Trading dropped and the Junior Market of the Jamaica Stock Exchange pulled back on Thursday, with the volume of stocks traded declining 16 percent and the value 18 percent from Wednesday outturn, with 46 securities trading compared with 43 on Wednesday, with prices of 16 stocks rising, 22 declining and eight closing unchanged.
Investors traded 9,723,498 shares for $23,066,193 compared to 11,588,780 units at $28,016,741 on Wednesday.
Trading averaged 211,380 shares at $501,439, down from 269,507 shares at $651,552 on Wednesday, with a month to date average of 200,679 units at $533,422 compared with 199,552 stock units at $536,788 on the previous day. May ended with an average of 239,954 units at $648,811.
KLE Group led trading with 3.31 million shares for 34 percent of total volume, followed by Fosrich with 2.06 million units for 21.2 percent of the day’s trade and Future Energy Source with 479,757 units for 4.9 percent market share.
At the close, the Junior Market Index declined 23.99 points to 3,842.97.
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 ended with bids higher than their last selling prices and two with lower offers.
At the close, AMG Packaging dipped 15 cents in closing at $2.30 after a transfer of 25,113 shares, Blue Power advanced 45 cents to $2.65 in an exchange of 13,770 stocks, CAC 2000 declined 45 cents to $6.64 after stakeholders traded 11 units. Caribbean Flavours dropped 15 cents to $1.25 with a transfer of 1,860 stock units, Consolidated Bakeries popped 12 cents to $2.42 after an exchange of 156,000 stocks, Dolphin Cove shed 93 cents to end at $15 while exchanging 18,276 stock units. Elite Diagnostic lost 16 cents in closing at a 52 weeks’ low of $2.04, with 7,552 shares crossing the exchange, Express Catering rose 12 cents to close at $5, with an exchange of 22,988 units, Fontana rallied 15 cents to $9.75, with 95,969 stock units changing hands.
Fosrich increased 25 cents to close at $2.40 with stakeholders trading 2,062,959 units, Future Energy Source climbed 11 cents and ended at $4 with shareholders swapping 479,757 shares after the stock traded at an intraday 52 weeks’ low of $3.75. General Accident 23 cents to end at $5 in switching ownership of 4,500 stocks, iCreate dipped 11 cents to $1.17 with an exchange of 20,000 units. ISP Finance declined 45 cents to close at $26 after 5,727 shares changed hands, KLE Group fell 17 cents in closing at $1.60 in an exchange of 3,309,710 stocks, Knutsford Express dropped 45 cents in closing at $11.05 in trading 4,536 stock units. Lasco Manufacturing gained 14 cents to close at $4.49 after exchanging 50,745 stocks, Regency Petroleum lost 10 cents to end at $2.81, with 126,729 stock units crossing the market, 
Stationery and Office Supplies shed $2.04 to $21.96 after 5,291 units passed through the market and tTech fell 20 cents to $2.30 as investors exchanged 163 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Investors traded 6,594,218 shares for $17,769,680 compared with 9,341,590 units at $20,596,072 on Monday.
The PE Ratio, a measure of computing appropriate stock values, averages 10.5. The PE ratios of Junior Market stocks are computed using the last traded price in conjunction with ICInsider.com’s projected earnings for the financial years ending between November 2023 and August 2024.
Consolidated Bakeries rose 17 cents to close at $2.40, 2,756 shares crossing the market. Dolphin Cove popped 47 cents to end at $15.72 as investors exchanged 2,039 stocks, Elite Diagnostic dipped 19 cents to $2.20 with investors transferring 21,085 stock units, Express Catering fell 10 cents and ended at $4.88 after an exchange of 28,333 stock units. Fontana gained 25 cents in closing at $9.78, with 66,824 shares clearing the market, Future Energy Source shed 8 cents and ended at $3.93 while exchanging 114,480 units, General Accident rallied 55 cents to end at $5.30, with 20,029 stocks crossing the exchange. Honey Bun declined 44 cents in closing at $6.51 after shareholders ended trading 1,937 stocks, Jamaican Teas increased 9 cents to close at $2.17 with a transfer of 500 stock units, 
KLE Group rallied 16 cents to $1.77 after a transfer of 6,296 units. Lasco Manufacturing rose 20 cents to end at $4.48 in trading 100 shares, Main Event gained 25 cents in closing at $14.90 as 29,817 units passed through the market and MFS Capital Partners lost 10 cents in closing at $3 in switching ownership of 422,182 stocks.
Trading closed with the volume and value of stocks traded declining 40 percent and 37 percent respectively, compared to Friday, following trading in 47 securities compared with 41 on Friday and ended with 13 rising, 27 declining and seven unchanged.
At the close, Access Financial increased $2.68 to $25 after an exchange of 35 shares, AMG Packaging fell 9 cents in closing at $2.58 after 1,806 stocks were traded, CAC2000 shed $1.09 to close at $6, with 36 units crossing the market, Cargo Handlers declined $3.59 to end at $15.61 as investors exchanged 65 stock units. Caribbean Cream rallied 74 cents to $3.94 after a transfer of 9,525 stocks, Caribbean Flavours gained 12 cents in ending at $1.36 after an exchange of 1,408 shares, Consolidated Bakeries fell 17 cents to $2.23 in switching ownership of 807 stock units, Dolla Financial fell 10 cents to $2.54 with a transfer of 565,488 units. Dolphin Cove dropped 69 cents in closing at $15.25 after an exchange of 4,653 stocks, Elite Diagnostic advanced 19 cents to close at $2.39 after 156 shares passed through the market, Everything Fresh fell 18 cents to close at $1.51 after 45,914 units crossed the market, Express Catering rose 8 cents to $4.98, with 17,892 stock units changing hands. 
Fontana dipped 17 cents in closing at $9.53 in an exchange of 145,680 stock units, Future Energy Source lost 11 cents to end at $4.01, with 203,561 stocks crossing the exchange, General Accident shed 53 cents and ended at $4.75 in trading 10 shares, iCreate climbed 31 cents to $1.26 in an exchange of 133,986 units. Jamaican Teas declined 14 cents to $2.08 while exchanging 25,550 shares, JFP Ltd dipped 10 cents to end at $1.65 with 519 units clearing the market, KLE Group lost 19 cents and ended at $1.61 with investors trading 50 stocks, Lasco Distributors dropped 16 cents to close at $3.15 after an exchange of 30,878 stock units. Lasco Manufacturing shed 20 cents and ended at $4.28 with shareholders swapping 479 shares, Limners and Bards declined 14 cents in closing at $2.21 with shareholders swapping 6,324 stocks, 
Main Event dipped 15 cents to close at $14.65, with 12,853 stock units crossing the exchange after hitting a 52 weeks’ intraday high of $14.89. Medical Disposables fell 30 cents to end at $4.20 after 3,389 units changed hands, Stationery and Office Supplies popped $5.01 to close at a 52 weeks’ high of $21 with 2,252 stocks clearing the market and tTech climbed 67 cents to end at $2.90, with 89,040 shares crossing the market.
Investors traded 6,422,074 shares for $16,407,108, up from 4,624,570 units at $10,856,038 on Wednesday.
Investor’s Choice bid-offer indicator shows nine stocks ended with bids higher than their last selling prices and three with lower offers.
Fosrich climbed 8 cents in closing at $2.23 in switching ownership of 1,798,858 stocks, Future Energy Source fell 8 cents and ended at $4.04 with investors transferring 470,127 stock units after trading at an intraday low of $3.90, iCreate dropped 8 cents to end at $1.22 in an exchange of 39,848 units. KLE Group rallied 15 cents to close at $1.80 with shareholders swapping 23,405 shares, Knutsford Express gained 24 cents in closing at $11.78, with 80 units crossing the exchange, Lasco Distributors lost 38 cents in closing at $3.02 after trading ended with 68,439 stock units changing hands. Lasco Manufacturing dipped 23 cents to close at $4.25 while exchanging 820 stocks, Mailpac Group shed 9 cents in closing at $1.86, with 150,533 units crossing the market, Main Event rallied 20 cents to end at $14.50 and closed after 25,948 shares were exchanged,
Medical Disposables declined 35 cents to $4.50, with 8 stock units clearing the market and Regency Petroleum dropped 10 cents and ended at $2.88 as investors exchanged 371,035 stocks.
Investors traded 4,624,570 shares for $10,856,038 compared with 5,101,812 units at $15,733,543 on Tuesday.
The PE Ratio, a measure of computing appropriate stock values, averages 10.4. The PE ratios of Junior Market stocks are computed using the last traded price in conjunction with ICInsider.com’s projected earnings for the financial years ending between November 2023 and August 2024.
Caribbean Flavours rose 10 cents and ended at $1.36 in trading 202,848 units, Dolla Financial advanced 8 cents to end at $2.70 in an exchange of 609,509 shares, Dolphin Cove dipped 82 cents and ended at $15.16 with shareholders swapping 22,245 stock units, Elite Diagnostic declined 21 cents in closing at $2.19, with 22,858 stocks changing hands. Everything Fresh lost 9 cents to $1.69 clearing the market with 56,968 units, Express Catering dropped 10 cents to close at $4.89 after a transfer of 6,742 shares, Future Energy Source rallied 8 cents in closing at $4.12 after exchanging 107,745 stock units, General Accident lost 54 cents to close at $4.51 after an exchange of 1,571 stocks. Indies Pharma shed 19 cents to end at $3.11 with the swapping of 15,321 stocks, Lasco Distributors gained 10 cents and ended at $3.40 while exchanging 177,266 shares, Lasco Manufacturing increased 23 cents to $4.48, with 29,284 stock units crossing the market. Limners and Bards dipped 19 cents and ended at $2.20 as investors exchanged 165,470 units, 
Lumber Depot declined 9 cents to close at $2.20 in switching ownership of 62,243 shares, Mailpac Group climbed 10 cents to $1.95 with investors transferring 7,489 stocks. Main Event advanced 30 cents in closing at $14.30, with 2,875 stock units crossing the market and Paramount Trading fell 9 cents to end at $2.10 after closing with an exchange of 61,886 units.
Investors traded 5,101,812 shares for $15,733,543 compared to 10,566,673 units at $45,598,816 on Monday.
ICInsider.com’s projected earnings for the financial years ending between November 2023 and August 2024.
Indies Pharma gained 24 cents in closing at $3.30 after investors traded 12,528 units, Iron Rock Insurance rose 35 cents to 2.35 in switching ownership of 500 stocks, ISP Finance lost $5.49 to end at $21 after an exchange of 2,212 shares, KLE Group shed 28 cents and ended at $1.65 as investors exchanged 2,208 units, Knutsford Express fell 28 cents to $11.50 in an exchange of 49 stock units, Lasco Distributors advanced 30 cents to close at $3.30 with 1,076,231 stock units changing hands, Mailpac Group lost 10 cents in closing at $1.85 after 164,015 stocks were exchanged, Main Event shed 69 cents to close at $14 with investors transferring 64,505 shares, Medical Disposables climbed 67 cents in closing at $4.85 with shareholders swapping 500 units, Paramount Trading rose 9 cents to $2.19 after an exchange of 2,663 stocks, Regency Petroleum rallied 8 cents to close at $2.98 while exchanging 83,796 shares, 
Stationery and Office Supplies dipped $1.01 to end at $15.99 in trading 9,503 stock units and Tropical Battery rose 18 cents and ended at $2.07 with an exchange of 149,371 units.
Investors traded 10,566,673 shares for $45,598,816, up sharply from 5,098,602 units at $13,005,135 on Friday.
The PE Ratio, a measure of computing appropriate stock values, averages 10.5. The PE ratios of Junior Market stocks are computed using the last traded price in conjunction with ICInsider.com’s projected earnings for the financial years ending between November 2023 and August 2024.
Elite Diagnostic gained 27 cents ended at $2.40, with 20,385 stocks crossing the market. Fontana rose 15 cents to close at $9.75 after 75,641 shares crossed the exchange, General Accident dipped 53 cents in closing at $4.47 in switching ownership of 1,000 units, Indies Pharma shed 34 cents to end at $3.06 10,893 shares clearing the market with, Iron Rock Insurance fell 10 cents to end at $2 in an exchange of 3,932 stock units. Knutsford Express increased 78 cents to close at $11.78 in exchanging 40,290 stocks, Lasco Distributors advanced 23 cents and ended at $3 with investors trading 70,083 stock units, Lasco Financial lost 12 cents to close at $2.34 after an exchange of 103,131 shares, Limners and Bards climbed 17 cents in closing at $2.39 with trading in 4,003 stocks. Lumber Depot increased 8 cents to $2.29, with 15,933 units changing hands, Main Event rose 39 cents to end at $14.69 in an exchange of 6,410 units, Regency Petroleum shed 8 cents to close at $2.90 with a transfer of 124,924 shares. 
Stationery and Office Supplies jumped $1.50 to $17 as investors exchanged 1,505,819 stock units and left just 1,880 units on offer between $17.96 and $18.75, with the next amount offered for sale being 42,277 shares at $34.97, all that could change on Tuesday when the wider investing public is updated on developments in trading on Monday. Tropical Battery dropped 11 cents in closing at $1.89 after trading 112,891 stocks and tTech advanced 29 cents to $2.49 after just one share crossed the market.
Investors traded 5,098,602 shares for $13,005,135 versus 12,402,210 units at $34,083,670 on Thursday.
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.
Elite Diagnostic declined 27 cents to $2.13 and closed after investors traded 19,300 stocks, Honey Bun rose 22 cents to $6.89, with 35,292 units crossing the market, Indies Pharma popped 16 cents to end at $3.40 in an exchange of 30,139 shares. Iron Rock Insurance dipped 38 cents in closing at $2.10, with 31,913 units crossing the exchange, Jamaican Teas rallied 15 cents to close at $2.34 with an exchange of 78,210 stock units, KLE Group advanced 43 cents to close at $1.95 in exchange of one share, Knutsford Express fell 55 cents and ended at $11 after an exchange of 1,572 stocks. Lasco Distributors shed 13 cents to $2.77 in trading 25,745 units, Medical Disposables declined 60 cents in closing at $4.18, with 4,101 shares changing hands, Regency Petroleum popped 13 cents to end at $2.98, with 121,078 stocks clearing the market. 
Spur Tree Spices increased 9 cents to $2.42 in switching ownership of 119,299 stock units, Stationery and Office Supplies lost 27 cents to close at $15.50 after a transfer of 97 shares and tTech shed 26 cents and ended at $2.20 with investors transferring 2,750 stock units.
A total of 12,402,210 shares were traded for $34,083,670, down from 17,037,616 units at $59,386,219 on Wednesday.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and one with a lower offer.
Honey Bun dropped 13 cents to close at $6.67 with 5,014 units changing hands, iCreate dipped 11 cents to $1.20 after 260,961 stocks were traded, Image Plus Consultants shed 8 cents in closing at $2 as investors exchanged 904,162 stocks, Indies Pharma dropped 21 cents in closing at $3.24 with invetors swapping 53,927 shares, ISP Finance rose $1.10 to $26.50 with investors transferring 23,087 units, JFP Ltd declined 14 cents to end at $1.64 in an exchange of 876,924 shares, Knutsford Express dipped 23 cents to close at $11.55 with 34 stocks clearing the market, Lasco Financial advanced 11 cents and ended at $2.46 after an exchange of 1,660 stock units, Limners and Bards fell 25 cents to end at $2.23 with a transfer of 12,976 units, Lumber Depot lost 9 cents to close at $2.21 in switching ownership of 22,980 stock units, Mailpac Group fell 12 cents to $1.85 after a transfer of 586,278 units, Medical Disposables increased 64 cents in closing at $4.78 with 1,642 shares crossing the market,
Paramount Trading declined 9 cents to $2.09 after investors traded 428 stocks, Regency Petroleum dipped 10 cents to end at $2.85 as 136,537 stock units passed through the market and Spur Tree Spices dropped 27 cents in closing at a 52 weeks’ low of $2.33 after an exchange of 1,642,325 shares.
Investors traded 17,037,616 shares for $59,386,219 up from 9,615,167 units at $25,289,603 on Tuesday.
The PE Ratio, a measure used to compute appropriate stock values, averages 11. The PE ratios of Junior Market stocks are based on last traded price in conjunction with ICInsider.com’s projected earnings for the financial years ending between November 2023 and August 2024.
Express Catering dropped 16 cents to close at $4.88 with an exchange of 12,665 stocks. Fontana advanced 12 cents to $9.52 with investors exchanging 386,065 stock units, Fosrich lost 11 cents to close at $2.29, with 2,892,733 stocks crossing the market, Future Energy Source climbed 23 cents to $4.15 with an exchange of 5,021,509 shares, Honey Bun rose 17 cents to $6.80 with 13,402 units clearing the market. Indies Pharma popped 15 cents to close at $3.45 in trading 1,851,361 units, Iron Rock Insurance gained 32 cents to end at $2.48 with 200 stocks changing hands, ISP Finance climbed $1.42 to $25.40 as investors exchanged 45,182 stock units, KLE Group dipped 11 cents in closing at $1.51 in switching ownership of 31 shares. Knutsford Express popped 26 cents to close at $11.78 in an exchange of 293,186 shares, Lasco Distributors lost 14 cents at $2.95 in an exchange of 60,245 units, Lasco Manufacturing rose 10 cents to $4.25 after 390 stock units passed through the market, Limners and Bards increased 18 cents to $2.48 with a transfer of 122,433 stocks.
Main Event dropped 40 cents in closing at $14.25 with investors transferring 4,584 stocks, Paramount Trading rallied 9 cents to $2.18, with 22,936 stock units clearing the market, Regency Petroleum rose 8 cents to end at $2.95 after 501,313 units passed through the market. Stationery and Office Supplies increased 63 cents and ended at $15.79, with 60,146 shares crossing the market and Tropical Battery gained 10 cents to close at $2 after 75,936 shares changed hands.