Junior Market slips into weekend

The Junior Market of the Jamaica Stock Exchange slipped moderately by 14.20 points to 3,889.52 on Friday, with the volume of stocks traded declining 4 percent and the value 15 percent lower than Thursday after dealing in 42 securities compared with 43 on Thursday and ended with 18 rising, 16 declining and eight closing unchanged.
Investors traded 13,829,730 shares for $26,730,250 compared to  14,406,305 units at $31,278,834 on Thursday.
Trading averaged 329,279 shares at $636,435 compared to 335,030 units at $727,415 on Thursday with the month to date, averaging 285,783 units at $649,429 in comparison with 282,468 stock at $650,420 on the previous day. September closed with an average of 220,239 units at $459,425.
EduFocal led trading with 4.74 million shares for 34.3 percent of total volume, followed by One Great Studio with 3.46 million units for 25 percent of the day’s trade and ONE on ONE Educational with 1.63 million units for 11.8 percent of the day’s trade.
The Junior Market ended trading with an average PE Ratio of 10.7, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Access Financial advanced 89 cents and ended at $25, with 546 shares crossing the exchange, Blue Power rose 23 cents to $2.93, with 500 stock units crossing the market, CAC 2000 popped 44 cents to close at $4.92 with traders dealing in 30 units, Cargo Handlers shed $3.52 to end at $10.98 in trading 1,271 stocks. Caribbean Flavours climbed 8 cents in closing at $1.48 after 72 units passed through the market, Dolphin Cove skidded 15 cents in closing at $16 in an exchange of 1,000 shares, EduFocal gained 14 cents and ended at $2.50 after an exchange of 4,737,278 stocks, Elite Diagnostic increased 12 cents to close at $1.77 with investors transferring 104,458 stock units. Everything Fresh lost 28 cents to finish at $1.40 with an exchange of 1,792 units, Express Catering declined 9 cents to end at $4.60, with 3,864 stocks clearing the market, Fosrich rallied 7 cents in closing at $2.60 while exchanging 20,590 shares, Honey Bun gained 15 cents to close at $6.50, with 7,698 stock units crossing the market. ISP Finance fell $2.33 to $31 as investors exchanged 145 units, Jamaican Teas advanced 14 cents to end at $2.44 with dealings in 300 stock units, Jetcon Corporation dropped 16 cents and ended at 88 cents with a transfer of 59,054 stocks, Knutsford Express dipped $1.28 to close at $11.11 after 13,819 shares changed hands. Lasco Distributors lost 14 cents and ended at $4.15 after a transfer of 344,799 stock units, Limners and Bards rallied 13 cents to end at $1.89 after an exchange of 174,618 shares, Mailpac Group declined 8 cents in closing at $2.15 after 212,021 units changed hands, Main Event dipped 11 cents to $14.49, with 13,836 stocks changing hands. MFS Capital Partners climbed 36 cents to end at $2.13, with shareholders swapping 312,940 units and ONE on ONE Educational rose 7 cents to $1.07, with stakeholders exchanging 1,625,329 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.