Trading closed on Wednesday, with the money entering the market jumping 91 percent higher than on Tuesday as the volume of stocks trading rose just 10 percent more than previously traded and resulted in the Jamaica Stock Exchange Junior Market rising at the close.
The Junior Market Index popped 24.26 points to settle at 3,444.62 as 36 securities traded, down from 39 on Tuesday and ended with 11 rising, 14 declining and 11, closing unchanged.
The PE Ratio, a measure used to compute appropriate stock values, averages14.4. The PE ratio of each stock in the chart below is based on ICInsider.com earnings forecast for companies with financial years, up to August 2022.
A total of 4,123,382 shares traded for $19,617,436 compared to 3,733,550 units at $10,264,636 on Tuesday. Cargo Handlers led trading with 963,019 shares for 23.4 percent of total volume followed by Lumber Depot with 446,212 units for 10.8 percent of the day’s trade and Jamaican Teas 443,682 units for 10.8 percent market share.
Trading averaged 114,538 shares at $544,929, up from 95,732 shares at $263,196 on Tuesday and month to date, an average of 111,727 units at $409,463, compared to 110,359 units at $343,561 on Tuesday. December closed with an average of 409,209 units at $1,318,877.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and two with lower offers.
At the close of trading, Caribbean Assurance Brokers increased 10 cents in closing at $2.70 after 429,197 shares crossed the exchange, Dolphin Cove shed 68 cents to end at $15.50 with the swapping of 188,804 stocks, Fosrich lost 70 cents to $11.80 with 22,668 units passing through the market. General Accident fell 88 cents to close at $6 in an exchange of 1,251 stock units, GWest Corporation popped 5 cents in ending at 90 cents with 2,188 units changing hands Honey Bun gained 9 cents in closing at $9.30 while exchanging 48,734 stock units. Indies Pharma lost 14 cents after ending at $3.04 in exchanging 137,581 stocks, KLE Group popped 67 cents to close at $2.97 with 1,000 shares clearing the market, Knutsford Express dropped 10 cents to $7.90 after exchanging 40 units.
Lasco Distributors shed 6 cents to end at $3.31 in trading 51,791 shares, Lasco Manufacturing climbed 28 cents to $4.85 with 127,945 stock units crossing the market, Limners and Bards declined 7 cents in closing at $3.69 trading 73,328 stocks. Main Event fell 49 cents to close at $4.01 in trading 6,383 stocks, Paramount Trading rallied 5 cents to end at $1.20 in exchanging 5,850 stock units and Stationery and Office Supplies dropped 20 cents to $5.65 in switching ownership of 200,353 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Market activity led to 39 securities trading up from 35 on Monday and ended with 15 rising, 15 declining and nine closed unchanged after Fosrich traded at a record high of $12.50. The Junior Market Index dropped 33.47 points to settle at 3,420.36.
At the close, Blue Power gained 38 cents in ending at $3.54 after trading 6,500 shares, Cargo Handlers popped 49 cents to $7.50 in exchanging 55,000 stocks, Caribbean Assurance Brokers rallied 10 cents to $2.60, with 210,601 units clearing the market. Dolphin Cove fell 82 cents to $16.18, trading 34,952 stock units, Elite Diagnostic dropped 5 cents to end at $2.95, with 1,682 units crossing the market, Everything Fresh popped 6 cents to end at $1 while exchanging 147,525 shares. Express Catering advanced 15 cents in ending at $5.60 with an exchange of 14,660 stocks, Fosrich popped $2.25 to $12.50, with 43,486 stock units changing hands, General Accident jumped 88 cents to $6.88 in switching ownership of 13,790 shares. Indies Pharma shed 21 cents to close at $3.18 trading 211,525 units, KLE Group spiked 30 cents in closing at $2.30 in trading 866 stocks, Lasco Financial rose 6 cents to end at $3.12 with the swapping of 8,307 stock units.
Lasco Manufacturing declined 20 cents to close at $4.57, with 716 stocks crossing the exchange, Main Event lost 5 cents at $4.50 after exchanging 8,275 shares, Medical Disposables advanced 31 cents to $6.36 with an exchange of 19,731 stock units. Paramount Trading fell 10 cents in closing at $1.15 and trading 12,630 units and Stationery and Office Supplies shed 54 cents to end at $5.85 with 151 units changing hands.
A total of 35 securities traded down from 39 on Friday with 13 rising, 15 declining and seven closing unchanged.
At the close, Access Financial increased $1.75 to $20.75 after trading just 47 shares, Blue Power spiked 18 cents to $3.16 with 2,193 stocks clearing the market, Cargo Handlers dropped $1.24 to $7.01, with the swapping of 4,531 stock units. Caribbean Assurance Brokers gained 10 cents to close at $2.50, with 1,165,378 units crossing the market, Caribbean Cream shed 38 cents to end at $5.32, with 3,668 units changing hands, Dolphin Cove popped $2 to end at $17 after exchanging 179,535 shares. Elite Diagnostic rose 15 cents to $3 in exchanging 125,078 stocks, Fosrich advanced 5 cents to close at a 52 weeks’ high of $10.25 after trading at 7,539 stock units, Indies Pharma fell 11 cents to $3.39 in switching ownership of 58,076 shares. Jetcon Corporation declined 5 cents in closing at 88 cents after an exchange of 189,015 stock units, KLE Group climbed 21 cents to $2 in trading 8,014 stocks, Knutsford Express lost 32 cents to end at $8 with 1,509 units changing hands.
Lasco Financial rallied 6 cents to close at $3.06 with an exchange of 259,716 units, Limners and Bards dipped 11 cents to $3.76 in an exchange of 144,683 shares, Lumber Depot slipped 11 cents to $3 while exchanging 122,784 stock units. Mailpac Group declined 29 cents to $3.49, with 655,668 stocks changing hands, Main Event rose 5 cents to $4.55 in trading 40,000 shares and Medical Disposables fell 44 cents to end at $6.05 after 6,197 stock units crossed the market.
Trading averaged 944,525 shares at $2,855,225, up from 67,919 shares at $275,145 on Thursday and month to date, an average of 409,209 units at $1,318,877, compared to 381,298 units at $1,238,760 on Thursday. November closed with an average of 409,209 units at $1,318,877.
General Accident slipped 10 cents to $6 in exchange for 734 units, Honey Bun gained 65 cents to end at $9.25 in trading 2,470 stocks, Indies Pharma increased 45 cents to $3.50 in exchanging 172,196 stock units. Jetcon Corporation popped 13 cents to 93 cents, with 32,136 stock units crossing the market, Limners and Bards rose 7 cents in closing at $3.87 in swapping 161,315 stocks, Lumber Depot advanced 13 cents to $3.11 after trading 829,315 shares and Mailpac Group rose 28 cents in closing at $3.78 with 1,378,158 units clearing the market.
At the close, AMG Packaging climbed 5 cents to $2.20 in an exchange of 20,466 shares, Blue Power advanced 34 cents to end at $3.60 after exchanging 66,262 stock units, Cargo Handlers popped $1.74 in closing at $7.35 with an exchange of 9,200 stocks. Caribbean Cream gained 69 cents to close at $5.70, with 1,000 units crossing the market, Derrimon Trading declined 11 cents to $2.21 with an exchange of 400,494 stock units, Dolphin Cove rallied 40 cents to close at $15.40 trading 71,722 units. Future Energy Source lost 7 cents to end at $2.83, with 204,063 stocks changing hands, General Accident popped 10 cents to $6.10 while exchanging 1,305 shares, Honey Bun dropped 90 cents in closing at $8.60after trading 55,734 units. Iron Rock Insurance shed 85 cents in ending at $3.10 after 87 shares crossed the market, Limners and Bards popped 5 cents to close at $3.80, with 46,676 stock units clearing the market, Lumber Depot rose 7 cents in closing at $2.98 in exchanging 545,351 stocks.
Mailpac Group rallied 5 cents to $3.50 after exchanging 232,032 shares, Stationery and Office Supplies rose 89 cents to $6.39 in switching ownership of 4,237 stocks and tTech popped 73 cents to $4.78 in trading 9,956 stock units.
Market activity led to 37 securities trading compared to 40 on Tuesday and ended with 14 rising, 10 declining and 13, closing unchanged.
Trading averaged 130,981 shares at $474,943 in contrast to 655,369 shares at $2,534,714 on Tuesday and month to date, an average of 397,606 units at $1,288,906, compared to 412,242 units at $1,333,589 on Tuesday. November closed with an average of 160,358 units at $581,730.
Knutsford Express gained 28 cents to close at $8.35 in an exchange of 1,860 stock units, Lasco Manufacturing increased 5 cents to $4.80, with the swapping of 7,308 stocks, Limners and Bards dropped 8 cents to $3.75, with 121,239 units clearing the market. Lumber Depot popped 10 cents in closing at $2.91, with 290,515 shares crossing the market, Mailpac Group rallied 5 cents to end at $3.45 in trading 241,180 stocks, Main Event increased 49 cents to $4.50 trading 22,957 stock units. Medical Disposables advanced 45 cents in closing at $6.50 after exchanging 4,973 units, Paramount Trading shed 5 cents to $1.25, with 18,000 shares crossing the market and tTech popped 5 cents to close at $4.05 in trading 2,093,452 stocks.
Other leading trades were Fosrich, with 1.1 million units for 4.2 percent of the day’s trade and Lumber Depot, with 1.04 million units for 4 percent market share.
At the close, Access Financial shed $1.95 in closing at $19 after trading 328 shares, Blue Power climbed 28 cents to close at $3.28 with an exchange of 200 units, Cargo Handlers declined $1.64 to end at a 52 weeks’ low of $5.61 in an exchange of 9,165 stock units. Derrimon Trading increased 11 cents to $2.32 trading 20,007 stocks, Dolphin Cove rose $1.20 to $15, with 155,865 units crossing the exchange, Elite Diagnostic dropped 3 cents to $2.68 trading 55,959 stocks. Express Catering advanced 10 cents to end at $5.80 with 355,597 shares changing hands, Future Energy Source lost 5 cents in closing at $2.90 after an exchange of 465,016 stock units, General Accident fell 30 cents to close at $6 in trading 16,505 units. GWest Corporation rallied 10 cents to 90 cents, with 1,100 shares changing hands, Honey Bun spiked $1.05 to end at $9.60 with the swapping of 10,907 stock units, iCreate added 5 cents to close at 90 cents in switching ownership of 7,079 stocks. Iron Rock Insurance popped 36 cents to $3.95 while exchanging 300 units, ISP Finance jumped $3.79 to $41.79 in an exchange of 60 shares, Jamaican Teas dropped 16 cents to $3.85, with 207,416 stocks clearing the market. Jetcon Corporation fell 6 cents to close at 93 cents trading 13,499 stock units, KLE Group popped 26 cents in ending at $1.77 after 1,500 units crossed the market, Lasco Distributors lost 7 cents to $3.40 with the swapping of 3,731 shares.
Lasco Financial shed 7 cents in closing at $2.99 after trading 11,139 stocks, Lasco Manufacturing declined 9 cents to end at $4.75 with the swapping of 36,700 stock units, Limners and Bards rose 18 cents in ending at $3.83 in switching ownership of 21,405,514 stocks. Lumber Depot shed 22 cents in closing at $2.81, with 1,036,521 shares clearing the market, Paramount Trading advanced 19 cents to $1.30 after exchanging 50,200 stock units, Stationery and Office Supplies dropped 89 cents to end at $5.50 while exchanging one unit and tTech dropped 78 cents to close at $4, with 2,128 shares changing hands.
Thirty five securities traded up from 34 on Thursday and ended with 14 rising, 16 declining and five left unchanged. At the close, the Junior Market Index popped 28.74 points to close at 3,397.48 and closed out the week ahead of the previous week’s close.
Trading averaged 109,165 shares at $313,769 down from 458,924 shares at $1,621,257 on Thursday and month to date, an average of 396,903 units at $1,257,809, compared to 413,716 units at $1,312,969 on Thursday. November closed with an average of 160,358 units at $581,730.
Lasco Manufacturing rallied 9 cents $4.84 in exchanging 10,921 stock units, Limners and Bards slipped 5 cents to end at $3.65 after 353,510 shares crossed the market, Lumber Depot increased 7 cents to end at $3.03 after trading 1,770,926 stocks. Mailpac Group rallied 6 cents to $3.40, with 102,075 units changing hands, Medical Disposables declined 44 cents to close at $6.06 with an exchange of 5,892 units and Stationery and Office Supplies popped 35 cents to $6.39 after an exchange of 16,392 shares.
Market activity led to 34 securities trading compared to 38 on Wednesday, ending with 10 rising, 18 declining and six unchanged. The Junior Market Index lost 20.92 points to 3,368.74.
Trading averaged 458,924 shares at $1,621,257 up from 113,634 units at $381,723 on Wednesday and month to date, averaging 413,716 units at $1,312,969 versus 410,995 shares at $1,294,418 on Wednesday. November closed with an average of 160,358 units at $581,730.
Lumber Depot declined 12 cents in closing at $2.96, with 809,985 stock units clearing the market, Mailpac Group dropped 6 cents to end at $3.34 after exchanging 9,793,796 shares, Medical Disposables rose 45 cents to close at $6.50 after 82,174 units changed hands. Paramount Trading fell 14 cents to end at $1.10 while exchanging 18,000 stocks, SSL Venture increased 5 cents to 96 cents with 20,386 stocks changing hands and Stationery and Office Supplies rallied 54 cents to $6.04 while exchanging just 1,056 shares.
Overall, 38 securities traded the same as on Tuesday with 16 rising, 14 declining and eight unchanged. At the close, the Junior Market Index rose 11.26 points to 3,389.66.
At the close, Access Financial popped $1 to $21 in exchanging 2,141 shares, Blue Power gained 17 cents to close at $3 with 21,667 units changing hands, CAC 2000 rallied 75 cents to $8.25 after an exchange of 100 stocks. Cargo Handlers spiked 53 cents to end at $7.80, with 100 stock units crossing the market, Caribbean Assurance Brokers advanced 12 cents to $2.40 in trading 69,483 stocks, Caribbean Cream rose 10 cents to close at $5.80 in an exchange of 7,729 shares. Consolidated Bakeries declined 17 cents to end at $1.17 after 885,402 units crossed the market, Derrimon Trading increased 6 cents to $2.26, with an exchange of 138,670 stock units, Dolphin Cove dropped $2.90 in closing at $14, with 186,419 units clearing the market. Elite Diagnostic shed 20 cents to $2.80 after exchanging 24,302 shares, Express Catering dropped 24 cents to end at $5.65 in switching ownership of 34,582 stock units, Fontana fell 5 cents to $7.25 while exchanging 31,070 stocks.
Honey Bun lost 10 cents to $9.15 with the swapping of 7,853 units,ISP Finance climbed $3.80 to $41.80 trading a mere 4 shares, Jamaican Teas dropped 13 cents to close at $3.75 after exchanging 179,721 stock units. Jetcon Corporation popped 10 cents to end at $1, with 100 stocks changing hands, Lasco Distributors climbed 23 cents to $3.39 trading 5,266 stocks, Limners and Bards fell 19 cents to close at $3.50, with 443,763 stock units changing hands. Lumber Depot popped 8 cents in closing at $3.08 in an exchange of 470,787 shares, SSL Venture shed 5 cents ending at 91 cents trading 28,710 units and Stationery and Office Supplies declined 54 cents to $5.50 after exchanging 17,209 stocks.