Junior Market closes higher on Friday

The majority of stocks rose on the Junior Market of the Jamaica Stock Exchange on Friday, with the market index rising as investors traded 30 percent fewer shares with a value that was 57 percent lower than on Thursday even after Jamaican Teas, three for one stock split took effect at the start of trading and resulted in over 2.11 billion units in issue.

Jamaican Teas stock traded at a new price after a 3 for 1 stock split took effect on the Junior Market on Friday

Trading ended with 35 securities changing hands compared to 32 on Thursday and ended with the prices of 17 stocks rising, the prices of nine declining and nine remaining unchanged.
At the close, the Junior Market Index gained 26.08 points to settle at 2,513.83. The average PE Ratio ended at 12.4 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with 3,342,645 shares trading at $8,216,185 versus 4,782,100 units at $19,328,148 on Thursday.
Derrimon Trading led trading with 23 percent of total volume with a transfer of 768,451 shares, followed by Lumber Depot with 15.2 percent of the day’s trade with an exchange of 508,099 units and Jamaican Teas with 15 percent market share or 502,383 units.
Trading ended with an average of 95,504 units at $234,748 in contrast to 149,441 at $604,005 on Thursday. For the month to date, the average trade is 187,110 units at $553,030, compared to 192,183 units at $570,657 on Thursday. October ended with an average of 230,868 units at  $535,509 trading.
Investor’s Choice bid-offer indicator reading for the market shows four stocks ended with bids higher than their last selling prices and three with lower offers.
At the close of the market, AccessFinancial gained 10 cents to finish at $22 with 5,000 shares changing hands,  AMG Packaging lost 5 cents to settle at $1.55 with an exchange of 2,735 stock units, Caribbean Cream advanced 28 cents to end at $4.13 with a transfer of 50 shares. Caribbean Producers climbed 23 cents to close at $2.63 with 145,795 units traded, Consolidated Bakeries increased 20 cents to $1.22 with 3,582 stocks changing hands, Derrimon Trading exchanged 768,451 shares and fell 10 cents to $2.40.Dolphin Cove gained 24 cents to end at $6.25 with 965 units changing hands, Elite Diagnostic rose 2 cents to $3.02 with investors swapping 99,756 stocks, Everything Fresh lost 10 cents to finish at 66 cents with 2,394 shares traded. Express Catering jumped 44 cents to $3.80 with 10,590 stock units passing through the market, Fontana dropped 30 cents to $5 with an exchange of 260,252 units, Fosrich increased 6 cents to $4.07 with 27,449 shares changing hands. GWest Corporation slipped 4 cents to 69 cents with 2,242 stocks changing hands, Honey Bun rose 3 cents to $4.83, trading 12,684 shares, iCreate rose 4 cents to 65 cents with 75,897 units passing through the market. ISP Finance surged $6.39 to $22.50 with 2,270 stocks changing hands, after a three for one stock split, Jamaican Teas exchanged 502,383 shares and added 9 cents to settle at a post-split price of $2.05, Jetcon Corporation rose 5 cents to 75 cents with the transfer of 5,539 units. Lasco Financial rose 20 cents to close at $2.60 with 40,000 shares crossing the exchange, Lasco Manufacturing declined 10 cents to $3.80 with the trading of 5,375 stocks, Limners and Bards gained 5 cents to settle at $2.50 and switching ownership of 31,000 units. Lumber Depot traded 508,099 shares and lost 7 cents to end at $1.21, Medical Disposables jumped 42 cents to close at $4.35 with 4,000 stocks crossing the market, Stationery and Office Supplies gained 5 cents to finish at $4.55 with 8,958 units changing hands. Tropical Battery slipped 6 cents to $1.10 with 256,976 stocks traded and tTech shed 30 cents to $4.60 with 74,427 shares crossing the exchange.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Rising & falling Junior Market stocks even

Rising stocks equaled declining ones and helped move the market index of Jamaica Stock Exchange Junior Market up at the close on Thursday after trading 32 percent fewer shares with a 17 percent fall in value compared to Wednesday.
Trading ended with shares of 32 companies changing hands compared to 38 on Wednesday with an equal number of 15 stocks rising and declining, with two remaining unchanged.
At the close, the Junior Market Index rose 28.32 points to settle at 2,487.75 after trading over the 2,500 points mark in the morning session. The average PE Ratio ended at 12.5 based on ICInsider.com’s forecast of 2020-21 earnings.
Trading closed with 4,782,100 shares for $19,328,148 versus 7,027,159 units at  $23,247,610 on Wednesday. Fontana led trading with 31.4 percent of the volume in exchanging 1.50 million shares, followed by Jamaican Teas with 21.8 percent for 1.04 million units and Mailpac Group with 18.3 percent after trading 875,012 shares.
Trading averaged 149,441 units at $604,005 in contrast to 184,925 at $611,779 on Wednesday. For the month to date, the average trade is 192,183 units at $570,657, compared to 194,462 units at $568,878 on Wednesday. October averaged 230,868 units at $535,509.
Investor’s Choice bid-offer indicator reading shows five stocks ending with bids higher than their last selling prices and one with lower offers.
At the close of the market, Access Financial rose $1.35 to $21.90, trading 1,310 shares, AMG Packaging picked up 1 cent in closing at $1.60 trading 1,633 units, Blue Power lost 25 cents to end at $3.25 after exchanging 9,600 stock units. Cargo Handlers finished at $6.36, with gains of 6 cents as investors swapped 28,838 shares, Caribbean Assurance Brokers closed 15 cents higher at $1.90, in exchanging 2,906 units, Caribbean Cream gained 4 cents to settle at $3.85 trading 10,100 stock units. Caribbean Flavours lost 3 cents in ending at $1.67 with 113,000 shares passing through the market, Caribbean Producers fell 9 cents to $2.40 in clearing the market with 5,000 shares, Derrimon Trading gained 12 cents to end at $2.50 after the transferring of 3,700 units. Dolphin Cove rose 33 cents to $6.01, in clearing the market with 72,795 shares, Elite Diagnostic shed 10 cents to settle at $3, with 40,612 units passing through the market, Everything Fresh gained 13 cents to end at 76 cents, with an exchange of 26,898 stock units. Express Catering picked up 5 cents to end at $3.36, in trading 54,089 shares, Fontana lost 8 cents to close at $5.30 exchanging 1,502,184 shares, Fosrich gained 1 cent to end at $4.01, with 5,000 units crossing the exchange. General Accident slipped 5 cents to $6.15 with 38,796 stock units changing hands, GWest Corporation fell 3 cents to 73 cents trading 2,364 units, Honey Bun fell 5 cents to $4.80, with the transferring of 23,100 stock units. iCreate gained 2 cents to close at 61 cents, after exchanging 54,756 shares, Indies Pharma closed 1 cent higher at $2.51, in an exchange of 110,000 stocks, Jamaican Teas shed 70 cents to settle at $6, with investors switching ownership of 1,044,488 shares ahead of Friday’s three for one stock split. Jetcon Corporation lost 13 cents to end at 70 cents, in transferring 123,927 shares, Knutsford Express shed 70 cents in closing at $6, after crossing the market with 113,924 stock units, Lasco Distributors gained 14 cents to close at $3.29, with investors swapping 15,019 shares. Lasco Financial dropped 24 cents to $2.40, trading 9,350 units, Lasco Manufacturing rose 40 cents to $3.90, in exchanging 18,125 stock units, Lumber Depot lost 1 cent in closing at $1.28, with the switching of 388,704 shares. Mailpac Group fell 4 cents to $2.14, after exchanging 875,012 shares, Main Event shed 37 cents to close at $3.03, with 10,000 units changing hands and Tropical Battery gained 4 cents to end at $1.16, in clearing the market with 20,772 stock units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Junior Market tumbles on Wednesday

The market index rose to more than 2,556 points within an hour of trading on Wednesday but selling drove the Junior Market of the Jamaica Stock Exchange down at the close, with the market index dropping nearly 100 points from the day’s peak to finish with a loss for the day of 70.49 points to settle at 2,459.43.
Trading ended with more stocks declining than rising after an exchange of 33 percent more shares than on Tuesday. The market closed with 38 securities changing hands compared to 33 on Tuesday and closed with the prices of 15 stocks rising, 17 declining and six remaining unchanged. The average PE Ratio ends at 12.5 based on ICInsider.com’s forecast of 2020-21 earnings.
The market saw an exchange of 7,027,159 shares for  $23,247,610 compared to 5,272,918 units at $15,658,293 on Tuesday.
Fosrich led trading with 34.2 percent of total volume with an exchange of 2.4 million shares, followed by  Jamaican Teas with 13.9 percent after a transfer of 976,355 units and Tropical Battery with 9.6 percent market share for 675,760 stock units.
Trading ended with an average of 184,925 units at $611,779 compared to 159,785 at $474,494 on Tuesday. The month to date average trade is 194,462 units at $568,878, compared to 195,107
units at $565,977 on Tuesday. October averaged trade was 230,868 units at $535,509.
Investor’s Choice bid-offer indicator reading for the market shows seven stocks ended with bids higher than their last selling prices and three with lower offers.
At the close of the market, Access Financial advanced 45 cents to $20.55 with an exchange of 6,753 shares, AMG Packaging slipped 1 cent to $1.59 with 71,448 stocks changing hands, Blue Power declined by 9 cents to $3.50 with 50 units traded. CAC 2000 jumped 80 cents to close at $10 with 1,000 stocks passing through the market, Cargo Handlers dropped 65 cents to $6.30 transferring 5,444 shares, Caribbean Assurance Brokers declined 15 cents to $1.75 with switching ownership of 43,718 units. Caribbean Cream declined by 19 cents in exchanging 93,302 stocks to finish at $3.81, Caribbean Producers gained 17 cents to close at $2.49 with 227,116 shares changing hands, Derrimon Trading lost 2 cents to settle at $2.38 with 20,761 units passing through the market. Dolphin Cove advanced 18 cents trading 2,368 stocks to end at $5.68, Elite Diagnostic dropped 20 cents to $3.10 in transferring 29,120 shares, Everything Fresh declined by 10 cents to 63 cents, in switching ownership of 165,878 units. Express Catering shed 67 cents to settle at $3.31 with an exchange of 89,040 stocks, Fontana climbed 30 cents to end at $5.38 with 149,049 units changing hands, General Accident gained 10 cents to finish at $6.20 with 62,300 shares traded. GWest Corporation rose 11 cents to close at 76 cents with 34,793 stocks passing through the market, iCreate lost 3 cents to settle at 59 cents with a transfer of 59,812 units, Indies Pharma increased 7 cents to $2.50, trading 89,073 shares. Iron Rock Insurance dropped 20 cents to finish at $2.80 with 31,000 stocks changing hands, Jamaican Teas exchanged 976,355 shares and climbed 20 cents to close at $6.70, Jetcon Corporation slipped 1 cent to 83 cents with 170,553 units passing through the market. Knutsford Express rose 5 cents to $6.70 with 1,000 shares traded, Lasco Financial gained 4 cents to end at $2.64 with a transfer of 10,000 stocks, Lasco Manufacturing fell 35 cents to $3.50 with investors switching ownership of 511,000 units.

Lumber Depot increased 8 cents to $1.29 with an exchange of 22,500 stocks, Mailpac Group rose 2 cents to $2.18 with 325,265 units changing hands, Medical Disposables dropped 27 cents to $3.93 with 33,581 shares traded. Paramount Trading increased by 2 cents to $1.32 with 30,000 stocks passing through the market, SSL Venture fell 1 cent to 57 cents with a transfer of  6,800 units, Stationery and Office Supplies slipped 5 cents to $4.50 with investors switching ownership of 25,843 shares. Tropical Battery exchanged 675,760 units and declined by 7 cents to $1.12 and tTech gained 3 cents to finish at $4.90 with 2,665 stocks crossing the exchange.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Junior Market slips up

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Early morning trading pushed the index above Monday’s close for the Jamaica Stock Exchange Junior Market on Tuesday to 2,556.57, but the market failed to hold on to the gains and closed the day with a modest fall after more stocks declined than rose, with 12 percent fewer shares traded than Monday.
Trading ended with 33 securities changing hands compared to 37 on Monday and closed with the prices of 11 stocks rising, 14 declining and eight remaining unchanged. Dolphin Cove closed at a 52 weeks’ low of $5.50.
At the close, the Junior Market Index shed 11.88 points to settle at 2,529.92. The average PE Ratio ended at 12.6 based on ICInsider.com’s forecast of 2020-21 earnings.
Trading ended with an exchange of 5,272,918 shares for $15,658,293 compared to 5,999,938 units at $21,980,840 on Monday. Lasco Financial led trading with 38.7 percent of total volume for 2.04 million shares, followed by Mailpac Group with 20.3 percent after an exchange of 1.07 million and Jamaican Teas with 9.1 percent market share for 482,354 units.
Trading averaged of 159,785 units at $474,494 in contrast to 162,160 at $594,077 on Monday. Trading month to date, averaged 195,107 units at $565,977 compared to 197,311 units at $571,684 on Monday. Trading in October averaged 230,868 units at $535,509.
Investor’s Choice bid-offer indicator reading shows five stocks ending with bids higher than their last selling prices and none with lower offers.
At the close of the market, Access Financial dropped $1.60 to $20.10 after trading 8,243 shares, AMG Packaging gained 5 cents to settle at $1.60, with 24,839 stock units changing hands, Cargo Handlers lost 65 cents to close at $6.95, trading 110 units. Caribbean Assurance Brokers gained 24 cents to end at $1.90, with the switching ownership of 7,667 units, Caribbean Cream rose 6 cents to $4, after exchanging 137,172 shares, Caribbean Flavours picked up 13 cents to close at $1.70, in exchanging 96,197 shares. Caribbean Producers lost 3 cents to finish at $2.32, with an exchange of 216 units, Dolphin Cove dropped $1.40 to a 52 weeks’ low of $5.50, after trading 47,147 shares, Everything Fresh lost 5 cents to end at 73 cents with 686 units passing through the market. Express Catering gained 24 cents to close at $3.98, in trading 5,010 units, Fontana gained 8 cents and closed at $5.08, in the transfer of 292,599 shares, Fosrich fell 49 cents to $4 after exchanging 75,552 shares. General Accident lost 10 cents in closing at $6.10, with 27,042 stock units crossing the market, GWest Corporation fell 12 cents to 65 cents, trading 10,000   units, Indies Pharma lost 8 cents in closing at $2.43 and finishing with 13,100 units changing hands.

ISP Finance gained 11 cents to end at $16.11, after crossing the market with 22,879 stock units, Jamaican Teas shed 35 cents to close at $6.50, in the trading of 482,354 shares, Knutsford Express advanced 94 cents to $6.65, in exchanging 100 units. Lasco Distributors picked up 1 cent to end at $3.15, in the transferring of 14,129 stock units, Lasco Manufacturing gained 9 cents ending at $3.85, with 10,229 stock units passing through the market, Lumber Depot lost 8 cents to close at $1.21 after exchanging 235,357 shares. Mailpac Group ended 1 cent lower at $2.16 trading 1,071,273 shares, Paramount Trading fell 5 cents to settle at $1.30, with an exchange of 29,900 stock units, Tropical Battery gained 3 cents to close at $1.19, in crossing the market with 176,737 shares and tTech fell 8 cents to $4.87, with 50 units changing hands.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Modest gains for Junior Market – Monday

Rising stocks edged out declining ones in trading on the Junior Market of the Jamaica Stock Exchange on Monday, leading the market close with a moderate gain in the index, with 24 percent more shares exchanged than on Friday.
Trading ended with 37 companies changing hands compared to 31 on Friday and concluded with the prices of 17 stocks rising, prices of 16 falling and four with prices ending unchanged.
The Junior Market Index gained 4.51 points to settle at 2,541.80. The average PE Ratio ends at 12.9 based on ICInsider.com’s forecast of 2020-21 earnings.
Traders exchanged 5,999,938 shares for $21,980,840 compared to 4,844,204 units at $20,370,620 on Friday.
Jamaican Teas led trading with 32 percent of total volume for 1.92 million shares, with continued increased interest in the stock, ahead of a three to one stock split that takes effect on Friday. Derrimon Trading ended with 19.2 percent of total volume, trading 1.15 million units and Mailpac Group ended with 8.9 percent exchanging of 531,308 units.
Trading averaged 162,160 units at $594,077 in contrast to 156,265 at $657,117 on Friday. For the month to date, the average trade resulted in an exchange of 197,311 units at $571,684, compared to 199,954 units at $570,000 on Friday. October ended averaged 230,868 units at $535,509.
The Investor’s Choice bid-offer indicator shows seven stocks ended with bids higher than their last selling prices and four with lower offers.
At the close of the market, Access Financial dropped 30 cents to $21.70 in an exchange of 354 shares, AMG Packaging advanced 6 cents to $1.55 trading 2,897 stocks, Blue Power gained 9 cents to settle at $3.59 with 204 units changing hands. Caribbean Assurance Brokers fell 19 cents and traded 3,629 shares to close at $1.66, Caribbean Cream lost 15 cents to finish at $3.94 with 38,661 stocks passing through the market, Caribbean Flavours declined by 13 cents to $1.57 with the transfer of 62,849 units. Caribbean Producers added 1 cent and ended at $2.35 with an exchange of 210,351 shares, Consolidated Bakeries shed 36 cents to settle at $1.02, switching ownership of 4,600 stocks, Dolphin Cove climbed 35 cents to finish at $6.90 with 2,800 units changing hands. Elite Diagnostic advanced 20 cents and traded 35,279 shares to end at $3.30, Everything Fresh increased by 5 cents to settle at 78 cents with 6,209 stocks passing through the market, Express Catering gained 19 cents to close at $3.74 with a transfer of 66,419 units. Fontana dropped 25 cents in an exchange of 155,964 shares to finish at $5, Fosrich jumped 50 cents to end at $4.49 with investors switching 200,348 stocks, General Accident fell 25 cents to $6.20, with 39,893 shares changing hands. GWest Corporation gained 7 cents, trading 291,760 units to close at 77 cents, iCreate gained 2 cents to finish at 62 cents with 30,000 stocks passing through the market, ISP Finance shed $5 to end at $16 with a transfer of 2,050 shares. Jamaican Teas traded 1,920,968 units and climbed 15 cents to $6.85, Jetcon Corporation increased by 9 cents to close at 84 cents with an exchange of 1,200 stocks, Knutsford Express dropped 29 cents to $5.71 with 5,815 shares changing hands. Lasco Distributors slipped 1 cent to $3.14 with 67,815 units traded, Lasco Financial lost 6 cents to end at $2.60 with 8,200 stock units passing through the market, Lasco Manufacturing declined 3 cents to $3.76 with investors switching ownership of 15,273 shares. Limners and Bards fell 14 cents to $2.45 with an exchange of 265,595 units, Lumber Depot gained 9 cents to finish at $1.29 with 500,326 stock units changing hands, Mailpac Group traded 531,308 shares and rose 2 cents to end at $2.17. Main Event advanced 41 cents to $3.40 with 3,800 units changing owners, Medical Disposables declined 10 cents to $4.20 with a transfer of 10,664 stock units, SSL Venture gained 5 cents to finish at 58 cents with an exchange of 900 shares. Stationery and Office Supplies increased by 5 cents to $4.55 with 4,244 stock units changing hands, Tropical Battery lost 4 cents to settle at $1.16 with investors switching ownership of 218,622 stocks and tTech dropped 5 cents to close at $4.95 with 550 shares changing hands.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Modest gains eked out by Junior Market

Junior Market stocks rose to 2,580.21 within an hour of trading opening at the Jamaica Stock Exchange on Friday, but the market retreated and closed with a modest gain after more stocks declined than rose as investors traded 44 percent more shares than on Thursday.
The Market Index gained 4.03 points to settle at 2,537.29 and the market closed with an average PE Ratio of 12.6 based on ICInsider.com’s forecast of 2020-21 earnings.
Trading closed with 31 securities changing hands compared to 32 on Thursday, ending with the prices of nine stocks rising, 13 declining and nine remaining unchanged.
Trading ended with an exchange of 4,844,204 shares for $20,370,620 versus 3,353,944 units at $7,247,408 on Thursday.
Jamaican Teas led trading with 56 percent of total volume in an exchange of 2.72 million shares, followed by Jetcon Corporation with 14.6 percent with a transfer of 706,934 units and AMG Packaging with 13.9 percent for 671,366 shares.
Trading ended with an average of 156,265 units at $657,117 in contrast to 104,811 at $226,481 on Thursday. For the month to date, the average trade resulted in an exchange of 199,954 units at $570,000, compared to 202,892 units at $564,142 on Thursday. October averaged 230,868 units at $535,509.
The Investor’s Choice bid-offer indicator reading shows seven stocks ended with bids higher than their last selling prices and three with lower offers.
At the market close, AMG Packaging traded 671,366 shares and fell 5 cents to end at $1.49, Blue Power advanced 20 cents to finish at $3.50 with 395 stock units changing hands, CAC 2000 climbed 20 cents to settle at $9.20 with 525 stocks traded. Cargo Handlers jumped $1.26 to close at  $7.60 with a solitary unit passing through the market, Caribbean Cream rose 2 cents to end at $4.09 with investor switching ownership of 87 shares, Caribbean Flavours dropped 11 cents to finish at $1.70 with an exchange of 51,052 stocks. Derrimon Trading declined 10 cents to $2.40 with 60,830 units changing hands, Dolphin Cove jumped 55 cents to $6.55 with 1,800 shares traded, Express Catering fell 21 cents to $3.55 with 11,096 stock units passing through the market. Fontana lost 5 cents to finish at $5.25 with a transfer of 62,257  units, General Accident slipped 3 cents to $6.45 with 1,000 shares changing hands, Indies Pharma shed 24 cents to close at $2.51 with switching the ownership of 142,000 stocks. Jamaican Teas exchanged 2,715,159 units and advanced 55 cents to end at $6.70, Jetcon Corporation gained 5 cents trading 706,934 shares to finish at 75 cents, Knutsford Express slid 3 cents to $6 with 2,188 units passing through the market. Lasco Financial rose 1 cent to close at $2.66 with a transfer of 500 stock units, Lumber Depot declined by 5 cents to $1.20 with an exchange of 17,571 shares, Mailpac Group lost 2 cents to finish at $2.15 with 70,344 stock units changing hands.  Main Event dropped 50 cents to $2.99 with 4,893 shares traded, Medical Disposables fell 10 cents to close at $4.30 with 12,009 shares passing through the market, Stationery and Office Supplies advanced 20 cents to end at $4.50, with the ownership of 1,000 shares switching and tTech shed 65 cents to finish at $5 with 69,629 units crossing the exchange.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Junior Market slips on Thursday

Rising stocks price were equal to declining stocks at the close of trading on the Junior Market of the Jamaica Stock Exchange, with the market slipping for a second consecutive day and resulted in the Market Index falling 8.55 points to settle at 2,533.26.
Trading ended with 32 securities changing hands compared to 34 on Wednesday and concluded with the prices of 11 stocks rising, 11 declining and 10 remaining unchanged. At the close, the average PE Ratio ended at 12.7 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with 17 percent more shares trading than on Wednesday after 3,353,944 shares changed hands for  $7,247,408, 21 percent higher than the $5,973,152 allowing for the trading of 2,855,958 units on Wednesday. Jetcon Corporation led trading with 38.9 percent of total volume with 1.31 million shares, followed by Tropical Battery with 17.5 percent of the day’s trade with a transfer of 588,526 units and Mailpac Group with 13.3 percent market share or 446,042 units.
Trading ended with an average of 104,811 units at $226,481 in contrast to 83,999 at $175,677 on Wednesday. For the month to date, the average trade resulted in an exchange of 202,892 units at $564,142, compared to 210,208 units at $589,328 on Wednesday. October averaged 230,868 units at $535,509 for each traded security.
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.
At the close of the market, Access Financial gained 10 cents to end at $22 with an exchange of 2,998 shares, AMG Packaging lost 6 cents to finish at $1.54 with the trading of 21,524 units, Blue Power fell 16 cents to $3.30 and swpped 504 shares. Caribbean Assurance Brokers rose 4 cents to close at $1.85 with investors switching ownership of 1,000 stocks, Caribbean Flavours gained 10 cents to end at $1.81 with 59,500 units changing hands, Caribbean Producers slipped 2 cents and exchanged 4,500 shares to finish at $2.34. Elite Diagnostic declined 1 cent to $3.10 with 15,000 stocks passing through the market, Everything Fresh increased by 3 cents to 73 cents trading 22,181 shares, Express Catering rose 2 cents to $3.76  with a transfer of 450 units. Fontana advanced 10 cents to finish at $5.30 with 65,496 stocks changing hands, Fosrich gained 6 cents to settle at $3.99 with an exchange of 17,225 units, Indies Pharma climbed 15 cents to close at $2.75 with 7,016 shares passing through the market. Jamaican Teas lost 20 cents to end at $6.15 with 275,731 units traded, Knutsford Express shed 67 cents to finish at $6.03 with investors switching ownership of 17,304 stocks, Lasco Distributors fell 14 cents to $3.15 with 5,000 units changing hands. Lasco Manufacturing lost 2 cents and traded 47,576 shares to close at $3.79, Limners and Bards advanced 11 cents to $2.59 with a transfer of 17,900 stocks, Lumber Depot gained 8 cents to finish at $1.25 with 4,477 shares changing hands. Mailpac Group exchanged 446,042 units and slipped 1 cent to settle at $2.17, Main Event jumped 50 cents to close at $3.49 with a mere 331 shares passing through the market and Medical Disposables lost 10 cents to end at $4.40 with 1,316 stocks crossing the exchange.
In the preference segment, CAC 2000 9.5% fell 15 cents to settle at 99 cents with 24,902 units changing hands.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Slippage for Junior market

Falling stock prices beat out rising ones at the close of the Junior Market of the Jamaica Stock Exchange closed on Wednesday with the market index declining 19.66 to 2,541.81 after 37 percent fewer shares were exchanged, with 52 percent lower value compared to Tuesday.
Trading ended with 34 securities changing hands compared to 30 on Tuesday and closed with the prices of 12 stocks rising, 16 declining and six remaining unchanged.
The Junior Market closed with an average PE Ratio of 12.7 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 2,855,958 shares for $5,973,002 compared to 4,533,956 units at $12,319,152 on Tuesday. Mailpac Group led trading with 16.3 percent of total volume after trading 466,426, followed by Jetcon Corporation with 16 percent for 457,555 units and Caribbean Flavours with 14.5 percent market share for 413,643 units.
Trading ended with an average of 83,999 units at $175,677 in contrast to 151,132 at $410,638 on Tuesday. For the month to date, the average trade resulted in an exchange of 210,207 units at $589,328, compared to 221,072 units at $624,934 on Tuesday. October closed, with an average of 230,868 units at $535,509.
At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows six stocks ending with bids higher than their last selling prices and two with lower offers.
At the close of the market, Access Financial rose $1.88 to close at $21.90, with just 22 shares changing hands, Cargo Handlers gained 4 cents to settle at $6.34, after an exchange of 45,000 stocks, Caribbean Cream lost 6 cents to end at $4.07, switching ownership of 350 units. Caribbean Flavours closed at $1.71, after losing 11 with the trading of 413,643 shares, Caribbean Producers picked up 2 cents in closing at $2.36, in exchanging 2,785 stock units, Consolidated Bakeries lost 8 cents in ending at $1.38 and trading 1,082 units. Derrimon Trading lost 20 cents to close at $2.50, with an exchange of 1,903 stock units, Elite Diagnostic gained 1 cent to end at $3.11 after a transfer of 20,500 stocks, Everything Fresh lost 1 cent to settle at 70 cents, in trading 33,136 shares. Fontana closed 19 cents lower at $5.20, after 47,359 stock units crossed the exchange, Fosrich rose 23 cents to $3.93, in a transfer of 33,540 shares, Honey Bun gained 5 cents in closing at $4.85, after trading 51,403 stock units. Indies Pharma lost 22 cents to settle at $2.60, with 76,509 shares changing hands, Iron Rock Insurance shed 21 cents to end at $3, in exchanging 20,492 units. Jamaican Teas rose 35 cents $6.35, in switching ownership of 123,595 shares. Jetcon Corporation fell 15 cents to end at 70 cents, with 457,555 shares crossing the exchange, Knutsford Express carved out a loss of 10 cents in closing at $6.70 after 50,003 shares changed hands, Lasco Financial gained 1 cent to end at $2.65 trading 1,575 units. Lasco Manufacturing declined 18 cents to $3.81 and finishing with a transfer of 10,000 stock units, Limners and Bards picked up 2 cents to close at $2.48, with an exchange of 190,264 shares. Lumber Depot gained 2 cents to end at $1.17, in trading 196,219 stock units. Mailpac Group lost 2 cents to close at $2.18, clearing the market with 466,426 units, Medical Disposables shed 17 cents to settle at $4.50, with 246 stocks changing hands, Paramount Trading lost 14 cents to close at $1.35, after an exchange of 49,855 shares. SSL Venture settled at 53 cents, with a loss of 2 cents trading 21,532 stock units, Tropical Battery lost 1 cent to end at $1.20, in crossing the exchange with 341,083 shares and tTech carved out a gain of 20 cents to settle at $5.65, after trading 4,234 units.
In the preference share segment of the market, CAC 2000 9.5% gained 18 cents to end at $1.14,  with investors swapping 4,369 units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Six weeks high for Junior Market

Junior Market stocks hit their highest point since the second day of October and August 26th when the market index gained 21.49 points to close on Tuesday at 2,561.47, just slightly lower than the 2,564.59 points closing high in July and 2,567.42 at the October high.  
Trading concluded on Tuesday with the market rising after more stocks rose than fell as investors exchanged nine percent more shares than on Monday. The market closed with 30 securities changing hands down from 35 on Monday and ended with the prices of 14 stocks rising, eight declining and eight closed unchanged. The average PE Ratio ended at 12.9 based on ICInsider.com’s forecast of 2020-21 earnings.
Investors exchanged 4,533,956 shares for $12,319,152 compared to 4,145,851 units at $14,021,504 on Monday. Mailpac Group led trading with 28 percent of total volume with 1.27 million shares, followed by Lumber Depot with 21.1 percent for 956,492 units and Lasco Distributors with 14.1 percent or 641,535 shares.
The average trade ended with at 151,132 units at $410,638 in contrast to 118,453 at $400,614 on Monday. For the month to date, the average trade ended with 221,072 units at $624,934, versus 226,820 units at $642,547 on Monday. October ended with an average of 230,868 units at $535,509 trading.
At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows six stocks ended with bids higher than their last selling prices and four with lower offers.
At the close of the market, AMG Packaging gained 6 cents to end at $1.60 with 100 shares traded, Cargo Handlers dropped $1.30 to settle at $6.30 with an exchange of 11,410 stock units, Caribbean Assurance Brokers slipped 1 cent to $1.81 with 124 shares changing hands. Caribbean Flavours increased by 5 cents to close at $1.82 with 55,554 securities changing hands, Caribbean Producers dipped 1 cent to $2.34 with 23,271 stock units passing through the market, Consolidated Bakeries climbed 11 cents to end at $1.46 in an exchange of 5 shares. Derrimon Trading advanced 20 cents to $2.70 with 15 stock units changing hands, Dolphin Cove shed $1 to close at $6 with a transfer of 250 shares, Express Catering jumped 23 cents trading 100 units to finish at $3.74. Fontana gained 13 cents to end at $5.39 with an exchange of 136,602 shares, General Accident climbed 28 cents to $6.48 while exchanging 2,267 stock units, Honey Bun slipped 1 cent to $4.80 with 251,267 units changing hands. iCreate lost  5 cents to close at 60 cents with investors switching ownership of 5,000 shares, Jamaican Teas jumped 50 cents to finish at $6 with 443,012 units passing through the market, ahead of the company shareholders approving a  three for one stock split to take effect on November 30. Knutsford Express advanced 20 cents to $6.80 with an exchange of 100,825 shares, Lasco Distributors traded 641,535 stocks and gained 20 cents to finish at $3.29, Lasco Financial added 4 cents to close at $2.64 with 129,948 units changing hands. Lasco Manufacturing fell 6 cents to $3.99 with a transfer of 8,098 shares. Limners and Bards increased by 1 cent to $2.46 with 17,675 stock units changing hands, Lumber Depot lost 5 cents and exchanged 956,492 stocks to settle at $1.15, Mailpac Group traded 1,267,356 shares and rose 1 cent to close at $2.20 and Medical Disposables advanced 40 cents to finish at $4.67 with 2,000 shares crossing the exchange.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Junior Market inches higher

The Junior Market of the Jamaica Stock Exchange closed on Monday with the market rising after more stocks rose than declined with 67 percent fewer shares trading than on Friday.
Trading ended with 35 securities changing hands compared to 32 on Friday and closed with 14 stocks rising, 10 declining and 11 remaining unchanged.
At the close, the Junior Market Index rose 7.63 points to settle at 2,539.98. The average PE Ratio ends at 12.6 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 4,145,851 shares for 14,021,504 compared to 12,631,994 units at $33,900,773 on Friday. Lasco Manufacturing led trading with 37.8 percent of total volume and accounting for 1.57 million shares, followed by Fontana with 14.1 percent for 586,470 units and Mailpac Group with 10.9 percent for 452,407 shares.
Trading ended with an average of 118,453 units at $400,614, in contrast to 394,750 at $1,059,399 on Friday. For the month to date, the average trade resulted in an exchange of 226,798 units at $642,434, compared to 238,314 units at $668,207 on Friday. October ended with an average of 230,868 units at $535,509 trading.
At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows six stocks ending with bids higher than their last selling prices and none with lower offers.
At the close of the market, Access Financial gained 91 cents in closing at $20.02, with an exchange of  1,910 shares, AMG Packaging lost 9 cents in ending at $1.54, with 152 units clearing the market, CAC 2000 gained 50 cents to settle at $9, with investors swapping 1,000 units. Cargo Handlers advanced $1.25 to $7.60 in crossing the exchange with seven units, Caribbean Assurance Brokers lost 3 cents to close at $1.82 trading 18 stock units, Caribbean Cream rose 6 cents to $4.13 with the swapping of 500 shares. Caribbean Flavours rose 2 cents to $1.77, with 236,001 stocks changing hands, Caribbean Producers picked up 1 cent to end at $2.35, in trading 1,474 units, Derrimon Trading lost 20 cents exchanging 6,205 stock units at $2.50. Express Catering declined 23 cents to $3.51 while trading 6,570 units, Fontana gained 46 cents to finish at $5.26, after an exchange of 578,470 shares, General Accident lost 25 cents with 118,066 shares passing through the market to end at $6.20. GWest Corporation shed 19 cents to end at 70 cents, with 78,077 stock units changing hands, Honey Bun gained 1 cent to close at $4.81, in trading 18,840 shares, iCreate dipped 5 cents to 65 cents, with an exchange of 13,213 stock units. Lasco Distributors closed at $3.09, after gaining 8 cents in crossing the market with 57,600 shares, Lasco Financial lost 12 cents to end at $2.60 trading 5,000 units, Lasco Manufacturing added 8 cents to end at $4.05, with 1,565,343 shares passing through the market. Limners and Bards gained 3 cents to end at $2.45, trading 13,936 units, Mailpac Group lost 5 cents to close at $2.19, trading 452,407 shares, Medical Disposables rose 26 cents to $4.27, with 3,200 units changing hands. Paramount Trading gained 1 cent to end at  $1.49, after trading 17,089 stock units, Stationery and Office Supplies lost 25 cents to settle at $4.30, in exchanging 29,000 stock units and Tropical Battery picked up 1 cent to end at $1.21, with 288,661 shares crossing the exchange.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.