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.
241m Fesco shares trade on Junior market
Shares in Future Energy Source controlled more than 97 percent of stocks trading on the Jamaica Stock Exchange Junior Market on Tuesday, with the volume traded surging 1,630 percent and the value jumping 2,755 percent more than on Monday, as 42 securities were traded on Tuesday, with 19 rising, 15 declining and eight ending unchanged.
A total of 247,822,804 shares were traded for $1,466,458,584, up from 14,322,087 units at $51,366,652 on Monday.
Trading averaged 5,900,543 shares at $34,915,681 against 341,002 shares at $1,223,016 on Monday, with a month to date average of 2,131,281 units at $12,186,933 versus 268,822 units at $956,258 on the previous trading day. June closed with an average of 429,016 units at $1,630,104.
Future Energy Source led trading with 241.41 million shares for 97.4 percent of total volume followed by Dolla Financial with 1.67 million units for 0.7 percent of the day’s trade and iCreate with 810,797 units for 0.3 percent market share.
At the close, the Junior Market Index declined 9.95 points to settle at 4,316.52. The PE Ratio, a measure of computing appropriate stock values, averages 13.3. The PE ratios of Junior Market stocks incorporate ICInsider.com projected earnings for companies with financial year ends that fall between November this year and August 2023.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and three stocks with lower offers.
At the close, AMG Packaging shed 59 cents to end at $4.08 in trading 4,359 shares, CAC 2000 fell $1.12 in closing at $9, with 10,526 stock units crossing the market, Caribbean Cream dropped 45 cents to end at $4.50, with 214,185 stocks changing hands. Consolidated Bakeries increased 21 cents to $1.48 with 308,180 units clearing the market, Dolphin Cove advanced 23 cents to $16.94 with an exchange of 17,240 shares, Elite Diagnostic gained 11 cents to end at $3.50 after 23,407 units crossed the market. Express Catering popped 49 cents to $5.69 in switching ownership of 500 stock units, Fosrich rose 99 cents to $35.99 in exchanging 147,743 stocks, Future Energy Source rallied 32 cents to $6.30 while exchanging 241,412,620 stocks. iCreate climbed 24 cents to close at $4.20, with 810,797 units changing hands, Indies Pharma rose 23 cents to close at $3.28, with 500 shares crossing the exchange, ISP Finance declined $2.09 in ending at $17.03 after exchanging one stock unit. Jetcon Corporation lost 10 cents to end at $1.21 after trading 323,642 stock units, KLE Group gained 20 cents to $2.25 after exchanging 300 units, Lasco Distributors popped 14 cents in closing at $3.24 in trading 75,117 stocks. 
Lasco Manufacturing advanced 15 cents to $4.65 with the swapping of 50,250 shares, Limners and Bards climbed 14 cents to end at $2.84 in an exchange of 59,363 shares, Mailpac Group rallied 17 cents in closing at $2.84 after exchanging 432,565 units. Paramount Trading lost 20 cents in ending at $1.70 after trading 14,000 stock units and SSL Venture increased 13 cents to close at $3.70 while exchanging 191,907 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Dolla price may have hit bottom
Dolla Financial was the most visible stock trading on the Jamaica Stock Exchange Junior Market on Tuesday, accounting for the leading volume of stocks trading over 50 percent of the day’s volume after the price recovered after hitting a low at $2.62 to end at $2.92 and may have bottomed out.
As was the case on Monday, 44 securities traded, with 18 rising, 22 falling and four closing unchanged and leading the Junior Market Index to decline 58.21 points to 4,283.98.
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.
Overall, 18,129,942 shares traded for $57,975,106 compared to 16,869,220 units at $60,784,346 on the Monday. Trading averaged 412,044 shares at $1,317,616 in contrast to 383,391 shares at $1,381,462 on Monday with the month to date, averaging 441,491 units at $1,677,391 compared to 443,139 units at $1,697,531 on the previous trading day. May closed with an average of 376,907 units at $1,638,631.
Dolla Financial led trading with 9.13 million shares for 50.4 percent of total volume, followed by Mailpac Group with 2.28 million units for 12.6 percent of the day’s trade and iCreate with 1.66 million units for 9.1 percent market share.
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, Access Financial shed $1 in closing at $22.50, with 9,181 shares crossing the market, AMG Packaging declined 52 cents to end at $4.18 while exchanging 17,874 units, CAC 2000 increased 92 cents ending at $10.22 after an exchange of 1,592 stock units. Dolla Financial rose 19 cents to $2.92 after trading 9,132,047 stocks, Dolphin Cove fell $1 to close at $16.90 after finishing trading 108,294 stock units, Fontana lost 58 cents in ending at $10 after exchanging 65,517 units. Fosrich dropped 60 cents to end at $31.40 in exchanging 39,133 stocks, Honey Bun advanced 29 cents in closing at $9 with 8,037 shares changing hands, iCreate popped 60 cents to close at $4.10 in switching ownership of 1,655,947 shares. Iron Rock Insurance rallied 24 cents to $3.29 with the swapping of 14,726 stocks, ISP Finance declined $3.38 in closing at $19.12 after exchanging 1,997 units, Jamaican Teas gained 11 cents to $3.09, with 254,717 stock units crossing the market. Knutsford Express climbed 94 cents to close at $7.95 with an exchange of 1,895 shares, Lasco Distributors fell 15 cents to end at $3.10, with 210,327 units clearing the market, Main Event dropped $1.20 to $6.80 in trading 5,700 stocks. 
Medical Disposables popped 19 cents to close at $7.29 in an exchange of 7,000 stock units, SSL Venture lost 52 cents ending at $2.50, with 60,146 shares changing hands, Tropical Battery shed 11 cents to end at $2.85 after finishing with 603,680 stocks trading and tTech increased 28 cents to $3.80 with the swapping of 1,239 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Dolla domination
Dolla Financial continues to dominate trading on the Jamaica Stock Exchange Junior Market Friday, accounting for 62 percent of the day’s trades with declining volume that resulting in a 38 percent decline in total stocks traded, carrying a 58 percent lower value than on Thursday, but the market closed with a rise in the index as declining stocks outnumbered those rising.
A total of 43 securities traded versus 44 on Thursday, with 16 rising, 20 declining and seven closing unchanged. At the close, the Junior Market Index advanced 25.58 points to settle at 4,389.47.
The PE Ratio, a measure of computing appropriate stock values, averages 13. 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 19,072,409 shares traded for $61,479,940 versus 30,558,564 units at $148,120,277 on Thursday. Trading averaged 443,544 shares at $1,429,766 in contrast to 694,513 shares at $3,366,370 on Thursday, with the month to date, averaging 446,682 units at $1,716,274, mirroring the 446,876 units at $1,733,899 on the previous trading day. May closed with an average of 376,907 units at $1,638,631.
Dolla Financial led trading with 11.84 million shares for 62.1 percent of total volume, followed by Mailpac Group with 1.39 million units for 7.3 percent of the day’s trade and iCreate with 872,026 units for 4.6 percent market share.
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 dropped $1.49 to end at $20, trading 1,357 shares, AMG Packaging gained 28 cents in closing at $4.78 after 23,251 stock units changed hands, Blue Power increased 20 cents to $3.55, with 1,111 units crossing the market. Cargo Handlers climbed 40 cents in ending at $12.90, with just 21 stocks crossing the market, Caribbean Cream rose 75 cents to close at $5.50 with an exchange of 38,550 stock units, Consolidated Bakeries fell 7 cents to end at $1.29 in an exchange of 98,456 stocks. Dolla Financial shed 15 cents to close at $2.75 with the swapping of 11,838,670 units, Dolphin Cove popped 13 cents to $17.20, with 57,199 shares clearing the market, Elite Diagnostic slipped 13 cents to $3.32 with an exchange of 119,758 units. Fosrich declined 15 cents in closing at $32.20 after exchanging 112,531 stocks, GWest Corporation rallied 20 cents to $1.20 with 94,499 stock units changing hands, ISP Finance advanced $2 in closing at $22.50 after trading a mere 25 shares. Jamaican Teas shed 11 cents to close at $3.26 in switching ownership of 463,492 stocks, JFP Limited increased 9 cents in ending at $1.54 with 521,484 shares changing hands, Lasco Manufacturing fell 8 cents to end at $4.87 in exchanging 77,853 units. 
Limners and Bards declined 10 cents in ending at $2.80 while exchanging 42,534 stock units, Lumber Depot gained 10 cents to end at $3.20 in trading 249,442 stock units, Mailpac Group climbed 21 cents in closing at $2.85, with 1,391,162 shares crossing the exchange. Main Event lost $1.01 to close at $7 with 25,488 stocks clearing the market, Medical Disposables rose 18 cents to $7.44 after trading at 600 units, SSL Venture dropped 20 cents in closing at $3.50 after an exchange of 747,970 stock units and tTech declined 55 cents to close at $3.20 in switching ownership of 11,600 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Declining Junior Market
The Jamaica Stock Exchange Junior Market fell at the close of trading on Thursday as declining stocks overwhelmed rising ones by a significant margin, with the volume of stocks declining 43 percent, with a 22 percent lower value than on Wednesday.
A total of 30,558,564 shares traded for $148,120,277 down from 53,578,778 units at $189,107,558 on Wednesday. Trading averaged 694,513 shares averaging $3,366,370 versus 1,275,685 shares at $4,502,561 on Wednesday, with the month to date, averaging 446,876 units at $1,733,899 compared to 430,240 units at $1,624,237 on the previous trading day. May closed with an average of 376,907 units at $1,638,631.
A total of 44 securities traded versus 42 on Wednesday, ending with 17 rising, 26 declining and one unchanged. At the close, the Junior Market Index shed 23.25 points to settle at 4,363.89.
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.
Dolla Financial led trading with 12 million shares for 39.3 percent of total volume, followed by MailPac Group, 4.02 million units for 13.1 percent of the day’s trade. JFP Limited traded 3.21 million units for 10.5 percent market share, Lasco Distributors ended with 2.54 million units for 8.3 percent of stocks traded, Fosrich had 2.08 million units being exchanged for 6.8 percent market share and Lumber Depot with 1.85 million units for 6 percent of total volume.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and seven stocks with lower offers.
At the close, Access Financial gained $1.49 to end at $21.49 in exchanging 2,502 shares, AMG Packaging declined 43 cents ending at $4.50 in trading 446,479 stocks, Blue Power fell 35 cents in closing at $3.35 with the swapping of 1,611 units. CAC 2000 rose 25 cents to $9.20 while exchanging 25 stock units, Cargo Handlers dropped 9 cents to close at $12.50 with 33,168 units clearing the market, Caribbean Cream lost 25 cents to end at $4.75 with an exchange of 6,348 stocks. Dolphin Cove shed 86 cents in closing at $17.07, with 95,777 stock units crossing the market, EduFocal advanced 15 cents to close at $2.80 in switching ownership of 225,554 shares, Elite Diagnostic rose 15 cents to $3.45 in trading 96,759 stock units. Express Catering declined 10 cents after ending at $5.90 in exchanging 1,002 stocks, Fontana rallied 15 cents to close at $10.40 with 79,026 shares crossing the exchange, Fosrich fell $1.64 in closing at $32.35 with 2,083,629 units changing hands. Future Energy Source climbed 16 cents to $6.16 in an exchange of 217,881 units, General Accident popped 19 cents to $5.79 in trading 158 stocks, GWest Corporation shed 15 cents after ending at $1 with the swapping of 1,750 stock units. Honey Bun climbed 48 cents in closing at $8.99 after trading 3,017 shares, iCreate rallied 10 cents to end at $3.30 with 774,143 shares crossing the market, Indies Pharma dropped 19 cents to $3.26 in exchanging 53,924 stocks. ISP Finance shed $2 to close at $20.50 with the swapping of 17 stock units, JFP Limited fell 15 cents to $1.45 in an exchange of 3,205,840 units, Knutsford Express popped 15 cents to $7.95 with an exchange of 2,290 shares. 
Lasco Distributors rose 20 cents in closing at $3.25 with 2,543,264 units clearing the market, Lumber Depot fell 10 cents to finish at $3.10 with 1,848,293 stocks changing hands, Medical Disposables shed 18 cents to close at $7.26 in switching ownership of 7,032 stock units. SSL Venture declined 15 cents to $3.70 in trading 77,655 units, Stationery and Office Supplies advanced 45 cents to $12.45 in trading 57,510 stocks and Tropical Battery dropped 16 cents to end at $2.92, with 1,127,503 stock units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Dolla Financial jumps to $3.07
Dolla Financial led trading on the Jamaica Stock Exchange Junior Market on Monday, with 19 million shares for 61 percent of total volume and was the major contributor to the Market Index surging, 111.58 points to 4,314.02. Dolla helped to push the volume of stocks traded by 143 percent more and the value 118 percent more than on Friday as the price jumped 207 percent above the IPO price of $1 to close at $3.07.
All but one of the 46 listed securities traded, up from 41 on Friday, with 23 rising, 14 declining and eight unchanged. JFP Limited was the second highest traded stock, with 3.96 million units for 12.6 percent of the day’s trade and Mailpac Group with 1.0 million units for 3.2 percent of market share.
The PE Ratio, a measure of computing appropriate stock values, averages 12.7. 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 31,376,263 shares traded for $109,876,239 up sharply from 12,919,546 units at $50,357,697 on the Friday. Trading averaged 697,250 shares at $2,441,694 versus 315,111 shares at $1,228,237 on Friday, with month to date, averaging 269,551 units at $1,079,640 compared to 233,169 units at $963,775 on the previous trading day. May closed with an average of 376,907 units at $1,638,631.
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, Access Financial slipped 15 cents to $20.30 after exchanging 6,520 shares, AMG Packaging declined 19 cents in closing at $3.75, with 9,621 stock units crossing the market, CAC 2000 rallied 76 cents to end at $8.38, with 105 stocks changing hands. Cargo Handlers gained $1.24 to close at $12.30 in exchanging 19 units, Caribbean Flavours advanced 25 cents to end at $2.05 and trading of 12,726 units, Consolidated Bakeries rose 8 cents to $1.38 in switching ownership of 287,978 stocks. Dolla Financial popped 75 cents to end at a record $3.07 after closing with 19,097,416 shares changing hands, Elite Diagnostic dropped 25 cents to $3.30 in exchanging 27,569 stock units, Express Catering rose 40 cents to $5.85 with the swapping of 655 stocks. Fontana shed 74 cents to close at $10.06 while exchanging 97,588 stock units, Fosrich fell $1 to end at $30 after trading 511,763 units, Future Energy Source gained 10 cents after finishing at $6.10, with 831,157 shares crossing the exchange. iCreate increased 29 cents in closing at $3.24 after trading 979,125 stocks, Jamaican Teas rose 11 cents to $3.11 with an exchange of 126,602 shares, Jetcon Corporation gained 18 cents to close at $1.43, with 717,968 units changing hands.
JFP Limited climbed 12 cents to $1.62, with 3,960,786 stock units clearing the market, Knutsford Express advanced 80 cents to end at $7.80 in trading 2,627 stock units, Lasco Distributors dropped 25 cents to $3.10, with 88,898 units crossing the market. Lasco Manufacturing fell 45 cents to close at $4.50 after an exchange of 192,961 shares, Mailpac Group declined 12 cents to $2.80 after trading 1,003,316 stocks, SSL Venture popped 29 cents ending at 52 weeks closing high of $3.99 while exchanging 472,549 shares. Stationery and Office Supplies lost 45 cents to $12, trading 226,133 stock units and tTech shed 38 cents to end at $3.12 as 1,850 units changed hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading drops on stable Junior Market
Trading closed on the Jamaica Stock Exchange Junior Market Friday, with the volume of stocks traded declining 57 percent and the value 72 percent lower than on Thursday, leading to 40 securities trading versus 41 on Thursday, with 16 rising, 15 declining and nine closing unchanged.
At the close, the Junior Market Index slipped 1.52 points to 4,093.86.
The PE Ratio, a measure of computing appropriate stock values, averages 12.9. The Junior Market PE ratios incorporate ICInsider.com projected earnings for companies with financial year end that falls between November this year and August 2023.
A total of 6,905,892 shares traded for $24,772,346 compared to 16,085,002 units at $88,518,673 on the Thursday. Trading averaged 172,647 shares at $619,309 in contrast to 392,317 shares at $2,158,992 on Thursday, with a month to date average of 246,694 units at $1,033,707 compared to 257,160 units at $1,092,280 on the previous trading day. May closed with an average of 376,907 units at $1,638,631.
JFP Limited led trading with 1.03 million shares for 15 percent of total volume, followed by Jamaican Teas with 909,489 units for 13.2 percent of the day’s trade and Lumber Depot with 846,346 units for 12.3 percent market share.
The Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Access Financial gained 90 cents to end at $20.45 after trading 645 shares, Cargo Handlers dropped $1.52 to end at $11 in switching ownership of 77,669 units, Elite Diagnostic fell 37 cents in closing at $3.40 with 198,827 stocks changing hands. Everything Fresh increased 8 cents to $1.25 with an exchange of 58,263 stock units, Fontana fell 22 cents to close at $9.62 in exchanging 193,395 shares, Fosrich advanced 30 cents to close at $27.30 after trading 20,105 units. Honey Bun declined 47 cents and ended at $8.50, with 36,486 stocks crossing the exchange, iCreate popped 38 cents to $2.89 with 430,232 stock units changing hands, Indies Pharma rallied 10 cents to end at $3.10, with 6,294 shares clearing the market. Jamaican Teas shed 10 cents to $2.87 with the swapping of 909,489 stocks, Jetcon Corporation climbed 16 cents in closing at $1.26 after exchanging 343,454 stock units, Knutsford Express declined 40 cents to $8 after 15,047 units crossed the market.
Lasco Distributors shed 14 cents to $3.30 in trading 37,117 stock units, Lasco Manufacturing dropped 24 cents to end at $4.76 with an exchange of 2,656 shares, Main Event rose 69 cents to close at $8.89 with 1,000 stocks changing hands and Stationery and Office Supplies lost 98 cents to end at $11 after an exchange of 10,159 units.
In the preference segment, CAC 2000 9.5% preference share fell 15 cents to close at $1.01, trading 2,510 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Big fall for Junior Market
The Jamaica Stock Exchange Junior Market suffered another big blow on Tuesday, with investors slashing 84.36 points off the market Index to 4,137.85 after dropping 40.93 points. Trading closed with nearly twice as many stocks falling as rising as the volume traded climbed 34 percent above Monday’s level, with a 13 higher value.
A total of 41 securities traded versus 38 on Monday ended with 12 rising, 22 declining and seven closing unchanged.
The PE Ratio, a measure for computing appropriate stock values, averages 12.9. The PE ratio of Junior Market stocks incorporate ICInsider.com projected earnings for companies with financial years, that fall between November this year and August 2023.
A total of 7,596,593 shares traded for $29,795,186 up from 5,671,131 units at $26,380,670 on the Monday. Trading averaged 185,283 shares at $726,712 versus 149,240 stock units at $694,228 on Monday, with month to date, averaging 239,768 units at $893,491 compared to 253,643 units at $935,963 on the previous trading day. May closed with an average of 376,907 units at $1,638,631. Jamaican Teas led trading with 1.88 million shares for 24.7 percent of total volume, followed by Lumber Depot with 901,453 units for 11.9 percent of the day’s trade and Tropical Battery with 780,192 units for 10.3 percent market share.
Investor’s Choice bid-offer indicator shows eight stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Access Financial fell $2.70 to $19.10 while exchanging 1,000 shares, AMG Packaging lost 9 cents to end at $3.50 in swapping 290,148 units, Cargo Handlers declined $1 to close at $11, with 4,725 stock units crossing the market. Caribbean Assurance Brokers shed 30 cents to end at $2.12 in trading 12,097 stocks, Caribbean Flavours dropped 10 cents to $1.88 in an exchange of 4,450 units, Derrimon Trading rallied 10 cents to end at $2.75 in exchanging 44,396 shares. Dolphin Cove gained 63 cents in closing at $16.79 after trading 64,783 stock units, Elite Diagnostic advanced 34 cents to $3.64, with 4,123 stocks crossing the exchange, Everything Fresh dropped 33 cents to close at $1.15 with 14,685 units changing hands. Express Catering shed 25 cents in ending at $5.60 after exchanging 33,964 stocks, Fosrich rose $1.79 in closing at $27.99 after an exchange of 59,479 shares, General Accident increased 15 cents to end at $6 in trading 251,243 stock units. Honey Bun fell 7 cents to $8.90 after exchanging 7,918 shares, iCreate slipped 20 cents to $2.70 with an exchange of 255,561 stock units, Indies Pharma declined 15 cents to close at $3 in switching ownership of 54,000 stocks. Jamaican Teas fell 14 cents to $3, with 1,875,436 units changing hands, JFP Limited shed 8 cents to end at $1.45 with 650,760 units clearing the market, Lasco Distributors lost 29 cents to close at $3.20 after exchanging 24,610 stock units. 
Mailpac Group declined 10 cents in closing at $2.70 after an exchange of 131,395 shares, Medical Disposables rose 11 cents to $7.11 in switching ownership of 33,107 stocks, Spur Tree Spices dropped 9 cents to $3.80 in an exchange of 165,361 units. SSL Venture popped 20 cents to end at $1.85 in exchanging 178,177 stock units and Stationery and Office Supplies dropped $1.25 to $11.05 with the swapping of 8,392 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
