Trading closed Thursday on the Junior Market, with the volume and value of stocks trading declining from Wednesday’s level of trades and the market index putting in a solid performance to recover nearly all of the 38 points fall on Wednesday.
At the close, the Junior Market Index rallied 34.96 points to end at 3,361.90, after 36 securities traded compared to 37 on Wednesday and ended with 18 rising, 14 declining and four closing unchanged.
The PE Ratio, a measure used to compute appropriate stock values, averages 13.6. The PE ratio of each stock is shown in the chart below, is based on earnings forecasted by ICInsider.com for companies with their financial year ending up to August 2022.
A sum of 3,697,415 shares traded for $12,782,196 down from 3,844,068 units at $14,596,020 on Wednesday. Jamaican Teas led trading with 777,341 shares for 21 percent of total volume followed by Lumber Depot with 733,555 units after and 19.8 percent of the day’s trade and Limners and Bards with 421,749 units for 11.4 percent market share.
Trading averaged 102,706 shares at $355,061 in contrast to 103,894 shares at $394,487 on Wednesday, and month to date, averages 164,650 units at $564,066, compared to 168,091 units at $575,677 on Wednesday. September closed with an average of 207,032 units at $668,264.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Access Financial climbed $2.34 to $19.70 with the swapping of 6,501 shares, CAC 2000 dropped $1.20 to end at $8.05 after 5,333 stocks crossed the exchange, Caribbean Assurance Brokers shed 13 cents to close at $1.65 after trading 3,143 stock units. Caribbean Cream rose 14 cents to $5.97 with 417 units changing hands, Consolidated Bakeries declined 15 cents to $1.55 in an exchange of 13,896 units, Derrimon Trading advanced 5 cents to $2.40 in trading 81,273 stock units. Dolphin Cove jumped 82 cents to close at $10.25 in exchanging 10,476 shares, Everything Fresh rose 5 cents to 98 cents, with 305 stocks crossing the market, Express Catering lost 20 cents in closing at $5 after exchanging 17,424 stock units. Fontana popped 38 cents to end at $6.88 after exchanging 86,886 units, Fosrich spiked 9 cents to close at $8.44 while exchanging 16,367 stocks, Honey Bun rallied 28 cents to $9.28, with 114,985 shares crossing the market. iCreate fell 6 cents to 92 cents with an exchange of 68,175 shares, Indies Pharma rose 21 cents to end at $3.40, with 21,438 stock units changing hands, Jamaican Teas increased 19 cents to $4.45 in switching ownership of 777,341 stocks. Knutsford Express spiked 75 cents to $8.05, with 712 units clearing the market, Lasco Distributors declined 10 cents to close at $3.60 after exchanging 22,430 stock units, Lasco Financial dropped 14 cents to $3.05 in trading 59,314 units. 
Lasco Manufacturing lost 20 cents to $4.30 after 27,840 shares crossed the exchange, Mailpac Group advanced 6 cents to $3.83 in exchanging 201,426 stocks, Main Event gained 24 cents to end at $4 with 7,500 shares changing hands. Medical Disposables fell 32 cents in closing at $4.93, after trading 47,340 stocks, Stationery and Office Supplies shed 10 cents to $6 with an exchange of 13,398 stock units and tTech fell 45 cents to end at $4.25, after 1,143 units crossed the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Pull back for Junior Market
At the close of trading on Wednesday, Junior Market stocks gave back a sizeable portion of Tuesday’s near 80 points gain, with the Index slipping 37.64 points to close at 3,326.94. The volume of stocks traded declined marginally, with the value rising 24 percent over Tuesday at the close of the Jamaica Stock Exchange Junior Market.
For a second consecutive day, 37 stocks traded and ended with 18 rising, 15 declining and four closing unchanged.
The PE Ratio, a measure used to compute appropriate stock values, averages 13.3. The PE ratio of each stock shown in the chart below is based on earnings forecast done by ICInsider.com for companies with financial years ending up to August 2022.
A total of 3,844,068 shares traded for $14,596,020 compared to 4,194,434 units at $11,727,353 on Tuesday. Jamaican Teas led trading in controlling 44.3 percent of total volume with 1.7 million shares for followed by Lumber Depot 15.7 percent with 602,207 units and Mailpac Group 7.7 percent with 297,012 shares.
Trading averaged 103,894 shares at $394,487 versus 113,363 shares at $316,955 on Tuesday, with the month to date, averaging 168,091 units at $575,677, compared to 171,979 units at $586,650 on Tuesday. September closed with an average of 207,032 units at $668,264.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and five with lower offers.
At the close, Access Financial dropped $2.34 in closing at $17.36 in exchanging 1,052 shares, AMG Packaging climbed 10 cents to $1.75 with the swapping of 100 stock units, Blue Power advanced 10 cents to $3.10 after trading 5,786 stocks. Cargo Handlers spiked 84 cents to $7.89 after 100 units crossed the exchange, Caribbean Cream shed 7 cents to close at $5.83, with 177,214 stocks changing hands, Consolidated Bakeries declined 5 cents to close at $1.70 in switching ownership of 8,150 shares. Derrimon Trading fell 5 cents in closing at $2.35 after exchanging 60,312 stock units, Dolphin Cove lost 81 cents to end at $9.43 in trading 152 units, Elite Diagnostic popped 19 cents to $3.29 after trading 12,171 shares. Everything Fresh fell 5 cents to 93 cents with an exchange of 58,434 stock units, Express Catering lost 13 cents to end at $5.20 after trading 48,352 units, Fontana climbed 20 cents to $6.50 in an exchange of 46,039 stocks. Fosrich fell 5 cents to close at $8.35, with 11,232 units crossing the exchange, General Accident popped 9 cents to $5.44 with 6,000 shares changing hands, GWest Corporation rallied 8 cents in closing at 93 cents while exchanging 16,43 stocks. Honey Bun increased 40 cents to $9, with 7,845 stock units clearing the market, iCreate rose 9 cents to 98 cents after 36,414 units crossed the exchange, ISP Finance dropped $2.03 to end at $47.97 trading just two stock units. Jamaican Teas shed 19 cents to close at $4.26 with an exchange of 1,701,459 stocks, KLE Group gained 17 cents in closing at $1.33, with 3,400 shares changing hands, Knutsford Express popped 10 cents to $7.30 after exchanging 908 stocks. 
Lasco Distributors rose 10 cents to close at $3.70 with 85,513 units changing hands, Lasco Manufacturing lost 30 cents to end at $4.50 while exchanging 58,570 stock units, Lumber Depot rose 6 cents to $2.92 with the swapping of 602,207 shares. Main Event dropped 44 cents in closing at $3.76 in trading 59,000 stock units and tTech rallied 45 cents in closing at $4.70 in switching ownership of 407 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Sharp spike for Junior Market
The Junior Market Index surged 79.76 points to settle at 3,364.58 on Tuesday, after opening, trading well up at 3,360.07 points. The volume of stocks traded slipped moderately, compared to market activity on Monday, with the value falling 28 percent at the close of a bullish session on the Jamaica Stock Exchange Junior Market, t.
Market activity led to 37 securities trading compared to 36 on Monday and ended with 18 rising, 10 declining and nine, closing unchanged.
The PE Ratio, a measure used to compute appropriate stock values, averages 13.4. The PE ratio of each stock is shown in the chart below, is based on earnings forecasted by ICInsider.com for companies with their financial year ending up to August 2022.
Trading ended with 4,194,434 shares changing hands for $11,727,353 compared to 4,466,932 units at $16,339,623 on Monday. Future Energy Source led trading with 1.09 million shares for 26 percent of total volume, followed by Lumber Depot with 612,943 units for 14.6 percent of the day’s trade and Jamaican Teas 512,665 units 12.2 percent of trading.
Trading averaged 113,363 shares at $316,955 in contrast to 124,081 shares at $453,878 on Monday, and month to date an average of 171,979 units at $586,650, compared to 175,757 units at $604,034 on Monday. September closed with an average of 207,032 units at $668,264.
Investor’s Choice bid-offer indicator shows no stock ending with a bid higher than the last selling price and six closed with lower offers.
At the close, AMG Packaging declined 15 cents to $1.65 in switching ownership of 10,755 shares, Blue Power dropped 30 cents to $3, with 10,129 units changing hands, CAC 2000 popped $1.19 in closing at $9.25 while exchanging 1,000 stock units. Cargo Handlers rose 5 cents to $7.05 after exchanging 50 stocks, Caribbean Assurance Brokers climbed 5 cents to $1.75 after trading 10,809 stock units, Consolidated Bakeries spiked 25 cents to $1.75 trading 630 units. Dolphin Cove popped $2.04 to $10.24 with 4,850 shares crossing the market, Elite Diagnostic shed 19 cents in ending at $3.10 with the swapping of 1,300 stocks, Express Catering gained 33 cents to end at $5.33 in trading 40,600 stocks. Fontana lost 19 cents to close at $6.30 with an exchange of 91,248 stock units, Fosrich fell 10 cents to close at $8.40 in exchanging 33,976 units, Honey Bun rallied 20 cents to $8.60 after exchanging 316 shares. iCreate shed 8 cents to end at 89 cents, with 15,300 units crossing the exchange, Thinly traded ISP Finance surged $10.02 ending at a record high $50, with 500 shares clearing the market, Jetcon Corporation dropped 8 cents in closing at $1.02 in an exchange of 320,202 stocks. 
KLE Group fell 19 cents in closing at $1.16 after 19 stock units crossed the market, Lasco Manufacturing rallied 12 cents to $4.80, with 1,034 stock units clearing the market, Mailpac Group rose 6 cents to end at $3.80 in an exchange of 311,160 stocks. Main Event popped 32 cents to $4.20 in switching ownership of 450 shares and Medical Disposables advanced 27 cents to $5.25 in an exchange of 11,400 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market starts week with a fall
Trading closed on Monday, with the Junior Market index dropping 17.31 points to 3,284.82 as the volume of stocks traded declined 46 percent and the value slipping by 30 percent from Friday activity at the close of the Jamaica Stock Exchange Junior Market.
Market activity led to 36 securities trading up from 32 on Friday and ended with 11 rising, 18 declining and seven unchanged.
The PE Ratio, a measure used to compute appropriate stock values, averages 13. The PE ratio of each stock is shown in the chart below, is based on earnings forecasted by ICInsider.com for companies with their financial year ending up to August 2022.
Trading ended with 4,466,932 shares changing hands for $16,339,623 compared to 8,337,540 units at $23,193,961 on Friday. Lumber Depot led trading with 1 million shares for 22.5 percent of total volume, followed by Future Energy Source with 686,651 units for 15.4 percent of the day’s trade and Limners and Bards with 674,420 units for 15.1 percent market share.
Trading averaged 124,081 shares at $453,878 in contrast to 260,548 shares at $724,811 on Friday and month to date an average of 175,757 units at $604,034, compared to 179,215 units at $614,082 on Friday. September closed with an average of 207,032 units at $668,264.
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 popped $2.45 to $19.70 with 3,000 shares clearing the market, Caribbean Assurance Brokers dropped 9 cents to $1.70 after exchanging 20,015 stock units, Caribbean Cream shed 20 cents to close at $5.90 after trading 142 stocks. Caribbean Flavours gained 5 cents to $1.94 while exchanging 51,037 units, Derrimon Trading advanced 8 cents to $2.40, with 254,993 shares crossing the exchange, Elite Diagnostic rose 19 cents to $3.29 after 21,243 stocks crossed the market. Express Catering lost 33 cents to $5 in an exchange of 78,275 units, Fontana increased 10 cents to $6.49 with 24,636 stock units changing hands, Fosrich spiked 20 cents in closing at $8.50 in trading 503,233 shares. GWest Corporation declined 12 cents to 83 cents in exchanging 59,347 units, Honey Bun fell 20 cents to $8.40 after exchanging 21,848 stock units, iCreate fell 6 cents to 97 cents with 2,692 stocks changing hands. Jamaican Teas climbed 6 cents to $4.45 in switching ownership of 254,158 stock units, KLE Group rallied 15 cents to $1.35 with an exchange of 53,319 stocks, Knutsford Express lost 85 cents at $7.20 with the swapping of 218 units.
Lasco Distributors dropped 30 cents to $3.60 after trading 6,065 shares, Mailpac Group declined 5 cents to close at $3.74 in exchanging 368,586 shares, Medical Disposables spiked 24 cents in closing at $4.98 while exchanging 2,500 units. Stationery and Office Supplies shed 30 cents in ending at $6.10 after trading 2,000 stocks, Tropical Battery gained 5 cents to end at $1.29, with 247,329 stock units crossing the market and tTech fell 45 cents to $4.25 crossing in trading 1,550 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market consolidating ahead of results
Trading pulled back on Thursday, with the volume of stocks traded falling 49 percent, with the value slipping 46 percent below Wednesday’s market activity on the Junior Market of the Jamaica Stock Exchange, but the market index rallied 6.60 points to 3,285.94.
Market activity led to 35 securities trading compared to 38 on Wednesday and ended with 14 rising, 13 declining and eight, closing unchanged.
The PE Ratio, a measure used to compute appropriate stock values, averages 13.3. The PE ratio of each stock is shown in the chart below, is based on earnings forecast for companies with the financial year ending up to July 2022, computed by ICInsider.com.
Trading ended with 3,121,228 shares changing hands for $10,611,834 compared to 6,124,546 units at 19,675,741 on Wednesday. Future Energy Source led trading with 613,900 shares for 19.7 percent of total volume, followed by Lumber Depot with 522,227 units for 16.7 percent of the day’s trade and Lasco Distributors 377,258 units for 12.1 percent market share.
Trading averaged 89,178 shares at $303,195 versus 161,172 shares at $517,783 on Wednesday and month to date, an average of 174,072 units at $607,079, compared to 180,380 units at $629,660 on Wednesday. September closed with an average of 207,032 units at $668,264.
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, AMG Packaging climbed 5 cents to $1.80, with 60,100 shares clearing the market, Cargo Handlers dropped $1 to $7 with an exchange of 57,812 stocks, Caribbean Assurance Brokers rallied 14 cents to close at $1.79 after exchanging 6,555 stock units. Caribbean Flavours fell 6 cents to $1.89 in an exchange of 44,870 units, Consolidated Bakeries shed 11 cents in closing at $1.50 trading 60,268 shares, Express Catering declined 12 cents to $4.65 in exchanging 34,060 units. Fosrich popped 5 cents to $8.25 while trading 90,380 stocks, General Accident dropped 12 cents to $5.32 in trading 6,341 stock units, Honey Bun dipped 10 cents to $8.50, with 36,913 shares crossing the market. iCreate lost 8 cents in closing at 95 cents with an exchange of 162,076 stock units, Indies Pharma fell 23 cents to $3.15 in trading 31,358 units, Lasco Distributors popped 5 cents in closing at $3.80 after exchanging 377,258 stocks. Lasco Financial added 11 cents to end at $3.20, with 40,105 stocks changing hands, 
Lasco Manufacturing advanced 21 cents to $4.71 in switching ownership of 20,732 units, Mailpac Group popped 7 cents to $3.82, with 118,807 stock units crossing the market. Main Event shed 11 cents in ending at $4.03 with the swapping of 3,700 shares, Medical Disposables declined 26 cents to $4.74 in exchanging 131,266 stock units and Tropical Battery rose 9 cents to $1.33, with 27,345 units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Fractional pull back for Juniors
On Wednesday, trading volume and value differed moderately from Tuesday, leading the Jamaica Stock Exchange Junior Market into a mild fall after 38 securities changed hands compared to 37 on Tuesday and ending with 13 rising, 18 declining and seven, closing unchanged.
At the close, the Junior Market Index slipped 10.08 points to settle at 3,279.34, after opening at 3,343.21. The PE Ratio, a measure used to compute appropriate stock values averages 13. The PE ratio of each stock is shown in the chart below, is based on earnings forecasted by ICInsider.com for companies whose financial year ends up to July 2022.
Trading garnered 6,124,546 shares for $19,675,741 compared to 5,877,002 units at $21,013,738 on Tuesday .Limners and Bards led trading with 3.05 million shares for 49.8 percent of total volume, followed by Lumber Depot 690,002 units with 11.3 percent of the day’s trade and Mailpac Group with 553,692 units for 9 percent market share. There was an average of 161,172 units at $517,783 in contrast to an average of 158,838 at $567,939 on Tuesday. The average or the month to date amounts to 84,959,068 units at $296,570,085 in contrast to 182,066 units at $639,479.
Trading averaged 161,172 shares at $517,783 in contrast to 158,838 shares at $567,939 on Tuesday. Trading month to date, averages 180,380 units at $629,660, compared to 182,066 units at $639,479 on Tuesday. September closed with an average of 207,032 units at $668,264.
Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and two with lower offers.
In trading, Access Financial declined $1.25 to $17.25 after exchanging 12,651 shares, AMG Packaging fell 18 cents to $1.75 while trading 358,000 stocks, as investors reacted to the release of full year results of 12 cents per share, up from 11 cents in 2020. Blue Power rose 26 cents to $3.31 after 69,451 units crossed the market, Cargo Handlers popped 20 cents to close at $8 in switching ownership of 672 stock units, Caribbean Assurance Brokers lost 8 cents and ended at $1.65 in an exchange of 32,751 units, Caribbean Cream shed 65 cents to end at $5.55, with 24,294 stocks clearing the market. Consolidated Bakeries dropped 12 cents at $1.61 while trading 2,000 shares, Dolphin Cove shed $2.05 to $8.20 after exchanging 5,000 stock units, Elite Diagnostic fell 12 cents in closing at $2.98 with 217,117 shares changing hands. Everything Fresh increased 8 cents to close at 96 cents after 1,206 stock units changed hands, Express Catering lost 13 cents to close at $4.77 trading 59,791 stocks, Fontana gained 9 cents to end at $6.45 with the swapping of 64,340 units. 
Fosrich climbed 10 cents to $8.20 in exchanging 950 units, Honey Bun fell 10 cents in closing at $8.60, with 620 shares crossing the market, Jamaican Teas rallied 8 cents to $4.38 with an exchange of 119,546 stocks. Lasco Distributors spiked 15 cents to end at $3.75 in trading 46,113 stock units, Lasco Financial declined 14 cents to close at $3.09, with 32,429 stocks changing hands, Main Event dropped 15 cents to $4.14 after exchanging 1,240 stock units. Stationery and Office Supplies shed 50 cents ending at $6 in trading 1,600 shares and tTech advanced 42 cents in closing at $4.67 after 3,090 units crossed the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading drops on junior Market
The number of securities trading rose sharply on Tuesday, but the volume of stocks traded declined 18 percent and the value fell 19 percent below Friday levels on the Jamaica Stock Exchange Junior Market and resulting in a fall in the market index.
Market activity led to 37 securities trading compared to 31 on Friday and ended with ten rising, 16 declining and 11 closing unchanged.
The Junior Market Index shed 35.98 points to 3,288.42. The PE Ratio, a measure used to compute appropriate stock values, averages 13.5. The PE ratio of each stock is shown in the chart below, is based on earnings forecasted by ICInsider.com for companies with their financial year ending up to July 2022.
Trading ended with 5,877,002 shares changing hands for $21,013,738 down from 7,139,761 units at $25,836,483 on Friday. Mailpac Group led trading with 4.38 million shares for 74.5 percent of total volume, followed by Future Energy Source with 490,153 units for 8.3 percent of the day’s trade and Limners and Bards 213,465 units with a 3.6 percent market share.
Trading averaged 158,838 shares at $567,939 in contrast to 230,315 shares at $833,435 on Friday. Trading month to date, averages 182,066 units at $639,479, compared to 184,236 units at $646,163 on Friday. September closed with an average of 207,032 units at $668,264.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and five with lower offers.
At the close, Blue Power shed 15 cents to end at $3.05, with 21,083 shares crossing the market, Cargo Handlers rallied 80 cents to $7.80 while exchanging 990 stock units, Caribbean Cream dipped 5 cents to $6.20 trading 1,750 units. Caribbean Flavours advanced 6 cents in closing at $1.95 after trading 3,131 stocks, Elite Diagnostic rose 10 cents to $3.10 with 10,500 stock units changing hands, Everything Fresh dropped 8 cents to 88 cents after exchanging 9,067 shares. Express Catering fell 5 cents to close at $4.90, with 6,500 units crossing the exchange, Fontana lost 32 cents to end at $6.36 in switching ownership of 44,245 stocks, Fosrich declined 10 cents to $8.10, with 15,806 units changing hands. Iron Rock Insurance spiked 49 cents to $3.79 with an exchange of 100 stock units, Jamaican Teas dropped 5 cents to close at $4.30 with the swapping of 80,017 stocks, Knutsford Express popped 60 cents to $8.10, trading 2,243 shares. Lasco Manufacturing lost 10 cents in closing at $4.50 in an exchange of 39,219 stock units, 
Limners and Bards fell 11 cents to $3.51, with 213,465 shares clearing the market, Lumber Depot climbed 8 cents to end at $2.91 after exchanging 177,643 units. Main Event increased 29 cents, ending to $4.29, with 7,478 stocks crossing the market, Medical Disposables shed 25 cents to close at $5 in switching ownership of 55,000 shares and Tropical Battery lost 9 cents to end at $1.26, with 10,000 units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Mild slip for Junior Market
Trading closed Thursday, on the Jamaica Stock Exchange Junior Market with a 16 percent fall in the volume of stocks traded on Wednesday after marginally less funds passed through the market and leaving the market index slipping by the slimmest of margins.
At the close, the Junior Market Index dipped 0.29 points to settle at 3,305.34 after market activity led to trading in 36 securities down from 38 on Wednesday and ending, with 14 rising, 12 declining and 10 closing unchanged.
The PE Ratio, a measure used to compute appropriate stock values, averages 12.7. The PE ratio of each stock is shown in the chart below, is based on earnings forecasted by ICInsider.com for companies with their financial year ending up to April 2022.
At close, 4,213,606 shares traded for $15,623,313 down from 5,024,379 units at $15,818,690 on Wednesday. Lumber Depot led trading with 1.55 million shares for 36.7 percent of total volume followed by Limners and Bards 535,900 units with 12.7 percent of the day’s trade and Cargo Handlers 501,000 units with 11.9 percent market share.
Trading averaged 117,045 shares at $433,981 versus 132,221 shares at $416,281 on Wednesday and month to date, an average of 180,323 units at $630,258, from 187,247 units at $651,735 on Wednesday. September closed with an average of 207,032 units at $668,264.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Access Financial increased 90 cents to end at $18.90 after exchanging 5,550 shares, Blue Power climbed 13 cents in ending at $3.38, with 3,420 stocks crossing the market, Caribbean Assurance Brokers rallied 7 cents in closing at $1.77 after an exchange of 6,893 units. Caribbean Flavours popped 7 cents to $1.96 after trading 24,567 stock units, Derrimon Trading lost 19 cents to $2.35 while exchanging 22,043 shares, Fontana declined 28 cents to close at $6.40 after 79,793 stock units changed hands. General Accident rose 13 cents $5.45 in an exchange of 19,000 units, Honey Bun fell 35 cents to $8.70 with the swapping of 6,684 stocks, iCreate dropped 12 cents to 89 cents crossing, with 191,451 units passing through the market. ISP Finance advanced $5 to end at a record high of $40 after finishing trading of 200 shares, Jamaican Teas gained 10 cents to close at $4.15 with an exchange of 452,530 stock units, KLE Group shed 15 cents in ending at $1.15 in exchanging 500 stocks. 
Knutsford Express declined 10 cents to end at $8.10 in trading 503 units, Lasco Manufacturing dipped 10 cents to $4.60 with 5,361 shares changing hands, Lumber Depot lost 12 cents in closing at $2.85 trading 1,545,090 stock units. Main Event popped 11 cents to $3.76 in switching ownership of 600 stocks and Stationery and Office Supplies climbed 50 cents to end at $6.50 trading 10,000 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading picks up for Junior Market
Trading picked up on Wednesday, with a 37 percent rise in the volume of stocks trading, accompanied by 43 percent higher value than on Tuesday, leading the Jamaica Stock Exchange Junior Market to close with a modest rise of 13.17 points Market Index 3,305.63.
A total of 38 securities traded compared to 36 on Tuesday and ended with 15 rising, 14 declining and nine, closing unchanged.
The PE Ratio, a measure used to compute appropriate stock values, averages 12.6 based on ICInsider.com’s 2021-22 earnings forecast.
Trading ended with 5,024,379 shares changing hands for $15,818,690 compared to 3,674,474 units at $11,048,134 on Tuesday. Lumber Depot led trading with 1.57 million shares to control 31.3 percent of total volume, followed by Derrimon Trading with 842,422 units for 16.8 percent of the day’s trade and iCreate 674,498 units with 13.4 percent market share.
Trading averaged 132,221 shares at $416,281 compared to 102,069 shares at $306,893 on Tuesday and month to date averages 187,247 units at $651,735, versus 194,432 units at $682,482 on Tuesday. September closed with an average of 207,032 units at $668,264.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Access Financial lost $1.51 to close at $18 in switching ownership of 748 shares, AMG Packaging advanced 12 cents to $1.89 after exchanging 3,717 stock units, CAC 2000 spiked $2.25 to $9.25, trading just ten units. Caribbean Assurance Brokers shed 5 cents to end at $1.70 in exchanging 1,498 stock units, Caribbean Cream declined 35 cents to $6.40, with 7,584 units crossing the market, Caribbean Flavours fell 7 cents to $1.89, with 105,383 shares crossing the exchange. Consolidated Bakeries popped 5 cents to $1.55 after 5,396 stocks changed hands, Derrimon Trading climbed 23 cents to close at $2.54 trading 842,422 units, Dolphin Cove rose 25 cents to $10.25 while exchanging 777 stock units. Everything Fresh dropped 5 cents to 93 cents after exchanging 2,626 shares, Express Catering fell 30 cents to close at $5 with an exchange of 35,066 stocks, Fontana rose 37 cents to $6.68 in trading 132,792 units. Fosrich gained 8 cents to $8.20 after an exchange of 1,324 stocks, Future Energy Source rallied 9 cents to $2.64, with 298,186 shares clearing the market, Honey Bun rallied 50 cents to $9.05 with the swapping of 19,923 units. 
Jamaican Teas advanced 5 cents to $4.05 in trading 202,484 stock units, KLE Group climbed 11 cents to $1.30, with 40,000 units changing hands, Lasco Manufacturing increased 16 cents to end at $4.70 in trading 18,613 stocks. Limners and Bards shed 15 cents to $3.52 with the swapping of 42,598 shares, Main Event declined 85 cents to close at $3.65 after trading 7,226 stock units and Medical Disposables spiked 43 cents to close at $5.24 while exchanging 18,600 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading dives on Junior Market
Trading levels dived on Tuesday, with the volume traded declining 56 percent and the value dropping 69 percent below trading on Monday at the close of the Jamaica Stock Exchange Junior Market, leaving the market index with a moderate gain.
Thirty six securities traded compared to 37 on Monday and ended, with 15 rising, 14 declining and seven, closing unchanged.
The Junior Market Index increased 14.76 points to 3,292.46. The PE Ratio, a measure used in computing appropriate stock values, averages 12.7 based on ICInsider.com’s 2021-22 earnings forecast.
Overall, 3,674,474 shares traded at $11,048,134 versus 8,315,636 units at $36,059,912 on Monday. Jamaican Teas led trading with 1.29 million shares and accounted for 35.2 percent of total volume, followed by iCreate, with 741,545 units for 20.2 percent of the day’s trade and Future Energy Source with 665,429 units for 18.1 percent market share.
Trading averaged 102,069 shares at $306,893 in contrast to 224,747 shares at $974,592 on Monday. Trading month to date, averages 194,432 units at $682,482, compared to 207,472 units at $735,506 on Monday. September closed with an average of 207,032 units at $668,264.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, Access Financial shed 19 cents at $19.51 in trading 1,400 shares, AMG Packaging declined 13 cents to $1.77, with 08 stocks crossing the exchange, Blue Power gained 25 cents to end at $3.25 in an exchange of 2,730 units. Caribbean Assurance Brokers fell 5 cents to $1.75 after 28,957 stock units crossed the market, Caribbean Cream popped 5 cents to $6.75, with an exchange of 9,807 units, Consolidated Bakeries dropped 30 cents in closing at $1.50 in switching ownership of 56,508 shares. Dolphin Cove rallied 31 cents to $10 while exchanging 4,709 stock units, Express Catering spiked 30 cents to $5.30 with the swapping of 2,000 stocks, Fontana fell 9 cents to $6.31, with 68,036 shares changing hands. Honey Bun fell 45 cents to $8.55 in exchanging 7,630 stocks, iCreate increased 13 cents to $1.05 trading 741,545 units, Jamaican Teas lost 8 cents in closing at $4 with an exchange of 1,294,858 stock units. Jetcon Corporation rose 10 cents to $1.10 after exchanging 24,380 stock units, KLE Group climbed 6 cents to close at $1.19, trading 1,000 shares, Knutsford Express advanced 20 cents to $8.20, with 7,056 units crossing the market. Lasco Distributors declined 10 cents to $3.60 after exchanging 18,491 stocks, Lasco Manufacturing shed 11 cents in closing at $4.54 after trading 21,578 units, Lumber Depot rose 7 cents to $2.97 trading 180,906 shares. 
Mailpac Group climbed 13 cents to $3.85 with the swapping of 221,732 stock units, Main Event rallied 50 cents to $4.50 trading 650 stocks, Medical Disposables popped 8 cents to close at $4.81 in switching ownership of 5,000 shares. Stationery and Office Supplies dropped 48 cents to $6, with 2,000 stocks clearing the market and tTech spiked 72 cents to $4.79 while exchanging 466 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
