Trading dominance belonged to Future Energy Source on Wednesday after accounting for 84.5 percent of the total market volume after an exchange of 12.64 million shares, with the price closing at a record closing high of $1.65 after 15 cents to be up 106 percent since listing in April this year, but after hitting an intraday record of $1.87 on the Junior Market.
Trading closed with the index falling 19.75 points to 3,376.58 as investors exchanged 352 percent more shares than on Tuesday at 161 percent greater value after 35 securities traded, compared to 37 on Tuesday and ending with 12 rising, 16 declining and seven closing unchanged.
At the close, the PE Ratio, one measure used to compute an appropriate value, for a stock averages 13.3 based on ICInsider.com’s 2021-22 earnings forecast.
Trading ended with 14,960,503 shares changing hands for $26,802,592, up from 3,308,374 units at $10,279,533 on Tuesday. Lumber Depot accounted for 4.5 percent of the day’s traded volume, with 679,182 units and Jamaican Teas chipped in with 2.2 percent market share with an exchange of 331,837 units.
Trading averaged 427,443 units at $765,788 in contrast to 89,416 at $277,825 on Tuesday. Month to date trades averaged 175,027 units at $475,907, compared to 147,927 units at $444,785 on Tuesday. June closed with an average of 225,705 units at $644,459.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Access Financial spiked $2.23 to $22.87 with 890 shares changing hands, AMG Packaging slipped 5 cents to $1.52, trading 46,000 stock units, Blue Power rose 7 cents to $3.60 in switching ownership of 50,766 units. Caribbean Assurance Brokers gained 20 cents to close at $1.98 with an exchange of 750 stocks, Caribbean Cream advanced 20 cents to $5.70 with a transfer of 434 shares, Everything Fresh fell 6 cents to $1 with 61,313 stock units changing hands. Express Catering rallied 24 cents to $6.24 with 52,479 units traded, Fosrich spiked 65 cents to $8.25 with 2,180 stocks passing through the market. GWest Corporation dropped 13 cents to $1.05 with a transfer of 150 stock units, Honey Bun rallied 23 cents to $6.76 with 1,800 stocks changing hands, Indies Pharma shed 44 cents to $3.46, with 69,587 units traded. KLE Group fell 20 cents to $1.10 in switching ownership of 28,301 shares, Knutsford Express jumped 55 cents to $7.70 with an exchange of 11,632 stock units, Lasco Distributors dropped 19 cents to $3.90, with a transfer of 7,352 units. Lasco Manufacturing popped 5 cents to $5.40 with 99,156 stocks changing hands, Limners and Bards slipped 5 cents to $3.16, with 26,896 shares traded, Mailpac Group added 5 cents to finish at $3.88 with an exchange of 302,756 stock units.
Main Event dipped 60 cents to $4.83 with 2,000 units through the market, Paramount Trading fell 21 cents to $1.16 with a transfer of 74,993 stocks, Stationery and Office Supplies slipped 10 cents to $7.90, with 26,930 stock units changing hands and Tropical Battery dipped 5 cents to $1.38 with 154,925 shares crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
A total of 37 securities traded up from 36 on Monday and ended with 17 rising, 13 declining and seven closing unchanged.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and two with lower offers.
Lasco Financial gained 17 cents to end at $3.32 in switching ownership of 6,510 shares, Lasco Manufacturing picked up 9 cents in closing at $5.35 with a transfer of 6,025 stock units, Mailpac Group fell 11 cents to $3.83 with the swapping of 347,242 shares, Medical Disposables dipped 15 cents to $5 with an exchange of 40,174 units. Paramount Trading rallied 21 cents to settle at $1.37 in exchanging 687 stocks and Stationery and Office Supplies popped 25 cents to $8 in trading 29,956 shares.
The Junior Market Index popped 7.42 points to settle at 3,363.37, at the close. The PE Ratio, a measure used to compute an appropriate value of a stock, averages 12.9 based on ICInsider.com’s 2021-22 earnings forecast.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and two with lower offers.
Jamaican Teas lost 5 cents to close at $4 after exchanging 529,940 shares, Jetcon Corporation popped 5 cents to $1.40 in trading 400,714 stock units, Lasco Manufacturing fell 14 cents to $5.26 after crossing the market with 49,316 stocks, Limners and Bards slipped 7 cents to $3.20 with 12,000 shares changing hands. Lumber Depot fell 10 cents to $3.40 in an exchange of 55,086 stock units, Mailpac Group rallied 24 cents to $3.94 after 703,806 stocks crossed the exchange, Medical Disposables spiked 25 cents to $5.15 with the swapping of 200 units and Paramount Trading lost 10 cents in closing at $1.16 in exchanging 205,348 stock units.
Thirty five (35) securities traded versus 36 on Thursday and ended with prices of 15 stocks rising, 12 declining and eight, closing unchanged.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and two with lower offers.
Lasco Distributors dropped 29 cents to $3.90, trading 11,117 shares, Lasco Financial fell 14 cents to $3.15, with 932,128 units changing hands, Lasco Manufacturing rose 10 cents to $5.40 with an exchange of 71,538 shares. Lumber Depot popped 5 cents to $3.50 with 215,589 stocks passing through the market, Mailpac Group slipped 5 cents to $3.70, with 244,779 units traded, Main Event spiked 40 cents to $5.40 with 600 stock units changing hands and Medical Disposables bolted 49 cents to $4.90, with 22,569 shares crossing the exchange.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and one with a lower offer.
Lasco Manufacturing declined by 15 cents to $5.30, with 15,298 units changing hands. Limners and Bards gained 14 cents to finish at $3.26 with 56,144 stocks traded, Lumber Depot rose 5 cents to $3.45 with a transfer of 436,393 stocks and SSL Venture rallied 10 cents to 78 cents with 600 shares crossing the exchange.
Thirty eight (38) securities traded from 39 on Tuesday and ended with prices 22 rising, 11 declining and five closing unchanged.
At the close, Access Financial jumped $1.61 to $22.70 with 200 shares changing hands, Blue Power rose 10 cents to $3.50, with an exchange of 11,360 units, Cargo Handlers shed 70 cents to $7.80 in trading 5,913 stocks. Caribbean Assurance Brokers gained 10 cents to close at $1.99, with a transfer of 3,655 shares, Caribbean Cream rallied 5 cents to $5.75 with an exchange of 1,748 units, Caribbean Flavours popped 7 cents to $2.16, with 2,000,340 stocks changing hands. Caribbean Producers rose 5 cents to a 52 weeks’ high of $4.75, with 232,325 shares passing through the market, Elite Diagnostic rallied 6 cents to $3.11 in swapping 53,864 units, Express Catering climbed 30 cents to $6.30, with 15,250 stocks traded. Fontana slipped 5 cents to $6.02, with a transfer of 37,705 shares, GWest Corporation slipped 6 cents to $1.09, with 68,788 units clearing the market, Indies Pharma rose 7 cents to $3.70 in an exchange of 10,249 units. Iron Rock Insurance climbed 39 cents to $3.39 with 12,310 stocks changing hands, Jamaican Teas slipped 5 cents to $4.05 in switching ownership of 111,288 shares, KLE Group popped 30 cents to $1.35 with 8,422 units traded. Lasco Distributors rose 8 cents to $4, with a transfer of 34,518 stocks, Lasco Manufacturing rose 6 cents to $5.45 with an exchange of 420,003 shares, Limners and Bards fell 14 cents to $3.12 with 914 stock units changing hands.
Lumber Depot rose 9 cents to $3.40, with 235,690 shares changing hands, Main Event climbed 30 cents to $5 with 23,226 stocks traded, Medical Disposables shed 44 cents to close at $4.41 with a transfer of 48,748 units. Stationery and Office Supplies slipped 5 cents to $7.75, with 51,207 stock units changing hands and tTech spiked 33 cents to $4.75, with 125 shares crossing the exchange.
Market activity led to 39 securities trading compared to 34 on Monday and ended with 12 rising, 19 declining and eight, closing unchanged.
CAC 2000 popped 98 cents to $11.50 while trading 5,035 shares. Cargo Handlers gained 49 cents in closing at $8.50 after an exchange of 125 stock units, Caribbean Assurance Brokers fell 10 cents to $1.89 after trading 6,021 units, Caribbean Cream rallied 20 cents to close at $5.70, with 31,000 units clearing the market. Dolphin Cove fell 10 cents to $8.30 in an exchange of 280 shares. Elite Diagnostic rose 10 cents to $3.05, with 9,859 units changing hands, Express Catering declined 9 cents to $6 in switching ownership of 63,500 units. Fontana rose 11 cents to $6.07 in exchanging 53,427 shares, Fosrich dropped 7 cents in closing at $8.30, after 41,684 shares crossed the market, Future Energy Source climbed 3 cents to $1.40 trading 786,406 stocks. GWest Corporation shed 25 cents in ending at $1.15 with the swapping of 25,000 units, Indies Pharma lost 25 cents to end at $3.63, with 24,137 stocks changing hands. Iron Rock Insurance fell 45 cents to $3 in switching ownership of 2,000 stocks, ISP Finance dived $4.10 to $17.30, after 30 units crossed the market, Jetcon Corporation advanced 17 cents to $1.52 in trading 440 stock units. Knutsford Express shed 50 cents to $8 after exchanging 7,580 units, Lasco Distributors declined 8 cents to $3.92, with 217,436 shares clearing the market, Lasco Manufacturing shed 6 cents to end at $5.39 after trading 14,340 stocks, Limners and Bards rallied 16 cents to $3.26 in switching ownership of 54,169 stock units, Lumber Depot fell 9 cents to $3.31, with 201,050 shares clearing the exchange.
Mailpac Group fell 6 cents to $3.72 with the swapping of 267,809 shares, Main Event dropped 72 cents to close at $4.70 after exchanging 37,322 units, Medical Disposables slipped 5 cents to $4.85 in an exchange of 15,000 stocks and Stationery and Office Supplies dipped 20 cents to $7.80, with 4,593 units clearing the market.
Overall, 34 securities traded down from 37 on Friday and ended with the prices rising and declining, closing with 14 each as six closed unchanged.
Trading averaged 108,356 units at $274,142 compare to 242,219 at $451,081 on Friday. For the month to date trading averages 180,075 units at $385,610, compared to 214,420 units at $438,989 on Friday. June closed with an average of 225,705 units at $644,459.
Lasco Distributors lost 22 cents to finish at $4 with 73,010 shares traded, Lasco Financial dipped 5 cents to $3.28 with investors switching ownership of 36,613 stocks, Limners and Bards popped 5 cents to $3.10 with 36,211 units changing hands. Medical Disposables declined by 5 cents to $4.90 with a transfer of 12,792 stock units and Stationery and Office Supplies climbed 20 cents to $8 with 467 shares crossing the exchange.
The Junior Market Index slipped a mere 0.21 points to end at 3,402.30 after moving up to 3,440,85 points within half an hour of the opening.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and three with lower offers.
Main Event popped 23 cents to $5.43 with an exchange of 3,340 stock units, Medical Disposables climbed 20 cents to $4.95 with 5,202 shares traded, Stationery and Office Supplies gained 15 cents to end at $7.80, with a transfer of 5,639 stocks, Tropical Battery slipped 5 cents to $1.44 with 242,180 units changing hands and tTech shed 35 cents to close at $4.40 with 400 shares crossing the exchange.
Trading averaged 177,816 units at $565,968 in contrast to 417,435 shares at $1,150,844 on Tuesday. The month to date trading averaged 225,705 units at $644,463, compared to 228,139 units at $648,452 on Tuesday. May closed with an average of 318,089 units at $760,337.
Limners and Bards popped 28 cents to $3.30 with an exchange of 275,726 stock units, Lumber Depot dipped 7 cents to $3.27, with 406,905 shares changing hands, Medical Disposables climbed 48 cents to $4.73 with 405,627 units passing through the market, Paramount Trading rose 11 cents to $1.26 with 376,855 stocks traded and Stationery and Office Supplies shed 40 cents to close at $7.60, with 3,622 shares crossing the exchange.