Trading on the Junior Market of Jamaica Stock Exchange tracked closely the levels on Monday when trading closed on Tuesday, with the Market Index surging 61.78 points to a new closing high of 4,019.23, with a rise of 17.2 percent year to date.
The market closed with all 43 listed securities trading following recent trading activities including that on Monday as the trading ended with 20 rising, 16 declining and seven ended unchanged.
The PE Ratio, a measure used to compute appropriate stock values, averages 17.4. The PE ratio of each stock shown in the chart below is based on ICInsider.com earnings forecast for companies with financial years up to August 2022.
A total of 14,490,567 shares traded for $57,197,212 compared to 12,660,852 units at $58,366,066 on Monday. Spur Tree Spices led trading with 3.6 million shares for 24.8 percent of total volume followed by Tropical Battery, 2.01 million units with 13.9 percent of the day’s trade, Future Energy Source with 1.93 million units for 13.3 percent market share, Lumber Depot traded 1.28 million units for 8.8 percent of total volume and Lasco Manufacturing with 1.10 million units for 7.6 percent of the market.
Trading averaged 336,990 shares at $1,330,168 in contrast to 294,438 shares at $1,357,350 on Monday with the month to date, averaging 441,196 units at $1,763,030 compared to 462,135 units at $1,850,007 on the previous day. January closed with an average of 319,395 units at $1,181,136.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and two stocks with lower offers.
At the close, Access Financial declined 50 cents to close at $21 in trading 5,225 shares,Cargo Handlers aadded 50 cents in closing at $8 in an exchange of 110,833 stock units, Caribbean Cream climbed 27 cents to $5.29 trading 64,184 units. Consolidated Bakeries rose 10 cents to $1.15 after exchanging 209,652 stocks, Dolphin Cove popped 50 cents to end at $29.50 in exchanging 115,036 shares, Elite Diagnostic increased 15 cents to close at $3.45 in switching ownership of 169,185 units. Express Catering lost 10 cents to end at $5.50 with the swapping of 114,749 stocks, Fontana dropped 58 cents in ending at $11 with 640,950 stock units changing hands, Fosrich rallied 20 cents to $14.40 after trading 14,076 stock units. Future Energy Source gained 20 cents in ending at a 52 weeks’ closing high of $4.49 after trading at an intraday record high of $4.94, as 1,930,904 stocks crossed the market, General Accident rose 90 cents to close at $7.10 while exchanging 100,269 shares, Honey Bun fell 30 cents to end at $9.85 with 163,425 units clearing the market. Indies Pharma rallied 12 cents in closing at $3.17 trading 104,117 units, ISP Finance advanced $3.07 to $33.07 after trading 147 shares, Jamaican Teas shed 10 cents to end at $4.05with 603,815 stock units crossing the market. Lasco Financial increased 13 cents to $3.30 after exchanging 141,961 stocks, Limners and Bards climbed 10 cents to end at $3.55 with an exchange of 593,001 units, Lumber Depot dropped 15 cents in closing at $3.50 after 1,278,433 stock units crossed the exchange. Paramount Trading popped 35 cents to close at $2 with an exchange of 7,721 shares, Stationery and Office Supplies gained 39 cents ending at $6.75 after exchanging 10,532 stocks and tTech dipped 27 cents to $4.11 13,266 shares crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.