Mailpac does it again

Mailpac Group remained the lead trade for a fourth consecutive day on the Junior Market of the Jamaica Stock Exchange on Friday, with the price closing an all-time high of $2.60 as the market ended with more stocks rising than falling after trading 42 percent fewer shares at a value that is 29 percent lower than on Thursday.

Mailpac dominated trading on Friday with 26% of the total volume of the market.

As was the case on Thursday trading ended with 34 securities changing hands with the prices of 18 stocks rising, 10 declining and six remaining unchanged.
At the close, the Junior Market Index advanced by 9.32 points to settle at 2,550.79. The average PE Ratio ended at 13.7 based on ICInsider.com’s forecast of 2020-21 earnings.
Trading resulted in 2,367,751 shares changing hands at $5,915,555 compared to 4,116,831 units at $8,351,601 on Thursday. Mailpac Group led trading with 26.2 percent of total volume, after an exchange of 619,404 shares followed by Jamaican Teas with 25.5 percent for 603,391 units and Tropical Battery with 7 percent market share for 164,691 units.
Trading averaged 69,640 units at $173,987 in contrast to 121,083 at $245,635 on Thursday. The month to date average resulted from an exchange of 316,508 units at $711,697, compared to 347,945 units at $780,169 on Thursday. November averaged 193,331 units at $566,885 trading.
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 shed $1.86 to $20.20, with 1,104 shares crossing the market units, Caribbean Assurance Brokers rose 2 cents to $1.90 trading 1,750 units, Caribbean Cream lost 2 cents to $4, in an exchange of 92,819 shares. Derrimon Trading closed at $2.25, with a loss of 5 cents exchanging 1,000 units, Elite Diagnostic slipped 3 cents to end at $3, in transferring 29,771 stock units, Everything Fresh gained 5 cents to close at 71 cents trading 14,753 stocks. Express Catering lost 1 cent to finish at $3.49 after 2,250 units changed hands, Fontana gained 5 cents to close at $5.50, with 140,405 shares clearing the market, Fosrich rose 3 cents to $3.99, with 11,929 stock units changing hands. GWest Corporation closed 6 cents higher at 75 cents, with 75,697 shares in crossing the exchange, Honey Bun gained 51 cents to settle at $6.49, in trading 81,580 shares, iCreate lost 1 cent in ending at 59 cents, with a transfer of 75,200 shares. Indies Pharma gained 13 cents to settle at $2.50 trading 26,327 stock units, Iron Rock Insurance closed at $2.88, after losing 7 cents exchanging 2,417 units, ISP Finance advanced by $3.97 to $22.97, with just 500 units trading. Jamaican Teas gained 2 cents to close at $1.90, after an exchange of 603,391 shares, Jetcon Corporation picked up 1 cent to settle at 80 cents after a transfer of 12,300 stock units, Knutsford Express rose 7 cents in closing at $6, in clearing the market with 28,984 stock units. Lasco Financial ended 23 cents higher at $2.78, with an exchange of 1,000 units, Lasco Manufacturing gained 5 cents to end at $3.90, with 19,940 units crossing the exchange, Limners and Bards rose 9 cents to close at $2.79, with an exchange of 157,687 shares. Lumber Depot lost 2 cents in ending at $1.34, with 132,904 shares changing hands, Mailpac Group gained 25 cents to end at a record high of $2.60 trading 619,404 shares, Medical Disposables lost 2 cents to end at $4, after 5,102 units were traded. Paramount Trading rose 2 cents to $1.54, in exchanging 4,528 units, SSL Venture closed 7 cents lower at 59 cents trading 12,552 units, Stationery and Office Supplies rose 95 cents to $4.55, with 1,470 units changing hands and Tropical Battery gained 4 cents to close at $1.17 after an exchange of 164,691 shares.

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

Mailpac led trading for a 3rd day

Mailpac Group led trading for the third consecutive day on the Junior Market of the Jamaica Stock Exchange on Thursday as the total volume and value of shares trading on the market declined 74 percent and 76 percent, respectively, from Wednesday’s levels.

Mailpac CEO Khary Robinson.

Similar to Wednesday, trading ended with 34 securities changing hands and closed with the prices of 17 stocks rising, 10 declining and seven remaining unchanged.
The Junior Market Index rose 22.47 points to 2,541.47 and the average PE Ratio ended at 13.3 based on ICInsider.com’s forecast of 2020-21 earnings.
Trading accounted for 4,116,831 shares at $8,351,601 down from 15,670,241 units at $34,936,702 on Wednesday. Mailpac Group led trading with 32.8 percent of total volume as 1.35 million shares changed hands, followed by Lumber Depot with 23.5 percent for 967,216 units following the release of good second-quarter results and Jamaican Teas with 19.3 percent market share for 795,272 units.
Trading averaged 121,083 units at $245,635 in contrast to 460,889 at $1,027,550 on Wednesday. The month to date, average trade comes in at 347,945 units at $780,169, compared to 381,049 units at $858,170 on Wednesday. November averaged 193,331 units at $566,885.
Investor’s Choice bid-offer indicator reading shows four stocks ending with bids higher than their last selling prices and three with lower offers.
At the close of the market, Blue Power lost 2 cents to end at $3.36, with 1,330 units passing through the market, Caribbean Assurance Brokers gained 8 cents to close at $1.88 after an exchange of 18,613 stock units, Caribbean Cream lost 1 cent in closing at $4.02, trading 29,376 stock units. Caribbean Producers rose 24 cents to $2.94, with an exchange of a mere 500 units, Consolidated Bakeries gained 28 cents, in ending at $1.40 trading 1,082 shares, Derrimon Trading shed 20 cents to settle at $2.30, after exchanging 10,000 stock units. Dolphin Cove dropped $1 to $6 in transferring 2,000 units, Everything Fresh lost 5 cents to close at 66 cents trading 40,151 shares, Express Catering gained 10 cents to finish at $3.50, with 3,350 units changing hands. Fontana picked up 5 cents in closing at $5.45, with an exchange of 124,807 shares, Fosrich lost 3 cents in ending at $3.96 and trading 6,579 units, General Accident gained 10 cents to $6.10, with 20,650 stock units crossing the market. Honey Bun rose 28 cents to end at $5.98, with 20,525 stock units changing hands, Indies Pharma lost 13 cents to close at $2.37, in transferring 27,616 stock units, ISP Finance climbed $2 to $19, after trading 4,759 units. Jamaican Teas gained 8 cents to settle at $1.88, exchanging 795,272 shares, Jetcon Corporation rose 4 cents to 79 cents trading 12,429 stock units, Lasco Distributors closed 25 cents higher at $3.45, with an exchange of 10,000 units. Lasco Financial slipped 10 cents to close at $2.55 after 80,500 shares passed through the market, Lasco Manufacturing gained 16 cents in closing at $3.85, with investors swapping 18,615 stock units, Limners and Bards gained 10 cents to close at $2.70 trading 8,691 units. Lumber Depot closed at $1.36, with gains of 18 cents as investors swapped 967,216 shares, Mailpac Group added 10 cents in closing at $2.35 trading 1,348,067 shares, SSL Venture gained 10 cents to settle at 66 cents, in exchanging 100,000 shares. Stationery and Office Supplies shed 50 cents to $3.60 after transferring 9,460 units and Tropical Battery lost 6 cents to close at $1.13, exchanging 366,394 shares.
In the preference segment, CAC 2000, 9.5% preference share gained 17 cents to close at $1.14 with an exchange of 4,000 units.

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

Another market topping day for Mailpac

For a second consecutive day, Mailpac Group commanded the lion’s share of the day’s trade on the Junior Market of the Jamaica Stock Exchange, accounting for 91 percent of the shares exchanged on Wednesday, up a bit from 90 percent on Tuesday when 44.22 million shares traded. 

MailPac traded 14.2 million shares to dominate Junior Market trading.

Trading ended with 34 securities changing hands, down from 38 on Tuesday and closed with the prices of 11 rising, 14 declining and 9 closed unchanged.
The Junior Market Index lost 3.76 points to end at 2,519.00 and the average PE Ratio ended at 12.9 based on ICInsider.com’s forecast of 2020-21 earnings.
Trading closed with 213 percent fewer shares than on Tuesday, with an exchange of 15,670,241 shares or $34,936,702 down from 49,121,788 units at $110,386,381 on Tuesday.
Mailpac Group had a second day trading a large number of shares and ended leading trading for a second day with 14.26 million shares, followed by Jamaican Teas with 4.2 percent of the day’s trade or 665,663 units and Lasco Financial with 0.6 percent market share with an exchange of 90,062 units.
Trading averaged 460,889 units at $1,027,550 in contrast to 1,292,679 at $2,904,905 on Tuesday. For the month to date, the average trade is 381,049 units at $858,170, compared to 367,408 units at $829,230 on Tuesday. November closed with an average traded of 193,331 units at $566,885.
Investor’s Choice bid-offer indicator reading shows three stocks ended with bids higher than their last selling prices and two with lower offers.
At the close of the market, AMG Packaging gained 8 cents to end at $1.68 in exchanging 8,716 shares, Blue Power rose 38 cents to $3.38 with 6,659 stocks passing through the market, Cargo Handlers jumped 68 cents to $7 with 505 stock units changing hands. Caribbean Cream dipped 12 cents to $4.03, trading 6,070 units, Caribbean Producers rose 7 cents to $2.70 with a transfer of 11,390 stock units, Consolidated Bakeries dropped 28 cents to $1.12 with an exchange of 30 shares. Derrimon Trading advanced 19 cents to $2.50 with 1,070 stock units passing through the market, Everything Fresh gained 6 cents to close at 71 cents with 3,202 units changing hands, Express Catering dipped 10 cents in trading 17,937 stocks to finish at $3.40. Fontana slipped 5 cents to $5.40 with a transfer of 73,064 units, GWest Corporation closed 1 cent lower at 69 cents with an exchange of 9,000 shares, iCreate fell 7 cents to 60 cents with 8,700 stock units passing through the market. ISP Finance shed $6.05 to $17 with 5,000 stocks changing hands, Jamaican Teas traded 665,663 units and lost 8 cents to close at $1.80, Knutsford Express declined by 7 cents to close at  $5.93 with investors switching ownership of 21,169 shares. Lasco Distributors rose 3 cents to $3.20 with 2,000 stocks passing through the market, Lasco Financial exchanged 90,062 stock units and lost 6 cents to finish at $2.65, Lasco Manufacturing dropped 21 cents to $3.69 with 2,517 shares changing hands. Lumber Depot slipped 2 cents to $1.18 with a transfer of 86,618 stocks, Mailpac Group traded 14,262,739 shares and gained 6 cents to settle at $2.25, Main Event shed 25 cents to close at $3 with 6,366 units passing through the market. Medical Disposables fell 12 cents to $4.02  with an exchange of 29,098 stock units, Paramount Trading advanced 18 cents to $1.52 with 73,494 shares changing hands, SSL Venture rose 3 cents to 56 cents with a transfer of 500 stocks and Stationery and Office Supplies gained 10 cents to end at $4.10 with 2,954 units crossing the exchange.

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

Junior Market Stumbles Friday

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More stocks fell than rose as 48 percent fewer shares were traded than on Thursday, and helping in driving the Junior Market of the Jamaica Stock Exchange to close down on Friday after the market moved higher in the morning session.
Trading ended with 33 securities changing hands compared to 29 on Thursday and concluded with the prices of 11 stocks rising, 16 declining and six remaining unchanged.
The Junior Market Index shot up to 2,540.66 points after an hour and three-quarters of trading and later plummeted more than 44 points to close at 2,496.22, after a decline of 9.44 points from the close on Thursday. The average PE Ratio ended at 13.2 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with 3,764,642 shares trading for $7,764,562 compared to 7,231,212 units at  $17,420,235 on Thursday. Jamaican Teas led trading with 34 percent of the day’s volume after a transfer of 1.28 million shares, followed by Lumber Depot with 24.1 percent with an exchange of 909,101 units and Mailpac Group with 12.3 percent or 463,285 shares.
Trading averaged 114,080 units at $235,290 in contrast to 249,352 at $600,698 on Thursday. The month to date averaged 160,524 units at $366,841, compared to 176,657 units at $412,538 on Thursday. November ended with an average of 193,331 units at $566,885.
Investor’s Choice bid-offer indicator shows seven stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Access Financial fell 55 cents to $19.95 with 1,500 shares changing hands, AMG Packaging gained 1 cent to $1.66 with swapping of 8,565 stocks, Blue Power gained 6 cents and exchanged 13,100 units to finish at $2.80. Caribbean Assurance Brokers fell 16 cents to $1.73 in the transfer of 3,597 shares, Caribbean Cream rose 13 cents to $4.13 with a mere 70 stock units traded, Caribbean Flavours rose 4 cents to $1.64 with 29,595 stocks passing through the market. Caribbean Producers slipped 3 cents to $2.60, with 431,000 units changing hands, Consolidated Bakeries climbed 28 cents to $1.50 with investors switching 8,500 shares, Derrimon Trading dropped 14 cents to $2.31 with an exchange of 100,000 stocks. Dolphin Cove shed 41 cents to settle at $6.24 with a transfer of 600 units, Express Catering lost 10 cents to end at $3.40 with 100 shares traded, Fontana slipped 3 cents to $5.35 with 86,394 stock units changing hands. GWest Corporation edged 1 cent higher to 70 cents in trading 300 shares, Honey Bun advanced 45 cents to close at $5.45 after the switching of ownership of 45,106 stock units, Jamaican Teas exchanged 1,279,588 units and fell 8 cents to $1.90. Jetcon Corporation declined 7 cents to finish at 75 cents with a transfer of 10,006  stocks, Lasco Financial rose 8 cents to $2.60 with 78,771 units traded, Lasco Manufacturing fell 10 cents to $3.80 with 22,397 shares passing through the market. Limners and Bards gained 2 cents to settle at $2.70 with 6,318 stocks changing hands, Lumber Depot slipped 2 cents and exchanged 909,101 shares at $1.18, Mailpac Group traded 463,285 stocks and rose 4 cents to $2.19. Main Event jumped 25 cents to $3.25 with 3,076 units changing hands, Medical Disposables lost 1 cent to finish at $4.34 with a transfer of 10,840 stock units, SSL Venture slipped 2 cents to 54 cents with 10,000 shares passing through the market. Tropical Battery fell 5 cents to $1.15 with 50,919 stocks traded and tTech dropped 21 cents to $4.09 with 55,081 units crossing the exchange.
In the preference segment, CAC 2000 9.5% lost 3 cents to settle at 97 cents with 61,350 stock units changing hands.

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

Rise in Junior Market stopped

After four consecutive days of increases, the Junior Market index finally gave way on Wednesday but not without a move higher in the morning session. Trading ended with the majority of stocks rising after an exchange of 47 percent fewer shares with a 50 percent fall in the consideration, compared to Tuesday.
Trading ended with 31 securities changing hands compared to 35 on Tuesday and closed with the prices of 15 stocks rising, seven declining and nine remaining unchanged.
At the close, the Junior Market Index dropped 16.98 points to 2,504.35after it traded as high as 2,546,04 points after 41 minutes of trading. The average PE Ratio ended at 13.2 based on ICInsider.com’s forecast of 2020-21 earnings.
Investors exchanged 3,050,027 shares for $6,670,693 compared to 6,501,187 units at $15,100,161 on Tuesday. Jamaican Teas led trading with 32.8 percent of total volume, after a transfer of 1.0 million shares followed by Mailpac Group with 24.9 percent for 759,011 units and Lumber Depot with 12 percent market share amounting to 365,322 units.
Trading averaged 98,388 units at $215,184, in contrast to 185,748 at $431,433 on Tuesday. The month to date trading averaged 144,715 units at $329,861. November ended with an average of 193,331 units at $566,885.
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 one with a lower offer.
At the market’s close, Access Financial gained 58 cents to end at $20.50, in trading 15,827 stock units, Caribbean Cream gained 8 cents to end at $4.08,  with investors swapping 2,961 units, Caribbean Flavours finished 2 cents higher at $1.72, in trading 354,471 shares. Caribbean Producers picked up 3 cents to close at $2.63, with 100,345 shares passing through the market, Everything Fresh lost 10 cents in closing at 66 cents and exchanging 43,313 stock units, Express Catering shed 55 cents to settle at $3.50 trading 71,068 shares. Fontana gained 23 cents to close at $5.20, in crossing the market with 101,159 shares, General Accident rose to $6.15, with gains of 19 cents trading 6,061 units, Honey Bun picked up 5 cents to end at $4.90, after exchanging 39,758 stock units. Jamaican Teas closed 4 cents higher at $1.83, with investors swapping 1,000,633 shares, Jetcon Corporation slipped 2 cents to close at 80 cents, after 1,012 units passed through the market, KLE Group shed 15 cents and ended at $1, with an exchange of 3,000 units. Lasco Distributors shed 30 cents to settle at $3.16, with 4,077 units changing hands, Lasco Financial gained 9 cents to close at $2.64, with 24,601 stock units crossing the exchange, Lasco Manufacturing rose 22 cents to $3.90 after 1,400 units passed through the market. Limners and Bards settled at $2.70, with gains of 20 cents with 62,241 shares changing hands, Lumber Depot gained 3 cents to close at $1.23, after exchanging 365,322 shares, Mailpac Group lost 1 cent to end at $2.19 trading 759,011 shares. Main Event lost 3 cents to close at $3, in exchanging 7,271 units, Medical Disposables jumped 46 cents to $4.39, with 500 units passing through the market, Tropical Battery gained 3 cents to close at $1.20, clearing the market with 6,082 units and tTech ended 22 cents higher at $4.30, after crossing the exchange with 8,950 units.

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

Rising & falling Junior Market stocks even

Rising stocks equaled declining ones and helped move the market index of Jamaica Stock Exchange Junior Market up at the close on Thursday after trading 32 percent fewer shares with a 17 percent fall in value compared to Wednesday.
Trading ended with shares of 32 companies changing hands compared to 38 on Wednesday with an equal number of 15 stocks rising and declining, with two remaining unchanged.
At the close, the Junior Market Index rose 28.32 points to settle at 2,487.75 after trading over the 2,500 points mark in the morning session. The average PE Ratio ended at 12.5 based on ICInsider.com’s forecast of 2020-21 earnings.
Trading closed with 4,782,100 shares for $19,328,148 versus 7,027,159 units at  $23,247,610 on Wednesday. Fontana led trading with 31.4 percent of the volume in exchanging 1.50 million shares, followed by Jamaican Teas with 21.8 percent for 1.04 million units and Mailpac Group with 18.3 percent after trading 875,012 shares.
Trading averaged 149,441 units at $604,005 in contrast to 184,925 at $611,779 on Wednesday. For the month to date, the average trade is 192,183 units at $570,657, compared to 194,462 units at $568,878 on Wednesday. October averaged 230,868 units at $535,509.
Investor’s Choice bid-offer indicator reading shows five stocks ending with bids higher than their last selling prices and one with lower offers.
At the close of the market, Access Financial rose $1.35 to $21.90, trading 1,310 shares, AMG Packaging picked up 1 cent in closing at $1.60 trading 1,633 units, Blue Power lost 25 cents to end at $3.25 after exchanging 9,600 stock units. Cargo Handlers finished at $6.36, with gains of 6 cents as investors swapped 28,838 shares, Caribbean Assurance Brokers closed 15 cents higher at $1.90, in exchanging 2,906 units, Caribbean Cream gained 4 cents to settle at $3.85 trading 10,100 stock units. Caribbean Flavours lost 3 cents in ending at $1.67 with 113,000 shares passing through the market, Caribbean Producers fell 9 cents to $2.40 in clearing the market with 5,000 shares, Derrimon Trading gained 12 cents to end at $2.50 after the transferring of 3,700 units. Dolphin Cove rose 33 cents to $6.01, in clearing the market with 72,795 shares, Elite Diagnostic shed 10 cents to settle at $3, with 40,612 units passing through the market, Everything Fresh gained 13 cents to end at 76 cents, with an exchange of 26,898 stock units. Express Catering picked up 5 cents to end at $3.36, in trading 54,089 shares, Fontana lost 8 cents to close at $5.30 exchanging 1,502,184 shares, Fosrich gained 1 cent to end at $4.01, with 5,000 units crossing the exchange. General Accident slipped 5 cents to $6.15 with 38,796 stock units changing hands, GWest Corporation fell 3 cents to 73 cents trading 2,364 units, Honey Bun fell 5 cents to $4.80, with the transferring of 23,100 stock units. iCreate gained 2 cents to close at 61 cents, after exchanging 54,756 shares, Indies Pharma closed 1 cent higher at $2.51, in an exchange of 110,000 stocks, Jamaican Teas shed 70 cents to settle at $6, with investors switching ownership of 1,044,488 shares ahead of Friday’s three for one stock split. Jetcon Corporation lost 13 cents to end at 70 cents, in transferring 123,927 shares, Knutsford Express shed 70 cents in closing at $6, after crossing the market with 113,924 stock units, Lasco Distributors gained 14 cents to close at $3.29, with investors swapping 15,019 shares. Lasco Financial dropped 24 cents to $2.40, trading 9,350 units, Lasco Manufacturing rose 40 cents to $3.90, in exchanging 18,125 stock units, Lumber Depot lost 1 cent in closing at $1.28, with the switching of 388,704 shares. Mailpac Group fell 4 cents to $2.14, after exchanging 875,012 shares, Main Event shed 37 cents to close at $3.03, with 10,000 units changing hands and Tropical Battery gained 4 cents to end at $1.16, in clearing the market with 20,772 stock units.

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

Junior Market tumbles on Wednesday

The market index rose to more than 2,556 points within an hour of trading on Wednesday but selling drove the Junior Market of the Jamaica Stock Exchange down at the close, with the market index dropping nearly 100 points from the day’s peak to finish with a loss for the day of 70.49 points to settle at 2,459.43.
Trading ended with more stocks declining than rising after an exchange of 33 percent more shares than on Tuesday. The market closed with 38 securities changing hands compared to 33 on Tuesday and closed with the prices of 15 stocks rising, 17 declining and six remaining unchanged. The average PE Ratio ends at 12.5 based on ICInsider.com’s forecast of 2020-21 earnings.
The market saw an exchange of 7,027,159 shares for  $23,247,610 compared to 5,272,918 units at $15,658,293 on Tuesday.
Fosrich led trading with 34.2 percent of total volume with an exchange of 2.4 million shares, followed by  Jamaican Teas with 13.9 percent after a transfer of 976,355 units and Tropical Battery with 9.6 percent market share for 675,760 stock units.
Trading ended with an average of 184,925 units at $611,779 compared to 159,785 at $474,494 on Tuesday. The month to date average trade is 194,462 units at $568,878, compared to 195,107
units at $565,977 on Tuesday. October averaged trade was 230,868 units at $535,509.
Investor’s Choice bid-offer indicator reading for the market shows seven stocks ended with bids higher than their last selling prices and three with lower offers.
At the close of the market, Access Financial advanced 45 cents to $20.55 with an exchange of 6,753 shares, AMG Packaging slipped 1 cent to $1.59 with 71,448 stocks changing hands, Blue Power declined by 9 cents to $3.50 with 50 units traded. CAC 2000 jumped 80 cents to close at $10 with 1,000 stocks passing through the market, Cargo Handlers dropped 65 cents to $6.30 transferring 5,444 shares, Caribbean Assurance Brokers declined 15 cents to $1.75 with switching ownership of 43,718 units. Caribbean Cream declined by 19 cents in exchanging 93,302 stocks to finish at $3.81, Caribbean Producers gained 17 cents to close at $2.49 with 227,116 shares changing hands, Derrimon Trading lost 2 cents to settle at $2.38 with 20,761 units passing through the market. Dolphin Cove advanced 18 cents trading 2,368 stocks to end at $5.68, Elite Diagnostic dropped 20 cents to $3.10 in transferring 29,120 shares, Everything Fresh declined by 10 cents to 63 cents, in switching ownership of 165,878 units. Express Catering shed 67 cents to settle at $3.31 with an exchange of 89,040 stocks, Fontana climbed 30 cents to end at $5.38 with 149,049 units changing hands, General Accident gained 10 cents to finish at $6.20 with 62,300 shares traded. GWest Corporation rose 11 cents to close at 76 cents with 34,793 stocks passing through the market, iCreate lost 3 cents to settle at 59 cents with a transfer of 59,812 units, Indies Pharma increased 7 cents to $2.50, trading 89,073 shares. Iron Rock Insurance dropped 20 cents to finish at $2.80 with 31,000 stocks changing hands, Jamaican Teas exchanged 976,355 shares and climbed 20 cents to close at $6.70, Jetcon Corporation slipped 1 cent to 83 cents with 170,553 units passing through the market. Knutsford Express rose 5 cents to $6.70 with 1,000 shares traded, Lasco Financial gained 4 cents to end at $2.64 with a transfer of 10,000 stocks, Lasco Manufacturing fell 35 cents to $3.50 with investors switching ownership of 511,000 units.

Lumber Depot increased 8 cents to $1.29 with an exchange of 22,500 stocks, Mailpac Group rose 2 cents to $2.18 with 325,265 units changing hands, Medical Disposables dropped 27 cents to $3.93 with 33,581 shares traded. Paramount Trading increased by 2 cents to $1.32 with 30,000 stocks passing through the market, SSL Venture fell 1 cent to 57 cents with a transfer of  6,800 units, Stationery and Office Supplies slipped 5 cents to $4.50 with investors switching ownership of 25,843 shares. Tropical Battery exchanged 675,760 units and declined by 7 cents to $1.12 and tTech gained 3 cents to finish at $4.90 with 2,665 stocks crossing the exchange.

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

Modest gains for Junior Market – Monday

Rising stocks edged out declining ones in trading on the Junior Market of the Jamaica Stock Exchange on Monday, leading the market close with a moderate gain in the index, with 24 percent more shares exchanged than on Friday.
Trading ended with 37 companies changing hands compared to 31 on Friday and concluded with the prices of 17 stocks rising, prices of 16 falling and four with prices ending unchanged.
The Junior Market Index gained 4.51 points to settle at 2,541.80. The average PE Ratio ends at 12.9 based on ICInsider.com’s forecast of 2020-21 earnings.
Traders exchanged 5,999,938 shares for $21,980,840 compared to 4,844,204 units at $20,370,620 on Friday.
Jamaican Teas led trading with 32 percent of total volume for 1.92 million shares, with continued increased interest in the stock, ahead of a three to one stock split that takes effect on Friday. Derrimon Trading ended with 19.2 percent of total volume, trading 1.15 million units and Mailpac Group ended with 8.9 percent exchanging of 531,308 units.
Trading averaged 162,160 units at $594,077 in contrast to 156,265 at $657,117 on Friday. For the month to date, the average trade resulted in an exchange of 197,311 units at $571,684, compared to 199,954 units at $570,000 on Friday. October ended averaged 230,868 units at $535,509.
The Investor’s Choice bid-offer indicator shows seven stocks ended with bids higher than their last selling prices and four with lower offers.
At the close of the market, Access Financial dropped 30 cents to $21.70 in an exchange of 354 shares, AMG Packaging advanced 6 cents to $1.55 trading 2,897 stocks, Blue Power gained 9 cents to settle at $3.59 with 204 units changing hands. Caribbean Assurance Brokers fell 19 cents and traded 3,629 shares to close at $1.66, Caribbean Cream lost 15 cents to finish at $3.94 with 38,661 stocks passing through the market, Caribbean Flavours declined by 13 cents to $1.57 with the transfer of 62,849 units. Caribbean Producers added 1 cent and ended at $2.35 with an exchange of 210,351 shares, Consolidated Bakeries shed 36 cents to settle at $1.02, switching ownership of 4,600 stocks, Dolphin Cove climbed 35 cents to finish at $6.90 with 2,800 units changing hands. Elite Diagnostic advanced 20 cents and traded 35,279 shares to end at $3.30, Everything Fresh increased by 5 cents to settle at 78 cents with 6,209 stocks passing through the market, Express Catering gained 19 cents to close at $3.74 with a transfer of 66,419 units. Fontana dropped 25 cents in an exchange of 155,964 shares to finish at $5, Fosrich jumped 50 cents to end at $4.49 with investors switching 200,348 stocks, General Accident fell 25 cents to $6.20, with 39,893 shares changing hands. GWest Corporation gained 7 cents, trading 291,760 units to close at 77 cents, iCreate gained 2 cents to finish at 62 cents with 30,000 stocks passing through the market, ISP Finance shed $5 to end at $16 with a transfer of 2,050 shares. Jamaican Teas traded 1,920,968 units and climbed 15 cents to $6.85, Jetcon Corporation increased by 9 cents to close at 84 cents with an exchange of 1,200 stocks, Knutsford Express dropped 29 cents to $5.71 with 5,815 shares changing hands. Lasco Distributors slipped 1 cent to $3.14 with 67,815 units traded, Lasco Financial lost 6 cents to end at $2.60 with 8,200 stock units passing through the market, Lasco Manufacturing declined 3 cents to $3.76 with investors switching ownership of 15,273 shares. Limners and Bards fell 14 cents to $2.45 with an exchange of 265,595 units, Lumber Depot gained 9 cents to finish at $1.29 with 500,326 stock units changing hands, Mailpac Group traded 531,308 shares and rose 2 cents to end at $2.17. Main Event advanced 41 cents to $3.40 with 3,800 units changing owners, Medical Disposables declined 10 cents to $4.20 with a transfer of 10,664 stock units, SSL Venture gained 5 cents to finish at 58 cents with an exchange of 900 shares. Stationery and Office Supplies increased by 5 cents to $4.55 with 4,244 stock units changing hands, Tropical Battery lost 4 cents to settle at $1.16 with investors switching ownership of 218,622 stocks and tTech dropped 5 cents to close at $4.95 with 550 shares changing hands.

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

Modest gains eked out by Junior Market

Junior Market stocks rose to 2,580.21 within an hour of trading opening at the Jamaica Stock Exchange on Friday, but the market retreated and closed with a modest gain after more stocks declined than rose as investors traded 44 percent more shares than on Thursday.
The Market Index gained 4.03 points to settle at 2,537.29 and the market closed with an average PE Ratio of 12.6 based on ICInsider.com’s forecast of 2020-21 earnings.
Trading closed with 31 securities changing hands compared to 32 on Thursday, ending with the prices of nine stocks rising, 13 declining and nine remaining unchanged.
Trading ended with an exchange of 4,844,204 shares for $20,370,620 versus 3,353,944 units at $7,247,408 on Thursday.
Jamaican Teas led trading with 56 percent of total volume in an exchange of 2.72 million shares, followed by Jetcon Corporation with 14.6 percent with a transfer of 706,934 units and AMG Packaging with 13.9 percent for 671,366 shares.
Trading ended with an average of 156,265 units at $657,117 in contrast to 104,811 at $226,481 on Thursday. For the month to date, the average trade resulted in an exchange of 199,954 units at $570,000, compared to 202,892 units at $564,142 on Thursday. October averaged 230,868 units at $535,509.
The Investor’s Choice bid-offer indicator reading shows seven stocks ended with bids higher than their last selling prices and three with lower offers.
At the market close, AMG Packaging traded 671,366 shares and fell 5 cents to end at $1.49, Blue Power advanced 20 cents to finish at $3.50 with 395 stock units changing hands, CAC 2000 climbed 20 cents to settle at $9.20 with 525 stocks traded. Cargo Handlers jumped $1.26 to close at  $7.60 with a solitary unit passing through the market, Caribbean Cream rose 2 cents to end at $4.09 with investor switching ownership of 87 shares, Caribbean Flavours dropped 11 cents to finish at $1.70 with an exchange of 51,052 stocks. Derrimon Trading declined 10 cents to $2.40 with 60,830 units changing hands, Dolphin Cove jumped 55 cents to $6.55 with 1,800 shares traded, Express Catering fell 21 cents to $3.55 with 11,096 stock units passing through the market. Fontana lost 5 cents to finish at $5.25 with a transfer of 62,257  units, General Accident slipped 3 cents to $6.45 with 1,000 shares changing hands, Indies Pharma shed 24 cents to close at $2.51 with switching the ownership of 142,000 stocks. Jamaican Teas exchanged 2,715,159 units and advanced 55 cents to end at $6.70, Jetcon Corporation gained 5 cents trading 706,934 shares to finish at 75 cents, Knutsford Express slid 3 cents to $6 with 2,188 units passing through the market. Lasco Financial rose 1 cent to close at $2.66 with a transfer of 500 stock units, Lumber Depot declined by 5 cents to $1.20 with an exchange of 17,571 shares, Mailpac Group lost 2 cents to finish at $2.15 with 70,344 stock units changing hands.  Main Event dropped 50 cents to $2.99 with 4,893 shares traded, Medical Disposables fell 10 cents to close at $4.30 with 12,009 shares passing through the market, Stationery and Office Supplies advanced 20 cents to end at $4.50, with the ownership of 1,000 shares switching and tTech shed 65 cents to finish at $5 with 69,629 units crossing the exchange.

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

Junior Market slips on Thursday

Rising stocks price were equal to declining stocks at the close of trading on the Junior Market of the Jamaica Stock Exchange, with the market slipping for a second consecutive day and resulted in the Market Index falling 8.55 points to settle at 2,533.26.
Trading ended with 32 securities changing hands compared to 34 on Wednesday and concluded with the prices of 11 stocks rising, 11 declining and 10 remaining unchanged. At the close, the average PE Ratio ended at 12.7 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with 17 percent more shares trading than on Wednesday after 3,353,944 shares changed hands for  $7,247,408, 21 percent higher than the $5,973,152 allowing for the trading of 2,855,958 units on Wednesday. Jetcon Corporation led trading with 38.9 percent of total volume with 1.31 million shares, followed by Tropical Battery with 17.5 percent of the day’s trade with a transfer of 588,526 units and Mailpac Group with 13.3 percent market share or 446,042 units.
Trading ended with an average of 104,811 units at $226,481 in contrast to 83,999 at $175,677 on Wednesday. For the month to date, the average trade resulted in an exchange of 202,892 units at $564,142, compared to 210,208 units at $589,328 on Wednesday. October averaged 230,868 units at $535,509 for each traded security.
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.
At the close of the market, Access Financial gained 10 cents to end at $22 with an exchange of 2,998 shares, AMG Packaging lost 6 cents to finish at $1.54 with the trading of 21,524 units, Blue Power fell 16 cents to $3.30 and swpped 504 shares. Caribbean Assurance Brokers rose 4 cents to close at $1.85 with investors switching ownership of 1,000 stocks, Caribbean Flavours gained 10 cents to end at $1.81 with 59,500 units changing hands, Caribbean Producers slipped 2 cents and exchanged 4,500 shares to finish at $2.34. Elite Diagnostic declined 1 cent to $3.10 with 15,000 stocks passing through the market, Everything Fresh increased by 3 cents to 73 cents trading 22,181 shares, Express Catering rose 2 cents to $3.76  with a transfer of 450 units. Fontana advanced 10 cents to finish at $5.30 with 65,496 stocks changing hands, Fosrich gained 6 cents to settle at $3.99 with an exchange of 17,225 units, Indies Pharma climbed 15 cents to close at $2.75 with 7,016 shares passing through the market. Jamaican Teas lost 20 cents to end at $6.15 with 275,731 units traded, Knutsford Express shed 67 cents to finish at $6.03 with investors switching ownership of 17,304 stocks, Lasco Distributors fell 14 cents to $3.15 with 5,000 units changing hands. Lasco Manufacturing lost 2 cents and traded 47,576 shares to close at $3.79, Limners and Bards advanced 11 cents to $2.59 with a transfer of 17,900 stocks, Lumber Depot gained 8 cents to finish at $1.25 with 4,477 shares changing hands. Mailpac Group exchanged 446,042 units and slipped 1 cent to settle at $2.17, Main Event jumped 50 cents to close at $3.49 with a mere 331 shares passing through the market and Medical Disposables lost 10 cents to end at $4.40 with 1,316 stocks crossing the exchange.
In the preference segment, CAC 2000 9.5% fell 15 cents to settle at 99 cents with 24,902 units changing hands.

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