Bold move on Monday

At the start of trading on Monday, investors pushed prices mostly higher, with the market index gapping 29 points to open at 3,084.31, but the market traded as high as 3,093.70, after eighty minutes of the opening. Volume and value of trades dropped 84 percent and 83 percent, respectively with more stocks rising than falling versus Friday, on the Junior Market of the Jamaica Stock Exchange.
Overall, 40 securities traded, compared to 36 on Friday, with 21 stocks rising, eight declining and 11 remaining unchanged.
At the close, the Junior Market Index put on 25.53 points to settle at 3,080.65, resulting in the year to date gains of 16.5 percent. The PE Ratio based on ICInsider.com’s forecast of 2021-22 earnings averages 12.7.
The market closed with an exchange of 2,666,463 shares for $9,077,409 compared to 16,851,842 units at $54,745,219 on Friday. Mailpac Group led trading with 20.8 percent of total volume for 555,210 shares, followed by Jamaican Teas with 20.3 percent for 541,001 units and Lumber Depot with 7.4 percent for 197,616 units.
Trading averaged 66,662 units at $226,935 in contrast to 468,107 at $1,520,701 on Friday. The average month to date is 196,052 units at $629,180, compared to 210,840 units at $675,151 on Friday. March closed with an average of 252,633 units at $733,196.
Investor’s Choice bid-offer indicator reading shows three stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Access Financial rose $1.04 to $21.10 trading 2,526 shares, Blue Power shed 29 cents to finish at $3.50 with 15,526 stocks crossing the market, CAC 2000 lost 15 cents to end at $9.50 after exchanging 62,692 shares, Consolidated Bakeries lost 5 cents to settle at $1.70 with 3,500 units changing hands. Elite Diagnostic advanced 25 cents to $3.15 with a transfer of 25,583 shares, Fontana gained 7 cents to close at $5.99 with 26,936 shares crossing the exchange, Fosrich rose $1.18 in closing at a record closing high of $7.18 after investors switched ownership of 149,733 stock. Honey Bun picked up 5 cents to finish at $5.09 with the trading of 55,600 shares, Indies Pharma closed 12 cents higher at $4.36 with an exchange of 71,313 units, Jamaican Teas gained 9 cents to end at $3.38 trading 541,001 units, Knutsford Express advanced 55 cents to $6.90 after a transfer of 43,806 shares Mailpac Group gained 9 cents in closing at $3.54 with 555,210 stock units changing hands and Medical Disposables rose 35 cents to $4.50 with the swapping of 5,560 units.
In the preference segment, CAC 2000 9.5% preference share declined 29 cents to end at $1.11 in exchanging 434 units.

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

Junior Market gains momentum on Friday

Just over four times more funds chased 270 percent more shares on Friday than on Thursday as trading closed with the market rising to the second highest close for the past fourteen and a half months at the close of trading on the Junior Market of the Jamaica Stock Exchange.  
Overall, 36 securities changed hands compared to 37 on Thursday, ending with the prices of 11 stocks rising, 15 declining and 10 trading unchanged as Consolidated Bakeries traded at a 52 weeks’ high of $1.80 and at a closing high of $1.75 and Fosrich closed at a 52 weeks’ high of $6.
The Junior Market Index rose 20.60 points to finish at 3,055.12, up 15.9 percent in 2021. The PE Ratio based on ICInsider.com’s forecast of 2021-22 earnings averaged 12.4.
Investors exchanged 16,851,842 shares for $54,745,219, up sharply from 4,549,153 units at $13,069,947 on Thursday.
Mailpac Group led trading with 61.2 percent of  the total volume covering 10.32 million shares, followed by Lasco Manufacturing 11.4 percent, with 1.92 million units and Tropical Battery with 10.4 percent market for 1.75 million units and Caribbean Flavours accounted for 6.1 percent after ending with 1.02 million units changing hands.
The day’s average trade is 468,107 units at $1,520,701, compared to 122,950 units at $353,242 on Thursday. The average month to date is 210,840 units at $675,151, compared to 181,344 units at $578,209 on Thursday. March closed with an average of 252,633 units at $733,196. Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than the last selling prices and none with lower offers.
At the close, Access Financial gained 51 cents to finish at $20.06 with 2,042 shares traded, Blue Power rose 28 cents to $3.79 with 16,557 units changing hands, Caribbean Cream jumped $1.09 to $6.34 with a transfer of 141,467 stock units. Consolidated Bakeries rose 11 cents to end at a closing 52 weeks’ high of $1.75, after an exchange of 84,080 stocks, Elite Diagnostic fell 25 cents to $2.90 with investors switching ownership of 12,500 shares, Fontana slipped 6 cents to $5.92 with 189,677 units traded. Fosrich climbed 50 cents to a 52 weeks’ high of $6, with 11,160 stock units changing hands, General Accident gained 5 cents to end at $5.85 with a transfer of 46,136 stocks, iCreate declined by 7 cents to 73 cents with an exchange of 19,590 shares. Indies Pharma lost 6 cents to settle at $4.24 with investors switching ownership of 34,215 units, Lasco Distributors advanced 24 cents to $3.99, with 270 stocks traded, Lumber Depot rose 6 cents to $2.47 with, 180,752 shares changing hands. Main Event dropped 18 cents to $4.74 in with a transfer of 5,000 units, Paramount Trading slipped 10 cents to $1.32 with investors switching ownership of 15,000 stock units and tTech gained 18 cents to close at $4.59, with 2,092 stocks crossing the exchange.
In the preference segment, CAC 2000 9.5% lost 5 cents to finish at $1.40, with 56,000 shares changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Junior Market recovers Wednesday’s losses

Trading on Thursday ended with the stocks rising, outdistancing those declining and leading the market index to recover almost all of Wednesday’s 30.20 points index loss on the Junior Market of the Jamaica Stock Exchange after rising stocks rose almost two to one versus losses.
Overall, 37 securities traded up from 35 on Wednesday and concluded with the prices of 18 stocks rising, 11 falling and eight remaining unchanged.
The Junior Market Index held on to 29.38 points of the day’s gains to settle at 3,034.52 after trading over 3,050 points during the day. The average PE Ratio ended at 12.4 based on ICInsider.com’s forecast of 2021-22 earnings.
The market closed with an exchange of 4,549,153 shares for $13,069,947 compared to 5,634,565 units at $16,996,208 on Wednesday.
Jamaican Teas led trading with 21.7 percent of total volume after trading 989,052 shares, followed by Lasco Distributors 19.7 percent with 896,501 units and Derrimon Trading with 16.7 percent with an exchange of 758,481 units.
Trading averaged 122,950 units at $353,242 versus 160,988 at $485,606 on Wednesday. The month to date averaged 181,344 units at $578,209, compared to 189,144 units at $608,258 on Wednesday. March closed with an average of 252,633 units at $733,196 trading.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and none with lower offers.
At the close, Access Financial dropped $2.94 to $19.55 with an exchange of 250 shares, AMG Packaging fell 18 cents to $1.72 with 20,506 units changing hands, Caribbean Assurance Brokers advanced 15 cents to $2.18 with 12,337 stock units passing through the market. Caribbean Cream shed 75 cents to close at $5.25 with 1,695 shares traded, Dolphin Cove climbed 20 cents to $8 with a transfer of 297 units, Everything Fresh rose 10 cents to $1 with an exchange of 1,131 stocks. Express Catering increased by 10 cents to $4.50 with 3,755 stock units changing hands, Fosrich lost 10 cents to settle at $5.50 with 51,609 shares passing through the market, iCreate rose 6 cents to 80 cents with 6,227 stocks traded. Indies Pharma declined by 5 cents to $4.30 with a transfer of 158,512 units, Iron Rock Insurance climbed 20 cents to $3.80 with 4,420 shares passing through the market, Jamaican Teas advanced 13 cents to $3.29 with 989,052 stock units traded. KLE Group rose 22 cents to $1.40 in trading 11,999 units, Lasco Distributors rose 12 cents to $3.75 with an exchange of 896,501 shares, Lasco Financial climbed 25 cents to $3.10 with 8,613 stock units changing hands. Lasco Manufacturing rose by 9 cents to $4.59 with 47,215 units passing through the market, Limners and Bardsfell 10 cents to $2.80 trading 21,200 stocks, Lumber Depot declined by 8 cents to end at $2.41 with a transfer of 354,836 shares. Mailpac Group advanced 24 cents to $3.49 with investors switching ownership of 151,017 units, Main Event jumped $1.22 to close at $4.92 with 6,637 stocks changing hands, Medical Disposables fell 10 cents to $4.15 with 3,800 stock units traded and tTech lost 19 cents to close at $4.4  with 1,000 shares crossing the exchange.

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

Junior Market holding just above 3,000

After closing just over 3,058 points on Friday last, the market again flirted at the edge of the 3,000 points level once again on Wednesday but ended up closing with a 30.20 points drop to end at 3,005.14 as the Junior Market of the Jamaica Stock Exchange had two bad days of three for the week so far.

 

Trading ended with 35 securities changing hands compared to 36 on Tuesday and closed with the prices of 12 stocks rising, 13 declining and 10 remaining unchanged.
The Junior Market Index dropped 30.20 points to settle at. The PE Ratio based on ICInsider.com forecast of 2021-22 earnings averages 12.3.
The market closed with the volume traded rising 66 percent above Tuesday’s levels carrying a value that was 86 percent higher as 5,634,565 shares traded for $16,996,208 compared to 3,392,680 units at $9,143,126 on Tuesday. Mailpac Group led trading with 33.3 percent of total volume for 1.87 million shares followed by Derrimon Trading with 31.6 percent for 1.78 million units and Limners and Bards with 7.1 percent after trading 398,329 shares.
Trading averaged 160,988 units at $485,606, up from 94,241 at $253,976 on Tuesday. Trading month to date averages 189,144 units at $608,258, down from 193,217 units at $625,997 on Tuesday. Trading in March averaged 252,633 units at $733,196.
Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, Caribbean Assurance Brokers lost 14 cents to close at $2.03 with 27,940 shares crossing the exchange, Consolidated Bakeries gained 29 cents in closing at $1.64 with a transfer of 8,500 stock units, Elite Diagnostic ended 29 cents higher at $3.15 with the swapping of 1,500 units. Everything Fresh lost 5 cents to close at 90 cents in switching ownership of 1,010 shares, Express Catering dipped 9 cents to $4.40 in trading 13,257 stocks, iCreate finished 5 cents lower at 74 cents with 23,521 shares changing hands, Jamaican Teas lost 8 cents in ending at $3.16 in the swapping of 93,539 stocks. KLE Group rose 16 cents to $1.18 in an exchange of 749 shares, Lasco Distributors declined 13 cents to end at $3.63 with 34,120 stock units clearing the market, Lasco Financial shed 20 cents to close at $2.85 after 15,880 shares crossed the exchange and Lasco Manufacturing lost 9 cents to settle at $4.50 after the transfer of 15,424 stocks.

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

Juniors claw back losses

The big loss suffered at the end of Monday’s trading was partially clawed back on Tuesday with a 47 percent drop in trading volume and the value slipping 57 percent from Monday levels as market activity closed on the Junior Market of the Jamaica Stock Exchange.  
Trading ended with 36 securities changing hands compared to 33 on Monday and closed with the prices of 13 stocks rising, 15 declining and eight remaining unchanged.
The Junior Market Index rose 17.90 points to settle at 3,035.34. The PE Ratio based on ICInsider.com forecast of 2021-22 earnings averages 12.1.
The market closed with an exchange of 3,392,680 shares for $9,143,126 compared to 6,424,212 units at $21,113,857 on Monday. Limners and Bards led trading with 22.6 percent of total volume for 767,148 shares, followed by Lumber Depot with 20.3 percent for 688,898 units and Mailpac Group with 19.7 market share for 668,542 shares.
Trading averaged 94,241 units at $253,976, in contrast to 194,673 at $639,814 on Monday. Trading month to date averages 193,217 units at $625,997, down from 210,513 units at $691,011 on Monday. Trading in March averages 252,633 shares at $733,196.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and five with lower offers.
At the close, AMG Packaging gained 10 cents to close at $1.90 in trading 17,396 shares, Blue Power fell 7 cents to $3.51 in exchanging 18,255 units, Caribbean Cream rose 60 cents to $6 with a transfer of 50 units, Elite Diagnostic fell 34 cents to $2.86 with 16,400 shares crossing the exchange. Express Catering lost 6 cents to end at $4.49 in switching ownership of 3,045 stocks, Fontana advanced 29 cents to $5.99 with 21,461 units crossing the exchange, Fosrich gained 10 cents to finish at a 52 weeks’ high of $5.60 in a transfer of 11,747 stocks. General Accident ended 5 cents higher at $5.84 with the swapping of 181 stock units, Honey Bun shed 5 cents to $5.04 trading 26,378 units, Indies Pharma fell 8 cents in closing at $4.32 with 167,556 shares clearing the market, Iron Rock Insurance climbed 72 cents to $3.60 with 795 stocks changing hands. Jamaican Teas fell 5 cents to $3.24, with 102,091 stock units crossing the market, Jetcon Corporation rose 5 cents to 76 cents after an exchange of 24,503 shares, Lasco Distributors lost 7 cents to end at $3.76 with the swapping of 6,814 units. Lasco Financial fell 5 cents to $3.05 after exchanging 3,171 shares, Lasco Manufacturing gained 5 cents to finish at $4.59 trading 25,371 stock units, Lumber Depot picked up 9 cents to end at $2.49, trading 688,898 stocks. Medical Disposables fell 25 cents in closing at $4.25 in the swapping of 3,202 stocks and Stationery and Office Supplies gained 9 cents to end at $5.49 with an exchange of 185 units.

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

Down day for Junior Market

Trading closed on Monday with the market volume retreating 38 percent from Friday’s trades, while the value fell 32 percent on a day when declining stocks outnumbered rising ones almost two to one and pressured the market index into a sizeable fall at the close of the Junior Market of the Jamaica Stock Exchange.
The Junior Market Index dropped 40.82 points to settle at 3,017.44. The PE Ratio based on ICInsider.com’s forecast of 2021-22 earnings averages 11.2.
Trading ended with 33 securities changing hands, down from 37 on Friday and closed with the prices of eight rising, 15 declining and 10 remaining unchanged.
The market closed with an exchange of 6,424,212 shares for $21,113,857, down from 10,384,599 units at $30,949,770 on Friday. Derrimon Trading led trading with 38.4 percent of total volume for 2.46 million shares, followed by Mailpac Group with 14.9 percent for 958,702 units and Jamaican Teas with 11.5 percent for 739,090 units.
Trading averaged 194,673 units at $639,814, in contrast to 280,665 at $836,480 on Friday. Trading month to date averages 210,513 units at $691,011, consistent with 213,535 units at $700,777 on Friday. Trading in March resulted in an average of 252,633 units at $733,196.
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, AMG Packaging lost 10 cents ending at $1.80 with the swapping of 4,875 shares, Caribbean Cream fell 96 cents to $5.40 in trading 11,152 stocks, Caribbean Flavours slipped 12 cents to $2.16 with 3,846 units changing hands. Consolidated Bakeries finished 5 cents lower at $1.33 with an exchange of 38,000 shares, Express Catering shed 23 cents to $4.55 in transferring 100 units. Fontana lost 5 cents to close at $5.70 trading 272,941 shares, Indies Pharma declined 5 cents to $4.40 with the swapping of 323,617 stocks. ISP Finance gained 20 cents to settle at $24 in switching ownership of 100 stock units, Jamaican Teas picked up 10 cents to close at $3.29 after an exchange of 739,090 shares, Lasco Distributors shed 16 cents to $3.83 with a transfer of 138,496 stock units, Lasco Manufacturing fell 5 cents to $4.54 in trading 11,549 units. Limners and Bards advanced 5 cents to close at $2.80 after exchanging 136,131 stock units, Lumber Depot gained 9 cents to finish at $2.40 with investors switching ownership of 283,488 stocks, SSL Venture rose 8 cents to 63 cents in trading 44,276 shares. Stationery and Office Supplies declined 10 cents to $5.40, with 20,100 units crossing the market and tTech advanced 20 cents to $4.60 with 100 shares clearing the market.
In the preference segment, CAC 2000 9.5% preference share gained 12 cents in closing at $1.50 in switching ownership of 32,327 stock units.

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

Lacklustre trading on Tuesday

On the day ahead of the opening of Fesco Initial Public Offer of shares, the Junior Market delivered a lacklustre performance resulting in 58 percent less volume and value of shares trading than Monday.
At the close, the market index slipped 3.41 points to finish at 2,969, with the market enjoying a 12.3 percent rise for the year, with just one more day left for the first quarter to end. This year’s performance contrast with a 32.7 fall in the market index at the same time in 2020. Since then, the market has gained 32 percent in value.
A total of 38 securities traded, down from 37 on Monday, resulting in an equal number of 15 stocks rising and declining as eight remained unchanged. The average PE Ratio ended at 16.8 based on ICInsider.com’s forecast of 2020-21 earnings. The market closed with an exchange of 3,008,031 shares for $7,749,677 down from 7,215,425 units at $18,425,745 on Monday.
GWest Corporation led trading with 19.4 percent of total volume for 583,204 shares, followed by Derrimon Trading 17.2 percent, with a transfer of 518,007 units and Lumber Depot with 12 percent, with an exchange of 359,623 units.
Trading averaged 79,159 units at $203,939, down from 195,011 at $497,993 on Monday. Trading month to date averages 243,918 units at $714,145, verusu 252,356 units at $740,275 on Monday. February closed with an average of 365,365 units at $881,118.
Investor’s Choice bid-offer indicator reading shows three stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, AMG Packaging advanced 18 cents to $2.08 with an exchange of 16,000 shares, Blue Power slipped 6 cents to end at $3.78 with 24,025 units crossing the market, Cargo Handlers climbed 21 cents to $8.71 with 100 stocks traded. Caribbean Assurance Brokers declined by 8 cents to $1.83 with 18,965 shares changing hands, Derrimon Trading lost 5 cents to end at $2.53 with a transfer of 518,007 stock units, Dolphin Cove rose 7 cents to $8.10 with an exchange of 1,149 units. General Accident climbed 34 cents to $5.84 with 4,000 stocks crossing the exchange, Honey Bun gained 7 cents to finish at $5.09 with 17,268 shares traded, Indies Pharma slipped 5 cents to $3.95 with 258,289 stock units changing hands. Iron Rock Insurance climbed 80 cents to $3.60 with a transfer of 520 units, ISP Finance dipped 20 cents to $23.80 with an exchange of 350 stocks, Knutsford Express shed 35 cents to close at $6 with 1,420 shares traded. Limners and Bards fell 10 cents to $2.69, with 59,408 stock units changing hands, Lumber Depot slipped 7 cents to $2.30 with a transfer of 359,623 units, Mailpac Group lost 5 cents to finish at $3.45 with an exchange of 165,721 stock units. Paramount Trading declined by 11 cents to end at $1.30 with investors swapping 22,050 units, Stationery and Office Supplies advanced 20 cents to $5.50 with 47 units traded and tTech climbed 34 cents to $4.81 with 18,908 shares crossing the exchange.

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

Falling stocks dominate juniors

The majority of stocks trading on Monday declined, vastly outnumbering those rising, leading the market index down with an exchange of 17 percent more shares, with 10 percent less value than on Friday at the close of the Junior Market of the Jamaica Stock Exchange.
Trading accounted for 37 securities, up from 33 on Friday, with the prices of six rising, 22 declining and nine remaining unchanged. The Junior Market Index shed 12.29 points to settle at 2,972.41. The average PE Ratio ended at 16.7 based on ICInsider.com’s forecast of 2020-21 earnings.
At the close, 7,215,425 shares traded for $18,425,745 versus 6,154,149 units at $20,517,294 on Friday. Lumber Depot led trading with 22.1 percent of total volume after exchanging 1.60 million shares, followed by GWest Corporation with 18.1 percent for 1.31 million units and Mailpac Group 14.7 percent, with 1.06 million units.
Trading averaged 195,011 units at $497,993, in contrast to 186,489 at $621,736 on Friday. Month to date averaged 252,356 units at $740,275, compared to 255,365 units at $752,990 on Friday. February closed with an average of 365,365 units at $881,118.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, AMG Packaging fell 18 cents to $1.90 in trading 2,555 units, Cargo Handlers shed 21 cents to close at $8.50, with 3,013 stock units crossing the market, Caribbean Assurance Brokers finished 13 cents lower at $1.91, after 4,029 stocks cleared the market. Caribbean Cream lost 6 cents in closing at $4.99 in exchanging 10,846 units, Caribbean Flavours rose 37 cents to close at $2.27 trading 133,707 stocks, Dolphin Cove shed 42 cents to close at $8.03 in a transfer of 700 units, Elite Diagnostic lost 9 cents to settle at $3 trading 32,100 stocks. Express Catering gained 7 cents in closing at $3.80, after exchanging 68,617 shares, Fosrich ended 6 cents lower at $5.19 in exchanging 15,486 units, General Accident lost 6 cents to end at $5.50 with 448,517 stocks changing hands, Honey Bun slipped 7 cents to $5.02 with the swapping of 13,811 shares. iCreate lost 5 cents to end at 77 cents and finished with a transfer of 252,717 stock units, Indies Pharma gained 20 cents to close at $4 in the swapping of 180,504 units, Iron Rock Insurance fell 80 cents to $2.80 in switching ownership of 100 stocks. KLE Group shed 24 cents to end at $1 after 134,900 stocks crossed the exchange, Lasco Manufacturing lost 8 cents to end at $4.38 with an exchange of 25,019 stock units. Limners and Bards gained 4 cents in closing at $2.79 after trading 849,093 units and Mailpac Group picked up 5 cents to close at $3.50 with 1,058,633 shares changing hands.
In the preference segment, CAC 2000 9.5% preference share shed 15 cents to end at $1.15, clearing the market of 286 units.

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

Junior market recovery

Junior market recovery

Rising stocks outnumbered declining ones by a two to one margin on Friday, leading the Junior Market Index to continue its ascent in clawing back last year’s losses by adding 12.51 points to Thursday close to settle at 2,984.70 after the volume and values exchanged dropped 22 percent each from Thursday.
Overall, 33 securities traded, similar to Thursday and closed with 18 stocks rising, eight declining and seven remaining unchanged. The average PE Ratio ended at 16.9 based on ICInsider.com’s forecast of 2020-21 earnings.
In all, 6,154,149 shares traded at $20,517,294, down from 7,850,128 units at $26,568,082 on Thursday. Limners and Bards led trading with 37 percent of total volume in exchanging 2.28 million shares, followed by General Accident with 22.8 percent for 1.4 million units and GWest Corporation with 8.3 percent for 511,334 units.
Trading averaged 186,489 units at $621,736 in contrast to 237,883 at $805,093 on Thursday. Month to date averaged 255,365 units at $752,990, compared to 258,747 units at $759,436 on Thursday. February closed with an average of 365,365 units at $881,118.
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, Access Financial climbed $1.08 to $21.01 with 16,826 shares crossing the exchange, Blue Power gained 33 cents ending at $3.84 after trading 175 stocks, Caribbean Cream rose 23 cents to close at $5.05 after clearing the market of 52,748 units. Caribbean Flavours shed 37 cents to $1.90 in exchanging 29,212 shares, Consolidated Bakeries closed 14 cents higher at $1.54 in the swapping of 1,000 units, Fosrich lost 15 cents to close at $5.25, with 59,598 stock units switching owners, General Accident shed 27 cents to $5.56, with 1,400,497 shares changing hands. iCreate picked up 6 cents in ending at 82 cents trading 11,747 stock units, ISP Finance gained 12 cents to close at $24 after finishing with an exchange of 8 shares. Jamaican Teas fell 5 cents to $3.16 in transferring 76,571 stock units, KLE Group lost 15 cents in closing at $1.24 with 100 stocks changing hands. Knutsford Express rose 80 cents to $6.35 after exchanging 500 units, Lasco Distributors rose 8 cents to  $4.14, with 49,688 stock units changing hands, Lasco Manufacturing lost 13 cents to end at $4.46 in an exchange of 101,862 stocks. Limners and Bards gained 5 cents to close at $2.75 with the swapping of 2,276,465 shares, Main Event rose 32 cents to $3.47, with 50,000 stocks hands and tTech finished 8 cents higher at $4.50 after transferring 40 units.

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

Winning run continues Wednesday

The Junior Market index inched closer to the 3,000 mark on Wednesday, gaining 5.06 points to settle at 2,986.61 after the market moved to 3,011.57 immediately as the market opened, but the early gains fizzled away subsequently to the close of the market with gains for the year of 13 percent.
The top three volume leaders saw transfers of over one million units, collectively accounting for 64 percent of the day’s trade. Lumber Depot led trading with 33.3 percent of total volume or 4.04 million shares, followed by Fosrich with 17.9 percent of the day’s trade for 2.18 million units for and GWest 13 percent, with an exchange of 1.58 million stocks.
Trading ended with 36 securities changing hands compared to 33 on Tuesday, with 15 stocks rising, 12 declining and nine remaining unchanged. The average PE Ratio ended at 17 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed trading with 17 percent fewer shares than on Tuesday after an exchange of 12,160,533 shares for $36,790,003, down from 14,669,963 units at $43,192,636 on Tuesday.
Trading averaged 337,793 units at $1,021,945 versus 444,544 at $1,308,868 on Tuesday. The month to date trading averaged 259,825 units at $757,078 versus 255,170 units at $741,265 on Tuesday. February closed with an average of 365,365 units at $881,118.
Investor’s Choice bid-offer indicator reading shows three stocks ended with bids higher than their last selling prices and none with lower offers.
At the close, Access Financial fell 10 cents to $19.91 with an exchange of a mere four shares, AMG Packaging gained 6 cents to end at $2.08 with 12,408 stocks changing hands, Cargo Handlers advanced 14 cents to $8.71 with 2,248 units traded. Caribbean Flavours declined by 6 cents to $2.27 with 51,221 stock units passing through the market, Caribbean Producers rose 12 cents to $3.30 with a transfer of 128,402 shares, Consolidated Bakeries climbed 30 cents to $1.55 with an exchange of 308,319 stocks. Derrimon Trading increased by 5 cents to $2.60 with 324,491 units changing hands, Fontana climbed 16 cents to $5.98 with 901,113 shares traded, Fosrich gained 15 cents to finish at $5.35 with 2,175,280 stocks passing through the market.  iCreate rose 7 cents to 81 cents with a transfer of 32,680 stock units, Indies Pharma slipped 5 cents to $4.45 with an exchange of 675,385 units, Iron Rock Insurance jumped 30 cents to $3.60 with 27,836 shares changing hands. Jetcon Corporation fell 8 cents to 70 cents with 75,350 stocks traded, Lasco Manufacturing lost 8 cents to end at $4.41 with 32,473 units passing through the market, Limners and Bards rose 5 cents to $2.75 with a transfer of 398,797 shares. Lumber Depot fell 14 cents to $2.36 with 4,043,628 stocks passing through the market, Main Event climbed 35 cents to $3.47 with a transfer of 21,350 stock units and tTech dropped 28 cents to $4.42 with 19,083 shares crossing the exchange.

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