Junior Market closes flat as trading climbs

Trading closed on the Junior Market of the Jamaica Stock Exchange Thursday, with the volume of stocks traded rising 39 percent and the value 51 percent more than on Wednesday with trading in 41 securities compared with 40 on Wednesday and ended with 15 rising, 18 declining and eight unchanged.
Investors traded 6,422,074 shares for $16,407,108, up from 4,624,570 units at $10,856,038 on Wednesday.
Trading averaged 156,636 shares at $400,173, compared to 115,614 units at $271,401 on Wednesday and the month to date, an average of 171,380 units at $525,908 versus 174,165 stocks at $549,665 on the previous day. May closed with an average of 239,954 units at $648,811.
Fosrich led trading with 1.80 million shares for 28 percent of total volume, ONE on ONE Educational followed after trading 880,103 units for 13.7 percent of the day’s trade and Spur Tree Spices with 560,957 units for 8.7 percent market share.
At the close, the Junior Market Index dipped 1.81 points to finish at 3,806.88.
The PE Ratio, a measure of computing appropriate stock values, averages 10.3. The PE ratios of Junior Market stocks are computed using the last traded price in conjunction with ICInsider.com’s projected earnings for the financial years ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows nine stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Access Financial advanced $2.55 to end at $25.15 after an exchange of 161 shares, AMG Packaging lost 17 cents in closing at $2.50 after a transfer of 631 stock units, Caribbean Assurance Brokers rose 40 cents to $2.54 as 43,097 units passed through the market. Caribbean Cream rose 40 cents in ending at $4.40 after an exchange of 28,250 stocks, Caribbean Flavours dipped 12 cents to close at $1.24, with 2,304 units changing hands, Derrimon Trading shed 10 cents to end at $1.90 with shareholders trading 245,792 stocks. Dolphin Cove increased 80 cents to end at $15.96 with a transfer of 5,612 shares, EduFocal declined 10 cents to end at $1.80, with 343,689 units crossing the market, Express Catering gained 10 cents to close at $4.99 in an exchange of 1,989 shares. Fosrich climbed 8 cents in closing at $2.23 in switching ownership of 1,798,858 stocks, Future Energy Source fell 8 cents and ended at $4.04 with investors transferring 470,127 stock units after trading at an intraday low of $3.90, iCreate dropped 8 cents to end at $1.22 in an exchange of 39,848 units. KLE Group rallied 15 cents to close at $1.80 with shareholders swapping 23,405 shares, Knutsford Express gained 24 cents in closing at $11.78, with 80 units crossing the exchange, Lasco Distributors lost 38 cents in closing at $3.02 after trading ended with 68,439 stock units changing hands. Lasco Manufacturing dipped 23 cents to close at $4.25 while exchanging 820 stocks, Mailpac Group shed 9 cents in closing at $1.86, with 150,533 units crossing the market, Main Event rallied 20 cents to end at $14.50 and closed after 25,948 shares were exchanged,Medical Disposables declined 35 cents to $4.50, with 8 stock units clearing the market and Regency Petroleum dropped 10 cents and ended at $2.88 as investors exchanged 371,035 stocks.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Junior Market reclaims 3,800

The Junior Market of the Jamaica Stock Exchange closed on Wednesday, with the market index adding to Tuesday’s gains and crossing over the 3,800 mark for the first time since the middle of March with the volume of stocks traded declining 9 percent with a 31 percent lower value than on Tuesday after trading took place in just 40 securities compared with 41 on Tuesday and ended with prices of 19 rising, 15 declining and six closing unchanged.
Investors traded 4,624,570 shares for $10,856,038 compared with 5,101,812 units at $15,733,543 on Tuesday.
Trading averaged 115,614 shares at $271,401, down from 124,434 units at $383,745 on Tuesday with a month to date, an average of 174,165 units at $549,665 compared to 187,397 stock units at $612,549 on the previous day. May averaged 239,954 units at $648,811.
Fosrich led trading with 1.22 million shares for 26.4 percent of total volume followed by Dolla Financial with 609,509 units for 13.2 percent of the day’s trade and Derrimon Trading with 568,037 units for 12.3 percent market share.
At the close, the Junior Market Index increased 17.25 points to settle at 3,808.69.
The PE Ratio, a measure of computing appropriate stock values, averages 10.4. The PE ratios of Junior Market stocks are computed using the last traded price in conjunction with ICInsider.com’s projected earnings for the financial years ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows six stocks ending with bids higher than their last selling prices and none with lower offers. This is a bullish signal for Thursday’s trades.
At the close, Access Financial popped 30 cents to $22.60, with four shares crossing the exchange, AMG Packaging fell 21 cents in closing at $2.67 in an exchange of 1,501 stock units, Blue Power shed 15 cents to end at $2.30 as 383 units passed through the market, Caribbean Assurance Brokers dropped 40 cents to close at $2.14 with investors trading 87,309 stock units. Caribbean Flavours rose 10 cents and ended at $1.36 in trading 202,848 units, Dolla Financial advanced 8 cents to end at $2.70 in an exchange of 609,509 shares, Dolphin Cove dipped 82 cents and ended at $15.16 with shareholders swapping 22,245 stock units, Elite Diagnostic declined 21 cents in closing at $2.19, with 22,858 stocks changing hands. Everything Fresh lost 9 cents to $1.69 clearing the market with 56,968 units, Express Catering dropped 10 cents to close at $4.89 after a transfer of 6,742 shares, Future Energy Source rallied 8 cents in closing at $4.12 after exchanging 107,745 stock units, General Accident lost 54 cents to close at $4.51 after an exchange of 1,571 stocks. Indies Pharma shed 19 cents to end at $3.11 with the swapping of 15,321 stocks, Lasco Distributors gained 10 cents and ended at $3.40 while exchanging 177,266 shares, Lasco Manufacturing increased 23 cents to $4.48, with 29,284 stock units crossing the market. Limners and Bards dipped 19 cents and ended at $2.20 as investors exchanged 165,470 units, Lumber Depot declined 9 cents to close at $2.20 in switching ownership of 62,243 shares, Mailpac Group climbed 10 cents to $1.95 with investors transferring 7,489 stocks. Main Event advanced 30 cents in closing at $14.30, with 2,875 stock units crossing the market and Paramount Trading fell 9 cents to end at $2.10 after closing with an exchange  of 61,886 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

 

Junior Market reclaims all of Monday’s loss

The Junior Market recovered all of Monday’s index loss on Tuesday at the close of trading on the Jamaica Stock Exchange on Tuesday, after a 52 percent fall in the volume of stocks traded at a 65 percent lower value than on Monday after trading took place in 41 securities compared with 46 on Monday and ended with 16 rising, 16 declining and nine closing unchanged.
Investors traded 5,101,812 shares for $15,733,543 compared to 10,566,673 units at $45,598,816 on Monday.
Trading averaged 124,434 shares at $383,745 down from 229,710 shares at $991,279 on Monday with a month to date average of 187,397 units at $612,549 compared to 206,379 stock units at $681,527 on the previous day. May closed with an average of 239,954 units at $648,811.
Lasco Distributors led trading with 1.08 million shares for 21.1 percent of total volume followed by Fosrich with 640,636 units for 12.6 percent of the day’s trade and ending with Lasco Manufacturing trading 442,365 units for 8.7 percent market share.
At the close, the Junior Market Index rose 46.87 points to end at 3,791.44.
The PE Ratio, a measure of computing appropriate stock values, averages 10.5. The PE ratios of Junior Market stocks are computed using the last traded price in conjunction with ICInsider.com’s projected earnings for the financial years ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Access Financial shed $3.05 in closing at $22.30, with 300 shares crossing the market, Caribbean Cream climbed 52 cents to $4, with 11,692 stocks passing through the exchange, following the release of full year results to February this year, with a turnaround in profit. Dolla Financial dipped 10 cents to close at $2.62 after a transfer of 420,048 stocks, Dolphin Cove rallied $1.46 to end at $15.98 with 45,490 units being traded, Express Catering climbed 11 cents and ended at $4.99 as 122,381 stock units passed through the market, Future Energy Source declined 10 cents ended at $4.04 with a transfer of 176,726 shares, General Accident popped 58 cents to $5.05 with 7,700 stocks clearing the market, Indies Pharma gained 24 cents in closing at $3.30 after investors traded 12,528 units, Iron Rock Insurance rose 35 cents to 2.35 in switching ownership of 500 stocks, ISP Finance lost $5.49 to end at $21 after an exchange of 2,212 shares, KLE Group shed 28 cents and ended at $1.65 as investors exchanged 2,208 units, Knutsford Express fell 28 cents to $11.50 in an exchange of 49 stock units, Lasco Distributors advanced 30 cents to close at $3.30 with 1,076,231 stock units changing hands, Mailpac Group lost 10 cents in closing at $1.85 after 164,015 stocks were exchanged, Main Event shed 69 cents to close at $14 with investors transferring 64,505 shares, Medical Disposables climbed 67 cents in closing at $4.85 with shareholders swapping 500 units, Paramount Trading rose 9 cents to $2.19 after an exchange of 2,663 stocks, Regency Petroleum rallied 8 cents to close at $2.98 while exchanging 83,796 shares, Stationery and Office Supplies dipped $1.01 to end at $15.99 in trading 9,503 stock units and Tropical Battery rose 18 cents and ended at $2.07 with an exchange of 149,371 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Sharp jump in Junior Market trading

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The Junior Market of the Jamaica Stock Exchange fell on Monday, with Stationery and Office Supplies trading more than 1.5 million, with most of it overhanging the stock for months, while Dolla Financial swelled the volume with 1.45 million units and Fosrich chipped in with 1 million shares resulting in the overall volume rising 107 percent and the value jumping 251 percent over Friday after trading occurred in 46 securities compared with 45 on Friday and ended with prices of 19 rising, 21 declining and six closing unchanged.
Investors traded 10,566,673 shares for $45,598,816, up sharply from 5,098,602 units at $13,005,135 on Friday.
Trading averaged 229,710 shares at $991,279 compared to 113,302 shares at $289,003 on Friday, with the month to date, averaging 206,379 stock units at $681,527 up from 194,453 shares at $523,209 on the previous day. May closed with an average of 239,954 units at $648,811.
Stationery and Office Supplies led trading with 1.51 million shares for 14.3 percent of total volume, followed by Dolla Financial closed with 1.45 million units for 13.7 percent of the day’s trade and Fosrich ended with 1.02 million units for 9.7 percent of the day’s trade.
At the close, the Junior Market Index declined 40.76 points to close at 3,744.57.
The PE Ratio, a measure of computing appropriate stock values, averages 10.5. The PE ratios of Junior Market stocks are computed using the last traded price in conjunction with ICInsider.com’s projected earnings for the financial years ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close, Access Financial climbed $2.85 and ended at $25.35 with shareholders swapping 6,986 shares, Cargo Handlers declined $1.39 to $19.20 as 1,062 stocks passed through the market, Caribbean Assurance Brokers rallied 14 cents to end at $2.54 after an exchange of 21,696 stocks. Caribbean Cream popped 28 cents to close at $3.48 after a transfer of 748,048 units, Caribbean Flavours lost 42 cents to end at $1.26 after investors ended trading 50,139 units, Dolphin Cove dropped 48 cents to $14.52 in trading 15,214 stock units, Elite Diagnostic gained 27 cents ended at $2.40, with 20,385 stocks crossing the market. Fontana rose 15 cents to close at $9.75 after 75,641 shares crossed the exchange, General Accident dipped 53 cents in closing at $4.47 in switching ownership of 1,000 units, Indies Pharma shed 34 cents to end at $3.06 10,893 shares clearing the market with, Iron Rock Insurance fell 10 cents to end at $2 in an exchange of 3,932 stock units. Knutsford Express increased 78 cents to close at $11.78 in exchanging 40,290 stocks, Lasco Distributors advanced 23 cents and ended at $3 with investors trading 70,083 stock units, Lasco Financial lost 12 cents to close at $2.34 after an exchange of 103,131 shares, Limners and Bards climbed 17 cents in closing at $2.39 with trading in 4,003 stocks. Lumber Depot increased 8 cents to $2.29, with 15,933 units changing hands, Main Event rose 39 cents to end at $14.69 in an exchange of 6,410 units, Regency Petroleum shed 8 cents to close at $2.90 with a transfer of 124,924 shares. Stationery and Office Supplies jumped $1.50 to $17 as investors exchanged 1,505,819 stock units and left just 1,880 units on offer between $17.96 and $18.75, with the next amount offered for sale being 42,277 shares at $34.97, all that could change on Tuesday when the wider investing public is updated on developments in trading on Monday. Tropical Battery dropped 11 cents in closing at $1.89 after trading 112,891 stocks and tTech advanced 29 cents to $2.49 after just one share crossed the market.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Winners and losers share Junior Market spotlight

The Junior Market of the Jamaica Stock Exchange rose moderately Friday, against a backdrop of a 59 percent decline in the volume of stocks traded with a 62 percent lower value than on Thursday after investors traded in 45 securities as was the case 45 on Thursday as market activity ended with 18 rising, 17 declining and 10 closing unchanged.
Investors traded 5,098,602 shares for $13,005,135 versus 12,402,210 units at $34,083,670 on Thursday.
Trading averaged 113,302 shares at $289,003 compared to 275,605 shares at $757,415 on Thursday with a month to date average of 194,453 units at $523,209 compared with May with an average of 239,954 units at $648,811.
Fosrich led trading with 2.24 million shares for 44 percent of total volume, Derrimon Trading followed with 559,476 units for 11 percent of the day’s trade and MFS Capital Partners ended with 260,270 units for 5.1 percent market share.
At the close, the Junior Market Index rose 13.71 points to finish the week at 3,785.33.
The PE Ratio, a measure of computing appropriate stock values, averages 10.5. The PE ratios of Junior Market stocks are computed using the last traded price in conjunction with ICInsider.com’s projected earnings for the financial years ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows no stock ending with a bid higher than the last selling price and three with lower offers.
At the close, AMG Packaging gained 23 cents to close at $2.90 while 20 shares passed through the market, CAC 2000 increased 48 cents in closing at $7.10 with a transfer of 28 stocks, Cargo Handlers climbed $2.75 to close at $20.59 after 3,542 units were traded, Consolidated Bakeries dropped 14 cents and ended at $2.27 as investors exchanged 216,020 stock units. Dolphin Cove lost 69 cents to end at $15, with 32,356 stock units changing hands, Elite Diagnostic declined 27 cents to $2.13 and closed after investors traded 19,300 stocks, Honey Bun rose 22 cents to $6.89, with 35,292 units crossing the market, Indies Pharma popped 16 cents to end at $3.40 in an exchange of 30,139 shares. Iron Rock Insurance dipped 38 cents in closing at $2.10, with 31,913 units crossing the exchange, Jamaican Teas rallied 15 cents to close at $2.34 with an exchange of 78,210 stock units, KLE Group advanced 43 cents to close at $1.95 in exchange of one share, Knutsford Express fell 55 cents and ended at $11 after an exchange of 1,572 stocks. Lasco Distributors shed 13 cents to $2.77 in trading 25,745 units, Medical Disposables declined 60 cents in closing at $4.18, with 4,101 shares changing hands, Regency Petroleum popped 13 cents to end at $2.98, with 121,078 stocks clearing the market. Spur Tree Spices increased 9 cents to $2.42 in switching ownership of 119,299 stock units, Stationery and Office Supplies lost 27 cents to close at $15.50 after a transfer of 97 shares and tTech shed 26 cents and ended at $2.20 with investors transferring 2,750 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Junior Market stumbles into June

The Junior Market of the Jamaica Stock Exchange stumbles into June on Thursday, following Wednesday’s rally to close out May positively, with the volume of stocks traded declining 27 percent and the value 43 percent lower than on Wednesday after trading occurred in 45 securities compared with 44 on Wednesday and ended with prices of 16 rising, 24 declining and five closing unchanged.
A total of 12,402,210 shares were traded for $34,083,670, down from 17,037,616 units at $59,386,219 on Wednesday.
Trading averaged 275,605 shares at $757,415 compared with 387,219 shares at $1,349,687 previously. May closed with an average of 239,954 units at $648,811.
Fosrich led trading with 4.69 million shares for 37.8 percent of total volume followed by Spur Tree Spices ended with 1.64 million units for 13.2 percent of the day’s trade and Future Energy Source with 910,903 units for 7.3 percent market share.
At the close, the Junior Market Index shed 13.41 points to finish trading at 3,771.62.
The PE Ratio, a measure of computing appropriate stock values, averages 10.5. The PE ratios of Junior Market stocks are computed using the last traded price in conjunction with ICInsider.com’s projected earnings for the financial years ending between November 2023 and August 2024.
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 shed $3.30 and ended at $22.50 in an exchange of 40 shares following the dress up the stock got to close out May, Cargo Handlers jumped $2.84 to close at a 52 weeks’ high of $17.84 with an exchange of just one share, Caribbean Assurance Brokers dropped 13 cents to end at $2.40 after 20,886 shares crossed the exchange, Consolidated Bakeries climbed 15 cents in closing at $2.41 after investors traded 20,008 units, Dolphin Cove rallied 94 cents to $15.69 with an exchange of 34,055 stock units, Fosrich lost 10 cents to end at a 52 weeks’ low of $2.19 while exchanging 4,694,002 shares, GWest Corporation fell 17 cents and ended at 88 cents, with 222,772 stocks crossing the market, Honey Bun dropped 13 cents to close at $6.67 with 5,014 units changing hands, iCreate dipped 11 cents to $1.20 after 260,961 stocks were traded, Image Plus Consultants shed 8 cents in closing at $2 as investors exchanged 904,162 stocks, Indies Pharma dropped 21 cents in closing at $3.24 with invetors swapping 53,927 shares, ISP Finance rose $1.10 to $26.50 with investors transferring 23,087 units, JFP Ltd declined 14 cents to end at $1.64 in an exchange of 876,924 shares, Knutsford Express dipped 23 cents to close at $11.55 with 34 stocks clearing the market, Lasco Financial advanced 11 cents and ended at $2.46 after an exchange of 1,660 stock units, Limners and Bards fell 25 cents to end at $2.23 with a transfer of 12,976 units, Lumber Depot lost 9 cents to close at $2.21 in switching ownership of 22,980 stock units, Mailpac Group fell 12 cents to $1.85 after a transfer of 586,278 units, Medical Disposables increased 64 cents in closing at $4.78 with 1,642 shares crossing the market,

Paramount Trading declined 9 cents to $2.09 after investors traded 428 stocks, Regency Petroleum dipped 10 cents to end at $2.85 as 136,537 stock units passed through the market and Spur Tree Spices dropped 27 cents in closing at a 52 weeks’ low of $2.33 after an  exchange of 1,642,325 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Junior Market ends higher than April

Stocks closed higher on the Junior Market of the Jamaica Stock Exchange in trading on Wednesday, with the market squeezing a third consecutive day of gains and helping the market to close 1.26 percent higher than in April as investors traded 77 percent more shares valued at 135 percent more than on Tuesday with trading in 44 securities compared with 45 on Tuesday and ended with 24 rising, 15 declining and five closing unchanged.
Investors traded 17,037,616 shares for $59,386,219 up from 9,615,167 units at $25,289,603 on Tuesday.
Trading averaged 387,219 shares at $1,349,687 compared with 213,670 shares at $561,991 on Tuesday with the month to date, averaging 239,954 units at $648,811 compared to 232,896 stock units at $615,218 on the previous day. April closed with an average of 266,661 units at $2,583,503.
Future Energy Source led trading with 5.02 million shares for 29.5 percent of total volume followed by Fosrich with 2.89 million units for 17 percent of the day’s trade, Indies Pharma with 1.85 million units for 10.9 percent market share and Jamaican Teas with 1.49 million units for 8.7 percent of total volume.
At the close, the Junior Market Index rallied 22.41 points to end at 3,785.03.
The PE Ratio, a measure used to compute appropriate stock values, averages 11. The PE ratios of Junior Market stocks are based on last traded price in conjunction with ICInsider.com’s projected earnings for the financial years ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Access Financial rallied $2.80 to close at $25.80 after an exchange of 60,697 shares, CAC 2000 shed 48 cents to close at $6.62 after 23,435 units changed hands, Cargo Handlers fell $2.50 to $15 with 1,000 stocks crossing the market, Caribbean Flavours popped 30 cents to end at $1.78 with shareholders swapping 5,000 stock units. Dolphin Cove declined 70 cents in closing at $14.75 after shareholders traded 10,293 shares, EduFocal increased 19 cents to end at $1.91 after an exchange of 105,179 stock units, Elite Diagnostic gained 18 cents and ended at $2.38 after a transfer of 51,123 units, Express Catering dropped 16 cents to close at $4.88 with an exchange of 12,665 stocks. Fontana advanced 12 cents to $9.52 with investors exchanging 386,065 stock units, Fosrich lost 11 cents to close at $2.29, with 2,892,733 stocks crossing the market, Future Energy Source climbed 23 cents to $4.15 with an exchange of 5,021,509 shares, Honey Bun rose 17 cents to $6.80 with 13,402 units clearing the market. Indies Pharma popped 15 cents to close at $3.45 in trading 1,851,361 units, Iron Rock Insurance gained 32 cents to end at $2.48 with 200 stocks changing hands, ISP Finance climbed $1.42 to $25.40 as investors exchanged 45,182 stock units, KLE Group dipped 11 cents in closing at $1.51 in switching ownership of 31 shares. Knutsford Express popped 26 cents to close at $11.78 in an exchange of 293,186 shares, Lasco Distributors lost 14 cents at $2.95 in an exchange of 60,245 units, Lasco Manufacturing rose 10 cents to $4.25 after 390 stock units passed through the market, Limners and Bards increased 18 cents to $2.48 with a transfer of 122,433 stocks. Main Event dropped 40 cents in closing at $14.25 with investors transferring 4,584 stocks, Paramount Trading rallied 9 cents to $2.18, with 22,936 stock units clearing the market, Regency Petroleum rose 8 cents to end at $2.95 after 501,313 units passed through the market. Stationery and Office Supplies increased 63 cents and ended at $15.79, with 60,146 shares crossing the market and Tropical Battery gained 10 cents to close at $2 after 75,936 shares changed hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Winners beat JSE Junior Market losers

The Junior Market Index of the Jamaica Stock Exchange just held above Thursday at the close on Friday even as trading ended with 21 rising, 14 declining and seven closing unchanged following trading taking place in 42 securities similar to trading on Thursday, with the volume of stocks traded declining 14 percent and the value 48 percent lower than on Thursday.
Investors traded 9,582,877 shares for $24,717,734 compared to 11,121,210 units at $47,797,567 on Thursday.
Trading averaged 228,164 shares at $588,517, compared to 264,791 shares at $1,138,037 on Thursday with the month to date, averaging 233,694 units at $620,445 compared to 233,989 stock units at $622,153 on the previous day. April closed with an average of 266,661 units at $2,583,503.
Derrimon Trading led trading with 2.42 million shares for 25.3 percent of total volume followed by Fosrich with 1.75 million units for 18.2 percent of the day’s trade and Spur Tree Spices with 613,603 units for 6.4 percent market share.
At the close, the Junior Market Index inched 1.42 points higher to end at 3,750.17.
The PE Ratio, a measure of computing appropriate stock values, averages 10.9. The PE ratios of Junior Market stocks are computed using the last traded price in conjunction with ICInsider.com’s projected earnings for the financial years ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows eight stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Access Financial popped 89 cents to $23 in an exchange of 2,804 shares, Caribbean Assurance Brokers rose 12 cents in closing at $2.50 after 137,053 stock units were traded, Caribbean Cream increased 9 cents and ended at $3.19 while exchanging 85,098 units. Consolidated Bakeries fell 23 cents to close at $2.19 as 25,908 stocks passed through the market, Dolphin Cove climbed 50 cents to $15.50 with an exchange of 19,853 stock units, Fontana rallied 42 cents to $9.50 in switching ownership of 126,205 stocks. Fosrich shed 25 cents and ended at $2.71 after investors traded 1,747,851 shares, Indies Pharma advanced 12 cents to $3.03 with investors transferring 71,226 units, Jamaican Teas gained 10 cents to end at $2.18 after a transfer of 414,952 stocks. JFP Ltd climbed 9 cents to $1.72 with shareholders swapping 529,202 stock units, KLE Group gained 12 cents to end at $1.62, with 100 shares crossing the market, Knutsford Express popped 94 cents in closing at $11.29 after an exchange of 11,760 units. Lasco Distributors declined 10 cents and ended at $2.50, with 226,297 stocks changing hands, Main Event rose 27 cents to close at $14.50 in an exchange of 10,372 shares, MFS Capital Partners rallied 13 cents to $3.23 with a transfer of 235,207 units. Paramount Trading dipped 11 cents in closing at $2.08 after 29,490 stock units crossed the exchange, Stationery and Office Supplies advanced 48 cents to end at $14.98 and closed with an exchange of 677 units and Tropical Battery increased 11 cents to $1.97 with 40,994 stock units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

 

Junior Market drops on Thursday

A few Junior Market stocks hit the Jamaica Stock Exchange circuit breaker in trading on Thursday and helped in pushing the market index lower with a 56 percent decline in the volume of stocks traded with 33 percent lower value than on Wednesday following trading in 42 securities compared with 43 on Wednesday and ended with 12 rising, 27 declining and three closing unchanged.
Investors traded 11,121,210 shares for $47,797,567 compared to 25,198,464 units at $71,304,324 on Wednesday.
Trading averaged 264,791 shares at $1,138,037, compared with 586,011 shares at $1,658,240 on Wednesday with the month to date, averaging 233,989 units at $622,153 compared with 232,248 stock units at $592,991 on the previous day. April ended with an average of 266,661 units at $2,583,503.
Fosrich led trading with 1.86 million shares for 16.7 percent of total volume followed by JFP Ltd with 1.49 million units for 13.4 percent of the day’s trade, Dolphin Cove ended with 1.44 million units for 13 percent market share and Derrimon Trading traded 1.17 million units for 10.5 percent of total volume as the stock hit a 52 weeks’ intraday low of $1.56.
At the close, the Junior Market Index declined 21.56 points to settle at 3,748.75.
The PE Ratio, a measure of computing appropriate stock values, averages 10.8. The PE ratios of Junior Market stocks are computed using the last traded price in conjunction with ICInsider.com’s projected earnings for the financial years ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows seven stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Access Financial fell $2.39 to $22.11 after investors exchanged 8,182 shares, Caribbean Assurance Brokers rose 28 cents to $2.38 after an exchange of 615,122 stocks, Caribbean Cream dropped 10 cents to $3.10, with 10,000 units clearing the market. Dolphin Cove dipped 50 cents to $15 and closed with 1,443,084 stock units changing hands, EduFocal popped 9 cents to $1.94 after a transfer of 31,716 units, Elite Diagnostic lost 10 cents to close at $2.40 with an exchange of 290,872 stocks. Everything Fresh climbed 21 cents to end at $1.71, with 5,303 stock units crossing the exchange, Express Catering declined 20 cents to $4.90 after 5,551 shares were traded, Fontana shed 45 cents and ended at $9.08 in switching ownership of 167,960 units. Future Energy Source gained 13 cents in closing at $4.15 with a transfer of 403,467 shares, Honey Bun rallied 53 cents to close at $6.63 after 823 stock units passed through the market, Indies Pharma fell 24 cents to $2.91 with shareholders swapping 135,969 stocks. ISP Finance jumped $6.35 to $26 in trading 11,850 shares, JFP Ltd lost 11 cents in closing at $1.63 after 1,487,550 stock units passed through the market, Knutsford Express dipped 65 cents to end at $10.35 with investors transferring 35,412 stocks. Lasco Distributors rose 10 cents to end at $2.60, with 2,770 units changing hands, Lasco Manufacturing dropped 13 cents to $4 after an exchange of 50,963 shares,Main Event increased $1.24 and ended at $14.23 in trading 146,404 units. Medical Disposables rallied 25 cents in closing at $4.85 as investors exchanged 4,364 stocks, MFS Capital Partners shed 8 cents to close at $3.10 with 153,350 stock units changing hands and Tropical Battery declined 10 cents and ended at $1.86 after 264,489 shares crossed the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Paramount, the dominant Junior Market trade

Paramount Trading dominated market activity on the Junior Market of the Jamaica Stock Exchange Monday, on Monday in cornering 75 percent of the market and sending the volume of stocks traded surging 453 percent and the value 524 percent higher than on Friday after trading took place in all 48 securities compared with 43 on Friday and ended with 23 rising, 19 declining and six closing unchanged.
Investors traded 37,338,614 shares at $85,131,000 compared with 6,750,745 units at $13,652,638 on Friday.
Trading averaged 777,888 shares at $1,773,562, up from 156,994 units at $317,503 on Friday, with a month-to-date average of 210,517 stock units at $527,554 versus 168,748 shares at $435,824 on the previous day. Trading in April closed with an average of 266,661 units at $2,583,503.
Paramount Trading led trading with 27.82 million shares for 74.5 percent of total volume, followed by Jamaican Teas with 2.72 million units for 7.3 percent of the day’s trade, Spur Tree Spices with 2.10 million units for 5.6 percent market share and Fosrich with 1.59 million units for 4.3 percent of total volume.
At the close, the Junior Market Index climbed 12.74 points to 3,759.14.
The PE Ratio, a measure of computing appropriate stock values, averages 10.7. The PE ratios of Junior Market stocks are computed using the last traded price in conjunction with ICInsider.com’s projected earnings for the financial years ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and none with a lower offer.
At the close, Blue Power fell 39 cents to $2.05 with an exchange of 21 shares, Caribbean Assurance Brokers dipped 9 cents in closing at $2.35 with shareholders swapping 71,020 units, Dolphin Cove climbed 45 cents to end at $16.90 after an exchange of 17,847 stocks, Express Catering popped 21 cents to $5.15, after 263,085 stock units changed hands, Fosrich slipped 9 cents to $2.41 after 1,593,293 shares passed through the market, GWest Corporation fell 12 cents to end at 90 cents in trading 654 stock units, Honey Bun advanced 70 cents in closing at $7 after a transfer of 165,127 stocks, Indies Pharma declined 9 cents and ended at $3.06, with 42,605 units crossing the market, Iron Rock Insurance dropped 65 cents to close at $1.85 with 66,268 units clearing the market, KLE Group dipped 16 cents to $1.50 with a transfer of 35,269 shares, Knutsford Express fell 96 cents to end at $10.04 with investors transferring 1,397 stock units, Lasco Distributors rose 8 cents in closing at $2.75 with an exchange of 44,444 stocks, Lasco Manufacturing rallied 13 cents and ended at $4.13 after 25,603 shares changed hands, Lumber Depot increased 8 cents to close at $2.28 with investors swapping 87,229 units, Main Event shed 45 cents to end at $12.55 8,189 stock units changing hands, Medical Disposables gained 70 cents to close at $5.50, with a mere 11 stocks crossing the market, Paramount Trading climbed 11 cents in closing at $2.19 with an exchange of 27,820,000 shares, Stationery and Office Supplies advanced $1.59 in ending at $15.59 following the switching ownership of one unit and tTech lost 36 cents to end at $2.15 in trading 179 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.