Trading closed on Monday, with the Junior Market index dropping 17.31 points to 3,284.82 as the volume of stocks traded declined 46 percent and the value slipping by 30 percent from Friday activity at the close of the Jamaica Stock Exchange Junior Market.
Market activity led to 36 securities trading up from 32 on Friday and ended with 11 rising, 18 declining and seven unchanged.
The PE Ratio, a measure used to compute appropriate stock values, averages 13. The PE ratio of each stock is shown in the chart below, is based on earnings forecasted by ICInsider.com for companies with their financial year ending up to August 2022.
Trading ended with 4,466,932 shares changing hands for $16,339,623 compared to 8,337,540 units at $23,193,961 on Friday. Lumber Depot led trading with 1 million shares for 22.5 percent of total volume, followed by Future Energy Source with 686,651 units for 15.4 percent of the day’s trade and Limners and Bards with 674,420 units for 15.1 percent market share.
Trading averaged 124,081 shares at $453,878 in contrast to 260,548 shares at $724,811 on Friday and month to date an average of 175,757 units at $604,034, compared to 179,215 units at $614,082 on Friday. September closed with an average of 207,032 units at $668,264.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Access Financial popped $2.45 to $19.70 with 3,000 shares clearing the market, Caribbean Assurance Brokers dropped 9 cents to $1.70 after exchanging 20,015 stock units, Caribbean Cream shed 20 cents to close at $5.90 after trading 142 stocks. Caribbean Flavours gained 5 cents to $1.94 while exchanging 51,037 units, Derrimon Trading advanced 8 cents to $2.40, with 254,993 shares crossing the exchange, Elite Diagnostic rose 19 cents to $3.29 after 21,243 stocks crossed the market. Express Catering lost 33 cents to $5 in an exchange of 78,275 units, Fontana increased 10 cents to $6.49 with 24,636 stock units changing hands, Fosrich spiked 20 cents in closing at $8.50 in trading 503,233 shares. GWest Corporation declined 12 cents to 83 cents in exchanging 59,347 units, Honey Bun fell 20 cents to $8.40 after exchanging 21,848 stock units, iCreate fell 6 cents to 97 cents with 2,692 stocks changing hands. Jamaican Teas climbed 6 cents to $4.45 in switching ownership of 254,158 stock units, KLE Group rallied 15 cents to $1.35 with an exchange of 53,319 stocks, Knutsford Express lost 85 cents at $7.20 with the swapping of 218 units.
Lasco Distributors dropped 30 cents to $3.60 after trading 6,065 shares, Mailpac Group declined 5 cents to close at $3.74 in exchanging 368,586 shares, Medical Disposables spiked 24 cents in closing at $4.98 while exchanging 2,500 units. Stationery and Office Supplies shed 30 cents in ending at $6.10 after trading 2,000 stocks, Tropical Battery gained 5 cents to end at $1.29, with 247,329 stock units crossing the market and tTech fell 45 cents to $4.25 crossing in trading 1,550 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market consolidating ahead of results
Trading pulled back on Thursday, with the volume of stocks traded falling 49 percent, with the value slipping 46 percent below Wednesday’s market activity on the Junior Market of the Jamaica Stock Exchange, but the market index rallied 6.60 points to 3,285.94.
Market activity led to 35 securities trading compared to 38 on Wednesday and ended with 14 rising, 13 declining and eight, closing unchanged.
The PE Ratio, a measure used to compute appropriate stock values, averages 13.3. The PE ratio of each stock is shown in the chart below, is based on earnings forecast for companies with the financial year ending up to July 2022, computed by ICInsider.com.
Trading ended with 3,121,228 shares changing hands for $10,611,834 compared to 6,124,546 units at 19,675,741 on Wednesday. Future Energy Source led trading with 613,900 shares for 19.7 percent of total volume, followed by Lumber Depot with 522,227 units for 16.7 percent of the day’s trade and Lasco Distributors 377,258 units for 12.1 percent market share.
Trading averaged 89,178 shares at $303,195 versus 161,172 shares at $517,783 on Wednesday and month to date, an average of 174,072 units at $607,079, compared to 180,380 units at $629,660 on Wednesday. September closed with an average of 207,032 units at $668,264.
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, AMG Packaging climbed 5 cents to $1.80, with 60,100 shares clearing the market, Cargo Handlers dropped $1 to $7 with an exchange of 57,812 stocks, Caribbean Assurance Brokers rallied 14 cents to close at $1.79 after exchanging 6,555 stock units. Caribbean Flavours fell 6 cents to $1.89 in an exchange of 44,870 units, Consolidated Bakeries shed 11 cents in closing at $1.50 trading 60,268 shares, Express Catering declined 12 cents to $4.65 in exchanging 34,060 units. Fosrich popped 5 cents to $8.25 while trading 90,380 stocks, General Accident dropped 12 cents to $5.32 in trading 6,341 stock units, Honey Bun dipped 10 cents to $8.50, with 36,913 shares crossing the market. iCreate lost 8 cents in closing at 95 cents with an exchange of 162,076 stock units, Indies Pharma fell 23 cents to $3.15 in trading 31,358 units, Lasco Distributors popped 5 cents in closing at $3.80 after exchanging 377,258 stocks. Lasco Financial added 11 cents to end at $3.20, with 40,105 stocks changing hands, 
Lasco Manufacturing advanced 21 cents to $4.71 in switching ownership of 20,732 units, Mailpac Group popped 7 cents to $3.82, with 118,807 stock units crossing the market. Main Event shed 11 cents in ending at $4.03 with the swapping of 3,700 shares, Medical Disposables declined 26 cents to $4.74 in exchanging 131,266 stock units and Tropical Battery rose 9 cents to $1.33, with 27,345 units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Fractional pull back for Juniors
On Wednesday, trading volume and value differed moderately from Tuesday, leading the Jamaica Stock Exchange Junior Market into a mild fall after 38 securities changed hands compared to 37 on Tuesday and ending with 13 rising, 18 declining and seven, closing unchanged.
At the close, the Junior Market Index slipped 10.08 points to settle at 3,279.34, after opening at 3,343.21. The PE Ratio, a measure used to compute appropriate stock values averages 13. The PE ratio of each stock is shown in the chart below, is based on earnings forecasted by ICInsider.com for companies whose financial year ends up to July 2022.
Trading garnered 6,124,546 shares for $19,675,741 compared to 5,877,002 units at $21,013,738 on Tuesday .Limners and Bards led trading with 3.05 million shares for 49.8 percent of total volume, followed by Lumber Depot 690,002 units with 11.3 percent of the day’s trade and Mailpac Group with 553,692 units for 9 percent market share. There was an average of 161,172 units at $517,783 in contrast to an average of 158,838 at $567,939 on Tuesday. The average or the month to date amounts to 84,959,068 units at $296,570,085 in contrast to 182,066 units at $639,479.
Trading averaged 161,172 shares at $517,783 in contrast to 158,838 shares at $567,939 on Tuesday. Trading month to date, averages 180,380 units at $629,660, compared to 182,066 units at $639,479 on Tuesday. September closed with an average of 207,032 units at $668,264.
Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and two with lower offers.
In trading, Access Financial declined $1.25 to $17.25 after exchanging 12,651 shares, AMG Packaging fell 18 cents to $1.75 while trading 358,000 stocks, as investors reacted to the release of full year results of 12 cents per share, up from 11 cents in 2020. Blue Power rose 26 cents to $3.31 after 69,451 units crossed the market, Cargo Handlers popped 20 cents to close at $8 in switching ownership of 672 stock units, Caribbean Assurance Brokers lost 8 cents and ended at $1.65 in an exchange of 32,751 units, Caribbean Cream shed 65 cents to end at $5.55, with 24,294 stocks clearing the market. Consolidated Bakeries dropped 12 cents at $1.61 while trading 2,000 shares, Dolphin Cove shed $2.05 to $8.20 after exchanging 5,000 stock units, Elite Diagnostic fell 12 cents in closing at $2.98 with 217,117 shares changing hands. Everything Fresh increased 8 cents to close at 96 cents after 1,206 stock units changed hands, Express Catering lost 13 cents to close at $4.77 trading 59,791 stocks, Fontana gained 9 cents to end at $6.45 with the swapping of 64,340 units. 
Fosrich climbed 10 cents to $8.20 in exchanging 950 units, Honey Bun fell 10 cents in closing at $8.60, with 620 shares crossing the market, Jamaican Teas rallied 8 cents to $4.38 with an exchange of 119,546 stocks. Lasco Distributors spiked 15 cents to end at $3.75 in trading 46,113 stock units, Lasco Financial declined 14 cents to close at $3.09, with 32,429 stocks changing hands, Main Event dropped 15 cents to $4.14 after exchanging 1,240 stock units. Stationery and Office Supplies shed 50 cents ending at $6 in trading 1,600 shares and tTech advanced 42 cents in closing at $4.67 after 3,090 units crossed the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading drops on junior Market
The number of securities trading rose sharply on Tuesday, but the volume of stocks traded declined 18 percent and the value fell 19 percent below Friday levels on the Jamaica Stock Exchange Junior Market and resulting in a fall in the market index.
Market activity led to 37 securities trading compared to 31 on Friday and ended with ten rising, 16 declining and 11 closing unchanged.
The Junior Market Index shed 35.98 points to 3,288.42. The PE Ratio, a measure used to compute appropriate stock values, averages 13.5. The PE ratio of each stock is shown in the chart below, is based on earnings forecasted by ICInsider.com for companies with their financial year ending up to July 2022.
Trading ended with 5,877,002 shares changing hands for $21,013,738 down from 7,139,761 units at $25,836,483 on Friday. Mailpac Group led trading with 4.38 million shares for 74.5 percent of total volume, followed by Future Energy Source with 490,153 units for 8.3 percent of the day’s trade and Limners and Bards 213,465 units with a 3.6 percent market share.
Trading averaged 158,838 shares at $567,939 in contrast to 230,315 shares at $833,435 on Friday. Trading month to date, averages 182,066 units at $639,479, compared to 184,236 units at $646,163 on Friday. September closed with an average of 207,032 units at $668,264.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and five with lower offers.
At the close, Blue Power shed 15 cents to end at $3.05, with 21,083 shares crossing the market, Cargo Handlers rallied 80 cents to $7.80 while exchanging 990 stock units, Caribbean Cream dipped 5 cents to $6.20 trading 1,750 units. Caribbean Flavours advanced 6 cents in closing at $1.95 after trading 3,131 stocks, Elite Diagnostic rose 10 cents to $3.10 with 10,500 stock units changing hands, Everything Fresh dropped 8 cents to 88 cents after exchanging 9,067 shares. Express Catering fell 5 cents to close at $4.90, with 6,500 units crossing the exchange, Fontana lost 32 cents to end at $6.36 in switching ownership of 44,245 stocks, Fosrich declined 10 cents to $8.10, with 15,806 units changing hands. Iron Rock Insurance spiked 49 cents to $3.79 with an exchange of 100 stock units, Jamaican Teas dropped 5 cents to close at $4.30 with the swapping of 80,017 stocks, Knutsford Express popped 60 cents to $8.10, trading 2,243 shares. Lasco Manufacturing lost 10 cents in closing at $4.50 in an exchange of 39,219 stock units, 
Limners and Bards fell 11 cents to $3.51, with 213,465 shares clearing the market, Lumber Depot climbed 8 cents to end at $2.91 after exchanging 177,643 units. Main Event increased 29 cents, ending to $4.29, with 7,478 stocks crossing the market, Medical Disposables shed 25 cents to close at $5 in switching ownership of 55,000 shares and Tropical Battery lost 9 cents to end at $1.26, with 10,000 units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Mild slip for Junior Market
Trading closed Thursday, on the Jamaica Stock Exchange Junior Market with a 16 percent fall in the volume of stocks traded on Wednesday after marginally less funds passed through the market and leaving the market index slipping by the slimmest of margins.
At the close, the Junior Market Index dipped 0.29 points to settle at 3,305.34 after market activity led to trading in 36 securities down from 38 on Wednesday and ending, with 14 rising, 12 declining and 10 closing unchanged.
The PE Ratio, a measure used to compute appropriate stock values, averages 12.7. The PE ratio of each stock is shown in the chart below, is based on earnings forecasted by ICInsider.com for companies with their financial year ending up to April 2022.
At close, 4,213,606 shares traded for $15,623,313 down from 5,024,379 units at $15,818,690 on Wednesday. Lumber Depot led trading with 1.55 million shares for 36.7 percent of total volume followed by Limners and Bards 535,900 units with 12.7 percent of the day’s trade and Cargo Handlers 501,000 units with 11.9 percent market share.
Trading averaged 117,045 shares at $433,981 versus 132,221 shares at $416,281 on Wednesday and month to date, an average of 180,323 units at $630,258, from 187,247 units at $651,735 on Wednesday. September closed with an average of 207,032 units at $668,264.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Access Financial increased 90 cents to end at $18.90 after exchanging 5,550 shares, Blue Power climbed 13 cents in ending at $3.38, with 3,420 stocks crossing the market, Caribbean Assurance Brokers rallied 7 cents in closing at $1.77 after an exchange of 6,893 units. Caribbean Flavours popped 7 cents to $1.96 after trading 24,567 stock units, Derrimon Trading lost 19 cents to $2.35 while exchanging 22,043 shares, Fontana declined 28 cents to close at $6.40 after 79,793 stock units changed hands. General Accident rose 13 cents $5.45 in an exchange of 19,000 units, Honey Bun fell 35 cents to $8.70 with the swapping of 6,684 stocks, iCreate dropped 12 cents to 89 cents crossing, with 191,451 units passing through the market. ISP Finance advanced $5 to end at a record high of $40 after finishing trading of 200 shares, Jamaican Teas gained 10 cents to close at $4.15 with an exchange of 452,530 stock units, KLE Group shed 15 cents in ending at $1.15 in exchanging 500 stocks. 
Knutsford Express declined 10 cents to end at $8.10 in trading 503 units, Lasco Manufacturing dipped 10 cents to $4.60 with 5,361 shares changing hands, Lumber Depot lost 12 cents in closing at $2.85 trading 1,545,090 stock units. Main Event popped 11 cents to $3.76 in switching ownership of 600 stocks and Stationery and Office Supplies climbed 50 cents to end at $6.50 trading 10,000 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading picks up for Junior Market
Trading picked up on Wednesday, with a 37 percent rise in the volume of stocks trading, accompanied by 43 percent higher value than on Tuesday, leading the Jamaica Stock Exchange Junior Market to close with a modest rise of 13.17 points Market Index 3,305.63.
A total of 38 securities traded compared to 36 on Tuesday and ended with 15 rising, 14 declining and nine, closing unchanged.
The PE Ratio, a measure used to compute appropriate stock values, averages 12.6 based on ICInsider.com’s 2021-22 earnings forecast.
Trading ended with 5,024,379 shares changing hands for $15,818,690 compared to 3,674,474 units at $11,048,134 on Tuesday. Lumber Depot led trading with 1.57 million shares to control 31.3 percent of total volume, followed by Derrimon Trading with 842,422 units for 16.8 percent of the day’s trade and iCreate 674,498 units with 13.4 percent market share.
Trading averaged 132,221 shares at $416,281 compared to 102,069 shares at $306,893 on Tuesday and month to date averages 187,247 units at $651,735, versus 194,432 units at $682,482 on Tuesday. September closed with an average of 207,032 units at $668,264.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Access Financial lost $1.51 to close at $18 in switching ownership of 748 shares, AMG Packaging advanced 12 cents to $1.89 after exchanging 3,717 stock units, CAC 2000 spiked $2.25 to $9.25, trading just ten units. Caribbean Assurance Brokers shed 5 cents to end at $1.70 in exchanging 1,498 stock units, Caribbean Cream declined 35 cents to $6.40, with 7,584 units crossing the market, Caribbean Flavours fell 7 cents to $1.89, with 105,383 shares crossing the exchange. Consolidated Bakeries popped 5 cents to $1.55 after 5,396 stocks changed hands, Derrimon Trading climbed 23 cents to close at $2.54 trading 842,422 units, Dolphin Cove rose 25 cents to $10.25 while exchanging 777 stock units. Everything Fresh dropped 5 cents to 93 cents after exchanging 2,626 shares, Express Catering fell 30 cents to close at $5 with an exchange of 35,066 stocks, Fontana rose 37 cents to $6.68 in trading 132,792 units. Fosrich gained 8 cents to $8.20 after an exchange of 1,324 stocks, Future Energy Source rallied 9 cents to $2.64, with 298,186 shares clearing the market, Honey Bun rallied 50 cents to $9.05 with the swapping of 19,923 units. 
Jamaican Teas advanced 5 cents to $4.05 in trading 202,484 stock units, KLE Group climbed 11 cents to $1.30, with 40,000 units changing hands, Lasco Manufacturing increased 16 cents to end at $4.70 in trading 18,613 stocks. Limners and Bards shed 15 cents to $3.52 with the swapping of 42,598 shares, Main Event declined 85 cents to close at $3.65 after trading 7,226 stock units and Medical Disposables spiked 43 cents to close at $5.24 while exchanging 18,600 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Increased trading pushes Junior Market down
The Jamaica Stock Exchange Junior Market index surged to 3,323.70 points in the morning session on Monday, but selling pushed it back below the 3,300 mark to close at 3,277.70 after dropping 22.77 points with the volume of stocks traded slightly more than on Friday but with the value towering 40 percent higher.
Similar to trading on Friday, 37 securities traded and ended with the prices of 15 rising, 18 eclining and four closing unchanged.
The PE Ratio, a measure used to compute appropriate stock values, averages 12.5 based on ICInsider.com’s 2021-22 earnings forecast.
Trading ended with 8,315,636 shares changing hands for $36,059,912 versus 8,206,423 units at $25,715,250 on Friday. Lumber Depot led trading with 3.08 million shares after controlling 37 percent of total volume, followed by Fontana with 2.37 million units and taking 28.5 percent of the day’s trade and Future Energy Source with 689,535 units for 8.3 percent market share.
Trading averaged 224,747 shares at $974,592 in contrast to 221,795 shares at $695,007 on Friday. Trading month to date, averages 207,472 units at $735,506, compared to 204,540 units at $694,927 on Friday. September closed with an average of 207,032 units at $668,264.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Access Financial gained $1.10 to close at $19.70 while exchanging 114,509 shares, Blue Power fell 37 cents to $3, trading 11,015 stock units, CAC 2000 shed $2.25 to end at a 52 weeks’ low of $7 after exchanging 1,009 stocks. 
Cargo Handlers dropped 50 cents to $7, with 367 units crossing the exchange, Caribbean Assurance Brokers rallied 17 cents to $1.80, with 17,044 stock units clearing the market, Caribbean Cream spiked 33 cents to $6.70 after 17,573 stocks changed hands. Express Catering popped 10 cents to $5 in an exchange of 43,238 shares, Fontana rose 33 cents in closing at $6.40 with 2,370,536 units changing hands, Fosrich lost 8 cents to close at $8.12 in trading 11,170 units. Future Energy Source dropped 15 cents to $2.55 with the swapping of 689,535 stock units, General Accident declined 15 cents to $5.30 after exchanging 128,132 shares, Honey Bun climbed 15 cents to $9 in exchanging 75,161 stocks. iCreate dropped 8 cents to 92 cents after 98,817 shares crossed the market, Indies Pharma advanced 19 cents to $3.39 after trading 24,595 units, Jamaican Teas fell 10 cents to $4.08, with 508,658 stocks changing hands. Jetcon Corporation shed 13 cents in closing at $1 after switching ownership of 35,184 stock units, KLE Group popped 11 cents to $1.13 while exchanging 505 units, Knutsford Express lost 7 cents in ending at $8 after 2,919 stock units changed hands, Lasco Distributors popped 10 cents to close at $3.70, with 4,394 stocks clearing the market. 
Lasco Manufacturing dropped 24 cents to end at $4.65 trading 14,182 shares, Limners and Bards spiked 21 cents to $3.70 with an exchange of 184,618 stocks, Lumber Depot declined 7 cents to close at $2.90 after trading 3,076,244 units, Main Event lost 40 cents in closing at $4 after exchanging 1,865 shares, Medical Disposables shed 47 cents to $4.73 with the swapping of 10,110 stock units and Stationery and Office Supplies climbed 48 cents to $6.48 in an exchange of two shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market falls on higher volume
Stocks mostly fell at the close of trading on Thursday on the Junior Market of the Jamaica Stock Exchange, with the volume of stocks traded rising 130 percent and the value climbing 94 percent higher than on Wednesday and ending with a fall in the market index.
Market activity led to 37 securities trading up from 33 on Wednesday, with 11 rising, 21 declining and five closed unchanged.
The Junior Market Index declined 25.27 points to 3,262.46. The PE Ratio, a measure used to compute appropriate stock values, averages 12.5 based on ICInsider.com’s 2021-22 earnings forecast.
Overall, 12,301,366 shares traded for $39,887,095 up from 5,353,446 units at $20,594,887 on Wednesday. Mailpac Group controlled 33.7 percent of total volume traded, with 4.14 million shares, followed by Derrimon Trading 29.3 percent with 3.61 million units, Jamaican Teas 13 percent with 1.6 million shares, Lumber Depot took 9.7 percent, with 1.19 million units changing hands.
Trading averaged 332,469 shares at $1,078,030 in contrast to 162,226 units at $624,087 on Wednesday. Trading month to date, averages 201,012 shares at $694,911, compared to 167,235 units at $596,470 on Wednesday. September closed with an average of 207,032 units at $668,264.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Access Financial dropped $1.40 to $18.60 with the swapping of 2,000 shares, AMG Packaging shed 11 cents to close at $1.70 with an exchange of 94,001 stocks, Blue Power declined 5 cents in closing at $3.25 after trading 1,910 stock units. Cargo Handlers fell 10 cents to $7.50 in switching ownership of 395 units, Caribbean Cream rallied 5 cents to $6.35, with 6,013 units clearing the market, Consolidated Bakeries popped 16 cents to $1.80, with 585 shares changing hands. Dolphin Cove spiked $1.50 to close at $9 with an exchange of 3,553 stocks, Express Catering fell 15 cents to $5.35 after 122,248 stock units crossed the exchange, General Accident declined 15 cents to $5.30 after exchanging 11,100 stock units. GWest Corporation dropped 6 cents in ending at 82 cents after exchanging 33,089 shares, Honey Bun spiked 48 cents to $8.98, with 167,902 stocks crossing the market, iCreate increased 8 cents to 96 cents in trading 317,983 units. Indies Pharma fell 10 cents to $3.35 in an exchange of 1,344 stock units, Jamaican Teas shed 6 cents to end at $4.34 after exchanging 1,595,879 stocks, Jetcon Corporation lost 12 cents in closing at $1.01 after trading 9,909 units. 
Knutsford Express dropped 8 cents to end at $8.07 after 890 shares changed hands, Lasco Distributors fell 15 cents to close at $3.62, after 1,500 units changed owners, Lasco Manufacturing lost 14 cents in ending at $4.66 with an exchange of 2,930 stocks. Limners and Bards declined 13 cents to $3.30 in an exchange of 64,723 shares, Mailpac Group shed 10 cents in closing at $3.60 with the swapping of 4,144,462 stock units and tTech shed 15 cents to $4.05 in trading 12,545 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading up on Wednesday
Trading picked up with 43 percent more funds entering the market and driving the volume of stocks traded up 17 percent at the close on Wednesday, over Tuesday’s trades and sent the Junior Market of the Jamaica Stock Exchange rising moderately, with declining stocks edging out those that rose as the market continues to consolidate.
The number of stocks trading fell to 33, from 37 on Tuesday and ended with 12 rising, 14 declining and seven closing unchanged. The Junior Market Index rose 5.10 points to settle at 3,287.73.
The PE Ratio, a measure used in computing appropriate stock values, averages 12.5 based on ICInsider.com forecasted 2021-22 earnings.
Trading ended with 5,353,446 shares changing hands for $20,594,887 up from 4,576,086 units at $14,364,164 on Tuesday. Jamaican Teas led trading, with 32.2 percent of total volume and 1.72 million shares, followed by Lumber Depot 23.7 percent with 1.27 million units and Future Energy Source 14.8 percent, with 793,771 shares.
Trading averaged 162,226 shares at $624,087 in contrast to 123,678 units at $388,221 on Tuesday. Trading month to date, averages 167,235 shares at $596,470, compared to 168,725 units at $588,260 on Tuesday. September closed with an average of 207,032 units at $668,264.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and just one with a lower offer.
At the close, AMG Packaging rallied 16 cents to $1.81 after exchanging 13,311 shares, Caribbean Cream fell 20 cents to $6.30 with an exchange of 60,498 stock units, Everything Fresh shed 7 cents to close at 90 cents after trading 21,739 units. Express Catering rose 10 cents to $5.50 switching ownership of 12,270 stocks, Fontana declined 12 cents to $6.40 after exchanging 343,755 units, Honey Bun dropped 15 cents to $8.50, with 155,598 shares clearing the market. Indies Pharma gained 30 cents to end at $3.45 with 1,500 stock units crossing the exchange, Iron Rock Insurance lost 75 cents to close at $3.35 in trading 100 stocks, Jamaican Teas dropped 10 cents in closing at $4.40, with 1,722,319 shares changing hands. 
Lasco Distributors fell 13 cents to $3.77 after exchanging 48,765 stocks, Lasco Manufacturing climbed 11 cents to $4.80 with the swapping of 2,693 stock units, Mailpac Group shed 14 cents to $3.70 while trading 141,762 units. Medical Disposables declined 9 cents to close at $4.71, with 15,685 stocks crossing the market, Stationery and Office Supplies popped 15 cents in, ending at $6.20 after trading 3,000 units and Tropical Battery rallied 7 cents to end at $1.37 in an exchange of 1,654 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Rising stocks beat two to one
The Jamaica Stock Exchange Junior Market just hang to a modest gain at the close on Tuesday, after the volume traded fell 30 percent lower and the value traded falling 30 percent below trading activity on Monday leaving the market index with a single digit increase.
Market activity led to 37 securities trading compared to 38 on Monday and ended with 19 rising, 11 declining and seven, closing unchanged.
The Market Index gained 4.42 points to settle at 3,282.63 after it traded above the 3,300 mark.
The PE Ratio, a measure used to compute appropriate stock values, averages 12.5 based on ICInsider.com’s 2021-22 earnings forecast.
Overall, a total of 4,576,086 shares traded for $14,364,164 down from 6,492,921 units at $22,067,491 on Monday. Jamaican Teas led trading with 1.14 million shares and accounted for 25 percent of total volume, after closing at a 52 weeks’ high, followed by Caribbean Flavours with 815,999 units and 17.8 percent of the day’s trade and Lumber Depot 700,592 units for 15.3 percent of the market.
Trading averaged 123,678 units at $388,221 in contrast to 170,866 shares at $580,723 on Monday. Trading month to date, averages 168,725 units at $588,260, compared to 191,248 units at $688,279 on Monday. September closed with an average of 207,032 units at $668,264.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close, Blue Power popped 5 cents in closing at $3.30 while exchanging 110 shares, Caribbean Cream rose 10 cents to $6.50, with 101,030 stocks clearing the market, Consolidated Bakeries fell 16 cents to $1.64 in exchanging 11,500 units. Dolphin Cove shed $1.50 in ending at $7.50, with 8,199 stock units changing hands, spiked 17 cents to end at $6.52 after exchanging 116,724 stocks, Future Energy Source rallied 5 cents to end at $2.70 after 363,385 stock units crossed the exchange. Honey Bun gained 43 cents in ending at $8.65 with the swapping of 18,521 units, iCreate advanced 10 cents to close at 85 cents with an exchange of 290,770 shares, Indies Pharma declined 50 cents in closing at $3.15, with 7,600 units crossing the market. Jamaican Teas climbed 17 cents to close at a 52 weeks’ high of $4.50 in switching ownership of 1,143,669 stocks, KLE Group dropped 11 cents to end at $1.02 in an exchange of 60,000 shares, Knutsford Express lost 25 cents in ending at $8.15, after trading 179 stock units. Lasco Financial rose 15 cents to $3.15 after trading 79,696 shares, 
Lasco Manufacturing increased 12 cents to $4.69 in trading 4,063 stock units, Limners and Bards advanced 10 cents to $3.45, with 84,220 stocks changing hands. Main Event climbed 30 cents to $4.50 after exchanging 400 units, Medical Disposables fell 20 cents to end at $4.80 in exchanging 30,000 stocks, SSL Venture popped 5 cents to close at 68 cents, with one share changing hands. Stationery and Office Supplies dropped 59 cents to $6.05 after 10,000 units crossed the exchange and tTech rose 14 cents to $4.20 after 18,619 stock units changed hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
