Junior Market Jumps 23%

Trading fell back from Wednesday’s surge at the close of the Junior Market on Thursday, with the volume of stocks traded dropping 69 percent as the value fell 70 percent from Wednesday’s levels, but the market ended with advancing stocks nearly doubling those declining and sent the market index 34.01 points higher to 4,223.33, with 23 percent gains for the year to date.
Market activity led to 42 securities trading up from 40 on Wednesday with 21 rising, 12 declining and nine closing unchanged.
The PE Ratio, a measure used to compute appropriate stock values, averages  22.8. The PE ratio of each stock in the chart below is based on ICInsider.com earnings forecast for companies with financial years up to August 2022.
A total of 23,142,159 shares traded for $83,667,452 compared to 73,733,908 units at $274,328,558 on Wednesday, Spur Tree Spices led trading with 5.98 million shares for 25.9 percent of total volume, followed by Mailpac Group with 3.56 million units for 15.4 percent of the day’s trade and Future Energy Source with 2.63 million units for 11.4 percent market share, JFP Limited with 2.53 million units for 10.9 percent market share, Jetcon Corporation traded 2.18 million units for 9.4 percent market share and EduFocal ended with 1.63 million units for 7 percent market share.
Thursday’s trading averaged 551,004 shares at $1,992,082 down from 1,843,348 shares at $6,858,214 on Wednesday with month to date, averaging 719,276 units at $2,636,802 compared to 727,308 units at $2,667,573 on the previous trading day.  February closed with an average of 370,064 units at $1,402,517.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Access Financial advanced 49 cents in closing at $20.50 after trading 319 shares, CAC 2000 fell 45 cents to close at $7.05 in exchanging 2,756 units, Derrimon Trading rallied 13 cents to $2.68 with 194,275 stock units changing hands. Dolphin Cove popped 69 cents to $26.69, with 190,176 stocks clearing the market, Fosrich rose $2.23 to end at a 52 weeks’ high of $18.63 with 100,544 shares changing hands, Future Energy Source declined 33 cents to end at $6.35 after 2,630,785 stock units were traded. Honey Bun gained 29 cents ending at $10.28, with 19,243 stocks crossing the exchange, Indies Pharma increased 9 cents to close at $3.09, trading 236,024 units, Jetcon Corporation shed 15 cents in closing at $1.05 while exchanging 2,182,003 stocks. Knutsford Express lost 55 cents to $7.45 with the swapping of 35,973 units, Lasco Manufacturing climbed 30 cents to end at $5.55 in an exchange of 83,221 stock units, Lumber Depot dropped 11 cents to $3.51 with an exchange of 653,429 shares. Mailpac Group climbed 34 cents to close at $3.57 after exchanging 3,562,628 stocks, Main Event fell 80 cents in ending at $7.20 after 132,274 shares changed hands, Spur Tree Spices dropped 9 cents to $3.70 in switching ownership of 5,983,396 stock units and Stationery and Office Supplies gained 57 cents in closing at $7.60 in exchanging 5,874 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.