Trading closed on the Junior Market of the Jamaica Stock Exchange Wednesday, with the volume of stocks traded declining 55 percent and the value 58 percent lower than on Tuesday after trading took place in 41 securities compared with 40 on Tuesday and ended with prices of 11 rising, 24 declining and six closing unchanged.
A total of 9,199,758 shares were exchanged for $22,141,233 compared to 20,297,652 units at $52,761,871 on Tuesday.
Trading averaged 224,384 shares at $540,030, compared with 507,441 shares at $1,319,047 on Tuesday with the month to date, averaging 585,792 units at 1,127,771 compared with 608,277 stock units at $1,164,338 on Tuesday the previous day. February closed with an average of 318,024 units at $782,332.
Derrimon Trading led trading with 2.10 million shares for 22.8 percent of total volume followed by Mailpac Group with 1.59 million units for 17.2 percent of the day’s trade, Dolla Financial with 1.53 million units for 16.6 percent market share and Fosrich with 1.28 million units for 13.9 percent of the trading volume.
At the close, the Junior Market Index fell 46.89 points to end at 3,643.55.
The PE Ratio, a measure used to compute appropriate stock values, averages 10.8. The PE ratios of Junior Market stocks are computed using the last traded stock price in conjunction with ICInsider.com’s projected earnings for the financial years ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and eight with lower offers.
At the close, Access Financial declined 45 cents to end at $20.55, with an exchange of 100 shares, AMG Packaging increased 8 cents to $3.38 in trading 30,002 stocks, Cargo Handlers shed $1.09 in ending at $13.01 after investors traded 2,333 units. Caribbean Flavours lost 9 cents to close at $1.26 with an exchange of 194,228 stock units, Consolidated Bakeries dipped 20 cents to $2 after an exchange of 248,902 shares, 
Derrimon Trading dipped 10 cents to $2.05 in trading 2,098,597 stocks. Dolphin Cove fell 99 cents to end at $14.25 after 10,546 units changed hands, Fontana dipped 66 cents to a 52 weeks’ closing low of $7.51, with 52,622 stock units crossing the market, Honey Bun shed 35 cents in closing at $6.10 as investors exchanged 15,387 shares. Indies Pharma dropped 15 cents in ending at $2.71 with a transfer of 404,485 stocks, Jamaican Teas rallied 19 cents to $2.30 with investors transferring 15,150 stock units, JFP Ltd lost 9 cents in closing at $1.60 as 1,616 units passed through the market. Knutsford Express fell $1.15 after ending at $9 after an exchange of 17,979 stock units, Lasco Financial declined 16 cents to close at $2.55 in switching ownership of 21,263 stocks, Main Event gained 71 cents to end at $11.86, with 12,040 shares changing hands, 
Spur Tree Spices ended at a 52 weeks’ closing low of $2.51 after slipping 5 cents, with an exchange of 104,763 shares to close at $2.45 and Stationery and Office Supplies climbed 10 cents to $15 after a transfer of just two units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
