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.
Junior Market trading jumps prices drop
Trading jumped sharply by the close of the Jamaica Stock Exchange Junior Market on Monday, with the volume of stocks traded surging 68 percent more than on Friday as the value of stocks trading jumped 131 percent higher than the previous trading day.
Market activity led to 41 securities trading compared to 42 on Friday, with 15 rising, 21 declining and five closing unchanged. At the close, the Junior Market Index fell 38.77 points to settle at 4,013.42.
The PE Ratio, a measure used to compute appropriate stock values, averages 21.8. The PE ratio of each stock in the attacked chart is based on ICInsider.com earnings forecast for companies with financial years up to August 2022.
Overall, 49,008,399 shares traded for $190,021,639 up from 29,255,984 units at $82,401,537 on the Friday. EduFocal led trading with 29.64 million shares and controlled 60.5 percent of total volume after trading at a record high, followed by JFP Limited with 5.42 million units for 11.1 percent of the day’s trade, Future Energy Source contributed 3.98 million units for 8.1 percent market share, iCreate had 1.57 million units changing hands for 3.2 percent market share and Fosrich ended with 1.52 million units for 3.1 percent of the trades.
Trading averaged 1,195,327 shares at $4,634,674 in contrast to 696,571 shares at $1,961,941 on Friday with the month to date, averaging 616,440 units at $2,354,900, up from 572,569 units at $2,182,126 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 three stocks ended with bids higher than their last selling prices and three, with lower offers.
At the close, AMG Packaging dropped 20 cents to close at $2.95 after trading 111,476 shares, Cargo Handlers fell $3 to $8.50, with 4,059 stocks clearing the market, Caribbean Cream rallied 52 cents in closing at $5.23 after switching ownership of 33,000 stock units. Dolphin Cove increased $2 to $26, with 233,348 units crossing the market, Express Catering lost 19 cents to end at $5.06 trading 43,078 stock units, Fosrich shed 65 cents in closing at $16.20 while exchanging 1,519,918 shares. Jamaican Teas rose 13 cents to end at $3.50, with 486,088 stocks changing hands, KLE Group popped 65 cents to $2.85 with the swapping of 20,852 units, Knutsford Express declined 15 cents to close at $7.85 in trading 11,860 stocks. Lasco Distributors fell 22 cents in ending at $3.48 after 47,266 stock units crossed the market, Lasco Financial shed 24 cents in closing at $3.20 with an exchange of 40,868 units, Limners and Bards declined 15 cents to end at $3.20 in exchanging 294,766 shares. 
Lumber Depot dropped 13 cents to $3.50 in an exchange of 909,098 stocks, Main Event gained 81 cents ending at a 52 weeks’ high of $9.14 after an exchange of 460,045 units, Spur Tree Spices lost 14 cents to close at $3.46, with 497,787 shares changing hands. SSL Venture climbed 30 cents to close at $2.20 after exchanging 41,161 stock units, Tropical Battery advanced 16 cents after ending at $2.17 and trading 685,585 stocks and tTech lost 34 cents to end at 3.91 with 55,488 units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market slips on Thursday
Trading closed on Thursday, with the volume of stocks traded rising 18 percent with the value increasing 10 percent higher than on Wednesday at the close of the Jamaica Stock Exchange Junior Market, which ended with the Market Index declining.
Market activity led to 42 securities trading compared to 43 on Wednesday and ended with 18 rising, 17 declining and seven closing unchanged. At the close, the Junior Market Index shed 27.76 points to close at 3,975.71.
The PE Ratio, a measure used to compute appropriate stock values, averages 21. 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, 37,553,313 shares traded for $87,439,082 compared to 31,775,636 units at$ 79,249,482 on Wednesday. JFP Limited led trading with 18.41 million shares for 49 percent of total volume, followed by EduFocal with 9.72 million units for 25.9 percent of the day’s trade. Lumber Depot with 2.28 million units for 6.1 percent market share, Tropical Battery with 1.84 million units for 4.9 percent market share and Caribbean Flavours with 1.28 million units for 3.4 percent market share.
Trading averaged 894,127 shares at $2,081,883 in contrast to 738,968 shares at $1,843,011 on Wednesday and month to date, an average of 562,132 units at $2,200,659, compared to 531,620 units at $2,211,575 previously traded. February closed with an average of 370,064 units at $1,402,517.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Access Financial rallied $2.55 to end at $21, with 1,559 shares crossing the market, Blue Power rose 61 cents to $4 while exchanging 22,039 stocks, CAC 2000 rose 36 cents to close at $7.89 in an exchange of 1,462 units. Cargo Handlers climbed $1.87 after ending at $11.01 in trading 16,540 stock units, Dolphin Cove gained $2.15 in closing at $24.15 after exchanging 27,441 units, EduFocal popped 57 cents to end at a record of $2.32 in trading 9,716,123 shares. Express Catering fell 17 cents to close at $5 with an exchange of 10,295 stock units, Fosrich lost 10 cents in ending at $16.85 with 91,159 stocks changing hands, General Accident increased 25 cents to end at $6.15 with 3,000 shares clearing the market. GWest Corporation dropped 13 cents in closing at 94 cents in exchanging 10,206 stocks, Honey Bun advanced 79 cents to close at $9.71 after trading 23,898 stock units, Jamaican Teas popped 12 cents in closing at $3.60 with 262,059 units changing hands. JFP Limited declined 15 cents to $1.70, with 18,409,007 shares crossing the market, Knutsford Express shed 10 cents to end at $7.90 in switching ownership of 3,290 stocks Lasco Distributors fell 19 cents to end at $3.60 after trading 206,064 units. 
Limners and Bards lost 10 cents to $3.38 with an exchange of 263,888 stock units, Lumber Depot rallied 21 cents to end at $3.45 with the swapping of 2,279,622 stock units, Main Event dropped 90 cents to close at $6 in an exchange of 19,214 units and Paramount Trading rose 13 cents in closing at $1.80 in switching ownership of 1,000 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JFP & EduFocal dominate Junior Market
Trading Newly listed JFP Limited and EduFocal dominated Jamaica Stock Exchange Junior Market on Wednesday and rose to record highs in helping the volume of stocks traded to rise 45 percent more than on Tuesday with a 43 increase in value and were the main reason for the market Index to eke out a modest 8.04 points rose to settle at 4,003.47.
Market activity led to 43 securities trading, similar to Tuesday and ended with 15 rising, 19 declining and nine closing unchanged.
The PE Ratio, a measure used in computing appropriate stock values, averages 20.3. The PE ratios of stocks reported in the chart below are based on ICInsider.com earnings forecast for companies with financial years up to August 2022.
A total of 31,775,636 shares traded for $79,249,482 compared to 21,910,635 units at $55,555,327 on the Tuesday JFP Limited led trading with 20.42 million shares for 64.3 percent of total volume, followed by Lumber Depot with 3.03 million units for 9.5 percent of the day’s trade and EduFocal, 2.15 million units for 6.8 percent market share, while Future Energy Source ended with 1.83 million units changing hands for 5.7 percent market share.
Trading averaged 738,968 shares at $1,843,011 up from 509,550 shares at $1,291,984 on Tuesday, with the month to date, averaging 531,620 units at $2,211,575, compared to 510,084 units at $2,249,855 on the previous day. February closed with an average of 370,064 units at $1,402,517.
Investor’s Choice bid-offer indicator shows eight stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Access Financial rallied 45 cents to $18.45, with 4,443 shares crossing the market, Blue Power dropped 51 cents in closing at $3.39 with an exchange of 629 stocks, Caribbean Cream popped 5 cents to $4.72 with the swapping of 1,802 stock units. Dolphin Cove lost 90 cents to end at $22 after exchanging 23,157 units. EduFocal gained 43 cents to close at a record high of $1.75 after trading 2,154,085 stocks, Elite Diagnostic shed 6 cents ending at $2.97, with 27,678 units clearing the market. Everything Fresh fell 6 cents to close at $1.15 while exchanging 35,264 stock units, Express Catering advanced 29 cents in closing at $5.17 with 3,549 shares changing hands, Fontana fell 6 cents to $9.72 in trading 58,977 stocks. Fosrich declined 5 cents to end at $16.95 after 46,783 shares crossed the exchange, Future Energy Source dropped 27 cents to $6.02, with 1,827,068 units changing hands, General Accident shed 29 cents to $5.90 in switching ownership of 2,163 stock units. 
Indies Pharma popped 5 cents to end at $3.08 after an exchange of 5,797 units, Jamaican Teas increased 31 cents to close at $3.48 after 456,342 stock units changed hands, Jetcon Corporation lost 6 cents in closing at 83 cents trading 5,279 stocks. JFP Limited rose 17 cents to end at $1.85 with 20,417,992 shares crossing the market, Mailpac Group rallied 5 cents to $3.05 with 569,061 units changing hands, Spur Tree Spices fell 10 cents in closing at $3.70 in an exchange of 863,248 stocks and Tropical Battery dropped 5 cents to $2.13 trading 672,301 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
New listings enjoy big price bounce
In trading on the Jamaica Stock Exchange Junior Market on Tuesday, newly listed EduFocal moved from its IPO price of $1 to close at $1.32 on the first day of trading, while JFP Limited continued from its opening price on Monday to $1.68 at the close on Tuesday and helped maintained the volume of stocks and the value traded moderately above that on Monday.
Market activity led to 43 securities trading compared to 42 on Monday and ended with 14 rising, 18 declining and 11 closing unchanged.At the close, the Junior Market Index shed 38.05 points to settle at 3,995.43.
The PE Ratio, the most used measure to compute stock values, averages 19.9. The PE ratios in the chart below are based on ICInsider.com earnings forecast for companies with financial years to August 2022.
Overall, 21,910,635 shares traded for $55,555,327 versus 19,487,231 units at $50,742,595 on the Monday. JFP Limited led trading with 13.15 million shares for 60 percent of total volume followed by Lumber Depot with 2.77 million units for 12.6 percent of the day’s trade, Jamaican Teas ended with 2.22 million units for 10.1 percent market share and Future Energy Source ended with 1.44 million units changing hands for 6.6 percent market share.
Trading averaged 509,550 shares at $1,291,984 compared to 463,982 shares at $1,208,157 on Monday and month to date, averaging 510,084 units at $2,249,855, compared to 510,146 units at $2,360,875 on the prior day. February closed with an average of 370,064 units at $1,402,517.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Access Financial dropped $1.51 in closing at $18 after 51,516 shares changed hands, AMG Packaging rose 20 cents to $3.20 while exchanging 3,180 stocks, Cargo Handlers fell $1.50 to end at $9.10, trading 12,219 stock units. Dolphin Cove declined $1.10 to close at $22.90, with 24,692 units crossing the market, EduFocal increased 32 cents to $1.32, with 9,662 shares clearing the market, Everything Fresh popped 11 cents to $1.21, with 366 stocks crossing the market. Express Catering lost 29 cents in closing at $4.88 in exchanging 4,100 units, Fontana advanced 27 cents to close at $9.78, with 14,711 stock units changing hands, Fosrich shed 48 cents to end at $17 with 10,057 units crossing the exchange. 
Honey Bun fell 20 cents to end at $8.90 after exchanging 2,447 stocks, Jamaican Teas dropped 33 cents to close at $3.17 with an exchange of 2,220,989 shares, JFP Limited rallied 37 cents in closing at $1.68 after exchanging 13,153,656 stock units. Lasco Distributors bounced 24 cents to $3.79 in switching ownership of 95,474 units, Lasco Financial declined 10 cents to $3.45 in an exchange of 12,500 shares, Lasco Manufacturing lost 17 cents to end at $4.33 trading 95,149 stock units. Lumber Depot shed 66 cents to close at $3.28 in trading 2,771,346 stocks, Main Event fell 20 cents to $6.90 with the swapping of 21,457 stocks and Paramount Trading shed 12 cents to $1.70 with 30,147 stock units. Changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market making spirited recovery
The Jamaica Stock Exchange Junior Market made more recovery from the near 300 points loss up to Wednesday as it closed on Friday, with the Market Index jumping 90.51 points to 4,031.89 after picking up 70 points on Thursday as the volume of stocks traded declining 63 percent and the value dropped 52 percent than Thursday.
At the close 40 securities traded compared to 42 on Thursday ended with 18 rising, 14 declining and eight closing unchanged.
The PE Ratio, a measure used to compute appropriate stock values, averages 19. The PE ratio of stocks in the chart below is computed based on the ICInsider.com earnings forecast for companies with financial years up to August 2022.
Overall, 9,481,171 shares traded for $48,828,789 compared to 25,403,714 units at $100,810,194 on the Thursday Future Energy Source led trading with 4.74 million shares for 50 percent of total volume followed by Spur Tree Spices with 940,637 units for 9.9 percent of the day’s trade and Jamaican Teas with 845,015 units for 8.9 percent market share.
Trading averaged 237,029 shares at $1,220,720 in contrast to 604,850 shares at $2,400,243 on Thursday and month to date, averaging 516,040 units at $2,508,031, compared to 554,657 units at $2,686,206 on the previous 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 four stocks with lower offers.
At the close, AMG Packaging popped 14 cents in closing at $3.20, with 68,829 shares clearing the market, CAC 2000 fell 37 cents to end at $7.53 while exchanging 47,545 stock units, Cargo Handlers declined 10 cents to close at $12 with an exchange of 3,805 units. Caribbean Cream climbed 43 cents after ending at $5.20 in trading 887 stocks, Derrimon Trading gained 18 cents to $2.70 in exchanging 210,647 stocks, Dolphin Cove increased $1.14 to $24.14, with 29,367 shares crossing the exchange. Fontana lost 20 cents in closing at $9.80, with 50,347 stock units changing hands, Fosrich advanced 51 cents to end at $16.51 after exchanging 16,473 units, General Accident dropped 29 cents to close at $5.91 after finishing trading of 22,175 units. Honey Bun rallied 33 cents to $9.23 in an exchange of 9,467 shares, Indies Pharma rose 10 cents to $3.10 in trading 3,629 stocks, Knutsford Express climbed 10 cents in closing at $8, with an exchange of 15,855 stock units. 
Lasco Distributors advanced 12 cents to close at $3.60 after exchanging 1,002 units, Lasco Manufacturing gained 32 cents in ending at $4.65, with 336,334 shares crossing the market, Lumber Depot increased 10 cents to end at $4 with the swapping of 321,125 stock units and Mailpac Group shed 12 cents in ending at $2.92 trading 281,628 stocks.
In the preference segment, CAC 2000 9.5% preference share popped 10 cents to end at $1.07 in switching ownership of 975 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market claws some recent losses
Trading on the Junior Market surged on Thursday, with the market Index jumping 70.26 points to 3,941.38 at the close almost wiping out the 76 percent loss on Wednesday as the volume of stocks traded jumped 64 percent above Wednesday’s level, with 59 percent more funds entering the market than the prior day.
A total of 42 securities traded on Thursday versus 40 on Wednesday and ended with 25 rising, 13 declining and four closing unchanged.
The PE Ratio, a measure used in computing stock values, averages 18.9. 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, 25,403,714 shares traded for $100,810,194 compared to 15,506,157 units at $63,400,100 on the Wednesday. Future Energy Source led trading with 6.15 million shares for 24.2 percent of total volume, followed by Indies Pharma with 5.05 million units for 19.9 percent of the day’s trade and Tropical Battery with 3.27 million units for 12.9 percent market share, Lumber Depot with 2.22 million units for 8.7 percent market share, 
Spur Tree Spices traded 1.95 million units for 7.7 percent market share and Blue Power exchanged 1.45 million units for 5.7 percent market share.
Trading on Thursday averaged 604,850 shares at $2,400,243 up from 387,654 shares at $1,585,002 on Wednesday, with month to date, averaging 554,657 units at $2,686,206, versus 546,122 units at $2,734,831 on the preceding 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 three stocks with lower offers.
At the close, Access Financial rallied $1.55 to $21.25 with an exchange of 263 shares, AMG Packaging dropped 12 cents to end at $3.06, with 13,172 stock units clearing the market, Cargo Handlers rose $2.17 in closing at a 52 weeks’ high of $12.10 after trading 26,969 units. Dolphin Cove lost 50 cents to close at $23, with 105,931 stocks changing hands, Express Catering gained 12 cents in ending at $5.27 after exchanging 141,019 stock units, Fontana climbed 20 cents in closing at $10 after 156,915 stocks changed hands. Fosrich advanced $1 to close at $16 with the swapping of 114,600 shares, Future Energy Source increased $1.13 to $6.41, with 6,153,347 units crossing the market, General Accident popped 10 cents to end at $6.20 trading 20 stock units. 
Honey Bun rallied 14 cents to $8.90 in trading 14,224 units,Indies Pharma shed 18 cents in closing at $3 in switching ownership of 5,049,965 stocks, Iron Rock Insurance rose 21 cents to close at $3.31 after 290 shares crossed the exchange. ISP Finance gained $1.34 to end at $26.34 after exchanging 200 shares, Jamaican Teas declined 19 cents to end at $3.50 while exchanging 211,656 stock units, Knutsford Express fell 10 cents to $7.90 after trading 9,694 stocks. Limners and Bards fell 14 cents to $3.44 after 10,795 units crossed the market, Main Event advanced 10 cents to $7.20 in an exchange of 107,369 stocks and tTech climbed 24 cents after ending at $4.25 with the swapping of 241 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market drops 298 points in 3 days
The Jamaica Stock Exchange Junior Market suffered a third day of a big drop in the market index after shedding 76.00 points to 3,871.12 following a 221.54 points fall on the previous two days and pulling the gains for the year to date from 21.5 percent on Friday to 15.1 percent up to the close on Wednesday, with the value and volume of stocks traded just slightly less than on Tuesday.
Forty securities traded on Wednesday against 41 on Tuesday and ended with 19 rising, 13 declining and eight closed unchanged.
The PE Ratio, a measure used to compute appropriate stock values, averages 18.3. 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 15,506,157 shares traded valued at $63,400,100 compared to 17,265,483 units at $71,846,641 on the Tuesday. Future Energy Source led trading with 3.64 million shares for 23.5 percent of the total volume followed by Tropical Battery with 3.48 million units for 22.5 percent of the day’s trade, Spur Tree Spices with 2.94 million units for 19 percent market share and Lumber Depot ended with 1.72 million units changing hands and accounting for 11.1 percent market share.
Trading averaged 387,654 shares at $1,585,002 compared to 421,109 units at $1,752,357 on Tuesday and month to date, an average of 546,122 units at $2,734,831, versus 576,744 units at $2,957,020, previously. February ended 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, Access Financial fell $1.55 in closing at $19.70, with 77,354 shares crossing the market, AMG Packaging popped 10 cents to $3.18 after an exchange of 744 stock units, Cargo Handlers gained 83 cents to close at 52 weeks’ closing high of $9.93 while exchanging 36,059 units but traded at an intraday high of $10.72. Caribbean Assurance Brokers rallied 13 cents to $2.30 with the swapping of 12,177 stocks, Caribbean Cream increased 15 cents to $4.82, with 3,600 stocks changing hands, Dolphin Cove rose $1.15 to $23.50, with 183,677 shares crossing the market. Everything Fresh popped 15 cents to end at $1.15 after exchanging 19,852 units, Express Catering advanced 10 cents in ending at $5.15 after trading 74,680 stock units, Fontana rose 18 cents to close at $9.80 with an exchange of 142,369 stock units. Future Energy Source dropped 22 cents in closing at $5.28 trading 3,637,389 shares, ISP Finance plunged $5 to close at $25 in an exchange of 634 units, Jamaican Teas advanced 13 cents in closing at $3.69 after trading 479,945 stocks. KLE Group shed 51 cents to end at $2.25, with 6,000 stock units clearing the market, Knutsford Express rallied 10 cents to $8 with an exchange of 10,000 shares, Lasco Distributors increased 12 cents to $3.50 in switching ownership of 5,100 stocks. 
Main Event gained 39 cents to close at $7.10 in trading 143,281 units, Paramount Trading climbed 21 cents to $1.82 in exchanging 6,010 shares, Spur Tree Spices lost 19 cents to end at $3.98 in exchanging 2,940,031 stock units. Tropical Battery popped 19 cents in ending at $2.19 with 3,483,706 stocks changing hands and tTech dropped 24 cents in closing at $4.01 with 1,870 units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Big pullback for Junior Market
The Jamaica Stock Exchange Junior Market just a day after surging to a record high of 4,185.95 points during Friday’s trading, closed sharply down on Monday, with the Market Index falling 129.55 points to close at 4,038.61 after the volume of stocks trading jumped 57 percent more than in trading Friday with a 47.00 percent spike in the value and shares in Future Energy dropping $1.68.
All 43 securities traded up from 40 on Friday and ended with 21 rising, 20 declining and two, closing unchanged as three stocks closed at 52 weeks’ high.
The PE Ratio, a measure used to compute appropriate stock values, averages 19. 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, 23,386,245 shares traded amounting to $113,928,631 up from 14,875,591 units at $77,333,392 on Friday. Future Energy Source led trading with 9.12 million shares for 39 percent of total volume followed by Tropical Battery with 4.64 million units for 19.8 percent of the day’s trade, Lumber Depot had 2.74 million units trading and accounting for 11.7 percent market share and Spur Tree Spices traded 1.58 million units with 6.8 percent market share.
Trading averaged 543,866 shares at $2,649,503 in contrast to 371,890 shares at $1,933,335 on Friday and month to date, an average of 615,184 units at $3,254,557, compared to 640,116 units at $3,466,080 on the preceding 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 prices and two with lower offers.
At the close, Access Financial increased $1.25 in closing at $21.25 in exchanging 11 shares, Blue Power fell 10 cents to $3.90 after an exchange of 63,826 units, as low as $3, Cargo Handlers shed 21 cents to end at $8.78 with an exchange of 13,927 stock units. Derrimon Trading dropped 11 cents to close at $2.89 after 721,757 stocks crossed the market, Dolphin Cove declined $1.30 to $24.50 after exchanging 145,290 units, Everything Fresh lost 10 cents to end at $1.05, with 29,078 stock units crossing the market. Fontana fell $1.50 to close at $9.88 in trading 388,845 stocks, Fosrich popped $2.69 to end at a 52 weeks’ high of $17.10 after an exchange of 136,791 shares, Future Energy Source dropped $1.68 in closing at $6.50 trading 9,123,499 stocks, but still trades at a high PE ratio of 65 times this year’s earnings. General Accident rallied 31 cents to $6.20 in switching ownership of 47,213 stock units, Iron Rock Insurance rose 30 cents to $3.41, with 69 units changing hands, ISP Finance advanced $2.10 to $30 in an exchange of 8 shares. Knutsford Express gained 10 cents after ending at $8, with 2,284 stocks crossing the exchange, Lasco Financial climbed 19 cents in closing at $3.49 as 6,315 units changed hands, Lasco Manufacturing shed 10 cents to close at $4.45, with 118,398 stock units clearing the market. 
Limners and Bards increased 10 cents in closing at $3.70 with the swapping of 185,217 shares, Mailpac Group climbed 14 cents to close at $2.85 while exchanging 589,885 units, Main Event lost 40 cents to end at $7.20 as 75,519 shares crossed the market. Spur Tree Spices rallied 15 cents ending at a record close of $4.15 after 1,579,958 stock units crossed the market, Stationery and Office Supplies advanced 35 cents to $7.35 in exchanging 3,234 stocks and Tropical Battery popped 11 cents in closing at a record closing high of $2.41 in trading 4,635,278 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market record close of 4,168 points
Six Junior Market stocks traded at record highs on Friday helping to push the market Index up 95.60 points to a record close of 4,168.16, with the volume of stocks traded rising just 24 percent and the value jumping 43 percent higher than the close on Thursday and pushed the gains for the year to date to 21.8 percent.
New record high for the JSE Junior Market.
Market activity led to 40 securities trading, similar to Thursday and ended with 22 rising, 15 declining and three, closing unchanged. Stocks trading at 52 weeks’ highs are Future Energy Source, Derrimon Trading, Main Event, Lumber Depot, Spur Tree Spices and Tropical Battery but Mailpac ended at 52 weeks’ low.
The PE Ratio, a measure used to compute appropriate stock values, averages 19.2, 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, 14,875,591 shares traded for $77,333,392 compared to 12,011,698 units at $54,018,344 on the Thursday Future Energy Source led trading with 4.7 million shares for 31.6 percent of total volume followed by Derrimon Trading with 1.9 million units for 12.8 percent of the day’s trade, Tropical Battery with 1.72 million units for 11.6 percent market share and Lumber Depot ended with 1.48 million units changing hands for 9.9 percent market share.
Trading averaged 371,890 shares at $1,933,335 in contrast to 300,292 shares at $1,350,459 on Thursday with the month to date, averaging 640,116 units at $3,466,080, compared to 769,381 units at $4,204,753 on the previous day. February trading averaged 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 stocks with lower offers.
At the close, Access Financial shed 75 cents to close at $20 after trading 4,551 shares, AMG Packaging dropped 20 cents to end at $3.14, with 18,217 units changing hands, Blue Power rallied 31 cents in ending at $4 after 79,003 stock units cleared the market. Cargo Handlers increased 20 cents in closing at $8.99 trading 10,115 stocks, Dolphin Cove lost $2.18 to end at $25.80 in an exchange of 60,143 shares, Everything Fresh popped 10 cents to end at $1.15 in trading 245,162 stock units. Fontana advanced 48 cents in closing at $11.38, with 142,573 units crossing the exchange, Fosrich gained 11 cents to $14.41 after exchanging 530,796 stocks, Future Energy Source rose 99 cents to end at record closing high of $8.18 with 4,704,462 units changing owners. iCreate climbed 12 cents to close at 82 cents in switching ownership of 195,456 stock units, Iron Rock Insurance declined 30 cents to close at $3.11, with 316 shares crossing the market, Jamaican Teas fell 10 cents in closing at $3.42 with the swapping of 422,770 stocks. KLE Group rallied 14 cents to $2.82 while exchanging 40,051 stock units, Lasco Manufacturing rose 20 cents to $4.55, with 33,728 units crossing the market, Limners and Bards gained 10 cents to end at $3.60 after an exchange of 277,430 shares. 
Lumber Depot advanced 37 cents to close at a record high of $4.17 in exchanging 1,476,797 stocks, Mailpac Group shed 24 cents to close at a 52 weeks’ low of $2.71 with an exchange of 853,499 shares, Main Event climbed 13 cents to end at a 52 weeks’ high of $7.60 trading 43,297 stock units. Medical Disposables dropped 35 cents after ending at $6.30 in an exchange of 58,873 stocks, Paramount Trading fell 23 cents in closing at $1.67 with 4,961 units changing hands, Spur Tree Spices popped 65 cents to end at a record $4 after exchanging 768,023 shares. SSL Venture increased 40 cents in closing at $1.80, with just 10 stock units crossing the market, Stationery and Office Supplies declined 35 cents to $7 after trading 5,898 stock units and Tropical Battery advanced 31 cents to close at a 52 week’s high of $2.30 in trading 1,719,238 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
