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.
Investors traded 5,101,812 shares for $15,733,543 compared to 10,566,673 units at $45,598,816 on Monday.
ICInsider.com’s projected earnings for the financial years ending between November 2023 and August 2024.
Indies Pharma gained 24 cents in closing at $3.30 after investors traded 12,528 units, Iron Rock Insurance rose 35 cents to 2.35 in switching ownership of 500 stocks, ISP Finance lost $5.49 to end at $21 after an exchange of 2,212 shares, KLE Group shed 28 cents and ended at $1.65 as investors exchanged 2,208 units, Knutsford Express fell 28 cents to $11.50 in an exchange of 49 stock units, Lasco Distributors advanced 30 cents to close at $3.30 with 1,076,231 stock units changing hands, Mailpac Group lost 10 cents in closing at $1.85 after 164,015 stocks were exchanged, Main Event shed 69 cents to close at $14 with investors transferring 64,505 shares, Medical Disposables climbed 67 cents in closing at $4.85 with shareholders swapping 500 units, Paramount Trading rose 9 cents to $2.19 after an exchange of 2,663 stocks, Regency Petroleum rallied 8 cents to close at $2.98 while exchanging 83,796 shares, 
Stationery and Office Supplies dipped $1.01 to end at $15.99 in trading 9,503 stock units and Tropical Battery rose 18 cents and ended at $2.07 with an exchange of 149,371 units.
Investors traded 10,566,673 shares for $45,598,816, up sharply from 5,098,602 units at $13,005,135 on Friday.
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.
Elite Diagnostic gained 27 cents ended at $2.40, with 20,385 stocks crossing the market. Fontana rose 15 cents to close at $9.75 after 75,641 shares crossed the exchange, General Accident dipped 53 cents in closing at $4.47 in switching ownership of 1,000 units, Indies Pharma shed 34 cents to end at $3.06 10,893 shares clearing the market with, Iron Rock Insurance fell 10 cents to end at $2 in an exchange of 3,932 stock units. Knutsford Express increased 78 cents to close at $11.78 in exchanging 40,290 stocks, Lasco Distributors advanced 23 cents and ended at $3 with investors trading 70,083 stock units, Lasco Financial lost 12 cents to close at $2.34 after an exchange of 103,131 shares, Limners and Bards climbed 17 cents in closing at $2.39 with trading in 4,003 stocks. Lumber Depot increased 8 cents to $2.29, with 15,933 units changing hands, Main Event rose 39 cents to end at $14.69 in an exchange of 6,410 units, Regency Petroleum shed 8 cents to close at $2.90 with a transfer of 124,924 shares. 
Stationery and Office Supplies jumped $1.50 to $17 as investors exchanged 1,505,819 stock units and left just 1,880 units on offer between $17.96 and $18.75, with the next amount offered for sale being 42,277 shares at $34.97, all that could change on Tuesday when the wider investing public is updated on developments in trading on Monday. Tropical Battery dropped 11 cents in closing at $1.89 after trading 112,891 stocks and tTech advanced 29 cents to $2.49 after just one share crossed the market.
Investors traded 5,098,602 shares for $13,005,135 versus 12,402,210 units at $34,083,670 on Thursday.
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.
Elite Diagnostic declined 27 cents to $2.13 and closed after investors traded 19,300 stocks, Honey Bun rose 22 cents to $6.89, with 35,292 units crossing the market, Indies Pharma popped 16 cents to end at $3.40 in an exchange of 30,139 shares. Iron Rock Insurance dipped 38 cents in closing at $2.10, with 31,913 units crossing the exchange, Jamaican Teas rallied 15 cents to close at $2.34 with an exchange of 78,210 stock units, KLE Group advanced 43 cents to close at $1.95 in exchange of one share, Knutsford Express fell 55 cents and ended at $11 after an exchange of 1,572 stocks. Lasco Distributors shed 13 cents to $2.77 in trading 25,745 units, Medical Disposables declined 60 cents in closing at $4.18, with 4,101 shares changing hands, Regency Petroleum popped 13 cents to end at $2.98, with 121,078 stocks clearing the market. 
Spur Tree Spices increased 9 cents to $2.42 in switching ownership of 119,299 stock units, Stationery and Office Supplies lost 27 cents to close at $15.50 after a transfer of 97 shares and tTech shed 26 cents and ended at $2.20 with investors transferring 2,750 stock units.
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.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and one with a lower offer.
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.
Investors traded 17,037,616 shares for $59,386,219 up from 9,615,167 units at $25,289,603 on Tuesday.
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.
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.
Investors traded 9,615,167 shares for $25,289,603 versus 10,918,480 units at $26,373,173 on Monday.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and two with lower offers.
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.
Investors traded 10,918,480 shares at $26,373,173, up from 9,582,877 units at $24,717,734 on Friday.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and four with lower offers.
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.
Investors traded 9,582,877 shares for $24,717,734 compared to 11,121,210 units at $47,797,567 on Thursday.
The PE Ratio, a measure of computing appropriate stock values, averages 10.9. 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.
Fontana rallied 42 cents to $9.50 in switching ownership of 126,205 stocks. Fosrich shed 25 cents and ended at $2.71 after investors traded 1,747,851 shares, Indies Pharma advanced 12 cents to $3.03 with investors transferring 71,226 units, Jamaican Teas gained 10 cents to end at $2.18 after a transfer of 414,952 stocks. JFP Ltd climbed 9 cents to $1.72 with shareholders swapping 529,202 stock units, KLE Group gained 12 cents to end at $1.62, with 100 shares crossing the market, Knutsford Express popped 94 cents in closing at $11.29 after an exchange of 11,760 units. Lasco Distributors declined 10 cents and ended at $2.50, with 226,297 stocks changing hands, Main Event rose 27 cents to close at $14.50 in an exchange of 10,372 shares, MFS Capital Partners rallied 13 cents to $3.23 with a transfer of 235,207 units.
Paramount Trading dipped 11 cents in closing at $2.08 after 29,490 stock units crossed the exchange, Stationery and Office Supplies advanced 48 cents to end at $14.98 and closed with an exchange of 677 units and Tropical Battery increased 11 cents to $1.97 with 40,994 stock units clearing the market.
Investors traded 11,121,210 shares for $47,797,567 compared to 25,198,464 units at $71,304,324 on Wednesday.
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.
Everything Fresh climbed 21 cents to end at $1.71, with 5,303 stock units crossing the exchange, Express Catering declined 20 cents to $4.90 after 5,551 shares were traded, Fontana shed 45 cents and ended at $9.08 in switching ownership of 167,960 units. Future Energy Source gained 13 cents in closing at $4.15 with a transfer of 403,467 shares, Honey Bun rallied 53 cents to close at $6.63 after 823 stock units passed through the market, Indies Pharma fell 24 cents to $2.91 with shareholders swapping 135,969 stocks. ISP Finance jumped $6.35 to $26 in trading 11,850 shares, JFP Ltd lost 11 cents in closing at $1.63 after 1,487,550 stock units passed through the market, Knutsford Express dipped 65 cents to end at $10.35 with investors transferring 35,412 stocks. Lasco Distributors rose 10 cents to end at $2.60, with 2,770 units changing hands, Lasco Manufacturing dropped 13 cents to $4 after an exchange of 50,963 shares,
Main Event increased $1.24 and ended at $14.23 in trading 146,404 units. Medical Disposables rallied 25 cents in closing at $4.85 as investors exchanged 4,364 stocks, MFS Capital Partners shed 8 cents to close at $3.10 with 153,350 stock units changing hands and Tropical Battery declined 10 cents and ended at $1.86 after 264,489 shares crossed the market.
