Trading closed on the Junior Market of the Jamaica Stock Exchange Wednesday, with the volume of stocks traded declining 46 percent and the value 52 percent lower than on Tuesday with 42 securities trading versus 43 on Tuesday as trading ended with prices of 15 rising, 24 declining and three closing unchanged.
A total of 13,198,946 shares were traded for $42,970,729 compared with 24,655,438 units at $89,978,978 on Tuesday.
Trading on Wednesday averaged 314,261 shares at $1,023,113 down from 573,382 shares at $2,092,534 on Tuesday with the month to date, averaging 362,333 units at $1,270,669 versus 384,766 stock units at $1,386,195 on the previous day. September closed with an average of 470,099 units at $1,578,447.
Spur Tree Spices led trading with 6.80 million shares for 51.5 percent of total volume, followed by JFP Limited with 1.31 million units for 9.9 percent of the day’s trade and ONE on ONE Educational with 852,272 units for 6.5 percent market share.
At the close, the Junior Market Index declined 22.10 points to settle at 4,126.19. The PE Ratio, a measure of computing appropriate stock values, averages 12.7. 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 three stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, AMG Packaging lost 8 cents to end at $3.51 with investors transferring 10,228 shares, Blue Power declined 19 cents to close at $3.29 after 3,000 units were traded, Caribbean Cream shed 17 cents to $4.03 with an exchange of 146 stocks. Caribbean Flavours dipped 8 cents to $1.75 with a transfer of 35,195 stock units, Consolidated Bakeries fell 26 cents to $2.70 in switching ownership of 51,934 stocks, EduFocal dropped 15 cents to $2.70, with 541,507 units crossing the market. Elite Diagnostic rose 11 cents to $3.65, with 59,793 stock units changing hands, Fontana dipped 10 cents in closing at $9.20 as investors exchanged 120,017 shares, Fosrich shed 9 cents to close at $4.31 in trading 491,987 units. Future Energy Source popped 10 cents to end at $5.60 after ffinishing trading 487,672 stocks, Honey Bun rallied 10 cents in closing at $8 with the swapping of 2,681 stock units, Knutsford Express dipped 20 cents to $7.80 after a transfer of 11,722 shares. 
Lasco Distributors declined 8 cents to $2.90 after exchanging 41,661 stocks, Medical Disposables advanced 63 cents to close at $5.83 while trading 81,832 shares, Spur Tree Spices climbed 32 cents to $3.74 in an exchange of 6,803,327 stock units and Stationery and Office Supplies fell $1.91 to end at $16.04, with 2,102 units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market trading jumps
Trading jumped sharply on the Junior Market of the Jamaica Stock Exchange on Tuesday, with the volume of stocks traded rising 147 percent, with 159 percent more value than on Monday after 43 securities traded, down from 47 on Monday and ended with 17 rising, 16 declining and 10 closing unchanged.
A total of 24,655,438 shares were exchanged for $89,978,978 compared to 9,973,506 units at $34,778,543 on Monday. Trading averaged 573,382 shares at $2,092,534 compared to 212,202 shares at $739,969 on Monday, with the month to date averaging 384,766 units at $1,386,195. September closed with an average of 470,099 units at $1,578,447.
Fosrich led trading with 16.04 million shares for 65.1 percent of total volume, followed by ONE on ONE Educational with 3.02 million units for 12.2 percent of the day’s trade, EduFocal ended with 1.84 million units for 7.5 percent market share and Dolla Financial, 1.56 million units for 6.3 percent if stocks traded.
At the close, the Junior Market Index dropped 59.11 points to settle at 4,148.29. The PE Ratio, a measure of computing appropriate stock values, averages 12.9. 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 four stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Caribbean Cream climbed 19 cents to end at $4.20 after a transfer of 19,000 shares, Consolidated Bakeries fell 14 cents in closing at $2.96 after switching ownership of 53,096 stock units, Dolla Financial gained 11 cents to end at $3.20, with 1,557,227 stocks crossing the market. EduFocal increased 23 cents to $2.85 in an exchange of 1,836,984 units, Elite Diagnostic rose 16 cents to $3.54 with investors transferring 85,371 units, Fontana dropped 15 cents to close at $9.30 with the swapping of 49,776 shares. Fosrich rallied 11 cents to $4.40, with 16,039,262 stocks crossing the market, Honey Bun lost 10 cents in closing at $7.90 in exchanging 11,076 stock units, iCreate dipped 12 cents to $2.33 and closed with 244,961 stock units changing hands. ISP Finance declined $1.10 to end at $20 with a transfer of 218 units, KLE Group advanced 11 cents to close at $1.99 with 38 stocks clearing the market, Lasco Manufacturing shed 41 cents to close at a 52 weeks‘ low of $3.99 in trading 8,047 shares. Main Event popped 50 cents in closing at $9 in exchanging 6,781 stocks, Medical Disposables dropped 40 cents to end at $5.20, with 21,749 units crossing the exchange, MFS Capital Partners increased 77 cents to $2.95 while exchanging 144,456 stock units. Paramount Trading popped 19 cents in ending at $1.95 after trading 4,051 shares, Spur Tree Spices shed 18 cents to $3.42, with 299,892 shares changing hands, 
Stationery and Office Supplies advanced $1.92 in closing at $17.95 after exchanging 10,067 units. Tropical Battery rallied 11 cents to close at $2.59 after trading 187,263 stock units and tTech climbed 17 cents to end at $2.97 with an exchange of 17,745 stocks.
In the preference segment, CAC 2000 9.5% preference share gained 17 cents in ending at $1.18 as investors exchanged 101 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market slips into October
Trading dropped on the Junior Market of the Jamaica Stock Exchange Monday, with the volume of stocks traded declining 50 percent, with a 56 percent lower value than on Friday with all 47 listed securities traded versus 46 on Friday and ended with 15 rising, 25 declining and seven closing unchanged.
A total of 9,973,506 shares were exchanged for $34,778,543 down from 19,888,010 units at $79,051,861 on Friday. Trading averaged 212,202 shares at $739,969 compared to versus 432,348 shares at $1,718,519 on Friday. September closed with an average of 470,099 units at $1,578,447.
Future Energy Source led trading with 1.80 million shares for 18.1 percent of total volume followed by Fosrich with 1.25 million units for 12.5 percent of the day’s trade and ONE on ONE Educational with 826,513 units for 8.3 percent market share.
At the close, the Junior Market Index dropped 22.14 points to settle at 4,207.40. The PE Ratio, a measure of computing appropriate stock values, averages 12.7. The PE ratios of Junior Market stocks incorporate ICInsider.com projected earnings for companies with financial year ends that fall between November this year and August 2023.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Access Financial declined $2.42 in ending at $25.30 after trading 66,503 shares, Blue Power gained 23 cents in closing at $3.48 after a transfer of 91 units, Caribbean Cream shed 11 cents to $4.01 in switching ownership of 21,005 stocks. 
Consolidated Bakeries popped 44 cents to end at 52 weeks’ high of $3.10 after exchanging 99,539 stock units, Dolphin Cove dipped 10 cents to $14.40, with 341 stocks changing hands, EduFocal climbed 17 cents to $2.62 in exchanging 404,327 units. Elite Diagnostic lost 12 cents after ending at $3.38, with 231,300 stock units crossing the market, Everything Fresh rallied 15 cents to $1.70 while exchanging 601,231 shares, Future Energy Source fell 23 cents to $5.50 after trading at 1,804,574 units. Honey Bun rose 19 cents to $8 after 3,030 shares crossed the market, Indies Pharma dipped 13 cents to close at $3.07 with investors transferring 17,340 stock units, Iron Rock Insurance rose 26 cents in closing at $2.76 after clearing the market of 2,915 stocks. ISP Finance increased $1.92 to end at $21.10 with a transfer of 14 units, KLE Group declined 29 cents to $1.88 in trading 6,612 stock units, Knutsford Express gained 60 cents to $8 as investors exchanged 8,403 shares. Lasco Distributors dropped 10 cents to close at $3 in an exchange of 84,795 stocks, Lasco Manufacturing dipped 10 cents to $4.40 with the swapping of 81,851 units, Mailpac Group shed 17 cents to $2.30, with 71,307 stocks crossing the exchange. Main Event lost 95 cents in ending at $8.50 after exchanging 6,530 shares, Medical Disposables fell 23 cents to end at $5.60 and closed with 14,152 stock units being traded, MFS Capital Partners dropped 82 cents to end at $2.18 with an exchange of 383,288 units. 
Paramount Trading lost 21 cents in ending at $1.76 with investors transferring 232,528 stock units, Spur Tree Spices dipped 25 cents to $3.60 in an exchange of 773,617 shares, Stationery and Office Supplies declined $1.77 to close at $16.03 as investors exchanged 17,842 stocks and tTech increased 26 cents in closing at $2.80, with 58 shares crossing the exchange.
In the preference segment, CAC 2000 9.5% preference share fell 17 cents to close at $1.01, with 51,658 units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
September gains for Junior Market
The Junior Market of the Jamaica Stock Exchange Friday, closed September 61.5 points higher than August close with a 23.4 percent gain for the year to date with the volume and the value of stocks trading marginally higher than on Thursday resulting in an exchange of 46 securities versus 41 on Thursday with 18 rising, 16 declining and 12 closing unchanged.
A total of 19,888,010 shares were traded for $79,051,861 up from 17,734,945 units at $68,426,190 on Thursday.
Trading averaged 432,348 shares at $1,718,519 in contrast to 432,560 stocks at $1,668,931 on Thursday, with trading month to date, averaging 470,099 units at $1,578,445 compared to 471,994 stock units at $1,571,411 on the previous day. August closed with an average of 407,186 units at $1,330,946.
Several stocks traded in large volume led by Fosrich with 6.28 million shares for 31.6 percent of total volume, followed by Spur Tree Spices with 2.91 million units for 14.6 percent of the day’s trade, Future Energy Source came in with 2.40 million units for 12.1 percent market share, ONE on ONE Educational chipped in with 1.26 million units for 6.4 percent if stocks traded and Dolla Financial, 1.20 million units for 6 percent of the market.
At the close, the Junior Market Index advanced 36.11 points to settle at 4,229.54. The PE Ratio, a measure of computing appropriate stock values, averages 12.8. 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 five stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Access Financial popped $3.03 in closing at $27.72 in an exchange of 38,331 shares, AMG Packaging declined 38 cents to end at $3.51 and closed with trading of 40,203 stocks, Cargo Handlers increased 40 cents to $11.51 with 8,160 stock units changing hands. Consolidated Bakeries dipped 25 cents to end at $2.66 with a transfer of 27,908 units, EduFocal dropped 20 cents to $2.45, with 171,853 units clearing the market, Express Catering shed 30 cents to close at $5.30 with the swapping of 727,822 shares. Fosrich advanced 32 cents in closing at $4.35 in trading 6,280,600 stock units, iCreate lost 35 cents to end at $2.45 with investors transferring 800,462 stocks, Indies Pharma gained 18 cents in ending at $3.20 after a transfer of 509,797 stocks. Iron Rock Insurance fell 26 cents to $2.50 in switching ownership of 2,048 units, KLE Group rose 19 cents to $2.17, with 593 shares crossing the market, Main Event rallied 46 cents to close at $9.45 while exchanging 222,157 stock units. MFS Capital Partners declined 20 cents to end at $3, 410,493 stock units crossing the exchange, Paramount Trading climbed 16 cents to $1.97 after exchanging 125 shares, Spur Tree Spices popped 39 cents in closing at $3.85, with 2,910,027 stocks changing hands. 
Stationery and Office Supplies jumped $1.70 to close at $17.80 with an exchange of 243,643 units and tTech dropped 45 cents in closing at $2.54 as investors exchanged 138,790 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Buoyant Junior Market
Trading closed on the Junior Market of the Jamaica Stock Exchange Thursday, with the volume of stocks traded declining 15 percent with a 20 percent lower value than on Wednesday resulting from 41 trading of securities versus 43 on Wednesday and ended with 21 rising, 16 declining and four closing unchanged.
A total of 17,734,945 shares were traded for $68,426,190 compared to 20,778,103 units at $85,799,358 on Wednesday.
The day’s trading averaged 432,560 shares at $1,668,931 compared to 483,212 stocks at $1,995,334 on Wednesday, with the month to date, averaging 471,994 units at $1,571,412 in line with the 473,842 stock units at $1,566,843 on the previous day. August closed with an average of 407,186 units at $1,330,946.
Future Energy Source led trading with 5.34 million shares for 30.1 percent of total volume, followed by Jamaican Teas with 4.83 million units for 27.2 percent of the day’s trade, Dolla Financial closed with 1.40 million units for 7.9 percent market share, Fosrich accounted for 1.26 million units or 7.1 percent of traded shares and ONE on ONE Educational with 1.07 million units for 6 percent if the market.
At the close, the Junior Market Index rose 10.66 points to settle at 4,193.43. Consolidated Bakeries traded at a 52 weeks’ high in closing at $2.91.
The PE Ratio, a measure of computing appropriate stock values, averages 12.9. 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 ended with bids higher than their last selling prices and one with a lower offer.
At the close, AMG Packaging rose 33 cents to $3.89 with a transfer of 6,579 shares, Blue Power gained 10 cents to close at $3.23 in switching owners of 545 units, Cargo Handlers dipped $2.89 to $11.11 after finishing trading of 2,500 stock units. Dolphin Cove advanced $1.39 to end at $14.49 with investors transferring 9,991 stocks, EduFocal popped 28 cents in closing at $2.65 after an exchange of 133,064 units, Elite Diagnostic climbed 17 cents in closing at $3.50 after 13,732 stock units changed hands. Express Catering increased 19 cents to $5.60 in exchanging 119,573 stocks, General Accident lost 75 cents in ending at $5 and trading 5,000 shares, Honey Bun dropped 36 cents to close at $7.90, with 143,821 shares crossing the market. iCreate declined 20 cents to end at $2.80 with an exchange of 440,985 stock units, Jamaican Teas rallied 24 cents to close at $2.95 after a transfer of 4,827,665 stocks, Knutsford Express advanced 15 cents to end at $7.40 in trading 4,508 units. 
Spur Tree Spices rose 16 cents to $3.46, with 797,951 units clearing the market, Stationery and Office Supplies popped 45 cents in closing at $16.10 while exchanging 8,000 stock units and tTech gained 39 cents to $2.99 after an exchange of a mere one share.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market trading bounced
The Junior Market of the Jamaica Stock Exchange climbed higher on Wednesday after the volume of stocks traded jumped 77 percent and the value jumped 111 percent more than on Tuesday with 43 securities trading versus 46 on Tuesday and ended with 21 rising, 14 declining and eight closing unchanged, leading to 20,778,103 shares being exchanged for $85,799,358 up from 11,719,807 units at $40,628,150 on Tuesday.
Big Fesco trade pushed the price up by 29 cents.
Future Energy Source led trading with 9.65 million shares for 46.5 percent of total volume, followed by AMG Packaging with 2.78 million units for 13.4 percent of the day’s trade, Everything Fresh ended with 1.79 million units for 8.6 percent market share, ONE on ONE Educational traded 1.37 million units for 6.6 percent if the market, iCreate with 1.25 million units controlled 6 percent market share and JFP Limited with 1.14 million units for 5.5 percent of shares traded.
Trading averaged 483,212 shares at $1,995,334 compared to 254,778 shares at $883,221 on Tuesday with month to date, averaging 473,842 units at $1,566,843 compared to 473,358 shares at $1,544,697 on Tuesday the previous trading day. August closed with an average of 407,186 units at $1,330,946.
At the close, the Junior Market Index rose 49.01 points to settle at 4,182.77, but the market closed with negative sentiment as shown by today’s reading of the Investor’s Choice bid-offer indicator. The PE Ratio, a measure of computing appropriate stock values, averages 12.7. 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 two stocks ended with bids higher than their last selling prices and six with lower offers.
At the close, Access Financial rallied 16 cents to $24.69 with the swapping of 326 shares, AMG Packaging lost 24 cents to end at $3.56 with an exchange of 2,777,614 stock units, CAC 2000 advanced $1.40 to $8.50 in exchanging 1,859 units. Consolidated Bakeries climbed 32 cents in closing at $2.82 as investors exchanged 37,013 stocks, Derrimon Trading increased 12 cents to $2.33 in switching ownership of 232,498 units, Dolphin Cove rose 32 cents to $13.10 after a transfer of 7,088 stocks. EduFocal shed 13 cents to $2.37 with investors transferring 18,296 shares, Elite Diagnostic fell 21 cents in closing at $3.33 in an exchange of 4,362 stock units, Everything Fresh dipped 20 cents to end at $1.50 in trading 1,785,469 shares. Future Energy Source popped 29 cents to close at $5.85 after trading 9,654,327 stocks, Honey Bun gained 66 cents to end at $8.26, with 6,613 stock units clearing the market, iCreate popped 11 cents to $3 with a transfer of 1,245,783 units. 
Iron Rock Insurance gained 30 cents in closing at $2.80, with 100 shares changing hands, Lasco Distributors rallied 21 cents to close at $3.11 while exchanging 170,347 stock units, ONE on ONE Educational dropped 14 cents to $1.61, with 1,374,982 stocks crossing the market and Stationery and Office Supplies declined $1.10 in ending at $15.65 after an exchange of 12,950 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading gains for Junior Market
Trading closed on the Junior Market of the Jamaica Stock Exchange Monday, with the volume of stocks traded rising 10 percent and the value 17 percent more than on Friday with 45 securities trading versus 41 on Friday and ended with 14 rising, 21 declining and 10 closing unchanged.
A total of 11,121,148 shares were exchanged for $31,427,127 versus 10,149,669 units at $26,870,316 on Friday.
Trading averaged 247,137 shares at $698,381 compared to 247,553 stock units at $655,374 on Friday, with the month to date, averaging 486,150 units at $1,583,408 compared to 500,665 units at $1,637,154 on the previous trading day. August closed with an average of 407,186 units at $1,330,946.
iCreate led trading with 3.06 million shares for 27.5 percent of total volume followed by Fosrich with 1.26 million units for 11.3 percent of the day’s trade and JFP Limited with 1.07 million units for 9.6 percent market share.
At the close, the Junior Market Index increased 7.85 points to 4,107.96. The PE Ratio, a measure of computing appropriate stock values, averages 12.4 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 ended with bids higher than their last selling prices and three with lower offers.
At the close, AMG Packaging lost 20 cents to end at $3.61 in an exchange of 5,003 shares, Blue Power fell 40 cents to close at $3.10 in trading 16,658 units, CAC 2000 shed $1.24 to $7.06 with the swapping of 37 stock units. Cargo Handlers dropped $1 to $12.70, with 440 stocks crossing the exchange, Consolidated Bakeries rallied 39 cents in ending at a multi-year closing high of $2.89 as investors exchanged 710,394 shares, Dolla Financial dipped 11 cents to close at $3.12 after a transfer of 854,931 stocks. Fontana declined 45 cents in closing at $9 with a transfer of 141,832 units, Fosrich declined 24 cents to $3.76 with an exchange of 1,257,430 stock units, General Accident increased 78 cents to end, with 250 stock units crossing the market. Honey Bun dropped 42 cents to $7.85 with 12,260 units clearing the market, iCreate climbed 32 cents in closing at $2.53 after exchanging 3,057,352 shares, Iron Rock Insurance shed 63 cents to end at a 52 weeks’ low of $2.10, in switching ownership of 32,050 stocks. Lasco Distributors advanced 16 cents to $3 after exchanging 24,768 shares, Limners and Bards lost 10 cents to close at $2.90, with 213,357 units changing hands, Mailpac Group dipped 18 cents in ending at $2.24, with 141,473 stock units crossing the market. 
Main Event fell $1.42 to $6.59 while exchanging 63 stocks, MFS Capital Partners shed 10 cents in closing at $3.30 with investors transferring 427,301 stock units, Stationery and Office Supplies dipped $1 to end at $15.20 in trading 16,747 units and tTech lost 45 cents to close at $2.55 after trading 11,581 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market trading drops
Trading closed on the Junior Market of the Jamaica Stock Exchange Friday, with a 50 percent fall in the volume of stocks traded and a 33 percent decline in the value compared to Thursday, after activity in 41 securities versus 42 on Thursday and ending with the prices of 20 rising, 16 declining and five closing unchanged.
A total of 10,149,669 shares were traded for $26,870,316 down from 20,300,179 units at $40,240,995 on Thursday.
Trading averaged 247,553 shares at $655,374 compared to 483,338 shares at $958,119 on Thursday, with the month to date, averaging 500,665 units at $1,637,154 compared to 515,490 units at $1,694,659 on the previous day. August closed with an average of 407,186 units at $1,330,946.
ONE on ONE Educational led trading with 2.16 million shares for 21.3 percent of total volume followed by iCreate with 1.95 million units for 19.2 percent of the day’s trade and Consolidated Bakeries with 1.06 million units for 10.4 percent market share.
At the close, the Junior Market Index lost 27.58 points to settle at 4,100.11.
The PE Ratio, a measure of computing appropriate stock values, averages 12.8. 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 three stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Access Financial increased 30 cents to $22.30 in trading 1,015 shares, AMG Packaging gained 31 cents to end at $3.81, with 153 units crossing the exchange, Caribbean Assurance Brokers rallied 30 cents to $2.60 with an exchange of 11,852 stocks. Caribbean Cream advanced 46 cents to $4.47, with 220 stock units crossing the market, Consolidated Bakeries climbed 45 cents in ending at a multiple-year closing high of $2.50 while exchanging 1,056,501 stock units, Elite Diagnostic declined 34 cents to close at $3.31 in a swapping of 92,279 stocks. Everything Fresh rose 20 cents in closing at $1.50 with investors transferring 158,580 units, Fontana popped 20 cents in ending at $9.45 after 80,927 shares crossed the market, Future Energy Source shed 28 cents to end at $5.01 with 241,453 stock units clearing the market. Honey Bun rose 49 cents to $8.27 after trading 6,714 units, iCreate fell 26 cents in closing at $2.21 with the swapping of 1,952,192 shares, Lasco Distributors lost 16 cents to end at $2.84 after exchanging 160,365 stocks. Lasco Manufacturing increased 19 cents to end at $4.30 in trading 22,650 units, Mailpac Group popped 15 cents in ending at $2.42 after exchanging 106,187 shares, Spur Tree Spices dipped 15 cents to close at $3.49 in an exchange of 497,012 stocks. 
Stationery and Office Supplies dropped $1.30 to end at $16.20 in switching ownership of 10,000 stock units and tTech rallied 45 cents to $3 as investors exchanged 254,811 stocks.
In the preference segment, CAC 2000 9.5% preference share shed 16 cents to close at $1.01, with 6,538 units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Big drop for Junior Market
The Junior Market of the Jamaica Stock Exchange fell sharply on Wednesday, with the volume of stocks traded declining 60 percent from Tuesday’s outturn after investors exchanged 62 percent less funds, with 42 securities trading versus 44 on Tuesday and ended with 15 rising, 20 declining and seven closing unchanged.
A total of 12,078,496 shares were exchanged for $38,559,683 down from 30,532,879 units at $100,998,581 on Tuesday.
Trading ended with an average of 287,583 shares at $918,088 compared to 693,929 shares at $2,295,422 on Tuesday, with the month to date, averaging 517,543 units at $1,741,672 compared to 533,222 units at $1,797,825 on the previous day. August closed with an average of 407,186 units at $1,330,946.
Jamaican Teas led trading with 2.56 million shares for 21.2 percent of total volume followed by Fosrich with 1.96 million units for 16.2 percent of the day’s trade, iCreate ended with 1.77 million units for 14.6 percent of the market and Mailpac Group with 1.07 million units for 8.8 percent market share.
At the close, the Junior Market Index dropped 64.27 points to 4,117.05. The PE Ratio, a measure of computing appropriate stock values, averages 12.7.
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 ended with bids higher than their last selling prices and five with lower offers.
At the close, Access Financial rose $1.99 to $21.99 in exchanging 100 shares, CAC 2000 gained $1.35 in closing at $8.25 with a transfer of 2,327 units, Caribbean Assurance Brokers advanced 30 cents to close at $2.60 in trading 516 stocks. Caribbean Cream gained 81 cents to $4.80 with an exchange of 10,023 stock units, Dolla Financial popped 10 cents to end at $3.25 while exchanging 985,337 stocks, Elite Diagnostic climbed 12 cents to $3.72 with 34,431 stock units clearing the market. Everything Fresh fell 11 cents to $1.68 with investors transferring 471,109 shares, Fontana dipped 18 cents to close at $9.12 after a transfer of 68,899 units, Honey Bun declined 10 cents to end at $7.56 with 15,000 stocks crossing the market. iCreate dropped 22 cents to $2.94 after trading 1,766,199 shares, Jamaican Teas rallied 19 cents in closing at $3 after exchanging 2,559,882 units, Lasco Distributors lost 10 cents to close at$2.85 after exchanging 5,747 stock units. Lasco Manufacturing shed 30 cents to end at $4.10 with 5,975 stock units crossing the exchange, Limners and Bards popped 25 cents to $3 in an exchange of 86,208 stocks, Mailpac Group climbed 18 cents to close at $2.39 with the swapping of 1,067,407 units. 
Main Event rose 50 cents in closing at $9 as investors exchanged 27,727 shares, Spur Tree Spices fell 11 cents to $3.40 after finishing trading of 498,247 units and Stationery and Office Supplies rallied 98 cents to end at $16, with just 501 stock units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Surge in Junior Market trading
Trading jumped sharply on the Junior Market of the Jamaica Stock Exchange on Tuesday, with the value of stocks traded surging 238 percent and the volume of stocks traded rising 258 percent more than on Monday as 44 securities traded similar to Monday and ended with prices of eight rising, 22 declining and 14 closing unchanged.
A total of 30,532,879 shares were exchanged for $100,998,581 compared to 8,522,197 units at $29,844,012 on Monday.
Trading averaged 693,929 shares at $2,295,422 compared to 193,686 shares at $678,273&l on Monday with month to date, averaging 533,222 units at $1,797,825 compared to 520,860 units at $1,759,549 on the previous day. August closed with an average of 407,186 units at $1,330,946.
Spur Tree Spices led trading with 16.28 million shares for 53.3 percent of total volume followed by Tropical Battery with 8.15 million units for 26.7 percent of the day’s trade and ONE on ONE Educational with 1.24 million units for 4 percent market share.
At the close, the Junior Market Index 14.45 points to settle at 4,181.32. The PE Ratio, a measure of computing appropriate stock values, averages 12.6. The PE ratios of Junior Market stocks incorporate ICInsider.com earnings for companies with financial year end that falls between November this year and August 2023.
Investor’s Choice bid-offer indicator shows 10 stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, Access Financial dropped 10 cents in ending at $20, with a transfer of 14,400 shares, Dolla Financial shed 18 cents to end at $3.15 in switching ownership of 909,780 stock units, EduFocal dipped 18 cents to $2.32 after a transfer of 231,415 stocks. Fontana fell 18 cents in closing at $9.30 after exchanging 130,220 units, General Accident declined 19 cents to $4.96 after 94,922 stocks changed hands, iCreate lost 24 cents to end at $3.16 and closed with trading of 733,672 units. Indies Pharma declined 10 cents to close at $2.98 in an exchange of 3,212 shares, KLE Group rallied 52 cents in closing at $2.10, with 11,085 stock units crossing the market, Lasco Distributors fell 16 cents to $2.95 as investors exchanged 103,444 stock units. Mailpac Group shed 29 cents in ending at $2.21 trading 46,200 shares, Main Event advanced 50 cents to $8.50, with 34,231 stocks crossing the market, MFS Capital Partners lost 10 cents to end at $3.10, with 351,531 units changing hands. 
Paramount Trading dropped 14 cents to $1.81 in exchanging 34,320 stocks, Spur Tree Spices dipped 22 cents to close at $3.51 after trading 16,279,503 stock units, Stationery and Office Supplies lost 93 cents in closing at $15.02 while exchanging 15,276 shares and Tropical Battery dropped 12 cents in ending at $2.55, with 8,152,443 units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
