Trading jumped with the volume more than doubling that on Friday at the close of the Junior Market of the Jamaica Stock Exchange Monday as investors pumped 68 percent more funds into the market and traded 115 percent more in the volume of stocks traded than on Friday after trading took place in 44 securities the same as on Friday, and ending with 19 rising, 14 declining and 11 closing unchanged.
A total of 11,787,222 shares were exchanged for $27,770,919 compared to 5,480,926 units at $16,508,630 on Friday.
Trading averaged 267,891 shares at $631,157 compared to 124,567 units at $375,196 on Friday with the month to date averaging 172,775 units at $445,317 versus 162,467 stock units at $425,176 Friday, the previous day. December closed with an average of 333,420 units at $925,533.
Paramount Trading led trading with 7.39 million shares for 62.7 percent of total volume followed by Dolla Financial with 718,336 units for 6.1 percent of the day’s trade and ONE on ONE Educational with 451,581 units for 3.8 percent market share.
At the close, the Junior Market Index advanced 33.09 points to settle at 3,981.56.
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 the financial year ending that fall between November 2022 and August 2023.
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 popped 81 cents to $23 with a transfer of 16 shares, AMG Packaging lost 5 cents to close at $2.70 with an exchange of 53,966 units, Caribbean Cream shed 35 cents to end at $3.65 as investors swapped 2,100 stock units. Dolphin Cove advanced 80 cents to $14.50 after the trading of 1,509 stocks, 
Fontana gained 6 cents in ending at $9.05 in switching ownership of 50,400 shares, Fosrich dipped 5 cents to $3.70 in transferring 249,582 units. Indies Pharma fell 27 cents to close at $2.63 with an exchange of 9,749 stocks, Iron Rock Insurance rose 10 cents in closing at $2.11 with one stock unit changing hands, ISP Finance rallied $4.44 to $29 after an exchange of 109 units. Jetcon Corporation popped 5 cents to $1.10 with 111 stocks clearing the market, Knutsford Express advanced $3.25 to a 52 week’s high of $12.85 in trading 50,618 shares as investors react positively to the company’s strong rebound in profits, Lasco Financial shed 26 cents in closing at $2.58 after 30,015 stock units cleared the market. Lumber Depot lost 5 cents to finish at $2.45 with the swapping of 15,521 shares, Mailpac Group declined 7 cents to $2.03 with 61,253 units changing hands, Main Event rose 74 cents to $9.99 after a transfer of 78,619 stock units. 
MFS Capital Partners gained 16 cents to close at $2.98 with an exchange of 420,214 stocks, Spur Tree Spices rallied 11 cents to $3.01 after trading 250,700 stock units, Stationery and Office Supplies advanced 92 cents to close at $15.15 after a transfer of 6,982 units and Tropical Battery gained 5 cents to finish at $2.45 trading 49,545 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Knutsford Express leaves ICTOP10
Knutsford Express posted half year results that show revenues up 72 percent to $813 million and up 65 percent for the second quarter to $398 million and delivered profit of $59 million for the November quarter, up from just $2 million in 2021 and $143 million for the six months from $13 million in 2021, sending investors to pounce on the stock on Friday and pushing it to an intraday 52 weeks’ high of $11.60. The stock closed at $9.60 to exit the ICTOP 10 with an increase of 7 percent for the week.
With the latest results, Knutsford’s 2023 fiscal year earnings have been adjusted to $1 per share and putting the stock on target for at least $20 this year, at the close there were only a few stocks on offer for sale.
Knutsford is replaced by baking company Honey Bun coming in with a $7.20 price, with the potential for the price to move to $20 this year.
Junior Market action resulted in Paramount Trading climbing 30 percent to $1.99, ahead of second quarter results that showed continued improvement in profit as revenues climbed 50 percent in the November quarter, to $601 million and 55 percent for the half year to $1.2 billion ahead the 2021 period. Profit surged 126 percent to November quarter to $65 million and 212 percent for the half year to $149 million. Knutsford rose 7 percent to $9.60, but Iron Rock Insurance dropped 14 percent to $2.01. All other movements in the 
Junior Market TOP10 were 3 percent or less and similarly for the JSE Main Market TOP10.
At the end of the week, the average PE for the JSE Main Market TOP 10 is 5.6, well below the market average of 14.4. At the same time, the Junior Market Top 10 PE sits at 6.2 versus the market at 12.8, important indicators of the level of the undervaluation of the ICTOP10 stocks currently. The Junior Market is projected to rise by 226 percent and the Main Market TOP10, an average now of 280 percent, to May this year.
The Junior Market has 16 stocks for 34 percent of the market, with PEs from 15 to 31, averaging 19.6 compared with the above average of the market. The top half of the market has an average PE of 18 and shows the extent of potential gains for the TOP 10 stocks. The situation in the Main Market is similar, with the 19 highest valued stocks priced at a PE of 15 to 100, with an average of 31 and 23 excluding the highest valued ones and 26 for the top half excluding the highest valued stock.
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 will likely deliver the best returns up to the end of May 2023 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, resulting 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.
Junior Market closed lower, ends week higher
The Junior Market of the Jamaica Stock Exchange could not build on the solid gain on Thursday and gave back just over half of Thursday’s gains in dropping 37.78 points on Friday to close at 3,948.47, as trading picked up over Thursday and closed with a 44 percent increase in the volume of stocks traded, 
with the value rising 78 percent over Thursday after trading in 44 securities versus 48 previously and ended with prices of 15 rising, 22 declining and seven closing unchanged.
A total of 5,480,926 shares were traded for $16,508,630 compared to 3,805,407 units at $9,248,824 on Thursday.
Trading averaged 124,567 shares for $375,196 versus 79,279 units at $192,684 on Thursday with the month to date averaging 162,467 units at $425,176 compared to 167,073 stock units at $431,251 on the previous day. December closed with an average of 333,420 units at $925,533.
Fosrich led trading with 800,866 shares for 14.6 percent of total volume followed by Regency Petroleum with 701,590 units for 12.8 percent of the day’s trade and Jetcon Corporation with 653,714 units for 11.9 percent market share.
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 the financial year that ends between November last year and August 2023.
Investor’s Choice bid-offer indicator shows eight stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Access Financial shed $2.76 to end at $22.19 after exchanging 50 shares, AMG Packaging dipped 45 cents to $2.75 with the swapping of 9,225 units following the release of its first quarter results to November that showed lower profits than in 2021. Dolphin Cove shed $1.09 to close at $13.70 with 55,057 stock units changing hands. 
Express Catering rallied 44 cents to $5.44 after a transfer of 20,556 stocks, Fontana gained 9 cents in closing at $8.99 in trading 51,272 units, Fosrich popped 7 cents in ending at $3.75, with 800,866 stock units clearing the market. Honey Bun declined 40 cents to end at $7.20 in exchanging 1,501 stock units, Indies Pharma popped 24 cents in closing at $2.90 as investors switched ownership of 412 shares, Iron Rock Insurance fell 61 cents to $2.01 in transferring 16,037 shares. ISP Finance dropped $4.94 to $24.56 with 1,071 stock units changing hands, Knutsford Express lost 20 cents to end at $9.60 after crossing the market with 142,818 stocks, after the stock traded up to $11.60, an intraday 52 weeks’ high, in response to the release of six months results that showed an increase in profit, Lasco Financial rose 14 cents to $2.84 with an exchange of 1,000 units and tTech dipped 37 cents to close at $2.55 in trading 19 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market jumps back to 2022 close
Trading activity pushed the Junior Market Index solidly higher with a rise of 72.97 points to 3,986.25 on Thursday and just about wiped out the previous losses for the year to date as the index is a mere 0.19 points adrift of the 2022 closing of the Junior Market of the Jamaica Stock Exchange, with trading in 48 securities up from 42 on Wednesday and ended with 23 rising, 17 declining and eight closing unchanged.
The volume of stocks traded fell 68 percent to 3,805,407 shares from 11,745,381 units on Wednesday and exchanged for a 68 percent lower sum of $9,248,824 compared to $29,354,951 previously.
Trading averaged 79,279 shares at $192,684 against 279,652 units at $698,927 on Wednesday with the month to date, averaging 167,073 units at $431,251 compared to 180,494 stock units at $467,720 on the previous day. December closed with an average of 333,420 units at $925,533.
JFP Ltd led trading with 1.10 million shares for 28.8 percent of total volume followed by ONE on ONE Educational with 669,061 units for 17.6 percent of the day’s trade and Tropical Battery with 350,520 units for 9.2 percent market share.
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 the financial year ending that fall between November 2022 and August 2023.
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 rose 76 cents to end at $24.95 with an exchange of 15 shares, Blue Power popped 46 cents in closing at $2.98 with investors transferring 48 units, Caribbean Assurance Brokers gained 14 cents to end at $2.15 in trading 18,774 stock units. Caribbean Cream shed 59 cents ending at $4.01 after an exchange of 5,274 stocks, Caribbean Flavours popped 12 cents to close at $1.82 with a transfer of 3,835 stock units, Dolphin Cove fell 10 cents to $14.79 with the swapping of 6,506 units. 
EduFocal declined 24 cents to $2.25 after a transfer of 7,347 stocks, Express Catering lost 25 cents in closing at $5 as investors exchanged 11,771 shares, Fosrich shed 23 cents in ending at $3.68 after trading 328,617 stocks. General Accident rallied 46 cents to close at $5.07 after 307 shares passed through the market, Honey Bun rose 40 cents to $7.60 with the swapping of 1,125 units, Indies Pharma dipped 14 cents to $2.66 in exchanging 17,868 stock units. Iron Rock Insurance gained 22 cents in closing at $2.62 after investors transferred 170 shares, ISP Finance advanced $4.48 to $29.50 in switching ownership of 5,070 stock units, Knutsford Express rose 35 cents to close at $9.80 after clearing the market with 47,534 units, ahead of the release of half year results to November, reflecting a continued recovery in profit. 
Lasco Financial lost 15 cents to end at $2.70 in an exchange of 19,101 stocks, MFS Capital Partners dipped 17 cents to $2.83 in swapping 57,142 stock units, Stationery and Office Supplies declined $1.78 to end at $14.21 trading 4,914 units and tTech gained 26 cents to close at $2.92 in exchanging 4,563 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Losses for Junior Market stocks
The market Index dropped 46.69 points to 3,913.28 at the close of trading on the Junior Market of the Jamaica Stock Exchange Wednesday after declining stocks beat out those rising by a solid margin, following a 44 percent jump in the volume of stocks traded after the value climbed 31 percent over 
Tuesday following trading activity took place in 42 securities versus 46 on Tuesday and ended with prices of 15 rising, 23 declining and four unchanged.
A total of 11,745,381 shares were traded for $29,354,951 compared to 8,136,775 units at $22,350,006 on Tuesday.
Trading averaged 279,652 shares at $698,927 compared with 176,886 units at $485,870 on Tuesday, with a month to date average of 180,494 units at $467,720 versus 165,183 stock units at $432,019 on the previous day. December closed with an average of 333,420 units at $925,533.
Consolidated Bakeries led trading with 2.88 million shares for 24.5 percent of total volume followed by 
MFS Capital Partners with 1.23 million units for 10.5 percent of the day’s trade, JFP Ltd ended with 1.19 million stocks for 10.1 percent of trading, Fosrich with 1.04 million units for 8.8 percent of the market and Lasco Distributors with 1.01 million units for 8.6 percent market share.
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 the financial year ending that fall between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and five with lower offers.
At the close, Access Financial advanced $2.18 to $24.19 with a transfer of 2,063 shares, AMG Packaging lost 10 cents in closing at $3.20 in exchanging 45,510 units, Blue Power shed 47 cents to end at $2.52 with 2,696 stock units crossing the exchange. 
Cargo Handlers rallied $2.25 to $13.80 trading 15,225 stocks, Caribbean Assurance Brokers gained 11 cents to close at $2.01 after transferring 21,525 shares, Derrimon Trading popped 11 cents in closing at $2.21 with an exchange of 83,388 units. Dolphin Cove advanced $1.40 to close at $14.89 in switching ownership of 27,468 stock units, EduFocal rose 26 cents to finish at $2.49 as investors swapped 505,110 stocks, Fontana lost 10 cents to end at $8.90 trading 78,999 shares. Honey Bun dipped 57 cents to $7.20 with 6,881 stock units changing hands, iCreate lost 13 cents to close at $1.71 with investors transferring 195,374 units, Indies Pharma shed 19 cents to $2.80 in switching ownership of 39,084 stocks. Lasco Distributors dipped 17 cents to end at $2.63, with 1,005,283 stocks crossing the market, Lasco Manufacturing shed 30 cents in ending at $4 after 86,092 stock units were exchanged, Main Event popped 70 cents in closing at $9.30 after a transfer of 49,183 shares. 
MFS Capital Partners lost 14 cents to end at $3 after an exchange of 1,233,975 units, Paramount Trading gained 28 cents in ending at $1.98 after a mere one stock unit changed hands, Stationery and Office Supplies advanced 84 cents to $15.99 with 114 stock units clearing the market and tTech rallied 35 cents to close at $2.66 with the swapping of 187 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market makes big jump
The Junior Market of the Jamaica Stock Exchange made a solid gain on Tuesday that almost brought it back on level terms with the yearend close following a 43 percent rise in the volume of stocks traded after the value passing through the market jumped 66 percent over Monday trades with trading taking place in 46 securities versus 47 on Monday and ended with 20 rising, 18 declining and eight closing unchanged.
A total of 8,136,775 shares were traded for $22,350,006, up from 5,698,340 units at $13,425,978 on Monday.
Trading averaged 176,886 shares at $485,870 compared to 121,241 units at $285,659 on Monday with the month to date averaging 165,183 units at $432,019 compared to 162,801 stock units at $421,058. December closed with an average of 333,420 units at $925,533.
MFS Capital Partners led trading with 2.23 million shares for 27.4 percent of total volume followed by Dolla Financial with 1.24 million units for 15.3 percent of the day’s trade and Regency Petroleum with 868,173 units for 10.7 percent market share.
At the close, the Junior Market Index jumped 56.12 points to close at 3,959.97.
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 the financial year ending that fall between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and six with lower offers.
At the close, AMG Packaging gained 42 cents ending at $3.30 in trading 31,975 shares, Caribbean Assurance Brokers lost 26 cents to close at $1.90 with the swapping of 301,331 stock units, Caribbean Cream popped 66 cents to close at $4.65 as investors exchanged 42,188 stocks. 
Consolidated Bakeries lost 28 cents to finish at $1.96 in transferring 70,490 units, EduFocal rose 13 cents to $2.23 after an exchange of 199,042 stock units, Fontana popped 15 cents to end at $9 with investors transferring 26,731 stocks. Future Energy Source gained 10 cents in closing at $5 after trading 153,501 units, Honey Bun rose 57 cents to $7.77 with a transfer of 1,466 shares, iCreate rallied 14 cents to end at $1.84 with the swapping of 171,714 shares. ISP Finance jumped $7 to $25 in switching ownership of 19,364 units, Jamaican Teas popped 11 cents to $2.63 trading 118,793 stocks, Mailpac Group dipped 12 cents to t $2.03 after 23,735 stock units passed through the market. Main Event rallied 15 cents in closing at $8.60 in exchanging 4,530 shares, Medical Disposables gained 59 cents to finish at $5.23 with 368 units changing hands, MFS Capital Partners advanced 25 cents to $3.14 in exchanging 2,230,775 stocks. 
ONE on ONE Educational dropped 9 cents to $1.25 after clearing the market with 448,728 stock units, Paramount Trading shed 10 cents to close at $1.70 in switching ownership of 5,012 stocks and Regency Petroleum rose 8 cents in closing at $1.58 trading 868,173 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market trading slips Monday
Junior Market trading closed on the Jamaica Stock Exchange Monday with a slight dip in the volume of stocks traded after a 17 percent fall in the value compared with Friday from 47 the trading of securities up from 43 on Friday and ending with prices of 18 rising, 19 declining and 10 closing unchanged.
A total of 5,698,340 shares were traded for $13,425,978 versus 5,955,194 units at $16,230,602 on Friday.
Trading averaged 121,241 shares at $285,659 versus 138,493 units at $377,456 on Friday with the month to date averaging 162,801 units at $421,058 compared to 173,713 stock units at $456,610. Trading in December ended with an average of 333,420 units at $925,533.
JFP Ltd led trading with 1.35 million shares for 23.7 percent of total volume followed by ONE on ONE Educational with 759,824 units for 13.3 percent of the day’s trade and Tropical Battery with 668,478 units for 11.7 percent market share.
At the close, the Junior Market Index advanced a mere 3.07 points to 3,903.85.
The PE Ratio, a measure of computing appropriate stock values, averages 12.6. The PE ratios of the Junior Market incorporate ICInsider.com projected earnings for the financial year ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, Access Financial dipped $3 to $22 in exchange of 74 shares, AMG Packaging lost 17 cents after ending at $2.88 with a transfer of 1,266 stocks, Cargo Handlers shed $1.04 in closing at $11.55 after the trading of 503 units. Consolidated Bakeries gained 24 cents to end at $2.24 with the swapping of 17,597 stock units, 
Derrimon Trading lost 22 cents to close at $2.12 with 183,574 stock units changing hands, Dolphin Cove declined 57 cents to finish at $13.53 in switching ownership of 12,796 shares. EduFocal lost 10 cents to end at $2.10 in transferring 1,172 stocks, Fosrich gained 9 cents to close at $3.90 with the swapping of 255,068 units,General Accident fell 31 cents to $4.60 with investors switching ownership of 34,050 stock units. Honey Bun declined 31 cents to $7.20 after 9,398 shares passed through the market, iCreate dipped 18 cents to $1.70 with 228,400 units crossing the market, Indies Pharma shed 20 cents in closing at $3 after trading 18,144 stocks. ISP Finance gained 51 cents in ending at $18 after an exchange of 2,570 units, Knutsford Express rallied 49 cents to finish at $9.44 with 8,373 shares changing hands, Lasco Distributors rose 17 cents to close at $2.80 as investors exchanged 55,844 stock units. Lasco Manufacturing popped 32 cents to $4.29 with the transfer of 567 stocks, Main Event fell 55 cents to $8.45 trading 12,425 shares, Medical Disposables dropped 64 cents to end at $4.64 after exchanging 61 units. MFS Capital Partners gained 9 cents to close at $2.89 with the swapping of 241,252 stocks, ONE on ONE Educational popped 9 cents to $1.34 in an exchange of 759,824 stock units, Paramount Trading gained 27 cents in closing at $1.80 with a transfer of 8,021 shares. 
Spur Tree Spices dipped 7 cents to $3.02 in transferring 60,697 units, Stationery and Office Supplies dropped 85 cents to end at $15.15 with 2,672 stocks changing hands and tTech lost 45 cents to close at $2.30 after an exchange of 160 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Steady week for ICTOP10
The Jamaica Stock Exchange pulled back from the pre new year’s bounce enjoyed in the last two weeks of 2022 and still retained some of those gains as trading commenced in the new year, with activity in the ICTOP10 quite muted and resulting in no new entrant to the Top Stock list, but there were a few outstanding price movements.
Junior Market action resulted in General Accident popping 11 percent to $4.91, followed by Lasco Distributors with a 5 percent rise to $2.63, but Paramount Trading lost 23 percent to close at $1.53 in a week when only three stocks declining, with the others slipping just one percent.
In the Main Market, Guardian Holdings dropped 8 percent to $524 and Jamaica Broilers fell 4 percent to $29.61 and were the only notable price changes.
At the end of the week, the average PE for the JSE Main Market TOP 10 is 5.6, well below the market average of 14.4. At the same time, the Junior Market Top 10 PE sits at 6.1 versus the market at 12.7, important indicators of the level of the undervaluation of the ICTOP10 stocks. 
The Junior Market is projected to rise by 231 percent and the Main Market TOP10, an average now of 278 percent, to May 2023.
The Junior Market has 15 stocks, 32 percent of the market, with PEs from 15 to 32, averaging 19 compared with the above average of the market. The top half of the market has an average PE of 18 and shows the extent of potential gains for the TOP10 stocks. The situation in the Main Market is similar, with the 19 highest valued stocks priced at a PE of 15 to 100, with an average of 31 and 23 excluding the highest valued ones and 26 for the top half excluding the highest valued stock.
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 2023 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, resulting in weekly movements in and out of the lists. Revisions to earnings are ongoing, based on receipt of new information.
Look out for the 2023 TOP15 stock listing that is coming soon.
Persons who compiled this report may have an interest in securities commented on in this report.
Trading and index dips on Junior Market
The Junior Market of the Jamaica Stock Exchange closed Friday, with the Market Index falling 20.07 points to 3,900.78, with a 16 percent decline in the volume of stocks traded having an 11 percent lower value than on Thursday after trading in 43 securities versus 4 on Thursday and ended with 23 rising, 14 declining and six closing unchanged.
A total of 5,955,194 shares were traded for $16,230,602 compared to 7,085,346 units at $18,259,575 on Thursday.
Trading averaged 138,493 shares at $377,456 compared to 157,452 units at $405,768 on Thursday, with the month to date, averaging 173,713 units at $456,610 compared with 184,849 stock units at $481,636 on the previous day. December closed with an average of 333,420 units at $925,533.
MFS Capital Partners led trading with 1.89 million shares for 31.7 percent of total volume followed by Regency Petroleum with 884,185 units for 14.8 percent of the day’s trade and Dolla Financial, with 847,223 units for 14.2 percent market share.
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 the financial year that fall 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 four with lower offers.
At the close, Access Financial popped 58 cents to end at $25 as investors traded 186 shares, Caribbean Flavours dropped 10 cents to $1.72 with investors transferring 58,191 stocks, Consolidated Bakeries advanced 15 cents in ending at $2 and closed with 86,561 stock units changing hands. Derrimon Trading increased 22 cents to close at $2.34, with 29,609 units crossing the market, Dolla Financial dipped 10 cents in closing at $2.96 after the trading of 847,223 units, EduFocal rallied 12 cents to close at $2.20 in an exchange of 44,258 shares. 
Fontana lost 17 cents to end at $8.83 in switching ownership of 40,855 stock units, Fosrich fell 19 cents to $3.81, with 267,672 stocks changing hands, Honey Bun climbed 21 cents in ending at $7.51 with a transfer of 2,602 shares. iCreate gained 11 cents in closing at $1.88 trading 77,886 stocks, Iron Rock Insurance rose 37 cents to close at $2.35 as 264 stock units passed through the market, Lumber Depot increased 21 cents to end at $2.61 with an exchange of 160,503 units. Main Event popped 41 cents to $9, with 52,523 stocks crossing the market, MFS Capital Partners shed 14 cents in ending at $2.80 after exchanging 1,885,589 units, Paramount Trading declined 10 cents in closing at $1.53 while exchanging 31,032 shares. 
Stationery and Office Supplies dropped 50 cents to end at $16 in trading 6,075 stock units and tTech climbed 20 cents in closing at $2.75 after an exchange of 2,761 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
First daily gain for Junior Market in 2023
The Junior Market of the Jamaica Stock Exchange closed on Thursday with the Market Index gaining 19.61 points to end at 3,920.85 after trading levels fell with the volume of stocks traded declining 35 percent with a 32 percent drop in the value compared with that on Wednesday following trading in 45 securities up slightly from 44 on Wednesday and ended with 23 rising, 15 declining and seven closing unchanged.
A total of 7,085,346 shares were traded for $18,259,575 compared with 10,975,198 units at $26,988,194 on Wednesday.
Trading averaged 157,452 shares at $405,768 down from 249,436 units at $613,368 on Wednesday, with the month to date averaging 184,849 units at $481,636 compared with 198,397 stock units at $519,153 on the previous day. December closed with an average of 333,420 units at $925,533.
Dolla Financial led trading with 1.26 million shares for 17.8 percent of total volume followed by Tropical Battery with 1.01 million units for 14.3 percent of the day’s trade and ONE on ONE Educational with 943,103 units for 13.3 percent market share.
The PE Ratio, a measure of computing appropriate stock values, averages 12.6. The PE ratios of Junior Market stocks incorporate ICInsider.com projected earnings for the financial year 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 one stock with a lower offer.
At the close, AMG Packaging gained 19 cents to close at $3.01 in an exchange of 52 shares, CAC 2000 climbed $1.73 to $8.48 after a mere 13 stock units crossed the exchange, Caribbean Flavours advanced 10 cents in closing at $1.82 in an exchange of 31 units. Dolla Financial popped 19 cents to $3.06 with the swapping of 1,264,717 stocks, Dolphin Cove rose 10 cents to end at $14.10, with 17,316 units crossing the market, EduFocal fell 12 cents to $2.08 with a transfer of 178,521 stocks. 
Express Catering dipped 10 cents to $5.20 after an exchange of 20,181 shares, Future Energy Source lost 19 cents in ending at $4.92 as investors exchanged 326,338 stock units, General Accident dipped 17 cents to close at $4.90 in switching ownership of 100 stocks. Honey Bun rallied 10 cents to end at $7.30 after exchanging 11,486 units, iCreate gained 27 cents to $1.77 with an exchange of 466,481 stock units, Indies Pharma climbed 50 cents in closing at $3.25 as 12,306 shares passed through the market. KLE Group declined 28 cents to end at $1.71, with 641 units clearing the market, Knutsford Express increased 75 cents to $8.95, with 6,090 stocks crossing the market, Lasco Manufacturing shed 30 cents to close at $4 after a transfer of 53,088 shares. Limners and Bards popped 24 cents in closing at $2.67, with 35,572 stock units changing hands, Lumber Depot gained 10 cents to end at $2.40 with investors transferring 33,816 stocks, 
Main Event rose $1.59 to close at $8.59 trading 44,554 stock units. MFS Capital Partners advanced 13 cents to $2.94 after trading 154,025 shares, Paramount Trading dipped 17 cents to $1.63 in exchanging 9,322 units and Spur Tree Spices rallied 13 cents to $3.13 in trading 151,160 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.