Big day for Junior Market

The Junior Market recorded gains at the close of trading on Wednesday, with the prices of the two largest Lasco companies rising, following the release of positive first-quarter profit results.

Lasco Manufacturing rose on Junior Market on Wednesday following Q1 profit release.

Trading ended, with 33 securities changing hands, one more than on Tuesday, with the prices of 17 stocks rising, eight stocks declining and eight remaining with unchanged prices.
At the close, the market Index rose 31.93 to close at 2,564.93 and the average PE Ratio of the Junior Market ended at 10.8 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 2,711,361 shares for $8,041,179 compared to 7,640,477 units at $18,768,624 on Tuesday.
Lasco Distributors led trading with 444,945 shares for 16.4 percent of total volume, followed by Caribbean Producers with 441,603 units for 16.3 percent of the day’s trade and Fosrich with 306,610 units for 11.3 percent market share.
An average of 82,162 units changed hands at $243,672 on Wednesday, in contrast to an average of 238,765 at $586,519 on Tuesday. An average of 267,316 units traded at $728,746 for the month to date, in contrast to 277,046 units at $745,046. In comparison, June ended, with an average of 245,049 units trading at $689,955.
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 six with lower offers.
At the close of the market, AMG Packaging fell 2 cents to end at $1.63, with 8,471 stock units changing hands, Blue Power added 1 cent to close at $3.30 with investors swapping 69,984 units, Cargo Handlers climbed 60 cents to $7.10, with 500 shares changing hands. Caribbean Assurance Brokers lost 10 cents in closing at $2.15 in trading 6,100 units, Caribbean Cream shed 27 cents ending at $3.58 with investors switching ownership of 57,700 stock units. Caribbean Flavours climbed 57 cents in closing at $12.07 and trading 800 units, Caribbean Producers ended 1 cent higher at $2.39 with an exchange of 441,603 shares, Everything Fresh rose 2 cents to 67 cents in trading 161,764 stock units. Express Catering carved out a gain of 9 cents to close at $4.09, with 7,900 stock units crossing the exchange, Fontana gained 5 cents in closing at $5.05 with an exchange of 33,420 units, General Accident rose 20 cents to close at $7.15 after exchanging 116,000 stock units. GWest Corporation gained 2 cents to settle at 89 cents, with 2,098 shares changing hands, iCreate shed 2 cents to end at 54 cents in trading 45,143 units and Iron Rock Insurance shed 9 cents to end at $3.80 with investors swapping 3,100 stock units.
In the preference share segments, CAC 2000 9.5% fell 5 cents to settle at 95 cents and clearing the market with 51,000 units.

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

Junior Market in big recovery

Trading ended on the Junior Market, with a surge in the market index as it recovered a sizable portion of the amounts lost on Tuesday as investors exchanged 62 percent fewer securities than on Tuesday.
At the close, the Junior Market Index rose 43.57 points to 2,562.54, and the average PE Ratio of the Junior Market ended at 10.8 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 2,599,966 shares with a value of $6,389,414 compared to 6,810,921 units at $19,386,503 on Tuesday, as 32 securities changed hands compared to 30 stocks on Tuesday, with the prices of 16 stocks rising, nine declining and seven remaining unchanged.
Mailpac Group led trading with 736,959 shares for 28.3 percent of total volume followed by Limners and Bards with 298,963 units for 11.5 percent of the day’s trade and iCreate with 245,467 units for 9.4 percent market share.
An average of 81,249 units traded at $199,669 for each security, in contrast to an average of 227,031 shares at $646,217 on Tuesday. An average of 306,642 units at $818,545, changed hands for the month to date, in comparison to an average of 321,956 shares for $873,181. Trading in June resulted in an average of 245,049 units trading at $689,955.
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.
At the close of the market, AMG Packaging carved out a loss of 10 cents to end at $1.70, with 10 shares passing through the market, CAC 2000 fell 10 cents in closing at $9.10 and finishing with 167 stock units changing hands, Caribbean Assurance Brokers gained 5 cents to settle at $2.15 with investors switching ownership of 12,565 units. Caribbean Cream rose 4 cents after closing at $3.84 and clearing the market with 93,726 units, Caribbean Flavours carved out a loss $1 to end at $10.50 clearing the market with 760 shares, Caribbean Producers declined 1 cent to settle at $2.35, with 134,399 shares passing through the market. Consolidated Bakeries advanced by 33 cents to close at $1.55 with investors switching ownership of 5,900 units, Derrimon Trading climbed 21 cents to close at $2.41 after 58,000 stock units passed through the market, Everything Fresh carved out a loss 4 cents to end at 62 cents while exchanging 165,129 shares. Express Catering increased 27 cents in ending at $4.32, with 4,162 units crossing the exchange, Fontana rose 1 cent to settle at $5.02 after 44,643 shares passed through the market, Fosrich added 7 cents to close at $3.74 in exchanging 26,694 stock units. General Accident ended rising 17 cents in closing at $6.97 after trading 49,193 stock units, Honey Bun shed 5 cents in ending at $5.50 while exchanging 4,662 units, iCreate increased 1 cent to close at 54 cents after trading 245,467 stock units. Jamaican Teas advanced 6 cents to $5.06 in exchanging 2,107 shares, KLE Group rose 20 cents to close at $1.55 while 10,000 shares changed hands, Lasco Financial added 6 cents in closing at $2.56 with investors exchanging 70,158 shares. Lasco Manufacturing gained 10 cents to end at $3.75 in an exchange of 71,824 units, Limners and Bards climbed 25 cents to settle at $2.70 with 298,963 shares changing hands, Lumber Depot increased 2 cents to close at $1.07 with an exchange of 56,079 shares. Mailpac Group fell 1 cent in ending at $2.02 and trading 736,959 units, Medical Disposables in rising 3 cents ended at $5.20 with 60,875 shares clearing the market. SSL Venture dropped 11 cents in closing at 78 cents while trading 100 stock units and tTech lost 55 cents to end at $5.95, with 27,500 units passing through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Junior Market just slips to close Friday

The Junior Market ended trading on Friday sharply lower activity than on Thursday as total volume plunged 68 percent below Thursday and the total dollar value slipping 24 percent as the number of securities changing hands rose from 28 to 33.
Trading ended with the prices of 10 stocks rising, the prices of 14 declining and nine remaining with prices unchanged.
The Junior Market Index slipped by just 0.53 points to close at 2,529.34 and is marginally down, compared to the close of the previous week. The average PE Ratio of the market dipped at 9.7 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 1,842,894 shares for $4,327,353 compared to 5,847,715 units at $16,656,620 on Thursday.
Mailpac Group led trading with 795,955 shares for 43 percent of total volume, followed by AMG Packaging with 394,514 units for 21.4 percent of the day’s trade and Caribbean Cream with 115,469 units for 6.3 percent market share.
The market closed with an average of 55,845 units at $131,132 trading, in contrast to an average of 208,847 at $594,879 on Thursday. An average of 346,931 units changed hands at $937,761 for the month to date, in contrast to 372,277 units at $1,007,995. Trading in June resulted in an average of 245,049 units at trading $689,955.
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 one with a lower offer.
At the close of the market, AMG Packaging gained 23 cents to close at $1.80 with 394,514 shares changing hands, Caribbean Assurance Brokers carved out a gain of 18 cents to end at $2.19 trading 6,044 shares, Caribbean Cream shed 24 cents to close at $3.26 with 115,469 units passing through the market. Consolidated Bakeries declined by 33 cents closing at $1.22 in trading 1,000 units, Derrimon Trading rose 17 cents to end at $2.37 in exchanging 5,039 shares, Everything Fresh lost 5 cents to end at 69 cents with 26,664 shares changing hands. Fontana fell 15 cents to close at $5 in an exchange of 46,487 shares, Fosrich added 1 cent to end at $3.61 with investors exchanging 21,734 shares, Honey Bun lost 1 cent to close at $4.90 with investors trading 5,632 units. iCreate carved out a loss 1 cent to 53 cents with an exchange of 60,060 shares, Jamaican Teas advanced 10 cents in closing at $5.07 with investors switching ownership of 12,560 stock units, Jetcon Corporation gained 6 cents to close at $1.03 in exchanging 2,715 shares. KLE Group shed 44 cents to end at $1.35 with investors switching ownership of 25,588 stock units, Knutsford Express rose 1 cent to $7 2,000 stock units passing through the market, Lasco Distributors carved out a loss 8 cents in closing at $2.82 with 1,615 shares changing hands. Lasco Financial rose 9 cents to end at $2.54 after exchanging 758 shares, Lasco Manufacturing fell 20 cents in closing at $3.55 trading 12,617 units, Limners and Bards rose 10 cents to $2.55 trading 6,692 shares. Lumber Depot carved out a loss 1 cent to finish $1.02 in an exchange of 31,202 units, Mailpac Group fell 7 cents, to $1.98 with 795,955 units clearing the market, Medical Disposables declined by 25 cents to settle at $5.80 in trading 71,760 stock units. Paramount Trading dropped 15 cents to $1.81 with 44,350 stock units crossing the exchange, SSL Venture lost 11 cents to end at 78 cents with investors trading 1,002 stock units and Stationery and Office Supplies gained 38 cents closing at $5.98 after 6,358 units crossed the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Junior Market claws back losses

Junior Market stocks partially reversed the sharp decline they suffered on Friday by recovering more than half of the loss in the index on Monday and closed with advancing stocks beating out decliners.
At the close, the Junior Market Index climbed 23.92 points to 2,556.00. Trading ended with 31 securities changing hands with the prices of 13 stocks rising, 11 declining and seven closing unchanged.
The average PE Ratio of the Junior Market ended at 10 based on IC Insider.com’s forecasted 2020-21 earnings. The market closed with an exchange of 3,822,981 shares for $10,886,036 compared to 4,584,423 units at $12,466,749 on Friday.
The average trade for the day ended at 123,322 units at $351,162 in contrast to an average of 130,984 valued at $356,193 on Friday. An average 427,049 units traded for the month to date for $1,086,232, in contrast to 464,265 units at $1,176,300. The average for June was245,049 units at $689,955.
Mailpac Group led trading with 1.42 million shares for 37 percent of total volume, followed by Indies Pharma with 521,761 units for 13.6 percent of the day’s trade and General Accident with 415,000 units for 11 percent market share.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the Junior Market shows one stock ended with the bid higher than the last selling price and two with lower offers.
At the close of the market, Access Financial advanced $3.33 to settle at $25 after an exchange of 4,208 shares, AMG Packaging jumped 37 cents to end at $1.52 with investors swapping ten units, Caribbean Flavours jumped $1 to close at $11.50 trading 976 units. Caribbean Producers dropped 3 cents to end at $2.45 with an exchange of 410,802 units, Dolphin Cove lost 80 cents to end at $7 in trading 41,830 shares, Everything Fresh gained 7 cents to close at 74 cents with 35,000 shares changing hands. Fontana climbed 10 cents to end at $5.20 with an exchange of 115,618 units, General Accident rose by 20 cents to end at $7 with investors exchanging 415,000 shares, Honey Bun lost 1 cent to close at $5.49 in trading 17,345 units. iCreate gained 1 cent to settle at 55 cents with investors swapping 29,262 stock units, Indies Pharma shed 3 cents in ending at $2.75 and trading 521,761 stock units, ISP Finance fell 8 cents and closing at $15.90 after exchanging 100 shares. Jamaican Teas rose 29 cents to end at $4.99 trading 14,142 stock units, Jetcon Corporation declined by 4 cents in ending at $1.01 with 52,984 stock units crossing the exchange, KLE Group declined by 1 cent in closing at $1.79 with an exchange of 279 shares. Knutsford Express gained 12 cents to end at $6.62 in trading 8,420 stock units, Lasco Distributors shed 8 cents to close at $2.99 in exchanging 43,174 stock units, Lasco Manufacturing fell 14 cents ending at $3.56 with investors switching 21,945 units. Limners and Bards shed 15 cents to close at $2.45 with an exchange of 111,677 stock units, Lumber Depot ended rising 5 cents to $1.07 trading 208,644 units, Mailpac Group added 1 cent to settle at $2.04 in exchanging 1,415,547 stock units. Main Event dropped 8 cents to $3.99 with 37,832 stock units changing hands, Medical Disposables inched 1 cent higher to close at $6.41 with an exchange of 4,384 units and tTech jumped $1.10 to settle at $5.80 in trading 1,148 units.

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

Junior Market jumps to end June

The Junior Market of the Jamaica Stock Exchange ended June on a positive note with the market index rising 24.30 to close at 2.592.24 and ended the halfway mark of the year, down 22.6 percent and closing out the month 41 points lower than the close of May.
Trading ended with 33 securities changing hands, down from 37 on Monday, with prices of 15 stocks rising, 10 declining and eight stocks closing unchanged. The average PE Ratio of the Junior Market ended at 10.1 based on IC Insider.com’s forecasted 2020-21 earnings.
The market closed with an exchange of 4,554,181 shares accounting for 12,472,239 compared to 13,689,006 units at 25,143,842 on Monday.
Jetcon Corporation led trading with 1.23 million units for 27 percent of total trades, followed by Mailpac Group with 786,681 shares or 17 percent and Lasco Distributors with 675,284 stock units at 15 percent market share.
The average trade for the ended at 138,005 units at 377,947 in contrast to an average of 414,818 valued at 761,935 on Monday. The average volume and value for the month to date amounts to 245,049 units valued at 689,955 in contrast to 258,414 units valued at $659,203. Trading for May ended with an average of 150,274 units for $491,077 for each security.
 IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the Junior Market shows four stocks ended with bids higher than their last selling prices and four with lower offers.
At the close of the market, Access Financial jumped $5.49 to $27 with 56,075 shares trading, AMG Packaging gained 3 cents to close at $1.68 after exchanging 7,720 shares, Blue Power advanced 16 cents to settle at $3.86 in trading 2,918 units. Cargo Handlers dropped 60 cents to $6.40 with 1,400 shares changing hands, Caribbean Assurance Brokers rose 5 cents and transferred 6,549 stock units to finish at $2.20, Caribbean Flavours jumped $2.22 to end at $13.72 with an exchange of 22,218 shares. Caribbean Producers slipped 3 cents to $2.37 with 152,585 units changing hands, Consolidated Bakeries closed 9 cents higher at $1.60, trading 30,100 units, Derrimon Trading climbed 24 cents and exchanged 35,826 shares to finish at $2.42. Dolphin Cove dropped 2 cents to $8.28 with 1,460 stock units passing through the market, Fontana decreased 6 cents to settle at $5.39 with 46,002 units changing hands, Fosrich climbed 56 cents to end at $4.02 in the transfer of 117,363 shares. Honey Bun gained 8 cents and traded 43,409 stock units to settle at $5.72, Indies Pharma carved out a 15 cents gain to end at $2.63 with an exchange of 508,368 units, Jamaican Teas dropped 11 cents to close at $4.78 with investors transferring 3,642 stock units. Jetcon Corporation exchanged 1,236,791 units and fell 2 cents to settle at $1.08, Knutsford Express rose 20 cents to end at $8.90 with 11,637 stock units changing hands, Lasco Distributors shed 6 cents in the exchange of 675,284 shares to finish at $3. Lasco Manufacturing declined 45 cents to end at $3.50in the transfer of 87,821 stock units, Limners and Bards lost 24 cents to close at $2.56 trading 139,400 units, Lumber Depot advanced 13 cents and traded 133,144 stock units to settle at $1.13. Mailpac Group closed 1 cent higher at $1.99 exchanging 786,681 units, Main Event jumped 48 cents to settle at $4.48 in trading 977 shares, Medical Disposables shed 70 cents and with 300,200 shares changing hands to finish at $6.30 and Stationery and Office Supplies added 30 cents to end at $6.29 with 200 shares crossing the exchange.

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

Junior Market slips this week

Trading on the Junior Market of The Jamaica Stock exchange resulted in a fall in the market index for the third time this week, as the index closed the week under the 2,600 points mark at 2,584.29, after falling 30.72 points on Friday and the week, with a 33.96 points loss.
The day’s activities ended, with 31 securities changing hands, down from 32 on Thursday and ended with the prices of seven stocks rising, 13 declining and 11 closing unchanged. The average PE ratio of the Junior Market ended at ten based on IC Insider.com’s projected earnings for 2020-21.
Investors exchanged of 5,923,133 shares at $14,437,994 compared to 2,672,495 units valued at $9,837,334 on Thursday.
The average trade of the day was 191,069 units at $465,742, in contrast to an average of 83,515 units for $307,417 on Thursday. The average volume and value for the month to date amounts to 250,116 units valued at $638,843 in contrast to 253,214 units at $624,575, previously traded. In contrast, May closed with an average of 150,274 units for $491,077 for each security.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows two stocks ended with bids higher than their last selling prices and two with lower offers.
At the close of the market, Blue Power declined by 3 cents in ending at $3.67 after swapping 33,687 shares, Cargo Handlers decreased 50 cents to $7 trading 10,197 units, Caribbean Assurance Brokers rose 8 cents to settle at $2.20 with 67,210 shares changing hands. Caribbean Flavours declined 30 cents to close at $11.70 with an exchange of 162 stock units, Caribbean Producers shed 4 cents to settle at $2.34 after exchanging 84,080 units, Derrimon Trading declined by 26 cents to close at $2.18 trading 400,000 shares. Fontana inched 1 cent to $5.49 with an exchange of 150,227 stock units, General Accident increased 10 cents to settle at $6 trading just 100 shares, iCreate lost 1 cent to end at 57 cents in swapping 98,157 stock units. Indies Pharma fell 10 cents after closing at $2.50 and trading 535,688 units, Jamaican Teas increased 28 cents to $4.71 with 285,487 stock units crossing the exchange, Jetcon Corporation dropped 2 cents to close at $1.02 with an exchange of 406,110 shares. Knutsford Express fell 70 cents to close at $8 with an exchange of 39,200 stock units, Lasco Distributors rose 5 cents to $3.05 with an exchange of 352,503 shares, Lasco Manufacturing decreased by 5 cents to settle at $3.95 in trading 4,216 stock units. Limners and Bards shed 30 cents to end at $2.40 after exchanging 506,191 shares, Mailpac Group added 8 cents to settle at $1.97 with 2,553,025 stock units changing hands, Medical Disposables shed 1 cent to close at $6.74 after swapped 3,911 units and tTech gained 1 cent in ending at $4.70 with an exchange of 59,766 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

More gains for Junior Market

The Junior Market eked more gains at the close of trading on Thursday with the market index carving out a modest rise of 12.09 points to close at 2,615.01, with reduced trading levels.
The day ended with 32 securities changing hands, from 36 securities on Wednesday. The prices of 11 stocks rose, 13 declining and eight stocks closed unchanged. The average PE ratio of the market ended at ten based on IC Insider.com’s projected 2020-21 earnings. Trading ended with an exchange of 2,672,495 shares at $9,837,334 compared to 4,874,547 units at$20,159,456 on Wednesday.
The average trade of the day was 83,515 units at $307,417 in contrast to an average of 139,273 units at $575,984 on Wednesday. The average volume and value for the month to date ended at 253,190 units and $624,575 and previously an average of 262,928 units at $761,592. In contrast, May closed with an average of 150,274 units for $491,077 for each security.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows five stocks ended with bids higher than their last selling prices and 2 with lower offers.
At the close of the market, Blue Power gained 10 cents in closing at $3.70, trading 9,244 stock units, Caribbean Assurance Brokers, declined by 18 cents to end at $2.12 exchanging 52,337 units, Caribbean Flavours rose 10 cents to settle at $12 with 200,000 shares changing hands. Caribbean Producers shed 1 cent to settle at $2.38 trading 74,062 stock units, Consolidated Bakeries gained 15 cents to close at $1.70 after exchanging 100 shares, Derrimon Trading carved out a 4 cents rise to end at $2.44 after exchanging 10,000 units. Elite Diagnostic advanced 17 cents to settle at $4 with 123,700 units changing hands, Express Catering shed 4 cents to end at $4.95 in trading 1,000 units, Fontana lost 2 cents to settle at $5.48 after swapping 336,869 stock units. Fosrich surged 44 cents closing at $4 with investors switching ownership of 101,550 units, General Accident declined by 11 cents in ending at $5.90 with 125,501 stock units changing hands, Honey Bun increased 30 cents to close at $5.63 with 5,369 units crossing the exchange. Indies Pharma rose 5 cents ending at $2.60 with an exchange of 36,367 stock units, Jamaican Teas lost 6 cents closing at $4.43 in trading 133,513 units, Jetcon Corporation lost 11 cents ending at $1.04 while trading 182,037 shares. KLE Group gained 10 cents to close at $1.80 with an exchange of 1,647 stock units, Lasco Distributors increased 2 cents closing at $3 having swapped 32,467 shares, Limners and Bards dipped 4 cents to end at $2.70 trading 182,381 shares. Lumber Depot lost 1 cent to close at $1.12 with 210,000 units changing hands, Mailpac Group fell 1 cent to settle at $1.89 with an exchange of 544,521 shares, Main Event advanced by 38 cents ending at $4.48 with a transfer of 273 shares. Medical Disposables shed 5 cents to close at $6.75 in exchanging 7,369 shares, Stationery and Office Supplies lost 8 cents in closing at $6.20, with an exchange of 1,000 units and tTech lost 1 cent to settle at $4.69 with 180 shares crossing the exchange.

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

Junior Market tops 2,600 again

Trading on the Junior Market of the Jamaica Stock Exchange resulted in Market Index surging 52.72 points to close at 2,602.92 to cross back above the 2,600 mark after falling below it on Monday, as trading fell back to more normal levels, from the heightened level on Tuesday.
By the close of the market, investors exchanged 4,874,547 shares for $20,159,456 compared to 46,968,202 units at $126,633,229 on Tuesday. The day’s activities saw 35 securities changing hands, with the prices of 12 rising 11 stocks declining and 12 closing with prices remaining unchanged. The average PE ratio of the market ended at 9.9 based on IC Insider.com’s 2020-21 earnings.
The average trade of the day was 139,273 units at $575,984, in contrast to an average of 1,467,756 units for $3,957,288 on Tuesday. The average volume for the month to date amounts to 262,928 units at $761,592 for each security trading, in contrast to 271,188 units at $773,989. In contrast, May closed with an average of 150,274 units for $491,077 for each security.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows one stock ending with the bid higher than the last selling price and one with a lower offer.
At the close of the market, Access Financial lost $2.49 to end at $21.51 in trading 1,000 units, AMG Packaging shed 1 cent in closing at $1.61 with 5,389 shares changing hands, Blue Power dipped by 1 cent to close at $3.60 after swapping 21,320 stock units. Caribbean Flavours dropped $2.10 to $11.90 in trading 14,788 units, Caribbean Producers advanced by 5 cents to end at $2.39 with an exchange of 232,831 units, Derrimon Trading rose 10 cents and ending at $2.40 after swapping 19,100 stock units. Express Catering advanced 2 cents to end at $4.99 in exchanging 750 stock units, Fontana lost 10 cents in closing at $5.50 in trading 310,380 units, General Accident advanced by 26 cents to end at $6.01 in trading 2,352,308 units. GWest Corporation declined by 5 cents to end at 90 cents with an exchange of 1,526 shares, Honey Bun fell by 32 cents to end at $5.33 with 25,700 units changing hands, iCreate lost 3 cents to 58 cents in trading 20,000 stock units. Indies Pharma fell 11 cents to close at $2.55 in exchanging 302,614 units, Jamaican Teas shed 9 cents and ended at $4.49 in trading 22,935 stock units, Knutsford Express gained 20 cents to settle at $8.70 while exchanging 25 units. Lasco Distributors gained 1 cent to settle at $2.98 with an exchange of 22,760 stock units, Limners and Bards advanced by 1 cent to close at $2.74 after trading 106,712 stock units, Lumber Depot rose 2 cents to settle at $1.13 with 61,947 shares passing through the market. Mailpac Group carved out a 2 cents gain in ending at $1.90 and trading 221,968 units, Main Event shed 5 cents to settle at $4.10 in trading 1,333 shares, Paramount Trading advanced by 2 cents to end at $2 swapping with 1,231 units changing hands. SSL Venture gained 10 cents to end at 85 cents after trading 53,333 stock units and Stationery and Office Supplies garnered a 28 cents rise to close at $6.28 in exchanging 1,660 units.

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

Junior Market drops on Monday

The number of Junior Market stocks trading on Monday slipped marginally from Friday’s levels, but the value of the overall trade jumped, resulting in prices rising and falling equally and ending with the market index dropping 21.16 points to 5997.09.
Similar to Friday, 28 securities changed hands on Monday, with the prices of 10 stocks rising, 10 declining and prices of eight closing unchanged. At the close of trading, the average PE ratio of the Junior Market ended at 9.9 based on iC Insider.com’s forecasted earnings for 2020-21.
Trading ended, with an exchange of 4,779,088  shares valued at $20,952,617 compared to 4,892,108 units valued at $13,413,027 on Friday.
The average trade of the day was 170,682 units at $748,308, in contrast to an average of 174,718  units for $479,037 each on Friday. The average stock trading for the month to date amounts to  177,588  units at $463,960 in contrast to 236,512 units at $445,444 previously. May ended with an average of 150,274 shares at $491,077 for each security traded.
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 four with lower offers.
At the close of the market, Access Financial Services
fell $4.74 to end at $20 in trading 3,500  units, Cargo Handlers slipped 4 cents and ending at $7.80 in trading 500 units, Caribbean Assurance Brokers lost 8 cents to settle at $2.20 with an exchange of 24,013 shares. Caribbean Cream shed 21 cents ending at $2.67 trading 350 units, Caribbean Producers picked up 1 cent to settle at $2.39 while exchanging 33,192 units, Dolphin Cove gained 7 cents to close at $7.50 after investors switched 700 shares. Everything Fresh gained 1 cent to close at 81 cents in trading 12,285 stock units, Fontana rose 9 cents in closing at $5.76 after trading 371,132 shares. General Accident advanced by 37 cents to end at $5.75 after swapping 1,005,000  shares, Honey Bun shed 20 cents and ended at $5.30 trading 2,020,740 shares, iCreate slipped 3 cents to close at 58 cents in exchanging 538,993 units. Indies Pharma gained 27 cents to end at $2.80 with an exchange of 41,001  stock units, Iron Rock Insurance lost 20 cents to close at $3 trading 19,055 shares,  Jamaican Teas slid 20 cents to settle at $4.35 with 29,097 stock units changing hands. Jetcon Corporation lost 1 cent to end at $1.19, with 39,463 shares crossing the exchange, Lasco Financial added 1 cent to settle at $2.62, after exchanging 2,941 units,  Lasco Manufacturing shed 1 cent to close at $3.99 in trading 7,397 shares. Limners and Bards rose 12 cents to end at $2.58 after 243,153 shares crossed the market and  Mailpac Group gained 2 cents in finishing at $1.90 with 44,084 stock units changing hands.
In the preference segment, Derrimon Trading preference shares jumped 30 cents to settle at $1.80 in exchanging 2,798 shares.

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

Another positive week for Junior Market

The support line going back to the 2020 low in the market in March is steering the market slowly upwards.

Trading on the Junior Market of the Jamaica Stock Exchange closed higher at the close on Friday as well as for the week with three days of a rising index continuing the trend in recent weeks of a slowly rising market.
The market closed with an exchange of 4,892,108 shares at $13,413,027 as 28 securities traded compared to 4,370,450 units valued at $13,021,794 on Thursday. The day’s activities saw 28 securities changing hands, compared to 30 securities on Thursday and ended with the prices of 12 rising eight declining and eight closing with the prices unchanged.
The average trade of the day was 174,718 units at $479,037 in contrast to an average of 145,682 units at $434,060 on Thursday. The average volume and value for the month to date amounts to 236,512 units for $445,444, in contrast, 178,269 units valued at $443,105. May ended with an average of 150,274 units at $491,077 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows five stocks ended with bids higher than their last selling prices and three with lower offers. The average PE ratio of the Junior Market ended at 9.7 based on IC Insider.com’s forecasted earnings for 2020-21.
At the close of the market, AMG Packaging & Paper declined by 1 cent ending at $1.68 trading 801 shares, Caribbean Assurance Brokers increased 3 cents in closing at $2.28 after exchanging 103,132 stock units, Caribbean Producers declined by 2 cents to $2.38 with an exchange of 455,445 units. Consolidated Bakeries added 4 cents in closing at $1.55, with 39 shares changing hands. Dolphin Cove declined by 7 cents to end at $7.43 trading 1,000 stock units, Elite Diagnostic shed 47 cents to end at $3.78 after swapping 10,675 shares. Express Catering rose 8 cents to finish at $4.97 in exchanging 45,768 units, Fontana increased 12 cents to end at $5.67 with 425,052 stock units crossing the exchange, Fosrich eked out a rise of 1 cent to $3.56 in swapping 1,500 shares. Honey Bun rose 6 cents to settle at $5.50 and trading 20,599 stock units, iCreate increased 2 cents end at 61 cents with an exchange of 419,025 shares, Indies Pharma lost 30 cents to end at $2.53 in trading 2,041,908 shares. Jamaican Teas advanced by 6 cents to $4.55 with an exchange of 66,421 stock units, Jetcon Corporation lost 10 cents to close at $1.20 with the transfer of 167,533 stock units, Lasco Distributors gained 7 cents to end at $2.98 with 342,986 stock units crossing the market. Lasco Financial dipped 1 cent to $2.61 after swapping 39,603 units, Lasco Manufacturing increased 10 cents to end at $4 with an exchange of 207,929 stock units, Limners And Bards added 11 cents to settle at $2.46 with trading 47,863 shares. Mailpac Group lost 2 cents to close at $1.88, having swapped 280,194 units and tTech rose 1 cent ending at $4.70 with 1,000 stock units changing hands.

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