Gains for Junior Market

Trading closed on the Junior Market of the Jamaica Stock Exchange Friday, with the volume of stocks traded declining 43 percent and the value 10 percent lower than on Thursday with 40 securities trading compared with 39 on Thursday and ended with 16 rising, 16 declining and eight closing unchanged.
Investors traded 4,285,226 shares for $14,476,628 compared with 7,562,096 units at $16,067,740 on Thursday.
Trading averaged 107,131 shares at $361,916, compared with 193,900 shares at $411,993 on Thursday with the month to date, averaging 208,914 units at $461,663 compared with 233,148 stock units at $485,413 on the previous day. September closed with an average of 220,239 units at $459,425.
Lasco Distributors led trading with 474,669 shares for 11.1 percent of total volume followed by Fosrich with 383,626 units for 9 percent of the day’s trade and One Great Studio with 348,944 units for 8.1 percent market share.
At the close, the Junior Market Index rallied 17.15 points to finish at 3,880.34.
The Junior Market ended trading with an average PE Ratio of 10.9, 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 three stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Access Financial popped $5.70 to close at a 52 weeks’ high of $29.70 with investors dealing in 4,852 shares, Caribbean Assurance Brokers declined 9 cents to $3.19 after trading 50,833 units, Dolla Financial climbed 8 cents and ended at $2.26, with 111,178 stocks clearing the market. Express Catering fell 32 cents in closing at $4.38 after 27,918 stock units passed through the exchange, Fontana advanced 49 cents to end at $11.70 after 318,648 stocks were traded, Indies Pharma rose 16 cents to close at $2.96 with traders dealing in 252,415 stock units. Lasco Distributors increased 18 cents to $4.33 after 474,669 units were traded, Limners and Bards gained 6 cents in closing at $1.80 with 71,703 shares changing hands, Lumber Depot rallied 6 cents to end at $2.52, with 120,507 units crossing the exchange. MFS Capital Partners skidded 39 cents and ended at $2 with investors transferring 296,199 stocks, Paramount Trading shed 24 cents to a 52 weeks’ low of $1.50 in an exchange of 264,900 stock units, Stationery and Office Supplies lost 6 cents to close at $1.73 after a transfer of 35,087 shares. Tropical Battery gained 7 cents and ended at $1.95, with 44,633 units changing hands and tTech dropped 25 cents in closing at $2.20 after an exchange of 550 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.