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.
Market activity led to 37 securities trading compared to 31 on Friday and ended with ten rising, 16 declining and 11 closing unchanged.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and five with lower offers.
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.
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.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and one with a lower offer.
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.
A total of 38 securities traded compared to 36 on Tuesday and ended with 15 rising, 14 declining and nine, closing unchanged.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and four with lower offers.
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.
Thirty six securities traded compared to 37 on Monday and ended, with 15 rising, 14 declining and seven, closing unchanged.
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.
Similar to trading on Friday, 37 securities traded and ended with the prices of 15 rising, 18 eclining and four closing unchanged.
Cargo Handlers dropped 50 cents to $7, with 367 units crossing the exchange, Caribbean Assurance Brokers rallied 17 cents to $1.80, with 17,044 stock units clearing the market, Caribbean Cream spiked 33 cents to $6.70 after 17,573 stocks changed hands. Express Catering popped 10 cents to $5 in an exchange of 43,238 shares, Fontana rose 33 cents in closing at $6.40 with 2,370,536 units changing hands, Fosrich lost 8 cents to close at $8.12 in trading 11,170 units. Future Energy Source dropped 15 cents to $2.55 with the swapping of 689,535 stock units, General Accident declined 15 cents to $5.30 after exchanging 128,132 shares, Honey Bun climbed 15 cents to $9 in exchanging 75,161 stocks. iCreate dropped 8 cents to 92 cents after 98,817 shares crossed the market, Indies Pharma advanced 19 cents to $3.39 after trading 24,595 units, Jamaican Teas fell 10 cents to $4.08, with 508,658 stocks changing hands. Jetcon Corporation shed 13 cents in closing at $1 after switching ownership of 35,184 stock units, KLE Group popped 11 cents to $1.13 while exchanging 505 units, Knutsford Express lost 7 cents in ending at $8 after 2,919 stock units changed hands, Lasco Distributors popped 10 cents to close at $3.70, with 4,394 stocks clearing the market.
Lasco Manufacturing dropped 24 cents to end at $4.65 trading 14,182 shares, Limners and Bards spiked 21 cents to $3.70 with an exchange of 184,618 stocks, Lumber Depot declined 7 cents to close at $2.90 after trading 3,076,244 units, Main Event lost 40 cents in closing at $4 after exchanging 1,865 shares, Medical Disposables shed 47 cents to $4.73 with the swapping of 10,110 stock units and Stationery and Office Supplies climbed 48 cents to $6.48 in an exchange of two shares.
A total of 37 securities traded as was the case on Thursday and ended with 18 rising, 12 declining and seven closing unchanged as one stock traded at 52 weeks’ high.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and four with lower offers.
Lasco Manufacturing spiked 23 cents to $4.89 with 10,433 shares changing hands, Limners and Bards increased 19 cents to $3.49, with 16,022 shares crossing the exchange, Mailpac Group rose 8 cents to close at $3.68 in trading 301,333 stocks. Main Event declined 9 cents to $4.40, with 300 stock units changing hands, Medical Disposables popped 50 cents to $5.20 after 12,516 units crossed the market and Stationery and Office Supplies fell 20 cents to close at $6 in exchanging 2,456 shares.
Market activity led to 37 securities trading up from 33 on Wednesday, with 11 rising, 21 declining and five closed unchanged.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and three with lower offers.
Knutsford Express dropped 8 cents to end at $8.07 after 890 shares changed hands, Lasco Distributors fell 15 cents to close at $3.62, after 1,500 units changed owners, Lasco Manufacturing lost 14 cents in ending at $4.66 with an exchange of 2,930 stocks. Limners and Bards declined 13 cents to $3.30 in an exchange of 64,723 shares, Mailpac Group shed 10 cents in closing at $3.60 with the swapping of 4,144,462 stock units and tTech shed 15 cents to $4.05 in trading 12,545 units.
Trading averaged 162,226 shares at $624,087 in contrast to 123,678 units at $388,221 on Tuesday. Trading month to date, averages 167,235 shares at $596,470, compared to 168,725 units at $588,260 on Tuesday. September closed with an average of 207,032 units at $668,264.
Lasco Distributors fell 13 cents to $3.77 after exchanging 48,765 stocks, Lasco Manufacturing climbed 11 cents to $4.80 with the swapping of 2,693 stock units, Mailpac Group shed 14 cents to $3.70 while trading 141,762 units. Medical Disposables declined 9 cents to close at $4.71, with 15,685 stocks crossing the market, Stationery and Office Supplies popped 15 cents in, ending at $6.20 after trading 3,000 units and Tropical Battery rallied 7 cents to end at $1.37 in an exchange of 1,654 shares.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and one with a lower offer.
Lasco Manufacturing increased 12 cents to $4.69 in trading 4,063 stock units, Limners and Bards advanced 10 cents to $3.45, with 84,220 stocks changing hands. Main Event climbed 30 cents to $4.50 after exchanging 400 units, Medical Disposables fell 20 cents to end at $4.80 in exchanging 30,000 stocks, SSL Venture popped 5 cents to close at 68 cents, with one share changing hands. Stationery and Office Supplies dropped 59 cents to $6.05 after 10,000 units crossed the exchange and tTech rose 14 cents to $4.20 after 18,619 stock units changed hands.