Trading closed on the Junior Market of the Jamaica Stock Exchange Thursday, with a 74 percent rise in the volume of stocks traded, with a 56 percent higher value than on Wednesday following trading in 42 securities the same as Wednesday and ending with prices of 14 rising, 18 declining and 10 closing unchanged.
The market closed on Thursday, with 7,215,549 shares changing hands for $14,447,149 up from 4,153,063 units at $9,236,370 on Wednesday.
Trading averaged 171,799 shares for $343,980 compared with 98,882 units at $219,914 on Wednesday. Trading for the month to date, averages 145,686 units at $293,307 up from 142,018 stock units at $286,189 on the previous day and December with an average of 466,866 units at $1,111,272.
Derrimon Trading led trading with 2.19 million shares for 30.4 percent of total volume followed by MFS Capital Partners with 1.30 million units for 18 percent of the day’s trade and One Great Studio with 851,349 units for 11.8 percent market share.
At the close, the Junior Market Index rallied 26.75 points to settle at 3,768.57.
The Junior Market ended trading with an average PE Ratio of 13.1, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending around August 2024.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and six with lower offers.
At the close, Access Financial gained $3 in closing at $23 after an exchange of 2,386 stock units, AMG Packaging popped 40 cents to closed at $2.76 after an exchange of 23 shares, Caribbean Assurance Brokers shed 24 cents to close at $2.01 with an exchange of 8,602 stocks. Consolidated Bakeries rallied 29 cents and ended at $2.20 after 1,584 units were traded, Dolphin Cove declined 10 cents to end at $18.50 with investors trading 3,891 shares, EduFocal fell 9 cents in closing at $1.50 with an exchange of 184,967 stocks. Indies Pharma lost 22 cents to $2.78 while trading 96 units, Jamaican Teas rose 27 cents to end at $2.59 as investors exchanged 550,059 stock units, Knutsford Express skidded 20 cents and ended at $12.40 in trading 525 shares.
Lasco Distributors climbed 12 cents to close at $4.10, with 183,822 stock units crossing the market, Lasco Manufacturing increased 10 cents to $4.60 in switching ownership of 110,247 stocks, Lumber Depot sank 10 cents and ended at $2.40 after 51,017 units passed through the market. Main Event dropped 12 cents to close at $14.85 with an exchange of 3,517 shares, MFS Capital Partners advanced 34 cents in closing at $2.49 with traders dealing in 1,298,213 stocks, following an announcement of a directors’ meeting to consider recapitalization of the company, Spur Tree Spices dipped 12 cents to end at $2.35, with 37,003 units crossing the market and Stationery and Office Supplies sank 14 cents in closing at $1.55 with investors dealing in 25,501 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed on wednesday with an exchange of 4,153,063 stock units at $9,236,370 from 9,032,533 shares at $15,706,426 on Tuesday.
The Junior Market ended trading with an average PE Ratio of 13.1, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending around August 2024.
Fosrich popped 7 cents to $2.25 and closed with an exchange of 12,450 shares, ISP Finance increased 13 cents and ended at $25 after 3,877 stocks changed hands, Jamaican Teas dropped 17 cents to close $2.32, with 298,178 shares changing hands. Lasco Financial gained 18 cents to end at $2.10 after investors ended trading 78,250 units, Limners and Bards advanced 11 cents to $1.66 after an exchange of 42,289 stocks, Main Event rose 67 cents to close at $14.97, with 7,944 stock units clearing the market. Spur Tree Spices advanced 12 cents and ended at $2.47 in an exchange of 11,408 shares and Stationery and Office Supplies popped 8 cents in closing at $1.69 after 241,682 stocks passed through the market.
Investors traded 9,032,533 shares for $15,706,426 up from 4,952,177 units at $11,190,849 on Monday.
At the close, Access Financial dropped $5 to end at a 52 weeks’ low of $20, with 25,685 stocks crossing the market, AMG Packaging rallied 39 cents to $3 after an exchange of 51,733 units, Cargo Handlers popped $2.18 to $13.75 after 30 shares were traded. Caribbean Assurance Brokers dropped 12 cents to close at $2.03 with investors dealing in 1,750 stock units, Caribbean Flavours advanced 20 cents to close at $1.87 after 320 shares passed through the market, Derrimon Trading dipped 10 cents to $1.85 with investors trading 264,085 stocks. Dolla Financial rose 11 cents in closing at $2.63 with an exchange of 80,720 units, Dolphin Cove sank $1.10 and ended at $18.60 after it closed with an exchange of 6,045 stock units, EduFocal skidded 20 cents to close at $1.48 in trading 3,592,888 shares. Fontana gained 59 cents to end at $10.60, with 164,113 units clearing the market, Fosrich fell 12 cents in closing at $2.18 with investors swapping 80,805 stocks, Honey Bun climbed 25 cents to $6.30 in switching ownership of 2,349 stock units. iCreate declined 8 cents and ended at a 52 weeks’ low of 47 cents, with investors exchanging 1,711,832 shares, with the stock trading at an intraday low of 39 cents. ISP Finance shed $6.62 to close at $24.87 after 99 stocks crossed the market,
Jamaican Teas rallied 9 cents to $2.49 in an exchange of 7,374 units. Jetcon Corporation declined 15 cents to close at 85 cents, with 402,971 stock units changing hands, JFP Ltd shed 9 cents to end at $1.40, with 5,649 shares changing hands, KLE Group sank 50 cents to close at $1.50 while exchanging 30,450 stocks. Lasco Manufacturing skidded 18 cents and ended at $4.50 with a transfer of 17,348 units, Lumber Depot rose 11 cents to close at $2.50 after an exchange of 2 stocks, Mailpac Group lost 12 cents to close at $2.05 with investors trading 112,114 shares. MFS Capital Partners gained 21 cents to end at $2.19 after an exchange of 274,821 stocks, ONE on ONE Educational popped 7 cents in closing at $1.04 with 1,855 units crossing the exchange, Stationery and Office Supplies fell 7 cents to close at $1.61 with traders dealing in 216,489 stock units and Tropical Battery climbed 9 cents to $2.09, with 1,060,399 shares crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Investors traded 4,952,177 shares for $11,190,849 compared with 5,101,314 units at $10,562,036 on Friday.
The Junior Market ended trading with an average PE Ratio of 13.3, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending around August 2024.
Indies Pharma rallied 39 cents to $3.04 after 168,483 units passed through the market, Jamaican Teas rallied 9 cents in closing at $2.40 in an exchange of 276,738 stocks. Lasco Financial lost 19 cents and ended at $1.91 with investors trading 5,000 units, Limners and Bards sank 16 cents to close at $1.51 with an exchange of 76,391 shares, Main Event rose 30 cents to end at $14.30, with 50 stock units crossing the market. MFS Capital Partners fell 11 cents in closing at $1.98 with traders dealing in 103,000 stocks, Spur Tree Spices skidded 23 cents to $2.31 and closed after 145,457 units were traded and Tropical Battery gained 13 cents to end at $2 with investors dealing in 194,912 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Investors traded 5,101,314 shares for $10,562,036 compared with 3,646,469 units at $7,879,162 on Thursday.
13.4, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending around August 2024.
Mailpac Group popped 8 cents to end at $2.12 with investors trading 86,905 stock units, Main Event declined 34 cents in closing at $14 following 237 units crossing the market, MFS Capital Partners rallied 9 cents to $2.09 with investors trading 230,370 stocks. Paramount Trading advanced 20 cents to end at $1.59 after 14,057 units crossed the market, Spur Tree Spices popped 30 cents and ended at $2.54 with traders dealing in 55,442 shares and Tropical Battery dipped 7 cents to close at $1.87 with an exchange of 137,318 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Investors traded 3,646,469 shares for $7,879,162 compared with 5,922,564 units at $13,058,153 on Wednesday.
the Junior Market Index climbed 29.96 points to finish at 3,792.26.
Fosrich fell 7 cents to $2.23, with traders dealing in 68,200 units, GWest Corporation skidded 8 cents and ended at 89 cents in an exchange of 10,000 stocks, Honey Bun climbed 19 cents to close at $6.30 with investors trading 2,936 shares. Lumber Depot sank 26 cents to end at $2.39 closed after an exchange of 53,494 stocks, Mailpac Group shed 20 cents in closing at $2.04 with investors swapping 29,280 units, MFS Capital Partners dropped 21 cents to $2 after a transfer of 144,632 stock units. Paramount Trading gained 7 cents and ended at $1.39, with 27,581 shares crossing the exchange and Spur Tree Spices lost 33 cents to close at $2.24 in switching ownership of 113,129 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
and eight closing unchanged as the market gave back all of the year end gains from Friday and more, but it still held on the majority of last weeks’ Thursday 50 points gains as the Junior Market Index dived 79.45 points to end the day at 3,762.30.
The Junior Market ended trading with an average PE Ratio of 13.5, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending around August 2024.
Indies Pharma rose 17 cents to close at $2.92 in trading 20 shares, Jamaican Teas dipped 32 cents and ended at $2.27, with 24,377 stocks crossing the exchange, Lasco Manufacturing shed 14 cents in closing at $4.50 with investors transferring 1,946 shares. Lumber Depot climbed 26 cents to end at $2.65 in exchange of 502 units, Main Event increased $1.20 in closing at $14.34 with investors dealing in 1,640 stocks, Paramount Trading skidded 33 cents to $1.32 while trading 7,293 stock units and Spur Tree Spices popped 21 cents to close at $2.57 with 52,780 shares changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Investors traded 9,655,336 shares for $17,937,572, down from 58,141,717 units at $143,291,459 on Friday.
The Junior Market ended trading with an average PE Ratio of 13.4, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending around August 2024.
Fosrich sank 19 cents and ended at $2.41 with investors trading 566,382 stock units, Future Energy shed 25 cents to close at $3.69 after exchanging 665,397 shares. GWest Corporation advanced 9 cents to end at 97 cents with 5,360 stock units crossing the market, Honey Bun lost 29 cents in closing at $6.11 with traders dealing in 9,717 units, following the release of full year results showing a 15 percent rise in profits to $232 million or 49 cents per share, Image Plus declined 13 cents to $1.92 while exchanging 24,853 stocks. Indies Pharma dropped 34 cents to end at $2.75 in trading 247,531 units, ISP Finance jumped $2.49 and ended at $31.49 after an exchange of 11 stock units, Jamaican Teas fell 21 cents to close at $2.59 with investors dealing in 338,041 shares. Jetcon Corporation shed 9 cents to $1 in an exchange of 38,592 stock units,
JFP Ltd declined 16 cents and ended at $1.38 after it closed with an exchange of 504,995 shares, Lasco Distributors rallied 25 cents to end at $4 as investors exchanged 172,225 stocks. Lasco Financial increased 16 cents in closing at $2.10 in switching ownership of 157,155 units, Lasco Manufacturing climbed 33 cents to close at $4.64, with 437 stock units crossing the exchange, Lumber Depot sank 28 cents to $2.39 with investors transferring 82,830 shares. Main Event dropped 76 cents to end at $13.14 after a transfer of 2,176 units, ONE on ONE Educational lost 10 cents in closing at $1 with a transfer of 551,012 stocks, Regency Petroleum skidded 28 cents to close at $2.20 with an exchange of 340,150 stock units. Spur Tree Spices dipped 40 cents and ended at $2.36 after investors traded 388,474 shares and Tropical Battery popped 10 cents to $2 after an exchange of 155,094 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market stocks fared better than their
Elite Diagnostic struggling to overcome machine failures, declined by 46 percent, Medical Disposables suffered a fall of 44 percent as profit collapsed in 2023, helped by increased finance costs. CAC2000 fell 43 percent and 2022 highflyer, Fosrich dropped 38 percent. Advertising and public relations firm Limners and Bards fell 38 percent, money transfer and micro lender, Lasco Financial dropped 33 percent and petroleum distributor Future Energy a 2022 high flying stock retreated with a loss of 28 percent.
The market closed with an exchange of 58,141,717 stock units for $143,291,459 versus 10,388,698 units at $24,745,282 on Thursday.
The Junior Market ended trading with an average PE Ratio of 14.1, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending around August 2024.
Image Plus rallied 11 cents to close at $2.05 with investors transferring 2,892,365 units, Indies Pharma popped 14 cents to close at $3.09 after an exchange of 853,375 stocks, Jamaican Teas advanced 21 cents to end at 52 weeks’ high of $2.80, with 1,789,229 stock units crossing the market. Jetcon Corporation rose 19 cents in closing at $1.09 with an exchange of 603,626 shares, Lasco Distributors declined 10 cents to close at $3.75 with 396,396 stock units clearing the market, Lasco Manufacturing shed 19 cents and ended at $4.31 with investors dealing in 9,827 units. Mailpac Group gained 16 cents to $2.29 after an exchange of 617,768 stocks, MFS Capital Partners rallied 24 cents to end at $2.24 with investors trading 409,204 units, ONE on ONE Educational increased 8 cents in closing at $1.10, with 908,832 shares changing hands.
Paramount Trading climbed 17 cents and ended at $1.60 in trading 5,000 stock units, Regency Petroleum increased 22 cents to close at $2.48 after 4,687,683 stocks changed hands and Spur Tree Spices dropped 57 cents to close out the year at $2.76 after investors traded trading 1,707,764 shares.