Trading closed on Monday, with the volume of stocks traded declining by 59 percent, with a 49 percent lower value than on Friday at the close of the Jamaica Stock Exchange Junior Market, after 43 securities traded down from 41 on Friday, with 22 rising, 16 declining and five closing unchanged.
At the close, the Junior Market Index advanced 13.32 points to settle at 4,199.22.
The PE Ratio, a measure used to compute appropriate stock values, averages 12.6 based on ICInsider.com earnings forecast for companies with financial years ending from August 2022 to August 2023.
A total of 8,658,067 shares traded for $49,169,751 compared to 20,898,865 units at $96,173,773 on Friday. Fosrich led trading with 1.19 million shares for 13.8 percent of total volume, followed by JFP Limited with 1.11 million units for 12.8 percent of the day’s trade and EduFocal with 829,274 units for 9.6 percent market share.
Trading averaged 201,350 shares at $1,143,483 in contrast to 509,728 shares at $2,345,702 on Friday, with month to date, averaging 351,868 units at $1,730,280 on Friday. March closed with an average of 719,276 units at $2,636,802.
Investor’s Choice bid-offer indicator shows one stock ended with a higher bid than the last selling price and four with lower offers.
At the close, Blue Power popped 34 cents in closing at $3.74 with 123 shares crossing the exchange, 
Cargo Handlers declined 35 cents, ending at $12.10 after switching owners of 6,500 stocks, Caribbean Assurance Brokers shed 9 cents to end at $2.31 in an exchange of 214,474 units. Consolidated Bakeries climbed 16 cents to close at $1.41 after exchanging 174,125 stock units, Dolphin Cove popped 90 cents to $22.90 after an exchange of 253,504 shares, Express Catering fell 9 cents in closing at $6 after 356,802 units changed hands. Fontana rallied 9 cents to close at $10 with the swapping of 192,666 stocks, Fosrich advanced $1.98 to end at a 52 weeks’ closing high of $19 after 1,192,228 stock units changed hands, Future Energy Source dropped 13 cents to $6.16 after trading 534,016 units. General Accident rose 17 cents in ending at $6.17, with 15,958 stock units clearing the market, Indies Pharma increased 22 cents in closing at $3.10 in exchanging 97,081 stocks, JFP Limited gained 9 cents to end at $1.39 while exchanging 1,108,073 shares. Lasco Financial lost 7 cents to close at $3.45, with 126,807 shares crossing the market, Limners and Bards popped 12 cents to $3.37 in trading 13,013 stock units, Lumber Depot advanced 15 cents in ending at $3.61 with an exchange of 599,254 units. 
Mailpac Group rallied 12 cents to end at $3.35 after 266,253 stocks changed hands, Paramount Trading declined 22 cents to $1.50 after 21,500 units crossed the market, SSL Venture climbed 19 cents in ending at $1.85 after trading 290,137 shares. Stationery and Office Supplies increased 84 cents in closing at $7.87 in trading 100 stocks and Tropical Battery rose 8 cents to finish at a 52 weeks’ close of $2.70 with an exchange of 815,065 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Juniors gain on 2nd trading day in April
April 4, 2022 by IC Insider.com
Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: Access Financial, AMG Packaging, Best performing stock market, Blue Power, CAC2000, Cargo Handlers, Caribbean Assurance Brokers, Caribbean Cream, Caribbean Flavours, Consolidated Bakeries, Daily Trading, Derrimon Trading, Dolphin Cove, Edufocal, Elite Diagnostic, Emerging markets, Everything Fresh, Express Catering, FESCO, Fontana, FosRich, Future Energy Source, General Accident, GWest, Honey Bun, iCreate, Indies Pharma, Jamaica Stock Exchange, Jamaican stocks, Jamaican Teas, Jetcon Corporation, JFP Limited, junior market, KLE Group, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Limners and Bards, Main Event, Medical Disposables, Paramount Trading, SSL Venture Capital, Stationery and Office, Trading Activity, tTech
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