Junior Market stock surged 109 points to a new record close on Tuesday after jumping 89 points on Monday.
Bulls continue to roam all over the Jamaica Stock Exchange Junior Market in trading on Wednesday and pushed the Market Index up by108.70 points to a fifth consecutive record high close at 3,949.20, with the market up 15 percent in just over a month at just over half of the total gains in 2021 with the market rising 6 percent or 222 points in the last six trading days.
All 43 listed securities traded compared to 42 on Tuesday and ended with 21 rising, 13 declining and nine, closing unchanged. At the close of the market, fives stocks ended trading at 52 weeks’ high. Everything Fresh one of ICInsider.com Top15 stocks for 2022 hit a 52 weeks’ high of $1.82, Fontana hit $11.85 but still ended the day with a closing high of $11.50. Future Energy Source made new highs in closing a $3.63 and Lumber Depot surprised with a big leap to $4.29 before ending at a 52 weeks’ closing high of $3.90 and Paramount Trading hit a 52 weeks’ high of $2.44 while Spur Tree Spices hit a new intraday high of $3.19 before pulling to close at $2.90.
The PE Ratio, a measure used to compute appropriate stock values, averages 17.1. The PE ratio of each stock shown in the chart below is based on ICInsider.com earnings forecast for companies with financial years up to August 2022.
A total of 26,221,431 shares traded for $104,398,820 up from 20,887,440 units at $90,181,236 on Tuesday. Spur Tree Spices led trading with 11.20 million shares for 42.7 percent of total volume followed by Lumber Depot with 3.20 million units for 12.2 percent of the day’s trade and Everything Fresh with 1.85 million units for 7.1 percent market share, Future Energy Source traded 1.74 million units for 6.6 percent market share and Honey Bun had an exchange of 1.01 million units for 3.8 percent market share.
Trading averaged 609,801 shares at $2,427,880 up from 497,320 shares at $2,147,172 on Tuesday and month to date, an average of 554,222 units at $2,289,177. January closed with an average of 319,395 units at $1,181,136.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and one stock with a lower offer.
In trading, Access Financial dropped 59 cents in closing at $24.50 while exchanging 1,846 shares, Caribbean Cream rose 12 cents to $5.32, with 166,415 units crossing the market, Dolphin Cove declined 50 cents to close at $28.50, with 253,464 stocks clearing the market. Everything Fresh gained 38 cents to end at a 52 weeks’ closing high of $1.81 with an exchange of 1,849,857 stock units. Express Catering increased 84 cents in ending at $6.24 after an exchange of 700,019 units, Fontana advanced 60 cents in closing at $11.50 after 608,953 stocks crossed the market. Future Energy Source popped 14 cents to end at a 52 weeks’ closing high of $3.63 in an exchange of 1,738,800 shares, General Accident rallied 20 cents to $6.10, with 492,180 stock units crossing the exchange, Honey Bun fell 41 cents to close at $9.56 after trading 1,005,654 stock units. 
Iron Rock Insurance climbed 22 cents to $3.30 in switching ownership of 16,394 stocks, KLE Group lost 11 cents to close at $2.84 with 110 units trading, Lasco Distributors rose 23 cents in closing at $3.69 trading 296,826 shares. Lasco Manufacturing climbed 10 cents to $4.90 after exchanging 36,016 stock units, Lumber Depot increased 40 cents to end at a 52 weeks’ closing high of $3.90 with the swapping of 3,197,271 units, Main Event rose 50 cents in ending at $4.50, with 20,000 stocks changing hands. Paramount Trading rallied 35 cents ending at a 52 weeks’ high of $2.40 after exchanging 351,859 shares, Spur Tree Spices shed 19 cents to close at $2.90 in exchanging 11,197,840 shares, SSL Venture lost 36 cents to end at $1.11 after an exchange of 111,548 stocks. Stationery and Office Supplies fell 50 cents to $5.50 while swapping 396,633 units and tTech gained 29 cents in closing at $4.20 after exchanging 10,693 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.