Trading dipped on Monday as 38 percent more funds chased after 71 percent more stocks than on Friday on the Jamaica Stock Exchange Junior Market with the index falling 18.16 points to finish at 3,320.86.
A total 36 securities traded, versus 40 on Friday, with prices of 13 rising, 14 declining and nine closing unchanged.
The PE Ratio, a measure that determines an appropriate relative value of each stock, averaged 12.3 based on ICInsider.com’s forecast of 2021-22 earnings.
Trading ended with 7,035,403 shares for $19,752,231 compared to 4,111,715 units at $14,329,748 on Friday.
Mailpac Group led trading with 30.4 percent of the volume, with 2.14 million shares, followed by Future Energy Source 25.4 percent with 1.79 million units and Elite Diagnostic with 9.1 percent market share with an exchange of 643,555 units.
Trading averaged 195,428 units at $548,673 in contrast to 102,793 at $358,244 on Friday. Trading month to date averages 146,798 units at $468,241, compared to 135,281 units at $449,191 on Friday. May closed with an average of 318,089 units at $760,337.
Investor’s Choice bid-offer indicator shows seven stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Access Financial rallied 27 cents to $20.30 with an exchange of 1,898 shares, Blue Power fell 39 cents to $3.71 trading 134,440 units, Caribbean Assurance Brokers dropped 20 cents to $2 with 151,424 stocks traded. Caribbean Cream gained 10 cents to end at $5.85 with 37,423 stock units passing through the market, Consolidated Bakeries climbed 23 cents to $1.98 with a transfer of 9,090 shares, Dolphin Cove lost 14 cents to close at $7.11 with an exchange of 2,191 units. iCreate spiked 9 cents to 77 with 23,500 stocks changing hands, Indies Pharma swung 7 cents higher to $3.90 with 155,009 stock units traded, Jamaican Teas rallied 19 cents to $3.99 with investors switching ownership of 120,531s hares. KLE Group dropped 20 cents to $1.02 with a transfer of 2,709 stocks, Knutsford Express fell 38 cents to $8.07 with an exchange of 100 stock units, Lasco Distributors slipped 7 cents to $4.01 with 177,540 units traded. Lasco Financial rose 10 cents to $3.90 with 7,239 shares passing through the market, Limners and Bards declined by 13 cents to $3 with a transfer of 328,459 stock units, 
Mailpac Group dropped 11 cents to $3.64 with a volume leading 2,136,468 units traded and Stationery and Office Supplies jumped $1.47 to $8.99 with 116 shares crossing the exchange.
In the preference segment, CAC 2000 9.5% rose 5 cents to $1.20 with one stock unit changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
