The 3,800 Junior Market index barrier was crossed at the close of trading on Monday, after a mild decline in the volume of stocks traded, but with 23 percent greater value than on Friday with investors trading 46 securities compared with 47 on Friday and ending with prices of 15 rising, 20 declining and 11 closing unchanged, but closing bids and offers suggest that the market could fall below the barrier on Tuesday.
The market closed with an exchange of 5,320,099 shares for $13,969,282 compared with 5,395,966 units at $11,327,944 on Friday.
Trading averaged 115,654 shares at $303,680, up from 114,808 units at $241,020 on Friday with the month to date, averaging 183,124 units at $438,290 compared to 218,797 stock units at $509,463 on the prior trading day and January with an average of 175,081 units at $401,738.
Spur Tree Spices led trading with 1.21 million shares for 22.8 percent of total volume followed by EduFocal with 566,845 units for 10.7 percent of the day’s trade and Future Energy with 387,681 stock units for 7.3 percent market share.
At the close of trading, the Junior Market Index gained 11.44 points to lock up trading at 3,810.21.
The Junior Market ended trading with an average PE Ratio of 13.5, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending around August 2024.
Investor’s Choice bid-offer indicator shows one stock ended with the highest bid higher than the last selling price and six with lower offers.
At the close, AMG Packaging dipped 30 cents to end at $2.63 as investors traded 1,843 shares, Cargo Handlers climbed $1.46 to $14.63, in trading 4,201 units, Caribbean Assurance Brokers sank 38 cents in closing at $2.09 with an exchange of a mere 1,902 shares. Consolidated Bakeries rose 22 cents to end at $2.22 after 359 stock units passed through the market, Derrimon Trading dipped 8 cents and ended at $2 with investors exchanging 32,813 shares, Everything Fresh lost 18 cents to end at $1.47, with 5,034 stock units crossing the market. Future Energy skidded 8 cents to end at $3.62 after an exchange of 387,681 units, Honey Bun gained 9 cents in closing at $6.49 with investors dealing in 2,782 stocks, Indies Pharma popped 12 cents and ended at $2.81 with 1,008 shares crossing the exchange. 
ISP Finance increased 50 cents to close at $31.50 with investors trading 10,066 stock units, Knutsford Express advanced $1.30 to $12.40, with 1,052 units changing hands, Lasco Financial fell 22 cents to close at $2.09 and closed with an exchange of 85,754 stocks. Lasco Manufacturing shed 17 cents to end at $4.75, with 194,615 units crossing the market, Limners and Bards declined 9 cents in closing at $1.40 after an exchange of 48,145 stocks, Lumber Depot rallied 10 cents and ended at $2.60 with investors transferring 209 shares. Mailpac Group lost 10 cents to $2.12 in an exchange of 77,255 stock units, MFS Capital Partners popped 12 cents and ended at $2.42 with traders dealing in 74,374 shares, Regency Petroleum skidded 11 cents in closing at $2.23 after a transfer of 48,449 stocks and Stationery and Office Supplies advanced 11 cents to end at $1.60, with trading in 340,288 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
ICTOP10 Scotia Group jumps 20% in 2024
Scotia Group with the supply of the stock increasingly falling, with only 14 offers posted at the close on Friday the stock price jumped 14 percent this past week to a multi-year high of $46, for a gain of 20 percent since the start of the year and 25 percent since the publication on December 17 of “Why
Scotia Group Broke through the channel top on Friday following limited selling in the stock.
Scotia Group should be on your buy list”.
Despite the move, the stock remains in the ICTOP10 with much upside potential, but the price broke through the top of a channel, formed in late November. This coming week may determine whether the price will move decidedly higher to confirm if the break is sustainable.
Elsewhere, TransJamaican, a former 2024 TOP10 stock has gone on to record several record highs during the past week and traded at a record $3.30 and is up 86 percent plus a dividend that represented an 11 percent return since ICInsider.com placed it on the Watch list in April last year, when the price was S1.77.
During the past week, the Main and the Junior markets gained over one percent, led by Scotia Group as the leading market mover, with AMG Packaging following with a 13 percent rise. General Accident was the leading declining stock, down by 11 percent in a week when only four stocks declined in both markets.
The markets closed with no addition to the ICInsider.com TOP 10 stocks.
For the full list of weekly percentage changes for the ICTOP10 stocks, check the attached charts that now carry a column of the weekly percentage price movements.
The average PE for the JSE Main Market ICTOP 10 stands at 5.3, well below the market average of 13.7 and the Junior Market TOP10 sits at 7.4, just over half of the market, with an average of 13.5
The Main Market ICTOP10 is projected to gain an average of 288 percent by May 2024, based on 2023 forecasted earnings, providing better values than the Junior Market with the potential to gain 175 percent over the same time frame.
In the Main Market ICTOP 10, a total of 15 of the most highly valued stocks representing 31 percent of the Main Market are priced at a PE of 15 to 110, with an average of 31 and 21 excluding the highest PE ratios, and a PE of 25 for the top half and 18 excluding the stocks with overweight values.
In the Junior Market IC TOP10 are 13 stocks, or 27 percent of the market, with PEs ranging from 15 to 47, averaging 22, well above the market’s average. The top half of the market has an average PE of 19, possibly the lowest fair value for stocks, currently.
Of great import is that the averages of both markets are now converging around a PE of 20 for close to a third of the market, as the year is coming to a close and with more information available on the full year’s earnings.
ICTOP10 focuses on likely yearly winners, accordingly, the list includes some of the best companies in the market, but this is not always so. 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 will likely deliver the best returns on or around 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.
Junior Market rises as falling stocks dominate
All 47 securities that were available to trade were active in the Junior Market on friday, up from 40 on Thursday, with trading ending with prices of 15 rising, 21 declining and 11 closing unchanged with trading closing with a 60 percent decline in the volume of stocks traded, with 66 percent less value than on Thursday.
Trading ended on Friday with 5,395,966 shares for $11,327,944 compared with 13,639,370 stock units for $32,995,315 on Thursday.
Trading averaged 114,808 shares at $241,020, compared with 340,984 units at $824,883 on Thursday with trading for the month to date averaging 218,797 units at $509,463 compared to January with an average of 175,081 units at $401,738.
One Great Studio led trading with 1.36 million shares for 25.2 percent of total volume followed by Lasco Distributors with 930,104 units for 17.2 percent of the day’s trade and ONE on ONE Educational with 639,673 units for 11.9 percent market share.
At the close of trading, the Junior Market Index popped 20.28 points to settle at 3,798.77.
The Junior Market ended trading with an average PE Ratio of 13.6, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending around 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, Blue Power dipped 40 cents to close at $3, with 1,413 shares crossing the market, Cargo Handlers dropped $1.75 to $13.17 with an exchange of 957 stock units, Caribbean Assurance Brokers advanced 23 cents to $2.47 with an exchange of 22,951 shares. Consolidated Bakeries skidded 22 cents to close at $2 with investors swapping a mere 2,044 stock units, Derrimon Trading popped 22 cents to end at $2.08, with 15,750 shares crossing the exchange, Dolphin Cove climbed 80 cents to close at $19 with investors transferring 2,137 stocks. Elite Diagnostic rose 11 cents to close at $1.64 after 848 stocks crossed the market, Everything Fresh fell 12 cents in closing at $1.65 while exchanging 10,092 units, Fontana declined 10 cents to end at $10.40 with investors trading 7,265 stocks. Fosrich rallied 15 cents and ended at $2.25 with 276,639 units clearing the market, Future Energy increased 15 cents to $3.70 as investors exchanged 52,544 shares, ISP Finance gained $10.70 to close at $31 in switching ownership of 2,993 stock units. 
JFP Ltd shed 9 cents to end at $1.37 with traders dealing in 111,886 shares, Knutsford Express dropped $1.30 in closing at $11.10 in an exchange of just 1,192 stock units, Lasco Financial popped 17 cents and ended at $2.31 as 8,571 stock units passed through the market. Limners and Bards rallied 16 cents to $1.49 in an exchange of 23,903 units, Mailpac Group rose 11 cents and ended at $2.22, with 6,188 shares changing hands, Main Event sank 88 cents to close at $15.12 in trading a mere 80 stocks and Regency Petroleum climbed 13 cents in closing at $2.34 after an exchange of 42,530 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market drops at start of February
Trading closed on the Junior Market of the Jamaica Stock Exchange Thursday, with the volume of stocks traded declining marginally, as 12 percent dollars passed through the market on Wednesday with trading in 40 securities compared with 46 on Wednesday and ending with prices of 12 rising, 21 declining and seven closing unchanged.
The market closed on Thursday with 13,639,370 shares being traded for $32,995,315 versus 13,718,596 units that were exchanged for $29,550,137 on Wednesday.
Trading averaged 340,984 shares at $824,883 compared to 298,230 units at $642,394 on Wednesday and January with an average of 175,081 units at $401,738.
Stationery and Office Supplies led trading with 2.92 million shares for 21.4 percent of total volume followed by EduFocal with 2.67 million units for 19.6 percent of the day’s trade, MFS Capital Partners chipped in with 2.55 million stock units for 18.7 percent market share and Lasco Manufacturing ended with 2.20 million shares for 16.1 percent of total volume.
At the close of trading, the Junior Market Index dipped 35.69 points to culminate at 3,778.49.
The Junior Market ended trading with an average PE Ratio of 13.4, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending around August 2024.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and six with lower offers.
At the close, AMG Packaging popped 30 cents and ended at $2.92 with an exchange of 20,648 units, Cargo Handlers advanced $1.92 to $14.92 with 50 stocks clearing the market, Caribbean Flavours rose 10 cents to $1.66 after an exchange of 1,000 shares. Derrimon Trading lost 24 cents to end at $1.86, with 164,017 stock units crossing the exchange, Dolphin Cove dropped 80 cents to close at $18.20 after trading of 120 shares, Elite Diagnostic sank 11 cents to $1.53 after 84,370 stocks passed through the market. Fontana rallied 30 cents to end at $10.50 as investors exchanged 61,643 units, Fosrich dipped 37 cents in closing at $2.10 after a transfer of 651,488 stock units, Future Energy fell 15 cents to close at $3.55, with 209,533 shares crossing the market. Honey Bun increased 28 cents and ended at $6.40 in an exchange of 2,340 stock units, Indies Pharma declined 25 cents to $2.70 with investors swapping 118,087 units, Jamaican Teas shed 20 cents to close at $2.50 with a transfer of just 52 stocks. 
Lasco Distributors climbed 10 cents and ended at $4.10 after an exchange of 125,228 units, Lasco Manufacturing gained 17 cents and closed at $4.92 with investors trading 2,202,375 shares, Lumber Depot skidded 8 cents to end at $2.52, with 150,776 stock units changing hands. Mailpac Group fell 16 cents to $2.11 after investors ended trading of 255,522 stocks, Main Event rose 96 cents to end at $16 while exchanging 10 units, MFS Capital Partners skidded 38 cents in closing at $2.32 with traders dealing in 2,546,621 shares. ONE on ONE Educational lost 14 cents to close at 93 cents in switching ownership of 145,540 stocks, Regency Petroleum dropped 19 cents and ended at $2.21 after exchanging 253,645 stock units, Spur Tree Spices shed 38 cents to $2.50 with investors dealing in 66,592 shares and Stationery and Office Supplies declined 24 cents to end at $1.45, with 2,924,503 stock units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market surges to end January trading
The Junior Market of the Jamaica Stock Exchange Wednesday, closed January with a bounce in the market index with a rise of 57.59 points to close at 3,814.18, down 0.9 percent for the month as market activity leading to a 131 percent rise in the volume of stocks traded, valued 117 percent more than Tuesday, following trading in 46 securities the same as on Tuesday and ending with prices of 28 rising, seven declining and 11 closing unchanged.
The market closed with trading of 13,718,596 shares for $29,550,137 up from 5,951,560 units at $13,607,459 on Tuesday.
Trading averaged 298,230 shares at $642,394 compared with 129,382 units at $295,814 on Tuesday with the month to date, averaging 175,081 units at $401,738 compared to 168,716 stock units at $389,300 on the previous day and December with an average of 466,866 units at $1,111,272.
Fosrich led trading with 3.20 million shares for 23.3 percent of total volume followed by ONE on ONE Educational with 2.72 million units for 19.8 percent of the day’s trade, Stationery and Office Supplies ended with trading in 1.45 million stocks for 10.6 percent market share and Derrimon Trading ended with 1.08 million shares for 7.9 percent of total volume.
At the close of trading, the Junior Market ended trading with an average PE Ratio of 13.8, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending around August 2024.
Investor’s Choice bid-offer indicator shows 12 stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Access Financial rallied 67 cents to end at $22.67 with an exchange of 14,402 shares, AMG Packaging dropped 31 cents to $2.62, with 2,450 stocks crossing the market, Cargo Handlers sank $1.92 and ended at $13 after a transfer of 128 shares. Consolidated Bakeries increased 24 cents to close at $2.22, with 11 stock units crossing the market, Derrimon Trading popped 14 cents in closing at $2.10 with traders dealing in 1,082,943 shares, Dolla Financial climbed 10 cents to $2.70 in an exchange of 69,928 units. Dolphin Cove rose 40 cents to close at $19 after 18,173 stocks passed through the market, Everything Fresh advanced 20 cents to end at $1.75 after an exchange of 647,102 stock units, Fontana dipped 30 cents in closing at $10.20 with investors transferring 38,233 shares. Fosrich gained 17 cents and ended at $2.47 in an exchange of 3,195,839 stock units, Future Energy rose 28 cents to $3.70 after trading of 582,452 stocks, Honey Bun fell 28 cents to close at $6.12 while exchanging 23,979 units. 
Jamaican Teas rallied 30 cents to $2.70 after investors swapped 547,820 stocks, JFP Ltd declined 9 cents to end at $1.41, with 132,472 units crossing the exchange, Knutsford Express increased 10 cents to $12.40 with investors dealing in 89,197 shares. Lasco Distributors climbed 15 cents in closing at $4 in switching ownership of 243,602 stock units, Lasco Financial popped 14 cents to $2.14 with investors trading 21,632 shares, Limners and Bards advanced 24 cents to end at $1.35 with 175,252 stock units clearing the market. Lumber Depot gained 9 cents to close at $2.60 after 344,827 stock units changed hands, ONE on ONE Educational popped 13 cents and ended at $1.07 in trading 2,718,438 units, Regency Petroleum rallied 14 cents to $2.40 after exchanging 122,133 shares. Spur Tree Spices rose 40 cents to end at $2.88 with a transfer of 597,416 units, Stationery and Office Supplies climbed 24 cents in closing at $1.69 as investors exchanged 1,451,254 stocks and Tropical Battery increased 20 cents and ended at $2.40, 621,608 stock units with changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market falls again on Monday
Trading closed on the Junior Market of the Jamaica Stock Exchange Monday, with a 68 percent decline in the volume of stocks traded, following a 71 percent drop in value, with trading in 46 securities compared with 45 on Friday and ending with prices of 16 rising, 16 declining and 14 closing unchanged.
The main market closed with trading of 4,269,036 shares for $8,694,142 down from 13,178,824 units at $30,106,364 on Friday.
Trading averaged 92,805 shares at $189,003 compared to 292,863 units at $669,030 on Friday with a month to date average of 170,860 stock units at $394,395 compared to 175,359 stocks at $406,235 previously and December with an average of 466,866 units at $1,111,272.
One Great Studio led trading with 1.06 million shares for 24.8 percent of total volume followed by Dolla Financial with 548,477 units for 12.8 percent of the day’s trade and Jetcon Corporation with 301,021 units for 7.1 percent market share.
At the close of trading, the Junior Market Index dipped 24.13 points to wrap-up trading at 3,735.24.
The Junior Market ended trading with an average PE Ratio of 13.3, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending around August 2024.
Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Access Financial fell $3.60 and ended at $20.36 after an exchange of 5,776 stock units, Blue Power climbed 25 cents to $3.45 and closed with an exchange of 2,509 shares, Cargo Handlers skidded $2.87 to close at $12.03 after a transfer of 3,187 units. Caribbean Cream popped 10 cents in closing at $3.89, with 20 stocks crossing the exchange, Fontana sank 24 cents to end at $10.20 in switching ownership of 90,478 units, Future Energy dropped 8 cents in closing at $3.36, with 162,670 stocks clearing the market. Indies Pharma shed 21 cents to close at $2.69 in an exchange of 6,769 shares, Iron Rock Insurance rallied 9 cents to close at $2.51, with 30 stock units crossing the market, 
ISP Finance lost $1.99 and ended at $20.30 while exchanging 5,033 shares. KLE Group increased 21 cents to end at $2.46 in trading 21 stocks, Lasco Distributors declined 19 cents in closing at $3.80 after 29,816 units passed through the market, Limners and Bards rose 9 cents to $1.29, after trading at an intraday 52 weeks’ low of $1.13 with 115,607 stock units changing hands. Mailpac Group advanced 10 cents and ended at $2.38 as investors exchanged 219,323 shares, Main Event dipped $2 to end at $15 with a transfer of 16,479 stocks, Regency Petroleum gained 22 cents to close at $2.37 after exchanging 39,571 units and tTech popped 22 cents to $2.50 with investors dealing in 25,000 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market falls again on Monday
Trading closed on the Junior Market of the Jamaica Stock Exchange Monday, with a 68 percent decline in the volume of stocks traded, following a 71 percent drop in value, with trading in 46 securities compared with 45 on Friday and ending with prices of 16 rising, 16 declining and 14 closing unchanged.
The main market closed with trading of 4,269,036 shares for $8,694,142 down from 13,178,824 units at $30,106,364 on Friday.
Trading averaged 92,805 shares at $189,003 compared to 292,863 units at $669,030 on Friday. Trading for the month to date, averages 170,860 units at $394,395 compared with 175,359 stocks at $406,235 on the previous trading day and December that ended with an average of 466,866 units at $1,111,272.
One Great Studio led trading with 1.06 million shares for 24.8 percent of total volume followed by Dolla Financial with 548,477 units for 12.8 percent of the day’s trade and Jetcon Corporation with 301,021 units for 7.1 percent market share.
At the close of trading, the Junior Market Index dipped 24.13 points to wrap up trading at 3,735.24.
The Junior Market ended trading with an average PE Ratio of 13.3, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending around August 2024.
Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Access Financial fell $3.60 and ended at $20.36 after an exchange of 5,776 stock units, Blue Power climbed 25 cents to $3.45 and closed with an exchange of 2,509 shares, Cargo Handlers skidded $2.87 to close at $12.03 after a transfer of 3,187 units. Caribbean Cream popped 10 cents in closing at $3.89, with 20 stocks crossing the exchange, Fontana sank 24 cents to end at $10.20 in switching ownership of 90,478 units, Future Energy dropped 8 cents in closing at $3.36, with 162,670 stocks clearing the market. Indies Pharma shed 21 cents to close at $2.69 in an exchange of 6,769 shares, Iron Rock Insurance rallied 9 cents to close at $2.51, with 30 stock units crossing the market, ISP Finance lost $1.99 and ended at $20.30 while exchanging 5,033 shares. KLE Group increased 21 cents to end at $2.46 in trading 21 stocks, 
Lasco Distributors fell by 19 cents in closing at $3.80 after 29,816 units passed through the market, Limners and Bards rose 9 cents to $1.29, after trading at an intraday 52 weeks’ low of $1.13 with 115,607 stock units changing hands. Mailpac Group advanced 10 cents and ended at $2.38 as investors traded 219,323 shares, Main Event dipped $2 to $15 after a transfer of 16,479 stock units, Regency Petroleum gained 22 cents to close at $2.37 after exchanging 39,571 units and tTech popped 22 cents to $2.50 with investors dealing in 25,000 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Positive moves for ICTOP10
At the end of the past week, the Main Market moved within less than one percent for the year’s highest close as the market is showing bullish signs. The junior Market closed the week higher than the close of the previous week but the market closed with the ICInsider.com TOP 10 stocks remaining unchanged.
Two stocks with a notable gain in the Junior Market TOP 10 are Caribbean Cream rising 11 percent to close at $3.79 and Express Catering rose 10 percent to $3.96. AMG Packaging skidded 18 percent to close at $2.60. In the Main Market, there were three stocks with outsize movements. 138 Student Living jumped 19 percent to $4.15 followed by a 13 percent rise respectively for General Accident to $5.35 and Margaritaville to $17.50.
For the full list of percentage changes for the week for the ICTOP10 stocks, check the attached charts that now show a column of the weekly price movements.
The average PE for the JSE Main Market ICTOP 10 stands at 5.2, well below the market average of 13.4 and the Junior Market TOP10 sits at 7.2, just over half of the market, with an average of 13.4
The Main Market ICTOP10 is projected to gain an average of 294 percent by May 2024, based on 2023 forecasted earnings, providing better values than the Junior Market with the potential to gain 181 percent over the same time frame.
In the Main Market ICTOP 10, a total of 14 of the most highly valued stocks representing 29 percent of the Main Market are priced at a PE of 15 to 108, with an average of 32 and 22 excluding the highest PE ratios, and a PE of 25 for the top half and 18 excluding the stocks with overweight values.
In the Junior Market IC TOP10 are 14 stocks, or 29 percent of the market, with PEs ranging from 15 to 48, averaging 21, well above the market’s average. The top half of the market has an average PE of 18, possibly the lowest fair value for stocks, currently.
Of great import is that the averages of both markets are now converging around a PE of 20 for close to a third of the market, as the year is coming to a close and with more information available on the full year’s earnings.
ICTOP10 focuses on likely yearly winners, accordingly, the list includes some of the best companies in the market, but this is not always so. 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 will likely deliver the best returns on or around 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.
Pull back for Junior Market
Trading closed on the Junior Market of the Jamaica Stock Exchange Friday, with the Junior Market Index declining 42.00 points to finish at 3,759.37, after a 501 percent rise in the volume of stocks traded at 364 percent greater value than for the previous day with trading in 45 securities compared with 38 on Thursday and ending with prices of 19 rising, 17 declining and nine closing unchanged.
The market closed with trading of 13,178,824 shares for $30,106,364 up from 2,193,612 units at $6,494,237 on Thursday.
Trading averaged 292,863 shares at $669,030, compared with 57,727 stock units at $170,901 on Thursday with the month to date, averaging 175,359 units at $406,235 compared to 168,337 stock units at $390,530 on the previous day and December with an average of 466,866 units at $1,111,272.
Mailpac Group led trading with 4.76 million shares for 36.1 percent of total volume followed by Dolla Financial with 1.45 million units for 11 percent of the day’s trade, Stationery and Office Supplies with 1.36 million units for 10.3 percent market share, Regency Petroleum ended with 1.27 million units for 9.7 percent market share and One Great Studio closed the week with 1.14 million units for 8.7 percent of total volume.
At the close of trading, the Junior Market ended trading with an average PE Ratio of 13.4, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending around August 2024.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, AMG Packaging dipped 35 cents in closing at $2.60, with 126,303 stock units crossing the market, Blue Power fell 10 cents to $3.20 after trading of 62,490 shares, Caribbean Assurance Brokers advanced 19 cents to end at $2.24, with 524,434 units changing hands. Caribbean Cream rose 34 cents to close at $3.79 with investors swapping a mere 331 stocks, Consolidated Bakeries climbed 18 cents and ended at $2.18 in switching ownership of 50 units, Derrimon Trading popped 8 cents to $1.98 after an exchange of 48,820 stocks. Dolla Financial skidded 15 cents in closing at $2.50 with a transfer of 1,449,271 shares, Dolphin Cove lost 40 cents and ended at $18.60 with investors dealing in 785 stock units, EduFocal dropped 8 cents to end at $1.40 in an exchange of 578,590 shares. Express Catering gained 11 cents to close at $3.96, after 56,268 units crossed the market, Fontana sank 6 cents to $10.44 in an exchange of 164,684 stocks, Indies Pharma rallied 20 cents to close at $2.90 with traders dealing in 15,330 stock units. 
Iron Rock Insurance increased 32 cents and ended at $2.42 with 449 shares crossing the exchange, Jetcon Corporation popped 9 cents in closing at 91 cents with investors transferring 180 units, Lasco Financial shed 9 cents to end at $2, with 39,484 stocks clearing the market. Lasco Manufacturing declined 19 cents in closing at $4.75 while exchanging 10,206 stock units, Limners and Bards fell 10 cents to $1.20 and closed after an exchange of 22,140 shares, after hitting a 52 weeks’ low of $1.18, Mailpac Group advanced 25 cents to close at $2.28 with an exchange of 4,759,366 units. MFS Capital Partners rose 5 cents to end at $2.70 after 115,705 stocks passed through the market, Regency Petroleum dropped 23 cents and ended at $2.15 as investors exchanged 1,274,321 stock units, Spur Tree Spices rallied 13 cents to $2.58 in trading 111,801 shares and Stationery and Office Supplies increased 13 cents to close at $1.56 after a transfer of 1,359,144 stock units following a fall of the stock to a 52 weeks’ low of $1.41.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market clears 3,800 mark on Thursday
The Junior Market of the Jamaica Stock Exchange surged higher on Thursday, with the Junior Market Index climbing 75.77 points to close at 3,801.37, the second time for the month that it closed above 3,800 points for the year to date,
with the volume of stocks traded declining 8 percent, with an 11 percent lower value than on Wednesday, following trading in 38 securities compared with 44 on Wednesday with prices of 15 rising, 12 declining and 11 closing unchanged.
Trading ended with 2,193,612 shares for $6,494,237 down from 2,371,932 units at $7,325,090 on Wednesday.
Trading averaged 57,727 shares at $170,901 compared to 53,908 units at $166,479 on Wednesday with a month to date average of 168,337 units at $390,530 compared to 174,216 stock units at $402,203 on the previous day and December with an average of 466,866 units at $1,111,272.
Future Energy led trading with 349,804 shares for 15.9 percent of total volume followed by Stationery and 
Office Supplies with 339,937 units for 15.5 percent of the day’s trade and Mailpac Group with 299,144 units for 13.6 percent market share.
At the close of trading, the Junior Market ended trading with an average PE Ratio of 13.3, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending around August 2024.
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 popped 76 cents to close at $23.96 after an exchange of 193 stock units, AMG Packaging dropped 17 cents to $2.95 with investors transferring 76 shares, Cargo Handlers advanced $1.82 to end at $14.90, with 165 units crossing the market. Dolla Financial rose 7 cents in closing at $2.65 in an exchange of 223,937 stocks, EduFocal climbed 7 cents and ended at $1.48, with 114,258 units changing hands, Express Catering increased 12 cents to $3.85 after a transfer of 54,730 stocks. 
Fosrich sank 6 cents to close at $2.29 in trading 24,461 shares, Honey Bun rallied 14 cents to end at $6.26 with 2,676 stock units clearing the market, ISP Finance gained 7 cents in closing at $22.29 with a transfer of 676 shares. KLE Group lost 22 cents and ended at $2.25 while exchanging 53,296 stock units, Lasco Manufacturing popped 33 cents to $4.94 in switching ownership of 4,914 units, Limners and Bards gained 10 cents in closing at $1.30 with investors swapping just one stock. Regency Petroleum rose 8 cents to end at $2.38 with an exchange of 31,412 shares and Stationery and Office Supplies fell 12 cents to close at $1.43 after an exchange of 339,937 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
