Most Junior Market stocks rose

Junior Market trading closed on the Jamaica Stock Exchange on Monday, with the volume of stocks traded rising 10 percent more and the value 21 percent higher than on Friday with 47 securities trading versus 45 on Friday and ending with prices of 20 rising, 14 declining and 13 closing unchanged.
A total of 21,969,586 shares were exchanged for $68,081,567 up from 20,063,473 units at $56,261,266 on Friday.
Trading averaged 467,438 shares at $1,448,544 compared to 445,855 units at $1,250,250 on Friday, with the month to date, averaging 621,573 units at $2,002,392 versus 645,170 units at $2,087,184 on the previous trading day. August closed with an average of 407,186 units at $1,330,946.
ONE on ONE Educational led trading with 6.52 million shares for 29.7 percent of total volume followed by iCreate, 3.23 million units for 14.7 percent of the day’s trade, Jamaican Teas ended with 3.21 million units for 14.6 percent of the day‘s trade, Future Energy Source traded 2.11 million units for 9.6 percent market share, Fosrich closed with 1.90 million units for 8.7 percent of the market and Dolla Financial, with 1.30 million units for 5.9 percent market share.
At the close, the Junior Market Index declined 26.25 points to settle at 4,156.80.
The PE Ratio, a measure of computing appropriate stock values, averages 12.9. The PE ratios of Junior Market stocks incorporate projected earnings for companies with financial year end that falls between November this year and August 2023.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Access Financial dipped $2 to $20 after exchanging 37,838 shares, Cargo Handler popped 87 cents to $14.75 while exchanging 2,246 stocks, Caribbean Cream rose 67 cents to $4.67 in an exchange of 111 stock units. Consolidated Bakeries increased 25 cents to close at $2.25 with investors trading 57,276 units, Derrimon Trading rallied 7 cents to end at $2.27, with 72,644 units crossing the exchange, Dolla Financial declined 12 cents to $3.34 and closed after 1,296,994 shares changed hands, EduFocal climbed 13 cents to $2.41 in trading 423,199 stock units, Express Catering lost 27 cents after ending at $5.45 in exchanging 234,945 stocks, Fosrich advanced 15 cents in closing at $4.35 in trading 1,903,793 stocks. Indies Pharma gained 9 cents to end at $3.09 after exchanging 130,520 units, Jetcon Corporation rose 7 cents to close at $1.18 with the transfer of 3,067 stock units, KLE Group dropped 27 cents to $1.80, with 6,099 shares changing hands. Lumber Depot shed 10 cents to end at $2.90 with an exchange of 233,464 units, Main Event fell 98 cents to $5.52, with 30,948 stocks crossing the market, Medical Disposables rallied 10 cents in ending at $5.95 after a transfer of 6,021 stock units and MFS Capital Partners declined 40 cents in ending at $3.15 with the swapping of 200,025 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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