. The market closed with the average PE ratio of 9.4 times IC Insider.com projected 2020-21 earnings.
At the close of the market, AMG Packaging exchanged 12,452 units and gained 9 cents to end at $1.70, Blue Power climbed 10 cents to $3.70 with 5,000 shares changing hands, Caribbean Cream lost 28 cents in trading 157,448 shares to close at 2.47 cents. Caribbean Flavours jumped 70 cents to $12 and exchanged 214 shares, Derrimon Trading swapped 48,300 units and gained 28 cents to end at $2.60, Elite Diagnostic closed 2 cents higher at $3.42, trading 78,926 stock units. Everything Fresh ended at 80 cents after swapping 27,139 shares and rising 5 cents, Express Catering lost 4 cents trading 61,977 shares to close at 4.36 cents, General Accident fell 2 cents in the exchange of 1,242,006 units to settle at $6.03. GWest Corporation climbed 13 cents and traded just 20 shares to finish at $1, Honey Bun fell 20 cents to 5.20 with 69,778 changing hands cents, iCreate shed 4 cents in swapping 201,238 units to close at $0.51. Indies Pharma traded 108,120 shares, after rising 1 cent to end at $2.26, Jamaican Teas lost 3 cents in the exchange of 24,648 units to close at $4.60, Jetcon Corporation swapped 3,010,893 units to finish at 82 after falling 7 cents$0.
Knutsford Express ended with 372,439 shares changing hands, after rising 11 cents to settle at $8.52, Lasco Distributors declined by 17 cents to $2.93 with an exchange of 1,534,284 units, Lasco Manufacturing shed 29 cents and traded 969,317 shares to close at $4.50. Limners and Bards ended at $1.90 after rising 7 cents and transferring 35,164 stock units, Lumber Depot inched 1 higher to $1.14, trading 76,135 shares, MailPac Group closed at $1.88, having gained 2 cents and swapping 192,266 units. Medical Disposables dropped 36 cents to settle at $6.53 with 50,350 stock units traded, Paramount Trading exchanged 461,541 shares and gained 1 cent to end at $1.99, SSL Venture climbed 15 cents and swapped 300 units to finish at 90 cents and tTech closed with a loss of 41 cents at $4.29 with 2,098 shares crossing the exchange.
In contrast to Monday’s high volume, just 4,090,696 units valued at $13,986,258 changed hands from 31 securities on Friday.
At the close of the market, Access Financial climbed 5 cents to $23.05 with 1,242,213 shares trading, AMG Packaging ended at $1.61 after rising 6 cents and swapping 19,611 stock units, Cargo Handlers rose 16 cents in the exchange of 189,409 units to finish at $6.21. Caribbean Assurance Brokers slipped 1 cent and traded 54,706 stock units to close at $2.29, Caribbean Cream fell 9 cents to $2.75 with 272,900 shares changing hands, Caribbean Flavours jumped by $1.30 to close at $11.30 with the swapping of 2,152 stock units. Caribbean Producers gained 4 cents and exchanged 328,436 stocks to settle at $2.40, Derrimon Trading dropped 28 cents to end at $2.32 with 3,285,500 shares changing hands, Dolphin Cove closed trading of 1,100 stock units and gained 55 cents to end at $7.80. Elite Diagnostic lost 10 cents in the exchange of 7,191 units to finish at $3.40, Everything Fresh closed 2 cents higher at 75 cents with 21,000 shares traded, Express Catering settled at $4.40 after losing 5 cents and swapping 77,382 stock units. Fontana shed 14 cents in exchange of 150,506 shares to end at $5.80, General Accident traded 605,700 units and fell 20 cents to close at $6.05, Honey Bun climbed 28 cents exchanging 38,480 shares to finish at $5.40. Jamaican Teas exchanged 2,762,864 units and lost 7 cents to close at $4.63, Jetcon Corporation slipped 1 cent to 89 cents with 3,033 stock units changing hands,
Knutsford Express closed with a loss of 54 cents at $8.41 in the swapping of 100 shares. Lasco Distributors climbed 15 cents and exchanged 983,238 stock units to end at $3.10, Lasco Financial fell 20 cents in the trading 523,159 units to finish at $2.50, Lasco Manufacturing ended market activity at $4.79 after exchanging 91,830 shares and falling 11 cents. Limners and Bards slid 1 cent to $1.83 with 59,463 units changing hands, Lumber Depot exchanged 2,136,838 stock units after losing 1 cent to close at $1.13, Medical Disposables dipped 1 cent to $6.89 with 23,450 shares traded. Paramount Trading ended 1 cent lower at $1.98 with 38,130 stock units changing hands and Stationery and Office Supplies climbed 9 cents to $6.30 with 35,953 crossing the exchange.