Lumber Depot led trading with 89.2 percent of the total volume on Friday, after an exchange of 13.8 million shares and leading to the overall volume of stocks traded surging 434 percent with the value rising 338 percent higher than on Thursday at the close of the Jamaica Stock Exchange Junior Market.
Market activity led to 38 securities trading up from 32 on Thursday and ended with 14 rising, 13 declining and 11, closed unchanged.
The Junior Market Index fell 26.93 points to settle at 3,362.23. The PE Ratio, a measure used to compute appropriate stock values, averages 14.3. The PE ratio of each stock 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 15,484,032 shares changing hands for $50,322,586 up from 2,898,249 units at $11,497,638 on Thursday. Following Lumber Depot’s big trade, Future Energy Source traded 4.6 percent of the day’s volume with 716,106 units and Dolphin Cove was next with 1.3 percent after an exchange of 208,699 shares.
Trading averaged 407,475 shares at $1,324,279 in contrast to 90,570 shares at $359,301 on Thursday and month to date, an average of 476,991 units at $1,465,352, against 483,371 units at $1,478,300 on Thursday. November closed with an average of 160,358 units at $581,730.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Access Financial fell $1.50 to close at $19.50 after trading 133 shares, Caribbean Assurance Brokers dropped 9 cents to $2.40, with 10,750 stocks crossing the market, Caribbean Cream rose 23 cents to $5.93 after an exchange of 200 stock units. Caribbean Flavours rallied 7 cents to $1.96 while exchanging 500 units, Consolidated Bakeries lost 10 cents to close at $1.25 with 149,279 stocks changing hands, Dolphin Cove shed 30 cents to close at $13.60 in an exchange of 208,699 shares. Express Catering popped 10 cents to $5.60 after 33,097 units passed through the exchange, General Accident declined 40 cents in closing at $6.30 in trading 1,174 stock units, GWest Corporation dropped 5 cents to end at 90 cents with an exchange of 1,895 stocks. 
Honey Bun shed 50 cents to end at $9.50 in owners switching 27,511 shares, iCreate gained 10 cents to end at 92 cents in trading 2,097 stock units, Jetcon Corporation declined 11 cents to close at 91 cents with 3,200 units clearing the market. Knutsford Express climbed 38 cents to $7.38, with 50 stock units changing hands, Lasco Distributors rallied 18 cents to $3.28 in exchanging 16,614 units, Lumber Depot spiked 15 cents to $3.24 after an exchange of 13,810,756 stocks. Medical Disposables fell 69 cents to $6 with the swapping of 38,500 shares, Paramount Trading advanced 5 cents in closing at $1.30 after exchanging 19,943 units, SSL Venture climbed 16 cents to close at 96 cents, with 11,890 shares clearing the market and tTech gained 28 cents to close at $4.78 in trading 50 stock units.
In the preference segment, CAC 2000 9.5% preference share increased 6 cents to end at 99 cents with an exchange of 7,201 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Juniors consolidating
Trading closed on Thursday with the volume of stocks traded declining 51 percent and the value dropping 31 percent compared to Wednesday at the close of the Jamaica Stock Exchange Junior Market as stocks declining just edged out those gaining resulting in a modest rise in the market index.
Market activity led to 32 securities trading versus 33 on Wednesday and ended with 11 rising, 12 falling and nine closing unchanged.
The Junior Market Index rallied 9.34 points to settle at 3,389.16. The PE Ratio, a measure used to compute appropriate stock values, averages 14.3. The PE ratio of each stock, shown in the chart below, is based on ICInsider.com earnings forecast for companies with their financial year ending up to August 2022.
A total of 2,898,249 shares traded for $11,497,638 down from 5,922,689j units at $16,583,474 on Wednesday. Lumber Depot led trading with 19.6 percent of total volume in exchanging 567,681 shares followed by Future Energy Source 18.6 percent with 539,931 units and Caribbean Assurance Brokers 11.7 percent after trading 337,995 units.
Trading averaged 90,570 shares at $359,301 compared to 179,475 shares at $502,530 on Wednesday and month to date, averaging 483,371 units at $1,478,300 versus 516,276 units at $1,572,039 on Wednesday. 
November closed with an average of 160,358 units at $581,730.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Blue Power fell 34 cents to $3.20 in an exchange of 10,512 shares, CAC 2000 lost 31 cents in ending at $7.50 with 500 stock units crossing the market, Cargo Handlers rose 80 cents to $7.30 in exchanging 4,000 units. Caribbean Assurance Brokers gained 17 cents in closing at $2.49 with a transfer of 337,995 stocks, Caribbean Flavours lost 7 cents to end at $1.89 after trading 75,000 stock units, Dolphin Cove popped 25 cents to settle at $13.90 with the swapping of 291,752 shares. Express Catering added 5 cents to end at $5.50 in switching ownership of 118,000 units, Fosrich gained 9 cents to close at $8.60 after exchanging 5,483 stocks, Honey Bun rose 20 cents in closing at $10 with 9,656 shares changing hands. Jamaican Teas slipped 5 cents to $3.91 in transferring 110,532 stock units, Jetcon Corporation advanced 22 cents to $1.02 in trading 25 units, KLE Group fell 47 cents to $1.50 with the swapping of 46,998 stocks. 
Knutsford Express shed 64 cents to end at $7 with 3,614 units changing hands, Limners and Bards fell 8 cents to $3.64 in switching ownership of 65,623 stock units and Main Event rallied 10 cents to close at $4 with 5,153 shares clearing the market.
In the preference segment, CAC 2000 9.5% preference share lost 6 cents to end at 93 cents with 3,175 units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Consolidation for Junior Market
The Jamaica Stock Exchange Junior Market index inched a few points higher on Wednesday, with the volume of stocks traded declining 32 percent and the value dropping 63 percent from Tuesday trades.
A total of 33 securities traded against 34 on Tuesday, with 10 rising, 15 declining and eight ending unchanged. The Junior Market Index popped just 1.74 points to 3,379.82.
The PE Ratio, a measure used to compute appropriate stock values, averages 4.3. The PE ratios in the chart below are based on ICInsider.com’s earnings forecast for companies with their financial year ending up to August 2022.
Trading moved 5,922,689 shares at $16,583,474 down from 8,682,115 units at $44,268,853 on Tuesday. Lumber Depot led trading with 2.9 million shares for 49 percent of total volume followed by iCreate with 719,280 units for 12.1 percent of the day’s trade and Tropical Battery 675,049 shares for 11.4 percent of the overall volume.
Trading averaged 179,475 shares at $502,530 versus 255,356 shares at $1,302,025 on Tuesday and month to date, averaging 516,276 units at $1,572,065, against 548,123 units at $1,673,196 on Tuesday. November closed with an average of 160,358 units at $581,730.
Investor’s Choice bid-offer indicator shows seven stocks ended with bids higher than their last selling prices and one stock with a lower offer.
At the close, Access Financial climbed $1.50 to $21 after trading 133 shares, Blue Power rose 24 cents to end at $3.54 in switching ownership of 81 units, Caribbean Assurance Brokers slipped 8 cents to $2.32 with an exchange of 79,082 stock units. Caribbean Flavours rose 6 cents to $1.96 after trading 2,251 stocks, Consolidated Bakeries poped 12 cents to $1.35, with 31,000 shares changing hands, Dolphin Cove shed 10 cents to close at $13.65 while exchanging 30,943 units. Everything Fresh popped 12 cents in ending at 97 cents with the swapping of 4,825 stocks, Express Catering declined 25 cents to close at $5.45, 42,647 stock units crossing the exchange, Fosrich dropped 44 cents in closing at $8.51 after 5,558 units crossed the market. Honey Bun rallied 42 cents to $9.80 with 11,364 stock units clearing the market, Jetcon Corporation fell 15 cents to 80 cents after 33,517 stocks changed hands, Knutsford Express fell 33 cents to $7.64 in an exchange of 54 shares.
Lasco Distributors declined 33 cents to $3.10 after trading 17,450 units, Lasco Manufacturing shed 11 cents to close at $4.75, with 10,000 stocks crossing the market, Lumber Depot lost 36 cents to end at $3.11 after an exchange of 2,901,363 shares. Mailpac Group climbed 11 cents to $3.44 in an exchange of 118,122 stock units, Paramount Trading dropped 5 cents to $1.25 in trading 660 stock units and SSL Venture Capital declined 16 cents to close at 80 cents while exchanging 20,201 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Big pickup in Junior Market trading
Trading surged sharply on Monday with the volume of stocks changing hands jumping 77 percent with the value 175 percent higher than on Tuesday at the close of the Jamaica Stock Exchange Junior Market.
Market activity led to 34 securities trading down from 35 on Monday and ended with 14 rising, 14 declining and six, closing unchanged.
At the close, the Junior Market Index popped 5.10 points to settle at 3,378.08. The PE Ratio, a measure used to compute appropriate stock values, averages 14.4. 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.
A total of 8,682,115 shares traded for $44,268,853 against 4,900,401 units at $16,065,065 on Monday. Honey Bun led trading with 3.16 million shares for 36.4 percent of total volume followed by Lumber Depot with 1.34 million units for 15.4 percent and Tropical Battery with 1.04 million units for 11.9 percent market share.
Trading averaged 255,356 shares at $1,302,025 in contrast to 140,011 shares at $459,002 on Monday and month to date, averaging 548,123 units at $1,673,167, compared to 579,723 units at $1,713,227 on Monday. November closed with an average of 160,358 units at $581,730.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and two stocks with lower offers.
At the close, Blue Power lost 24 cents to $3.30 after exchanging 30,000 shares, Cargo Handlers shed $1.48 to close at $6.50 with the swapping of 4,723 units after the stock dropped to a 52 weeks’ intraday low of $5.60. Caribbean Assurance Brokers lost 30 cents ending at $2.40 with 141,350 stocks traded. Dolphin Cove spiked 25 cents in closing at $13.75 with 7,840 stock units changing hands, Elite Diagnostic rose 50 cents to end at $3 with 200 stocks crossing the market, Everything Fresh dipped 13 cents ending at 85 cents after exchanging 65,400 shares. Express Catering gained 10 cents to close at $5.70 in switching ownership of 60,772 stocks, Fontana lost 9 cents to end at $7.10 in transferring 37,066 shares, General Accident lost 5 cents in closing at $6.70 with 8,824 stocks changing hands. iCreate gained 10 cents to 85 cents in switching ownership of 567,347 shares, Iron Rock Insurance lost 7 cents to $3.58 with 10,556 stock units clearing the market, Jamaican Teas gained 10 cents in closing at $3.94 with the swapping of 222,408 units. 
Jetcon Corporation declined 6 cents to close at 95 cents after crossing the market with 181,616 stock units, Limners and Bards rose 20 cents to $3.75 in an exchange of 159,648 shares, Lumber Depot rallied 21 cents to end at $3.47 with 1,339,930 stocks crossing the exchange. Medical Disposables popped 14 cents to close at $6.69 in exchanging 21,016 units and Stationery and Office Supplies rose 20 cents in closing at $5.80 in trading 2,000 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market rebounds to open week
Rising stocks outclassed declining ones leading to a spirited market rally as trading ended Monday, with the volume of stocks exchanged rising after investors transferred 31 percent more units, with the value rising by 14 percent from Friday levels on the Jamaica Stock Exchange Junior Market.
At the close, 35 securities traded down from 37 on Friday and ended with 19 rising, 12 declining and four unchanged. The Junior Market Index rallied 34.96 points to 3,372.98.
The PE Ratio averages 14.4. The PE ratio of each stock is shown in the chart below and is based on earnings forecasted by ICInsider.com for companies with their financial year ending up to August 2022.
Trading ended with 4,900,401 shares changing hands for $16,065,065 from 3,742,069 units at $14,045,897 on Friday. Lumber Depot led trading with 2.05 million shares for 41.8 percent of total volume Consolidated Bakeries followed with 461,616 units for 9.4 percent of the day’s trade and Future Energy Source with 421,466 units for 8.6 percent.
Trading averaged 140,011 shares at $459,002 up from 101,137 shares at $379,619 on Friday, with month to date, averaging 579,723 units at $1,713,227, compared to 634,687 units at $1,870,005 on Friday. November closed with an average of 160,358 units at $581,730.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and seven stocks with lower offers.
At the close, AMG Packaging declined by 7 cents to finish at $2 with an exchange of 3,000 shares, Blue Power gained 24 cents to end at $3.54 with a transfer of 10 stock units, Caribbean Assurance Brokers rallied 10 cents to settle at $2.70 with 12,213 stock units traded. Caribbean Cream fell 10 cents to $5.70 with investors switching ownership of 101,75 units, Caribbean Flavours rose 10 cents to $1.90 with 22,670 shares changing hands, Elite Diagnostic shed 50 cents to close at $2.50 with an exchange of 4,347 units. Express Catering dropped 15 cents to $5.60 with a transfer of 59,422 stock units, Fontana lost 6 cents to end at $7.19 with 26,788 stocks crossing the market, Fosrich jumped 46 cents to $8.95 with 65,724 units traded. General Accident climbed 35 cents to $6.75 with 17,428 stocks changing hands, Honey Bun advanced 40 cents to $9.42 with an exchange of 9,885 stock units, iCreate fell 6 cents to 75 cents with an exchange of 28,000 shares. Indies Pharma rose 5 cents to $3.05 with a transfer of 5,434 shares, Jamaican Teas advanced 9 cents to $3.84 with 255,894 stock units traded, Jetcon Corporation rallied 11 cents to $1.01 with investors switching ownership of 72,913 units. 
Knutsford Express jumped 47 cents to $7.97 with 564 stocks changing hands, Lasco Distributors climbed 43 cents to $3.44 with an exchange of 23,468 shares, Lasco Manufacturing advanced 10 cents to $4.85 with 2,682 units crossing the market. Limners and Bards rose 5 cents to $3.55 with 36,237 stocks traded, Main Event popped 10 cents to $3.91 with 34,661 stock units changing hands, Medical Disposables jumped 55 cents to $6.55 with a transfer of 2,005 stocks and Paramount Trading gained 13 cents to close at $1.32 with 8,000 units crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Honey Bun in General Accident exits ICTOP10
General Accident rose 7 percent to close at $6.40 and slipped out of the TOP 10 while Honey Bun jumped into the Junior Market top 10, while Main Market stocks were pretty steady with movements not exceeding 2 percent for the week in a week when Main Market indices closed the week higher than it started with the Junior Market slipping from the start of the week.
Notable TOP10 movers this week are; AMG Packaging rose 9 percent in closing at $2.07 from $1.90 at the previous week’s close and Lumber Depot rose 18 percent to $3.25. Medical Disposables lost 5 percent of its value to close the week at $6 and Caribbean Assurance Brokers dived 13 percent to $2.60.
The top three Main Market stocks remained unchanged at the close of the week, with Guardian Holdings still in the lead, followed by Caribbean Producers and JMMB Group, projected to gain between 213 to 253 percent, as was the case last week.
The Junior Market top three stocks changed a bit during the week, with AMG Packaging leading, followed by Caribbean Assurance Brokers, with Access Financial Services moving from second spot to third position. All three can gain between 167 and 238 versus 162 percent and 268 percent previously.
The average gains projected for the TOP 10 Junior Market stocks moved from 142 percent last week to 150 percent and Main Market stocks moved from 157 percent to this weeks’ 159 percent.
The Junior Market closed the week with an average PE of 14.1 based on ICInsider.com’s 2021-22 earnings and currently well below the target of 20 and the average of 17 at the end of March this year based on 2020 earnings. The TOP 10 stocks trade at a PE of a mere 8.1, with a 42 percent discount to that market’s average PE.
The Junior Market can gain 42 percent to March next year, based on an average PE of 20 and 21 percent based on an average PE of 17. Ten stocks representing 25 percent of all Junior Market stocks with positive earnings are trading at or above this level, down from seven last week, indicating that many others will rise towards the 17 mark in the weeks ahead.
The average PE for the JSE Main Market is 15.8, which is 20 percent less than the PE of 19 at the end of March and 27 percent below the target of 20 to March 2022. The Main Market TOP 10 average PE is 8, representing a 51 percent discount to the market and well below the potential of 20. A total of 17 stocks or 36 percent of the market trade at or above a PE of 19, with most over 20, for an average roundabout 25, suggesting that the accepted multiple is between 20 and 25 times the current year’s earnings.
ICTOP10 focuses on likely yearly winners, accordingly, the list may or may not include the best companies in the market. 
ICInsider.com ranks stocks based on projected earnings to highlight winners from the rest, allowing investors to focus on potential winning stocks and helping to remove emotional attachments to stocks that often result in costly mistakes.
IC TOP10 stocks are likely to deliver the best returns up to March 2022 and ranked in order of potential gains, based on the possible increase for each company, considering the earnings and PE ratios 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 per share 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 suffers losses on Friday
Trading closed on Friday, with the volume of stocks traded declining 54 percent, with the value slipping 50 percent lower than on Thursday at the close of the Jamaica Stock Exchange Junior Market.
Market activity led to 37 securities trading versus 36 on Thursday and ended with 13 rising, 16 declining and eight unchanged. The Junior Market Index declined 14.88 points to close at 3,338.02. The PE Ratio, a measure used to compute appropriate stock values, averages 14.1. The PE ratio of each stock shown in the chart below is based on ICInsider.com earnings forecasts for companies whose financial year ends up to August 2022.
A total of 3,742,069 shares traded for $14,045,897 down from 8,141,189 units at $28,315,428 on Thursday. Lumber Depot led trading with 870,161 shares for 23.3 percent of total volume, followed by Future Energy Source 719,694 units for 19.2 percent of the day’s trade and Honey Bun with 296,852 units for 7.9 percent market share.
Trading averaged 101,137 shares at $379,619 in contrast to 226,144 shares at $786,540 on Thursday and month to date, averaging 634,687 units at $1,870,005, compared to 715,927 units at $2,096,936 on Thursday. November closed with an average of 160,358 units at $581,730.
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 shed 50 cents to end at $19.50 after an exchange of 7,434 shares, AMG Packaging rose 7 cents to $2.07, trading 20,000 stock units, Cargo Handlers increased 93 cents to $7.98 with an exchange of 6,139 stocks. Caribbean Assurance Brokers declined 10 cents to close at $2.60 in trading 76,750 units, Caribbean Cream climbed 30 cents to $5.80 with 500 units changing hands, Caribbean Flavours lost 10 cents in closing at $1.80 after trading 26,852 stocks. Consolidated Bakeries fell 9 cents to $1.26 in switching ownership of 4,429 shares, Dolphin Cove rallied 5 cents to $13.50 119,898 stock units changing hands, Elite Diagnostic gained 15 cents to close at $3, with 16,329 stocks clearing the market. Everything Fresh popped 7 cents to end at $1, with 100,072 stock units crossing the market, General Accident dropped 20 cents to $6.40 with the swapping of 117,475 shares, Honey Bun shed 28 cents in closing at $9.02, with 296,852 units crossing the market. 
Jetcon Corporation dropped 10 cents to close at 90 cents after exchanging 134,036 stocks, KLE Group fell 33 cents to $1.97 after trading 16,100 shares, Knutsford Express lost 47 cents to $7.50 after trading 4,972 stock units. Limners and Bards advanced 8 cents to $3.50 while exchanging 38,896 units, Medical Disposables declined 45 cents to $6 in trading 10,000 stocks, Paramount Trading dropped 11 cents to close at $1.19 after trading 46,000 units. Stationery and Office Supplies lost 40 cents after ending at $5.60 with an exchange of 11,220 stock units and tTech spiked 48 cents to $4.50 in trading 2,000 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market trading picks up
Investors pumped 31 percent more money into trading on Thursday, but the volume of stocks traded rose by just 18 percent, over trading on Wednesday, resulting in an almost even spread between rising and falling Jamaica Stock Exchange Junior Market stocks.
Thirty-six securities traded up from 31 on Wednesday and ended with 14 rising, 15 declining and seven closing unchanged. At the close, the Junior Market Index dipped 13.55 points to 3,352.90.
The PE Ratio, a measure used to compute appropriate stock values, averages 14.2. The PE ratio of each stock, shown in the chart below, is based on earnings forecasted by ICInsider.com for companies whose financial year ends up to August 2022.
A total of 8,141,189 shares traded for $28,315,428 compared to 6,875,413 units at $21,664,369 on Wednesday. Mailpac Group led trading with 65.5 percent of total volume for 5.34 million shares, followed by Caribbean Assurance Brokers with 5.4 percent for 437,313 units and Future Energy Source with 5.2 percent with 422,554 units traded.
Trading averaged 226,144 shares at $786,540 in contrast to 221,788 shares at $698,851 on Wednesday and month to date, averaging 715,927 units at $2,096,977, against 801,106 units at $2,324,831 on Wednesday. November closed with an average of 160,358 units at $581,730.
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, AMG Packaging rose 15 cents to $2 with 54,556 shares changing hands, Cargo Handlers gained 5 cents to close at $7.05 in swapping 4,498 units, Caribbean Assurance Brokers advanced 30 cents to end at $2.70 after trading 437,313 stocks. Caribbean Cream fell 34 cents to $5.50 with 2,204 stock units crossing the exchange, Consolidated Bakeries lost 5 cents to settle at $1.35 in exchanging 105,063 units, Dolphin Cove spiked 35 cents to $13.45 with 144,316 stock units clearing the market. Elite Diagnostic shed 20 cents to $2.85 after an exchange of 7,243 stocks, Everything Fresh lost 5 cents to close at 93 cents with a transfer of 12,034 shares, Express Catering rallied 8 cents to $5.75 after an exchange of 193,895 stock units. Fontana picked up 5 cents to finish at $7.25 with the swapping of 111,048 units, General Accident gained 10 cents in closing at $6.60 trading 132,744 stocks, Honey Bun fell 28 cents to $9.30 after exchanging 11,091 shares.
iCreate popped 5 cents to close at 80 cents in trading 81,645 stock units, Indies Pharma slipped 5 cents to $3 with the swapping of 3,116 stocks, Iron Rock Insurance gained 7 cents to finish at $3.65 with 27,035 units changing hands. Jamaican Teas fell 10 cents to $3.79 after 66,006 shares cleared the market, Lasco Manufacturing declined 11 cents to $4.75 in exchanging 49,539 stock units, Limners and Bards gained 6 cents to close at $3.42 in switching ownership of 34,991 units. Main Event shed 30 cents to $3.80 in transferring 400 shares and Medical Disposables lost 5 cents to end at $6.45 after 28,061 stocks changed hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market continues to consolidate
Trading picked up on Wednesday, with the volume of stocks traded jumping 164 percent, with the value spiking 150 percent higher than on Tuesday as the market squeezed out modest gains in the index on Wednesday on the Jamaica Stock Exchange Junior Market as the market continues in a consolidation mode.
Just 31 securities traded compared to 34 on Tuesday and ended with 14 rising, 11 declining, and six ending unchanged.
At the close, the Junior Market Index climbed 6.48 points to settle at 3,366.45. The PE Ratio, a measure used to compute appropriate stock values, averages 14.2. The PE ratio of each stock is shown in the chart below, is based on ICInsider.com earnings forecasts for companies with their financial year ending up to August 2022.
Trading ended on Wednesday, with 6,875,413 shares changing hands for $21,664,369, up from 2,607,012 units at $8,672,047 on Tuesday. Mailpac Group led trading with 5.17 million shares accounting for 75.3 percent of total volume, followed by AMG Packaging with 284,383 units for 4.1 percent of the day’s trade and Lumber Depot with 242,672 units for 3.5 percent market share.
Trading on Wednesday averaged 221,788 shares at $698,851 versus 76,677 units at $255,060 on Tuesday and month to date, an average of 801,106 units at $2,324,831, compared to 903,146 units at $2,611,225 on Tuesday. November closed with an average of 160,358 units at $581,730.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, AMG Packaging fell 5 cents to $1.85 in exchanging 284,383 shares, Cargo Handlers shed 98 cents in closing at $7 in an exchange of 4,921 stock units, Caribbean Assurance Brokers dropped 42 cents to close at $2.40 after trading 147,753 stocks. Consolidated Bakeries rose 17 cents to $1.40 with 200,000 units changing hands, Derrimon Trading increased 6 cents to $2.33, with 46,534 units crossing the market, Dolphin Cove climbed 45 cents to $13.10 in exchanging 47,451 shares. Elite Diagnostic rallied 5 cents to close at $3.05 after trading 17,054 stocks, Fontana popped 5 cents in closing at $7.20 while exchanging 13,665 stock units, General Accident climbed $1.10 to $6.50, with 27,392 shares crossing the market. 
Honey Bun advanced 23 cents to $9.58, with the swapping of 655 stock units, iCreate dropped 10 cents in ending at 75 cents with an exchange of 136,604 units, Lasco Distributors fell 10 cents to end at $3.02 in trading 18,633 stocks. Lumber Depot gained 11 cents to $3.21, with 242,672 shares changing hands, Mailpac Group rose 13 cents to $3.38, with 5,174,467 stocks crossing the exchange, Medical Disposables dropped 20 cents in closing at $6.50 after trading 8,180 stock units. Stationery and Office Supplies declined 65 cents to end at $5.61, with 70 units clearing the market and Tropical Battery shed 7 cents to close at $1.25 in switching ownership of 62,000 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Juniors claw back recent losses
Trading closed on Tuesday, with the volume and value of stocks trading down 60 percent, respectively, from Monday levels on the Jamaica Stock Exchange Junior Market. Market activity led to advancing stocks just edged out by decliners. Yet, the market index ended the day with a robust gain that reverses the majority of the losses of the previous three days.
Market activity led to 34 securities trading as was the case on Monday and ended with ten rising, 11 declining and 13, closing unchanged. The Junior Market Index increased 39.13 points to settle at 3,359.97.
The PE Ratio, a measure used to compute appropriate stock values, averages 14.3. 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 2,607,012 shares changing hands for $8,672,047 compared to 6,562,086 units at $21,893,075 on Monday. Lumber Depot led trading with 943,890 shares for 36.2 percent of total volume, followed by Jamaican Teas with 587,549 units for 22.5 percent of the day’s trade and Future Energy Source with 282,965 units for 10.9 percent market share.
Trading averaged 76,677 shares at $255,060 down from 193,003 shares at $643,914 on Monday and trading month to date, ended with an average of 903,146 units at $2,611,225, down from 1,101,032 units at $3,175,499 on Monday. November closed with an average of 160,358 units at $581,730.
Investor’s Choice bid-offer indicator shows five stocks ended, with bids higher than their last selling prices and three with lower offers.
At the close, CAC 2000 rose 71 cents to $7.81 while exchanging 500 shares, Caribbean Assurance Brokers spiked 21 cents to $2.82 in exchanging 32,726 stock units, Caribbean Cream gained 4 cents in closing at $5.84 after trading 1,467 stocks. Consolidated Bakeries dropped 27 cents to close at $1.23, trading 20,000 units, Dolphin Cove increased 15 cents to end at $12.65, with 24,374 units clearing the market, Elite Diagnostic lost 10 cents in ending at $3 in an exchange of 10,000 stock units. Fontana shed 9 cents to end at $7.15, with 41,534 stocks changing hands, General Accident declined 73 cents to $5.40, with 12,153 shares crossing the exchange, Honey Bun fell 35 cents to $9.35 after 6,160 shares changed hands. 
Jamaican Teas advanced 22 cents to close at $3.89 after exchanging 587,549 units. Lasco Financial shed 6 cents to $3.06, with 16,085 stock units crossing the market. Lasco Manufacturing popped 6 cents to end at $4.86 after trading 60,072 stocks. Lumber Depot lost 22 cents to close at $3.10 with an exchange of 943,890 shares, Mailpac Group rallied 13 cents in closing at $3.25, with 225,230 stocks crossing the exchange, Paramount Trading climbed 5 cents to $1.30 with the swapping of 5,000 units and Stationery and Office Supplies spiked 66 cents to close at $6.26 in switching ownership of 693 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
