Surge in trading as most prices drop

The volume of stocks traded surged on Monday on the Junior Market of the Jamaica Stock Exchange with ONE on ONE Educational trading with 31.23 million shares followed by Everything Fresh with 29.22 million that pushed the number of stocks traded up by a massive 970 percent valued 484 percent compared to Friday with trading in 44 securities compared with 43 on Friday and ending with 11 rising, 26 declining and 7 unchanged leading the market Index to slip by just 2.17 points to 3,894.48.
A total of 73,141,898 shares were traded for $113,341,861 compared to 6,834,372 units at $19,392,171 on Friday.
Trading averaged 1,662,316 shares at $2,575,951 compared to 158,939 units at $450,981 on Friday with the month to date averaging 355,581 units at $742,090 compared with 190,836 stock units at $510,887 on the previous day. January closed with an average of 239,755 units at  $646,375.
ONE on ONE Educational led trading with 42.7 percent of total volume followed by Everything Fresh with 39.9 percent of the day’s trade, MFS Capital Partners chipped in with 4.19 million units for 5.7 percent and Image Plus Consultants with 2.80 million units for 3.8 percent market share.
The PE Ratio, a measure of computing appropriate stock values, averages 12.1. The PE ratios of Junior Market stocks incorporate ICInsider.com projected earnings for the financial year ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows six stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, Access Financial popped $1.16 in closing at $23.23, with an exchange of a mere 78 shares, AMG Packaging lost 16 cents in ending at $3.02 after an exchange of 135 units, Cargo Handlers rallied $1.92 to close at $14.90 in trading 28,711 stocks. Caribbean Cream fell 40 cents to a 52 weeks’ low of $3.10, with 14,889 shares changing hands, Consolidated Bakeries shed 40 cents to end at $2.20 with a transfer of 5,794 stocks, Dolla Financial dipped 9 cents to close at $2.90 in transferring 640,209 units. Dolphin Cove declined 49 cents to end at $14 after exchanging 135,752 stock units, EduFocal shed 19 cents to settle at $2.03 as investors transferred 588,020 shares, Elite Diagnostic gained 8 cents in closing at $3.20 with 1,600 units changing hands. Everything Fresh fell 26 cents to $1.20 after 29,215,940 shares passed through the market, Fosrich fell 23 cents to end at $3.42 in trading 909,036 stocks, General Accident shed 24 cents in closing at $4.46 with investors transferring 12,353 stock units. Indies Pharma lost 8 cents to finish at $2.90 in switching ownership of 16 stocks, JFP Ltd dipped 8 cents to close at $1.68 with the swapping of 635,942 stock units, Knutsford Express declined 80 cents to $11 as after 29,480 shares cleared the market. Lasco Financial shed 30 cents to end at $2.50 with an exchange of 34,951 units, Lasco Manufacturing dipped 11 cents in closing at $4.22 with a transfer of 25,881 stocks, Lumber Depot advanced 17 cents to close at $2.32 after hitting an intraday low of $2.02, with the swapping of 52,041 units. Mailpac Group lost 10 cents to end at $2 after trading 110,397 shares, Main Event declined 52 cents to $10 with 2,192 stock units changing hands, MFS Capital Partners rose 37 cents to $3.94 in exchanging 4,185,425 stock units. ONE on ONE Educational popped 9 cents to end at $1.25 in transferring 31,230,186 shares and Paramount Trading shed 24 cents to close at $2.34 in an exchange of 205 stocks.
In the preference segment, CAC 2000 9.5% preference share shed 10 cents in closing at $1.07 after a transfer of 2,501 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.