Losses for Junior Market stocks

The market Index dropped 46.69 points to 3,913.28 at the close of trading on the Junior Market of the Jamaica Stock Exchange Wednesday after declining stocks beat out those rising by a solid margin, following a 44 percent jump in the volume of stocks traded after the value climbed 31 percent over Tuesday following trading activity took place in 42 securities versus 46 on Tuesday and ended with prices of 15 rising, 23 declining and four unchanged.
A total of 11,745,381 shares were traded for $29,354,951 compared to 8,136,775 units at $22,350,006 on Tuesday.
Trading averaged 279,652 shares at $698,927 compared with 176,886 units at $485,870 on Tuesday, with a month to date average of 180,494 units at $467,720 versus 165,183 stock units at $432,019 on the previous day. December closed with an average of 333,420 units at $925,533.
Consolidated Bakeries led trading with 2.88 million shares for 24.5 percent of total volume followed by MFS Capital Partners with 1.23 million units for 10.5 percent of the day’s trade, JFP Ltd ended with 1.19 million stocks for 10.1 percent of trading, Fosrich with 1.04 million units for 8.8 percent of the market and Lasco Distributors with 1.01 million units for 8.6 percent market share.
The PE Ratio, a measure of computing appropriate stock values, averages 12.8. The PE ratios of Junior Market stocks incorporate ICInsider.com projected earnings for the financial year ending that fall between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and five with lower offers.
At the close, Access Financial advanced $2.18 to $24.19 with a transfer of 2,063 shares, AMG Packaging lost 10 cents in closing at $3.20 in exchanging 45,510 units, Blue Power shed 47 cents to end at $2.52 with 2,696 stock units crossing the exchange. Cargo Handlers rallied $2.25 to $13.80 trading 15,225 stocks, Caribbean Assurance Brokers gained 11 cents to close at $2.01 after transferring 21,525 shares, Derrimon Trading popped 11 cents in closing at $2.21 with an exchange of 83,388 units. Dolphin Cove advanced $1.40 to close at $14.89 in switching ownership of 27,468 stock units, EduFocal rose 26 cents to finish at $2.49 as investors swapped 505,110 stocks, Fontana lost 10 cents to end at $8.90 trading 78,999 shares. Honey Bun dipped 57 cents to $7.20 with 6,881 stock units changing hands, iCreate lost 13 cents to close at $1.71 with investors transferring 195,374 units, Indies Pharma shed 19 cents to $2.80 in switching ownership of 39,084 stocks. Lasco Distributors dipped 17 cents to end at $2.63, with 1,005,283 stocks crossing the market, Lasco Manufacturing shed 30 cents in ending at $4 after 86,092 stock units were exchanged, Main Event popped 70 cents in closing at $9.30 after a transfer of 49,183 shares. MFS Capital Partners lost 14 cents to end at $3 after an exchange of 1,233,975 units, Paramount Trading gained 28 cents in ending at $1.98 after a mere one stock unit changed hands, Stationery and Office Supplies advanced 84 cents to $15.99 with 114 stock units clearing the market and tTech rallied 35 cents to close at $2.66 with the swapping of 187 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.