OneonOne the dominant stock

Trading jumped sharply at the close of the Junior Market of the Jamaica Stock Exchange Tuesday, with the volume of stocks traded rising 117 percent and the value climbing 58 percent over Monday, with OneonOne Educational cornering 33 million shares after 44 securities were active versus 43 on Monday, resulting in prices of 19 rising, 14 declining and 11 closing unchanged.

Ricardo Allen CEO of One to One

A total of 45,397,558 shares were exchanged for $124,937,848 up from 20,936,329 units at $79,292,490 on Monday. Trading averaged 1,031,763 shares at $2,839,497 compared to 486,891 shares at $1,844,011 on Monday with the month to date, averaging 578,794 units at $2,062,220 compared to 425,481 units at $1,799,142 on the previous trading day. August closed with an average of 407,186 units at $1,330,946.
ONE on ONE  led trading with 33.15 million shares for 73 percent of total volume, followed by Dolla Financial with 4.37 million units for 9.6 percent of the day’s trade. Fosrich ended with 3.02 million units for 6.6 percent market share and MFS Capital Partners traded 1.24 million units for 2.7 percent of the day’s trade.
At the close, the Junior Market Index rallied 4.95 points to settle at 4,303.70 after OneonOne traded at a record closing high of $2.40 and Lasco Distributors traded at an intraday 52 weeks’ low of $2.81.
The PE Ratio, a measure of computing appropriate stock values, averages 13.3. 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 four stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Access Financial dropped $4 to end at $21 after exchanging 747 shares, but coded with the bid at $22, AMG Packaging rose 35 cents in closing at $4 while exchanging 3,001 units, CAC 2000 added 89 cents to close at $6.89, with 6,008 stocks crossing the market. Caribbean Flavours increased 12 cents to $1.92 with the swapping of 246,201 stock units, Consolidated Bakeries advanced 15 cents in ending at $2.25 after exchanging 54,890 stock units, Dolla Financial gained 10 cents after ending at $3.55 in exchanging 4,369,384 units. Dolphin Cove dipped 18 cents in closing at $15 in trading 76,666 stocks, Elite Diagnostic popped 10 cents to $3.43 after a transfer of 956 shares, Everything Fresh rallied 22 cents to close at $1.95, with 229,950 stocks crossing the market. Express Catering climbed 14 cents to $5.74 with investors transferring 2,182 units, Jamaican Teas gained 14 cents to close at $2.65 with 41,044 shares changing hands, Limners and Bards lost 16 cents to end at $2.82 after trading 919 stock units. Lumber Depot climbed 25 cents to $3.09 in switching ownership of 129,075 shares, Main Event fell 76 cents in closing at $6.89, with 12,850 stock units clearing the market, MFS Capital Partners popped 25 cents to $4, with 1,241,816 stocks changing hands and Stationery and Office Supplies declined 93 cents to close at $17 with a transfer of 5,995 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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