Junior Market risers and losers shared honours

Trading closed on the Junior Market of the Jamaica Stock Exchange Monday, with the recent star Stationery and Office Supplies falling back sharply from the high of $35 it reached last week down to $25.50 as the volume of stocks traded declining 19 percent with a 39 percent lower value than Friday with 45 securities trading compared with 43 on Friday and ended with 18 rising, 18 declining and nine closing unchanged.
At the close, 6,499,546  shares were traded for $18,510,251, down from 8,041,831 units at $30,510,717 on Friday.
Trading averaged 144,434 shares at $411,339, compared with 187,019 shares at $709,552 on Friday with the month to date, averaging 187,756 units at $586,780 compared with 190,394 stock units at $597,463 on the previous day. Trading in May averaged 239,954 units at $648,811.
Image Plus Consultants led trading with 1.29 million shares for 19.9 percent of total volume followed by ONE on ONE Educational with 680,010 units for 10.5 percent of the day’s trade and Mailpac Group with 572,408 units for 8.8 percent market share.
At the close, the Junior Market Index popped 13.44 points to close at 3,955.91 and is now down less than one percent for the year to date and up 10 percent since the low in March and is fraction adrift of the 3,963.89 points reached on February 17, the previous high.
The PE Ratio a measure of computing appropriate stock values, averages 11.2. The PE ratios of Junior Market stocks are computed using the last traded price in conjunction with ICInsider.com’s projected earnings for the financial years ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, AMG Packaging lost 37 cents in closing at $2.29 with a transfer of 1,275 shares, Cargo Handlers fell 9 cents to $22, with 4 stock units changing hands, Caribbean Assurance Brokers dropped 65 cents to end at $3.35 while exchanging 15,496 stocks. Caribbean Cream rallied 70 cents to end at $4.70 with an exchange of 11,619 units, Consolidated Bakeries gained 23 cents to close at $2.42 after 3,344 shares crossed the exchange, Dolphin Cove rose 97 cents in closing at $16.97 as 11,757 units passed through the market. Elite Diagnostic climbed 13 cents to $2.35 in an exchange of 208,580 stocks, GWest Corporation advanced 10 cents to close at $1.03 after 86 stock units changed hands, Honey Bun dipped 14 cents to end at $6.55 in switching ownership of 12,480 stocks. iCreate popped 14 cents and ended at $1.05 after a transfer of 389,514 stock units, Iron Rock Insurance increased 10 cents to end at $2.10 and closed with 2,954 units being trading, Knutsford Express climbed $1.16 to $11.99 with investors transferring 270 shares. Lasco Manufacturing declined 38 cents in closing at $4.52, with stakeholders exchanging 5,357 shares, Limners and Bards shed 9 cents to close at $2.11, with 3,794 stock units crossing the market, Main Event dipped 10 cents and ended at $14.90 in an exchange of 23,047 stocks. Medical Disposables popped 19 cents in closing at $4.25, with 4,596 units crossing the market, MFS Capital Partners dropped 15 cents to $2.85 as investors exchanged 17,000 shares and Stationery and Office Supplies fell $2.50 to $25.50 with shareholders swapping 188,272 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.