At the close of a moderately bullish trading session on the Jamaica Stock Exchange Junior Market on Friday, Caribbean Cream and Jetcon Corporation closed at 52 weeks high, with shareholders reacting to half year results of the former and the continuation of bullish sentiments at Jetcon, that drove the price up 248 percent for the year to date and Kremi up 84 percent.
Elsewhere, trading closed after a 53 percent drop in the quantity of stocks traded, carrying a 45 percent lower value compared with Thursday, following trading in 38 securities, compared with 40 on Thursday and ending with prices of 16 rising, nine falling and 13 closing firm, resulting in a tidy gain for the market index.
The market closed following an exchange of 4,199,925 shares worth $10,079,717, down from 9,001,420 units at $18,200,038 on Thursday.
The average trade for the day ended at 110,524 shares for $265,256, well below the 225,036 stocks at $455,001 on Thursday. Trading for the month to date, averages 551,999 units at $1,018,094, closely aligned with 588,548 stock units at $1,080,420 on the previous day and higher than the average of 324,023 shares at $544,060 for September.
RA Williams led trading with 905,109 shares for 21.6 percent of total volume, followed by Dolla Financial with an exchange of 405,177 units for 9.6 percent of the day’s trade and Caribbean Cream with 358,925 shares for 8.5 percent of the volume traded.
At the close of trading, the Junior Market Index rose 32.97 points to close trading at 3,130.89. The Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and three with lower offers.
The Junior Market ended trading with an average PE Ratio of 12.4. ICInsider.com computes the PE ratios derived by dividing the last traded stock price by earnings per share for companies with the fiscal years ending around August 2027.
At the close, Access Financial climbed $1.87 in closing at $20.98 in an exchange of 90 units, AMG Packaging rose 10 cents to close at $1.82 with investors swapping 585 stocks, Caribbean Cream one of ICInsider.com TOP10 stock, traded as high as $4.19, in the morning session, but closed with a gain of 55 cents to end at a 52 weeks closing high of $3.85, following an exchange of 358,925 shares. The stock jumped following the release of impressive six months results of 30 cents per share, following 18 cents per share in the second quarter. Dolla Financial popped 16 cents and ended at $3.68 as investors exchanged 405,177 stock units, Dolphin Cove increased 5 cents to finish at $10.14, with 1,820 shares crossing the market, Everything Fresh climbed 14 cents and ended at $1.85 after a transfer of 1,648 units. Future Energy shed 8 cents in closing at $3.60 with investors trading 229,160 stocks, Image Plus dropped 5 cents to close at $1.75 after an exchange of 62,344 stock units,
Jamaican Teas rallied 19 cents to end at $2.19 with investors dealing in only 2 shares. Jetcon Corporation rose 1 cent to close at a 52 weeks high of $5.19 after an exchange of 38,523 shares, Lasco Financial skidded 5 cents to finish at $1.50, after 8,549 stock units passed through the market, Limners and Bards fell 10 cents and ended at 98 cents in an exchange of 141,131 stocks, MFS Capital Partners rose 10 cents in closing at 57 cents, with a mere 1 unit clearing the market. Paramount Trading climbed 14 cents to close at $1.04 in trading 82 shares, RA Williams increased by 8 cents to end at 77 cents with a transfer of 905,109 stocks and Regency Petroleum dipped by 13 cents to finish at $4.05, after 11,253 units passed through the market.Prices of securities trading are those for the last transaction.
The market closed with an exchange of 123,887 shares for US$7,308, a big decline from 403,181 stock units at US$25,918 on Thursday.
The market closed with trading of 9,001,420 shares for $18,200,038, compared with 4,951,523 units at $9,364,927 on Wednesday.
ICInsider.com computes the PE ratios, derived by dividing the last stock price by earnings per share for companies with the fiscal year ending around August 2027.
Image Plus skidded 6 cents and ended at $1.80 with investors swapping 1,562,382 units, Jamaican Teas dropped 16 cents to end at $2 after an exchange of 3,943,420 stock units. Jetcon Corporation increased 29 cents to close at $5.18 with a transfer of 127,834 shares, Knutsford Express climbed 6 cents to $8.51, with 64,081 stock units crossing the exchange, Paramount Trading declined by 15 cents to finish at 90 cents in switching owners of 1,059 units. Regency Petroleum advanced 12 cents and ended at $4.18 after a transfer of 16,969 stocks and Spur Tree Spices dropped 5 cents to finish at $1.35 in trading 47,982 shares.
The market closed with an exchange of 403,181 shares worth US$25,918 compared with 299,786 stock units at US$17,915 on Wednesday.
At the end of market activity, the JSE Combined Market Index popped 1,107.60 points to close at 384,752.36, the All Jamaican Composite Index rose 2,779.94 points to 455,162.32, the JSE Main Index popped by 1,121.64 points to 379,145.91, the Junior Market Index inched 4.90 points higher to settle at 3,097.92 and the JSE USD Market Index fell 0.55 points to finish at 275.85.
In the Junior Market, among the top winners, Cargo Handlers advanced 50 cents to end at $15.50, Jetcon Corporation rallied by 29 cents to close at a 52 weeks high of $5.18, Everything Fresh popped 13 cents to $1.71, Regency Petroleum rose by 12 cents to $4.18 and Express Catering gained 10 cents to close at $2.99. Among the losers, Jamaican Teas fell by 16 cents and ended at $2.00, Caribbean Cream dipped 15 cents to $3.30, Paramount Trading slipped 15 cents to close at 90 cents, CAC 2000 fell 12 cents to end at $1.03 and AMG Packaging lost 10 cents to finish at $1.72.
The market closed with an exchange of 4,951,523 shares for $9,364,927, well up from 1,700,662 stock units at $3,195,077 on Tuesday.
ICInsider.com computes the PE ratios by dividing the last traded stock price by earnings per share for companies with fiscal years ending around August 2027.
Main Event rallied 49 cents and ended at $3.80 after an exchange of 4,417 stocks, Paramount Trading rose 6 cents, in closing at $1.05, with investors trading 111,912 units. Regency Petroleum lost 9 cents to end at $4.06 after switching ownership of 90,935 shares, Spur Tree Spices gained 5 cents to finish at $1.40 after trading of 112,938 stock units and Stationery and Office Supplies rallied by 5 cents and ended at $1.60, with only 2,167 shares changing owners.
The market closed with 37,327,357 shares trading with a market value of $341,399,968, compared with 20,075,573 units at $216,289,202 on Tuesday.
The Main Market ended trading with an average PE Ratio of 15.9. ICInsider.com compiles the JSE Main Market PE ratios. These are derived by dividing the last traded stock price by earnings per share for companies with fiscal years ending around August 2027.
Proven Investments skidded by 54 cents to finish at $9.40 after trading of 13,091 stock units, Scotia Group rose $1.50 in closing at $71.50 in an exchange of 381,622 shares and Seprod rallied $1.94 to end at $79.96 with investors swapping 25,076 stocks.
At the end of the market activity, the JSE Combined Market Index dropped 4,023.11 points to end at 383,644.76, the All Jamaican Composite Index shed 5,130.22 points to close at 452,382.38, the JSE Main Index dived 4,344.70 points to 378,024.27, the Junior Market Index rose 18.26 points to wrap up trading at 3,093.02 and the JSE USD Market Index dipped by 2.16 points to finish at 276.40.
Among the top losers, Guardian Holdings dipped by $5 to $370.00, GraceKennedy shed $4.80 in closing at $85.00, AS Bryden lost $1.97 to close at $17.02, NCB Financial dropped $1 to finish at $71.00 and Pan Jamaica fell 90 cents and ended at $45.00.
The market closed with 20,075,573 shares trading for $216,289,202, compared with 9,077,498 stock units at $171,397,249 on Monday.
Quantas Advantage climbed 60 cents and ended at $22.50 crossing the market 8,953 stock units, Sagicor Group fell by 90 cents to close at $42.50 with an exchange of 12,894 shares. Scotia Group dipped by $2 to finish at $70 in crossing the market with 288,949 stocks, Seprod slipped $1.98 and ended at $78.02, following trading of 128,657 shares, Supreme Ventures rose 65 cents to finish at $19.40 with investors trading 10,160 stock units and Sygnus Real Estate Finance popped 40 cents in closing at $7.90 closed at 8,027 shares.