One day pull back for Junior Market

The Junior Market of the Jamaica Stock Exchange pulled back from the 3,200 index mark that it closed on Thursday to end trading on Friday, with a loss of 20.09 points to end at 3,182.36 after Main Event took over the lead trade from Future Energy that dominated trading for the previous five days.

Main Event ended with the largest trade on Friday,

Trading ended with 39 securities changing hands compared to 34 on Thursday and closed with the prices of 19 stocks rising, 15 declining and five remaining unchanged, in addition, three stocks closed trading at record highs.
At the close, the Junior Market Index dropped 20.09 points to settle at 3,182.36. The PE Ratio, based on ICInsider.com’s forecast of 2021-22 earnings, averages 13.
The market closed with an exchange of 214 percent more shares than on Thursday, ending with 41,104,139 units traded, with a 603 percent increase in value of $134,379,491 compared to 13,061,149 units at $19,126,005 on Thursday. Main Event controlled 74.2 percent of total volume with an exchange of 30.50 million shares followed by Future Energy Source 10.7 percent with 4.4 million units, Jamaican Teas had 4.1 percent, with 1.68 million units, Lumber Depot chipped in with 2.8 percent for 1.16 million units and Lasco Manufacturing held on to 2.5 percent after trading 1.03 million.
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.
Investor’s Choice bid-offer indicator reading shows five stocks ending with bids higher than their last selling prices and none with lower offers.
At the close, Access Financial gained 35 cents to end at $22.35 after exchanging 45,213 shares, CAC 2000 rose 50 cents to $10 with 120 sock units crossing the exchange. Caribbean Assurance Brokers picked up 5 cents to close at $2.05 in the trading of 1,250 stocks, Caribbean Cream shed 57 cents to end at $5.62 with the swapping of 8,511 units. Caribbean Flavours lost 12 cents to finish at $2.25 after a transfer of 31,000 shares, Caribbean Producers gained 10 cents to close at $3.95 with the swapping of 63,740 units, Consolidated Bakeries fell 18 cents to $1.52 with 3,874 stocks clearing the market. Elite Diagnostic ended 6 cents lower at $3.06 after an exchange of 19,739 stock units, Express Catering gained 15 cents to close at $4.50 with 11,650 shares crossing the market, Fosrich rose 42 cents to a record close of $7.45 in the swapping of 92,908 units, Honey Bun rose 66 cents to $5.95 after clearing the market of 77,858 units. Jamaican Teas gained 29 cents to close at a record high of $4.19 in an exchange of 1,676,714 units. 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.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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