Junior Market recovery continues

The Junior Market Index continues to rebound from last week’s steep sell-off by climbing 26.29 points to close at 4,146.34 at the close of trading on Monday, with a 51 percent increase in the volume of stocks traded and the value rose 54 percent over trading on Friday.
A total of 41 securities traded up from 35 on Friday and ended with 15 rising, 18 declining and eight left unchanged.
The PE Ratio, a measure in computing stock values, averages 13. The PE ratios of Junior Market stocks incorporate ICInsider.com projected earnings for companies with financial years closing up to the end of August 2023.
A total of, 6,964,198 shares traded  amounting to $28,803,554, up from 4,622,684 units at $18,728,840 on Friday. Trading averaged 169,858 shares at $702,526 in contrast to 132,077 shares at $535,110 on Friday, with the month to date, averaging 384,335 units at $1,657,551 compared to 395,085 units at $1,705,419 on the previous trading day. April closed with an average of 449,923 units at $1,781,786.
Caribbean Assurance Brokers led trading with 1.61 million shares for 23.1 percent of total volume, followed by Future Energy Source with 1.04 million units for 14.9 percent of the day’s trade and Spur Tree Spices with 474,166 units for 6.8 percent market share.
Investor’s Choice bid-offer indicator shows six stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close, Access Financial climbed $1.87 to $21.87, with 451 shares crossing the market, Cargo Handlers advanced $1.60 in closing at $11.60 after exchanging just 500 stocks, Caribbean Cream declined 25 cents in ending at $4., with 10,891 units changing hands. Caribbean Flavours increased 25 cents to close at $1.97 with the swapping of 212,907 stock units, Dolphin Cove fell 20 cents to end at $18 in switching ownership of 37,212 stock units, Elite Diagnostic lost 20 cents to $3.40, trading 15,556 stocks. Everything Fresh shed 14 cents to $1.22, with 29,677 units clearing the market, Express Catering dropped 31 cents to end at $5.62 with 14,301 shares changing hands, Fosrich dropped 80 cents in closing at $23.50, with 216,823 stock units crossing the exchange. Future Energy Source gained 25 cents to close at $6.25 after exchanging 1,038,976 units, iCreate declined 30 cents in closing at $3.20 with an exchange of 41,181 shares, Indies Pharma lost 16 cents to end at $3 in an exchange of 20,017 stock units. Jetcon Corporation shed 10 cents to $1.50 while exchanging 31,329 shares, Knutsford Express rallied 10 cents to $7.80 after finishing trading 2,136 units, Lasco Manufacturing popped 16 cents to close at $5.27 after an exchange of 95,723 stocks, following the release of improved full year results. Lumber Depot fell 20 cents to end at $3.10 in trading 413,705 stock units, Main Event shed 19 cents after finishing at $8.20 in exchanging 54,232 stock units, Medical Disposables jumped $1.19 to $8.19 in trading 73,758 stocks. Paramount Trading rallied 15 cents in closing at $1.90 in an exchange of 650 shares, Spur Tree Spices advanced 25 cents to close at $3.95, with 474,166 units changing hands and tTech rose 40 cents in closing at $3.89 while exchanging 4,000 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.