Junior Market bounces back

Trading closed on Tuesday, with the volume of stocks traded declining 43 percent and the value down by 49 percent from Monday at the close of the Jamaica Stock Exchange Junior Market with all 45 securities traded, up from 41 on Monday.
Trading ended with 20 stocks rising, 21 declining and four closing unchanged, leading to the Junior Market Index popping 43.25 points to settle at 4,056.67.
The PE Ratio, a measure used to compute appropriate stock values, averages  21.9. The PE ratio for stocks in the chart below is based on ICInsider.com earnings forecast for companies with financial years up to August 2022.
Overall, 27,861,205 shares traded for $97,674,911 compared to 49,008,399 units at $190,021,639 on the Monday. EduFocal led trading with 14.24 million shares for 51.1 percent of total volume, followed by JFP Limited, 3.07 million units with 11 percent of the day’s trade, Mailpac Group with 58 million units for 5.7 percent market share, Lasco Manufacturing with 1.55 million units for 5.6 percent market share. Lumber Depot with 1.55 million units controlling 5.6 percent market share and Future Energy Source with 1.35 million units for 4.8 percent market share.
Trading averaged 619,138 shares at $2,170,554 in contrast to 1,195,327 shares at $4,634,674 on Monday with the month to date averaging 616,634 units at $2,341,670, compared to 616,440 units at $2,354,900 on the previous day. February closed with an average of 370,064 units at $1,402,517.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Access Financial rose 20 cents to end at $21 after trading 161 shares, AMG Packaging popped 15 cents in closing at $3.10 after exchanging 8,200 units, CAC 2000 lost 34 cents after ending at $7.55, with 1,363 stock units crossing the market. Cargo Handlers increased $3.05 to $11.55 and closed trading with 4,364 stocks, Caribbean Assurance Brokers declined 14 cents to close at $2.10 after 193,028 stocks crossed the market, Caribbean Cream shed 51 cents to end at $4.72 in exchanging 2,676 stock units. Caribbean Flavours gained 10 cents to close at $2.02 with 20,500 units changing hands, EduFocal rallied 12 cents to $3.27 after trading 14,239,618 shares, Fosrich fell 20 cents in closing at $16 in finishing trading with 3,350 shares. Future Energy Source advanced 16 cents to $6.15 in an exchange of 1,350,940 stock units, General Accident dropped 24 cents to $5.91 in exchanging 67,578 units, GWest Corporation declined 10 cents to 94 cents in switching ownership of 15,579 stocks. Iron Rock Insurance climbed 21 cents to $3.41 with the swapping of 96,745 units, ISP Finance shed $2.21 to close at $29.99 with an exchange of 160,889 stocks, Jamaican Teas climbed 12 cents in closing at $3.62 in trading 326,321 shares. KLE Group fell 20 cents to $2.65, with 41,960 stock units changing hands, Knutsford Express advanced 15 cents to end at $8 while exchanging 2,271 shares, Lasco Financial rose 22 cents to $3.42 in trading 4,276 stocks. Lasco Manufacturing popped 31 cents in closing at $4.90 while 1,554,527 units crossed the exchange, Limners and Bards gained 10 cents to close at $3.30 after exchanging 60,238 stock units, Lumber Depot lost 13 cents to close at $3.37 with 1,550,143 stock units switching owners. Mailpac Group rose 30 cents to $3.29 after 1,579,531 units changed hands, Main Event dropped 14 cents to $9 while exchanging 441,279 stocks and SSL Venture fell 20 cents to end at $2 after finishing trading of 333,461 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.