It was another day of struggle for the Jamaica Stock Exchange Junior Market bears held the upper had on Friday as the market continues its battle, with bulls moving the market up, followed by bears pulling it down.
At the close, the Junior Market Index lost 26.95 points to 2,555.47, and the average PE Ratio of the Junior Market ended at 10.8 based on IC Insider.com’s forecast of 2020-21 earnings. Trading ended with 32 securities changing hands compared to 29 and ended with the prices of eight stocks rising, the prices of 17 declining and seven with prices remaining unchanged.
Investors exchanged 1,406,824 shares for $4,933,149 compared to 5,119,129 units at $18,508,860 on Thursday.
Mailpac Group led trading with 320,693 shares for 22.8 percent of total volume, followed by Fosrich with 239,780 units for 17 percent of the day’s trade and Fontana with 215,000 units for 15.3 percent market share.
An average of 43,963 units at $154,161, in contrast to an average of 176,522 at $638,237 on Thursday. An average of 285,048 units at $782,092 for the month to date, in contrast to 299,549 units at $819,862. 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 two stocks ended with bids higher than their last selling prices and none with lower offers.
At the close of the market, Access Financial shed $2.48 to close at $23.50 with investors swapping 930 stock units, AMG Packaging fell 6 cents to end at $1.74, with just 40 units changing hands, Blue Power dropped by 20 cents to $3.40 in an exchange of 55,967 stock units. Cargo Handlers rose $1.20 to settle at $7.70 with investors swapping 140 stock units, Caribbean Assurance Brokers carved out a loss 10 cents to settle at $2.15 with investors switching ownership of 10,795 stock units. Caribbean Cream fell 21 cents to close at $3.65 with an exchange of 9,591 shares, Caribbean Producers gained 3 cents to close at $2.43 while exchanging 43,850 stock units, Derrimon Trading fell 20 cents in closing at $2.30 trading 15,373 units. Express Catering lost 1 cent to end at $4.31 in trading 600 units, Fontana carved out a loss 3 cents to close at $5.05 in exchanging 215,000 units, Fosrich increased 6 cents in ending at $3.80 after exchanging 239,780 stock units. General Accident shed 30 cents to end at $6.65 in an exchange of 54,881 shares, Honey Bun increased by 4 cents to settle at $5.30, with 2,010 units changing hands, iCreate after rising 2 cents settled at 54 cents in exchanging 525 stock units. 
Jamaican Teas carved out a loss 6 cents in closing at $4.99, with 9,861 units changing hands, Jetcon Corporation shed 8 cents to end at 94 cents and cleared the market with 500 units, Lasco Financial lost 5 cents closing at $2.50 and crossing the exchange with 53,577 units. Lasco Manufacturing declined by 9 cents to settle at $3.56, with investors switching ownership of 79,722 stock units, Limners and Bards dropped by 4 cents to close at $2.65 in an exchange of 12,702 shares, Lumber Depot gained 1 cent in ending at $1.05 with 36,832 units crossing the market. Mailpac Group rose 6 cents to close at $2.14, trading 320,693 units, SSL Venture increased 9 cents in closing at 87 cents with investors switching ownership of just one stock unit. Stationery and Office Supplies shed 2 cents to settle at $5.90 after exchanging 2,800 shares and tTech shed 50 cents to end at $6 500, with stock units changing hands.
In the preference segment, CAC 2000, 9.5% carved out a loss of 5 cents to end at $1.15, with 700 units crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading ended with 29 securities changing hands compared to 32 on Wednesday and ended with the prices of 12 stocks rising, 10 stocks falling in value and seven with prices remaining unchanged.
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 five with lower offers.
iCreate lost 2 cents in ending at 52 cents after exchanging 34,950 stock units. Indies Pharma rose 10 cents to close at $3 in an exchange of 694,697 units, Jamaican Teas shed 1 cent to end at $5.05 exchanging 962 units, Jetcon Corporation carved out a gain of 1 cent to end at $1.02 with investors switching ownership of 76,464 stock units. Lasco Financial carved out a loss 1 cent to close at $2.55 and finishing, with 1,750 shares changing hands, Lasco Manufacturing shed 10 cents to end at $3.65 with an exchange of 2,121,219 stock units, Limners and Bards carved out a loss 1 cent and ending at $2.69 in exchanging 66,085 stock units. Lumber Depot dropped by 3 cents to end at $1.04 with investors switching ownership of 21,077 stock units, Mailpac Group gained 6 cents to close at $2.08 in clearing the market with 544,372 stock units. Stationery and Office Supplies lost 6 cents in ending at $5.92, with 550 units changing hands and tTech jumped 55 cents to close at $6.50 in an exchange of 1,995 stock units.
At the close, the Junior Market Index rose 43.57 points to 2,562.54, and the average PE Ratio of the Junior Market ended at 10.8 based on IC Insider.com’s forecast of 2020-21 earnings.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows two stocks ended with bids higher than their last selling prices and three with lower offers.
Jamaican Teas advanced 6 cents to $5.06 in exchanging 2,107 shares, KLE Group rose 20 cents to close at $1.55 while 10,000 shares changed hands, Lasco Financial added 6 cents in closing at $2.56 with investors exchanging 70,158 shares. Lasco Manufacturing gained 10 cents to end at $3.75 in an exchange of 71,824 units, Limners and Bards climbed 25 cents to settle at $2.70 with 298,963 shares changing hands, Lumber Depot increased 2 cents to close at $1.07 with an exchange of 56,079 shares. Mailpac Group fell 1 cent in ending at $2.02 and trading 736,959 units, Medical Disposables in rising 3 cents ended at $5.20 with 60,875 shares clearing the market. SSL Venture dropped 11 cents in closing at 78 cents while trading 100 stock units and tTech lost 55 cents to end at $5.95, with 27,500 units passing through the market.
At the close of the market, Caribbean Assurance Brokers dropped 5 cents to close at $2.10 with investors switching ownership of 7,664 shares, Caribbean Cream rose 23 cents to end at $3.80 and finishing with 109,295 units changing hands, Caribbean Producers carved out a loss 4 cents in closing at $2.36 and clearing the market with 2,562,858 units. Derrimon Trading shed 18 cents to finish at $2.20 with an exchange of 11,000 shares, Everything Fresh shed 3 cents in closing at 66 cents with 185,340 shares crossing the market, Express Catering declined by 15 cents to settle at $4.05, with 100 units passing through the market. Fontana shed 8 cents in closing at $5.01 in exchanging 137,876 stock units, Fosrich fell 8 cents to end at $3.67 and finished trading with 69,531 stock units, General Accident fell 19 cents to $6.80, after 86,846 units crossed the market. Honey Bun in rising 15 cents closed at $5.55 while exchanging 28,004 shares, iCreate dropped by 1 cent to 53 cents and cleared the market with 59,772 units, Jamaican Teas carved out a loss 5 cents to close at $5 with investors switching ownership of 78,000 shares. Jetcon Corporation dropped by 2 cents to end at $1.01, with 110,200 stock units changing hands, Lasco Distributors declined by 22 cents to close at $2.85 with an exchange of 286,800 units, Lasco Financial declined by 5 cents ending at $2.5 while exchanging 89,169 shares. 
Lasco Manufacturing fell by 10 cents in closing at $3.65, with 1,394,200 stock units passing through the market, Limners and Bards dropped 15 cents in ending at $2.45, while trading 26,718 shares, Lumber Depot gained 1 cent to end at $1.05 and exchanging 38,434 units. Mailpac Group gained 3 cents to settle at $2.03, with 1,008,821 units changing hands, Medical Disposables shed 63 cents to end at $5.17, with 155,813 units crossing the exchange, Paramount Trading lost 1 cent to end at $1.80 in an exchange of 37,370 shares. Stationery and Office Supplies carved out a gain of 38 cents to end at $5.98 in exchanging 12 stock units and tTech rose 55 cents to end at $6.50 in trading 33,198 shares.
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.
There are just about six offers on the stock exchange board at the close on Friday with the lowest offer at $4.30 and the only large visible offer for 500,000 shares at $6.
The top three stocks in the Main Market, with expected gains of 189 to 210 percent are Radio Jamaica followed by Berger Paints and JMMB Group that reported decent full-year March results.
The PE ratio for the Junior Market Top 10 stocks averages a mere 5.9 at just 54 percent to the average of the overall Junior Market. The Main Market TOP 10 stocks trade at 8.5 or 56 percent of the PE of the overall market.
Trading ended with the prices of 10 stocks rising, the prices of 14 declining and nine remaining with prices unchanged.
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.
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.
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.
At the close of the market, Access Financial declined by $1.99 to settle at $23.50 with investors swapping 68 stock units, AMG Packaging rose 3 cents to end at $1.55 with 31,000 stock units changing hands, Caribbean Assurance Brokers carved out a loss 7 cents in ending at $2.13 with investors switching ownership of 51,571 units. Caribbean Producers rose 3 cents to end at $2.44 in trading 31,897 stock units, Dolphin Cove gained $1 to close at $8 in exchanging 10,007 units, Express Catering fell 5 cents to $4.20 with an exchange of 6,504 units. Fontana fell 5 cents after closing at $5.11, with 54,087 stock units crossing the exchange, General Accident lost 21 cents to close at $6.80, with 5,216,851 stock units passing through the market, Honey Bun added 10 cents to end at $4.90 in exchanging 127,592 shares. Indies Pharma increased by 6 cents to settle at $2.76 247,288 shares changing hands, Jamaican Teas rose 5 cents to end at $5.05 in trading 59,383 shares, Jetcon Corporation gained 1 cent to end at 97 cents with investors swapping 9,533 stock units. Lasco Distributors added 3 cents in ending at $2.84 trading 118,580 stock units, Limners and Bards jumped 16 cents to close at $2.65 while exchanging 20,014 units, Lumber Depot carved out a loss 2 cents to close at $1.05 with investors switching ownership of 1,076,643 shares. 
Mailpac Group shed 1 cent to settle at $1.99 while exchanging 574,205 units, Main Event gained 6 cents to close at $4.05, with 1,800 units crossing the exchange, Medical Disposables carved out a loss 35 cents to close at $6 with investors swapping 2,772 units. Paramount Trading gained 15 cents to finish at $1.96, with 48,099 shares crossing the market, SSL Venture eked out a gain of 4 cents to settle at 89 cents in switching ownership of 3,000 units. Stationery and Office Supplies rose 1 cent to end at $5.61, trading 56,445 stock units and tTech lost $1.05 to end at $4.70 after 18,037 shares changed hands.
At the close, the Junior Market Index declined 33.03 points to close at 2,522.97. Trading ended with 35 securities changing hands with the prices of 9 stocks rising, 14 declining and prices of 12 closing unchanged. The average PE Ratio of the Junior Market ended at 10 based on IC Insider.com’s forecasted 2020-21 earnings.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the Junior Market shows two stocks ended with bids higher than their last selling prices and two with lower offers.
Lasco Financial lost l2 cents to end at $2.49 after exchanging 43,312 shares. Lasco Manufacturing gained 4 cents to end at $3.60, with 23,350 units changing hands, Limners and Bards increased 4 cents to $2.49 in trading 1,138,812 stock units, Mailpac Group fell 4 cents to $2 with an exchange of 2,204,157 stock units. Medical Disposables shed 6 cents to end at $6.35 with 48,577 stock units crossing the exchange, Paramount Trading gained 1 cent to end at $1.81 with investors trading 580 stock units, SSL Venture dropped 4 cents to settle at 85 cents with 49,835 units changing hands. Stationery and Office Supplies declined by 20 cents to close at $5.60 in trading 16,097 units and tTech declined by 5 cents to settle at $5.75 in trading 59,153 stock units.