Rising Junior Market

Trading closed Thursday on the Junior Market, with the volume and value of stocks trading declining from  Wednesday’s level of trades and the market index putting in a solid performance to recover nearly all of the 38 points fall on Wednesday.
At the close, the Junior Market Index rallied 34.96 points to end at 3,361.90, after 36 securities traded compared to 37 on Wednesday and ended with 18 rising, 14 declining and four closing unchanged.
The PE Ratio, a measure used to compute appropriate stock values, averages 13.6. The PE ratio of each stock is shown in the chart below, is based on earnings forecasted by ICInsider.com for companies with their financial year ending up to August 2022.
A sum of 3,697,415 shares traded for $12,782,196 down from 3,844,068 units at $14,596,020 on Wednesday. Jamaican Teas led trading with 777,341 shares for 21 percent of total volume followed by Lumber Depot with 733,555 units after and 19.8 percent of the day’s trade and Limners and Bards with 421,749 units for 11.4 percent market share.
Trading averaged 102,706 shares at $355,061 in contrast to 103,894 shares at $394,487 on Wednesday, and month to date, averages 164,650 units at $564,066, compared to 168,091 units at $575,677 on Wednesday. September  closed with an average of 207,032 units at $668,264.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Access Financial climbed $2.34 to $19.70 with the swapping of 6,501 shares, CAC 2000 dropped $1.20 to end at $8.05 after 5,333 stocks crossed the exchange, Caribbean Assurance Brokers shed 13 cents to close at $1.65 after trading 3,143 stock units. Caribbean Cream rose 14 cents to $5.97 with 417 units changing hands, Consolidated Bakeries declined 15 cents to $1.55 in an exchange of 13,896 units, Derrimon Trading advanced 5 cents to $2.40 in trading 81,273 stock units. Dolphin Cove jumped 82 cents to close at $10.25 in exchanging 10,476 shares, Everything Fresh rose 5 cents to 98 cents, with 305 stocks crossing the market, Express Catering lost 20 cents in closing at $5 after exchanging 17,424 stock units. Fontana popped 38 cents to end at $6.88 after exchanging 86,886 units, Fosrich spiked 9 cents to close at $8.44 while exchanging 16,367 stocks, Honey Bun rallied 28 cents to $9.28, with 114,985 shares crossing the market. iCreate fell 6 cents to 92 cents with an exchange of 68,175 shares, Indies Pharma rose 21 cents to end at $3.40, with 21,438 stock units changing hands, Jamaican Teas increased 19 cents to $4.45 in switching ownership of 777,341 stocks. Knutsford Express spiked 75 cents to $8.05, with 712 units clearing the market, Lasco Distributors declined 10 cents to close at $3.60 after exchanging 22,430 stock units, Lasco Financial dropped 14 cents to $3.05 in trading 59,314 units. Lasco Manufacturing lost 20 cents to $4.30 after 27,840 shares crossed the exchange, Mailpac Group advanced 6 cents to $3.83 in exchanging 201,426 stocks, Main Event gained 24 cents to end at $4 with 7,500 shares changing hands. Medical Disposables fell 32 cents in closing at $4.93, after trading 47,340 stocks, Stationery and Office Supplies shed 10 cents to $6 with an exchange of 13,398 stock units and tTech fell 45 cents to end at $4.25, after 1,143 units crossed the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.