Trading closed on the Junior Market of the Jamaica Stock Exchange on Thursday, with the volume and the value of stocks traded rising 69 percent and 79 percent, respectively, above the outcome on Wednesday with 43 securities trading versus 41 on Wednesday and ended with 22 rising,13 declining and eight ended unchanged, leading the Junior Market Index to rally 3.73 points to close at 4,094.15.
A total of 10,883,378 shares were exchanged for $43,051,001, compared to 6,431,868 units at $24,069,213 on Wednesday. Trading averaged 253,102 shares at $1,001,186 compared to 156,875 shares at $587,054 on Wednesday, with the month to date, averaging 363,890 units at $1,223,095 compared to 370,451 units at $1,236,238 on the previous trading day. July closed with an average of 512,709 units at $2,574,304.
MFS Capital Partners led trading with 5.14 million shares for 47.2 percent of total volume, followed by Future Energy Source with 2.10 million units for 19.3 percent of the day’s trade and Dolla Financial with 397,024 units for 3.6 percent market share.
The PE Ratio, a measure of computing appropriate stock values, averages 12.7. The PE ratios of Junior Market stocks incorporate ICInsider.com projected earnings for companies with financial year end that falls between November this year and August 2023.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, AMG Packaging lost 22 cents to close at $3.78 after exchanging 32,899 shares, Cargo Handlers dropped 50 cents to end at $14, with 1,360 stock units crossing the market, Caribbean Cream climbed 40 cents in closing at $4.25 after 87 stocks changed hands. Consolidated Bakeries popped 23 cents to close at $1.77 after transferring 41,622 units, Derrimon Trading rose 11 cents after ending at $2.34, with 42,284 stock units changing hands, Dolphin Cove climbed 60 cents to $13.90 in trading 2,073 units. EduFocal gained 20 cents to end at $2.60, with 104,653 stocks clearing the market, General Accident advanced 10 cents in ending at $5.80 with investors transferring 72,678 shares, Honey Bun rallied 75 cents to close at $7.93 with a transfer of 34,847 units. Indies Pharma advanced 31 cents in closing at $3.18 with an exchange of 2,103 stocks, Jamaican Teas dipped 38 cents in closing at $2.51 while exchanging 387,400 stock units, Medical Disposables shed 75 cents to end at $5.87 in trading 622 shares. 
MFS Capital Partners rallied 10 cents to $4.10 after exchanging 5,135,918 shares, Spur Tree Spices rose 12 cents to close at $3.85 with 159,791 stock units changing hands and Stationery and Office Supplies climbed 55 cents in ending at $14.65 as investors exchanged 20,401 units.
In the preference segment, CAC 2000 9.5% preference share declined 20 cents to $1 with an exchange of 156 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market may have bottomed
August 25, 2022 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, Cargo Handlers, 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, 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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