The Jamaica Stock Exchange Junior Market pulled back modestly in trading on Friday, with the volume and the value of stocks traded declining 32 percent land 27 percent respectively compared to Thursday.
Market activity led to 39 securities trading compared to 40 on Thursday and ended with 12 rising, 19 declining and eight, closing unchanged leading to the Junior Market Index dipping by just 2.14 points to settle at 3,963.43.
The PE Ratio, a measure used to compute appropriate stock values, averages 19.3. The PE ratio of stocks in the chart below is based on ICInsider.com earnings forecast for companies with financial years up to August 2022.
Overall, 8,801,134 shares traded for $37,926,339 down sharply from 12,953,091 units at $51,920,823 on Thursday, with Future Energy Source leading trading with 2.02 million shares for 23 percent of total volume to end at a closing high of $5.05, followed by Tropical Battery with 1.39 million units for 15.8 percent of the day’s trade, Jamaican Teas, 1.15 million units for 13.1 percent market share, Lasco Financial ended with 1.02 million units changing hands for 11.5 percent market share.
Trading averaged 225,670 shares at $972,470 down from 323,827 shares at $1,298,021 on Thursday and month to date an average of 371,276 units at $1,412,254 compared to 378,787 units at $1,434,941 on the previous day. January closed with an average of 319,395 units at $1,181,136.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and three stocks with lower offers.
At the close, Access Financial shed 68 cents to close at $19.97 with an exchange of 6,907 shares, Blue Power fell 25 cents to $3.25 trading 10,919 stocks, Cargo Handlers climbed 79 cents to $8.89, with 27,589 stock units changing hands. Dolphin Cove advanced 71 cents to end at $27.71 while exchanging 169,845 units, Express Catering declined 24 cents in closing at $5.90, with 227,081 shares clearing the market, General Accident rose 17 cents to $6.27 after 10,000 stocks crossed the market. iCreate dropped 12 cents in closing at 77 cents, with 112,700 stock units changing hands, Knutsford Express lost $1.12 to end at $6.88 in an exchange of 38,831 units, Lasco Financial fell 20 cents to close at $3.30 in switching ownership of 1,016,019 units. Limners and Bards gained 16 cents to end at $3.67 with the swapping of 114,604 stocks, Mailpac Group declined 13 cents to end at $2.90, with 231,922 shares crossing the market, Medical Disposables dropped 40 cents to close at $6.60 after trading 8,935 stock units. 
SSL Venture lost 21 cents to $1.33 in trading 5,877 stocks, Stationery and Office Supplies shed 10 cents in closing at $7.40 after exchanging 5,131 stock units and tTech rallied 29 cents at $4.29 crossing the exchange 100 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Minor slippage for Junior Market
February 25, 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, Caribbean Producers, Consolidated Bakeries, Daily Trading, Derrimon Trading, Dolphin Cove, Elite Diagnostic, Emerging markets, Everything Fresh, Express Catering, FESCO, Fontana, FosRich, Future Energy Source, General Accident, Honey Bun, iCreate, Indies Pharma, Iron Rock Insurance, Jamaica Stock Exchange, Jamaican stocks, Jamaican Teas, Jetcon Corporation, 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
About IC Insider.com
