SOS highlights Junior Market trading

Stationery and Office Supplies was the highlight of the Junior Market of the Jamaica Stock Exchange on Tuesday with the price closing at a record high of $26.45 with more than 500,000 share trading and closed with bids at $26.45 to buy 220,709 shares and at $26 to buy 114,415 shares, in contrast,  stocks offered at the close were light starting at $30.50. The sharp rally follows an announcement of a directors’ meeting on Wednesday to discuss a possible stock split.
Trading closed with the volume of stocks traded rising 53 percent, with an increase of 182 percent in value compared to Monday, following trading in 43 securities compared with 44 on Monday and ended with 14 rising, 18 declining and 11 closing unchanged.
Investors traded 8,787,937 shares for $48,253,320 up from 5,733,266 units at $17,140,162 on Monday.
Trading averaged 204,371 shares at $1,122,170, with 130,302 shares at $389,549 on Monday, with  a month to date, average of 189,456 units at $551,155 compared to 188,336 stock units at $508,304 on the previous day. May closed with an average of 239,954 units at $648,811.
Image Plus Consultants led trading with 1.28 million shares for 14.6 percent of total volume followed by Dolphin Cove with 1.17 million units for 13.3 percent of the day’s trade and Fosrich with 935,005 units for 10.6 percent market share.
At the close, the Junior Market Index advanced 31.19 points to settle at 3,911.10 and reclaimed the 3,900 mark, the highest since Mid-February.
The PE Ratio, a measure of computing appropriate stock values, averages 11 The PE ratios of Junior Market stocks are computed using the last traded price in conjunction with ICInsider.com’s projected earnings for the financial years ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Cargo Handlers declined $3.80 to close at $18.20 in trading 275 shares, Caribbean Assurance Brokers fell 10 cents to end at $2.50 in an exchange of 97,168 stock units, Caribbean Cream dropped 17 cents to $4 with stakeholders exchanging 95,150 units.Caribbean Flavours dipped 21 cents in closing at $1.15, with 111,166 stocks crossing the exchange, Dolla Financial shed 9 cents and ended at $2.50 as investors exchanged 481,548 stocks, Elite Diagnostic rose 27 cents to close at $2.30 with a transfer of 692 units. Express Catering lost 21 cents to close at $4.99, with 105,200 stock units crossing the market, Fosrich fell 23 cents to $2.30 after 935,005 shares were traded, Honey Bun rallied 46 cents and ended at $6.96 with 8,515 stocks clearing the market. iCreate lost 18 cents to end at $1.07 in switching ownership of 118,688 units, Iron Rock Insurance climbed 15 cents to $2.15 as 237 shares passed through the market, ISP Finance dipped $6.49 to $19.91 after an exchange of 5,211 stock units. JFP Ltd shed 11 cents and ended at $1.57 in an exchange of 930,469 units, Lasco Manufacturing advanced 10 cents to close at $4.50 with investors transferring 344 shares, Main Event increased 86 cents in closing at $14.75, with 55,905 stocks crossing the market, Regency Petroleum declined 20 cents to close at $2.60 while exchanging 705,529 stock units and Stationery and Office Supplies gained $6.45 in closing at a record high of $26.45 with shareholders swapping 523,811 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.