Big quiet moves for some Junior Market stocks

The Junior Market trading is quietly throwing up some big winners, but few are taking note, with the market experiences low activity. In Monday’s trading, tTech climbed 11 percent on good volume, with the bid closing in line with the last traded price of  $6.67, the highest price since October last year and is up 41 percent since early July when it traded as low as $4.70.

tTech stock gained 41% in July

tTech is not the only stock making big moves recently.  General Accident gained 67 percent since May 2, Caribbean Cream is up 62 percent since the start of this month when the stock traded at $2.46. Indies rose 25 percent since July 3 and Limners and Bards delivered a 31 percent increase since June 8.
Trading closed on Monday, with 32 securities changing hands, similar to Friday, ending with the prices of 12 stocks rising, 14 stocks declining and six with prices remaining unchanged.
At the close, the Junior Market Index declined by a mere 3.26 points to 2552.21, and the average PE Ratio of the Junior Market ended at 10.7 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with trading volume surging 296 percent and the value of stocks traded climbing 183 over Friday’s levels and ending with an exchange of 5,577,292 shares at $13,949,566 compared to 1,406,824 units amounting to $4,933,149 on Friday.
Mailpac Group led trading with 2.84 million shares for 51 percent of total volume followed by Limners and Bards with 716,517 units for 12.8 percent of the day’s trade and iCreate with 345,873 units for 6.2 percent market share.
An average of 174,290 units at $435,924 in contrast to an average of 43,963 at $154,161 on Friday. An average of 279,101 units traded at $746,924 for the month to date, in contrast to 285,048 units at $782,092 on Friday. Trading in June resulted in an average of 245,049 units at $689,955 trading.
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 four with lower offers.
At the close of the market, AMG Packaging added 1 cent to end at $1.75 while exchanging 9,871 units, Blue Power carved out a loss 10 cents to settle at $3.30, with 110,383 shares passing through the market, Cargo Handlers declined by 10 cents in closing at $7.60, after crossing the exchange, with 170 units. Caribbean Assurance Brokers advanced 10 cents to $2.25, with an exchange of 14,184 shares, Caribbean Cream in rising by 34 cents, closed at $3.99, with 25,692 units clearing the market, Caribbean Producers fell 8 cents to $2.35 with an exchange of 68,142 stock units. Derrimon Trading shed 5 cents to end at $2.25 trading 101,927 stock units, Dolphin Cove fell $1, ending at $7 with an exchange of 4,890 shares, Everything Fresh carved out a loss 1 cent in closing at 73 cents in exchanging 201 stock units. Express Catering fell 22 cents to settle at $4.09 in trading 1,985 stock units, Fontana gained 3 cents to close at $5.08 and finishing trading 228,417 stock units, General Accident gained 5 cents after ending at $6.70 in an exchange of 12,111 shares. GWest Corporation lost 1 cent to close at 88 cents trading 200 shares, Honey Bun advanced by 10 cents to settle at $5.40, with 23,860 stock units changing hands, Indies Pharma declined 10 cents to $2.90 in an exchange of 35,676 units. ISP Finance dropped by 5 cents after closing at $15.80 and trading 100 shares, Jamaican Teas added 1 cent to close at $5 with investors switching ownership of 37,131 shares, Jetcon Corporation fell 2 cents to settle at 92 cents to finish with 65,662 stock units changing hands. Lasco Financial increased 5 cents to settle at $2.55 with 1,550 stock units crossing the exchange, Lasco Manufacturing climbed 9 cents to $3.65 in trading 200,000 units, Limners and Bards dropped 5 cents to end at $2.60, with 716,517 shares changing hands. Lumber Depot lost 1 cent to close at $1.04 trading 224,046 shares, Mailpac Group fell 14 cents to settle at $2 in trading 2,842,033 stock units, Medical Disposables increased 70 cents in closing at $5.90 with 13,488 shares clearing the market. Stationery and Office Supplies gained 8 cents and ending at $5.98 in trading 481 units and tTech carved out a gain of 67 cents to settle at $6.67 in trading 213,193 shares.

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

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Junior Market enjoys big bounce

Prices mostly climbed on the Jamaica Stock Exchange Junior Market ended trading with 29 securities changing hands, down from 33 on Friday, with the prices of 15 stocks rising, eight stocks declining and six with prices remaining unchanged.
At the close, the Junior Market Index jumped 41.20 points to close at 2,570.54. The average PE Ratio of the Junior Market ended at 10.7 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 1,894,386 shares for $5,524,081 compared to 1,842,894 units at $4,327,353 on Friday.
Indies Pharma led trading with 815,136 shares for 43 percent of total volume followed by Mailpac Group with 539,882 units for 28.5 percent of the day’s trade and Fontana 193,897 units for 10.2 percent market share.
An average of 65,324 units traded at $190,486 on Monday, in contrast to an average of 55,845 at $131,132 on Friday. An average of 328,413 units at $927,182 changed hands for the month to date, in contrast to 346,931 units at $937,761 on Friday. Trading in June resulted in an average of 245,049 units at $689,955 trading.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the Junior Market shows five stocks ended with bids higher than their last selling prices and none with lower offers.
At the close of the market, Blue Power declined by 16 cents to close at $3.63 with 4,000 stock units crossing the exchange, Caribbean Assurance Brokers carved out a loss 4 cents to settle at $2.15 after exchanging 2,820 stock units, Caribbean Cream gained 31 cents to close at $3.57 with investors swapping 67,995 shares. Caribbean Producers lost 4 cents in ending at $2.40 in an exchange of 46,774 stock units, Derrimon Trading gained 1 cent to settle at $2.38 after 19,924 units changed hands, Fontana advanced 9 cents to end at $5.09 after trading 193,897 stock units. Fosrich rose 14 cents to $3.75 trading 2,149 shares, General Accident fell 1 cent to end at $6.99 after exchanging 1,200 stock units, Honey Bun jumped 50 cents in ending at $5.40 with investors swapping 39,772 units. iCreate after rising 1 cent, ended at 54 cents with a mere 183 stock units, crossing the exchange, Iron Rock Insurance climbed 89 cents to settle at $3.89 with a transfer of 31 shares, ISP Finance fell 5 cents to close at $15.85 in trading 200 shares. Jamaican Teas shed 2 cents to end at $5.05 while trading 1,015 units, Lasco Distributors rose 25 cents in closing at $3.07 and clearing the market with 57,714 shares, Lasco Financial added 1 cent in closing at $2.55 after an exchange of 2,594 units. Lasco Manufacturing gained 20 cents and end at $3.75 with 3,230 stock units crossing the exchange, Limners and Bards gained 5 cents to end at $2.60 in exchanging 2,500 units, Lumber Depot advanced by 2 cents to $1.04 trading 54,815 shares. Mailpac Group increased 2 cents to $2 53 with 9,882 shares changing hands, Main Event dropped 5 cents to end at $4, with 129 stock units crossing the exchange, SSL Venture rose 11 cents to close at 89 cents, with 1,000 stock units changing hands. Stationery and Office Supplies fell 38 cents in ending at $5.60 after exchanging 3,695 shares and tTech advanced by $1.25 to $5.95 after 15,631 shares crossed the exchange.

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

Junior Market just slips to close Friday

The Junior Market ended trading on Friday sharply lower activity than on Thursday as total volume plunged 68 percent below Thursday and the total dollar value slipping 24 percent as the number of securities changing hands rose from 28 to 33.
Trading ended with the prices of 10 stocks rising, the prices of 14 declining and nine remaining with prices unchanged.
The Junior Market Index slipped by just 0.53 points to close at 2,529.34 and is marginally down, compared to the close of the previous week. The average PE Ratio of the market dipped at 9.7 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 1,842,894 shares for $4,327,353 compared to 5,847,715 units at $16,656,620 on Thursday.
Mailpac Group led trading with 795,955 shares for 43 percent of total volume, followed by AMG Packaging with 394,514 units for 21.4 percent of the day’s trade and Caribbean Cream with 115,469 units for 6.3 percent market share.
The market closed with an average of 55,845 units at $131,132 trading, in contrast to an average of 208,847 at $594,879 on Thursday. An average of 346,931 units changed hands at $937,761 for the month to date, in contrast to 372,277 units at $1,007,995. Trading in June resulted in an average of 245,049 units at trading $689,955.
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 one with a lower offer.
At the close of the market, AMG Packaging gained 23 cents to close at $1.80 with 394,514 shares changing hands, Caribbean Assurance Brokers carved out a gain of 18 cents to end at $2.19 trading 6,044 shares, Caribbean Cream shed 24 cents to close at $3.26 with 115,469 units passing through the market. Consolidated Bakeries declined by 33 cents closing at $1.22 in trading 1,000 units, Derrimon Trading rose 17 cents to end at $2.37 in exchanging 5,039 shares, Everything Fresh lost 5 cents to end at 69 cents with 26,664 shares changing hands. Fontana fell 15 cents to close at $5 in an exchange of 46,487 shares, Fosrich added 1 cent to end at $3.61 with investors exchanging 21,734 shares, Honey Bun lost 1 cent to close at $4.90 with investors trading 5,632 units. iCreate carved out a loss 1 cent to 53 cents with an exchange of 60,060 shares, Jamaican Teas advanced 10 cents in closing at $5.07 with investors switching ownership of 12,560 stock units, Jetcon Corporation gained 6 cents to close at $1.03 in exchanging 2,715 shares. KLE Group shed 44 cents to end at $1.35 with investors switching ownership of 25,588 stock units, Knutsford Express rose 1 cent to $7 2,000 stock units passing through the market, Lasco Distributors carved out a loss 8 cents in closing at $2.82 with 1,615 shares changing hands. Lasco Financial rose 9 cents to end at $2.54 after exchanging 758 shares, Lasco Manufacturing fell 20 cents in closing at $3.55 trading 12,617 units, Limners and Bards rose 10 cents to $2.55 trading 6,692 shares. Lumber Depot carved out a loss 1 cent to finish $1.02 in an exchange of 31,202 units, Mailpac Group fell 7 cents, to $1.98 with 795,955 units clearing the market, Medical Disposables declined by 25 cents to settle at $5.80 in trading 71,760 stock units. Paramount Trading dropped 15 cents to $1.81 with 44,350 stock units crossing the exchange, SSL Venture lost 11 cents to end at 78 cents with investors trading 1,002 stock units and Stationery and Office Supplies gained 38 cents closing at $5.98 after 6,358 units crossed the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Kremi sweetens Junior Market

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The Junior Market squeezed out a modest rise in market Index of 22.66 points to close at 2529.87, as Caribbean Cream stock price jumped 25 percent following a 31 percent increase in its first quarter profit, released after trading on Wednesday.

Caribbean Cream jumped 70 cents to5$3.80

Trading ended with 28 securities changing hands compared to 32 on Wednesday as the market closed with the prices of 10 stocks rising, 12 declining and six remaining unchanged.
The average PE Ratio of the Junior Market ended at 9.9 based on IC Insider.com’s forecast of 2020-21 earnings. The market closed with an exchange of 5,847,715 shares accounting for $16,656,620 compared to 8,179,963 units at $41,811,782 on Wednesday.
Indies Pharma led trading with 2.39 million shares for 41 percent of total volume followed by Caribbean Cream with 1.46 million units for 25 percent of the day’s trade and Mailpac Group with 467,663 units for 8 percent market share.
An average of 208,847 units at $594,879 traded, in contrast to an average of 255,624 valued at $1,306,618 on Wednesday. An average of 372,277 shares traded for the month to date at $1,007,995 each, in contrast to 385,314 units at $1,040,951. The average volume and value for the previous month was 245,049 units valued at $689,955.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows one stock ended with a bid higher than the last selling price and none with a lower offer.
At the close of the market, AMG Packaging advanced 2 cents to settle at $1.57, in trading 17,587 units, Cargo Handlers dropped $1 to settle at $6.50 with 1,100 units changing hands, Caribbean Assurance Brokers declined by 12 cents to end at $2.01, in an exchange of 1,000 stock units. Caribbean Cream carved out a 25 percent gain of 70 cents to end at $3.50, with 1,462,386 units crossing the market, Derrimon Trading carved out a loss 18 cents after closing at $2.20 and exchanging 373,400 stock units, Elite Diagnostic fell 2 cents to $3.60 with investors swapping 4,642 units. Fontana rose 4 cents to $5.15 trading 153,701 shares, Fosrich declined by 8 cents to settle at $3.60 with an exchange of 18,954 stock units, General Accident in rising 20 cents ended at $7 while exchanging 147,451 shares. Honey Bun advanced by 1 cent to settle at $4.91 with 1,637 shares crossing the market, iCreate lost 1 cent to end at 54 cents with 14,650 stock units clearing the market, Indies Pharma climbed 14 cents to end at $2.90 with 2,394,805 units crossing the market. Jamaican Teas lost 8 cents in ending at $4.97 with 11,025 shares changing hands, Knutsford Express fell 1 cent to close at $6.99 in an exchange of 11 units, Lasco Distributors climbed 6 cents to end at $2.90 trading 60,409 stock units. Lasco Financial carved out a loss 4 cents in closing at $2.45 with 5,960 shares passing through the market, Lasco Manufacturing advanced 15 cents to end at $3.75 with investors swapping 83,154 shares, Limners and Bards dropped 20 cents to settle at $2.45 in trading 174,651 units. Lumber Depot shed 2 cents to close at $1.03 in clearing the market with 380,038 stock units, Mailpac Group rose 6 cents to end at $2.05 in exchanging 467,663 shares. Medical Disposables carved out a gain of 5 cents to settle at $6.05 while exchanging 2,787 shares and Stationery and Office Supplies lost 1 cent in closing at $5.60 in an exchange of 11,714 shares.

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

Junior Market claws back losses

Junior Market stocks partially reversed the sharp decline they suffered on Friday by recovering more than half of the loss in the index on Monday and closed with advancing stocks beating out decliners.
At the close, the Junior Market Index climbed 23.92 points to 2,556.00. Trading ended with 31 securities changing hands with the prices of 13 stocks rising, 11 declining and seven closing unchanged.
The average PE Ratio of the Junior Market ended at 10 based on IC Insider.com’s forecasted 2020-21 earnings. The market closed with an exchange of 3,822,981 shares for $10,886,036 compared to 4,584,423 units at $12,466,749 on Friday.
The average trade for the day ended at 123,322 units at $351,162 in contrast to an average of 130,984 valued at $356,193 on Friday. An average 427,049 units traded for the month to date for $1,086,232, in contrast to 464,265 units at $1,176,300. The average for June was245,049 units at $689,955.
Mailpac Group led trading with 1.42 million shares for 37 percent of total volume, followed by Indies Pharma with 521,761 units for 13.6 percent of the day’s trade and General Accident with 415,000 units for 11 percent market share.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the Junior Market shows one stock ended with the bid higher than the last selling price and two with lower offers.
At the close of the market, Access Financial advanced $3.33 to settle at $25 after an exchange of 4,208 shares, AMG Packaging jumped 37 cents to end at $1.52 with investors swapping ten units, Caribbean Flavours jumped $1 to close at $11.50 trading 976 units. Caribbean Producers dropped 3 cents to end at $2.45 with an exchange of 410,802 units, Dolphin Cove lost 80 cents to end at $7 in trading 41,830 shares, Everything Fresh gained 7 cents to close at 74 cents with 35,000 shares changing hands. Fontana climbed 10 cents to end at $5.20 with an exchange of 115,618 units, General Accident rose by 20 cents to end at $7 with investors exchanging 415,000 shares, Honey Bun lost 1 cent to close at $5.49 in trading 17,345 units. iCreate gained 1 cent to settle at 55 cents with investors swapping 29,262 stock units, Indies Pharma shed 3 cents in ending at $2.75 and trading 521,761 stock units, ISP Finance fell 8 cents and closing at $15.90 after exchanging 100 shares. Jamaican Teas rose 29 cents to end at $4.99 trading 14,142 stock units, Jetcon Corporation declined by 4 cents in ending at $1.01 with 52,984 stock units crossing the exchange, KLE Group declined by 1 cent in closing at $1.79 with an exchange of 279 shares. Knutsford Express gained 12 cents to end at $6.62 in trading 8,420 stock units, Lasco Distributors shed 8 cents to close at $2.99 in exchanging 43,174 stock units, Lasco Manufacturing fell 14 cents ending at $3.56 with investors switching 21,945 units. Limners and Bards shed 15 cents to close at $2.45 with an exchange of 111,677 stock units, Lumber Depot ended rising 5 cents to $1.07 trading 208,644 units, Mailpac Group added 1 cent to settle at $2.04 in exchanging 1,415,547 stock units. Main Event dropped 8 cents to $3.99 with 37,832 stock units changing hands, Medical Disposables inched 1 cent higher to close at $6.41 with an exchange of 4,384 units and tTech jumped $1.10 to settle at $5.80 in trading 1,148 units.

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

Junior Market climbs higher on Tuesday

The Junior Market inched a bit higher on Tuesday with an increased number of shares at a higher value trading than on Monday. The market activity left the Index modestly higher, with a rise of 7.94 points to close back above 2,600 at 2,601.98.
Trading ended with 34 securities changing hands with the prices of 14 stocks rising, 11 declining and nine closing unchanged. The average PE Ratio of the Junior Market ended at 10.4 based on IC Insider.com’s forecasted 2020-21 earnings.
The market closed with an exchange of 21,554,761 shares at $46,869,796 compared to 9,111,135 units at $34,960,291 on Monday.
Mailpac Group led trading with 17.10 million shares for 79 percent of total volume, followed by Indies Pharma with 2.47 million units for 11.4 percent of the day’s trade and Fontana with 699,085 units for 3.2 percent market share.
The average trade for the day ended at 633,964 units at $1,378,523 in contrast to an average of 293,908 valued at $1,127,751 on Monday. An average of 554,511 units traded for the month at $1,456,207 for each security, in contrast to 531,422 units at $1,478,781. The average volume and value for June was 245,049 units valued at $689,955.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the Junior Market shows one stock ended with the bid higher than its last selling price and four with lower offers.
At the close of the market, Access Financial lost 5 cents to end at $24.50 in trading 1,029 units, AMG Packaging closed 10 cents lower at $1.51 after exchanging 25,295 shares, Blue Power lost 9 cents to close at $3.80 in trading 2,690 stock units. Cargo Handlers rose 60 cents to $7 with investors transferring 2,150 shares, Caribbean Assurance Brokers lost 1 cent to end at $2.23 while exchanging 1,750 units, Caribbean Cream gained 10 cents to settle at $2.80 trading 3,113 stock units. Caribbean Producers gained 11 cents and ended at $2.50 with an exchange of 274,977 shares, Consolidated Bakeries fell 19 cents to $1.51, with investors swapping 700 units, Derrimon Trading closed 21 cents higher at $2.39 in trading 20,002 stock units. Elite Diagnostic shed 12 cents to end at $3.75 with a transfer of 3,000 units, Express Catering closed at $4.35, after picking up 34 cents and exchanging 8,000 stock units, Fontana gained 1 cent to end at $5.05, with 699,085 shares crossing the exchange. Fosrich gained 25 cents to close at $3.90 with 69,520 stock units changing hands, General Accident ended at $6.60, after rising 10 cents trading 82,050 shares, Honey Bun declined by 5 cents to $5.55, in exchanging 5,820 shares. Indies Pharma lost 6 cents to end at $2.94 trading 2,467,439 shares, ISP Finance climbed $2.98 to $15.98, with an exchange of just one stock unit, Jetcon Corporation gained 6 cents to close at 99 cents, with investors transferring 205,000 shares. Lasco Distributors rose 7 cents to end at $3.07 trading 216,327 shares, Lasco Financial was down 5 cents to settle at $2.50, in exchanging 13,100 stock units, Lasco Manufacturing rose 10 cents and closed at $3.90, with 11,367 stock units changing hands. Limners and Bards added 5 cents to settle at $2.60 trading 15,459 shares, Mailpac Group shed 29 cents to end at $1.88, after trading 17,100,452 shares, Main Event ended at $4.08, after picking up 1 cent with 1,000 units crossing the exchange. Medical Disposables shed 25 cents to settle at $6.75, with an exchange of 1,353 units and tTech closed 40 cents higher at $5.20, in transferring 200 units.

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

Solid gain for Junior Market

In Junior Market trading, the Market Index surged 82 points to just over 2,621, within 30 minutes of the market opening, but slipped back later to close up a solid 54.85 points, to finish the day at 2,594.04.

General Accident was the market leader with 2.6 million shares.

The average PE Ratio of the Junior Market ended the day at 10 based on IC Insider.com’s forecasted 2020-21 earnings.
Trading ended with 31 securities changing hands with the prices of 10 stocks rising, 12 declining and prices of nine closing unchanged. The market closed with an exchange of 9,111,135 shares, accounting for $34,960,291 compared to an unusually high volume of 37,360,918 units at $101,776,650 on Friday.
 General Accident led trading with 2.61 million shares for 29 percent of total volume for the day, followed by Indies Pharma with 2.42 million units for 26.5 percent of the day’s trade and MailPac Group with 1.1 million units for 12 percent market share.
The average trade for the day ended at 293,908 units at $1,127,751 in contrast to an average of 1,383,738 for $3,769,506 on Friday. An average 522,491 units at $1,453,928 has so far traded for the month to date in contrast to 617,038 units at $1,605,315 up to Friday last. The average traded for June was 245,049 units at $689,955 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the Junior Market shows two stocks ending with bids higher than their last selling prices and two with lower offers.
At the close of the market, Access Financial gained 55 cents to close at $24.55 in trading 454 shares, AMG Packaging lost 7 cents in ending at $1.61 while transferring 4,841 units, Blue Power picked up 26 cents in exchanging 6,364 stock units and settled at $3.89. Cargo Handlers declined 50 cents to end at $6.40 trading just one share, Caribbean Assurance Brokers gained 4 cents to close at $2.24 with 1,000 units changing hands, Caribbean Cream slipped 8 cents to $2.70, in transferring 19,920 stock units. Caribbean Flavours closed 28 cents higher at $14, with an exchange of 3,000 shares, Consolidated Bakeries gained 10 cents to end at $1.70, after trading 1,000 units, Express Catering shed 34 cents to finish at $4.01, having exchanged 7,429 shares. Fontana dropped 21 cents to $5.04 with a transfer of 761,613 shares, General Accident rose 30 cents to end at $6.50 after an exchange of 2,610,400 stock units, Honey Bun picked up 4 cents to close at $5.60 in trading 16,345 shares. Indies Pharma jumped 57cents and ended at $3, exchanging 2,416,374 units, ISP Finance climbed $1 to $13, after transferring 2,149 shares, Jamaican Teas lost 6 cents to settle at $4.90, having traded 70,250 stock units. Lasco Distributors closed 7 cents lower at $3, with an exchange of 122,125 shares, Lasco Financial slipped 2 cents to $2.55 with 250,343 units changing hands, Lasco Manufacturing lost 10 cents to close at $3.80 trading 7,789 shares. Lumber Depot slipped 4 cents in closing at $1.07 with investors transferring 159,328 shares, MailPac Group lost 2 cents to finish trading 1,101,551 units at $2.17. Medical Disposables rose 70 cents to close at $7 trading 10,000 shares and Stationery and Office Supplies dipped 2 cents to end at $5.98 after exchanging 3,626 stock units.

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

Junior Market jumps to end June

The Junior Market of the Jamaica Stock Exchange ended June on a positive note with the market index rising 24.30 to close at 2.592.24 and ended the halfway mark of the year, down 22.6 percent and closing out the month 41 points lower than the close of May.
Trading ended with 33 securities changing hands, down from 37 on Monday, with prices of 15 stocks rising, 10 declining and eight stocks closing unchanged. The average PE Ratio of the Junior Market ended at 10.1 based on IC Insider.com’s forecasted 2020-21 earnings.
The market closed with an exchange of 4,554,181 shares accounting for 12,472,239 compared to 13,689,006 units at 25,143,842 on Monday.
Jetcon Corporation led trading with 1.23 million units for 27 percent of total trades, followed by Mailpac Group with 786,681 shares or 17 percent and Lasco Distributors with 675,284 stock units at 15 percent market share.
The average trade for the ended at 138,005 units at 377,947 in contrast to an average of 414,818 valued at 761,935 on Monday. The average volume and value for the month to date amounts to 245,049 units valued at 689,955 in contrast to 258,414 units valued at $659,203. Trading for May ended with an average of 150,274 units for $491,077 for each security.
 IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the Junior Market shows four stocks ended with bids higher than their last selling prices and four with lower offers.
At the close of the market, Access Financial jumped $5.49 to $27 with 56,075 shares trading, AMG Packaging gained 3 cents to close at $1.68 after exchanging 7,720 shares, Blue Power advanced 16 cents to settle at $3.86 in trading 2,918 units. Cargo Handlers dropped 60 cents to $6.40 with 1,400 shares changing hands, Caribbean Assurance Brokers rose 5 cents and transferred 6,549 stock units to finish at $2.20, Caribbean Flavours jumped $2.22 to end at $13.72 with an exchange of 22,218 shares. Caribbean Producers slipped 3 cents to $2.37 with 152,585 units changing hands, Consolidated Bakeries closed 9 cents higher at $1.60, trading 30,100 units, Derrimon Trading climbed 24 cents and exchanged 35,826 shares to finish at $2.42. Dolphin Cove dropped 2 cents to $8.28 with 1,460 stock units passing through the market, Fontana decreased 6 cents to settle at $5.39 with 46,002 units changing hands, Fosrich climbed 56 cents to end at $4.02 in the transfer of 117,363 shares. Honey Bun gained 8 cents and traded 43,409 stock units to settle at $5.72, Indies Pharma carved out a 15 cents gain to end at $2.63 with an exchange of 508,368 units, Jamaican Teas dropped 11 cents to close at $4.78 with investors transferring 3,642 stock units. Jetcon Corporation exchanged 1,236,791 units and fell 2 cents to settle at $1.08, Knutsford Express rose 20 cents to end at $8.90 with 11,637 stock units changing hands, Lasco Distributors shed 6 cents in the exchange of 675,284 shares to finish at $3. Lasco Manufacturing declined 45 cents to end at $3.50in the transfer of 87,821 stock units, Limners and Bards lost 24 cents to close at $2.56 trading 139,400 units, Lumber Depot advanced 13 cents and traded 133,144 stock units to settle at $1.13. Mailpac Group closed 1 cent higher at $1.99 exchanging 786,681 units, Main Event jumped 48 cents to settle at $4.48 in trading 977 shares, Medical Disposables shed 70 cents and with 300,200 shares changing hands to finish at $6.30 and Stationery and Office Supplies added 30 cents to end at $6.29 with 200 shares crossing the exchange.

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

Junior Market dips ahead of month-end

Trading on the Junior Market ended with the market index shedding 16.35 points top of the 31 points lost on Friday to close at 2,567.94 ahead of the mid-year close on Tuesday.
Market activity and resulted in 33 securities changing hands, up from 31 on Friday, with investors pushing the prices of 13 stocks up and 14 down, leaving prices of six unchanged. The average PE Ratio of the Junior Market ended at 9.9 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 13,689,006 shares accounting for 25,143,842 compared to 5,923,1 33 units at 14,437,994 on Friday. Lumber Depot led trading with 10.12 million shares for 74 percent of total volume, followed by Fontana with 1.2 million units for 9 percent of the day’s trade and Mailpac Group with 516,217 units for 3.8 percent market share.
The average trade for the ended at 414,818 units at 761,935 in contrast to an average of 191,069 valued at 465,742 on Friday. The average volume and value for the month to date amounts to 250,116 units valued at $6,38,843 in contrast to 253,214 units at 624,575. In contrast, May closed with an average of 150,274 units for $491,077 for each security.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the Junior Market shows three stocks ended with bids higher than their last selling prices and five with lower offers.
At the close of the market,  AMG Packaging advanced by 4 cents to end at $1.65 in trading 900 units, Blue Power gained 3 cents to end at $3.70 after investors swapped 49,900 stock units, Caribbean Assurance Brokers declined by 5 cents to settle at $2.15 with an exchange of 26,721 shares. Caribbean Cream rose 23 cents to end at $2.70 with a trade of 400 units, Caribbean Flavours shed 20 cents to settle at $11.50 in exchanging 252,280 shares, Caribbean Producers gained 6 cents while closing at $2.40 trading 43,305 stock units. Consolidated Bakeries dropped 19 cents to $1.51 swapping 35,470 shares, Elite Diagnostic eased by 9 cents to settle at $3.91 in trading 20,300 units, Everything Fresh shed 1 cent to close at 80 cents with an exchange of 29,500 shares. Express Catering dropped 60 cents to $4.35 with investors swapping 77,204 stock units, Fontana declined by 4 cents to end at $5.45 with 1,213,293 units changing hands, Fosrich shed 54 cents to end at $3.46 with an exchange of 36,979 shares. General Accident gained 15 cents to $6.15 after exchanging 117,000 units, Honey Bun inched 1 cent higher to end at $5.64 with an exchange of 1,052 stock units, Indies Pharma declined 2 cents to end at $2.48 with 450,753 shares crossing the exchange. ISP Finance declined by $1 to close at $12 in trading 2,300 stock units, Jamaican Teas added 18 cents to close at $4.89 after investors swapped 69,509 units, Jetcon Corporation surged 8 cents to end at $1.10 in trading 7,929 shares. Knutsford Express advanced 70 cents to end at $8.70 with an exchange of 784 stock units, Lasco Distributors gained 1 cent to $3.06 with a transfer of 88,405 shares, Limners and Bards gained 40 cents to close at $2.80 with 126,818 shares changing hands. Lumber Depot lost 12 cents to settle at $1 with investors swapping 10,120,000 stock units, Mailpac Group added 1 cent to close at $1.98 after trading 516,217 units, Main Event dropped 48 cents in closing at $4 with 81,745 shares passing through the market. Medical Disposables advanced 26 cents in closing at $7 with an exchange of 14,000 stock units, SSL Venture shed 7 cents in ending at 78 cents and trading 1,088 shares and Stationery and Office Supplies declined 21 cents to $5.99 with 4,100 stock units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated

Junior Market tops 2,600 again

Trading on the Junior Market of the Jamaica Stock Exchange resulted in Market Index surging 52.72 points to close at 2,602.92 to cross back above the 2,600 mark after falling below it on Monday, as trading fell back to more normal levels, from the heightened level on Tuesday.
By the close of the market, investors exchanged 4,874,547 shares for $20,159,456 compared to 46,968,202 units at $126,633,229 on Tuesday. The day’s activities saw 35 securities changing hands, with the prices of 12 rising 11 stocks declining and 12 closing with prices remaining unchanged. The average PE ratio of the market ended at 9.9 based on IC Insider.com’s 2020-21 earnings.
The average trade of the day was 139,273 units at $575,984, in contrast to an average of 1,467,756 units for $3,957,288 on Tuesday. The average volume for the month to date amounts to 262,928 units at $761,592 for each security trading, in contrast to 271,188 units at $773,989. In contrast, May closed with an average of 150,274 units for $491,077 for each security.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows one stock ending with the bid higher than the last selling price and one with a lower offer.
At the close of the market, Access Financial lost $2.49 to end at $21.51 in trading 1,000 units, AMG Packaging shed 1 cent in closing at $1.61 with 5,389 shares changing hands, Blue Power dipped by 1 cent to close at $3.60 after swapping 21,320 stock units. Caribbean Flavours dropped $2.10 to $11.90 in trading 14,788 units, Caribbean Producers advanced by 5 cents to end at $2.39 with an exchange of 232,831 units, Derrimon Trading rose 10 cents and ending at $2.40 after swapping 19,100 stock units. Express Catering advanced 2 cents to end at $4.99 in exchanging 750 stock units, Fontana lost 10 cents in closing at $5.50 in trading 310,380 units, General Accident advanced by 26 cents to end at $6.01 in trading 2,352,308 units. GWest Corporation declined by 5 cents to end at 90 cents with an exchange of 1,526 shares, Honey Bun fell by 32 cents to end at $5.33 with 25,700 units changing hands, iCreate lost 3 cents to 58 cents in trading 20,000 stock units. Indies Pharma fell 11 cents to close at $2.55 in exchanging 302,614 units, Jamaican Teas shed 9 cents and ended at $4.49 in trading 22,935 stock units, Knutsford Express gained 20 cents to settle at $8.70 while exchanging 25 units. Lasco Distributors gained 1 cent to settle at $2.98 with an exchange of 22,760 stock units, Limners and Bards advanced by 1 cent to close at $2.74 after trading 106,712 stock units, Lumber Depot rose 2 cents to settle at $1.13 with 61,947 shares passing through the market. Mailpac Group carved out a 2 cents gain in ending at $1.90 and trading 221,968 units, Main Event shed 5 cents to settle at $4.10 in trading 1,333 shares, Paramount Trading advanced by 2 cents to end at $2 swapping with 1,231 units changing hands. SSL Venture gained 10 cents to end at 85 cents after trading 53,333 stock units and Stationery and Office Supplies garnered a 28 cents rise to close at $6.28 in exchanging 1,660 units.

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