Massive surge in Junior Market volume

The volume of stocks traded was heavy with a 663 percent surge on Friday, with a 448 percent greater value than on Thursday, resulting from 35 securities trading compared to 37 on Thursday, with 13 rising, 15 declining and seven closing unchanged on the Junior Market of the Jamaica Stock Exchange.
At the close, the Junior Market Index rose 12.12 points to settle at 3,367.03 to be up 39 points for the week as the market seems to be moving steadily away from the downward pull of resistance, just below 3,300. The PE Ratio, a measure that compares the relative value of each stock, averages 13 based on ICInsider.com’s 2021-22 earnings forecast.
Trading ended with 41,113,964 shares changing hands for $73,698,638 well up on the 5,390,213 units at $13,454,101 on Thursday. Caribbean Flavours led trading with 48.6 percent for 20 million shares, followed by Future Energy Source 40.1 percent with 16.47 million units and Indies Pharma with 2 percent of the day’s trade for 816,718 units.
Trading averaged 1,174,685 units at $2,105,675 in contrast to 145,681 at $363,624 on Thursday. Trading month to date averages 244,787 units at $661,267, compared to 177,819 units at $557,252 on Thursday. May closed with an average of 318,089 units at $760,337.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and one with lower offers.
At the close, Blue Power lost 13 cents to end at $3.61 with an exchange of 13,542 shares, Caribbean Cream lost 6 cents to close at $5.94 in trading 18,826 stock units, Caribbean Flavours declined 2 cents to $2.14 with the swapping of 20,001,191 shares. Consolidated Bakeries picked up 5 cents in ending at $1.75 with a transfer of 62,000 units, Elite Diagnostic gained 5 cents to finish at $3 with the swapping of 246,724 stocks. Express Catering shed 35 cents to $6 in switching ownership of 49,301 shares, Fontana lost 19 cents in ending at $6.01 with 33,979 units crossing the market, Future Energy Source advanced 1 cent, ending at a 52 weeks’ high of $1.10 with the swapping of 16,472,703 stock units, Honey Bun closed 29 cents higher at $6.99 after exchanging 16,600 stocks, Indies Pharma rallied 40 cents to $3.59 in exchanging 816,718 units, ISP Finance dived $4.40 in closing at $15.60 with 1,569 stock units crossing the market, Jamaican Teas dipped 7 cents to finish at $3.93, with a transfer of 431,601 shares. Jetcon Corporation fell 13 cents to close at $1.55 with an exchange of 70,197 stock units, Knutsford Express lost 15 cents after ending at $8.75 in trading 20,068 stocks. Lasco Distributors gained 8 cents to close at $4.10 with a transfer of 627,504 shares, Lasco Financial lost 15 cents to end at $3.07 in exchanging 116,562 stocks, Lasco Manufacturing fell 4 cents to $5.41 with 233,487 stock units crossing the market. Lumber Depot gained 10 cents to $3.29 with 509,063 shares changing hands, Stationery and Office Supplies shed 90 cents to close at $7.98 with the swapping of 70,956 stock units and tTech lost 10 cents to end at $4.70 after exchanging 6,072 units.

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

Junior Market recovers ground on Thursday

Stocks delivered another day of advance after regaining just under half the points lost yesterday on the for the Junior Market as trading came to an end on Thursday with prices of 13 stocks rising, 14 declining and 10 ending unchanged after 37 securities traded compared to 36 on Wednesday, after an exchange of 18 percent fewer stocks for 31 percent less the value than on Wednesday.
The Market Index added 15.14 points to close at 3,354.91 after moving up to 3,375.79 within six minutes of the opening.
The PE Ratio, a measure that determines an appropriate relative value of each stock, averaged  12.7 based on ICInsider.com’s 2021-22 earnings forecast.
Trading ended with 5,390,213 shares for $13,454,101 compared to 6,540,530 units at $19,468,768 on Wednesday.
Future Energy Source led trading with 36.9 percent of total volume, and 1.99 million shares, Tropical Battery followed with 11.6 percent or 627,308 units and Mailpac Group 9.6 percent, with an exchange of 518,163 units.
Trading averaged 145,681 units at $363,624 in contrast to 181,681 at $540,799 on Wednesday. The month to date averages 177,819 units at $557,252, compared to 180,468 units at $573,208 on Wednesday. May closed with an average of 318,089 units at $760,337.
Investor’s Choice bid-offer indicator reading shows three stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, Access Financial popped $1.30 to $22.30 trading 1,002 shares, AMG Packaging fell 16 cents to $1.55 with 50 stocks passing through the market, Blue Power climbed 13 cents to close at $3.74 with a transfer of 1,800 units. Caribbean Producers rose 6 cents to a 52 weeks’ high of $4.50 with 114,426 stock units traded, Elite Diagnostic dropped 25 cents to $2.95 with 98,497 shares changing hands, Express Catering climbed 85 cents to $6.35 with an exchange of 164,415 stocks. Fosrich lost 14 cents to close at $8.35 with investors switching ownership of 9,790 units, Indies Pharma dropped 33 cents to $3.19 with a transfer of 210,587 stock units, KLE Group gained 21 cents to end at $1.2 with 4,000 shares traded. Knutsford Express climbed 15 cents to $8.90 with 7,058 units changing hands, Lasco Financial fell 27 cents to $3.22 with an exchange of 504,345 stocks, Limners and Bards advanced 15 cents to $3.15 with investors switching ownership of 49,198 stock units. Lumber Depot fell 11 cents to $3.19 with a transfer of 114,143 shares, Mailpac Group  slipped 8 cents to $3.69 with 518,163 units traded, Main Event lost 20 cents to settle at $5 with 7,723 stocks changing hands.Medical Disposables dropped 40 cents to $4.50 with investors switching ownership of 18,945 stock units and Stationery and Office Supplies spiked 65 cents to $8.88 with 10,016 shares crossing the exchange.

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

Pull back for Junior Market

The Junior Market broke its winning run on Wednesday, wiping out almost 73 percent of the gains made at the start of the week after falling stocks outgunned rising ones two to one leading the Market Index to snap 31.78 points to end at 3,339.77on a day when the level of trading was competitive with the previous day’s, at the close of trading on Wednesday.
Trading occurred in 36 securities down from 39 on Tuesday, with prices of nine stocks rising, 19 declining and eight unchanged.
At the close, the PE Ratio, a measure that determines an appropriate relative value of each stock, averaged 12.8 based on ICInsider.com’s 2021-22 earnings forecast.
Trading ended with 6,540,530 shares for $19,468,768 versus 6,376,210 units at $21,669,433 on Tuesday.
Future Energy Source led trading with 19.7 percent of total volume after exchanging 1.29 million shares, followed by Derrimon Trading, 15.6 percent with an exchange of 1.02 million units and Fontana with 12.7 percent accounting for 827,444 units.
Trading averaged 181,681 units at $540,799 in contrast to 163,493 at $555,626 on Tuesday. Month to date, trading averages 180,468 units at $573,202, compared to 180,362 units at $576,026 on Tuesday. May closed with an average of 318,089 units at $760,337.
Investor’s Choice bid-offer indicator shows no stock ending with the bid higher than the last selling price and three with lower offers.
At the close, Access Financial advanced 44 cents to $21 with a transfer of 613 shares, Blue Power lost 14 cents to end at $3.61 with an exchange of 107,070 units, Caribbean Flavours popped 6 cents to $2.16 with 9,062 stock units changing hands. Caribbean Producers rallied 20 cents to close at a 52 weeks’ high of $4.44 with 163,531 stocks traded, Consolidated Bakeries slipped 7 cents to $1.70 with investors swapping 40,000 shares, Elite Diagnostic rose 20 cents to $3.20 with a transfer of 296 units. Express Catering dipped 10 cents to $5.50 with an exchange of 70,036 stock units, Fontana rose 9 cents to $6.24 after 827,444 stocks changed hands, Indies Pharma dropped 28 cents to $3.52 with 222,978 shares traded. Jetcon Corporation declined by 14 cents to $1.65 with 32,250 units passing through the market, KLE Group fell 22 cents to $1.02 with a transfer of 225,000 stock units, Knutsford Express jumped 75 cents to $8.75 with an exchange of 2,191 shares. Limners and Bards fell 15 cents to $3 with 239,291 units changing hands, Mailpac Group spiked 18 cents to $3.77 with 593,202 stocks traded, Main Event slipped 5 cents to $5.20 with investors switching ownership of 7,685 shares. SSL Venture rose 7 cents to 64 cents with a transfer of 11,998 units, Tropical Battery slipped 10 cents to $1.40 with 431,620 stocks changing hands and tTech shed 65 cents to close at $4.80 with 30,426 shares crossing the exchange.

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

Rally continues for Junior Market on Tuesday

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Trading closed on the Junior Market on Tuesday with the index gaining more ground as it crossed the 3,400 mark for the first time since mid-December 2019, as investors exchanged 39 percent more shares, with a 70 percent increase in value than on Monday as the market continues to be breaking away from the resistance zone that held it back for weeks, with the sight now set on the 4,000 points mark.
Investors ended up trading 39 companies compared to 35 on Monday resulting in prices of 13 rising, 17 declining and nine closing unchanged and sent the prices of four stocks to 52 weeks high, with two of them closing at 52 weeks highs.
The Junior Market Index held on to a gain of 11.18 points to close at 3,371.55, the highest close since January 3 last year.
The PE Ratio, a measure that determines an appropriate relative value of each stock, averaged 12.7 based on ICInsider.com’s 2021-22 earnings forecast.
Investors traded 6,376,210 shares for $21,669,433 versus 4,578,291 units at $12,801,730 on Monday.
Indies Pharma was the volume leader with 23.9 percent for 1.52 million shares,  Future Energy Source followed. with 12.4 percent, with 791,819 units and Jetcon Corporation accounted for 8.3 percent, with an exchange of 526,581 shares.
Trading averaged 163,493 units at $555,626 up from 130,808 shares at $365,764 on Monday. Month to date trading averages 180,362 units at $576,033, versus 182,121 units at $578,161 on Monday. May closed with an average of 318,089 units at $760,337.
Investor’s Choice bid-offer indicator shows one stock ending with the bid higher than its last selling price and two with lower offers.
At the close, Access Financial fell $1.83 to $20.56 trading 26,774 shares, AMG Packaging advanced 19 cents to $1.71 with a transfer of 5,149 stocks, CAC 2000 lost $1.25 to finish at $9.15 with 825 units changing hands. Cargo Handlers fell 25 cents to $8 in exchanging 40,421 stock units, Caribbean Assurance Brokers rallied 7 cents to $2.02 with 1,504 shares passing through the market, Caribbean Cream dipped 20 cents to $6 with 32,051 stocks traded. Caribbean Flavours rose 5 cents to $2.10 with a transfer of 154,302 units, Caribbean Producers advanced 14 cents to a 52 weeks’ closing high of $4.24 with 72,390 stock units changing hands, Express Catering shed 50 cents to settle at $5.60 with an exchange of 47,500 shares after hitting an intraday 52 weeks high of $6.95,  General Accident lost 10 cents to end at $5.70 with investors swapping 119,990 stocks, Honey Bun got spiced up 16 cents to $6.70 with 133,367 units traded, iCreate slipped 7 cents to 80 cents with a transfer of 11,326 stock units. Indies Pharma dropped 35 cents to $3.80 with 1,521,157 shares changing hands, after reporting a sharp fall in their second quarter profit. Jamaican Teas picked up 8 cents to end at $4 with an exchange of 479,657 units, Jetcon Corporation fell 11 cents to $1.79 with 526,581 stocks passing through the market. Knutsford Express declined by 45 cents to $8 with 773 stock units traded, Lasco Distributors climbed 19 cents to $4 with a transfer of 140,313 shares, Lasco Financial lost 10 cents to end at $3.50 with an exchange of 76,876 stocks. Limners and Bards increased by 10 cents to finish at $3.15, with 198,295 units changing hands, Lumber Depot fell 12 cents to $3.33 with investors switching ownership of 87,864 shares, Main Event advanced 25 cents to $5.25 with 37,950 units traded after hitting an intraday 52 weeks’ high of $5.45. Medical Disposables slipped 10 cents to $4.90 with a transfer of 88,203 stock units, Stationery and Office Supplies climbed 23 cents to $8.23 with 6,802 units changing hands and Tropical Battery rose 5 cents to close at 52 weeks’ high of $1.50, with 283,760 shares crossing the exchange.

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

Strong comeback for Junior Market on Monday

After pulling back on to close off the week on Friday, prices moved mostly higher on Monday, leading the Junior Market Index to spike 32.53 points to close at 3,360.37 after the market opened with the index at just over 3,376 points and closed at the highest level since January 2 last year, with the market breaking through the line of resistance.
A total of  35 securities traded, up from 33 on Friday, with prices of 15 rising, 10 declining and 10 ending unchanged, with four stocks closing at 52 weeks’ highs.
At the close, the PE Ratio, a measure that determines an appropriate relative value of each stock, averages 13 based on ICInsider.com’s computation of 2021-22 earnings forecast.
Trading of 4,578,291 shares resulted in  a sum of  $12,801,730 changing hands versus 4,452,883 units at $13,124,211 on Friday.
Future Energy Source led trading with 20.2 percent of total volume in trading 923,670 shares, followed by Tropical Battery 18 percent, with 825,416 units and Jamaican Teas with 13.2 percent after an exchange of 602,315 stock units.
Trading on Monday, averaged  130,808 units at $365,764 down from 134,936 at $397,703 on Friday. For the Month to date, trading averages 182,121 units at $578,161, down from 187,419 units at $600,090 on Friday. May closed with an average of 318,089 units at $760,337.

Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and six with lower offers.
At the close, AMG Packaging fell 15 cents to $1.52 with 49,755 shares changing hands, Caribbean Producers popped 10 cents to end at a 52 weeks’ high of $4.10 with 243,412 stocks trading, Consolidated Bakeries dipped 12 cents to $1.78 with 6,650 stock units changing hands. Derrimon Trading rose 8 cents to $2.57 with an exchange of 283,485 units, Everything Fresh lost 8 cents to close at $1 with a transfer of 87,000 shares, Express Catering spiked 70 cents to close at a 52 weeks’ high of $6.10 with 59,628 stocks passing through the market. Fontana increased by 9 cents to $6.18 with investors switching ownership of 424,647 stock units, General Accident rallied 5 cents to $5.80 with 3,091 units traded, iCreate added 9 cents to finish at 87 cents with 1,829 shares changing hands. Indies Pharma advanced 25 cents to $4.15 with an exchange of 42,309 stocks, Jamaican Teas fell 13 cents to $3.92 with a transfer of 602,315 stock units, Jetcon Corporation gained 15 cents to close at a 52 weeks’ high of $1.90 with155,600 units passing through the market. Lasco Distributors dropped 19 cents to $3.81 with investors swapping 26,359 shares, Limners and Bards lost 10 cents to finish at $3.05 with 162,984 stocks traded, Main Event fell 26 cents to $5 with 64,116 stock units changing hands. Medical Disposables surged 64 cents to $5 with a transfer of 40 units, Tropical Battery advanced 20 cents to end at a 52 weeks’ high of $1.45 with 825,416 stock units traded and tTech climbed 39 cents to $5.45 with 115 shares crossing the exchange.

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

Mailpac dominates fallen Junior Market

MailPac Group dominated Junior Market trading on Tuesday with 78 percent of total volume after an exchange of 14.73 million of the company’s shares and leading the overall volume of stocks traded jumping 168 percent, with the value traded rising by 219 percent over Monday.
At the close of trading on Tuesday, all 43 listed securities traded, up from 36 on Monday, with 22 rising, 11 declining and 10 ending unchanged.
The Junior Market Index dropped 23.31 points to settle below 3,300 points for the first time in eight days at 3,297.55, with the move down opposite to the market breadth.
The PE Ratio, a measure that determines an appropriate relative value of each stock, averaged 12.5 based on ICInsider.com’s 2021-22 earnings forecast.
Trading accounted for 18,917,282 shares for $63,058,701 up from 7,035,403 units at $19,752,231 on Monday.
Lasco Financial was the second leading traded stock with 4.2 percent of total volume accounting for 786,080 units, followed by Jamaican Teas 3.7 percent exchanging 693,608 units.
Trading averaged 439,937 units at $1,466,481 in contrast to 195,428 at $548,673 on Monday. The month to date, averaged 201,365 units at $654,061, compared to 146,798 units at $468,241 on Monday. May closed with an average of 318,089 units at $760,337.
Investor’s Choice bid-offer indicator reading shows one stock ended with the bid higher than its last selling price and four with lower offers.
At the close, Access Financial rallied $1.70 to $22 with an exchange of 858 shares, CAC 2000 sprang 95 cents to $10.40 with a transfer of 44 stock units, Caribbean Assurance Brokers gained 12 cents to end at $2.12, with  1,500 units changing hands. Caribbean Cream increased 15 cents to $6 with 6,645 stocks traded, Consolidated Bakeries dropped 20 cents to $1.78 in switching ownership of 6,900 shares, Dolphin Cove fell 11 cents to $7 with 18,815 stock units passing through the market. Everything Fresh rose 9 cents to $1.08, exchanging 197,290 units, Express Catering shed 25 cents to $4.75 with a transfer of 28,500 stocks. Fontana gained 8 cents to finish at $6.10 with 57,229 shares changing hands, Fosrich rallied 30 cents to $8.50 with 133,157 stock units traded, General Accident slipped 5 cents to $5.75 with 3,220 units changing hands, Honey Bun popped 39 cents to $7 with 40,229 stocks passing through the market, iCreate gained 12 cents to close at 89 cents with an exchange of 7,000 shares. Indies Pharma advanced 15 cents to $4.05 with the trading of 10,370 stock units, Jetcon Corporation popped 19 cents to $1.28 with 287,571 units traded, KLE Group rallied 22 cents to $1.24 with investors switching ownership of 5,500 shares. Knutsford Express jumped 38 cents to $8.45 with 607 stock units passing through the market, Lasco Distributors dipped 20 cents to $3.81 with an exchange of 95,033 units, Lasco Financial fell 15 cents to $3.75 with a transfer of 786,080 stocks. Lasco Manufacturing lost 13 cents to settle at $5.45 with 13,731 shares changing hands, Limners and Bards rose 5 cents to $3.05 with 48,078 units traded, Lumber Depot spiked 28 cents to a 52 weeks’ closing high of $3.69 with investors switching ownership of 620,319 stocks and Medical Disposables spiked 60 cents to $4.85 with 1,110 stock units changing hands.

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

Junior Market slips up in June

The overall measure of market value of trading stocks swung between extremes on Tuesday, on the Junior Market of the Jamaica Stock Exchange, with the market index hitting a high for the day at 3,380.29 shortly after the opening but fell just over 73 points to hit a low for the day at 3,307.03 before recovering a fraction of the dip to close with a lost 2.72 points from Monday’s close to settle at 3,322.01.
Overall, 38 securities traded compared to 39 on Monday and ended, with 13 rising, 17 declining and eight closing unchanged.
The PE Ratio based on ICInsider.com’s 2021-22 earnings forecast averages 12.6.
The volume of stocks traded declined 74 percent, with 55 percent less value than on Monday. Overall, 3,647,436 shares traded for $13,200,802, down from 13,810,331 units at $29,320,428 on Monday.
Lasco Manufacturing controlled 15.9 percent of total volume, with 580,585 shares, followed by Future Energy Source, 11.1 percent with 406,589 units and Lumber Depot with 8.1 percent after exchanging 295,410 units.
Trading averaged 95,985 units at $347,390 in contrast to 354,111 at $751,806 on Monday. May closed with an average of 318,089  units at $760,337.
Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, CAC 2000 rose 22 cents to $9.45 with 7,751 shares changing hands, Caribbean Assurance Brokers lost 7 cents to close at $1.90 with an exchange of 50,477 stock units, Caribbean Cream dropped 30 cents to $5.60 with 31,693 units passing through the market. Caribbean Flavours slipped 5 cents to $2.05, with 159,884 stocks traded, Caribbean Producers rose 5 cents to $3.85 with a transfer of 184,374 shares, Dolphin Cove jumped $1.20 to $8 with 14,861 units changing hands. Everything Fresh gained 5 cents to finish at $1.04, with an exchange of 20,050 stocks, Express Catering fell 30 cents to $4.70 in switching ownership of 112,404 shares, Fontana slipped 5 cents to $5.95 with 53,817 stocks passing through the market. Honey Bun lost 10 cents to end at $6.75 with 52,259 units traded, Indies Pharma rose 6 cents to $3.90 with a transfer of 45,948 shares, Jamaican Teas fell 7 cents to $4 with 212,786 stock units changing hands. Jetcon Corporation gained 9 cents to settle at $1.03 with an exchange of 168,030 units, Knutsford Express shed 98 cents to close at $7.02 with 1,691 stocks passing through the market, Lasco Distributors advanced 18 cents to $4.14 with 153,147 shares traded. Lasco Financial climbed 24 cents to $3.99 with a transfer of 216,011 units. Lasco Manufacturing rose 8 cents to $5.60 with 580,585 stock units changing hands, Medical Disposables jumped 65 cents to $5.05 with 679 stocks passing through the market. Stationery and Office Supplies gained 15 cents to end at $8.15 with 10,860 units traded and tTech dropped $1.18 to close at $5.07 with 2,600 shares crossing the exchange.

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

Slippage

Trading closed on Friday, with the volume of stocks traded declining 57 percent and the value down 52 percent from Thursday levels, leading the Junior Market of the Jamaica Stock Exchange to decline for the day but ending marginally higher for the week.
Trading led to 41 securities changing hands compared to 39 on Thursday, with prices of 17 rising, 13 declining and 11  remaining unchanged.
The Junior Market Index declined 17.06 points to close at 3,324.08 and the average PE Ratio based on ICInsider.com’s forecast of 2021-22 is 12.5.
At the close, 8,800,514 shares traded for $18,269,545 versus  20,537,724 units at $37,783,073 on Thursday.
Future Energy Source contributed 52.5 percent of total volume traded, with 4.62 million shares, Jetcon Corporation followed, with 7.6 percent trading 669,133 units and Lumber Depot accounted for 7 percent with 614,786 stocks.
Trading averaged 214,647 units at $445,599 down from 526,608 at $968,797 on Thursday. Trading month to date averages 347,033 units at $833,012, compared to 357,313 units at $863,100 on Thursday. April closed with an average of 329,24 units at $854,716.
Investor’s Choice bid-offer indicator shows one stock ended with the bid higher than the last selling price and two with lower offers.
At the close, Access Financial fell $1.95 to $20.20 after exchanging 142 shares, Blue Power climbed 27 cents to $3.97, trading 608 shares. Cargo Handlers rose 70 cents to $8.70, with one stock unit changing hands, Caribbean Cream dropped 34 cents $5.66 in exchanging 2,750 units, Caribbean Flavours increased 5 cents to $2.15, with 9,558 stock units crossing the market. Caribbean Producers advanced 10 cents to end at $3.75 with the swapping of 73,746 units, Dolphin Cove lost 39 cents to end at $7.61 in trading 40,788 units. Elite Diagnostic fell 20 cents to $3 in switching ownership of 223,848 units, Fontana advanced 6 cents to $6.06 while exchanging 102,677 stocks. Fosrich advanced 11 cents to $8.50, trading 53,297 units, Future Energy Source climbed 3 cents to $1.05 in exchanging 4,624,020 units, Honey Bun fell 24 cents to $6.75 with the swapping of 51,683 stock units. Iron Rock Insurance declined 80 cents to $3.20 with the swapping of 7,150 stock units. Jamaican Teas rose 7 cents to $4.03, with 451,911 stocks hanging hands, Jetcon Corporation lost 8 cents in ending at $1.02 after exchanging 669,133 stock units, KLE Group rose 19 cents to close at $1.21 with an exchange of 800 stocks. Knutsford Express declined 9 cents to $8.35 while exchanging 53,847 stock units, Lasco Financial lost 10 cents in closing at $3.30, with 295,424 stocks switching ownership, Lasco Manufacturing climbed 8 cents to $5.48 in trading 165,451 units. Limners and Bards gained 6 cents to close at $3.36 after 77,292 units changed hands, Mailpac Group declined 12 cents to $3.75 in an exchange of 105,978 stocks. Main Event declined 39 cents in closing at $4.30 after trading 41,268 shares and tTech rose 25 cents to $6.25 with 1,398 shares clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Fesco dominates Junior Market

Future Energy Source (Fesco) dominated trading on the Junior Market on Thursday, with 73 percent of the market share with 15.02 million units exchanged after the company posted full year results that were slightly lower than the forecast of $151 million that was contained in the prospectus with the year to March ended at $141 million. Lasco Manufacturing was next, with 9.5 percent of total volume after trading 1.95 million units, while Lumber Depot accounted for 4.1 percent of total volume with an exchange of market 847,830 units.
Trading closed on Thursday with investors transferring 43 percent more shares at 39 percent greater value than Wednesday as rising stocks outnumbered falling ones, with 39 securities changing hands compared to 36 on Wednesday. At the close, 18 stocks rose, 14 declined and seven remaining unchanged as the Junior Market Index gained 10.13 points to close at 3,341.14.
The PE Ratio based on ICInsider.com’s forecast of 2021-22 earnings averages 12.6.
A total of 20,537,724 shares traded for $37,783,073, up from 14,356,074 units at $27,238,932 on Wednesday.
Trading averaged 526,608 units at $968,797 in contrast to 398,780 at $756,637 on Wednesday. Trading month to date, averages 357,313 units at $863,100, up from 343,811 units at $854,671 on Wednesday. April closed with an average of 329,241 units at $854,716.
Investor’s Choice bid-offer indicator shows one stock ending with the bid higher than its last selling price and one with a lower offer.
At the close, Access Financial rose $2.14 to $22.15 with a transfer of 6,744 shares, CAC 2000 advanced $2.70 to $9.70 in an exchange of 5,000 units, Cargo Handlers dropped 68 cents to $8 with 6,250 stocks changing hands. Caribbean Assurance Brokers gained 10 cents to close at $2 with 8,350 shares traded, Caribbean Flavours slipped 7 cents to $2.10 with 101,082 stock units passing through the market, Caribbean Producers rose 7 cents to $3.65 with a transfer of 32,330 stocks. Consolidated Bakeries advanced 23 cents to $1.69 with an exchange of 30 shares, Derrimon Trading declined by 11 cents to finish at $2.50 with 208,882 units changing hands, Dolphin Cove climbed 50 cents to $8 with 2,124 stocks passing through the market. Elite Diagnostic gained 11 cents to end at $3.20 with 56,852 shares traded, Everything Fresh shed 10 cents to close at $1.02 with an exchange of 8,384 units, Express Catering jumped 50 cents to $5.50 with a transfer of 2,300 stocks. Fosrich shed 11 cents to end at $8.39 with 11,506 shares changing hands, Honey Bun climbed 49 cents to $6.99 with 12,973 units traded, Indies Pharma slipped 10 cents to $3.80 with 70,112 stock units passing through the market. Iron Rock Insurance advanced 55 cents to $4 with a transfer of 113,148 shares, Jetcon Corporation 25 cents to $1.10 with 420,889 units changing hands, KLE Group dropped 8 cents to $1.02 with 1,000 stocks traded. Knutsford Express jumped 44 cents to $8.44 with 763 shares passing through the market, Lasco Distributors rose 15 cents to $4.15 with a transfer of 6,800 stock units, Lasco Financial fell 42 cents to $3.40 with an exchange of 72,598 units. Lasco Manufacturing increased by 5 cents to close at $5.40 with 1,948,675 stocks changing hands, Limners and Bards fell 10 cents to $3.30 with 213,795 shares traded, Main Event advanced 19 cents to $4.69 with 35,831 units passing through the market. Paramount Trading fell 12 cents to $1.30 with investors switching ownership of 3,000 stocks, Stationery and Office Supplies dropped 22 cents to $8.28 with a transfer of 36,669 stock units and tTech jumped $1 to $6 with 6,211 shares crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Junior Market recovers ground on Tuesday

Junior Market stocks bounced at the close of trading on the Jamaica Stock Exchange on Tuesday after 26 stocks rose, six declined and six remained unchanged, leading to a rebound in the market of 13.62 points to settle at 3,320.12, following Mondays’ decline and after an exchange of 26 percent more shares than on Monday but with 18.43 percent lower value.
Trading ended with 38 active securities from 40 on Monday resulting in an exchange of 9,672,190 shares for $32,065,947 down from 13,103,080 units at $39,313,013 on Monday.
Future Energy Source led trading with 18.7 percent of total volume for 1.8 million shares, followed by Mailpac Group 16.7 percent, with 1.61 million units and Jamaican Teas with 15.8 percent market share with an exchange of 1.53 million units. Lasco Manufacturing was the only other stock to exceed a million shares, with 1.16 million units changing hands.
Trading averaged 254,531 units at $843,841 in contrast to 327,577 at $982,825 on Monday. The month to date averaged 339,442 units at $862,461, compared to 347,217 units at $864,166 on Monday. April closed with an average of 329,241 units at $854,716 trading.
The PE Ratio based on ICInsider.com’s forecast of 2021-22 earnings averaged 12.6.
Investor’s Choice bid-offer indicator
shows one stock ended with the bid higher than its last selling prices and five with lower offers.
At the close, Access Financial rose 50 cents to $21.50 with an exchange of 200 shares, Blue Power gained 15 cents to end at $3.90 with 1,203 units traded, Caribbean Assurance Brokers fell 7 cents to $2 with a transfer of 5,019 stocks. Caribbean Cream rose 39 cents to $6.05 with 9,136 stock units changing hands, Caribbean Flavours rose 8 cents to $2.18 with 10,000 shares passing through the market, Caribbean Producers gained 10 cents to close at $3.60 with 58,723 units traded. Consolidated Bakeries climbed 21 cents to $1.55 with an exchange of 2,000 stocks, Derrimon Trading advanced 15 cents to $2.65 with a transfer of 483,093 stocks, Dolphin Cove jumped 60 cents to $7.98 with 46 shares changing hands. Elite Diagnostic gained 31 cents to close at $3.60, with investors switching ownership of 19,877 units, Everything Fresh increased by 15 cents to end at $1.15 with 2,900 stock units passing through the market, Express Catering declined by 20 cents to finish at $5.70 with 62,100 stocks traded. Fontana rose 10 cents to $6.10 with a transfer of 501,799 shares, Honey Bun climbed 49 cents to $6.79 with 43,943 units exchanged, Indies Pharma lost 10 cents to settle at $3.60 with 53,783 stocks changing hands. Jamaican Teas slipped 6 cents to $3.89 with 1,527,305 shares passing through the market, Jetcon Corporation rose 5 cents to 91 cents with 187,309 units traded, Knutsford Express jumped 80 cents to $8 with a transfer of 274 stocks. Lasco Distributors gained 5 cents to close at $4.20 with an exchange of 18,634 stock units, Limners and Bards climbed 42 cents to settle at 52 weeks’ high of $3.45 with investors switching ownership of 345,420 shares, Lumber Depot advanced 42 cents to a record high of $3.45 with 334,579 units passing through the market. Mailpac Group increased by 21 cents to finish at $3.87 with 1,613,713 stocks traded, Medical Disposables gained 30 cents to settle at $4.70  with a transfer of 2,755 stock units, SSL Venture slipped 9 cents to 56 cents with 23,076 units changing hands. Stationery and Office Supplies jumped 87 cents to $8.50 with investors switching ownership of 267,890 stocks and tTech dropped 90 cents to close at $5 with 44,301 shares crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.