Trading closed at another record high on the Jamaica Stock Exchange Junior Market on Thursday, after hitting an intraday high at the opening, with the volume of stocks traded falling by 38 percent and the value down 36 percent compared to Wednesday.
Market activity led to 44 securities trading compared to 42 on Wednesday and ending with 17 rising, 17 declining and 10 closing unchanged.
At the close, the Junior Market Index rose 35.62 points to a record of 4,325.15 after opening at a record 4,371.90. The PE Ratio, a measure used to compute appropriate stock values, averages 13.4. The PE ratio of each stock in the chart below is based on ICInsider.com earnings forecast for companies with financial years up to August 2023.
Overall, 10,631,744 shares traded for $47,631,025 from 17,123,040 units at $73,979,105 on Wednesday. iCreate led trading with 1.68 million shares for 15.8 percent of total volume followed by Stationery and Office Supplies with 937,462 units for 8.8 percent of the day’s trade and Tropical Battery with 885,188 units for 8.3 percent market share.
Trading averaged 241,631 shares at $1,082,523 compared to 407,691 shares at $1,761,407 on Wednesday, with the month to date, averaging 464,966 units at $1,759,149 compared to 484,085 units at $1,817,071 on Wednesday the previous trading day. March closed with an average of 719,276 units at $2,636,802.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and two stocks with lower offers.
At the close, Access Financial shed $1 to end at $20, with 35,750 shares clearing the market, AMG Packaging dropped 45 cents in closing at $3.50 with the swapping of 149,520 stock units, CAC 2000 fell 10 cents to close at $7.40 with an exchange of 1,055 stocks. Dolphin Cove climbed 10 cents to $21.60, with 896 units changing hands, EduFocal declined 19 cents in ending at $3.48 while exchanging 546,443 stock units, Elite Diagnostic lost 57 cents in closing at $3.60 after trading 773,735 units. Fontana advanced 44 cents to close at $10.89, with 100,573 stocks crossing the market, Fosrich rose $2.30 to a record $29.20 after exchanging 198,511 shares, Honey Bun gained 30 cents after ending at $9.90, with 32,555 units crossing the market. iCreate rallied 57 cents to end at record $2.51 trading 1,676,041 stock units, Lasco Financial fell 12 cents to $3.28 after trading 735,706 stocks, Lasco Manufacturing dropped 19 cents to $5 in an exchange of 138,845 shares. Mailpac Group declined 15 cents to close at $3.13 units 385,703 crossing the exchange, 
Main Event popped 20 cents to $8.10 in exchanging 113,177 shares, Paramount Trading shed 23 cents in closing at $1.91 in switching ownership of 54,862 stocks. SSL Venture increased 35 cents to end at $1.75 trading 570 stock units, Stationery and Office Supplies lost 30 cents to close at $8.80 after exchanging 937,462 shares and tTech rallied 30 cents to $4.05 in switching ownership of 3,800 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
