Slightly more shares were traded at the close of the Junior Market of the Jamaica Stock Exchange on Friday, but the value fell 10 percent lower than trading on Thursday after 44 securities were traded versus 43 on Thursday prices of 17 rose, 15 declined and 12 closed unchanged.
A total of 11,228,856 shares were traded for $38,807,870 versus 10,883,378 units at $43,051,001 on Thursday. Trading averaged 255,201 shares at $881,997 compared to 253,102 shares at $1,001,186 on Thursday, with the month to date, averaging 358,007 units at $1,204,634 compared to 363,890 units at $1,223,095 on the previous trading day. July closed with an average of 512,709 units at $2,574,304.
MFS Capital Partners led trading with 4.14 million shares for 36.9 percent of total volume followed by Dolla Financial with 1.53 million units for 13.6 percent of the day’s trade and JFP Limited with 1.16 million units for 10.3 percent market share.
At the close, the Junior Market Index climbed 74.23 points to settle at 4,168.38. The PE Ratio, a measure of computing appropriate stock values, averages 12.8. 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.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, AMG Packaging climbed 21 cents to $3.99, after trading 59,740 shares, Caribbean Assurance Brokers dipped 10 cents to close at $2.50 with a transfer of 33,998 units, Consolidated Bakeries rose 22 cents in closing at a 52 weeks’ high of $1.99 with investors transferring 606,817 stock units. Dolphin Cove lost 40 cents to end at $13.50 after 134,745 stocks crossed the market, Elite Diagnostic rallied 10 cents to $3.42 with an exchange of 14,026 shares, Everything Fresh fell 10 cents to close at $1.89 after a transfer of 53,120 stock units. Express Catering increased 10 cents to $5.60 in exchanging 315,642 units, Fontana popped 30 cents to $9.25 in an exchange of 14,127 stocks, Honey Bun advanced 18 cents to end at $8.11 with 14,502 units clearing the market. iCreate gained 10 cents in closing at $4.30 in trading 315,215 stock units, Iron Rock Insurance advanced 28 cents in closing at $3, with three stocks changing hands, KLE Group dropped 30 cents to close at $1.80 while exchanging 41 shares. 
Lasco Manufacturing gained 27 cents to $4.55, with 2,030 shares changing hands, Limners and Bards increased 30 cents to $3.05 in switching ownership of 204,946 stocks, Medical Disposables declined 27 cents to $5.60 trading 5,311 stock units. MFS Capital Partners shed 10 cents in closing at $4 after exchanging 4,140,761 units and Stationery and Office Supplies popped $1.30 to $15.95 with an exchange of 7,726 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Big bounce for Junior Market on Friday
August 26, 2022 by IC Insider.com
Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: Access Financial, AMG Packaging, Best performing stock market, Blue Power, CAC2000, Cargo Handlers, Caribbean Assurance Brokers, Caribbean Cream, Caribbean Flavours, Consolidated Bakeries, Daily Trading, Derrimon Trading, Dolla Financial, Dolphin Cove, Edufocal, Elite Diagnostic, Emerging markets, Everything Fresh, Express Catering, FESCO, Fontana, FosRich, Future Energy Source, General Accident, GWest, Honey Bun, iCreate, Indies Pharma, Iron Rock Insurance, Jamaica Stock Exchange, Jamaican stocks, Jamaican Teas, Jetcon Corporation, JFP Ltd, KLE Group, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Limners and Bards, Medical Disposables, MFS Capital Partners, Paramount Trading, Spur Tree Spices, Stationery and Office, Trading Activity, tTech
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