Trading on the Junior Market of the Jamaica Stock Exchange closed on Thursday, with the market declining after falling stocks far outnumbered rising ones two to one as investors exchanged 35 percent fewer shares than on Wednesday, with a 28 percent fall in value.
The Junior Market Index steadily moving higher
In the end, 33 stocks traded, down from 36 on Wednesday with nine stocks rising, 19 declining and five remaining unchanged.
The Junior Market Index fell 14.42 points the first decline in seven trading days as the market settle at 2,972.19.
The average PE Ratio ended at 16.7 based on ICInsider.com’s forecast of 2020-21 earnings.
Investors exchanged 7,850,128 shares for $26,568,082, in contrast to 12,160,533 stock units at $36,790,003 on Wednesday. Lasco Distributors led trading with 19.8 percent of total volume as 1.55 million shares changed hands, followed by Lumber Depot 16.4 percent with 1.29 million units and Limners and Bards traded 824,921 units for 10.5 percent market share.
Trading averaged 237,883 units at $805,093, a fall from 337,793 at $1,021,945 on Wednesday.
The Month to date average trade was 258,747 shares at $759,436, compared to 259,825 units at $757,078 on Wednesday. February closed with an average of 365,365 units at $881,118.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Caribbean Producers rose 8 cents to $3.38 with investors swapping 730,312 shares, Consolidated Bakeries dropped 15 cents to $1.40 with an exchange of 100,000 stocks, Dolphin Cove shed 55 cents to end at $8.45, with 2,652 units changing hands. Fosrich gained 5 cents to close at $5.40, with the transfer of 76,249 stock units, iCreate slipped 5 cents to 76 cents, trading 5,786 shares, Indies Pharma fell 65 cents to $3.80 with 457,414 stocks passing through the market. Jetcon Corporation rose 7 cents to close at 77 cents while exchanging 17,831 units, Lasco Financial rose 5 cents to settle at $2.69 with an exchange of 123,700 shares, Lasco Manufacturing advanced 18 cents to $4.59 with 517,865 stocks changing hands. 
Limners and Bards lost 5 cents to finish at $2.70 with a transfer of 824,921 units, Mailpac Group rose 6 cents to $3.45 with 617,187 shares traded, Main Event shed 32 cents to settle at $3.15 with 152,969 stocks passing through the market.Medical Disposables jumped 58 cents to $4.73 with a transfer of 270 units and Stationery and Office Supplies dropped 27 cents to $5.30 with 4,150 shares crossing the exchange.
In the preference segment, CAC 2000 9.5% gained 15 cents to close at $1.30 with 400 stock units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The top three volume leaders saw transfers of over one million units, collectively accounting for 64 percent of the day’s trade. Lumber Depot led trading with 33.3 percent of total volume or 4.04 million shares, followed by Fosrich with 17.9 percent of the day’s trade for 2.18 million units for and GWest 13 percent, with an exchange of 1.58 million stocks.
February closed with an average of 365,365 units at $881,118.
Jetcon Corporation fell 8 cents to 70 cents with 75,350 stocks traded, Lasco Manufacturing lost 8 cents to end at $4.41 with 32,473 units passing through the market, Limners and Bards rose 5 cents to $2.75 with a transfer of 398,797 shares. Lumber Depot fell 14 cents to $2.36 with 4,043,628 stocks passing through the market, Main Event climbed 35 cents to $3.47 with a transfer of 21,350 stock units and tTech dropped 28 cents to $4.42 with 19,083 shares crossing the exchange.
Investor’s Choice bid-offer indicator reading shows five stocks ending with bids higher than their last selling prices and one with a lower offer.
Indies Pharma advanced 90 cents to a 52 weeks’ high of $4.20 with 427,490 shares clearing the market. Knutsford Express rose 45 cents to $5.55, with 2,437 shares crossing the exchange, Lasco Distributors picked up 7 cents to close at to end at 52 weeks’ high of $4.15 in switching ownership of 125,573 stock units, Lasco Financial rose 5 cents to $2.64, after transferring 3,146 shares. Lasco Manufacturing climbed 12 cents to $4.46, with 23,948 units changing hands, Lumber Depot dipped 13 cents to $2.45, after clearing the market with 176,529 stocks, Main Event ended 6 cents higher at $3.12 in an exchange of 50,000 units. Paramount Trading gained 12 cents to settle at $1.43 trading 1,000 stock units, Stationery and Office Supplies climbed 96 cents to $5.58 trading 106 units and tTech gained 9 cents to close at $4.84, transferring 21,683 stocks.
At the close, 34 securities traded, down from 38 on Thursday, with prices of 14 rising, 10 declining and 10 remaining unchanged.
The month to date averaged 253,478 units at $733,977, up from 241,183 units at $698,505 on Thursday. February averaged 365,365 units at $881,118.
Lasco Financial rose 8 cents to $2.59, trading 233,500 shares, Lasco Manufacturing lost 6 cents at $4.34 trading 121,330 units, Limners and Bards slipped 5 cents to $2.80 after an exchange of 3,012,301 stock units and Main Event shed 14 cents to close at $3.06 with the swapping of 10,952 units.
Trading averaged 210,216 units at $782,800, versus 394,569 at $1,213,758 on Wednesday. The month to date, averaged 241,183 units at $698,505, compared to 243,736 units at $691,556 on Wednesday. February averaged 365,365 units at $881,118.
Lasco Financial dropped 13 cents to $2.51 with 31,375 stocks changing hands, Limners and Bards climbed 30 cents to $2.85, with 1,105,667 units traded, Lumber Depot rose 7 cents to $2.57 with a transfer of 384,692 shares. Main Event gained 5 cents to close at $3.20 with an exchange of 1,018,764 stocks, Paramount Trading fell 12 cents to $1.31 with 7,206 stock units changing hands, Tropical Battery lost 5 cents to end at $1.15 with 150,083 units traded and tTech rose 5 cents to $4.75 with 3,677 shares crossing the exchange.
In the end, 33 securities traded, up from 31 on Tuesday, with prices of 13 rising, nine declining and 11 remaining unchanged.
Trading month to date averaged 243,736 units at $691,556, up from 232,106 units at $651,293 on Tuesday. February averaged 365,365 units at $881,118.
Indies Pharma lost 8 cents to close at $3.32 with a transfer of 8,819 shares, Jetcon Corporation rose 6 cents to 78 cents with 6,881 stock units passing through the market. Lasco Manufacturing gained 10 cents to end at $4.40 with 51,179 shares changing hands, Limners and Bards added 5 cents to end at $2.55 with a transfer of 73,168 stock units and Main Event fell 25 cents to $3.15 with 4,496 units crossing the exchange.
Trading ended with 31 securities changing hands, down from 37 on Monday and closed with 14 stocks rising, 10 declining and seven remaining unchanged. The average PE Ratio ended at 16.5 based on ICInsider.com’s forecast of 2020-21 earnings.
At the close, Access Financial dropped $1.16 to $19.84, with the swapping of 2,821 shares, Blue Power lost 27 cents to close at $3.82, after exchanging 2,139 stocks, Caribbean Assurance Brokers rose 43 cents to $2.31 with 94,785 units crossing the market. Caribbean Cream picked up 5 cents to end at $4.90 trading 290 shares, Caribbean Producers gained 15 cents to finish at $3.18 in transferring 99,874 stock units. Consolidated Bakeries rose 13 cents to $1.63 with 3,637 units changing hands, Fontana ended 9 cents higher at $5.90 trading 204,475 stock units, Fosrich advanced 13 cents to $5.25 in an exchange of 17,786 shares. General Accident fell 15 cents to $5.70 in swapping 9,303 stock units, GWest Corporation gained 12 cents to 95 cents with a transfer of 51,347 shares, Honey Bun picked up 9 cents to close at $5.09 after exchanging 5,396 units. Indies Pharma rose 24 cents to $3.40 trading 85,057 stock units, Lasco Distributors fell 2 cents to $3.83 in exchanging 82,088 stocks, Lasco Manufacturing shed 25 cents to $4.30 after transferring 26,065 units. 
Mailpac Group fell 4 cents to $3.34 in trading 1,259,240 shares, Main Event lost 7 cents ending at $3.40 with 8,004 shares crossing the market and Paramount Trading rose 12 cents to $1.43 with an exchange of 20,123 units.
Trading ended with 12 stocks rising, 17 declining and eight remaining unchanged. The average PE Ratio ended at 16.3 based on ICInsider.com’s forecast of 2020-21 earnings.
Investor’s Choice bid-offer indicator reading shows nine stocks ending with bids higher than their last selling prices and three with lower offers.
Lasco Financial slipped 5 cents to $2.64 after transferring 950 stock units, Lasco Manufacturing gained 15 cents to close at $4.55, with 8,900 units changing hands. Lumber Depot shed 10 cents to $2.50 with investors switching ownership of 422,039 shares, Stationery and Office Supplies dropped 98 cents to $4.61, trading 5,357 stock units and tTech lost 5 cents to end at $4.70 after exchanging 809 shares.
Trading ended with 31 active securities, down from 36 on Thursday and closed with eight rising prices, 13 declining and 10 remaining unchanged.
Trading averaged 145,255 units at $366,311, from 153,162 at $547,055 on Thursday. The month to date averaged 227,879 units at $644,664, compared to 235,664 units at $670,892 on Thursday. February closed with an average of 365,365 units at $881,118.
Honey Bun gained 6 cents to end at $5.12 in trading 27,055 stock units, Lasco Distributors gained 15 cents to close at $3.85 in an exchange of 110,217 units, Paramount Trading lost 15 cents in closing at $1.30 with 17,360 stock units clearing the market. SSL Venture lost 4 cents to close at 60 cents, with 54,312 stock units crossing the market and Stationery and Office Supplies advanced 99 cents to $5.59, trading 7,851 shares.
A total of 36 securities traded against 35 on Wednesday and ended with 20 rising, eight declining and eight remaining unchanged. The average PE Ratio ended at 16.7 based on ICInsider.com’s forecast of 2020-21 earnings.
Investor’s Choice bid-offer indicator shows three stock ended with bids higher than their last selling price and four with lower offers.
Lasco Distributors slipped 5 cents to $3.70 with 43,656 units passing through the market, Lasco Financial rose 6 cents to $2.69 with 51,951 shares traded, Lasco Manufacturing climbed 17 cents to $4.40 with a transfer of 2,020,846 stock units. Lumber Depot advanced 13 cents to $2.61 with 999,321 units changing hands, Paramount Trading rose 14 cents to $1.45 with 1,000 stock units traded and Stationery and Office Supplies gained 5 cents to close at $4.60 with 7,899 shares crossing the exchange.