Trading on the Junior Market surged on Thursday, with the market Index jumping 70.26 points to 3,941.38 at the close almost wiping out the 76 percent loss on Wednesday as the volume of stocks traded jumped 64 percent above Wednesday’s level, with 59 percent more funds entering the market than the prior day.
A total of 42 securities traded on Thursday versus 40 on Wednesday and ended with 25 rising, 13 declining and four closing unchanged.
The PE Ratio, a measure used in computing stock values, averages 18.9. The PE ratio of each stock in the chart below is based on ICInsider.com earnings forecast for companies with financial years up to August 2022.
Overall, 25,403,714 shares traded for $100,810,194 compared to 15,506,157 units at $63,400,100 on the Wednesday. Future Energy Source led trading with 6.15 million shares for 24.2 percent of total volume, followed by Indies Pharma with 5.05 million units for 19.9 percent of the day’s trade and Tropical Battery with 3.27 million units for 12.9 percent market share, Lumber Depot with 2.22 million units for 8.7 percent market share,
Spur Tree Spices traded 1.95 million units for 7.7 percent market share and Blue Power exchanged 1.45 million units for 5.7 percent market share.
Trading on Thursday averaged 604,850 shares at $2,400,243 up from 387,654 shares at $1,585,002 on Wednesday, with month to date, averaging 554,657 units at $2,686,206, versus 546,122 units at $2,734,831 on the preceding day. February closed with an average of 370,064 units at $1,402,517.
Investor’s Choice bid-offer indicator shows one stock ended with the bid higher than the last selling price and three stocks with lower offers.
At the close, Access Financial rallied $1.55 to $21.25 with an exchange of 263 shares, AMG Packaging dropped 12 cents to end at $3.06, with 13,172 stock units clearing the market, Cargo Handlers rose $2.17 in closing at a 52 weeks’ high of $12.10 after trading 26,969 units. Dolphin Cove lost 50 cents to close at $23, with 105,931 stocks changing hands, Express Catering gained 12 cents in ending at $5.27 after exchanging 141,019 stock units, Fontana climbed 20 cents in closing at $10 after 156,915 stocks changed hands. Fosrich advanced $1 to close at $16 with the swapping of 114,600 shares, Future Energy Source increased $1.13 to $6.41, with 6,153,347 units crossing the market, General Accident popped 10 cents to end at $6.20 trading 20 stock units.
Honey Bun rallied 14 cents to $8.90 in trading 14,224 units,Indies Pharma shed 18 cents in closing at $3 in switching ownership of 5,049,965 stocks, Iron Rock Insurance rose 21 cents to close at $3.31 after 290 shares crossed the exchange. ISP Finance gained $1.34 to end at $26.34 after exchanging 200 shares, Jamaican Teas declined 19 cents to end at $3.50 while exchanging 211,656 stock units, Knutsford Express fell 10 cents to $7.90 after trading 9,694 stocks. Limners and Bards fell 14 cents to $3.44 after 10,795 units crossed the market, Main Event advanced 10 cents to $7.20 in an exchange of 107,369 stocks and tTech climbed 24 cents after ending at $4.25 with the swapping of 241 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The facility is a five years corporate bond to be listed on the Private Market of the Jamaica Stock Exchange, with NCB Capital Markets acting as Arranger. The proceeds will be utilized including working capital, operating expenses and capital expenditure related to the expansion of its dealership network and service station footprint and funding the entry into the consumer cooking gas and LPG market.
Forty securities traded on Wednesday against 41 on Tuesday and ended with 19 rising, 13 declining and eight closed unchanged.
At the close, Access Financial fell $1.55 in closing at $19.70, with 77,354 shares crossing the market, AMG Packaging popped 10 cents to $3.18 after an exchange of 744 stock units, Cargo Handlers gained 83 cents to close at 52 weeks’ closing high of $9.93 while exchanging 36,059 units but traded at an intraday high of $10.72. Caribbean Assurance Brokers rallied 13 cents to $2.30 with the swapping of 12,177 stocks, Caribbean Cream increased 15 cents to $4.82, with 3,600 stocks changing hands, Dolphin Cove rose $1.15 to $23.50, with 183,677 shares crossing the market. Everything Fresh popped 15 cents to end at $1.15 after exchanging 19,852 units, Express Catering advanced 10 cents in ending at $5.15 after trading 74,680 stock units, Fontana rose 18 cents to close at $9.80 with an exchange of 142,369 stock units. Future Energy Source dropped 22 cents in closing at $5.28 trading 3,637,389 shares, ISP Finance plunged $5 to close at $25 in an exchange of 634 units, Jamaican Teas advanced 13 cents in closing at $3.69 after trading 479,945 stocks. KLE Group shed 51 cents to end at $2.25, with 6,000 stock units clearing the market, Knutsford Express rallied 10 cents to $8 with an exchange of 10,000 shares, Lasco Distributors increased 12 cents to $3.50 in switching ownership of 5,100 stocks.
Main Event gained 39 cents to close at $7.10 in trading 143,281 units, Paramount Trading climbed 21 cents to $1.82 in exchanging 6,010 shares, Spur Tree Spices lost 19 cents to end at $3.98 in exchanging 2,940,031 stock units. Tropical Battery popped 19 cents in ending at $2.19 with 3,483,706 stocks changing hands and tTech dropped 24 cents in closing at $4.01 with 1,870 units clearing the market.
At the close, AMG Packaging fell 11 cents to $3.08, with 40,712 shares crossing the market, Cargo Handlers climbed 32 cents ending at a 52 weeks’ closing high of $9.10 with an exchange of 93,674 stocks, Caribbean Assurance Brokers lost 32 cents in closing at $2.17 with the swapping of 449,141 units. Caribbean Cream fell 58 cents to close at $4.67 in exchanging 21,323 stock units, Derrimon Trading dropped 39 cents to end at $2.50 with 773,805 shares changing hands, Dolphin Cove shed $2.15 to close at $22.35 in trading 164,452 stocks. Express Catering fell 20 cents to $5.05 after 68,769 stock units crossed the market, Fontana dropped 26 cents to end at $9.62, with 127,490 units changing hands, Fosrich dropped $2.10 in closing at $15 while exchanging 26,073 units. Future Energy Source shed $1 in ending at $5.50 with an exchange of 5,690,194 stocks, General Accident declined 10 cents to close at $6.10 with 24,395 shares clearing the market, Honey Bun declined 20 cents to $8.70 after exchanging 73,071 stock units. Iron Rock Insurance shed 31 cents in closing at $3.10 after trading 2 units, Knutsford Express dipped 10 cents to $7.90 in switching ownership of 110 stock units, Lasco Distributors fell 17 cents to $3.38 after trading 39,863 shares. Lasco Manufacturing lost 16 cents to close at $4.29 in trading 220,198 stocks, Limners and Bards declined 10 cents in closing at $3.60 in an exchange of 121,754 stock units, Lumber Depot shed 20 cents to end at $3.90, with 1,531,194 stocks crossing the market.
Mailpac Group rose 11 cents to $2.96 in an exchange of 619,295 shares, Main Event fell 49 cents after ending at $6.71 in exchanging 13,526 units, Medical Disposables dropped 24 cents ending at $6.05 after an exchange of 52,600 units. Stationery and Office Supplies lost 15 cents to end at $7.20 while exchanging 4,393 shares and Tropical Battery declined 41 cents to end at $2 with an exchange of 4,242,465 stocks.
At the close, Access Financial increased $1.25 in closing at $21.25 in exchanging 11 shares, Blue Power fell 10 cents to $3.90 after an exchange of 63,826 units, as low as $3, Cargo Handlers shed 21 cents to end at $8.78 with an exchange of 13,927 stock units. Derrimon Trading dropped 11 cents to close at $2.89 after 721,757 stocks crossed the market, Dolphin Cove declined $1.30 to $24.50 after exchanging 145,290 units, Everything Fresh lost 10 cents to end at $1.05, with 29,078 stock units crossing the market. Fontana fell $1.50 to close at $9.88 in trading 388,845 stocks, Fosrich popped $2.69 to end at a 52 weeks’ high of $17.10 after an exchange of 136,791 shares, Future Energy Source dropped $1.68 in closing at $6.50 trading 9,123,499 stocks, but still trades at a high PE ratio of 65 times this year’s earnings. General Accident rallied 31 cents to $6.20 in switching ownership of 47,213 stock units, Iron Rock Insurance rose 30 cents to $3.41, with 69 units changing hands, ISP Finance advanced $2.10 to $30 in an exchange of 8 shares. Knutsford Express gained 10 cents after ending at $8, with 2,284 stocks crossing the exchange, Lasco Financial climbed 19 cents in closing at $3.49 as 6,315 units changed hands, Lasco Manufacturing shed 10 cents to close at $4.45, with 118,398 stock units clearing the market.
Limners and Bards increased 10 cents in closing at $3.70 with the swapping of 185,217 shares, Mailpac Group climbed 14 cents to close at $2.85 while exchanging 589,885 units, Main Event lost 40 cents to end at $7.20 as 75,519 shares crossed the market. Spur Tree Spices rallied 15 cents ending at a record close of $4.15 after 1,579,958 stock units crossed the market, Stationery and Office Supplies advanced 35 cents to $7.35 in exchanging 3,234 stocks and Tropical Battery popped 11 cents in closing at a record closing high of $2.41 in trading 4,635,278 stock units.
At the close, Access Financial shed 75 cents to close at $20 after trading 4,551 shares, AMG Packaging dropped 20 cents to end at $3.14, with 18,217 units changing hands, Blue Power rallied 31 cents in ending at $4 after 79,003 stock units cleared the market. Cargo Handlers increased 20 cents in closing at $8.99 trading 10,115 stocks, Dolphin Cove lost $2.18 to end at $25.80 in an exchange of 60,143 shares, Everything Fresh popped 10 cents to end at $1.15 in trading 245,162 stock units. Fontana advanced 48 cents in closing at $11.38, with 142,573 units crossing the exchange, Fosrich gained 11 cents to $14.41 after exchanging 530,796 stocks, Future Energy Source rose 99 cents to end at record closing high of $8.18 with 4,704,462 units changing owners. iCreate climbed 12 cents to close at 82 cents in switching ownership of 195,456 stock units, Iron Rock Insurance declined 30 cents to close at $3.11, with 316 shares crossing the market, Jamaican Teas fell 10 cents in closing at $3.42 with the swapping of 422,770 stocks. KLE Group rallied 14 cents to $2.82 while exchanging 40,051 stock units, Lasco Manufacturing rose 20 cents to $4.55, with 33,728 units crossing the market, Limners and Bards gained 10 cents to end at $3.60 after an exchange of 277,430 shares.
Lumber Depot advanced 37 cents to close at a record high of $4.17 in exchanging 1,476,797 stocks, Mailpac Group shed 24 cents to close at a 52 weeks’ low of $2.71 with an exchange of 853,499 shares, Main Event climbed 13 cents to end at a 52 weeks’ high of $7.60 trading 43,297 stock units. Medical Disposables dropped 35 cents after ending at $6.30 in an exchange of 58,873 stocks, Paramount Trading fell 23 cents in closing at $1.67 with 4,961 units changing hands, Spur Tree Spices popped 65 cents to end at a record $4 after exchanging 768,023 shares. SSL Venture increased 40 cents in closing at $1.80, with just 10 stock units crossing the market, Stationery and Office Supplies declined 35 cents to $7 after trading 5,898 stock units and Tropical Battery advanced 31 cents to close at a 52 week’s high of $2.30 in trading 1,719,238 units.
The Jamaica Stock Exchange Junior market is trading at a
At the close, Access Financial declined 25 cents in closing at $20.75 with 89 shares changing owners,
Lumber Depot advanced 10 cents in closing at $3.80, with 487,689 units changing hands, SSL Venture dropped 31 cents ending at $1.40 while exchanging 483 stock units, Tropical Battery increased 22 cents to end at $1.99 whilst trading 841,887 shares and tTech advanced 29 cents to close at $4.30 with the swapping of 29 units.
Trading ended with an average of 1,205,743 shares at $6,859,910 in up from 346,57 shares at $1,213,704 on Monday. February closed with an average of 370,064 units at $1,402,517.
Lasco Manufacturing dropped 17 cents to $4.48 in an exchange of 38,353 stock units, Lumber Depot rallied 10 cents to close at $3.70 in switching ownership of 631,978 shares, Main Event climbed 97 cents in closing at a 52 weeks’ high of $7.47 with the swapping of 82,122 stocks. SSL Venture advanced 31 cents in ending at $1.71 with 1,500 stock units changing hands, Stationery and Office Supplies shed 10 cents to end at $7.40 after trading 10,788 units and tTech fell 28 cents to $4.01 after trading 100 shares.
At the close,
Knutsford Express advanced 57 cents to $7.45 with the swapping of 28,178 stocks, Lasco Financial increased 20 cents to $3.50 in switching ownership of 107,500 units, Lumber Depot shed 20 cents in closing at $3.60 while exchanging 2,434,190 shares. Main Event advanced $1.20 in closing at $6.50 in exchanging 117,061 stock units, Paramount Trading lost 12 cents to close at $1.78 in 19,122 stock units crossing the market and Stationery and Office Supplies gained 10 cents in ending at $7.50 with an exchange of 8,225 stocks.