Junior Market’s second day of solid gains

Trading closed on the Junior Market of the Jamaica Stock Exchange Monday, with the volume of stocks traded rising 32 percent with a 27 percent greater value than on Friday after 43 securities traded similar to Friday and ending with prices of 17 rising 20, declining and six closing unchanged and sent the Junior Market Index surging 82.22 points to 4,298.75 and follows 72.17 points jump on Friday.
A total of 20,936,329 shares were traded for $79,292,490 up from 15,802,738 units at $62,557,377 on Friday.
Trading averaged 486,891 shares at $1,844,011 versus 367,506 shares at $1,454,823 on Friday with the month to date, averaging 425,481 units at $1,799,142 up from 395,129 units at 1,776,965 on the previous trading day. August closed with an average of 407,186 units at $1,330,946.
Fosrich led trading with 8.75 million shares for 41.8 percent of total volume followed by ONE on ONE Educational with 4.68 million units for 22.3 percent of the day’s trade. Dolla Financial chipped in with 1.98 million units for 9.5 percent market share and Future Energy Source ended, up with 1.14 million units for 5.5 percent of stocks trading.
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.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Access Financial popped $1.49 in closing at $25 after trading`598 shares, AMG Packaging shed 34 cents to close at $3.65 while exchanging 25,872 units, Blue Power lost 36 cents in ending at $3.12 with an exchange of 16,952 stock units. Cargo Handlers advanced 15 cents to $12.50 after a transfer of 7,161 stocks, Caribbean Cream rallied 37 cents to close at $4.37 in exchanging 112 shares, Dolphin Cove climbed 18 cents to $15.18 after swapping 101,784 stock units. Everything Fresh dipped 22 cents to $1.73 as investors exchanged 57,612 stocks, Fontana fell 27 cents in closing at $9.24 with a transfer of 306,568 units, Fosrich rose 56 cents to $4.71 after trading 8,749,441 units. Future Energy Source dropped 18 cents to close at $5.03 with investors transferring 1,143,023 stocks, General Accident declined 37 cents to $4.98 in exchanging 10,024 shares, Honey Bun gained 45 cents in closing at $7.95 after exchanging 2,972 stock units. iCreate increased 15 cents to $4.15, with 227,115 units clearing the market, Iron Rock Insurance shed 31 cents to close at $2.69 while trading 21,076 stock units, Jamaican Teas dipped 24 cents to end at $2.51, with 528,897 shares changing hands. KLE Group 0rose 27 cents to close at $2.07 after 625 stocks crossed the market, Lumber Depot declined 26 cents to $2.84, with an exchange of 102,995 shares, MFS Capital Partners climbed 54 cents to $3.75 in switching ownership of 372,138 stock units. ONE on ONE Educational gained 57 cents in closing at a record high of $2.32 in trading 4,676,141 stocks and leaving 19 million to buy on the bid at $2.32 at the close. Spur Tree Spices rallied 14 cents to $3.94, with 232,121 units crossing the exchange and Stationery and Office Supplies advanced 93 cents to $17.93 in an exchange of 110,834 stock units.
In the preference segmentCAC 2000 9.5% preference share lost 18 cents in ending at $1 and closed with 13,112 stock units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

ONE on ONE jumps 75% in 2 days

ONE on ONE Educational traded on the second day of listing with the price jumping 75 percent still leaving a bunch of orders left unfilled as trading closed on the Junior Market of the Jamaica Stock Exchange Friday, with the volume of stocks declining 15 percent and the value down 32 percent compared to Thursday, with 43 securities trading versus 44 on the immediately preceding day and ended prices of 16 rising 19 declining and eight closing unchanged.
At the close, the Junior Market Index popped sharply higher by 72.17 points to 4,216.53.
A total of 15,802,738 shares were exchanged for $62,557,377 compared to 18,573,484 units at $92,038,588 on Thursday. Trading averaged 367,506 shares at $1,454,823 compared to 422,125 shares at $2,091,786 on Thursday, with the month to date averaging 395,129 units at $1,776,965. August closed with an average of 407,186 units at $1,330,946.
Fosrich led trading with 5.19 million shares for 32.9 percent of total volume followed by Dolla Financial with 3.11 million units for 19.7 percent of the day’s trade and Future Energy Source with 971,347 units for 6.1 percent market share.
The PE Ratio, a measure of computing appropriate stock values, averages 13. 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.
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, Access Financial fell $1.79 to end at $23.51 with investors transferring 5,709 shares, AMG Packaging rose 18 cents to $3.99 in trading 5,497 units, Cargo Handlers climbed 30 cents to $12.35 after exchanging 100 stocks. Caribbean Cream gained 20 cents in closing at $4, with 6,989 stock units crossing the exchange, Caribbean Flavours dropped 10 cents to close at $1.81 trading 129,370 shares, Consolidated Bakeries lost 29 cents to close at $2.06 while exchanging 69,040 stocks. Dolla Financial rallied 14 cents in ending at $3.40 with a transfer of 3,107,896 stock units, Dolphin Cove popped $1 to end at $15, with 447,660 units changing hands, EduFocal declined 10 cents in closing at $2.51 in exchanging 890,225 stocks. Everything Fresh increased 45 cents to $1.95 in switching ownership of 153,099 stock units, Fosrich advanced 48 cents to $4.15 with 5,194,483 shares changing hands, General Accident dipped 20 cents to $5.35 as investors exchanged 165 units. Honey Bun shed 66 cents ending at $7.50 after a transfer of 43,329 shares, iCreate fell 11 cents to $4 with an exchange of 275,120 stocks, Indies Pharma shed 10 cents to close at $3, with 10,933 stock units crossing the market. JFP Limited declined 14 cents to $1.55, after trading 198,008 units, Knutsford Express increased 20 cents to end at $7.20 in an exchange of 100 stocks, Lasco Manufacturing popped 20 cents to close at $4.50, with 663,765 shares clearing the market. Lumber Depot rose 13 cents in ending at $3.10 and exchanging 435,326 units, Mailpac Group advanced 10 cents in closing at $2.50 with the swapping of 205,376 stock units, MFS Capital Partners dipped 13 cents in ending at $3.21 after trading 785,586 units. ONE on ONE Educational rallied 43 cents in closing at a record high of $1.75 in switching ownership of 139,469 shares, Spur Tree Spices dropped 12 cents to end at $3.80 with a transfer of 200,816 stocks, Stationery and Office Supplies gained $1 to close at $17, with 78,393 stock units changing hands and Tropical Battery fell 26 cents to $2.51 with an exchange of 888,206 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

ONE on ONE Educational gains 32% on debut

ONE on ONE Educational shares were listed on Monday with the price jumping 32 cents on the Junior Market of the Jamaica Stock Exchange Thursday. The market ended with the volume of stocks traded declining 68 percent and the value 48 percent lower than on Wednesday with 44 securities trading versus 45 on Wednesday and ended with prices of 15 rising, 23 declinng and six closng unchanged.
A total of 18,573,484 shares were exchanged for $92,038,588 down from 57,697,192 units at $175,364,563 on Wednesday.
Trading averaged 422,125 shares at $2,091,786 versus 1,282,160 shares at $3,896,990 on Wednesday. August closed with an average of 407,186 units at $1,330,946.
MFS Capital Partners led trading with 5.51 million shares for 29.7 percent of total volume followed by Lasco Distributors with 2.51 million units for 13.5 percent of the day’s trade, Access Financial with 1.25 million units for 6.7 percent market share and General Accident with 1.23 million units for 6.6 percent market share.
At the close, the Junior Market Index shed 23.69 points to close at 4,144.36.
The PE Ratio, a measure of computing appropriate stock values, averages 12.9. 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.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and three with lower offers.
At the close of trading, Access Financial advanced 80 cents to $25.30 with 1,247,279 shares changing hands, AMG Packaging lost 18 cents after ending at $3.81 with a transfer of 16,436 units, Cargo Handlers dropped $2.65 in closing at $12.05 with the swapping of 189,410 stocks. Consolidated Bakeries gained 15 cents to end at a 52 weeks’ high of $2.35 trading 519,882 stock units, Dolphin Cove shed 93 cents to close at $14, with 30,846 stock units crossing the exchange, Everything Fresh fell 50 cents in closing at $1.50, with 199,796 units crossing the market. Fontana popped 53 cents to close at $9.59 in switching ownership of 105,728 stocks, Fosrich increased 11 cents to $3.67 after finishing trading 537,734 shares, Future Energy Source dipped 25 cents to $5.23 while exchanging 542,775 units. General Accident climbed 55 cents to end at $5.55 after exchanging 1,231,233 stocks, Honey Bun rose 66 cents in ending at $8.16 as investors exchanged 3,891 shares, iCreate declined 11 cents in closing at $4.11 after exchanging 79,882 stock units. Indies Pharma declined 30 cents to close at $3.10, with 10,609 units changing hands, Knutsford Express rallied 14 cents to $7 with 458,751 stocks clearing the market, Lasco Manufacturing shed 10 cents to end at $4.30 with investors transferring 839,779 shares. Mailpac Group lost 20 cents to $2.40 in an exchange of 25,020 stock units, Main Event popped 70 cents to end at $7.70 after exchanging 2,450 shares, Medical Disposables rallied 17 cents to $6 in trading 50,940 stock units. ONE on ONE Educational rose 32 cents in closing at all-time high of $1.32, with 55,308 units crossing the market and tTech dropped 28 cents to close at $2.95 with an exchange of 71,226 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading jumps on Junior Market

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Trading picked up sharply on the Junior Market of the Jamaica Stock Exchange Wednesday, with the volume of stocks traded rising 122 percent and the value 147 percent more than on Tuesday, following trading in 45 securities versus 44 on Tuesday and ending with 27 rising, 14 declining and four closing unchanged.
A total of 57,697,192 shares were exchanged for $175,364,563 compared to 26,003,630 units at $71,056,138 on Tuesday. Trading averaged 1,282,160 shares at $3,896,990 versus 590,992 shares at $1,614,912 on Tuesday with the month to date, averaging 407,186 units at $1,330,946 compared to 363,535 units at $1,202,929 on the previous trading day. July closed with an average of 512,709 units at $2,574,304.
Fosrich led trading with 22.41 million shares for 38.8 percent of total volume, followed by Mailpac Group with 20.46 million units for 35.5 percent of the day’s trade, Dolla Financial with 3.33 million units for 5.8 percent market share, Spur Tree Spices with 3.16 million units for 5.5 percent market share, JFP Limited with 1.84 million units for 3.2 percent market share and Tropical Battery with 1.29 million units for 2.2 percent market share.
The Junior Market Index dipped 2.10 points at the close to 4,168.05, slightly lower than the July close of 4202.31 points. 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.
Investor’s Choice bid-offer indicator shows eight stocks ended with bids higher than their last selling prices and five with lower offers.
At the close, Access Financial shed 76 cents in ending at $24.50, trading 6,600 shares, AMG Packaging advanced 18 cents to $3.99 while exchanging 1,205 stocks, Blue Power popped 39 cents to close at $3.49 after a transfer of 50 stock units. CAC 2000 dropped $1.39 to $6 with a transfer of 114,355 units, Cargo Handlers rose 20 cents in closing at $14.70 after 9,347 shares crossed the market, Consolidated Bakeries rallied 40 cents to $2.20 with an exchange of 505,799 units. Everything Fresh increased 13 cents to end at $2 in trading 352,589 stocks, Fontana fell 28 cents to $9.06 in exchanging 113,984 stock units, Honey Bun dipped 62 cents to close at $7.50 after exchanging 17,291 shares. Indies Pharma climbed 30 cents in closing at $3.40, with 57,567 stocks clearing the market, JFP Limited gained 13 cents to close at $1.70, with 1,843,624 stock units changing hands, Lasco Manufacturing increased 11 cents to $4.40 in switching ownership of 28,965 units. Mailpac Group gained 11 cents to end at $2.60 with investors transferring 20,460,464 units, Main Event climbed 19 cents in closing at $7 after trading 3,790 stock units, Paramount Trading popped 21 cents in ending at $2.03 with the swapping of 4,896 shares and Tropical Battery rallied 18 cents to end at $2.80 after exchanging 1,287,520 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading surges on Junior Market

Trading surged on the Junior Market of the Jamaica Stock Exchange on Tuesday, with the volume of stocks traded rising 140 percent and the value 105 percent more than on Monday after 44 securities traded versus 45 on Monday, ending with prices of 22 rising, 15 declining and seven closing unchanged.
A total of 26,003,630 shares were exchanged for $71,056,138 up from 10,844,740 units at $34,617,754 on Monday. Trading averaged 590,992 shares at $1,614,912 compared to 240,994 shares at $769,283 on Monday, with the month to date, averaging 363,535 units at $1,202,929 compared to 351,870 units at $1,181,801 on the previous trading day. July closed with an average of 512,709 units at $2,574,304.
Derrimon Trading led trading with 13.85 million shares for 53.3 percent of total volume, followed by Mailpac Group with 3.63 million units for 14 percent of the day’s trade, EduFocal ended with 2.60 million units for 10 percent market share, Dolla Financial closed trading with 1.49 million units for 5.7 percent of the market and Fosrich traded 1.12 million units for 4.3 percent market share.
At the close, the Junior Market Index rose 9.03 points to settle at 4,170.15. The PE Ratio, a measure of computing appropriate stock values, averages 13. 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.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and one stock with a lower offer.
At the close, Access Financial shed $1.69 to end at $25.26 with a transfer of 1,140 shares, Blue Power lost 42 cents in closing at $3.10 after exchanging 2,241 stock units, CAC 2000 rose $1.19 to close at $7.39, with 100 stocks clearing the market. Cargo Handlers gained 50 cents to end at $14.50 in exchanging 10,000 units, Caribbean Flavours advanced 20 cents to $1.90 in trading 103,818 stock units, Consolidated Bakeries declined 51 cents to $1.80 after a transfer of 316,234 stocks. Dolphin Cove increased 43 cents in ending at $14.93 with an exchange of 239,315 units, EduFocal dipped 10 cents to $2.60 in exchanging 2,597,482 shares, Express Catering fell 19 cents in closing at $5.75, with 6,560 units crossing the exchange. Fontana rallied 36 cents to close at $9.34 while exchanging 116,720 shares, Future Energy Source climbed 19 cents in closing at $5.54 after trading at 508,180 stock units, JFP Limited popped 12 cents to $1.57 and closed with an exchange of 369,116 stocks. Knutsford Express dropped 14 cents In ending at $6.86 after trading 1,778 shares, Lumber Depot popped 18 cents to close at $2.99 in an exchange of 19,443 stocks, Mailpac Group rallied 23 cents to end at $2.49, with 3,631,869 units crossing the market. MFS Capital Partners dipped 49 cents to $3.40 with 249,570 stock units changing hands, Paramount Trading fell 21 cents to close at $1.82 with investors transferring 470 shares, Spur Tree Spices rose 17 cents to $3.93 with the swapping of 96,217 stocks. Stationery and Office Supplies increased 65 cents in closing at $15.95 as investors exchanged 11,436 stock units and tTech gained 20 cents to end at $3.23, with 286 units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading pulls back for Junior Market

Trading closed on the Junior Market of the Jamaica Stock Exchange Monday, with the volume and value of stocks traded declining modestly below that on Friday with an exchange of 45 securities versus 44 on the previous day and ended with prices of 21 rising, 20 declining and four closing unchanged.
A sum of 10,844,740 shares were traded for $34,617,754 compared to 11,228,856 units at $38,807,870 on Friday. Trading averaged 240,994 shares at $769,283 on Monday compared to 255,201 shares at $881,997 on Friday, with month to date, averaging 351,870 units at $1,181,801 compared to 358,007 units at $1,204,634 on the previous trading day. July closed with an average of 512,709 units at $2,574,304.
Mailpac Group led trading with 2.16 million shares for 19.9 percent of total volume, followed by Fosrich with 1.56 million units for 14.4 percent of the day’s trade and Dolla Financial with 1.28 million units for 11.8 percent market share.
At the close, the Junior Market Index dipped 7.26 points to 4,161.12.
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.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, AMG Packaging dropped 18 cents to $3.81, with 10,798 shares changing hands, Blue Power gained 32 cents to end at $3.52 in trading 256 stock units, CAC 2000 dived $2.05 to close at $6.20 in trading 55 units. Caribbean Assurance Brokers climbed 15 cents to $2.65 after 5,269 stocks crossed the exchange, Caribbean Cream declined 37 cents in closing at $3.88 while exchanging 17,569 shares, Consolidated Bakeries popped 32 cents to a 52 weeks’ closing high of $2.31 after trading 341,603 units. Dolphin Cove gained $1 to end at $14.50 after exchanging 114,990 stocks, Express Catering rallied 34 cents to $5.94 with the swapping of 2,928 stock units, Fontana lost 27 cents in closing at $8.98 after a transfer of 200,507 stock units. Future Energy Source fell 25 cents to $5.35 in an exchange of 835,887 units, General Accident shed 85 cents to end at $5 as investors exchanged 165,751 shares, iCreate fell 10 cents to $4.20, with 151,415 stocks clearing the market. Jamaican Teas rose 13 cents in closing at $2.71, with 249,442 stocks crossing the market, KLE Group advanced 27 cents to $2.07 with an exchange of 405 units, Knutsford Express rallied 16 cents to close at $7 with investors transferring 3,716 shares. Lasco Manufacturing lost 25 cents in ending at $4.30, trading 10,683 stock units, Medical Disposables popped 20 cents to close at $5.80, with 21,944 stock units crossing the market, MFS Capital Partners declined 11 cents in closing at $3.89 after exchanging 195,362 stocks. Stationery and Office Supplies dipped 65 cents to $15.30 in switching ownership of 2,839 shares and Tropical Battery climbed 11 cents to end at $2.70 with a transfer of 414,804 units.
In the preference segmentCAC 2000 9.5% preference share rose 18 cents to close at $1.18 in exchanging 1,972 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

138 Student Living jumps 41%, Purity 34%

Last week’s stock to watch, Everything Fresh, climbed another 12.5 percent on top of the solid 43.5 percent last week to close the week at $1.89, while Consolidated Bakeries, added to the list last week, surged 34 percent to close at $1.99 as investors aggressively sucked 837,932 shares out of the market, leaving just eight lots of stocks amounting to 71,000 units on offer.
New to the list this week is Lumber Depot, that is undervalued with good potential to expand. ONE on ONE Education Services should list soon and will enjoy a significant price hike a few days after listing.
138 Student Living delivered a 41 percent jump in the week and should move even higher in the weeks ahead, while Stationery and Office Supplies picked up a bit as some demand came in for the stock. Expect more gains in the months ahead.
Investors should continue to watch Caribbean Assurance Brokers, Caribbean Producers, Dolphin Cove, Express Catering, Guardian Holdings, Jamaica Broilers, Lasco Distributors, Lasco Manufacturing, NCB Financial and Paramount Trading.
Dolphin Cove, Caribbean Producers, Express Catering and Everything Fresh will be significant beneficiaries of the strong rebound in tourist arrivals, now back to 2019 levels.

Big bounce for Junior Market on Friday

Slightly more shares were traded at the close of the Junior Market of the Jamaica Stock Exchange on Friday, but the value fell 10 percent lower than trading on Thursday after 44 securities were traded versus 43 on Thursday prices of 17 rose, 15 declined and 12 closed unchanged.
A total of 11,228,856 shares were traded for $38,807,870 versus 10,883,378 units at $43,051,001 on Thursday. Trading averaged 255,201 shares at $881,997 compared to 253,102 shares at $1,001,186 on Thursday, with the month to date, averaging 358,007 units at $1,204,634 compared to 363,890 units at $1,223,095 on the previous trading day. July closed with an average of 512,709 units at $2,574,304.
MFS Capital Partners led trading with 4.14 million shares for 36.9 percent of total volume followed by Dolla Financial with 1.53 million units for 13.6 percent of the day’s trade and JFP Limited with 1.16 million units for 10.3 percent market share.
At the close, the Junior Market Index climbed 74.23 points to settle at 4,168.38. 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.
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, AMG Packaging climbed 21 cents to $3.99, after trading 59,740 shares, Caribbean Assurance Brokers dipped 10 cents to close at $2.50 with a transfer of 33,998 units, Consolidated Bakeries rose 22 cents in closing at a 52 weeks’ high of $1.99 with investors transferring 606,817 stock units. Dolphin Cove lost 40 cents to end at $13.50 after 134,745 stocks crossed the market, Elite Diagnostic rallied 10 cents to $3.42 with an exchange of 14,026 shares, Everything Fresh fell 10 cents to close at $1.89 after a transfer of 53,120 stock units. Express Catering increased 10 cents to $5.60 in exchanging 315,642 units, Fontana popped 30 cents to $9.25 in an exchange of 14,127 stocks, Honey Bun advanced 18 cents to end at $8.11 with 14,502 units clearing the market. iCreate gained 10 cents in closing at $4.30 in trading 315,215 stock units, Iron Rock Insurance advanced 28 cents in closing at $3, with three stocks changing hands, KLE Group dropped 30 cents to close at $1.80 while exchanging 41 shares. Lasco Manufacturing gained 27 cents to $4.55, with 2,030 shares changing hands, Limners and Bards increased 30 cents to $3.05 in switching ownership of 204,946 stocks, Medical Disposables declined 27 cents to $5.60 trading 5,311 stock units. MFS Capital Partners shed 10 cents in closing at $4 after exchanging 4,140,761 units and Stationery and Office Supplies popped $1.30 to $15.95 with an exchange of 7,726 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Junior Market may have bottomed

Trading closed on the Junior Market of the Jamaica Stock Exchange on Thursday, with the volume and the value of stocks traded rising 69 percent and 79 percent, respectively, above the outcome on Wednesday with 43 securities trading versus 41 on Wednesday and ended with 22 rising,13 declining and eight ended unchanged, leading the Junior Market Index to rally 3.73 points to close at 4,094.15. 
A total of 10,883,378 shares were exchanged for $43,051,001, compared to 6,431,868 units at $24,069,213 on Wednesday. Trading averaged 253,102 shares at $1,001,186 compared to 156,875 shares at $587,054 on Wednesday, with the month to date, averaging 363,890 units at $1,223,095 compared to 370,451 units at $1,236,238 on the previous trading day. July closed with an average of 512,709 units at $2,574,304.
MFS Capital Partners led trading with 5.14 million shares for 47.2 percent of total volume, followed by Future Energy Source with 2.10 million units for 19.3 percent of the day’s trade and Dolla Financial with 397,024 units for 3.6 percent 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.
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, AMG Packaging lost 22 cents to close at $3.78 after exchanging 32,899 shares, Cargo Handlers dropped 50 cents to end at $14, with 1,360 stock units crossing the market, Caribbean Cream climbed 40 cents in closing at $4.25 after 87 stocks changed hands. Consolidated Bakeries popped 23 cents to close at $1.77 after transferring 41,622 units, Derrimon Trading rose 11 cents after ending at $2.34, with 42,284 stock units changing hands, Dolphin Cove climbed 60 cents to $13.90 in trading 2,073 units. EduFocal gained 20 cents to end at $2.60, with 104,653 stocks clearing the market, General Accident advanced 10 cents in ending at $5.80 with investors transferring 72,678 shares, Honey Bun rallied 75 cents to close at $7.93 with a transfer of 34,847 units. Indies Pharma advanced 31 cents in closing at $3.18 with an exchange of 2,103 stocks, Jamaican Teas dipped 38 cents in closing at $2.51 while exchanging 387,400 stock units, Medical Disposables shed 75 cents to end at $5.87 in trading 622 shares. MFS Capital Partners rallied 10 cents to $4.10 after exchanging 5,135,918 shares, Spur Tree Spices rose 12 cents to close at $3.85 with 159,791 stock units changing hands and Stationery and Office Supplies climbed 55 cents in ending at $14.65 as investors exchanged 20,401 units.
In the preference segmentCAC 2000 9.5% preference share declined 20 cents to $1 with an exchange of 156 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Junior Market weakens

Starved of funds tied up in the OneonOne IPO issue, the Jamaica Stock Exchange continues to struggle with the Junior Market closing down on Wednesday and the Investor’s Choice bid-offer indicator flashing negative signs, with the volume and value of stocks traded declining 24 percent 14 percent, respectively, compared to Tuesday.
Investors ended trading 41 securities versus 42 on Tuesday and finished with 13 rising, 21 declining and seven closing unchanged, while one stock traded at a 52 weeks’ high and one at a one year low.
Investors traded 6,431,868 shares for $24,069,213 down from 8,431,893 units at $28,060,749 on Tuesday. Trading averaged 156,875 shares at $587,054 versus 200,759 shares at $668,113 on Tuesday with the month to date, averaging 370,451 units at $1,236,238 compared to 383,235 units at $1,275,094 on Tuesday the previous trading day. July closed with an average of 512,709 units at $2,574,304.
Future Energy Source led trading with 1.49 million shares for 23.1 percent of total volume, followed by Dolla Financial with 1.38 million units for 21.5 percent of the day’s trade and Everything Fresh with 701,381 units for 10.9 percent market share.
At the close, the Junior Market Index dropped 29.23 points to 4,090.42. The PE Ratio, a measure of computing appropriate stock values, averages 12.4. 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.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and seven with lower offers.
At the close, AMG Packaging rose 34 cents to $4, finishing at 11 shares, CAC 2000 gained $1.70 after ending at $8.25 in trading 63 stock units, Caribbean Cream fell 10 cents to close at a 52 weeks’ low of $3.85, with 16,553 stocks units changing hands. Dolphin Cove dipped 65 cents in closing at $13.30 with a transfer of 158,429 units, EduFocal lost 20 cents to end at $2.40 after an exchange of 62,812 stocks, Everything Fresh popped 18 cents in closing at a 52 weeks’ high of $1.96, with 701,381 stock units crossing the exchange. Express Catering advanced 29 cents to $5.50 after 6,500 units changed hands, Fosrich declined 12 cents to close at $3.53 with investors transferring 265,001 shares, Honey Bun shed 92 cents to end at $7.18 as investors exchanged 5,718 units. Indies Pharma dropped 33 cents in ending at $2.87 after trading 6,705 shares, Iron Rock Insurance declined 27 cents to end at $2.73 in trading 1,117 stock units, Knutsford Express dipped 19 cents to $6.75 in exchanging 3,228 stocks. Main Event fell 97 cents to close at $6.80 in switching ownership of 20,708 units, Medical Disposables lost 28 cents in ending at $6.62 with an exchange of 244 stocks, MFS Capital Partners dipped 16 cents in closing at $4 after exchanging 117,585 shares. Paramount Trading rallied 14 cents to close at $1.94 with the swapping of 3,065 stock units and Stationery and Office Supplies shed $2 to $14.10 after transferring 15,743 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.