The Junior Market of the Jamaica Stock Exchange closed on Monday with 24 percent fewer shares and 62 percent less value traded than on Friday, resulting in the market index closing higher for the start of November, unlike September and October when it fell.
Trading ended with 36 securities changing hands compared to 35 on Friday and closed with the prices of 15 stocks rising, 18 declining and three remaining unchanged.
At the close, the Junior Market Index carved out a gain of 24.91 points to settle at 2,495.15. The PE Ratio of the market averaged 11.3 based on the ICInsider.com forecast of 2020-21 earnings.
The market closed with an exchange of 7,309,294 shares for $12,576,887 compared to 9,578,656 units at $33,012,754 on Friday. Lumber Depot led trading with 58 percent of total volume for 4.24 million shares, followed by Lasco Financial with 15.4 percent as 1.13 million units traded and Tropical Battery with 6.7 percent or 489,722 shares.
Trading ended with an average of 203,036 units at $349,358 in contrast to 273,676 at $943,222 on Friday. Trading in October resulted in an average of 230,868 units at $535,509.
At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows six stocks ending with bids higher than their last selling prices and three with lower offers.
At the close of the market, Access Financial dropped $7.24 to end at $19, with an exchange of 5,604 units, AMG Packaging lost 12 cents to close at $1.60 trading 149,249 shares, Caribbean Assurance Brokers gained 14 cents in crossing the exchange with 10,100 stock units to settle at $1.94. Caribbean Cream shed 70 cents in closing at $4, with 86,153 shares changing hands, Caribbean Flavours lost 3 cents to finish at $1.68, in exchanging 720 units, Caribbean Producers ended at $2.30, after losing 1 cent trading 23,476 shares. Derrimon Trading slipped 5 cents to $2.50, in exchanging 31,574 stock units, Dolphin Cove gained 87 cents to close at $6.99, with 800 units changing hands, Elite Diagnostic carved out a gain of 18 cents in closing at $3.28, after crossing the exchange with 500 units. Everything Fresh closed at 74 cents, with a loss of 4 cents after investors switched ownership of 213,195 shares, Express Catering lost 20 cents ending at $3.30, in crossing the market with 21,115 stock units, Fontana gained 1 cent to end at $5 trading 95,477 shares Fosrich shed 15 cents to settle at $3.35, in exchanging 6,238 units, General Accident gained 2 cents to finish at $6.02, with investors switching ownership of 4,258 units, Honey Bun rose to $4.85, with gains of 11 cents after exchanging 41,800 shares. iCreate lost 1 cent trading 30,160 stock units and closed at 69 cents, Iron Rock Insurance lost 1 cent in closing at $2.50, with 38,994 stock units changing hands, Jamaican Teas rose 5 cents to settle at $5.05 trading 162,161 shares.
Jetcon Corporation lost 7 cents to close at 80 cents, after an exchange of 200 units, Knutsford Express gained 55 cents in closing at $6.85, in trading 1,100 units, Lasco Financial rose 33 cents to $2.39, in trading 1,126,688 shares, following release of half-year results, showing a strong rise in profit in the second quarter. Lasco Manufacturing gained 33 cents to end at $3.69, with an exchange of 19,150 units, Limners and Bards lost 16 cents to close at $2.52, in trading 71,289 shares, Lumber Depot rose to $1.30, with gains of 13 cents in a transfer of 4,240,914 shares. Mailpac Group lost 1 cent to close at $1.98, trading 239,291 shares, Main Event shed 4 cents to end at $2.98, with 2,500 units passing through the market, Medical Disposables slipped 8 cents to close at $4.67, with investors swapping 1,000 units. Paramount Trading gained 22 cents to settle at $1.90, in an exchange of 100 units, SSL Venture ended at 59 cents, after gaining 4 cents with investors swapping 9,943 units, Stationery and Office Supplies closed 30 cents higher at $4.80, with 3,482 units changing hands. Tropical Battery shed 11 cents to settle at $1.16, in clearing the market with 489,722 shares and tTech gained 50 cents in closing at $5.50 and crossing the exchange with 43,402 stock units.
In the preference segment of the market, CAC 2000 9.5% preference share lost 2 cents to close at 97 cents, with 44,519 shares passing through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows nine stocks ended with bids higher than their last selling prices and three with lower offers.
iCreate rose 5 cents to 70 cents with an exchange of 100 stock units, Iron Rock Insurance declined 1 cent to settle at $2.51 with 40,000 units changing hands, Jetcon Corporation increased by 17 cents to end at 87 cents with 61,007 stock units passing through the market. Knutsford Express jumped 59 cents to finish at $6.30 with 55,297 stocks trading, Lasco Distributors fell 10 cents to close at $3 with investors switching ownership of 155,724 stocks, Lasco Financial rose 1 cent to settle at $2.06 with 47,000 units changing hands. Lasco Manufacturing dropped 23 cents to end at $3.36 with 100,100 stock units passing through the market, Limners and Bards increased 16 cents and exchanged 4,125,730 stocks to close at $2.68, Lumber Depot fell 3 cents to $1.17 with 1,081,876 units traded. Mailpac Group gained 1 cent to end at $1.99 with 205,592 stock units changing hands, Medical Disposables advanced 45 cents to finish at $4.75 with 19,572 shares passing through the market, Paramount Trading lost 2 cents to close at $1.68 with investors transferring 4,000 shares and Tropical Battery rose 4 cents to end at $1.27 with 767,279 stock units crossing the exchange.
At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows 10 stocks ended with bids higher than their last selling prices and two with lower offers.
Fontana advanced 10 cents to close at $4.81 with 98,078 units passing through the market, Fosrich dropped 29 cents to end at $3.21 with 207,627 stocks changing hands, GWest Corporation increased 11 cents to settle at 89 cents with 2,019 stocks changing hands. iCreate lost 5 cents to finish at 65 cents with a transfer of 3,261 units, Indies Pharma gained 7 cents to close at $2.70 with an exchange of 24,897 stock units, ISP Finance jumped $1.50 to $22.50 with 156 shares passing through the market. Jamaican Teas advanced 13 cents to settle at $5 with 35,429 stock units changing hands, Jetcon Corporation fell 12 cents to close at 70 cents with 156,951 shares traded, Knutsford Express shed 59 cents to end at $5.71 with the swapping of 40,257 shares. Lasco Distributors declined 5 cents to settle at $3.10 in exchanging 105,600 stocks, Lasco Manufacturing increased 19 cents to finish at $3.59 with 110,395 shares passing through the market, Limners and Bards closed 5 cents higher at $2.52 with 213,000 stock units changing hands. Lumber Depot climbed 10 cents in exchanging 672,209 units to end at $1.20, Main Event dropped 68 cents to settle at $3.02 with investors transferring 1,680 units, Medical Disposables lost 5 cents to finish at $4.30 with 24,811 shares trading and Tropical Battery gained 3 cents to close at $1.23 with 469,072 shares crossing the exchange.
Trading ended with 34 securities changing hands compared to 38 on Tuesday and closed with the prices of 13 stocks rising, 12 declining and nine remaining unchanged.
Trading in September resulted in an average of 119,171 units at $249,355 trading.
ISP Finance declined $2.50 to $21, with investors swapping ownership of 212 units. Jamaican Teas lost 10 cents to settle at $4.87, in clearing the market with 27,227 stock units, Jetcon Corporation gained 13 cents in closing at 82 cents, trading 1,000 units, Lasco Financial lost 2 cents to close at $2.05 trading 143,268 shares. Limners and Bards shed 13 cents to finish at $2.47, with investors switching 58,980 shares, Lumber Depot fell 4 cents to $1.10, in exchanging 69,721 shares, Mailpac Group ended 2 cents higher at $1.98, in transferring 210,100 shares. Medical Disposables slipped 45 cents to $4.35, with an exchange of 11,210 units, Paramount Trading gained 20 cents in closing at $1.70, in trading 40,953 stock units, SSL Venture lost 4 cents to finish at 55 cents transferring 26,000 units and tTech shed 50 cents to end at $5, with an exchange of 9,600 units.
Trading concluded with 38 securities changing hands compared to 37 on Monday and ended with the prices of 11 stocks rising, 21 declining and six with prices remaining unchanged.
At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows three stocks ended with bids higher than their last selling prices and three with lower offers.
Fontana fell 5 cents to close at $4.80 with 238,266 shares passing through the market, Fosrich lost 4 cents to end at $3.16 with 5,205 stocks traded, General Accident dropped 14 cents and exchanged 4,614,219 stock units to finish at $6. GWest Corporation fell 12 cents to 78 cents with 11,863 stocks changing hands, Honey Bun fell 1 cent to $4.73 after the trading of 33,925 stock units, iCreate declined by 3 cents to close at 67 cents with 25,200 stock units passing through the market. Indies Pharma increased by 7 cents to end at $2.82 with 55,824 stocks traded, ISP Finance jumped $5 to finish at $23.50 with an exchange of 241 shares, Jamaican Teas lost 2 cents to settle at $4.97 with 56,823 stock units changing hands. Jetcon Corporation dipped 11 cents to close at 69 cents with 493,155 units changing hands, Knutsford Express shed 60 cents to end at $6.30 with the transferring of 16,100 shares, Lasco Distributors rose 10 cents to finish at $3.15 with 99,650 units passing through the market. Lasco Financial dropped 2 cents to settle at $2.07 with 81,825 units traded, Limners and Bards declined by 6 cents to close at $2.60 with an exchange of 19,201 units, Lumber Depot climbed 10 cents, exchanging 640,674 stock units to end at $1.14. Mailpac Group slipped 2 cents to finish at $1.96 with 377,510 stocks changing hands, Medical Disposables lost 3 cents to settle at $4.80 with investors switching ownership of 5,487 stock units, Paramount Trading dropped 20 cents to close at $1.50 with 13,840 stock units passing through the market. Stationery and Office Supplies shed 48 cents to end at $4.50 in trading 52 stock units and Tropical Battery fell 5 cents to finish at $1.20 with 610,629 stock units crossing the exchange.
At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows three stocks ending with bids higher than their last selling prices and four with lower offers.
Fontana shed 12 cents to end at $4.85, in transferring 230,602 shares, Fosrich gained 5 cents to close at $3.20, trading 5,350 units, General Accident shed 36 cents in closing at $6.14, with 44,300 shares passing through the market. Honey Bun shed 11 cents in closing at $4.74, in an exchange of 1,300 units, Indies Pharma lost 10 cents to finish at $2.75, with 4,000 units changing hands, Iron Rock Insurance slipped 1 cent to $2.50 in transferring 5,608 stock units. Jamaican Teas gained 10 cents to end at $4.99 trading 23,045 shares, Jetcon Corporation shed 9 cents to settle at 80 cents, with 68,521 shares passing through the market, Knutsford Express gained 16 cents to end at $6.90 trading 38,902 shares. Lasco Distributors fell 10 cents to $3.05, with investors switching ownership of 97,738 shares, Lasco Financial gained 2 cents to close at $2.09 with a transfer of 7,507 units, Lasco Manufacturing closed at $3.40, after gaining 3 ents trading 148,294 shares. Limners and Bards climbed 33 cents to $2.66, with 122,674 shares changing hands, Lumber Depot lost 6 cents to settle at $1.04, after the transferring of 82,337 shares, Mailpac Group lost 1 cent to close at $1.98, with investors switching ownership of 342,904 shares. Medical Disposables gained 58 cents to end at $4.83 in an exchange of 1,629 units, Stationery and Office Supplies picked up 1 cent to settle at $4.98 trading 700 units and Tropical Battery gained 6 cents in closing at $1.25, with 1,457,400 shares passing through the market.
At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows three stocks ended with bids higher than their last selling prices and three with lower offers.
GWest Corporation slipped 1 cent to finish at 90 cents with 13,939 units passing through the market, iCreate gained 10 cents to settle at 70 cents with investors switching ownership of 2,000 stock units, Indies Pharma advanced 17 cents to end at $2.85 with 371 units changing hands. Iron Rock Insurance added 1 cent to close at $2.51, with an exchange of 13,282 units, ISP Finance jumped $2.49 to finish at $18.50 trading 204 units, Jamaican Teas declined 11 cents to $4.89 with 88,260 shares traded. Jetcon Corporation increased 9 cents to end at 89 cents with investors transferring 9,000 stock units, Lumber Depot gained 6 cents to close at $1.10 with 128,808 shares changing hands, Mailpac Group rose 4 cents in an exchange of 251,531 stock units to settle at $1.99. Main Event advanced 70 cents to finish at $3.70, with 2,955 stocks passing through the market, Medical Disposables climbed 35 cents to end at $4.25 with 4,033 shares traded. Stationery and Office Supplies declined 3 cents to close at $4.97, with investors switching ownership of 1,598 stocks and Tropical Battery lost 4 cents to settle at $1.19 with 462,122 shares crossing the exchange.
Like Wednesday, trading ended with 35 securities changing hands on Thursday and concluded with 15 stocks rising, the prices of 15 declining and five with prices remaining unchanged.
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 five with lower offers.
Jetcon Corporation gained 2 cents to finish at 80 cents with investors switching ownership of 27,328 stock units, KLE Group declined 32 cents to close at a 52 weeks’ low of $1.10 with 9,000 units passing through the market, Knutsford Express jumped $1.03 to end at $6.74 with 7,833 units changing hands. Lasco Distributors advanced 14 cents to finish at $3.15 with an exchange of 44,587 units, Lasco Financial gained 2 cents to settle at $2.07 with 5,589 stocks traded, Lasco Manufacturing fell 8 cents to close at $3.37 with investors transferring 25,072 units. Limners and Bards dropped 17 cents to end at $2.33 with 95,783 stock units trading, Lumber Depot finished 1 cent higher at $1.04 with 275,023 units changing hands, Mailpac Group dipped 4 cents to settle at $1.95 with an exchange of 571,731 units. Medical Disposables shed 65 cents to close at $3.90 with investors switching ownership of 1,045 shares, SSL Venture rose 9 cents to end at 59 cents with 200 units changing hands, Stationery and Office Supplies advanced 15 cents to finish at $5 with 1,700 units passing through the market. Tropical Battery gained 3 cents, trading 1,139,241 shares to settle at $1.23 and tTech dropped 90 cents to close at $5.50 with 1,363 shares crossing the exchange.
At the close of market activities, the Junior Market Index lost 56.8 points after falling nearly 11 points on Tuesday to settle at 2,443.91. Trading ended with 35 securities changing hands compared to 36 on Tuesday, with the prices of 11 stocks rising, 17 declining and seven with prices remaining unchanged.
At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows six stocks ended with bids higher than their last selling prices and three with lower offers.
Knutsford Express shed 59 cents to end at $5.71 with an exchange of 11,623 stock units, Lasco Distributors declined by 9 cents to settle at $3.01 with 54,695 units changing hands, Lasco Financial slipped 2 cents to $2.05 with investors trading 180,442 units. Lasco Manufacturing advanced 3 cents to finish at $3.45 with 6,027 stocks passing through the market, Limners and Bards dropped 17 cents to close at $2.50 with an exchange of 29,545 stock units, Lumber Depot lost 5 cents trading 256,149 shares at $1.03. Main Event shed 74 cents to settle at $3 with 95,310 stocks changing hands, Medical Disposables climbed 25 cents to finish at $4.55 with investors switching ownership of 25,210 units, Stationery and Office Supplies shed 70 cents to close at $4.85 with 18,193 units passing through the market and Tropical Battery gained 6 cents to end at $1.20 with 696,728 stock units crossing the exchange.
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 three with lower offers.
Jetcon Corporation rose 9 cents to settle at 89 cents, clearing the market with 35,416 shares, Knutsford Express dipped 45 cents to $6.30, trading 10,004 stock units, Lasco Distributors shed 5 cents to close at $3.10 after crossing the market, with 441,987 shares. Lasco Financial lost 1 cent in closing at $2.07, with 36,683 stock units passing through the market, Lasco Manufacturing slipped 3 cents to $3.42, with 10,900 stock units crossing the exchange, Lumber Depot gained 3 cents in ending at $1.08 and exchanging 370,772 shares. Mailpac Group rose 1 cent to close at $1.99, with a transfer of 422,033 stocks, Main Event rose 49 cents to $3.74 in an exchange of 600 units, Medical Disposables gained 79 cents in closing at $4.30, with 20,154 stock units changing hands. Tropical Battery lost 3 cents to finish at $1.14, in trading 3,944,991 shares and tTech rose 90 cents to settle at $6.40 after exchanging 1,000 units.