The Junior Market of the Jamaica Stock Exchange rose on Tuesday, even as the volume of stocks traded declined 67 percent with 74 percent lower value than on Monday with trading in 43 securities compared with 41 on Monday and ended with prices of 17 rising, 15 declining and 11 closing unchanged.
Investors traded 3,751,282 shares for $8,192,766 compared to 11,481,147 units at $32,060,415 on Monday.
Trading averaged 87,239 shares at $190,529, compared with 280,028 shares at $781,961 on Monday, with the month to date, averaging 181,338 units at $479,205. March averaged 509,288 units at $1,071,868.
Image Plus Consultants led trading with 910,427 shares for 24.3 percent of total volume, EduFocal followed with 565,441 units for 15.1 percent of the day’s trade and ONE on ONE Educational with 491,730 units for 13.1 percent market share.
At the close, the Junior Market Index increased 34.69 points to close at 3,701.20.
The PE Ratio, a measure of computing appropriate stock values, averages 11.2.
The PE ratios of Junior Market stocks are computed using the last traded stock price in conjunction with ICInsider.com’s projected earnings for the financial years ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, AMG Packaging rose 41 cents to $3.06, with 913 shares crossing the market, Caribbean Assurance Brokers declined 10 cents to $1.90 in trading 154,979 units, Caribbean Cream fell 58 cents in closing at $3.48 as investors exchanged 2,000 stocks. Caribbean Flavours dipped 19 cents after ending at $1.06, with 30,000 stock units crossing the exchange,
Everything Fresh dropped 14 cents to $1.45 after exchanging 23,683 units, Express Catering advanced 65 cents to $5 as just 2,711 shares passed through the market. Future Energy Source gained 24 cents in closing at $4.27 after 34,284 stock units changed hands, iCreate rallied 12 cents to $1.60 after a transfer of 10,099 stocks, Indies Pharma shed 44 cents after ending at $2.86 in trading 35,342 stock units. Knutsford Express climbed $1.37 to $11.78 with a transfer of 200 shares, Lasco Distributors lost 34 cents to close at $2.38 while exchanging 10,885 units, Lasco Manufacturing fell 38 cents to end at $4.07 in switching ownership of 19,436 stocks. Limners and Bards increased 40 cents to $2.60, with 3,610 stocks crossing the market,
Lumber Depot declined 10 cents to $2.40 after an exchange of 29,000 shares and Stationery and Office Supplies popped $1.68 in closing at $15.69, with 11,005 units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
A total of 11,481,147 shares were traded for $32,060,415, down from 26,446,403 units at $79,364,016 on Friday.
At the close, Access Financial fell 94 cents to $25.05 after 20 shares crossed the market, AMG Packaging dipped 35 cents to $2.65 while exchanging 3,179 stocks, Caribbean Cream advanced 56 cents to end at $4.06, with a transfer of 4,305 units. Consolidated Bakeries lost 15 cents in closing at $2 with a transfer of 5,332 stock units, Derrimon Trading rose 12 cents to close at $2.12 in an exchange of 15,262 stocks, Dolphin Cove jumped 72 cents to $14.98 trading 19,132 shares, Everything Fresh increased 14 cents to end at $1.59 in an exchange of 19,044 units, Express Catering declined 40 cents to close at a 52 weeks’ closing low of $4.35 after hitting an intraday low of $4 with investors transferring 87,215 stock units, Future Energy Source shed 56 cents in closing at a 52 weeks’ low of $4.03, with 374,727 stock units crossing the exchange. Honey Bun rallied 25 cents to $6.70 after an exchange of 28,818 units, Image Plus Consultants climbed 17 cents to $1.97 after exchanging 1,746,560 stocks, Indies Pharma dipped 23 cents to end at $3.30 with 29,054 shares clearing the market.
Iron Rock Insurance popped 26 cents to $2.27 with an exchange of four stock units, ISP Finance declined $1.56 to $23.99, with 18,944 units changing hands, JFP Ltd dipped 20 cents to $1.75 after an exchange of 169,479 shares. Knutsford Express shed $1.83 to close at $10.41 in trading 3,941 stocks, Lasco Distributors rallied 12 cents to $2.72 as 148,729 stocks passed through the market, Limners and Bards lost 39 cents to end at $2.20 in switching ownership of 15,572 stock units. Lumber Depot rose 16 cents to $2.50 with the swapping of 9,789 shares, Mailpac Group dropped 11 cents after ending at $1.89 with 68,853 units crossing the market, Main Event advanced 24 cents to $11.90 and closed after 44,794 stock units changed hands. Regency Petroleum fell 21 cents to close at $2.23 after an exchange of 729,577 shares, Spur Tree Spices fell 36 cents in closing at $2.70 after exchanging 158,115 units,
Stationery and Office Supplies shed $1.74 after ending at $14.01 in an exchange of 241,581 stocks and Tropical Battery declined 13 cents to $1.95 after trading at a 52 weeks’ intraday low of $1.80, with 344,018 stock units being traded.
A total of 26,446,403 shares were traded for $79,364,016 compared with 30,528,396 units at $77,798,162 on Thursday.
The PE Ratio, a measure used in computing appropriate stock values, averages 11.4. The PE ratios of Junior Market stocks are computed using the last traded stock price in conjunction with ICInsider.com’s projected earnings for the financial years ending between November 2022 and August 2023.
Fontana popped 22 cents in closing at $8.40 with 53,472 shares changing hands, Future Energy Source advanced 16 cents to end at $4.59, with 689,541 stock units crossing the market, General Accident rallied 29 cents after ending at $5 with 1,761 units crossing the exchange. Honey Bun dipped 35 cents to $6.45 with an exchange of 28,472 units, Indies Pharma rose 46 cents in closing at $3.53 with a transfer of 4,882,159 stock units, Iron Rock Insurance shed 26 cents to close at $2.01 trading 5,000 stocks. Jamaican Teas popped 18 cents to close at $2.28 in an exchange of 33,330 shares, JFP Ltd advanced 10 cents in closing at $1.95 with investors transferring 5,482,938 stock units, Knutsford Express increased $1.24 to end at $12.24 while exchanging 603,480 stocks. Lasco Distributors gained 23 cents to $2.60, with 634 units crossing the market, Lasco Manufacturing climbed 11 cents after ending at $4.45, with 22,214 shares clearing the market, Limners and Bards popped 34 cents to close at $2.59 in an exchange of 261,338 stock units.
Paramount Trading shed 19 cents to close at $2.15 after 10,000 stocks were traded, Regency Petroleum rose 25 cents after ending at a record high of $2.44 with an exchange of 6,271,147 shares, Spur Tree Spices rallied 33 cents to $3.06 with 3,880,290 units changing hands. Stationery and Office Supplies advanced $1.25 in closing at $15.75 as investors exchanged 98,938 units and Tropical Battery gained 13 cents to close at $2.08 while exchanging 246,272 stocks.
Investors traded 30,528,396 shares for $77,798,162 up from 10,202,465 units at $28,165,787 on Wednesday.
At the close, the Junior Market Index gained 23.51 points to 3,701.89.
Derrimon Trading dipped 24 cents to close at a 52 weeks’ low of $1.81 after an exchange of 125,357 stocks, Dolphin Cove shed 30 cents after ending at $14.70 following an exchange of 6,316 stocks, Express Catering advanced 10 cents in closing at $5.10 with trading of 82,589 shares. Honey Bun rose 50 cents to $6.80 after a transfer of 28,453 stock units, Iron Rock Insurance climbed 18 cents to close at $2.27 after exchanging two units, ISP Finance rallied $5.55 to end at $25.55, with 4 stocks crossing the market. Jamaican Teas dropped 19 cents to $2.10 with a transfer of 606,002 shares, Knutsford Express declined 33 cents to close at $11, with 7,280 units crossing the market, Lasco Manufacturing increased 34 cents to $4.34 in an exchange of 44,885 stock units. Main Event declined 44 cents to $11.66 with 26,394 shares clearing the market, Regency Petroleum popped 10 cents after ending at $2.19 with investors transferring 2,794,741 stocks, Spur Tree Spices popped 23 cents to end
at $2.73 after 3,751,342 units crossed the exchange. Stationery and Office Supplies gained 35 cents after ending at $14.50 after 35,010 stock units passed through the market and tTech advanced 55 cents to $2.55 in switching ownership of two stocks.
Investors traded 10,202,465 shares for $28,165,787 up from 8,256,705 units at $22,347,499 on Tuesday.
The PE Ratio, a measure of computing appropriate stock values, averages 10.9. The PE ratios of Junior Market stocks are computed based on the last traded stock price in conjunction with ICInsider.com’s projected earnings for the financial years ending between November 2022 and August 2023.
Future Energy Source lost 12 cents to end at $4.35 with 497,865 shares crossing the exchange, General Accident dropped 35 cents to close at $4.70, with 5,150 stocks changing hands, ISP Finance declined $5.56 in closing at $20 after a transfer of 3,028 units. Jamaican Teas popped 13 cents to end at $2.29 with an exchange of 13,870 stock units, Knutsford Express rallied $1.33 to close at $11.33 with the swapping of 69,943 stocks, Lasco Distributors dropped 23 cents to $2.45 in an exchange of 13,792 shares. Lasco Manufacturing dipped 15 cents after ending at $4 and an exchange of 7,155 stocks, Limners and Bards lost 26 cents in closing at $2.25 after trading 6,624 shares, Main Event shed 15 cents to land at $12.10 in an exchange of 19,599 units.
MFS Capital Partners fell 14 cents to end at $3.31 as 792,425 stock units passed through the market, Paramount Trading rose 19 cents to close at $2.34 after exchanging 545 units and tTech lost 30 cents in closing at a 52 weeks’ low of $2, with 117,880 shares crossing the market.
A total of 8,256,705 shares were exchanged for $22,347,499 up from 4,366,193 units at $11,400,138 on Monday.
The PE Ratio, a measure of computing appropriate stock values, averages 10.9. The PE ratios of Junior Market stocks are computed using the last traded stock price and ICInsider.com’s projected earnings for the financial years ending between November 2022 and August 2023.
Express Catering advanced 19 cents to end at $5 in an exchange of 4,636 stock units, Fosrich declined 10 cents in closing at $2.74 after exchanging 1,879,393 stocks, Future Energy Source rose 19 cents to $4.47 in trading 376,387 stocks. GWest Corporation rallied 13 cents to $1.06 in switching ownership of 5,423 shares, Honey Bun gained 30 cents after ending at $6.30 as investors exchanged 6,202 stock units, Iron Rock Insurance rallied 9 cents to close at $2.09 after trading 4,956 units. Jamaican Teas fell 14 cents in closing at $2.16 in an exchange of 201,530 stocks, KLE Group popped 24 cents to $1.70, with 3,177 units crossing the exchange, Knutsford Express dipped 30 cents to end at $10, with 97,416 shares clearing the market. Lasco Distributors advanced 22 cents to $2.68 in trading 28,430 stock units, Limners and Bards rose 22 cents in closing at $2.51 with a transfer of 1,461,352 stock units, Lumber Depot increased 26 cents after ending at $2.40 as 268,060 stocks passed through the market. Mailpac Group gained 19 cents to close at $2 with investors transferring 558,371 shares, Main Event climbed 25 cents to end at $12.25 while exchanging 20,646 units,Medical Disposables popped 15 cents to $5, with 1,877 stocks crossing the market.
Paramount Trading fell 25 cents to end at $2.15, as 350 stock units passed through the market, Regency Petroleum rose 11 cents to close at $2.09 while exchanging 535,937 units, Spur Tree Spices climbed 10 cents after ending at $2.50 with an exchange of 153,009 shares but only after trading at an intraday 52 weeks’ low of $2.33 and Tropical Battery declined 9 cents in closing at $2 after exchanging 141,447 stock units.
A total of 4,366,193 shares were exchanged for $11,400,138 down from 6,478,077 units at $16,544,909 on Friday.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and three with lower offers.
Fosrich advanced 13 cents after ending at $2.84 while 70,990 stock units crossed the market, General Accident lost 98 cents to close at $5 after exchanging 1,487 shares, GWest Corporation fell 12 cents to end at 93 cents with 11,453 units clearing the market. Honey Bun declined 75 cents in closing at $6, with 65,084 stock units crossing the exchange, Indies Pharma rose 19 cents to $2.99 after an exchange of 8,137 stocks, ISP Finance gained $4.55 after ending at $25.56 with 400 shares being traded. Jamaican Teas climbed 15 cents to end at $2.30 in switching ownership of 71,461 units, Lasco Distributors lost 23 cents to close at $2.46, with 162,701 units crossing the market, Lasco Financial increased 13 cents to $2.50 in an exchange of 518 stocks. Lasco Manufacturing popped 10 cents in closing at $4.15 after trading 39,365 shares, Lumber Depot rallied 8 cents to $2.14 with investors transferring 23,845 stock units, Mailpac Group advanced 8 cents to end at $1.81 after a transfer of 107,962 stock units.
Main Event popped 15 cents in closing at $12 as 7,047 shares passed through the market, Regency Petroleum advanced 8 cents after ending at $1.98 with a transfer of 465,352 units and Tropical Battery increased 14 cents to close at $2.09, with 25,001 stocks crossing the market.
A total of 6,478,077 shares were traded for $16,544,909 compared with 15,501,984 units at $52,166,724 on Thursday.
The PE ratios of Junior Market stocks are computed using the last traded stock price in conjunction with ICInsider.com’s projected earnings for the financial years ending between November 2022 and August 2023.
Fontana climbed 77 cents in closing at $8.17 after 58,097 stocks crossed the exchange, General Accident rallied 99 cents to close at $5.98 in an exchange of 16,691 stock units, Honey Bun gained 49 cents to close at $6.75 in an exchange of 9,412 shares. iCreate dipped 8 cents to $1.52 after investors traded 17,856 units, Iron Rock Insurance slipped 30 cents to $2 after trading 3,000 stock units, Knutsford Express increased $1.45 to close at $10.30 as 29,957 stocks changed hands. Lasco Financial fell 13 cents to end at $2.37 with a transfer of 1,489 stocks, Lasco Manufacturing dipped 10 cents to $4.05 with the swapping of 10,560 shares, Main Event gained 28 cents in closing at $11.85 after an exchange of 21,203 stock units. Paramount Trading rose 14 cents to end at $2.38, with 54,500 units crossing the market,
Stationery and Office Supplies declined 33 cents to close at $14.17 as 14,663 units passed through the market and tTech shed 23 cents in closing at $2.30 with investors transferring 700 shares.
Investors traded 15,501,984 shares for $52,166,724, up from 9,199,758 units at $22,141,233 on Wednesday.
The PE ratios of Junior Market stocks are computed using the last traded stock price divided by ICInsider.com’s projected earnings for the financial years ending between November 2022 and August 2023.
Honey Bun increased 16 cents in closing at $6.26 after an exchange of 11,446 stocks. Indies Pharma advanced 9 cents to close at $2.80 after a transfer of 160,593 stock units, ISP Finance gained $1.01 to close at $21.01, with investors exchanging 80 units, Jamaican Teas fell 18 cents to $2.12 in an exchange of 192,340 shares. JFP Ltd rallied 8 cents to $1.68 in an exchange of 586,143 stocks, Knutsford Express lost 15 cents to end at $8.85 following 9,150 stock units passing through the market, Lasco Manufacturing declined 20 cents to $4.15 with the swapping of 6,685 shares. Main Event shed 29 cents to close at $11.57 with a transfer of 12,086 units, Medical Disposables dropped 15 cents to close at $4.85, with 5,000 shares crossing the exchange. MFS Capital Partners shed 11 cents to end at $3.41, with 564,431 stocks crossing the market,
Paramount Trading declined 15 cents in closing at $2.24 with an exchange of 100 stock units and Stationery and Office Supplies lost 50 cents after ending at $14.50, with 31,821 units changing hands.
Dolla Financial posted increased profit of $280 million or 18 cents per share from revenues of $746 million up 115 percent from profit of $130 million in 2021, with revenues up 90 percent on the $395 million in 2021. The company should go on to earn 40 cents in 2023. In the earning call, Trevene Mckenzie, the Chief Financial Officer stated that they expected first quarter revenues to come in around $250 million with profit rising at least 50 percent year over year. The company also indicates that they plan to open a second branch in Guyana in Berbice town, in the second quarter.