Trading on the Junior Market closed on Thursday with the market making a slight gain as investors exchanged 59 percent more stocks, with 88 percent greater value than on Wednesday, leading the Market Index to hang on to a rise of just 1.65 points to settle at 3,346.36, but new results posted after the close of the market and other positive sentiments could push some prices sharply high on Friday.
The market closed with three stocks ending at 52 weeks highs, helped by good news and shortage of supply of stocks for sale. One technical indicator shows the market sitting at the top of a channel or resistance. Release of results after the market closed, of some companies and a few others that were released before, could power the market into breaking through the resistance level and place the market in a position to the 4,000 points level. The PE Ratio based on ICInsider.com’s forecast of 2021-22 earnings averaging 12.3.
Similar to Wednesday, 35 securities traded, with the prices of 15 rising, 16 declining and four remaining unchanged as 19,570,020 shares traded for $54,174,348, up from 12,309,102 units at $28,788,289 on Wednesday.
Jamaican Teas led trading with 34.3 percent of total volume after exchanging 6.71 million shares, followed by Future Energy Source, 27 percent, with 5.30 million units and Lumber Depot with 20 percent after an exchange of 3.92 million units.
Trading ended with an average of 559,143 units at $1,547,839 up from 351,689 at $822,523 on Wednesday and for the month to date an average of 357,873 units at $865,988, compared to 334,624 units at $787,227 on Wednesday. April closed with an average of 329,241 units at $854,716.
Investor’s Choice bid-offer indicator reading shows seven stocks ended with bids higher than their last selling prices and five with lower offers. The market seems to end trading with a slight negative bias.
At the close, Access Financial advanced 35 cents to $22.15 with an exchange of 20 shares, Blue Power rose 11 cents to $3.50 with 4,500 units changing hands, Caribbean Cream fell 42 cents to $5.61 with 14,220 units passing through the market. Caribbean Flavours lost 5 cents to close at $2.35 with 226,710 stock units traded, Caribbean Producers rose 7 cents to $3.80 with a transfer of 569,828 shares, Elite Diagnostic dropped 21 cents to $2.92 with a transfer of 57,996 units. Everything Fresh increased by 6 cents to close at $1.10 with an exchange of 1,000 stocks, Express Catering slipped 5 cents to $5.93 with 33,517 shares changing hands, Fontana fell 19 cents to $5.86 with 333,258 units passing through the market. Fosrich slipped 6 cents to $8 with 108,982 stock units traded, General Accident shed 35 cents to settle at $5.91 with investors switching ownership of 6,375 shares, GWest Corporation rose 5 cents to 84 cents with a transfer of 111,000 stocks.
Honey Bun dropped 16 cents to $6 with an exchange of 55,902 units, iCreate gained 6 cents to close at 80 cents with 16,558 stock units passing through the market, Indies Pharma fell 25 cents to $4 with 387,501 shares traded. Jamaican Teas fell 30 cents to settle at $3.50 after 6,713,850 units changed hands, KLE Group lost 9 cents to finish at $1.21 with 600 stocks crossing the exchange, Lasco Distributors declined by 25 cents to $4.07 with 145,965 stock units traded. Lasco Financial climbed 61 cents to 52 weeks high of $4 with a transfer of 55,209 shares, Limners and Bards rose 6 cents to $2.98 with investors switching ownership of 252,216 units, Lumber Depot advanced 21 cents to a 52 weeks’ high of $3.01 with an exchange of 3,917,606 units. Mailpac Group lost 5 cents to close at $3.95 with 317,577 stock units changing hands, Medical Disposables dropped 75 cents to $4.25 with 10,895 stocks passing through the market, Stationery and Office Supplies jumped $1.01 to settle at a 52 weeks’ high of $7.01 with 24,878 units traded and tTech advanced 9 cents to $5.99 with 8,461 shares crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Investor’s Choice bid-offer indicator shows three stocks ending, with the bids higher than their last selling prices and two with lower offers.
Lasco Manufacturing lost 8 cents to end at $5.10 with an exchange of 37,601 shares. Mailpac Group rose 9 cents to $3.94 with a transfer of 266,768 stock units, Medical Disposables fell 19 cents to close at $5 with the ownership of 64,103 stocks switching, Paramount Trading gained 9 cents to finish at $1.39 with 10,029 units changing hands and Stationery and Office Supplies jumped 48 cents to settle at $6 with 11,290 shares crossing the exchange.
A total of 40 securities traded compared to 39 on Friday, with 13 stocks rising, 19 declining and eight remaining unchanged. The PE Ratio based on ICInsider.com’s forecast of 2021-22 earnings averaged 12.2.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and two with lower offers.
Limners and Bards increased 8 cents to finish at $2.90 with 181,122 stock units changing hands, Mailpac Group rose 5 cents to $3.85 with a transfer of 309,136 units, Main Event advanced 22 cents to $4.87 with 1,323 stocks traded. Medical Disposables fell 9 cents to $5.19 with 102 units passing through the market, Stationery and Office Supplies dropped 93 cents to $5.52 with 5,139 stock units changing hands and tTech lost 28 cents to close at $4.60 with 17,551 shares crossing the exchange.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and four with lower offers.
Iron Rock Insurance lost 10 cents in closing at $3.40 in switching ownership of 14,906 stocks, Lasco Distributors gained 10 cents to end at $4 after exchanging 2,698,308 shares, Lasco Financial lost 10 cents to close at $3.10 in switching ownership of 4,983 stocks, Lasco Manufacturing advanced 40 cents to $5.15 with 50,086 shares changing hands. Limners and Bards picked up 7 cents to end at $2.82 in transferring 159,117 stock units, Mailpac Group rose 14 cents to close at $3.80 in an exchange of 915,184 shares, Main Event lost 14 cents to end at $4.65 with 55,160 shares crossing the exchange and Stationery and Office Supplies advanced 95 cents to $6.45 in trading 24,827 stocks.
Trading ended with 36 securities changing hands compared to 40 on Wednesday, ending with 16 rising, 14 falling and six remaining unchanged. The PE Ratio based on ICInsider.com’s forecast of 2021-22 earnings averages 12.2.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and five with lower offers.
Lasco Manufacturing shed 35 cents to $4.75 with 66,304 shares changing hands, Lumber Depot advanced 14 cents to $2.80 with a transfer of 349,436 stocks, Medical Disposables slipped 8 cents to $5.27 with 300,260 units traded. SSL Venture rose 7 cents to 65 cents with investors switching ownership of 5,700 stock units, Stationery and Office Supplies fell 11 cents to $5.50 with 19,767 stocks changing hands and tTech gained 10 cents to close at $5, with the 3,959 shares crossing the exchange.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and one with a lower offer.
ISP Finance jumped $3.99 to $23.99 with a transfer of 80 units, Knutsford Express declined by 20 cents to $8.40 with 9,545 stock units passing through the market. Lasco Financial advanced 40 cents to finish at a 52 weeks’ high of $3.39, with 103,425 shares changing hands, Lasco Manufacturing slipped 5 cents to $5.10 with an exchange of 101,483 stocks, Lumber Depot lost 6 cents to close at $2.66 with a transfer of 1,075,496 units. Main Event jumped 73 cents to $4.77 with 17,125 shares traded, Medical Disposables fell 13 cents to $5.35 with 2,778 stocks passing through the market, SSL Venture declined by 7 cents to 58 cents with 1 unit changing hands. Stationery and Office Supplies dropped 69 cents to $5.61 with 200 stock units traded and Tropical Battery lost 5 cents to close at $1.15 with 87,376 shares crossing the exchange.
At the close, Access Financial fell $2.29 to $20.06 after trading 210 stocks, Caribbean Cream rose 53 cents to $6.15 with 3,178 shares crossing the exchange, Consolidated Bakeries climbed 13 cents to $1.65 in trading 800 units, Elite Diagnostic rose 6 cents to $3.12 in exchanging 2,100 stocks. Everything Fresh gained 5 cents to finish at $1.15 in switching ownership of 9,398 shares, Express Catering rose 4 cents to $4.54 in the swapping of 400 stocks, Fontana lost 15 cents to settle at $5.80 with an exchange of 122,883 shares. Fosrich shed 45 cents to close at $7 in a transfer of 140,661 stock units, Honey Bun ended 10 cents higher at $6.05 in switching ownership of 315,886 units. Iron Rock Insurance gained 33 cents to close at $3.35 in an exchange of 6,850 stock units, Jamaican Teas lost 9 cents in ending at $4.10 in transferring 1,174,452 shares. Lasco Distributors ended 7 cents lower at $3.90 after 34,210 shares cleared the market. Lasco Financial gained 9 cents to close at a 52 weeks’ high of $3.19 in trading 184,496 stock units, Lasco Manufacturing lost 19 cents to finish at $5.01 with 10,348 stocks changing hands, Lumber Depot fell 4 cents to end at $2.90 in the swapping of 387,689 units. 
Mailpac Group rose 16 cents to $3.76 with an exchange of 1,049,783 shares, Medical Disposables advanced $1.12 to $5.55 with the transfer of 92,026 units, Paramount Trading advanced 4 cents to close at $1.35 after exchanging 1,540 stocks. SSL Venture advanced 4 cents to 69 cents after 1,200 stock units changed hands, Stationery and Office Supplies rose 59 cents to $6.30 in exchange of 174 units and tTech advanced 32 cents to $4.90 with the swapping of 120,000 stock units.
Trading averaged 1,053,952 units at $3,445,628 in contrast to 384,151 at $562,530 on Thursday. Trading month to date averaged 329,241 units at $854,716, compared to 287,738 units at $706,338 on Thursday. March closed with an average of 252,633 units at $733,196.
Jetcon Corporation lost 5 cents at 85 cents with a transfer of 1,000 shares, Knutsford Express shed 17 cents to end at $8.60 with investors switching ownership of 42,421 stocks, Limners and Bards ended 8 cents higher at $2.80 with an exchange of 153,020 shares, Lumber Depot gained 14 cents to close at a record high of $2.94 in trading 1,161,602 shares. Main Event declined 70 cents to end at $3.50 with 30,502,293 units changing hands, Medical Disposables rose 24 cents to close at $4.43 trading 2,123 units and tTech gained 8 cents to end at $4.58 in switching ownership of 200 stocks.
Fesco led trading with 77.5 percent of total volume after an exchange of 10.12 million shares and was followed by 
Trading averaged 384,151 units $562,530 compared to 450,273 at $951,624 on Wednesday. Trading month to date averaged 287,738 units at $706,338, compared to 282,671 units at $713,895 on Wednesday. March averaged 252,633 units at $733,196.
Limners and Bards slipped 8 cents to $2.72 with 114,579 units traded, Lumber Depot advanced 22 cents to a record close of $2.80 with an exchange of 674,611 stocks, Mailpac Group gained by 11 cents to settle at $3.61 with 563,991 shares passing through the market. Main Event fell 50 cents to finish at $4.20 with 21,073 units changing hands, Paramount Trading fell 9 cents to $1.31 with a transfer of 23,100 stock units and Stationery and Office Supplies shed 67 cents to close at $5.70 with 1,035 shares crossing the exchange.
Following Fesco’s lead, Lasco Manufacturing chipped in with 1.79 million shares accounting for 10.7 percent of the day’s trade. Jamaican Teas garnered a 9.5 percent market share, with a transfer of 1.58 million units as the stock hit a record high ahead of second quarter results due in May and Tropical Battery ended with 1.45 million units changing hands, for 8.7 percent of the market.
The Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and three with lower offers.
Lasco Distributors increased 14 cents to $3.99 with a transfer of 34,686 stocks, Lasco Financial rose 9 cents to $2.99 with 8,711 shares passing through the market, Lasco Manufacturing dropped 45 cents to $4.80 with an exchange of 1,788,059 stock units. Lumber Depot gained 8 cents to close at $2.58 with investors switching ownership of 375,943 units, Main Event advanced 60 cents to settle at $4.70 with 3,000 stocks changing hands, SSL Venture rose 7 cents to 62 cents with 150,285 stock units traded. Stationery and Office Supplies jumped 77 cents to finish at $6.37 with a transfer of 33,573 units and tTech fell 10 cents to $4.50 with 510 shares crossing the exchange.
