Trading closed on the Junior Market of the Jamaica Stock Exchange on Monday, with the volume of stocks traded declining 9 percent with the value falling 12 percent lower than on Friday, after 45 securities were traded versus 42 on Friday and ended with 14 rising, 22 declining and nine closing unchanged.
At the close, the Junior Market Index fell 25.99 points to 4,288.72.
The PE Ratio, a measure used to compute appropriate stock values, averages 13.1. The PE ratios of Junior Market stocks incorporate ICInsider.com projected earnings for companies with the end financial years that fall between November this year and August 2023.
A total of 7,776,997 shares traded for $28,142,208 down from 8,580,219 units at $31,966,895 on Friday. Trading averaged 172,822 shares at $625,382 versus 204,291 shares at $761,117 on Friday, with month to date, averaging 681,774 units at $3,612,428 compared to 730,817 units at $3,900,259 on the previous trading day. June closed with an average of 429,016 units at $1,630,104.
Dolla Financial led trading with 3.01 million shares for 38.7 percent of total volume, followed by Spur Tree Spices, with 812,385 units for 10.4 percent of the day’s trade and Mailpac Group with 789,573 units for 10.2 percent market share.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, AMG Packaging declined 90 cents to $4 after exchanging 2,905 shares, Blue Power fell 15 cents to end at $3.50 after 155 units crossed the exchange, CAC 2000 gained 50 cents to close at $9 in trading 11 stocks. Caribbean Cream dropped 45 cents to $4.25 after trading 26,704 stock units, Dolphin Cove popped 31 cents to $15.91, with 17,685 stocks changing hands, EduFocal shed 11 cents in ending at $2.39 with 291,434 stock units clearing the market. Elite Diagnostic lost 17 cents to end at $3.43 with the swapping of 31,177 shares, Everything Fresh declined 13 cents to $1.23 while exchanging 18,262 units, Express Catering climbed 10 cents to close at $5.93 in switching ownership of 32,413 stocks. Fontana fell 10 cents to $9.89 in an exchange of 80,403 stock units, Honey Bun dropped 10 cents to $8.50 in exchanging 79,163 shares, Indies Pharma shed 15 cents to end at $3.10 with an exchange of 5,890 units. Iron Rock Insurance rose 30 cents to $3.26 in trading 31 stocks, ISP Finance lost $4.85 in ending at $24.65 after an exchange of 5 shares, Knutsford Express rallied 10 cents in closing at $7.45 after trading 2,675 units. Lasco Distributors dropped 31 cents to $3.09 with 18,084 stock units changing hands, Lasco Financial increased 11 cents in closing at $3.06, with 42,895 stocks crossing the market, Lasco Manufacturing lost 19 cents in ending at $4.51 after 5,443 units changed hands. 
Main Event shed 23 cents to end at $7.17 in an exchange of 806 stock units, Medical Disposables fell 40 cents to close at $6.75 after 6,000 shares crossed the exchange, Paramount Trading advanced 25 cents in closing at $1.90 after exchanging 56,947 stocks. SSL Venture declined 27 cents to end at $3.03 with an exchange of 38,142 shares, Stationery and Office Supplies dropped 10 cents to close at $13.80after trading 1,435 units and Tropical Battery advanced 12 cents to $2.92 with 384,170 stock units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading drops on Junior Market
The volume of stocks trading dropped 27 percent and the value 20 percent lower than on Thursday, at the closed of the Junior Market of the Jamaica Stock Exchange Friday, with 42 securities trading versus 43 on Thursday with 14 rising, 20 declining and eight closing unchanged.
At the close, the Junior Market Index declined 18.34 points to settle at 4,314.71. The PE Ratio, a measure of computing appropriate stock values, averages 12.9. The PE of Junior Market stocks incorporate earnings projected by ICInsider.com for companies with financial year end falling between November this year and August 2023.
A total of 8,580,219 shares traded for $31,966,895 down from 11,834,174 units at $39,877,832 on Thursday. Trading averaged 204,291 shares at $761,117 in contrast to 275,213 shares at $927,391 on Thursday, with month to date, averaging 730,817 units at $3,900,259 compared to 782,850 units at $4,210,480 on the previous trading day. June closed with an average of 429,016 units at $1,630,104.
Mailpac Group led trading with 2.17 million shares for 25.3 percent of total volume, followed by Derrimon Trading with 737,697 units for 8.6 percent of the day’s trade and Dolla Financial with 643,451 units for 7.5 percent market share.
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 fell 24 cents to close at $23 after 41 shares were traded, CAC 2000 lost $1.30 in ending at $8.50 in trading 4,673 stocks, Cargo Handlers rose $2.19 to $13.40 and finishing with 5,801 units changing hands. Caribbean Cream shed 15 cents in closing at $4.70 after trading 5,771 stock units, Dolphin Cove dropped 25 cents to end at $15.60, with 9,116 units clearing the market, EduFocal added 9 cents to close at $2.50 after exchanging 185,116 stock units. Express Catering declined 26 cents to $5.83 in exchanging 109,117 shares, Fontana shed 16 cents after ending at $9.99, with 58,567 stocks units crossing the exchange, Future Energy Source lost 8 cents in closing at $5.83 while exchanging 619,047 shares. GWest Corporation declined 8 cents to $1.02 in exchanging 233,651 stock units, iCreate fell 20 cents to $4 after 444,910 stocks crossed the market, Indies Pharma gained 18 cents in closing at $3.25 with 5,851 units changing hands. Jetcon Corporation dropped 8 cents to end at $1.25 with the swapping of 69,187 stocks, Lasco Distributors rallied 28 cents in ending at $3.40 after switching ownership of 42,607 shares, Lasco Financial increased 11 cents to close at $2.95, with 19,020 stock units changing hands. 
Lasco Manufacturing popped 23 cents in closing at $4.70 in an exchange of 36,936 units, Limners and Bards lost 29 cents to $2.90 with an exchange of 249,314 shares, Main Event shed 59 cents ending at $7.40, with 877 units clearing the market. Paramount Trading fell 25 cents to close at $1.65 after trading 413,056 stock units, SSL Venture advanced 30 cents to end at $3.30, with 180,443 stock units crossing the market, Stationery and Office Supplies gained 15 cents to close at $13.90 after exchanging 23,000 units and Tropical Battery dropped 7 cents in ending at $2.80 with an exchange of 568,838 stocks.
In the preference segment, CAC 2000 9.5% preference share declined 9 cents to end at $1 with the swapping of 1,220 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading climbs on Junior Market
Trading climbed on the Junior Market of the Jamaica Stock Exchange on Thursday, with the volume of stocks traded rising 45 percent and the value 18 percent more than on Wednesday, as 43 securities were exchanged, the same as Wednesday and ended with 21 rising, 19 declining and three closing unchanged.
At the close, the Junior Market Index eked a mere gain of 6.05 points to close at 4,333.05.
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.
A total of 11,834,174 shares were traded for $39,877,832, compared to 8,163,412 units at $33,704,615 on Wednesday. Trading averaged 275,213 shares at $927,391 comapred to 189,847 shares at $783,828 on Wednesday, with a month to date, average of 782,850 units at $4,210,480 compared to 839,993 units at $4,580,042 on the prior trading day. June closed with an average of 429,016 units at $1,630,104.
Dolla Financial led trading with 3.79 million shares for 32 percent of total volume, followed by Jamaican Teas with 1.92 million units for 16.3 percent of the day’s trade and Spur Tree Spices with 821,991 units for 6.9 percent market share.
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 climbed $1.88 to $23.24 with 90 shares crossing the exchange, AMG Packaging climbed 64 cents in closing at $4.90 in trading 3,787 units, Blue Power increased 24 cents to close at $3.65, with 25 stock units crossing the market. Caribbean Cream advanced 16 cents to end at $4.85 in exchanging 16,522 stocks, Dolla Financial popped 12 cents to $2.90 with the swapping of 3,785,953 stock units, Dolphin Cove declined 13 cents to end at $15.85, with an exchange of 5,897 stocks. EduFocal shed 10 cents to $2.41 in switching ownership of 244,504 units, Express Catering rose 19 cents in closing at $6.09 after exchanging 56,350 shares, Fontana rallied 15 cents to close at $10.15, with 27,238 stocks changing hands. Fosrich fell 73 cents to $36.45 after finishing trading 77,059 shares, General Accident dropped 15 cents to close at $6, with 8,060 stock units clearing the market, iCreate gained 20 cents to end at $4.20 while exchanging 668,005 units. Indies Pharma lost 20 cents to $3.07rafter 2,265 stocks crossed the market, ISP Finance rallied 50 cents in closing at closing in trading 8 stock units, Jamaican Teas dropped 14 cents in closing at a 52 weeks’ low $2.83 in an exchange of 1,924,906 units, after it hit an intraday low of $2.50.
KLE Group shed 19 cents to $2.01 after trading 1,000 shares, Knutsford Express popped 10 cents to close at $7.35 after exchanging 2,300 shares, Lasco Financial lost 23 cents in closing at $2.84 in an exchange of 4,840 units. Mailpac Group fell 11 cents to end at $2.59 in exchanging 403,758 stocks and Stationery and Office Supplies climbed 40 cents to $13.75, with 15,830 stock units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market Plunges
Stocks fell sharply on the Junior Market of the Jamaica Stock Exchange Wednesday, with the Market Index dropping 73.38 points to 4,327.00 while the volume of stocks traded declined 21 percent and the value fell 25 percent compared to Tuesday, with 43 securities changing hands versus 41 on Tuesday and ended, with 11 rising, 21 declining and 11 closing unchanged.
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.
A total of 8,163,412 shares traded at $33,704,615, down from 10,329,555 units at $45,186,051 on Tuesday. Trading on Wednesday averaged 189,847 shares at $783,828 in contrast to 251,940 shares at $1,102,099 on Tuesday, with month to date, averaging 839,993 units at an average of $4,580,042 compared to 922,459 units at $5,061,568 on the preceding trading day. June closed with an average of 429,016 units at $1,630,104.
Lasco Distributors led trading with 1.43 million shares for 17.5 percent of total volume, followed by Dolla Financial with 1.11 million units for 13.6 percent of the day’s trade, Jamaican Teas chipped in with 1.08 million units for 13.2 percent of market share and Jetcon Corporation, 1.0 million units for 12.3 percent of the day’s trade.
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, Access Financial dropped $1.88 to close at $21.36, with 2,579 shares crossing the exchange, Blue Power shed 24 cents in ending at $3.41 with an exchange of 22,782 stocks, Cargo Handlers dived $2.74 to $11.21 while exchanging 2,207 units. EduFocal fell 18 cents to $2.51 after trading 250,646 stock units, Elite Diagnostic lost 10 cents in closing at $3.50, with 110,935 units changing hands, Express Catering dropped 19 cents to close at $5.90 in an exchange of 9,799 shares. Fontana lost 30 cents in ending at $10 with the swapping of 81,546 stock units, Fosrich advanced 14 cents to $37.18, with 261,935 stocks crossing the market, General Accident rose 15 cents in closing at $6.15 in trading 5,000 stock units. GWest Corporation shed 19 cents to end at $1.03 after exchanging 6,542 units, Honey Bun fell 15 cents to $8.60 after 704 stocks changed hands, iCreate declined 15 cents to $4 in trading 388,776 shares. 
Knutsford Express fell 69 cents to close at $7.25 after exchanging 487 shares, Lasco Distributors dropped 27 cents in closing at $3.10 and clearing the market of 1,431,748 units, Lasco Manufacturing declined 20 cents to end at $4.50 in switching ownership of 114,739 stocks. Main Event gained 40 cents to close at $8, with 9,314 stock units crossing the market and Stationery and Office Supplies rallied 35 cents in closing at $13.35 in exchanging 21,866 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market jumps on higher volume
Trading closed on the Junior Market of the Jamaica Stock Exchange on Tuesday, with the volume of stocks traded climbing 28 percent with the value surging 66 percent more than on Monday, with 41 securities trading versus 45 on Monday, with 18 rising, 12 declining and 11 closing unchanged.
At the close, the Junior Market Index rose 43.10 points to settle at 4,400.38.
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.
A total of 10,329,555 shares traded for $45,186,051 up from 8,095,169 units at $27,277,515 on Monday. Trading averaged 251,940 shares at $1,102,099 in contrast to 179,893 shares at $606,167 on Monday with month to date, averaging 922,459 units at $5,061,568 compared to 1,014,712 units at $5,606,327 on the previous trading day. June closed with an average of 429,016 units at $1,630,104.
Future Energy Source led trading with 2.99 million shares for 29 percent of total volume, followed by Dolla Financial with 2.80 million units for 27.1 percent of the day’s trade and Limners and Bards with 1.23 million units for 11.9 percent market share.
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 advanced 25 cents to close at $4.25 in exchanging 78,245 shares, Cargo Handlers rose 45 cents in closing at $13.95 with the swapping of 3,758 units, Caribbean Assurance Brokers increased 10 cents to $2.35 after trading 197,566 stocks. Caribbean Flavours popped 12 cents to end at $1.95 in exchanging 4,327 stock units, EduFocal rallied 14 cents in ending at $2.69, with 342,483 stocks changing hands, Express Catering climbed 58 cents to $6.09 after 3,289 stock units crossed the exchange. Fosrich gained $1.14 to end at $37.04 in trading 117,425 units, Future Energy Source declined 17 cents in closing at $5.90, with 2,993,856 shares clearing the market, ISP Finance jumped $6.50 to close at $29 after exchanging 1,328 stocks. 
Lasco Financial increased 29 cents to $3.07, with 16,304 units crossing the market, Limners and Bards rallied 30 cents to $3.20 with an exchange of 1,227,350 shares, Main Event dropped 35 cents in closing at $7.60 after 10,025 stock units changed hands. Medical Disposables climbed 24 cents to close at $7.09 in an exchange of 18,290 stock units, Paramount Trading popped 18 cents after ending at $1.89 while exchanging 829 shares and Stationery and Office Supplies shed 10 cents to end at $13, with 38,727 stocks crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market closes higher on Monday
Trading closed higher on the Junior Market of the Jamaica Stock Exchange Monday, with the volume of stocks traded rising moderately over Friday with 15 percent lower value and ended 45 securities trading, up from 40 on Friday, with 17 rising, 20 declining and eight closing unchanged.
A total of 8,095,169 shares were traded for $27,277,515 versus 7,385,835 units at $32,179,005 on Friday. Trading averaged 179,893 shares at $606,167 in contrast to 184,646 shares at $804,475 on Friday, with month to date, averaging 1,014,712 units at $5,606,327 compared to 1,163,198 units at $6,495,684 on the previous trading day. June closed with an average of 429,016 units at $1,630,104.
No one security dominated trading on Monday as Dolla Financial led with 1.93 million shares for 23.8 percent of total volume, followed by EduFocal with 701,324 stock units for 8.7 percent of the day’s trade and Lasco Financial with 700,800 units for 8.7 percent of market share.
At the close, the Junior Market Index increased 16.07 points to settle at 4,357.28. 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 five stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, AMG Packaging shed 25 cents to $4 and closed with 17,094 shares changing hands, Cargo Handlers gained 55 cents to close at $13.50 with an exchange of 14,831 stocks, Caribbean Flavours declined 12 cents in ending at $1.83 while exchanging 1,104 stock units. Dolphin Cove dropped 40 cents in closing at $16 after an exchange of 4,950 units, EduFocal lost 13 cents to end at $2.55, with 701,324 shares crossing the market, Elite Diagnostic fell 15 cents to end at $3.55 in exchanging 111,590 stock units. Express Catering dropped 63 cents to close at $5.51 after trading 3,020 stocks, Fontana shed 15 cents to $10.30, with 118,398 units crossing the exchange, Fosrich lost 10 cents in ending at $35.90 after 47,266 units crossed the market. Future Energy Source climbed 17 cents in closing at $6.07 in trading 376,019 stock units, GWest Corporation advanced 11 cents to end at $1.16 as 263,717 shares changed hands, iCreate popped 10 cents to $4.20 in an exchange of 505,955 stocks. Iron Rock Insurance fell 33 cents in ending at $2.96, with 600 units clearing the market, ISP Finance jumped $5.47 with the swapping of 500 shares to close at $22.50, Knutsford Express rallied 84 cents to $7.94 trading 5,095 stock units. 
Lasco Financial declined 27 cents to $2.78 in switching ownership of 700,800 stocks, Main Event increased 45 cents ending at $7.95, with 52,243 stock units changing hands, Medical Disposables rallied 10 cents in closing at $6.85 while exchanging 5,300 shares. Paramount Trading lost 19 cents to $1.71 in trading 23,224 stocks, SSL Venture declined 50 cents to end at $3, after 307,629 units crossed the market, Stationery and Office Supplies popped 10 cents to $13.10 after exchanging 33,866 shares and tTech fell 29 cents in closing at $3.01 and closed after 41,511 stock units passed through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Mild slippage for Junior Market
Trading closed on the Jamaica Stock Exchange Junior Market Friday, with moderate change to the volume and value of stocks traded compared to Thursday, with 40 securities trading versus 43 on Thursday, with 17 rising, 16 declining and seven closing unchanged.
Overall 7,385,835 shares traded for $32,179,005 versus 7,985,924 units at $29,674,302 on Thursday. Trading averaged 184,646 shares at $804,475 compared to 185,719 shares at $690,100 on Thursday, with the month to date, averaging 1,163,198 units at $6,495,684 down from 1,346,963 units at $7,564,455 on the previous trading day. June closed with an average of 429,016 units at $1,630,104.
Dolla Financial led trading with 2.73 million shares for 37 percent of total volume followed by Future Energy Source with 718,230 units for 9.7 percent of the day’s trade and Tropical Battery with 520,461 units for 7 percent of market share.
At the close, the Junior Market Index fell 15.63 points to settle at 4,341.21. 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 two stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Blue Power rose 15 cents to $3.65 after trading 35,506 shares, Caribbean Assurance Brokers declined 9 cents in closing at $2.16 with an exchange of 154,153 units, Caribbean Cream gained 6 cents in ending at $4.66 in switching ownership of 21,500 stocks. Caribbean Flavours popped 15 cents to close at $1.95 after exchanging 20,203 stock units, Everything Fresh rallied 14 cents to end at $1.39 after trading 2,574 shares, Express Catering increased 84 cents to close at $6.14 in exchanging 21,440 stocks. Fontana climbed 5 cents in closing at $10.45 in an exchange of 37,483 stock units, Fosrich rose 75 cents to $36 with the swapping of 223,272 units, Future Energy Source shed 9 cents to end at $5.90 after exchanging 718,230 units. GWest Corporation fell 7 cents to $1.05, with 834 shares changing hands, iCreate rallied 5 cents to close at $4.10 in exchanging 297,355 stocks, Indies Pharma increased 15 cents to $3.20, with 149,512 stock units changing hands. Jamaican Teas climbed 6 cents in closing at $3.11, with 502,439 stock units crossing the market, Jetcon Corporation popped 8 cents to $1.34 with 158,305 units clearing the market, JFP Limited dropped 9 cents to end at $1.52 after 420,725 shares crossd the exchange. KLE Group lost 5 cents in closing at $2.20 while exchanging 408 stocks, Knutsford Express shed 61 cents to close at $7.10Carter 10,177 shares crossed the market, Lasco Distributors rose 23 cents to end at $3.43 in exchanging 173,142 stocks. 
Limners and Bards rallied 9 cents to $2.81 after trading 58,236 units, Medical Disposables declined 25 cents to $6.75, as 15,222 stock units crossed the exchange, Paramount Trading advanced 20 cents to close at $1.90 while exchanging 6,000 stocks and SSL Venture lost 8 cents in closing at $3.50 trading 13,383 units.
In the preference segment, CAC 2000 9.5% preference share rose 10 cents in ending at $1.10, with 4 shares clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market in minor slippage
Trading closed on the Jamaica Stock Exchange Junior Market on Thursday, with the volume of stocks traded declining marginally, with a 12 percent lower value than on Wednesday, resulting in a mild slip in the market index.
Overall, 43 securities traded, as was the case on Wednesday and ended with 16 rising, 20 declining and seven closing unchanged.
At the close, the Junior Market Index shed 8.60 points to settle at 4,356.84. The PE Ratio, a measure of computing appropriate stock values, averages 13.1.
A total of 7,985,924 shares traded for $29,674,302 compared to 8,244,571 units at $33,814,146 on Wednesday. Trading averaged 185,719 shares at $690,100 in contrast to 191,734 shares at $786,375 on Wednesday with month to date, averaging 1,346,963 units at $7,564,455 compared to 1,640,690 units at $9,303,263 on the previous trading day. June closed with an average of 429,016 units at $1,630,104.
Dolla Financial led trading with 2.05 million shares for 25.7 percent of total volume, followed by Derrimon Trading with 660,476 units for 8.3 percent of the day’s trade and Paramount Trading with 559,698 units for 7 percent market share. 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 stocks with lower offers.
At the close, Blue Power dropped 15 cents to $3.50 in exchanging 2,051 shares, CAC 2000 declined 10 cents to $9.80 in an exchange of 8,077 stock units, Caribbean Flavours fell 22 cents to $1.80 in trading 16,566 stocks. Derrimon Trading shed 10 cents to end at $2.65, with 660,476 units crossing the market, Dolphin Cove popped 20 cents to close at $16.40, with 21,270 stock units changing hands, Elite Diagnostic rallied 15 cents to $3.70 with an exchange of 1 share. Express Catering lost 39 cents to close at $5.30, with 239,875 units clearing the market, Fontana advanced 10 cents to $10.40 in exchanging 17,370 stocks, Fosrich shed $2.75 to end at $35.25, with 129,935 stock units crossing the market. Honey Bun rose 24 cents in closing at $8.75 with the swapping of 6,840 shares, Indies Pharma fell 20 cents in closing at $3.05 after trading 22,673 units, JFP Limited climbed 10 cents to end at $1.61 after trading 457,597 stocks. Knutsford Express gained $1.05 to close at $7.71 in exchanging 7,831 stock units, Lasco Distributors lost 10 cents to end at $3.20 after switching ownership of 15,841 stocks, Lasco Manufacturing increased 17 cents in ending at $4.70 while exchanging 155,380 shares. 
Mailpac Group dropped 11 cents in closing at $2.72 after 340,619 units crossed the exchange, Main Event advanced 33 cents ending at $7.50 after trading 40,049 shares, Medical Disposables declined 10 cents to $7, with 2,200 stock units clearing the market and tTech climbed 30 cents to close at $3.30 trading 377,745 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market gains but value plunges
Trading dropped sharply on the Jamaica Stock Exchange Junior Market Wednesday, with the volume of stocks traded dropping 97 percent and the value falling 98 percent from trading on Tuesday as 43 securities trading versus 42, ending with just ten rising, 22 declining and 11 closed unchanged.
The Junior Market Index rose 48.92 points to 4,365.44. A total of 8,244,571 shares were exchanged for $33,814,146 versus 247,822,804 units at $1,466,458,584 on Tuesday.
Trading averaged 191,734 shares at $786,375 versus 5,900,543 units at $34,915,681 on Tuesday, averaging 1,640,690 stock unitsmonth to date at $9,303,263, down from 2,131,281 shares at $12,186,933 on the prior trading day. June closed with an average of 429,016 units at 1,630,104.
Dolla Financial led trading with 2.31 million shares for 28 percent of total volume, followed by Limners and Bards with 1.04 million units for 12.6 percent of the day’s trade and Future Energy Source with 765,240 units for 9.3 percent market share.
The PE Ratio, a measure of computing appropriate stock values, averages 13.1. 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 seven stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, AMG Packaging popped 22 cents to close at $4.30 with an exchange of 27,105 shares, CAC 2000 climbed 90 cents in closing at $9.90 after trading 25 units, Caribbean Cream rose 11 cents to $4.61 after exchanging 82,766 stocks. Dolphin Cove declined by 74 cents to end at $16.20, with 25,997 stock units changing hands, Everything Fresh shed 21 cents to end at $1.22 in trading 79,402 stock units, Fontana lost 20 cents to $10.30, with 98,471 stocks crossing the market. Fosrich advanced $2.01 to end at a 52 weeks’ high of $38 in an exchange of 173,538 units, Future Energy Source dropped 25 cents to $6.05 after trading 765,240 shares, Honey Bun fell 48 cents to $8.51 in switching ownership of 4,872 stocks. iCreate lost 20 cents after ending at $4, with 209,580 units crossing the market, Jetcon Corporation increased 13 cents to $1.34, with 215,974 shares changing hands, Knutsford Express dropped $1.28 in ending at $6.66 with the swapping of 20,000 stock units. Lasco Financial shed 14 cents to end at $3.05 with 342,337 stocks crossing the exchange, Lasco Manufacturing fell 12 cents to $4.53 while exchanging 36,733 stock units, 
Main Event declined 26 cents in closing at $7.17 after 43,651 shares changed owners. SSL Venture lost 12 cents in ending at $3.58 after trading 2,113 units and Stationery and Office Supplies shed 35 cents to end at $13, with 25,603 shares clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Back to normal for Jamaican Stock Exchange
Trading fell back in line with more recent activities on the Jamaica Stock Exchange, following Tuesday’s big Future Energy Source trade of 241.4 million, valued at $1.44 billion as the markets closed on Wednesday with just 18,045,079 shares traded in the overall market and the Main and Junior Markets ending with $122.8 million worth of shares trading and the JSE USD market, with US$$15,558.
The Main Market ended lower but the Junior Market gained. The JSE Combined Index slipped 16.78 points to 396,028.51, while the All Jamaican Composite Index dived 2,438.78 points to 435,164.77 and the JSE Main Index fell 488.85 points to close at 381,571.02. The Junior Market index rallied 48.92 points to 4,365.44 and the JSE USD market index slipped 1.09 points to 213.79.
The market’s PE ratio ended at 23.5 based on 2021-22 earnings and 13 times those for 2022-23 at the close of trading.
Investors need pertinent information to successfully navigate many investment choices, in the local stock market. The ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
Investors should use the chart to help make rational investment decisions by investing in stocks close to the average for the sector and not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and put in on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock.
The ICInsider.com PE Ratio chart covers all ordinary shares on the Jamaica Stock Exchange. It shows companies grouped on an industry basis, allowing easy comparisons between the same sector companies and the overall market.
The net asset value of each company is reported as a guide to assess the value of stocks based on this measure quickly. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends payable and yields for each company are shown in the Main and Junior Markets’ daily report charts that show the closing volume for the bids and offers.
The EPS & PE ratios are based on 2021 and 2022 actual or projected earnings, excluding major one off items. The PE Ratio is the most popular measure used to determine the value of stocks.
