The Junior Market Jamaica Stock Exchange hit a new intraday high immediately on opening at 4,292.32 points but ended lower at a record close of 4,255.28 after trading closed on Tuesday, with the volume of stocks traded falling 77 percent and the value slipping 75 percent from Monday’s trades.
A new record high for the JSE Junior Market.
Some 42 securities traded compared to 43 on Monday, with 17 rising, 18 declining and seven closing unchanged as the Market Index rose 49.92 points to close with a rise of 24 percent year to date at 4,255.28 or just under six percentage points from the gains for all of 2021.
The PE Ratio, a measure used to compute appropriate stock values, averages 22.3. 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 16,783,104 shares traded for $59,357,222, down sharply from 71,534,884 units at $242,214,271 on Monday. Mailpac Group led trading with 4.38 million shares for 26.1 percent of total volume, followed by EduFocal, 2.85 million units with 17 percent of the day’s trade, JFP Limited chipped in with 2.24 million units for 13.3 percent market share. Future Energy Source traded 1.49 million units accounting for 8.9 percent market share, Spur Tree Spices closed with 1.15 million units for 6.8 percent market share and Tropical Battery exchanged 1.06 million units, with 6.3 percent market share.
Trading averaged 399,598 shares at $1,413,267 in contrast to 1,663,602 shares at $5,632,890 on Monday with the month to date, averaging 674,163 units at $2,468,019 compared to 688,614 units at $2,523,532 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 two stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Access Financial advanced $1 to end at $20 with an exchange of 12,124 shares, AMG Packaging rose 19 cents to close at $2.99 after exchanging 6,298 stock units, Blue Power fell 84 cents in closing at $3.31 after trading 5,780 stocks. Caribbean Assurance Brokers rallied 19 cents to $2.48 in switching ownership of 3,500 units, Caribbean Cream dropped 12 cents to $5.10 in exchanging 889 stocks, Dolphin Cove popped $1.10 to end at $26.60 after 57,848 stock units changed hands. Elite Diagnostic climbed 11 cents to $2.92 after trading 96,277 units, Express Catering shed 10 cents ending at $6, with 146,676 shares crossing the market, Fosrich lost 15 cents to close at $16.35 with 54,691 stocks changing hands. Honey Bun rose 10 cents in closing at $9.80 in an exchange of 32,300 stock units, KLE Group declined 45 cents to close at $2.35 after exchanging 6,122 units, Lasco Financial lost 30 cents in ending at $3.20, with 219,550 shares crossing the exchange. Lasco Manufacturing declined 15 cents in closing at $5.60, with 597,490 stocks clearing the market. 
Mailpac Group shed 28 cents to close at $3.25 while exchanging 4,377,356 units, Main Event gained 40 cents to end at $8.90, with 11,273 shares crossing the market. Spur Tree Spices dropped 19 cents to close at $3.70, trading 1,149,011 stock units, SSL Venture fell 32 cents to $1.65 with the swapping of 502 shares and Stationery and Office Supplies shed 52 cents ending at $7.03 with 14,668 units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
