Another record high for Junior Market

Trading closed at another record high on the Jamaica Stock Exchange Junior Market on Thursday, after hitting an intraday high at the opening, with the volume of stocks traded falling by 38 percent and the value down 36 percent compared to Wednesday.
Market activity led to 44 securities trading compared to 42 on Wednesday and ending with 17 rising, 17 declining and 10 closing unchanged.
At the close, the Junior Market Index rose 35.62 points to a record of 4,325.15 after opening at a record 4,371.90. The PE Ratio, a measure used to compute appropriate stock values, averages 13.4. The PE ratio of each stock in the chart below is based on ICInsider.com earnings forecast for companies with financial years up to August 2023.
Overall, 10,631,744 shares traded for $47,631,025 from 17,123,040 units at $73,979,105 on Wednesday. iCreate led trading with 1.68 million shares for 15.8 percent of total volume followed by Stationery and Office Supplies with 937,462 units for 8.8 percent of the day’s trade and Tropical Battery with 885,188 units for 8.3 percent market share.
Trading averaged 241,631 shares at $1,082,523 compared to 407,691 shares at $1,761,407 on Wednesday, with the month to date, averaging 464,966 units at $1,759,149 compared to 484,085 units at $1,817,071 on Wednesday the previous trading day. March closed with an average of 719,276 units at $2,636,802.
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 shed $1 to end at $20, with 35,750 shares clearing the market, AMG Packaging dropped 45 cents in closing at $3.50 with the swapping of 149,520 stock units, CAC 2000 fell 10 cents to close at $7.40 with an exchange of 1,055 stocks. Dolphin Cove climbed 10 cents to $21.60, with 896 units changing hands, EduFocal declined 19 cents in ending at $3.48 while exchanging 546,443 stock units, Elite Diagnostic lost 57 cents in closing at $3.60 after trading 773,735 units. Fontana advanced 44 cents to close at $10.89, with 100,573 stocks crossing the market, Fosrich rose $2.30 to a record $29.20 after exchanging 198,511 shares, Honey Bun gained 30 cents after ending at $9.90, with 32,555 units crossing the market. iCreate rallied 57 cents to end at record $2.51 trading 1,676,041 stock units, Lasco Financial fell 12 cents to $3.28 after trading 735,706 stocks, Lasco Manufacturing dropped 19 cents to $5 in an exchange of 138,845 shares. Mailpac Group declined 15 cents to close at $3.13 units 385,703 crossing the exchange, Main Event popped 20 cents to $8.10 in exchanging 113,177 shares, Paramount Trading shed 23 cents in closing at $1.91 in switching ownership of 54,862 stocks. SSL Venture increased 35 cents to end at $1.75 trading 570 stock units, Stationery and Office Supplies lost 30 cents to close at $8.80 after exchanging 937,462 shares and tTech rallied 30 cents to $4.05 in switching ownership of 3,800 stocks.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Record high for Junior Market again

Investors pushed up stocks to record highs during trading on Wednesday, leading to the suspension of five stocks for breaching the circuit breaker limit on the Jamaica Stock Exchange Junior Market in the morning session.  The market hit new record highs, aided by Fosrich that jumped to a record $27 before closing at $26.90 after announcing a proposal for the board to consider the recommendation of a stock split and rights issue later this year. 

New record high for the JSE Junior Market.

Trading ended with 60 percent more shares with 96 percent increased value than Tuesday. Market activity led to 42 securities trading, compared to 43 on Tuesday, ending with 15 rising, 23 declining and four closing unchanged. The Junior Market Index rose 20.80 points to settle at a record close of 4,289.53 after hitting a record intraday high of 4,316.66.  Three stocks ended trading at 52 weeks’ closing highs, with Paramount traded at a 52 weeks’ intraday high of $2.85, while Tropical Battery traded at a record high of $2.85 before pulling back to close at a 52 weeks’ high of $2.69.
The PE Ratio, a measure used to compute appropriate stock values, averages 13.6. The PE ratio of each stock in the chart below is based on ICInsider.com earnings forecast for companies with financial years up to August 2023.
Overall, 17,123,040 shares traded valued $73,979,105, up from 10,723,885 units at $37,772,473 on the Tuesday. Jamaican Teas led trading with 4.29 million shares for 25 percent of total volume, followed by iCreate, 1.57 million units for 9.2 percent of the day’s trade, Elite Diagnostic traded 1.53 million units for 8.9 percent of market share. Tropical Battery had an exchange of 1.33 million units for 7.7 percent market share and Derrimon Trading ended with 1.03 million units for 6 percent market share.
Trading averaged 407,691 shares at $1,761,407 up from 249,393 shares at $878,430 on Tuesday with the month to date, averaging 484,085 units at $1,817,071 compared to 490,882 units at $1,822,024 on the previous trading day. March closed with an average of 719,276 units at $2,636,802.
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, Access Financial lost 50 cents to close at $21, with 2,228 shares crossing the exchange, Blue Power rallied 20 cents to $3.80 in trading 100 stock units, Dolphin Cove dropped 25 cents in closing at $21.50, with 146,987 units crossing the market. EduFocal declined 10 cents to $3.67 after exchanging 662,463 stocks, Elite Diagnostic fell 43 cents to end at $4.17, with 1,532,056 stock units crossing the market, Fontana shed 45 cents to close at $10.45 with an exchange of 129,040 shares. Fosrich surged $4.90 in ending at a record high of $26.90 after exchanging 693,741 stocks, General Accident advanced 17 cents to close at $6.17 in an exchange of 11,236 units, Honey Bun fell 25 cents in closing at $9.60, with 33,389 stocks changing hands. iCreate popped 32 cents to end at a 52 weeks’ high of $1.94 in exchanging 1,570,186 stock units, Jamaican Teas rallied 54 cents to $3.95 with the swapping of 4,288,461 units, KLE Group declined 33 cents in closing at $2.35 while exchanging 4,396 shares. Lasco Financial dropped 10 cents to close at $3.40 in switching ownership of 2,103 stocks, Lasco Manufacturing climbed 19 cents to end at $5.19 after trading 98,218 units, Mailpac Group gained 14 cents ending at $3.28 after trading 382,107 stock units. Main Event shed 10 cents to close at $7.90, with 110,989 shares clearing the market, Spur Tree Spices rose 10 cents to end at $3.70 as 559,615 shares changed hands, SSL Venture lost 42 cents in closing at $1.40 in switching ownership of 524,914 stock units and Stationery and Office Supplies rallied $1.18 to $9.10 while exchanging 55,375 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

New record close for Junior Market

The Jamaica Stock Exchange Junior Market continues to hit new highs as the market index crossed over the 4,300 points mark in early trading on Tuesday but ended lower as to end at a record closing high of 4,268.73 after recording a gain of 15.47 points at the close.

A new record closing high for the JSE Junior Market.

Market activity led to 43 securities trading similar to trading on Thursday and ended with 17 rising, 20 declining and six closing unchanged. AMG Packaging, Elite Diagnostic and iCreate all ended at new 52 weeks’ closing highs.
The PE Ratio, a measure used to compute appropriate stock values, averages  13. The PE ratio of each stock in the chart below is based on ICInsider.com earnings forecast for companies with financial years up to August 2023.
Trading closed on Tuesday, with the volume of stocks traded declining 82 percent and the value dropping by 84 percent versus Thursday and ended with 10,723,885 shares traded for $37,772,473, down from 59 575,175 units at $234,063,113 on Thursday. Elite Diagnostic led trading with 1.67 million shares for 15.6 percent of total volume, followed by Derrimon Trading with 1.41 million units for 13.1 percent of the day’s trade and iCreate, 1.17 million units for 10.9 percent market share.
Trading averaged 249,393 shares at $878,430 versus  strong>1,385,469 shares at $5,443,328 on Thursday with the month to date, averaging 490,882 units at $1,822,024 compared to 515,088 units at $1,916,603 on the previous trading day. March closed with an average of 719,276 units at $2,636,802.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Access Financial dropped 50 cents to $21.50 in switching ownership of 858 shares, AMG Packaging rose 30 cents to end at a 52 weeks’ closing high of $4 after trading 572,834 stocks after trading at an intraday record high of $4.50, following the release of a continued surge in profit for the current fiscal year. Blue Power lost 49 cents in closing at $3.60 in exchanging 246 units. CAC 2000 advanced 50 cents to close at $7.50, with 71 stock units clearing the market, Cargo Handlers fell 85 cents to $10.15 with 332 shares changing hands, Caribbean Cream increased 20 cents to end at $5, with 91,196 stocks changing hands. Dolphin Cove declined $1.12 to $21.75 in trading 171,740 stock units, Elite Diagnostic rallied 93 cents in closing at 52 weeks’ high of $4.60 with the swapping of 1,669,094 units, Express Catering shed 21 cents to close at $6.22 after exchanging 36,254 stocks. Fosrich dropped 11 cents to $22 after finishing trading 10,434 units, Honey Bun popped 25 cents in closing at $9.85after exchanging 11,638 stock units, iCreate gained 26 cents to close at a 52 weeks’ high of $1.62 after trading 1,167,102 shares. Indies Pharma climbed 15 cents in ending at $3.15 with an exchange of 51,451 shares, ISP Finance shed 45 cents to close at $29.50, with 20 stocks crossing the market, Jamaican Teas fell 13 cents to end at $3.41 while exchanging 489,230 stock units. Lasco Manufacturing declined 20 cents to $5, with 158,121 units crossing the market, Main Event popped 15 cents to $8 in an exchange of 18,153 units, Paramount Trading increased 42 cents in closing at $2.18 in exchanging 800,157 stocks after the company posted nine months results showing continued improvement in earnings. Tropical Battery gained 17 cents to close at $2.68 in switching ownership of 503,264 stock units and tTech lost 20 cents in ending at $3.80 after 2,218 shares changed hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Junior Market trading jumps ahead of holidays

Add your HTML code here...

Trading levels jumped on the Jamaica Stock Exchange Junior Market on Thursday, with the volume of stocks traded surging 383 percent and the value jumping 453 percent higher than on Wednesday, Jamaican Teas and EduFocal controlling 79 percent of the volume.

Jamaican Teas was the leading trade with 34 million shares on Thursday.

Market activity led to 43 securities trading compared to 44 on Wednesday and ended with 20 rising, 15 declining and eight closing unchanged. At the close, the Junior Market Index advanced 20.89 points to  4,253.26.
The PE Ratio, a measure used to compute appropriate stock values, averages 13.2. The PE ratio of each stock in the chart below is based on ICInsider.com earnings forecast for companies with financial years up to August 2023.
Overall, 59,575,175 shares were traded for $234,063,113 compared to 12,336,057 units at $42,328,019 on the Wednesday. Jamaican Teas led trading with 34 million shares for 57.1 percent of total volume, followed by EduFocal with 12.84 million units for 21.6 percent of the day’s trade and Honey Bun with 4.03 million units for 6.8 percent market share. Elite Diagnostic chipped in with 1.34 million units for 2.3 percent market share, Derrimon Trading, 1.25 million units for 2.1 percent market share and Tropical Battery ended with 1.06 million units for 1.8 percent market share.
Trading averaged 1,385,469 shares at $5,443,328 up from 280,365 shares at $962,000 on Wednesday with the month to date, averaging 515,088 units at $1,916,603 compared to 418,128 units at $1,523,729 on the previous trading day. Trading in March averaged 719,276 units at $2,636,802.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Access Financial rose 11 cents to $22 with the swapping of 135,553 shares, AMG Packaging gained 15 cents in ending at $3.70 after exchanging 444,178 units, Blue Power rallied 49 cents to $4.09 trading 16,610 stocks. CAC 2000 shed 50 cents to end at $7 as 3,801 stock units were traded, Caribbean Assurance Brokers declined 10 cents to close at $2.60 while exchanging 89,226 stocks, Caribbean Cream dropped 19 cents to $4.80 in switching ownership of 7,655 stock units. Dolphin Cove climbed $1.07 to end at $22.87 in an exchange of 9,428 shares, Elite Diagnostic fell 12 cents to $3.67 after 1,344,708 units crossed the market, Express Catering popped 28 cents in closing at $6.43 after finishing trading of 12,500 shares. Fontana popped 90 cents to close at $10.90 in trading 84,769 units, Fosrich lost $1.69 to end at $22.11, with 68,399 stock units changing hands, Honey Bun dropped 35 cents to close at $9.60 after exchanging 4,026,875 stocks. iCreate advanced 16 cents in closing at a 52 weeks’ high of $1.36 after trading 773,133 shares, Indies Pharma advanced 15 cents to $3, with 83,580 units crossing the market, Jamaican Teas increased 10 cents ending at $3.54  after 34,000,140 stock units crossed the exchange but only after the price hit an intraday 52 weeks’ low of 43.01. Jetcon Corporation rose 12 cents to end at $1.30, clearing the market with 468,547 stocks, KLE Group popped 10 cents in closing at $2.68 with an exchange of 24 shares, Main Event shed 29 cents to close at $7.85, with 119,562 units crossing the market. Stationery and Office Supplies rallied 68 cents in ending at $7.95 with the swapping of 218,236 stocks and tTech lost 13 cents to $4, trading 75 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

New Junior Market record but index ends lower

Trading closed on Wednesday, on the Jamaica Stock Exchange Junior Market, with the volume of and the value of stocks traded declining by 43 percent and  47 percent lower respectively compared to trading on Tuesday and ended with the Market index closing 14.36 points lower to settle at 4,232.37 after the market opened at an intraday record high of 4,303.77.
As was the case on Tuesday, trading was broad-based with 44 securities changing hands and ended with prices of 22 rising,  declining and 11 closing unchanged.
The PE Ratio, a measure used to compute appropriate stock values, averages 12.8. The PE ratio of each stock in the chart below is based on ICInsider.com earnings forecast for companies with financial years up to August 2023.
Overall, 12,336,057 shares traded for $42,328,019, down from 21,499,543 units at $79,329,070 on the Tuesday. Indies Pharma led trading with 2.67 million shares for 21.6 percent of total volume followed by Lumber Depot with 1.28 million units for 10.4 percent of the day’s trade and Express Catering with 1.05 million units  or 8.5 percent market share.
Trading averaged 280,365 shares at $962,000 in contrast to 488,626 shares at $1,802,933 on Tuesday with the month to date, averaging 418,128 units at $1,523,729 compared to 435,852 units at $1,595,999 on Tuesday the previous trading day. March closed with an average of 719,276 units at $2,636,802.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Access Financial rallied 39 cents to $21.89 in switching ownership of 57 shares, AMG Packaging declined 10 cents to end at $3.55, with 278,333 stocks changing hands, CAC 2000 rose 45 cents to close at $7.50 in trading 3,487 stock units. Caribbean Assurance Brokers advanced 33 cents in ending at $2.70 with 88,049 units crossing the market, Dolphin Cove shed 55 cents in closing at $21.80, with 23,389 stocks clearing the market, Elite Diagnostic rallied 19 cents to end at $3.79 with an exchange of 777,460 shares. Express Catering fell 35 cents to $6.15 after exchanging 1,046,233 stock units, Fosrich popped 90 cents in closing at $23.80 in an exchange of 62,225 units, Honey Bun increased 25 cents to close at $9.95 with the swapping of 22,944 units. Indies Pharma dropped 30 cents in ending at $2.85 after exchanging 2,666,673 shares, KLE Group climbed 26 cents to end at $2.58 after trading 340 stocks, Knutsford Express advanced 20 cents to close at $7.90, with 17,876 stock units changing hands. Limners and Bards increased 14 cents to $3.29 after just 950 stock units crossed the market, Lumber Depot lost 12 cents in ending at $3.55 after trading 1,278,664 shares, Main Event gained 14 cents in closing at $8.14 after 12,106 units crossed the exchange. Paramount Trading rose 10 cents in closing at $1.76 in an exchange of 62,462 stocks, SSL Venture popped 17 cents to end at $1.84 while exchanging 11,262 stocks, Stationery and Office Supplies dropped 62 cents to $7.27 while trading 10,977 shares and tTech climbed 13 cents to close at $4.13 in switching ownership of 204 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Junior Market closes higher

The Junior Market Index closed with a gain of 36.21 points at 4,246.73 after the index went as high as 4,291.09 in the early morning session as trading picked up on Tuesday, with the volume of stocks rising 17 percent with an 18 percent higher value than on Monday at the close of the Jamaica Stock Exchange Junior Market.
Market activity led to 44 securities trading compared to 45 on Monday and ended with 21 rising, 16 declining and seven ended unchanged.
Fosrich traded at a record high of $25 but failed to hold at this level to the end but iCreate ended at a 52 weeks’ closing high.
The PE Ratio, a measure used to compute appropriate stock values, averages  12.9. The PE ratio of each stock in the chart below is based on ICInsider.com earnings forecast for companies with their financial year ending between August 2022 to August 2023.
Overall, 21,499,543 shares traded for $79,329,070 up from 18,383,140 units at $67,321,969 on the Monday. EduFocal led trading with 8.81 million shares for 41 percent of total volume, followed by iCreate, 2.5 million units for 11.7 percent of the day’s trade, Lumber Depot exchanged 1.38 million units for 6.4 percent market share, Express Catering ended 1.35 million units for 6.3 percent market share and Jamaican Teas controlled 1.26 million units for 5.8 percent market share.
Trading on Tuesday averaged 488,626 shares at $1,802,933, up from 408,514 shares at $1,496,044 on Monday with the month to date, averaging 435,852 units at $1,595,999 versus 428,060 units at $1,565,445 on the previous trading day. March closed with an average of 719,276 units at $2,636,802.
Investor’s Choice bid-offer indicator shows one stock ending with the bid higher than the last selling price and two with lower offers.
At the close, Access Financial rallied 14 cents to end at $21.50 after exchanging 378 shares, Blue Power dropped 55 cents to close at $3.60 after 63,369 stock units crossed the exchange, CAC 2000 declined 20 cents to $7.05 after exchanging 7,375 units. Cargo Handlers popped $1.48 in closing at $10.98 in switching ownership of 2,816 stocks, Caribbean Cream rose 14 cents to $4.99 with an exchange of 3,044 stocks, Consolidated Bakeries fell 11 cents in ending at $1.24 after an exchange of 56,570 shares. Derrimon Trading lost 13 cents to close at $2.70 with 710,408 units changing hands, Dolphin Cove gained 42 cents to end at $22.35, with 97,431 stock units crossing the market, Elite Diagnostic advanced 40 cents to $3.60 with the swapping of 664,302 stocks. Express Catering climbed 10 cents in closing at $6.50, with 1,348,242 stock units clearing the market, Future Energy Source rose 10 cents to $6.10 in trading 203,392 units, Honey Bun shed 30 cents to close at $9.70 after trading 5,759 shares. iCreate climbed 16 cents in closing at a 52 weeks’ high of $1.20 after exchanging 2,504,985 stock units, Indies Pharma rallied 10 cents to $3.15, with 272,904 stocks changing hands, Iron Rock Insurance advanced 60 cents to end at $3.80, trading 28,009 units. Knutsford Express shed 30 cents in ending at $7.70, with 15,711 shares crossing the market, Lasco Financial gained 19 cents to $3.59 while exchanging 77,266 stocks, Lumber Depot increased 12 cents to close at $3.67 with 1,375,828 units changing hands. Mailpac Group lost 10 cents in closing at $3.15 after switching ownership of 414,861 shares, Spur Tree Spices popped 18 cents to end at $3.65 in exchanging 654,725 stock units, Stationery and Office Supplies rose 39 cents in closing at $7.89, after just 70 shares crossed the market and Tropical Battery fell 13 cents in ending at $2.35 trading 911,468 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Gains for Junior Market to start the week

Trading closed on the Jamaica Stock Exchange Junior Market on Monday, with the volume  f stocks traded declining 61 percent, with 49 percent less value compared to Friday and ended with an equal number of shares rising and declining.
All 45 securities traded on Monday, up from 40 on Friday and ended with 19 rising, 19 declining and seven closing unchanged. At the close, the Junior Market Index popped 10.58 points to 4,210.52.
The PE Ratio, a measure used in computing appropriate stock values, averages 12.9. The PE ratios of stocks in the chart below are based on earnings forecast by ICInsider.com for companies with financial years ending between August 2022 and August 2023.
Overall, 18,383,140 shares traded for $67,321,969 compared to 46,852,885 units at $132,272,326 on Friday. Mailpac Group led trading with 3.56 million shares for 19.4 percent of total volume followed by Indies Pharma with 3.26 million units for 17.7 percent of the day’s trade, followed by Elite Diagnostic with 2.12 million units for 11.5 percent market share and iCreate ended with 1.56 million units changing hands for 8.5 percent market share.
Trading averaged 408,514 shares at $1,496,044 in contrast to 1,171,322 shares at $3,306,808 on Friday with month to date, averaging 428,060 units at $1,565,445 compared to 431,536 units at $1,577,789 on the previous trading day. March closed with an average of 719,276 units at  $2,636,802.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Access Financial lost 59 cents to close at $21.36 with the swapping of 25 shares, AMG Packaging climbed 40 cents to $3.60, with 324,507 stock units crossing the market, CAC 2000 advanced 20 cents to $7.25 after an exchange of 2,435 units. Cargo Handlers dropped $2.40 in closing at $9.50, with 21,030 stocks crossing the exchange, Caribbean Cream increased 9 cents to $4.85 in an exchange of 25,354 stocks, Consolidated Bakeries rallied 7 cents to end at $1.35, with 41,009 units changing hands. Derrimon Trading popped 13 cents to $2.83 as 284,977 shares were traded, Dolphin Cove shed 47 cents in ending at $21.93 with an exchange of 95,811 stock units, EduFocal fell 9 cents to $3.80 after exchanging 412,002 stock units. Elite Diagnostic rose 63 cents to close at $3.20, with 2,117,544 shares clearing the market, Express Catering gained 38 cents to $6.40 in exchanging 568,615 stocks, Fosrich rallied $2.93 to end at a record high of $22.93, with 259,550 units crossing the market. Future Energy Source declined 15 cents in closing at $6 after trading 647,264 stocks, Honey Bun shed 15 cents in ending at $10, after an exchange of 91,534 stock units, iCreate popped 14 cents to close at $1.04 while exchanging 1,563,814 shares. Indies Pharma advanced 20 cents in ending at $3.05 after swapping 3,261,845 units, Iron Rock Insurance dropped 50 cents to $3.20 in exchanging 112,371 units, Lasco Financial fell 10 cents to $3.40 after exchanging 63,566 stock units. Lasco Manufacturing declined 24 cents to end at $5.09 in trading 35,937 stocks, Limners and Bards lost 10 cents in closing at $3.20, with 334,155 shares crossing the market, Lumber Depot lost 13 cents to end at $3.55 after trading 629,422 stocks. Mailpac Group climbed 10 cents in closing at $3.25 in switching ownership of 3,564,473 stock units, SSL Venture declined 19 cents to close at $1.66 with an exchange of 26,007 shares, Stationery and Office Supplies dropped 38 cents to $7.50 in trading 11,296 units. Tropical Battery gained 15 cents to end at $2.48, with 827,488 stocks crossing the market and tTech rose 36 cents to close at $4.09 after 23,328 shares changed hands.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading surges on the Junior Market

Trading closed on the Jamaica Stock Exchange Junior Market on Friday, with the volume surging 381 percent higher and the value jumping 240 percent more than on Thursday, with 40 securities trading versus 42 on Thursday and ended with 20 rising, 14 declining and six closing unchanged as the Market Index rallied 21.71 points to 4,199.94.
The PE Ratio, a measure used in computing appropriate stock values, averages 13.1 based on ICInsider.com earnings forecast for fiscal years ending August 2022 to August 2023.
Trading accounted for 46,852,885 shares at  $132,272,326 versus 9,731,874 units at $38,899,937 on the Thursday.
Elite Diagnostic led trading with 35.84 million shares for 76.5 percent of total volume, followed by Indies Pharma with 3.17 million units for 6.8 percent of the day’s trade and Tropical Battery, 1.62 million units for 3.5 percent market share.
Trading averaged 1,171,322 shares at $3,306,808 in contrast to 231,711 shares at $926,189 on Thursday with the month to date, averaging 431,536 units at $1,577,789 compared to  292,609 units at $1,253,090 on the previous trading day. March closed with an average of 719,276 units at $2,636,802.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Access Financial rallied $1.75 to $21.95, trading 960 shares, Blue Power popped 19 cents to $4.14, with 100 stock units crossing the exchange, Cargo Handlers rose $1.55 to close at $11.90 after exchanging 20 units. Dolphin Cove shed 25 cents in closing at $22.40, with 68,223 stocks changing hands. Elite Diagnostic dropped 42 cents ending at $2.57 with an exchange of 35,844,199 stock units, leaving 85 million units on offer to sell at $2.57 and 30 million on the bid at $2.50 to buy, with excel Investments that owned the largest block of 130 million seems the likely sellers. Fontana climbed 7 cents to close at $9.98 in an exchange of 59,545 stocks. Future Energy Source gained 13 cents to end at $6.15 in trading 873,959 units, Honey Bun advanced 65 cents to $10.15 after 25,781 shares crossed the market, Jamaican Teas increased 7 cents to $3.50 in an exchange of 251,535 units. Knutsford Express rose 54 cents in closing at $8 with the swapping of 740 shares, Lasco Financial increased 7 cents to close at $3.50, with 31,500 stock units clearing the market, Main Event declined 16 cents to $7.97 after exchanging 14,438 stocks. Stationery and Office Supplies advanced 8 cents in closing at $7.88 in trading 52,397 stocks, Tropical Battery fell 7 cents to $2.33 with the trading of 1,623,504 units and tTech lost 47 cents in ending at $3.73 in switching ownership of 147,314 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Steady Junior Market

Trading closed on Thursday, with the volume of stocks traded rising declining 20 percent, with 7 percent less value than on Wednesday at the close of the Jamaica Stock Exchange Junior Market as declining stocks beat out those that rose.
Market activity led to 42 securities trading similar to Wednesday, with 14 rising, 19 declining and nine closing unchanged.
At the close, the Junior Market Index popped 12.87 points to settle at 4,178.23. The PE Ratio, a measure used to compute appropriate stock values, averages 12.8. The PE ratio of each stock in the chart below is based on ICInsider.com earnings forecast for companies with financial years up to August 2023.
Overall, 9,731,874 shares traded for $38,899,937 compared to 12,155,563 units at $41,626,008 on Wednesday. Lumber Depot led trading with 2.52 million shares for 25.9 percent of total volume followed by Jamaican Teas, with 1.02 million units for 10.5 percent of the day’s trade and Tropical Battery, 839,576 units for 8.6 percent market share.
Trading averaged 231,711 shares at $926,189 down from 289,418 units at $991,095 on Wednesday with the month to date, averaging 292,609 units at $1,253,090 compared to 307,567 units at $1,333,381 on the previous trading day. March closed with an average of 719,276 units at $2,636,802.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and three stocks with lower offers.
At the close, Access Financial dropped $2.80 to end at $20.20 while trading 16,120 shares, Blue Power dipped 20 cents to $3.95 while exchanging 2,968 units, CAC 2000 slipped 30 cents to $7.05 after an exchange of 150 stocks. Caribbean Assurance Brokers declined 9 cents to $2.30 after trading 82,900 stock units, Caribbean Flavours rose 7 cents to $2 in switching ownership of 2,457 stocks, Derrimon Trading climbed 20 cents to end at $2.72, with 473,732 units crossing the market. Dolphin Cove shed 35 cents to end at $22.65, with 102,790 stock units crossing the exchange, Fontana lost 7 cents in closing at $9.91, with 217,301 shares changing hands, Future Energy Source fell 8 cents to $6.02 trading 408,778 stocks. General Accident increased 11 cents to close at $6, with 2,943 units crossing the market, Honey Bun rallied 48 cents to $9.50 with the swapping of 20,001 shares, Indies Pharma declined 15 cents to $2.90 with an exchange of 441,935 stock units. Jamaican Teas dropped 11 cents in closing at $3.43 in exchanging 1,018,229 stock units, Lasco Manufacturing popped 15 cents to close at $5.35 in trading 16,404 shares, Lumber Depot advanced 8 cents to end at $3.70 after 2,516,247 stocks changed hands. Mailpac Group shed 13 cents to close at $3.21 in an exchange of 492,517 units, Main Event gained 13 cents in ending at $8.13 after exchanging 7,738 stocks and Stationery and Office Supplies gained 8 cents to end at $7.80 while 301 shares changed hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Junior Market dips again

Trading closed on Wednesday, with the volume of stocks traded declining 12 percent more, but the value was just slightly ahead of trading on Tuesday at the close of the Jamaica Stock Exchange Junior Market on a day when the number of stocks rising exceeded those declining.
Market activity led to 42 securities trading down from 45 on Tuesday and ended with 19 rising, 15 declining and eight closing unchanged.
At the close, the Junior Market Index slipped 6.23  to settle at 4,165.36. The PE Ratio, a measure used to compute appropriate stock values, averages 12.9. The PE ratio of each stock in the chart below is based on ICInsider.com earnings forecast for companies with financial years up to August 2023.
Overall, 12,155,563 shares traded for $41,626,008 compared to 10,881,450 units at $41,038,700 on the Tuesday. Jamaican Teas led trading with 3.62 million shares for 29.8 percent of total volume, followed by Tropical Battery with 1.65 million units for 13.6 percent of the day’s trade and Jetcon Corporation with 1.03 million units for 8.5 percent market share.
Trading averaged 289,418 shares at $991,095 versus 241,810 shares at $911,971 on Tuesday with month to date, averaging 307,567 units at $1,333,381 compared to 313,476 units at $1,444,823 on the previous trading day. March closed with an average of 719,276 units at $2,636,802.
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, Access Financial popped $3.50 in, ending at $23 after switching ownership of 41,205 shares, Blue Power rallied 25 cents in closing at $4.15 after 6,139 stock units crossed the market, Cargo Handlers lost 68 cents to end at $10.32 with an exchange of 179,214 units. Caribbean Cream fell 36 cents to $4.74 after trading 5,522 stocks, Dolphin Cove gained 20 cents to end at $23, with 61,496 shares clearing the market, Express Catering increased 5 cents in ending at $6 after trading 7,378 stock units. Future Energy Source declined 8 cents to end at $6.10, with 823,971 units changing hands, General Accident dropped 21 cents in closing at $5.89 after an exchange of 7,510 stock units, Honey Bun shed 87 cents to $9.02 in trading 635 stock units. Indies Pharma shed 10 cents to close at $3.05 in exchanging 73,207 stocks, Jetcon Corporation climbed 6 cents to $1.03 in an exchange of 1,032,759 shares, Knutsford Express dropped 31 cents to end at $7.46 after exchanging 6,973 units. Lasco Manufacturing declined 25 cents to $5.20 while trading 11,105 shares, SSL Venture rose 6 cents in closing at $1.85 with an exchange of 37,579 units, Stationery and Office Supplies advanced 72 cents to close at $7.72 after exchanging 1,169 stocks and Tropical Battery fell 19 cents to close at $2.41, with 1,648,475 stock units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.