Investors pulled in horns on Monday

Following heavy trading on Friday, investors were off to a quieter move on Monday with the volume of stocks changing hands falling by 92 percent for 86 percent less the value on the Junior Market as the market index eked out a 2.62 points rise to 3,369.65, after marking 3,378.24 points in early morning activity.
Similar to Friday, 35 securities traded, ending with 16 stocks rising, eight declining and 11 closing unchanged, but price changes were modest in many cases.
The PE Ratio, a measure used to determine an appropriate relative value of each stock, averages 13 based on ICInsider.com’s 2021-22 earnings forecast.
Trading ended with 3,407,426 shares for $10,642,073 compared to 41,113,964 units at $73,698,638 on Friday.
Tropical Battery led trading with 18.6 percent of total volume or 634,705 shares, followed by Lumber Depot with 18.2 percent of the day’s trade or 619,517 units and Mailpac Group with 16.6 percent market share with an exchange of 566,352 units.
Trading averaged 97,355 units at $304,059 compared to 1,174,685 at $2,105,675 on Friday. The month to date averaged 235,506 units at $638,781, compared to 244,787 units at $661,267 on Friday. May closed with an average of 318,089 units at $760,337.
Investor’s Choice bid-offer indicator shows six stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, Access Financial rallied 19 cents to $22.49, after trading 100 shares, Blue Power popped 34 cents to $3.95 with 26,161 units changing hands, Caribbean Cream fell 19 cents to $5.75, with 27,461 units crossing the exchange. Express Catering jumped 44 cents to $6.44 with a transfer of 24,500 stocks, Fontana gained 3 cents in closing at $6.04, with 65,443 shares clearing the market. Fosrich increased 3 cents to $8.40 after exchanging 5,530 stock units, Future Energy Source advanced 1 cent to end at a record high of $1.11 in switching ownership of 376,588 stocks, General Accident dropped 2 cents to end at $5.65 trading 7,812 units. Indies Pharma dropped 24 cents to $3.35 with an exchange of 55,159 stocks, Lasco Distributors climbed 15 cents to $4.25 with investors switching ownership of 20,508 units. Lasco Financial rose 9 cents to $3.16 with 8,827 units traded, Limners and Bards lost 11 cents to finish at $3.05 with 141,212 shares changing hands, Lumber Depot advanced 11 cents to $3.40 with a transfer of 619,517 stocks, Mailpac Group gained 10 cents to settle at $3.80 with 566,352 shares traded and Tropical Battery slipped 5 cents to $1.31 with 634,705 stocks crossing the exchange.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Massive surge in Junior Market volume

The volume of stocks traded was heavy with a 663 percent surge on Friday, with a 448 percent greater value than on Thursday, resulting from 35 securities trading compared to 37 on Thursday, with 13 rising, 15 declining and seven closing unchanged on the Junior Market of the Jamaica Stock Exchange.
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.
Trading ended with 41,113,964 shares changing hands for $73,698,638 well up on the 5,390,213 units at $13,454,101 on Thursday. Caribbean Flavours led trading with 48.6 percent for 20 million shares, followed by Future Energy Source 40.1 percent with 16.47 million units and Indies Pharma with 2 percent of the day’s trade for 816,718 units.
Trading averaged 1,174,685 units at $2,105,675 in contrast to 145,681 at $363,624 on Thursday. Trading month to date averages 244,787 units at $661,267, compared to 177,819 units at $557,252 on Thursday. May closed with an average of 318,089 units at $760,337.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and one with lower offers.
At the close, Blue Power lost 13 cents to end at $3.61 with an exchange of 13,542 shares, Caribbean Cream lost 6 cents to close at $5.94 in trading 18,826 stock units, Caribbean Flavours declined 2 cents to $2.14 with the swapping of 20,001,191 shares. Consolidated Bakeries picked up 5 cents in ending at $1.75 with a transfer of 62,000 units, Elite Diagnostic gained 5 cents to finish at $3 with the swapping of 246,724 stocks. Express Catering shed 35 cents to $6 in switching ownership of 49,301 shares, Fontana lost 19 cents in ending at $6.01 with 33,979 units crossing the market, Future Energy Source advanced 1 cent, ending at a 52 weeks’ high of $1.10 with the swapping of 16,472,703 stock units, Honey Bun closed 29 cents higher at $6.99 after exchanging 16,600 stocks, Indies Pharma rallied 40 cents to $3.59 in exchanging 816,718 units, ISP Finance dived $4.40 in closing at $15.60 with 1,569 stock units crossing the market, Jamaican Teas dipped 7 cents to finish at $3.93, with a transfer of 431,601 shares. Jetcon Corporation fell 13 cents to close at $1.55 with an exchange of 70,197 stock units, Knutsford Express lost 15 cents after ending at $8.75 in trading 20,068 stocks. 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.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Junior Market recovers ground on Thursday

Stocks delivered another day of advance after regaining just under half the points lost yesterday on the for the Junior Market as trading came to an end on Thursday with prices of 13 stocks rising, 14 declining and 10 ending unchanged after 37 securities traded compared to 36 on Wednesday, after an exchange of 18 percent fewer stocks for 31 percent less the value than on Wednesday.
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.
The PE Ratio, a measure that determines an appropriate relative value of each stock, averaged  12.7 based on ICInsider.com’s 2021-22 earnings forecast.
Trading ended with 5,390,213 shares for $13,454,101 compared to 6,540,530 units at $19,468,768 on Wednesday.
Future Energy Source led trading with 36.9 percent of total volume, and 1.99 million shares, Tropical Battery followed with 11.6 percent or 627,308 units and Mailpac Group 9.6 percent, with an exchange of 518,163 units.
Trading averaged 145,681 units at $363,624 in contrast to 181,681 at $540,799 on Wednesday. The month to date averages 177,819 units at $557,252, compared to 180,468 units at $573,208 on Wednesday. May closed with an average of 318,089 units at $760,337.
Investor’s Choice bid-offer indicator reading shows three stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, Access Financial popped $1.30 to $22.30 trading 1,002 shares, AMG Packaging fell 16 cents to $1.55 with 50 stocks passing through the market, Blue Power climbed 13 cents to close at $3.74 with a transfer of 1,800 units. Caribbean Producers rose 6 cents to a 52 weeks’ high of $4.50 with 114,426 stock units traded, Elite Diagnostic dropped 25 cents to $2.95 with 98,497 shares changing hands, Express Catering climbed 85 cents to $6.35 with an exchange of 164,415 stocks. Fosrich lost 14 cents to close at $8.35 with investors switching ownership of 9,790 units, Indies Pharma dropped 33 cents to $3.19 with a transfer of 210,587 stock units, KLE Group gained 21 cents to end at $1.2 with 4,000 shares traded. 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.

 Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Pull back for Junior Market

The Junior Market broke its winning run on Wednesday, wiping out almost 73 percent of the gains made at the start of the week after falling stocks outgunned rising ones two to one leading the Market Index to snap 31.78 points to end at 3,339.77on a day when the level of trading was competitive with the previous day’s, at the close of trading on Wednesday.
Trading occurred in 36 securities down from 39 on Tuesday, with prices of nine stocks rising, 19 declining and eight unchanged.
At the close, the PE Ratio, a measure that determines an appropriate relative value of each stock, averaged 12.8 based on ICInsider.com’s 2021-22 earnings forecast.
Trading ended with 6,540,530 shares for $19,468,768 versus 6,376,210 units at $21,669,433 on Tuesday.
Future Energy Source led trading with 19.7 percent of total volume after exchanging 1.29 million shares, followed by Derrimon Trading, 15.6 percent with an exchange of 1.02 million units and Fontana with 12.7 percent accounting for 827,444 units.
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.
Investor’s Choice bid-offer indicator shows no stock ending with the bid higher than the last selling price and three with lower offers.
At the close, Access Financial advanced 44 cents to $21 with a transfer of 613 shares, Blue Power lost 14 cents to end at $3.61 with an exchange of 107,070 units, Caribbean Flavours popped 6 cents to $2.16 with 9,062 stock units changing hands. Caribbean Producers rallied 20 cents to close at a 52 weeks’ high of $4.44 with 163,531 stocks traded, Consolidated Bakeries slipped 7 cents to $1.70 with investors swapping 40,000 shares, Elite Diagnostic rose 20 cents to $3.20 with a transfer of 296 units. Express Catering dipped 10 cents to $5.50 with an exchange of 70,036 stock units, Fontana rose 9 cents to $6.24 after 827,444 stocks changed hands, Indies Pharma dropped 28 cents to $3.52 with 222,978 shares traded. Jetcon Corporation declined by 14 cents to $1.65 with 32,250 units passing through the market, KLE Group fell 22 cents to $1.02 with a transfer of 225,000 stock units, Knutsford Express jumped 75 cents to $8.75 with an exchange of 2,191 shares. 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.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Slip back for Junior Market

The volume and value of stocks trading on Friday declined 48 percent lower from Thursday’s outturn at the close of the Jamaica Stock Exchange Junior Market, leaving the market Index to dip 16.67 points to 3,327.84 and down for the week as well from 3,339 points at the close of last week.
A mere  33 securities traded on Friday, down from 37 on Thursday and ended with 12 rising, 16 declining and five closing unchanged.
The PE Ratio, a measure that determines appropriate relative values of stocks, averages 12.6 based on ICInsider.com’s 2021-22 earnings forecast.
At the close of the market 4,452,883 shares traded for $13,121,224 down from 8,643,634 units changing hands at $25,023,570 on Thursday. Future Energy Source led trading with 31.2 percent of total volume after exchanging 1.39 million shares. MailPac Group followed with 12 percent for 533,445 units and General Accident 6.7 percent, with 300,000 units.
Trading averaged 134,936 units at $397,703 in contrast to 233,612 at $676,313 on Thursday. Month to date trading averages 187,419 units at $600,090, compared to 193,078 units at $621,916 on Thursday. May closed with an average of 318,089 units at $760,337.
Investor’s Choice bid-offer indicator reading shows no stock ending with the bid higher than the last selling price and four with lower offers.
At the close, Access Financial climbed 8 cents to $22.38 with an exchange of just one share, Cargo Handlers fell 11 cents to $8.25 with the swapping of 5,000 units. Caribbean Assurance Brokers lost 5 cents to close at $2, with 19,452 stocks clearing the market, Caribbean Cream rallied 37 cents to $6.20, with 30 units changing hands, Caribbean Producers lost 5 cents in closing at $4 with a transfer of 145,073 shares, Consolidated Bakeries rose 12 cents to end at a 52 weeks’ high of $1.90 in an exchange of 7,800 stock units, Derrimon Trading fell 10 cents to $2.49 with the swapping of 51,500 shares. Express Catering spiked 60 cents to $5.40, with 141,004 stocks clearing the market. General Accident dipped 5 cents to $5.75 in switching owners of 300,000 stock units, Honey Bun shed 18 cents to close at $6.52 with an exchange of 174,208 shares, Indies Pharma lost 10 cents to end at $3.90 in transferring 36,798 stocks. Jamaican Teas rose 5 cents to $4.05, with 135,367 shares changing hands, Jetcon Corporation increased 4 cents in closing at a 52 weeks’ high of $1.75, after trading 177,520 units, Lasco Financial slipped 7 cents to $3.63 after exchanging 36,904 shares. Limners and Bards rose 15 cents to $3.15 in switching ownership of 124,109 stock units, Medical Disposables fell 49 cents to $4.36 after trading 17,658 units and Stationery and Office Supplies shed $1 to end at $8 in switching ownership of 27,109 stocks.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Mailpac dominates fallen Junior Market

MailPac Group dominated Junior Market trading on Tuesday with 78 percent of total volume after an exchange of 14.73 million of the company’s shares and leading the overall volume of stocks traded jumping 168 percent, with the value traded rising by 219 percent over Monday.
At the close of trading on Tuesday, all 43 listed securities traded, up from 36 on Monday, with 22 rising, 11 declining and 10 ending unchanged.
The Junior Market Index dropped 23.31 points to settle below 3,300 points for the first time in eight days at 3,297.55, with the move down opposite to the market breadth.
The PE Ratio, a measure that determines an appropriate relative value of each stock, averaged 12.5 based on ICInsider.com’s 2021-22 earnings forecast.
Trading accounted for 18,917,282 shares for $63,058,701 up from 7,035,403 units at $19,752,231 on Monday.
Lasco Financial was the second leading traded stock with 4.2 percent of total volume accounting for 786,080 units, followed by Jamaican Teas 3.7 percent exchanging 693,608 units.
Trading averaged 439,937 units at $1,466,481 in contrast to 195,428 at $548,673 on Monday. The month to date, averaged 201,365 units at $654,061, compared to 146,798 units at $468,241 on Monday. May closed with an average of 318,089 units at $760,337.
Investor’s Choice bid-offer indicator reading shows one stock ended with the bid higher than its last selling price and four with lower offers.
At the close, Access Financial rallied $1.70 to $22 with an exchange of 858 shares, CAC 2000 sprang 95 cents to $10.40 with a transfer of 44 stock units, Caribbean Assurance Brokers gained 12 cents to end at $2.12, with  1,500 units changing hands. Caribbean Cream increased 15 cents to $6 with 6,645 stocks traded, Consolidated Bakeries dropped 20 cents to $1.78 in switching ownership of 6,900 shares, Dolphin Cove fell 11 cents to $7 with 18,815 stock units passing through the market. Everything Fresh rose 9 cents to $1.08, exchanging 197,290 units, Express Catering shed 25 cents to $4.75 with a transfer of 28,500 stocks. Fontana gained 8 cents to finish at $6.10 with 57,229 shares changing hands, Fosrich rallied 30 cents to $8.50 with 133,157 stock units traded, General Accident slipped 5 cents to $5.75 with 3,220 units changing hands, Honey Bun popped 39 cents to $7 with 40,229 stocks passing through the market, iCreate gained 12 cents to close at 89 cents with an exchange of 7,000 shares. Indies Pharma advanced 15 cents to $4.05 with the trading of 10,370 stock units, Jetcon Corporation popped 19 cents to $1.28 with 287,571 units traded, KLE Group rallied 22 cents to $1.24 with investors switching ownership of 5,500 shares. Knutsford Express jumped 38 cents to $8.45 with 607 stock units passing through the market, Lasco Distributors dipped 20 cents to $3.81 with an exchange of 95,033 units, Lasco Financial fell 15 cents to $3.75 with a transfer of 786,080 stocks. Lasco Manufacturing lost 13 cents to settle at $5.45 with 13,731 shares changing hands, Limners and Bards rose 5 cents to $3.05 with 48,078 units traded, Lumber Depot spiked 28 cents to a 52 weeks’ closing high of $3.69 with investors switching ownership of 620,319 stocks and Medical Disposables spiked 60 cents to $4.85 with 1,110 stock units changing hands.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

A rocky start to the week for Junior Market

Trading dipped on Monday as 38 percent more funds chased after 71 percent more stocks than on Friday on the Jamaica Stock Exchange Junior Market with the index falling 18.16 points to finish at 3,320.86.
A total 36 securities traded, versus 40 on Friday, with prices of 13 rising, 14 declining and nine closing unchanged.
The PE Ratio, a measure that determines an appropriate relative value of each stock, averaged 12.3 based on ICInsider.com’s forecast of 2021-22 earnings.
Trading ended with 7,035,403 shares for $19,752,231 compared to 4,111,715 units at $14,329,748 on Friday.
Mailpac Group led trading with 30.4 percent of the volume, with 2.14 million shares, followed by Future Energy Source 25.4 percent with 1.79 million units and Elite Diagnostic with 9.1 percent market share with an exchange of 643,555 units.
Trading averaged 195,428 units at $548,673 in contrast to 102,793 at $358,244 on Friday. Trading month to date averages 146,798 units at $468,241, compared to 135,281 units at $449,191 on Friday. May closed with an average of 318,089 units at $760,337.
Investor’s Choice bid-offer indicator shows seven stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Access Financial rallied 27 cents to $20.30 with an exchange of 1,898 shares, Blue Power fell 39 cents to $3.71 trading 134,440 units, Caribbean Assurance Brokers dropped 20 cents to $2 with 151,424 stocks traded. Caribbean Cream gained 10 cents to end at $5.85 with 37,423 stock units passing through the market, Consolidated Bakeries climbed 23 cents to $1.98 with a transfer of 9,090 shares, Dolphin Cove lost 14 cents to close at $7.11 with an exchange of 2,191 units. iCreate spiked 9 cents to 77  with 23,500 stocks changing hands, Indies Pharma swung 7 cents higher to $3.90 with 155,009 stock units traded, Jamaican Teas rallied 19 cents to $3.99 with investors switching ownership of 120,531s hares. KLE Group dropped 20 cents to $1.02 with a transfer of 2,709 stocks, Knutsford Express fell 38 cents to $8.07 with an exchange of 100 stock units, Lasco Distributors slipped 7 cents to $4.01 with 177,540 units traded. Lasco Financial rose 10 cents to $3.90 with 7,239 shares passing through the market, Limners and Bards declined by 13 cents to $3 with a transfer of 328,459 stock units, Mailpac Group dropped 11 cents to $3.64 with a volume leading 2,136,468 units traded and Stationery and Office Supplies jumped $1.47 to $8.99 with 116 shares crossing the exchange.
In the preference segment, CAC 2000 9.5% rose 5 cents to $1.20 with one stock unit changing hands.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Early gains frizzle for Junior Market

Stocks surged to 3,361.89 points at the market’s opening on Friday, but pressure thereafter kept the gains below the day’s high and the market finally gave back the early gains, with the Junior Market Index declining 10.18 points to settle at 3,339.02 after the volume of stocks trading declining 22 percent and the value falling 35 percent below Thursday at the close of Jamaica Stock Exchange Junior Market.

At the close, 40 securities traded, from 36 on Thursday and ended with 15 rising, 19 declining and six closing unchanged.
At the close, the PE Ratio, a measure that determines an appropriate relative value of each stock, averages 12.3 based on ICInsider.com 2021-22 earnings forecast.
A total of 4,111,715 shares traded for $14,329,748 down from 5,243,544 units at $21,893,161 on Thursday.
Future Energy Source led trading with 20.3 percent of total volume for an exchange of 835,106 shares, followed by Jamaican Teas 7.9 percent with 326,231 units and Lumber Depot 7.8 percent with 322,073 units.
Trading averaged 102,793 units at $358,244 compared to 145,654 at $608,143 on Thursday. Trading month to date averages 135,281 units at $449,191, against 146,884 units at $481,673 on Thursday. 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 three with lower offers.
At the close, Access Financial declined $2.37 to $20.03, trading 5,942 shares, Caribbean Assurance Brokers popped 24 cents to $2.20 in trading 115,366 stock units, Caribbean Cream spiked 15 cents higher to $5.75 with a transfer of 27,752 shares. Caribbean Flavours gained 9 cents in closing at $2.15 in trading 100,285 stocks, Caribbean Producers slipped 8 cents to $3.85 after exchanging 225,183 shares. Dolphin Cove popped 45 cents to $7.25 with 16,653 units changing hands, Express Catering dipped 9 cents to finish at $5 after clearing the market with 40,456 units, Fontana lost 13 cents ending at $6 with the swapping of 91,683 shares, Fosrich rallied 50 cents to $8.20 in trading 22,545 stocks. General Accident slipped 20 cents to $5.80 after switching ownership of 85,880 shares, Honey Bun shed 40 cents in closing at $6.60 with 121,960 stock units crossing the exchange, Indies Pharma fell 16 cents to $3.83 in transferring 32,517 stocks, Iron Rock Insurance lost 12 cents to close at $3.13 in trading 20,000 shares. ISP Finance back off $5.04 to finish at $20 with the swapping of 53,500 stock units, Jamaican Teas shed 10 cents in closing at $3.80 after crossing the market with 326,231 units, Lasco Distributors rallied 12 cents to $4.08 in trading 7,214 shares, Lasco Financial lost 15 cents to settle at $3.80 in an exchange of 17,800 shares. Limners and Bards popped 23 cents to $3.13 with a transfer of 195,668 stock units, Lumber Depot climbed 13 cents to $3.39 in switching ownership of 322,073 shares, Main Event spiked 58 cents to $5.28 after trading 2,500 stock units, Medical Disposables fell 70 cents ending to $4.25 with 70,357 shares changing hands, Stationery and Office Supplies dived 79 cents to end at $7.52 in exchanging 88,968 stock units.
In the preference segment, CAC 2000 9.5% preference share spiked 15 cents to $1.15 with 300 stocks clearing the market.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Junior Market advances on Thursday

The volume of stocks trading spiked 31 percent, with a 16 percent greater value on Thursday than market activity produced on Wednesday, leading the Junior Market Index to close with an 11.73 points rally to settle at 3,349.20. Market activity led to 36 securities trading compared to 38 on Wednesday, with 14 rising, 13 declining and nine ending unchanged.
At the close, the PE Ratio, a measure that determines an appropriate relative value of each stock, averages 12.4 based on ICInsider.com’s 2021-22 earnings forecast.
Overall, 5,243,544 shares traded at $21,893,161 versus 7,559,997 units at $18,853,382 on Wednesday.
Fosrich led trading with 23.4 percent of total volume after 1.23 million shares traded, followed by Lumber Depot 18.6 percent with 974,222 units and Mailpac Group with 10 percent after an exchange of 524,832 units.
Trading averaged 145,654 unit  at $608,143 versus 198,947 at $496,142 on Wednesday. for the month to date trading averages 146,884 units at $481,673, versus 147,466 units at $421,766 on Wednesday. May closed with an average of 318,089 units at $760,337.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Blue Power spiked 18 cents to $4.10 with an exchange of 164,855 shares, Cargo Handlers advanced 10 cents to $8.69, with 1,400 stocks changing, Caribbean Assurance Brokers slipped 5 cents to $1.96 with a transfer of 7,071 units. Caribbean Cream fell 10 cents to $5.60 with 22,132 stock units passing through the market, Derrimon Trading popped 7 cents to $2.53 with ownership of 357,692 shares changing, Dolphin Cove hammered a loss of 70 cents to close at $6.80 with an exchange of 50,283 stocks. Fosrich dropped 60 cents to $7.70, with 1,225,655 units changing hands, ISP Finance spiked $1.04 to $25.04 with a transfer of 5,000 stock units, Jamaican Teas fell 11 cents to $3.90 with 469,637 shares passing through the market. Jetcon Corporation rose 6 cents to $1.10 with ownership of 200,096 stocks changing, Knutsford Express jumped $1.43 to end at $8.45 with an exchange of 18,430 units, Lasco Financial popped 8 cents to $3.95, with 19,743 stock units traded. Lasco Manufacturing rallied 13 cents to $5.64 with 47,797 shares changing hands, Limners and Bards dropped 15 cents to $2.90 with a transfer of 4,498 units, Lumber Depot fell 18 cents to $3.26 with ownership of 974,222 stocks changing.  Medical Disposables slipped 5 cents to $4.95 with 1,565 stock units changing hands and Stationery and Office Supplies spiked 67 cents to $8.31 with 66,386 shares crossing the exchange.

 Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Rising stocks dominate Junior Market

Trading closed on the Junior Market of the Jamaica Stock Exchange on Monday, with the volume of stocks rising 126 percent and the value 72 percent over Friday trades, with rising stocks outnumbering declining ones, two to one at the close.
Market activity led to 39 securities trading, down from 41 on Friday, with 21 rising, 11 declining and seven closing unchanged.
At the close, the Junior Market Index slipped 4.77 points to 3,324.73 to be up just under 26 percent for the year to date. The PE Ratio based on ICInsider.com’s forecast of 2021-22 earnings averaged 12.3.
A total of 13,810,331 shares traded at $29,320,428, up from 6,105,277 units at $16,999,068 on Friday.
Future Energy Source led trading with 54.5 percent of total volume after it traded 7.53 million shares, followed by Lasco Distributors with 11.4 percent while exchanging 1.58 million units and Lasco Manufacturing with 4.8 percent with an exchange of 657,218 units.
Trading averaged 354,111 units at $751,806, down from 148,909 at $414,611 on Friday. The month to date averaged 318,089 units at $760,337, compared to 316,141 units at $760,798 on Friday. April closed with an average of 329,241 units at $854,716.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Caribbean Assurance Brokers advanced 8 cents to $1.97 with 1,500 shares passing through the market, Caribbean Producers climbed 14 cents to $3.80 with 159,024 units changing hands, Dolphin Cove dropped 20 cents to $6.80 with 32,861 stocks traded. Fontana gained 20 cents to close at $6 with investors exchanging 185,586 stock units, General Accident increased 15 cents to $6 with an exchange of 90,605 shares, Honey Bun rose 5 cents to $6.85 with a transfer of 60,639 units. Jamaican Teas added 6 cents to close at $4.07 with 218,302 stocks passing through the market, Jetcon Corporation slipped 8 cents to 94 cents with 174,027 stock units changing hands, KLE Group fell 6 cents to $1.22 with 644,500 shares traded. Knutsford Express shed 30 cents to $8, trading 19,174 units, Lasco Distributors dropped 29 cents to $3.96 in exchanging 1,576,784 stocks, Limners and Bards lost 9 cents to finish at $3.06 with a transfer of 127,224 stock units. Lumber Depot advanced 10 cents to $3.40 with 155,164 shares passing through the market, Mailpac Group rose 5 cents to $3.76 with 248,853 units changing hands, Medical Disposables shed 60 cents to close at $4.40 with 18,477 stock units traded. SSL Venture gained 8 cents to end at 63 cents with investors swapping 6,366 stocks, Stationery and Office Supplies dropped 20 cents to $8 with a transfer of 10,501 units and Tropical Battery fell 7 cents to $1.15 with 583,616 shares crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.