New record high for the JSE Junior Market.
Jamaica Stock Exchange Junior Market closed at a new record high of 4,058.99 after peaking at 4,076.01 points as the market opened, to gain 18.4 percent for the year to date after advancing 43.55 points at the close in trading on Monday, as more stocks rose than declined but with the volume traded declining 18 percent and the value down 25 percent from Friday’s levels at the close.
All 43 securities traded similar to Friday and ended with 24 rising, 16 declining and three, closing unchanged as Cargo Handlers and Tropical Battery closed at 52 weeks highs.
The PE Ratio, a measure used to compute appropriate stock values, averages 18.2. The PE ratio of each stock in the chart below is based on ICInsider.com earnings forecast for companies with financial years up to August 2022.
A total of 15,483,691 shares traded for $55,132,940 down from 18,918,318 units at $73,171,056 on Friday. Tropical Battery led trading with 3.62 million shares for 23.4 percent of total volume followed by Spur Tree Spices with 3.44 million units for 22.2 percent of the day’s trade and Future Energy Source with 2.06 million units for 13.3 percent market share and Lumber Depot traded 1.50 million units accounting for 9.7 percent market share.
Trading Monday averaged 360,086 shares at $1,282,161 down from 439,961 stock units at $1,701,652 on Friday and month to date, an average of 417,668 units at $1,687,229 compared to 424,167 units at $1,732,946 on the prior trading day. January closed with an average of 319,395 units at $1,181,136.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Access Financial gained 22 cents in closing at $20.52 after trading 35 shares, AMG Packaging lost 18 cents to $3.30 with an exchange of 29,986 stocks, Blue Power popped 40 cents to $3.41 exchanging 225 stock units. CAC 2000 rallied 40 cents to close at $8.25 with the swapping of 51 units, Cargo Handlers climbed $1.02 to end at a 52 weeks’ high of $8.90 trading 65,999 stock units, Caribbean Cream declined 34 cents in closing at $4.91 after an exchange of 2,544 shares. Consolidated Bakeries rose 12 cents to close at $1.25 trading 293,849 units, Dolphin Cove increased 50 cents to end at $29.50 in exchanging 86,258 stocks, Elite Diagnostic dropped 28 cents to $3.21 after 186,180 shares crossed the market. Express Catering advanced $1.34 ending at $7, with 307,546, stock units changing hands, Fontana increased 28 cents to $10.40 in an exchange of 370,638 stocks, Fosrich rose 20 cents to $14.60, with 50,472 units crossing the market. Future Energy Source rallied 19 cents to close at $4.99 after exchanging 2,055,506 units, General Accident advanced 34 cents to end at $7.10 in switching ownership of 62,501 stocks, Honey Bun climbed 25 cents in closing at $9.95 with 47,744 shares clearing the market. 
Indies Pharma fell 31 cents in closing at $3 while exchanging 279,128 stock units, Iron Rock Insurance shed 10 cents to $3.85 in trading 101 units, ISP Finance gained $3.30 to close at $36.30 in trading 20 shares. KLE Group dropped 14 cents after ending at $2.71 with an exchange of 388 stocks, Knutsford Express declined 10 cents to $7.80 with 27,508 stock units changing hands, Lasco Distributors shed 10 cents to close at $3.70 in switching ownership of 83,917 stocks. Lasco Manufacturing fell 27 cents ending at $4.68 after 365,605 stock units crossed the market, Limners and Bards lost 29 cents to close at $3.51 in trading 341,860 units, Lumber Depot dropped 10 cents to end at $3.71 in exchanging 1,498,710 shares. Main Event popped 50 cents in closing at $5 after an exchange of 13,549 shares, Medical Disposables gained 30 cents to $7.40, with 3,111 stock units crossing the market, Paramount Trading shed 10 cents to close at $1.90 while exchanging 64,000 units. SSL Venture rallied 30 cents to $1.90 trading 14,950 stocks and Tropical Battery popped 46 cents to end at a record closing high of $1.98 after exchanging 3,620,978 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
