Trading closed on Monday, with the volume of stocks traded declining by 59 percent, with a 49 percent lower value than on Friday at the close of the Jamaica Stock Exchange Junior Market, after 43 securities traded down from 41 on Friday, with 22 rising, 16 declining and five closing unchanged.
At the close, the Junior Market Index advanced 13.32 points to settle at 4,199.22.
The PE Ratio, a measure used to compute appropriate stock values, averages 12.6 based on ICInsider.com earnings forecast for companies with financial years ending from August 2022 to August 2023.
A total of 8,658,067 shares traded for $49,169,751 compared to 20,898,865 units at $96,173,773 on Friday. Fosrich led trading with 1.19 million shares for 13.8 percent of total volume, followed by JFP Limited with 1.11 million units for 12.8 percent of the day’s trade and EduFocal with 829,274 units for 9.6 percent market share.
Trading averaged 201,350 shares at $1,143,483 in contrast to 509,728 shares at $2,345,702 on Friday, with month to date, averaging 351,868 units at $1,730,280 on Friday. March closed with an average of 719,276 units at $2,636,802.
Investor’s Choice bid-offer indicator shows one stock ended with a higher bid than the last selling price and four with lower offers.
At the close, Blue Power popped 34 cents in closing at $3.74 with 123 shares crossing the exchange, 
Cargo Handlers declined 35 cents, ending at $12.10 after switching owners of 6,500 stocks, Caribbean Assurance Brokers shed 9 cents to end at $2.31 in an exchange of 214,474 units. Consolidated Bakeries climbed 16 cents to close at $1.41 after exchanging 174,125 stock units, Dolphin Cove popped 90 cents to $22.90 after an exchange of 253,504 shares, Express Catering fell 9 cents in closing at $6 after 356,802 units changed hands. Fontana rallied 9 cents to close at $10 with the swapping of 192,666 stocks, Fosrich advanced $1.98 to end at a 52 weeks’ closing high of $19 after 1,192,228 stock units changed hands, Future Energy Source dropped 13 cents to $6.16 after trading 534,016 units. General Accident rose 17 cents in ending at $6.17, with 15,958 stock units clearing the market, Indies Pharma increased 22 cents in closing at $3.10 in exchanging 97,081 stocks, JFP Limited gained 9 cents to end at $1.39 while exchanging 1,108,073 shares. Lasco Financial lost 7 cents to close at $3.45, with 126,807 shares crossing the market, Limners and Bards popped 12 cents to $3.37 in trading 13,013 stock units, Lumber Depot advanced 15 cents in ending at $3.61 with an exchange of 599,254 units. 
Mailpac Group rallied 12 cents to end at $3.35 after 266,253 stocks changed hands, Paramount Trading declined 22 cents to $1.50 after 21,500 units crossed the market, SSL Venture climbed 19 cents in ending at $1.85 after trading 290,137 shares. Stationery and Office Supplies increased 84 cents in closing at $7.87 in trading 100 stocks and Tropical Battery rose 8 cents to finish at a 52 weeks’ close of $2.70 with an exchange of 815,065 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Two way price movement for Junior Market
The volume of stocks traded slipped while the value rose on Friday over Thursday at the close of the Jamaica Stock Exchange Junior Market, leaving the market with more losses than gains with the market index falling to open the new month.
Overall, 41 securities traded compared to 42 on Thursday, with 17 rising, 20 declining and four closing unchanged and left the Junior Market Index in decline with a loss of 37.43 points to settle at 4,185.90.
The PE Ratio, a measure used to compute appropriate stock values, averages 12.2 based on projected 2022-23 earnings. The PE ratio of each stock in the chart below is based on ICInsider.com earnings forecast for companies with financial years ending up to August 2023.
Some 20,898,865 shares traded for $96,173,773 versus 23,142,159 units at $83,667,452 on Thursday. Jamaican Teas led trading with 10.27 million shares for 49.1 percent of total volume, followed by Lasco Financial, 2.04 million units for 9.8 percent of the day’s trade and Lasco Manufacturing with 1.05 million units for 5 percent market share.
Trading averaged 509,728 shares at $2,345,702 in contrast to 551,004 shares at $1,992,082 on Thursday. March closed with an average of 719,276 units at $2,636,802.
Investor’s Choice bid-offer indicator shows three stocks ended with higher bids than their last selling prices and two with lower offers.
At the close, Access Financial popped 40 cents to end at $20.90, with 93 shares crossing the market, AMG Packaging increased 15 cents to $3.15 in exchanging 501,246 stock units, Blue Power climbed 11 cents to $3.40 with the swapping of 512 units. Cargo Handlers rallied 45 cents to close at a 52 weeks’ high of $12.45 after trading 2,954 stocks, Derrimon Trading dropped 15 cents in closing at $2.53 and trading 334,399 stock units, Dolphin Cove fell $4.69 to $22 while exchanging 690,218 stocks, following the release of full year’s results to December last year. Fontana declined 7 cents in closing at $9.91 after 176,510 units changed hands, Fosrich shed $1.61 in ending at $17.02 after exchanging 88,339 shares and after the price hit an intraday high of $20, Honey Bun lost 23 cents to end at $10.05, with 77,350 shares crossing the exchange. Indies Pharma fell 21 cents to close at $2.88 after 204,763 stock units crossed the market, Iron Rock Insurance gained 40 cents to $3.60 with an exchange of 6,135 stocks, Jamaican Teas shed 8 cents in closing at $3.60 in trading 10,270,448 units. KLE Group advanced 35 cents to close at $2.71after trading 1,031 stock units, Knutsford Express rose 55 cents after ending at $8 in switching ownership of 1,000 units, Lasco Manufacturing popped 15 cents to end at $5.70 in an exchange of 1,046,863 stocks. 
Mailpac Group dropped 34 cents to $3.23, with 203,681 shares clearing the market, Main Event rose 80 cents to close at $8 after an exchange of 15,774 stock units, Paramount Trading increased 14 cents to $1.72 after trading 4,030 shares. Stationery and Office Supplies declined 57 cents in closing at $7.03, with 250 units crossing the market and tTech lost 47 cents to end at $3.75 while exchanging 24,000 stocks following the release of poor 2021 full year results.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market Jumps 23%
Trading fell back from Wednesday’s surge at the close of the Junior Market on Thursday, with the volume of stocks traded dropping 69 percent as the value fell 70 percent from Wednesday’s levels, but the market ended with advancing stocks nearly doubling those declining and sent the market index 34.01 points higher to 4,223.33, with 23 percent gains for the year to date.
Market activity led to 42 securities trading up from 40 on Wednesday with 21 rising, 12 declining and nine closing unchanged.
The PE Ratio, a measure used to compute appropriate stock values, averages 22.8. The PE ratio of each stock in the chart below is based on ICInsider.com earnings forecast for companies with financial years up to August 2022.
A total of 23,142,159 shares traded for $83,667,452 compared to 73,733,908 units at $274,328,558 on Wednesday, Spur Tree Spices led trading with 5.98 million shares for 25.9 percent of total volume, followed by Mailpac Group with 3.56 million units for 15.4 percent of the day’s trade and Future Energy Source with 2.63 million units for 11.4 percent market share, JFP Limited with 2.53 million units for 10.9 percent market share, Jetcon Corporation traded 2.18 million units for 9.4 percent market share and EduFocal ended with 1.63 million units for 7 percent market share.
Thursday’s trading averaged 551,004 shares at $1,992,082 down from 1,843,348 shares at $6,858,214 on Wednesday with month to date, averaging 719,276 units at $2,636,802 compared to 727,308 units at $2,667,573 on the previous trading day. February closed with an average of 370,064 units at $1,402,517.
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 advanced 49 cents in closing at $20.50 after trading 319 shares, CAC 2000 fell 45 cents to close at $7.05 in exchanging 2,756 units, Derrimon Trading rallied 13 cents to $2.68 with 194,275 stock units changing hands. Dolphin Cove popped 69 cents to $26.69, with 190,176 stocks clearing the market, Fosrich rose $2.23 to end at a 52 weeks’ high of $18.63 with 100,544 shares changing hands, Future Energy Source declined 33 cents to end at $6.35 after 2,630,785 stock units were traded. Honey Bun gained 29 cents ending at $10.28, with 19,243 stocks crossing the exchange, Indies Pharma increased 9 cents to close at $3.09, trading 236,024 units, Jetcon Corporation shed 15 cents in closing at $1.05 while exchanging 2,182,003 stocks.
Knutsford Express lost 55 cents to $7.45 with the swapping of 35,973 units, Lasco Manufacturing climbed 30 cents to end at $5.55 in an exchange of 83,221 stock units, Lumber Depot dropped 11 cents to $3.51 with an exchange of 653,429 shares. Mailpac Group climbed 34 cents to close at $3.57 after exchanging 3,562,628 stocks, Main Event fell 80 cents in ending at $7.20 after 132,274 shares changed hands, Spur Tree Spices dropped 9 cents to $3.70 in switching ownership of 5,983,396 stock units and Stationery and Office Supplies gained 57 cents in closing at $7.60 in exchanging 5,874 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Surge in Junior Market trading but index plunges
Junior Market trading jumped on Wednesday, with the volume of stocks traded surging 339 percent above that Tuesday as the value also jumped 362 percent, but the increased activity failed to prevent the market index from diving 65.96 points to 4,189.32.
Traded resulted in 73,733,908 shares changing hands at $274,328,558 up from 16,783,104 units at $59,357,222 on Tuesday. Spur Tree Spices led trading with 57.44 million shares for 77.9 percent of total volume, followed by EduFocal, 4.25 million units with 5.8 percent of the day’s trade, JFP Limited accounted for 3.05 million units for 4.1 percent market share, Mailpac Group ended with 1.49 million units for 2 percent market share, Lasco Financial hopped in with 1.45 million units for 2 percent market share and Tropical Battery ended with 1.2 million units for 1.6 percent market share.
Trading averaged 1,843,348 shares at $6,858,214 in contrast to 399,598 shares at $1,413,267 on Tuesday, with month to date, averaging 727,308 units at $2,667,573 ompared to 674,163 units at $2,468,019 on the previous trading day. February closed with an average of 370,064 units at $1,402,517.
Market activity led to 40 securities trading compared to 42 on Tuesday and ended with 18 rising, 14 declining and eight closing unchanged.
The PE Ratio, a measure used to compute appropriate stock values, averages 22.8. The PE ratio of each stock in the chart below is based on ICInsider.com earnings forecast for companies with financial years up to August 2022.
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, Caribbean Assurance Brokers shed 13 cents to end at $2.35 after trading 64,857 shares, Dolphin Cove lost 60 cents in closing at $26, with 149,124 stock units changing hands, EduFocal rose 47 cents to $3.68 in an exchange of 4,247,474 stocks. Elite Diagnostic rallied 8 cents to close at $3 after exchanging 9,883 units, General Accident increased 11 cents in ending at $6 with an exchange of 8,445 units, Honey Bun climbed 19 cents to end at $9.99, with 8,046 shares changing hands. Iron Rock Insurance dropped 25 cents to close at $3.15, with 7,000 stock units crossing the exchange, Jetcon Corporation gained 12 cents to close at $1.20 in trading 347,325 stocks, JFP Limited advanced 11 cents in closing at $1.26 after trading 3,051,640 stocks. Lasco Financial popped 30 cents to $3.50 in exchanging 1,451,000 units, Lasco Manufacturing fell 35 cents to $5.25 while exchanging 90,711 shares, Lumber Depot gained 13 cents to close at $3.62 after exchanging 532,147 stock units. 
Main Event declined 90 cents to end at $8 with the swapping of 85,126 stocks, Paramount Trading lost 22 cents to end at $1.52, with 24,000 shares clearing the market and Spur Tree Spices popped 9 cents in closing at $3.79 with 57,437,035 units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Record close for Junior Market, up 24% in 2022
The Junior Market Jamaica Stock Exchange hit a new intraday high immediately on opening at 4,292.32 points but ended lower at a record close of 4,255.28 after trading closed on Tuesday, with the volume of stocks traded falling 77 percent and the value slipping 75 percent from Monday’s trades.
A new record high for the JSE Junior Market.
Some 42 securities traded compared to 43 on Monday, with 17 rising, 18 declining and seven closing unchanged as the Market Index rose 49.92 points to close with a rise of 24 percent year to date at 4,255.28 or just under six percentage points from the gains for all of 2021.
The PE Ratio, a measure used to compute appropriate stock values, averages 22.3. The PE ratio of each stock in the chart below is based on ICInsider.com earnings forecast for companies with financial years up to August 2022.
A total of 16,783,104 shares traded for $59,357,222, down sharply from 71,534,884 units at $242,214,271 on Monday. Mailpac Group led trading with 4.38 million shares for 26.1 percent of total volume, followed by EduFocal, 2.85 million units with 17 percent of the day’s trade, JFP Limited chipped in with 2.24 million units for 13.3 percent market share. Future Energy Source traded 1.49 million units accounting for 8.9 percent market share, Spur Tree Spices closed with 1.15 million units for 6.8 percent market share and Tropical Battery exchanged 1.06 million units, with 6.3 percent market share.
Trading averaged 399,598 shares at $1,413,267 in contrast to 1,663,602 shares at $5,632,890 on Monday with the month to date, averaging 674,163 units at $2,468,019 compared to 688,614 units at $2,523,532 on the previous trading day. February closed with an average of 370,064 units at $1,402,517.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Access Financial advanced $1 to end at $20 with an exchange of 12,124 shares, AMG Packaging rose 19 cents to close at $2.99 after exchanging 6,298 stock units, Blue Power fell 84 cents in closing at $3.31 after trading 5,780 stocks. Caribbean Assurance Brokers rallied 19 cents to $2.48 in switching ownership of 3,500 units, Caribbean Cream dropped 12 cents to $5.10 in exchanging 889 stocks, Dolphin Cove popped $1.10 to end at $26.60 after 57,848 stock units changed hands. Elite Diagnostic climbed 11 cents to $2.92 after trading 96,277 units, Express Catering shed 10 cents ending at $6, with 146,676 shares crossing the market, Fosrich lost 15 cents to close at $16.35 with 54,691 stocks changing hands. Honey Bun rose 10 cents in closing at $9.80 in an exchange of 32,300 stock units, KLE Group declined 45 cents to close at $2.35 after exchanging 6,122 units, Lasco Financial lost 30 cents in ending at $3.20, with 219,550 shares crossing the exchange. Lasco Manufacturing declined 15 cents in closing at $5.60, with 597,490 stocks clearing the market. 
Mailpac Group shed 28 cents to close at $3.25 while exchanging 4,377,356 units, Main Event gained 40 cents to end at $8.90, with 11,273 shares crossing the market. Spur Tree Spices dropped 19 cents to close at $3.70, trading 1,149,011 stock units, SSL Venture fell 32 cents to $1.65 with the swapping of 502 shares and Stationery and Office Supplies shed 52 cents ending at $7.03 with 14,668 units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Surge in Junior Market trading
The Junior Market of the Jamaica Stock Exchange hit a new intraday record high in early trading on Monday, with the market index rising to 4,236.63 points within a minute of the opening, but it just failed to hold on to the record with a loss of just 0.42 points to settle at 4,205.36, after the volume of stocks traded surged 209 percent and the value jumped 189 percent over Friday’s levels.
At the close, 43 securities traded compared to 44 on Friday and ended, with 17 rising, 13 declining and 13 closing unchanged. Lasco Manufacturing and Tropical Battery traded at 52 weeks’ highs.
The PE Ratio, a measure used to compute appropriate stock values, averages 22.5. The PE ratio of each stock in the chart below is based on ICInsider.com earnings forecast for companies with financial years up to August 2022.
Some 71,534,884 shares traded for $242,214,271 up from 23,122,693 units at $83,802,194 on Friday. Spur Tree Spices led trading with 51.23 million shares for 71.6 percent of total volume. EduFocal traded 5.43 million units for 7.6 percent of the day’s trade. JFP Limited contributed 3.73 million units for 5.2 percent market share. Tropical Battery chipped in with 3.45 million units for 4.8 percent market share and Lumber Depot ended with 2.63 million units for 3.7 percent of total shares traded.
Trading averaged 1,663,602 shares at $5,632,890 in contrast to 525,516 shares at $1,904,595 on Friday with the month to date, averaging 688,614 units at $2,523,532 compared to 633,084 units at $2,346,443 on the previous trading day. February closed with an average of 370,064 units at $1,402,517.
Investor’s Choice bid-offer indicator shows one stock ended with the bid higher than the last selling price and five with lower offers.
At the close, Access Financial declined $1 to end at $19, trading 1,010 shares, CAC 2000 shed 20 cents in closing at $7.50, in swapping 10,688 units, Cargo Handlers rose 15 cents to close at $11.95 after exchanging 1,500 stock units. Caribbean Cream advanced 10 cents to $5.22 after 703 stocks crossed the exchange, Dolphin Cove lost $1.20 in ending at $25.50 after 68,615 stock units were traded, EduFocal fell 23 cents to $3.30 in an exchange of 5,432,988 stocks. Elite Diagnostic dropped 19 cents to close at $2.81 in exchanging 119,389 shares, Express Catering climbed 10 cents after ending at $6.10, with 660,849 units clearing the market, Fontana declined 25 cents to $10 in trading 172,837 units. Future Energy Source gained 18 cents to end at $6.68, with 754,139 stocks changing hands, Jetcon Corporation lost 13 cents in closing at $1.04, with 704,605 shares crossing the market, Lasco Manufacturing rose 75 cents to a 52 weeks’ high of $5.75 in switching ownership of 119,232 stock units. 
Main Event fell 45 cents to end at $8.50 while exchanging 32,291 shares, Paramount Trading popped 27 cents to close at $1.72 after finishing trading 1,801 stocks, Spur Tree Spices rallied 23 cents to $3.89 with 51,227,729 stock units crossing the market. Stationery and Office Supplies advanced 52 cents to $7.55 with an exchange of 2,570 units and tTech increased 17 cents in closing at $4.22 after an exchange of 191 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Record 4,206 close for Junior Market
The Jamaica Stock Exchange Junior Market closed on Friday at a record high, with the market index surging 101.72 points to close at the highest point for the day at record 4,205.78, bettering the previous record of reach on March 4 this year as the market put on 22.7 percent for the year.
A new record high for the JSE Junior Market.
At the opening of the market, there was little sign for a record-breaking day, with the market index up 43.76 points, within just a minute of opening and remained close to this level for the better part of the morning until Express Catering jumped to $6 and Lasco Manufacturing moved up to $5 minutes to midday.
Market activity led to 44 securities trading, up from 40 on Thursday and ended with 21 rising, 15 declining and eight closing unchanged.
The PE Ratio, a measure used to compute appropriate stock values, averages 22.6. The PE ratio of each stock in the chart below is based on ICInsider.com earnings forecast for companies with financial years up to August 2022.
The volume of stocks trading on Friday declined 55 percent to 23,122,693 units, from 51,849,620 on Thursday and the value fell 50 percent from $167,982,544 on Thursday to $83,802,194. At the close, Mailpac Group led trading with 10.18 million shares for 44 percent of total volume, followed by JFP Limited with 2.38 million units for 10.3 percent of the day’s trade, EduFocal chipped in with 1.94 million units for 8.4 percent market share, Lasco Manufacturing accounted for 1.21 million units for 5.2 percent market share and Future Energy Source closed with 1.19 million units for 5.2 percent market share.
Trading averaged 525,516 shares at $1,904,595 in contrast to 1,296,241 shares at $4,199,564 on Thursday, with the month to date, averaging 633,084 units at $2,346,443 compared to 639,741 units at $2,373,786 on the previous trading day. February closed with an average of 370,064 units at $1,402,517.
Investor’s Choice bid-offer indicator shows one stock ended with the bid higher than the last selling price and five with lower offers.
At the close, AMG Packaging lost 20 cents to end at $2.80, with 205,111 shares crossing the market, Blue Power gained 15 cents in ending at $4.15 in an exchange of 18,599 stocks, CAC 2000 rose 15 cents to close at $7.70 after trading 129 stock units. Cargo Handlers advanced 40 cents to $11.80 while exchanging 23,977 units, Caribbean Cream declined 11 cents in closing at $5.12 with an exchange of 454 stock units, Dolphin Cove shed 30 cents in ending at $26.70 in exchanging 115,798 units, EduFocal climbed 16 cents to close at $3.53 in trading 1,942,307 shares, Everything Fresh dropped 18 cents to end at $1.03 with the swapping of 240,557 stocks, Express Catering rallied 76 cents in closing at $6 in exchanging 534,386 units. Fontana popped 24 cents to $10.25, with 87,571 shares changing hands, Future Energy Source increased 20 cents to $6.50, with 1,194,713 stock units crossing the exchange, Honey Bun fell 29 cents to close at $9.70 after exchanging 51,075 stocks. Jamaican Teas fell 16 cents to $3.55 after 756,039 shares changed hands, KLE Group climbed 20 cents to $2.80, with 21,047 units crossing the market, Knutsford Express rallied 55 cents to end at $8, with 8,478 stock units clearing the market. 
Lasco Distributors shed 29 cents in closing at $3.50 in switching ownership of 144,879 stocks, Lasco Manufacturing increased 40 cents to close at $5, trading 1,213,910 units, Mailpac Group advanced 38 cents to end at $3.55 while exchanging 10,175,577 shares. Main Event rose 95 cents to $8.95 in an exchange of 81,747 stocks, Paramount Trading lost 30 cents to $1.45, with 82,760 stock units crossing the exchange, SSL Venture popped 45 cents to end at $1.95 after exchanging 306,349 stocks. Stationery and Office Supplies dropped 50 cents in ending at $7.03 with the swapping of 36,129 shares, Tropical Battery gained 12 cents to $2.47, with 716,915 stock units crossing the market and tTech declined 24 cents to close at $4.05 with an exchange of 5,704 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Nice Junior Market rally
Stocks mostly rose in trading on Thursday on the Jamaica Stock Exchange Junior Market, with the Market Index jumping 40.52 points to 4,104.06 as the volume of stocks traded surged 217 percent more than on Wednesday as the value jumped by 226.00 percent.
A total of 40 securities traded down from 44 on Wednesday, with 21 rising, eight declining and 11 closing unchanged.
The PE Ratio, a measure used in computing appropriate values for stocks, averages 22.2 for the Junior Market. The PE ratio of stocks in the chart below is based on ICInsider.com’s forecasted earnings for companies with financial years to the end of August 2022.
Overall, 51,849,620 shares traded for $167,982,544 compared to 16,377,032 units at $51,552,856 on the Wednesday. Spur Tree Spices led trading with 37.14 million shares accounting for 71.6 percent of total volume, followed by Jetcon Corporation, 3.24 million units for 6.3 percent of the day’s trade, FP Limited with 2.98 million units for 5.7 percent market share. EduFocal chipped in with 2.53 million units for 4.9 percent market share, Future Energy Source traded 1.35 million units for 2.6 percent market share and Tropical Battery ended with 1.22 million units for 2.4 percent market share of the overall volume.
Trading averaged 1,296,241 shares at $4,199,564 in contrast to 372,205 shares at $1,171,656 on Wednesday with the month to date, averaging 639,741 units at $2,373,786 compared to 600,606 units at $2,264,947 on the previous trading day. February closed with an average of 370,064 units at $1,402,517.
Investor’s Choice bid-offer indicator shows one stock ended with the bid higher than the last selling price and two with lower offers.
At the close, Access Financial lost $1 to $20 in switching ownership of 5,271 shares, Blue Power shed 19 cents to end at $4 in exchanging 3,127 stock units, Cargo Handlers rose 80 cents in closing at $11.40 with an exchange of 12,093 units. Caribbean Assurance Brokers gained 16 cents to close at $2.20 with 98,983 stocks changing hands, EduFocal popped 23 cents to $3.37 in exchanging 2,532,213 stocks, Everything Fresh increased 11 cents to $1.21, with 11,031 units changing hands. Future Energy Source advanced 10 cents to close at $6.30 after 1,350,570 stock units crossed the exchange, Jamaican Teas rallied 10 cents to end at $3.71 after exchanging 599,034 shares, Jetcon Corporation climbed 21 cents to $1.11 with the swapping of 3,243,403 stocks. Lasco Distributors popped 24 cents to $3.79, with 13,228 stock units crossing the market, Limners and Bards rallied 10 cents to close at $3.30 after an exchange of 442,861 shares Main Event declined 97 cents to $8, with 84,780 units clearing the market. 
Paramount Trading gained 13 cents in ending at $1.75 after trading 4,859 stock units, Spur Tree Spices advanced 25 cents to $3.60 with 37,136,928 units passing through the exchange, SSL Venture dropped 50 cents to end at $1.50 as 313,121 shares were traded and tTech increased 23 cents in closing at $4.29 after exchanging 207 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market inched higher on Wednesday
Trading activity declined on Wednesday, with the volume of stocks traded falling 41 percent and the value dropping 47 percent behind Tuesday’s trades on the Jamaica Stock Exchange Junior Market leaving the market index just above the close on Tuesday.
Overall, 44 securities trading compared to 45 on Tuesday and ended with 19 rising, 20 declining and five closing unchanged, leaving the Junior Market Index advancing just 6.87 points to settle at 4,063.54, after hitting just over 4,123 points shortly after the market opened.
The PE Ratio, a measure used to compute appropriate stock values, averages 21.8. The PE ratio of each stock in the chart below is based on ICInsider.com earnings forecast for companies with financial years up to August 2022.
Overall, 16,377,032 shares traded for $51,552,856 compared to 27,861,205 units at $97,674,911 on Tuesday. JFP Limited led trading with 4.48 million shares for 27.4 percent of total volume followed by EduFocal, 3.41 million units for 20.8 percent of the day’s trade, Paramount Trading, 1.37 million units for 8.4 percent market share, Lasco Distributors chipped in with 1.01 million units with 6.2 percent market share, Consolidated Bakeries and General Accident each traded 1.0 million units for 6.1 percent market share each.
Trading averaged 372,205 shares at $1,171,656 versus 619,138 shares at $2,170,554 on Tuesday with month to date, averaging 600,606 units at $2,264,947 compared to 616,634 units at $2,341,670 on the previous trading day. February closed with an average of 370,064 units at $1,402,517.
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, AMG Packaging declined 10 cents in ending at $3 after exchanging 159,587 shares, Blue Power rose 18 cents to close at $4.19 in trading 3,153 units, Cargo Handlers shed 95 cents to $10.60, with 5,831 stocks changing hands. strong>Caribbean Cream rallied 51 cents in closing at $5.23 after exchanging 139 stock units, Derrimon Trading climbed 17 cents to end at $2.70 with the swapping of 30,411 stock units, Dolphin Cove gained $1 to close at $27 while exchanging 66,796 stocks. EduFocal lost 13 cents to end at $3.14, with 3,409,042 shares crossing the market, Elite Diagnostic increased 11 cents in ending at $3.02 after 41,526 units changed hands, Everything Fresh dropped 11 cents to $1.10 in exchanging 51,967 stock units. Express Catering rose 20 cents in closing at $5.23 in trading 44,755 units, Fosrich popped 35 cents to $16.35, with 44,152 shares crossing the market, Honey Bun rallied 88 cents to end at $10 trading 20,739 stocks. JFP Limited fell 10 cents to close at $1.25 in an exchange of 4,484,237 units, Knutsford Express fell 55 cents in closing at $7.45 with an exchange of 3,210 stocks, Lasco Manufacturing declined 35 cents to $4.55 in switching ownership of 238,630 shares. 
Limners and Bards dropped 10 cents in closing at $3.20 after 91,413 stock units crossed the exchange, Lumber Depot climbed 13 cents to $3.50 with 133,403 stocks changing hands, Mailpac Group shed 21 cents to end at $3.08 after exchanging 359,901 shares. Spur Tree Spices lost 13 cents in ending at $3.35 after exchanging 244,406 units, Stationery and Office Supplies rose 45 cents to close at $7.49 after trading 16,100 stock units, Tropical Battery popped 17 cents ending at $2.35 in switching ownership of 644,617 shares and tTech increased 16 cents in closing at $4.06 with the swapping of 906 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market bounces back
Trading closed on Tuesday, with the volume of stocks traded declining 43 percent and the value down by 49 percent from Monday at the close of the Jamaica Stock Exchange Junior Market with all 45 securities traded, up from 41 on Monday.
Trading ended with 20 stocks rising, 21 declining and four closing unchanged, leading to the Junior Market Index popping 43.25 points to settle at 4,056.67.
The PE Ratio, a measure used to compute appropriate stock values, averages 21.9. The PE ratio for stocks in the chart below is based on ICInsider.com earnings forecast for companies with financial years up to August 2022.
Overall, 27,861,205 shares traded for $97,674,911 compared to 49,008,399 units at $190,021,639 on the Monday. EduFocal led trading with 14.24 million shares for 51.1 percent of total volume, followed by JFP Limited, 3.07 million units with 11 percent of the day’s trade, Mailpac Group with 58 million units for 5.7 percent market share, Lasco Manufacturing with 1.55 million units for 5.6 percent market share. Lumber Depot with 1.55 million units controlling 5.6 percent market share and Future Energy Source with 1.35 million units for 4.8 percent market share.
Trading averaged 619,138 shares at $2,170,554 in contrast to 1,195,327 shares at $4,634,674 on Monday with the month to date averaging 616,634 units at $2,341,670, compared to 616,440 units at $2,354,900 on the previous day. February closed with an average of 370,064 units at $1,402,517.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Access Financial rose 20 cents to end at $21 after trading 161 shares, AMG Packaging popped 15 cents in closing at $3.10 after exchanging 8,200 units, CAC 2000 lost 34 cents after ending at $7.55, with 1,363 stock units crossing the market. Cargo Handlers increased $3.05 to $11.55 and closed trading with 4,364 stocks, Caribbean Assurance Brokers declined 14 cents to close at $2.10 after 193,028 stocks crossed the market, Caribbean Cream shed 51 cents to end at $4.72 in exchanging 2,676 stock units. Caribbean Flavours gained 10 cents to close at $2.02 with 20,500 units changing hands, EduFocal rallied 12 cents to $3.27 after trading 14,239,618 shares, Fosrich fell 20 cents in closing at $16 in finishing trading with 3,350 shares. Future Energy Source advanced 16 cents to $6.15 in an exchange of 1,350,940 stock units, General Accident dropped 24 cents to $5.91 in exchanging 67,578 units, GWest Corporation declined 10 cents to 94 cents in switching ownership of 15,579 stocks. Iron Rock Insurance climbed 21 cents to $3.41 with the swapping of 96,745 units, ISP Finance shed $2.21 to close at $29.99 with an exchange of 160,889 stocks, Jamaican Teas climbed 12 cents in closing at $3.62 in trading 326,321 shares. 
KLE Group fell 20 cents to $2.65, with 41,960 stock units changing hands, Knutsford Express advanced 15 cents to end at $8 while exchanging 2,271 shares, Lasco Financial rose 22 cents to $3.42 in trading 4,276 stocks. Lasco Manufacturing popped 31 cents in closing at $4.90 while 1,554,527 units crossed the exchange, Limners and Bards gained 10 cents to close at $3.30 after exchanging 60,238 stock units, Lumber Depot lost 13 cents to close at $3.37 with 1,550,143 stock units switching owners. Mailpac Group rose 30 cents to $3.29 after 1,579,531 units changed hands, Main Event dropped 14 cents to $9 while exchanging 441,279 stocks and SSL Venture fell 20 cents to end at $2 after finishing trading of 333,461 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
