Falling stocks dominates Junior Market

Trading closed on Monday, with all stocks being active, except for suspended iCreate at the close of the Junior Market on the Jamaica Stock Exchange, with the volume of stocks traded rising 32 percent following a 30 percent rise in the value compared to Friday with trading in 47 securities up from 42 on Friday and ending with prices of 13 rising, 24 declining and 10 closing unchanged.
Trading closed on Monday after 5,643,750 shares were exchanged for $14,776,971 up from 4,262,868 units at $11,405,667 on Friday.
Trading averaged 120,080 shares at $314,404, compared with 101,497 units at $271,563 on Friday with the month to date, averaging 192,852 units at $464,162 compared with  200,192 stock units at $479,266 on the previous day and January with an average of 175,081 units at $401,738.
Stationery and Office Supplies was the traded stock with 1.46 million shares followed by Regency Petroleum with 685,156 units and Image Plus with 493,784 units for 8.7 percent market share.
At the close of trading, the Junior Market Index dipped 19.99 points to end at 3,792.90.
The Junior Market ended trading with an average PE Ratio of 13, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending around August 2024.
Investor’s Choice bid-offer indicator shows seven stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, AMG Packaging climbed 9 cents to end at $3.09 in switching ownership of 15,563 shares, Blue Power declined 50 cents in closing at $2.85 after an exchange of 434 units, CAC 2000 rose 30 cents to $4.51, after hitting a 52 weeks’ intraday low of $3.02 with investors dealing in just 4 shares. Cargo Handlers shed 59 cents and ended at $14 after 713 stocks passed through the market, Caribbean Assurance Brokers lost 27 cents in closing at $2.13 with investors swapping 64,750 shares, Caribbean Cream skidded 55 cents to $3.35 in an exchange of 100,615 stocks. Consolidated Bakeries advanced 22 cents to close at $2.20 after trading 61 units, Dolphin Cove fell 47 cents to $18.50 while exchanging 862 stock units, Express Catering sank 19 cents to $3.80 with a transfer of 148,713 shares. Fontana dipped 25 cents and ended at $10 as investors exchanged 297,440 stock units, Honey Bun dropped 24 cents to $6.45, with 2,369 stocks crossing the market, ISP Finance popped $5.98 to end at $31 after exchanging 1,978 units. Lasco Distributors fell 13 cents in closing at $3.87 after 18,025 stocks crossed the market, Lasco Financial increased 14 cents to close at $1.99 in an exchange of 1,296 units, Limners and Bards sank 12 cents and ended at $1.50 with investors transferring 5,295 shares. Lumber Depot rallied 15 cents to $2.45 and closed after investors traded 1,165 stock units, Main Event dipped 66 cents to end at $14.10 with investors trading 4,053 shares, Medical Disposables lost 10 cents in closing at $2.60 with an exchange of 10 units. Paramount Trading gained 13 cents to close at $1.40 with 5,607 stocks clearing the market and Stationery and Office Supplies skidded 19 cents and ended at $1.61 with traders dealing in 1,463,420 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.