The volume and value of stocks trading on Friday declined 48 percent lower from Thursday’s outturn at the close of the Jamaica Stock Exchange Junior Market, leaving the market Index to dip 16.67 points to 3,327.84 and down for the week as well from 3,339 points at the close of last week.
A mere 33 securities traded on Friday, down from 37 on Thursday and ended with 12 rising, 16 declining and five closing unchanged.
The PE Ratio, a measure that determines appropriate relative values of stocks, averages 12.6 based on ICInsider.com’s 2021-22 earnings forecast.
At the close of the market 4,452,883 shares traded for $13,121,224 down from 8,643,634 units changing hands at $25,023,570 on Thursday. Future Energy Source led trading with 31.2 percent of total volume after exchanging 1.39 million shares. MailPac Group followed with 12 percent for 533,445 units and General Accident 6.7 percent, with 300,000 units.
Trading averaged 134,936 units at $397,703 in contrast to 233,612 at $676,313 on Thursday. Month to date trading averages 187,419 units at $600,090, compared to 193,078 units at $621,916 on Thursday. May closed with an average of 318,089 units at $760,337.
Investor’s Choice bid-offer indicator reading shows no stock ending with the bid higher than the last selling price and four with lower offers.
At the close, Access Financial climbed 8 cents to $22.38 with an exchange of just one share, Cargo Handlers fell 11 cents to $8.25 with the swapping of 5,000 units. Caribbean Assurance Brokers lost 5 cents to close at $2, with 19,452 stocks clearing the market, Caribbean Cream rallied 37 cents to $6.20, with 30 units changing hands, Caribbean Producers lost 5 cents in closing at $4 with a transfer of 145,073 shares, Consolidated Bakeries rose 12 cents to end at a 52 weeks’ high of $1.90 in an exchange of 7,800 stock units, Derrimon Trading fell 10 cents to $2.49 with the swapping of 51,500 shares. Express Catering spiked 60 cents to $5.40, with 141,004 stocks clearing the market. General Accident dipped 5 cents to $5.75 in switching owners of 300,000 stock units, Honey Bun shed 18 cents to close at $6.52 with an exchange of 174,208 shares, Indies Pharma lost 10 cents to end at $3.90 in transferring 36,798 stocks. 
Jamaican Teas rose 5 cents to $4.05, with 135,367 shares changing hands, Jetcon Corporation increased 4 cents in closing at a 52 weeks’ high of $1.75, after trading 177,520 units, Lasco Financial slipped 7 cents to $3.63 after exchanging 36,904 shares. Limners and Bards rose 15 cents to $3.15 in switching ownership of 124,109 stock units, Medical Disposables fell 49 cents to $4.36 after trading 17,658 units and Stationery and Office Supplies shed $1 to end at $8 in switching ownership of 27,109 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
