Big bounce for Junior Market on Friday

The Junior Market Index jumped 80.94 points to 4,202.44 on Friday, after Dolla Financial jumped nearly 33 percent to close at $2.32 and Fosrich surged $3.51 to $30.30, and the volume of stocks traded rising 127 percent and the value 100 percent over Thursday.
A total of 41 securities were traded versus 39 on Thursday and ended with 18 rising, 13 declining and 10 closing unchanged.
The PE Ratio, a measure used to compute appropriate stock values, averages 13.2. The PE ratios of Junior Market stocks incorporate ICInsider.com projected earnings for companies with financial year end that falls between November this year and August 2023.
A total of 12,919,546 shares traded for $50,357,697 compared to 5,679,261 units at $25,210,590 on Thursday, but trading is being stifled by the limitation of the circuit breaker places on daily price movement delaying the market from finding the equilibrium price that will encourage more selling to match demand. Trading averaged 315,111 shares at $1,228,237 on Friday, in contrast to 145,622 shares at $646,425 on Thursday, with the month to date, averaging 233,169 units at $963,775 compared to 226,284 units at $941,556 on the previous trading day. May closed with an average of 376,907 units at $1,638,631.
Dolla Financial led trading with 2.35 million shares for 18.2 percent of the total volume, followed by Express Catering with 1.88 million units for 14.6 percent of the day’s trade, Spur Tree Spices with 1.33 million units for 10.3 percent market share and Lumber Depot ended  1.24 million units for 9.6 percent market share.
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, AMG Packaging rallied 34 cents in closing at $3.94 while exchanging 69,630 stock units, CAC 2000 fell $1.29 to close at $7.62 after 4,535 stocks were traded. Cargo Handlers declined $1.04 to $11.06, with 1,478 units crossing the exchange, Caribbean Flavours shed 18 cents to end at $1.80 with an exchange of 16 stocks, Dolla Financial rose 57 cents ending at a record $2.32, in exchanging 2,347,737 shares, Dolphin Cove increased 95 cents in closing at $17.61, with 37,154 shares changing hands. EduFocal advanced 35 cents to close at $3 after exchanging 932,280 units, Elite Diagnostic popped 25 cents to end at $3.55 trading 140,893 stock units, Express Catering dropped 45 cents to $5.45 in switching ownership of 1,881,381 shares. Fontana lost 18 cents in ending at $10.80 in an exchange of 84,961 stock units, Fosrich climbed $3.51 to $31 after exchanging 174,799 stocks, Future Energy Source gained 10 cents to close at $6 with the swapping of 876,003 units. General Accident dropped 30 cents to end at $5.60 with 2,050 stocks crossing the market, Honey Bun climbed 11 cents in closing at $8.97 in trading 10,467 shares, Indies Pharma declined 9 cents to $3.20 with 43,586 units clearing the market. Knutsford Express lost $1 in closing at $7, with 24,150 stock units crossing the market, Lasco Manufacturing gained 34 cents in ending at $4.95 after trading 112,040 shares, Limners and Bards fell 17 cents to end at $2.81, with 46,976 stock units crossing the exchange after trading at a 52 weeks’ intraday low of $2.63. Mailpac Group popped 27 cents to close at $2.92 trading 373,448 units, Main Event shed 20 cents to $8 with 13,581 stocks clearing the market, Spur Tree Spices rose 28 cents to $3.70 with 1,331,758 units changing hands. SSL Venture advanced 85 cents to a 52 weeks’ high of $3.70 trading 681,994 stock units and Tropical Battery rallied 13 cents to end at $2.75 after an exchange of 519,338 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.