Junior Market trading climbs

Trading closed on the Junior Market of the Jamaica Stock Exchange Thursday, with the volume of stocks exchanged rising 68 percent, with a slightly higher value than Wednesday following activities in 42 securities, the same as Wednesday and ending with 15 rising, 18 declining and nine closing unchanged.
A total of 20,300,179 shares were exchanged for $40,240,995 up from 12,078,496 units at $38,559,683 on Wednesday. Trading averaged 483,338 shares at $958,119 against 287,583 shares at $918,088 on Wednesday, with month to date, averaging 515,490 units at $1,694,659 compared to 517,543 units at $1,741,672 on the previous day. August closed with an average of 407,186 units at $1,330,946.
Everything Fresh led trading with 11.80 million shares for 58.1 percent of total volume followed by Mailpac Group with 2.15 million units for 10.6 percent of the day’s trade, Tropical Battery contributed 1.44 million units for 7.1 percent of the market and iCreate with 1.19 million units for 5.8 percent market share.
At the close, the Junior Market Index gained 10.64 points to settle at 4,127.69.
The PE Ratio, a measure of computing appropriate stock values, averages 12.5. 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 five stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Caribbean Assurance Brokers lost 30 cents to end at $2.30, with 9,458 shares crossing the exchange, Caribbean Cream fell 79 cents to $4.01 after trading 5,353 stock units, Everything Fresh shed 38 cents to close at $1.30, with 11,802,613 shares crossing the market stocks. Express Catering dipped 29 cents to $5.25 after exchanging 29,480 units, Fontana rose 13 cents in closing at $9.25, with 125,886 stocks changing hands, Future Energy Source gained 19 cents to close at $5.29 after a transfer of 162,299 units. Honey Bun climbed 22 cents to $7.78 with the swapping off 2,682 stock units, iCreate declined 47 cents to $2.47 after 1,185,132 shares crossed the market, Jamaican Teas dropped 32 cents in closing at $2.68 after trading 261,442 shares. Lasco Distributors rallied 15 cents in ending at $3 after exchanging 16,166 stocks, Lasco Financial shed 19 cents to end at $2.71 trading 23,927 stock units, Mailpac Group declined 12 cents to $2.27 with an exchange of 2,154,913 units. Main Event lost $1 to close at $8 as investors exchanged 78,619 stocks, MFS Capital Partners advanced 34 cents in closing at $3.39, with 104,707 shares clearing the market, Paramount Trading increased 13 cents to $1.93 in exchanging 70,217 stock units. Spur Tree Spices popped 24 cents to close at $3.64 in trading 77,284 units, Stationery and Office Supplies increased $1.50 to end at $17.50 with investors transferring 46,000 stock units and  tTech fell 44 cents in closing at $2.55 in switching ownership of just 1,312 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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