For a third consecutive day, One Great Studio dominated Junior Market trading on the Jamaica Stock Exchange on Thursday, accounting 71 percent with the volume of stocks traded and was the major reason for a 20 percent fall in volume and a 12 percent fall in the value of the day’s trade than Wednesday with 45 securities trading compared with 44 on Wednesday and ended with prices of 23 stocks rising, 13 declining and nine closing unchanged.
Investors traded 21,011,494 shares for $31,863,579 versus 26,192,370 units at $36,308,731 on Wednesday.
Trading averaged 466,922 shares at $708,080 compared with 595,281 units at $825,198 on Wednesday with a month to date average of 199,010 shares at $374,909 compared with 177,933 stock units at $348,698 on the previous day. August closed with an average of 183,001 units at $460,354.
One Great Studio led trading with 14.83 million shares for 70.6 percent of total volume followed by Fosrich with 1.64 million units for 7.8 percent of the day’s trade and Mailpac Group with 1.0 million units for 4.8 percent of the day’s trade.
Price movements resulted in the Junior Market Index popping 20.71 points to end at 3,803.96.
The Junior Market ended trading with an average PE Ratio of 10.5 based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending between November 2023 and August 2024.
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, Blue Power dipped 15 cents and ended at $2.50 after an exchange of 446,997 shares, Cargo Handlers shed $1.25 to $14.95, with 1,131 stock units crossing the exchange, Caribbean Cream declined 55 cents to close at $3.52 in switching ownership of 4,153 stocks, Derrimon Trading rebounded by 50 cents to $2 in an exchange of 728,866 units. Dolla Financial rose 7 cents in closing at $2.27 with investors trading 151,765 stock units, EduFocal popped 12 cents to $1.34 with an exchange of 4,706 units, Elite Diagnostic gained 16 cents and ended at $1.81 with shareholders swapping 2,611 stocks, Fontana fell 10 cents to $10.30, with 16,520 shares clearing the market. Fosrich advanced 26 cents to close at $2.35 after 1,637,218 units passed through the market, Future Energy Source rallied 6 cents in closing at $3.31 with a transfer of 125,086 stock units, General Accident increased 15 cents to close at $5.25 after trading in 41,060 shares, GWest Corporation advanced 6 cents and ended at $1.01 and closed with an exchange of 67,262 stocks. 
Honey Bun gained 30 cents to end at $6.30 after a transfer of 2,500 stocks, Iron Rock Insurance popped 20 cents to $2.20, with 2 stock units changing hands, ISP Finance climbed 93 cents in closing at $44.93 in trading 2 shares, JFP Ltd increased 11 cents to $1.55 after investors exchanged 14,796 units. Knutsford Express dropped 13 cents to $11.30 with trading in 25,269 stock units, Lasco Distributors lost 15 cents to close at $4.20 with an exchange of 199,870 shares, Lasco Manufacturing rallied 8 cents and ended at $5.40 with traders dealing in 18,650 units, Limners and Bards rose 7 cents to end at $1.75, with 5,670 stocks crossing the market. Lumber Depot climbed 10 cents and ended at $2.10 after 193,070 stock units crossed the market, One Great Studio advanced 9 cents to close at a record close of $1.27 with an exchange of 14,829,035 shares, Paramount Trading skidded 28 cents to $1.72 with stakeholders exchanging 5,500 stocks. 
Regency Petroleum fell 9 cents to end at $2.10 with investors transferring 150,094 units and Tropical Battery gained 10 cents in closing at $2 after 57,552 shares passed through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
1 Great Studio dominant Junior Market stock
Newly listed One Great Studio dominated Junior Market trading on the Jamaica Stock Exchange on Wednesday, pushing the volume of stocks traded up 53 percent and the value 66 percent more than Tuesday with trading in 44 securities compared with 42 on Tuesday and ended with prices of just 11 rising, 22 declining and 11 closing unchanged.
One Great Studio led trading with 21.66 million shares for 82.7 percent of total volume followed by Derrimon Trading with 900,000 units for 3.4 percent of the day’s trade and Dolla Financial with 713,784 units for 2.7 percent market share.
Investors traded 26,192,370 shares for $36,308,731 against 17,126,215 units at $21,864,015 on Tuesday.
Trading averaged 595,281 shares at $825,198, up from 407,767 stocks at $520,572 on Tuesday with the month to date, averaging 177,933 units at $348,698 compared with 143,154 stock units at $308,990 on the previous day. August closed with an average of 183,001 shares at $460,354.
At the close, the Junior Market Index gained 13.23 points to close at 3,783.25.
The Junior Market ended trading with an average PE Ratio of 10.3, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending between November 2023 and August 2024.
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 fell 5 cents to $24.95 while exchanging 3,324 shares, CAC 2000 increased 36 cents in closing at $3.88 as investors traded 200 stock units, Caribbean Assurance Brokers climbed 9 cents to end at $2.83 in switching ownership of 10,832 stocks, Consolidated Bakeries rose 32 cents to $2.42 with a transfer of 1,386 units. Derrimon Trading shed 50 cents to close at $1.50 with investors transferring 900,000 stocks, Dolphin Cove skidded 16 cents to end at $16 with an exchange of 69,012 units, EduFocal lost 13 cents to end at $1.22 after 20,157 shares passed through the market, Elite Diagnostic dropped 16 cents to close at $1.65 with 10,274 stock units clearing the market. Fosrich popped 5 cents and ended at $2.09 with an exchange of 452,242 shares, General Accident advanced 12 cents in closing at $5.10 with investors dealing in 97,478 stock units, 
Honey Bun declined 45 cents to $6 in an exchange of 164,387 units, Iron Rock Insurance dipped 10 cents to close at $2 with stakeholders exchanging 2,509 stocks. ISP Finance dipped 95 cents and ended at $44. With investors trading 97 stock units, Jamaican Teas rallied 20 cents to end at $2 after 4,917 stocks crossed the market, JFP Ltd declined 6 cents in closing at $1.44 after an exchange of 51,048 shares, Knutsford Express gained 43 cents to close at $11.43 with shareholders swapping 314 units. Lasco Manufacturing gained 12 cents to $5.32 in an exchange of 1,229 shares, Limners and Bards lost 10 cents in closing at $1.68, with 14,926 units crossing the exchange, Paramount Trading climbed 5 cents to end at $2 in trading 3,667 stocks. Spur Tree Spices fell 12 cents and ended at $2.02 with traders dealing in 67,664 stock units, 
Stationery and Office Supplies shed 7 cents to end at $1.58 after a transfer of 426,793 stock units and Tropical Battery dropped 10 cents to $1.90, with 30,221 shares changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market gets 49th listing
Jamaica’s most recent IPO that was oversubscribed, One Great Studio was listed and stated trading closed on the Junior Market of the Jamaica Stock Exchange on Tuesday, with the trading in the stocks dominating market activity with the vast majority of stocks traded and in the process pushed the volume for the day up 254 percent and the value 94 percent more than Monday after trading taking place in 42 securities compared with 40 on Monday and ended with prices of seven rising, 21 declining and 14 closing unchanged.
Investors traded 17,126,215 shares for $21,864,015 versus 4,843,898 units at $11,250,151 on Monday.
Trading averaged 407,767 shares at $520,572 compared with 121,097 units at $281,254 on Monday with the month to date, averaging 143,154 units at $308,990 in comparison to 120,286 stock units at $290,705 on the previous day. August closed with an average of 183,001 units at $460,354.
Newly listed One Great Studio led trading with 14.09 million shares for 82.3 percent of total volume followed by ONE on ONE Educational with 606,944 units for 3.5 percent of the day’s trade and Stationery and Office Supplies with 597,718 units for 3.5 percent market share.
At the close, the Junior Market Index shed 21.90 points to close at 3,770.02.
The Junior Market ended trading with an average PE Ratio of 10.3, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Access Financial popped $2.30 and ended at $25 in trading 227 shares, Cargo Handlers dropped 18 cents in closing at $16.20, with 250 units clearing the market, Dolla Financial fell 17 cents to end at $2.23 after 118,475 stock units crossed the market, Dolphin Cove dipped 33 cents to $16.16 in switching ownership of 181 stocks. Fontana lost 6 cents to close at $10.44 after investors traded 37,482 stocks, Fosrich shed 6 cents in closing at $2.04 in an exchange of 136,987 units, 
Honey Bun skidded 5 cents and ended at $6.45 while trading 14,285 shares, Indies Pharma fell 8 cents to close at $2.90 with stakeholders exchanging 23,822 stock units. Jamaican Teas lost 20 cents to end at a 52 weeks’ low of $1.80 after an exchange of 11,239 stock units, JFP Ltd declined 7 cents to $1.50 as investors exchanged 13,416 shares, KLE Group fell 5 cents to $1.50 with 50 stocks changing hands, Knutsford Express skidded 45 cents to end at $11 with a transfer of 1,737 units. Main Event shed 49 cents and ended at $14.50 with shareholders swapping 517 stock units, newly listed, One Great Studio rallied 14 cents to a record close of $1.14 after an exchange of 14,087,445 units and hitting a high of $1.29. Paramount Trading dropped 5 cents in closing at $1.95 after 100 stocks crossed the exchange, Regency Petroleum advanced 7 cents and ended at $2.20 in trading 171,249 shares, 
Stationery and Office Supplies dipped 9 cents to end at $1.65 and closed after 597,718 stocks were traded and Tropical Battery climbed 11 cents in closing at $2 with investors dealing in 185,951 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market falls as trading climbs
Price changes were mostly modest on the Junior Market of the Jamaica Stock Exchange Monday, and led rising and declining stocks sharing honours on a day when there was trading in 40 securities compared with 38 on Friday, ended with 17 rising, 17 declining and six closing unchanged with the volume of stocks traded jumping 146 percent and the value 144 percent more than Friday.
Investors exchanged 4,843,898 shares for $11,250,151 compared to 1,971,310 units at $4,610,291 on Friday.
Trading 0n Monday averaged 121,097 shares at $281,254 up from 51,877 units at $121,323 on Friday. Trading for the month to date, averages 120,286 stocks at $290,705 compared with 120,214 stocks at $291,552 on the previous day. August closed with an average of 183,001 units at $460,354.
Image Plus Consultants led trading with 1.08 million shares for 22.3 percent of total volume followed by Regency Petroleum with 791,364 units for 16.3 percent of the total stocks that were traded and ONE on ONE Educational with 756,895 units for 15.6 percent market share.
At the close, the Junior Market Index fell 37.52 points to 3,791.92.
The Junior Market ended trading with an average of PE of 10.6 based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending between November 2023 and August 2024.
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, AMG Packaging skidded 23 cents to $2.28, with 10,817 shares changing hands, Caribbean Flavours fell 8 cents to end at $1.20 with shareholders swapping 1,985 stock units, Dolla Financial popped 12 cents to close at $2.40 with traders dealing in 293,601 units, EduFocal dipped 11 cents and ended at $1.34 in an exchange of 17,593 stock units. Elite Diagnostic gained 20 cents in closing at $1.81, with 320 shares crossing the exchange, Fontana lost 49 cents and ended at $10.50, with 11,199 stock units passing through the market, Fosrich rallied 13 cents in closing at $2.10 after 33,132 units were exchanged, General Accident climbed 44 cents to $4.99 after an exchange of 31,127 stock. Honey Bun declined 28 cents to close at $6.50 as investors traded 14,903 units, Image Plus Consultants shed 9 cents to end at $2.02 in trading 1,079,499 shares, 
Jamaican Teas dropped 6 cents to close at $2 after 68,896 stocks changed hands, but only after hitting an intraday 52 week’s low of $1.75. Knutsford Express rose 20 cents in closing at $11.45 with investors transferring 2,061 stock units, Lasco Distributors shed 10 cents and ended at $4.35 with a transfer of 53,195 units, Lasco Manufacturing lost 5 cents to end at $5.20 after an exchange of 63,824 stock units, Limners and Bards increased 12 cents to $1.80 after 23,670 stocks passed through the market. Main Event fell 26 cents to end at $14.99 in switching ownership of 67,532 shares, MFS Capital Partners dipped 20 cents to $2 with investors exchanging 137,500 shares, Paramount Trading advanced 7 cents and ended at $2 while 500 stocks were treated.
Regency Petroleum declined 10 cents to close at $2.13 with an exchange of 791,364 stock units and Spur Tree Spices popped 8 cents in closing at $2.14 with 5,322 units being traded.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Scotia climbs in ICTOP10
The Jamaica Stock Exchange Junior Market and the Main Market moved in opposite directions in the past week with the Junior Market enjoying some recovery from the fall in the past week and the Main Market suffering more pain, with a near 2 percent fall, with a few of the stocks hitting 52 weeks’ low, with Scotia Group being one of them and pushed to stock to 6 positions in the TOP10.
Developments in the past week, the Main Market, Key Insurance rose 11 percent to close the week at $2.77, followed by a 10 percent fall in Scotia Group down to $30, but the bid closed higher than the last price, suggesting a rebound in the coming week. Scotia Group reported solid results for the nine months to July. ICInsider.com upgraded earnings to $5.50 but it could hit $6, with the stock being extremely undervalued. Caribbean Cement declined by 6 percent to close the week at $47.50 and JMMB Group fell 5 percent to $28.10
The Junior Market ICTOP10 closed the week with a 16 percent rise in the price of Caribbean Cream to $4.06 followed by a 12 percent decline for Elite Diagnostic to $1.61 and an 8 percent fall in General Accident Insurance to $4.55.
At the end of the week, the average PE for the JSE Main Market TOP 10 is 5, well below the market average of 12.3. The Main Market TOP10 is projected to have an average of 336 percent, to May 2024, based on 2023 forecasted earnings.
A total of 12 of the most highly valued stocks representing 26 percent of the Main Market are priced with a PE of 15 to 84, with an average of 30 and 21 excluding the highest PE ratios, with a PE of 21 for the top half and 17 excluding the stocks with the highest PEs.
The Junior Market Top 10 PE sits at 5 compared with the market at 10.6. There are 12stocks or 26 percent of the market, with PEs from 15 to 38, averaging 21 that are well above the market’s average. The top half of the market has an average PE of 15, possibly the lowest fair value for Junior Market stocks currently, and projected to rise by 300 percent to May 2024.
The divergence between the average PE ratio of the Main and Junior Markets and the overall market valuation are important indicators of the level of likely gains for ICTOP10 stocks.
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 2024 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 and result 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 plunges on the Junior Market
Trading plunged on the Junior Market of the Jamaica Stock Exchange Friday, with an 82 percent drop in the volume of stocks traded declining and the value diving 81 percent compared to Thursday following trading in 38 securities compared with 42 on Thursday and ended with 17 rising, 14 declining and seven closing unchanged.
Investors traded 1,971,310 shares for $4,610,291 versus 11,110,231 units at $23,817,408 on Thursday.
Trading averaged 51,877 shares for $121,323 compared to 264,529 units at $567,081 on Thursday. Trading month to date, averages 120,214 stocks at $291,552, down from 126,578 units at $307,407, on the previous day. August averaged 183,001 shares at $460,354.
ONE on ONE Educational led trading with 363,555 shares for 18.4 percent of total volume followed by Dolla Financial with 321,625 units for 16.3 percent of the day’s trade and Stationery and Office Supplies with 165,774 units for 8.4 percent market share.
At the close, the Junior Market Index climbed 17.87 points to close at 3,829.44.
The Junior Market ended trading with an average PE Ratio of 10.7, based on the last traded price in conjunction with earnings projected by ICInsider.com for the financial years ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Access Financial dropped $2.30 to close at $22.70 after an exchange of 2,017 shares, Blue Power advanced 20 cents in closing at $2.70, with 1,018 stocks crossing the exchange, Dolla Financial dipped 9 cents to $2.28 after trading 321,625 stock units. Elite Diagnostic fell 23 cents and ended at $1.61 in trading 10,000 units, Fontana rallied 99 cents to end at $10.99 after exchanging 9,927 units, Future Energy Source climbed 5 cents and ended at $3.30 with shareholders swapping 112,276 stocks. General Accident lost 30 cents to close at $4.55 in an exchange of 100 stock units, Honey Bun gained 7 cents to close at $6.78, with 25,000 shares crossing the market, Jamaican Teas popped 9 cents to end at $2.06 with traders dealing in 2,914 stocks. 
JFP Ltd rose 17 cents in closing at $1.58 with investors trading in 22,394 units, Knutsford Express increased $1.01 in closing at $11.25 with an exchange of 34 stock units, Lasco Financial popped 15 cents and ended at $1.90 in switching ownership of 9,903 shares. Lumber Depot advanced 17 cents to close at $1.98, with 29,182 stocks changing hands, Main Event increased $1.06 to end at $15.25 after 10,538 stock units passed through the market, MFS Capital Partners rose 10 cents to $2.20 as investors exchanged 135,372 shares. Regency Petroleum climbed 8 cents to end at $2.23 with stakeholders trading 34,738 units, Stationery and Office Supplies skidded 7 cents to $1.71 after a transfer of 165,774 shares, 
Tropical Battery fell 10 cents and ended at $1.90 with a transfer of 100,109 stocks and tTech gained 13 cents in closing at $2.48 in an exchange of just one stock unit.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market bounces on Thursday
The advanced, decline ratio was almost even at the close of the Junior Market of the Jamaica Stock Exchange on Thursday, but that did not prevent the Market Index from rallying 42.71 points to close out the day at 3,811.57, after opening with more than 90 points in the early morning session and trading ended with the volume of stocks changing hands rising 267 percent and the value 190 percent more than Wednesday, following trading in 42 securities, down from 44 on Wednesday and ending with 16 rising, 15 declining and 11 closing unchanged.
Investors traded 11,110,231 shares for $23,817,408 up from 3,026,858 units at $8,218,631 on Wednesday.
Trading averaged 264,529 shares at $567,081 compared with 68,792 units at $186,787 on Wednesday. Trading for the month to date averages 126,578 stock units at $307,407 compared with 110,748 shares at $277,609, the previous day. Trading in August closed with an average of 183,001 units at $460,354.
EduFocal led trading with 3.49 million shares for 31.5 percent of total volume followed by Jamaican Teas with 1.50 million units for 13.5 percent of the day’s trade and Jetcon Corporation with 1.03 million units for 9.2 percent of the day’s volume.
The Junior Market ended trading with an average of 10.6, based on the last traded price in conjunction with projected earnings computed by ICInsider.com for the financial years ending between November 2023 and August 2024.
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 rallied $2 to close at $25 in trading a mere 6 shares, Cargo Handlers bounced $2.90 to $16.40 after an exchange of 734 units, Dolphin Cove increased 44 cents and ended at $16.50 after an exchange of 101,912 stock units. Everything Fresh dropped 16 cents in closing at $1.32 after 15,226 stocks changed hands, Fontana declined 55 cents to $10, with 70,432 units crossing the market, Future Energy Source dipped 5 cents to end at $3.25 with a transfer of 790,345 stocks.
General Accident slipped 5 cents and ended at $4.85 with investors trading 112 stocks, Honey Bun popped 11 cents to close at $6.71 with shareholders swapping 314,857 shares, ISP Finance climbed 75 cents in closing at 52 weeks’ high of $44.95 with stakeholders exchanging 10 stock units. Knutsford Express fell $1.01 to $10.24 in switching ownership of 4,428 shares, Lasco Distributors popped 10 cents to $4.45 as investors exchanged 52,306 stocks, Lumber Depot lost 25 cents in closing at $1.81 with 418,304 units clearing the market. Main Event shed $1.31 and ended at $14.19 after an exchange of 5,868 shares, MFS Capital Partners shed 15 cents to end at a 52 weeks’ low of $2.10 after trading in 214,932 units, 
Paramount Trading lost 7 cents to close at $1.93 after a transfer of 26,357 stock units and Tropical Battery rose 10 cents and ended at $2 with traders dealing in 51,873 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
ISP Finance jumps $10.20 above $44
Thinly traded ISP Finance, surged $10.20 to one year high of $44.20, leading the 12 stocks that rose at the close of trading on the Junior Market of the Jamaica Stock Exchange Wednesday,
that was not enough to quell the negative pull of 17 other stocks that declined as the volume of stocks traded was moderately higher and the value 24 percent greater than in trading on Tuesday.
The market closed with trading in 44 securities, up from 40 on Tuesday and ended with 15 closing unchanged following those rising, and declining.
Investors traded 3,026,858 shares for $8,218,631 compared with 2,941,650 units at $6,618,990 on Tuesday.
Trading averaged 68,792 shares at $186,787 compared with 73,541 shares at $165,475 on Tuesday with the month to date, averaging 110,748 units at $277,609 compared with 116,481 stock units at $290,019 on the previous day. August closed with an average of 183,001 units at $460,354.
Future Energy Source led trading with 744,736 shares for 24.6 percent of total volume followed by JFP Ltd with 600,551 units for 19.8 percent of the day’s trade and ONE on ONE Educational with 229,220 units for 7.6 percent market share.
The Junior Market Index fell 8.68 points to end trading at 3,768.86.
The Junior Market ended trading with an average PE Ratio of 10.5 computed based on the last traded price in conjunction with earnings projected by ICInsider.com’s for financial years ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, Consolidated Bakeries popped 10 cents to end at $2.10 after an exchange of 598 shares, Dolla Financial rose 6 cents to $2.37 in an exchange of 115,682 stocks,
EduFocal increased 21 cents to $1.46 with investors trading 145,666 stocks. Express Catering rallied 35 cents to close at $4.85, with 240 units crossing the market, Fosrich advanced 11 cents in closing at $2.04 with shareholders swapping 99,691 stock units, Future Energy Source fell 10 cents and ended at $3.30, with 744,736 stock units crossing the market. ISP Finance surged $10.20 to end at a 52 weeks’ high of $44.20 after investors traded 7,716 stocks, Lasco Financial dropped 15 cents to close at a 52 weeks’ low of $1.75 and closed after 166,806 units changed hands, Lasco Manufacturing declined 8 cents and ended at $5.20 as investors exchanged 155,801 shares. Limners and Bards shed 5 cents in closing at $1.70 with an exchange of 3,535 shares, Lumber Depot gained 6 cents to close at $2.06 after trading 20,521 stock units, 
Tropical Battery slippped 6 cents in closing at $1.90 after a transfer of 109,191 stocks and tTech dipped 13 cents to $2.35 with stakeholders trading a mere 199 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Steady trading for Junior Market
Trading closed with 15 rising, 15 declining and 10 closing unchanged on the Junior Market of the Jamaica Stock Exchange on Tuesday, following an 18 percent decline in the volume of stocks traded
declining with a 25 percent lower value than Monday following trading of 40 securities the same number as Monday as the Junior Market Index inched 2.32 points higher to end at 3,777.54.
Investors traded 2,941,650 shares for just $6,618,990, from 3,594,328 units at $8,871,607 on Monday.
Trading averaged 73,541 shares at $165,475, compared to 89,858 units at $221,790 on Monday, with the month to date, averaging 116,481 shares at $290,019 compared with 122,572 stock units at $307,685 on the previous day. August closed with an average of 183,001 units at $460,354.
Derrimon Trading led trading with 712,487 shares for 24.2 percent of total volume followed by EduFocal with 480,690 units for 16.3 percent of the day’s trade and Fosrich with 276,854 units for 9.4 percent market share.
The PE Ratio, a measure of computing appropriate stock values, averages 10.4. 
The PE ratios of Junior Market stocks are computed using the last traded price in conjunction with projected earnings done by ICInsider.com’s for the financial years ending between November 2023 and August 2024.
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, Blue Power rose 11 cents to close at $2.50, with 126,017 shares changing hands, Caribbean Cream gained 51 cents in closing at $4.06, with 4,000 stocks clearing the market, Dolphin Cove shed 44 cents to end at $16.06 in an exchange of 833 stock units, EduFocal dipped 15 cents and ended at $1.25 with investors transferring 480,690 units. Express Catering slipped 35 cents to $4.50 with investors dealing in 270 stock units, Fontana fell 8 cents to $10.51 in an exchange of 48,278 units, 
Future Energy Source advanced 9 cents to close at $3.40, with investors trading 124,589 stocks, GWest Corporation increased 9 cents and ended at 97 cents, with 87 shares crossing the market. Honey Bun popped 7 cents to end at $6.60 after 2,547 shares passed through the exchange, Indies Pharma declined 15 cents in closing at $3 with stakeholders exchanging 538 stocks, Knutsford Express rallied $2.74 to close at $11.25 after 359 units passed through the market, Limners and Bards dropped 15 cents and ended at $1.75 after closing with 207,912 stock units changing hands. Lumber Depot climbed 9 cents in closing at $2 with a transfer of 6,352 stock units, Main Event skidded $1.25 to $15.50 with shareholders swapping 3,850 units, 
Medical Disposables popped 22 cents to end at $4.24 as investors exchanged 1,177 stocks and Paramount Trading rose 18 cents to end at $1.98 after a transfer of 3,033 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Main Event lead Junior Market price
Main Event climbed 65 cents or 4 percent in trading on Monday but Knutsford Express fell 26 percent or $2.99, on a day when more than 2 stocks fell for every 1 that rose on the Junior Market of the Jamaica Stock Exchange on Monday, with the volume of stocks traded declining 51 percent and the value 53 percent lower than Friday after trading in 40 securities up from 37 on Friday and ended with nine rising, 20 declining and 11 closing unchanged.
Investors traded 3,594,328 shares for $8,871,607, down from 7,272,753 units at $19,023,620 on Friday.
Trading averaged 89,858 shares at $221,790 compared to 196,561 shares at $514,152 on Friday with the month to date, averaging 122,572 units at $307,685 compared to 127,979 stock units at $321,882 on the previous trading day. August closed with an average of 183,001 units at $460,354.
Image Plus Consultants led trading with 914,138 shares for 25.4 percent of total volume followed by Dolla Financial with 735,087 units for 20.5 percent of the day’s trade and ONE on ONE Educational with 292,709 units for 8.1 percent market share.
At the close, the Junior Market Index slipped 16.66 points to finish at 3,775.22.
The PE Ratio, a measure of computing appropriate stock values, averages 10.3. The PE ratios of Junior Market stocks are computed using the last traded price in conjunction with ICInsider.com’s projected earnings for the financial years ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, AMG Packaging rose 8 cents in closing at $2.52, with an exchange of 521 shares, Caribbean Assurance Brokers fell 9 cents to $2.74 with 4,179 units crossing the market, Consolidated Bakeries fell 24 cents to close at $2.01 after 366 stock units passed through the exchange, Derrimon Trading climbed 10 cents to $1.95, with an exchange of 244,196 stocks. 
Dolla Financial skidded 17 cents to $2.31 in trading 735,087 stock units, Everything Fresh advanced 21 cents to end at $1.51 with investors dealing in 2,150 units, Fosrich lost 23 cents to close at $1.95 as investors exchanged 97,948 shares, Future Energy Source dipped 10 cents in closing at $3.31 with 226,383 stocks changing hands. Honey Bun shed 7 cents and ended at $6.53 with traders dealing in 300 stocks, JFP Ltd declined 20 cents to $1.45 after investors traded 9,337 shares, Knutsford Express fell $2.99 in closing at $8.51 with a transfer of 14,328 stock units, Lasco Financial increased 8 cents to $1.90 with an exchange of 3,160 units. Lumber Depot dipped 14 cents and ended at $1.91 with investors trading 218,565 shares, Main Event rallied 65 cents to close at $16.75 while exchanging 2,212 stock units,
Medical Disposables skidded 8 cents to end at $4.02 with 300 stocks crossing the market and Paramount Trading lost 20 cents to end at $1.80 after exchanging 5,079 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
