More gains for Junior Market

Trading closed on the Junior Market of the Jamaica Stock Exchange Thursday, with the volume of stocks traded declining 75 percent and the value 69 percent lower than on Wednesday, with trading in 40 securities compared with 44 on Wednesday and ended with 12 rising, 17 declining and 11 closing unchanged.
A total of traded 5,932,563 shares for $14,914,276 versus 24,163,009 units at $48,793,161 on Wednesday.
Trading averaged 148,314 shares at $372,857 compared to 549,159 shares at $1,108,935 on Wednesday, with the month to date averaging 240,794 units at $554,433 compared with 257,685 stock units at $587,598 on the previous day. July closed with an average of 326,541 units at $843,878.
EduFocal led trading with 1.49 million shares for 25.2 percent of total volume, followed by Stationery and Office Supplies with 1.06 million units for 17.8 percent of the day’s trade and Dolla Financial with 607,418 units for 10.2 percent market share.
At the close, the Junior Market Index rose for a second day with an increase of 11.60 points to end at 3,926.05.
The PE Ratio, a measure of computing appropriate stock values, averages 10.7. The PE ratios of Junior Market stocks are calculated 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 three stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Access Financial shed 15 cents to end at $25.15 after 9 shares changed hands, Blue Power rose 15 cents to close at $2.50 after trading 23,061 stocks, Caribbean Flavours climbed 10 cents to $1.33 in switching ownership of 212 units, Consolidated Bakeries gained 15 cents and ended at $2.75 and closed with an exchange of 102 stock units. Dolla Financial lost 18 cents to end at $2.78 after 607,418 units crossed the exchange, Dolphin Cove advanced 30 cents to close at $16.50 with an exchange of 1,000 shares, Everything Fresh fell 19 cents to $1.34 in trading 58,667 stocks, Fosrich declined 15 cents in closing at 52 weeks’ low of $2, with 245,588 stock units crossing the market. General Accident increased 19 cents to end at $4.89 after exchanging 17,000 stock units, Honey Bun rallied 49 cents and ended at $6.74, with 123,232 units crossing the market, Image Plus Consultants dipped 9 cents in ending at $2.11 with a transfer of 271,562 stocks, ISP Finance popped 49 cents to end at $26.49, with 144 shares clearing the market. Lasco Distributors advanced 25 cents to $4.10 after an exchange of 91,515 stocks, Limners and Bards dipped 9 cents in closing at $1.71 as investors exchanged 154,434 shares, Lumber Depot shed 13 cents to close at $1.95 while exchanging 59,020 units, MFS Capital Partners fell 10 cents to $2.40 after a transfer of 63,103 stock units.Regency Petroleum dipped 8 cents to $2.43 in an exchange of 180,460 units and Spur Tree Spices gained 10 cents to end at $2.30, after 10,000 stocks changed hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.