Junior Market at 14 months low

The Junior Market of the Jamaica Stock Exchange closed on Monday at the lowest point since January last year, with the market Index falling 31.75 points to 3,704.30, with the volume of stocks traded declining 55 percent with the value 61 percent lower than on Friday following trading in 39 securities compared with 40 on Friday and ended with 10 rising, 20 declining and nine closing unchanged.
A total of 4,128,803 shares were exchanged for $10,755,628 down from 9,097,236 units at $27,766,092 on Friday.
Trading averaged 105,867 shares at $275,785, compared with  227,431 units at $694,152 on Friday with the month to date, averaging 614,793 units at $1,154,341 compared with 649,010 stock at $1,213,416 on the previous trading day. February ended with an average of 318,024 units at $782,332.
Regency Petroleum led trading with 855,959 shares for 20.7 percent of total volume followed by Dolla Financial with 478,505 units for 11.6 percent of the day’s trade and ONE on ONE Educational with 402,878 units for 9.8 percent market share.
The PE Ratio, a measure of computing appropriate stock values, averages 11. 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 seven stocks ended with bids higher than their last selling prices and five with lower offers. At the close, Caribbean Flavours lost 12 cents to close at $1.27 after an exchange of 100 shares, Elite Diagnostic rallied 19 cents in closing at $2.89  with 75,902 stocks clearing the market, Everything Fresh climbed 22 cents to $1.64 in an exchange of 3,200 stock units. Fontana declined 22 cents in ending at $8.18 after 22,925 units crossed the market, Honey Bun dropped 25 cents to end at $6.50 as 12,807 shares passed through the market, iCreate fell 11 cents to close at $1.57 with the swapping of 6,189 stock units. Indies Pharma shed 9 cents to $2.81 with a transfer of 17,869 stocks, Jetcon Corporation advanced 12 cents to $1.07, with 2,705 units crossing the market, Knutsford Express gained $1.13 to end at $10.15 as investors exchanged 93 stocks. Lasco Distributors dipped 21 cents in closing at $2.53 after investors exchanged 53,482 shares, Limners and Bards declined 14 cents in closing at $2.36 trading 94,523 units, Main Event fell 10 cents to close at $12.15 with an exchange of 89,562 stock units. MFS Capital Partners popped 9 cents in ending at $3.49, with 242,453 stocks changing hands, Paramount Trading rose 24 cents to end at $2.44 and closed with an exchange of 2,500 units, Spur Tree Spices traded 75,047 shares with a gain of 1 cent to close at $2.59 after the price hit a 52 weeks’ intraday low of $2.51 and Stationery and Office Supplies dipped 10 cents to $14.90 while exchanging 39,934 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.