Trading closed on the Jamaica Stock Exchange Junior Market on Friday, with trading levels mirroring Thursday’s performance and resulted in a minor rise in the Market Index of 4.11 points to settle at 3,269.43 after Future Energy Source dominated trading, with 54 percent of the total volume with an exchange of 4.78 million shares.
Market activity led to 32 securities trading down from 36 on Thursday and ended, with 16 rising, 10 declining and six closing unchanged on a day when Honey Bun traded at a 52 weeks’ high and Paramount Trading ended at a 52 weeks’ low.
The PE Ratio, a measure used in computing appropriate stock values, averages 12.6 based on ICInsider.com’s 2021-22 earnings forecast.
A total of 8,891,277 shares traded for $24,705,867 compared to 8,866,926 units at $22,067,488 on Thursday. Jamaican Teas traded the second highest volume of 11.3 percent, with 1 million units and Mailpac Group 8.9 percent, with an exchange of 788,869 units.
Trading averaged 277,852 units at $772,058 up on the 246,304 at $612,986 on Thursday. Trading month to date, averages 211,185 units at $580,096, upon the 202,259 units at $554,394 on Thursday. July closed with an average of 163,918 units at $481,755.
Investor’s Choice bid-offer indicator shows one stock ending with a higher bid than its last selling price and five with lower offers.
At the close, Access Financial fell 85 cents to $20.64 after trading 995 shares, CAC 2000 shed $1.27 to finish at $9.25 with 342 stock units changing hands, Caribbean Cream jumped 53 cents to $5.73 with 1,000 units traded. Everything Fresh slipped 5 cents to 95 cents with an exchange of 42,146 shares, Express Catering rallied 59 cents to $5.09 with a transfer of 160,100 units, Fosrich climbed 24 cents to $8.26, with investors switching ownership of 4,490 stocks. Future Energy Source rose 9 cents to $1.68 with 4,781,863 stock units passing through the market, after releasing financials for the June Quarter showing 55 percent improved results before tax, versus 2020, Honey Bun jumped 75 cents to a 52 weeks’ high of $7.50 with 381,136 shares changing hands following strong gains in June quarter profits, iCreate gained 5 cents to finish at 85 cents with 4,112 units traded. 
Indies Pharma popped 10 cents to $3.50 with an exchange of 9,866 stocks, Iron Rock Insurance rose 13 cents to $3.88 with a transfer of 161,314 stock units, Jamaican Teas fell 12 cents to $3.82 with investors switching ownership of 1,002,871 shares after the company posted a moderate increase in its Q3 profit. Jetcon Corporation rallied 14 cents to $1.35 with 6,600 units passing through the market, Lasco Financial popped 25 cents to $3.25 with 61,500 stock units traded, Medical Disposables climbed 33 cents to $4.98 with a transfer of 104,501 stocks. Paramount Trading dropped 10 cents to close at a 52 weeks’ low of $1.02 with 97,697 units changing hands and SSL Venture gained 13 cents to close at 84 cents with 5,000 shares crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
