Third fall day for Junior Market

Rising stocks beat out those declining by 15 to 11, with eight closing unchanged as 34 securities traded, up from 33 on Wednesday, with the volume and value of stocks trading slipping marginally on Thursday on the Junior Market of the Jamaica Stock Exchange.
The Junior Market Index fell for a third day, with a loss of 20.85 points to close at 3,221.63. The PE Ratio, a measure used to compute appropriate stock values, averages 12.1 based on ICInsider.com’s 2021-22 earnings forecast.
Trading pulled in 3,546,854 shares at $10,614,625 compared to 3,663,127 units at $11,641,559 on Wednesday. Future Energy Source accounted for 39.6 percent of total volume to lead trading with 1.40 million shares followed by Jamaican Teas 465,277 units with 13.1 percent and Limners and Bards 12.4 percent with 438,846 stock units.
Trading averaged 104,319 units at $312,195 in contrast to 111,004 at $352,775 on Wednesday and month to date, an average of 213,117 units at $613,315 compared to 222,342 units at $638,846 on Wednesday. August closed with an average of 464,471 units at $1,258,652.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Blue Power popped 31 cents to $3.31, trading 17 units, Caribbean Assurance Brokers rallied 10 cents to end at $1.75 while exchanging 1,000 stock units, Express Catering declined 41 cents to end at $4.49, with 23,614 stock units clearing the market. Fontana popped 15 cents to $6.18 with an exchange of 65,773 shares, Future Energy Source rose 4 cents to $2.43, with 1,402,858 shares crossing the market, GWest Corporation shed 19 cents to close at 95 cents, with 5,000 shares changing hands. Jamaican Teas rose 10 cents to end at $3.70 after trading 465,277 stocks. Jetcon Corporation shed 6 to close at 94 cents after exchanging 295,183 units, Lumber Depot rose 13 cents to $2.93 in trading 331,498 stock units, Mailpac Group dropped 10 cents to $3.52 in switching ownership of 98,002 shares, Main Event dived 44 cents to $3.76 after exchanging 3,395 shares. Medical Disposables increased 33 cents to $4.94 after exchanging 4,030 stock units, Stationery and Office Supplies climbed 10 cents to $5.91 in an exchange of 4,000 stocks and tTech declined 42 cents to $4.20 after trading 2,731 stocks.

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

Junior Market slips again

The volume of stocks traded dropped 54 percent on Wednesday below Tuesday level, with the value of stocks traded falling 57 percent, leading to a fall in the Junior Market of the Jamaica Stock Exchange index.
Market activity led to 33 securities trading compared to 35 on Tuesday, with nine rising, 15 declining and nine closing unchanged.
At the close, the Junior Market Index shed 20.50 points to settle at 3,242.48. The PE Ratio, a measure used to compute appropriate stock values, averages 11.3 based on ICInsider.com’s 2021-22 earnings forecast.
A total of 3,663,127 shares changed hands for $11,641,559 compared to 8,565,841 units at $25,324,572 on Tuesday. Lumber Depot led trading with 44.4 percent of total volume after trading 1.63 million shares, followed by Jamaican Teas 19.9 percent with 728,146 units and Future Energy Source 14.1, with 516,351 shares.
Trading averaged 111,004 units at $352,775 in contrast to 244,738 shares at $723,559 on Tuesday and month to date, an average of 222,342 units at $638,846, compared to 232,326 units at $664,500 on Tuesday. August closed with an average of 464,471 units at $1,258,652.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and five with lower offers.
At the close, Blue Power declined 30 cents to $3, trading 12 shares, Cargo Handlers shed 55 cents to end at $7 with the swapping of 1,221 stock units. Caribbean Assurance Brokers fell 10 cents to $1.65 trading 19,294 stocks, Express Catering rallied 10 cents to $4.90 after exchanging 500 units. Fontana fell 57 cents in closing at $6.03, with 126,041 stock units clearing the market, Future Energy Source dropped 5 cents to $2.39, with 516,351 shares changing hands. Honey Bun increased 35 cents to $9 in exchanging 12,380 stock units, Indies Pharma declined 22 cents to $3.17 while exchanging 1,012 stocks, ISP Finance spiked $6.10 to $23.50 trading 259 units. Jetcon Corporation gained 4 cents to close at $1 after exchanging 173 units, Lasco Distributors advanced 4 cents to $3.85 with 534 stock units changing hands. Limners and Bards climbed 25 cents to a 52 weeks’ high of $4, trading 309,877 units. Lumber Depot rose 5 cents to close at $2.80, with 1,628,060 shares crossing the market and Stationery and Office Supplies shed $1.14 in ending at $5.81, with 10,610 units crossing the market.
In the preference segmentCAC 2000 9.5% preference share declined 10 cents to 90 cents after trading 1,006 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Junior Market slips Wednesday

Trading picked up over Tuesday’s levels at the close of the Junior Market on Wednesday, with 51 percent more stocks changing hands, with 9 percent greater value than on Tuesday and the market slipping modestly below Tuesday’s close.
Market activity led to 40 securities trading compared to 36 on Tuesday and ended with 12 rising, 13 declining and 15 closing unchanged, leading to the Junior Market Index slipping 2.42 points to 3,281.81. The PE Ratio, a measure used to compute appropriate stock values, averages 11.3 based on ICInsider.com’s 2021-22 earnings forecast.
Trading ended with 6,132,229 shares changing hands for $14,766,906 compared to 4,072,561 units at $13,535,342 on Tuesday. Future Energy Source led trading with 33.2 percent of total volume after exchanging 2.04 million shares, followed by Lumber Depot 16.8 percent with 1.03 million units and CAC 2000 9.5% preference shares with 16.3 percent after an exchange of 1.0 million units.
Trading averaged 153,306 units at $369,173 in contrast to 113,127 at $375,982 on Tuesday and month to date an average of 142,840 units at $355,879, versus 140,590 units at $353,021 on Tuesday.August closed with an average of 464,471 units at $1,258,652.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close, Blue Power fell 10 cents to $3 with an exchange of 160,666 shares, CAC 2000 dipped 15 cents to $9.15 with 500 units changing hands, Cargo Handlers rallied 54 cents to $8.15 with 172 stock units traded. Caribbean Assurance Brokers slipped 5 cents to close at a 52 weeks’ low of $1.60 with investors switching ownership of 96,876 stocks, Caribbean Cream lost 19 cents to close at $6.10 with a transfer of 53,979 shares, Dolphin Cove declined by 5 cents to $10.20 with an exchange of 3,006 stock units. Elite Diagnostic rose 6 cents to $3.07 with 70 units changing hands, Express Catering shed 30 cents to settle at $5.20 with 14,153 stocks traded, General Accident popped 10 cents to $5.45 with 4,055 shares passing through the market. Honey Bun rose 5 cents to $8.55 with a transfer of 59,488 stock units, iCreate slipped 5 cents to 80 cents with an exchange of 229,367 stocks, Indies Pharma spiked 5 cents to $3.50 with 9,791 units changing hands. Knutsford Express lost 10 cents to close at $6.90 with 2,027 shares traded, Lasco Manufacturing dropped 14 cents to $4.85, with investors switching ownership of 9,651 stocks, Limners and Bards increased by 10 cents to $3.65 with a transfer of 4,023 units. Lumber Depot rose 7 cents to $3.06, with 1,031,956 stock units changing hands, Medical Disposables shed 57 cents to $4.52, with 40,000 stocks traded and tTech dropped 20 cents to $4.50 with 9,000 shares crossing the exchange.

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

Gains for Junior Market on Tuesday

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Trading closed on Tuesday, with the volume of stocks traded declining 40 percent and the value dropping 11 percent from Monday’s trades, with the Jamaica Stock Exchange Junior Market ending trading on the up that almost recovered Monday’s 31 point loss.
Thirty six securities traded on Tuesday, compared to 38 on Monday, ending with 12 rising, 14 declining and 10 closing unchanged.
At the close, the Junior Market Index spiked 28.14 points to 3,284.23, The PE Ratio, a measure used to compute appropriate stock values, averages 11.4 based on ICInsider.com’s 2021-22 earnings forecast.
Trading ended with 4,072,561 shares changing hands for $13,535,342 compared to 6,820,741 units at $15,123,760 on Monday. Future Energy Source led trading with 30.9 percent of total volume after trading 1.26 million shares, followed by General Accident, 15.4 percent, with 625,475 units and Derrimon Trading with 9.3 percent after an exchange of 377,233 shares.
Trading averaged 113,127 units at $375,982 in contrast to 179,493 at $397,994 on Monday. Trading month to date, averages 140,590 units at $353,021, compared to 147,181 units at $347,510 on Monday. August averaged 464,471 units at $1,258,652.
Investor’s Choice bid-offer indicator shows one stock ending with the bid higher than the last selling price and one with a lower offer.
At the close, Blue Power increased 5 cents to $3.10 after 94,833 shares crossed the market, Caribbean Assurance Brokers fell 10 cents to $1.65 while exchanging 11,534 units. Caribbean Cream rallied 14 cents to $6.29 trading 136,110 stock units, Consolidated Bakeries rose 4 cents to $1.79 after 4,000 stocks swapped ownership, Derrimon Trading declined 4 cents to $2.31 in exchanging 377,233 shares. Dolphin Cove dropped 85 cents to $10.25 in trading 33,465 units, Elite Diagnostic shed 8 cents in ending at $3.01 trading 1,045 stock units, Express Catering declined 22 cents to $5.50 in exchanging 500 shares, Future Energy Source rallied 33 cents to end at $2.41 after exchanging 1,258,359 stock, GWest Corporation gained 8 cents to end at 93 cents in an exchange of 2,000 units. Honey Bun lost 6 cents to close at $8.50, with 32,185 shares changing hands, Jamaican Teas advanced 7 cents to $3.80 with the swapping of 18,324 units. Knutsford Express spiked 14 cents to $7, finishing trading of 6,710 stock units, Lasco Distributors popped 4 cents to $4 in trading 263,992 stock units, Lasco Manufacturing rallied 14 cents to $4.99 in switching ownership of 23,713 shares. Limners and Bards increased 25 cents to $3.55 after 65,048 stocks crossed the exchange, Paramount Trading advanced 14 cents to $1.14 after exchanging 2,973 units and Stationery and Office Supplies lost 50 cents in ending at $6.50 after an exchange of 53,724 shares.

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

More ground ceded by Junior Market – Friday

Stocks suffered a second day of decline to close out the week below the close of August as trading ended on Friday, with the volume of shares changing hands dropped 28 percent and the value falling by 27 percent from Thursday close on the Junior Market on Friday.
Market activity led to 37 securities trading from 38 on Thursday and ended with eight rising, 19 declining and 10, closing unchanged. The Junior Market Index dropped 30.04 points to 3,287.09.
The PE Ratio, that is used to compute appropriate stock values averages 11.3 on Friday, based on ICInsider.com’s 2021-22 earnings forecast.
Trading ended with 4,053,642 shares changing hands for $10,381,943 down from 5,648,917 units at $14,145,296 on Thursday. Future Energy Source led trading with 54.1 percent of total volume after an exchange of 2.19 million shares, followed by Lumber Depot 6.9 percent, with 279,363 units and Jetcon Corporation 6 percent, with 244,099 units.
Trading averaged 109,558 units at $280,593, down from 148,656 at $372,245 on Thursday and average 136,218 units for the month to date at $330,382, compared to 149,370 units at $354,944 on Thursday. August closed with an average of 464,471 units at $1,258,652.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, AMG Packaging rose 5 cents to finish the day at $1.65 with an exchange of 2,136 shares, Caribbean Assurance Brokers slipped 5 cents to $1.75 with 13,539 stocks traded, Caribbean Cream shed 30 cents to end at $5.70 with investors switching ownership of 42 stock units.  Consolidated Bakeries fell 8 cents to end trading at $1.72 with 1,750 shares changing hands, Elite Diagnostic gained 5 cents to close at $3.02 with a transfer of 5,199 units, Everything Fresh lost 7 cents to settle at 90 cents with an exchange of 6,800 stock units. Fontana slipped 6 cents to $5.89 with 126,320 stocks traded, Future Energy Source dropped 15 cents to $2.05 with 2,193,526 shares passing through the market, General Accident fell 16 cents to $5.40 with 30,000 stock units changing hands. Honey Bun rose 5 cents to $9.25 with a transfer of 2,887 stocks, Jetcon Corporation dropped 8 cents to 91 cents with an exchange of 244,099 shares, KLE Group gained 11 cents to end at $1.13 with 5,833 units traded. Knutsford Express shed 98 cents to close at $7 with investors switching ownership of 12,032 stock units, Lasco Distributors declined by 13 cents to $3.70 with 243,244 shares changing hands, Limners and Bards fell 18 cents to $3.32 with a transfer of 104,501 units. Mailpac Group spiked 15 cents to $3.75 with 130,587 stocks traded, Medical Disposables slipped 5 cents to $4.60 with 332 stock units passing through the market, SSL Venture dropped 15 cents to 62 cents with 20,300 units changing hands and tTech advanced 33 cents to $4.70 with 17,151 shares crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Junior Market regains ground – Wednesday

Advancing stocks fell behind rising ones on Wednesday, with the Junior Market index regaining ground with a gain of 24.06 of the 29.31 points lost on Tuesday to close at 3,332.66, with investors exchanging 63 percent fewer shares than on Tuesday, with 70 percent less value.
Market activity led to 37 securities trading compared to 39 on Tuesday and ended with 13 rising, 15 declining and nine closing unchanged.
The PE Ratio, a measure used to compute appropriate stock values, averages 12 based on ICInsider.com’s 2021-22 earnings forecast.
At the close, 5,553,859 shares traded for $12,475,514, down from 14,966,257 units at $42,120,614 on Tuesday.
Future Energy Source led trading with 39.7 percent of total volume after trading 2.21 million shares, followed by AMG Packaging 26.8 percent, with 1.49 million units and Derrimon Trading 8.6 percent with an exchange of 480,338 units.
Trading averaged 150,104 units at $337,176 in contrast to 383,750 at $1,080,016 on Tuesday. August closed with an average of 464,471 units at $1,258,652.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, Access Financial dropped 45 cents to $20.55 with an exchange of 1,011 shares, AMG Packaging rose 6 cents to $1.66 with 1,487,461 stock units traded, Blue Power fell 10 cents to $3.10 with a transfer of 8,599 stocks. Cargo Handlers slipped 5 cents to $8.35 with investors swapping a single unit, Caribbean Flavours lost 7 cents to close at $1.91, with 145,315 shares changing hands, Consolidated Bakeries dropped 10 cents to $1.80, with 4,338 stock units passing through the market.  Fontana declined 5 cents to $5.95 with an exchange of 11,929 stocks, Honey Bun popped 50 cents to $9 with 34,991 units traded, Jetcon Corporation lost 10 cents to close at $1.05 with investors switching ownership of 245,880 shares. KLE Group dropped 13 cents to $1.02 with a transfer of 206 stock units, Lasco Distributors slipped 5 cents to $3.80 with 156,462 stocks changing hands, Lasco Financial rallied 20 cents to $3.19, with 16,043 shares passing through the market. Lasco Manufacturing fell 9 cents to $4.90 with 5,884 stock units traded, Medical Disposables shed 71 cents to end at $4.54 with a transfer of 5,800 stocks, Paramount Trading climbed 19 cents to $1.15, with 7,906 units changing hands and tTech jumped 59 cents to $4.79 with 15,051 shares crossing the exchange.

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

FESCO gains 311% since listing

The Junior Market seems to be rebounding from the summer correction.

Trading closed on the Junior Market on Friday with the market index slipping 3.85 points to 3,358.31, after hitting the over 3,399, just less than half an hour of trading elapsing and ended with an exchange of 53 percent fewer shares, with 63 percent less value than on Thursday, on a day when Future Energy closed at a record high, with a stunning rise of 311 percent since listing early this year.
Market activity led to 36 securities trading down from 38 on Thursday and ended with 13 rising, 16 declining and seven closing unchanged.
At the close, the PE Ratio, a measure used to compute appropriate stock values, averages 11.8 based on ICInsider.com’s 2021-22 earnings forecast.
Trading ended with 7,012,618 shares changing hands for $21,199,184 compared to 15,060,760 units at $57,055,882 on Thursday. Future Energy Source led trading with 45.4 percent of total volume, with 3.18 million shares, followed by Tropical Battery 18.4 percent with 1.29 million units and Lumber Depot with 615,961 units for 8.8 percent market share.
Trading averaged 194,795 units at $588,866, down from 396,336 at $1,501,471 on Thursday and month to date averaging 466,600 units at $1,253,533, compared to 483,100 units at $1,293,883 on Thursday. July averaged 163,918 units at $481,755.
Investor’s Choice bid-offer indicator shows one stock ending with the bid higher than its last selling price and three stocks with lower offers.
At the close, Blue Power rose 10 cents to $3.30 with 14,953 shares traded, Caribbean Cream rallied 67 cents to $5.99 with 50,028 stocks changing hands, Dolphin Cove shed 90 cents to end at $11.60 with an exchange of 10,090 stock units. Elite Diagnostic fell 13 cents to $2.96, with 121,000 units passing through the market, Express Catering dipped 49 cents to $5.51 with a transfer of 8,775 shares, Fontana rose 10 cents to $6.10 with 76,919 stocks traded. Fosrich popped 10 cents to $8.20 with 34,813 stock units changing hands, Future Energy Source advanced 29 cents to a record close of $3.29 with an exchange of 3,182,453 units, to now trade with a PE of 25 times, current fiscal year’s profit. General Accident climbed 25 cents to $5.55 with 2,944 shares passing through the market. Honey Bun jumped $1.04 to $9.14 with 120,903 stocks traded, Indies Pharma spiked 23 cents to $3.59 with 34,404 units changing hands, ISP Finance plunged $7.60 to $17.40, trading just 50 shares. Jetcon Corporation slipped 8 cents to 91 cents with an exchange of 5,000 stocks, Lasco Financial rose 5 cents to $3.15 with 24,731 units passing through the market, Lasco Manufacturing dropped 30 cents to $4.88 with a transfer of 7,982 shares. Lumber Depot fell 8 cents to $2.92 with 615,961 stock units traded, Paramount Trading slipped 7 cents to $1.10 with 153,369 units changing hands, SSL Venture declined 6 cents to 74 cents with investors switching ownership of 14,038 stock units. Stationery and Office Supplies shed 95 cents to settle at $6.50 with a transfer of 192,573 stocks and tTech rallied 39 cents to $4.79 with 7,304 shares crossing the exchange.

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

FESCO drives Junior Market volume – Monday

Trading volume spiked 1,103 percent higher on Monday, over market activity on Friday driven by the heavy trading in the shares of Future Energy Source (FESCO) shares, as investors exchanged 128 million units of the company’s shares that accounted for 93 percent of the day’s volume on the Junior Market on Monday.
Paramount Trading ended, with 3.5 percent of the day’s volume, after an exchange of 4.79 million units and Lumber Depot chipped in with 0.7 percent with an exchange of 1 million units.
Market activity led to 39 securities trading compared to 37 on Friday and ended with 12 rising, 17 declining and 10 closing unchanged. The Junior Market Index inched just 1.87 points higher to end at 3,313.05. The PE Ratio, a measure used to compute appropriate stock values, 11.7 based on ICInsider.com’s 2021-22 earnings forecast.
Trading activity led to an increase in the amount of dollars chasing stocks with an increase of 718 percent over Friday levels after trading of 137,253,606 shares for $312,263,298 compared to 11,413,177 units at $38,157,077 on Friday. Trading averaged 3,519,323 units at $8,006,751 in contrast to 308,464 at $1,031,272 on Friday. Trading month to date averages 526,789 units at $1,358,613, up from 265,110 units at  $777,273 on Friday. July closed with an average of 163,918 units at $481,755.
Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Access Financial declined 9 cents to $20.55 with 2,661 shares changing hands, AMG Packaging advanced 12 cents to $1.66 with an exchange of 223,022 stock units, CAC 2000 slipped 5 cents to $9.25 with the trading of 200 stocks. Caribbean Cream rallied 25 cents to $5.60 with 1,689 shares traded, Dolphin Cove shed 86 cents to close at $9 with a transfer of 625,793 stock units, Everything Fresh lost 9 cents to settle at 90 cents with 12,000 stocks passing through the market. Express Catering fell 15 cents to $6 with an exchange of 75,379 units, Fontana dropped 29 cents to $5.95 with 103,367 shares changing hands, Fosrich lost 7 cents to finish at $8.03 with 7,531 stocks traded. iCreate slipped 7 cents to 78 cents with a transfer of 30,200 units, Iron Rock Insurance declined by 5 cents to $3.05 with investors switching ownership of 30,048 shares, KLE Group rallied 15 cents to $1.10 with an exchange of 123,045 stocks. Lasco Distributors climbed 20 cents to $4 with 600 stock units changing hands, Lasco Manufacturing spiked 25 cents to $5.20 with 22,058 shares traded, Limners and Bards gained 8 cents to close at $3.10 with a transfer of 64,743 stocks. Main Event rose 5 cents to $4.90 with 400 shares passing through the market, Paramount Trading dropped 14 cents to end at a 52 weeks’ closing low of 95 cents with 4,789,438 stocks changing hands, Stationery and Office Supplies popped 75 cents to $6.50 with 544 stock units traded and tTech fell 20 cents to $4.20, with 300 shares crossing the exchange.

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

Greens batter reds on Tuesday

Green arrows outnumbered red arrows on the Jamaica Stock Exchange trading report at the close of trading, with 3 stocks rising for every one declining at the close of the Junior Market on Tuesday with the market index jumped 47.51 points to 3,352.12, as the volume of stocks transferred dropped 69 percent and the value 82 percent less than trading on Monday.
Market activity led to 33 stocks trading, similar to that on Monday and ended, with 20 rising, seven declining and six ending unchanged. The PE Ratio, a measure used to compute appropriate stock values, averages 11.5 based on ICInsider.com’s 2021-22 earnings forecast.
A total of 4,285,931 shares were traded on Tuesday at a cost of  $14,189,500 compared to 13,826,361 units at $78,414,751 on Monday. Mailpac Group led trading with 33 percent of total volume after an exchange of 1.41 million shares, followed by Future Energy Source 24.3 percent with 1.04 million units and Lumber Depot 11.5 percent, with an exchange of 494,046 units.
Trading averaged 129,877 units at $429,985 in contrast to 418,981 at $2,376,205 on Monday. Trading month to date, averages 223,571 units at $741,277, from 233,742 units at $775,069 on Monday. July closed with an average of 163,918 units at $481,755.
Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and five with lower offers.
At the close, AMG Packaging slipped 6 cents to $1.55, with 19,000 shares traded, Blue Power fell 35 cents to $3.10 with an exchange of 3,524 stock units, Cargo Handlers fell 20 cents to $8.30 with 72 units changing hands. Consolidated Bakeries advanced 27 cents to $1.85 with a transfer of 11,621 stocks, even after the company put out mid year results that were worse than the same period in 2020. Derrimon Trading rose 5 cents to $2.43, with 50,620 shares passing through the market, Dolphin Cove spiked $1 to $9.50 with 24,252 stock units traded. Express Catering climbed 35 cents to $6.15 with an exchange of 24,250 stocks, Fontana dropped 28 cents to $5.82 with 60,712 units changing hands, Fosrich  gained 19 cents to close at $8.42 with a transfer of 74,139 shares. Future Energy Source popped 2 cents in closing at a 52 weeks’ high of $1.82 after 1,041,285 shares traded, Honey Bun advanced 20 cents to close at a 52 weeks’ high of $8 with 144,815 units passing through the market, Indies Pharma gained 14 cents to close at $3.64 with 28,071 stock units traded, Iron Rock Insurance climbed 30 cents to $4.19 with an exchange of 20,279 units. Jamaican Teas rose 5 cents to $3.80 with 11,963 shares changing hands, Lasco Financial slipped 5 cents to $3.15 with investors switching ownership of 128,046 units, Mailpac Group added 5 cents to end at $3.75 with a transfer of 1,413,824 shares. Paramount Trading rallied 23 cents to $1.25 with 15,939 stocks traded, SSL Venture rose 9 cents to 80 cents with 28,968 units changing hands and Tropical Battery gained 9 cents to close at $1.30 with 4,330 shares crossing the exchange.

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

Junior Market slippage continues on Wednesday

The Junior Market Index dropped a further 22.00 points for a third consecutive day of decline on Wednesday to settle at 3,302.76 as trading closed, with the volume of stocks exchanged climbing 45 percent over Tuesday’s level, with the value up by 24 percent.  
Market activity led to 33 securities trading compared to 34 on Tuesday and ended with the prices of just eight stocks rising, 14 declining and 11, closing unchanged.
The PE Ratio, a measure used to compute appropriate stock values, averages 12.8 based on ICInsider.com’s 2021-22 earnings forecast.
A total of 13,080,154 shares traded for $40,382,215 compared to 9,034,942 units at $32,570,639 on Tuesday.
Lumber Depot led trading with 78.7 percent of total volume in trading 10.29 million shares followed by Future Energy Source 11.1 percent with 1.46 million units and Tropical Battery 1.4 percent with 178,671 units.
Trading averages 396,368 units at $1,223,703 in contrast to 265,734 at $957,960 on Tuesday. Trading month to date averages, 172,116 units at $504,321, compared to 161,120 units at $469,047 on Tuesday. June trading averaged 225,705 units at $644,459.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and five with lower offers.
At the close, AMG Packaging rose 5 cents to $1.55, with 24,120 shares traded, Everything Fresh popped 6 cents to $1.05 with an exchange of 2,573 units, Express Catering jumped 49 cents to $5.99 with a transfer of 37,700 stock units. Future Energy Source dropped 16 cents to $1.50, with 1,457,121 stocks changing hands, General Accident rallied 47 cents to $5.47 with a transfer of 6,000 shares, Indies Pharma fell 25 cents to $3.50, with 70,689 units passing through the market. Jetcon Corporation slipped 8 cents to $1.31, with 110,000 stocks traded, Knutsford Express shed 49 cents to settle at $7.20, with an exchange of 3,067 shares, Lasco Distributors slipped 5 cents to $3.81 with a transfer of 27,161 units. Lasco Financial rose 5 cents to $3.15 with investors switching ownership of 900 stocks, Lumber Depot fell 10 cents to $3.35, with 10,289,932 shares traded, Main Event climbed 50 cents to $5.30 with a transfer of 1,928 stocks and Medical Disposables slipped 5 cents to $4.55 with 7,560 units crossing the exchange.
In the preference segmentCAC 2000 9.5% dropped 40 cents to close at a 52 weeks’ low of 80 cents, with 38,147 shares changing hands as the yield on the stock climbed to 11%.

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