Junior Market trading increased

Trading closed on the Junior Market of the Jamaica Stock Exchange Friday, with the volume of stocks traded rising 37 percent and the value just 9 percent more than on Thursday following trading in 43 securities compared with 40 on Thursday and ended with 19 rising, 17 declining and seven closing unchanged.
Investors traded 8,041,831 shares for $30,510,717 compared with 5,875,457 units at $28,016,001 on Thursday.
Trading averaged 187,019 shares at $709,552,  versus 146,886 shares at $700,400 on Thursday with the month to date, averaging 190,394 units at $597,463 compared to 190,602 stock units at $590,538 on the previous day. May closed with an average of 239,954 units at $648,811.
ONE on ONE Educational led trading with 2.95 million shares for 36.6 percent of total volume followed by iCreate with 927,345 units for 11.5 percent of the day’s trade and Fosrich with 756,741 units for 9.4 percent market share.
At the close, the Junior Market Index climbed 25.52 points to 3,942.47.
The PE Ratio, a measure of computing appropriate stock values, averages 11.3. 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 two stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Blue Power rose 56 cents to close at $2.65 after a transfer of 95,432 shares, Cargo Handlers popped 9 cents ended at $22.09 in an exchange of 1,914 units, Caribbean Assurance Brokers jumped $1 to 52 weeks’ high of $4 with trading of a moderate volume of 22,624 stocks. Caribbean Flavours increased 15 cents in closing at $1.35 in switching ownership of 40,974 stock units, Dolphin Cove gained 15 cents to end at $16 after an exchange of 22,547 shares, General Accident fell 25 cents to $5 after 2,501 units changed hands. GWest Corporation dipped 10 cents to end at 93 cents with an exchange of 51,347 stocks, Honey Bun shed 21 cents in closing at $6.69, with just 854 stock units crossing the market, iCreate lost 24 cents to close at a 52 weeks’ low of 91 cents as 927,345 units passed through the market. Indies Pharma rallied 9 cents and ended at $3.10 with shareholders swapping 13,685 stocks, Iron Rock Insurance declined 15 cents to close at $2 as investors exchanged 17 shares, ISP Finance climbed $5.09 to $25 after exchanging a mere 2 stock units. JFP Ltd popped 10 cents and ended at $1.65 with stakeholders exchanging 53,472 units, Knutsford Express dropped 17 cents to end at $10.83 with investors transferring 201 stock units, Lasco Manufacturing rallied 40 cents in closing at $4.90 after trading 200,915 shares. Main Event climbed 15 cents in closing at a 52 weeks’ high of $15 with 126,139 stocks clearing the market, MFS Capital Partners increased 20 cents to $3 with a transfer of 32,928 stock units. Paramount Trading shed 10 cents to $2.08, with 146,947 units crossing the exchange and Stationery and Office Supplies dipped $5.89 to close at $28 after an exchange of 491,029 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.