Trading activity was vastly different from that on Wednesday, with the Junior Market of the Jamaica Stock Exchange closing on Thursday, with the volume of stocks traded dropping 87 percent and the value plunging 88 percent lower than on Wednesday after trading 42 securities versus 41 on Wednesday and ended with prices of 24 rising, 10 declining and eight closing unchanged.
A total of 7,255,920 shares were traded for $22,249,838, down from 57,486,327 units at $181,774,492 on Wednesday.
Trading on Thursday averaged 172,760 shares at $529,758, down from 1,402,106 units at $4,433,524 on Wednesday with the month to date, averaging 308,490 units at $852,221 compared with 317,538 stock units at $873,718 on the previous day. November closed with an average of 259,893 units at $711,335.
Regency Petroleum led trading with 1.74 million shares for 24 percent of total volume followed by ONE on ONE Educational with 1.37 million units for 18.9 percent of the day’s trade and Future Energy Source with 1.06 million units for 14.6 percent market share.
At the close, the Junior Market Index climbed 32.42 points to settle at 3,918.16.
The PE Ratio, a measure of computing appropriate stock values, averages 11.9. The PE ratios of Junior Market stocks incorporate ICInsider.com projected earnings for the financial year endings that falls between November this year and August 2023.
Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Access Financial advanced $4.32 to $24.99 after an exchange of 4,526 shares, Blue Power rose 42 cents to close at $3.16 with the swapping of 1,242 stock units, Consolidated Bakeries climbed 22 cents to $1.84 after a transfer of 18,409 stocks. Derrimon Trading lost 15 cents to end at $2.25 trading 145,574 units, Dolphin Cove increased 45 cents in closing at $14.10, with 56,034 stocks crossing the market, EduFocal rallied 5 cents in closing at $2.35 after trading of 139,892 units. Elite Diagnostic shed 29 cents to end at $3.04 as investors exchanged 1,787 stock units, 
Express Catering fell 15 cents to $4.90 after an exchange of 4,274 shares, Fontana popped 9 cents to close at $8.99 in trading 20,871 stocks. Fosrich gained 15 cents in ending at $4, with 631,593 units changing hands, Future Energy Source rallied 40 cents to $5.24 after investors traded 1,057,241 shares, General Accident popped 30 cents to end at $4.70 in switching ownership of 15,630 stock units. iCreate gained 8 cents to $1.95 as 83,680 stocks passed through the market, Iron Rock Insurance dropped 50 cents in closing at $1.89 with 100 units changing hands, JFP Ltd dipped 10 cents to close at $1.45 with 210,869 shares clearing the market. Knutsford Express advanced $1 in closing at $9 after trading of 208 stock units, Lasco Financial increased 8 cents to end at $2.88 after trading 5,169 units, Limners and Bards declined 8 cents to end at $2.43 with a transfer of 16,688 stock units. Main Event rose 39 cents to close at $9.99 after an exchange of 4,600 shares, Medical Disposables climbed 47 cents to $4.99 after exchanging 14,246 stocks, MFS Capital Partners gained 19 cents to end at $3.19 while 139,444 stock units passed through the market. 
Spur Tree Spices rose 5 cents to $3.01 with an exchange of 131,576 stocks, Stationery and Office Supplies shed 80 cents in closing at $13.20 after a transfer of 500 units and Tropical Battery climbed 5 cents to close at $2.38 as 235,024 shares were traded.
In the preference segment, CAC 2000 9.5% preference share increased 8 cents in ending at $1.17 as 20 stocks crossed the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading jumps for Junior Market
The Jamaica Stock Exchange Junior Market Index jumped 67.01 points to 3,885.74 at the close of trading on Wednesday, with the volume of stocks traded jumping 160 percent more than on Tuesday with the value up 148 percent following the trading of 41 securities versus 43 on Tuesday and ended with prices of 15 rising, 14 declining and 12 closing unchanged.
The volume of stocks traded jumped from 22,074,785 shares to 57,486,327 units on Wednesday at a value of $181,774,492 up from $73,296,318 on Tuesday.
Trading on Wednesday averaged 1,402,106 shares at $4,433,524 compared to 513,367 units at $1,704,566 on Tuesday. Trading for the month to date, averaged 317,538 units at $873,718 versus 242,042 stock units at $625,922 on the previous day. Trading in November averaged 259,89 units at $711,335.
Fosrich led trading with 33.71 million shares with a value of $133 million for 58.6 percent of total volume followed by JFP Ltd with 12.63 million units for 22 percent of the day’s trade, Derrimon Trading with 4.05 million units for 7 percent market share, 
Regency Petroleum with 2.73 million units for 4.8 percent of the market trades and Future Energy Source with 1.08 million units for 1.9 percent market share.
The PE Ratio, a measure of computing appropriate stock values, averages 11.8. The PE ratios of Junior Market stocks incorporate ICInsider.com projected earnings for the financial year endings that falls between November this year and August 2023.
Investor’s Choice bid-offer indicator shows nine stocks ended with bids higher than their last selling prices and one stock with a lower offer.
At the close, Access Financial lost 43 cents to $20.67, with 1,414 shares clearing the market, AMG Packaging climbed 44 cents to end at $3.49 as investors exchanged a mere 28 units, 
Derrimon Trading gained 28 cents in closing at $2.40 after 4,052,243 stocks crossed the market. EduFocal dropped 7 cents to $2.30 after a transfer of 25,568 stock units, Fontana shed 10 cents to end at $8.90 and traded 52,822 stock units, Fosrich rallied 5 cents in ending at $3.85 with a transfer of 33,707,094 shares, Future Energy Source rose 13 cents to close at $4.84 after an exchange of 1,079,496 stock units, Honey Bun rallied 22 cents to $7.22 after a transfer of 16,793 stocks. iCreate dropped 24 cents in closing at $1.87 and exchanging 42,550 units, Lasco Distributors lost 5 cents to close at $2.80 with 365,272 units changing hands, Lasco Financial declined 9 cents in closing at $2.80 as investors exchanged 34,650 stocks. Lasco Manufacturing advanced 25 cents to end at $4.20, with 10,295 shares crossing the market, Limners and Bards gained 11 cents in ending at $2.51 with an exchange of 40,773 stock units. 
MFS Capital Partners popped 64 cents to close at $3 in trading 110,688 units, Spur Tree Spices fell 14 cents to $2.96 after 282,184 shares crossed the exchange and Stationery and Office Supplies rallied $1 to end at $14 with the swapping of 22,328 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Juniors takes another hit
The Junior Market of the Jamaica Stock Exchange took another 37 points hit on Tuesday, following a similar decline on Monday, with the volume of stocks traded declining 20 percent but with a 35 percent greater value than on Monday after trading took place in 43 securities, down from 46 on Monday and ended with 17 rising, 19 declining and seven closing unchanged.
A total of 22,074,785 shares were exchanged for $73,296,318 compared to 27,627,621 units at $54,220,421 on Monday.
Trading averaged 513,367 shares at $1,704,566 down from 600,600 units at $1,178,705 on Monday, with the month to date averaging 242,042 stock units at $625,922 compared to 220,674 stock units at $540,974 on the previous day. November averaged 259,893 units at $711,335.
Future Energy Source led trading with 10.67 million shares for 48.4 percent of total volume, followed by Regency Petroleum with 5.64 million units for 25.5 percent of the day’s trade, ONE on ONE Educational with 1.57 million units for 7.1 percent of the day’s volume and MFS Capital Partners with 1.23 million units for 5.6 percent market share.
At the close, the Junior Market Index dropped 37.30 points to 3,818.73.
The PE Ratio, a measure of computing appropriate stock values, averages 11.7. The PE ratios of Junior Market stocks incorporate ICInsider.com projected earnings for financial year ends that fall between November this year and August 2023.
Investor’s Choice bid-offer indicator shows seven stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Access Financial fell $1.90 to end at $21.10 and closed after 3,429 shares were traded, Blue Power lost 45 cents in closing at $2.74 with a transfer of 4,590 units, Cargo Handlers rallied 50 cents ending at $12.50, with 1,600 stocks clearing the market. 
Caribbean Assurance Brokers advanced 30 cents to $2.15 with investors transferring 700 stock units, Fontana rose 21 cents to close at $9 with the swapping of 47,010 shares, Future Energy Source dipped 11 cents to $4.71 while 10,673,967 stock units passed through the market. Honey Bun climbed 35 cents in closing at $7 in an exchange of 34 stocks, iCreate increased 24 cents to $2.11 in switching ownership of 37,255 units, Indies Pharma gained 19 cents to close at $2.79 with an exchange of 61,150 stocks. Iron Rock Insurance popped 39 cents ending at $2.39 in exchanging 20,020 stock units, Knutsford Express dropped $1 to close at $8 after trading 8,063 shares, Lasco Manufacturing shed 30 cents to $3.95 while exchanging 4,009 units. Main Event advanced 10 cents to end at $9.60 as investors exchanged 10,095 units, MFS Capital Partners declined 79 cents in ending at $2.36, with 1,226,152 stock units crossing the market, Paramount Trading shed 17 cents in closing at $1.53 in trading 6,358 shares. 
Stationery and Office Supplies declined 30 cents, ending at $13 with an exchange of 21,568 stocks and tTech rallied 34 cents to $2.59 after exchanging 151 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Falling stocks overwhelmed Junior Market
Declining stocks overwhelmed those gaining at the close of the Junior Market of the Jamaica Stock Exchange on Monday, with the volume of stocks traded jumping 247 percent and the value surging 201 percent more than on Friday with 46 securities trading versus 41 on Friday and ended with 12 rising, 28 declining and six closing unchanged.
A total of 27,627,621 shares were exchanged for $54,220,421 up from 7,964,359 units at $18,013,451 on Friday.
Trading averaged 600,600 shares at $1,178,705 versus 194,253 units at $439,352 on Friday, with the month to date, averaging 220,674 units at $540,974 compared with 185,721 stock units at $482,303 on the previous trading day. November closed with an average of 259,893 units at $711,335.
Regency Petroleum led trading with 18.53 million shares for 67.1 percent of total volume followed by Fosrich with 1.93 million units for 7 percent of the day’s trade, JFP Ltd ended with 1.68 million units for 6.1 percent market share, Lumber Depot traded 1.51 million units for 5.5 percent of the market, Dolla Financial closed with 1.15 million units for 4.2 percent of total shares traded and ONE on ONE Educational exchanged 1.11 million units for 4 percent of stocks traded.
At the close, the Junior Market Index shed 37.46 points to settle at 3,856.03.
The PE Ratio, a measure of computing appropriate stock values, averages 11.6. The PE ratios of Junior Market stocks incorporate ICInsider.com projected earnings for companies with financial year end that falls between November this year and August 2023.
Investor’s Choice bid-offer indicator shows seven stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Cargo Handlers lost 69 cents to end at $12 in switching ownership of 979 stock units, Caribbean Assurance Brokers fell 32 cents in closing at a 52 weeks’ low of $1.85 with an exchange of 3,653 units.
Consolidated Bakeries dipped 35 cents to close at $1.63 after 28,196 stocks changed hands, Dolphin Cove rallied 30 cents to $13.65 after an exchange of 35,839 units, EduFocal declined 11 cents in closing at $2.30 with investors transferring 83,917 stocks. Elite Diagnostic gained 27 cents to close at $3.30 after a transfer of 59,144 shares, Fontana popped 11 cents to $8.79, finishing after 23,349 stock units changed hands, Fosrich dipped 15 cents in ending at $3.80 in an exchange of 1,932,309 stocks. Future Energy Source shed 13 cents to close at $4.82 with the swapping of 302,046 stock units, Honey Bun dipped 26 cents to end at $6.65 after investors exchanged 17,881 shares, iCreate lost 28 cents in closing at $1.87, with 9,821 units crossing the market. Indies Pharma fell 15 cents to $2.60 with a transfer of 4,831 shares, Iron Rock Insurance increased 20 cents to $2 with one share crossing the market, Medical Disposables declined 63 cents to close at $4.52 with an exchange of 282 units. MFS Capital Partners rose 15 cents to end at $3.15 in trading 227,599 stock units, Paramount Trading dropped 20 cents to close at $1.70 as investors exchanged 82,128 stock units, 
Regency Petroleum shed 34 cents to end at $1.41, with 18,531,416 shares crossing the exchange, after hitting a new high of $1.79 in early trading, Stationery and Office Supplies climbed 28 cents ending at $13.30 in an exchange of 2,250 units and Tropical Battery fell 14 cents in closing at $2.33 after 279,683 shares changed hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Scotia is back in ICTOP10
The Jamaica Stock Exchange had mixed results during the past week, with both the Junior Market and the Main Market closing slightly lower than at the close of the previous week and impacting the listings in varying degrees, resulting in the Main Market’s Scotia Group reentering the TOP10 at the expense of Radio Jamaica, with no Junior Market changes following the listing Regency Petroleum listing on Thursday and rising 75% in two days of trading.
Five Junior Market TOP10 stocks declined between one and 25 percent and just two gained one to 4 percent this past week, while the Main Market 10 had five rising and Three declining.
In the Junior Market, Elite Diagnostic popped 4 percent to $3.03 as the sole main gaining stock, But Iron Rock Insurance dropped 25 percent to $1.80, followed by Caribbean Cream, down 17 percent and Dolphin Cove 6 percent to $13.35.
In the Main Market, Jamaica Broilers jumped 19 percent to $32, 138 Student Living rose 10 percent to $5.70 and Guardian Holdings followed with a rise of 9 percent to $575, but Key Insurance slipped 9 percent to $3.20.
At the end of the week, the average PE for the JSE Main Market TOP 10 is 5.6, well below the market average of 14. 
At the same time, the Junior Market Top 10 PE sits at 5.7 versus the market at 12, important indicators of the level of the undervaluation of the ICTOP10 stocks. The Junior Market is projected to rise by 256 percent and the Main Market TOP10, an average now of 270 percent, to May 2023.
The Junior Market has 14 stocks representing 30 percent of the market, with PEs from 15 to 33, averaging 19.5 compared with the above average of the market. The top half of the market has an average PE of 17 and shows the extent of potential gains that lie ahead for the TOP 10 stocks. The situation in the Main Market is similar, with the 17 highest valued stocks priced at a PE of 15 to 105, with an average of 32 and 23 excluding the highest valued ones and 21 for the top half excluding the highest valued stock.
ICTOP10 focuses on likely yearly winners, accordingly, the list includes some of the best companies in the market but not always. 
ICInsider.com ranks stocks based on projected earnings, allowing investors to focus on the most undervalued stocks, helping to remove emotions in selecting stocks for investments that often result in costly mistakes.
IC TOP10 stocks are likely to deliver the best returns up to the end of May 2023 and are ranked in order of potential gains, computed using projected earnings for the current fiscal year. Expected values will change as stock prices fluctuate, resulting in weekly movements in and out of the lists. Revisions to earnings are ongoing, based on receipt of new information.
Persons who compiled this report may have an interest in securities commented on in this report.
Regency Petroleum gains 75% in two days
Regency Petroleum stock price jumped 75 percent at the close of trading on Friday since listing on Thursday to close at $1.75 and led trading with 2.84 million shares for 35.6 percent of total volume followed by ONE on ONE Educational with 1.29 million units for 16.2 percent of the day’s trade and Future Energy Source with 658,393 units for 8.3 percent market share.
The Junior Market of the Jamaica Stock Exchange closed on Friday, with the volume of stocks traded rising 112 percent and the value 61 percent higher than on Thursday, following trading in 41 securities versus 40 on Thursday and ending with 18 rising, 13 declining and 10 closing unchanged.
At the close, the Junior Market Index gained 23.76 points to 3,893.49.
A total of 7,964,359 shares were traded for $18,013,451 compared with 3,763,409 units at $11,154,286 on Thursday.
Trading averaged 194,253 shares at $439,352 compared with 94,085 units at $278,857 on Thursday, with the month to date, averaging 185,721 units at $482,303 compared to 184,959 stock units at $486,139 on Thursday the previous day. November closed with an average of 259,893 units at $711,335.
The PE Ratio, a measure of computing appropriate stock values, averages 12. The PE ratios of Junior Market stocks incorporate ICInsider.com projected earnings for companies with financial year end that falls between November this year and August 2023.
Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close, Access Financial popped $1.89 to end at $23 with a mere three stock units changing hands, Caribbean Cream dipped 80 cents to close at a 52 weeks’ low of $3.20, with 20,000 stocks crossing the market. Derrimon Trading lost 15 cents in closing at $2.10 with a transfer of 16,417 units, Dolla Financial shed 15 cents to $3.06 as 207,299 stocks passed through the market, 
Dolphin Cove declined 65 cents in closing at $13.35 after 1,658 units crossed the exchange. Elite Diagnostic dropped 32 cents to $3.03 in switching ownership of 3,193 shares, GWest Corporation rose 11 cents to $1.11 after an exchange of 888 stock units, iCreate rallied 10 cents to $2.15 as investors traded 279,179 shares. Indies Pharma gained 16 cents to close at $2.75, with 1,672 shares changing hands, Knutsford Express rallied 69 cents to $8.99 in trading 18,842 stocks, Limners and Bards fell 20 cents to $2.45 and closed after 15,419 units passed through the market. MFS Capital Partners dipped 40 cents in closing at $3 in exchanging 114,416 stocks, Regency Petroleum rose 43 cents and ended at a record high of $1.75 after an exchange of 2,838,917 shares, 
Stationery and Office Supplies increased 27 cents to close at $13.02 while exchanging 4,550 stock units and Tropical Battery rallied 16 cents to end at $2.47 after trading 401,417 units.
Prices of securities trading are those for the last transaction of each stock unless
Trading surges on Junior Market
The volume of stocks traded on the Junior Market of the Jamaica Stock Exchange Monday surged 1,032 percent, following a 25.5 million shares trade in JFP Ltd and pushing the value up by 466 percent over Friday’s outturn after an exchange of 46 securities up from 39 on Friday, which ended with 17 rising, 18 declining and 11 closing unchanged.
A total of 35,801,013 shares were traded for $69,628,752 compared with 3,163,615 units at $12,309,172 on Friday.
Trading averaged 778,283 shares at $1,513,669 compared with 81,118 units at $315,620 on Friday with the month to date averaging 214,871 units at $546,966 compared to 125,810 stock units at $394,154 on the previous trading day. November closed with an average of 259,893 units at $711,335.
JFP Ltd led trading with 25.49 million shares for 71.2 percent of total volume followed by Derrimon Trading with 5.35 million units for 14.9 percent of the day’s trade and MFS Capital Partners with 1.20 million units for 3.4 percent market share.
At the close, the Junior Market Index declined 7.14 points to settle at 3,912.61.
The PE Ratio, a measure of computing appropriate stock values, averages 12. The PE ratios of Junior Market stocks are based on ICInsider.com projected earnings with financial year ends that fall between November this year and August 2023.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, AMG Packaging rallied 10 cents to close at $3.10 after a transfer of 1,462 shares, Cargo Handlers gained 14 cents in ending at $12.50 with 431 stock units changing hands, Caribbean Cream advanced 14 cents to $4 after 55 stocks were traded. Derrimon Trading declined 10 cents to $2, with 5,351,899 units clearing the market, Elite Diagnostic climbed 44 cents to $3.35 with an exchange of 191,332 shares, 
Express Catering rose 56 cents to end at $5 in switching ownership of 50 stock units. Fontana fell 16 cents in closing at $8.04 with 46,686 stocks crossing the market, Honey Bun dropped $1.07 to $6.71 as investors switched ownership of 22,069 units, iCreate popped 20 cents to close at $2.22 after the transfer of 33,390 stocks. Indies Pharma gained 44 cents in ending at $3.02 with the swapping of 12,549 stock units, ISP Finance advanced 10 cents to close at $15 with a transfer of 180 shares, Lasco Manufacturing dropped 25 cents to settle at $3.95 after trading of 821,360 units. Limners and Bards shed 10 cents to end at $2.40 with 248,406 shares changing hands and
Main Event lost 30 cents to close at $9.70 with an exchange of 9,651 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
New ICTOP10 listings, JBG upgraded
While the Jamaica Stock Exchange Main Market recorded a modest decline during the past week, the Junior Market Index closed slightly higher, both markets enjoyed some sizable price movements for the ICTOP10 lists, while earnings for Jamaica broilers were upgraded to $6 from $4.50 following the release of exceptional second quarter profits, as a result, it is now the second most attractive stock on the Main Market.
Four Junior Market TOP10 stocks declined between 2 and 4 percent and five gained this past week, while the Main Market 10 had three rising and five declining.
Elite Diagnostic dropped 4 percent to $2.91 and so did Lasco Distributors, closing at $2.91. CAC2000 jumped 19 percent to $8.49, followed by Access Financial with a rise of 17 percent to $24.50, Lasco Manufacturing rose 7 percent to $4.20 and is worth watching o see if the recent selloff in the low $4 region has ended. Lasco Financial rose 6 percent to close at $2.90, while Dolphin Cove rose 5 percent to $14.18.
In the Main Market, Guardian Holdings led with a rise of 9 percent to $540, BergerPaints was next with an increase of 6 percent to $10, but Key Insurance slipped 5 percent to $3.50 and JMMB Group dipped 6 percent to $32.
Access Financial jumped to $24.90 and dropped out of the Junior Market TOP10 after re-entering last week, while Lasco Manufacturing, with the price closing higher, also slipped from the Junior Market TOP10. Medical Disposables returns to the list and so has General Accident. There were no new listing for the Main Market 10.
At the end of the week, the average PE for the JSE Main Market TOP 10 is 5.5, well below the market average of 14. At the same time, the Junior Market Top 10 PE sits at six versus the market at 11.9, an important indicator of the undervaluation of the ICTOP10 stocks. The Junior Market is projected to rise by 237 percent and the Main Market TOP10, an average now of 280 percent, to May 2023.
The Junior Market has 13 stocks, 28 percent of the market, with PEs from 15 to 33, averaging 20.5 compared with the above average of the market. The top half of the market has an average PE of 17 and shows the extent of potential gains that lie ahead for the TOP 10 stocks. The situation in the Main Market is similar, with the 16 highest valued stocks priced at a PE of 15 to 105, with an average of 32 and 22.6 excluding the highest valued ones and 19 for the top half excluding the highest valued stock.
ICTOP10 focuses on likely yearly winners, accordingly, the list includes some of the best companies in the market but not always. ICInsider.com ranks stocks based on projected earnings, allowing investors to focus on the most undervalued stocks and helping to remove emotions in selecting stocks for investments that often result in costly mistakes.
IC TOP10 stocks are likely to deliver the best returns up to the end of May 2023 and are ranked in order of potential gains, computed using projected earnings for the current fiscal year. Expected values will change as stock prices fluctuate, resulting in weekly movements in and out of the lists. Revisions to earnings are ongoing, based on receipt of new information.
Persons who compiled this report may have an interest in securities commented on in this report.
Trading climbs on Junior Market
Trading on the Junior Market of the Jamaica Stock Exchange gained momentum on Thursday, as the volume of stocks traded rose 21 percent and the value 87 percent greater than on Wednesday with 45 securities trading upfront 42 on Wednesday and ended with 15 rising, 19 declining and 11 closing unchanged.
A total of 5,831,798 shares were traded for $26,486,488 compared to 4,802,262 units at $14,183,332 on Wednesday.
Trading averaged 129,596 shares at $588,589 compared to 114,340 units at $337,698 on Wednesday. Trading month to date averages 132,726 units at $406,308 versus 133,407 stock units at $366,681 on the previous day. November traded an average of 259,893 units at $711,335.
Fontana led trading with 2.0 million shares for 34.3 percent of total volume Dolla Financial followed with 1.04 million units for 17.8 percent of the day’s trade and Lumber Depot with 450,085 units for 7.7 percent market share.
At the close, the Junior Market Index climbed 12.11 points to settle at 3,879.39.
The PE Ratio, a measure of computing appropriate stock values, averages 11.8. The PE ratios of Junior Market stocks incorporate ICInsider.com projected earnings for companies with financial year end that falls between November this year and August 2023.
Investor’s Choice bid-offer indicator shows one stock ending with a bid higher than its last selling price and none with a lower offer.
At the close, Access Financial rose $1.11 to $24.90 with a transfer of five shares, Cargo Handlers climbed $2.37 to end at $12.36 with 66 stocks crossing the market, Caribbean Assurance Brokers gained 15 cents to close at $2.17 after exchanging 553 stock units. Caribbean Cream lost 14 cents after ending at $3.86 in transferring 13,397 units, 
Consolidated Bakeries dipped 21 cents to $1.81 after trading 3,315 stocks, Dolphin Cove fell 75 cents to $13.45, with the swapping of 455 shares. Elite Diagnostic dropped 29 cents to settle at $2.91 in switching ownership of 6,009 units, Everything Fresh shed 14 cents to end at $1.35 trading 46,894 stock units, Fontana gained 10 cents in closing at $8.20 as investors exchanged 2,002,267 shares. GWest Corporation rallied 13 cents to end at $1.03 with 351 stock units changing hands, Honey Bun declined $1.16 in closing at $6.66 with 1,591 stocks crossing the exchange, iCreate popped 14 cents to $1.90 after 293,310 units cleared the market. Indies Pharma dropped 13 cents to $2.85 in switching ownership of 424 units, Jamaican Teas popped 10 cents to close at $2.65 with investors transferring 65,589 stocks, Knutsford Express fell 12 cents to $8.49 trading 23 stock units. Lasco Financial shed 26 cents to settle at $2.76 after an exchange of 11,135 shares, Medical Disposables rose 48 cents to close at $4.98 in transferring three units, 
MFS Capital Partners gained 13 cents to finish at $2.98 with the swapping of nine shares and Stationery and Office Supplies shed 50 cents in ending at $14 in trading 58,638 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market claws back some loss
The Junior Market of the Jamaica Stock Exchange clawed back some of Tuesday’s loss at the close of the market on Wednesday after a 36 percent fall in the volume of stocks traded, with 14 percent lower value than on Tuesday, from trading in 42 securities versus 45 on Tuesday and ended with 17 rising, 18 declining and seven closing unchanged.
A total of 4,802,262 shares were traded for $14,183,332 down from 7,508,809 units at $16,523,628 on Tuesday.
Trading averaged 114,340 shares at $337,698 versus 166,862 units at $367,192 on Tuesday, with the month to date averaging 133,407 units at $366,681 compared with 138,260 stock units at $374,059 on the previous day. November closed with an average of 259,893 units at $711,335.
Medical Disposables led trading with 875,878 shares for 18.2 percent of total volume followed by ONE on ONE Educational with 704,736 units for 14.7 percent of the day’s trade and Lumber Depot with 631,903 units for 13.2 percent market share.
At the close, the Junior Market Index gained 27.24 points to settle at 3,867.28.
The PE Ratio, a measure used to compute appropriate stock values, averages 11.8. The PE ratios of 
Junior Market stocks incorporate ICInsider.com projected earnings for companies with financial year end that falls between November this year and August 2023.
Investor’s Choice bid-offer indicator shows six stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Access Financial advanced $2.48 in closing at $23.79 with an exchange of 10 shares, AMG Packaging popped 8 cents to end at $3 with investors transferring 206 units, Blue Power rose 46 cents to $3.15 after trading 862 stock units. CAC 2000 gained 27 cents to end at $8.49 after a transfer of 99 stocks, Cargo Handlers declined $3 to $9.99 with 38,732 shares clearing the market, Caribbean Assurance Brokers dipped 15 cents to $2.02 in trading 2,190 units. Caribbean Cream rallied 13 cents to end at $4 with 55 stocks crossing the exchange, 
Elite Diagnostic gained 30 cents in ending at $3.20 with the swapping of 14,566 stock units, Everything Fresh popped 14 cents to settle at $1.49 in switching ownership of 40,907 units. Fontana shed 19 cents in closing at $8.10 in an exchange of 39,528 shares, Fosrich lost 8 cents to settle at $3.92 in transferring 229,107 stocks, General Accident popped 31 cents to $4.41 in trading 11,748 stock units. GWest Corporation lost 7 cents to finish at 90 cents with the swapping of 10,361 stocks, iCreate fell 14 cents to $1.76 after an exchange of 195,242 units, Indies Pharma rallied 27 cents to close at $2.98 in switching ownership of 21,721 stock units. ISP Finance dropped $1.49 to $14.90 after exchanging 67 shares, Knutsford Express advanced 90 cents to $8.61 as investors exchanged 573 units, Lasco Distributors rose 15 cents to end at $2.95 after 3,182 shares cleared the market. Mailpac Group gained 8 cents in closing at $2.09 trading 171,513 stock units, 
Spur Tree Spices shed 25 cents to settle at $3.16 in transferring 86,781 stocks, Stationery and Office Supplies dipped 49 cents to $14.50 with 873 stocks changing hands and tTech fell 19 cents in closing at $2.96 with a transfer of 120 stock units.
In the preference segment, CAC 2000 9.5% preference share rose 8 cents to end at $1.17 in switching ownership of 101 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
