Big dive in Junior Market trading


Trading activity closed on the Junior Market of the Jamaica Stock Exchange Tuesday, with an 80 percent drop in the volume of stocks traded, with an 87 percent dive in value, with no stock filling the gap left by Dolla Financial that controlled 90 percent of trading on Monday, with trading ending with activities in 45 securities, down from 47 on Monday and ending with prices of 15 rising, 22 declining and eight closing unchanged.

The market closed with trading of 17,176,586 shares for $36,066,791 down sharply from 85,703,591 units at $267,676,941 on Monday.
Trading averaged 381,702 shares at $801,484 compared to 1,823,481 stocks at $5,695,254 on Monday with trading for the month to date, averaging 402,741 stock units for $1,062,410 compared with 405,865 stock units at $1,101,161 on the previous day and October that ended with an average of 196,034 shares at $399,810.
Stationery and Office Supplies led trading with 8.07 million shares for 47 percent of total volume followed by Dolla Financial with 5.31 million stock units for 30.9 percent of the day’s trade and Jamaican Teas with 1.03 million units for 6 percent of the day’s trade.
At the close of trading, the Junior Market Index skidded 27.66 points to conclude trading at 3,697.98. The Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and three with lower offers.
The Junior Market ended trading with an average PE Ratio of 12.6, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close of the market, Access Financial sank 68 cents to close at $19.51 with trading in just one stock, Blue Power dipped 26 cents to $4.13 after 2,000 units changed hands, CAC 2000 fell 40 cents and ended at $2.30 with 30,546 shares passing through the market. Caribbean Assurance Brokers slipped 55 cents to end at $2.95 with investors swapping a mere 32 stock units, Caribbean Cream increased 12 cents to close at $3.29 with an exchange of 10,671 shares, Consolidated Bakeries sank 10 cents to finish at $2.10 with 30,594 stocks crossing the market. Derrimon Trading climbed 9 cents and ended at $2.04 as investors exchanged 145,219 units, Dolla Financial declined 32 cents to $3 with 5,311,498 stock units switching owners, Dolphin Cove shed 48 cents to close at $20 as 43,020 shares crossed the exchange. Fontana dropped 8 cents to finish at $7.95 with investors trading 9,614 stock units, Honey Bun popped 20 cents in closing at $8.70 in an exchange of 22,610 units, Indies Pharma rallied 8 cents to end at $3.03 with 800 stocks changing hands. Lasco Financial lost 11 cents to $1.76 as 75 shares were traded, Limners and Bards skidded 8 cents to finish at $1.28 after a transfer of 6,250 units, Lumber Depot rose 9 cents and ended at $2.77 with investors dealing in 56,100 stocks. MFS Capital Partners advanced 8 cents in closing at 68 cents with a transfer of a mere 10 stock units and Stationery and Office Supplies sank 8 cents to close at $1.60 while 8,068,243 shares crossed the market.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Dolla Financial pumps up Junior Market trades


In the Junior Market of the Jamaica Stock Exchange on Monday with 76.83 million shares and accounted for nearly 90 percent of 85,703,591 shares that were traded for $267,676,941 with the volume traded surging 2,573 percent and valued 6,407 percent more than Friday’s outturn o 3,206,080 units at $4,113,490 following trading in 47 securities up from 42 on Friday and ending with prices of 16 rising, 17 declining and 14 closing unchanged.

Trading averaged 1,823,481 shares at $5,695,254 compared with 76,335 stocks at $97,940 on Friday with the month to date, averaging 405,865 stock units at $1,101,161 compared to 145,600 shares at $27,714 on the previous trading day and October with an average of 196,034 shares at $399,810.
Dolla Financial led trading with 76.83 million shares for 89.6 percent of total volume followed by One Great Studio with 2.64 million stock units for 3.1 percent of the day’s trade and Derrimon Trading with 1.70 million units for 2 percent of stocks traded.
At the close of trading, the Junior Market Index skidded 57.75 points to finish at 3,725.64. The Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and two with lower offers, suggesting a mildly positive opening on Tuesday.
The Junior Market ended trading with an average PE Ratio of 12.7, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close, of the market,Access Financial rose 12 cents in closing at $20.19 with an exchange of 3,428 stock units, Cargo Handlers dipped $2.14 to $10.26 with 1,670 shares crossing the market, Caribbean Assurance Brokers advanced 23 cents to end at $3.50 with a transfer of 465 stocks. Caribbean Flavours popped 27 cents and ended at $1.42 with 9,049 units changing hands at the close of trading, Consolidated Bakeries fell 5 cents to close at $2.20 after a transfer of 7,396 stocks, Derrimon Trading climbed 4 cents to finish at $1.95 as 1,698,069 units passed through the market. Dolla Financial declined 13 cents and ended at $3.32 after an exchange of 76,829,525 shares, Dolphin Cove increased 38 cents to $20.48 with investors swapping 17,556 stock units, Future Energy rallied 14 cents to end at $3.75 with 58,859 shares crossing the market. Honey Bun shed 10 cents in closing at $8.50 with investors trading 8,281 stock units, Indies Pharma lost 9 cents to finish at $2.95 with 51,615 units changing hands, Knutsford Express gained 45 cents to close at $12.45 with traders dealing in 3,800 stocks. Lumber Depot sank 10 cents to $2.68 with 73,505 units clearing the market, Mailpac Group slipped 5 cents to end at $2.45 with 839,590 stocks in switching owners, MFS Capital Partners sank 9 cents in closing at 60 cents after an exchange of 10,033 shares. Stationery and Office Supplies rose 5 cents and ended at $1.68 with 48,067 stock units trading and tTech skidded 14 cents to finish at $2 with 61,857 shares being traded.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Junior Market trading plunges on Friday

Trading activity dived sharply on the Junior Market of the Jamaica Stock Exchange on Friday, with a 74 percent drop in the volume of stocks traded, having an 84 percent lower value than Thursday with even as trading resulted in activities in more securities than Thursday with 42 securities changing hands up from 39 and ending with prices of 11 rising, 20 declining and 11 closing unchanged.

Trading ended with 3,206,080 shares being traded for $4,113,490 down sharply from 12,247,617 stock units at $25,016,931 on Thursday.
Trading averaged 76,335 shares at $97,940 compared to 314,041 stocks at $641,460 on Thursday with trading for the month to date, averaging 145,600 units at $257,714 compared with 159,194 stock units at $289,072 on the previous day and in October with an average of 196,034 shares at $399,810.
EduFocal led trading with 2.04 million shares for 63.6 percent of total volume followed by Spur Tree Spices with 244,502 units for 7.6 percent of the day’s trade and Dolla Financial with 124,039 stock units for 3.9 percent share of the market.
At the close of trading, the Junior Market Index rose 10.77 points to end at 3,783.39. The Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and five with lower offers.
The Junior Market ended trading with an average PE Ratio of 12.2, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close, Access Financial rallied $1.07 to $20.07 with 29 units clearing the market, following release of second quarter results with a series of errors in the income statement. AMG Packaging dipped 5 cents to $3.15, with 1,950 stock units crossing the exchange, Caribbean Assurance Brokers rose 7 cents and ended at $3.27 with 9,630 stocks having been traded, Caribbean Cream fell 28 cents to close at $3.17 as 790 shares passed through the market. Caribbean Flavours slipped 29 cents to finish at $1.15 with investors trading 103,060 stock units, Dolla Financial increased 5 cents to close at $3.45 after an exchange of 124,039 stocks, Dolphin Cove sank 39 cents to end at $20.10 with 33,763 shares switching owners,  Fontana lost 7 cents in closing at $8.03 after an exchange of 16,438 units. Future Energy sank 19 cents to $3.61 with 100,506 stocks being traded, Honey Bun skidded 10 cents to close at $8.60 with an exchange of 25,436 stock units, Knutsford Express declined 45 cents in closing at $12 with 1,400 shares changing hands, Medical Disposables shed 17 cents and ended at $2.10 after an exchange of 7,683 stock unit. MFS Capital Partners climbed 5 cents to 69 cents with 12,886 shares clearing the market and Spur Tree Spices slipped 5 cents to close at $1.90 as investors exchanged 244,502 stocks. .

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading surges on Junior Market


Trading surged on the Junior Market of the Jamaica Stock Exchange Thursday, with a 221 percent jump in the volume of stocks traded, accompanied by a 311 percent surge in value over Wednesday, following trading in 39 securities, down from 44 on Wednesday and ending with prices of 14 rising, 10 declining and 15 closing unchanged, but that did not prevent the market value from declining at the close.

The market closed with trading of 12,247,617 shares for $25,016,931 up sharply from 3,813,362 units at $6,091,200 on Wednesday. Trading averaged 314,041 shares valued at $641,460 compared to 86,667 units at $138,436 on Wednesday with the month to date, averaging 159,194 units at $289,072 up from 124,685 stock units at $210,540 on the previous day and October with an average of 196,034 shares at $399,810.
Jamaican Teas led trading with 5.62 million shares for 45.9 percent of total volume followed by Mailpac Group with 1.72 million stock units for 14.1 percent of the day’s trade and One Great Studio with 1.55 million units for 12.7 percent of the day’s trade.
At the close of trading, the Junior Market Index shed 31.79 points to close at 3,772.62. The Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and three with lower offers.
The Junior Market ended trading with an average PE Ratio of 12.3, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close of market activities, Blue Power advanced 40 cents to $4.40 after an exchange of 11,304 units, Caribbean Assurance Brokers rose 40 cents to finish at $3.20 with 4,038 stocks crossing the market, Derrimon Trading slipped 8 cents and ended at $1.90 after an exchange of 954,137 shares. Dolla Financial fell 8 cents to end at $3.40 with 224,857 stock units traded, Elite Diagnostic lost 9 cents in closing at $2.21 in an exchange of 8,000 shares, Indies Pharma slipped 4 cents to end at $3 after 26,078 stocks changed hands. Jamaican Teas rose 4 cents in closing at $2.25 with investors trading 5,616,727 units, Knutsford Express gained 53 cents to close at $12.45 with 4,015 units crossing the market. MFS Capital Partners fell 4 cents to end at 64 cents with investors trading 5,437 shares. Paramount Trading dipped 4 cents to finish at $1.30 with a mere two stock units crossing the exchange, Regency Petroleum popped 7 cents to $2.89 with an exchange of 15,797 stocks, Stationery and Office Supplies dropped 9 cents to finish at $1.59 and closed with an exchange of 90,792 stock units and Tropical Battery rallied 10 cents and ended at $2.47 after a transfer of 35,984 shares.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE Main Market jumps Junior Market falls


Trading on Thursday on the Jamaica Stock Exchange ended with a rise in the volume of stocks that were exchanged with a lower value than on Wednesday, resulting in Main Market major indices rising, the Junior Market’s closing down and the JSE USD Market rising. At the close, trading resulted in prices of 38 shares rising, 31 declining and 36 remaining firm.

At the close of trading the JSE Combined Market Index rallied 1,932.36 points to wrap up trading at 332,414.23, the All Jamaican Composite Index popped 3,204.71 points to 365,804.08, the JSE Main Index climbed 2,259.74 points to finish at 319,322.13, the Junior Market Index fell 31.79 points to close at 3,772.62, and the JSE USD Market Index popped 6.17 points to wrap-up trading at 241.51.
At the close of trading, 19,717,982 shares were exchanged in all three markets, up from 12,793,349 units on Wednesday, with the value of stocks traded on the Junior and Main markets amounted to $75 million, which is lower than the $274.1 million on the previous day and the JSE USD market closed with an exchange of 200,050 shares for US$36,385 compared to 149,669 units at US$12,181 on Wednesday.
In Main Market activity, Wigton Energy led trading with 2.10 million stocks followed by Transjamaican Highway with 1.24 million shares and QWI Investments with 1.13 million units.
In Junior Market trading, Jamaican Teas led with 5.62 million stocks followed by Mailpac Group with 1.72 million shares and One Great Studio with 1.55 million units.
In the preference segment, 138 Student Living preference share fell $17 in closing at $193.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13.1 based on 2024-25 projected earnings and 21.3 based on 2023-24 historical earnings. The ICInsider.com PE ratio chart and the other more detailed daily charts provide investors with regularly updated information to help decision-making. The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons within a sector and the overall market. 

Earnings per share (EPS) and PE ratios are based on 2023 and 2024 actual or projected earnings, excluding any major time income or expenses.
Pertinent information is required to navigate numerous investment options successfully in the stock market.  The chart should be used in making rational decisions when investing in stocks close to the average for the sector, not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock.

The net asset value of each company is incorporated into the chart. Investors can use this measure in assessing stock values. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends that are paid or are due to be paid and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume of the highest bid and the lowest offer for each company.


 

Junior Market slips on reduced trading


Trading activity closed on the Junior Market of the Jamaica Stock Exchange Wednesday, with a 48 percent decline in the volume of stocks traded, with 47 percent lower value than Tuesday with trading in 44 securities compared with 43 on Tuesday and ending with prices of 13 rising, 20 declining and 11 closing unchanged with the majority of price changes being less than 5 cents.

The market closed with trading of 3,813,362 shares for $6,091,200 down from 7,274,557 stock units at $11,419,273 on Tuesday.
Trading averaged 86,667 shares at $138,436 compared with 169,176 stocks at $265,564 on Tuesday with the month  to date  ending with an average of 124,685 stock units at $210,540 up from 137,454 stock units at $234,758 on the previous day and October with an average of 196,034 shares at $399,810.
One Great Studio led trading with 1.06 million shares for 27.8 percent of total volume followed by Jamaican Teas with 758,197 units for 19.9 percent of the day’s trade and Omni Industries with 524,168 stock units for 13.7 percent market share.
At the close of trading, the Junior Market Index lost 11.82 points to 3,804.41. The Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and none with a lower offer.
The Junior Market ended trading with an average PE Ratio of 12.3, based on last traded prices in conjunction with ICInsider.com projected earnings for financial years ending around August 2025. 

At the close, Access Financial dropped $1.09 and ended at $19 in switching ownership of 3,727 shares, Caribbean Assurance Brokers sank 79 cents to $2.80 after closing with an exchange of 50,453 stocks, Caribbean Flavours gained 21 cents to end at $1.44 as investors traded a mere 454 shares. Consolidated Bakeries popped 8 cents in closing at $2.25 with investors trading 22,989 stock units, Derrimon Trading dipped 16 cents to finish at $1.98 with investors dealing in 110,014 shares, Everything Freshr allied 28 cents to close at $2.38 after an exchange of 493 stock units. Indies Pharma fell 9 cents to $3.04 with a transfer of 39,185 stocks, Knutsford Express shed 8 cents and ended at $11.92 with 2,437 units crossing the market, Limners and Bards increased 12 cents to end at $1.35 with an exchange of 13,301 stocks. Mailpac Group lost 6 cents in closing at $2.50 with 275,679 units changing hands and Omni Industries popped 5 cents to close at $1.09 with 524,168 shares crossing the exchange.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading gains for Junior Market


Trading activity closed on the Junior Market of the Jamaica Stock Exchange Tuesday, with a 32 percent rise in the volume of stocks traded, with a 7 percent climb in value over Monday following trading in 43 securities down from 48 on Monday and ending with prices of 15 rising, 18 declining and 10 closing unchanged.

The market closed with trading of 7,274,557 shares for $11,419,273 up from 5,503,198 units at $10,659,278 on Monday. Trading averaged 169,176 stock units at $265,564 compared with 114,650 shares for $222,068 on Monday with the month to date, averaging 137,454 stock units at $234,758 compared with 121,954 shares at $219,704 on the previous day and October with an average of 196,034 shares at $399,810.

Image Plus led trading with 3.20 million shares for 44 percent of total volume followed by MFS Capital Partners with 1.44 million units for 19.8 percent of the day’s trade and Everything Fresh with 821,345 stock units for 11.3 percent market share.
At the close of trading, the Junior Market Index rallied 10.80 points to wrap up trading at 3,816.23. The Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and five with lower offers.
The Junior Market ended trading with an average PE Ratio of 12.3, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close of trading on a stormy day, Access Financial rose 9 cents to close at $20.09 with an exchange of 12,032 stocks, Blue Power shed 40 cents to end at $4 with 1,947 units crossing the market, Cargo Handlers rallied $2.19 to end at $12.40 with investors swapping 726 shares. Caribbean Flavours dropped 23 cents in closing at $1.23 after an exchange of 265,770 stock units, Dolphin Cove popped 58 cents and ended at $20.48, with 17,612 shares crossing the market, Everything Fresh fell 30 cents to finish at $2.10 as investors exchanged 821,345 stocks. Fontana gained 7 cents to close at $8.07 with a transfer of 38,684 units, Image Plus dipped 7 cents to finish at $1.59 with investors dealing in 3,197,999 stock units, Jetcon Corporation climbed 17 cents and ended at a 52 weeks; high of $1.35 with 7,500 shares crossing the exchange. JFP Ltd sank 9 cents in closing at $1 in switching ownership of 273,160 stock units, Knutsford Express declined 55 cents to close at $12 after 914 stocks passed through the market, Lumber Depot increased 9 cents to end at $2.79 in trading 4,738 units. MFS Capital Partners advanced 10 cents to 70 cents with 1,443,520 stocks changing hands and Spur Tree Spices rose 12 cents in closing at $1.95 with an exchange of 48,980 units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Steady Junior Market trades


Trading was fairly steady on the Junior Market of the Jamaica Stock Exchange Monday, with a 5 percent rise in the volume of stocks traded, with a 23 percent greater value than Friday with trading in all 48 listed securities up from 40 on Friday and ending with prices of 17 rising, 17 declining and 14 closing unchanged.

The market closed with trading of 5,503,198 shares for $10,659,278 up from 5,228,714 units at $8,674,718 on Friday.
Trading averaged 114,650 shares at $222,068 compared with 130,718 stocks at $216,868 on Friday with the month to date, averaging 121,954 units at $219,704 compared with October with an average of 196,034 shares at $399,810.
EduFocal led trading with 883,939 shares for 16.1 percent of total volume followed by Dolla Financial with 582,700 units for 10.6 percent of the day’s trade and Spur Tree Spices with 501,299 stock units for 9.1 percent market share.
At the close of trading, the Junior Market Index gained 12.84 points to close trading at 3,805.43. The Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and three with lower offers.
The Junior Market ended trading with an average PE Ratio of 12.3, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close, Access Financial rallied $2.11 in closing at $20 with 17,363 stock units crossing the market, Cargo Handlers dipped $2.18 to $10.21 after an exchange of 26 shares, Dolla Financial increased 15 cents and ended at $3.50 with 582,700 stocks changing hands. Dolphin Cove fell 60 cents to end at $19.90 with traders dealing in 52,792 units, Everything Fresh popped 10 cents to finish at $2.40 in switching ownership of 9,668 stocks, Fontana slipped 8 cents to close at $8 with 37,117 units crossing the exchange. Indies Pharma gained 13 cents to close at $3.13 with investors trading 73,089 shares, ISP Finance lost 75 cents to end at $24 after an exchange of just 13 stock units. 

Jetcon Corporation rose 7 cents in closing at $1.18 with investors trading 69,870 shares. JFP Ltd advanced 12 cents to finish at $1.09 with investors dealing in 15,968 stock units, Limners and Bards skidded 22 cents and ended at $1.23 with 164,211 units clearing the market, Lumber Depot slipped 10 cents to close at $2.70 with an exchange of 19,292 stocks. Mailpac Group shed 8 cents to end at $2.57 and closed with 14,878 shares being traded, Regency Petroleum dropped 9 cents and ended at $2.90 with investors swapping 460,971 stocks and Spur Tree Spices sank 11 cents to close at $1.83 after 501,299 units passed through the market.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading dropped sharply on Junior Market


Trading dropped sharply on the Junior Market of the Jamaica Stock Exchange on Friday, compared to Thursday, with a 74 percent decline in the volume of stocks traded, with 80 percent lower value, following trading in 40 securities down from 45 on Thursday and ending with prices of 15 rising, 16 declining and nine closing unchanged.

The market closed with trading of 5,228,714 shares for $8,674,718 compared to 20,497,379 stock units at $43,414,703 on Thursday.
Trading averaged 130,718 shares at $216,868 compared with 455,497 stocks at $964,771 on Thursday with the month to date and October with an average of 196,034 shares at $399,810.
ONE on ONE Educational led trading with 1.50 million shares for 28.7 percent of total volume followed by JFP Ltd with 1.32 million units for 25.3 percent of the day’s trade and Fosrich with 543,515 stock units for 10.4 percent market share.
At the close of trading, the Junior Market Index slipped 19.29 points to close trading at 3,792.59. The Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and eight with lower offers.
The Junior Market ended trading with an average PE Ratio of 12.3, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close, Access Financial declined $2.11 to finish at $17.89 with just 20 stock units crossing the market, Blue Power rose 7 cents to $4.39 in switching 1,981 shares, Caribbean Assurance Brokers advanced 27 cents to $3.57 with investors trading 66,980 stocks. Derrimon Trading popped 12 cents to close at $2.10 in an exchange of 20 units, Everything Fresh lost 15 cents in closing at $2.30 after 1,000 shares passed through the market, Fontana skidded 11 cents to end at $8.08 as investors exchanged 16,520 units. Future Energy sank 8 cents to $3.82 with 209,356 stocks changing hands, Honey Bun increased 48 cents and ended at $8.70 with investors trading 37,305 stock units, Indies Pharma dipped 17 cents to close at $3 after an exchange of 308,713 shares. Jamaican Teas fell 9 cents in closing at $2.26 with investors swapping 20,100 stocks, JFP Ltd dropped 19 cents to finish at 97 cents in an exchange of 1,324,209 units, Knutsford Express climbed 11 cents to end at $12.55 with traders dealing in 3,894 stock units. Mailpac Group shed 15 cents in closing at $2.65 after an exchange of 30,550 shares, One Great Studio fell 10 cents to a 52 weeks’ low of 65 cents with a transfer of 251,763 units and Tropical Battery slipped 7 cents to finish at $2.35 with 63,630 stocks clearing the market.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Iron Rock tops Junior Market performance


Iron Rock Insurance is the top performing stock to the end of October on the Jamaica Stock Exchange Junior Market with a rise of 75 percent following b full year results for 2023 as it bettered the performance with increased revenues and profits for the six months to June.

The market ended the year to date with ten stocks gaining 21 percent and over while the Junior Market index fell 0.9 percent for the year to date. Overall 19 stocks gained and 29 declined. The main feature of rising stocks is due to increased profits and reinforced the concept that profit performance is the major driver of stock prices.
Blue Power was the second best performer up 62 percent followed by Everything Fresh with a gain of 59 percent resulting from a b turnaround in profits, Caribbean Brokers ended with a 49 percent pop and Elite Diagnostic 34 percent, with the company posting b fourth quarter results to June.
Edufocal delivered a huge 78 percent fall for investors, followed by MFS Partners, CAC 2000 fell 43 percent KLE Group 32 percent and Spur Tree 31 percent. The sharp decline in price is primarily due to companies making losses or with profits falling below the prior year.