Trading surged sharply on Monday with the volume of stocks changing hands jumping 77 percent with the value 175 percent higher than on Tuesday at the close of the Jamaica Stock Exchange Junior Market.
Market activity led to 34 securities trading down from 35 on Monday and ended with 14 rising, 14 declining and six, closing unchanged.
At the close, the Junior Market Index popped 5.10 points to settle at 3,378.08. The PE Ratio, a measure used to compute appropriate stock values, averages 14.4. The PE ratio of each stock is shown in the chart below, is based on earnings forecasted by ICInsider.com for companies with their financial year ending up to August 2022.
A total of 8,682,115 shares traded for $44,268,853 against 4,900,401 units at $16,065,065 on Monday. Honey Bun led trading with 3.16 million shares for 36.4 percent of total volume followed by Lumber Depot with 1.34 million units for 15.4 percent and Tropical Battery with 1.04 million units for 11.9 percent market share.
Trading averaged 255,356 shares at $1,302,025 in contrast to 140,011 shares at $459,002 on Monday and month to date, averaging 548,123 units at $1,673,167, compared to 579,723 units at $1,713,227 on Monday. November closed with an average of 160,358 units at $581,730.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and two stocks with lower offers.
At the close, Blue Power lost 24 cents to $3.30 after exchanging 30,000 shares, Cargo Handlers shed $1.48 to close at $6.50 with the swapping of 4,723 units after the stock dropped to a 52 weeks’ intraday low of $5.60. Caribbean Assurance Brokers lost 30 cents ending at $2.40 with 141,350 stocks traded. Dolphin Cove spiked 25 cents in closing at $13.75 with 7,840 stock units changing hands, Elite Diagnostic rose 50 cents to end at $3 with 200 stocks crossing the market, Everything Fresh dipped 13 cents ending at 85 cents after exchanging 65,400 shares. Express Catering gained 10 cents to close at $5.70 in switching ownership of 60,772 stocks, Fontana lost 9 cents to end at $7.10 in transferring 37,066 shares, General Accident lost 5 cents in closing at $6.70 with 8,824 stocks changing hands. iCreate gained 10 cents to 85 cents in switching ownership of 567,347 shares, Iron Rock Insurance lost 7 cents to $3.58 with 10,556 stock units clearing the market, Jamaican Teas gained 10 cents in closing at $3.94 with the swapping of 222,408 units. 
Jetcon Corporation declined 6 cents to close at 95 cents after crossing the market with 181,616 stock units, Limners and Bards rose 20 cents to $3.75 in an exchange of 159,648 shares, Lumber Depot rallied 21 cents to end at $3.47 with 1,339,930 stocks crossing the exchange. Medical Disposables popped 14 cents to close at $6.69 in exchanging 21,016 units and Stationery and Office Supplies rose 20 cents in closing at $5.80 in trading 2,000 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
