The value stocks trading on Monday surged 232 percent on the Jamaica Stock Exchange US dollar market, but the volume was mildly higher and trading closed with eight active securities, the same as Friday, with three rising, one declining and four ending unchanged.
The JSE US Denominated Equities Index rose 2.90 points and closed at 213.83.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.10. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending up to August 2023.
Overall, 335,526 shares traded, for US$46,352 versus 320,625 units at US$13,970 on Friday. Trading averaged 41,941 units at US$5,794, compared to 40,078 shares at US$1,746 on Friday, with a month to date average of 77,373 shares at US$4,158 versus 80,326 units at US$4,021 on the previous day. May ended with an average of 47,916 units for US$3,528.
Investor’s Choice bid-offer indicator shows three stocks ended with higher bids than the last selling prices and none with a lower offer.
At the close, First Rock Capital USD share ended at 7.49 US cents with an exchange of 37 shares, MPC Caribbean Clean Energy remained at US$1.38 while exchanging one stock unit, 
Proven Investments rose 0.5 of a cent to end at 26 US cents in an exchange of 48,190 stock units. Sterling Investments dropped 0.02 of one cent to close at 2.1 US cents, with 577 units changing hands, Sygnus Credit Investments USD share advanced 0.79 of a cent in closing at 12.99 US cents in switching ownership of 260,908 units, Sygnus Real Estate Finance USD share finished at 11.5 US cents after an exchange of 850 stocks and Transjamaican Highway climbed 0.03 of one cent to close at 0.84 of a US cent with 24,962 shares traded.
In the preference segment, JMMB Group 6% remained at US$1.05 in exchanging one stock unit.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Gains for USD market as more stocks rise
Dolla Financial jumps to $3.07
Dolla Financial led trading on the Jamaica Stock Exchange Junior Market on Monday, with 19 million shares for 61 percent of total volume and was the major contributor to the Market Index surging, 111.58 points to 4,314.02. Dolla helped to push the volume of stocks traded by 143 percent more and the value 118 percent more than on Friday as the price jumped 207 percent above the IPO price of $1 to close at $3.07.
All but one of the 46 listed securities traded, up from 41 on Friday, with 23 rising, 14 declining and eight unchanged. JFP Limited was the second highest traded stock, with 3.96 million units for 12.6 percent of the day’s trade and Mailpac Group with 1.0 million units for 3.2 percent of 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 companies with financial year end that falls between November this year and August 2023.
A total of 31,376,263 shares traded for $109,876,239 up sharply from 12,919,546 units at $50,357,697 on the Friday. Trading averaged 697,250 shares at $2,441,694 versus 315,111 shares at $1,228,237 on Friday, with month to date, averaging 269,551 units at $1,079,640 compared to 233,169 units at $963,775 on the previous trading day. May closed with an average of 376,907 units at $1,638,631.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Access Financial slipped 15 cents to $20.30 after exchanging 6,520 shares, AMG Packaging declined 19 cents in closing at $3.75, with 9,621 stock units crossing the market, CAC 2000 rallied 76 cents to end at $8.38, with 105 stocks changing hands. Cargo Handlers gained $1.24 to close at $12.30 in exchanging 19 units, Caribbean Flavours advanced 25 cents to end at $2.05 and trading of 12,726 units, Consolidated Bakeries rose 8 cents to $1.38 in switching ownership of 287,978 stocks. Dolla Financial popped 75 cents to end at a record $3.07 after closing with 19,097,416 shares changing hands, Elite Diagnostic dropped 25 cents to $3.30 in exchanging 27,569 stock units, Express Catering rose 40 cents to $5.85 with the swapping of 655 stocks. Fontana shed 74 cents to close at $10.06 while exchanging 97,588 stock units, Fosrich fell $1 to end at $30 after trading 511,763 units, Future Energy Source gained 10 cents after finishing at $6.10, with 831,157 shares crossing the exchange. iCreate increased 29 cents in closing at $3.24 after trading 979,125 stocks, Jamaican Teas rose 11 cents to $3.11 with an exchange of 126,602 shares, Jetcon Corporation gained 18 cents to close at $1.43, with 717,968 units changing hands.
JFP Limited climbed 12 cents to $1.62, with 3,960,786 stock units clearing the market, Knutsford Express advanced 80 cents to end at $7.80 in trading 2,627 stock units, Lasco Distributors dropped 25 cents to $3.10, with 88,898 units crossing the market. Lasco Manufacturing fell 45 cents to close at $4.50 after an exchange of 192,961 shares, Mailpac Group declined 12 cents to $2.80 after trading 1,003,316 stocks, SSL Venture popped 29 cents ending at 52 weeks closing high of $3.99 while exchanging 472,549 shares. Stationery and Office Supplies lost 45 cents to $12, trading 226,133 stock units and tTech shed 38 cents to end at $3.12 as 1,850 units changed hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
New ICTOP10 entrants
Dolla Financial a former ICInsidertop10 stock fresh from the recent IPO, was listed on Wednesday and was the highlight of the Jamaica Stock Exchange, with the stock jumping 132 percent pushed by extremely high demand, with just modest selling, with indications the price may need to be in the $3 to $4 range to evoke greater balance between buyers and sellers.
Investors with a longer term investment target of over two years or more may find the potential growth prospects exciting and pay off well at the above prices.
The week ended with two new listings in the TOP10, but half of the Junior Market stocks recorded gained and 4 in the Main Market.
Junior Market stocks with worthwhile gains this past week are Dolphin Cove, with the price rising 14 percent to $17.61, Stationery and Office Supplies up 13 percent to $12.45, AMG Packaging up 10 percent to $3.94 and Caribbean Cream 5 percent to $4.98. Medical Disposables dropped 16 percent to $6.26.
In the TOP10 Main Market, Caribbean Cement lost 8 percent to $64.50 and Guardian Holdings fell 5 percent to $510.
Dolphin Cove and Stationery and Office Supplies dropped out of the Junior Market TOP10 and were replaced by CAC 2000, got an earnings upgrade to $1.32 after the company reported a profit of $47 million or 36 cents per share for the April quarter with the company reporting solid second quarter profit of $14 million for the six months to April from $8.7 in 2021 and Lasco Distributors.
The average PE for the JSE Main Market TOP 10 ends the week at 6.2, well below the market average of 14.1, while the Junior Market PE for the Top 10 is 5.8 versus the market at 13.2. The Junior Market TOP10 is projected to gain an average of 249 percent to May 2023 and the Main Market 243 percent.
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 will likely deliver the best returns up to the end of May 2023. They are 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, 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.
Volume rise values fall on JSE Main Market
The Jamaica Stock Exchange Main Market ended on Friday, with the volume of stocks traded rising 40 percent over trading on Thursday but with a 48 percent lower value as the market closed with an equal number of stocks rising and falling.
Trading ended with slightly more securities trading than on Thursday, with 55 changing hands up from 54 before and ended with 19 rising, 19 declining and 17 ending unchanged. The All Jamaican Composite Index shed 101.02 points to close at 436,271.57, the JSE Main Index slipped 324.63 points to 381,528.21 and the JSE Financial Index rose 0.03 points to settle at 91.24.
The PE Ratio, a formula to ascertain appropriate stock values, averages 14.2 for the Main Market. The JSE Main and USD Market PE ratios are computed based on ICInsider.com’s forecasted earnings for companies with financial years ending up to the close of August 2023.
Overall, 17,485,254 shares were exchanged for $253,862,892 versus 12,502,865 units at $487,965,172 on Thursday. Trading averages 317,914 units at $4,615,689, compared to 231,535 shares at $9,036,392 on Thursday and month to date, an average of 258,064 units at $3,691,843 compared to 253,031 units at $3,614,150 on the previous trading day. May closed with an average of 238,645 units at $3,561,016.
JMMB Group 7.25% preference share due 2024 led trading with 3.33 million shares for 19 percent of total volume, followed by Sagicor Select Financial Fund with 2.82 million units for 16.1 percent of the day’s trade, Transjamaican Highway ended with 2.02 million units for 11.6 percent market share, Seprod 1.69 million units for 9.7 percent of trading and Wigton Windfarm with 1.43 million units for 8.2 percent share of the volume of stocks traded.
Investor’s Choice bid-offer indicator shows eight stocks ended with bids higher than their last selling prices and four stocks with lower offers.
At the close, Caribbean Cement shed $3 to end at $64.50 in exchanging 16,764 shares, Eppley increased $5 to $45 in switching ownership of 1,097 stock units, Eppley Caribbean Property Fund popped $3.38 to $42.50 after trading 2,180 stocks. First Rock Capital climbed 47 cents to close at $13.50 with an exchange of 206,073 units, Jamaica Broilers fell 50 cents in closing at $26 in trading 170,838 stock units, Kingston Properties dropped 29 cents to end at $7.60 with 4,573 units clearing the market. Kingston Wharves lost $2.69 in ending at $36.31 while exchanging 7,001 stocks, Massy Holdings declined 60 cents to $92 after exchanging 18,432 shares, Mayberry Investments declined 45 cents in closing at $10.90 after 66,520 units crossed the exchange. NCB Financial lost $1.49 to $101.01 in trading 57,805 shares, Palace Amusement gained $45 to end at $900 in an exchange of two stock units, PanJam Investment rose $1.50 in closing at $66, with 9,404 stocks crossing the market. Proven Investments dropped $1.50 to $37.50 after exchanging 9,224 units, Pulse Investments advanced 29 cents to close at $3.59, with 550,211 shares crossing the market, Sagicor Group rallied 50 cents to $56, with 174,119 stocks changing hands. Salada Foods popped 25 cents in ending at $5.50 with the swapping of 2,363 stock units, Seprod shed 50 cents to end at $70.50 after trading 1,694,903 shares, Stanley Motta gained 32 cents in closing at $5.12 with the swapping of 14,345 stock units. 
Supreme Ventures climbed 36 cents to close at $30.35 in switching ownership of 535,642 units and Sygnus Credit Investments fell 31 cents to $14.20 in an exchange of 29,102 stocks.
In the preference segment, JMMB Group 7.25% preference share declined 52 cents in closing at $2.68 after trading 11,222 stocks, JMMB Group 7.25% due 2024 preference share lost 32 cents to $1.95 with 3,329,855 units crossing the market and 138 Student Living preference share fell $3.63 to end at $17 with 50 shares clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading picks up for JSE USD market
Trading on Friday ended with the volume of stocks changing hands rising 61 percent over Thursday as 11 percent more funds entered the Jamaica Stock Exchange US dollar market, resulting in eight securities traded, similar to Thursday, with two rising, three declining and three ending unchanged.
The JSE US Denominated Equities Index dipped 3.59 points to end at 210.93.
The PE Ratio, a measure used to compute appropriate stock values, averages 9, The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending, up to August 2023.
A total of 320,625 shares traded amounting to US$13,970 compared to 199,358 units at US$12,579 on Thursday. Trading averaged 40,078 units at US$1,746 compared to 24,920 shares at US$1,572 on Thursday, with a month to date average of 80,326 shares at US$4,021 versus 83,984 units at US$4,228 on the previous day. May ended with an average of 47,916 units for US$3,528.
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, First Rock Capital USD share remained at 7.49 US cents, with 3 shares crossing the market, 
Margaritaville ended at 14.99 US cents with an exchange of 30 stocks, Proven Investments climbed 0.48 of a cent in ending at 25.5 US cents in switching ownership of 30,832 stock units. Sterling Investments gained 0.2 of a cent in closing at 2.12 US cents with the swapping of 2,823 units, Sygnus Credit Investments USD share finished at 12.2 US cents trading 11,698 stocks, Sygnus Real Estate Finance USD share lost 0.5 of one cent to end at 11.5 US cents in exchanging 23,408 units and Transjamaican Highway dropped 0.17 of a cent to 0.81 of a US cent in an exchange of 251,830 stock units.In the preference segment, JMMB Group 5.75% shed 5 cents in ending at US$2.25 after trading just one share.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Big bounce for Junior Market on Friday
The Junior Market Index jumped 80.94 points to 4,202.44 on Friday, after Dolla Financial jumped nearly 33 percent to close at $2.32 and Fosrich surged $3.51 to $30.30, and the volume of stocks traded rising 127 percent and the value 100 percent over Thursday.
A total of 41 securities were traded versus 39 on Thursday and ended with 18 rising, 13 declining and 10 closing unchanged.
The PE Ratio, a measure used to compute 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 12,919,546 shares traded for $50,357,697 compared to 5,679,261 units at $25,210,590 on Thursday, but trading is being stifled by the limitation of the circuit breaker places on daily price movement delaying the market from finding the equilibrium price that will encourage more selling to match demand. Trading averaged 315,111 shares at $1,228,237 on Friday, in contrast to 145,622 shares at $646,425 on Thursday, with the month to date, averaging 233,169 units at $963,775 compared to 226,284 units at $941,556 on the previous trading day. May closed with an average of 376,907 units at $1,638,631.
Dolla Financial led trading with 2.35 million shares for 18.2 percent of the total volume, followed by Express Catering with 1.88 million units for 14.6 percent of the day’s trade, Spur Tree Spices with 1.33 million units for 10.3 percent market share and Lumber Depot ended 1.24 million units for 9.6 percent market share.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, AMG Packaging rallied 34 cents in closing at $3.94 while exchanging 69,630 stock units, CAC 2000 fell $1.29 to close at $7.62 after 4,535 stocks were traded. Cargo Handlers declined $1.04 to $11.06, with 1,478 units crossing the exchange, Caribbean Flavours shed 18 cents to end at $1.80 with an exchange of 16 stocks, Dolla Financial rose 57 cents ending at a record $2.32, in exchanging 2,347,737 shares, Dolphin Cove increased 95 cents in closing at $17.61, with 37,154 shares changing hands. EduFocal advanced 35 cents to close at $3 after exchanging 932,280 units, Elite Diagnostic popped 25 cents to end at $3.55 trading 140,893 stock units, Express Catering dropped 45 cents to $5.45 in switching ownership of 1,881,381 shares. Fontana lost 18 cents in ending at $10.80 in an exchange of 84,961 stock units, Fosrich climbed $3.51 to $31 after exchanging 174,799 stocks, Future Energy Source gained 10 cents to close at $6 with the swapping of 876,003 units. General Accident dropped 30 cents to end at $5.60 with 2,050 stocks crossing the market, Honey Bun climbed 11 cents in closing at $8.97 in trading 10,467 shares, Indies Pharma declined 9 cents to $3.20 with 43,586 units clearing the market. Knutsford Express lost $1 in closing at $7, with 24,150 stock units crossing the market, 
Lasco Manufacturing gained 34 cents in ending at $4.95 after trading 112,040 shares, Limners and Bards fell 17 cents to end at $2.81, with 46,976 stock units crossing the exchange after trading at a 52 weeks’ intraday low of $2.63. Mailpac Group popped 27 cents to close at $2.92 trading 373,448 units, Main Event shed 20 cents to $8 with 13,581 stocks clearing the market, Spur Tree Spices rose 28 cents to $3.70 with 1,331,758 units changing hands. SSL Venture advanced 85 cents to a 52 weeks’ high of $3.70 trading 681,994 stock units and Tropical Battery rallied 13 cents to end at $2.75 after an exchange of 519,338 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading drops on TTSE on Friday
Trading resumed on the Trinidad and Tobago Stock Exchange on Friday, after breaking for a public holiday on Thursday and ended with the volume of stocks traded declining 82 percent and the value 73 percent lower than Wednesday,
A total of 18 securities traded down from 16 on Wednesday, with six rising, five declining and seven remaining unchanged. The Composite Index rallied 2.22 points to 1,392.09, the All T&T Index declined 3.24 points to 2,045.65 and the Cross-Listed Index rallied 1.13 points to end at 96.97.
Overall, 569,192 shares traded for $4,860,798 versus 3,156,815 units at $17,871,492 Thursday. An average of 31,622 units traded at $270,044 compared to 197,301 shares at $1,116,968 Thursday, with trading month to date averaging 70,450 units at $568,605 versus 73,762 units at $594,075 on the previous trading day. The average trade for May amounts to 45,890 units at $370,328.
Investor’s Choice bid-offer indicator shows one ending with the bid higher than the last selling price and three with lower offers.
At the close, Angostura Holdings remained at $23 after 1,000 shares crossed the exchange, Ansa McAl declined 94 cents in closing at $56 with the swapping of 3,840 units, CinemaOne gained 5 cents in ending at $3.95 and closed with 100 stock units changing hands. Clico Investment Fund dropped $1.16 to $27.81 in an exchange of 5,996 stocks, First Citizens Group ended at $50 in switching ownership of 155 units, FirstCaribbean International Bank ended unchanged at $5, with 16,116 shares crossing the market. Guardian Holdings rallied 2 cents to $27.32 trading 180 stock units, JMMB Group climbed 5 cents to close at $2.35 after exchanging 100 stocks, Massy Holdings shed 14 cents to end at $5.05 in trading 301,033 stock units. 
National Enterprises ended at $3.25, with 11,140 stock units changing hands, National Flour Mills fell 4 cents to close at $1.75 with an exchange of 10 shares, NCB Financial Group increased 15 cents in closing at $5.65 while exchanging 202,300 units. Prestige Holdings finished at $6.70 after exchanging 1,000 shares, Republic Financial Holdings remained at $141 after trading 6,889 stocks, Scotiabank rose 1 cent in ending at $78 with an exchange of 4,865 units. Trinidad & Tobago NGL lost 19 cents to end at $20.80, with 8,216 stock units clearing the market, Unilever Caribbean advanced 39 cents to close at $13 after exchanging 5,061 shares and West Indian Tobacco finished at $23.30, with 1,191 units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading jumps on JSE Main Market
Trading surged on Thursday, with the volume traded rising 51 percent compared to trading on Wednesday, with a 926 percent jump in value on the Jamaica Stock Exchange Main Market as rising stocks exceeded those declining.
The All Jamaican Composite Index dropped 1,238.52 points to 436,372.59, the JSE Main Index lost 1,477.94 points to 381,852.85 and the JSE Financial Index fell 0.18 points to 91.21. Trading ended with 54 securities up from 52 on Wednesday, with 24 rising, 20 declining and ten ending unchanged.
The PE Ratio, a formula to ascertain appropriate stock values, averages 14.1 for the Main Market. The JSE Main and USD Market PE ratios are computed based on ICInsider.com’s forecasted earnings for companies with financial years ending up to the close of August 2023.
A total of 12,502,865 shares were traded for $487,965,172 compared to 8,303,766 units at $47,547,654 on Wednesday. Trading averages 231,535 units at $9,036,392, compared to 159,688 shares at $914,378 on Wednesday and month to date, an average of 253,031 units at $3,614,150, compared to 254,965 units at $3,126,148 on the previous trading day. May averaged 238,645 units at $3,561,016.
Wigton Windfarm led trading with 3.82 million shares for 30.5 percent of total volume, followed by Productive Business Solutions with 9.75% Preference share with 3.62 million units for 29 percent of the day’s trade and Pulse Investments with 697,969 units for 5.6 percent market share.
Investor’s Choice bid-offer indicator shows 12 stocks ended with bids higher than their last selling prices and seven with lower offers.
At the close, Caribbean Cement gained $6.49 in ending at $67.50 while exchanging 45,734 shares, Caribbean Producers dropped 50 cents to $14 after trading 362,316 units, Eppley Caribbean Property Fund shed $3.63 to end at $39.12, with 3,800 stocks changing hands. GraceKennedy declined $2 in closing at $105 with the swapping of 24,989 stock units, Guardian Holdings climbed $3.88 to close at $510 in switching ownership of 1,708 stocks, JMMB Group increased 50 cents in closing at $42.50, with 35,661 shares crossing the market. Margaritaville popped $2.10 to end at $22.60, closing with 1,267 units changing hands, NCB Financial rose $1.49 to $102.50 with 147,580 stock units clearing the market, Palace Amusement rallied $35 to $855, with nine stocks crossing the market. PanJam Investment lost 79 cents in ending at $64.50 in an exchange of 8,900 stock units, Proven Investments advanced $1.90 to $39 in trading 23,609 shares, Sagicor Group fell $1.40 to close at $55.50 in exchanging 638,627 units. Seprod lost 40 cents to $71 in trading 108,333 stocks, Stanley Motta fell 35 cents in closing at $4.80 after 136,395 shares crossed the exchange, Supreme Ventures rose 99 cents in ending at $29.99 after exchanging 139,762 units. 
Sygnus Credit Investments declined 29 cents to $14.51 after trading 30,243 stock units and Sygnus Real Estate Finance advanced $1.43 in ending at $15.43 with an exchange of 459 stock units.
In the preference segment, JMMB Group 7.25% preference share due 2024 increased 30 cents to close at $2.27, with 1,000 stocks crossing the market and Productive Business Solutions 9.75% preference share shed $1.25 to end at $107, with 3,622,977 units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Fall for JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market on Thursday, ended with the volume of stocks traded rising 69 percent, with a 63 percent drop in value than Wednesday, as eight securities were traded, up from six on Wednesday with three rising, three declining and two ending unchanged.
The JSE US Denominated Equities Index lost 3.43 points to end at 214.52.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.3. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending, up to August 2023.
Some 199,358 shares traded for US$12,579 compared to 118,104 units at US$34,212 on Wednesday. Trading averaged 24,920 units at US$1,572, compared to 19,684 shares at US$5,702 on Wednesday, with a month to date average of 83,984 shares at US$4,228 versus 89,891 units at US$4,494 on the previous day. May ended with an average of 47,916 units for US$3,528.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than the last selling prices and one with a lower offer.
At the close, First Rock Capital USD share rallied 0.49 of a cent to 7.49 US cents, with 6,497 shares crossing the market, Margaritaville declined 0.01 of one cent to close at 14.99 US cents with the swapping of 12,982 stock units, Productive Business Solutions traded 1,297 stock units at US$1.15. 
Proven Investments shed 0.97 of a cent in closing at 25.02 US cents after exchanging 27,032 units, Sterling Investments dropped 0.25 cents to 1.92 US cents with 23,369 stock units changing hands, Sygnus Credit Investments USD share ended at 12.2 US cents after exchanging 2,014 stocks and Transjamaican Highway gained 0.07 of a cent after ending at 0.98 US cents in trading 126,115 units.
In the preference segment, JMMB Group 6% rose 4 cents to close at US$1.05 with the exchange 52 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market rises on Thursday
Stocks mostly rose in trading on the Jamaica Stock Exchange Junior Market on Thursday, with the market Index jumping 43.54 points to 4,121.50 after ending with 21 stocks rising, ten declining and eight closing unchanged, from 39 securities traded, similar to Wednesday, with the volume and the value of stocks traded declining by 27 percent and the value 22 percent respectively, compared to Wednesday.
The PE Ratio, a measure used in 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.
Overall, 5,679,261 shares traded for $25,210,590 compared to 7,761,840 units at $32,254,673 on the Wednesday. Trading averaged 145,622 shares at $646,425 in contrast to 199,022 shares at $827,043 on Wednesday, with the month to date, averaging 226,284 units at $941,556 compared to 233,291 units at $967,191 on the previous trading day. May closed with an average of 376,907 units at $1,638,631.
JFP Limited led trading with 1.56 million shares for 27.5 percent of total volume, followed by Future Energy Source with 507,493 units for 8.9 percent of the day’s trade and Dolla Financial with 365,198 units for 6.4 percent market share.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Blue Power lost 9 cents in closing at $3.70 in an exchange of 200 stock units, CAC 2000 jumped $1.31 to $8.91 in exchanging 5,589 stocks. Dolla Financial advanced 43 cents to a record $1.75, with 365,198 shares clearing the market, Dolphin Cove rallied $1.42 to close at $16.66, with 172,914 units crossing the exchange, Everything Fresh climbed 7 cents to $1.25 and closed with an exchange of 42,575 stocks, Fontana popped 98 cents to $10.98 after exchanging 352,707 stock units. Fosrich shed 91 cents in closing at $27.49 with the swapping of 225,953 shares, Future Energy Source rose 20 cents in ending at $5.90, with 507,493 units crossing the market, General Accident fell 10 cents to close at $5.90, with 742 stocks changing hands. iCreate gained 7 cents to end at $2.94 with an exchange of 25,566 shares, Lasco Distributors advanced 26 cents to $3.36 after trading 46,000 stock units, Lasco Manufacturing increased 11 cents to end at $4.61 with an exchange of 50,338 units. 
Main Event rallied 70 cents ending at $8.20 after exchanging 550 stock units, Paramount Trading climbed 10 cents to close at $1.85 in trading 68,667 shares, SSL Venture rose 8 cents in closing at a 52 weeks’ high of $2.85 while exchanging 305,581 stocks and tTech dropped 19 cents in closing at $3.50, with 160 units crossing the market.
In the preference segment, CAC 2000 9.5% preference share gained 14 cents in, ending at $1.16 after 487 stocks switched owners.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
