Trading on the Junior Market of The Jamaica Stock exchange resulted in a fall in the market index for the third time this week, as the index closed the week under the 2,600 points mark at 2,584.29, after falling 30.72 points on Friday and the week, with a 33.96 points loss.
The day’s activities ended, with 31 securities changing hands, down from 32 on Thursday and ended with the prices of seven stocks rising, 13 declining and 11 closing unchanged. The average PE ratio of the Junior Market ended at ten based on IC Insider.com’s projected earnings for 2020-21.
Investors exchanged of 5,923,133 shares at $14,437,994 compared to 2,672,495 units valued at $9,837,334 on Thursday.
The average trade of the day was 191,069 units at $465,742, in contrast to an average of 83,515 units for $307,417 on Thursday. The average volume and value for the month to date amounts to 250,116 units valued at $638,843 in contrast to 253,214 units at $624,575, previously traded. 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 two stocks ended with bids higher than their last selling prices and two with lower offers.
At the close of the market, Blue Power declined by 3 cents in ending at $3.67 after swapping 33,687 shares, Cargo Handlers decreased 50 cents to $7 trading 10,197 units, Caribbean Assurance Brokers rose 8 cents to settle at $2.20 with 67,210 shares changing hands. Caribbean Flavours declined 30 cents to close at $11.70 with an exchange of 162 stock units, Caribbean Producers shed 4 cents to settle at $2.34 after exchanging 84,080 units, Derrimon Trading declined by 26 cents to close at $2.18 trading 400,000 shares. Fontana inched 1 cent to $5.49 with an exchange of 150,227 stock units, General Accident increased 10 cents to settle at $6 trading just 100 shares, iCreate lost 1 cent to end at 57 cents in swapping 98,157 stock units. Indies Pharma fell 10 cents after closing at $2.50 and trading 535,688 units, Jamaican Teas increased 28 cents to $4.71 with 285,487 stock units crossing the exchange, 
Jetcon Corporation dropped 2 cents to close at $1.02 with an exchange of 406,110 shares. Knutsford Express fell 70 cents to close at $8 with an exchange of 39,200 stock units, Lasco Distributors rose 5 cents to $3.05 with an exchange of 352,503 shares, Lasco Manufacturing decreased by 5 cents to settle at $3.95 in trading 4,216 stock units. Limners and Bards shed 30 cents to end at $2.40 after exchanging 506,191 shares, Mailpac Group added 8 cents to settle at $1.97 with 2,553,025 stock units changing hands, Medical Disposables shed 1 cent to close at $6.74 after swapped 3,911 units and tTech gained 1 cent in ending at $4.70 with an exchange of 59,766 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
More gains for Junior Market
The Junior Market eked more gains at the close of trading on Thursday with the market index carving out a modest rise of 12.09 points to close at 2,615.01, with reduced trading levels.
The day ended with 32 securities changing hands, from 36 securities on Wednesday. The prices of 11 stocks rose, 13 declining and eight stocks closed unchanged. The average PE ratio of the market ended at ten based on IC Insider.com’s projected 2020-21 earnings. Trading ended with an exchange of 2,672,495 shares at $9,837,334 compared to 4,874,547 units at$20,159,456 on Wednesday.
The average trade of the day was 83,515 units at $307,417 in contrast to an average of 139,273 units at $575,984 on Wednesday. The average volume and value for the month to date ended at 253,190 units and $624,575 and previously an average of 262,928 units at $761,592. 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 five stocks ended with bids higher than their last selling prices and 2 with lower offers.
At the close of the market, Blue Power gained 10 cents in closing at $3.70, trading 9,244 stock units, Caribbean Assurance Brokers, declined by 18 cents to end at $2.12 exchanging 52,337 units, Caribbean Flavours rose 10 cents to settle at $12 with 200,000 shares changing hands. Caribbean Producers shed 1 cent to settle at $2.38 trading 74,062 stock units, Consolidated Bakeries gained 15 cents to close at $1.70 after exchanging 100 shares, Derrimon Trading carved out a 4 cents rise to end at $2.44 after exchanging 10,000 units. Elite Diagnostic advanced 17 cents to settle at $4 with 123,700 units changing hands, Express Catering shed 4 cents to end at $4.95 in trading 1,000 units, Fontana lost 2 cents to settle at $5.48 after swapping 336,869 stock units. Fosrich surged 44 cents closing at $4 with investors switching ownership of 101,550 units, General Accident declined by 11 cents in ending at $5.90 with 125,501 stock units changing hands, Honey Bun increased 30 cents to close at $5.63 with 5,369 units crossing the exchange. Indies Pharma rose 5 cents ending at $2.60 with an exchange of 36,367 stock units, Jamaican Teas lost 6 cents closing at $4.43 in trading 133,513 units, Jetcon Corporation lost 11 cents ending at $1.04 while trading 182,037 shares. 
KLE Group gained 10 cents to close at $1.80 with an exchange of 1,647 stock units, Lasco Distributors increased 2 cents closing at $3 having swapped 32,467 shares, Limners and Bards dipped 4 cents to end at $2.70 trading 182,381 shares. Lumber Depot lost 1 cent to close at $1.12 with 210,000 units changing hands, Mailpac Group fell 1 cent to settle at $1.89 with an exchange of 544,521 shares, Main Event advanced by 38 cents ending at $4.48 with a transfer of 273 shares. Medical Disposables shed 5 cents to close at $6.75 in exchanging 7,369 shares, Stationery and Office Supplies lost 8 cents in closing at $6.20, with an exchange of 1,000 units and tTech lost 1 cent to settle at $4.69 with 180 shares crossing the exchange.
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.
$127m Junior Market trades – Tuesday
Investors sent the Junior Market down at the close of trading on Tuesday with volume and value surging well over recent daily levels as Mailpac and Fontana shares dominated with 66 and 25 percent of the market respectively and Caribbean Cream chipped in with 4 percent.
The prices of the three leading trades declined to help in the Junior Market Index shedding 46.89 points to close at 2,550.20, the second lowest close for the month to date. At the end of the market, 32 securities traded down from 28 securities on Monday as the prices of 11 securities advanced, 13 declined and eight remained unchanged. The PE ratio of the market ended at ten times IC Insider.com projected 2020-21 earnings.
Trading resulted in an exchange of 46,968,202 units accounting for $126,633,229 compared to 4,779,088 shares at $20,952,617 on Monday.
Trading concluded with an average of 1,467,756 units at $3,957,288 for each security traded in contrast to 170,682 units at $748,308 on Monday. The average volume and value for the month to date amounts to 261,844 units at $692,096 and previously 177,588 units at $463,960. In contrast, May closed with an average of 150,274 units for $491,077 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows four stocks ended with bids higher than its last selling prices and two with lower offers.
At the close of the market, Access Financial recovered $4 of the $4.74 it lost on Monday to settle at $24 with 3,850 shares changing hands, AMG Packaging dropped 6 cents to $1.62 with 3,601 units changing hands, Blue Power slipped 4 cents in the exchange of 2,926 stock units to end at $3.61. Cargo Handlers shed 30 cents to finish at $7.50 trading 59 units, Caribbean Assurance Brokers gained 10 cents in the exchange of 4,822 shares to close at $2.30, Caribbean Cream closed trading of 2,000,000 units and fell 20 cents to end at $2.47. Caribbean Producers lost 5 cents to settle at $2.34 with 650,144 stock units passing through the market, Dolphin Cove jumped 80 cents after a transfer of 1,660 shares to close at $8.30, Elite Diagnostic added 5 cents to end at $3.83 with 25,182 units changing hands. Fontana traded a staggering 11,483,741 units and dropped 16 cents to close at $5.60, Honey Bun climbed 35 cents to $5.65 with an exchange of 103,044 units, iCreate gained 3 cents in the transfer of 40,000 units to finish at 61 cents. Indies Pharma slipped 14 cents and traded 343,600 shares to finish at $2.66, Jamaican Teas ended at $4.58 after rising 23 cents in exchanging 32,850 stock units, Jetcon Corporation slipped 4 cents to $1.15 in the transfer of 17,392 shares. 
Lasco Distributors closed 1 cent lower at $2.97, with 619,829 units changing hands, Lasco Financial slipped 2 cents to $2.60 with 33,329 units traded, Lasco Manufacturing closed at $4 after adding 1 cent in the transfer of 54,751 shares. Limners and Bards rose 15 cents to $2.73 with 348,673 shares crossing the exchange, Lumber Depot slid 2 cents and swapped 277,086 units to finish at $1.11, Mailpac Group and lost 2 cents to close at $1.88 with investors transferring a stunning 30,777,290 shares. Main Event finished at $4.15 after rising 5 cents and trading 1,000 units and Medical Disposables shed 20 cents to settle at $6.80 with 1,806 stock units crossing the exchange. In the junior market preference segment, CAC 2000 9.5% climbed 16 cents to $1.16, with 1,008 units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market drops on Monday
The number of Junior Market stocks trading on Monday slipped marginally from Friday’s levels, but the value of the overall trade jumped, resulting in prices rising and falling equally and ending with the market index dropping 21.16 points to 5997.09.
Similar to Friday, 28 securities changed hands on Monday, with the prices of 10 stocks rising, 10 declining and prices of eight closing unchanged. At the close of trading, the average PE ratio of the Junior Market ended at 9.9 based on iC Insider.com’s forecasted earnings for 2020-21.
Trading ended, with an exchange of 4,779,088 shares valued at $20,952,617 compared to 4,892,108 units valued at $13,413,027 on Friday.
The average trade of the day was 170,682 units at $748,308, in contrast to an average of 174,718 units for $479,037 each on Friday. The average stock trading for the month to date amounts to 177,588 units at $463,960 in contrast to 236,512 units at $445,444 previously. May ended with an average of 150,274 shares at $491,077 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows four stocks ending with bids higher than their last selling prices and four with lower offers.
At the close of the market, Access Financial Services fell $4.74 to end at $20 in trading 3,500 units, Cargo Handlers slipped 4 cents and ending at $7.80 in trading 500 units, Caribbean Assurance Brokers lost 8 cents to settle at $2.20 with an exchange of 24,013 shares. Caribbean Cream shed 21 cents ending at $2.67 trading 350 units, Caribbean Producers picked up 1 cent to settle at $2.39 while exchanging 33,192 units, Dolphin Cove gained 7 cents to close at $7.50 after investors switched 700 shares. Everything Fresh gained 1 cent to close at 81 cents in trading 12,285 stock units, Fontana rose 9 cents in closing at $5.76 after trading 371,132 shares. General Accident advanced by 37 cents to end at $5.75 after swapping 1,005,000 shares, Honey Bun shed 20 cents and ended at $5.30 trading 2,020,740 shares, iCreate slipped 3 cents to close at 58 cents in exchanging 538,993 units. Indies Pharma gained 27 cents to end at $2.80 with an exchange of 41,001 stock units, Iron Rock Insurance lost 20 cents to close at $3 trading 19,055 shares, Jamaican Teas slid 20 cents to settle at $4.35 with 29,097 stock units changing hands. 
Jetcon Corporation lost 1 cent to end at $1.19, with 39,463 shares crossing the exchange, Lasco Financial added 1 cent to settle at $2.62, after exchanging 2,941 units, Lasco Manufacturing shed 1 cent to close at $3.99 in trading 7,397 shares. Limners and Bards rose 12 cents to end at $2.58 after 243,153 shares crossed the market and Mailpac Group gained 2 cents in finishing at $1.90 with 44,084 stock units changing hands.
In the preference segment, Derrimon Trading preference shares jumped 30 cents to settle at $1.80 in exchanging 2,798 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior & Main Market performance gap grows
IC Insider.com TOP 10 weekly reports indicated for some time that the best buys for Jamaican stocks are in the Junior Market. Since the drop in March, the Junior Market is recovering at a faster pace than the Main Market and the trend continues.
Following on from last week when the Junior Main Market rose four out of five trading days, the market rose three days this past week with Thursdays decline being a mere seven points and the market rising 12 points for the week.
The Main Market lost just under 2,000 points last week and lost 3,784 points this week, thus widening the performance gap between this market and the Junior Market, for the year to date.
For the Junior Market TOP 10, Elite Diagnostic price dropped from $4.17 last week to $3.81 and moved back into TOP 10, replacing Medical Disposables that inched up to $6.95 from $6.69 last week. There was no change to the TOP 10 Main Market, this past week.
The past week closed with the three top Junior Market stocks with the potential to gain between 254 to 698 percent by March 2021 are Caribbean Producers, followed by Lasco Financial and Caribbean Cream that took over from Lumber Depot that was number three last week. In the Main Market, the top three continues to be Radio Jamaica continues to lead, followed by Berger Paints and JMMB Group with expected gains of 170 to 230 percent.
The targeted average PE ratio of the market is 20 based on the profits of companies reporting full year’s results for the financial year ending after the second quarter of 2020 up to the second quarter in 2021. 
Both the Junior and Main markets are currently trading well below this level. The JSE Main Market ended the week, with an overall PE of 14.3 and the Junior Market at just 9.6, based on 2020-21 earnings. The PE ratio for the Junior Market Top 10 stocks averages a mere 5.7 at just 59 percent to the average of the overall Junior Market. The Main Market TOP 10 stocks trade at 8.6 or 60 percent of the PE of the overall market.
The average projected gain for the IC TOP 10 stocks is 283 percent, for the Junior Market and 140 percent for the JSE Main Market, based on 2020-21 earnings, an indication that there is the potential to make greater gains in the Junior Market than in the Main Market.
IC TOP 10 stocks are likely to deliver some of the best returns up to March 2021. The expected gain for each stock is based on earnings and PE ratios for the current fiscal year. 
The ranking of stocks is in order of likely increases, with the highest-ranked, being the most attractive. The ranking of stocks is in order of likely increases, with the highest-ranked, being the most attractive. Expected values will change as stock prices fluctuate and will result in movements of the selection in and out of the lists for most weeks. Revisions to earnings per share are ongoing, based on receipt of new information.
Persons who compiled this report may have an interest in securities commented on in this report.
Another positive week for Junior Market
The support line going back to the 2020 low in the market in March is steering the market slowly upwards.
Trading on the Junior Market of the Jamaica Stock Exchange closed higher at the close on Friday as well as for the week with three days of a rising index continuing the trend in recent weeks of a slowly rising market.
The market closed with an exchange of 4,892,108 shares at $13,413,027 as 28 securities traded compared to 4,370,450 units valued at $13,021,794 on Thursday. The day’s activities saw 28 securities changing hands, compared to 30 securities on Thursday and ended with the prices of 12 rising eight declining and eight closing with the prices unchanged.
The average trade of the day was 174,718 units at $479,037 in contrast to an average of 145,682 units at $434,060 on Thursday. The average volume and value for the month to date amounts to 236,512 units for $445,444, in contrast, 178,269 units valued at $443,105. 
May ended with an average of 150,274 units at $491,077 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows five stocks ended with bids higher than their last selling prices and three with lower offers. The average PE ratio of the Junior Market ended at 9.7 based on IC Insider.com’s forecasted earnings for 2020-21.
At the close of the market, AMG Packaging & Paper declined by 1 cent ending at $1.68 trading 801 shares, Caribbean Assurance Brokers increased 3 cents in closing at $2.28 after exchanging 103,132 stock units, Caribbean Producers declined by 2 cents to $2.38 with an exchange of 455,445 units. Consolidated Bakeries added 4 cents in closing at $1.55, with 39 shares changing hands. Dolphin Cove declined by 7 cents to end at $7.43 trading 1,000 stock units, Elite Diagnostic shed 47 cents to end at $3.78 after swapping 10,675 shares. Express Catering rose 8 cents to finish at $4.97 in exchanging 45,768 units, Fontana increased 12 cents to end at $5.67 with 425,052 stock units crossing the exchange, Fosrich eked out a rise of 1 cent to $3.56 in swapping 1,500 shares.
Honey Bun rose 6 cents to settle at $5.50 and trading 20,599 stock units, iCreate increased 2 cents end at 61 cents with an exchange of 419,025 shares, Indies Pharma lost 30 cents to end at $2.53 in trading 2,041,908 shares. Jamaican Teas advanced by 6 cents to $4.55 with an exchange of 66,421 stock units, Jetcon Corporation lost 10 cents to close at $1.20 with the transfer of 167,533 stock units, Lasco Distributors gained 7 cents to end at $2.98 with 342,986 stock units crossing the market. Lasco Financial dipped 1 cent to $2.61 after swapping 39,603 units, Lasco Manufacturing increased 10 cents to end at $4 with an exchange of 207,929 stock units, Limners And Bards added 11 cents to settle at $2.46 with trading 47,863 shares. Mailpac Group lost 2 cents to close at $1.88, having swapped 280,194 units and tTech rose 1 cent ending at $4.70 with 1,000 stock units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market trading in narrow band
For the month-to-date the Junior Market index moved in a narrow band with an average of 18 points in either direction, reflecting the uncertainty of investors as to the direction of the market currently.
The first half of the week showed promise of an upward trend, but that trajectory hit a minor setback on Thursday with the market index slipping just 7.23 points to close at 2,600.18 as advancing stocks just edged out declining ones.
Market activities concluded with the prices of 13 securities rising, 12 declining and five holding firm with the average PE ratio of the market ended at 9.8 based on 2020-21 earnings.
Trading activities, resulted in 4,379,450 units exchanged to the tune of $13,021,794 from 30 securities in contrast to 7,825,083 shares valued at 20,619,430 from 28 securities on Wednesday.
The day ended with an average of 145,682 units at $434,060 for each security traded in contrast to 279,467 units at $736,408 on Wednesday. The average volume and value for the month to date amounts to 178,269 units at $443,105 and previously 180,897 units at $443,834. In contrast, May closed with an average of 150,274 units for $491,077 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows three stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close of the market, Access Financial slipped 1 cent in the trading of 1,000 units to settle at $24.74, AMG Packaging ended 4 cents higher at $1.69 with an exchange of 8,683 shares, Caribbean Assurance Brokers added 6 cents and transferred 1,000 shares to close at $2.25. Derrimon Trading finished at $2.30 after falling 15 cents with 975 units traded, Dolphin Cove jumped 40 cents to close at $7.50 with 1,500 units changing hands, and Elite Diagnostic advanced 15 cents to $4.25 in the trading of 84,251 units. Everything Fresh slipped 1 cent to close at 80 cents after exchanging 2,116 shares, Express Catering dipped 2 cents in trading 24,774 shares to close at $4.89, General Accident shed 12 cents and swapped 716,590 shares to close at $5.38. Honey Bun climbed 14 cents to finish at $5.44, trading 38,535 stock units, iCreate closed at 59 cents after losing 2 cents and exchanging 450,585 shares, Indies Pharma ended 2 cents lower at $2.83 with 138,990 shares changing hands. Jamaican Teas shed 51 cents as investors transferred 670,692 shares to close at $4.49, Jetcon Corporation inched 5 cents higher to $1.30 with an exchange of 53,899 units, Knutsford Express jumped 50 cents to $8.50 with the trading of a mere 9 units. 
Lasco Distributors gained 2 cents and swapped 200 units to close at $2.91, Lasco Financial rose 7 cents to $2.62 with 8,213 shares changing hands, Lasco Manufacturing dipped 5 cents to $3.90 with 118,649 units transferred. Limners and Bards shed 25 cents and exchanged 547,048 shares to settle at $2.35, Lumber Depot closed 2 cents higher at $1.13 with 475,645 units swapped, Mailpac Group gained 4 cents in the trading of 616,680 units to finish at $1.90. Main Event shed 38 cents to settle at $4.10 with 2,900 units changing hands, Medical Disposables climbed 31 cents to end at $7 with 5,000 shares traded and tTech fell 1 cent to $4.69 with 5,370 units crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Mailpac tops Junior Market – Wednesday
Mailpac Group was once again the volume leader with just over 4 million units controlling 53 percent of the Junior Market trading volume on Wednesday, with the market index rising 5.73 points to close at 2,607.41.
Trading on the Junior Market resulted in an exchange of 7,825,083 shares valued at 20,619,430 compared to 5,099,168 units valued at $15,226,012 from 30 securities on Tuesday. The day’s activities saw 28 securities changing hands, with the prices of nine rising 12 declining and seven stocks closing unchanged. The PE ratio of the market closed with an average of 9.9 times IC Insider.com projected 2020-21 earnings.
The securities trading averaged 279,467 units at $736,408 in contrast to an average of 169,972 units at $507,534. The month to date ended with an average of 180,897 units at $443,834 and previously an average of 172,874 units at $420,020. In contrast, May closed with an average of 150,274 units for $491,077 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows five stocks ended with bids higher than their last selling prices and three with lower offers.
At the close of the market, AMG Packaging lost 5 cents to settle at $1.65 with an exchange of 514 shares, Blue Power gained 5 cents in closing at $3.65, after exchanging 22,208 stock units, Caribbean Assurance Brokers slipped 1 cent trading 30,679 stock units to finish at $2.19. Caribbean Producers added 3 cents to end at $2.40 in swapping 155,604 shares, Dolphin Cove fell 70 cents to close at $7.10 with 11,000 units changing hands, Elite Diagnostic slipped 7 cents to $4.10 in trading 119,772 shares. Everything Fresh gained 1 cent to settle at 81 cents having swapped 1,259 stock units, Express Catering rose 1 cent and exchanged 26,262 units to end at $4.91, Fosrich shed 1 cent to settle at $3.55 in trading 14,924 stock units. General Accident rose 20 cents to close at $5.50, with a change in ownership of 125,606 units, Honey Bun fell 15 cents to $5.30, swapping 358,619 stock units, iCreate rose 5 cents to 61 cents with an exchange of 418,880 units. Indies Pharma dipped 5 cents to $2.85 with 140,114 shares changing hands, Jamaican Teas climbed 51 cents in trading 420,062 units to close at $5, 
Jetcon Corporation lost 7 cents to settle at $1.25 after exchanging 200,269 shares. Knutsford Express dropped 11 cents to settle at $8 with of 292 stock units changing hands, Lasco Distributors slipped 9 cents to end at $2.89 in trading 8,363 stock units, Lasco Financial gained 1 cent to close at $2.55 in transferring 53,625 shares. Lasco Manufacturing climbed 6 cents closing at $3.95 with 10,099 units traded, Limners and Bards lost 30 cents after a swap of 220,635 stock units to end at $2.60 and Mailpac Group fell 8 cents to $1.86 with 4,165,569 shares crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market regains some losses – Tuesday
The Junior Market Index recovers 20.28 points of the 32 it lost on Monday to close at 2,601.68 on Tuesday as trading activity remained close to Monday levels with 30 securities changing hands on both days.
Trading resulted in an exchange of 5,099,168 units valued at $15,226,012 compared to 4,645,198 units valued at $13,350,189 on Monday. At the close of market activities, the prices of 14 securities advanced, ten declined and six remained unchanged. The PE ratio of the market ended at 10.1 times IC Insider.com projected 2020-21 earnings.
Limners and Bards stock price rose 40 cents as it controlled 24 percent of the overall market volume, with 1.2 million units traded on the heels of its recently announced 52 percent year-over-year increase in net profits for the six months ending April. Mailpac Group held 25 percent of the volume with 1.27 million shares traded and Lasco Distributors 592,000 shares for 12 percent market share rounded out the top three.
Trading concluded with an average of 169,972 units at $507,534 for each security traded, in contrast to 154,840 units for an average of $445,006 on Monday. The average volume and value for the month to date amounts to 172,874 units at $420,020 and previously 173,151 units valued at $411,659. In contrast, May closed with an average of 150,274 units for $491,077 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows two stock ended with bids higher than its last selling prices and five with lower offers.
At the close of the market, Access Financial climbed $2.24 to settle at $24.75 at with a mere 50 shares changing hands, Blue Power dropped 26 cents in the exchange of 147,395 stock units to end at $3.60, Cargo Handlers rose 34 cents to $7.84 with a transfer of 655 units. Caribbean Assurance Brokers fell 4 cents in the swapping of 15,350 shares to finish at $2.20, Caribbean Cream closed trading of 1,000 units and gained 8 cents to end at $2.88, Caribbean Flavours fell 50 cents to close at $14 with an exchange of 2,000 shares. Caribbean Producers gained 1 cent to end at $2.37 with 279,690 stock units passing through the market, Everything Fresh dipped 2 cents to 80 cents with 49,258 units changing hands, Express Catering jumped 60 cents to $4.90 with 23,498 shares traded. Fontana gained 4 cents and exchanged 363,036 shares to close at $5.50, Fosrich shed 24 cents in trading 62,922 units to finish at $3.56, General Accident declined 20 cents to $5.30, trading 212,864 stock units. Honey Bun closed trading of 123,257 units and gained 35 cents to end at $5.45, iCreate moved 1 cent higher to 56 cents with an exchange of 47,797 units, Indies Pharma slipped 10 cents in trading 52,511 shares to finish at $2.90. 
Jamaican Teas ended at $4.49 after losing 1 cent and exchanging 272,114 stock units, Jetcon Corporation rose 22 cents to $1.32 with the swapping of 149,487 shares, Lasco Distributors closed 3 cents higher at $2.98, with 592,454 stock units trading. Lasco Financial climbed 3 cents and exchanged 2,000 shares to finish at $2.54, Lasco Manufacturing lost 11 cents in trading 70,050 units to settle at $3.89, Limners and Bards closed 40 cents higher at $2.90, with 1,224,292 stock units changing hands. Mailpac Group added 5 cents to end at $1.94 with 1,268,543 shares crossing the exchange, Main Event finished at $4.48 after rising 40 cents and trading 8,753 units and Medical Disposables ended with a loss of 1 cent at $6.69 with 800 stock units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
