The Junior Market of the Jamaica Stock Exchange closed higher Wednesday with a 76 percent jump in the volume of stocks traded accompanied by a 58 percent rise in funds entering the market compared with that on Tuesday, following trading in 43 securities compared with 48 on Tuesday and ending with 14 rising, 19 declining and 10 closing unchanged as Stationery and Office Supplies traded at a record high of $24.40 and closed at $24 after rising $3 for the day and cementing the potential for a stock split this year.
Investors traded 11,588,780 shares for $28,016,741 compared with 6,594,218 units at $17,769,680 on Tuesday.
Trading averaged 269,507 shares at $651,552 compared to 137,380 shares at $370,202 on Tuesday with the month to date, averaging 199,552 units at $536,788, up from 191,918 stock units at $524,263 on the previous day. Trading in May ended with an average of 239,954 units at $648,811.
Tropical Battery led trading with 3.13 million shares for 27 percent of total volume followed by Fosrich with 2.89 million units for 24.9 percent of the day’s trade and Spur Tree Spices with 1.50 million units for 13 percent of the day’s trade.
At the close, the Junior Market Index climbed 22.06 points to end trading at 3,866.96.
The PE Ratio, a measure of computing appropriate stock values, averages 11.3. The PE ratios of Junior Market stocks are computed using the last traded price in conjunction with ICInsider.com’s projected earnings for the financial years ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, AMG Packaging advanced 20 cents to $2.45 after 105,783 shares changed hands, Blue Power gained 14 cents to end at $2.20 while exchanging 27,422 stocks, Caribbean Cream rose 43 cents to close at $3.98 with shareholders swapping 31,523 stock units, Consolidated Bakeries declined 10 cents and ended at $2.30 after stakeholders traded 8,893 units, Dolphin Cove popped 21 cents in closing at $15.93, with 5,807 shares crossing the market,
Fontana dropped 18 cents in closing at $9.60 in an exchange of 69,707 stock units, Honey Bun rallied 45 cents to $6.96 with investors transferring 66 stocks, Image Plus Consultants climbed 8 cents to end at $2.08 in an exchange of 119,636 units, Jamaican Teas fell 9 cents to $2.08 with a transfer of 27,123 shares, Knutsford Express dipped 28 cents to close at $11.50 after a transfer of 3,703 stock units, Lasco Distributors increased 15 cents in closing at $3.35 with 19,084 units clearing the market, Lasco Financial shed 10 cents to close at $2.30, with 7,185 stocks crossing the market, Lasco Manufacturing lost 13 cents and ended at $4.35 after 58,598 stocks were traded, Main Event shed 20 cents to $14.70 with an exchange of 37,646 stock units, MFS Capital Partners gained 10 cents to end at $3.10 after an exchange of 226,309 shares, 
Stationery and Office Supplies climbed $3 in closing at a record high of $24 as investors exchanged 48,804 units and tTech dropped 37 cents to end at $2.50 in switching ownership of 5,642 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market heads north
Trading levels fell on the Junior Market of the Jamaica Stock Exchange Tuesday, with a 29 percent decline in the volume of stocks traded, with the value 14 percent lower than on Monday with trading in 48 securities compared with 47 on Monday and resulting in prices of 23 rising, 18 declining and seven closing unchanged.
Investors traded 6,594,218 shares for $17,769,680 compared with 9,341,590 units at $20,596,072 on Monday.
Trading averaged 137,380 shares at $370,202 compared to 198,757 shares at $438,214 on Monday with the month to date, averaging 191,918 units at $524,263 compared to 199,484 stock units at $545,636 on the previous day. Trading in May averaged 239,954 units at $648,811.
Indies Pharma led trading with 1.76 million shares for 26.6 percent of total volume followed by Image Plus Consultants with 901,230 units for 13.7 percent of the day’s trade and Lasco Financial with 575,734 units for 8.7 percent market share.
At the close, the Junior Market Index popped 42.50 points to end trading at 3,844.90, the highest close since March 8 this year, but the market has broken a downward sloping trendline that suggests a rising market ahead.
The PE Ratio, a measure of computing appropriate stock values, averages 10.5. The PE ratios of Junior Market stocks are computed using the last traded price in conjunction with ICInsider.com’s projected earnings for the financial years ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows no stock ending with a bid higher than the last selling price and four with lower offers.
At the close, AMG Packaging dropped 33 cents in closing at a 52 weeks’ low of $2.25 with shareholders swapping 85,524 shares, Blue Power dipped 24 cents and ended at $2.06 in an exchange of 23,107 stocks, CAC 2000 climbed $1.09 to close at $7.09 after an exchange of 200 units. Cargo Handlers climbed $3.59 to $19.20 with 200 stock units being traded, Caribbean Cream shed 39 cents to end at $3.55 with 847 units changing hands, 
Consolidated Bakeries rose 17 cents to close at $2.40, 2,756 shares crossing the market. Dolphin Cove popped 47 cents to end at $15.72 as investors exchanged 2,039 stocks, Elite Diagnostic dipped 19 cents to $2.20 with investors transferring 21,085 stock units, Express Catering fell 10 cents and ended at $4.88 after an exchange of 28,333 stock units. Fontana gained 25 cents in closing at $9.78, with 66,824 shares clearing the market, Future Energy Source shed 8 cents and ended at $3.93 while exchanging 114,480 units, General Accident rallied 55 cents to end at $5.30, with 20,029 stocks crossing the exchange. Honey Bun declined 44 cents in closing at $6.51 after shareholders ended trading 1,937 stocks, Jamaican Teas increased 9 cents to close at $2.17 with a transfer of 500 stock units, 
KLE Group rallied 16 cents to $1.77 after a transfer of 6,296 units. Lasco Manufacturing rose 20 cents to end at $4.48 in trading 100 shares, Main Event gained 25 cents in closing at $14.90 as 29,817 units passed through the market and MFS Capital Partners lost 10 cents in closing at $3 in switching ownership of 422,182 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
6 circuit breaker hits on Junior Market
The major feature of trading on the Junior Market of the Jamaica Stock Exchange on Monday was the halt in trading of six stocks in the morning session within 90 minutes of opening. The early circuit breakers are CAC 2000, Cargo Handlers and ISP Finance declined while Caribbean Cream and tTech rose but Stationery and Office Supplies joined the action late in the morning session to hit the circuit breaker at 52 weeks’ high of $21 just before midday, with just two units being exchanged.
Trading closed with the volume and value of stocks traded declining 40 percent and 37 percent respectively, compared to Friday, following trading in 47 securities compared with 41 on Friday and ended with 13 rising, 27 declining and seven unchanged.
Investors traded 9,341,590 shares for $20,596,072 compared to 15,463,887 units at $32,509,692 on Friday.
Trading averaged 198,757 shares at $438,214, compared to 377,168 shares at $792,919 on Friday, with the month to date averaging 199,484 units at $545,636 compared to 199,598 stock units at $562,522 on the previous trading day. May closed with an average of 239,954 units at $648,811.
Tropical Battery led trading with 5.19 million shares for 55.5 percent of total volume followed by Derrimon Trading with 1.13 million units for 12.1 percent of the day’s trade and Dolla Financial with 565,488 units for 6.1 percent market share.
At the close, the Junior Market Index dipped 3.64 points to close at 3,802.40.
The PE Ratio, a measure of computing appropriate stock values, averages 10.4. The PE ratios of Junior Market stocks are computed using the last traded price in conjunction with ICInsider.com’s projected earnings for the financial years ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Access Financial increased $2.68 to $25 after an exchange of 35 shares, AMG Packaging fell 9 cents in closing at $2.58 after 1,806 stocks were traded, CAC2000 shed $1.09 to close at $6, with 36 units crossing the market, Cargo Handlers declined $3.59 to end at $15.61 as investors exchanged 65 stock units. Caribbean Cream rallied 74 cents to $3.94 after a transfer of 9,525 stocks, Caribbean Flavours gained 12 cents in ending at $1.36 after an exchange of 1,408 shares, Consolidated Bakeries fell 17 cents to $2.23 in switching ownership of 807 stock units, Dolla Financial fell 10 cents to $2.54 with a transfer of 565,488 units. Dolphin Cove dropped 69 cents in closing at $15.25 after an exchange of 4,653 stocks, Elite Diagnostic advanced 19 cents to close at $2.39 after 156 shares passed through the market, Everything Fresh fell 18 cents to close at $1.51 after 45,914 units crossed the market, Express Catering rose 8 cents to $4.98, with 17,892 stock units changing hands. 
Fontana dipped 17 cents in closing at $9.53 in an exchange of 145,680 stock units, Future Energy Source lost 11 cents to end at $4.01, with 203,561 stocks crossing the exchange, General Accident shed 53 cents and ended at $4.75 in trading 10 shares, iCreate climbed 31 cents to $1.26 in an exchange of 133,986 units. Jamaican Teas declined 14 cents to $2.08 while exchanging 25,550 shares, JFP Ltd dipped 10 cents to end at $1.65 with 519 units clearing the market, KLE Group lost 19 cents and ended at $1.61 with investors trading 50 stocks, Lasco Distributors dropped 16 cents to close at $3.15 after an exchange of 30,878 stock units. Lasco Manufacturing shed 20 cents and ended at $4.28 with shareholders swapping 479 shares, Limners and Bards declined 14 cents in closing at $2.21 with shareholders swapping 6,324 stocks, 
Main Event dipped 15 cents to close at $14.65, with 12,853 stock units crossing the exchange after hitting a 52 weeks’ intraday high of $14.89. Medical Disposables fell 30 cents to end at $4.20 after 3,389 units changed hands, Stationery and Office Supplies popped $5.01 to close at a 52 weeks’ high of $21 with 2,252 stocks clearing the market and tTech climbed 67 cents to end at $2.90, with 89,040 shares crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market holds on to 3,800 handle
The volume of stocks traded jumped 141 percent on the Junior Market of the Jamaica Stock Exchange on Friday, with a 98 percent increase in the value compared to Thursday, following trading in 41 securities similar to trading on Thursday with the market ending with prices of 19 rising, 15 declining and seven closing unchanged.
Trading closed with an exchange of 15,463,887 shares for $32,509,692 compared with 6,422,074 units at $16,407,108 on Thursday.
Trading averaged 377,168 shares at $792,919 compared to 156,636 shares at $400,173 on Thursday, with a month to date, average of 199,598 units at $562,522 compared to 171,380 stock units at $525,908 on the previous day. May closed with an average of 239,954 units at $648,811.
EduFocal led trading with 10.04 million shares for 64.9 percent of total volume followed by JFP Ltd with 1.59 million units for 10.3 percent of the day’s trade and Fosrich with 905,139 units for 5.9 percent market share.
At the close, the Junior Market Index dipped 0.84 points to settle at 3,806.04, with the market closing above 3,800 points for a third day after trading opened at 3,854.64.
The PE Ratio, a measure of computing appropriate stock values, averages 10.4. The PE ratios of Junior Market stocks are computed using the last traded price in conjunction with ICInsider.com’s projected earnings for the financial years ending between November 2023 and August 2024.
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 dipped $2.83 to close at $22.32, with 2,575 shares crossing the exchange, AMG Packaging rallied 17 cents in closing at $2.67, with 2,691 stock units changing hands, Caribbean Cream shed $1.20 to end at $3.20 after opening at $4.40 and ended with 213,135 stocks crossing the market, Consolidated Bakeries climbed 10 cents to $2.40 after an exchange of 1,000 units. Derrimon Trading increased 8 cents to $1.98 with shareholders swapping 77,796 shares, Express Catering dipped 9 cents to $4.90 as 34,562 units passed through the market, Fontana lost 10 cents in closing at $9.70 after 96,764 stock units crossed the market, Fosrich fell 8 cents to end at $2.15 in switching ownership of 905,139 stocks. 
Future Energy Source rose 8 cents to close at $4.12 with an exchange of 218,150 stocks, General Accident rallied 77 cents to $5.28 following an exchange of 179,497 shares, GWest Corporation popped 15 cents to close at $1.04 after investors exchanged 100,000 stock units, iCreate declined 27 cents and ended at a 52 weeks’ low of 95 cents trading 201,813 units. Iron Rock Insurance dropped 20 cents to $2.15 as investors traded 1,500 shares, ISP Finance advanced $5.49 to end at $26.49 in trading 1,122 stock units, JFP Ltd climbed 13 cents to $1.75 while exchanging 1,593,585 units, Lasco Distributors rose 29 cents to $3.31 in an exchange of 21,706 stocks. Lasco Manufacturing rallied 23 cents in closing at $4.48 with a transfer of just 1,532 stocks, Limners and Bards advanced 15 cents to close at $2.35 with investors transferring 10,118 stock units, Lumber Depot popped 9 cents and ended at $2.29 after closing with 9,045 shares changing hands, Main Event increased 30 cents to end at a 52 weeks’ high of $14.80 after a transfer of 109,876 units. 
MFS Capital Partners dipped 9 cents to close at $3.10, with 288,337 stocks clearing the market, Regency Petroleum gained 11 cents to end at $2.99 with a transfer of 215,726 stock units and tTech fell 26 cents to $2.23 in trading 1,296 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market closes flat as trading climbs
Trading closed on the Junior Market of the Jamaica Stock Exchange Thursday, with the volume of stocks traded rising 39 percent and the value 51 percent more than on Wednesday with trading in 41 securities compared with 40 on Wednesday and ended with 15 rising, 18 declining and eight unchanged.
Investors traded 6,422,074 shares for $16,407,108, up from 4,624,570 units at $10,856,038 on Wednesday.
Trading averaged 156,636 shares at $400,173, compared to 115,614 units at $271,401 on Wednesday and the month to date, an average of 171,380 units at $525,908 versus 174,165 stocks at $549,665 on the previous day. May closed with an average of 239,954 units at $648,811.
Fosrich led trading with 1.80 million shares for 28 percent of total volume, ONE on ONE Educational followed after trading 880,103 units for 13.7 percent of the day’s trade and Spur Tree Spices with 560,957 units for 8.7 percent market share.
At the close, the Junior Market Index dipped 1.81 points to finish at 3,806.88.
The PE Ratio, a measure of computing appropriate stock values, averages 10.3. The PE ratios of Junior Market stocks are computed using the last traded price in conjunction with ICInsider.com’s projected earnings for the financial years ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows nine stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Access Financial advanced $2.55 to end at $25.15 after an exchange of 161 shares, AMG Packaging lost 17 cents in closing at $2.50 after a transfer of 631 stock units, Caribbean Assurance Brokers rose 40 cents to $2.54 as 43,097 units passed through the market. Caribbean Cream rose 40 cents in ending at $4.40 after an exchange of 28,250 stocks, Caribbean Flavours dipped 12 cents to close at $1.24, with 2,304 units changing hands, Derrimon Trading shed 10 cents to end at $1.90 with shareholders trading 245,792 stocks. Dolphin Cove increased 80 cents to end at $15.96 with a transfer of 5,612 shares, EduFocal declined 10 cents to end at $1.80, with 343,689 units crossing the market, Express Catering gained 10 cents to close at $4.99 in an exchange of 1,989 shares. 
Fosrich climbed 8 cents in closing at $2.23 in switching ownership of 1,798,858 stocks, Future Energy Source fell 8 cents and ended at $4.04 with investors transferring 470,127 stock units after trading at an intraday low of $3.90, iCreate dropped 8 cents to end at $1.22 in an exchange of 39,848 units. KLE Group rallied 15 cents to close at $1.80 with shareholders swapping 23,405 shares, Knutsford Express gained 24 cents in closing at $11.78, with 80 units crossing the exchange, Lasco Distributors lost 38 cents in closing at $3.02 after trading ended with 68,439 stock units changing hands. Lasco Manufacturing dipped 23 cents to close at $4.25 while exchanging 820 stocks, Mailpac Group shed 9 cents in closing at $1.86, with 150,533 units crossing the market, Main Event rallied 20 cents to end at $14.50 and closed after 25,948 shares were exchanged,
Medical Disposables declined 35 cents to $4.50, with 8 stock units clearing the market and Regency Petroleum dropped 10 cents and ended at $2.88 as investors exchanged 371,035 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market reclaims 3,800
The Junior Market of the Jamaica Stock Exchange closed on Wednesday, with the market index adding to Tuesday’s gains and crossing over the 3,800 mark for the first time since the middle of March with the volume of stocks traded declining 9 percent with a 31 percent lower value than on Tuesday after trading took place in just 40 securities compared with 41 on Tuesday and ended with prices of 19 rising, 15 declining and six closing unchanged.
Investors traded 4,624,570 shares for $10,856,038 compared with 5,101,812 units at $15,733,543 on Tuesday.
Trading averaged 115,614 shares at $271,401, down from 124,434 units at $383,745 on Tuesday with a month to date, an average of 174,165 units at $549,665 compared to 187,397 stock units at $612,549 on the previous day. May averaged 239,954 units at $648,811.
Fosrich led trading with 1.22 million shares for 26.4 percent of total volume followed by Dolla Financial with 609,509 units for 13.2 percent of the day’s trade and Derrimon Trading with 568,037 units for 12.3 percent market share.
At the close, the Junior Market Index increased 17.25 points to settle at 3,808.69.
The PE Ratio, a measure of computing appropriate stock values, averages 10.4. The PE ratios of Junior Market stocks are computed using the last traded price in conjunction with ICInsider.com’s projected earnings for the financial years ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows six stocks ending with bids higher than their last selling prices and none with lower offers. This is a bullish signal for Thursday’s trades.
At the close, Access Financial popped 30 cents to $22.60, with four shares crossing the exchange, AMG Packaging fell 21 cents in closing at $2.67 in an exchange of 1,501 stock units, Blue Power shed 15 cents to end at $2.30 as 383 units passed through the market, Caribbean Assurance Brokers dropped 40 cents to close at $2.14 with investors trading 87,309 stock units. 
Caribbean Flavours rose 10 cents and ended at $1.36 in trading 202,848 units, Dolla Financial advanced 8 cents to end at $2.70 in an exchange of 609,509 shares, Dolphin Cove dipped 82 cents and ended at $15.16 with shareholders swapping 22,245 stock units, Elite Diagnostic declined 21 cents in closing at $2.19, with 22,858 stocks changing hands. Everything Fresh lost 9 cents to $1.69 clearing the market with 56,968 units, Express Catering dropped 10 cents to close at $4.89 after a transfer of 6,742 shares, Future Energy Source rallied 8 cents in closing at $4.12 after exchanging 107,745 stock units, General Accident lost 54 cents to close at $4.51 after an exchange of 1,571 stocks. Indies Pharma shed 19 cents to end at $3.11 with the swapping of 15,321 stocks, Lasco Distributors gained 10 cents and ended at $3.40 while exchanging 177,266 shares, Lasco Manufacturing increased 23 cents to $4.48, with 29,284 stock units crossing the market. Limners and Bards dipped 19 cents and ended at $2.20 as investors exchanged 165,470 units, 
Lumber Depot declined 9 cents to close at $2.20 in switching ownership of 62,243 shares, Mailpac Group climbed 10 cents to $1.95 with investors transferring 7,489 stocks. Main Event advanced 30 cents in closing at $14.30, with 2,875 stock units crossing the market and Paramount Trading fell 9 cents to end at $2.10 after closing with an exchange of 61,886 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market stumbles into June
The Junior Market of the Jamaica Stock Exchange stumbles into June on Thursday, following Wednesday’s rally to close out May positively, with the volume of stocks traded declining 27 percent and the value 43 percent lower than on Wednesday after trading occurred in 45 securities compared with 44 on Wednesday and ended with prices of 16 rising, 24 declining and five closing unchanged.
A total of 12,402,210 shares were traded for $34,083,670, down from 17,037,616 units at $59,386,219 on Wednesday.
Trading averaged 275,605 shares at $757,415 compared with 387,219 shares at $1,349,687 previously. May closed with an average of 239,954 units at $648,811.
Fosrich led trading with 4.69 million shares for 37.8 percent of total volume followed by Spur Tree Spices ended with 1.64 million units for 13.2 percent of the day’s trade and Future Energy Source with 910,903 units for 7.3 percent market share.
At the close, the Junior Market Index shed 13.41 points to finish trading at 3,771.62.
The PE Ratio, a measure of computing appropriate stock values, averages 10.5. The PE ratios of Junior Market stocks are computed using the last traded price in conjunction with ICInsider.com’s projected earnings for the financial years ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Access Financial shed $3.30 and ended at $22.50 in an exchange of 40 shares following the dress up the stock got to close out May, Cargo Handlers jumped $2.84 to close at a 52 weeks’ high of $17.84 with an exchange of just one share, Caribbean Assurance Brokers dropped 13 cents to end at $2.40 after 20,886 shares crossed the exchange, Consolidated Bakeries climbed 15 cents in closing at $2.41 after investors traded 20,008 units, Dolphin Cove rallied 94 cents to $15.69 with an exchange of 34,055 stock units, Fosrich lost 10 cents to end at a 52 weeks’ low of $2.19 while exchanging 4,694,002 shares, GWest Corporation fell 17 cents and ended at 88 cents, with 222,772 stocks crossing the market, 
Honey Bun dropped 13 cents to close at $6.67 with 5,014 units changing hands, iCreate dipped 11 cents to $1.20 after 260,961 stocks were traded, Image Plus Consultants shed 8 cents in closing at $2 as investors exchanged 904,162 stocks, Indies Pharma dropped 21 cents in closing at $3.24 with invetors swapping 53,927 shares, ISP Finance rose $1.10 to $26.50 with investors transferring 23,087 units, JFP Ltd declined 14 cents to end at $1.64 in an exchange of 876,924 shares, Knutsford Express dipped 23 cents to close at $11.55 with 34 stocks clearing the market, Lasco Financial advanced 11 cents and ended at $2.46 after an exchange of 1,660 stock units, Limners and Bards fell 25 cents to end at $2.23 with a transfer of 12,976 units, Lumber Depot lost 9 cents to close at $2.21 in switching ownership of 22,980 stock units, Mailpac Group fell 12 cents to $1.85 after a transfer of 586,278 units, Medical Disposables increased 64 cents in closing at $4.78 with 1,642 shares crossing the market,
Paramount Trading declined 9 cents to $2.09 after investors traded 428 stocks, Regency Petroleum dipped 10 cents to end at $2.85 as 136,537 stock units passed through the market and Spur Tree Spices dropped 27 cents in closing at a 52 weeks’ low of $2.33 after an exchange of 1,642,325 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market ends higher than April
Stocks closed higher on the Junior Market of the Jamaica Stock Exchange in trading on Wednesday, with the market squeezing a third consecutive day of gains and helping the market to close 1.26 percent higher than in April as investors traded 77 percent more shares valued at 135 percent more than on Tuesday with trading in 44 securities compared with 45 on Tuesday and ended with 24 rising, 15 declining and five closing unchanged.
Investors traded 17,037,616 shares for $59,386,219 up from 9,615,167 units at $25,289,603 on Tuesday.
Trading averaged 387,219 shares at $1,349,687 compared with 213,670 shares at $561,991 on Tuesday with the month to date, averaging 239,954 units at $648,811 compared to 232,896 stock units at $615,218 on the previous day. April closed with an average of 266,661 units at $2,583,503.
Future Energy Source led trading with 5.02 million shares for 29.5 percent of total volume followed by Fosrich with 2.89 million units for 17 percent of the day’s trade, Indies Pharma with 1.85 million units for 10.9 percent market share and Jamaican Teas with 1.49 million units for 8.7 percent of total volume.
At the close, the Junior Market Index rallied 22.41 points to end at 3,785.03.
The PE Ratio, a measure used to compute appropriate stock values, averages 11. The PE ratios of Junior Market stocks are based on last traded price in conjunction with ICInsider.com’s projected earnings for the financial years ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Access Financial rallied $2.80 to close at $25.80 after an exchange of 60,697 shares, CAC 2000 shed 48 cents to close at $6.62 after 23,435 units changed hands, Cargo Handlers fell $2.50 to $15 with 1,000 stocks crossing the market, Caribbean Flavours popped 30 cents to end at $1.78 with shareholders swapping 5,000 stock units. Dolphin Cove declined 70 cents in closing at $14.75 after shareholders traded 10,293 shares, EduFocal increased 19 cents to end at $1.91 after an exchange of 105,179 stock units, Elite Diagnostic gained 18 cents and ended at $2.38 after a transfer of 51,123 units, 
Express Catering dropped 16 cents to close at $4.88 with an exchange of 12,665 stocks. Fontana advanced 12 cents to $9.52 with investors exchanging 386,065 stock units, Fosrich lost 11 cents to close at $2.29, with 2,892,733 stocks crossing the market, Future Energy Source climbed 23 cents to $4.15 with an exchange of 5,021,509 shares, Honey Bun rose 17 cents to $6.80 with 13,402 units clearing the market. Indies Pharma popped 15 cents to close at $3.45 in trading 1,851,361 units, Iron Rock Insurance gained 32 cents to end at $2.48 with 200 stocks changing hands, ISP Finance climbed $1.42 to $25.40 as investors exchanged 45,182 stock units, KLE Group dipped 11 cents in closing at $1.51 in switching ownership of 31 shares. Knutsford Express popped 26 cents to close at $11.78 in an exchange of 293,186 shares, Lasco Distributors lost 14 cents at $2.95 in an exchange of 60,245 units, Lasco Manufacturing rose 10 cents to $4.25 after 390 stock units passed through the market, Limners and Bards increased 18 cents to $2.48 with a transfer of 122,433 stocks.
Main Event dropped 40 cents in closing at $14.25 with investors transferring 4,584 stocks, Paramount Trading rallied 9 cents to $2.18, with 22,936 stock units clearing the market, Regency Petroleum rose 8 cents to end at $2.95 after 501,313 units passed through the market. Stationery and Office Supplies increased 63 cents and ended at $15.79, with 60,146 shares crossing the market and Tropical Battery gained 10 cents to close at $2 after 75,936 shares changed hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market holding head above water
The Junior Market of the Jamaica Stock Exchange Tuesday just managed to end above Monday’s close following a 12 percent decline in the volume of stocks traded with a moderately lower value than on Monday with trading in 45 securities compared with 46 on Monday and ended with 21 rising, 20 declining and four closing unchanged as one stock closed at a one year high and two at 52 weeks’ low.
Investors traded 9,615,167 shares for $25,289,603 versus 10,918,480 units at $26,373,173 on Monday.
Trading averaged 213,670 shares at $561,991 compared to 237,358 shares at $573,330 on Monday, with the month to date averaging 232,896 units at $615,218 compared to 233,887 stock units at $617,962 on the previous day. April closed with an average of 266,661 units at $2,583,503.
Fosrich led trading with 2.26 million shares for 23.5 percent of total volume followed by Dolla Financial with 1.40 million units for 14.5 percent of the day’s trade and Lasco Distributors with 885,161 units for 9.2 percent market share.
At the close, the Junior Market Index popped 4.97 points to close at 3,762.62.
The PE Ratio, a measure of computing appropriate stock values, averages 10.8. The PE ratios of Junior Market stocks are computed using the last traded price in conjunction with ICInsider.com’s projected earnings for the financial years ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, AMG Packaging dipped 26 cents to end at $2.64 as investors exchanged 6,005 shares, CAC 2000 rallied $1.10 to close at $7.10 in switching ownership of 6,451 units, Cargo Handlers rose 75 cents to a 52 weeks’ high of $17.50 after an exchange of 11,300 stock units, Caribbean Assurance Brokers shed 12 cents in closing at $2.57 after 323,317 stocks changed hands. Caribbean Cream rallied 20 cents and ended at $3.20 with an exchange of 50 stock units, Caribbean Flavours increased 8 cents to $1.48 in an exchange of 9 units, Consolidated Bakeries rose 10 cents to close at $2.30 after a transfer of 125,334 stocks, Dolphin Cove popped 49 cents in closing at $15.45 with shareholders swapping 28,133 shares, Elite Diagnostic dropped 18 cents to a 52 weeks’ low of $2.20, with 48,123 stocks clearing the market. Everything Fresh gained 8 cents to end at $1.80 while exchanging 154,617 units, 
Fontana lost 8 cents in ending at $9.40 with investors transferring 109,966 shares, Fosrich declined 29 cents to $2.40 after 2,255,770 stock units changed hands. Future Energy Source fell 19 cents to $3.92 in an exchange of 325,599 stock units, Indies Pharma popped 15 cents in closing at $3.30 after trading 131,851 units, Iron Rock Insurance advanced 28 cents to $2.16 after 5 shares passed through the market, ISP Finance climbed $3.83 to $23.98 after 2,092 stocks passed through the market. Knutsford Express rose 23 cents and ended at $11.52 after investors traded 20,220 stocks, Lasco Distributors rallied 34 cents to end at $3.09 with 885,161 stock units crossing the market, following full year’s results showing earnings of 38.5 cents per share, up from 29 cents in 2022. Lasco Financial declined 10 cents in closing at $2.35 in trading 454,503 units, following the release of full year results showing a fall from 24 cents per share to 16.7 cents. Main Event increased 40 cents to close at $14.65 with a transfer of 6,950 shares,
Medical Disposables dipped 66 cents to a 52 weeks’ low of $4.14 after 750 stock units crossed the market, Paramount Trading shed 10 cents to close at $2.09 in trading 25 shares and Stationery and Office Supplies dropped 42 cents in closing at $15.16 in switching ownership of 417 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market stocks close higher
Rising stocks beat out losers at the close of trading on the Junior Market of the Jamaica Stock Exchange on Monday, aided by a 14 percent rise in the volume of stocks traded at a 7 percent increase in value over Friday and resulting in the trading of 46 securities compared with 42 on Friday as market activity ended with prices 21 stocks rising, 16 declining and nine closing unchanged.
Investors traded 10,918,480 shares at $26,373,173, up from 9,582,877 units at $24,717,734 on Friday.
Trading averaged 237,358 shares at $573,330 compared to 228,164 shares at $588,517 on Friday. Trading month to date averaged 233,887 units at $617,962 compared to 233,694 stocks at $620,445 on the previous trading day. April closed with an average of 266,661 units at $2,583,503.
Spur Tree Spices led trading with 5.01 million shares for 45.9 percent of total volume Caribbean Flavours followed with 998,112 units for 9.1 percent of the day’s trade and Dolla Financial with 646,165 units for 5.9 percent market share.
At the close, the Junior Market Index climbed 7.48 points to settle at 3,757.65.
The PE Ratio, a measure of computing appropriate stock values, averages 10.8. The PE ratios of Junior Market stocks are computed using the last traded price in conjunction with ICInsider.com’s projected earnings for the financial years ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, AMG Packaging climbed 25 cents to $2.90 after exchanging 1,723 shares, Cargo Handlers increased 25 cents to $16.75, with 583 stocks changing hands, Caribbean Assurance Brokers gained 19 cents and ended at $2.69 after a transfer of 66,182 units, Caribbean Cream dipped 19 cents to end at $3, with 385 stock units crossing the market. Caribbean Flavours rallied 18 cents in closing at $1.40 after 998,112 stocks passed through the market, Derrimon Trading advanced 8 cents to close at $2.07 with an exchange of 525,248 stock units, Dolphin Cove declined 54 cents in closing at $14.96 as investors exchanged 787 units, EduFocal fell 27 cents to end at a 52 weeks’ low of $1.66 with 109,767 shares clearing the market. 
Express Catering popped 17 cents and ended at $5.11 after an exchange of 2,556 stock units, GWest Corporation rose 12 cents to $1.01 in an exchange of 8,564 units, Honey Bun increased 8 cents to close at $6.67 after investors traded 12,478 shares, Indies Pharma rose 12 cents to $3.15 with an exchange of 6,162 stocks. ISP Finance dropped $5.85 to $20.15 with investors trading 600 stock units, Jamaican Teas shed 8 cents to end at $2.10 with shareholders swapping 75,747 units, Lasco Distributors gained 25 cents and ended at $2.75, with 77,002 stocks changing hands, Lasco Manufacturing popped 10 cents in closing at $4.10 in switching ownership of 163,401 shares, Main Event lost 25 cents to end at $14.25 in an exchange of 2,411 units. Paramount Trading climbed 11 cents to $2.19 in trading 429 stocks, 
Regency Petroleum shed 8 cents and ended at $2.85 with a transfer of 198,751 shares, Spur Tree Spices advanced 11 cents to close at $2.64, with 5,012,865 stock units crossing the exchange and Stationery and Office Supplies rallied 60 cents to close at $15.58 after exchanging 5,327 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
