Trading closed on the Junior Market on Friday, with a 41.75 points rise in the index for the week but gave up many points from the peak during the week when the market surged nearly 83 points in two only to be dragged down by 62 points on Wednesday and picked up small gains on the last two days of the week to hold above the 3,300 points on Friday.
Similar to Thursday, 37 securities traded on Friday and ended, with 14 rising, 13 declining and 10 closing unchanged. The Junior Market Index gained 12.34 points to settle at 3,311.18. The PE Ratio, a measure used to compute appropriate stock values, averages 11.4 based on ICInsider.com’s 2021-22 earnings forecast.
Trading ended, with the volume ending up 54 percent less than on Thursday, with 11,413,177 shares changing hands for $38,157,077 compared to 24,561,305 units at $37,976,789 Thursday. Future Energy Source commanded 38.1 percent market share, with 4.34 million shares, followed by Lumber Depot with 22.3 percent of the day’s trade or 2.54 million units and Fosrich 8.8 percent after an exchange of 1.01 million units.
Trading averaged 308,464 units at $1,031,272 in contrast to 663,819 at $1,026,400 on Thursday. Month to date trading averages 265,110 units at $777,273, versus 261,187 units at $754,295 on Thursday. July closed with an average of 163,918 units at $481,755.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Caribbean Cream fell 37 cents to $5.35 with 96,995 shares changing hands, Dolphin Cove bolted 86 cents to $9.86 with an exchange of 890 stock units, Express Catering spiked 75 cents to $6.15, with 125,300 units traded. Fontana climbed 42 cents to $6.24, with a transfer of 437,819 shares, Fosrich shed 21 cents to close at $8.10 with 1,007,045 stocks trading, Future Energy Source spiked 14 cents to a 52 weeks’ high of $2.37 with 4,344,838 units changing hands. General Accident slipped 6 cents to $5.50 with an exchange of 200,407 stock units, iCreate rose 6 cents to 85 cents with 23,100 shares traded, Indies Pharma rallied 27 cents to $3.88 with a transfer of 173,076 units. Jetcon Corporation advanced 17 cents to $1.17 with 17,000 stocks passing through the market, KLE Group fell 22 cents to 95 cents with 2,017 stock units changing hands, Knutsford Express rose 10 cents to $8 with an exchange of 2,894 units. Lasco Distributors dropped 14 cents to $3.80 with 124,400 shares traded. Lasco Financial climbed 19 cents to $3.19 with a transfer of 43,800 stocks, Lasco Manufacturing declined by 25 cents to finish at $4.95 with investors switching ownership of 27,978 stock units. Main Event rallied 35 cents to $4.85 with 26,114 shares changing hands, Medical Disposables climbed 28 cents to $5.09 to finish with 98,477 units traded, SSL Venture dropped 16 cents to 64 cents with a transfer of 20,625 stocks. Stationery and Office Supplies shed $1.65 to close at $5.75 with investors switching ownership of 5,077 units and Tropical Battery rose 5 cents to $1.34 with 220,632 shares crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.