The Junior Market of the Jamaica Stock Exchange closed on Thursday, with the market squeezing out a small gain after more stocks rose than decline with a hefty 154 percent more shares trading than Wednesday.
Trading ended with 31 securities changing hands compared to 35 on Wednesday and ended with the prices of 15 stocks rising, the prices of 10 declining and six, with remaining unchanged.
At the close, the Junior Market Index carved out a gain of 3.26 points to close at 2,457.36. The average PE Ratio of the market ended at 10.1 based on IC Insider.com forecast of 2020-21 earnings.
The market closed with an exchange of 4,265,667 shares for $9,982,025 compared to 1,678,856 units at $4,184,920 on Wednesday. MailPac Group led trading with 3.52 million shares for 82.9 percent of total volume, followed by Limners and Bards with 374,097 units for 8.8 percent of the day’s trade and Lasco Distributors with just 51,906 units for 1.2 percent market share.
Trading ended with an average of 137,142 units at $322,001 in contrast to 47,967 at $119,569 on Wednesday. For the month to date, the average trade resulted in an exchange of 90,508 units at $260,932, in comparison to 67,920 units at $231,351 on Wednesday. Trading in August resulted in an average of 104,426 units at $321,996 trading.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows five stocks ending with bids higher than their last selling prices and seven with lower offers.
At the close of the market, Access Financial gained 6 cents to end at $20.96, in exchanging 1,003 shares, Caribbean Assurance Brokers lost 6 cents to close at $1.94, trading 1,000 units, Caribbean Cream rose 55 cents to $4.75, with 4,000 units changing hands. Caribbean Flavours shed 33 cents in transferring 12,648 stock units at $18, Caribbean Producers finished 9 cents higher at $2.40, with 4,750 stock units clearing the market, Dolphin Cove slid 99 cents to a 52 weeks’ low of $5.51, after trading 46,554 shares. Elite Diagnostic ended at $3.05, with a loss of 40 cents, with 400 units changing hands, Express Catering closed 15 cents higher at $3.50, after transferring 2,000 stock units, Fontana slipped 4 cents to $4.71, in exchanging 22,926 stock units. Fosrich picked up 10 cents to end at $3.90, with investors swapping 500 units, General Accident lost 8 cents to end at $6.40 in trading 4,000 units, Honey Bun gained 30 cents, ending at $5.10 as investors swapped 5,006 units.
Indies Pharma gained 19 cents and ended at $2.84, with and 14,008 stock units clearing the market, ISP Finance climbed $2 in closing at $15 in transferring 1,000 units, Jamaican Teas rose 63 cents to close at $4.69, after an exchange of 3,000 units. Jetcon Corporation slipped 4 cents to 80 cents trading 9,510 stock units, Knutsford Express finished 10 cents higher at $6.90, with a transfer of 3,649 shares, Lasco Distributors carved out a gain of 10 cents to close at $3.10, with 51,906 shares crossing the market. Lasco Financial gained 2 cents to settle at $2.15, in trading 51,250 shares, Lasco Manufacturing lost 18 cents to end $3.61 after exchanging 6,000 units, Limners and Bards shed 12 cents in closing at $2.61, while trading 374,097 shares. Lumber Depot gained 6 cents to end at $1.05, with a transfer of 4,511 units, MailPac Group closed at $2, with a gain of 1 cent in trading 3,522,281 shares, Main Event rose 30 cents to end at $3.70, in exchanging 100 units and tTech shed 60 cents to settle at $5.50 with investors swapping 40,849 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading ended with 35 securities changing hands compared to 29 on Tuesday and ended with the prices of 13 stocks rising, 15 declining and seven remaining unchanged.
At the close of the market, Access Financial gained 9 cents to end at $20.90, with 500 shares crossing the market, AMG Packaging lost 15 cents to close at $1.56 trading 3,100 stock units, Cargo Handlers shed 55 cents to settle at $6 while exchanging 7,493 units. Caribbean Cream lost 30 cents in ending at $4.20 with investors switching ownership of 26,646 shares, Caribbean Flavours climbed 74 cents to $18.33, in exchanging 14,174 stocks, Caribbean Producers lost 9 cents in closing at $2.31 and transferring 183,684 shares. Derrimon Trading gained 20 cents to end at $2.50, after exchanging 9,200 units, Elite Diagnostic rose 44 cents to $3.45 and clearing the market with 389 shares, Everything Fresh picked up 3 cents to end at 70 cents after exchanging 100 units. Express Catering shed 59 cents to settle at $3.35 trading 50,224 shares, Fontana lost 4 cents to finish at $4.75, with 137,591 shares passing through the market, Fosrich lost 20 cents and closed at $3.80 with 16,501 stock units crossing the market. General Accident closed 41 cents higher at $6.48, in exchanging 26,026 stock units, Honey Bun ended at $4.80, with a loss of 30 cents and 22,155 stock units crossing the market, iCreate slipped 2 cents to 68 cents trading 13,646 stock units.
Indies Pharma shed 14 cents to end at $2.65 trading 14,764 shares, Iron Rock Insurance lost 25 cents to close at $2.90 with investors switching ownership of 6,225 units, ISP Finance rose $1 to settle at $13, with 902 units passing through the market. Jamaican Teas dropped 54 cents to $4.06, after clearing the market with 42,687 shares, Jetcon Corporation gained 4 cents to finish at 84 cents, in transferring 605,400 stocks, KLE Group gained 6 cents to end at $1.42, after trading 5,000 units. Knutsford Express lost 10 cents to close at $6.80, with 4,308 units crossing the market, Lasco Financial shed 1 cent to close at $2.13, in trading 67,204 shares, Lasco Manufacturing gained 19 cents and ended at $3.79, with an exchange of 34,639 shares. Limners and Bards carved out a gain of 3 cents after ending at $2.73 and a transfer of 30,260 stock units, MailPac Group lost 1 cent to end at $1.99 with investors swapping 50,600 shares. Medical Disposables rose 22 cents to finish at $4.89 trading 7,305 stocks and Stationery and Office Supplies gained 5 cents to settle at $5.65 with investors swapping 9,846 units.
Trading ended, with 32 securities changing hands, compared to 34 on Wednesday and ended with the prices of 10 stocks rising, 15 stocks declining and seven ending, with prices remaining unchanged.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows one stock ended with bids higher than their last selling prices and none closing with lower offers.
Jamaican Teas lost 6 cents to settle at $4.84, with an exchange of 188,647 units, KLE Group declined 6 cents to close at $1.36 with 47,759 units traded, Knutsford Express dropped 5 cents to finish at $6.85 with 220 stock units changing hands. Lasco Distributors gained 5 cents to end at $3.20 with investors transferring 9,000 stock units, Lasco Financial rose 7 cents to close at $2.16 after exchanging 14,100 units, Lasco Manufacturing traded 300,713 units and shed 38 cents to finish at $3.60. Limners and Bards ended 9 cents higher at $2.60 with investors switching ownership of 163,400 shares, Lumber Depot fell 5 cents to close at $1 with 380,966 shares changing hands, Medical Disposables lost 5 cents to finish at $4.95 with 3,960 units traded and tTech dropped 8 cents to settle at $5.41 with 8,222 units crossing the exchange.
Trading concluded with 34 securities changing hands compared to 31 on Tuesday and ended with the prices of 17 stocks rising, the prices of 12 declining and five with prices remaining unchanged.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows two stocks ended with bids higher than their last selling prices and three with lower offers.
Fosrich slipped 5 cents to close at $3.70, with 2,327 units changing hands, General Accident advanced 5 cents to end at $6.34 with investors transferring 11,000 shares, Honey Bun gained 1 cent to finish at $5.10 with investors switching ownership of 2,285 units. iCreate increased by 2 cents to close at 70 cents with 15,331 stock units traded, Indies Pharma gained 7 cents in the exchange of 74,978 stock units to settle at $2.82, Jamaican Teas fell 4 cents to finish at $4.90 with 43,715 stock units changing hands. Jetcon Corporation closed 2 cents higher at 84 cents in the exchange of 33,751 shares, Lasco Distributors lost 9 cents to end at$3.15 with investors switching ownership of 63,559 units, Lasco Financial traded 163,583 stock units and fell 7 cents to settle at $2.09. Lasco Manufacturing gained 9 cents to finish at $3.98 with 33,050 shares traded, Limners and Bards traded 133,577 stocks and advanced 23 cents to close at $2.51, Lumber Depot ended 5 cents higher at $1.05 with investors transferring 92,005 stock units. Mailpac Group exchanged 217,089 stocks and gained 3 cents to settle at $2, Main Event declined by 10 cents to finish at $3.40 with investors switching ownership of 7,198 stock units, Medical Disposables lost 10 cents to end at $5 with 52,970 stock units traded. Stationery and Office Supplies climbed 20 cents to close at $5.80, with investors transferring 142 shares and tTech advanced by 8 cents to settle at $5.49 with 2,948 units crossing the exchange.
IC bid-offer Indicator| 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.
Honey Bun climbed 26 cents to close at $5.09 with a mere 10 units changing hands, iCreate finished 1 cent higher at 68 cents with 321,388 units crossing the market. Indies Pharma declined by 5 cents in exchanging 27,770 stock units to close at $2.75, Iron Rock Insurance advanced 40 cents to end at $3.20, in trading 24,000 shares, Jamaican Teas rose 29 cents to close at $4.94 with 154,886 units changing hands. Jetcon Corporation fell 4 cents to settle at 82 cents in an exchange of 48,603 stocks, Lasco Distributors advanced 24 cents to finish at $3.24 with 70,312 units traded, Lasco Manufacturing gained 9 cents to end at $3.89 with investors transferring 20 units. Limners and Bards exchanged 274,649 shares and dropped 38 cents to close at $2.28, Lumber Depot slipped 2 cents to $1 with investors switching ownership of 20,000 stock units, Mailpac Group declined by 10 cents to settle at $1.97 with 563,033 units traded. Main Event increased 10 cents to close at $3.50 with investors transferring 6,284 stock units, Stationery and Office Supplies dropped 19 cents to finish at $5.60 in the trading of 124,072 stocks and tTech fell 9 cents to settle at $5.41 with 25,878 shares crossing the exchange.
Trading ended with 30 securities changing hands compared to 27 on Tuesday and ended with the prices of eight stocks rising, 15 stocks declining and seven remaining unchanged.
At the close of the market, Access Financial shed $3 to settle at $20 with 1,914 shares traded, AMG Packaging slipped 1 cent to $1.70 and clearing the market with 2,790 stocks, Blue Power fell 34 cents to end at $3.06 with 3,740 units changing hands. Cargo Handlers rose 77 cents to settle at $7.30 in trading 120 stock units, Caribbean Assurance Brokers advanced 1 cent to close at $1.93 with an exchange of 41,233 stocks, Caribbean Cream climbed 54 cents to $5.04 with investors transferring 60,726 units. Caribbean Producers declined by 2 cents to end at $2.43 with 204,759 stock units traded, Elite Diagnostic finished at $3.10 after losing 2 cents and clearing the market with 2,500 shares, Everything Fresh gained 3 cents to settle at 71 cents with 1,000 units changing hands. Fontana closed 4 cents higher at $4.99 in an exchange of 47,715 stock units, General Accident fell 57 cents to $5.93, with 67,329 stocks traded, Honey Bun lost 8 cents to end at $5.01 after exchanging 3,918 shares.
iCreate lost 4 cents to finish at 61 cents with investors transferring 115,000 stock units, Iron Rock Insurance fell 10 cents to $3.10 with 100 stocks traded, Jamaican Teas dropped 25 cents to end at $4.60 after exchanging 48,256 shares. Jetcon Corporation rose 1 cent to end at 81 cents, with 117,493 units passing through the market, Knutsford Express slipped 9 cents to close at $6.81 with an exchange of 300 units, Lasco Distributors gained 18 cents to end at $3.25 with 83,878 units changing hands. Lasco Financial slipped 6 cents to finish at $2.20 with investors transferring 31,094 stock units, Limners and Bards lost 7 cents to close at $2.60, in clearing the market with 139,671 units, Lumber Depot slid 6 cents to end at 98 cents, with an exchange of 31,500 stock units. Mailpac Group advanced 2 cents to settle at $1.98, with 517,864 stock units traded and Medical Disposables lost 1 cent to end at $4.99 with a mere 20 shares crossing the exchange.
IC bid-offer Indicator| 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 two with lower offers.
iCreate settled at 61 cents, with a gain of 1 cent and 298,692 shares crossing the market, ISP Finance shed 80 cents to settle at $15, with 129 units passing through the market. Jamaican Teas rose 1 cent to $5, with investors switching ownership of 43,500 stock units, Knutsford Express declined 98 cents to close at $6.90 in an exchange of 1,840 stock units, Lasco Distributors gained 20 cents, in closing at $3.25 with 7,768 stocks changing hands. Lasco Financial lost 5 cents to end at $2.30 trading 47,768 stock units, Limners and Bards declined by 4 cents to settle at $2.96 as investors swapped 185,204 shares, Lumber Depot fell 2 cents to $1.04, in an exchange of 806,750 shares. MailPac Group gained 1 cent to end at $2.15, after trading 543,553 shares, Medical Disposables shed 26 cents to settle at $4.93, with 7,531 units crossing the market and tTech rose 25 cents to end at $6.75 trading 10,097 units.
Trading ended with 30 securities changing hands, down from 34 on Tuesday and ended with the prices of 12 stocks rising, 13 declining and five ended, with unchanged prices.
IC bid-offer Indicator| 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 four with lower offers.
Jamaican Teas fell 1 cent in closing at $4.99 while exchanging at 23,440 stocks, Jetcon Corporation lost 9 cents to end at 92 cents in an exchange of 3,000 stocks, KLE Group climbed 2 cents to settle at $1.42 and clearing the market with 2,700 shares. Lasco Distributors gained 2 cents to close at $3.27 in an exchange of 56,668 stock units, Lasco Financial lost 15 cents in closing at $2.35, with 5,505 stock units changing hands, Lasco Manufacturing shed 23 cents to end at $3.52 after 14,255 stocks passed through the market. Limners and Bards shed 2 cents to end at $2.86, with 12,505 shares crossing the market, Lumber Depot declined 1 cent to end at $1.06 trading 97,071 units, Mailpac Group increased 3 cents to $2.15, with 612,063 units changing hands and Medical Disposables carved out a loss 10 cents to finish at $5.20 trading 134,204 shares.
Trading ended with 34 securities changing hands compared to 32 on Monday and ended with the prices of 13 stocks rising. Prices of 10 stocks declined and prices of 11 remained unchanged.
IC bid-offer Indicator| 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.
iCreate advanced 3 cents and traded 1,993 units to settle at 60 cents, Indies Pharma fell 7 cents to $2.90 with 9,200 shares changing hands, Jetcon Corporation carved out a gain of 10 cents to end at $1.01 and clearing the market with 6,097 shares. Lasco Distributors slipped 3 cents to close at $3.25 with 70,905 shares passing through the market, Lasco Financial rose 9 cents to settle at $2.50 trading 5,700 units, Lasco Manufacturing declined by 3 cents to end at $3.75 in an exchange of 55,345 stock units. Limners and Bards climbed 21 cents to finish at $2.88 with investors transferring 27,316 stocks, Lumber Depot gained 1 cent to close at $1.07 with 147,000 shares changing hands, Mailpac Group declined 2 cents to end at $2.12 with an exchange of 303,405 stock units. Medical Disposables climbed 25 cents to close at $5.30 with 3,410 shares traded and tTech dipped 80 cents to close at $6.50, with 22,081 shares crossing the exchange.
An average of 50,227 units traded at $123,569 on Thursday, in contrast to an average of 82,162 at $243,633 on Wednesday. F
Lasco Financial declined by 13 cents and ending at $2.41, with 131,441 units changing hands, Lasco Manufacturing shed 12 cents to end at $3.50 121,608 stock units crossing the exchange. Limners and Bards slipped 10 cents to end at $2.51 in an exchange of 218,192 stock units, Lumber Depot advanced by 1 cent in closing at $1.06 while exchanging 6,194 stock units, Mailpac Group lost 4 cents closing at $2.10 with investors switching ownership of 479,529 stocks. Main Event gained 1 cent to closed at $4 in an exchange of 230 shares, Medical Disposables dipped 1 cent to close at $4.99, with 8,575 units changing hands, Paramount Trading shed 3 cents in closing at $1.77 and cleared the market with 1,000 shares. Stationery and Office Supplies dropped by 8 cents in closing at $5.90, with investors switching ownership of 3,500 shares and tTech rose 17 cents ending at $7.30 clearing the market with 25,124 units.