Trading activity on the Jamaica Stock Exchange Main Market ended on Monday, with the volume of stocks traded rising 27 percent and the value 50 percent lower than on Friday, with 57 securities trading compared with 52 on Friday, with 23 rising, 21 declining and 13 ending unchanged.
A total of 8,771,432 shares were traded for $51,325,289 compared with 6,892,036 units at $103,552,949 on Friday.
Trading averaged 153,885 shares at $900,444 versus 132,539 shares at $1,991,403 on Friday and month to date, an average of 189,519 units at $1,502,668, compared with 196,959 units at $1,628,407 on the previous day. September closed with an average of 218,512 units at $1,768,691.
Transjamaican Highway led trading with 5.92 million shares for 67.5 percent of total volume followed by Wigton Windfarm with 975,333 units for 11.1 percent of the day’s trade and Sagicor Select Financial Fund with 256,166 units for 2.9 percent market share.
The All Jamaican Composite Index rose 1,758.93 points to finish at 348,317.02, the JSE Main Index rallied 1,026.11 points to finish at 316,012.07 and the JSE Financial Index gained 0.49 points to close at 69.85.
The Main Market ended trading with an average PE Ratio of 11.8. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending up to August 2024.
Investor’s Choice bid-offer indicator shows 11 stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Caribbean Cement dropped 86 cents in closing at $50.70 after 1,285 shares were traded, Caribbean Producers lost 54 cents to end at $9.70 with traders dealing in 8,693 stocks, Eppley Caribbean Property Fund declined $9 to a 52 weeks’ low of $30 with 25,521 stock units clearing the market. Jamaica Producers increased 50 cents to close at $19 in switching ownership of 12,705 units, Jamaica Stock Exchange dipped 45 cents and ended at $9.50 in trading 1,039 stock units, Kingston Wharves fell $2.64 to $27.11 after an exchange of 20,221 shares. NCB Financial advanced $3.38 in closing at $65.90 with 44,202 units changing hands, Pan Jamaica shed 96 cents to end at $49.50 with investors transferring 6,983 stocks, 
Proven Investments skidded 73 cents to close at $21.25 after an exchange of 34,647 units. Scotia Group gained $1 and ended at $33 while trading 126,271 stocks, Stanley Motta popped 84 cents to $6.07 as investors exchanged 3,000 shares. Supreme Ventures rose 45 cents in closing at $26 in an exchange of 112,905 stock units and Sygnus Real Estate Finance declined 44 cents and ended at $9.56 with shareholders swapping 979 units.
In the preference segment, Eppley 7.25% preference share rallied $1.30 to close at $19.95 as 100 shares passed through the market, Eppley 7.50% preference share climbed 40 cents to end at $6 after a transfer of 192 stocks, 
Jamaica Public Service 7% skidded $12 and ended at $40 with 246 stock units crossing the market and Productive Business Solutions 10.5 % preference share fell $169 to $1,046 after 25 shares crossed the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Falling stocks sink JSE Junior Market
More stocks fell versus those that rose at the close of trading on the Junior Market of the Jamaica Stock Exchange Monday and resulting in the volume of stocks traded rising 28 percent and the value 22 percent lower than Friday with trading in 42 securities compared with 40 on Friday and ended with prices of 15 rising, 19 declining and eight closing unchanged.
Investors traded 5,477,776 shares for $11,276,077 compared with 4,285,226 units at $14,476,628 on Friday.
Trading averaged 130,423 shares at $268,478, compared with 107,131 shares at $361,916 on Friday with the month to date, averaging 195,727 stock units at $429,208 compared with 208,914 stocks at $461,663 on the previous trading day down sharply from an average of 220,239 stock units at $459,425 in September.
Derrimon Trading led trading with 2.03 million shares for 37 percent of total volume followed by Future Energy with 628,019 units for 11.5 percent of the day’s trade and EduFocal with 513,878 units for 9.4 percent market share.
At the close, the Junior Market Index dipped 5.78 points to finish at 3,874.56.
The Junior Market ended trading with an average PE Ratio of 10.7, based on last traded prices in conjunction with earnings projected by 
ICInsider.com for the financial years ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows nine stocks ended with bids higher than their last selling prices and eight with lower offers.
At the close, Access Financial shed $5.88 to end at $23.82 with just 186 shares crossing the exchange, AMG Packaging lost 16 cents in closing at $2.35 after 7,186 units were traded, Blue Power rallied 20 cents to $2.90 after trading 50 stock units. CAC 2000 advanced $1.09 to $4.90 as 1,175 stocks passed through the market, Cargo Handlers dipped $1 to close at $13.50 while exchanging 2,904 shares, Caribbean Assurance Brokers skidded 46 cents to close at $2.73, with 3,174 stocks crossing the market. 
Elite Diagnostic fell 9 cents to end at $1.76 with 18,431 stock units crossing the market, Express Catering rallied 22 cents and ended at $4.60, with 7,688 units changing hands, Fontana dropped 60 cents to $11.10 with investors transferring 46,212 stocks. Honey Bun declined 26 cents to $6.10 with investors dealing in 1,426 units, ISP Finance shed 50 cents to end at $43.50 in an exchange of a mere 3 stock units, Jetcon Corporation skidded 15 cents and ended at a 52 weeks’ low of 86 cents after a transfer of 1,264 shares. Knutsford Express popped 23 cents to end at $12.73 in switching ownership of 544 units, Lumber Depot dropped 13 cents in closing at $2.39 with traders dealing in 36,374 stocks, MFS Capital Partners climbed 38 cents to close at $2.38 in trading 78,399 shares.
Regency Petroleum declined 8 cents in closing at $2.10 after an exchange of 60,051 stock units and Tropical Battery fell 7 cents to $1.88 with a transfer of 314,525 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Falling stocks dominated Trinidad Exchange
Falling stocks dominated trading on the Trinidad and Tobago Stock Exchange on Monday, following a 68 percent decline in the volume of stocks traded with the value 23 percent lower than on Friday and resulting in the trading of 14 securities compared with 17 on Friday, with one stock rising, nine declining and four remaining unchanged.
Investors traded 41,915 shares for $689,675 compared to 130,504 stocks at $898,029 on Friday.
An average of 2,994 units were traded at $49,262 compared with 7,677 shares at $52,825 on Friday, with trading month to date averaging 19,279 shares at $150,820 from 21,840 units at $166,796 on the previous trading day. Trading averaged 21,948 shares at $198,506 for September.
The Composite Index slipped 1.74 points to close at 1,209.40, the All T&T Index skidded 2.86 points to end at 1,84
1.30, the SME Index remained unchanged at 79.75 and the Cross-Listed Index fell 0.07 points to close at 74.65.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and five with lower offers.
At the close, Angostura Holdings remained at $22.98 with a transfer of 60 shares, Ansa McAl ended at $57.20, with 91 stocks clearing the market, First Citizens Group fell 5 cents to $49, in trading 7,212 stocks. FirstCaribbean International Bank dipped 2 cents to end at $6.98 after exchanging 5,909 units, Guardian Holdings declined 5 cents to $19 with stakeholders exchanging 100 stock units, JMMB Group ended at $1.41 as investors exchanged 8,602 units. Massy Holdings increased 1 cent to close at $4.85 after a transfer of 100 shares, National Enterprises shed 5 cents to end at $3.55 with traders dealing in 88 stock units. NCB Financial skidded 1 cent and ended at $2.99, with 1,646 stocks passed through the market, 
Prestige Holdings remained at $8.50 with shareholders swapping 143 shares, Republic Financial lost 24 cents and ended at $119.75 after closing, with an exchange of 499 units. Trinidad & Tobago NGL dropped 10 cents to close at $12.90 after 10,588 units were traded, Unilever Caribbean fell 11 cents in closing at $11.55 with investors dealing in 1,031 shares and West Indian Tobacco dipped 10 cents to end at $10 with an exchange of 5,846 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
New ICTOP10 listings
Stocks pulled back this past week from the month end Induced rally of the prior week on the Jamaica Stock Exchange, resulting in two new additions to the ICTOP10 stock, with mostly declining stocks dominating the ICTOP10.
Coming into the Junior Market TOP10 are Paramount Trading, with the price dropping to an appealing $1.50 and Everything Fresh dipping to $1.55. Leaving the Junior Market TOP 10 are Dolphin Cove and Lasco Distributors with modest price changes for the week. There are no changes to the Main Market TOP10.
The Main Market closed the week with Caribbean Producers rising 4 percent to close at $10.24, but Guardian Holdings dropped 13 percent to close the week at $440, followed by a 6 percent fall in Key Insurance and Scotia Group to $2.31 and $32 respectively.
There were no gains of worth in the Junior Market but One on One Educational Services fell 12 percent to $1.01, Caribbean Assurance Brokers fell 6 percent to $3.19 and Caribbean Cream slipped 4 percent to $4.
At the end of the week, the average PE for the JSE Main Market TOP 10 stands at 4.9, well below the market average of 12.2. The Main Market TOP10 is projected to gain an average of 344 percent, by May 2024, based on 2023 forecasted earnings.
A total of 15 of the most highly valued stocks representing 23 percent of the Main Market are priced at a PE of 15 to 108, with an average of 32 and 21 excluding the highest PE ratios, and a PE of 23 for the top half and 16 excluding the stocks with overweight valuations.
The PE of the Junior Market Top 10 sits at 5.7 just half of the market at 10.9. There are 11 stocks or 23 percent of the market, with PEs from 15 to 37, averaging 20 that are well above the market’s average. The top half of the market has an average PE of 15, possibly the lowest fair value for Junior Market stocks currently and is projected to rise by 268 percent by May 2024.
The divergence between the average PE of the Main and Junior Markets and the overall market valuation are important indicators of the level of likely gains for ICTOP10 stocks.
ICTOP10 focuses on likely yearly winners. The lists include some of the best companies in the market but not always. ICInsider.com ranks stocks based on projected earnings, allowing investors to focus on the most undervalued stocks and helping to remove emotions in selecting stocks for investments that often result in costly mistakes.
IC TOP10 stocks are likely to deliver the best returns up to the end of May 2024 and are ranked in order of potential gains, computed using projected earnings for the current fiscal year. Expected values will change as stock prices fluctuate and result 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.
Trading drops on JSE USD Market
Trading plunged with a 72 percent lower volume of stocks changing hands valued 75 percent less than on Thursday at the close of the Jamaica Stock Exchange US dollar market on Friday and resulting in just three securities traded, compared to 10 on Thursday with one rising, one declining and one ending unchanged.
Overall, 145,630 shares were traded, for US$4,064 down compared with 526,142 units at US$16,546 on Thursday.
Trading averaged 48,543 units at US$1,355 compared with 52,614 shares at US$1,655 on Thursday, with a month to date average of 44,235 shares at US$1,284 compared with 43,804 units at US$1,277 on the previous day and September with an average of 73,281 units for US$5,102.
The US Denominated Equities Index declined 0.78 points to settle at 247.94.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.6. The PE ratio is computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, First Rock Real Estate USD share gained 0.2 of a cent to end at 4.4 US cents with investors dealing in 1,000 shares, Proven Investments ended at 14.69 US cents with traders dealing in 11,024 stock units and Transjamaican Highway declined 0.11 of a cent to 1.76 US cents as investors exchanged 133,606 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE Main Market fall
The Jamaica Stock Exchange Main Market closed lower on Friday, with the volume of stocks traded declining 6 percent, but with a value 77 percent more than on Thursday, following activity in 52 securities compared with 58 on Thursday and ended with prices of 19 rising, 24 declining and nine ending unchanged.
A total of 6,892,036 shares were traded for $103,552,949 compared with 7,238,507 units at $54,207,250 on Thursday.
Trading averaged 132,539 shares at $1,991,403 versus 124,802 shares at $934,608 on Thursday and month to date, an average of 196,959 units at $1,628,407 compared with 212,117 units at $1,542,996 and September with an average of 218,512 units at $1,768,691.
Transjamaican Highway led trading with 2.65 million shares for 39 percent of total volume followed by Jamaica Broilers with 1.73 million units for 25.5 percent of the day’s trade and Wigton Windfarm with 746,160 units for 11 percent market share.
The All Jamaican Composite Index dropped 613.07 points to end at 346,558.09, the JSE Main Index dropped 1,281.78 points to settle at 314,985.96 and the JSE Financial Index rallied 0.17 points to 69.36.
The Main Market ended trading with an average PE Ratio of 12.2. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending up to August 2024.
Investor’s Choice bid-offer indicator shows 11 stocks ended with bids higher than their last selling prices and six with lower offers.
At the close, Barita Investments dropped 99 cents and ended at $74 with traders dealing in 10,706 shares, Caribbean Cement fell $1.24 to $51.56 while exchanging 52,867 stock units, General Accident climbed 87 cents in closing at $5.87 after an exchange of a mere 268 stocks, GraceKennedy dipped $3.49 to end at $72.01 with shareholders swapping 160,606 units. 
Jamaica Broilers popped $1.50 to close at $34 in an exchange of 1,729,298 stocks, Jamaica Stock Exchange increased 55 cents in closing at $9.95 after 32,907 shares passed through the market, JMMB Group shed 49 cents and ended at $28 as investors exchanged 9,328 stock units, Kingston Properties rose 45 cents to end at $7.10 after trading 1,731 units. Kingston Wharves declined $1.55 to $29.75 after exchanging 5,377 shares, Massy Holdings skidded $2 to close at $98 in switching ownership of 58,267 units, Mayberry Investments fell 39 cents to close at $7.04 with 147 stocks clearing the market, NCB Financial rallied $1.45 and ended at $62.52, with 9,987 stock units crossing the market. Sagicor Group skidded 50 cents to $44.50 with 20,674 stock units changing hands, Scotia Group declined $1.84 in closing at $32 in an exchange of 114,599 shares, Seprod dipped $7.94 to end at $65.51 with an exchange of 8,224 units, Supreme Ventures lost 44 cents in closing at $25.55 with investors dealing in 29,929 stocks and Wisynco Group advanced 39 cents to close at $18 closed after 102,755 stock units were traded.
In the preference segment, Eppley 7.50% preference share fell 40 cents to end at $5.60 with a transfer of 56 units, Jamaica Public Service 7% gained $4.68 to close at $52 in trading 36 shares, 138 Student Living preference share dropped $28.85 and ended at $85, with 50 stocks crossing the market and Productive Business Solutions 9.75% preference share climbed $2 and ended at $100 with stakeholders exchanging 350 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Gains for Junior Market
Trading closed on the Junior Market of the Jamaica Stock Exchange Friday, with the volume of stocks traded declining 43 percent and the value 10 percent lower than on Thursday with 40 securities trading compared with 39 on Thursday and ended with 16 rising, 16 declining and eight closing unchanged.
Investors traded 4,285,226 shares for $14,476,628 compared with 7,562,096 units at $16,067,740 on Thursday.
Trading averaged 107,131 shares at $361,916, compared with 193,900 shares at $411,993 on Thursday with the month to date, averaging 208,914 units at $461,663 compared with 233,148 stock units at $485,413 on the previous day. September closed with an average of 220,239 units at $459,425.
Lasco Distributors led trading with 474,669 shares for 11.1 percent of total volume followed by Fosrich with 383,626 units for 9 percent of the day’s trade and One Great Studio with 348,944 units for 8.1 percent market share.
At the close, the Junior Market Index rallied 17.15 points to finish at 3,880.34.
The Junior Market ended trading with an average PE Ratio of 10.9, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Access Financial popped $5.70 to close at a 52 weeks’ high of $29.70 with investors dealing in 4,852 shares, Caribbean Assurance Brokers declined 9 cents to $3.19 after trading 50,833 units, Dolla Financial climbed 8 cents and ended at $2.26, with 111,178 stocks clearing the market. Express Catering fell 32 cents in closing at $4.38 after 27,918 stock units passed through the exchange, 
Fontana advanced 49 cents to end at $11.70 after 318,648 stocks were traded, Indies Pharma rose 16 cents to close at $2.96 with traders dealing in 252,415 stock units. Lasco Distributors increased 18 cents to $4.33 after 474,669 units were traded, Limners and Bards gained 6 cents in closing at $1.80 with 71,703 shares changing hands, Lumber Depot rallied 6 cents to end at $2.52, with 120,507 units crossing the exchange. MFS Capital Partners skidded 39 cents and ended at $2 with investors transferring 296,199 stocks, Paramount Trading shed 24 cents to a 52 weeks’ low of $1.50 in an exchange of 264,900 stock units, Stationery and Office Supplies lost 6 cents to close at $1.73 after a transfer of 35,087 shares. 
Tropical Battery gained 7 cents and ended at $1.95, with 44,633 units changing hands and tTech dropped 25 cents in closing at $2.20 after an exchange of 550 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading plunges on Trinidad Exchange
In Friday trading stocks ended with a 69 percent fall in volume with the value dropping 81 percent lower than on Thursday on the Trinidad and Tobago Stock Exchange, resulting from trading in 17 securities down from 19 on Thursday, with prices of six stocks rising, five declining and six remaining unchanged.
Investors exchanged 130,502 shares for $898,029 versus 418,746 stock units at $4,821,091 on Thursday.
An average of 7,677 units were traded at $52,825 down sharply from 22,039 shares at $253,742 on Thursday, with trading month to date averaging 21,840 shares at $166,796 compared with 25,184 units at $193,705 on the previous day. The average trade for September amounts to 21,948 shares at $198,506.
The Composite Index fell 2.52 points to settle at 1,211.14, the All T&T Index lost 6.01 points to conclude trading at 1,844.16, the SME Index climbed 9.28 points to finish at 79.75 and the Cross-Listed Index popped 0.17 points to 74.72.
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, Agostini’s shed 50 cents and ended at $68 after an exchange of 688 shares, Angostura Holdings ended at $22.98 in trading 21 units, Ansa Merchant Bank fell $1.75 to end at $42.50 in a swapping of 710 stock units, Calypso Macro Investment ended at $22.50 with investors switching owners of 4,368 stocks. Endeavour Holdings increased $1.95 to close at a 52 weeks’ high of $14.95 after 50 stock units changed hands, First Citizens Group gained 5 cents in closing at $49.05 with an exchange of 1,125 shares, FirstCaribbean International Bank ended at $7 in the trading of 102 stocks, Massy Holdings lost 11 cents to close at $4.84 with shareholders swapping 28,909 units. National Enterprises popped 5 cents and ended at $3.60 with an exchange of 57,248 units, National Flour Mills remained at $1.52 after a transfer of 10,289 stock units, NCB Financial advanced 1 cent to close at $3 as investors exchanged 1,600 shares, 
Prestige Holdings ended at $8.50 with investors dealing in 52 stocks. Republic Financial dipped 1 cent to a 52 weeks’ low of $119.99 after an exchange of 183 units, Scotiabank remained at $72.50, with 161 stock units changing hands, Trinidad & Tobago NGL rose 1 cent to end at $13, 4,525 stocks with crossing the exchange. Unilever Caribbean declined 11 cents and ended at $11.66 after 931 shares passed through the market and West Indian Tobacco rallied 4 cents to end at $10.10 after 19,540 units changed hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Sharp drop for JSE Main Market
Trading ended with a second consecutive day of a sharp decline in the JSE Main Market index on Thursday, and the third day of a sharp decline since the start of October as all of a near 7,000 points rally on the final day of September has been wiped out with a fall of just under 11,000 points for October to date with trading in 58 securities compared with 52 on Wednesday, resulting in prices of 15 stocks rising, 25 declining and 18 ending unchanged.
The volume of stocks traded declined 66 percent and the value 64 percent lower than on Wednesday, with a total of 7,238,507 shares changing hands for $54,207,250 versus 21,242,982 units at $150,463,331 on Wednesday. There was trading in VM Financial Group 2026A traded 1,000,000 units at $100.27.
Trading averaged 124,802 shares at $934,608 versus 408,519 shares at $2,893,526 on Wednesday and month to date, an average of 212,117 units at $1,542,996, compared with 243,186 units at $1,759,478 on the previous day. September closed with an average of 218,512 units at $1,768,691.
Transjamaican Highway led trading with 3.63 million shares for 50.2 percent of total volume followed by JMMB Group 7.35% – 2028 with 938,987 units for 13 percent of the day’s trade and Wigton Windfarm with 695,706 units for 9.6 percent market share.
The All Jamaican Composite Index dropped a hefty 4,288.27 points to close at 347,171.16, the JSE Main Index dived 4,681.02 points to close at 316,267.74 and the JSE Financial Index dipped 1.87 points to close at 69.19.
The Main Market ended trading with an average PE Ratio of 12.2. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending by August 2024.
Investor’s Choice bid-offer indicator shows 12 stocks ended with bids higher than their last selling prices and five with lower offers.
At the close, Caribbean Cement dipped 94 cents in closing at $52.80 as 8,742 shares passed through the market, Eppley Caribbean Property Fund gained $1.80 to end at $39 in an exchange of 300 stock units, First Rock Real Estate rose 64 cents and ended at $8.64 as investors exchanged 110 units, Guardian Holdings shed $60 to close at $440 in switching ownership of 1,367 stocks. Jamaica Broilers fell $1.37 to $32.50 after an exchange of 3,380 stock units, 
Jamaica Producers skidded 90 cents in closing at $18.70 after trading 25,958 shares, Jamaica Stock Exchange declined 50 cents to end at $9.40 in trading 41,071 units, JMMB Group rallied 99 cents to close at $28.49 while exchanging 72,618 stocks. Kingston Wharves popped $1.30 and ended at $31.30 after trading 1,859 stock units, NCB Financial lost $3.44 to $61.07, with 69,894 shares crossing the exchange, Pan Jamaica dropped $1.15 to $50.35 with an exchange of 4,858 units. Proven Investments increased $1.83 to end at $21.98 with traders dealing in 17,729 stocks, Seprod dipped 73 cents to close at $73.45 after a transfer of 14,380 shares and Wisynco Group fell 84 cents in closing at $17.61 with investors transferring 161,658 stock units.
In the preference segment, Jamaica Public Service 7% climbed $6.17 to $47.32 with shareholders swapping 6 units, JMMB Group 7.35% – 2028 skidded 45 cents to close at $2.55, with 938,987 stocks changing hands and 138 Student Living preference share shed $6.47 and ended at $113.85 with a transfer of 29 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market jumps on reduced trading
The Junior Market of the Jamaica Stock Exchange bounced on Thursday and clawed back a big portion of Wednesday’s loss even as declining stocks outpaced those rising nearly two to one following trading in 39 securities compared with 42 on Wednesday and ended 
with prices of just 11 rising, 20 falling and eight unchanged following 15 percent drop in the volume of stocks traded with the value 20 percent less than on Wednesday.
Investors traded 7,562,096 shares for $16,067,740 compared with 8,848,848 units at $20,102,884 on Wednesday.
Trading averaged 193,900 shares at $411,993, down from 210,687 shares at $478,640 on Wednesday with the month to date, averaging 233,148 units at $485,413 compared with 245,013 stock units at $507,609 on the previous day. September closed with an average of 220,239 units at $459,425.
One Great Studio led trading with 3.32 million shares for 43.9 percent of total volume followed by 
Jamaican Teas with 1.65 million units for 21.8 percent of the day’s trade and Lasco Distributors with 708,090 units for 9.4 percent market share.
At the close, the Junior Market Index jumped on Thursday to recover 43.90 points of the 79 drop on Wednesday to end at 3,863.19.
The Junior Market ended trading with an average PE Ratio of 10.8, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and five with lower offers.
At the close, Access Financial gained 44 cents to end at $24 with a mere 10 shares clearing the market, Blue Power skidded 20 cents to $2.70 after exchanging 3,770 stocks, CAC 2000 lost 54 cents to close at $3.81, with 81 stock units changing hands. 
Consolidated Bakeries dipped 25 cents and ended at $2.03 after a transfer of 9,451 units, Derrimon Trading dropped 10 cents in closing at $1.80, with 110,495 shares crossing the market, Dolphin Cove declined 19 cents to close trading at $16.15 with stakeholders exchanging 7,884 stocks. Fontana popped 47 cents in closing at $11.21 in switching ownership of 150,719 units, Fosrich shed 10 cents to close at $2.30 after facilitating trading of 100,964 stock units, Future Energy fell 27 cents to end at $3.38 with investors dealing in 195,646 shares. Honey Bun lost 41 cents and ended at $6.36 in an exchange of 2,523 stocks, ISP Finance rose $8.50 to end at $44 with traders dealing in 200 stock units, Lasco Distributors dropped 10 cents to close at $4.15 in an exchange of 708,090 units. 
Lasco Manufacturing shed 16 cents in closing at $4.99, following 28,710 stocks crossing the exchange and MFS Capital Partners rallied 39 cents and ended at $2.39 with shareholders swapping 122,659 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
