Trading pulled back on Thursday, with the volume of stocks traded falling 49 percent, with the value slipping 46 percent below Wednesday’s market activity on the Junior Market of the Jamaica Stock Exchange, but the market index rallied 6.60 points to 3,285.94.
Market activity led to 35 securities trading compared to 38 on Wednesday and ended with 14 rising, 13 declining and eight, closing unchanged.
The PE Ratio, a measure used to compute appropriate stock values, averages 13.3. The PE ratio of each stock is shown in the chart below, is based on earnings forecast for companies with the financial year ending up to July 2022, computed by ICInsider.com.
Trading ended with 3,121,228 shares changing hands for $10,611,834 compared to 6,124,546 units at 19,675,741 on Wednesday. Future Energy Source led trading with 613,900 shares for 19.7 percent of total volume, followed by Lumber Depot with 522,227 units for 16.7 percent of the day’s trade and Lasco Distributors 377,258 units for 12.1 percent market share.
Trading averaged 89,178 shares at $303,195 versus 161,172 shares at $517,783 on Wednesday and month to date, an average of 174,072 units at $607,079, compared to 180,380 units at $629,660 on Wednesday. September closed with an average of 207,032 units at $668,264.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, AMG Packaging climbed 5 cents to $1.80, with 60,100 shares clearing the market, Cargo Handlers dropped $1 to $7 with an exchange of 57,812 stocks, Caribbean Assurance Brokers rallied 14 cents to close at $1.79 after exchanging 6,555 stock units. Caribbean Flavours fell 6 cents to $1.89 in an exchange of 44,870 units, Consolidated Bakeries shed 11 cents in closing at $1.50 trading 60,268 shares, Express Catering declined 12 cents to $4.65 in exchanging 34,060 units. Fosrich popped 5 cents to $8.25 while trading 90,380 stocks, General Accident dropped 12 cents to $5.32 in trading 6,341 stock units, Honey Bun dipped 10 cents to $8.50, with 36,913 shares crossing the market. iCreate lost 8 cents in closing at 95 cents with an exchange of 162,076 stock units, Indies Pharma fell 23 cents to $3.15 in trading 31,358 units, Lasco Distributors popped 5 cents in closing at $3.80 after exchanging 377,258 stocks. Lasco Financial added 11 cents to end at $3.20, with 40,105 stocks changing hands, 
Lasco Manufacturing advanced 21 cents to $4.71 in switching ownership of 20,732 units, Mailpac Group popped 7 cents to $3.82, with 118,807 stock units crossing the market. Main Event shed 11 cents in ending at $4.03 with the swapping of 3,700 shares, Medical Disposables declined 26 cents to $4.74 in exchanging 131,266 stock units and Tropical Battery rose 9 cents to $1.33, with 27,345 units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
