More slipping for JSE Junior Market

Trading closed on Monday, with the volume of stocks declining 95 percent and the value 94 percent less than on Friday on the Jamaica Stock Exchange Junior Market, but the day ended with more stock prices rising than declining.
Market activity led to 34 securities trading as was the case on Friday and ended with 15 rising, 11 declining and eight, closing unchanged.
The Junior Market Index suffered another decline at the close, falling 16.63 points to 3,320.84.
The PE Ratio, a measure used to compute appropriate stock values, averages 14.3. The PE ratio of each stock is shown in the chart below, is based on earnings forecasted by ICInsider.com for companies with their financial year ending up to August 2022.
Overall a total of 6,562,086 shares traded for $21,893,075 down sharply from 143,917,891 shares at $397,668,745 on Friday. Lumber Depot, for a second day, led trading with 4.08 million shares for 62.2 percent of total volume, followed by Caribbean Assurance Brokers with 717,376 units for 10.9 percent of the day’s trade and Mailpac Group with 290,554 units and 4.4 percent market share.
Trading averaged 193,003 shares at $643,914 in contrast to 4,232,879 shares at $11,695,894 on Friday with the month to date, averaging 1,101,032 units at $3,175,448 down from 1,386,894 units at $3,972,320 on Friday. November closed with an average of 160,358 units at $581,730.
Investor’s Choice bid-offer indicator shows six stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, Access Financial popped 50 cents to $20 in swapping 3 shares, Blue Power dropped 33 cents to $3.30 after trading 9,438 stock units, Cargo Handlers rose 97 cents to end at $7.98, with an exchange of one share. Caribbean Assurance Brokers fell 37 cents to $2.61 in trading 717,376 stocks, Caribbean Cream increased 10 cents to close at $5.80 with an exchange of 710 shares, Consolidated Bakeries rallied 5 cents to $1.50 after clearing the market with 10,000 stocks. Dolphin Cove fell 50 cents to $12.50 in an exchange of 89,323 stock units, Elite Diagnostic climbed 13 cents in closing at $3.10 in switching ownership of 10,785 units, Express Catering shed 5 cents to close at $5.65 while exchanging 22,069 stock units. Fontana declined 6 cents to end at $7.24, trading 117,190 units, General Accident gained 13 cents to close at $6.13, trading 1,130 shares, Honey Bun popped 5 cents to end at $9.70 in exchanging 21,564 stocks. iCreate fell 5 cents in closing at 86 cents, with 100,948 stocks changing hands, Lasco Distributors spiked 5 cents to $3.10, with 60,310 stock units crossing the market, Limners and Bards lost 18 cents in ending at $3.37 after trading 136,434 units. Lumber Depot increased 57 cents in closing at $3.32 in an exchange of 4,083,632 shares, Mailpac Group declined 32 cents to $3.12 after exchanging 290,554 shares and Medical Disposables advanced 40 cents to end at $6.70, trading 19,149 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.