Trading jumps for Junior market

Trading on the Junior Market of the Jamaica Stock Exchange closed on Friday with 30 securities changing hands, resulting in an exchange of 13,086,482 units valued at $78,746,137 compared to 1,796,789 units valued at $5,251,681 from 36 stocks on Thursday.
At the close of market activities, the prices of 13 securities advanced, 11 declined and 6 remained unchanged and the Junior Market Index advanced by 15.20 points to close at 3,285.36. The market’s average PE Ratio ended the day at 14 earnings for 2019.
Trading ended with an average of 436,216 units at $2,624,871 for each security traded, in contrast to 49,911 units for an average of $145,880 on Thursday. The average volume and value for the month to date amounts to units 208,070 valued at $883,944 and previously 168,507 valued at $582,049. In contrast, December closed with an average of 521,319 shares at $1,344,719 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows seven stocks ended with bids higher than their last selling prices and two with a lower offer.
At the close of the market, Blue Power fell 50 cents in trading of 225 units at $5, Cargo Handlers closed trading of 267 units and gained 44 cents to end at $9.50, Caribbean Cream traded 3,300 units and gained 18 cents to end at $4. Caribbean Producers climbed 20 cents and exchanged 1,250 shares at $5, Consolidated Bakeries closed 1 cent higher at $1.69, with 7,000 stock units trading, Dolphin Cove rose 10 cents in trading 5,100 shares at $10.80, Elite Diagnostic ended with a loss of 1 cent at $4.88 with 110,409 stock units changing hands. Fontana dropped 40 cents in trading of 10,229,096 units at $6.60, Fosrich declined by 3 cents to settle at $4.37 after 179,926 units crossed the exchange, General Accident closed 28 cents higher at $6.45, after trading 2,600 stock units, GWest Corporation exchanged 33,829 units and gained 6 cents to end at $1.25. Honey Bun inched 1 cent higher in exchanging 3,407 shares at $8.10, iCreate ended trading with 35,633 shares, rising 4 cents to end at 75 cents, Jamaican Teas lost 10 cents transferring 134,205 units at $7.40, Jetcon Corporation fell 5 cents to end at $1.70, in swapping 15,716 shares. KLE Group closed trading of 203,552 units and gained 30 cents to end at $2, Lasco Distributors lost 19 cents with 34,425 shares changing hands to close at $3.06, Lasco Financial closed with a loss of 13 cents at $4.27, after swapping of 74,300 shares. Lasco Manufacturing fell 16 cents trading of 9,790 units at $4.50, Limners and Bards ended trading of 91,316 shares, after rising 10 cents to $3, Mailpac Group exchanged 630,031 units and gained 9 cents to end at $2.14, Paramount Trading shed 4 cents in transferring 82,000 units at $1.75. SSL Venture closed trading of 97,949 units and gained 6 cents to end at $1.31 and Stationery and Office Supplies declined 45 cents with 15,690 units trading at $10.50.

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

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