Trading closed on the Junior Market of the Jamaica Stock Exchange Monday, with the volume of stocks traded rising 10 percent and the value 17 percent more than on Friday with 45 securities trading versus 41 on Friday and ended with 14 rising, 21 declining and 10 closing unchanged.
A total of 11,121,148 shares were exchanged for $31,427,127 versus 10,149,669 units at $26,870,316 on Friday.
Trading averaged 247,137 shares at $698,381 compared to 247,553 stock units at $655,374 on Friday, with the month to date, averaging 486,150 units at $1,583,408 compared to 500,665 units at $1,637,154 on the previous trading day. August closed with an average of 407,186 units at $1,330,946.
iCreate led trading with 3.06 million shares for 27.5 percent of total volume followed by Fosrich with 1.26 million units for 11.3 percent of the day’s trade and JFP Limited with 1.07 million units for 9.6 percent market share.
At the close, the Junior Market Index increased 7.85 points to 4,107.96. The PE Ratio, a measure of computing appropriate stock values, averages 12.4 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 ended with bids higher than their last selling prices and three with lower offers.
At the close, AMG Packaging lost 20 cents to end at $3.61 in an exchange of 5,003 shares, Blue Power fell 40 cents to close at $3.10 in trading 16,658 units, CAC 2000 shed $1.24 to $7.06 with the swapping of 37 stock units. Cargo Handlers dropped $1 to $12.70, with 440 stocks crossing the exchange, Consolidated Bakeries rallied 39 cents in ending at a multi-year closing high of $2.89 as investors exchanged 710,394 shares, Dolla Financial dipped 11 cents to close at $3.12 after a transfer of 854,931 stocks. Fontana declined 45 cents in closing at $9 with a transfer of 141,832 units, Fosrich declined 24 cents to $3.76 with an exchange of 1,257,430 stock units, General Accident increased 78 cents to end, with 250 stock units crossing the market. Honey Bun dropped 42 cents to $7.85 with 12,260 units clearing the market, iCreate climbed 32 cents in closing at $2.53 after exchanging 3,057,352 shares, Iron Rock Insurance shed 63 cents to end at a 52 weeks’ low of $2.10, in switching ownership of 32,050 stocks. Lasco Distributors advanced 16 cents to $3 after exchanging 24,768 shares, Limners and Bards lost 10 cents to close at $2.90, with 213,357 units changing hands, Mailpac Group dipped 18 cents in ending at $2.24, with 141,473 stock units crossing the market. 
Main Event fell $1.42 to $6.59 while exchanging 63 stocks, MFS Capital Partners shed 10 cents in closing at $3.30 with investors transferring 427,301 stock units, Stationery and Office Supplies dipped $1 to end at $15.20 in trading 16,747 units and tTech lost 45 cents to close at $2.55 after trading 11,581 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
CAC 2000 ICTOP10 top performer
Junior Market IC TOP10 stocks had some strong gains in the past week and losses that were lower than the gains, but Main Market stocks were more stable, with minor price changes while Lasco Financial in the Junior Market replaced Iron Rock Insurance.
CAC 2000 was the star performer in the Junior Market during the week, jumping 20 percent to $8.30, after dropping 14 percent in the previous week to $6.90. Caribbean Assurance Brokers declined 15 percent last week to $2.30, rebounded 13 percent to $2.60 and Access Financial recovered from a 9 percent decline last week, gaining 12 percent to $22.30. Elite Diagnostic climbed 8 percent to $3.58 last week, but fell 8 percent to $3.31, Lasco Distributors gained 5 percent last week to $3.10 but could not hold on and slipped 8 percent to $2.84 and Caribbean Cream jumped 18 percent last week to $4.70, fell 5 percent to close at $4.47.
In the Main Market Guardian Holdings rose 5 percent to $520, Berger Paints gained 4 percent to percent but Key Insurance fell 7 percent to $3.36 and Sygnus Credit Investments declined 5 percent to $13.08.
At the end of the week, the average PE for the JSE Main Market TOP 10 is 6.2, well below the market average of 13.9, while the Junior Market Top 10 PE sits at 5.9 versus the market at 12.8, important indicators of the level of undervaluation of the ICTOP10 stocks. The Junior Market is projected to rise by 245 percent and the Main Market TOP10 s projected to gain an average of 239 percent, to May 2023.
The Junior Market currently sells at an average PE of around 12.8 but already there are 15 stocks or a third of the market, with PEs from 16 to 33, averaging 21. The top half of the market has an average PE of 18. This data shows how much potential gains are in the top 10. The situation in the main market is similar, with the 15 highest valued stocks priced at a PE of 15 to 84, averaging 25 and 21 excluding the highest valued one.
Currently, the Junior Market is slightly negative but is poised to move higher in the weeks ahead but the main market is under negative clouds that could send the market index lower as NCB Financial and other financial companies continue to trade with inadequate support.
ICTOP10 focuses on likely yearly winners, accordingly, the list includes some of the best companies in the market but not always. ICInsider.com ranks stocks based on projected earnings, allowing investors to focus on the most undervalued stocks and helping to remove emotions in selecting stocks for investments that often result in costly mistakes.
IC TOP10 stocks are likely to deliver the best returns up to the end of May 2023 and are ranked in order of potential gains, computed using projected earnings for the current fiscal year. Expected values will change as stock prices fluctuate and result in weekly movements in and out of the lists. Revisions to earnings are ongoing, based on receipt of new information.
Persons who compiled this report may have an interest in securities commented on in this report.
Junior Market trading drops
Trading closed on the Junior Market of the Jamaica Stock Exchange Friday, with a 50 percent fall in the volume of stocks traded and a 33 percent decline in the value compared to Thursday, after activity in 41 securities versus 42 on Thursday and ending with the prices of 20 rising, 16 declining and five closing unchanged.
A total of 10,149,669 shares were traded for $26,870,316 down from 20,300,179 units at $40,240,995 on Thursday.
Trading averaged 247,553 shares at $655,374 compared to 483,338 shares at $958,119 on Thursday, with the month to date, averaging 500,665 units at $1,637,154 compared to 515,490 units at $1,694,659 on the previous day. August closed with an average of 407,186 units at $1,330,946.
ONE on ONE Educational led trading with 2.16 million shares for 21.3 percent of total volume followed by iCreate with 1.95 million units for 19.2 percent of the day’s trade and Consolidated Bakeries with 1.06 million units for 10.4 percent market share.
At the close, the Junior Market Index lost 27.58 points to settle at 4,100.11.
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 three stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Access Financial increased 30 cents to $22.30 in trading 1,015 shares, AMG Packaging gained 31 cents to end at $3.81, with 153 units crossing the exchange, Caribbean Assurance Brokers rallied 30 cents to $2.60 with an exchange of 11,852 stocks. Caribbean Cream advanced 46 cents to $4.47, with 220 stock units crossing the market, Consolidated Bakeries climbed 45 cents in ending at a multiple-year closing high of $2.50 while exchanging 1,056,501 stock units, Elite Diagnostic declined 34 cents to close at $3.31 in a swapping of 92,279 stocks. Everything Fresh rose 20 cents in closing at $1.50 with investors transferring 158,580 units, Fontana popped 20 cents in ending at $9.45 after 80,927 shares crossed the market, Future Energy Source shed 28 cents to end at $5.01 with 241,453 stock units clearing the market. Honey Bun rose 49 cents to $8.27 after trading 6,714 units, iCreate fell 26 cents in closing at $2.21 with the swapping of 1,952,192 shares, Lasco Distributors lost 16 cents to end at $2.84 after exchanging 160,365 stocks. Lasco Manufacturing increased 19 cents to end at $4.30 in trading 22,650 units, Mailpac Group popped 15 cents in ending at $2.42 after exchanging 106,187 shares, Spur Tree Spices dipped 15 cents to close at $3.49 in an exchange of 497,012 stocks. 
Stationery and Office Supplies dropped $1.30 to end at $16.20 in switching ownership of 10,000 stock units and tTech rallied 45 cents to $3 as investors exchanged 254,811 stocks.
In the preference segment, CAC 2000 9.5% preference share shed 16 cents to close at $1.01, with 6,538 units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market trading climbs
Trading closed on the Junior Market of the Jamaica Stock Exchange Thursday, with the volume of stocks exchanged rising 68 percent, with a slightly higher value than Wednesday following activities in 42 securities, the same as Wednesday and ending with 15 rising, 18 declining and nine closing unchanged.
A total of 20,300,179 shares were exchanged for $40,240,995 up from 12,078,496 units at $38,559,683 on Wednesday. Trading averaged 483,338 shares at $958,119 against 287,583 shares at $918,088 on Wednesday, with month to date, averaging 515,490 units at $1,694,659 compared to 517,543 units at $1,741,672 on the previous day. August closed with an average of 407,186 units at $1,330,946.
Everything Fresh led trading with 11.80 million shares for 58.1 percent of total volume followed by Mailpac Group with 2.15 million units for 10.6 percent of the day’s trade, Tropical Battery contributed 1.44 million units for 7.1 percent of the market and iCreate with 1.19 million units for 5.8 percent market share.
At the close, the Junior Market Index gained 10.64 points to settle at 4,127.69.
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 three with lower offers.
At the close, Caribbean Assurance Brokers lost 30 cents to end at $2.30, with 9,458 shares crossing the exchange, Caribbean Cream fell 79 cents to $4.01 after trading 5,353 stock units, Everything Fresh shed 38 cents to close at $1.30, with 11,802,613 shares crossing the market stocks. Express Catering dipped 29 cents to $5.25 after exchanging 29,480 units, Fontana rose 13 cents in closing at $9.25, with 125,886 stocks changing hands, Future Energy Source gained 19 cents to close at $5.29 after a transfer of 162,299 units. Honey Bun climbed 22 cents to $7.78 with the swapping off 2,682 stock units, iCreate declined 47 cents to $2.47 after 1,185,132 shares crossed the market, Jamaican Teas dropped 32 cents in closing at $2.68 after trading 261,442 shares. Lasco Distributors rallied 15 cents in ending at $3 after exchanging 16,166 stocks, Lasco Financial shed 19 cents to end at $2.71 trading 23,927 stock units, Mailpac Group declined 12 cents to $2.27 with an exchange of 2,154,913 units. 
Main Event lost $1 to close at $8 as investors exchanged 78,619 stocks, MFS Capital Partners advanced 34 cents in closing at $3.39, with 104,707 shares clearing the market, Paramount Trading increased 13 cents to $1.93 in exchanging 70,217 stock units. Spur Tree Spices popped 24 cents to close at $3.64 in trading 77,284 units, Stationery and Office Supplies increased $1.50 to end at $17.50 with investors transferring 46,000 stock units and tTech fell 44 cents in closing at $2.55 in switching ownership of just 1,312 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Big drop for Junior Market
The Junior Market of the Jamaica Stock Exchange fell sharply on Wednesday, with the volume of stocks traded declining 60 percent from Tuesday’s outturn after investors exchanged 62 percent less funds, with 42 securities trading versus 44 on Tuesday and ended with 15 rising, 20 declining and seven closing unchanged.
A total of 12,078,496 shares were exchanged for $38,559,683 down from 30,532,879 units at $100,998,581 on Tuesday.
Trading ended with an average of 287,583 shares at $918,088 compared to 693,929 shares at $2,295,422 on Tuesday, with the month to date, averaging 517,543 units at $1,741,672 compared to 533,222 units at $1,797,825 on the previous day. August closed with an average of 407,186 units at $1,330,946.
Jamaican Teas led trading with 2.56 million shares for 21.2 percent of total volume followed by Fosrich with 1.96 million units for 16.2 percent of the day’s trade, iCreate ended with 1.77 million units for 14.6 percent of the market and Mailpac Group with 1.07 million units for 8.8 percent market share.
At the close, the Junior Market Index dropped 64.27 points to 4,117.05. 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 five stocks ended with bids higher than their last selling prices and five with lower offers.
At the close, Access Financial rose $1.99 to $21.99 in exchanging 100 shares, CAC 2000 gained $1.35 in closing at $8.25 with a transfer of 2,327 units, Caribbean Assurance Brokers advanced 30 cents to close at $2.60 in trading 516 stocks. Caribbean Cream gained 81 cents to $4.80 with an exchange of 10,023 stock units, Dolla Financial popped 10 cents to end at $3.25 while exchanging 985,337 stocks, Elite Diagnostic climbed 12 cents to $3.72 with 34,431 stock units clearing the market. Everything Fresh fell 11 cents to $1.68 with investors transferring 471,109 shares, Fontana dipped 18 cents to close at $9.12 after a transfer of 68,899 units, Honey Bun declined 10 cents to end at $7.56 with 15,000 stocks crossing the market. iCreate dropped 22 cents to $2.94 after trading 1,766,199 shares, Jamaican Teas rallied 19 cents in closing at $3 after exchanging 2,559,882 units, Lasco Distributors lost 10 cents to close at$2.85 after exchanging 5,747 stock units. Lasco Manufacturing shed 30 cents to end at $4.10 with 5,975 stock units crossing the exchange, Limners and Bards popped 25 cents to $3 in an exchange of 86,208 stocks, Mailpac Group climbed 18 cents to close at $2.39 with the swapping of 1,067,407 units. 
Main Event rose 50 cents in closing at $9 as investors exchanged 27,727 shares, Spur Tree Spices fell 11 cents to $3.40 after finishing trading of 498,247 units and Stationery and Office Supplies rallied 98 cents to end at $16, with just 501 stock units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Surge in Junior Market trading
Trading jumped sharply on the Junior Market of the Jamaica Stock Exchange on Tuesday, with the value of stocks traded surging 238 percent and the volume of stocks traded rising 258 percent more than on Monday as 44 securities traded similar to Monday and ended with prices of eight rising, 22 declining and 14 closing unchanged.
A total of 30,532,879 shares were exchanged for $100,998,581 compared to 8,522,197 units at $29,844,012 on Monday.
Trading averaged 693,929 shares at $2,295,422 compared to 193,686 shares at $678,273&l on Monday with month to date, averaging 533,222 units at $1,797,825 compared to 520,860 units at $1,759,549 on the previous day. August closed with an average of 407,186 units at $1,330,946.
Spur Tree Spices led trading with 16.28 million shares for 53.3 percent of total volume followed by Tropical Battery with 8.15 million units for 26.7 percent of the day’s trade and ONE on ONE Educational with 1.24 million units for 4 percent market share.
At the close, the Junior Market Index 14.45 points to settle at 4,181.32. The PE Ratio, a measure of computing appropriate stock values, averages 12.6. The PE ratios of Junior Market stocks incorporate ICInsider.com earnings for companies with financial year end that falls between November this year and August 2023.
Investor’s Choice bid-offer indicator shows 10 stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, Access Financial dropped 10 cents in ending at $20, with a transfer of 14,400 shares, Dolla Financial shed 18 cents to end at $3.15 in switching ownership of 909,780 stock units, EduFocal dipped 18 cents to $2.32 after a transfer of 231,415 stocks. Fontana fell 18 cents in closing at $9.30 after exchanging 130,220 units, General Accident declined 19 cents to $4.96 after 94,922 stocks changed hands, iCreate lost 24 cents to end at $3.16 and closed with trading of 733,672 units. Indies Pharma declined 10 cents to close at $2.98 in an exchange of 3,212 shares, KLE Group rallied 52 cents in closing at $2.10, with 11,085 stock units crossing the market, Lasco Distributors fell 16 cents to $2.95 as investors exchanged 103,444 stock units. Mailpac Group shed 29 cents in ending at $2.21 trading 46,200 shares, Main Event advanced 50 cents to $8.50, with 34,231 stocks crossing the market, MFS Capital Partners lost 10 cents to end at $3.10, with 351,531 units changing hands. 
Paramount Trading dropped 14 cents to $1.81 in exchanging 34,320 stocks, Spur Tree Spices dipped 22 cents to close at $3.51 after trading 16,279,503 stock units, Stationery and Office Supplies lost 93 cents in closing at $15.02 while exchanging 15,276 shares and Tropical Battery dropped 12 cents in ending at $2.55, with 8,152,443 units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market dips on Monday
Trading closed on the Junior Market of the Jamaica Stock Exchange Monday, with the volume of stocks traded declining 27 percent less and the value 12 percent lower than on Friday with 44 securities trading versus 45 on Friday and ended with prices of 15 rising, 21 declining and eight closing unchanged.
A total of 8,522,197 shares were traded for $29,844,012 down from 11,654,778 units at $33,767,360 on Friday.
Trading averaged 193,686 shares at $678,273 compared to 258,995 units at $750,386 on Friday with a month to date average of 520,860 shares at $1,759,549 compared to 548,124 units at $1,849,655 on the previous trading day.
August closed with an average of 407,186 units at $1,330,946.
MFS Capital Partners led trading with 1.19 million shares for 14 percent of total volume, followed by iCreate, 1.03 million units for 12.1 percent of the day’s trade and ONE on ONE Educational with 1.01 million units for 11.9 percent market share.
At the close, the Junior Market Index lost 10.14 points to settle at 4,195.77.
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 ending with bids higher than their last selling prices and two with lower offers.
At the close, Access Financial rose 10 cents to $20.10 in exchanging 28,099 shares, AMG Packaging dropped 31 cents at $3.50 with a transfer of 51,633 stocks, Cargo Handlers lost 70 cents at $13.70, in switching ownership of 803 units. Caribbean Cream fell 71 cents to $3.99 with 10,170 stock units crossing the exchange, Dolla Financial shed 11 cents to $3.33 after exchanging 695,196 shares, Fontana climbed 47 cents to $9.48 after exchanging 109,287 stocks. Fosrich popped 12 cents to $4.12 trading 846,958 stock units, Future Energy Source dipped 10 cents to close at $5.20 aft trading 622,680 units, General Accident increased 10 cents in closing at $5.15 with 5,228 shares changing hands. Honey Bun declined 30 cents to end at $7.67 with an exchange of 80,556 units, iCreate declined 20 cents to $3.40 with investors transferring 1,034,270 stocks, Jamaican Teas gained 20 cents to $2.74, with 819,061 stock units crossing the market. KLE Group fell 49 cents to close at $1.58 after a transfer of 2,100 stock units, 
Mailpac Group advanced 28 cents to end at $2.50 as investors exchanged 26,737 stocks, Main Event rallied 29 cents in closing at $8, with 33,543 shares clearing the market. MFS Capital Partners dropped 15 cents to $3.20 after trading 1,193,650 units, ONE on ONE Educational dipped 10 cents in closing at $1.89 in 1,010,094 shares crossing the market and Stationery and Office Supplies lost 25 cents in ending at $15.95 while exchanging 61,779 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Insurance companies join ICTOP10
Junior Market IC TOP10 stocks experienced a great deal of volatility in the past week but Main Market stocks were very stable, with minor price changes and resulted in two charges to listings with Iron Rock Insurance replacing Lasco Financial in the Junior Market, while Key Insurance in the main market replaced Radio Jamaica.
During the week in the Junior Market, Caribbean Cream jumped 18 percent to $4.70, Elite Diagnostic climbed 8 percent to $5.84, Lasco Financial rose 7 percent to $2.95 and Lasco Distributors gained 5 percent to $3.10. Caribbean Assurance Brokers declined 15 percent to $2.30, CAC 2000 dropped 14 percent to $6.90, Access Financial dipped 9 percent to $20 while General Accident fell 7 percent to $5.05.
At the end of the week, the average PE for the JSE Main Market TOP 10 is 6.2, well below the market average of 13.4, while the Junior Market Top 10 PE is at 5.8 versus the market at 12.9, important indicators of the level of undervaluation of the ICTOP10 stocks.
The Junior Market is projected to rise by 251 percent and the Main Market TOP10 is projected to gain an average of 238 percent, by May 2023.
The Junior Market currently sells at an average PE around 13 but already there are 15 stocks or a third of the market, with PEs from 16 to 33 averaging 21. The top half of the market has an average PE of 18. This data shows how much potential gains reside in the top 10. The situation in the main market is very similar, with the 15 highest valued stocks priced at a PE of 15 to 84, averaging 25 and 21 excluding the highest valued one.
Currently, the Junior Market is slightly negative but is poised to move higher in the weeks ahead but the main market is under negative clouds that could send the market index lower as NCB Financial and other financial companies continue to trade with inadequate support.
ICTOP10 focuses on likely yearly winners, accordingly, the list includes some of the best companies in the market but not always. 
ICInsider.com ranks stocks based on projected earnings, allowing investors to focus on the most undervalued stocks and helping to remove emotions in selecting stocks for investments that often result in costly mistakes.
IC TOP10 stocks are likely to deliver the best returns up to the end of May 2023 and are ranked in order of potential gains, computed using projected earnings for the current fiscal year. Expected values will change as stock prices fluctuate and result in weekly movements in and out of the lists. Revisions to earnings are ongoing, based on receipt of new information.
Persons who compiled this report may have an interest in securities commented on in this report.
Junior Market rises to close week
Trading levels fell sharply at the close of the Junior Market of the Jamaica Stock Exchange on Friday, with the volume of stocks traded declining 52 percent and the value 65 percent lower than on Thursday with 45 securities trading versus 42 on Thursday, with prices of 25 rising, 17 declining and three closing unchanged.
Investors exchanged 11,654,778 shares for $33,767,360 compared to 24,272,292 units at $95,687,158 on Thursday.
Trading on Friday, averaged 258,995 shares at $750,386, down from 577,912 units $2,278,266 on Thursday, with a month to date average of 548,124 units at $1,849,655 versus 575,062 units at $1,952,071 on the previous day. August closed with an average of 407,186 units at $1,330,946.
Mailpac Group led trading with 3.61 million shares for 31 percent of total volume followed by ONE on ONE Educational with 2.83 million units for 24.3 percent of the day’s trade and Tropical Battery with 984,115 units for 8.4 percent market share.
At the close, the Junior Market Index increased 16.54 points to 4,205.91. The PE Ratio, a measure of computing appropriate stock values, averages 13.1. 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 shed $1.99 to end at $20 trading 2,391 shares, Blue Power fell 25 cents to $3.50 after an exchange of 17,146 stock units, Cargo Handlers popped 70 cents to $14.40 after 838 units changed hands. Dolla Financial climbed 14 cents to close at $3.44 with a transfer of 356,793 shares, Dolphin Cove lost 19 cents in ending at $15 with an exchange of 31,274 stock units, Express Catering rallied 10 cents to $5.55 with 75,300 stocks changing hands. Fontana dipped 49 cents to $9.01 in switching ownership of 370,028 shares, Fosrich declined 15 cents to close at $4 after exchanging 531,233 units, Future Energy Source rose 11 cents to end at $5.30 after a transfer of 709,748 shares. Honey Bun dropped 13 cents to $7.97 in exchanging 5,950 shares, iCreate increased 41 cents to $3.60 with investors transferring 635,501 stocks, Iron Rock Insurance lost 48 cents to choose at $2.80 after 50,299 stock units crossed the market. ISP Finance gained 87 cents to end at $23 while exchanging two stock units, KLE Group advanced 27 cents in closing at $2.07 as investors exchanged 50 units, Knutsford Express popped 25 cents to close at $7.25 in an exchange of 61 shares, Limners and Bards rallied 10 cents ending at $2.85, with 35,850 stocks crossing the market, Main Event fell 79 cents in closing at $7.71, with 14,677 stock units changing hands, MFS Capital Partners increased 16 cents to close at $3.35 in exchanging 71,332 shares. 
Paramount Trading climbed 13 cents to end at $1.94 with the swapping of 8,000 units, Stationery and Office Supplies shed 30 cents to $16.20, with 2,935 stocks clearing the market and Tropical Battery advanced 10 cents to close at $2.70 after an exchange of 984,115 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Increase Junior Market trading
Trading remained elevated on the Junior Market of the Jamaica Stock Exchange on Thursday, with a 38 percent rise in the volume of stocks traded with a value slightly more than on Wednesday following trading in 42 securities versus 43 on Wednesday and ended with 14 rising, 21 declining and seven closing unchanged.
A total of 24,272,292 shares were exchanged for $95,687,158 compared to 17,626,075 units at $93,831,857 on Wednesday. Trading averaged 577,912 shares at $2,278,266 up from 409,909 shares at $2,182,136 on Wednesday, and month to date an average of 575,062 units at $1,952,071 compared to 574,790 units at $1,921,005 on the previous day, well above August that closed with an average of 407,186 units at $1,330,946.
Express Catering led trading with 10.24 million shares for 42.2 percent of total volume followed by ONE on ONE Educational with 4.52 million units for 18.6 percent of the day’s trade, iCreate ended with 1.85 million units for 7.6 percent market share and Fosrich with 1.81 million units for 7.4 percent of the market.
At the close, the Junior Market Index fell 12.81 points to settle at 4,189.37.
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 five stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Access Financial gained 99 cents in ending at $21.99 after trading 476 shares, AMG Packaging dipped 10 cents to $3.85 with a transfer of 235 units, Cargo Handlers fell 80 cents to $13.70 with investors transferring 603 stock units. Caribbean Assurance Brokers lost 43 cents to end at $2.26 after 7,749 stocks changed hands, EduFocal popped 19 cents in closing at $2.49 after exchanging 76,733 units, Everything Fresh dipped 10 cents to $1.80, with 107,339 stock units crossing the exchange. Fontana rose 29 cents to $9.50 in trading 29,547 stocks, Fosrich fell 15 cents to $4.15 after exchanging 1,806,311 shares, Future Energy Source increased 31 cents to end at $5.19 as investors exchanged 543,327 stock units. Honey Bun shed 75 cents in ending at $8.10, with 8,535 shares changing hands, iCreate dipped 41 cents in closing at $3.19 in an exchange of 1,853,645 units, Indies Pharma lost 12 cents after ending at $2.98 with a transfer of 12,762 stocks. ISP Finance advanced $2.38 to close at $22.13, with 12 shares crossing the market, Jamaican Teas declined 31 cents to $2.59, with 304,759 stocks crossing the market, Limners and Bards shed 14 cents to end at $2.75 in exchanging 29,112 units. 
Lumber Depot dropped 12 cents to $2.88 with the swapping of 563,435 stock units, Main Event rallied $1.01 to $8.50 with an exchange of 286,037 shares following the release of impressive nine months results, MFS Capital Partners fell 33 cents in closing at $3.19 in switching ownership of 352,974 stocks and Stationery and Office Supplies climbed 39 cents to $16.50 after clearing the market with 6,088 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.