Stocks mostly rose in trading on Thursday on the Jamaica Stock Exchange Junior Market, with the Market Index jumping 40.52 points to 4,104.06 as the volume of stocks traded surged 217 percent more than on Wednesday as the value jumped by 226.00 percent.
A total of 40 securities traded down from 44 on Wednesday, with 21 rising, eight declining and 11 closing unchanged.
The PE Ratio, a measure used in computing appropriate values for stocks, averages 22.2 for the Junior Market. The PE ratio of stocks in the chart below is based on ICInsider.com’s forecasted earnings for companies with financial years to the end of August 2022.
Overall, 51,849,620 shares traded for $167,982,544 compared to 16,377,032 units at $51,552,856 on the Wednesday. Spur Tree Spices led trading with 37.14 million shares accounting for 71.6 percent of total volume, followed by Jetcon Corporation, 3.24 million units for 6.3 percent of the day’s trade, FP Limited with 2.98 million units for 5.7 percent market share. EduFocal chipped in with 2.53 million units for 4.9 percent market share, Future Energy Source traded 1.35 million units for 2.6 percent market share and Tropical Battery ended with 1.22 million units for 2.4 percent market share of the overall volume.
Trading averaged 1,296,241 shares at $4,199,564 in contrast to 372,205 shares at $1,171,656 on Wednesday with the month to date, averaging 639,741 units at $2,373,786 compared to 600,606 units at $2,264,947 on the previous trading day. February closed with an average of 370,064 units at $1,402,517.
Investor’s Choice bid-offer indicator shows one stock ended with the bid higher than the last selling price and two with lower offers.
At the close, Access Financial lost $1 to $20 in switching ownership of 5,271 shares, Blue Power shed 19 cents to end at $4 in exchanging 3,127 stock units, Cargo Handlers rose 80 cents in closing at $11.40 with an exchange of 12,093 units. Caribbean Assurance Brokers gained 16 cents to close at $2.20 with 98,983 stocks changing hands, EduFocal popped 23 cents to $3.37 in exchanging 2,532,213 stocks, Everything Fresh increased 11 cents to $1.21, with 11,031 units changing hands. Future Energy Source advanced 10 cents to close at $6.30 after 1,350,570 stock units crossed the exchange, Jamaican Teas rallied 10 cents to end at $3.71 after exchanging 599,034 shares, Jetcon Corporation climbed 21 cents to $1.11 with the swapping of 3,243,403 stocks. Lasco Distributors popped 24 cents to $3.79, with 13,228 stock units crossing the market, Limners and Bards rallied 10 cents to close at $3.30 after an exchange of 442,861 shares Main Event declined 97 cents to $8, with 84,780 units clearing the market. 
Paramount Trading gained 13 cents in ending at $1.75 after trading 4,859 stock units, Spur Tree Spices advanced 25 cents to $3.60 with 37,136,928 units passing through the exchange, SSL Venture dropped 50 cents to end at $1.50 as 313,121 shares were traded and tTech increased 23 cents in closing at $4.29 after exchanging 207 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
