The Junior Market Index dropped sharply at the closed on Monday as investors drove the majority of stocks trading down, snapping 47.47 points off Friday’s closing index to end at 3,368.97, with the volume of stocks traded declining after 37 percent fewer shares traded, with 44 percent funds less entering the market than on Friday, but Investor’s Choice bid-offer indicator is flashing positive signals at the close.
Overall, 39 securities traded versus 37 on Friday and ended with 12 rising, 15 declining and 12, closing unchanged.
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 forecasts by ICInsider.com  or companies with their financial year ending up to August 2022.
A total of 3,099,942 shares changed hands for $11,381,686 compared to 4,884,822 units at $20,407,151 on Friday. Future Energy Source led trading with 565,193 shares that accounted for 18.2 percent of total volume, followed by Mailpac Group with 495,561 units and 16 percent of the day’s trade and Lumber Depot with 389,581 units for 12.6 percent market share.
Trading averaged 79,486 shares at $291,838 versusu 132,022 shares at $551,545 on Friday and month to date an average of 107,521 units at $385,339 down from compared to 113,246 units at $404,431 on Friday. October closed with an average of 162,777 units at $557,275.
Investor’s Choice bid-offer indicator shows nine stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Access Financial dropped 90 cents to $19.89 while exchanging 18,421 shares, AMG Packaging fell 13 cents to $1.60 after trading 6,890 units, Blue Power dropped 24 cents to $3.06 in switching ownership of 416 stocks. Derrimon Trading lost 14 cents in closing at $2.30 with an exchange of 99,250 stock units, Fosrich spiked 37 cents to $8.97 after 17,517 units changed hands, General Accident increased 75 cents to close at 52 weeks’ closing high of $6.85 after 41,544 stocks crossed the market. iCreate declined 9 cents to 86 cents in exchanging 43,000 shares, Indies Pharma rallied 22 cents to $3.24 in an exchange of 16,401 units, Iron Rock Insurance declined 73 cents to $3.07, with 500 units changing hands. Jamaican Teas fell 15 cents to end at $4.25, with 269,338 stock units crossing the exchange, Knutsford Express shed 9 cents to $8 after 611 stocks crossed the market, Lasco Distributors lost 15 cents at $3.70 after trading 1,604 shares. Mailpac Group dropped 9 cents to end at $3.74 after exchanging 495,561 stocks and Main Event advanced 40 cents to close at $4.40, with 2,107 shares clearing the market.
In the preference segment, CAC 2000 9.5% preference share rose 8 cents to $1 with the swapping of 1,500 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Shortly after the opening of trading on Thursday, Junior Market Index raced to 3,438 points but failed to hold on to those early gains and ended lower at the close of Wednesday, with the index dropping 18.39 points below Wednesday’s close, to finish at 3,388.76 as the value of stocks trading declined 13 percent below Wednesday at the close of the Jamaica Stock Exchange Junior Market.
Market activity led to 41 securities trading, up from 37 on Wednesday and ended with 16 rising, 18 declining and seven left unchanged. Fontana and KLE Group ended trading at 52 weeks’ highs.
The PE Ratio, a measure used to compute appropriate stock values, averages 13.7. The PE ratio of each stock is shown in the chart below, is based on the earnings forecast done by ICInsider.com for companies with their financial year ending up to August 2022.
Trading ended with 4,133,325 shares changing hands for $14,013,135 down from 4,626,302 units at $16,070,563 on Wednesday. Future Energy Source ended with 30.5 percent of total volume as it led trading with 1.26 million shares, followed by Mailpac Group ended, with 20.6 percent after 852,447 units were traded and Lumber Depot 12.7 percent with 524,419 shares.
Trading averaged 100,813 shares at $341,784, down from 125,035 shares at $434,340 on Wednesday and month to date, an average of 108,735 units at $369,086, compared to 111,609 units at $378,991 on Wednesday. October average trade was 162,777 units at $557,275.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and two with lower offers.
At the close, Access Financial climbed $1.70 to $19.70 with the swapping of 15,164 shares, Blue Power spiked 16 cents to $3.27, trading 1,000 stock units, CAC 2000 rose 85 cents to end at $9.25 with an exchange of 100 stocks. Cargo Handlers shed 34 cents to close at $7.50 after exchanging 2,000 units, Caribbean Cream gained 31 cents in ending at $5.97 in swapping 3,758 stock units, Consolidated Bakeries popped 11 cents to $1.66 after 4,000 stocks changed hands. Elite Diagnostic advanced 20 cents to $3.25, trading 121 units, Express Catering increased 20 cents to $5 24,844 shares after crossing the exchange, Fontana rallied 21 cents to end at 52 weeks’ closing high of $7.20, as 291,769 stocks crossed the market. Fosrich declined 10 cents to close at $8.50, with 11,897 stock units changing hands, Future Energy Source increased 9 cents to $2.79, with 1,261,084 shares clearing the market, Honey Bun advanced 49 cents to close at $9.50 in switching ownership of 95,524 units. Indies Pharma dropped 9 cents to end at $3.20, with 26,000 stock units crossing the market, ISP Finance fell 74 cents after finishing at $47.23 in trading 642 shares, KLE Group spiked 51 cents in closing at 52 weeks’ high of $2.51 in an exchange of 14,277 stocks. Lasco Distributors lost 8 cents to close at $3.52 while exchanging 24,956 units, Medical Disposables rose 40 cents to $5.50 in an exchange of 19,400 stocks, SSL Venture fell 8 cents in closing at 66 cents as 39,200 shares changed hands and tTech shed 90 cents to end at $3.88 in trading 7,859 units.
In the preference segment, CAC 2000 9.5% preference shares dropped 8 cents to 92 cents trading 54,325 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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.