All but one Junior Market stock trade

Stability seems to be settling into the Junior market after sharp sell-off.

Trading on the Junior Market of the Jamaica Stock Exchange settled on Thursday with Index falling 20.09 points to close at 2,093.76 as 40 securities changed hands, leaving just one ordinary listing that had no trading. At the close of market activities, the prices of 17 securities advanced, 18 declined and five remained unchanged.
At the close, market activity resulted in an exchange of 4,329,260 units valued at $9,680,619 compared to 2,522,568 units valued at $6,848,779 on Wednesday and the average PE ratio of the market reached 9.8 times 2019 earnings at the close.
Trading ended with an average of 108,232 units for an average of $242,015 in contrast to 78,830 units for an average of $214,024 on Wednesday. The average volume and value for the month to date amounts to units 220,993 valued at $518,921 and previously 228,599 units valued at $537,599. In contrast, February closed with an average of 167,673 units valued at $488,038 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 four with lower offers.
At the close of the market, Access Financial fell 9 cents in trading of 17,601 units at $18.31, AMG Packaging climbed 35 cents and exchanged 10,515 shares at $1.65, Blue Power ended trading with 41,806 shares, after rising 31 cents to end at $4. CAC 2000 lost $1.10 in trading 700 stock units to close at $11.40, Cargo Handlers picked up 90 cents exchanging 3,301 shares at $6, Caribbean Brokers lost 1 cent to end at $1.97 with 26,640 stock units changing hands. Caribbean Producers closed trading of 196,025 shares and gained 17 cents to end at $2.50, Consolidated Bakeries shed 2 cents to settle at $1.46, after transferring 4,740 units, Dolphin Cove ended trading with 3,508 shares, after rising 10 cents to end at $6.50. Derrimon Trading ended with a loss of 1 cent at $1.46 with 5,000 stock units changing hands, Elite Diagnostic closed 30 cents lower to settle at $2.60 with an exchange of 52,000 shares, Express Catering shed 30cents in trading of 92,892 units at $2.90. Fosrich closed with a loss of 25cents at $2.25, swapping of 11,111 shares, Fontana gained 25 cents and exchanged 712,569 shares at $4.25, General Accident closed 55 cents higher at $4.55, with 56,268 stock units trading. GWwest Corporation closed trading of 35,075 units and gained 2 cents to end at 72 cents, Honey Bun lost 30cents in exchanging 31,546 units at $5.70, Indies Pharma closed with 31,960 shares, crossing the market after rising 25 cents to end at $1.50. IronRock Insurance closed trading of 5,365 units and gained 70 cents to end at $3, Jamaican Teas lost 3 cents to settle at $3.93 after transferring 10,766 units, Jetcon Corporation shed 3cents to close at $1, with an exchange of 90,061 shares. Key Insurance ended with a loss of 1 cent at 2 with 80,000 stock units changing hands, KLE Group closed with 47,367 shares, changing hands after rising 1 cent to end at $1.21, Knutsford Express ended with a loss of $1 to finish at $6 with 3,211 stock units changing hands. Lasco Distributors shed 10 cents in trading of 30,601 units at $2.90, Lasco Financial climbed 5 cents and exchanged 344,486 shares at $2.55, Lasco Manufacturing rose 15 cents and transferred 40,200 shares at $3.65. Limners and Bards lost 5 cents in trading 209,671 shares to close at $1.80, Lumber Depot closed 5 cents higher at $1.20, with 1,302,525 stock units trading, MailPac ended with 402,140 shares crossing the exchange, after rising 4 cents to end at $1.41. Main Event declined by 65 cents in trading of 69,210 units at $3.85, Medical Disposables ended market activity exchanging 72,841 shares to close at $5.70 after falling 40cents, Paramount Trading closed 8 cents higher at $1.98, with 4,000 stock units trading. Stationery and Office Supplies picked up 30 cents and exchanged 6,782 shares at $5.80 and tTech ended market activity trading 5,000 shares to close at $3.50 after falling 20 cents.

Prices of securities trading for the day are those at which the last trade took place.

3 days of Junior Market gains end

Trading on the Junior Market of the Jamaica Stock Exchange ended on Tuesday with the market Index diving 52.80 points to close at 2,100.86, down 37 percent for the year as 33 securities changed hands, with prices of nine securities rising, 15 falling and nine remaining unchanged.
 At the close of market activities, 3,161,624 units traded valued at $9,205,109 compared to 3,024,296 units valued at $6,277,143 form 36 securities on Monday.
Trading ended with an average of 95,807 units for an average of $278,943 in contrast to 84,008 units for an average of $174,365 on Monday. The average volume and value for the month to date amounts to units 237,142 valued at $556,057 and previously 245,975 units valued at $573,376. In contrast, February closed with an average of 167,673 units valued at $488,038 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows four stocks ended with bids higher than their last selling prices and two with lower offers.
At the close of the market, Blue Power declined 9 cents in trading of 11,869 units at $3.60, Caribbean Cream exchanged 20,000 stock units and gained 1 cent to end at $2.11, Caribbean Flavours fell 50 cents in trading of 600 units at a 52 weeks’ low of $10. Caribbean Producers declined 10 cents to settle at $3, with 10,000 shares changing hands, Dolphin Cove traded 14,156 shares and fell 50 cents to close $6.50, Elite Diagnostic dropped 39 cents in trading of 95,816 units at a 52 weeks’ low of $2.71. Fosrich ended market activity in exchanging 63,565 shares to close at $2.50 after falling 45 cents, Fontana shed 20 cents in trading of 385,577 units at $4, General Accident dropped 90 cents to settle at $4.10 after exchanging 181,000 stock units and trading at an intraday 52 weeks’ low of $3.89. Indies Pharma closed 5 cents higher at $1.55, with 28,655 stock units trading, Jamaican Teas lost 30 cents in trading 105,774 shares to close at $3.70, Jetcon Corporation dipped 10 cents with 205,925 units changing hands at $1, Knutsford Express declined 25 cents in trading of 79 units at a 52 weeks’ low of $7. KLE Group shed 40 cents in trading of 957 units at a 52 weeks’ low of $1.20, Lasco Distributors closed 32 cents higher at $2.92, with 25,111 stock units changing hands, Lasco Financial closed 29 cents higher at $2.85, with 24,070 stock units trading. Lasco Manufacturing exchanged 39,019 units and gained 64 cents to end at $3.50, Limners and Bards rose 18 cents to end at $1.88 and closed with 137,535 units crossing the exchange, Lumber Depot closed with a loss of 21 cents at 52 weeks’ low of $1.04, swapping of 356,449 shares. MailPac closed trading of 92,679 units and gained 8 cents to end at $1.39. Medical Disposables declined by 50 cents to settle at $5.70, after exchanging 60,381 stock units, Paramount Trading lost 10 cents in trading 34,500 shares to close at 1.90 cents, Stationery and Office Supplies traded 12,974 shares and gained 50 cents to end at $6.50 and tTech declined 20 cents in trading of 1,000,620 units at a 52 weeks’ low of $3.50.
In the Junior Market preference segment, CAC 2000 closed trading of 9,000 units with a gain of 20 cents to end at $1.

Prices of securities trading are those for the day’s last transaction unless otherwise stated.

3 day winning streak for Junior Market

The Junior Market index rose for the third consecutive trading day, gaining a modest 14.19 points to close at 2,153.66 on Monday as 36 securities changed hands, with the prices of just ten stocks advancing, 21 declining and five closed unchanged.
Market activities resulted in an exchange of 3,024,296 units valued at just $6,277,143 compared to 3,640,594 units valued at $10,061,535 on Friday.  The average market PE ratio ended at ten times, 2019 earnings.
Trading concluded with an average of 84,008 units at $174,365 for each security traded, in contrast to an average of 110,321 units for $304,895 on Friday. The average volume and value for the month to date amounts to 245,975 units valued at $573,376 and previously 271,954 units valued at $602,572. In contrast, February closed with an average of 167,673 units valued at $488,038 for each security traded.
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 three with lower offers.
At the close of the market, Access Financial fell 35 cents in trading of 1,900 units at a 52 weeks’ low of $17.65, AMG Packaging ended with a loss of 1 cent at $1.70 with 8,250 stock units changing hands, Blue Power exchanged 7,989 shares by slipping 1 cent to close at $3.69. Cargo Handlers fell 40 cents trading 842 stock units to close at $5.10, Caribbean Assurance declined 1 cent to end at $1.94 with 188,778 units traded, Caribbean Cream closed with a loss of 65 cents at a 52 weeks’ low of $2.10 in the swapping of 100,000 shares. Caribbean Producers dropped 15 cents to settle at $3.10 as 11,008 units changed hands, Consolidated Bakeries ended 4 cents higher at $1.30 with 54,386 stock units crossing the exchange, Elite Diagnostic dropped 40 cents in trading of 93,115 units at $3.10. Express Catering finished with a loss of 60 cents at $3.20 with an exchange of 66,107 shares, Fontana ended trading with 230,426 units, after rising 20 cents to end at $4.20, Fosrich closed trading of 115,510 units and gained 55 cents to end at $2.95. General Accident closed 13 cents higher at $5, with 3,101 stock units trading, GWest Corporation declined 9 cents in trading of 106,669 units at 70 cents, iCreate closed with a loss of 2 cents at 45 cents after swapping 435,204 shares. Indies Pharma lost 45 cents in trading 117,958 shares to settle at a 52 weeks’ low of $1.50, Jamaican Teas closed with a loss of 15 cents at $4 swapping 37,073 shares, Jetcon Corporation ended market activity exchanging 10,100 shares to close at $1.10 after slipping 2 cents. Knutsford Express fell 25 cents to $7.25 with 1,300 shares traded, Lasco Distributors concluded trading of 9,994 units and gained 20 cents to finish at $2.60, Lasco Financial closed 6 cents higher at $2.56 with 78,306 units traded. Lasco Manufacturing rose 4 cents after exchanging 136,184 shares at $2.86, Limners and Bards ended trading with 42,154 shares, after rising 10 cents to close at $1.70, Lumber Depot exchanging 429,151 shares and lost 3 cents to close at $1.25. MailPac fell 9 cents to $1.31 with 478,451 units traded, Main Event declined by 39 cents to settle at $3.81 with 8,332 shares changing hands, Medical Disposables closed trading of 1,889 units and gained 50 cents to end at $6.20. Paramount Trading gained 30 cents and exchanged 4,956 units to end at $2, SSL Venture closed at $1 after falling 10 cents and swapping 10,543 shares and tTech declined by 55 cents to $3.70 with 1,660 stock units crossing the exchange.
In the junior market preference segment, CAC 2000 9.5% preference shares ended market activity, exchanging 37,033 shares to close at 80 cents after falling 7 cents.

Prices of securities trading are those for the day’s last transaction unless stated to be otherwise.

Junior Market bounces again

Add your HTML code here...

The Junior Market index rose on Friday for the second day running by 31.11 points to close at 2,139.47 after heavily weighted Caribbean Producers and Express Catering jumped 75 cents and 40 cents, respectively.
Trading ended with 33 securities changing hands, with 11 stocks advancing, 15 declining and the prices of seven companies holding firm, resulting in an exchange of 3,640,594 units valued at $10,061,535 compared to 3,923,029 units valued at $10,812,457 on Thursday. The average PE ratio market ended at 10.2 times, 2019 earnings.

The trading day ended with an average of 110,321 units at $304,895 for each security traded in contrast to an average of 106,028 units for $292,229 on Thursday.  The average volume and value for the month to date amounts to 271,954 units valued at $602,572 and previously 268,431 units valued at $623,974. In contrast, February closed with an average of 167,673 units valued at $488,038 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows three stocks ended with bids higher than their last selling prices and five with lower offers.
At the close of the market, AMG Packaging shed 19 cents in swapping 4,283 units at $1.71, Blue Power picked up 70 cents to end at $3.70 with a mere 226 shares changing hands, CAC 2000 fell 30 cents to $12.50 in trading 12,200 shares. Caribbean Assurance Brokers lost 6 cents in transferring 51,369 shares and closed at $1.95, Caribbean Cream finished at a 52 weeks’ low of $2.75, after falling 6 cents in exchanging 63,966 stock units, Caribbean Producers climbed 75 cents to $3.25 after trading 35,200 units. Derrimon Trading lost 1 cent in swapping 231,500 shares to close at $1.47, Dolphin Cove lost 50 cents to end at a 52 weeks’ low of $6.50, with 14,156 stock units changing hands, Everything Fresh traded 105,000 shares at a 52 weeks’ low of 62 cents after losing 3 cents. Express Catering gained 40 cents in transferring 58,890 shares at $3.80, General Accident traded 5,550 shares at $4.87, with a loss of 22 cents, GWest Corporation shed 6 cents exchanging of 103,759 units at 79 cents. Honey Bun ended 75 cents higher at $5.70 with 13,258 stock units changing hands, Indies Pharma gained 2 cents in trading 16,063 units at $1.95, Iron Rock rose to $2.30, with gains of 30 cents after swapping 100 units.  Jamaican Teas shed 83 cents with 7,110 shares crossing the exchange at $4.15, Knutsford Express closed 50 cents lower in the swapping of 2,011 shares to close at a 52 weeks’ low of $7.50 and Lasco Distributors added 20 cents trading 28,700 stock units to finish at $2.40. Lasco Financial gained 10 cents in transferring 213,281 units at $2.50, Lasco Manufacturing ended at $2.82 after a loss of 18 cents with 120,693 stock units changed hands, Limners and Bards shed 25 cents in trading of 74,316 shares to end at $1.60. Lumber Depot closed at $1.28 with gains of 7 cents in swapping 192,203 shares, Main Event exchanged 51,669 shares to close at $4.20 after gaining 40 cents, Medical Disposables lost 30 cents in transferring 24,798 units at $5.70. Paramount Trading closed 11 cents lower at $1.70 as 238,829 shares and SSL Venture gained 10 cents with just 500 shares trading at $1.10.

The prices quoted for trades are those of the last transaction for the trading day.

Junior Market jumps sharply – Thursday

The Junior Market index jumped 76.57 points to close at 2,108.36 on Thursday for the first time since it last rose on Tuesday last week and stemming the flow of bleeding for five consecutive days of trading.
Trading ended with 37 securities changing hands with the prices of 17 securities advancing, ten declining and 11 stocks holding firm. Market activities ended with three finishing at 52 weeks’ lows with Access Financial trading at a low of $18, Everything Fresh at 65 cents and Indies Pharma at $1.93.
Trading resulted in an exchange of 3,923,029 units valued at $10,812,457 compared to 12,311,523 units valued at $19,911,394 on Wednesday, with the average market PE ratio ending at 10.1 times 2019 earnings.
The trading day ended with an average of 106,028 units at $292,229 for each security traded in contrast to an average of 332,744 units for $538,146 on Wednesday.  The average volume and value for the month to date amounts to 268,431 units valued at $623,974 and 282,671 units valued at $653,060. In contrast, February closed with an average of 167,673 units valued at $488,038 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 five with lower offers.
At the close of the market, Access Financial fell $1.20 to $18 after exchanging 9,070 shares, AMG Packaging gained 31 cents in the trading of 45,400 units at $1.90, Blue Power slid 67 cents to $3 with 3,349 shares changing hands. Caribbean Assurance Brokers picked up 6 cents to settle at $2.01, with 203,463 shares traded. Caribbean Producers ended the day with 1,102,052 units changing hands after falling 1 cent to $2.50, Consolidated Bakeries closed with a gain of 1 cent at $1.26 in the swapping of 30,000 shares. Derrimon Trading gained 8 cents in trading 151,900 shares to close at $1.48, Everything Fresh exchanged 140,000 shares at 65 cents after losing 15 cents, Express Catering swapped 111,969 shares at $3.40 with gains of 40 cents, Fontana picked up 20 cents to close at $4 with 346,578 units traded. General Accident exchanged 81,830 shares and rose 79 cents to close at $5.09, GWest Corporation added 20 cents in trading of 1,669 units at 85 cents. Honey Bun ended 5 cents lower at $4.95 with 24,331 stock units changing hands, Indies Pharma fell by 4 cents in trading of 77,709 units at $1.93. ISP Finance shed $1 to end at $14, with an exchange of 200 units, Jamaican Teas added 98 cents in trading 60,625 shares at $4.98, Jetcon gained 13 cents in the swapping of 22,669 shares to close at $1.12, Key Insurance closed at $2.08, with gains of 8 cents exchanging 23,520 shares. Lasco Distributors gained 20 cents trading 1,100 stock units to settle at $2.20, Lasco Financial added 10 cents in trading of 60,130 units at $2.40, Lasco Manufacturing ended at $3 after gaining 20 cents with 55,747 stock units changing hands., Limners and Bards traded 31,005 shares after slipping 10 cents to end at $1.85. Lumber Depot closed at $1.21 with gains of 4 cents in swapping 144,020 shares, MailPac rose by 1 cent in trading of 438,215 units at $1.40, Main Event exchanged 32,088 shares to close at $3.80 after losing 20 cents, Medical Disposables added 30 cents in exchange of 2,000 units at $6. Paramount Trading closed 1 cent lower at $1.81 with 32,611 shares changing hands and SSL Venture traded 4,725 shares to end the day 10 cents lower at $1.

Prices of securities trading for the day are those at which the last trade took place.

Junior stocks mostly rise but index falls

The Junior Market Index dropped again in trading on Wednesday by 49.39 points to close at 2,031.79 and taking the fall for the year to date to 39.3 percent, taking the market way back to July 11, 2016 levels, the second year of the last bull run.
Trading resulted in many stocks rebounding at the close of the market activities and leading to the prices of 17 securities rising, 13 declining and the prices of seven stocks closing unchanged.
Trading on the Junior Market concluded with 37 securities changing hands, resulting in an exchange of 12,311,523 units valued at $19,911,394 compared to 38,566,809 units valued at $62,217,505 on Tuesday, with the average market PE ratio ending at 10.1 times 2019 earnings.
The trading day ended with an average of 332,743 units at $538,146 for each security traded in contrast to an average of 1,071,300 units for $1,736,994 on Tuesday.  The average volume and value for the month to date amounts to 282,671 units valued at $653,060 and previously 277,858 units valued at $664,104. In contrast, February closed with an average of 167,673 units valued at $488,038 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading 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 fell $2.60 to 52 weeks’ low of $19.20 after exchanging 5,000 shares, AMG Packaging shed 31 cents in the trading of 650 units at $1.59, Blue Power slipped 2 cents to $3.67 with 17,751 shares changing hands. CAC 2000 climbed 30 cents to $12.80 with 5,800 stock units traded, Cargo Handlers ended at $5.50 with 3,749 shares crossing the exchange after gaining 40 cents, Caribbean Assurance Brokers picked up 4 cents to settle at $1.95 with 110,320 stock units traded. Caribbean Cream added 1 cent in the exchange of 10,0000 shares to close at $2.81, Caribbean Producers ended the day with 105,100 units traded after falling 21 cents to a 52 weeks’ low of $2.51, Consolidated Bakeries closed with a loss of 20 cents at a 52 weeks’ low of $1.25 in the swapping of 15,224 stock units. Dolphin Cove dropped 80 cents in trading of a mere 40 shares to close at a 52 weeks’ low of $7, Everything Fresh exchanged 11,864 units at 80 cents after losing 5 cents, Fontana picked up 8 cents to close at $3.80 with 1,010,881 stock units traded, but only after it traded at a 52 weeks’ low of $3.50. Fosrich fell 60 cents to settle at a 52 weeks’ low of $2.40 with 30,688 shares swapped, General Accident exchanged 17,504 shares and declined by 20 cents to close at $4.30, GWest Corporation gained 5 cents in trading of 19,578 units at 65 cents. Honey Bun ended 50 cents higher at $5 with 11,138 stock units changing hands, iCreate climbed 2 cents and exchanged 44,589 shares at 47 cents, Indies Pharma fell 12 cents trading of 30,039 units at a 52 weeks’ low of $1.97. Jamaican Teas added 5 cents and exchanged 50,095 stock units at $4, Jetcon gained 2 cents in the swapping of 99,650 shares to close at 99 cents, Lasco Distributors fell 28 cents and traded 1,507,553 stock units to settle at a 52 weeks’ low of $2. Lasco Financial climbed 30 cents in trading of 53,016 units at $2.30, Lasco Manufacturing lost 6 cents to settle at $2.80 with an exchange of 77,309 stock units, Limners and Bards traded 50,648 shares after slipping 31 cents to end at $1.95. MailPac gained 4 cents in trading 128,220 units at $1.39, Main Event rose 49 cents and exchanged 59,013 shares to close at $4, Medical Disposables rose 40 in exchanging 10,932 units at $5.70. Paramount Trading closed 2 cents higher at $1.82 with 15,000 stock units changing hands, SSL Venture traded 10,000 shares to end the day 8 cents higher at $1.10 and Stationery and Office Supplies climbed 30 cents to $6 with 31,286 shares crossing the exchange.

Prices of securities trading for the day are those at which the last trade took place.

Junior Market carnage worsens – Tuesday

The Junior Market continued its freefall on Tuesday, dropping a record 152.05 points to close at 2,081.18, levels not seen since April 2016 as the 36 securities trading resulted in 23 stocks declining, seven rising and six stocks holding firm with the market losing 38 percent of its value since the start of the year.
At the close of trading nine stocks ended at 52 weeks’ lows and several stocks suffered steep fall in prices and were led by ISP Finance with a drop of $4.75, followed by Cargo Handlers $1.40, Jamaican Teas $1.05, Fontana $1.02 and Caribbean Producers with a large capitalization shed 78 cents.
Trading resulted in an exchange of 38,566,809 units at $62,217,505, of which Derrimon Trading accounted for 28.6 million units, compared to 20,701,190 units valued at $69,475,355 on Monday, with the average market PE ratio ending at 10.3 times 2019 earnings.
The trading day ended with an average of 1,071,300 units for $1,728,264 for each security traded in contrast to an average of 559,492 units for an average of $1,877,712 on Monday.  The average volume and value for the month to date amounts to 277,858 units valued at $664,104 and previously 196,013 units valued at $553,434. In contrast, February closed with an average of 167,673 units valued at $488,038 for each security traded.
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 three with lower offers.
At the close of the market, Access Financial gained 30 cents to finish at $21.80 with 6,650 shares traded, AMG Packaging exchanged 38,325 shares and added 29 cents to end at $1.90, Cargo Handlers lost $1.40 in swapping 2,045 shares to close at a 52 weeks’ low of $5.10. Caribbean Assurance slipped 1 cent to $1.91 with 92,300 shares traded, Caribbean Cream swapped 17,633 units and lost 20 cents to settle at $2.80, Caribbean Producers declined by 78 cents to end at a 52 weeks’ low of $2.72 with 120,030 shares changing hands. Derrimon Trading fell 20 cents to a 52 weeks’ low of $1.40 in exchanging a mammoth 28,587,354 units, Everything Fresh closed 5 cents higher at 85 cents with 17,356 stock units trading, Express Catering fell to a 52 weeks’ low of $3 after losing 20 cents with 129,798 shares changing hands. Fontana closed trading of 1,939,436 units and shed $1.02 to end at a 52 weeks’ low of $3.72, Fosrich added by 5 cents to finish at $3 in swapping of 17,160 units, General Accident dropped 50 cents in trading of 176,828 units at $4.50. Honey Bun closed with an exchange of 210,094 shares after falling 62 cents to $4.50, iCreate slipped 3 cents to 45 cents with 444,000 shares traded, Indies Pharma added 12 cents in exchanging 20,972 units at $2.09. Iron Rock Insurance closed at a 52 weeks’ low of $2 after dropping 30 cents and swapping 83,352 shares, ISP Finance fell to $15 after shedding $4.75 with 6,000 shares crossing the exchange, Jamaican Teas dropped $1.05 after trading 186,502 shares to end at $3.95. Jetcon fell 20 cents exchanging 396,473 shares at a 52 weeks’ low of 97 cents, KLE closed trading of 100,000 units and slipped 12 cents to settle at $1.60, Knutsford Express fell 30 cents to $8 with 2,746 shares traded. Lasco Distributors exchanged 143,713 shares and gained 30 cents to close at $2.20, Lasco Financial dropped 20 cents trading of 1,231,043 units and to settle at $2, Lasco Manufacturing lost 7 cents to settle at $2.86 with 138,909 units changing hands. Limners and Bards ended 26 cents higher at $2.26 with 120,000 shares crossing the market, Lumber Depot fell 10 cents to a 52 weeks’ low of $1.17 with an exchange of 448,162 stock units, MailPac closed trading of 3,497,845 units and lost 3 cents to end at $1.35. Main Event finished at $3.51 after dropping 49 cents, exchanging 120,152 shares, Medical Disposables declined by 40 cents in the swapping of 6,029 to close at $5.30, and Stationery and Office Supplies lost 20 cents to settle at a 52 weeks’ low of $5.70 with 26,454 stock units crossing the exchange.

Prices of securities trading for the day are those at which the last trade took place.

Trading soars as the market tumbles

The Junior Market of the Jamaica Stock Exchange had a huge uptick in volume trading on Monday, that did not help the market, as prices mostly fell, with the market index tumbling 84.68 points to close at 2,233.23, the lowest level since September 2016 as nine stocks closed at 52 weeks’ lows.
The market has lost 33 percent of its value since the start of the year and 39 percent since peaking in August 2019. Trading activities concluded with 37 securities changing hands, resulting in an exchange of 20,701,190 units valued at $69,475,355 compared to 4,544,381 units valued at $10,187,594 on Friday. At the close of market activities, the prices of 8 securities advanced, 22 declined and seven remained unchanged, with the average market PE ratio ending at just 10.7 times 2019 earnings.
Trading ended with an average of 559,492 units at $1,877,712 for each security traded in contrast to 133,658 units for an average of $299,635 on Friday. The average volume and value for the month to date amounts to 196,013 units valued at $553,434 and previously 152,909 units valued at $296,388. In contrast, February closed with an average of 167,673 units valued at $488,038 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.
At the close of the market, Access Financial lost $1.25 in trading 6,440 shares at $21.50, AMG Packaging fell 4 cents to $1.61 with an exchange of 17,000 units, Blue Power gained 69 cents to end at $3.69 with 2,000 units changing hands. Caribbean Assurance Brokers lost 8 cents to end at $1.92 in swapping 102,431 units, Caribbean Cream gained 20 cents, with 3,607 shares crossing the exchange at $3, Caribbean Flavours closed 33 cents higher at $10.50, trading 948 stock units, Consolidated Bakeries lost 6 cents in swapping 516,814 shares to close at $1.45. Derrimon Trading shed 10 cents in trading of 159,167 units at to close at a 52 weeks’ low of $1.60, Dolphin Cove slipped 20 cents to $7.80 with 32,520 shares changing hands, Elite Diagnostic ended trading with a whopping 14,594,247 units and dropped 30 cents to $3.50. Everything Fresh shed 5 cents to end at 80 cents with 82,615 units exchanged, Express Catering lost 50 cents in trading 54,751 shares to close at a 52 weeks’ low of $3.20, Fontana closed 3 cents higher at $4.74, with 403,961 stock units crossing the exchange. GWest Corporation ended market activity exchanging 284,300 shares to close at a 52 weeks’ low of 60 cents after falling 22 cents, Honey Bun lost 13 cents in trading 28,475 units at $5.12, Indies Pharma dipped 2 cents to $1.97 in trading of 311,610 shares. Jamaican Teas closed 3 cents higher at $5, with 59,795 stock units changing hands, Jetcon Corporation exchanged 34,000 shares and declined by 8 cents to settle at a 52 weeks’ low of $1.17, Key Insurance dropped 40 cents to settle at a 52 weeks’ low of $2 with 11,450 stock units changing hands. Knutsford Express closed trading of 1,521 units and gained 30 cents to end at $8.30, Lasco Distributors declined 70 cents in trading of 44,659 units at a 52 weeks’ low of $1.90, Lasco Financial slipped 10 cents to $2.20 with 259,724 units traded. Lasco Manufacturing closed 8 cents lower in trading of 129,335 units at $2.93, Limners and Bards fell 25 cents in the exchange of 85,170 units at $2, Lumber Depot ended with a loss of 1 cent at $1.27 with 99,777 stock units changing hands. MailPac added 3 cents exchanging 79,795 shares at $1.38, Main Event declined by 17 cents to settle at a 52 weeks’ low of $4, with 97,399 shares traded, Paramount Trading lost 17 cents in swapping 40,442 units at $1.80. SSL Venture closed 2 cents higher at $1.02, with 2,000 stock units trading and Stationery and Office Supplies dived $1.10 to settle at a 52 weeks’ low of $5.90 with 14,773 shares crossing the exchange.

Prices of securities trading for the day are those at which the last trade took place.

More slippage for Junior Market

The Junior Market Index declined further on Friday, taking it down to 2,317.91 with a fall of 27.62 points at the close, slashing 31 percent off the value of Junior Market stocks in 2019 and 37 percent since it peaked in August last year, taking the market back to September 2016 levels.   Trading ended, with 34 securities changing hands, resulting in the prices of 10 securities advancing, 18 declining and six remaining unchanged.an exchange of 4,544,381 units valued at $10,187,594 compared to 4,910,632 units valued at $15,136,846 on Thursday. Trading left the average market PE ratio at 11 times 2019 earnings.
Trading ended with an average of 133,658 units at $299,635 for each security, in contrast to 148,807 units for an average of $458,692 on Thursday. The average volume and value for the month to date amounts to 152,909 units valued at $396,388 and previously 155,263 units valued at $408,221. In contrast, February closed with an average of 167,673 units valued at $488,038 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows two stocks ended with bid higher than the last selling prices and four with lower offers.
At the close of the market, Access Financial shed $1.25 in trading of 13,618 units at $22.75, AMG Packaging ended market activity, exchanging 35,500 shares to close at $1.65, after falling 25 cents, Caribbean Producers dipped 50 cents in trading of 33,850 units at $3.50. Consolidated Bakeries added 1 cent in exchanging 217,000 shares at $1.51, Derrimon Trading fell 15 cents in trading of 343,000 units at a 52 weeks’ low of $1.70, Dolphin Cove lost 30 cents to end at $8, after trading 28,000 shares. Elite Diagnostic shed 10 cents exchanging 5,000 units at $3.80, Express Catering fell 10 cents after 20,000 units changed hands at $3.70, Fontana gained 20 cents to close at $4.71, trading 412,665 stock units, Fosrich fell 15 cents to a 52 weeks’ low of $2.95, with 34,558 units changing hands. General Accident dropped $1.10 and ended market activity exchanging 67,413 shares at $5, Honey Bun declined 65 cents trading 123,374 units at $5.25, iCreate lost 2 cents with 167,462 units crossing the market at a 52 weeks’ low of 48 cents, Indies Pharma transferred 52,631 units and gained 3 cents to end at $1.99. Jamaican Teas lost 23 cents transferring 26,418 units at $4.97, Jetcon closed 5 cents higher at $1.25, with 1,039,008 stock units changing hands, Key Insurance gained 20 cents to end at $2.40, with 40,000 stock units crossing the exchange. Lasco Distributors dipped 20 cents in trading of 198,632 units at a 52 weeks’ high of $2.60, Lasco Financial gained 4 cents in exchanging 44,826 shares at $2.30, Lasco Manufacturing closed trading of 115,800 units with a gain of 5 cents to end at $3.01. Limners and Bards closed 18 cents higher at $2.25, with 139,147 stock units moving through the market, Lumber Depot ended with a loss of 1 cent at $1.28, with 24,161 stock units changing hands, Main Event closed 5 cents higher at $4.17, with 22,996 stock units trading. MailPac closed with a loss of 13 cents at $1.35, in swapping of 919,320 shares, Paramount Trading shed 3 cents to close at $1.97 exchanging 57,898 shares, SSL Venture shed 2 cents in trading of 1,443 units at $1 and Stationery and Office Supplies closed 30 cents higher at $7, with just ten stock units changing hands.

Prices of securities trading for the day are those at which the last trade took place.

More signs Junior Market is bottoming

The Junior Market Index dropped 38.62 points in trading on Tuesday following a 46.73 points drop on Wednesday to close at 2,345.53 with a decline of 30 percent for the year to date but gains in some stocks in Thursday’s session, suggest that prices may be poised to rebound.

General Accident jumped $1 and closed at $6.10, a strong signal that prices of Junior stocks seem set to rise.

At the close, prices of 12 securities rose, 12 declined and nine remained unchanged, with two stocks closing at 52 weeks’ low and five traded at intraday lows.
Trading left the average market PE ratio at 11.3 times 2019 earnings as the market closed with 33 securities changing hands, resulting in an exchange of 4,910,632 units valued at $15,136,846 compared to 4,810,590 units valued at $18,535,804 from 35 on Wednesday.
Trading ended with an average of 148,807 units for an average of $458,692 in contrast to 137,445 units for an average of $529,594 on Wednesday. The average volume and value for the month to date amounts to 156,132 units valued at $401,422 and previously 156,132 units valued at $401,422 for each company trading. In contrast, February closed with an average of 167,673 units valued at $488,038 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows four stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close of the market, Caribbean Assurance lost 26 cents trading 527,442 stock units to close at $2.05, after hitting a record low of $1.81, Derrimon Trading rose 5 cents to $1.85, in transferring 3,949 shares. Dolphin Cove rose 50 cents exchanging 10,378 shares to close at $8.30, Elite Diagnostic gained 50 cents higher at $3.90, with the trading of 258,458 stock units, Express Catering shed 19 cents with 59,955 shares changing hands at $3.80. Fontana declined by 19 cents to settle at $4.51, with 1,531,748 units traded, Fosrich gained 10 cents exchanging 49,334 shares at $3.10, General Accident closed trading with 86,671 shares, after jumping $1 to end at $6.10, GWest Corporation ended trading with 51,178 shares, after rising 4 cents to settle at 85 cents. Honey Bun jumped 70 cents in trading 65,175 units at $5.90, iCreate lost 5 cents exchanging 44,700 shares to close at a 52 weeks’ low of 50 cents, Indies Pharma ended with 118,930 shares changing hands, after losing 4 cents to end at $1.96, Jamaican Teas rose 5 cents after trading of 6,057 units at $5.20. Jetcon Corporation shed 5 cents trading of 28,045 units at $1.20, Lasco Distributors closed trading of 147,708 units and fell 25 cents to end at $2.80, Lasco Financial added 6 cents after exchanging 34,381 shares at $2.26, Lasco Manufacturing traded 149,534 shares and lost 4 cents to end at $2.96. Limners and Bards declined by 13 cents to settle at $2.07 after exchanging 76,612 shares. Lumber Depot gained 12 cents to end at $1.29 trading 309,333 shares, MailPac rose 5 cents in transferring 847,299 shares to close at $1.48, Main Event fell 87 cents moving 48,700 units through the exchange at a 52 weeks’ low of $4.12. Paramount Trading closed 13 cents higher at $2, with 10,100 stock units trading, Stationery and Office Supplies lost 80 cents, with 57,450 units changing hands at $6.70 and tTech rose 10 cents to $4.25, trading 6,500 stock units.

Prices of securities trading for the day are those at which the last trade took place.