Trading closed on Thursday with the volume of stocks traded declining 51 percent and the value dropping 31 percent compared to Wednesday at the close of the Jamaica Stock Exchange Junior Market as stocks declining just edged out those gaining resulting in a modest rise in the market index.
Market activity led to 32 securities trading versus 33 on Wednesday and ended with 11 rising, 12 falling and nine closing unchanged.
The Junior Market Index rallied 9.34 points to settle at 3,389.16. The PE Ratio, a measure used to compute appropriate stock values, averages 14.3. The PE ratio of each stock, shown in the chart below, is based on ICInsider.com earnings forecast for companies with their financial year ending up to August 2022.
A total of 2,898,249 shares traded for $11,497,638 down from 5,922,689j units at $16,583,474 on Wednesday. Lumber Depot led trading with 19.6 percent of total volume in exchanging 567,681 shares followed by Future Energy Source 18.6 percent with 539,931 units and Caribbean Assurance Brokers 11.7 percent after trading 337,995 units.
Trading averaged 90,570 shares at $359,301 compared to 179,475 shares at $502,530 on Wednesday and month to date, averaging 483,371 units at $1,478,300 versus 516,276 units at $1,572,039 on Wednesday.
November closed with an average of 160,358 units at $581,730.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Blue Power fell 34 cents to $3.20 in an exchange of 10,512 shares, CAC 2000 lost 31 cents in ending at $7.50 with 500 stock units crossing the market, Cargo Handlers rose 80 cents to $7.30 in exchanging 4,000 units. Caribbean Assurance Brokers gained 17 cents in closing at $2.49 with a transfer of 337,995 stocks, Caribbean Flavours lost 7 cents to end at $1.89 after trading 75,000 stock units, Dolphin Cove popped 25 cents to settle at $13.90 with the swapping of 291,752 shares. Express Catering added 5 cents to end at $5.50 in switching ownership of 118,000 units, Fosrich gained 9 cents to close at $8.60 after exchanging 5,483 stocks, Honey Bun rose 20 cents in closing at $10 with 9,656 shares changing hands. Jamaican Teas slipped 5 cents to $3.91 in transferring 110,532 stock units, Jetcon Corporation advanced 22 cents to $1.02 in trading 25 units, KLE Group fell 47 cents to $1.50 with the swapping of 46,998 stocks.
Knutsford Express shed 64 cents to end at $7 with 3,614 units changing hands, Limners and Bards fell 8 cents to $3.64 in switching ownership of 65,623 stock units and Main Event rallied 10 cents to close at $4 with 5,153 shares clearing the market.
In the preference segment, CAC 2000 9.5% preference share lost 6 cents to end at 93 cents with 3,175 units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
A total of 33 securities traded against 34 on Tuesday, with 10 rising, 15 declining and eight ending unchanged. The Junior Market Index popped just 1.74 points to 3,379.82.
At the close, Access Financial climbed $1.50 to $21 after trading 133 shares, Blue Power rose 24 cents to end at $3.54 in switching ownership of 81 units, Caribbean Assurance Brokers slipped 8 cents to $2.32 with an exchange of 79,082 stock units. Caribbean Flavours rose 6 cents to $1.96 after trading 2,251 stocks, Consolidated Bakeries poped 12 cents to $1.35, with 31,000 shares changing hands, Dolphin Cove shed 10 cents to close at $13.65 while exchanging 30,943 units. Everything Fresh popped 12 cents in ending at 97 cents with the swapping of 4,825 stocks, Express Catering declined 25 cents to close at $5.45, 42,647 stock units crossing the exchange, Fosrich dropped 44 cents in closing at $8.51 after 5,558 units crossed the market. Honey Bun rallied 42 cents to $9.80 with 11,364 stock units clearing the market, Jetcon Corporation fell 15 cents to 80 cents after 33,517 stocks changed hands, Knutsford Express fell 33 cents to $7.64 in an exchange of 54 shares.
Lasco Distributors declined 33 cents to $3.10 after trading 17,450 units, Lasco Manufacturing shed 11 cents to close at $4.75, with 10,000 stocks crossing the market, Lumber Depot lost 36 cents to end at $3.11 after an exchange of 2,901,363 shares. Mailpac Group climbed 11 cents to $3.44 in an exchange of 118,122 stock units, Paramount Trading dropped 5 cents to $1.25 in trading 660 stock units and SSL Venture Capital declined 16 cents to close at 80 cents while exchanging 20,201 shares.
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, 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.
At the close, 35 securities traded down from 37 on Friday and ended with 19 rising, 12 declining and four unchanged. The Junior Market Index rallied 34.96 points to 3,372.98.
At the close, AMG Packaging declined by 7 cents to finish at $2 with an exchange of 3,000 shares, Blue Power gained 24 cents to end at $3.54 with a transfer of 10 stock units, Caribbean Assurance Brokers rallied 10 cents to settle at $2.70 with 12,213 stock units traded. Caribbean Cream fell 10 cents to $5.70 with investors switching ownership of 101,75 units, Caribbean Flavours rose 10 cents to $1.90 with 22,670 shares changing hands, Elite Diagnostic shed 50 cents to close at $2.50 with an exchange of 4,347 units. Express Catering dropped 15 cents to $5.60 with a transfer of 59,422 stock units, Fontana lost 6 cents to end at $7.19 with 26,788 stocks crossing the market, Fosrich jumped 46 cents to $8.95 with 65,724 units traded. General Accident climbed 35 cents to $6.75 with 17,428 stocks changing hands, Honey Bun advanced 40 cents to $9.42 with an exchange of 9,885 stock units, iCreate fell 6 cents to 75 cents with an exchange of 28,000 shares. Indies Pharma rose 5 cents to $3.05 with a transfer of 5,434 shares, Jamaican Teas advanced 9 cents to $3.84 with 255,894 stock units traded, Jetcon Corporation rallied 11 cents to $1.01 with investors switching ownership of 72,913 units.
Knutsford Express jumped 47 cents to $7.97 with 564 stocks changing hands, Lasco Distributors climbed 43 cents to $3.44 with an exchange of 23,468 shares, Lasco Manufacturing advanced 10 cents to $4.85 with 2,682 units crossing the market. Limners and Bards rose 5 cents to $3.55 with 36,237 stocks traded, Main Event popped 10 cents to $3.91 with 34,661 stock units changing hands, Medical Disposables jumped 55 cents to $6.55 with a transfer of 2,005 stocks and Paramount Trading gained 13 cents to close at $1.32 with 8,000 units crossing the exchange.
Market activity led to 37 securities trading versus 36 on Thursday and ended with 13 rising, 16 declining and eight unchanged. The Junior Market Index declined 14.88 points to close at 3,338.02. The PE Ratio, a measure used to compute appropriate stock values, averages 14.1. The PE ratio of each stock shown in the chart below is based on ICInsider.com earnings forecasts for companies whose financial year ends up to August 2022.
At the close, Access Financial shed 50 cents to end at $19.50 after an exchange of 7,434 shares, AMG Packaging rose 7 cents to $2.07, trading 20,000 stock units, Cargo Handlers increased 93 cents to $7.98 with an exchange of 6,139 stocks. Caribbean Assurance Brokers declined 10 cents to close at $2.60 in trading 76,750 units, Caribbean Cream climbed 30 cents to $5.80 with 500 units changing hands, Caribbean Flavours lost 10 cents in closing at $1.80 after trading 26,852 stocks. Consolidated Bakeries fell 9 cents to $1.26 in switching ownership of 4,429 shares, Dolphin Cove rallied 5 cents to $13.50 119,898 stock units changing hands, Elite Diagnostic gained 15 cents to close at $3, with 16,329 stocks clearing the market. Everything Fresh popped 7 cents to end at $1, with 100,072 stock units crossing the market, General Accident dropped 20 cents to $6.40 with the swapping of 117,475 shares, Honey Bun shed 28 cents in closing at $9.02, with 296,852 units crossing the market.
Jetcon Corporation dropped 10 cents to close at 90 cents after exchanging 134,036 stocks, KLE Group fell 33 cents to $1.97 after trading 16,100 shares, Knutsford Express lost 47 cents to $7.50 after trading 4,972 stock units. Limners and Bards advanced 8 cents to $3.50 while exchanging 38,896 units, Medical Disposables declined 45 cents to $6 in trading 10,000 stocks, Paramount Trading dropped 11 cents to close at $1.19 after trading 46,000 units. Stationery and Office Supplies lost 40 cents after ending at $5.60 with an exchange of 11,220 stock units and tTech spiked 48 cents to $4.50 in trading 2,000 shares.
At the close, AMG Packaging rose 15 cents to $2 with 54,556 shares changing hands, Cargo Handlers gained 5 cents to close at $7.05 in swapping 4,498 units, Caribbean Assurance Brokers advanced 30 cents to end at $2.70 after trading 437,313 stocks. Caribbean Cream fell 34 cents to $5.50 with 2,204 stock units crossing the exchange, Consolidated Bakeries lost 5 cents to settle at $1.35 in exchanging 105,063 units, Dolphin Cove spiked 35 cents to $13.45 with 144,316 stock units clearing the market. Elite Diagnostic shed 20 cents to $2.85 after an exchange of 7,243 stocks, Everything Fresh lost 5 cents to close at 93 cents with a transfer of 12,034 shares, Express Catering rallied 8 cents to $5.75 after an exchange of 193,895 stock units. Fontana picked up 5 cents to finish at $7.25 with the swapping of 111,048 units, General Accident gained 10 cents in closing at $6.60 trading 132,744 stocks, Honey Bun fell 28 cents to $9.30 after exchanging 11,091 shares.
iCreate popped 5 cents to close at 80 cents in trading 81,645 stock units, Indies Pharma slipped 5 cents to $3 with the swapping of 3,116 stocks, Iron Rock Insurance gained 7 cents to finish at $3.65 with 27,035 units changing hands. Jamaican Teas fell 10 cents to $3.79 after 66,006 shares cleared the market, Lasco Manufacturing declined 11 cents to $4.75 in exchanging 49,539 stock units, Limners and Bards gained 6 cents to close at $3.42 in switching ownership of 34,991 units. Main Event shed 30 cents to $3.80 in transferring 400 shares and Medical Disposables lost 5 cents to end at $6.45 after 28,061 stocks changed hands.
Trading on Wednesday averaged 221,788 shares at $698,851 versus 76,677 units at $255,060 on Tuesday and month to date, an average of 801,106 units at $2,324,831, compared to 903,146 units at $2,611,225 on Tuesday. November closed with an average of 160,358 units at $581,730.
Honey Bun advanced 23 cents to $9.58, with the swapping of 655 stock units, iCreate dropped 10 cents in ending at 75 cents with an exchange of 136,604 units, Lasco Distributors fell 10 cents to end at $3.02 in trading 18,633 stocks. Lumber Depot gained 11 cents to $3.21, with 242,672 shares changing hands, Mailpac Group rose 13 cents to $3.38, with 5,174,467 stocks crossing the exchange, Medical Disposables dropped 20 cents in closing at $6.50 after trading 8,180 stock units. Stationery and Office Supplies declined 65 cents to end at $5.61, with 70 units clearing the market and Tropical Battery shed 7 cents to close at $1.25 in switching ownership of 62,000 stock units.
Market activity led to 34 securities trading as was the case on Monday and ended with ten rising, 11 declining and 13, closing unchanged. The Junior Market Index increased 39.13 points to settle at 3,359.97.
Trading averaged 76,677 shares at $255,060 down from 193,003 shares at $643,914 on Monday and trading month to date, ended with an average of 903,146 units at $2,611,225, down from 1,101,032 units at $3,175,499 on Monday. November closed with an average of 160,358 units at $581,730.
Jamaican Teas advanced 22 cents to close at $3.89 after exchanging 587,549 units. Lasco Financial shed 6 cents to $3.06, with 16,085 stock units crossing the market. Lasco Manufacturing popped 6 cents to end at $4.86 after trading 60,072 stocks. Lumber Depot lost 22 cents to close at $3.10 with an exchange of 943,890 shares, Mailpac Group rallied 13 cents in closing at $3.25, with 225,230 stocks crossing the exchange, Paramount Trading climbed 5 cents to $1.30 with the swapping of 5,000 units and Stationery and Office Supplies spiked 66 cents to close at $6.26 in switching ownership of 693 stock units.
Investor’s Choice bid-offer indicator shows six stocks ending with bids higher than their last selling prices and four with lower offers.
iCreate fell 5 cents in closing at 86 cents, with 100,948 stocks changing hands, Lasco Distributors spiked 5 cents to $3.10, with 60,310 stock units crossing the market, Limners and Bards lost 18 cents in ending at $3.37 after trading 136,434 units. Lumber Depot increased 57 cents in closing at $3.32 in an exchange of 4,083,632 shares, Mailpac Group declined 32 cents to $3.12 after exchanging 290,554 shares and Medical Disposables advanced 40 cents to end at $6.70, trading 19,149 stock units.
Trading averaged 4,232,879 shares at $11,695,845 in contrast to 84,664 shares at $568,851 on Thursday and month to date, averaging 1,386,894 units at $3,972,320, compared to 79,279 units at $423,673 previously. November closed with an average of 160,358 units at $581,730.
Jetcon Corporation lost 8 cents in ending at $1 with the swapping of 1,200 stocks, Knutsford Express rose 30 cents to finish at $8 with 112 stock units changing hands, Lasco Distributors lost 5 cents in closing at $3.05 with the transfer of 60,265 shares. Limners and Bards popped 10 cents to $3.55 in exchanging 15,000 stocks, Lumber Depot shed 15 cents to close at $2.75 with 141,232,699 shares clearing the market, Medical Disposables jumped 68 cents to $6.30 in trading 8,678 stock units and tTech gained 40 cents to end at $4.50 with 11,077 shares changing hands.