The Junior Market Index held on to a strong 51.94 points gain on Monday to close at 3,926.28 after the market opened up more than 73 points in early trading, the market closed, with the volume of stocks traded declining 63 percent and the value dropped by 50 percent lower than on Friday at the close of the Jamaica Stock Exchange Junior Market.
All 43 listed securities traded, up from 38 on Friday ending with 17 rising, 20 declining and six, closing unchanged.
The PE Ratio, a measure used to compute appropriate stock values, averages 18. The PE ratio of each stock in the chart below is computed based on ICInsider.com earnings forecast for companies with financial years, up to August 2022.
Overall, 7,558,016 shares traded for $29,196,251 down from 20,499,585 units at $58,896,925 on the previous trading day. Friday Tropical Battery led trading with 2 million shares for 26.5 percent of total volume followed by Cargo Handlers 1.74 million units with 23.1 percent of the day’s trade and Mailpac Group, 598,735 units with 7.9 percent market share.
Trading averaged 175,768 shares at $678,983 in contrast to 539,463 shares at $1,549,919 on Friday and month to date, averaging 407,796 units at $1,547,735, compared to 424,793 units at $1,611,375 on Friday. January closed with an average of 319,395 units at $1,181,136.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and none with a lower offer.
At the close, Blue Power advanced 30 cents to $3.45 in exchanging 3,320 shares, CAC 2000 fell 18 cents to close at $8.07, with 15,080 units changing hands, Caribbean Cream shed 23 cents in closing at $4.77 with 948 stocks crossing the market. Dolphin Cove rallied $1.05 to end at $27.50 trading 78,718 stock units, Express Catering declined 14 cents to $6.10 in switching ownership of 59,229 stock units, Fontana rose 70 cents to $10.70, with 105,560 units crossing the market. Future Energy Source gained 10 cents to close at $4.60 with the swapping of 454,659 stocks, General Accident lost 27 cents in closing at $6, with 43,500 shares crossing the exchange, Honey Bun climbed 38 cents to $9.89 trading 24,164 units. iCreate popped 23 cents to end at 83 cents while exchanging 437,630 shares, Iron Rock Insurance increased 32 cents to end at $3.42 after exchanging 332 stock units, ISP Finance gained $4.20 after ending at $32.20 with just 15 stocks changing hands. 
KLE Group dropped 15 cents to close at $2.55 with an exchange of 2,600 shares, Main Event climbed 10 cents to $5.10, with 5,264 units clearing the market, Paramount Trading rallied 10 cents in closing at $2.05 after exchanging 42,100 stock units. Spur Tree Spices advanced 11 cents to $3.16 in an exchange of 321,729 stocks, SSL Venture declined 30 cents in closing at $1.60 in trading 2,921 shares, Stationery and Office Supplies popped 20 cents to end at $7.50 trading 1,394 stocks and tTech shed 35 cents to $4 closed with the trading of 2,045 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Strong rebound for Junior Market
February 21, 2022 by IC Insider.com
Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: Access Financial, AMG Packaging, Best performing stock market, Blue Power, CAC2000, Cargo Handlers, Caribbean Assurance Brokers, Caribbean Cream, Caribbean Flavours, Caribbean Producers, Consolidated Bakeries, Daily Trading, Derrimon Trading, Dolphin Cove, Elite Diagnostic, Emerging markets, Everything Fresh, Express Catering, FESCO, Fontana, FosRich, Future Energy Source, General Accident, GWest, Honey Bun, iCreate, Indies Pharma, Iron Rock Insurance, ISP Finance, Jamaica Stock Exchange, Jamaican stocks, Jamaican Teas, Jetcon Corporation, KLE Group, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Limners and Bards, Main Event, Medical Disposables, Paramount Trading, SSL Venture Capital, Stationery and Office, Trading Activity, tTech
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