Junior Market stocks are out of the blocks at a torrid pace in January with a rise of 5 percent in January at an annualized pace of 60 percent that could take the market to a record high by year-end of 4,200 points and would confirm the highly bullish technical signal for the market since late 2020.
Trading ended with 36 securities changing hands, down from 39 on Thursday with prices of 19 rising, 13 declining and four remaining unchanged.
The Market Index rose 38.63 points to close at 2,774.17 and is up 130.79 points for the month. The average PE Ratio ended at 14.2 based on ICInsider.com’s forecast of 2020-21 earnings.
Traders exchanged 5,251,635 shares valued at $13,479,012, down from 5,759,973 units at $15,204,035 on Thursday.
Derrimon Trading remained the volume leader with 19.3 percent of total volume for 1.02 million shares followed by Tropical Battery with 17.1 percent for 900,187 units and Caribbean Flavours with 16.1 percent of the day’s trade for 847,955 units.
Trading averaged 145,879 units at $374,417 in contrast to 147,692 at $389,847 on Thursday. The month to date averaged 239,435 units at $569,885, compared to 244,500 units at $580,467 on Thursday. December closed with an average of 263,428 units at $638,694.
Investor’s Choice bid-offer indicator reading shows four stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close of the market, Access Financial climbed $2.50 to $23.50, with 39,467 shares crossing the market, CAC 2000 gained 10 cents in ending at $10.60, with 13,672 stock units changing hands. Caribbean Assurance Brokers closed 11 cents lower at $1.75, after switching ownership of 10,200 units, Caribbean Cream lost 20 cents to finish at $4.50, after exchanging 56,249 shares, Caribbean Flavours gained 6 cents in ending at $2.05, in swapping of 847,955 stock units. Caribbean Producers rose 30 cents to finish at $2.70, with an exchange of 18,952 units, Dolphin Cove advanced by $1.20 to $8, after crossing the market with 950 stocks. Elite Diagnostic shed 24 cents to end at $2.75, after exchanging 200 shares, Express Catering slipped 10 cents to close at $3.65, with 4,510 stock units crossing the market, General Accident picked up 30 cents to close at $6.25, after owners switching 9,020 units. iCreate lost 5 cents in closing at 56 cents trading 2,262 stocks, Indies Pharma gained 19 cents ending at $2.79, with 20,370 shares changing hands, Iron Rock Insurance closed 20 cents lower at $3.10 after transferring 100 units. ISP Finance fell by 89 cents to $22, with the swapping of 110 stock units, Jamaican Teas gained 6 cents to finish at $2.88, in exchanging 704,077 shares, 
Knutsford Express ended 15 cents higher at $6.75, after trading 2,147 units, Lasco Distributors lost 8 cents in closing at $3.11, in crossing the market with 126,660 stocks. Lasco Manufacturing shed 5 cents to $3.90 trading 7,821 units. Limners and Bards gained 9 cents to close at $2.75, with a transfer of 635,373 shares, Lumber Depot lost 9 cents to settle at $1.89, with 383,034 stock units clearing the market. Mailpac Group gained 13 cents to end at $3.97 exchanging 359,576 stocks, Paramount Trading gained 5 cents in closing at $1.45, after transferring 54 stock units and Tropical Battery gained 5 cents in ending at $1.15, trading 900,187 shares.
In the preference segment, CAC 2000 9.5% preference share lost 12 cents to close at 99 cents, after clearing the market with 1,532 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
