Trading dipped on the Junior Market of the Jamaica Stock Exchange Wednesday, with the volume of stocks traded falling 24 percent and the value 26 percent lower than on Tuesday with 46 securities trading compared with 45 on Tuesday and ended with 18 rising, 20 declining and eight closing unchanged and the market index slipping after opening over the 4,000 mark in the early morning session.
Investors traded 5,502,698 shares for $18,254,039 compared with 7,265,809 units at $24,794,866 on Tuesday.
Trading averaged 119,624 shares for $396,827 in comparison with 161,462 shares at $550,997 on Tuesday with the month to date, averaging 195,291 units at $759,003 compared with 233,965 stocks at $944,115 on the previous day. June closed with an average of 319,230 units at $854,456.
Fosrich led trading with 904,316 shares for 16.4 percent of total volume followed by Future Energy Source with 782,065 units for 14.2 percent of the day’s trade and JFP Ltd with 614,259 units for 11.2 percent market share.
At the close, the Junior Market Index dipped 3.70 points to 3,980.64.
The PE Ratio, a measure of computing appropriate stock values, averages 11.2. The PE ratios of the Junior Market uses 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 ended with bids higher than their last selling prices and five with lower offers.
At the close, AMG Packaging rose 8 cents to $2.35 after 1,029 shares passed through the market, CAC 2000 declined $1.45 to end at $5.60 after hitting an intraday low of $5.01, in switching ownership of 71 units, Cargo Handlers dropped $6.36 to $15.04 after an exchange of 6,583 stocks, Caribbean Cream dipped 40 cents and ended at $4 with shareholders swapping 50,302 stock units. Caribbean Flavours fell 17 cents to $1.22, with 2,228 shares crossing the exchange, Consolidated Bakeries dropped 48 cents in closing at $2.51 after 20,862 stock units were traded, Dolla Financial climbed 16 cents to $2.31 in an exchange of 591,004 stocks, Dolphin Cove shed 41 cents to end at $16.49, with stakeholders exchanging 47,879 units. Elite Diagnostic popped 19 cents to close at $2.20, with 2,203 stock units crossing the market, Express Catering gained 22 cents and ended at $5.25 after a transfer of 2,700 units, 
Fontana lost 20 cents to close at $12.50 in an exchange of 161,935 stocks, Fosrich increased 19 cents to $2.34, with 904,316 shares clearing the market. Future Energy Source rallied 9 cents in closing at $3.98 while exchanging 782,065 shares, GWest Corporation advanced 10 cents to close at $1.03 with investors trading 186 units, Indies Pharma declined 10 cents to end at $3.20 after an exchange of 15,050 stock units, ISP Finance fell $5 to $20, with 3,182 stocks crossing the market. KLE Group rallied 14 cents in closing at $1.79 with an exchange of just six stocks, Lasco Distributors climbed 45 cents and ended at 52 weeks’ high of $4.14 with 87,634 units changing hands, Medical Disposables shed 71 cents to end at $4.30 as investors exchanged 500 shares, 
Stationery and Office Supplies dropped 95 cents to close at $27 and closed after trading in 72,455 stock units and tTech dipped 9 cents to $2.01 in trading 105,500 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The Junior Market climbs higher
The Junior Market of the Jamaica Stock Exchange closed moderately higher on Tuesday after trading volume and value dropped compared with Monday resulting from a 47 percent drop in the volume of stocks traded, with a 59 percent lower value with trading in 45 securities similar to trading on Monday and ended with 18 rising, 22 declining and five closing unchanged.
Investors traded 7,265,809 shares for $24,794,866 versus 13,791,073 units at $60,175,455 on Monday.
Trading averaged 161,462 shares at $550,997 in contrast with 306,468 shares at $1,337,232 on Monday with the month to date, averaging 233,965 units at $944,115. June closed with an average of 319,230 units at $854,456.
ONE on ONE Educational led trading with 1.08 million shares for 14.8 percent of total volume followed by Dolla Financial with 1.07 million units for 14.7 percent of the day’s trade and Future Energy Source with 935,090 units for 12.9 percent market share.
The Junior Market Index rose 15.38 points to 3,984.34.
The PE Ratio, a measure of computing appropriate stock values, averages 11.5. PE ratios of Junior Market stocks are based on 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 five stocks ended with bids higher than their last selling prices and five with lower offers.
At the close, Access Financial increased 12 cents in closing at $22.67, with 49 shares crossing the market, AMG Packaging shed 28 cents to close at $2.27 after a transfer of 247,985 stocks, CAC 2000 rose $1.45 and ended at $7.05 with investors transferring 100 units, Caribbean Assurance Brokers climbed 16 cents to $3.25 with an exchange of 57,256 stock units. Caribbean Cream dipped 10 cents to end at $4.40 after 38,758 stock units changed hands, Consolidated Bakeries popped 47 cents to close at $2.99 in the trading of 15,341 units, Dolphin Cove gained 25 cents to end at $16.90 and closed with an exchange of 33,998 stock units, EduFocal advanced 17 cents to $1.82 in switching ownership of 303,478 shares. Elite Diagnostic fell 19 cents in closing at a 52weeks’ low of $2.01, with 100,301 stocks crossing the exchange, Everything Fresh rallied 8 cents and ended at $1.60 as 201 stock units passed through the market, Express Catering declined 47 cents to end at $5.03 with a transfer of 5,987 shares, 
Fontana climbed 70 cents to close at a 52 weeks’ high of $12.70 in an exchange of 214,601 units. Future Energy Source rose 9 cents in closing at $3.89 with shareholders swapping 935,090 stocks, Honey Bun rallied 50 cents and ended at $6.65 in trading 43 units, Jamaican Teas lost 15 cents in ending at $2.35 after an exchange of 49,353 shares, JFP Ltd gained 11 cents to close at $1.74, with 649,908 stock units crossing the market. KLE Group dropped 15 cents to $1.65, with just 2 stocks changing hands, Lasco Distributors popped 14 cents to end at 52 weeks’ high of $3.69, with stakeholders exchanging 44,566 shares and ended with a sparse number of stocks on offer for sale at the close, Lasco Financial lost 22 cents in closing at $2.49 after an exchange of 1,131 units, Lasco Manufacturing dropped 20 cents to close at $4.50 as investors exchanged 134,423 stock units. 
Main Event dipped 10 cents in closing at $17.40, with 15,535 units clearing the market, Medical Disposables fell 88 cents to $5.01 while exchanging 300 stock units and Spur Tree Spices shed 13 cents to end at $2.10 after a transfer of 512,417 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE Main market climbs 4 in 5 days
Trading activity continued to deliver gains with the Jamaica Stock Exchange Main Market ending higher on Thursday, for the fourth day in five, with the volume of stocks traded rising moderately but with a 9 percent higher value than on Wednesday, after investors traded 53 securities, down from 59 on Wednesday, with 18 rising, 16 declining and 19 ending unchanged.
A total of 22,306,090 shares were traded for $206,410,617 compared to 22,105,112 units at $190,093,496 on Wednesday.
Trading averaged 398,323 shares at $3,685,904 compared with 374,663 shares at $3,221,924 on Wednesday and for the month to date, an average of 361,395 units at $5,431,838 compared with 359,563 units at $5,518,439 on the previous day. May ended with an average of 226,361 units at $1,362,447.
Transjamaican Highway led trading with 12.75 million shares for 57.3 percent of total volume followed by Wigton Windfarm with 2.41 million units for 10.8 percent of the day’s trade, Supreme Ventures chipped in with 2.31 million units for 10.4 percent market share and Jamaica Broilers with 1.57 million units for 7.1 percent of total volume.
The All Jamaican Composite Index rose 710.07 points to close at 368,014.24, the JSE Main Index rallied 630.80 points to close at 330,388.98 and the JSE Financial Index gained 0.14 points to 72.92.
The PE Ratio, a formula used to compute appropriate stock values, averages 13.5 for the Main Market. The JSE Main and USD Market PE ratios are computed based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending up to August 2024.
Investor’s Choice bid-offer indicator shows nine stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Caribbean Cement climbed $7.18 in closing at $60.18 in switching ownership of 47,005 shares, Caribbean Producers lost $1.05 to close at $10.75 in trading 71,181 units, GraceKennedy rallied $1 to end at $78 with a transfer of 110,880 stocks, Guardian Holdings dipped $1 to $420, with 6,426 stock units crossing the market.
Kingston Wharvesadvanced $1 and ended at $30 after a transfer of 1,215 stock units, Massy Holdings fell $1 to end at $99 with investors exchanging 8,362 units, Mayberry Investments popped 80 cents in closing at $9 after 100,627 shares passed through the market, MPC Caribbean Clean Energy shed $10 in ending at $61 as investors exchanged 605 stocks. NCB Financial declined 88 cents to close at $66.10 with 85,211 stocks clearing the market, Pan Jamaica dropped $4.83 to $49.12 with shareholders swapping 45,432 stock units, Proven Investments declined 78 cents in closing at $25 while exchanging 47 units, Sagicor Group rose 49 cents to $50.50, with 26,001 shares crossing the market. Scotia Group gained 73 cents to $34.74 after an exchange of 122,644 stock units, Seprod dipped 40 cents to end at $75.10, with stakeholders exchanging 7,450 units, Supreme Ventures dropped 97 cents to close at $27.50 with investors transferring 2,313,937 stocks, Sygnus Credit Investments lost 42 cents to end at $12.65, with 353,391 shares changing hands.
In the preference segment, Eppley 7.50% preference share increased 61 cents and ended at $6.70 with an exchange of 83 shares, Jamaica Public Service 7% advanced $7.50 to $57.50 after just 2 units crossing the exchange and JMMB Group 7% preference share gained 39 cents in closing at $2.39 in an exchange of 5 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market jumps sharply on Thursday
Trading surged on the Junior Market of the Jamaica Stock Exchange Thursday, as JFP Limited dominated trading with more than 102 million shares that sent the volume of stocks traded surging
939 percent and the value 228 percent higher than on Wednesday after trading took place in 47 securities compared with 43 on Wednesday and ended with 28 rising, seven declining and 12 closing unchanged.
Investors traded 118,542,020 shares for $209,049,547 up from 11,405,529 units at $63,776,052 on Wednesday.
Trading averaged 2,522,171 shares at $4,447,863, compared to 265,245 shares at $1,483,164 on Wednesday with the month to date, averaging 309,922 units at $831,805 compared with 190,821 stock units at $637,126 on the previous day. May closed with an average of 239,954 units at $648,811 and exceeds the average up to Wednesday but below Thursday’s level with the jump in trading on Thursday.
JFP Ltd led trading with 102.22 million shares for 86.2 percent of total volume followed by ONE on ONE Educational with 4.86 million units for 4.1 percent of the day’s trade, Jetcon Corporation ended with 3.61 million units for 3 percent of shares traded, Fosrich closed with 1.51 million units for 1.3 percent market share and Dolla Financial with 1.18 million units for 1 percent of total volume.
At the close, the Junior Market Index rose 53.19 points to settle at 3,960.19 to be down 0.7 percent for the year to date and up 10.2 percent since this year’s low in mid-March.
The PE Ratio, a measure of computing appropriate stock values, averages 11.3. The PE ratios of Junior Market stocks are computed based on the last traded stock prices 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 increased $3 to $25.50 in an exchange of 58,731 shares. Thursday’s takes place following a long period that the stock has struggled to move higher in price but has been trading in above average volumes since June 16, not seen for some time, excluding the last trading day of a month, with Thursday being the largest trade and follows just over 25,000 units on June 27, over 17,000 on June 26 and 43,654 on June 22 with three other days since the sixteen of June of more than 15,700 hares, this suggests something out of the ordinary can be expected. 
Blue Power rallied 75 cents to end at $3.05, with 43,155 stock units crossing the market, CAC 2000 advanced 43 cents to close at $7.07 in an exchange of 638 stocks, Cargo Handlers popped $1.99 in closing at $21 with 13 units clearing the market, Caribbean Cream climbed 20 cents to $4.70 after an exchange of 68,819 stocks, Consolidated Bakeries rose 9 cents and ended at $2.51, with 90,000 stock units changing hands, Express Catering gained 10 cents in closing at $5.50 with shareholders swapping 35,146 units, Future Energy Source rose 18 cents to $3.98 with a transfer of 336,638 shares, but only after sinking to a 52 weeks’ intraday low of $3.33. ISP Finance popped $2.04 to end at $22.04 while exchanging 806 units, Lasco Financial advanced 32 cents to close at $2.67 and closed with 402,641 shares changing hands, Lumber Depot gained 9 cents to close at $2.19 after trading 228,666 stock units. 
Main Event climbed 95 cents in closing at a 52 weeks’ high of $16.20 in switching ownership of 66,869 stocks, Medical Disposables increased 10 cents to $4.20, with 52,711 stock units crossing the market, MFS Capital Partners declined 9 cents and ended at $2.92 in trading 86,519 shares. Regency Petroleum rallied 11 cents to end at $2.60, with 556,398 stocks crossing the exchange, Stationery and Office Supplies rallied 11 cents to $23.50 as 95,854 units passed through the market and tTech gained 15 cents in closing at $2.25 after a transfer of 10 stocks.Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading jumps on Junior Market
The Junior Market of the Jamaica Stock Exchange inched higher on Wednesday, following a 43 percent rise in the volume of stocks traded with the value jumping 97 percent more than on Tuesday after trading in 43 securities trading compared with 46 on Tuesday and ended with 18 rising, 20 declining and five closing unchanged.
Investors traded 11,405,529 shares for $63,776,052 versus 7,980,472 units at $32,399,094 on Tuesday.
Trading averaged 265,245 shares at $1,483,164, compared with 173,489 stocks at $704,328 on Tuesday, with the month to date, averaging less than May, with 190,821 units at $637,126 compared with 186,965 stock units at $593,295 on the prior day. Trading in May averaged 239,954 shares at $648,811.
Fontana led trading with 4.11 million shares for 36 percent of total volume, ONE on ONE Educational followed with 1.20 million units for 10.5 percent of the day’s trade and Dolla Financial ended with 1.14 million units for 10 percent share of the market.
At the close, the Junior Market Index rallied 2.98 points and concluded trading at 3,907.00 and remains with a loss of 2 percent for the year to date.
The PE Ratio, a measure of computing appropriate stock values, averages 11. 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 five stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Access Financial lost $2.80 and ended at $22.50 trading a mere 116 shares, AMG Packaging popped 16 cents to close at $2.45 in an exchange of 200,834 stock units, CAC 2000 declined 45 cents to $6.64, with 184 stocks crossing the market. Cargo Handlers fell $2.49 in closing at $19.01 with 6,517 units changing hands, Caribbean Cream gained 59 cents to end at $4.50, with just 350 stocks crossing the exchange, Consolidated Bakeries rose 17 cents to close at $2.42 while exchanging 11 stock units. Elite Diagnostic dipped 8 cents in closing at $2.22 with a transfer of 10,644 shares, Fontana advanced 49 cents to $10.50 after a transfer of 4,106,488 units, Fosrich shed 12 cents to end at $2.22 as investors exchanged 263,109 units. Future Energy Source dropped 11 cents to a 52 weeks’ closing low of $3.80 after exchanging 244,167 stocks, 
iCreate climbed 10 cents to end at $1.10 with an exchange of 143,299 stock units, ISP Finance dipped $4.99 in closing at $20 after investors exchanged 1,108 shares. Jamaican Teas rallied 25 cents to $2.35 in switching ownership of 669,921 shares, Knutsford Express lost $1.09 to close at $10.81 after an exchange of 11,313 stock units, Lumber Depot dropped 8 cents to $2.10 as 5,853 stocks passed through the market. Main Event increased 20 cents and ended at a record close of $15.25 in an exchange of 26,375 units, Medical Disposables shed 72 cents to end at $4.10 with investors transferring 4,153 shares, MFS Capital Partners advanced 12 cents to $3.01 and closed with an exchange of 44,286 stocks. ONE on ONE Educational rose 9 cents in closing at $1.12 in trading 1,198,565 units, 
Stationery and Office Supplies declined 52 cents to close at $23.39, with 238,565 stock units changing hands and tTech fell 14 cents in closing at $2.10, with 589 shares crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market hit by falling stocks
The Junior Market of the Jamaica Stock Exchange dropped sharply on Tuesday, with 15 rising, 21 declining and 10 closing unchanged with the volume of stocks traded rising 23 percent and the value jumping 75 percent more than on Monday with trading in 46 securities compared with 45 on Monday, with the Junior Market Index dropping 51.89 points to end at 3,904.02, to be down 2.1 percent for the year to date.
Investors traded 7,980,472 shares for $32,399,094 up from 6,499,546 units at $18,510,251 on Monday.
Trading averaged 173,489 shares at $704,328 up from 144,434 units for $411,339 on Monday. The average trade for the month to date is 186,965 shares at $593,295 compared with 187,756 stock units at $586,780 on the previous day. May closed with an average of 239,954 units at $648,811.
Jetcon Corporation led trading with 1.58 million shares for 19.9 percent of total volume followed by Fosrich with 857,118 units for 10.7 percent of the day’s trade and ONE on ONE Educational with 624,896 units for 7.8 percent market share.
The PE Ratio, a measure of computing appropriate stock values, averages 11.2. 
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 four with lower offers.
At the close, Access Financial climbed $2.80 to $25.30 with 25,006 shares clearing the market, Blue Power lost 35 cents to end at $2.30 after a transfer of 7,604 stock units, Cargo Handlers shed 50 cents to end at $21.50 with a transfer of 872 stocks, Caribbean Cream fell 79 cents to $3.91 and closed with 16 units changing hands. Consolidated Bakeries dropped 17 cents in closing at $2.25 with 67 units crossing the exchange, 
Dolphin Cove dipped 87 cents and ended at $16.10 with stakeholders exchanging 18,605 stock units, Fosrich rose 15 cents to end at $2.34 in an exchange of 857,118 stocks, Future Energy Source declined 11 cents in closing at $3.91 after an exchange of 229,536 shares. Honey Bun popped 10 cents to $6.65 as investors traded 2,966 stocks, Iron Rock Insurance increased 20 cents to close at $2.30 with a transfer of 1,000 units, Knutsford Express dipped 9 cents in closing at $11.90 with an exchange of 4,126 shares, Lasco Distributors rallied 18 cents to end at a 52 weeks’ high of $3.58 with shareholders swapping 464,970 stock units. Lasco Manufacturing advanced 36 cents and ended at $4.88 in trading 81,749 units, Mailpac Group dropped 9 cents to close at $1.85, with 126,290 stocks crossing the market, 
Main Event gained 15 cents to close at a 52 weeks’ high of $15.05 in trading 610,521 shares, Medical Disposables rose 57 cents to end at $4.82, with just one stock crossing the market and Stationery and Office Supplies declined $1.59 to $23.91 in switching ownership of 344,146 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market risers and losers shared honours
Trading closed on the Junior Market of the Jamaica Stock Exchange Monday, with the recent star Stationery and Office Supplies falling back sharply from the high of $35 it reached last week down to $25.50 as the volume of stocks traded declining 19 percent with a 39 percent lower value than Friday with 45 securities trading compared with 43 on Friday and ended with 18 rising, 18 declining and nine closing unchanged.
At the close, 6,499,546 shares were traded for $18,510,251, down from 8,041,831 units at $30,510,717 on Friday.
Trading averaged 144,434 shares at $411,339, compared with 187,019 shares at $709,552 on Friday with the month to date, averaging 187,756 units at $586,780 compared with 190,394 stock units at $597,463 on the previous day. Trading in May averaged 239,954 units at $648,811.
Image Plus Consultants led trading with 1.29 million shares for 19.9 percent of total volume followed by ONE on ONE Educational with 680,010 units for 10.5 percent of the day’s trade and Mailpac Group with 572,408 units for 8.8 percent market share.
At the close, the Junior Market Index popped 13.44 points to close at 3,955.91 and is now down less than one percent for the year to date and up 10 percent since the low in March and is fraction adrift of the 3,963.89 points reached on February 17, the previous high.
The PE Ratio a measure of computing appropriate stock values, averages 11.2. 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 four with lower offers.
At the close, AMG Packaging lost 37 cents in closing at $2.29 with a transfer of 1,275 shares, Cargo Handlers fell 9 cents to $22, with 4 stock units changing hands, Caribbean Assurance Brokers dropped 65 cents to end at $3.35 while exchanging 15,496 stocks. Caribbean Cream rallied 70 cents to end at $4.70 with an exchange of 11,619 units, 
Consolidated Bakeries gained 23 cents to close at $2.42 after 3,344 shares crossed the exchange, Dolphin Cove rose 97 cents in closing at $16.97 as 11,757 units passed through the market. Elite Diagnostic climbed 13 cents to $2.35 in an exchange of 208,580 stocks, GWest Corporation advanced 10 cents to close at $1.03 after 86 stock units changed hands, Honey Bun dipped 14 cents to end at $6.55 in switching ownership of 12,480 stocks. iCreate popped 14 cents and ended at $1.05 after a transfer of 389,514 stock units, Iron Rock Insurance increased 10 cents to end at $2.10 and closed with 2,954 units being trading, Knutsford Express climbed $1.16 to $11.99 with investors transferring 270 shares. Lasco Manufacturing declined 38 cents in closing at $4.52, with stakeholders exchanging 5,357 shares, Limners and Bards shed 9 cents to close at $2.11, with 3,794 stock units crossing the market, Main Event dipped 10 cents and ended at $14.90 in an exchange of 23,047 stocks. 
Medical Disposables popped 19 cents in closing at $4.25, with 4,596 units crossing the market, MFS Capital Partners dropped 15 cents to $2.85 as investors exchanged 17,000 shares and Stationery and Office Supplies fell $2.50 to $25.50 with shareholders swapping 188,272 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market falls on Thursday
The Junior Market of the Jamaica Stock Exchange closed down on Thursday, with the number of securities that were traded remaining at 40, similar to Wednesday and ended with 15 rising, 16 declining and nine closing unchanged, following a 42 percent decline in the volume of stocks traded with 36 percent lower value than on Wednesday.
Investors traded 5,875,457 shares for $28,016,001 compared to 10,079,171 units at $43,487,229 on Wednesday.
Trading averaged 146,886 shares at $700,400, compared to 251,979 units at $1,087,181 on Wednesday, with the month to date average of 190,602 units at $590,538 versus 193,268 stock units at $583,839 on the previous day. May closed with an average of 239,954 units at $648,811.
iCreate led trading with 708,021 shares for 12.1 percent of total volume, followed by ONE on ONE Educational with 543,343 units for 9.2 percent of the day’s trade and EduFocal with 478,870 units for 8.2 percent market share.
At the close, the Junior Market Index declined 19.18 points to end at 3,916.95.
The PE Ratio, a measure of computing appropriate stock values, averages 11.1. 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 two with lower offers.
At the close, Access Financial gained 55 cents to $22.55, with 43,654 shares crossing the market, Blue Power shed 9 cents in closing at $2.09 with an exchange of 247,310 stock units, Cargo Handlers dipped 9 cents to $22 with investors transferring 981 stocks. Caribbean Assurance Brokers climbed 31 cents to close at a 52 weeks’ high of $3 after an exchange of 107,658 units, Caribbean Flavours dropped 15 cents and ended at $1.20 with an exchange of 90,872 units, 
Consolidated Bakeries declined 23 cents in ending at $2.19 with a transfer of 2,234 shares. Dolphin Cove rose 57 cents in closing at $15.85 after an exchange of 37,263 stocks, Future Energy Source gained 9 cents to end at$4 with 281,377 stocks changing hands, General Accident climbed 45 cents to end at $5.25, with 14,774 stocks crossing the market. Jamaican Teas fell 9 cents to close at $2.07 after exchanging 475,361 shares, JFP Ltd lost 9 cents in closing at $1.55, with investors trading 401,657 stock units, KLE Group popped 13 cents to end at $1.76 after a transfer of 20,000 units. Lasco Distributors rallied 17 cents to $3.38 in an exchange of 2,684 units, Main Event climbed 10 cents to $14.85 as investors exchanged 86,704 stocks, 
MFS Capital Partners fell 20 cents to close at $2.80 in switching ownership of 102,790 shares and Stationery and Office Supplies declined $1.09 to close at $33.89, with 397,867 stock units clearing the market, ahead of the announcement of a split of each share into 9 effective July 25 subject to approval at the annual general meeting on the same day.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
SOS hits new high & pushed Junior Market higher
Stationery and Office Supplies boosted activity on the Junior Market of the Jamaica Stock Exchange on Wednesday with the price racing to another new record high of $34.98, as investors continued to respond aggressively to an announcement that directors would be considering a stock split and in the process pushed the price up 75 percent since Monday and just over 100 percent for the year to date, the move helped the Junior market advanced 25.03 points to 3,936.13.
Trading closed with a 15 percent rise in the volume of stocks traded, with 10 percent less value than on Tuesday after trading in 40 securities compared with 43 on Tuesday and ended with 12 rising, 17 declining and 11 closing unchanged.
A total of 10,079,171 shares were traded for $43,487,229 compared to 8,787,937 units at $48,253,320 on Tuesday.
Trading averaged 251,979 shares at $1,087,181 compared to 204,371 stocks at $1,122,170 on Tuesday with the month to date, averaging 193,268 units at $583,839 compared with 189,456 stock shares at $551,155 on the previous day. May closed with an average of 239,954 units at $648,811.
Dolla Financial led trading with 2.77 million shares for 27.5 percent of total volume followed by 
Image Plus Consultants with 1.84 million units for 18.3 percent of the day’s trade and ONE on ONE Educational with 668,531 units for 6.6 percent market share.
The PE Ratio, a measure of computing appropriate stock values, averages 11.1. 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 ended with bids higher than their last selling prices and six with lower offers.
At the close, Access Financial lost $1.20 in closing at $22 in an exchange of 15,750 shares, Blue Power shed 30 cents to close at $2.18 with 2,783 units changing hands, Cargo Handlers rallied $3.89 to end at $22.09 in trading 3,144 stock units, Caribbean Assurance Brokers gained 19 cents and ended at $2.69 with a transfer of 555,390 stocks, 
Caribbean Flavours popped 20 cents to $1.35 with investors trading 31,181 units, Dolla Financial dipped 14 cents in closing at $2.36 as shareholders swapped 2,774,569 stocks, Dolphin Cove rallied 28 cents to end at $15.28 and closed at 17,377 units, Express Catering rose 41 cents to $5.40 after investors exchanged 221 shares, Future Energy Source dipped 10 cents to close at $3.91, with stakeholders exchanging 174,638 stocks, iCreate rose 13 cents and ended at $1.20 after stakeholders trading 27,112 stock units, Indies Pharma fell 10 cents in closing at $3 as 352,201 shares passed through the market, Knutsford Express declined 80 cents to end at $11 12,605 units changing hands, Lasco Distributors dipped 17 cents to $3.21 crossing the market, with 72,561 stocks, Mailpac Group shed 10 cents to close at $1.85, with 256,349 units crossing the exchange, 
Medical Disposables dropped 19 cents to close at $4.06 after a transfer of 16,120 stock units, Spur Tree Spices fell 9 cents and ended at $2.33, with 50,188 shares clearing the market and Stationery and Office Supplies climbed $8.53 in closing at a record high of $34.98 in an exchange of 633,397 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated
SOS highlights Junior Market trading
Stationery and Office Supplies was the highlight of the Junior Market of the Jamaica Stock Exchange on Tuesday with the price closing at a record high of $26.45 with more than 500,000 share trading and closed with bids at $26.45 to buy 220,709 shares and at $26 to buy 114,415 shares, in contrast, stocks offered at the close were light starting at $30.50. The sharp rally follows an announcement of a directors’ meeting on Wednesday to discuss a possible stock split.
Trading closed with the volume of stocks traded rising 53 percent, with an increase of 182 percent in value compared to Monday, following trading in 43 securities compared with 44 on Monday and ended with 14 rising, 18 declining and 11 closing unchanged.
Investors traded 8,787,937 shares for $48,253,320 up from 5,733,266 units at $17,140,162 on Monday.
Trading averaged 204,371 shares at $1,122,170, with 130,302 shares at $389,549 on Monday, with a month to date, average of 189,456 units at $551,155 compared to 188,336 stock units at $508,304 on the previous day. May closed with an average of 239,954 units at $648,811.
Image Plus Consultants led trading with 1.28 million shares for 14.6 percent of total volume followed by Dolphin Cove with 1.17 million units for 13.3 percent of the day’s trade and Fosrich with 935,005 units for 10.6 percent market share.
At the close, the Junior Market Index advanced 31.19 points to settle at 3,911.10 and reclaimed the 3,900 mark, the highest since Mid-February.
The PE Ratio, a measure of computing appropriate stock values, averages 11 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 ended with bids higher than their last selling prices and two with lower offers.
At the close, Cargo Handlers declined $3.80 to close at $18.20 in trading 275 shares, Caribbean Assurance Brokers fell 10 cents to end at $2.50 in an exchange of 97,168 stock units, Caribbean Cream dropped 17 cents to $4 with stakeholders exchanging 95,150 units.
Caribbean Flavours dipped 21 cents in closing at $1.15, with 111,166 stocks crossing the exchange, Dolla Financial shed 9 cents and ended at $2.50 as investors exchanged 481,548 stocks, Elite Diagnostic rose 27 cents to close at $2.30 with a transfer of 692 units. Express Catering lost 21 cents to close at $4.99, with 105,200 stock units crossing the market, Fosrich fell 23 cents to $2.30 after 935,005 shares were traded, Honey Bun rallied 46 cents and ended at $6.96 with 8,515 stocks clearing the market. iCreate lost 18 cents to end at $1.07 in switching ownership of 118,688 units, Iron Rock Insurance climbed 15 cents to $2.15 as 237 shares passed through the market, ISP Finance dipped $6.49 to $19.91 after an exchange of 5,211 stock units. JFP Ltd shed 11 cents and ended at $1.57 in an exchange of 930,469 units, Lasco Manufacturing advanced 10 cents to close at $4.50 with investors transferring 344 shares, 
Main Event increased 86 cents in closing at $14.75, with 55,905 stocks crossing the market, Regency Petroleum declined 20 cents to close at $2.60 while exchanging 705,529 stock units and Stationery and Office Supplies gained $6.45 in closing at a record high of $26.45 with shareholders swapping 523,811 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
