The Junior Market of the Jamaica Stock Exchange closed on Monday, with the market declining moderately as rising stocks edged out those falling after trading 76 percent more shares than on Friday at a value that is 63 percent higher.
Trading ended with 37 securities changing hands compared to 33 on Friday and ended with the prices of 15 stocks rising, the prices of 12 declining and 10, remaining unchanged.
At the close, the Junior Market Index declined 5.95 points to 2,461.83. The average PE Ratio closed at 11 based on ICInsider.com forecast of 2020-21 earnings.
The market closed with an exchange of 3,238,878 shares for $7,097,152 compared to 1,839,376 units at $4,361,132 on Friday. Tropical Battery led trading with 45 percent of total volume with 1.46 million shares, followed by Mailpac Group 10.6 percent, with 342,904 units and Fontana 7.1 percent market share with 230,602 units.
Trading ended with an average of 87,537 units at $191,815 in contrast to 55,739 at $132,156 on Friday. For the month to date, the average trade resulted in an exchange of 247,644 units at $530,288, compared to 258,843 units at $553,962 on Friday. Trading in September resulted in an average of 119,171 units at $249,355.
At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows three stocks ending with bids higher than their last selling prices and four with lower offers.
At the close of the market, Access Financial lost 34 cents to close at $21.50, with an exchange of 16,120 shares, AMG Packaging gained 1 cent in closing at $1.61, after 174,099 stock units crossed the exchange, Blue Power ended at $3.44, with gains of 37 cents trading 30 units. Caribbean Assurance Brokers rose 1 cent to $1.84, after trading 3,290 units, Caribbean Cream lost 36 cents to settle at $4.50, with 18,240 stock units changing hands, Caribbean Producers picked up 5 cents to close at $2.25, after a transfer of 8,713 shares. Derrimon Trading rose 2 cents to end at $2.50, in trading 197,856 stock units, Elite Diagnostic lost 8 cents to close at $3.06 and clearing the market with 38,600 shares, Express Catering gained 4 cents to settle at $3.19, with an exchange of 16,840 stock units.
Fontana shed 12 cents to end at $4.85, in transferring 230,602 shares, Fosrich gained 5 cents to close at $3.20, trading 5,350 units, General Accident shed 36 cents in closing at $6.14, with 44,300 shares passing through the market. Honey Bun shed 11 cents in closing at $4.74, in an exchange of 1,300 units, Indies Pharma lost 10 cents to finish at $2.75, with 4,000 units changing hands, Iron Rock Insurance slipped 1 cent to $2.50 in transferring 5,608 stock units. Jamaican Teas gained 10 cents to end at $4.99 trading 23,045 shares, Jetcon Corporation shed 9 cents to settle at 80 cents, with 68,521 shares passing through the market, Knutsford Express gained 16 cents to end at $6.90 trading 38,902 shares. Lasco Distributors fell 10 cents to $3.05, with investors switching ownership of 97,738 shares, Lasco Financial gained 2 cents to close at $2.09 with a transfer of 7,507 units, Lasco Manufacturing closed at $3.40, after gaining 3 ents trading 148,294 shares. Limners and Bards climbed 33 cents to $2.66, with 122,674 shares changing hands, Lumber Depot lost 6 cents to settle at $1.04, after the transferring of 82,337 shares, Mailpac Group lost 1 cent to close at $1.98, with investors switching ownership of 342,904 shares. Medical Disposables gained 58 cents to end at $4.83 in an exchange of 1,629 units, Stationery and Office Supplies picked up 1 cent to settle at $4.98 trading 700 units and Tropical Battery gained 6 cents in closing at $1.25, with 1,457,400 shares passing through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Seventy-five percent or 33 of listed stocks traded, compared to 35 on Thursday and ended with the prices of 15 stocks rising, 11 declining and seven closing with prices remaining unchanged.
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 three with lower offers.
GWest Corporation slipped 1 cent to finish at 90 cents with 13,939 units passing through the market, iCreate gained 10 cents to settle at 70 cents with investors switching ownership of 2,000 stock units, Indies Pharma advanced 17 cents to end at $2.85 with 371 units changing hands. Iron Rock Insurance added 1 cent to close at $2.51, with an exchange of 13,282 units, ISP Finance jumped $2.49 to finish at $18.50 trading 204 units, Jamaican Teas declined 11 cents to $4.89 with 88,260 shares traded. Jetcon Corporation increased 9 cents to end at 89 cents with investors transferring 9,000 stock units, Lumber Depot gained 6 cents to close at $1.10 with 128,808 shares changing hands, Mailpac Group rose 4 cents in an exchange of 251,531 stock units to settle at $1.99. Main Event advanced 70 cents to finish at $3.70, with 2,955 stocks passing through the market, Medical Disposables climbed 35 cents to end at $4.25 with 4,033 shares traded. Stationery and Office Supplies declined 3 cents to close at $4.97, with investors switching ownership of 1,598 stocks and Tropical Battery lost 4 cents to settle at $1.19 with 462,122 shares crossing the exchange.
Like Wednesday, trading ended with 35 securities changing hands on Thursday and concluded with 15 stocks rising, the prices of 15 declining and five with prices remaining unchanged.
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 five with lower offers.
Jetcon Corporation gained 2 cents to finish at 80 cents with investors switching ownership of 27,328 stock units, KLE Group declined 32 cents to close at a 52 weeks’ low of $1.10 with 9,000 units passing through the market, Knutsford Express jumped $1.03 to end at $6.74 with 7,833 units changing hands. Lasco Distributors advanced 14 cents to finish at $3.15 with an exchange of 44,587 units, Lasco Financial gained 2 cents to settle at $2.07 with 5,589 stocks traded, Lasco Manufacturing fell 8 cents to close at $3.37 with investors transferring 25,072 units. Limners and Bards dropped 17 cents to end at $2.33 with 95,783 stock units trading, Lumber Depot finished 1 cent higher at $1.04 with 275,023 units changing hands, Mailpac Group dipped 4 cents to settle at $1.95 with an exchange of 571,731 units. Medical Disposables shed 65 cents to close at $3.90 with investors switching ownership of 1,045 shares, SSL Venture rose 9 cents to end at 59 cents with 200 units changing hands, Stationery and Office Supplies advanced 15 cents to finish at $5 with 1,700 units passing through the market. Tropical Battery gained 3 cents, trading 1,139,241 shares to settle at $1.23 and tTech dropped 90 cents to close at $5.50 with 1,363 shares crossing the exchange.
At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows five stocks ending with bids higher than their last selling prices and three with lower offers.
Jetcon Corporation rose 9 cents to settle at 89 cents, clearing the market with 35,416 shares, Knutsford Express dipped 45 cents to $6.30, trading 10,004 stock units, Lasco Distributors shed 5 cents to close at $3.10 after crossing the market, with 441,987 shares. Lasco Financial lost 1 cent in closing at $2.07, with 36,683 stock units passing through the market, Lasco Manufacturing slipped 3 cents to $3.42, with 10,900 stock units crossing the exchange, Lumber Depot gained 3 cents in ending at $1.08 and exchanging 370,772 shares. Mailpac Group rose 1 cent to close at $1.99, with a transfer of 422,033 stocks, Main Event rose 49 cents to $3.74 in an exchange of 600 units, Medical Disposables gained 79 cents in closing at $4.30, with 20,154 stock units changing hands. Tropical Battery lost 3 cents to finish at $1.14, in trading 3,944,991 shares and tTech rose 90 cents to settle at $6.40 after exchanging 1,000 units.
The Investor’s Choice bid-offer indicator reading for the market shows six stocks ending with bids higher than their last selling prices and four with lower offers after one stock ended at a 52 weeks’ low.
Indies Pharma fell 23 cents to end at $2.66 with 16,033 shares changing hands, ISP Finance jumped $5.95 to finish at $25.95 with investors switching ownership of 8,022 shares, Jamaican Teas lost 13 cents to settle at $4.86 with 123,392 stock units traded. Jetcon Corporation lost 7 cents to close at 80 cents with 92,849 shares passing through the market, Knutsford Express fell 10 cents to end at $6.75 with an exchange of 1,780 stocks, following the release of results showing a loss in the first quarter, Lasco Distributors slipped 2 cents to $3.15 with 632 units changing hands. Lasco Financial increased 3 cents to $2.08 with investors transferring 258 stock units, Lasco Manufacturing declined by 13 cents to settle at $3.45 with 2,000 stocks passing through the market, Limners and Bards advanced 7 cents to close at $2.67 with an exchange of 35,992 units. Mailpac Group advanced 3 cents, trading 351,137 units to end at $1.98, Main Event dropped 15 cents to finish at $3.25 with 710 stocks changing hands, Medical Disposables shed $1.23 to settle at $3.51 with investors switching ownership of 13,330 units. Stationery and Office Supplies climbed 68 cents to close at $5.55 with 14,100 stock units traded and Tropical Battery rose 1 cent to finish at $1.17 with 379,495 shares crossing the exchange.
Trading ended with 30 securities changing hands versus 32 on Wednesday and ended with the prices of 18 stocks rising, the prices of seven declining and five with prices remaining unchanged.
At the close of the market, AMG Packaging lost 14 cents to settle at $1.86 after exchanging 11,664 shares, Blue Power climbed 40 cents to end at $3.46 with investors transferring 100 units, Caribbean Cream rose 1 cent to finish at $4.71 with 32,500 stocks passing through the market Caribbean Flavours shed 53 cents to close at $1.76 with the trading 879,378 stocks, Caribbean Producers gained 4 cents to settle at $2.20 with 100,000 shares changing hands, Derrimon Trading advanced 9 cents to end at $2.65 with an exchange of,5,000 stock units. Elite Diagnostic fell 9 cents to finish at $3.05 with investors switching ownership of 2,050 shares, Express Catering jumped 35 cents to $3.90 with 120 units passing through the market, Fontana dropped 30 cents to settle at $4.65 with 164,450 stock units traded. Fosrich advanced 19 cents to end at $3.39 with 300 stock units changing hands, Honey Bun rose 8 cents to finish at $4.89 with investors transferring 7,907 units, iCreate gained 6 cents to close at 72 cents with 42,657 shares passing through the market.
Jamaican Teas rose 8 cents, with an exchange of 318,487 shares to settle at $4.99 Jetcon Corporation ended 2 cents higher at 87 cents with 20,005 stock units changing hands, KLE Group advanced 6 cents to finish at $1.42 with 1,250 stocks traded. Knutsford Express jumped $1.05 to close at $6.85 with investors switching ownership of 11,579 units, Lasco Financial lost 4 cents to settle at $2.05 with 7,944 shares passing through the market, Lasco Manufacturing increased 22 cents to end at $3.58 with an exchange of 32,849 shares. Limners and Bards fell 9 cents to finish at $2.60 with 85,853 units changing hands, Lumber Depot rose 1 cent, trading 108,529 stocks to close at $1.05, Mailpac Group finished 1 cent higher at $1.95 with investors transferring 58,758 stock units. Main Event advanced 14 cents to settle at $3.40 with an exchange of 17,963 units, Medical Disposables climbed 44 cents to end at $4.74 with 23,588 stock units passing through the market and tTech jumped 50 cents to $5.50 with 1,000 stock units crossing the exchange.
For the month to date, the average trade resulted in an exchange of 373,067 units at $800,609, in comparison to 396,297 units at $835,223 on Monday. Trading in September resulted in an average of 119,171 units at $249,355.
Fosrich fell 24 cents to settle at $3.20 with investors switching ownership of 3,054 stock units, General Accident dropped 29 cents to finish at $6.40 with 5,490 shares traded, GWest Corporation shed 3 cents to close at 71 cents with 12,297 stock units passing through the market. Honey Bun slipped 1 cent to $4.89 with 5,370 stocks changing hands, Indies Pharma lost 5 cents to end at $2.70 with 68,155 units traded, ISP Finance jumped $4.90 to $20 with an exchange of 1,000 units. Jetcon Corporation gained 6 cents to settle at 85 cents with investors switching ownership of 20,000 shares, Knutsford Express shed 39 cents to close at $6.49 with 430 stocks passing through the market, Lasco Distributors advanced 5 cents to end at $3.13 with 267,231 units changing hands. Lasco Financial fell 5 cents to settle at $2.05, with an exchange of 72,340 shares, Limners and Bards declined by 5 cents to finish at $2.60 with investors transferring 200,615 shares, Lumber Depot lost 8 cents to close at $1 with 92,152 stock units passing through the market. Mailpac Group rose 1 cent and traded 1,305,104 stock units to end at $1.95, Main Event dropped 49 cents to settle at $3.25 with 5,044 stock units changing hands and Stationery and Office Supplies gained 2 cents to finish at $4.87 with 8,911 shares crossing the exchange.
At the close of the market, AMG Packaging added 6 cents to finish at $1.86, with a transfer of 100 units, Blue Power rose 35 cents to $3.55 in trading 17,596 stock units, Caribbean Assurance Brokers lost 4 cents to settle at $1.95, with 750 units passing through the market. Caribbean Flavours gained 42 cents to end at a 52 weeks’ high of $2.38, with investors transferring 90,527 stocks, after the ten to one stock split took effect, Elite Diagnostic lost 5 cents to finish at $3.10, in exchanging 500,110 shares, Express Catering gained 38 cents to close at $3.98 with 6,500 units passing through the market. Fontana ended 5 cents lower at $4.95 in trading 98,829 shares, Fosrich lost 10 cents to finish at $3.44, with a transfer of 1,001 units, GWest Corporation lost 6 cents to settle at 74 cents, with an exchange of 10,052 stock units. Honey Bun gained 1 cent to close at $4.90 with 16,065 stock units changing hands, iCreate slipped 6 cents to 66 cents with 3,000 units passing through the market, Indies Pharma ended at $2.75, after losing 14 cents trading 7,350 units.
Jamaican Teas gained 1 cent, with an exchange of 194,095 shares to finish at $5, Lasco Distributors closed 5 cents lower at $3.08, with 325 units changing hands, Lasco Financial gained 5 cents to close at $2.10, after a transfer of 16,712 stock units. Lasco Manufacturing slid 14 cents to end at $3.36, in trading 84,408 shares, Limners and Bards lost 2 cents to end at $2.65 after exchanging 204,682 shares, Mailpac lost 1 cent to close at $1.94 with 267,482 stock units changing hands, Main Event rose 49 cents to $3.74, with 2,266 units passing through the market. Medical Disposables gained 5 cents to close at $4.55, in exchanging 5,000 units, SSL Venture Capital lost 10 cents trading 2,382 units to close at 50 cents, Stationery and Office Supplies slid 75 cents to $4.85, with investors switching ownership of 2,000 units. Tropical Battery added 1 cent in trading 793,822 shares to settle at $1.10 and tTech dropped $1.40 to end at $5, with 1,600 units crossing the exchange.
Trading ended with 35 securities changing hands compared to 33 on Thursday and ended with 13 stocks rising, the prices of 10 declining and 12 with prices remaining unchanged.
The Investor’s Choice bid-offer indicator reading for the market shows three stocks ended with bids higher than their last selling prices and three with lower offers.
iCreate slipped 1 cent to 72 cents with 38,675 units passing through the market, Indies Pharma gained 14 cents to end at $2.89 with 762,551 shares changing hands, Jamaican Teas fell by 26 cents, with an exchange of 2,445,271 shares to finish at $4.99. Knutsford Express increased 38 cents to $6.88 with investors switching ownership of 488,661 stocks, Lasco Distributors advanced 11 cents to settle at $3.13 with 132,100 stocks changing hands, Lasco Manufacturing added 1 cent to end at $3.50 after trading 3,137 shares. Mailpac Group slipped 2 cents to $1.95 with 192,409 units passing through the market, Main Event shed 50 cents to finish at $3.25 with 4,035 units changing hands, Medical Disposables dropped 5 cents to close at $4.50 with an exchange 2,000 units. Tropical Battery gained 1 cent in trading 876,254 shares to settle at $1.09 and tTech jumped 65 cents to end at $6.40 with 865 shares crossing the exchange.
Trading ended with 33 securities changing hands compared to 35 on Wednesday and concluded with the prices of 13 stocks rising, the prices of 13 stocks declining and seven with prices remaining unchanged.
Trading in September resulted in an average of 119,171 units at $249,355.
Honey Bun fell 9 cents to settle at $4.80, trading 11,919 stocks, Indies Pharma advanced 11 cents to finish at $2.75 with 47,373 shares passing through the market, Jamaican Teas gained 5 cents to close at $5.25 with an exchange of 62,682 shares. Jetcon Corporation lost 12 cents to end at 79 cents in trading 144,350 units, KLE Group finished 6 cents higher at $1.42 after trading 698 stocks, Knutsford Express jumped $1 to $6.50 in the transfer of 625 shares. Lasco Distributors declined 10 cents to $3.02 with 45,412 stocks passing through the market, Lasco Financial slipped 5 cents to $2.05 with an exchange of 2,300 stocks, Lasco Manufacturing rose 9 cents to $3.49 with 62,452 shares changing hands. Limners and Bards increased 2 cents to finish at $2.67, in switching the ownership of 46,717, Lumber Depot dipped 1 cent, trading 1,170,743 shares to close at $1.08, Mailpac Group lost 1 cent to settle at $1.97 with 270,145 stocks passing through the market. Main Event jumped 50 cents to end at $3.75 with an exchange of 5,125 stock units, Medical Disposables dropped 5 cents to finish at $4.55 with 7,000 stocks changing hands, SSL Venture gained 4 cents to settle at 60 cents with 82,319 stocks traded. Tropical Battery rose 3 cents after trading 2,656,928 stock units to close at $1.08 and tTech lost 25 cents to end at $5.75 with 14,081 shares crossing the exchange.