The Junior Market of the Jamaica Stock Exchange made a solid gain on Tuesday that almost brought it back on level terms with the yearend close following a 43 percent rise in the volume of stocks traded after the value passing through the market jumped 66 percent over Monday trades with trading taking place in 46 securities versus 47 on Monday and ended with 20 rising, 18 declining and eight closing unchanged.
A total of 8,136,775 shares were traded for $22,350,006, up from 5,698,340 units at $13,425,978 on Monday.
Trading averaged 176,886 shares at $485,870 compared to 121,241 units at $285,659 on Monday with the month to date averaging 165,183 units at $432,019 compared to 162,801 stock units at $421,058. December closed with an average of 333,420 units at $925,533.
MFS Capital Partners led trading with 2.23 million shares for 27.4 percent of total volume followed by Dolla Financial with 1.24 million units for 15.3 percent of the day’s trade and Regency Petroleum with 868,173 units for 10.7 percent market share.
At the close, the Junior Market Index jumped 56.12 points to close at 3,959.97.
The PE Ratio, a measure of computing appropriate stock values, averages 12.8. The PE ratios of Junior Market stocks incorporate ICInsider.com projected earnings for the financial year ending that fall between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and six with lower offers.
At the close, AMG Packaging gained 42 cents ending at $3.30 in trading 31,975 shares, Caribbean Assurance Brokers lost 26 cents to close at $1.90 with the swapping of 301,331 stock units, Caribbean Cream popped 66 cents to close at $4.65 as investors exchanged 42,188 stocks. 
Consolidated Bakeries lost 28 cents to finish at $1.96 in transferring 70,490 units, EduFocal rose 13 cents to $2.23 after an exchange of 199,042 stock units, Fontana popped 15 cents to end at $9 with investors transferring 26,731 stocks. Future Energy Source gained 10 cents in closing at $5 after trading 153,501 units, Honey Bun rose 57 cents to $7.77 with a transfer of 1,466 shares, iCreate rallied 14 cents to end at $1.84 with the swapping of 171,714 shares. ISP Finance jumped $7 to $25 in switching ownership of 19,364 units, Jamaican Teas popped 11 cents to $2.63 trading 118,793 stocks, Mailpac Group dipped 12 cents to t $2.03 after 23,735 stock units passed through the market. Main Event rallied 15 cents in closing at $8.60 in exchanging 4,530 shares, Medical Disposables gained 59 cents to finish at $5.23 with 368 units changing hands, MFS Capital Partners advanced 25 cents to $3.14 in exchanging 2,230,775 stocks. 
ONE on ONE Educational dropped 9 cents to $1.25 after clearing the market with 448,728 stock units, Paramount Trading shed 10 cents to close at $1.70 in switching ownership of 5,012 stocks and Regency Petroleum rose 8 cents in closing at $1.58 trading 868,173 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market makes big jump
January 10, 2023 by IC Insider.com
Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: Access Financial, AMG Packaging, Best performing stock market, Blue Power, CAC2000, Caribbean Assurance Brokers, Caribbean Cream, Caribbean Flavours, Consolidated Bakeries, Daily Trading, Derrimon Trading, Dolla Financial, Dolphin Cove, Edufocal, Elite Diagnostic, Emerging markets, Everything Fresh, Express Catering, FESCO, Fontana, FosRich, Future Energy Source, General Accident, GWest, Honey Bun, iCreate, Indies Pharma, Iron Rock Insurance, ISP Finance, Jamaica Stock Exchange, Jamaican stocks, Jamaican Teas, Jetcon Corporation, JFP Ltd, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Limners and Bards, Main Event, Medical Disposables, MFS Capital Partners, Paramount Trading, Spur Tree Spices, Stationery and Office, Trading Activity, tTech
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