Newly listed One Great Studio dominated Junior Market trading on the Jamaica Stock Exchange on Wednesday, pushing the volume of stocks traded up 53 percent and the value 66 percent more than Tuesday with trading in 44 securities compared with 42 on Tuesday and ended with prices of just 11 rising, 22 declining and 11 closing unchanged.
One Great Studio led trading with 21.66 million shares for 82.7 percent of total volume followed by Derrimon Trading with 900,000 units for 3.4 percent of the day’s trade and Dolla Financial with 713,784 units for 2.7 percent market share.
Investors traded 26,192,370 shares for $36,308,731 against 17,126,215 units at $21,864,015 on Tuesday.
Trading averaged 595,281 shares at $825,198, up from 407,767 stocks at $520,572 on Tuesday with the month to date, averaging 177,933 units at $348,698 compared with 143,154 stock units at $308,990 on the previous day. August closed with an average of 183,001 shares at $460,354.
At the close, the Junior Market Index gained 13.23 points to close at 3,783.25.
The Junior Market ended trading with an average PE Ratio of 10.3, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Access Financial fell 5 cents to $24.95 while exchanging 3,324 shares, CAC 2000 increased 36 cents in closing at $3.88 as investors traded 200 stock units, Caribbean Assurance Brokers climbed 9 cents to end at $2.83 in switching ownership of 10,832 stocks, Consolidated Bakeries rose 32 cents to $2.42 with a transfer of 1,386 units. Derrimon Trading shed 50 cents to close at $1.50 with investors transferring 900,000 stocks, Dolphin Cove skidded 16 cents to end at $16 with an exchange of 69,012 units, EduFocal lost 13 cents to end at $1.22 after 20,157 shares passed through the market, Elite Diagnostic dropped 16 cents to close at $1.65 with 10,274 stock units clearing the market. Fosrich popped 5 cents and ended at $2.09 with an exchange of 452,242 shares, General Accident advanced 12 cents in closing at $5.10 with investors dealing in 97,478 stock units,
Honey Bun declined 45 cents to $6 in an exchange of 164,387 units, Iron Rock Insurance dipped 10 cents to close at $2 with stakeholders exchanging 2,509 stocks. ISP Finance dipped 95 cents and ended at $44. With investors trading 97 stock units, Jamaican Teas rallied 20 cents to end at $2 after 4,917 stocks crossed the market, JFP Ltd declined 6 cents in closing at $1.44 after an exchange of 51,048 shares, Knutsford Express gained 43 cents to close at $11.43 with shareholders swapping 314 units. Lasco Manufacturing gained 12 cents to $5.32 in an exchange of 1,229 shares, Limners and Bards lost 10 cents in closing at $1.68, with 14,926 units crossing the exchange, Paramount Trading climbed 5 cents to end at $2 in trading 3,667 stocks. Spur Tree Spices fell 12 cents and ended at $2.02 with traders dealing in 67,664 stock units,
Stationery and Office Supplies shed 7 cents to end at $1.58 after a transfer of 426,793 stock units and Tropical Battery dropped 10 cents to $1.90, with 30,221 shares changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Investors traded 17,126,215 shares for $21,864,015 versus 4,843,898 units at $11,250,151 on Monday.
The Junior Market ended trading with an average PE Ratio of 10.3, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending between November 2023 and August 2024.
Honey Bun skidded 5 cents and ended at $6.45 while trading 14,285 shares, Indies Pharma fell 8 cents to close at $2.90 with stakeholders exchanging 23,822 stock units. Jamaican Teas lost 20 cents to end at a 52 weeks’ low of $1.80 after an exchange of 11,239 stock units, JFP Ltd declined 7 cents to $1.50 as investors exchanged 13,416 shares, KLE Group fell 5 cents to $1.50 with 50 stocks changing hands, Knutsford Express skidded 45 cents to end at $11 with a transfer of 1,737 units. Main Event shed 49 cents and ended at $14.50 with shareholders swapping 517 stock units, newly listed, One Great Studio rallied 14 cents to a record close of $1.14 after an exchange of 14,087,445 units and hitting a high of $1.29. Paramount Trading dropped 5 cents in closing at $1.95 after 100 stocks crossed the exchange, Regency Petroleum advanced 7 cents and ended at $2.20 in trading 171,249 shares,
Stationery and Office Supplies dipped 9 cents to end at $1.65 and closed after 597,718 stocks were traded and Tropical Battery climbed 11 cents in closing at $2 with investors dealing in 185,951 stock units.
Investors exchanged 4,843,898 shares for $11,250,151 compared to 1,971,310 units at $4,610,291 on Friday.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and three with lower offers.
Jamaican Teas dropped 6 cents to close at $2 after 68,896 stocks changed hands, but only after hitting an intraday 52 week’s low of $1.75. Knutsford Express rose 20 cents in closing at $11.45 with investors transferring 2,061 stock units, Lasco Distributors shed 10 cents and ended at $4.35 with a transfer of 53,195 units, Lasco Manufacturing lost 5 cents to end at $5.20 after an exchange of 63,824 stock units, Limners and Bards increased 12 cents to $1.80 after 23,670 stocks passed through the market. Main Event fell 26 cents to end at $14.99 in switching ownership of 67,532 shares, MFS Capital Partners dipped 20 cents to $2 with investors exchanging 137,500 shares, Paramount Trading advanced 7 cents and ended at $2 while 500 stocks were treated.
Regency Petroleum declined 10 cents to close at $2.13 with an exchange of 791,364 stock units and Spur Tree Spices popped 8 cents in closing at $2.14 with 5,322 units being traded.
Investors traded 1,971,310 shares for $4,610,291 versus 11,110,231 units at $23,817,408 on Thursday.
The Junior Market ended trading with an average PE Ratio of 10.7, based on the last traded price in conjunction with earnings projected by ICInsider.com for the financial years ending between November 2023 and August 2024.
JFP Ltd rose 17 cents in closing at $1.58 with investors trading in 22,394 units, Knutsford Express increased $1.01 in closing at $11.25 with an exchange of 34 stock units, Lasco Financial popped 15 cents and ended at $1.90 in switching ownership of 9,903 shares. Lumber Depot advanced 17 cents to close at $1.98, with 29,182 stocks changing hands, Main Event increased $1.06 to end at $15.25 after 10,538 stock units passed through the market, MFS Capital Partners rose 10 cents to $2.20 as investors exchanged 135,372 shares. Regency Petroleum climbed 8 cents to end at $2.23 with stakeholders trading 34,738 units, Stationery and Office Supplies skidded 7 cents to $1.71 after a transfer of 165,774 shares,
Tropical Battery fell 10 cents and ended at $1.90 with a transfer of 100,109 stocks and tTech gained 13 cents in closing at $2.48 in an exchange of just one stock unit.
Investors traded 11,110,231 shares for $23,817,408 up from 3,026,858 units at $8,218,631 on Wednesday.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and one with a lower offer.
General Accident slipped 5 cents and ended at $4.85 with investors trading 112 stocks, Honey Bun popped 11 cents to close at $6.71 with shareholders swapping 314,857 shares, ISP Finance climbed 75 cents in closing at 52 weeks’ high of $44.95 with stakeholders exchanging 10 stock units. Knutsford Express fell $1.01 to $10.24 in switching ownership of 4,428 shares, Lasco Distributors popped 10 cents to $4.45 as investors exchanged 52,306 stocks, Lumber Depot lost 25 cents in closing at $1.81 with 418,304 units clearing the market. Main Event shed $1.31 and ended at $14.19 after an exchange of 5,868 shares, MFS Capital Partners shed 15 cents to end at a 52 weeks’ low of $2.10 after trading in 214,932 units,
Paramount Trading lost 7 cents to close at $1.93 after a transfer of 26,357 stock units and Tropical Battery rose 10 cents and ended at $2 with traders dealing in 51,873 stocks.
that was not enough to quell the negative pull of 17 other stocks that declined as the volume of stocks traded was moderately higher and the value 24 percent greater than in trading on Tuesday.
Future Energy Source led trading with 744,736 shares for 24.6 percent of total volume followed by JFP Ltd with 600,551 units for 19.8 percent of the day’s trade and ONE on ONE Educational with 229,220 units for 7.6 percent market share.
EduFocal increased 21 cents to $1.46 with investors trading 145,666 stocks. Express Catering rallied 35 cents to close at $4.85, with 240 units crossing the market, Fosrich advanced 11 cents in closing at $2.04 with shareholders swapping 99,691 stock units, Future Energy Source fell 10 cents and ended at $3.30, with 744,736 stock units crossing the market. ISP Finance surged $10.20 to end at a 52 weeks’ high of $44.20 after investors traded 7,716 stocks, Lasco Financial dropped 15 cents to close at a 52 weeks’ low of $1.75 and closed after 166,806 units changed hands, Lasco Manufacturing declined 8 cents and ended at $5.20 as investors exchanged 155,801 shares. Limners and Bards shed 5 cents in closing at $1.70 with an exchange of 3,535 shares, Lumber Depot gained 6 cents to close at $2.06 after trading 20,521 stock units,
Tropical Battery slippped 6 cents in closing at $1.90 after a transfer of 109,191 stocks and tTech dipped 13 cents to $2.35 with stakeholders trading a mere 199 shares.
declining with a 25 percent lower value than Monday following trading of 40 securities the same number as Monday as the Junior Market Index inched 2.32 points higher to end at 3,777.54.
The PE ratios of Junior Market stocks are computed using the last traded price in conjunction with projected earnings done by ICInsider.com’s for the financial years ending between November 2023 and August 2024.
Future Energy Source advanced 9 cents to close at $3.40, with investors trading 124,589 stocks, GWest Corporation increased 9 cents and ended at 97 cents, with 87 shares crossing the market. Honey Bun popped 7 cents to end at $6.60 after 2,547 shares passed through the exchange, Indies Pharma declined 15 cents in closing at $3 with stakeholders exchanging 538 stocks, Knutsford Express rallied $2.74 to close at $11.25 after 359 units passed through the market, Limners and Bards dropped 15 cents and ended at $1.75 after closing with 207,912 stock units changing hands. Lumber Depot climbed 9 cents in closing at $2 with a transfer of 6,352 stock units, Main Event skidded $1.25 to $15.50 with shareholders swapping 3,850 units,
Medical Disposables popped 22 cents to end at $4.24 as investors exchanged 1,177 stocks and Paramount Trading rose 18 cents to end at $1.98 after a transfer of 3,033 shares.
Investors traded 3,594,328 shares for $8,871,607, down from 7,272,753 units at $19,023,620 on Friday.
The PE Ratio, a measure of computing appropriate stock values, averages 10.3. The PE ratios of Junior Market stocks are computed using the last traded price in conjunction with ICInsider.com’s projected earnings for the financial years ending between November 2023 and August 2024.
Dolla Financial skidded 17 cents to $2.31 in trading 735,087 stock units, Everything Fresh advanced 21 cents to end at $1.51 with investors dealing in 2,150 units, Fosrich lost 23 cents to close at $1.95 as investors exchanged 97,948 shares, Future Energy Source dipped 10 cents in closing at $3.31 with 226,383 stocks changing hands. Honey Bun shed 7 cents and ended at $6.53 with traders dealing in 300 stocks, JFP Ltd declined 20 cents to $1.45 after investors traded 9,337 shares, Knutsford Express fell $2.99 in closing at $8.51 with a transfer of 14,328 stock units, Lasco Financial increased 8 cents to $1.90 with an exchange of 3,160 units. Lumber Depot dipped 14 cents and ended at $1.91 with investors trading 218,565 shares, Main Event rallied 65 cents to close at $16.75 while exchanging 2,212 stock units,
Medical Disposables skidded 8 cents to end at $4.02 with 300 stocks crossing the market and Paramount Trading lost 20 cents to end at $1.80 after exchanging 5,079 units.
closing unchanged.
PE ratios of Junior Market stocks are computed using the last traded price in conjunction with ICInsider.com’s projected earnings for the financial years ending between November 2023 and August 2024.
Indies Pharma rose 15 cents to $3.15 in switching ownership of 10,387 shares, JFP Ltd rallied 15 cents to close at $1.65 after 684,020 units passed through the market, Lasco Financial fell 8 cents to $1.82 with investors trading 12,245 stocks. Lasco Manufacturing popped 11 cents $5.32 after an exchange of 1,843 shares, Limners and Bards advanced 20 cents in closing at $1.95 with just 100 units changing hands, Lumber Depot dropped 15 cents to $2.05 with shareholders swapping 58,865 stock units, Main Event climbed $1.04 to end at $16.10 in an exchange of 115,807 stocks. Stationery and Office Supplies skidded 13 cents in closing at $1.84 after exchanging 482,073 stocks,
Tropical Battery shed 7 cents and ended at $1.92 in an exchange of 132,500 units and tTech gained 28 cents to close at $2.48 while 1,035 stock units were traded.
Investors traded 4,860,312 shares for $11,208,181 down marginally from 5,058,766 units at $11,709,970 on Wednesday.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and two with lower offers.
Future Energy Source climbed 8 cents and ended at $3.44 with trading in 1,407,267 stock units, General Accident gained 10 cents in closing at $5 with 40,200 shares clearing the market, Knutsford Express popped 50 cents to close at $11.50 as investors exchanged 1,249 stocks. Limners and Bards fell 15 cents to $1.75 in an exchange of 208,234 shares, Lumber Depot declined 8 cents to end at $2.20 with traders dealing in 9,921 units, Main Event shed 94 cents and ended at $15.06 after a transfer of 2,076 stocks, Medical Disposables dropped 15 cents and ended at $4.10 after investors exchanged 1,000 stock units. MFS Capital Partners fell 13 cents to end at $2.36 with a transfer of 66,700 stocks, Spur Tree Spices skidded 9 cents in closing at $2.04 while exchanging 571,162 stock units,
Stationery and Office Supplies advanced 10 cents to close at $1.97, with 254,738 shares crossing the market and tTech dipped 15 cents to $2.20 after 100 units were traded.