More big Junior Market fall as winners = losers

Trading ended with 44 securities changing hands on the Jamaica Stock Exchange Junior Market Wednesday, down from 45 on Tuesday, with stocks rising and declining, accounting for 19 each, with six closing unchanged, resulting in the Market Index dipping 2.56 percent compared to 5.52 percent on Tuesday, with a 102.39 points dive to 4,027.35 and cutting the year to date gains from 33.7 percent to May 9^th down to 17.5 percent.  
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 companies with financial years closing up to the end of August 2023.
The market closed, with the volume of stocks traded dropping 49 percent and the value falling 47 percent from Tuesday, with 12,355,521 shares traded for $52,828,520, down from 24,253,233 units at $99,156,469 on Tuesday. Trading averaged 280,807 shares at $1,200,648 in contrast to 538,961 shares at $2,203,477 on Tuesday with the month to date, averaging 421,331 units at $1,814,834 compared to 430,189 units at $1,853,550 on the previous trading day. April closed with an average of 449,923 units at $1,781,786.
JFP Limited led trading with 1.40 million shares for 11.3 percent of total volume, followed by Mailpac Group with 1.21 million units for 9.8 percent of the day’s trade and Spur Tree Spices, 874,669 units for 7.1 percent market share.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and two with lower offers.
At the close of trading, Access Financial shed 91 cents to $20 in exchanging 23,441 shares, Cargo Handlers rose $1.30 to $11.70 in switching ownership of 20,216 units, Consolidated Bakeries gained 10 cents to close at $1.30 with an exchange of 89 stocks. Derrimon Trading lost 10 cents to $2.80 in exchanging 413,498 stock units, Dolphin Cove dropped 66 cents to $16.32 after trading 65,728 stocks, EduFocal rallied 24 cents to close at $2.99 trading 801,269 units. Elite Diagnostic fell 30 cents in closing at $3.21 in an exchange of 701,574 shares, Fosrich declined 70 cents after ending at $24.30, trading 523,023 stock units, Future Energy Source climbed 37 cents to end at $5.89, with 678,182 units changing hands. Honey Bun advanced 49 cents to $8.50 in trading 5,551 shares, Jetcon Corporation rose 13 cents in closing at $1.43 with 63,519 stocks clearing the market, KLE Group popped 21 cents in ending at $2.61 with the swapping of 38,923 stock units. Lasco Financial rose 18 cents to end at $3.49 while exchanging 32,012 shares, Lasco Manufacturing advanced 25 cents to close at $5.25 after an exchange of 53,401 stocks, Main Event fell 10 cents to $8.20 after 119,934 stock units crossed the market. Medical Disposables declined 55 cents in ending at $7, with 48,129 units crossing the market, Paramount Trading increased 10 cents to $1.90 with 22,030 stocks changing hands, Spur Tree Spices gained 16 cents to close at $3.66 after 874,669 shares were traded. SSL Venture rallied 14 cents in closing at $1.80, with 82,989 units changing hands and Stationery and Office Supplies dropped $1.35 to end at $10.65 with the swapping of 12,900 stock units.
In the preference segment, CAC 2000 9.5% preference share shed 16 cents in ending at $1, exchanging 3,187 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.