The Jamaica Stock Exchange Junior Market’s seven consecutive days of record run, ended Monday, with the Market index falling 28.42 points to settle at 3,957.45, with the volume of stocks traded declining moderately after the value increased 19 percent over Friday.
All 43 securities traded similar to Friday and ended with 22 rising, 14 declining and seven, closing unchanged.
The PE Ratio, a measure used to compute appropriate stock values, averages 17.1. The PE ratio of each stock shown in the chart below is based on ICInsider.com earnings forecast for companies with financial years up to August 2022.
A total of 12,660,852 shares traded for $58,366,066 compared to 13,918,050 units at $49,116,813 on Friday. Future Energy Source led trading with 2.17 million shares for 17.1 percent of total volume followed by Fontana, 946,766 units, with 7.5 percent of the day’s trade and Jamaican Teas with 938,981 units for 7.4 percent market share.
Trading averaged 294,438 shares at $1,357,350 in contrast to 323,676 shares at $1,142,251 on Friday and month to date, averaging 462,135 units at $1,850,007, compared to 504,304 units at $1,973,892 previously. January closed with an average of 319,395 units at $1,181,136.
Investor’s Choice bid-offer indicator shows one stock ended with the bid higher than the last selling price and none with a lower offer.
At the close, Access Financial lost $2.30 after ending at $21.50 and trading 27,382 shares, Blue Power advanced 10 cents to close at $3.25 in exchanging 6,456 units, CAC 2000 rallied 25 cents to end at $8.25 in switching ownership of 57 stock units. Dolphin Cove popped $4.50 in closing at $29 after 282,838 stocks changed hands, Elite Diagnostic declined 19 cents to $3.30 with the swapping of 18,810 stocks, Express Catering shed 40 cents to end at $5.60 in trading 363,827 shares. Fontana fell 34 cents to close at $11.58 after 946,766 units passed through the market, Fosrich climbed $2.20 in closing at $14.20, with 84,371 stock units crossing the exchange, Future Energy Source gained 27 cents ending at $4.29 after exchanging 2,169,661 units. General Accident dropped 30 cents to $6.20, with 28,152 stocks clearing the market, Iron Rock Insurance increased 31 cents to close at $3.46 trading 156 stock units, ISP Finance rose 49 cents in ending at $30 after 812 shares crossed the market. Jamaican Teas lost 20 cents to end at $4.15 in an exchange of 938,981 units, KLE Group gained 10 cents in closing at $2.80 while exchanging 79,225 shares, Lasco Distributors advanced 17 cents to $3.90 with an exchange of 411,377 stock units. Limners and Bards increased 11 cents to $3.45, with 429,479 stocks crossing the market, Mailpac Group rallied 10 cents to end at $3.34 after an exchange of 925,810 stock units, Main Event rose 50 cents in ending at $4.50 trading 194,288 stocks. Paramount Trading dropped 53 cents to close at $1.65, with 9,231 units crossing the market, SSL Venture climbed 25 cents in closing at $1.90 in trading 131,168 shares and Stationery and Office Supplies popped 46 cents to $6.36 in an exchange of 24,137 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.