Steady trading for JSE Junior Market

Stocks just edged lower in trading on the Junior Market of the Jamaica Stock Exchange Tuesday, with the volume of stocks traded rising 21 percent and the value 24 percent more than on Monday following trading in 47 securities similar to Monday and ended with 19 rising, 17 declining and 11 closing unchanged.
Investors traded 7,029,208 shares for $15,932,727 compared with 5,812,729 units at $12,880,143 on Monday.
Trading averaged 149,558 shares at $338,994 compared to 123,675 shares at $274,046 on Monday, with the month to date, averaging 325,801 units at $4,205,044 compared to 346,614 stock units at $4,661,588 on the previous day. March closed with an average of 509,288 units at $1,071,868.
Spur Tree Spices led trading with 1.29 million shares for 18.3 percent of total volume followed by JFP Ltd with 1.18 million units for 16.8 percent of the day’s trade and ONE on ONE Educational with 1.17 million units for 16.7 percent of the day’s trade.
At the close, the Junior Market Index shed just 2.02 points to finish at 3,712.28.
The PE Ratio, a measure of computing appropriate stock values, averages 11.3. The PE ratios of Junior Market stocks are computed using the last traded stock 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 one stock with a lower offer.
At the close, AMG Packaging popped 47 cents to close at $3.12 with an exchange of 20,615 shares, Cargo Handlers climbed 50 cents to  $14 after 43 stock units crossed the market, Consolidated Bakeries fell 43 cents to $2.07 as investors transferred 30,858 units, EduFocal advanced 19 cents in closing at $2.22, following an exchange of 55,995 stocks, Express Catering lost 16 cents to end at $5.59 after exchanging 19,317 stock units, General Accident declined 35 cents to $4.69 in switching ownership of 10,000 shares, GWest Corporation shed 12 cents to end at 92 cents in trading 7,176 units, Honey Bun gained 17 cents after ending at $6.47, with an exchange of 2,398 stocks, iCreate increased 16 cents to close at $1.59, with 118,218 stocks changing hands, ISP Finance rose $1.49 in closing at $21 with the swapping of 200 units, Jetcon Corporation rallied 24 cents to $1.30 as 102,293 shares passed through the market, KLE Group gained 17 cents to close at $1.87 with 159 stock units clearing the market, Knutsford Express price increased 70 cents in closing at $11.70 after 26,178 stocks were traded, Lasco Distributors dipped 18 cents in ending at $2.40 after a transfer of 59,283 shares, Lasco Manufacturing fell 15 cents to $4.15 in an exchange of 57,213 stock units, Main Event shed 25 cents after ending at $12.80, with an exchange of 19,904 units and Stationery and Office Supplies advanced 85 cents to end at $15.15 as investors exchanged a mere 140 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.