Trading closed Tuesday, with the volume of stocks rising 141 percent and the value surging 125 percent over Monday’s trades on the Junior Market of the Jamaica Stock Exchange and leading to 39 securities trading compared to 42 on Monday and ended with 19 rising, 14 declining and six remained unchanged after two stocks closed at 52 weeks’ highs.
At the close, the Junior Market Index popped 3.07 points to 3,338.44, after moving as high as just over 3,398 points at the opening of the market. The PE Ratio used to compute the relative value of a stock averages 13 based on ICInsider.com’s forecast of earnings for 2021-22 .
Trading ended with 16,279,953 shares changing hands for $44,882,928 compared to 7,252,436 units at $18,627,901 on Monday.
Derrimon Trading was the volume leader accounting for 63.2 percent, after trading 10.30 million shares, followed by Future Energy Source 7.2 percent with 1.17 million units and Jamaican Teas 6.4 percent, with 1.04 million units.
Trading averaged 417,435 units at $1,150,844 up from 172,677 at $443,521 on Monday. Trading month to date, averages 228,139 units at $648,542, compared to 218,269 units at $622,258 on Monday. May closed with an average of 318,089 units at $760,337.
Investor’s Choice bid-offer indicator reading shows two stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, Access Financial dropped 96 cents to $20.54 in exchanging 1,162 shares, Blue Power rallied 32 cents to $3.72, with an exchange of 4,300 shares. CAC 2000 spiked $1.58 to $12.10 in trading 8 stock units, Caribbean Assurance Brokers shed 9 cents to close at $1.91, with 21,950 shares clearing the market, Caribbean Cream popped 9 cents to $5.47, with the swapping of 10,261 units. Caribbean Flavours advanced 5 cents to $2.19, trading 3,913 stock units, Caribbean Producers gained 25 cents to end at $4.35 with the swapping of 497,682 units, Derrimon Trading fell 5 cents to $2.50 in exchanging 10,296,266 units. Dolphin Cove dropped 40 cents to $8 after 1,215 units crossed the market, Elite Diagnostic slipped 15 cents to $3, trading 11,001 units, Express Catering dropped 25 cents to $6.10 in exchanging 154,986 shares. Fosrich spiked 41 cents to $8.41 after trading 1,406 units, Future Energy Source gained 17 cents in ending at a 52 weeks’ high of $1.34, with 1,165,828 shares crossing the exchange, General Accident surged 43 cents to $5.68 with an exchange of 2,785 shares. GWest Corporation gained 19 cents ending at a 52 weeks’ high of $1.04 in an exchange of 59,289 units after the company posted audited accounts showing a small profit but with a large portion of income coming from revaluation gains on the investment property. Honey Bun dropped 15 cents to $6.85 after 67,279 units crossed the exchange, Indies Pharma rallied 30 cents to $3.55 in switching ownership of 17,910 units, Jamaican Teas fell 35 cents to $4.05 in trading 1,035,902 units, Jetcon Corporation shed 6 cents to $1.29 trading 2,500 shares. 
KLE Group slipped 12 cents to $1.23, in an exchange of 78,285 units, Knutsford Express surged $1.71 to $8.75 after an exchange of 6,342 shares, Lasco Distributors dropped 16 cents to $3.95, trading 83,468 stock units, Lasco Financial dipped 9 cents to $3.24 after exchanging 54,873 stock units. Mailpac Group rose 5 cents to $3.90 with the swapping of 609,404 stock units, Main Event rallied 23 cents to $5.43 in exchanging 33,206 stock units, SSL Venture dipped 5 cents to 60 cents with an exchange of 7,000 stock units and Stationery and Office Supplies rose 40 cents to $8 after an exchange of 600 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the close, Access Financial dropped $1.38 to $21.50 with 100 shares traded, AMG Packaging fell 14 cents to $1.56 with 55,000 stocks changing hands, Blue Power lost 20 cents to end at $3.40 with an exchange of 20,000 stock units. Caribbean Assurance Brokers rose 10 cents to $2 with a transfer of 1,000 shares, Caribbean Cream fell 37 cents to $5.38 in switching ownership of 29,168 units, Consolidated Bakeries added 5 cents to end at $1.75 with 1,660 stocks traded. Dolphin Cove slipped 10 cents to $8.40 with 382 stock units changing hands, Express Catering popped 90 cents to $6.35 with an exchange of 89,197 shares, General Accident fell 25 cents to $5.25 with a transfer of 5,000 stocks. GWest Corporation rose 5 cents to 85 cents with 195,827 units passing through the market, Honey Bun gained 5 cents to end at $7 with 5,500 stock units traded, Indies Pharma dropped 48 cents to $3.25 with 291,275 shares changing hands. Iron Rock Insurance slipped 7 cents to $3.03 with an exchange of 13,250 units, ISP Finance spiked $4.45 to $22.43 with a transfer of 100 stock units, Jamaican Teas slipped 7 cents to $4.40 with 1,410,943 stocks changing hands after the price hit an intraday high of $4.60. Jetcon Corporation dropped 13 cents to $1.35 with 78,559 shares traded, KLE Group rallied 10 cents to finish at $1.35 with 2,419 units changing hands, Knutsford Express shed $1.71 to close at $7.04 with an exchange of 5,426 stocks.
Lasco Distributors slipped 9 cents to $4.11 with a transfer of 229,778 stock units, Limners and Bards lost 8 cents to end at $3.01 with investors swapping 34,350 shares. Main Event fell 23 cents to $5.20 with 26,845 stocks traded. Medical Disposables dipped 30 cents to $4.22 with a transfer of 161,393 units and Stationery and Office Supplies declined by 40 cents to $7.60 with 40,000 stock units crossing the exchange.
Market activity led to 40 securities trading compared to 38 on Wednesday and ended with the prices of 21 stocks rising, 12 declining and seven closing unchanged.
Trading averaged 234,595 units at $1,015,411 in contrast to 131,513 at $378,920 on Wednesday. Trading month to date, ended with an average of 221,939 units at $628,682, compared to 221,140 units at $604,278 on Wednesday. May ended with an average of 318,089 units at $760,337.
Lasco Financial gained 13 cents to finish at $3.35 with 45,330 stocks changing hands, Limners and Bards rose 7 cents to $3.13 with 37,230 shares traded, Lumber Depot slipped 6 cents to $3.27 with a transfer of 153,063 stock units. Mailpac Group lost 5 cents to end at $3.90 with investors trading 1,539,082 units, Main Event popped 43 cents to $5.43 with 16,609 stocks changing hands and Paramount Trading fell 7 cents to a 52 weeks’ low of $1.15 with 875 shares crossing the exchange.
Market activity led to 38 securities trading compared to 40 on Tuesday and ended with 16 rising, 18 declining and four ending unchanged, resulting in the Market Index slipping 8.84 points to 3,327.71 for a second straight day of decline.
Investor’s Choice bid-offer indicator reading shows eight stocks ending with bids higher than their last selling prices and two with lower offers.
Lumber Depot lost 4 cents to close at $3.33 in an exchange of 129,259 shares, Mailpac Group gained 12 cents to close at $3.95 after trading 853,883 stock units, Main Event shed 35 cents to settle at $5 with an exchange of 46,090 units. Medical Disposables fell 39 cents to end at $4.61 with 17,104 shares changing hands, Stationery and Office Supplies lost 5 cents to end at $7.55, with 3,152 stocks crossing the market, Tropical Battery gained 5 cents to close at $1.42 after an exchange of 199,735 shares and tTech rose 4 cents to $4.79 in trading 1,011 stocks.
Market activity led to 40 securities trading, up from 35 on Monday, with prices of 14 rising, 18 declining and eight ending unchanged.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and one with a lower offer.
Medical Disposables spiked 49 cents to finish at $5 with an exchange of 591 shares, Stationery and Office Supplies dropped 40 cents to $7.60 with investors switching ownership of 7,500 stocks, Tropical Battery rose 6 cents to $1.37, with 331,978 units traded and tTech gained 5 cents to close at $4.75 with 5,298 stock units crossing the exchange.
The market was only above Friday’s close for one day in early January last year when the index closed at 3,378.20 points on January 3 and one day in June this year.
At the close, the Junior Market Index rose 12.12 points to settle at 3,367.03 to be up 39 points for the week as the market seems to be moving steadily away from the downward pull of resistance, just below 3,300. The PE Ratio, a measure that compares the relative value of each stock, averages 13 based on ICInsider.com’s 2021-22 earnings forecast.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and one with lower offers.
Lasco Distributors gained 8 cents to close at $4.10 with a transfer of 627,504 shares, Lasco Financial lost 15 cents to end at $3.07 in exchanging 116,562 stocks, Lasco Manufacturing fell 4 cents to $5.41 with 233,487 stock units crossing the market. Lumber Depot gained 10 cents to $3.29 with 509,063 shares changing hands, Stationery and Office Supplies shed 90 cents to close at $7.98 with the swapping of 70,956 stock units and tTech lost 10 cents to end at $4.70 after exchanging 6,072 units.
The Market Index added 15.14 points to close at 3,354.91 after moving up to 3,375.79 within six minutes of the opening.
Investor’s Choice bid-offer indicator reading shows three stocks ending with bids higher than their last selling prices and four with lower offers.
Knutsford Express climbed 15 cents to $8.90 with 7,058 units changing hands, Lasco Financial fell 27 cents to $3.22 with an exchange of 504,345 stocks, Limners and Bards advanced 15 cents to $3.15 with investors switching ownership of 49,198 stock units. Lumber Depot fell 11 cents to $3.19 with a transfer of 114,143 shares, Mailpac Group slipped 8 cents to $3.69 with 518,163 units traded, Main Event lost 20 cents to settle at $5 with 7,723 stocks changing hands.Medical Disposables dropped 40 cents to $4.50 with investors switching ownership of 18,945 stock units and Stationery and Office Supplies spiked 65 cents to $8.88 with 10,016 shares crossing the exchange.
Trading occurred in 36 securities down from 39 on Tuesday, with prices of nine stocks rising, 19 declining and eight unchanged.
Trading averaged 181,681 units at $540,799 in contrast to 163,493 at $555,626 on Tuesday. Month to date, trading averages 180,468 units at $573,202, compared to 180,362 units at $576,026 on Tuesday. May closed with an average of 318,089 units at $760,337.
Limners and Bards fell 15 cents to $3 with 239,291 units changing hands, Mailpac Group spiked 18 cents to $3.77 with 593,202 stocks traded, Main Event slipped 5 cents to $5.20 with investors switching ownership of 7,685 shares. SSL Venture rose 7 cents to 64 cents with a transfer of 11,998 units, Tropical Battery slipped 10 cents to $1.40 with 431,620 stocks changing hands and tTech shed 65 cents to close at $4.80 with 30,426 shares crossing the exchange.
Investors ended up trading 39 companies compared to 35 on Monday resulting in prices of 13 rising, 17 declining and nine closing unchanged and sent the prices of four stocks to 52 weeks high, with two of them closing at 52 weeks highs.
Trading averaged 163,493 units at $555,626 up from 130,808 shares at $365,764 on Monday. Month to date trading averages 180,362 units at $576,033, versus 182,121 units at $578,161 on Monday. May closed with an average of 318,089 units at $760,337.
Jamaican Teas picked up 8 cents to end at $4 with an exchange of 479,657 units, Jetcon Corporation fell 11 cents to $1.79 with 526,581 stocks passing through the market. Knutsford Express declined by 45 cents to $8 with 773 stock units traded, Lasco Distributors climbed 19 cents to $4 with a transfer of 140,313 shares, Lasco Financial lost 10 cents to end at $3.50 with an exchange of 76,876 stocks. Limners and Bards increased by 10 cents to finish at $3.15, with 198,295 units changing hands, Lumber Depot fell 12 cents to $3.33 with investors switching ownership of 87,864 shares, Main Event advanced 25 cents to $5.25 with 37,950 units traded after hitting an intraday 52 weeks’ high of $5.45. Medical Disposables slipped 10 cents to $4.90 with a transfer of 88,203 stock units, Stationery and Office Supplies climbed 23 cents to $8.23 with 6,802 units changing hands and Tropical Battery rose 5 cents to close at 52 weeks’ high of $1.50, with 283,760 shares crossing the exchange.