Trading on the Junior Market climbed on Monday with an exchange of 21,868,083 units valued at $65,699,802 compared to 1,704,155 units valued at $7,059,645 on Friday but the market index fell more than 40 points.
At the close, the market Index dived 40.70 points to close at 3,021.51 as the prices of 6 securities rose, 4 declined and 6 traded unchanged resulting from 16 securities changing hands, down from 20 on Friday.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows 7 stocks ending with bids higher than their last selling prices and 3 with lower offers.
Trading ended with an average of 1,366,755 units for an average of $4,106,238 in contrast to 85,208 units for an average of $352,982 on Friday. 
The average volume and value for the month to date amounts to 340,878 units valued at $1,271,893 and previously 187,472 units valued at $848,065. June closed with an average of 139,543 units, valued at $671,002 for each security traded.
At the close of trading in the Junior market, AMG Packaging ended 1 cent higher at $2, with 5,028 stock units, Caribbean Producers finished trading at $5.25, with 8,291 units, C2W Music added 15 cents to close at a 52 weeks’ high of $1.45, with 13,408 shares, Elite Diagnostic settled with a loss of 3 cents at $2.97, with 20,046,806 units, Everything Fresh traded 29,100 units and closed at $2.14, Express Catering gained 4 cents to close at $7.14, with 8,135 shares. FosRich Group finished trading 10 cents higher at $2.75, with 125,000 shares, Honey Bun concluded trading at $5, with 9,475 shares, Jamaican Teas ended trading 24,929 stock units and rose 1 cent to close at $5.01,
Jetcon Corporation traded 17,500 units at $4. Key Insurance traded 1,500,000 shares with a loss of 99 cents at $3.01, Knutsford Express declined by $1.01 to $11.50, with 1,000 shares, Lasco Distributors rose 3 cents to $4.18, with 25,668 stock units, Lasco Financial finished at $5.10, with 17,996 units traded, Lasco Manufacturing settled at $4, with 1,107 shares and Stationery and Office closed with a loss of 5 cents at $7.95, with 34,640 units changing hands.
In the Junior Market US dollar bond market Eppley 5% bond traded 373 units at US$1.
Prices of securities trading for the day are those at which the last trade took place.
Record run for IC TOP stocks
Kingsley Cooper Chairman of Pulse that gained 67% during the past week.
Pulse Investments, in the main market TOP 10, up to the week starting June 25, jumped 67 percent this past week, to close at $3. Current listings, Caribbean Cement traded at $45 and Grace Kennedy at $56 both at 52 weeks’ highs during the week.
Former listing, Derrimon Trading ordinary share traded at an all-time high of $20.50 during the week while, the preference share traded at $2.45 for at a new high. The week closed out with 138 Student Living, falling to a 52 weeks’ low of $4.40 but C2W Music climbed to a 52 weeks’ high of $1.30 as the main market moved within just 300 points of the record high reached on June 13, while the Junior Market traded at the highest level during the week, since December last year.
There is just one change to the TOP 10 listings at the end of the week, with Stationery and Office Supplies that just slipped off the Junior Market list at the end of the previous week returning after Caribbean Producers that dethroned it in the previous week was squeezed it out, as Carib Producers rose to $5.50 from $5.10 at the end of the previous week.
With the average PE ratio for Junior Market Top stocks at 6.2 compared to an average PE for the overall market of 11, based on 2018 estimated earnings and the main market PE at 7.9 for the top stocks, compared to a market average of 13, suggest that the rest of the year should deliver better returns than the first half. A look back on the markets shows that they made noticeable rise in August last year, a pattern that goes back several years and could well do so again.
The sharp reduction in Bank of Jamaica policy rate to an unprecedented 2 percent and Treasury bill interest rates to record lows of 2.5 percent, is set to push stocks values much higher unless profits for most of the listed companies decline. The shortage of supply of many listings continues and is set to result in a big rise in prices going forward before supplies will be able to satisfy what is likely to be a rising demand.
Last week prospectuses for Stanley Motta and Mayberry Jamaican Equities were published and this week Indies Pharma is released. The first two are not priced to bounce based on the underlying nature of these companies. Stanley Motta is a real estate play that will provide income that is better than most fixed interest securities with moderate capital appreciation going forward, while Mayberry Jamaican Equities is a closed end mutual fund, growth is going to depend of appreciation in the investments held or to be acquired. Indies Pharma, with IC Insider.com preliminary earnings estimate for 2018 of 16 cents per share, could get a bounce sometime after listing and could reach $2.40. The stock sits in the mid-range of IC Insider.com’s ranking of Junior Market stocks with a PE of 10 just a bit less than the average of 11 for the market but most IPOs have traded around 15 times the current year’s earnings.
IC Insider.com’s TOP 10 stocks now trade at an average discount of 45 percent to the average for the Junior Market Top stocks but it’s a third of what the average PE for the year is likely to be of 20 times earnings and main market stocks traded at a discount of 39 percent to the market.
Stocks to Watch The stocks to watch this week include, NCB Financial. PanJam Investment could move higher again, as there continues to be buying but there is very limited supply of the stock on offer. Radio Jamaica that came for increased buying recently seems to be seeing supplies coming to market at $1.20 or higher and could get more attention with the network broadcasting the popular world cup matches as adverting revenues should climb from the coverage. Others worth watching include Caribbean Cement, Berger Paints with little selling, Grace Kennedy for which there is also limited supply and Pulse Investments. In the Junior market, Demand for Derrimon Trading should continue with a resolution to be voted on at the upcoming AGM to split each share into 10 units. Supplies for Stationery and Office continue to trade around the $8 mark with limited supply, the stock could move higher in coming days or weeks. Jamaican Teas pulled back in the past week from $5.50 to $5 this week, but with limited stocks being offered for sale, is worth watching.
Juniors inched higher – Friday
Junior market index moving higher gradually, but seems poised to surge higher by August as happened in 2017.
Trading on the Junior Market returned to more sedate levels on Friday with 1,704,155 units valued at $7,059,645, compared to 13,901,904 units valued at $65,220,930 on Thursday.
At the close, the market Index advanced by 8.27 points to close at 3,062.21 as the prices of 4 securities rose, 10 declined and 6 traded unchanged resulting from 20 securities changing hands, up from 25 on Thursday.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows 5 stocks ending with bids higher than their last selling prices and 4 with lower offers.
Trading ended with an average of 85,208 units for an average of $352,982 in contrast to 556,076 units for an average of $2,608,837 on Thursday.
The average volume and value for the month to date amounts to 148,472 units valued at $848,065 and previously 210,982 units valued at $961,878. June closed with an average of 139,543 units, valued at $671,002 for each security traded.
At the close of trading in the Junior market, AMG Packaging ended with a loss of 1 cent at $1.99, with 23,429 stock units, Caribbean Cream fell 16 cents to close at $4.84, with 21,756 shares, Consolidated Bakeries closed with 117,515 shares trading and lost 10 cents to end at $1.90, C2W Music ended at $1.30, with 29,999 shares changing hands, Derrimon Trading exchanged 23,136 shares and traded at an all-time intraday high of $20.50 but fell afterwards by 44 cents from Thursday’s close to end Friday at $19.16. Dolphin Cove finished at $15, with 1,400 stock units, Elite Diagnostic settled with a loss of 5 cents at $3 and trading 95,139 units, Express Catering traded 5 cents higher at $7.10, with 18,979 shares, 
FosRich Group finished trading with a loss of 30 cents at $2.65, in exchanging 6,242 shares. Honey Bun ended trading at $5, with 200 shares, Jetcon Corporation traded at $4, with 30,280 units changing hands, Knutsford Express ended 41 cents higher at $12.51, with 3,870 shares, Lasco Distributors concluded trading with a loss of 4 cents at $4.15, in exchanging 540,300 stock units. Lasco Financial finished 11 cents higher at $5.10, with 445,789 units, Lasco Manufacturing lost 20 cents to close at $4, with 103,771 shares, Medical Disposables traded 2,000 shares at $5, Paramount Trading closed 3 cents higher at $3, trading 4,200 stock units, Stationery and Office closed at $8, with 15,869 units changing owners and tTech declined 10 cents to $5.90, with 350 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place.
Volume surged on Junior Market – Thursday
Jamaican Teas CEO, John Mahfood – the company’s shares traded the most on the Junior market on Thursday.
Trading on Thursday surged more than 7 times Wednesday’s level on Junior Market with 13,901,904 units valued at $65,220,930 traded, compared to 1,732,089 units valued at $7,477,627 on Wednesday.
The day’s trading levels were boosted by Jamaican Teas with more than 9 million units and Lasco Distributors with nearly 3.5 million shares.
At the close, the market Index dropped 32.96 points to 3,053.94 as the prices of 6 securities rose, 10 declined and 9 traded unchanged resulting from 25 securities changing hands, up from 20 on Wednesday. Derrimon Trading ordinary as well as its preference share ended at 52 weeks’ high of $19.60 and $2.50 respectively. Derrimon posted a 45 percent rise in its first quarter profit and announced 10 to 1 stock split to be voted on at the company’s upcoming AGM.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows 8 stocks ending with bids higher than their last selling prices and 4 with lower offers.
Trading ended with an average of 556,076 units for an average of $2,608,837 in contrast to 86,604 units for an average of $373,881 on Wednesday. The average volume and value for the month to date amounts to 210,982 units valued at $961,878 and previously 71,831 units valued at $297,781. June closed with an average of 139,543 units, valued at $671,002 for each security traded.
At the close of trading, Access Financial closed with a loss of 50 cents at $46.50, trading 500 shares, AMG Packaging price fell 8 cents to end at $2, with 11,775 stock units, Caribbean Cream ended trading 40 cents higher at $5, with 10,000 shares, Caribbean Producers finished trading with a loss of 35 cents at $5.25, in exchanging 140,555 units, Consolidated Bakeries closed with a loss of 5 cents at $2, with 116,600 shares. C2W Music ended at $1.30, with 27,566 shares, Derrimon Trading jumped $1.20 to a new high of $19.60, with 13,766 shares changing hands, Elite Diagnostic settled 8 cents higher at $3.05, with 32,097 units, FosRich Group finished trading 20 cents higher at $2.95, with 38,505 shares. General Accident closed with a loss of 1 cent at $2.95, after trading 106,177 stock units, Honey Bun concluded trading of 20,000 shares with a loss of 25 to $5, Iron Rock finished at $3, with 501 shares traded, ISP Finance settled at $15, with 904 shares. 
Jamaican Teas ended trading 1 cent higher at $5, with 9,332,829 stock units changing hands, Jetcon Corporation traded with a loss of 10 cents at $4, as 40,594 units were exchanged, KLE Group closed at $2.90, with 1,864 shares, Knutsford Express lost 41 cents to close at $12.10, with 2,000 shares. Lasco Distributors concluded trading with a loss of 1 cent at $4.19, as 3,477,500 stock units were exchanged, Lasco Manufacturing settled at $4.20, with 104,600 shares, Main Event ended trading at $7, with 26,189 shares, Medical Disposables traded 872 shares at $5 and Stationery and Office closed with a loss of 50 cents at $8, trading 107,942 units. In the junior market preference segment, Derrimon Trading 9% preference share ended 60 cents higher to an all-time high of $2.50, with 1,000 stock units changing hands.
Prices of securities trading for the day are those at which the last trade took place.
Junior Market moves higher – Wednesday
Derrimon closed at new 52 weeks’ high on Wednesday.
At the close of market activity, the prices of 5 stocks that traded remained unchanged out of a total of 20 securities trading on Wednesday, with a similar number trading on Tuesday. At the close, one stock Derrimon Trading closed at 52 weeks’ high as investors seem to be responding to a combination of increased first quarter profit and a proposed 10 to 1 stock split to come. A total of 1,732,089 units valued at $7,477,627 traded compared to 1,064,377 units valued at $3,987,642 on Tuesday.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows7 stocks ending with bids higher than their last selling prices and 5 with lower offers.
Trading ended with an average of 86,604 units for an average of $373,881 in contrast to 53,219 units for an average of $199,382 on Tuesday. The average volume and value for the month to date amounts to 71,831 units valued at $297,781 and previously 64,795 units valued at $261,543. June closed with an average of 139,543 units, valued at $671,002 for each security traded.At the close of trading, Access Financial closed with a loss of 4 cents at $47, with 1,400 shares traded, AMG Packaging fell 2 cents to end at $2.08, with 27,000 stock units, Blue Power concluded trading at $48, with 1,178 units, Caribbean Flavours traded 60 cents higher at $11.60, with 3,905 stock units, Caribbean Producers finished trading after rising 5 cents to $5.60, with 1,521 units. Consolidated Bakeries closed with a loss of 5 cents at $2.05, with 96,800 shares, Derrimon Trading jumped $2.40 to a new all-time high of $18.40, with just 500 shares, Dolphin Cove finished with a loss of $1.80 at $15, while exchanging 20,000 stock units, Elite Diagnostic settled with a loss of 8 cents at $2.97 trading 65,477 units.
Express Catering traded 4,427 shares with a loss of 45 cents to $7.05, GWest Corporation ended with a loss of 10 cents at $2.40, exchanging 10,919 units, Jamaican Teas eased down by 1 cent to $4.99, with 1,120 stock units, Jetcon Corporation traded 154,528 units. at $4.10, Lasco Distributors concluded trading 1 cent higher at $4.20, with 430,142 stock units, Lasco Financial finished at $4.99, trading 497,156 units. Lasco Manufacturing settled 20 cents higher at $4.20, with 223,000 shares, Paramount Trading traded 25,143 stock units and finished trading at $2.97, Stationery and Office closed 54 cents higher at $8.50, with 12,615 units trading and tTech concluded trading at $6, with 5,000 shares changing hands.Prices of securities trading for the day are those at which the last trade took place.
Junior Market gains again – Tuesday
C2W trades at a 52 weeks’ high of $1.30 on Tuesday.
The Junior Market inched higher at the close on Tuesday, leading to the market Index rising just 7.32 points to close at 3,071.02 after the prices of 10 securities advanced and 6 declined.
At the close of market activity 4 remained unchanged out of a total of 20 securities trading on Tuesday compared to 24 securities trading on Monday. At the close, one stock C2W Music closed at 52 weeks’ high and 1,064,377 units valued at $3,987,642 traded, compared to 1,657,028 units valued at $6,997,147 changing hands on Monday.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows 5 stocks ending with bids higher than their last selling prices and 3 with lower offers.
Trading ended with an average of 53,219 units for an average of $199,382 in contrast to 75,319 units for an average of $318,052 on Monday. The average volume and value for the month to date amounts to 64,795 units valued at $261,543. June closed with an average of 139,543 units, valued at $671,002 for each security traded.
At the close of trading, AMG Packaging ended trading rising 9 cents to $2.10, with 5,738 stock units changing hands, Caribbean Cream lost 3 cents to close at $4.60, with 1,550 shares, Caribbean Flavours traded at $11, with 7,953 stock units, Caribbean Producers finished trading 35 cents higher at $5.55, with 50,570 units, C2W Music ended 3 cents higher at 52 weeks’ high of $1.30, with 13,000 shares. Elite Diagnostic settled at $3.05, with 18,002 units trading, Everything Fresh gained 17 cents to close at $2.42 trading 331,780 shares, Express Catering traded 50 cents higher at $7.50, with 50,873 shares, FosRich Group rose 15 cents to $2.75, with 35,646 shares, General Accident closed with a loss of 4 cents at $2.96 and 65,519 stock units changing hands. 
GWest Corporation ended with a loss of 50 cents at $2.50, with 37,683 units traded, Honey Bun gained 5 cents to end at $5.25, with 1,600 shares, Jamaican Teas ended trading at $5, with 114,149 stock units, Jetcon Corporation traded at $4.10, with 159,848 units. Lasco Distributors concluded trading 93,515 stock units and rose 19 cents to $4.19, Lasco Financial finished with a loss of 1 cent at $4.99, after exchanging 16,828 units, Lasco Manufacturing settled with a loss of 20 cents at $4 and the trading of 40,386 shares, Stationery and Office closed with a loss of 4 cents at $7.96, with 18,458 units and tTech concluded trading at $6, with 800 shares changing hands. In the junior market preference segment, Eppley 9.5% ended trading at $6, with 479 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place.
Grace, CPJ, Palace & Salada in TOP 10
Jamaican stocks have not had a spectacular year with six months having elapsed so far. The main market grew 6 percent and the Junior Market is up just over 11 percent for the year to date.
Palace Amusement with an increase of 164 percent was the only stock to double in price, C2W Music and Express Catering came close with more than 90 percent gain, while former TOP 10, Stationery and Office Supplies came in with an attractive 63 percent.
With the average PE ratio for Junior Market Top stocks at 6.2 compared to an average PE for the overall main market, of 11, based on 2018 estimated earnings and the main market PE is 7.9 for the top stocks, compared to a market average of 13, suggest that the rest of the year should deliver better returns than the first half. The sharp reduction in Bank of Jamaica policy rate to an unprecedented 2 percent and Treasury bill interest rates to record lows of 2.5 percent, is set to push stocks values much higher unless profits for most of the listed companies were to fall. A factor that is at play that is not known to the vast majority of investors, is the lack of supply for many stocks. 
The shortage of supply is set to result in a big rise in prices going forward before supplies will be able to satisfy what is likely to be a rising demand.
Out of the top lists are JMMB Group that rose by week end while Jamaica Broilers earnings was downgraded to $2 per share based on lower 2018 results from ongoing business operation and Pulse inched up in price to be squeezed out of the main market list. Stationery and Office Supplies slipped off the Junior Market list after Caribbean Producers just got squeezed in, with the price slipping to $5.10. Grace Kennedy, Palace Amusement and Salada Foods return to the top list with the latter price falling from $14.25 at the close of the previous week to $11.70 now. Importantly, Palace implemented price increases mainly between 4.8 and just over 8 percent for the movies, effective at the start of July, this resulted in projected earnings for 2019 now put at $150 per share, up from $140 at our last revision.
On Friday, prospectuses for Stanley Motta and Mayberry Jamaican Equity were published. These issues are not priced to bounce based on the underlying nature of these companies. Stanley Motta is a real estate play that will provide income that is better than most fixed interest securities with growth moderate going forward, while Mayberry is a close end mutual fund that growth is going to depend of appreciation in the investments held or to be acquired.
IC Insider.com’s TOP 10 stocks now trade at an average discount of 45 percent to the average for the Junior Market Top stocks but it’s a third of what the average PE for the year is likely to be of 20 times earnings and main market stocks traded at a discount of 39 percent to the market.
Stocks to Watch The stock closed without an offer at the close of the week. NCB Financial, PanJam Investment could move higher again this week as there continues to be buying but there is very limited supply of the stock on offer. 
Radio Jamaica that came for increased buying in the past week could get more attention with the network broadcasting the popular world cup matches as adverting revenues should climb as a result from the coverage. Others worth watching include Caribbean Cement, Berger Paints with little selling, Grace Kennedy for which there is also limited supply and Pulse Investments that traded a large volume on Wednesday and Thursday with the price shooting to $2.28 before pulling back on Friday. In the Junior market, demand for Derrimon Trading closed the week at a new high, during the past week and seems poised to move higher. Stationery and Office Supplies settled down during the week is set to rebound soon as selling around the $8 level starts to ease. Jamaican Teas pulled back in the past week to $5.50 but with limited stocks being offered for sale, it is worth watching.
Trading picks up on Junior Market – Friday
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Volume surged on the Junior Market, on Friday with 4,873,191 units valued at $15,916,560 changing hands, with GWest trading almost 3.6 million units valued at $9.6 million.
The day’s trading saw a 212 percent rise in the volume and 165 percent increase in the value over the 1,563,696 units valued at $6,095,052 traded on Thursday.
Market activity resulted in 24 securities changing hands, leading to the prices of 5 advancing, 11 declining and 8 remaining unchanged compared to 22 securities trading on Tuesday. The Junior Market Index slipped just 0.74 points to close at 3,037.56.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows 7 stocks ending with bids higher than their last selling prices and 2 with lower offers.
Trading ended with an average of 203,050 units for an average of $663,190 in contrast to 91,982 units for an average of $358,532 on Thursday. The average volume and value for the month to date, amounts to 139,543 units valued at $671,002 and previously 136,164 units valued at 671,284. May closed with an average of 217,589 units, valued at $1,322,452 for each security traded.
At the close of trading, AMG Packaging suffered a loss of 10 cents to end at $2, with 42,000 stock units trading, Caribbean Cream dropped 87 cents to $4.63, with 29,345 shares changing hands, Caribbean Producers traded down 10 cents to $5.10, with 26,000 stock units, Derrimon Trading ended at a new high by rising by $1.70 to $13.70, with 500 shares, Dolphin Cove concluded trading $1.99 higher at $16.80, with 4,700 shares. Elite Diagnostic finished at $3, with 77,171 stock units trading, Express Catering ended trading 20 cents higher at $7.20, with 37,570 shares, FosRich Group traded with a loss of 1 cent at $2.99, in exchanging 42,123 shares, General Accident lost 3 cents to end at $2.98, with 41,000 shares. 
GWest Corporation jumped 50 cents higher to $3, with 3,562,554 stock units, Honey Bun ended at $5.20, trading just 100 units, Iron Rock concluded trading at $3, with 528,900 shares, ISP Finance finished with a loss of 2 cents at $15, after trading 9,000 shares. Jamaican Teas settled at $5.50, with 1,000 shares, Jetcon Corporation ended trading at $4.06, with 90,000 stock units, Key Insurance traded at $4, with 148 units, Knutsford Express closed with a loss of 1 cent at $12.50, trading 58,719 shares. Lasco Distributors ended at $4, after shedding 10 cents exchanging 41,764 shares, Lasco Financial concluded trading of 6,941 stock units and fell 11 cents to $4.89, Lasco Manufacturing declined 30 cents to close at $3.90, with 26,900 units, Medical Disposables fell 17 cents to $5, with 500 shares, Stationery and Office finished trading 78,256 stock units at $8 and tTech ended at $6, with 8,000 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place.
Everything Fresh finds some support
A report that Everything Fresh is negotiating to acquire an unnamed company seems to have provided some support for the stocks on the Junior Market on Wednesday. The price gained 5 cents to close at $2.15 with 52,600 shares traded.
By the close of the market, trading levels fell back from the to just 654,195 units valued at $2,886,318 compared to 1,970,213 units valued at $9,973,911 on Tuesday.
Market activity resulted in 22 securities changing hands, leading to the prices of 9 advancing, 9 declining and 4 remaining unchanged compared to 27 securities trading on Tuesday. The Junior Market Index declined by 7.80 points to close at 3,032.28.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows 4 stocks ending with bids higher than their last selling prices and 3 with lower offers.
Trading ended with an average of 29,736 units for an average of $131,196 in contrast to 72,971 units for an average of $369,404 on Tuesday. The average volume and value for the month to date, amounts to 137,894 units valued at $683,354 and previously 143,670 units valued at $713,028. May closed with an average of 217,589 units, valued at $1,322,452 for each security traded.
At the close of the market, Access Financial closed with a loss of $1 at $51, with 1,210 shares, Blue Power concluded trading with a loss of $2 at $50, with 120 units, Caribbean Cream ended trading 87 cents higher at $5.50, with 4,000 shares changing hands, Caribbean Producers finished trading at $5, with 945 units, Consolidated Bakeries closed at $2.10, with 23,800 shares. Dolphin Cove finished with a loss of 19 cents at $14.81, exchanging 21,281 stock units, Elite Diagnostic rose 5 cents to $3.10, with 97,600 units, Express Catering traded 20 cents higher at $7, trading 7,700 shares, FosRich Group finished market activity 25 cents higher at $3, trading 30,000 shares. 
General Accident closed at $3.01, with 36,278 stock units, Honey Bun concluded trading with a loss of 2 cents at $5.18, after exchanging 2,000 shares, Iron Rock finished 5 cents higher at $3, with 10,000 shares, Jamaican Teas ended trading with a loss of 30 cents at $5.50, with 12,600 stock units. Jetcon Corporation traded with a loss of 6 cents at $3.99, with 20,634 units, Knutsford Express ended with a loss of 19 cents at $12.51, as 1,750 shares traded, Lasco Distributors rose 10 cents to $4.20, with 32,350 stock units, Lasco Financial finished with a loss of 2 cents at $4.98, trading 62,057 units. Lasco Manufacturing settled 20 cents higher at $4.20, with 201,080 shares, Main Event lost 4 cents to close at $6.16, with 4,464 shares, Medical Disposables traded 17 cents higher at $5.17, with 4,850 shares and Stationery and Office closed at $8, with 26,876 units changing hands.
Prices of securities trading for the day are those at which the last trade took place.
Everything Fresh drops to $2
Access Financial jumps $6.50 on Tuesday.
Everything Fresh that went public in May at $2.50, traded at a low of $2 on the Junior Market on Tuesday but closed 37 cents down at $2.10 with 319,746 shares traded.
By the close of the market, trading levels rose on Tuesday, ending at 1,970,213 units valued at $9,973,911 compared to 1,012,130 units valued at $4,392,627 on Monday.
Market activity resulted in 27 securities changing hands, leading to the prices of 8 advancing, 11 declining and 8 remaining unchanged compared to 27 securities trading on Monday. The Junior Market Index declined by 14.40 points to close at 3,040.08 even as Access Financial jumped $6.50 and Blue Power rose another $2 to be up 82 percent since announcing a possible stock split.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows 4 stocks ending with bids higher than their last selling prices and 3 with lower offers.
Trading ended with an average of 72,971 units for an average of $369,404 in contrast to 37,486 units for an average of $162,690 on Monday. The average volume and value for the month to date, amounts to 143,670 units valued at $713,028 and previously 148,628 units valued at $737,126. May closed with an average of 217,589 units, valued at $1,322,452 for each security traded.
At the close of the market, Access Financial jumped $6.50 to close at $52, in trading 933 shares, Blue Power concluded trading with a rise of $2 to end at $52, after exchanging 14,041 units, Cargo Handlers settled at $10, with 4,500 shares, Caribbean Cream ended trading at a loss of 87 cents to $4.63, with 21,088 shares changing hands, Caribbean Producers finished trading with 1,006,000 units at $5. Consolidated Bakeries closed 10 cents higher at $2.10, with 33,083 shares, C2W Music traded at an intraday 52 weeks’ high of 80 cents and ended at $0.59, with 4,500 shares, Dolphin Cove finished with a loss of $1 at $15, trading 20,017 stock units, Elite Diagnostic fell 1 cent to $3.05, with 77,077 units. Eppley ended trading with a loss of $1.50 to close at a 52 weeks’ low of at $8, with an exchange of 45,675 shares, Express Catering traded with a loss of 45 cents at $6.80 and 48,212 shares changing hands, FosRich Group finished trading with a loss of 25 cents at $2.75, after exchanging 32,021 shares, 
General Accident closed at $3.01, with 5,222 stock units. Honey Bun concluded trading 20 cents higher at $5.20, with 62,420 shares, Jamaican Teas ended with a loss of 12 cents at $5.80, trading 8,665 stock units, Jetcon Corporation fell 5 cents to $4.05, with 33,000 units, Key Insurance finished trading at $4, with 13,000 shares. KLE Group closed 10 cents higher at $2.80, with 10,000 shares, Knutsford Express ended at $12.70, with 3,921 shares, Lasco Distributors concluded trading 10 cents higher at $4.10, with 13,681 stock units changing hands, Lasco Financial finished with a loss of 20 cents at $5, trading 13,255 units. Lasco Manufacturing settled at $4, with 14,336 shares, Main Event ended trading with a loss of 41 cents at $6.20, after exchanging 11,579 shares, Paramount Trading finished trading 5 cents higher at $3, with 40,430 stock units, Stationery and Office closed at $8, with 113,611 units and tTech concluded trading 70 cents higher at $6, with 200 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place.
