At the close of trading on Wednesday, Junior Market stocks gave back a sizeable portion of Tuesday’s near 80 points gain, with the Index slipping 37.64 points to close at 3,326.94. The volume of stocks traded declined marginally, with the value rising 24 percent over Tuesday at the close of the Jamaica Stock Exchange Junior Market.
For a second consecutive day, 37 stocks traded and ended with 18 rising, 15 declining and four closing unchanged.
The PE Ratio, a measure used to compute appropriate stock values, averages 13.3. The PE ratio of each stock shown in the chart below is based on earnings forecast done by ICInsider.com for companies with financial years ending up to August 2022.
A total of 3,844,068 shares traded for $14,596,020 compared to 4,194,434 units at $11,727,353 on Tuesday. Jamaican Teas led trading in controlling 44.3 percent of total volume with 1.7 million shares for followed by Lumber Depot 15.7 percent with 602,207 units and Mailpac Group 7.7 percent with 297,012 shares.
Trading averaged 103,894 shares at $394,487 versus 113,363 shares at $316,955 on Tuesday, with the month to date, averaging 168,091 units at $575,677, compared to 171,979 units at $586,650 on Tuesday. September closed with an average of 207,032 units at $668,264.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and five with lower offers.
At the close, Access Financial dropped $2.34 in closing at $17.36 in exchanging 1,052 shares, AMG Packaging climbed 10 cents to $1.75 with the swapping of 100 stock units, Blue Power advanced 10 cents to $3.10 after trading 5,786 stocks. Cargo Handlers spiked 84 cents to $7.89 after 100 units crossed the exchange, Caribbean Cream shed 7 cents to close at $5.83, with 177,214 stocks changing hands, Consolidated Bakeries declined 5 cents to close at $1.70 in switching ownership of 8,150 shares. Derrimon Trading fell 5 cents in closing at $2.35 after exchanging 60,312 stock units, Dolphin Cove lost 81 cents to end at $9.43 in trading 152 units, Elite Diagnostic popped 19 cents to $3.29 after trading 12,171 shares. Everything Fresh fell 5 cents to 93 cents with an exchange of 58,434 stock units, Express Catering lost 13 cents to end at $5.20 after trading 48,352 units, Fontana climbed 20 cents to $6.50 in an exchange of 46,039 stocks. Fosrich fell 5 cents to close at $8.35, with 11,232 units crossing the exchange, General Accident popped 9 cents to $5.44 with 6,000 shares changing hands, GWest Corporation rallied 8 cents in closing at 93 cents while exchanging 16,43 stocks. Honey Bun increased 40 cents to $9, with 7,845 stock units clearing the market, iCreate rose 9 cents to 98 cents after 36,414 units crossed the exchange, ISP Finance dropped $2.03 to end at $47.97 trading just two stock units. Jamaican Teas shed 19 cents to close at $4.26 with an exchange of 1,701,459 stocks, KLE Group gained 17 cents in closing at $1.33, with 3,400 shares changing hands, Knutsford Express popped 10 cents to $7.30 after exchanging 908 stocks. 
Lasco Distributors rose 10 cents to close at $3.70 with 85,513 units changing hands, Lasco Manufacturing lost 30 cents to end at $4.50 while exchanging 58,570 stock units, Lumber Depot rose 6 cents to $2.92 with the swapping of 602,207 shares. Main Event dropped 44 cents in closing at $3.76 in trading 59,000 stock units and tTech rallied 45 cents in closing at $4.70 in switching ownership of 407 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
