Trading surged on the Junior Market of the Jamaica Stock Exchange on Tuesday, with the volume of stocks traded rising 140 percent and the value 105 percent more than on Monday after 44 securities traded versus 45 on Monday, ending with prices of 22 rising, 15 declining and seven closing unchanged.
A total of 26,003,630 shares were exchanged for $71,056,138 up from 10,844,740 units at $34,617,754 on Monday. Trading averaged 590,992 shares at $1,614,912 compared to 240,994 shares at $769,283 on Monday, with the month to date, averaging 363,535 units at $1,202,929 compared to 351,870 units at $1,181,801 on the previous trading day. July closed with an average of 512,709 units at $2,574,304.
Derrimon Trading led trading with 13.85 million shares for 53.3 percent of total volume, followed by Mailpac Group with 3.63 million units for 14 percent of the day’s trade, EduFocal ended with 2.60 million units for 10 percent market share, Dolla Financial closed trading with 1.49 million units for 5.7 percent of the market and Fosrich traded 1.12 million units for 4.3 percent market share.
At the close, the Junior Market Index rose 9.03 points to settle at 4,170.15. The PE Ratio, a measure of computing appropriate stock values, averages 13. The PE ratios of Junior Market stocks incorporate ICInsider.com projected earnings for companies with financial year end that falls between November this year and August 2023.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and one stock with a lower offer.
At the close, Access Financial shed $1.69 to end at $25.26 with a transfer of 1,140 shares, Blue Power lost 42 cents in closing at $3.10 after exchanging 2,241 stock units, CAC 2000 rose $1.19 to close at $7.39, with 100 stocks clearing the market. Cargo Handlers gained 50 cents to end at $14.50 in exchanging 10,000 units, Caribbean Flavours advanced 20 cents to $1.90 in trading 103,818 stock units, Consolidated Bakeries declined 51 cents to $1.80 after a transfer of 316,234 stocks. Dolphin Cove increased 43 cents in ending at $14.93 with an exchange of 239,315 units, EduFocal dipped 10 cents to $2.60 in exchanging 2,597,482 shares, Express Catering fell 19 cents in closing at $5.75, with 6,560 units crossing the exchange. Fontana rallied 36 cents to close at $9.34 while exchanging 116,720 shares, Future Energy Source climbed 19 cents in closing at $5.54 after trading at 508,180 stock units, JFP Limited popped 12 cents to $1.57 and closed with an exchange of 369,116 stocks. Knutsford Express dropped 14 cents In ending at $6.86 after trading 1,778 shares, Lumber Depot popped 18 cents to close at $2.99 in an exchange of 19,443 stocks, Mailpac Group rallied 23 cents to end at $2.49, with 3,631,869 units crossing the market.
MFS Capital Partners dipped 49 cents to $3.40 with 249,570 stock units changing hands, Paramount Trading fell 21 cents to close at $1.82 with investors transferring 470 shares, Spur Tree Spices rose 17 cents to $3.93 with the swapping of 96,217 stocks. Stationery and Office Supplies increased 65 cents in closing at $15.95 as investors exchanged 11,436 stock units and tTech gained 20 cents to end at $3.23, with 286 units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading pulls back for Junior Market
Trading closed on the Junior Market of the Jamaica Stock Exchange Monday, with the volume and value of stocks traded declining modestly below that on Friday with an exchange of 45 securities versus 44 on the previous day and ended with prices of 21 rising, 20 declining and four closing unchanged.
A sum of 10,844,740 shares were traded for $34,617,754 compared to 11,228,856 units at $38,807,870 on Friday. Trading averaged 240,994 shares at $769,283 on Monday compared to 255,201 shares at $881,997 on Friday, with month to date, averaging 351,870 units at $1,181,801 compared to 358,007 units at $1,204,634 on the previous trading day. July closed with an average of 512,709 units at $2,574,304.
Mailpac Group led trading with 2.16 million shares for 19.9 percent of total volume, followed by Fosrich with 1.56 million units for 14.4 percent of the day’s trade and Dolla Financial with 1.28 million units for 11.8 percent market share.
At the close, the Junior Market Index dipped 7.26 points to 4,161.12.
The PE Ratio, a measure of computing appropriate stock values, averages 12.8. The PE ratios of Junior Market stocks incorporate ICInsider.com projected earnings for companies with financial year end that falls between November this year and August 2023.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, AMG Packaging dropped 18 cents to $3.81, with 10,798 shares changing hands, Blue Power gained 32 cents to end at $3.52 in trading 256 stock units, CAC 2000 dived $2.05 to close at $6.20 in trading 55 units. Caribbean Assurance Brokers climbed 15 cents to $2.65 after 5,269 stocks crossed the exchange, Caribbean Cream declined 37 cents in closing at $3.88 while exchanging 17,569 shares, Consolidated Bakeries popped 32 cents to a 52 weeks’ closing high of $2.31 after trading 341,603 units. Dolphin Cove gained $1 to end at $14.50 after exchanging 114,990 stocks, Express Catering rallied 34 cents to $5.94 with the swapping of 2,928 stock units, Fontana lost 27 cents in closing at $8.98 after a transfer of 200,507 stock units. Future Energy Source fell 25 cents to $5.35 in an exchange of 835,887 units, General Accident shed 85 cents to end at $5 as investors exchanged 165,751 shares, iCreate fell 10 cents to $4.20, with 151,415 stocks clearing the market. Jamaican Teas rose 13 cents in closing at $2.71, with 249,442 stocks crossing the market, KLE Group advanced 27 cents to $2.07 with an exchange of 405 units, Knutsford Express rallied 16 cents to close at $7 with investors transferring 3,716 shares. 
Lasco Manufacturing lost 25 cents in ending at $4.30, trading 10,683 stock units, Medical Disposables popped 20 cents to close at $5.80, with 21,944 stock units crossing the market, MFS Capital Partners declined 11 cents in closing at $3.89 after exchanging 195,362 stocks. Stationery and Office Supplies dipped 65 cents to $15.30 in switching ownership of 2,839 shares and Tropical Battery climbed 11 cents to end at $2.70 with a transfer of 414,804 units.
In the preference segment, CAC 2000 9.5% preference share rose 18 cents to close at $1.18 in exchanging 1,972 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Big bounce for Junior Market on Friday
Slightly more shares were traded at the close of the Junior Market of the Jamaica Stock Exchange on Friday, but the value fell 10 percent lower than trading on Thursday after 44 securities were traded versus 43 on Thursday prices of 17 rose, 15 declined and 12 closed unchanged.
A total of 11,228,856 shares were traded for $38,807,870 versus 10,883,378 units at $43,051,001 on Thursday. Trading averaged 255,201 shares at $881,997 compared to 253,102 shares at $1,001,186 on Thursday, with the month to date, averaging 358,007 units at $1,204,634 compared to 363,890 units at $1,223,095 on the previous trading day. July closed with an average of 512,709 units at $2,574,304.
MFS Capital Partners led trading with 4.14 million shares for 36.9 percent of total volume followed by Dolla Financial with 1.53 million units for 13.6 percent of the day’s trade and JFP Limited with 1.16 million units for 10.3 percent market share.
At the close, the Junior Market Index climbed 74.23 points to settle at 4,168.38. The PE Ratio, a measure of computing appropriate stock values, averages 12.8. The PE ratios of Junior Market stocks incorporate ICInsider.com projected earnings for companies with financial year end that falls between November this year and August 2023.
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 climbed 21 cents to $3.99, after trading 59,740 shares, Caribbean Assurance Brokers dipped 10 cents to close at $2.50 with a transfer of 33,998 units, Consolidated Bakeries rose 22 cents in closing at a 52 weeks’ high of $1.99 with investors transferring 606,817 stock units. Dolphin Cove lost 40 cents to end at $13.50 after 134,745 stocks crossed the market, Elite Diagnostic rallied 10 cents to $3.42 with an exchange of 14,026 shares, Everything Fresh fell 10 cents to close at $1.89 after a transfer of 53,120 stock units. Express Catering increased 10 cents to $5.60 in exchanging 315,642 units, Fontana popped 30 cents to $9.25 in an exchange of 14,127 stocks, Honey Bun advanced 18 cents to end at $8.11 with 14,502 units clearing the market. iCreate gained 10 cents in closing at $4.30 in trading 315,215 stock units, Iron Rock Insurance advanced 28 cents in closing at $3, with three stocks changing hands, KLE Group dropped 30 cents to close at $1.80 while exchanging 41 shares. 
Lasco Manufacturing gained 27 cents to $4.55, with 2,030 shares changing hands, Limners and Bards increased 30 cents to $3.05 in switching ownership of 204,946 stocks, Medical Disposables declined 27 cents to $5.60 trading 5,311 stock units. MFS Capital Partners shed 10 cents in closing at $4 after exchanging 4,140,761 units and Stationery and Office Supplies popped $1.30 to $15.95 with an exchange of 7,726 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market rises on reduced trading
Trading closed on the Junior Market of the Jamaica Stock Exchange Monday, with the volume of stocks traded declining 16 percent from trading on Friday, with a 16 percent lower value with 44 securities changing hands similar to Friday and ended with 19 rising, 17 declining and eight closing unchanged.
A total of 8,102,411 shares were exchanged for $24,915,028 from 9,619,389 units at $29,679,783 on Friday. Trading averaged 184,146 shares at $566,251, compared to 218,622 stock units at $674,541 on Friday with month to date, averaging 395,154 units at $1,314,742 compared to 410,654 units at $1,369,723 on the previous trading day. July closed with an average of 512,709 units at $2,574,304. Dolla Financial led trading with 2.39 million shares for 29.5 percent of total volume followed by JFP Limited with 1.03 million units for 12.7 percent of the day’s trade and Fosrich with 973,391 units for 12 percent market share.
At the close, the Junior Market Index increased 22.70 points to 4,123.51.
The PE Ratio, a measure of computing appropriate stock values, averages 12.7. The PE ratios of Junior Market stocks incorporate ICInsider.com projected earnings for companies with financial year end that falls between November this year and August 2023.
Investor’s Choice bid-offer indicator shows six stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Blue Power fell 20 cents to $3, with 8,734 shares changing hands, Cargo Handlers climbed 50 cents to end at $14.50 in an exchange of 10,301 units, Dolphin Cove rallied 35 cents in closing at $14 with investors transferring 2,312 stock units. EduFocal dropped 13 cents to $2.70 after 222,615 stocks crossed the market, Elite Diagnostic gained 11 cents to close at $3.43 with an exchange of 40,021 shares, Fosrich increased 11 cents in closing at $3.69 after exchanging 973,391 stocks. Honey Bun dipped 10 cents to close at $8 in trading 903 units, iCreate declined 16 cents to end at $4.01 with a transfer of 319,853 stock units, Iron Rock Insurance advanced 29 cents in ending at $3 while exchanging 1,659 stock units. Jamaican Teas rose 30 cents to $2.80 in trading 209,005 units, Limners and Bards popped 13 cents to end at $2.85, with 151,856 stocks crossing the market, Main Event rallied 70 cents in closing at $7.71 after swapping of 384 shares. Medical Disposables climbed $1.19 after ending at $6.90 and exchanging 11,500 stock units, MFS Capital Partners shed 34 cents to $3.70 and closed with 63,982 stocks changing hands, Spur Tree Spices rose 15 cents to $3.95 after trading 107,149 units.
Stationery and Office Supplies lost 62 cents to end at $17.38 after finishing the trading of 20,601 shares and tTech declined 28 cents to $3.02 in switching ownership of 8,000 shares.
In the preference segment, CAC 2000 9.5% preference share lost 15 cents in closing at 90 cents, with 95,176 stock units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
More decline for Junior Market
Trading on the Junior Market of the Jamaica Stock Exchange closed on Friday, with the volume and the value of stocks traded declining 18 percent from Thursday’s outturn, resulting in an exchange of 44 securities versus 43 on Thursday and ending with prices of 14 rising, 23 falling and seven closing unchanged, with the Junior Market Index slipping 32.13 points to 4,100.81.
A total of 9,619,389 shares were traded for $29,679,783 down from 11,732,727 units at $36,312,222 on Thursday. Trading averaged 218,622 shares at $674,541 compared to 272,854 shares at $844,470 on Thursday with month to date, averaging 410,654 units at $1,369,723 compared to 425,878 units at $1,424,836 on the preceding trading day. July closed with an average of 512,709 units at $2,574,304.
Jamaican Teas led trading with 2.13 million shares for 22.1 percent of total volume, followed by Dolla Financial with 1.67 million units for 17.4 percent of the day’s trade and Spur Tree Spices with 938,414 units for 9.8 percent market share.
The PE Ratio, a measure of computing appropriate stock values, averages 12.7. The PE ratios of Junior Market stocks incorporate ICInsider.com projected earnings for companies with financial year end that falls between November this year and August 2023.
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 declined 50 cents to end at $27.50, with 22,096 shares clearing the market, Blue Power dipped 55 cents to $3.20 in transferring 3,290 stocks, CAC 2000 dropped 94 cents to $6.05 after trading 4,483 units. Caribbean Assurance Brokers lost 10 cents to close at $2.72, with 91,217 stock units crossing the market, Caribbean Cream fell 41 cents to $3.88 in trading 82,455 units, Dolphin Cove shed 36 cents in closing at $13.65 after exchanging 16,813 stock units. Elite Diagnostic dropped 12 cents to close at $3.32 after trading 1,200 shares, Everything Fresh advanced 18 cents to end at $1.68, with 313,440 stock units traded, Fontana declined 65 cents to $9.20 with investors transferring 15,869 units. General Accident gained 60 cents to $5.80 in an exchange of 1,960 stocks, Indies Pharma lost 13 cents to end at $2.95 in exchanging 51,559 stock units, Iron Rock Insurance dipped 29 cents to close at $2.71, with 1,000 shares crossing the exchange. Jamaican Teas shed 25 cents to end at $2.50 after the transfer of 2,128,486 shares, KLE Group rallied 19 cents in closing at $2.04 while exchanging ten units, Lasco Distributors climbed 12 cents to $3 with the swapping of 867,211 stocks. 
Lasco Financial popped 14 cents in closing at $2.85 as investors exchanged 194,769 stock units, Main Event fell 89 cents in ending at $7.01, with 6,993 stocks changing hands, Medical Disposables fell 98 cents to end at $5.71 after 6,119 units crossed the market and Stationery and Office Supplies rose 50 cents to close at $18 in switching ownership of 2,501 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Juniors slip with positive sentiment at close
Trading picked up on the Junior Market of the Jamaica Stock Exchange Monday, with the volume of stocks traded climbing 73 percent with a 30 percent higher value than on Friday, resulting in 44 securities trading versus 42 on Friday and with 15 rising, 21 declining and eight closing unchanged.
A total of 27,482,829 shares were traded for $83,901,578, up from 15,869,218 units at $64,508,991 on Friday. Trading averaged 624,610 shares at $1,906,854 compared to 377,839 shares at $1,535,928 on Friday with month to date, averaging 473,034 units at $1,573,683 compared to 455,801 units at $1,535,803 on the previous trading day. July closed with an average of 512,709 units at $2,574,304.
JFP Limited led trading with 8.18 million shares for 29.8 percent of total volume followed by Dolla Financial with 5.43 million units for 19.8 percent of the day’s trade. Lumber Depot traded 4.32 million units for 15.7 percent of the market, Future Energy Source ended with 3.85 million units for 14 percent market share and EduFocal controlled 1.86 million units for 6.8 percent of the shares traded.
At the close, the Junior Market Index declined 11.88 points to settle at 4,130.54. The PE Ratio, a measure of computing appropriate stock values, averages 13.2. The PE ratios of Junior Market stocks incorporate ICInsider.com projected earnings for companies with financial year end that falls between November this year and August 2023.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, Access Financial climbed $2.34 to $27.34 after the price hit a 52 weeks’ intraday high of $30.74, with investors grabbing 59,276 shares, Blue Power declined 24 cents to close at $3.41, with 32,531 stocks crossing the exchange, Cargo Handlers lost 10 cents in closing at $14.90 with an exchange of 16 units. Caribbean Cream rose 20 cents to $4.29 in an exchange of 258 stock units, Dolphin Cove advanced 19 cents to $14.99 after trading at 184,984 stock units, EduFocal increased 24 cents to $2.98, with an exchange of 1,860,911 units. Elite Diagnostic popped 28 cents to close at $3.68 while exchanging 143,493 stocks, Everything Fresh gained 20 cents in closing at $1.37 with an exchange of 64,834 shares, Express Catering shed 10 cents to end at $5.40 in exchanging 6,025 units. Fontana fell 44 cents to $9.74, with 55,150 shares changing hands, Fosrich rallied 20 cents to $3.49 after 990,791 stocks passed through the market, Future Energy Source advanced 56 cents to end at $5.85 in switching ownership of 3,854,348 stock units as investors responded to the sharp jump in the June quarter profit. 
Indies Pharma dropped 21 cents to $2.94 after trading 9,631 shares, Jamaican Teas dropped 12 cents to close at $2.58, with 60,336 stock units changing hands, Lasco Distributors increased 10 cents to $3.10 after exchanging 12,385 units. SSL Venture fell 45 cents to $3.65 after exchanging 120,654 stocks, Stationery and Office Supplies shed 50 cents in ending at $18.50 with 2,871 stock units clearing the market, Tropical Battery gained 15 cents to $2.80 after exchanging 331,727 shares and tTech declined 48 cents to end at $3.02 with 78,529 units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Merger talks & surging profits send market higher
A merger proposal and one company’s sharp jump in profits sent the Junior Market surging on Friday as investors responded to an interest by Dolla Financial in Access Financial and reported record half-year results by Stationery and Office Supplies.
The above stocks recorded sizable gains at the close, but undervalued Access put on $5.79 as some sellers of the stock withdrew offers.
The merger offer of the two financial entities is unlikely to go anywhere as the numbers do not add up.
At the close, the Junior Market Index jumped 78.30 points to 4,142.42 as the volume of stocks trading rose 182 percent and the value jumped 243 percent over Thursday as Dolla Financial led trading with 9.41 million shares for 59.3 percent of total volume, followed by Spur Tree Spices with 1.22 million units for 7.7 percent of the day’s trade and Fosrich ended with 1.11 million units for 7 percent market share.
Investors were involved in trading 42 securities up from 38 on Thursday, with 16 rising, 14 declining and 12 closing unchanged.
A total of 15,869,218 shares were traded for $64,508,991 compared to 5,618,693 units at $18,792,608 on Thursday. Trading averaged 377,839 shares at $1,535,928 in contrast to 147,860 shares at $494,542 on Thursday with month to date, averaging 455,801 units at $1,535,803 compared to 465,292 units at $1,535,788 on Thursday the previous trading day. July closed with an average of 512,709 units at $2,574,304.
The PE Ratio, a measure of computing appropriate stock values, averages 12.8. The PE ratios of Junior Market stocks incorporate ICInsider.com projected earnings for companies with financial years that fall between November this year and August next year.
The Investor’s Choice bid-offer indicator shows one stock ended with the bid higher than the last selling price and three with lower offers.
At the close, Access Financial rose $5.79 to close at $25, with 35,102 shares crossing the exchange, CAC 2000 declined $1.35 in closing at $7.65 while exchanging eight units, Caribbean Cream fell 21 cents ending at $4.09, with 5,021 stocks changing hands. Derrimon Trading rallied 10 cents to $2.40 and closed after trading 68,889 stock units, Dolla Financial advanced 40 cents to end at $3.22 in exchanging 9,405,836 stocks, Everything Fresh lost 13 cents in closing at $1.17, with 41,060 stock units changing hands. Express Catering increased 35 cents to end at $5.50 after 6,401 units crossed the market, Fontana climbed 39 cents to close at $10.18 in switching ownership of 85,689 shares, General Accident dropped 50 cents to $5, with 228,716 units clearing the market. iCreate gained 25 cents in ending at $4.25 with the swapping of 150,590 stocks, Iron Rock Insurance shed 36 cents in ending at a 52 weeks’ closing low of $2.60 after an exchange of 5,000 stock units, Jamaican Teas shed 15 cents to end at $2.70 trading 22,767 shares. Lasco Distributors popped 15 cents to close at $3 after 35,027 stock units crossed the market, 
Lasco Financial climbed 23 cents to $2.94 with an exchange of 47,418 stocks, Lasco Manufacturing lost 10 cents in ending at $4.20 after exchanging 25,540 units. Mailpac Group popped 20 cents to end at $2.35 in an exchange of 97,329 shares, Main Event fell $1 in closing at $7 after trading 17,053 stocks, SSL Venture advanced 48 cents to close at $4.10, trading 1,241 stock units. Stationery and Office Supplies rose $2 to $19 with 551,490 clearing the market units after the company posted profits that jumped nearly 200 percent to $174 million and declared a dividend of 18 cents per share and Tropical Battery dropped 10 cents to $2.65 in switching ownership of 133,290 shares ahead of the company reporting profits that more than doubled to $54 million in the June quarter from $25 million in 2021 and half nine months of $144 million compared to $59 million last year.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market stocks bounce
Stocks bounced in Junior Market trading on the Jamaica Stock Exchange on Thursday, with the Market Index rising 37.78 points to 4,064.12 after 38 securities traded down from 42 on Wednesday and ended with 19 rising, 11 declining and eight unchanged, with the volume of stocks traded falling 45 percent and the value 47 percent lower than on Wednesday.
The PE Ratio, a measure used in computing stock values, averages 12.6. The PE ratios of Junior Market incorporate ICInsider.com projected earnings for companies with financial year end that falls between November this year and August 2023.
A total of 5,618,693 shares were traded for $18,792,608 versus 10,146,538 units at $35,165,833 on Wednesday.
Trading averaged 147,860 shares at $494,542 compared to 241,584 shares at $837,282 on Wednesday, with the month to date, averaging 465,292 units at $1,535,788 compared to 504,583 units at $1,664,672 on the previous trading day. July closed with an average of 512,709 units at $2,574,304.
EduFocal led trading with 1.05 million shares for 18.6 percent of total volume, followed by Future Energy Source with 869,353 units for 15.5 percent of the day’s trade and Jamaican Teas traded 772,230 units for 13.7 percent of market share.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and two with lower offers.
In closing, Cargo Handlers popped $1 to $15 after trading 4,163 shares, Consolidated Bakeries gained 17 cents in closing at $1.56 after switching ownership of 62,312 stocks, Dolphin Cove lost 17 cents to end at $14.83 in an exchange of 591 stock units. EduFocal rose 33 cents to $2.75 in exchanging 1,045,050 units, Express Catering shed 38 cents to close at $5.15, with 10,120 shares crossing the exchange, Fontana increased 22 cents in closing at $9.79 after trading 34,156 stocks. Fosrich rallied 15 cents to $3.37 in trading 647,712 stock units, GWest Corporation advanced 10 cents to end at $1, with 597 units changing hands, iCreate climbed 45 cents to close at $4 after exchanging 50,634 shares. Jamaican Teas declined 10 cents to $2.85 with an exchange of 772,230 units, Knutsford Express rose 10 cents to $7 after 10,000 stocks crossed the market, Lasco Distributors dropped 25 cents to a 52 weeks’ low of $2.85 after trading 58,030 stock units. Lasco Financial fell 23 cents in closing at $2.71 with 500 shares changing hands, Lasco Manufacturing increased 10 cents to end at $4.30 with 22,482 stock units clearing the market, Mailpac Group declined 12 cents to close at $2.15 while exchanging 204,030 stocks. 
Main Event climbed $1 in closing at $8 with the swapping of 13 units, Medical Disposables rallied 95 cents to end at $7, with one share crossing the market, Stationery and Office Supplies fell 94 cents to $17 in trading 54,856 units and Tropical Battery popped 11 cents to $2.75 with 233,615 stock units passing through the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Big plunge for Junior Market
The Junior Market of the Jamaica Stock Exchange dropped sharply on Wednesday, with the Market Index plunging 107.82 points to 4,026.34, with the volume of stocks traded declining marginally after 10 percent more funds entered the market than on Tuesday.
Market activity led to 42 securities trading down from 44 on Tuesday and ended with 12 rising, 21 declining and nine unchanged.
A total of 10,146,538 shares were traded for $35,165,833 compared to 10,954,252 units at $31,979,360 on Tuesday. Trading averaged 241,584 shares at $837,282 compared to 248,960 shares at $726,804 on Tuesday with a month to date, average of 504,583 units at $1,664,672 compared to 546,266 units at $1,795,806 on the previous trading day. July averaged 512,709 units at $2,574,304.
Dolla Financial led trading with 2.63 million shares for 26 percent of total volume, followed by Jamaican Teas with 1.85 million units for 18.3 percent of the day’s trade and iCreate with 1.03 million units for 10.2 percent market share.
The PE Ratio, a measure of computing appropriate stock values, averages 12.5. The PE ratios of Junior Market stocks incorporate ICInsider.com projected earnings for companies with financial year end that falls between November this year and August 2023.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Access Financial fell $2.79 in closing at $19.21 after exchanging 275 shares, Cargo Handlers lost 90 cents to end at $14 with the swapping of 201,200 units, Caribbean Cream gained 42 cents to close at $4.30, with 66 stock units clearing the market. Consolidated Bakeries shed 21 cents to $1.39 in exchanging 66,632 stocks, Dolphin Cove declined 30 cents in ending at $15 after 38,504 stocks changed hands, Express Catering climbed 33 cents to $5.53, with 65,593 shares crossing the market. Future Energy Source dipped 20 cents to close at $5.30 in switching ownership of 613,827 stock units, GWest Corporation fell 12 cents in ending at 90 cents, with 21,170 units crossing the market, iCreate shed 85 cents to $3.55 in trading 1,029,876 shares. 
Jamaican Teas rallied 30 cents in closing at $2.95 in an exchange of 1,851,771 stock units, Lasco Manufacturing lost 35 cents in ending at $4.20 with an exchange of 57,063 stocks, Lumber Depot declined 10 cents to end at $2.90, with 133,266 units changing hands. Main Event advanced 90 cents to close at $7 after exchanging 25,517 units and Stationery and Office Supplies increased 44 cents to $17.94 in trading 12,919 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading picks up on Junior Market
Trading picked up on the Junior Market of the Jamaica Stock Exchange Tuesday, with the volume of stocks traded rising 38 percent with a 21 percent higher value than on Monday, resulting in 44 securities trading versus 46 on Monday and ended with rising and declining stocks sharing 15 each as 14 closed unchanged.
A total of 10,954,252 shares traded for $31,979,360 compared to 7,922,625 units at $26,322,732 on Monday. Trading averaged 248,960 shares at $726,804 in contrast to 172,231 shares at $572,233 on Monday with month to date, averaging 546,266 units at $1,795,806 compared to 605,458 units at $2,008,639 on the previous trading day. July closed with an average of 512,709 units at $2,574,304. Dolla Financial led trading with 1.84 million shares for 16.8 percent of total volume, followed by Fosrich with 1.73 million units for 15.8 percent of the day’s trade and JFP Limited with 1.13 million units for 10.3 percent market share.
At the close, the Junior Market Index rose 10.06 points to settle at 4,134.16.
The PE Ratio, a measure of computing appropriate stock values, averages 12.7. PE ratios of Junior Market stocks incorporate ICInsider.com projected earnings for companies with financial year end that falls between November this year and August 2023.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close, Access Financial increased $2 to end at $22 in trading six shares, CAC 2000 climbed $2 in ending at $9, with five stocks clearing the market, Caribbean Assurance Brokers rallied 19 cents in closing at $2.79 after exchanging 83,905 stock units. Caribbean Cream shed 14 cents to close at a 52 weeks’ low of $3.88, with an exchange of 25,659 units, Consolidated Bakeries declined 12 cents to $1.60 in exchanging 623,522 units, Derrimon Trading fell 17 cents to $2.35 in switching ownership of 897,374 stocks. Dolphin Cove advanced 49 cents in closing at $15.30, after 6,098 shares crossed the market, Elite Diagnostic rose 11 cents to end at $3.43 with the swapping of 2,600 stock units, Fontana dropped 35 cents to close at $9.60 after trading 159,984 stocks. 
iCreate gained 10 cents in ending at $4.40 while exchanging 364,128 units, KLE Group lost 30 cents after ending at $1.80 after trading 4,495 stock units, Mailpac Group fell 11 cents to close at $2.20 after exchanging 739,265 shares. Main Event declined $1.07 to end at $6.10 and closed with an exchange of 13,170 shares, SSL Venture popped 14 cents to $3.70, with 16,855 stock units changing hands and Stationery and Office Supplies dropped 50 cents in closing at $17.50, with 37,085 stocks crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.