The Junior Market of the Jamaica Stock Exchange closed on Thursday, with the market dropping after more than twice the number of stocks fell than rose after trading 70 percent more shares than on Wednesday.
Trading on Thursday ended with a similar number of securities changing hands as Wednesday with market activity resulted in 31 securities changing hands, with the prices of eight stocks rising, 17 declining and six, with remaining unchanged.
At the close, the Junior Market Index declined by 49.55 points to settle at 2,595.01 and the average PE Ratio of the market ended at 10.3 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 3,221,829 shares for $8,756,559 compared to 1,895,699 units at $7,143,931 on Wednesday. Mailpac Group led trading with 1.02 million shares for 31.6 percent of total volume, followed by Derrimon Trading with 330,000 units for 10.2 percent of the day’s trade and Fontana with 252,307 units for 7.8 percent market share.
Trading ended with an average of 103,930 units at $282,470 in contrast to 61,152 at $230,449 on Wednesday. For the month to date, the average trade resulted in an exchange of 137,286 units at $373,348, in comparison to 141,923 units at $385,982 on Tuesday. Trading in July resulted in an average of 248,153 units at $668,727 trading.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows five stocks ended with bids higher than their last selling prices and three with lower offers.
At the close of the market, Access Financial dropped by $3.58 to close at $22.52 in an exchange of 308 stock units, Blue Power carved out a loss 5 cents to settle at $3.35 after trading 67,202 shares, Cargo Handlers lost 16 cents to end at $7.34, with just 10 stocks changing hands. Caribbean Assurance Brokers carved out a loss 27 cents in closing at $1.97, with 50,770 shares crossing the exchange, Caribbean Cream declined by 25 cents to end at $4 with investors swapping 162,171 stock units, Caribbean Producers gained 10 cents to end at $2.50 with investors switching ownership of 137,000 shares. Derrimon Trading gained 10 cents to close at $2.80, with 330,000 stock units crossing the market, Elite Diagnostic dropped by 48 cents ending at $3.17 trading 15,351 shares, Everything Fresh lost 2 cents to end at 74 cents in exchanging 2,080 stocks. Fontana climbed 5 cents to close at $5.06 with investors swapping 252,307 units, General Accident carved out a loss 14 cents to end at $7.35 while exchanging 3,465 stocks, GWest Corporation lost 19 cents to settle at 70 cents, after 93,643 units crossed the exchange. 
Honey Bun declined by 23 cents to $5.10 with investors switching ownership of 5,302 shares, iCreate gained 5 cents in closing at 68 cents with 198,879 stock units changing hands, Indies Pharma declined by 10 cents to $2.80, with 129,500 stocks clearing the market. Jamaican Teas lost 2 cents to settle at $5 in exchanging 247,818 stock units, Jetcon Corporation declined by 2 cents to 98 cents in trading 61,870 shares, Lasco Distributors advanced by 19 cents to $3.40, with 93,492 stock units changing hands. Lasco Manufacturing carved out a gain of 13 cents to end at $3.90 trading 13,717 stock units, Limners and Bards shed 8 cents to close at $2.71 after 116,115 stock units crossed the market, Lumber Depot lost 1 cent to settle at $1.03 with an exchange of 130,838 stock units. Mailpac Group lost 2 cents in ending at $2.08 finishing at 1,018,454 units, Main Event carved out a gain of 3 cents to end at $3.99 in exchanging 800 stocks, Medical Disposables declined by 2 cents to close at $4.91, with 12,100 stocks changing hands and Paramount Trading carved out a gain of 4 cents to end at $1.79 in an exchange of 10,700 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows three stocks ended with bids higher than their last selling prices and six with lower offers.
Indies Pharma climbed 5 cents to end at $2.95 with an exchange of 17,662 units, Iron Rock Insurance fell 5 cents to $3.40, with 1,935 shares crossing the exchange, Jetcon Corporation lost 1 cent to end at $1 after trading 3,238 stocks. Knutsford Express fell 5 cents in closing at $6.85 with investors switching ownership of 32,852 stocks, Lasco Distributors dropped by 5 cents to end at $3.20, with 779,939 stock units crossing the market, Lasco Financial advanced by 5 cents to close at $2.35, after exchanging 3,430,200 shares. Lasco Manufacturing carved out a gain of 20 cents in closing at $3.90 changing hands 137,491 units, Limners and Bards dropped by 6 cents to settle at $2.90, with 196,444 shares changing hands, Lumber Depot carved out a loss 3 cents to end at $1.01 in exchanging 362,184 stocks. Medical Disposables gained 7 cents to close at $5, with 9,906 stock units changing hands, SSL Venture fell 9 cents in closing at 78 cents in trading 10,000 stock units and tTech declined by 80 cents to close at $5.95 trading 7,397 units after the company reported lower revenues and profit for the June quarter.
Trading ended with 32 securities changing hands compared to 31 securities on Friday and ended with the prices of nine stocks rising, twelve declining and eleven remaining unchanged.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows three stocks ended with bids higher than their last selling prices and two with lower offers.
iCreate settled at 61 cents, with a gain of 1 cent and 298,692 shares crossing the market, ISP Finance shed 80 cents to settle at $15, with 129 units passing through the market. Jamaican Teas rose 1 cent to $5, with investors switching ownership of 43,500 stock units, Knutsford Express declined 98 cents to close at $6.90 in an exchange of 1,840 stock units, Lasco Distributors gained 20 cents, in closing at $3.25 with 7,768 stocks changing hands. Lasco Financial lost 5 cents to end at $2.30 trading 47,768 stock units, Limners and Bards declined by 4 cents to settle at $2.96 as investors swapped 185,204 shares, Lumber Depot fell 2 cents to $1.04, in an exchange of 806,750 shares. MailPac Group gained 1 cent to end at $2.15, after trading 543,553 shares, Medical Disposables shed 26 cents to settle at $4.93, with 7,531 units crossing the market and tTech rose 25 cents to end at $6.75 trading 10,097 units.
Trading ended with 31 securities changing hands compared to 30 on Wednesday and ended with the prices of 13 stocks rising, 12 declining and seven ending with prices remaining unchanged.
At the close of the market, Access Financial carved out a gain of $3.49 to close at $26.99 in trading 6,465 shares, AMG Packaging increased 10 cents to end at $1.84 after exchanging 14,749 units, Blue Power fell 5 cents in ending at $3.40 after trading 3,500 shares. Caribbean Assurance Brokers increased 4 cents to close at $2.15 in an exchange of 8,688 stock units, Caribbean Cream rose 15 cents to end at $5.40 after exchanging 115,306 units, Caribbean Producers fell 2 cents to close at $2.42 in trading 58,650 stock units. Derrimon Trading carved out a gain of 1 cent to end at $2.55, with 211,600 stocks changing hands, Dolphin Cove climbed 25 cents to $7.25 with an exchange of 3,630 units, Everything Fresh fell 2 cents to end at 73 cents after clearing the market of 72,417 stock units. Fontana lost 2 cents to close at $5 with investors swapping 85,126 stocks, Fosrich fell 5 cents to $3.70 in trading 106,700 stocks, General Accident rose 20 cents closing at $7.50 after exchanging 283,368 shares. GWest Corporation climbed 3 cents to end at 89 cents in an exchange of 2,400 units, iCreate declined by 2 cents to end at 60 cents, with 68,005 stock units crossing the market, Indies Pharma dropped 6 cents to settle at $2.90 while exchanging 35,193 shares. 
Jetcon Corporation advanced by 9 cents to settle at $1.01 trading 3,000 units, Knutsford Express increased 38 cents and ended at $7.88 with investors swapping 225 stocks, Lasco Distributors carved out a loss 22 cents to settle at $3.05 in trading 20,967 stock units. Lasco Manufacturing advanced by 18 cents after closing at $3.70, with investors swapping 103,786 units, Limners and Bards rose 14 cents to end at $3, with 90,543 shares, crossing the market, Mailpac Group lost 1 cent to close at $2.14 with investors switching ownership of 576,774 units. Main Event fell 3 cents in closing at $3.96 and exchanging 607,726 stock units, Medical Disposables lost 1 cent to end at $5.19 with an exchange of 6,703 units and Paramount Trading dropped 2 cents to settle at $1.75 trading 8,000 shares.
Trading ended with 30 securities changing hands, down from 34 on Tuesday and ended with the prices of 12 stocks rising, 13 declining and five ended, with unchanged prices.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows four stocks ended with bids higher than their last selling prices and four with lower offers.
Jamaican Teas fell 1 cent in closing at $4.99 while exchanging at 23,440 stocks, Jetcon Corporation lost 9 cents to end at 92 cents in an exchange of 3,000 stocks, KLE Group climbed 2 cents to settle at $1.42 and clearing the market with 2,700 shares. Lasco Distributors gained 2 cents to close at $3.27 in an exchange of 56,668 stock units, Lasco Financial lost 15 cents in closing at $2.35, with 5,505 stock units changing hands, Lasco Manufacturing shed 23 cents to end at $3.52 after 14,255 stocks passed through the market. Limners and Bards shed 2 cents to end at $2.86, with 12,505 shares crossing the market, Lumber Depot declined 1 cent to end at $1.06 trading 97,071 units, Mailpac Group increased 3 cents to $2.15, with 612,063 units changing hands and Medical Disposables carved out a loss 10 cents to finish at $5.20 trading 134,204 shares.
Trading ended with 34 securities changing hands compared to 32 on Monday and ended with the prices of 13 stocks rising. Prices of 10 stocks declined and prices of 11 remained unchanged.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows four stocks ended with bids higher than their last selling prices and two with lower offers.
iCreate advanced 3 cents and traded 1,993 units to settle at 60 cents, Indies Pharma fell 7 cents to $2.90 with 9,200 shares changing hands, Jetcon Corporation carved out a gain of 10 cents to end at $1.01 and clearing the market with 6,097 shares. Lasco Distributors slipped 3 cents to close at $3.25 with 70,905 shares passing through the market, Lasco Financial rose 9 cents to settle at $2.50 trading 5,700 units, Lasco Manufacturing declined by 3 cents to end at $3.75 in an exchange of 55,345 stock units. Limners and Bards climbed 21 cents to finish at $2.88 with investors transferring 27,316 stocks, Lumber Depot gained 1 cent to close at $1.07 with 147,000 shares changing hands, Mailpac Group declined 2 cents to end at $2.12 with an exchange of 303,405 stock units. Medical Disposables climbed 25 cents to close at $5.30 with 3,410 shares traded and tTech dipped 80 cents to close at $6.50, with 22,081 shares crossing the exchange.
At the close of the market, Access Financial gained 94 cents to close at $26.99 with the trading of 5,259 stocks, AMG Packaging rose 2 cents to settle at $1.75, with 125,640 stock units changing hands, Blue Power lost 15 cents to settle at $3.15 after clearing the market with 23,011 shares. Caribbean Cream gained 40 cents in closing at $4.40, with an exchange of 1,571 stock units, Caribbean Producers dropped 4 cents to end at $2.35 after exchanging 51,610 units, Consolidated Bakeries lost 19 cents ending at $1.36 clearing the market with 1,000 shares. Derrimon Trading shed 9 cents to end at $2.30 while exchanging 8,401,811 stocks, Elite Diagnostic dipped 10 cents in closing at $3.60 with investors switching ownership of 29,500 units, Express Catering declined by 6 cents to $4 in an exchange of 34,253 stocks. Fosrich dropped 24 cents to close at $3.65 and clearing the market with 34,160 shares, General Accident climbed 11 cents to settle at $7.15, and finishing at 19,458 shares changing hands, Honey Bun rose 10 cents to end at $5.40 in an exchange of 402 shares. 
iCreate added 1 cent in closing at 57 cents while trading 92,494 shares, Indies Pharma gained 2 cents to finish at $2.97 83,705 stock units changing hands, Iron Rock Insurance advanced 45 cents to $3.45 while exchanging three units. Jamaican Teas increased 11 cents to end at $5 in an exchange of 95,024 stock units, Knutsford Express shed 40 cents to close at $7.50, with 7,512 units passing through the market, Lasco Distributors gained 3 cents to settle at $3.28 in trading 199,213 units. Lasco Manufacturing rose 28 cents in closing at $3.78 after exchanging 17,211 units, Limners and Bards lost 13 cents to settle at $2.67 and finishing trading, with 12,851 units, Mailpac Group shed 1 cent to settle at $2.14, with 538,932 stocks changing hands. Main Event slipped 1 cent to $3.99 after 5,100 shares crossed the market, Medical Disposables carved out a gain of 5 cents to end at $5.05 and trading 24,047 units. Stationery and Office Supplies fell 10 cents in closing at $5.80, with 2,747 stock units crossing the market and tTech gained 60 cents to end at $7.30, with 5,000 shares passing through the market.
Trading ended with 32 securities changing hands, similar to Thursday and ended with the prices of 10 stocks rising, eight declining and 14 with prices remaining unchanged. At the close, the Junior Market Index increased 25.76 points to settle at 2,590.03, and the average PE Ratio of the market ended at 10.7 based on IC Insider.com’s forecast of 2020-21 earnings.
An average of 91,793 units changed hands at $352,471, in contrast to an average of 50,227 shares at $123,569 on Thursday. An average of 249,987 units at $688,727 for the month to date, in comparison to 257,292 units at $701,029. Trading in June resulted in an average of 245,049 units at $689,955 trading.
General Accident fell 1 cent to close at $7.04, with 500 stocks passing through the market; Honey Bun lost 9 cents to end at $5.30 after 7,700 units crossed the market, Iron Rock Insurance dropped 80 cents to close at $3, with 3,636 stocks changing hands. Jamaican Teas fell 6 cents to close at $4.89 in an exchange of 29,780 shares, Knutsford Express advanced by 90 cents to settle at $7.90 trading 266,086 units, Limners and Bards gained 29 cents to end at $2.80 in exchanging 344,149 shares. Mailpac Group rose 5 cents to close at $2.15 850,762 shares changing hands, Medical Disposables added 1 cent to settle at $5 in exchanging 84,753 stock units and tTech fell 60 cents to $6.70 trading 160,923 units.
An average of 50,227 units traded at $123,569 on Thursday, in contrast to an average of 82,162 at $243,633 on Wednesday. F
Lasco Financial declined by 13 cents and ending at $2.41, with 131,441 units changing hands, Lasco Manufacturing shed 12 cents to end at $3.50 121,608 stock units crossing the exchange. Limners and Bards slipped 10 cents to end at $2.51 in an exchange of 218,192 stock units, Lumber Depot advanced by 1 cent in closing at $1.06 while exchanging 6,194 stock units, Mailpac Group lost 4 cents closing at $2.10 with investors switching ownership of 479,529 stocks. Main Event gained 1 cent to closed at $4 in an exchange of 230 shares, Medical Disposables dipped 1 cent to close at $4.99, with 8,575 units changing hands, Paramount Trading shed 3 cents in closing at $1.77 and cleared the market with 1,000 shares. Stationery and Office Supplies dropped by 8 cents in closing at $5.90, with investors switching ownership of 3,500 shares and tTech rose 17 cents ending at $7.30 clearing the market with 25,124 units.
In comparison, June ended, with an average of 245,049 units trading at $689,955.
Express Catering carved out a gain of 9 cents to close at $4.09, with 7,900 stock units crossing the exchange, Fontana gained 5 cents in closing at $5.05 with an exchange of 33,420 units, General Accident rose 20 cents to close at $7.15 after exchanging 116,000 stock units. GWest Corporation gained 2 cents to settle at 89 cents, with 2,098 shares changing hands, iCreate shed 2 cents to end at 54 cents in trading 45,143 units and Iron Rock Insurance shed 9 cents to end at $3.80 with investors swapping 3,100 stock units.
