Trading climbed on the Junior Market of the Jamaica Stock Exchange on Thursday, with the volume of stocks traded rising 45 percent and the value 18 percent more than on Wednesday, as 43 securities were exchanged, the same as Wednesday and ended with 21 rising, 19 declining and three closing unchanged.
At the close, the Junior Market Index eked a mere gain of 6.05 points to close at 4,333.05.
The PE Ratio, a measure of computing appropriate stock values, averages 13.2. The PE ratios of Junior Market stocks incorporate ICInsider.com projected earnings for companies with financial year end that falls between November this year and August 2023.
A total of 11,834,174 shares were traded for $39,877,832, compared to 8,163,412 units at $33,704,615 on Wednesday. Trading averaged 275,213 shares at $927,391 comapred to 189,847 shares at $783,828 on Wednesday, with a month to date, average of 782,850 units at $4,210,480 compared to 839,993 units at $4,580,042 on the prior trading day. June closed with an average of 429,016 units at $1,630,104.
Dolla Financial led trading with 3.79 million shares for 32 percent of total volume, followed by Jamaican Teas with 1.92 million units for 16.3 percent of the day’s trade and Spur Tree Spices with 821,991 units for 6.9 percent market share.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Access Financial climbed $1.88 to $23.24 with 90 shares crossing the exchange, AMG Packaging climbed 64 cents in closing at $4.90 in trading 3,787 units, Blue Power increased 24 cents to close at $3.65, with 25 stock units crossing the market. Caribbean Cream advanced 16 cents to end at $4.85 in exchanging 16,522 stocks, Dolla Financial popped 12 cents to $2.90 with the swapping of 3,785,953 stock units, Dolphin Cove declined 13 cents to end at $15.85, with an exchange of 5,897 stocks. EduFocal shed 10 cents to $2.41 in switching ownership of 244,504 units, Express Catering rose 19 cents in closing at $6.09 after exchanging 56,350 shares, Fontana rallied 15 cents to close at $10.15, with 27,238 stocks changing hands. Fosrich fell 73 cents to $36.45 after finishing trading 77,059 shares, General Accident dropped 15 cents to close at $6, with 8,060 stock units clearing the market, iCreate gained 20 cents to end at $4.20 while exchanging 668,005 units. Indies Pharma lost 20 cents to $3.07rafter 2,265 stocks crossed the market, ISP Finance rallied 50 cents in closing at closing in trading 8 stock units, Jamaican Teas dropped 14 cents in closing at a 52 weeks’ low $2.83 in an exchange of 1,924,906 units, after it hit an intraday low of $2.50.
KLE Group shed 19 cents to $2.01 after trading 1,000 shares, Knutsford Express popped 10 cents to close at $7.35 after exchanging 2,300 shares, Lasco Financial lost 23 cents in closing at $2.84 in an exchange of 4,840 units. Mailpac Group fell 11 cents to end at $2.59 in exchanging 403,758 stocks and Stationery and Office Supplies climbed 40 cents to $13.75, with 15,830 stock units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
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 companies with financial year end that falls between November this year and August 2023.
selling prices and three with lower offers.
Knutsford Express fell 69 cents to close at $7.25 after exchanging 487 shares, Lasco Distributors dropped 27 cents in closing at $3.10 and clearing the market of 1,431,748 units, Lasco Manufacturing declined 20 cents to end at $4.50 in switching ownership of 114,739 stocks. Main Event gained 40 cents to close at $8, with 9,314 stock units crossing the market and Stationery and Office Supplies rallied 35 cents in closing at $13.35 in exchanging 21,866 stock units.
At the close, the Junior Market Index rose 43.10 points to settle at 4,400.38.
Future Energy Source led trading with 2.99 million shares for 29 percent of total volume, followed by Dolla Financial with 2.80 million units for 27.1 percent of the day’s trade and Limners and Bards with 1.23 million units for 11.9 percent market share.
Lasco Financial increased 29 cents to $3.07, with 16,304 units crossing the market, Limners and Bards rallied 30 cents to $3.20 with an exchange of 1,227,350 shares, Main Event dropped 35 cents in closing at $7.60 after 10,025 stock units changed hands. Medical Disposables climbed 24 cents to close at $7.09 in an exchange of 18,290 stock units, Paramount Trading popped 18 cents after ending at $1.89 while exchanging 829 shares and Stationery and Office Supplies shed 10 cents to end at $13, with 38,727 stocks crossing the market.
A total of 8,095,169 shares were traded for $27,277,515 versus 7,385,835 units at $32,179,005 on Friday. Trading averaged 179,893 shares at $606,167 in contrast to 184,646 shares at $804,475 on Friday, with month to date, averaging 1,014,712 units at $5,606,327 compared to 1,163,198 units at $6,495,684 on the previous trading day. June closed with an average of 429,016 units at $1,630,104.
At the close, AMG Packaging shed 25 cents to $4 and closed with 17,094 shares changing hands, Cargo Handlers gained 55 cents to close at $13.50 with an exchange of 14,831 stocks, Caribbean Flavours declined 12 cents in ending at $1.83 while exchanging 1,104 stock units. Dolphin Cove dropped 40 cents in closing at $16 after an exchange of 4,950 units, EduFocal lost 13 cents to end at $2.55, with 701,324 shares crossing the market, Elite Diagnostic fell 15 cents to end at $3.55 in exchanging 111,590 stock units. Express Catering dropped 63 cents to close at $5.51 after trading 3,020 stocks, Fontana shed 15 cents to $10.30, with 118,398 units crossing the exchange, Fosrich lost 10 cents in ending at $35.90 after 47,266 units crossed the market. Future Energy Source climbed 17 cents in closing at $6.07 in trading 376,019 stock units, GWest Corporation advanced 11 cents to end at $1.16 as 263,717 shares changed hands, iCreate popped 10 cents to $4.20 in an exchange of 505,955 stocks. Iron Rock Insurance fell 33 cents in ending at $2.96, with 600 units clearing the market, ISP Finance jumped $5.47 with the swapping of 500 shares to close at $22.50, Knutsford Express rallied 84 cents to $7.94 trading 5,095 stock units. 
Lasco Financial declined 27 cents to $2.78 in switching ownership of 700,800 stocks, Main Event increased 45 cents ending at $7.95, with 52,243 stock units changing hands, Medical Disposables rallied 10 cents in closing at $6.85 while exchanging 5,300 shares. Paramount Trading lost 19 cents to $1.71 in trading 23,224 stocks, SSL Venture declined 50 cents to end at $3, after 307,629 units crossed the market, Stationery and Office Supplies popped 10 cents to $13.10 after exchanging 33,866 shares and tTech fell 29 cents in closing at $3.01 and closed after 41,511 stock units passed through the market.
In the Junior Market, Caribbean Cream climbed 16 percent to $4.66, followed by an 11 percent rise for Access Financial, while Lasco Distributors rose 7 percent to $3.43 and Elite Diagnostic gained 6 percent to close at $3.70. The Main Market saw Key Insurance jumping 23 percent to $4.17. 
Keep a careful watch on AMG Packaging, Dolphin Cove, Express Catering, General Accident Lasco Distributors, Lasco Manufacturing and Stationery and Office Supplies. Dolphin Cove, Caribbean Producers, Express Catering will be significant beneficiaries of the strong rebound in tourist arrivals and the supply of General Accident has declined sharply over the past few weeks.
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 emotions from selecting stocks that often result in costly mistakes.
Overall 7,385,835 shares traded for $32,179,005 versus 7,985,924 units at $29,674,302 on Thursday. Trading averaged 184,646 shares at $804,475 compared to 185,719 shares at $690,100 on Thursday, with the month to date, averaging 1,163,198 units at $6,495,684 down from 1,346,963 units at $7,564,455 on the previous trading day. June closed with an average of 429,016 units at $1,630,104.
At the close, Blue Power rose 15 cents to $3.65 after trading 35,506 shares, Caribbean Assurance Brokers declined 9 cents in closing at $2.16 with an exchange of 154,153 units, Caribbean Cream gained 6 cents in ending at $4.66 in switching ownership of 21,500 stocks. Caribbean Flavours popped 15 cents to close at $1.95 after exchanging 20,203 stock units, Everything Fresh rallied 14 cents to end at $1.39 after trading 2,574 shares, Express Catering increased 84 cents to close at $6.14 in exchanging 21,440 stocks. Fontana climbed 5 cents in closing at $10.45 in an exchange of 37,483 stock units, Fosrich rose 75 cents to $36 with the swapping of 223,272 units, Future Energy Source shed 9 cents to end at $5.90 after exchanging 718,230 units. GWest Corporation fell 7 cents to $1.05, with 834 shares changing hands, iCreate rallied 5 cents to close at $4.10 in exchanging 297,355 stocks, Indies Pharma increased 15 cents to $3.20, with 149,512 stock units changing hands. Jamaican Teas climbed 6 cents in closing at $3.11, with 502,439 stock units crossing the market, Jetcon Corporation popped 8 cents to $1.34 with 158,305 units clearing the market, JFP Limited dropped 9 cents to end at $1.52 after 420,725 shares crossd the exchange. KLE Group lost 5 cents in closing at $2.20 while exchanging 408 stocks, Knutsford Express shed 61 cents to close at $7.10Carter 10,177 shares crossed the market, Lasco Distributors rose 23 cents to end at $3.43 in exchanging 173,142 stocks. 
Limners and Bards rallied 9 cents to $2.81 after trading 58,236 units, Medical Disposables declined 25 cents to $6.75, as 15,222 stock units crossed the exchange, Paramount Trading advanced 20 cents to close at $1.90 while exchanging 6,000 stocks and SSL Venture lost 8 cents in closing at $3.50 trading 13,383 units.
Overall, 43 securities traded, as was the case on Wednesday and ended with 16 rising, 20 declining and seven closing unchanged.
At the close, Blue Power dropped 15 cents to $3.50 in exchanging 2,051 shares, CAC 2000 declined 10 cents to $9.80 in an exchange of 8,077 stock units, Caribbean Flavours fell 22 cents to $1.80 in trading 16,566 stocks. Derrimon Trading shed 10 cents to end at $2.65, with 660,476 units crossing the market, Dolphin Cove popped 20 cents to close at $16.40, with 21,270 stock units changing hands, Elite Diagnostic rallied 15 cents to $3.70 with an exchange of 1 share. Express Catering lost 39 cents to close at $5.30, with 239,875 units clearing the market, Fontana advanced 10 cents to $10.40 in exchanging 17,370 stocks, Fosrich shed $2.75 to end at $35.25, with 129,935 stock units crossing the market. Honey Bun rose 24 cents in closing at $8.75 with the swapping of 6,840 shares, Indies Pharma fell 20 cents in closing at $3.05 after trading 22,673 units, JFP Limited climbed 10 cents to end at $1.61 after trading 457,597 stocks. Knutsford Express gained $1.05 to close at $7.71 in exchanging 7,831 stock units, Lasco Distributors lost 10 cents to end at $3.20 after switching ownership of 15,841 stocks, Lasco Manufacturing increased 17 cents in ending at $4.70 while exchanging 155,380 shares. 
Mailpac Group dropped 11 cents in closing at $2.72 after 340,619 units crossed the exchange, Main Event advanced 33 cents ending at $7.50 after trading 40,049 shares, Medical Disposables declined 10 cents to $7, with 2,200 stock units clearing the market and tTech climbed 30 cents to close at $3.30 trading 377,745 units.
The Junior Market Index rose 48.92 points to 4,365.44. A total of 8,244,571 shares were exchanged for $33,814,146 versus 247,822,804 units at $1,466,458,584 on Tuesday.
At the close, AMG Packaging popped 22 cents to close at $4.30 with an exchange of 27,105 shares, CAC 2000 climbed 90 cents in closing at $9.90 after trading 25 units, Caribbean Cream rose 11 cents to $4.61 after exchanging 82,766 stocks. Dolphin Cove declined by 74 cents to end at $16.20, with 25,997 stock units changing hands, Everything Fresh shed 21 cents to end at $1.22 in trading 79,402 stock units, Fontana lost 20 cents to $10.30, with 98,471 stocks crossing the market. Fosrich advanced $2.01 to end at a 52 weeks’ high of $38 in an exchange of 173,538 units, Future Energy Source dropped 25 cents to $6.05 after trading 765,240 shares, Honey Bun fell 48 cents to $8.51 in switching ownership of 4,872 stocks. iCreate lost 20 cents after ending at $4, with 209,580 units crossing the market, Jetcon Corporation increased 13 cents to $1.34, with 215,974 shares changing hands, Knutsford Express dropped $1.28 in ending at $6.66 with the swapping of 20,000 stock units. Lasco Financial shed 14 cents to end at $3.05 with 342,337 stocks crossing the exchange, Lasco Manufacturing fell 12 cents to $4.53 while exchanging 36,733 stock units, 
Main Event declined 26 cents in closing at $7.17 after 43,651 shares changed owners. SSL Venture lost 12 cents in ending at $3.58 after trading 2,113 units and Stationery and Office Supplies shed 35 cents to end at $13, with 25,603 shares clearing the market.
A total of 247,822,804 shares were traded for $1,466,458,584, up from 14,322,087 units at $51,366,652 on Monday.
At the close, AMG Packaging shed 59 cents to end at $4.08 in trading 4,359 shares, CAC 2000 fell $1.12 in closing at $9, with 10,526 stock units crossing the market, Caribbean Cream dropped 45 cents to end at $4.50, with 214,185 stocks changing hands. Consolidated Bakeries increased 21 cents to $1.48 with 308,180 units clearing the market, Dolphin Cove advanced 23 cents to $16.94 with an exchange of 17,240 shares, Elite Diagnostic gained 11 cents to end at $3.50 after 23,407 units crossed the market. Express Catering popped 49 cents to $5.69 in switching ownership of 500 stock units, Fosrich rose 99 cents to $35.99 in exchanging 147,743 stocks, Future Energy Source rallied 32 cents to $6.30 while exchanging 241,412,620 stocks. iCreate climbed 24 cents to close at $4.20, with 810,797 units changing hands, Indies Pharma rose 23 cents to close at $3.28, with 500 shares crossing the exchange, ISP Finance declined $2.09 in ending at $17.03 after exchanging one stock unit. Jetcon Corporation lost 10 cents to end at $1.21 after trading 323,642 stock units, KLE Group gained 20 cents to $2.25 after exchanging 300 units, Lasco Distributors popped 14 cents in closing at $3.24 in trading 75,117 stocks. 
Lasco Manufacturing advanced 15 cents to $4.65 with the swapping of 50,250 shares, Limners and Bards climbed 14 cents to end at $2.84 in an exchange of 59,363 shares, Mailpac Group rallied 17 cents in closing at $2.84 after exchanging 432,565 units. Paramount Trading lost 20 cents in ending at $1.70 after trading 14,000 stock units and SSL Venture increased 13 cents to close at $3.70 while exchanging 191,907 stocks.
At the close, Access Financial popped $2.23 to end at $23.24 in an exchange of a mere 23 shares, CAC 2000 declined 18 cents in closing at $10.12 in exchanging 12,365 units, Cargo Handlers rose 34 cents to close at $12.99, with 10 stocks crossing the market. Caribbean Assurance Brokers increased 11 cents to $2.31 with an exchange of 5,284 stock units, Caribbean Cream gained 94 cents in ending at $4.95 after exchanging 583 units, Derrimon Trading lost 10 cents to end at $2.70, with 423,771 stock units clearing the market. Dolphin Cove fell 20 cents to end at $16.71 after closing with 128,401 shares changing hands, Elite Diagnostic dropped 11 cents in closing at $3.39 after trading 12,419 stocks, Express Catering shed 50 cents to close at $5.20 with 45,653 stock units changing hands. Fosrich climbed $2.40 to $35 in switching ownership of 132,933 shares, Indies Pharma lost 25 cents to $3.05, with 85,793 stocks crossing the exchange, KLE Group dropped 22 cents to $2.05, with 17,877 units changing hands. 
Lasco Distributors shed 10 cents to close at $3.10 after an exchange of 642,460 stocks, Lasco Manufacturing fell 10 cents to $4.50 while exchanging 214,240 stock units, Mailpac Group declined 18 cents in closing at $2.67 with the swapping of 2,357,868 shares. SSL Venture advanced 57 cents in closing at $3.57 in trading 949,247 units, Stationery and Office Supplies rallied 30 cents after ending at $13.30 52,107 units crossing the market and tTech declined 23 cents to $3 with an exchange of 121,656 stocks.
