The Junior Market of the Jamaica Stock Exchange closed on Thursday, with the market rising as more stocks rose than fell after trading 67 percent more shares than on Wednesday.
Trading ended with 36 securities changing hands compared to 34 on Wednesday and ended with the prices of 15 stocks rising, the prices of 13 declining and eight with prices remaining unchanged.
At the close, the Junior Market Index climbed 31.64 points to 2,459.89. The average PE Ratio ended at 10.7 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 3,541,908 shares for $7,409,597 compared to 2,113,018 units at $4,468,027 on Wednesday.
Lumber Depot led trading with 19 percent of the total volume with 672,209 shares changing hands, followed by AMG Packaging with 14.1 percent for an exchange of 499,469 units and Tropical Battery with 13.2 percent market share accounting for 469,072 stock units.
Trading ended with an average of 98,386 units at $205,822 in contrast to 62,148 at $131,413 on Wednesday. For October to date, the average trade resulted in an exchange of 228,645 units at $514,337, compared to 235,995 units at $531,745 on Wednesday. Trading in September ended with an average of 119,171 units at $249,355.
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.
At the close of the market, Access Financial climbed $2 to end at $21 with a transfer of 8,641 shares, AMG Packaging declined by 13 cents and exchanged 499,469 units to settle at $1.71, Blue Power rose 2 cents to finish at $3.47, with 599 stock units passing through the market. Caribbean Assurance Brokers gained 10 cents to close at $1.95 with 15,009 shares traded, Caribbean Cream dropped 90 cents to end at $4 with 80,001 stocks changing hands, Caribbean Flavours slipped 1 cent to $1.73 with investors switching ownership of 22,011 stock units. Caribbean Producers fell 15 cents end at $2.15, with an exchange of 118,507 stocks, Consolidated Bakeries gained 4 cents to finish at $1.43 with 17 shares passing through the market, Derrimon Trading lost 13 cents to close at $2.39 with 70,528 units changing hands. Elite Diagnostic rose 4 cents to end at $3.09, trading 37,093 stock units, Everything Fresh lost 5 cents to settle at 72 cents with investors transferring 82,826 shares, Express Catering climbed 25 cents to finish at $3.75 with an exchange of 812 shares.
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.
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 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.
Trading concluded with 38 securities changing hands compared to 37 on Monday and ended with the prices of 11 stocks rising, 21 declining and six 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 three with lower offers.
Fontana fell 5 cents to close at $4.80 with 238,266 shares passing through the market, Fosrich lost 4 cents to end at $3.16 with 5,205 stocks traded, General Accident dropped 14 cents and exchanged 4,614,219 stock units to finish at $6. GWest Corporation fell 12 cents to 78 cents with 11,863 stocks changing hands, Honey Bun fell 1 cent to $4.73 after the trading of 33,925 stock units, iCreate declined by 3 cents to close at 67 cents with 25,200 stock units passing through the market. Indies Pharma increased by 7 cents to end at $2.82 with 55,824 stocks traded, ISP Finance jumped $5 to finish at $23.50 with an exchange of 241 shares, Jamaican Teas lost 2 cents to settle at $4.97 with 56,823 stock units changing hands. Jetcon Corporation dipped 11 cents to close at 69 cents with 493,155 units changing hands, Knutsford Express shed 60 cents to end at $6.30 with the transferring of 16,100 shares, Lasco Distributors rose 10 cents to finish at $3.15 with 99,650 units passing through the market. Lasco Financial dropped 2 cents to settle at $2.07 with 81,825 units traded, Limners and Bards declined by 6 cents to close at $2.60 with an exchange of 19,201 units, Lumber Depot climbed 10 cents, exchanging 640,674 stock units to end at $1.14. Mailpac Group slipped 2 cents to finish at $1.96 with 377,510 stocks changing hands, Medical Disposables lost 3 cents to settle at $4.80 with investors switching ownership of 5,487 stock units, Paramount Trading dropped 20 cents to close at $1.50 with 13,840 stock units passing through the market. Stationery and Office Supplies shed 48 cents to end at $4.50 in trading 52 stock units and Tropical Battery fell 5 cents to finish at $1.20 with 610,629 stock units crossing the exchange.
At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows three stocks ending with bids higher than their last selling prices and four with lower offers.
Fontana shed 12 cents to end at $4.85, in transferring 230,602 shares, Fosrich gained 5 cents to close at $3.20, trading 5,350 units, General Accident shed 36 cents in closing at $6.14, with 44,300 shares passing through the market. Honey Bun shed 11 cents in closing at $4.74, in an exchange of 1,300 units, Indies Pharma lost 10 cents to finish at $2.75, with 4,000 units changing hands, Iron Rock Insurance slipped 1 cent to $2.50 in transferring 5,608 stock units. Jamaican Teas gained 10 cents to end at $4.99 trading 23,045 shares, Jetcon Corporation shed 9 cents to settle at 80 cents, with 68,521 shares passing through the market, Knutsford Express gained 16 cents to end at $6.90 trading 38,902 shares. Lasco Distributors fell 10 cents to $3.05, with investors switching ownership of 97,738 shares, Lasco Financial gained 2 cents to close at $2.09 with a transfer of 7,507 units, Lasco Manufacturing closed at $3.40, after gaining 3 ents trading 148,294 shares. Limners and Bards climbed 33 cents to $2.66, with 122,674 shares changing hands, Lumber Depot lost 6 cents to settle at $1.04, after the transferring of 82,337 shares, Mailpac Group lost 1 cent to close at $1.98, with investors switching ownership of 342,904 shares. Medical Disposables gained 58 cents to end at $4.83 in an exchange of 1,629 units, Stationery and Office Supplies picked up 1 cent to settle at $4.98 trading 700 units and Tropical Battery gained 6 cents in closing at $1.25, with 1,457,400 shares passing through the market.
At the close, the average PE Ratio of the market ended at 10.2 based on IC Insider.com forecast of 2020-21 earnings.
At the close of the market, Access Financial advanced $6.02 to $26.10 in an exchange of 10,056 shares, AMG Packaging gained 3 cents to end at $1.73 with 28,100 stock units changing hands, Blue Power closed at $3.20, after losing 5 cents and exchanging 15,500 shares. Caribbean Assurance Brokers lost 1 cent to finish at $2.08, in trading 6,818 units, Caribbean Cream ended at $3.90, with a loss of 7 cents in exchanging 9,780 units. Caribbean Flavours shed 50 cents, in falling to $17.50 with investors swapping 26,783 stock units, Caribbean Producers fell 1 cent to $2.44 and clearing the market with 22,090 stocks, Consolidated Bakeries slipped 1 cent to settle at $1.35 in exchanging 35,000 shares. Elite Diagnostic gained 1 cent to close at $3.01 while exchanging 24,431 units, Express Catering dropped 48 cents to settle at $3.46 in trading 199,371 shares, Fontana declined 20 cents to $4.79 after exchanging 74,757 stock units. General Accident shed 50 cents to close at $6.10 with 210,110 shares crossing the market, iCreate gained 5 cents to close at 70 cents after trading 210,000 shares, Iron Rock Insurance rose 30 cents in closing at $3.15, with investors switching ownership of 2,000 units. Jamaican Teas carved out a gain of 20 cents in ending at $4.70, with 11,034 stock units changing hands, Jetcon Corporation ended 5 cents higher at 80 cents, in transferring 3,500 stock units, Knutsford Express closed at $6.90, with gains of 5 cents trading 19,911 stock units. Lasco Distributors lost 18 cents to end at $3.01 after exchanging 39,926 shares, Lasco Financial gained 6 cents to end at $2.15 in an exchange of 49,500 stock units, Lasco Manufacturing finished 9 cents higher at $3.60, with 8,900 stock units crossing the market.
Limners and Bards carved out a gain of 13 cents to end at $2.69 while exchanging 4,888 stock units, Lumber Depot lost 5 cents in closing at $1 while trading 17,125 stocks, MailPac Group declined 2 cents to $2, after exchanging 1,258,085 shares. Medical Disposables fell 23 cents to $4.67, with a transfer of 7,653 stock units, Paramount Trading shed 18 cents to settle at $1.52, in an exchange of 10,200 stock units, Stationery and Office Supplies dropped 20 cents to settle at $5.60 after trading 46,175 stock units and tTech lost 1 cent to end at $5.40 with investors swapping 3,112 stocks.
At the close, the Junior Market Index advanced 35.13 points to close at 2,414.24 after risen over 50 points at one stage of the day and left the average PE ratio ended at 8.8 times 2020-21 earnings. Market activities resulted in prices of 6 securities advancing, 12 losing and 12 remaining unchanged.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows four stocks ending with bids higher than their last selling prices and one with a lower offer.
iCreate ended with a loss of 1 cent at 47 cents, with 5,793 stock units changing hands, Jamaican Teas fell
At the close of trading, the number of stocks rising and falling was almost equal, with 16 rising and 15 falling with five remaining unchanged as investors traded in more securities than on Tuesday. Express Catering and Fosrich traded at an intraday low of $4.89 and $3.20, respectively.
At the close of the market, Access Financial gained $1.80 exchanging 11,714 shares at $30, Cargo Handlers rose 30 cents in trading 10,645 units at $7.80, Caribbean Cream lost 70 cents trading 32,239 stock units and closed at $3.30. Caribbean Producers shed 50 cents to end at $4.50 with 12,304 shares changing hands, Consolidated Bakeries lost 11 cents, after exchanging 2,475 units and closed at $1.68. Dolphin Cove traded 37,859 stock units at $9.45, after losing 55 cents, Everything Fresh gained 6 cents to end at 87 cents, after swapping 7,245 units, Fontana climbed 85 cents and exchanged 170,655 shares at $6.90, Fosrich lost 1 cent to settle at $3.85, with an exchange of 36,691 stock units. General Accident shed 20 cents transferring 56,563 units to close at $6.20, Honey Bun added 5 cents and exchanged 30,903 shares at $7.25, iCreate ended at 68 cents after gaining 1 cent trading 14,203 stock units. Indies Pharma climbed 23 cents after trading 52,203 shares at $2.84. Jamaican Teas gained 17 cents to settle at $6.55 with 14,082 units changing hands, Jetcon Corporation exchanged 55,069 shares in closing at $1.31, after losing 11 cents, Key Insurance ended trading with 65,685 stock units, after adding 5 cents to end at $3. KLE Group climbed 15 cents, to close at $2.45 with 1,000 shares crossing the market, Knutsford Express closed 50 cents higher to $10, with 6,781 units changing hands, 
Lasco Distributors lost 5 cents to end at $3.01, after transferring 247,516 units, Lasco Financial dipped 41 cents in trading 98,344 units at $3.01. Lasco Manufacturing closed with 327,725 units changing hands, with gains of 5 cents to finish at $4.15, Limners and Bards ended with an exchange of 5,527,680 shares to close at $2.69 after falling 4 cents, Lumber Depot closed trading of 213,526 units and lost 4 cents to end at $1.47, MailPac shed 21 cents to $1.79 with 15,366,137 units swapped. Main Event traded 10,215 units at $5.60, after losing 37 cents, Medical Disposables closed 20 cents lower at $5.30, after exchanging 10,821 units, Paramount Trading closed trading of 31,929 units and rose 13 cents to end at $2. Stationery and Office Supplies ended 20 cents higher to $8.70, with 10,346 shares crossing the exchange and tTech traded 840 units at $4.80, with gains of 10 cents. Derrimon Trading preference share climbed 15 cents in trading of 434 units at $1.65.
