Bumper trade for Junior Market

 It was a bumper day on the Junior Market of the Jamaica Stock Exchange on Friday, with the volume of stocks traded surging 397 percent and the value jumped 356 percent more than on Thursday with 46 securities up from 42 on Thursday and ended with prices of 16 rising, 22 declining and eight closing unchanged. 
A total of 36,083,718 shares were traded for $101,351,606 versus 7,255,920 units at $22,249,838 on Thursday.
Trading average of 784,429 shares at $2,203,296 compared to 172,760 units at $529,758 on Thursday with the month to date, averaging 338,982 stocks at $938,780 compared to 308,490 stock units at $852,221 on the previous day. November closed with an average of 259,893 units at $711,335.
Fosrich led trading with 18.46 million shares for 51.2 percent of total volume, followed by JFP Ltd with 11.44 million units for 31.7 percent of the day’s trade, Regency Petroleum with 1.79 million units for 5 percent of trading and Lumber Depot with 1.23 million units for 3.4 percent market share.
At the close, the Junior Market Index slipped 9.81 points to settle at 3,908.35.
The PE Ratio, a measure of computing appropriate stock values, averages 11.9. The PE ratios of Junior Market stocks incorporate ICInsider.com projected earnings for the financial year endings that falls between November this year and August 2023.
The Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, AMG Packaging dipped 53 cents in closing at $2.96, with 117 shares crossing the market, Blue Power dipped 18 cents to $2.98, with 11,942 units changing hands, Caribbean Assurance Brokers shed 20 cents to $1.98 after 2,460 stock units were traded. Caribbean Cream popped 15 cents in ending at $3.35 while exchanging 383 stocks, Consolidated Bakeries fell 14 cents to end at $1.70, with 15,090 stocks clearing the market, Derrimon Trading shed 14 cents to close at $2.11 trading 106,868 shares. Dolphin Cove gained 68 cents to $14.78 in exchanging 3,056 units, Fontana rose 10 cents to end at $9.09 with investors transferring 8,975 stock units, Fosrich lost 10 cents in closing at $3.90 with 18,458,647 stock units changing hands. Future Energy Source dipped 17 cents to $5.07 after a transfer of 177,671 units, General Accident increased 30 cents to $5 in switching ownership of 21,331 stocks, GWest Corporation dropped 13 cents in closing at $1.02 with the swapping of 1,824 shares. Indies Pharma lost 20 cents at $2.60 with a transfer of 1,761 stocks, Iron Rock Insurance advanced 46 cents to end at $2.35 with an exchange of one unit, JFP Ltd rallied 10 cents to close at $1.55 after an exchange of 11,438,854 stock units. Lumber Depot climbed 15 cents in ending at $2.45 after trading 1,231,390 shares, Paramount Trading rallied 36 cents in closing at $1.89 after exchanging 4,000 stock units, Stationery and Office Supplies jumped $1.77 to $14.97, with 603 shares crossing the market and Tropical Battery fell 23 cents to end at $2.15 after 296,469 stock passed through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.