Rising stocks price were equal to declining stocks at the close of trading on the Junior Market of the Jamaica Stock Exchange, with the market slipping for a second consecutive day and resulted in the Market Index falling 8.55 points to settle at 2,533.26.
Trading ended with 32 securities changing hands compared to 34 on Wednesday and concluded with the prices of 11 stocks rising, 11 declining and 10 remaining unchanged. At the close, the average PE Ratio ended at 12.7 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with 17 percent more shares trading than on Wednesday after 3,353,944 shares changed hands for $7,247,408, 21 percent higher than the $5,973,152 allowing for the trading of 2,855,958 units on Wednesday. Jetcon Corporation led trading with 38.9 percent of total volume with 1.31 million shares, followed by Tropical Battery with 17.5 percent of the day’s trade with a transfer of 588,526 units and Mailpac Group with 13.3 percent market share or 446,042 units.
Trading ended with an average of 104,811 units at $226,481 in contrast to 83,999 at $175,677 on Wednesday. For the month to date, the average trade resulted in an exchange of 202,892 units at $564,142, compared to 210,208 units at $589,328 on Wednesday.
October averaged 230,868 units at $535,509 for each traded security.
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 two with lower offers.
At the close of the market, Access Financial gained 10 cents to end at $22 with an exchange of 2,998 shares, AMG Packaging lost 6 cents to finish at $1.54 with the trading of 21,524 units, Blue Power fell 16 cents to $3.30 and swpped 504 shares. Caribbean Assurance Brokers rose 4 cents to close at $1.85 with investors switching ownership of 1,000 stocks, Caribbean Flavours gained 10 cents to end at $1.81 with 59,500 units changing hands, Caribbean Producers slipped 2 cents and exchanged 4,500 shares to finish at $2.34. Elite Diagnostic declined 1 cent to $3.10 with 15,000 stocks passing through the market, Everything Fresh increased by 3 cents to 73 cents trading 22,181 shares, Express Catering rose 2 cents to $3.76 with a transfer of 450 units. Fontana advanced 10 cents to finish at $5.30 with 65,496 stocks changing hands, Fosrich gained 6 cents to settle at $3.99 with an exchange of 17,225 units, Indies Pharma climbed 15 cents to close at $2.75 with 7,016 shares passing through the market.
Jamaican Teas lost 20 cents to end at $6.15 with 275,731 units traded, Knutsford Express shed 67 cents to finish at $6.03 with investors switching ownership of 17,304 stocks, Lasco Distributors fell 14 cents to $3.15 with 5,000 units changing hands. Lasco Manufacturing lost 2 cents and traded 47,576 shares to close at $3.79, Limners and Bards advanced 11 cents to $2.59 with a transfer of 17,900 stocks, Lumber Depot gained 8 cents to finish at $1.25 with 4,477 shares changing hands. Mailpac Group exchanged 446,042 units and slipped 1 cent to settle at $2.17, Main Event jumped 50 cents to close at $3.49 with a mere 331 shares passing through the market and Medical Disposables lost 10 cents to end at $4.40 with 1,316 stocks crossing the exchange.
In the preference segment, CAC 2000 9.5% fell 15 cents to settle at 99 cents with 24,902 units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading ended with 34 securities changing hands compared to 30 on Tuesday and closed with the prices of 12 stocks rising, 16 declining and six remaining unchanged.
At the close of the market, Access Financial rose $1.88 to close at $21.90, with just 22 shares changing hands, Cargo Handlers gained 4 cents to settle at $6.34, after an exchange of 45,000 stocks, Caribbean Cream lost 6 cents to end at $4.07, switching ownership of 350 units. Caribbean Flavours closed at $1.71, after losing 11 with the trading of 413,643 shares, Caribbean Producers picked up 2 cents in closing at $2.36, in exchanging 2,785 stock units, Consolidated Bakeries lost 8 cents in ending at $1.38 and trading 1,082 units. Derrimon Trading lost 20 cents to close at $2.50, with an exchange of 1,903 stock units, Elite Diagnostic gained 1 cent to end at $3.11 after a transfer of 20,500 stocks, Everything Fresh lost 1 cent to settle at 70 cents, in trading 33,136 shares. Fontana closed 19 cents lower at $5.20, after 47,359 stock units crossed the exchange, Fosrich rose 23 cents to $3.93, in a transfer of 33,540 shares, Honey Bun gained 5 cents in closing at $4.85, after trading 51,403 stock units. Indies Pharma lost 22 cents to settle at $2.60, with 76,509 shares changing hands, Iron Rock Insurance shed 21 cents to end at $3, in exchanging 20,492 units. Jamaican Teas rose 35 cents $6.35, in switching ownership of 123,595 shares. Jetcon Corporation fell 15 cents to end at 70 cents, with 457,555 shares crossing the exchange, Knutsford Express carved out a loss of 10 cents in closing at $6.70 after 50,003 shares changed hands, Lasco Financial gained 1 cent to end at $2.65 trading 1,575 units. Lasco Manufacturing declined 18 cents to $3.81 and finishing with a transfer of 10,000 stock units, Limners and Bards picked up 2 cents to close at $2.48, with an exchange of 190,264 shares. Lumber Depot gained 2 cents to end at $1.17, in trading 196,219 stock units.
Mailpac Group lost 2 cents to close at $2.18, clearing the market with 466,426 units, Medical Disposables shed 17 cents to settle at $4.50, with 246 stocks changing hands, Paramount Trading lost 14 cents to close at $1.35, after an exchange of 49,855 shares. SSL Venture settled at 53 cents, with a loss of 2 cents trading 21,532 stock units, Tropical Battery lost 1 cent to end at $1.20, in crossing the exchange with 341,083 shares and tTech carved out a gain of 20 cents to settle at $5.65, after trading 4,234 units.
At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows four stocks ending with bids higher than their last selling prices and one with lower offers.
Honey Bun lost 1 cent in ending at $4.84, with 2,230 units changing hands, iCreate shed 2 cents to settle at 65 cents after 113,097 shares crossed the exchange, Iron Rock Insurance rose 1 cent to close at $3.21, with 10,501 stock units changing hands. Jamaican Teas gained 36 cents to close at $5.95, in crossing the market with 318,824 shares, Jetcon Corporation closed 7 cents higher at 85 cents, with 1,500 units crossing the exchange, Knutsford Express gained 20 cents in closing at $6.70, trading 8,731 units. Lasco Distributors lost 13 cents to finish at $3.01, with investors swapping 62,362 shares, Lasco Manufacturing rose 10 cents to $4 after exchanging 22,072,049 shares, Limners and Bards gained 2 cents to close at $2.55, with an exchange of 11,626 stock units. Lumber Depot lost 2 cents to settle at $1.25 after 316,007 shares crossed the market, Mailpac Group gained 7 cents to end at $2.21, with an exchange of 771,442 shares, Main Event rose 1 cent to $3 in trading 228,412 shares. Medical Disposables shed 37 cents to end at $4.30, transferring 2,000 units, Paramount Trading gained 7 cents in closing at $1.58, with an exchange of 52,014 shares and Stationery and Office Supplies picked up 5 cents to settle at $4.55, with 36,430 stock units changing hands.
At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows five stocks ended with bids higher than their last selling prices and two with lower offers.
Knutsford Express dropped 19 cents to settle at $6.50 with 15,363 shares passing through the market, Lasco Financial declined by 8 cents to finish at $2.65 with 4,955 units changing hands, Lasco Manufacturing fell 8 cents to end at $3.90 with 80,403 shares traded. Limners and Bards rose 3 cents to close at $2.53 with 20,067 stock units changing hands, Lumber Depot slipped 2 cents to $1.27 with 45,351 units passing through the market, Mailpac Group exchanged 9,384,664 shares and advanced 14 cents to settle at $2.14. Medical Disposables climbed 39 cents to finish at $4.67 with a transfer of 7,738 stocks, Stationery and Office Supplies lost 4 cents to end at $4.50 trading 2,522 stocks and Tropical Battery slipped 1 cent to close at $1.24 with 285,848 stock units crossing the exchange.
Trading ended with 35 securities changing hands, the same as on Friday and closed with the prices of 13 rising, 15 declining and seven remained unchanged.
At the end of trading, the Investor’s Choice bid-offer indicator reading shows two stocks ending with bids higher than their last selling prices and six with lower offers.
Iron Rock Insurance gained 20 cents to close at $3.20 trading 20,000 units, ISP Finance declined by $1.45 to $21, after exchanging 50 stocks, Jamaican Teas fell 18 cents to $5.22, with the trading of 305,152 shares. Jetcon Corporation added 10 cents to end at 85 cents after trading 201 units, Lasco Distributors lost 1 cent to close at $3.14 with the trading of 112,895 shares, Lasco Financial rose 13 cents to $2.73, with an exchange of 224,994 stock units. Lasco Manufacturing closed 23 cents higher to $3.98 in trading 145,776 shares, Lumber Depot gained 2 cents to close at $1.29 after exchanging 485,198 stock units, Medical Disposables advanced 3 cents to $4.28 after trading 20,000 shares. Paramount Trading shed 9 cents to end at $1.51, in exchanging 1,500 units, Stationery and Office Supplies lost 1 cent in closing at $4.54, with 34,000 shares changing hands, Tropical Battery gained 4 cents to close at $1.25, in exchanging 749,717 shares and tTech dropped $1.70 to $5 trading 16,032 stock units.
Trading ended with 35 securities changing hands, up from 34 on Thursday and finished with 13 stocks rising, the prices of 15 declining and seven with prices remaining unchanged.
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.
GWest Corporation lost 1 cent to settle at 88 cents with 100 shares traded, Indies Pharma gained 10 cents to close at $2.60 in the transfer of 16,575 stocks, Iron Rock Insurance dropped 20 cents to end at $3 with 17,544 stock units changing hands. Jetcon Corporation dipped 5 cents to finish at 75 cents after exchanging 74,587 stocks, Knutsford Express fell 11 cents to $6.69 with 329 shares passing through the market, Lasco Distributors increased 1 cent to close at $3.15 trading of 67,623 stock units. Lasco Financial lost 10 cents to end at $2.60 with 344,300 stock units changing hands, Lasco Manufacturing rose 5 cents to finish at $3.75 with a transfer of 17,883 shares, Limners and Bards dipped 1 cent and exchanged 369,298 stocks to settle at $2.50. Lumber Depot slipped 3 cents to close at $1.27 with 142,641 stock units passing through the market, Mailpac Group gained 1 cent, trading 690,324 shares to end at $2, Main Event fell 1 cent to finish at $2.99 with 1,000 stocks changing hands. Paramount Trading shed 30 cents to settle at $1.60 with investors transferring 97,894 stocks, Tropical Battery lost 3 cents to close at $1.21 with 601,792 shares traded and tTech jumped $2.60 to end at $6.70 with 40 units crossing the exchange.
At the close of the market, Access Financial dropped $7.24 to end at $19, with an exchange of 5,604 units, AMG Packaging lost 12 cents to close at $1.60 trading 149,249 shares, Caribbean Assurance Brokers gained 14 cents in crossing the exchange with 10,100 stock units to settle at $1.94. Caribbean Cream shed 70 cents in closing at $4, with 86,153 shares changing hands, Caribbean Flavours lost 3 cents to finish at $1.68, in exchanging 720 units, Caribbean Producers ended at $2.30, after losing 1 cent trading 23,476 shares. Derrimon Trading slipped 5 cents to $2.50, in exchanging 31,574 stock units, Dolphin Cove gained 87 cents to close at $6.99, with 800 units changing hands, Elite Diagnostic carved out a gain of 18 cents in closing at $3.28, after crossing the exchange with 500 units. Everything Fresh closed at 74 cents, with a loss of 4 cents after investors switched ownership of 213,195 shares, Express Catering lost 20 cents ending at $3.30, in crossing the market with 21,115 stock units, Fontana gained 1 cent to end at $5 trading 95,477 shares Fosrich shed 15 cents to settle at $3.35, in exchanging 6,238 units, General Accident gained 2 cents to finish at $6.02, with investors switching ownership of 4,258 units, Honey Bun rose to $4.85, with gains of 11 cents after exchanging 41,800 shares. iCreate lost 1 cent trading 30,160 stock units and closed at 69 cents, Iron Rock Insurance lost 1 cent in closing at $2.50, with 38,994 stock units changing hands, Jamaican Teas rose 5 cents to settle at $5.05 trading 162,161 shares.
Jetcon Corporation lost 7 cents to close at 80 cents, after an exchange of 200 units, Knutsford Express gained 55 cents in closing at $6.85, in trading 1,100 units, Lasco Financial rose 33 cents to $2.39, in trading 1,126,688 shares, following release of half-year results, showing a strong rise in profit in the second quarter. Lasco Manufacturing gained 33 cents to end at $3.69, with an exchange of 19,150 units, Limners and Bards lost 16 cents to close at $2.52, in trading 71,289 shares, Lumber Depot rose to $1.30, with gains of 13 cents in a transfer of 4,240,914 shares. Mailpac Group lost 1 cent to close at $1.98, trading 239,291 shares, Main Event shed 4 cents to end at $2.98, with 2,500 units passing through the market, Medical Disposables slipped 8 cents to close at $4.67, with investors swapping 1,000 units. Paramount Trading gained 22 cents to settle at $1.90, in an exchange of 100 units, SSL Venture ended at 59 cents, after gaining 4 cents with investors swapping 9,943 units, Stationery and Office Supplies closed 30 cents higher at $4.80, with 3,482 units changing hands. Tropical Battery shed 11 cents to settle at $1.16, in clearing the market with 489,722 shares and tTech gained 50 cents in closing at $5.50 and crossing the exchange with 43,402 stock units.
At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows nine stocks ended with bids higher than their last selling prices and three with lower offers.
iCreate rose 5 cents to 70 cents with an exchange of 100 stock units, Iron Rock Insurance declined 1 cent to settle at $2.51 with 40,000 units changing hands, Jetcon Corporation increased by 17 cents to end at 87 cents with 61,007 stock units passing through the market. Knutsford Express jumped 59 cents to finish at $6.30 with 55,297 stocks trading, Lasco Distributors fell 10 cents to close at $3 with investors switching ownership of 155,724 stocks, Lasco Financial rose 1 cent to settle at $2.06 with 47,000 units changing hands. Lasco Manufacturing dropped 23 cents to end at $3.36 with 100,100 stock units passing through the market, Limners and Bards increased 16 cents and exchanged 4,125,730 stocks to close at $2.68, Lumber Depot fell 3 cents to $1.17 with 1,081,876 units traded. Mailpac Group gained 1 cent to end at $1.99 with 205,592 stock units changing hands, Medical Disposables advanced 45 cents to finish at $4.75 with 19,572 shares passing through the market, Paramount Trading lost 2 cents to close at $1.68 with investors transferring 4,000 shares and Tropical Battery rose 4 cents to end at $1.27 with 767,279 stock units crossing the exchange.
At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows 10 stocks ended with bids higher than their last selling prices and two with lower offers.
Fontana advanced 10 cents to close at $4.81 with 98,078 units passing through the market, Fosrich dropped 29 cents to end at $3.21 with 207,627 stocks changing hands, GWest Corporation increased 11 cents to settle at 89 cents with 2,019 stocks changing hands. iCreate lost 5 cents to finish at 65 cents with a transfer of 3,261 units, Indies Pharma gained 7 cents to close at $2.70 with an exchange of 24,897 stock units, ISP Finance jumped $1.50 to $22.50 with 156 shares passing through the market. Jamaican Teas advanced 13 cents to settle at $5 with 35,429 stock units changing hands, Jetcon Corporation fell 12 cents to close at 70 cents with 156,951 shares traded, Knutsford Express shed 59 cents to end at $5.71 with the swapping of 40,257 shares. Lasco Distributors declined 5 cents to settle at $3.10 in exchanging 105,600 stocks, Lasco Manufacturing increased 19 cents to finish at $3.59 with 110,395 shares passing through the market, Limners and Bards closed 5 cents higher at $2.52 with 213,000 stock units changing hands. Lumber Depot climbed 10 cents in exchanging 672,209 units to end at $1.20, Main Event dropped 68 cents to settle at $3.02 with investors transferring 1,680 units, Medical Disposables lost 5 cents to finish at $4.30 with 24,811 shares trading and Tropical Battery gained 3 cents to close at $1.23 with 469,072 shares crossing the exchange.
Trading ended with 34 securities changing hands compared to 38 on Tuesday and closed with the prices of 13 stocks rising, 12 declining and nine remaining unchanged.
Trading in September resulted in an average of 119,171 units at $249,355 trading.
ISP Finance declined $2.50 to $21, with investors swapping ownership of 212 units. Jamaican Teas lost 10 cents to settle at $4.87, in clearing the market with 27,227 stock units, Jetcon Corporation gained 13 cents in closing at 82 cents, trading 1,000 units, Lasco Financial lost 2 cents to close at $2.05 trading 143,268 shares. Limners and Bards shed 13 cents to finish at $2.47, with investors switching 58,980 shares, Lumber Depot fell 4 cents to $1.10, in exchanging 69,721 shares, Mailpac Group ended 2 cents higher at $1.98, in transferring 210,100 shares. Medical Disposables slipped 45 cents to $4.35, with an exchange of 11,210 units, Paramount Trading gained 20 cents in closing at $1.70, in trading 40,953 stock units, SSL Venture lost 4 cents to finish at 55 cents transferring 26,000 units and tTech shed 50 cents to end at $5, with an exchange of 9,600 units.